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Cable Update (GBPUSD)

  • #637,421
  • Nov 9, 2021 6:34am Nov 9, 2021 6:34am
Quoting Eren10
~1.3610 is the resistance. While I knew this, and saw it as a sell point still sold it very earlier and close it also just at the top This trading is not for me I think, I see it but I always make the wrong decision {image}
Navin gave you a good suggestion, I had same trouble back then but now I don't hesitate and I don't give big lot what I can't afford. If it lose no trouble it is part of the journey.
Try the simple and make it for you ~
  • #637,422
  • Nov 9, 2021 6:36am Nov 9, 2021 6:36am
Quoting nAVIN2007
{quote} Do u have a trading plan?..my guess is not TRust me..we all go through this Nothing wrong with u

I try to find the support and resistance points. Like selling of gold at 1827.75, found from M30 graph.

I had seen the resistance of GBPUSD resistance at ~1.3605 from m15 graph.

And trying to find the limits from higher time frames. During the day than I look also at M1 M5 graphs to see their support resistances.

But not a strict trading plan.

Actually I see that support resistances works quite well, but at the moment I enter it if it is against me most of the time.


Now I see that 1.3560 brokes, there is good support at 1.3540.

Maybe I should reduce the lot sizes to 0.1 but then I don't know If I can get average 100 pips a day which I need.
  • #637,423
  • Nov 9, 2021 6:36am Nov 9, 2021 6:36am
Quoting Pat Chiko
{quote} Noted Gatenio with thanks I kind of see where you are coming from this time around, and will leave it at that. The bounce zone at H4 OB ?. PAT {image}

GU

Add some scalping position.

Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #637,424
  • Nov 9, 2021 6:37am Nov 9, 2021 6:37am
Quoting dimitricss
{image}
im out
Attached Image (click to enlarge)
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Trade with prediction = witch with her visions lol
  • #637,425
  • Nov 9, 2021 6:39am Nov 9, 2021 6:39am
Quoting Pat Chiko
{quote} GU Add some scalping position. {image}
I see it is going to turn now, anyways you're the gainer!
Try the simple and make it for you ~
  • #637,426
  • Nov 9, 2021 6:42am Nov 9, 2021 6:42am
Quoting mysterio
currently long scalping {image} {image}
Hi
May I ask what are the bluish rectangles on footprint chart?
Air force
  • #637,427
  • Nov 9, 2021 6:43am Nov 9, 2021 6:43am
Quoting Eren10
{quote} I try to find the support and resistance points. Like selling of gold at 1827.75, found from M30 graph. I had seen the resistance of GBPUSD resistance at ~1.3605 from m15 graph. And trying to find the limits from higher time frames. During the day than I look also at M1 M5 graphs to see their support resistances. But not a strict trading plan. Actually I see that support resistances works quite well, but at the moment I enter it if it is against me most of the time. Now I see that 1.3560 brokes, there is good support at 1.3540. Maybe I should...
You must learn with a demo account and discover the best indicators, good luck!
  • #637,428
  • Nov 9, 2021 6:45am Nov 9, 2021 6:45am
1.3550 in play.
after news
above bullish. below bearish.
Attached Image
ITB - Seeing Orderliness amongst 'Randomness'
  • #637,429
  • Nov 9, 2021 6:48am Nov 9, 2021 6:48am
Quoting Eren10
{quote} I try to find the support and resistance points. Like selling of gold at 1827.75, found from M30 graph. I had seen the resistance of GBPUSD resistance at ~1.3605 from m15 graph. And trying to find the limits from higher time frames. During the day than I look also at M1 M5 graphs to see their support resistances. But not a strict trading plan. Actually I see that support resistances works quite well, but at the moment I enter it if it is against me most of the time. Now I see that 1.3560 brokes, there is good support at 1.3540. Maybe I should...

IMHO this is the problem
U have support and resistance mapped out on the chart..prices moves towards support (moves south) u buy going against the movement
Prices moves towards resistance (moves north) u sell going against the movement

do u see the problem..u are going counter..if u have to trade like this...u need to make damn sure your lines are as good as Pat (that's the problem) It is the same thing with trendlines, People wait for the lines to be touched then trade against the flow..

I do the opposite I trade to the lines (showing u my skills, I should charge ya) (just kidding haha)
  • #637,430
  • Nov 9, 2021 6:53am Nov 9, 2021 6:53am
Closed my original sell for some weird reason small lost, Reopen same sell recovered 22 pip gain.
Thinking price might start to push back up shortly.
Attached Image (click to enlarge)
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  • #637,431
  • Nov 9, 2021 6:53am Nov 9, 2021 6:53am
30 mins


Attached Image
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #637,432
  • Nov 9, 2021 6:54am Nov 9, 2021 6:54am
First cable trade of the day.
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  • #637,433
  • Nov 9, 2021 6:55am Nov 9, 2021 6:55am
Looking for a buy trade at the arrow mark

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  • #637,434
  • Nov 9, 2021 6:58am Nov 9, 2021 6:58am
any chance gbp will recover to 1.36 today.

P.S i am very new to trading
  • #637,435
  • Nov 9, 2021 6:59am Nov 9, 2021 6:59am
Quoting W0lfram
{quote} Hi May I ask what are the bluish rectangles on footprint chart?
entry levels i've marked out, imbalances on m1 chart, using m1-m5 imbalance fills for pinpoint entry, obv i'm still refining
  • #637,436
  • Nov 9, 2021 7:00am Nov 9, 2021 7:00am
Quoting Pat Chiko
30 mins {image}
12.00 Mr Bailey
  • #637,437
  • Nov 9, 2021 7:00am Nov 9, 2021 7:00am
Quoting Maximumheigh
{quote} Offloading some here @1.3568. Some still running. IMO
Offloading all my Short positions @1.3560. Looking to enter long again. The R @1.355x seems to be very strong. IMO
  • #637,438
  • Nov 9, 2021 7:02am Nov 9, 2021 7:02am
Quoting nAVIN2007
{quote} IMHO this is the problem U have support and resistance mapped out on the chart..prices moves towards support (moves south) u buy going against the movement Prices moves towards resistance (moves north) u sell going against the movement do u see the problem..u are going counter..if u have to trade like this...u need to make damn sure your lines are as good as Pat (that's the problem) It is the same thing with trendlines, People wait for the lines to be touched then trade against the flow.. I do the opposite I trade to the lines (showing u...


Yes true you saw it good.

Like on this graph 1M. I want to trade that point for a buy, and actually with 1 lot size it would give me enough profit. And in higher time frames selling or buying the limits.

But I should learn to go just with the flow.
Attached Image (click to enlarge)
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  • #637,439
  • Nov 9, 2021 7:04am Nov 9, 2021 7:04am
if look chart m30 h1 1.36050 its not target,i would beleive it would be 1.36200-300,but it didnt touch.i dont know why
  • #637,440
  • Nov 9, 2021 7:08am Nov 9, 2021 7:08am
Quoting Eren10
{quote} Yes true you saw it good. Like on this graph 1M. I want to trade that point for a buy, and actually with 1 lot size it would give me enough profit. And in higher time frames selling or buying the limits. But I should learn to go just with the flow. {image}

Also with the chart u posted..the lines do not give u a tradable edge with a narrow direction to trade, Do u see your chart with 2 extra lines help give u a direction to trade, minimising risk a bit more? Remember others need to see similar otherwise price will never get there

Hope this can help u

Quoting Eren10
{quote} But I should learn to go just with the flow. {image}

Quoting Eren10
{quote} But I should learn to go just with the flow. {image}
the basis behind trend trading is going with the flow
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