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Cable Update (GBPUSD)

  • #590,981
  • Apr 22, 2021 11:57am Apr 22, 2021 11:57am
not in the US not American
in the forex money management sales market
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #590,982
  • Apr 22, 2021 12:05pm Apr 22, 2021 12:05pm
BUY ON THE DIP
Like me, cuts losses quickly. But has more patience and lets his winn
  • #590,983
  • Apr 22, 2021 12:07pm Apr 22, 2021 12:07pm
Quoting Sang.Real
{quote} Hello HBN08, thanks for your comment and ideas on Support/Resistant Trade set up for Newbie. Full disclosure, I'm not the best Newbie in the world. My exits can be sloppy, my entries can be ill-disciplined, I can break my own rules et- cetera . Sometimes to get perfect set up is difficult (for me). I tried to minimized stupid entry and exit as much possible. Your analysis is good. Striving to be better , maybe becoming like you one day ; that is healthy. But for me, so is accepting my own human nature for fallibility and the ever-present...
Hi Sang,

That’s a great post, knowing your limitations and the limitations of whatever strategies you’re trading is far far more important than peak performance and shooting for ideals, which leads to frustration and despondency.

it’s better to wait for good quality setups and know in advance what the risk is. The financial risk and the risks in execution and management. Getting in is the easy part!

“Averaged out, betting on the quality of business is better than betting on the quality of management. In other words, if you have to choose one, bet on the business momentum, not the brilliance of the manager.” Charlie Munger
  • #590,984
  • Apr 22, 2021 12:11pm Apr 22, 2021 12:11pm
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Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #590,985
  • Apr 22, 2021 12:14pm Apr 22, 2021 12:14pm
Shorted at 138400 ish. I think that this still has a considerable amount of downside potential left before we start seeing any upside. Could be wrong, but I feel right so went with the trade.
  • #590,986
  • Apr 22, 2021 12:17pm Apr 22, 2021 12:17pm
Quoting TrTT
Oops 3898 HAHA
It ain’t gonna happen tonight by the looks of it. SL of that long got hit. No more experiments for today. I’m over and out. Green pips to all.
Did you place your stop loss order? Why not?!? Story of my life...
  • #590,987
  • Apr 22, 2021 12:26pm Apr 22, 2021 12:26pm
Buying zone?
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  • #590,988
  • Apr 22, 2021 12:31pm Apr 22, 2021 12:31pm
Quoting thevisitor
Buying zone? {image}
it should be a buy zone but there seems to be a lot of resistance above 13850
Insane in the Brain..
  • #590,989
  • Apr 22, 2021 12:31pm Apr 22, 2021 12:31pm
Quoting coyoteuglyxxx
{quote} It ain’t gonna happen tonight by the looks of it. SL of that long got hit. No more experiments for today. I’m over and out. Green pips to all.
Oh It will Trust me
  • #590,990
  • Apr 22, 2021 12:33pm Apr 22, 2021 12:33pm
Quoting thevisitor
Buying zone? {image}
as logn as it keeps making ll's and lh's not for me

sorts only advised. done for the day, more trades after london reopens
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offering my system to copy trade. check my link
  • #590,991
  • Apr 22, 2021 12:37pm Apr 22, 2021 12:37pm
Quoting Bones
{quote} This inflation rate is low ,also lower than forecast. Low CPI is bearish ,proves the point since cable fell ,maybe it went up on anticipation of a high CPI number more like just saying But everything is very skewed right now ,when factoring the virus interventions. {image}
I look at the core cpi, not headline cpi. If you look at the core cpi & gdp growth rate(consensus vs. actual), you can see why it went up and why it is falling now. Which proves my point
You have to have an IQ higher than 90 to interact with this user.
  • #590,992
  • Apr 22, 2021 12:48pm Apr 22, 2021 12:48pm
They always do this eh? Bounce the ADR then come back for the stop. I got stopped BE but took it long again. I'd love to know the mechanics of what's going on behind the scenes here. Maybe it's a conspiracy to raise peoples blood pressure and piss everyone off. Well it's working, good job

What are the odds of this thing making new lows at this hour? This is usually a solid trade
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  • #590,993
  • Apr 22, 2021 12:52pm Apr 22, 2021 12:52pm
Quoting coyoteuglyxxx
{quote} It ain’t gonna happen tonight by the looks of it. SL of that long got hit. No more experiments for today. I’m over and out. Green pips to all.
Ugliesttt I want to show you something again

Size does matter I guess watch it like what you see


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More to come
  • #590,994
  • Apr 22, 2021 12:53pm Apr 22, 2021 12:53pm
GU broke below crucial lower support 1.3850s then tested it and couldn't go above again, it's now turned resistance, now focus at 1.3810 that seems gonna break sooner or later and next focus target is not before 1.3730

If this daily candle close below 1.3810 that's very bearish and can accelerate the fall tomorrow, let's see if daily big pips range so far can hold that, bulls have no option than breaking 1.3850s first.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #590,995
  • Apr 22, 2021 12:56pm Apr 22, 2021 12:56pm
Quoting littspaniard
{quote} stop at even and set profit {image}
stop loss hit at even
The only constant is change
  • #590,996
  • Apr 22, 2021 12:57pm Apr 22, 2021 12:57pm
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yes yes yes
  • #590,997
  • Apr 22, 2021 12:59pm Apr 22, 2021 12:59pm
Quoting thevisitor
Buying zone? {image}
1.3780 may be a good buy..in the zone
  • #590,998
  • Apr 22, 2021 1:00pm Apr 22, 2021 1:00pm
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  • #590,999
  • Apr 22, 2021 1:01pm Apr 22, 2021 1:01pm
Helloooooo
Next station at the 1.38000. Then maybe 50 pips up then again down to my final target
  • #591,000
  • Apr 22, 2021 1:10pm Apr 22, 2021 1:10pm
Quoting thevisitor
{quote} 1.3780 may be a good buy..in the zone
Thats my buy limit
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