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Cable Update (GBP/USD) without Idiots 23 replies

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Cable Update (GBPUSD)

Quoting Waveskierrob
{quote} Nearly there, taken 6 months to claw it back

For most traders, it's hard to get back in the cockpit after getting slammed with an unexpected swing and absorbing more than we'd like in loss when our system has generated so much profit up to that point.
It's doesn't mean our system is flawed, cause all systems trend in the lag.

At the same time, we start to think we should play a safer market; but there really is no safer market than forex as long as we play it smart.

And confidently!

Go for it Waveskierrob
I come from the future.
Quoting Pat Chiko
{quote} Hi Bee, looking forward to next week. Anyway, have nice weekends to you and family. Take care and stay sway from positive people ( literally having Positive Covid-19) . PAT
You too bro! Time to unwind and enjoy the walking dead
expecting a drop to 3800 then rise back up to 3950 drop back to 3700 then rise up to 4200
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I NEVER LOSE/=I EITHER WIN OR LEARN
Quoting JackintheBox
{quote} hope you did not short on 1.27 today ...
1.27 fib expansion brother
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Quoting donfriday
expecting a drop to 3800 then rise back up to 3950 drop back to 3700 then rise up to 4200 {image}
3814 will be the lows for the days to come.

3800 is breakout level, so unlikely to me.

From next week, only bulls.
Intraday only.
30 pips drop
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Quoting donfriday
expecting a drop to 3800 then rise back up to 3950 drop back to 3700 then rise up to 4200 {image}
In recent time I am wrong more than I am right in GU.

I am expecting Gu will probably move up in Monday.
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Follow a system & a person not everything & everyone
Quoting JRissa
{quote} {image} 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. {image} Time will tell, if the map I created yesterday for daily chart, will follow the plan
Okay
So are you saying that is a prediction map cos I don't quite understand your chart...it seems like a future forecast right?
Quoting Jolita
{quote} My secret is by following pair moves. I don't draw, I visualise, contantly comparing all time frames, candles etc. By the time you finish drawing, market moves up or down, you need to adjust all over again. Have you seen Apple new design tech glasses? Will be out for release v. soon. This will be the future trading (love tech) This is what we need! {image}
Nice ...........
Quoting Jolita
My week was amazing too. Not quite as planned, but I had some good achievement. Profits made in 6 days - 90% My trades 100% winning. My findings: It"s possible Bigger capital = bigger profits Faster profits = bigger lots{image}
Amazing result, I can only achieve 78% so far, max is 85%. Most important is money management. Although i don't trade much on cable, and post chart here, but I learn from here for trading Gold. Most important is money management. I know of traders can have only 60% winning rate, but he is having huge profit on the 60%, and loos less for the 40%. end up still having great profit.

for one point you got it right, bigger capital, bigger profits, and faster profit with bigger lots.... When i started, so called guru taught to start with 1k, or 3k, and grow, but for newbie, will get wiped out fast, as dont see profit, or small profit, and when time goes by, will get tiring, as well as exhausted, and feel like busy for nothing. Only later stage, I start with big lot, and then grow fast, i can double my capital within 2 weeks, compare to before, will get wiped out in 2 weeks.... hahaha ..

cheers.
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Quoting Pat Chiko
{quote} GU SL 24,5 pips. Price to retest the Break out zone later ?. (1.38000) {image}
hello Pat.... you always amaze me with your trade.....
hope one day can visit your office, and learn from you. BTW, read through some posts before this, "ping pong" with some guy... hahahah, I'd rather concentrating on my trade, make more money, to support our life, and make extra to help others.

have a nice weekend. cheers.
Quoting Pat Chiko
{quote} GU Today, I almost blew my account. Went to sleep, ALGO taking over and move my SL to next S&R Level. {image} . . . . BUT, plan decided to recover the losses - Never surrender. Plan B {image}Not going to carry over the weekends.
Hahahaha...you sure have a sense of humour...I thought the account was really going to blow until I saw your equity . Stop scaring us man...traders like you don't blow!

Anyway, I love your trading style and scalping technique...I had a rough week, considering your plan B chart, I was anticipating a reversal but I really didn't know when to short so I don't add to the already losing trades.

Hope next week bring good tidings. Enjoy your weekend
Quoting hasib
{quote} In recent time I am wrong more than I am right in GU. I am expecting Gu will probably move up in Monday. {image}
Well, that makes us too. But we don't give up. The beauty of it all is, we keep learning everyday!
Quoting navk
{quote} 3814 will be the lows for the days to come. 3800 is breakout level, so unlikely to me. From next week, only bulls.


90% of my yrs trading round numbers i have seen market retest it with exact 00 or 05 above or below it..
here is what to expect from GU in weeks or month to come 3910 is a crucial level break above it mean so much the market need to dip to 3700 for correction
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I NEVER LOSE/=I EITHER WIN OR LEARN
Quoting navk
{quote} 3814 will be the lows for the days to come. 3800 is breakout level, so unlikely to me. From next week, only bulls.


when price broke 3700 what happened?

if you check your chart u will see 80-90% of 00 price get tested when they broke or even rejected..
they are very important
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I NEVER LOSE/=I EITHER WIN OR LEARN
Quoting hasib
{quote} In recent time I am wrong more than I am right in GU. I am expecting Gu will probably move up in Monday. {image}

monday or tuesday or wednesday i am 80% 3800 will come before 3950

dxy confirmed it we need more drop after a little rise that should help u to drop 50pips
I NEVER LOSE/=I EITHER WIN OR LEARN
Quoting donfriday
{quote} when price broke 3700 what happened? if you check your chart u will see 80-90% of 00 price get tested when they broke or even rejected.. they are very important {image}
in the days to come, 1.3800 / 3820 to 1.4000.

Stop 50 pips. ( 3750 )
Intraday only.
Quoting Thepiplady
{image} Very tempted to close this weeks buys, its reached the 161 of the NFP news fib here, although all my indicators are still saying long… and I feel I am married to some of these trades now potentially it could come down just 20 pips or so to complete the news fib back to 0 which I dont mind so much, but DAY 4 HOUR and 1 HOUR all telling me to stay in, and I continually tell myself to trust my indicators…. BTW the screen shot isnt my trading strategy its one I look to to see price action without...
Morning I have that same thoughts my emas I use are saying tray long .. but we are at weekly resistance area and we all know emas lag . I am in a short trade one of three now I hold .posted for those who are turkeying .!lol their trades .. I posted the prediction of a bear candle before it was formed and showed my entry numbers before they came about .. but that was all traded against my fore front trading mind telling me as you to stay long .. it could come back and go long .. but I trade by my rule of entry and it works .. yes you do get losers but when you get in on the right trade it wipes out the losers .. so let’s see what happens next week GL Regards E
Quoting gatenio
{quote} 1.27 fib expansion brother {image}
Morning good number that but 2450 is still on my mind as posted in charts some weeks ago. Price was just looking for the resistance to send it there . Maybe ????!!!! It’s found that yesterday.. but as ever playing as we see in . Regards E
Quoting elbert3
{quote} Morning good number that but 2450 is still on my mind as posted in charts some weeks ago. Price was just looking for the resistance to send it there . Maybe ????!!!! It’s found that yesterday.. but as ever playing as we see in . Regards E
not that good in long term view.
actually im not good with prediction at all, and i think this is madness to try.
You know how it goes. 2 sides 50% right or 50% wrong.

price could drop 300 pips in three days and most of the traders talk about 1.2X, vise versa if its up so they talk about 1.45/7.

both will happen, the timing is what im looking for.
For example, pat chiko doing that.
small movement, large money. The big question is, how and when do you almost sure you are on the right track? This what im trying to achieve in my trading skills.
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