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Cable Update (GBPUSD)

  • #630,841
  • Oct 14, 2021 4:34am Oct 14, 2021 4:34am
Quoting dimitricss
2000 {image}
That's a good amount of profit. You should be smiling to the bank.
  • #630,842
  • Oct 14, 2021 4:34am Oct 14, 2021 4:34am
Quoting Headland
{quote} Don't buy hi - buy lo, sell hi! (general statement .)
Great piece of advice.
Data + Stat + Risk/Emotions Management
  • #630,843
  • Oct 14, 2021 4:35am Oct 14, 2021 4:35am
my first 1.3723 and second 1.3724 sell limit trigered.. and active..

my 3rd still out there not trigered at 1.3725
Trade what you see, not what you think.. react and stay sharp..
  • #630,844
  • Oct 14, 2021 4:36am Oct 14, 2021 4:36am
Quoting LvMMT
{quote} One closed +20 in the pocket Gold long ... DOW still running {image} Good luck everyone. God bless everyone!
Closed all ...

Waiting...
The only impartial feeling is love. It is also the only feeling of God.
  • #630,845
  • Oct 14, 2021 4:37am Oct 14, 2021 4:37am
Quoting Eren10
I think this whole thing will go down when I enter long At 1.3720 could be a resistance, but it goes further easily, at this time. 1.38 is coming I guess
Please enter. Similar case that's why I'm observing
  • #630,846
  • Oct 14, 2021 4:37am Oct 14, 2021 4:37am
... 4hr below shows the prev sw hi x 2 zone on this t/f...the 3725 current dly/wkly hi probably just scraped bottom of the dly part of the prev 4hr/dly sw lo then hi zone to circa 3756, (prev sw hi to 3751.)

4hr below.
Attached Image (click to enlarge)
Click to Enlarge Name: a6aec6da9bc1dd9572da40dcf5c01820.png Size: 70 KB
Trader with an Edge.
  • #630,847
  • Oct 14, 2021 4:41am Oct 14, 2021 4:41am
Quoting miedpreneur
my first 1.3723 and second 1.3724 sell limit trigered.. and active.. my 3rd still out there not trigered at 1.3725
hope the trade plan goes well or else SL again haha
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #630,848
  • Oct 14, 2021 4:42am Oct 14, 2021 4:42am
Good news BUT big BUTT
Sync sync sync

1.37288 will decide everything
  • #630,849
  • Oct 14, 2021 4:45am Oct 14, 2021 4:45am
... small pullbacks all the way up so far today...price still within the 30day adr....maybe the bigger p/back will come outside of it @ potentially stronger potential res? Anything can happen.
Trader with an Edge.
  • #630,850
  • Oct 14, 2021 4:47am Oct 14, 2021 4:47am
Attached Image

I hope you will not be too upset if I tried to leave an analogy, which essentially made everything click for me.

Stoplights provide a means for regulating traffic flow on our roads.

Suppose that each time you run a red light, you are caught and ticketed. (stop loss)

At this specific point in time, you are approaching a stop-light and it is green.
What would you do?
Would you not go; proceed in the prevailing direction, until it changes?
Or would you stop because you are overly concerned that it is suddenly going to just switch on you in the blink of an eye?
How then would you ever make it to your destination?

What if we are already at a red light, which is telling us to stop.
Are you going to just go, thinking that the stop-light will simply change colour because we think it should; because we want it to?

Because we have deemed it to be "red for too long?"
By imposing our own expectations on the stop-light, we will be wrong more often than not, and end up running the stop-light, getting us some hefty fines.

Why can't we simply just do as the stop-light dictates?

Remember that the stoplights also have an intermediate yellow light.

Usually this tells us that we should be wary of a change.

Trade well and watch the traffic light 1.3750.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #630,851
  • Oct 14, 2021 4:47am Oct 14, 2021 4:47am
Quoting mlami
{quote} Please enter. Similar case that's why I'm observing

I found the resistance because it passed a little above that resistance +3 pips just, I reasoned for long and decrease already came


USDCHF found some support.
  • #630,852
  • Oct 14, 2021 4:47am Oct 14, 2021 4:47am
doing demo

i am shorting GJ from 2018 high to 2018 low
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY_2021-10-14_09-46-48.png Size: 89 KB
MY OPINION NOT FINANCIAL ADVISE
  • #630,853
  • Oct 14, 2021 4:51am Oct 14, 2021 4:51am
if you are Dragon lover

do you home work and relax

there will be plenty of smile soon
MY OPINION NOT FINANCIAL ADVISE
  • #630,854
  • Oct 14, 2021 4:52am Oct 14, 2021 4:52am
Quoting kris89
{quote} hope the trade plan goes well or else SL again haha
haha.. yes.. i hope TP hit this time not SL
Trade what you see, not what you think.. react and stay sharp..
  • #630,855
  • Oct 14, 2021 4:53am Oct 14, 2021 4:53am
Quoting Pat Chiko
{image} I hope you will not be too upset if I tried to leave an analogy, which essentially made everything click for me. Stoplights provide a means for regulating traffic flow on our roads. Suppose that each time you run a red light, you are caught and ticketed. (stop loss) At this specific point in time, you are approaching a stop-light and it is green. What would you do? Would you not go; proceed in the prevailing direction, until it changes? Or would you stop because you are overly concerned that it is suddenly going to just switch on you in...
I understand the sentiment. But more often than not, I don't know what color the light is until I've been fined.
  • #630,856
  • Oct 14, 2021 4:55am Oct 14, 2021 4:55am
Quoting miedpreneur
{quote} haha.. yes.. i hope TP hit this time not SL
my spidey sense the outrage move will come , just be patient and hold on above surfing peak , green pip will come , with low risky 20 pip worth the reward
2 Position Sell Left for these trade @1.37200 @1.37100 SL 1.37400 TP open Free / until its showing no mercy to breach upper again will manually close
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #630,857
  • Oct 14, 2021 4:59am Oct 14, 2021 4:59am
Bulls are taking strength, Volume Push Up
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 25 KB
  • #630,858
  • Oct 14, 2021 5:01am Oct 14, 2021 5:01am
Quoting Bulu-Bulu
{quote} I understand the sentiment. But more often than not, I don't know what color the light is until I've been fined.
It is like finding balance zone.
We're now in imbalance zone

Price will find the nearest supply or demand zone (balance area) to start the process again

In between we can see price moves in small fractal (up down) to get more seller to fill their buy order.

We now got two solid days of momentum candle.
You dont want to stand in front of those candle.
Let it go to the next liquid zone aka the hill aka balance area aka supply zone.

Now the light is green to the upside.

Trade well and safely
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #630,859
  • Oct 14, 2021 5:02am Oct 14, 2021 5:02am
Quoting Theoak
Target of 1.3725, but waiting for retrace to enter... possible retrace of 1.3690, but waiting to see market reaction. Or may go straight to target.
Now target is hit. Tempted to short, but golden rule don't go against the flow
Don't trade what you think. Just what you see!!!
  • #630,860
  • Oct 14, 2021 5:04am Oct 14, 2021 5:04am
No worries, she will come down

https://think.ing.com/articles/uk-ra...arkets-expect/
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