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Cable Update (GBPUSD)

  • #614,641
  • Aug 5, 2021 9:13am Aug 5, 2021 9:13am
I have just open my pc after 12 hours. GU had gone crazy. Thank god I didn't trade today. other wise I would have been brutally wounded.

Can't imagine how you guys survived. of course, I am talking about 1-30 scalpers.
Fools Rushing
  • #614,642
  • Aug 5, 2021 9:14am Aug 5, 2021 9:14am
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broke the tl after confirming the bottom and heading for the boxes above
  • #614,643
  • Aug 5, 2021 9:15am Aug 5, 2021 9:15am
Quoting Pat Chiko
{quote} GU Going to be another stopped out ? WTH men..... Please no laughing to unfortunate trades. Thanks . PAT {image}
GU

Common spike hiigher


Take out the high. Fly higher

Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #614,644
  • Aug 5, 2021 9:16am Aug 5, 2021 9:16am
Quoting Pat Chiko
{quote} GU Common spike hiigher Take out the high. Fly higher {image}
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watch for another dt
  • #614,645
  • Aug 5, 2021 9:20am Aug 5, 2021 9:20am
Quoting M.Fadly
{image}
Attached Image

i will closed @1.3985
Like me, cuts losses quickly. But has more patience and lets his winn
  • #614,646
  • Aug 5, 2021 9:20am Aug 5, 2021 9:20am
Quoting navk
{quote} As per my technicals, hourly and daily, it lloks up today. Purely technical. We never know.. my winnings are partially technical, and mostly money management.
It should break 3980 for Jobs report.
Intraday only.
  • #614,647
  • Aug 5, 2021 9:23am Aug 5, 2021 9:23am
Quoting bilal1947
{quote} Price did fall and fill the ADR yesterday but after taking me out {image}
Price struggles alot but finally had to renter
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"Exchange of hands"
  • #614,648
  • Aug 5, 2021 9:24am Aug 5, 2021 9:24am
Quoting Pat Chiko
{quote} GU Common spike hiigher Take out the high. Fly higher {image}

GU

Thanks for the revenge GU for your weird movement today.

I take the money now.

Will trade you again later, when I feel like to.


Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #614,649
  • Aug 5, 2021 9:25am Aug 5, 2021 9:25am
Quoting BigNumbers
Now we go long again, The storm is calm.. I see price getting to the high.. Proper risk management.. ENTRY: 1.3900 TP: 1.39577 {image}
IT IS WHAT IT IS...
This time I'm sure price will make it to 1.39577, where we have the opportunity to SHORT...
MOST TRADERS LIKE GETTING INTO A MOVING TRAIN AND IT'S DANGEROUS... WAIT AT THE TRAIN STATION

Now I've been making reference to 1.39577 as a Resistance Level ; on getting there some traders will start buying because they feel the price is moving up!
My telegram: https://t.me/avidforex
  • #614,650
  • Aug 5, 2021 9:26am Aug 5, 2021 9:26am
Quoting Pat Chiko
{quote} GU Thanks for the revenge GU for your weird movement today. I take the money now. Will trade you again later, when I feel like to. {image}
Interesting convercation! Did it sometimes answer you?
  • #614,651
  • Aug 5, 2021 9:26am Aug 5, 2021 9:26am
Attached Image (click to enlarge)
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Like me, cuts losses quickly. But has more patience and lets his winn
  • #614,652
  • Aug 5, 2021 9:27am Aug 5, 2021 9:27am
Quoting BigNumbers
{quote} IT IS WHAT IT IS... This time I'm sure price will make it to 1.39577, where we have the opportunity to SHORT... MOST TRADERS LIKE GETTING INTO A MOVING TRAIN AND IT'S DANGEROUS... WAIT AT THE TRAIN STATION Now I've been making reference to 1.39577 as a Resistance Level ; on getting there some traders will start buying because they feel the price is moving up!
yes ready to short this again , cable wont let you have a big move without claiming some back
  • #614,653
  • Aug 5, 2021 9:27am Aug 5, 2021 9:27am
LOL some of you figured it out

same here, see you at 1.4110 area

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Follow The Markets Structure - Patience and Discipline
  • #614,654
  • Aug 5, 2021 9:31am Aug 5, 2021 9:31am
40 short
  • #614,655
  • Aug 5, 2021 9:32am Aug 5, 2021 9:32am
Quoting elbert3
{quote} fighting in this section ,, like in war,, nobody wants to give any ground
That was a very good mental exercise

If we can handle such a trade ( take small loss and win big).

Then we're going to be able to trade more easier set up.

I like mental challenge, to test how we manged to trade by taking small loses and not afraid to making a come back to trade.

I used to be afraid taking losses coz others will laugh at me. ( that was long time ago)

Now, I can even post my losses without fear of others looking at me as fail traders.

It's how we managed our psychology in taking loses and stand up for the next trades.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #614,656
  • Aug 5, 2021 9:35am Aug 5, 2021 9:35am
Quoting bigiivan
{quote} Interesting convercation! Did it sometimes answer you?
More to Psychology Brother.

To break the mental barrier is hard in trading Fear/Greed

You can see my Text Signature said it all : Fear of losing is the #1 reason you are losing.

Regards

PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #614,657
  • Aug 5, 2021 9:37am Aug 5, 2021 9:37am
Quoting elbert3
{quote} yes ready to short this again , cable wont let you have a big move without claiming some back
Prices will slow down on getting to 1.39577 Resistance Level, Usually, I use candle formation and time to read confirmation!

and if there is a POWERFUL break out, then we can keep going up but it seems like Dollar is getting stronger looking at the Dollar index; which means Price will likely

reject on getting to the high..

When we get there we'll see price reaction..
My telegram: https://t.me/avidforex
  • #614,658
  • Aug 5, 2021 9:38am Aug 5, 2021 9:38am
I m not trading. However i see good short entry. Scalping.
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Fools Rushing
  • #614,659
  • Aug 5, 2021 9:40am Aug 5, 2021 9:40am
GU

Thinking of going long again at the retest zone.

Attached Image (click to enlarge)
Click to Enlarge Name: gu 025.jpg Size: 65 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #614,660
  • Aug 5, 2021 9:41am Aug 5, 2021 9:41am
Quoting Pat Chiko
{quote} That was a very good mental exercise If we can handle such a trade ( take small loss and win big). Then we're going to be able to trade more easier set up. I like mental challenge, to test how we manged to trade by taking small loses and not afraid to making a come back to trade. I used to be afraid taking losses coz others will laugh at me. ( that was long time ago) Now, I can even post my losses without fear of others looking at me as fail traders. It's how we managed our psychology in taking loses and stand up for the next trades.
yes and wipe the smile off their faces ,,18 trades today 6 lose but not a large money injection as i said its going to be hard ,,fight the good fight
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