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Cable Update (GBPUSD)

  • #649,701
  • Jan 27, 2022 2:53am Jan 27, 2022 2:53am
Quoting babaeffah
{quote} Why do traders like trouble not kearning, from all our mistakes over years and months. If nothing has been learnt, learn to know the trend and follow the trend, you would get it 80% of the tine. Following this smaller time frames would continue to hurt your trades.. The trend now is short, take bounce if 50pips or more not as change in trend but swing for new Entry.... Enjoy the ride on 4hrs and daily am sure your panic trades should scale down...
Have you noticed there isnīt a university carreer on trading? cos 99,99% fail short, mid and long run. May have been less % failing some time back. Now we have AI taken over the markets serving the "cabal" So its not that easy. There is 1, 2 maybe 3 ways making profit on a regular basis (otherwise its gambling), If traders are here just to buy & sell for a daily coffee, its the wrong place to be unless you take satisfaction even losing, researching continously is a must in finding that "holy Grail", which most will probably never find. If traders donīt think it exists, as i say, its losing time & money.

I have not found it yet, so my strategy is keep pumping miserable amounts into my account for the robbers for now. If i went demo, losses would not hurt which makes you 200% more effective to learn.

This is my experience after 22 years. Best inventions have taken centuries to appear. One guy taking over another oneīs legacy.
POSTMASTER
  • #649,702
  • Jan 27, 2022 2:54am Jan 27, 2022 2:54am
Quoting pipibrasci
{quote} Nice bounce off that support level H4. {image}
that would be count as 5th wave
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #649,703
  • Jan 27, 2022 2:54am Jan 27, 2022 2:54am
Quoting kris89
{quote} you nailed it bro . best one !


Lots of sunday(s) evening preparations ahead of the new week.
Grit; Knowledge; Right Mindset; All you need to overcome. KIS!
  • #649,704
  • Jan 27, 2022 2:58am Jan 27, 2022 2:58am
Quoting Mitiblotch
{quote} Because everybody is made different. You like one food and another hates it. They say one man's meat is another's poison. Trend was down when GU flew to 3740 area in two days. How about that? That's the reason people trade differently. I currently don't have a GU trade. Hut I am sure I am not interested in shorting at these levels now.
Yes, some else can have my jab
POSTMASTER
  • #649,705
  • Jan 27, 2022 2:59am Jan 27, 2022 2:59am
Attached Image (click to enlarge)
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Face 'ur fears & tame 'ur greed
  • #649,706
  • Jan 27, 2022 3:00am Jan 27, 2022 3:00am
Here are my trades, I just exited shortly after this video. I hope everyone experienced green pips yesterday.
Inserted Video
  • #649,707
  • Jan 27, 2022 3:07am Jan 27, 2022 3:07am
Quoting Robinhood1
{quote} Yes, some else can have my jab
Lol... I also passed my jab to someone else.
  • #649,708
  • Jan 27, 2022 3:08am Jan 27, 2022 3:08am
Quoting Robinhood1
{quote} Yes, some else can have my jab
Mucho gracias afición
You have to have an IQ higher than 90 to interact with this user.
  • #649,709
  • Jan 27, 2022 3:08am Jan 27, 2022 3:08am
Bear Compression done, any time now we shall have a pullback
#Watch 1.341xx closely!
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Face 'ur fears & tame 'ur greed
  • #649,710
  • Jan 27, 2022 3:16am Jan 27, 2022 3:16am
Quoting Robinhood1
{quote} Have you noticed there isnīt a university carreer on trading? cos 99,99% fail short, mid and long run. May have been less % failing some time back. Now we have AI taken over the markets serving the "cabal" So its not that easy. There is 1, 2 maybe 3 ways making profit on a regular basis (otherwise its gambling), If traders are here just to buy & sell for a daily coffee, its the wrong place to be unless you take satisfaction even losing, researching continously is a must in finding that "holy Grail", which most will probably never find. If...
One thing you must know. The market trends, ranges, and consolidate, these are facts that will never change. There are rules and guidelines you must follow. It's a 90% fail rate because it's always new traders coming to the market. It takes some years to become a profitable trader. So the cycle of becoming a newbie trader quit, becoming a novice trader quit, getting closer to becoming a profitable trader quit contributes to the 90% and not alone the dedicated non-profitable trader that stays in the game contributes to 90% as well. Believe it or not, there is a 10% fraternity that every trader wants to be a part of, that exists. You have to work smart and be diligent in the details to find what's in plain view.
  • #649,711
  • Jan 27, 2022 3:24am Jan 27, 2022 3:24am
Quoting duve
{quote} One thing you must know. The market trends, ranges, and consolidate, these are facts that will never change. There are rules and guidelines you must follow. It's a 90% fail rate because it's always new traders coming to the market. It takes some years to become a profitable trader. So the cycle of becoming a newbie trader quit, becoming a novice trader quit, getting closer to becoming a profitable trader quit contributes to the 90% and not alone the dedicated non-profitable trader that stays in the game contributes to 90% as well. Believe...

where u think we heading now bro?
  • #649,712
  • Jan 27, 2022 3:27am Jan 27, 2022 3:27am
Hind-sight tracking...
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Face 'ur fears & tame 'ur greed
  • #649,713
  • Jan 27, 2022 3:31am Jan 27, 2022 3:31am
Quoting nAVIN2007
{quote} where u think we heading now bro?
Give me a sec I'll give my thoughts.
  • #649,714
  • Jan 27, 2022 3:34am Jan 27, 2022 3:34am
Start of a correction/impulse.

High probable BUY for me
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Fools Rushing
  • #649,715
  • Jan 27, 2022 3:36am Jan 27, 2022 3:36am
https://www.forexfactory.com/thread/...1#post13872551

Waiting was worth it. I stay mainly short and take some small long additionaly.

Attached Image (click to enlarge)
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  • #649,716
  • Jan 27, 2022 3:37am Jan 27, 2022 3:37am
Quoting duve
{quote} One thing you must know. The market trends, ranges, and consolidate, these are facts that will never change. There are rules and guidelines you must follow. It's a 90% fail rate because it's always new traders coming to the market. It takes some years to become a profitable trader. So the cycle of becoming a newbie trader quit, becoming a novice trader quit, getting closer to becoming a profitable trader quit contributes to the 90% and not alone the dedicated non-profitable trader that stays in the game contributes to 90% as well. Believe...
Yes, you are very right. We might all dissagree on percentages of losser/winners but yes i agree with you
POSTMASTER
  • #649,717
  • Jan 27, 2022 3:41am Jan 27, 2022 3:41am
Today trading plan is to sell more on pullbacks, looking at m30 zones and imbalances from the drop overnight
  • #649,718
  • Jan 27, 2022 3:44am Jan 27, 2022 3:44am
Lad took my jab, i am really glad, in fact we are at the 3rd dosis out of a lifetime inoculation (they say), have them all and enjoy. Your Spanish repeating phrase is not understandable, write it in English and iīll translate it for you. BTW, you were not lucky on your last call GU yesterday evenning, next time. I think you know i ignored you but i have to read you as you post after my ones. If so, lets translate what you are trying to tell me and if we can each go our own way i would appreciate.
POSTMASTER
  • #649,719
  • Jan 27, 2022 3:52am Jan 27, 2022 3:52am
Quoting pipibrasci
{quote} Nice bounce off that support level H4. {image}
My "thoughts" for the rest of the week.
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Grit; Knowledge; Right Mindset; All you need to overcome. KIS!
  • #649,720
  • Edited 4:14am Jan 27, 2022 3:57am | Edited 4:14am
Quoting mysterio
Today trading plan is to sell more on pullbacks, looking at m30 zones and imbalances from the drop overnight
I think something like this will occur

zigzag implying compression on the current pullback from h4 demand zone

This is just a sketch and using market orders as its PA dependent, I don't believe in limit orders as I think we have to respond to price in the present moment. Sell may occur before then or not at all

edit- updated with alternative scenario
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