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Cable Update (GBPUSD)

  • #643,061
  • Dec 4, 2021 8:01am Dec 4, 2021 8:01am
Quoting gatenio
{quote} The best thing in the word is to put a trade and go to sleep, this is how you avoid Fomo and exit soon of a trade. As an intraday trader i suffer from the FOMO a lot.. still working on it.
You are on the right path.
Agreed, fundamentals and media nonsence can easily change your mind.
I was bearish on Friday, then swiched to bullish side, I thought GU is oversold and temporary need adjustment before further drop.
Didn't happen, bullish flag was broken to downside, was a sign bearish trade continues. Should have kept my shorts.
BOE is keep playing with us, I thought they will drop something unexpected. Interest rates will be revised again on Monday, the 6th. Saunders speach was neutral, not much to expect.
Carried my small long positions to Monday.
  • #643,062
  • Dec 4, 2021 8:06am Dec 4, 2021 8:06am
Quoting Jolita
{quote} PAT stands for Price Action Trader. No doubt he knows market moves inside out, he is so good, he can even trade when he is a sleep. I should follow he's trades, then I can say at least I've tried. {image}
  • #643,063
  • Dec 4, 2021 8:27am Dec 4, 2021 8:27am
Quoting Jolita
{quote} You are on the right path. Agreed, fundamentals and media nonsence can easily change your mind. I was bearish on Friday, then swiched to bullish side, I thought GU is oversold and temporary need adjustment before further drop. Didn't happen, bullish flag was broken to downside, was a sign bearish trade continues. Should have kept my shorts. BOE is keep playing with us, I thought they will drop something unexpected. Interest rates will be revised again on Monday, the 6th. Saunders speach was neutral, not much to expect. Carried my small long...
I think the long position will be good for a while.
m30-h1.
the exchange rate bounced off the trend channel.
but for safety, keep an eye on the bottom of the channel if you might try to break through again.
  • #643,064
  • Dec 4, 2021 8:35am Dec 4, 2021 8:35am
Quoting teatime
{quote} {image}For a trade it is better to wait for a confirmation first and dont forget the stop loss, better take -50 than blow your account, best regards
Hi teatime,

I had also spotted this. It has parked for the W/E in an area of high confluence, see my H4 Chart. I will the shorting at market open with a stop above 1.8960.
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  • #643,065
  • Dec 4, 2021 8:39am Dec 4, 2021 8:39am
Quoting mysterio
{quote} That strategy never worked for me intraday on GU Let's say price approaches a level and price action appears to confirm a trade setup late NY/early Asia. You can almost guarantee London will come for the low or high made to crush the stop losses before continuing back the way it's supposed to. You could almost trade this idea as a stand alone strategy The FOMO thing..yup it's real. I had to come up with a pretty complex checklist that covers everything, strength of zone, volumes, PA everything and stick to it rigidly If you stare at the...
This is exactly what i do, i marking the HTF critical level (weekly-4h) and look for the LTF (1h-30m) for the structure and the will of the price, sometimes im join the lower tf trend to the next OB or waiting for the OB.
but this is easy thing to do with PA like the last weeks, we have a trendy market almost on every pair.

when it rangy on a big range its not that easy.
  • #643,066
  • Dec 4, 2021 8:48am Dec 4, 2021 8:48am
Quoting Jolita
{quote} PAT stands for Price Action Trader. No doubt he knows market moves inside out, he is so good, he can even trade when he is a sleep. I should follow he's trades, then I can say at least I've tried. {image}
Hahah is that true PAT meant that. I thought its his name.
PAT is a legend no doubt. Great person as well.
  • #643,067
  • Dec 4, 2021 8:50am Dec 4, 2021 8:50am
Quoting Wavegarrick
{quote} Thought I would help Pat on this one because I am sure he is tired of posting the same thing over and over again. Save it to your desktop or something. Cheers. {image}
Thank you brother
  • #643,068
  • Dec 4, 2021 9:05am Dec 4, 2021 9:05am
Quoting tiborf71
{quote} I think the long position will be good for a while. m30-h1. the exchange rate bounced off the trend channel. but for safety, keep an eye on the bottom of the channel if you might try to break through again.
Yehh, on it
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  • #643,069
  • Dec 4, 2021 9:08am Dec 4, 2021 9:08am
Quoting TrickorTrade
{quote} Hahah is that true PAT meant that. I thought its his name. PAT is a legend no doubt. Great person as well.
only kidding, I took this from he's logo on chart.
PAT reveal your name
  • #643,070
  • Dec 4, 2021 9:25am Dec 4, 2021 9:25am
Quoting Jolita
{quote} only kidding, I took this from he's logo on chart. PAT reveal your name
Wow i was convinced
You have to have an IQ higher than 90 to interact with this user.
  • #643,071
  • Dec 4, 2021 10:12am Dec 4, 2021 10:12am
Quoting Nordling00
{quote} Wow i was convinced
For some reason your profile name reminds me of viking country - Sweden. They have many medieval castles still standing, not sure why I have these memories...
  • #643,072
  • Dec 4, 2021 10:36am Dec 4, 2021 10:36am
Quoting Jolita
{quote} For some reason your profile name reminds me of viking country - Sweden. They have many medieval castles still standing, not sure why I have these memories...
Haha actually yeah it is kinda related with Scandinavia.

In my favourite video game, Witcher 3, people that lived in the northern parts (Skellige) were called nordlings. They were pictured as Scandinavian kinda people. I am also from the northern part of Turkey, Black Sea coast. That's why i call myself a nordling
You have to have an IQ higher than 90 to interact with this user.
  • #643,073
  • Dec 4, 2021 10:53am Dec 4, 2021 10:53am
Quoting Nordling00
{quote} Haha actually yeah it is kinda related with Scandinavia. In my favourite video game, Witcher 3, people that lived in the northern parts (Skellige) were called nordlings. They were pictured as Scandinavian kinda people. I am also from the northern part of Turkey, Black Sea coast. That's why i call myself a nordling
why dont you move to Sweden or Germany?
  • #643,074
  • Dec 4, 2021 11:14am Dec 4, 2021 11:14am
Quoting genadi
{quote} why dont you move to Sweden or Germany?
If it was that easy, i would But unfortunately it's not. In order to move to those countries you need to be very qualified. I am talking about study in the top universities and become a doctor, engineer with at least 5 years of experience. That's rare If you are not that qualified, they reject your applications.

Or you need to marry
You have to have an IQ higher than 90 to interact with this user.
  • #643,075
  • Dec 4, 2021 11:42am Dec 4, 2021 11:42am
[quote=Nordling00;13811938]{quote} Haha, eigentlich hat es etwas mit Skandinavien zu tun. In meinem Lieblingsvideospiel, Witcher 3, wurden die Leute, die in den nördlichen Teilen (Skellige) lebten, Nordlinge genannt. Sie wurden als skandinavisches Volk dargestellt. Ich komme auch aus dem nördlichen Teil der Türkei, der Schwarzmeerküste. Deshalb habe ich mich nennen Nordling [/ quote]
Inserted Video
don´t follow me,you will loose your moneyy
  • #643,076
  • Dec 4, 2021 11:45am Dec 4, 2021 11:45am
[quote=teatime;13811964]
Quoting Nordling00
{quote} Haha, eigentlich hat es etwas mit Skandinavien zu tun. In meinem Lieblingsvideospiel, Witcher 3, wurden die Leute, die in den nördlichen Teilen (Skellige) lebten, Nordlinge genannt. Sie wurden als skandinavisches Volk dargestellt. Ich komme auch aus dem nördlichen Teil der Türkei, der Schwarzmeerküste. Deshalb habe ich mich nennen Nordling [/ quote] https://www.youtube.com/watch?v=oI8SZqNIMxk


you are genius!
  • #643,077
  • Dec 4, 2021 11:48am Dec 4, 2021 11:48am
[quote=genadi;13811965]
Quoting teatime
{quote} du bist ein Genie!
I don't sing it myself, I let them sing
don´t follow me,you will loose your moneyy
  • #643,078
  • Dec 4, 2021 11:50am Dec 4, 2021 11:50am
[quote=teatime;13811966]
Quoting genadi
{quote} I don't sing it myself, I let them sing
  • #643,079
  • Dec 4, 2021 2:56pm Dec 4, 2021 2:56pm
Quoting Jolita
{quote} PAT stands for Price Action Trader. No doubt he knows market moves inside out, he is so good, he can even trade when he is a sleep. I should follow he's trades, then I can say at least I've tried. {image}


Reality is I'm a very lazy trader.

I always took short cut and look forward for weekends.

BTW, just came back from fishing trip (overnight) at sea.

The journey
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The plan of catch size
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The Actual catch valueless.
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But the time spent is priceless
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How's your weekend getting along Jolita ?

Hope everyone having good weekends.

Cheers

PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #643,080
  • Dec 4, 2021 3:32pm Dec 4, 2021 3:32pm
Quoting Pat Chiko
GU For next week. looking at this zone to short. This week , done deal. {image}
sorry for asking it so late,
but why this zone is important? and how did you get this zone? what it represents?
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