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Cable Update (GBPUSD)

  • #648,801
  • Jan 19, 2022 11:27am Jan 19, 2022 11:27am
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 ......... Hope the best for those who try to be a REAL TRADER
-------------------
Hi Reza
be patient for trade...
درترید صبورباش و ترید های اشتباه قبل رو دوباره تکرار نکن.
شماحتما موفق هستید
Seek knowledge and adorn it with patience and respect; moreover, be humble
  • #648,802
  • Jan 19, 2022 11:37am Jan 19, 2022 11:37am
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?
give some
respect to that name call Forex na real school wild life the strong survive
MY OPINION NOT FINANCIAL ADVISE
  • #648,803
  • Jan 19, 2022 11:41am Jan 19, 2022 11:41am
Attached Image (click to enlarge)
Click to Enlarge Name: palpite.png Size: 30 KB
Together we can be strongest
Vantage Return This Month: na
  • #648,804
  • Jan 19, 2022 11:52am Jan 19, 2022 11:52am
well, the range is small today.

Tomorrow one can expect a bigger candle, probably 3600/20 to 3700/20.

Did trade NY session...but not very attractive profit, though overall daily profit is good.
Attached Image (click to enlarge)
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Intraday only.
  • #648,805
  • Jan 19, 2022 12:02pm Jan 19, 2022 12:02pm
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
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?
When i traded with leverage of 500, I blew up several accounts. Then I lowered the leverage to 30 and everything started to be different.
yes, trading is very difficult. the greatest difficulty is controlling emotions.
However, it is possible to earn money, little at a time
I've been trading for 12 years.
Greetings and good trades for everyone.
Studing..............
  • #648,806
  • Jan 19, 2022 12:15pm Jan 19, 2022 12:15pm
Quoting Georginson
{quote} Moty is a lady not a man... So please change it to She... I admire Moty a lot. She never hides...
I never knew Moty is a woman. Oh dear! I hope she isn't offended by referring to her as him.
  • #648,807
  • Jan 19, 2022 12:16pm Jan 19, 2022 12:16pm
Quoting palpite
{image}
All those stop losses above will be taken tomorrow.
  • #648,808
  • Jan 19, 2022 12:28pm Jan 19, 2022 12:28pm
Quoting Georginson
{quote} Moty is a lady not a man... So please change it to She... I admire Moty a lot. She never hides...
Ohh really. I always address her as a moty bro and now i feel really sorry for my words and not knowing about her. I always like moty charts and mostly follow her trades. She is great.
  • #648,809
  • Jan 19, 2022 12:33pm Jan 19, 2022 12:33pm
Very intelligent people discuss the ideas, less fortunate discuss the sport, entertainment, or political events. Losers and low lives discuss other people's matters (colors of their shoes, shape of their glasses, or style of their trading...) finding only stumbles.
You are very lucky that Moty is a gentleman.
Always trade your own plan...I don't provide trading signals.
  • #648,810
  • Jan 19, 2022 1:26pm Jan 19, 2022 1:26pm
Quoting Mitiblotch
{quote} All those stop losses above will be taken tomorrow.
1.3528 is the next target.

Attached Image (click to enlarge)
Click to Enlarge Name: palpite.png Size: 36 KB
Together we can be strongest
Vantage Return This Month: na
  • #648,811
  • Jan 19, 2022 2:04pm Jan 19, 2022 2:04pm
Quoting palpite
{quote} 1.3528 is the next target. {image}
If price gets to 1.3528 and closes below it, then it's game over for bulls as bears will ferociously crash the price to 1.2950 area within weeks. Failure to close below 1.3528 is an invitation of 1.42 in weeks ahead. At least 700 pips range is expected between January to February, it's 318 pips so far, which means additional 382 more pips is expected Within 6 weeks.
Data + Stat + Risk/Emotions Management
  • #648,812
  • Jan 19, 2022 2:04pm Jan 19, 2022 2:04pm
2hs for to close the day and not crossed the support, better wait tomorrow.


Attached Image (click to enlarge)
Click to Enlarge Name: palpite.png Size: 25 KB
Together we can be strongest
Vantage Return This Month: na
  • #648,813
  • Jan 19, 2022 2:26pm Jan 19, 2022 2:26pm
Quoting Georginson
{quote} If price gets to 1.3528 and closes below it, then it's game over for bulls as bears will ferociously crash the price to 1.2950 area within weeks. Failure to close below 1.3528 is an invitation of 1.42 in weeks ahead. At least 700 pips range is expected between January to February, it's 318 pips so far, which means additional 382 more pips is expected Within 6 weeks.
Hi. Gann says 13982 and if it cannot hold we should see 14220, lets see
POSTMASTER
  • #648,814
  • Jan 19, 2022 2:33pm Jan 19, 2022 2:33pm
Quoting Robinhood1
{quote} Hi. Gann says 13982 and if it cannot hold we should see 14220, lets see
Its holding at 13622 which is the 13747īs natural retrace. It dipped to 13572 as to balance the "no pullback" from 13513. so i donīt think it will let go 13622
POSTMASTER
  • #648,815
  • Jan 19, 2022 2:48pm Jan 19, 2022 2:48pm
GU within a key zone right now.
Oil approaching resistance
Attached Image(s) (click to enlarge)
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Compulsions can be hard to resist
  • #648,816
  • Jan 19, 2022 3:03pm Jan 19, 2022 3:03pm
Quoting mysterio
My view We're on h1/daily demand, high volume node, BO/RT on dxy 1.36 area RBS {image}
Think there will be some accumulation/ranging between the high and low set today

Looking for a buy lower down at LO

If I can get the buy just right it will be 3 pip SL and 50 pip target, will try to get an entry up

Asia range will dictate the entry either it will be below yesterday's EQL or h1 demand area
  • #648,817
  • Jan 19, 2022 3:05pm Jan 19, 2022 3:05pm
Quoting Georginson
{quote} If price gets to 1.3528 and closes below it, then it's game over for bulls as bears will ferociously crash the price to 1.2950 area within weeks. Failure to close below 1.3528 is an invitation of 1.42 in weeks ahead. At least 700 pips range is expected between January to February, it's 318 pips so far, which means additional 382 more pips is expected Within 6 weeks.
I like reading and plotting your numbers George.
A close below 3528 could happen this week, but could be a tough ask.
To me, looks like 3605 area is important and would act as some resistance with a bounce from your 3528.
I've got oil coming down off resistance soon (next week)?
What's your thoughts?

Do you only trade GBPUSD?
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: USOUSDWeekly.png Size: 12 KB
Compulsions can be hard to resist
  • #648,818
  • Jan 19, 2022 3:05pm Jan 19, 2022 3:05pm
Attached Image (click to enlarge)
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  • #648,819
  • Jan 19, 2022 3:10pm Jan 19, 2022 3:10pm
Quoting trumps
{quote} I like reading and plotting your numbers George. A close below 3528 could happen this week, but could be a tough ask. To me, looks like 3605 area is important and would act as some resistance with a bounce from your 3528. I've got oil coming down off resistance soon (next week)? What's your thoughts? Do you only trade GBPUSD? {image} {image}
Thanks for your feedback. I don't follow crude oil anymore and yes I trade GBPUSD only. The bears had their chance yesterday and today to keep price below 1.3600 in order to attack that 1.3528 but as it stands they seem to be hesitating which is now giving bulls the initiative to resume their business of pushing the price to the north.
Data + Stat + Risk/Emotions Management
  • #648,820
  • Jan 19, 2022 3:18pm Jan 19, 2022 3:18pm
Quoting Georginson
{quote} Thanks for your feedback. I don't follow crude oil anymore and yes I trade GBPUSD only. The bears had their chance yesterday and today to keep price below 1.3600 in order to attack that 1.3528 but as it stands they seem to be hesitating which is now giving bulls the initiative to resume their business of pushing the price to the north.
I've got the first local swing fib level at 36118.
A daily close below that after the retest today, clears the way for your 3528 next.
Compulsions can be hard to resist
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