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Cable Update (GBPUSD)

  • #642,661
  • Dec 2, 2021 2:52am Dec 2, 2021 2:52am
selling again
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 30 KB
  • #642,662
  • Dec 2, 2021 2:53am Dec 2, 2021 2:53am
SHORT 1.3297 no tp no sl lots of
  • #642,663
  • Dec 2, 2021 2:54am Dec 2, 2021 2:54am
Quoting Pat Chiko
{quote} Come join me. Lets get this engine warm up. You're cold there. Is it around minus 12 degree Celsius ? in London... Warm and sunshine in /kuala Lumpur around 23 to 25 degree C.
Sunny Day in Nigeria
Price action, my best indicator.
  • #642,664
  • Dec 2, 2021 2:56am Dec 2, 2021 2:56am
13300 hit looking for a quick drop I think 13250 is a testing zone for today
Insane in the Brain..
  • #642,665
  • Dec 2, 2021 3:03am Dec 2, 2021 3:03am
Quoting Abrahamlinc
{quote} Sunny Day in Nigeria
You're lucky man.

Born in one of the richest country on this planet with high reserve of GOLD.

You must be very rich guy ?.

I'm sure you have few gold mining operation there.

Wish you the best
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #642,666
  • Dec 2, 2021 3:04am Dec 2, 2021 3:04am
I can tell you M15 long trend from this morning i was long from 1.32800 its for long time usually.Not for 1h
  • #642,667
  • Dec 2, 2021 3:05am Dec 2, 2021 3:05am
Quoting Pat Chiko
{quote} GU And........... add one more position , keeping the the price from dropping. {image}
GU

This my lucky trade today.

Hope it will continue rising and pick up the liquidity pool.

And seller is waiting to cash out then.


Attached Image (click to enlarge)
Click to Enlarge Name: gu 039.jpg Size: 262 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #642,668
  • Dec 2, 2021 3:16am Dec 2, 2021 3:16am
The short not working yet… do I take hit and try again or just stick with it. Heart over mind time. Mind saying stick with it as 13250 not fully tested since the big drop and also the 13330 area been bashed more than a bishop recently with no real result
Insane in the Brain..
  • #642,669
  • Dec 2, 2021 3:18am Dec 2, 2021 3:18am
Quoting Pat Chiko
{quote} GU This my lucky trade today. Hope it will continue rising and pick up the liquidity pool. And seller is waiting to cash out then. {image}
once hit we could be on way to below 13250
Insane in the Brain..
  • #642,670
  • Dec 2, 2021 3:18am Dec 2, 2021 3:18am
Quoting Pat Chiko
{quote} GU London Open never failed to surprise us. My take on manipulation on liquidity grab. {image}
Morning Pat
Great call on the GU direction at LO as usual!!! Here is a newbie question for you : why the big boys did not continue towards last night’s target 1.3220? What is their thinking process while engineering the move up towards 1.3340 this morning? There is liquidity at 1.3220 and there is liquidity at 1.3340. Why did they not continue to go lower? My personal judgment for the direction usually is based on M5 chart, which gives me a good entry with a small risk, for example I would have waited at least for the first 15 Minutes after LO and then see what M5 shows, but I see that you sensed the LO bounce and the direction long before the event. Obviously this is something that you can not learn in any books. It comes with experience. Thanks for all your sharing with the thread!!
Did you place your stop loss order? Why not?!? Story of my life...
  • #642,671
  • Dec 2, 2021 3:19am Dec 2, 2021 3:19am
Quoting coyoteuglyxxx
{quote} Morning Pat Great call on the GU direction at LO as usual!!! Here is a newbie question for you : why the big boys did not continue towards last night’s target 1.3220? What is their thinking process while engineering the move up towards 1.3340 this morning? There is liquidity at 1.3220 and there is liquidity at 1.3340. Why did they not continue to go lower? My personal judgment for the direction usually is based on M5 chart, which gives me a good entry with a small risk, for example I would have waited at least for the first 15 Minutes after...

Was lucky call I guess
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #642,672
  • Dec 2, 2021 3:20am Dec 2, 2021 3:20am
Quoting Pat Chiko
{quote} GU This my lucky trade today. Hope it will continue rising and pick up the liquidity pool. And seller is waiting to cash out then. {image}

GU

TRADE MANAGEMENT

Take out some trades @ BSZ

Let other run and move to Positive Stop to protect Capital.

Attached Image (click to enlarge)
Click to Enlarge Name: gu 040.jpg Size: 260 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #642,673
  • Dec 2, 2021 3:21am Dec 2, 2021 3:21am
Quoting Pat Chiko
{quote} Was lucky call I guess
No logic whatsoever?
Did you place your stop loss order? Why not?!? Story of my life...
  • #642,674
  • Dec 2, 2021 3:26am Dec 2, 2021 3:26am
Quoting Pat Chiko
{quote} GU Asia Scalping Trade. {image}
how did you managed this trade?
  • #642,675
  • Dec 2, 2021 3:31am Dec 2, 2021 3:31am
Quoting coyoteuglyxxx
{quote} No logic whatsoever?


Lol

Hi coyoteuglyxxx,

If you follow my posting, similar pattern in posting form I practice everyday.

All my posting is/are tagged to the earlier post.

It run in series,. For today, it all started at Tokyo session ( post link below)
Started as Short scalp and then I switched to LONG scalp.
All the with well marked up chart.

Hope everyone will enjoy it and see some benefit from it.

This is today first set up series posting ( it's is a living forex trading books)

Tokyo Scalping





Regards

PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #642,676
  • Dec 2, 2021 3:36am Dec 2, 2021 3:36am
Quoting Pat Chiko
{quote} Lol Hi coyoteuglyxxx, If you follow my posting, similar pattern in posting form I practice everyday. All my posting is/are tagged to the earlier post. It run in series,. For today, it all started at Tokyo session ( post link below) Started as Short scalp and then I switched to LONG scalp. All the with well marked up chart. Hope everyone will enjoy it and see some benefit from it. This is today first set up series posting ( it's is a living forex trading books) Tokyo Scalping...
Thanks
Did you place your stop loss order? Why not?!? Story of my life...
  • #642,677
  • Dec 2, 2021 3:37am Dec 2, 2021 3:37am
Quoting genadi
{quote} how did you managed this trade?

Not sure of your question. One of these maybe the answer.

Using click of button from my Notebook

or

Using Chart pattern with S&R.

or

Managing Risk Management
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #642,678
  • Dec 2, 2021 3:40am Dec 2, 2021 3:40am
Quoting Pat Chiko
{quote} GU TRADE MANAGEMENT Take out some trades @ BSZ Let other run and move to Positive Stop to protect Capital. {image}

GU

TRADE MANAGEMENT

Micro manage

Chart, seldom use lower than M30, but for clarity I use M15 to show how one can optimise the trade mnagement.

Where to take out some and where to add, where to move STOP et cetera.

All in the chart. I prefer NAKED.

Attached Image (click to enlarge)
Click to Enlarge Name: gu 041.jpg Size: 255 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #642,679
  • Dec 2, 2021 3:45am Dec 2, 2021 3:45am
It’s moving up nicely, maybe we could see 1.336 today if we lucky or it’s just up and down between liquidity pools 1.327 – 1.334 till NFP or even till next week. It could also drop to 1.325 to find even more liquidity to support the upward move for the next week. Anything is possible, we can only try to buy low and sell high at liquidity pools and not to forget to take profit like I did on Tuesday and from 70 pips profit went down to BE. Anyways, it seems that London bankers bought this morning, hopefully it will go up till NY.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 92 KB
  • #642,680
  • Dec 2, 2021 3:45am Dec 2, 2021 3:45am
chance to reach 3317
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