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Cable Update (GBPUSD)

  • #617,261
  • Aug 17, 2021 9:10am Aug 17, 2021 9:10am
[quote=donfriday;13670902]
Quoting Pat Chiko
{quote} scalpers make more pips swing traders make more $$

how come?..

pips=dollars..
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #617,262
  • Aug 17, 2021 9:11am Aug 17, 2021 9:11am
Quoting Pat Chiko
{quote} GU Target arrived It's all about consistency and discipline to wait for the very best set ups. Those less-than-optimum entries are what jeopardize the overall trades you face for the rest of the day, trying to correct and managed the wronged entries. Just be disciplined and patient to avoid taking them. ( less optimum set up) Do not try to crank 1000 pips in a month, trading is not about that. Trading is about being conservative and aiming for realistic goals in a CONSISTENT fashion. Yes, as scalper I made only tiny profit compares to swing...
still waiting for waveskierrob comment on you lol
Daddy, Brother, Lover, Little Boy
  • #617,263
  • Aug 17, 2021 9:13am Aug 17, 2021 9:13am
Attached Image (click to enlarge)
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come on baby
  • #617,264
  • Aug 17, 2021 9:18am Aug 17, 2021 9:18am
Quoting Pat Chiko
{quote} GU Target arrived It's all about consistency and discipline to wait for the very best set ups. Those less-than-optimum entries are what jeopardize the overall trades you face for the rest of the day, trying to correct and managed the wronged entries. Just be disciplined and patient to avoid taking them. ( less optimum set up) Do not try to crank 1000 pips in a month, trading is not about that. Trading is about being conservative and aiming for realistic goals in a CONSISTENT fashion. Yes, as scalper I made only tiny profit compares to swing...
It appears you are a breakout trader? What are the aqua blue lines appearing on your chart based on?
Learn from your mistakes and march on.
  • #617,265
  • Aug 17, 2021 9:20am Aug 17, 2021 9:20am
Quoting Pat Chiko
{quote} GU Target arrived It's all about consistency and discipline to wait for the very best set ups. Those less-than-optimum entries are what jeopardize the overall trades you face for the rest of the day, trying to correct and managed the wronged entries. Just be disciplined and patient to avoid taking them. ( less optimum set up) Do not try to crank 1000 pips in a month, trading is not about that. Trading is about being conservative and aiming for realistic goals in a CONSISTENT fashion. Yes, as scalper I made only tiny profit compares to swing...
I never have targets as it would open up a world of hurt trying to chase set amount of pips/profit, just let the market choose what I make as long as it's positive
  • #617,266
  • Aug 17, 2021 9:20am Aug 17, 2021 9:20am
Quoting Mr.Burger
{quote} still waiting for waveskierrob comment on you lol
Done
  • #617,267
  • Aug 17, 2021 9:21am Aug 17, 2021 9:21am
now long
current price at gu 1.37500
let's see
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yes yes yes
  • #617,268
  • Aug 17, 2021 9:22am Aug 17, 2021 9:22am
Quoting gatenio
{quote} still holding this. trying to figure out why i do stupid things anyway, going to load some more long at 1.3755

Catching falling knives?
Many of us in the same voyage. But why?
  • #617,269
  • Aug 17, 2021 9:24am Aug 17, 2021 9:24am
Quoting here2there
{quote} It appears you are a breakout trader? What are the aqua blue lines appearing on your chart based on?

Support & Resistance
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #617,270
  • Aug 17, 2021 9:26am Aug 17, 2021 9:26am
LONG @ 1.3758 no tp no sl
  • #617,271
  • Aug 17, 2021 9:27am Aug 17, 2021 9:27am
Quoting Jolita
{quote} Catching falling knives? Many of us in the same voyage. But why?
Mmmm..
so its just like that:
1. daily, waiting for ab=cd potential pattern, after HH on daily, retrace 50%~61.8%
2. 1h wolf wave pattern
3. Im stupid?
  • #617,272
  • Aug 17, 2021 9:28am Aug 17, 2021 9:28am
Quoting Moty
now long current price at gu 1.37500 let's see {image}
still in the game or its gone?
  • #617,273
  • Aug 17, 2021 9:33am Aug 17, 2021 9:33am
[quote=Almo2312;13670909]
Quoting donfriday
{quote} how come?.. pips=dollars..
pips=dollar depend on contract size.


most swing traders that i know may take 1-2 trades a year and its heavy
MY OPINION NOT FINANCIAL ADVISE
  • #617,274
  • Aug 17, 2021 9:34am Aug 17, 2021 9:34am
maybe dxy will finally pullback, it has reached this area on 1hr that looks like a turning point...
but then there is the outcome of powell"s speech too so it could pump again soon
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  • #617,275
  • Aug 17, 2021 9:38am Aug 17, 2021 9:38am
[quote=donfriday;13670958]
Quoting Almo2312
{quote} pips=dollar depend on contract size. most swing traders that i know may take 1-2 trades a year and its heavy
yes but scalpers also can take heavy but several times a day..

i really think its same even more credits to scalpers .

i am also scalper in good day i can catch about 50/100 pips in several trades about 6 hrs a day..you also able to put any heavy lot you want according your MM

anyway its just my opinion

take care
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #617,276
  • Aug 17, 2021 9:40am Aug 17, 2021 9:40am
Quoting gatenio
{quote} still in the game or its gone?
פוסט שעבר נתת לו אחלה טיפים

מוטי!!!תפסיק להאכיל את הברוקר שלך

בהצלחה
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #617,277
  • Aug 17, 2021 9:40am Aug 17, 2021 9:40am
Quoting gatenio
{quote} Mmmm.. so its just like that: 1. daily, waiting for ab=cd potential pattern, after HH on daily, retrace 50%~61.8% 2. 1h wolf wave pattern 3. Im stupid?
Not judging or querying at all, just saying. I am bying dips, as we suppose to be at 1.4 by now. Long overdue..

Dont you think this is all driven by Afganistan / Taliban / troops / war / Biden has even returned back from vacation? This trend could continue for ever.
  • #617,278
  • Aug 17, 2021 9:43am Aug 17, 2021 9:43am
SHORT @ 1.3745 no tp no sl
  • #617,279
  • Aug 17, 2021 9:45am Aug 17, 2021 9:45am
Quoting Pat Chiko
{quote} Support & Resistance
So you plot support and resistance on a higher time frame, such as the Daily. And then you enter on a pullback on the 30 min? Or do you just enter a trade as it breaks support or resistance?
Learn from your mistakes and march on.
  • #617,280
  • Aug 17, 2021 9:46am Aug 17, 2021 9:46am
Took the pain of 0 1% long position. Loss. The road is down. For how long, we will see.
The bottom is taken..
Retrace, it must. Time will tell......
USD is very strong and GBP is very weak.
Will be on the side line and wait for correction
Trade safe.......
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