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Cable Update (GBPUSD)

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  • Post #640,181
  • Quote
  • Nov 18, 2021 12:24pm Nov 18, 2021 12:24pm
  •  Fredo219
  • | Joined Aug 2019 | Status: Member | 382 Posts
Please, i need trading books recommendations guys, I've read almost every book on trading, I'm bored.
Recommend books you think I've not read, thanks ❤
Patience.....
 
 
  • Post #640,182
  • Quote
  • Nov 18, 2021 12:29pm Nov 18, 2021 12:29pm
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 11,266 Posts
Quoting montygoldy
Disliked
{quote} In cable world anything possible
Ignored

I've traded Cable for long time.

Within the period of this year, Cable has been tremendously best pair to trade if one using just Price Action.

Looking at Price react to S&R zone as well to S&D zone, it has becoming easy pair to trade.

Unfortunately, it is not very friendly to any indicator based system, as price really moves normally doesn't correlate with Indicator.

Further, it is still the best pair to scalp compares to GOLD.

That's my take.


PAT
I come from the future.
1
5
  • Post #640,183
  • Quote
  • Nov 18, 2021 12:30pm Nov 18, 2021 12:30pm
  •  Jolita
  • Joined Jan 2012 | Status: Unlimited | 3,079 Posts
Quoting forex-wolf
Disliked
{quote} What is your camarilla pivot? Is this a daily pivot or an H4 pivot? {image} This is a pivot on H4. {image}
Ignored

Sorry, just got back from swimming.
Correction touched S1 and bounced of S2.

Ig markets has option to choose pivot by interval.
Now this is daily chart, daily interval.

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Options available and formulas
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1
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  • Post #640,184
  • Quote
  • Nov 18, 2021 12:33pm Nov 18, 2021 12:33pm
  •  Waveskierrob
  • Joined May 2020 | Status: Best trader ever to have lived 4.0 | 4,727 Posts
Quoting Ihlas
Disliked
Bla bla bla
Ignored
SHORT 1.3500 no tp no sl
Soon To Be Temporarily Suspended Again
 
3
  • Post #640,185
  • Quote
  • Nov 18, 2021 12:33pm Nov 18, 2021 12:33pm
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 11,266 Posts
Quoting Pat Chiko
Disliked
{quote} BLA BLA BLA 430 pips with 8,3 pips drawdown. lol {image}
Ignored

GU

Next is my stop. I will cashed out

Packing up my tools to enjoy the rest of the night.


Take care all.


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Need bigger wheel barrow to pack my things today.
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I come from the future.
1
11
  • Post #640,186
  • Quote
  • Nov 18, 2021 12:34pm Nov 18, 2021 12:34pm
  •  stjoeforex
  • | Joined Apr 2020 | Status: Member | 281 Posts
Quoting Fredo219
Disliked
Please, i need trading books recommendations guys, I've read almost every book on trading, I'm bored. Recommend books you think I've not read, thanks ❤
Ignored
I went from reading books to watching videos. All the books I have now are old... written in 2008-2010 period don't know if you are interested...
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What are you particularly interested in reading about or learning???
My Future is so Bright I gotta wear Shades! https://www.youtube.com/watch?v
 
2
  • Post #640,187
  • Quote
  • Nov 18, 2021 12:34pm Nov 18, 2021 12:34pm
  •  Moty
  • Joined Dec 2017 | Status: Member | 21,558 Posts
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4
  • Post #640,188
  • Quote
  • Nov 18, 2021 12:36pm Nov 18, 2021 12:36pm
  •  montygoldy
  • Joined May 2017 | Status: Intermediate Trader | 1,993 Posts
Come on baby one more spike up hit my tp 1.35100…..
Extreme gut feeling trader
MontyGoldy - Road to 100k Return This Week: na
 
1
  • Post #640,189
  • Quote
  • Nov 18, 2021 12:38pm Nov 18, 2021 12:38pm
  •  Bones
  • Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 22,532 Posts
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#doyourownanalysisordietryin
 
4
  • Post #640,190
  • Quote
  • Nov 18, 2021 12:42pm Nov 18, 2021 12:42pm
  •  mysterio
  • Joined Sep 2009 | Status: Member | 5,415 Posts
Quoting Bones
Disliked
{image}
Ignored
Agree, we are not done yet on the DXY, this is just a pullback, we will rally probably tomorrow, and GU will sink

H4 chart the most relevant
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1
  • Post #640,191
  • Quote
  • Nov 18, 2021 12:47pm Nov 18, 2021 12:47pm
  •  buddha-
  • | Joined Feb 2019 | Status: Member | 1,292 Posts
everything’s be alright now bbq time
 
1
  • Post #640,192
  • Quote
  • Nov 18, 2021 12:48pm Nov 18, 2021 12:48pm
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 11,266 Posts
Quoting Pat Chiko
Disliked
GOLD Long {image}
Ignored
GOLD -3rd Block today.


Cash out.

Stalling.

Here's the Price Action from Gold trade.

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I come from the future.
1
5
  • Post #640,193
  • Quote
  • Nov 18, 2021 12:53pm Nov 18, 2021 12:53pm
  •  Olabanji-Tex
  • | Joined Feb 2018 | Status: Member | 127 Posts
Quoting Moty
Disliked
{image}{image}
Ignored
Hello Moty,

Thanks for posting your views.

Please I have a question.

What type of pivot point are you using in your analysis?

Is it Floor, Woodie, Camarilla or Fibonacci?

Thank you.
1
 
  • Post #640,194
  • Quote
  • Nov 18, 2021 12:55pm Nov 18, 2021 12:55pm
  •  montygoldy
  • Joined May 2017 | Status: Intermediate Trader | 1,993 Posts
Quoting Pat Chiko
Disliked
{quote} I've traded Cable for long time. Within the period of this year, Cable has been tremendously best pair to trade if one using just Price Action. Looking at Price react to S&R zone as well to S&D zone, it has becoming easy pair to trade. Unfortunately, it is not very friendly to any indicator based system, as price really moves normally doesn't correlate with Indicator. Further, it is still the best pair to scalp compares to GOLD. That's my take. PAT
Ignored
My two cents as well… i trade from my phone…. Cable is the best
Extreme gut feeling trader
MontyGoldy - Road to 100k Return This Week: na
 
 
  • Post #640,195
  • Quote
  • Nov 18, 2021 12:56pm Nov 18, 2021 12:56pm
  •  Fredo219
  • | Joined Aug 2019 | Status: Member | 382 Posts
Quoting stjoeforex
Disliked
{quote} I went from reading books to watching videos. All the books I have now are old... written in 2008-2010 period don't know if you are interested... {image}What are you particularly interested in reading about or learning???
Ignored
Thanks, I'm interested in trading stories like "reminiscence of the stock operator", trading interviews, trading psychology and so on.
I'm not interested in trading strategies, just books that will make me a better trader.
Patience.....
 
1
  • Post #640,196
  • Quote
  • Nov 18, 2021 12:57pm Nov 18, 2021 12:57pm
  •  Olabanji-Tex
  • | Joined Feb 2018 | Status: Member | 127 Posts
Quoting Pat Chiko
Disliked
{quote} GOLD -3rd Block today. Cash out. Stalling. Here's the Price Action from Gold trade. {image}
Ignored
Hello Pat,

Congrats on your trade.

I can see that you are balling.

Please can you point me to the right direction on price action?

How can I learn about price action analysis?

Do I need to read a book or watch some videos about it?

Thanks.
 
1
  • Post #640,197
  • Quote
  • Nov 18, 2021 12:59pm Nov 18, 2021 12:59pm
  •  mysterio
  • Joined Sep 2009 | Status: Member | 5,415 Posts
Hello cable update team

I'm looking for an indicator to show the weekly range on tradingview (ideally) or mt4

can anyone help ?
 
1
  • Post #640,198
  • Quote
  • Nov 18, 2021 12:59pm Nov 18, 2021 12:59pm
  •  BeeTogether
  • Joined Oct 2020 | Status: Member | 5,873 Posts
Quoting Pat Chiko
Disliked
{quote} Hi Sohail. How are you today. Any match for BrentFord over the weekends ?. Wish you all the best with your club. Regards PAT
Ignored
hi Pat I’m good mate how you doing? Yeah we’re playing Newcastle this weekend. Hopefully a lot of injuries will start to subside and we can get a fuller squad out there.
 
2
  • Post #640,199
  • Quote
  • Nov 18, 2021 1:00pm Nov 18, 2021 1:00pm
  •  mysterio
  • Joined Sep 2009 | Status: Member | 5,415 Posts
Quoting Pat Chiko
Disliked
{quote} GOLD -3rd Block today. Cash out. Stalling. Here's the Price Action from Gold trade. {image}
Ignored
This is awesome PAT, your posts and analysis on price action are inspiring
 
3
  • Post #640,200
  • Quote
  • Nov 18, 2021 1:00pm Nov 18, 2021 1:00pm
  •  Waveskierrob
  • Joined May 2020 | Status: Best trader ever to have lived 4.0 | 4,727 Posts
Quoting montygoldy
Disliked
{quote} My two cents as well… i trade from my phone…. Cable is the best
Ignored
I only trade Cable so I can post on here, I prefer DJIA bigger movement for just a slightly bigger spread, but each to their own
Soon To Be Temporarily Suspended Again
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