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Cable Update (GBPUSD)

  • #639,801
  • Nov 17, 2021 10:25am Nov 17, 2021 10:25am
Quoting Pat Chiko
{quote} Lol. I don't control it. I'm just participant , seeing a good set up and trying to capitilise it. End result, is on the market force, it may turn against me which, I will accept it with my limit order ( SL) below the open price. It doesn't mean my setup is superior than yours, or vice versa because I believe we can never enter the market with a preconceived idea that we know what is going to happen. Our judgment will be clouded, we will be defensive of this mindset; we’ll tend to fight the market trying to prove we’re right. That's why,...

you should write a book...u will sell
MY OPINION NOT FINANCIAL ADVISE
  • #639,802
  • Nov 17, 2021 10:27am Nov 17, 2021 10:27am
Quoting bilal1947
Long GU {image}
Added long position
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"Exchange of hands"
  • #639,803
  • Nov 17, 2021 10:28am Nov 17, 2021 10:28am
Quoting Pat Chiko
{quote} Lol. I don't control it. I'm just participant , seeing a good set up and trying to capitilise it. End result, is on the market force, it may turn against me which, I will accept it with my limit order ( SL) below the open price. It doesn't mean my setup is superior than yours, or vice versa because I believe we can never enter the market with a preconceived idea that we know what is going to happen. Our judgment will be clouded, we will be defensive of this mindset; we’ll tend to fight the market trying to prove we’re right. That's why,...
i partially disagree Mr Pat,what if i said go LONG anytym S.L of 1.33468.T.P of 1.3700..try it with a minimal LOT size and watch it unfold,never mind the news..
dont always go with the crowd, be exceptional
  • #639,804
  • Nov 17, 2021 10:29am Nov 17, 2021 10:29am
Quoting Moty
Keep trying crooky mf {image}
Where are your sells?
  • #639,805
  • Nov 17, 2021 10:35am Nov 17, 2021 10:35am
Quoting donfriday
{quote} you should write a book...u will sell

Id buy
  • #639,806
  • Nov 17, 2021 10:36am Nov 17, 2021 10:36am
Quoting LvMMT
{quote} Relative Useless Index... in your platform MT4 ... I use MT4 I DO NOT TRADE ACCORDING TO RUI... It can inspire me ... just that ... God bless you PatienceFx and God bless everyone!
i agree RUI is really useless
  • #639,807
  • Nov 17, 2021 10:36am Nov 17, 2021 10:36am
Bloody GU is pissing me off...what the hell are we doing up here..LOL
  • #639,808
  • Nov 17, 2021 10:39am Nov 17, 2021 10:39am
Quoting nAVIN2007
Bloody GU is pissing me off...what the hell are we doing up here..LOL
We're still in a pullback/correction from the last swing down

only 50% currently, could hit the 61.8% around 1.35103 which coincides with strong supply area

1.3510-30 area to watch
  • #639,809
  • Nov 17, 2021 10:40am Nov 17, 2021 10:40am
Quoting mysterio
{quote} We're still in a pullback/correction from the last swing down only 50% currently, could hit the 61.8% around 1.35103 which coincides with strong supply area 1.3510-30 area to watch

hope it does not get there
  • #639,810
  • Nov 17, 2021 10:41am Nov 17, 2021 10:41am
Quoting EngrTetle
{quote} i partially disagree Mr Pat,what if i said go LONG anytym S.L of 1.33468.T.P of 1.3700..try it with a minimal LOT size and watch it unfold,never mind the news..

Let me show you how I trade.

The rule is simple.

MAKE MORE LOOSE SMALL

Current GU trade live. Look at GU live chart now.

This is my trades today. I loose some, but I win more. That's how you play the game coz you cannot win all.

Get your set up right. Then enter the trade. You may win or you loose. Market will decide it for you, you cannot control it.


Here's my chart for today and the result at this point ( more to come on current trade.)


Attached Image (click to enlarge)
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Attached Image (click to enlarge)
Click to Enlarge Name: winning.jpg Size: 87 KB


Now calculate , Winning minus losses. You get the idea.

Don't afraid to take losses.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #639,811
  • Nov 17, 2021 10:47am Nov 17, 2021 10:47am
Quoting W0lfram
{quote} I have never traded this pair before. Broker says there is no trading for TRY pairs, just to see the price o_O Can you trade it?
Available on IG. Nice moves
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Etoro
Only Usd/Try
  • #639,812
  • Nov 17, 2021 10:48am Nov 17, 2021 10:48am
Quoting nAVIN2007
{quote} hope it does not get there
it is likely to get there unfortunately

i'm out of all positions

think I secured about 20 pips only
  • #639,813
  • Edited 11:15am Nov 17, 2021 10:52am | Edited 11:15am
Quoting genadi
{quote} I must apologize. H4 and Daily chats are showing bullish signals. But i was looking at lower time frames and i see this: {image} on M15 i see the sell signal, after highs (liquidity) was taken {image} this is how i see it. sorry for disturbing your trading.
Both of my trades today took exatly identical set up.

One failed ( London Trades)

One pull out very well ( NY Trades)

Same set up, different result. My set up is 100% Guarantee worked all the time. ( But , the result may differ WIN OR LOSS)
We just don't control the market, we are just passenger. If it failed accept it, don't fight until you got margin call.

Take the loss, drink more coffee. Come back and find another set up with Stop Loss.

Attached Image (click to enlarge)
Click to Enlarge Name: gu 352.jpg Size: 136 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #639,814
  • Nov 17, 2021 10:52am Nov 17, 2021 10:52am
Quoting Pat Chiko
{quote} Let me show you how I trade. The rule is simple. MAKE MORE LOOSE SMALL Current GU trade live. Look at GU live chart now. This is my trades today. I loose some, but I win more. That's how you play the game coz you cannot win all. Get your set up right. Then enter the trade. You may win or you loose. Market will decide it for you, you cannot control it. Here's my chart for today and the result at this point ( more to come on current trade.) {image}{image} {image} Now calculate , Winning minus losses. You get the idea. Don't afraid to take...
cool winnings,u got some funds to throw around...nice idea though but my style of trading lets my trade run for weeks even and like 95%.it always hits the T.P
dont always go with the crowd, be exceptional
  • #639,815
  • Nov 17, 2021 10:53am Nov 17, 2021 10:53am
Quoting mysterio
{quote} it is likely to get there unfortunately i'm out of all positions think I secured about 20 pips only
Got to damn kidney stone so I'm trying not to trade or add positions as I'm definitely impaired

Not looking good..GU is very stubborn when it's value is reduced..not falling like EU
  • #639,816
  • Nov 17, 2021 10:54am Nov 17, 2021 10:54am
Quoting Pat Chiko
{quote} Let me show you how I trade. The rule is simple. MAKE MORE LOOSE SMALL Current GU trade live. Look at GU live chart now. This is my trades today. I loose some, but I win more. That's how you play the game coz you cannot win all. Get your set up right. Then enter the trade. You may win or you loose. Market will decide it for you, you cannot control it. Here's my chart for today and the result at this point ( more to come on current trade.) {image}{image} {image} Now calculate , Winning minus losses. You get the idea. Don't be afraid...
[/i][/u][/b]

Pat, the end of your statement is what my problem is... After losing so much money over the years & my wife laughing at me & the thought of me doing this full time is what has made me change from being a long time term trader to scalping. Now I'm actually making money! I also have to learn to trust my trading system with the indiactors. But I still jump out too early sometimes (like today) when I misjudge on when I should trust my trading plan or my eyes/gut... The issue is I'm too emotional a person at times... I wonder how Mr. Spock would do if he traded Forex??? (Yes I am a trekkie as well as a Skywalker)
My Future is so Bright I gotta wear Shades! https://www.youtube.com/watch?v
  • #639,817
  • Nov 17, 2021 10:55am Nov 17, 2021 10:55am
Quoting Jolita
{quote} Available on IG. Nice moves {image} Etoro Only Usd/Try
Not that nice when you are actually living in that country
You have to have an IQ higher than 90 to interact with this user.
  • #639,818
  • Nov 17, 2021 10:56am Nov 17, 2021 10:56am
Quoting Pat Chiko
{quote} Here's the chart. {image} Taking small risk with this set up. I Focus on the set up. Win on losse is the out come, that I cannot CONTROL OK Now is your turn. Show me how the price is screaming. ? I would like to see your screaming set up. Thank you

GU

Target.

Attached Image (click to enlarge)
Click to Enlarge Name: gu 353.jpg Size: 125 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #639,819
  • Nov 17, 2021 10:59am Nov 17, 2021 10:59am
Quoting Pat Chiko
{quote} Both of my trades today took exatly identical set up. One failed ( London Trades) One pull out very well ( NY Trades) Same set up, different result. My set up is 100% Guarantee worked all the time. We just don't control the market, we are just passenger. If it failed accept it, don't fight until you got margin call. Take the loss, drink more coffee. Come back and find another set up with Stop Loss. {image}
  • #639,820
  • Nov 17, 2021 11:05am Nov 17, 2021 11:05am
If any interested in Baba trades for tomorrow, expect nice moves.
Etoro market update -
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