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Cable Update (GBPUSD)

  • #588,601
  • Apr 8, 2021 9:56am Apr 8, 2021 9:56am
Quoting Sang.Real
{quote} Thanks BeeTogether. Then, I have to honor my Stop Loss when price reach it. Regards Sang Real
Hi my love
  • #588,602
  • Apr 8, 2021 9:58am Apr 8, 2021 9:58am
Quoting gatenio
{quote} i know the feeling when your sell entry price become the support, vice versa. then you think the world is against you
this is my fault
i predict a retracement , but i entered a false break just before trading day closed
Attached Image (click to enlarge)
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in the other hand ,maybe this false break will save me
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yes yes yes
  • #588,603
  • Apr 8, 2021 10:02am Apr 8, 2021 10:02am
Closed..TP at 1.3725
My observation may be wrong but intent correct. Stay calm!
  • #588,604
  • Apr 8, 2021 10:06am Apr 8, 2021 10:06am
Quoting Moty
{quote} this is my fault i predict a retracement , but i entered a false break just before trading day closed {image} in the other hand ,maybe this false break will save me{image}
happen to all of us, market is a bitch
Im out of everything for now, im scalping my whey to the top again after ugly year open, massive lost every single day.
so i lower my trade size until further notice.

Suggest you to do so when you will bring your account back to 1000$ and trade with Money management.

You can recover from the mistakes and you wont waste all day by holding trades underwater with no other options.
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  • #588,605
  • Apr 8, 2021 10:07am Apr 8, 2021 10:07am
Quoting Sang.Real
{quote} GU Not looking good. Price starting going down. Sang Real {image}

GU

Stopped out.

Attached Image (click to enlarge)
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  • #588,606
  • Apr 8, 2021 10:13am Apr 8, 2021 10:13am
Quoting Waveskierrob
{quote} Ever thought about scalping in both direction at the same time?

Hi Waveskierrob,

I don't think want to try that yet.

Still new in trading with 9 months real account.

Been studying forex for las one year and still learning using Support and Resistant method.

Maybe in five years in future, will try the method.

I know one person who traded that method.

i.e MoneyZila.

He is the best in scalp trading both ways.

Regards

Sang Real
  • #588,607
  • Apr 8, 2021 10:13am Apr 8, 2021 10:13am
Quoting Wavegarrick
{quote} Hi Guys, Zooming out to a bigger picture, it will not come without stutters, but from my point of view, we could be looking at a pullback towards my yearly pivot at 1.2918 in the 2nd Qtr of this year. I said the same about Eu achieving 1.1721 at the beginning of January this year which seemed impossible. But it happened now recently. Eurgbp has a strong move to the upside, the best in a long time. The pound has been lagging behind the Euro for a long time. Could this be the switch? My weekly Gu chart. Do your due diligence. Cheers. {image}...
I took 2 sell trades off my daily pivot today with my trades locked in. EurGbp having a nice run again and every time this happens Gu goes down. I can just imagine if the dollar index turns up, we could have fast acceleration with Gu to the downside.
Anyway, probably wishful thinking at the moment.

Trade safe.
Cheers.
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Trade to trade another day
  • #588,608
  • Apr 8, 2021 10:13am Apr 8, 2021 10:13am
Quoting BeeTogether
{quote} I know what you mean. Seems to be story of my life lol. Although at this rate I can’t even see a drop towards 13730
Did you get in at 1.3730 as you wanted?
  • #588,609
  • Apr 8, 2021 10:15am Apr 8, 2021 10:15am
Quoting Sang.Real
{quote} Hi Waveskierrob, I don't think want to try that yet. Still new in trading with 9 months real account. Been studying forex for las one year and still learning using Support and Resistant method. Maybe in five years in future, will try the method. I know one person who traded that method. i.e MoneyZila. He is the best in scalp trading both ways. Regards Sang Real
I trade both ways, stress free , but yes stick with what you are comfortable with
  • #588,610
  • Apr 8, 2021 10:17am Apr 8, 2021 10:17am
Quoting BeeTogether
{quote} feel for you bro... it’s been a crap day no real direction no bounce area or retreat areas. What was your entry? My thinking is if the drop goes to 137 it will bounce back up to 138

Hi Bee, Together.

I honor my SL.

I will find another set up, if not today maybe tomorrow or Monday.

No worries, part of cost in doing business, there's some pilferages associated in trading cost.

I learn a lot from all of you guys here. ( directly/indirectly).

Thanks for your help and may green pips with you always.



Sang Real
  • #588,611
  • Apr 8, 2021 10:22am Apr 8, 2021 10:22am
Quoting Kaysole
{quote} Did you get in at 1.3730 as you wanted?
nope I was having lunch lol! That’s the second time I’ve missed 13720 for a manual close.
Insane in the Brain..
  • #588,612
  • Apr 8, 2021 10:23am Apr 8, 2021 10:23am
Quoting Sang.Real
{quote} Hi Bee, Together. I honor my SL. I will find another set up, if not today maybe tomorrow or Monday. No worries, part of cost in doing business, there's some pilferages associated in trading cost. I learn a lot from all of you guys here. ( directly/indirectly). Thanks for your help and may green pips with you always. Sang Real
actually I’m also learning from you
Insane in the Brain..
  • #588,613
  • Apr 8, 2021 10:25am Apr 8, 2021 10:25am
Quoting BeeTogether
{quote} actually I’m also learning from you

You are being nice to me.

Seriously ? ........

Attached Image
  • #588,614
  • Apr 8, 2021 10:28am Apr 8, 2021 10:28am
i hate when this happens
the reverse correlation work nicely twice , and all of a sudden when it suppose to go in my favor , it's not
Attached Image (click to enlarge)
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yes yes yes
  • #588,615
  • Apr 8, 2021 10:31am Apr 8, 2021 10:31am
Hi guys

was busy just above 10 days with famley matters

range is only 3 pip
  • #588,616
  • Apr 8, 2021 10:34am Apr 8, 2021 10:34am
Quoting greengp
hi guys was busy just above 10 days with famley matters range is only 3 pip
just for the purpose sl 1.37654 on the side to short
  • #588,617
  • Apr 8, 2021 10:35am Apr 8, 2021 10:35am
Quoting greengp
{quote} just for the purpose sl 1.37654 on the side to short

tp with slippage factor tp 1.37192
  • #588,618
  • Apr 8, 2021 10:39am Apr 8, 2021 10:39am
Im more comfortable with this set up
Up towards e
Then triangle breakout to 1.3670
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  • #588,619
  • Apr 8, 2021 10:44am Apr 8, 2021 10:44am
Quoting Waveskierrob
{quote} I trade both ways, stress free , but yes stick with what you are comfortable with


Hi Waveskierrob,

Newbie question here.


Do you hedge or place stop loss order to make sure when markets turn you are protected from having multiple positions and risking more then you thought?

Thanks & Regards

Sang Real
  • #588,620
  • Apr 8, 2021 10:45am Apr 8, 2021 10:45am
I have closed sell positions at 1.3725. I am waiting for sell opportunity above 1.3750. I don't believe that GU would go up beyond 1.3770 for today. Tomorrow is possible, but not for today!
It is quite possible for GU to go below 1.3700 before London session opens tomorrow. Maybe today in NY session or in Asia session!
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