Disliked{quote} GBP/USD 2x Long Trades Result 1st Entry 1.37750 Exit 1.38500 +75 Pips 2nd Entry 1.37880 Exit 1.38500 +62 Pips {image} {image}Ignored
GBP/USD H1 Observations
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3
Cable Update (GBPUSD)
- #621,261
- Sep 3, 2021 10:54am Sep 3, 2021 10:54am
- Joined Dec 2010 | Status: Never Stop Learning | 7,328 Posts
- #621,262
- Sep 3, 2021 10:59am Sep 3, 2021 10:59am
- Joined Jan 2012 | Status: Always Decisive | 4,425 Posts
- #621,263
- Sep 3, 2021 11:02am Sep 3, 2021 11:02am
- Joined Aug 2018 | Status: Research Analyst | 4,290 Posts
Data + Stat + Risk/Emotions Management
- #621,264
- Sep 3, 2021 11:07am Sep 3, 2021 11:07am
- Joined Jan 2013 | Status: Trader | 1,107 Posts
{quote} That's the case sometimes, but it can also be completely opposite. Many times non farm also gives the price speed to the directional it's heading. For example 7th of May and 2nd of April. I once was always looking for these theories where the price was driven before the news (for years with TraderAtHome in Sonic R thread), but later I have just been thinking the news to be more of a accelerator for price to reach the next logical target, than to cause price to reverse or give new direction.
It seems, that the non farm today caused "two bladed sword" (My old saying of price action, where price spikes up and down over and under current range) to kill first short trades hitting sl's and then kill long trades by hitting sl's. That's a lot of liquidity to table and now it seems like the price will still continue following 4h map plan.
Time will tell, if the map I created yesterday for daily chart, will follow the plan
I know the secret...
- #621,266
- Sep 3, 2021 11:37am Sep 3, 2021 11:37am
- Joined Jan 2012 | Status: Always Decisive | 4,425 Posts
- #621,267
- Sep 3, 2021 11:39am Sep 3, 2021 11:39am
- Joined Jan 2012 | Status: Always Decisive | 4,425 Posts
End of scalping today, a swing sell has now been placed at 1.3870 instead of the awaited 1.3880 as price keeps struggling to attack there... I still see a big drop to 1.3300 this Month as far as 1.3980 doesn't break. I wait and see. {image}
- #621,269
- Sep 3, 2021 11:43am Sep 3, 2021 11:43am
- Joined Oct 2009 | Status: Trader | 5,639 Posts
{quote} Moty, I always wonderwhat is your meaning for MF? Is it rude?
Always trade your own plan...I don't provide trading signals.
- #621,271
- Sep 3, 2021 12:04pm Sep 3, 2021 12:04pm
- Joined Jan 2012 | Status: Always Decisive | 4,425 Posts
{quote} money flow...
Money flow
...
- #621,272
- Sep 3, 2021 12:05pm Sep 3, 2021 12:05pm
- Joined Aug 2010 | Status: Trader | 5,359 Posts
{quote} money flow...
dolce vita
- #621,273
- Sep 3, 2021 12:07pm Sep 3, 2021 12:07pm
- Joined Oct 2009 | Status: Trader | 5,639 Posts
{quote} Coreg, u are the best
Always trade your own plan...I don't provide trading signals.
- #621,276
- Sep 3, 2021 12:23pm Sep 3, 2021 12:23pm
- Joined Dec 2017 | Status: Trader | 30,688 Posts
yes yes yes
- #621,277
- Sep 3, 2021 12:25pm Sep 3, 2021 12:25pm
- Joined Aug 2018 | Status: Research Analyst | 4,290 Posts
Data + Stat + Risk/Emotions Management
- #621,278
- Sep 3, 2021 12:29pm Sep 3, 2021 12:29pm
- Joined Dec 2013 | Status: Trader | 19,815 Posts
{image}3854 SHORT 6 pip stop add at 3820 if ???!! Might long over the blue tl
- #621,279
- Sep 3, 2021 12:30pm Sep 3, 2021 12:30pm
- Joined Jul 2021 | Status: 2022 target achieved! | 1,036 Posts
{quote} money flow...
Daddy, Brother, Lover, Little Boy
- #621,280
- Sep 3, 2021 12:34pm Sep 3, 2021 12:34pm
- Joined Dec 2013 | Status: Trader | 19,815 Posts
