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Cable Update (GBPUSD)

  • #648,781
  • Jan 19, 2022 8:25am Jan 19, 2022 8:25am
Quoting Georginson
{quote} Yes mate... 89% of Traders lose money trading forex while 11% make the whole money. You can be part of the 11% actually, so do not give up. Here are tips that may help you: ✓ Find a very experienced mentor but don't follow blindly ✓ avoid over trading and wait for overbought or oversold conditions on 4 hours, Daily, Weekly and monthly time frames; ✓ ensure your money management plan is intact... Do not risk more than 5% percent of your capital/equity on a trade; ✓ ensure you split your entries and avoid tight...
Yes, better losing slowly than all at once
POSTMASTER
  • #648,782
  • Jan 19, 2022 8:49am Jan 19, 2022 8:49am
Quoting letsride
{quote} I did forget to add here, the relaxation of 'Plan B' measures may add some fuel although I suspect this is very much priced in already. I would imagine PMQs in 35 minutes will provide fireworks.
Still holding at 36000 from last night. Bailey is talking if you are unaware. He seems to be acutely aware and sympathetic to the cost of living crisis, although poorly emphasised it wouldn't affect the way he would vote. Very hawkish Bailey. Let's see 36700.

LR
  • #648,783
  • Jan 19, 2022 8:54am Jan 19, 2022 8:54am
Quoting Georginson
Anyone else agree that forex trading is absolutely overwhelming...? It tests the entirety of your concentration, time input, mental awareness, emotions, patience and flexibility. You can't master forex trading in a year, it will take years of none stop observation, research and technique modifications. Definitely Forex trading will make top 5 most technical and complex profession in the world ... Agree or disagree?
It's taken me at least 10-12 years to actually truly understand what I've looked at, sometimes I don't. It's truly an art. You'd be naive to consider I am inflating being an artist with being a trader; it is essential you are creative, it is important you learn from what you see, slight deviations, plan your own pattern. I don't know many out there that head into a position and it completely goes their way.

It is completely and unreserved taxing. However one can find solace in its fruits should you persevere.
  • #648,784
  • Jan 19, 2022 9:07am Jan 19, 2022 9:07am
Quoting nd10
{quote} omoluabi
eyin omoluabi temi nikan. Eku ise takun takun. Eku ise opolo
GREATEST WISDOM AND POSITIVE ENABLEMENT COMES FROM ALMIGHTY GOD
  • #648,785
  • Jan 19, 2022 9:08am Jan 19, 2022 9:08am
Today the gu is crooky
The gold is the honnest pair
Thank you mister goldi
All out !!!!
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yes yes yes
  • #648,786
  • Jan 19, 2022 9:15am Jan 19, 2022 9:15am
This pair is playing games. But I will play the game with it.

Long 3648. TP 3680.
  • #648,787
  • Jan 19, 2022 9:43am Jan 19, 2022 9:43am
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yes yes yes
  • #648,788
  • Jan 19, 2022 9:50am Jan 19, 2022 9:50am
Quoting NotSoHard
Cable will drop further Currently its considered a pull back in the new short downtrend Look to add short at 1.36810 - 1.36880 All the way down till 1.34500 TP See You All
Cable if closed Daily Bullish seems it will -- For me --- Its a Hot Sell Entry

Target TP 1.34500

Dont think it will push higher today but lets see

I am looking for a push down to 1.34500

Ok See You All
Stalker...
  • #648,789
  • Jan 19, 2022 9:54am Jan 19, 2022 9:54am
Quoting Moty
Today the gu is crooky The gold is the honnest pair Thank you mister goldi All out !!!! {image} {image}
You sure do risk a lot of your account for someone whom loses all the time.
  • #648,790
  • Jan 19, 2022 9:59am Jan 19, 2022 9:59am
Quoting Georginson
Anyone else agree that forex trading is absolutely overwhelming...? It tests the entirety of your concentration, time input, mental awareness, emotions, patience and flexibility. You can't master forex trading in a year, it will take years of none stop observation, research and technique modifications. Definitely Forex trading will make top 5 most technical and complex profession in the world ... Agree or disagree?
Hi George,
I absolutely agree with you. It has been a day when I even start doubting my own system, which I have been trading for many years. My usual entries which normally would be a good entry turn in the opposite direction. It is like the harmonic flow of the market has been disturbed. Whether we can call this market manipulation or stop loss hunting, remains our own opinion. I remain short below 1.36500. Complex it is for sure.
Cheers
Leon
Trade to trade another day
  • #648,791
  • Jan 19, 2022 10:04am Jan 19, 2022 10:04am
Quoting YoungET
{quote} You sure do risk a lot of your account for someone whom loses all the time.
You have not observed properly if you think he loses all the time. He is profitable! And he is transparent.
  • #648,792
  • Jan 19, 2022 10:09am Jan 19, 2022 10:09am
Quoting Wavegarrick
{quote} Hi George, I absolutely agree with you. It has been a day when I even start doubting my own system, which I have been trading for many years. My usual entries which normally would be a good entry turn in the opposite direction. It is like the harmonic flow of the market has been disturbed. Whether we can call this market manipulation or stop loss hunting, remains our own opinion. I remain short below 1.36500. Complex it is for sure. Cheers Leon
Very well said Leon... Complex it is for sure...
Data + Stat + Risk/Emotions Management
  • #648,793
  • Jan 19, 2022 10:09am Jan 19, 2022 10:09am
3660 /90 likely correction before 3619 early signal 3600 and 3584 breakout or confirmation for play a bear continue towards next confirmation 3551/32 / 3489 to near bottom!! Take care, fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #648,794
  • Jan 19, 2022 10:10am Jan 19, 2022 10:10am
Quoting Mitiblotch
{quote} You have not observed properly if you think he loses all the time. He is profitable! And he is transparent.
Moty is a lady not a man... So please change it to She... I admire Moty a lot. She never hides...
Data + Stat + Risk/Emotions Management
  • #648,795
  • Jan 19, 2022 10:13am Jan 19, 2022 10:13am
Quoting Reza78
{quote} I spent 3 years as a novice trader ...lost 3000$ so far......each week i gain some money...lost it on 1 day......i doubt that i can be a successful trader or not????? and now i see there are people like me ........
you can be.
you need to master buying only. into the same time add a completely separate set of selling only.
in both cases, the current rate's direction does not matter. if you dont give up, you are going to master it.

here is a hint:
doing it backwards is more easy. like paper trading.
here is a thing. a trend or no trend, a desired buy or sell event that did happen over the h1 last 24 hours average price, happens exactly the same number of times above and the same number of times below the 24 hr average price. and the balance of that buys vs sells event is kept very close to ~0. you cant see it with a naked eye...
one thing at a time. do only buys. then do only sells. regardless of the direction. just learn these two separately from one another. good luck!
Maadik Hugiis. IQ 69.
  • #648,796
  • Jan 19, 2022 10:19am Jan 19, 2022 10:19am
Quoting Robinhood1
{quote} grazie robots
Hi Robin, I started using Gann, after I saw your considerations, interesting method. I'll try it for some time, obviously coupled with other evaluations. I think GBPUSD could go down until the 2022 open, after which it could rise above the January high. So could GBPJPY because of a Yen with a lot of problems. I see congestion. The greats are waiting for important news. For the moment everything slowed down.
Thanks
  • #648,797
  • Edited 2:04pm Jan 19, 2022 10:20am | Edited 2:04pm
Quoting Mitiblotch
{quote} You have not observed properly if you think he loses all the time. He is profitable! And he is transparent.
I'll agree with transparent.
  • #648,798
  • Jan 19, 2022 10:56am Jan 19, 2022 10:56am
Quoting Georginson
Anyone else agree that forex trading is absolutely overwhelming...? It tests the entirety of your concentration, time input, mental awareness, emotions, patience and flexibility. You can't master forex trading in a year, it will take years of none stop observation, research and technique modifications. Definitely Forex trading will make top 5 most technical and complex profession in the world ... Agree or disagree?
A while ago, I was being trained for a rather complex job by the devision manager who had been doing it for 30 years. He kept saying; " It is as easy or as hard as you make it for yourself". It drove me crazy hearing him say that so many times, however, I couldn't deny that he was somewhat right.
The same thing applies to forex trading.
  • #648,799
  • Jan 19, 2022 11:00am Jan 19, 2022 11:00am
Quoting Moty
{image}{image}{image}{image}
I think this movement was just a re-test of the break out. Now the market will continue the drop. I'm waiting for to confirm it.
Together we can be strongest
Vantage Return This Month: na
  • #648,800
  • Jan 19, 2022 11:05am Jan 19, 2022 11:05am
Once you see it you can never unsee it
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