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Cable Update (GBPUSD)

  • #631,741
  • Oct 18, 2021 4:30am Oct 18, 2021 4:30am
...london has only added 2pips to the asian pip range total, so far anyway.

1hr below.
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Trader with an Edge.
  • #631,742
  • Oct 18, 2021 4:33am Oct 18, 2021 4:33am
Quoting Jolita
{quote} Hi Pat, I don't quite understand your SL function. Surely will be hit prior your TP, why not move TP to this level and SL at BE or SL below current price? Thanks
SL set by ALGO set to 1.5X ATR normal days.
It will moved slightly as price approaches

Previous ATR reading is 14 4
Current ATR reading 16.8
Therefore the SL will be adjusted a bit to fit the Algo trade Management.

You can see this if i post my detail trade position which not included in my posting now.

My target remains only stop adjusable

PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #631,743
  • Oct 18, 2021 4:46am Oct 18, 2021 4:46am
1.37500 resistance. Let’s see how price behaves
  • #631,744
  • Oct 18, 2021 4:46am Oct 18, 2021 4:46am
Quoting Pat Chiko
{quote} SL set by ALGO set to 1.5X ATR normal days. It will moved slightly as price approaches Previous ATR reading is 14 4 Current ATR reading 16.8 Therefore the SL will be adjusted a bit to fit the Algo trade Management. You can see this if i post my detail trade position which not included in my posting now. My target remains only stop adjusable PAT
Thanks. I find it strange your SL is greater then your entry point.
Lets say I have a sell position at -
Sell 13750
TP 13700
Current price @13735
My SL at BE or adj below current price.

Your SL lets say 13720.
In this case 13720 will be trigered first and not 13700.

Or there is something I am not aware of and TP overrides SL?
  • #631,745
  • Oct 18, 2021 4:52am Oct 18, 2021 4:52am
Quoting LvMMT
{quote} SL touched ... God bless everyone!
2 x Longs ...

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Good luck everyone.

God bless everyone!

Edit:
SL touched..
The only impartial feeling is love. It is also the only feeling of God.
  • #631,746
  • Oct 18, 2021 5:09am Oct 18, 2021 5:09am
GU vs EG,DXY ping pong going on from the morning. Too confused if I need to sell or buy.
  • #631,747
  • Oct 18, 2021 5:13am Oct 18, 2021 5:13am
Quoting Pat Chiko
{quote} GU Moved stop Protect capital and posiion Lets the trade pan out New H4 candle to decide Stay with trade Either hit stop or reached TP Nothing is sure, just probability {image}

GU

Add one more scalp
Adjusted SL finding optimum level.
New position SL on tight range

Trade Mabagement phase only.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #631,748
  • Oct 18, 2021 5:14am Oct 18, 2021 5:14am
Follow the flow HL LL

If BMS 1.3700 breach. But if rejext. Buy again from BMS
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #631,749
  • Oct 18, 2021 5:22am Oct 18, 2021 5:22am
Last night I had a dream we spiked up and later we crushed down heavily. Woke up with lots of green pips. Looked at my account, Asia did sell. Risk off.
All very strange, gaining some magical powers, paranormal activities perhaps influenced from a series I watched - The Squid

My technical analysis done for this week
  • #631,750
  • Oct 18, 2021 5:32am Oct 18, 2021 5:32am
Quoting LvMMT
{quote} 2 x Longs ... {image} Good luck everyone. God bless everyone! Edit: SL touched..
2 x Long ...

God bless everyone!
The only impartial feeling is love. It is also the only feeling of God.
  • #631,751
  • Oct 18, 2021 5:33am Oct 18, 2021 5:33am
Quoting Pat Chiko
{quote} GU Add one more scalp Adjusted SL finding optimum level. New position SL on tight range Trade Mabagement phase only. {image}
This one is clear one. Nice trade.
  • #631,752
  • Oct 18, 2021 5:39am Oct 18, 2021 5:39am
Quoting Jolita
Last night I had a dream we spiked up and later we crushed down heavily. Woke up with lots of green pips. Looked at my account, Asia did sell. Risk off. All very strange, gaining some magical powers, paranormal activities perhaps influenced from a series I watched - The Squid My technical analysis done for this week
I have a dream the price crushed on monday to 1.36500 xD

And next two days we are already on 1.3400 area
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #631,753
  • Oct 18, 2021 5:42am Oct 18, 2021 5:42am
Quoting Jolita
{quote} This one is clear one. Nice trade.
New position SL and the old SL are not same.
It will afer 2 lower H1 candle formed

If not. It rely on ATR Algo set for SL
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #631,754
  • Oct 18, 2021 5:45am Oct 18, 2021 5:45am
I have shorted silver
  • #631,755
  • Oct 18, 2021 6:02am Oct 18, 2021 6:02am
Two long scalps running.
IMHO we are in an 5-3-5 corretion
Wave A 1.3717( 5waves)
Wave B in progress for around 1.3750 ( 3 Waves)
Wave C ( 5 waves) for 1.3680
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  • #631,756
  • Oct 18, 2021 6:22am Oct 18, 2021 6:22am
in long tp 3750 area, i hope
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  • #631,757
  • Oct 18, 2021 6:27am Oct 18, 2021 6:27am
Quoting kris89
{quote} I have a dream the price crushed on monday to 1.36500 xD And next two days we are already on 1.3400 area
Seventh sences in place.. you got some powers
  • #631,758
  • Oct 18, 2021 6:30am Oct 18, 2021 6:30am
Quoting Jolita
{quote} Seventh sences in place.. you got some powers
Too bad its just a dream xD

On reality we still dont know
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #631,759
  • Oct 18, 2021 6:32am Oct 18, 2021 6:32am
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  • #631,760
  • Oct 18, 2021 6:36am Oct 18, 2021 6:36am
Quoting thevisitor
Two long scalps running. IMHO we are in an 5-3-5 corretion Wave A 1.3717( 5waves) Wave B in progress for around 1.3750 ( 3 Waves) Wave C ( 5 waves) for 1.3680{image}
Hey visitor, I dunno the pattern but I expect to short from 1.3750 so this works for me

Thanks for sharing that, something to study
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