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Cable Update (GBPUSD)

  • #650,001
  • Jan 28, 2022 12:49pm Jan 28, 2022 12:49pm
Quoting Nordling
Correlations between the pairs is breaking today and new correlations are occuring. Which is why price surges both ways crazily today. Anyways, GU should reverse. I am bullish.
have you become an intra-day trader?
just asking.
  • #650,002
  • Jan 28, 2022 12:56pm Jan 28, 2022 12:56pm
Looking at the candle dance line, could be a bit more down next week before north
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Compulsions can be hard to resist
  • #650,003
  • Jan 28, 2022 1:00pm Jan 28, 2022 1:00pm
Quoting tiborf71
{quote} have you become an intra-day trader? just asking.
First of all no, but i pay attention to correlations and second, does it really matter to you? Where does that curiousity come from? If you have something to say, just let it out.
You have to have an IQ higher than 90 to interact with this user.
  • #650,004
  • Jan 28, 2022 1:04pm Jan 28, 2022 1:04pm
Quoting Nordling
{quote} First of all no, but i pay attention to correlations and second, does it really matter to you? Where does that curiousity come from? If you have something to say, just let it out.
OK.
I do not care.

OK.
  • #650,005
  • Jan 28, 2022 1:04pm Jan 28, 2022 1:04pm
Quoting Nordling
Correlations between the pairs is breaking today and new correlations are occuring. Which is why price surges both ways crazily today. Anyways, GU should reverse. I am bullish.
why are u bullish on GU?

Im struggling, I find myself conflicted when price is this low..and I always somehow not able to stick to plan when we are low. euro is close to parity which I also find concerning. Id like to know your thought on it?
  • #650,006
  • Jan 28, 2022 1:06pm Jan 28, 2022 1:06pm
Attached Image (click to enlarge)
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Compulsions can be hard to resist
  • #650,007
  • Jan 28, 2022 1:16pm Jan 28, 2022 1:16pm
Quoting trumps
{image}

yea i feel for it..hook line and sinker
  • #650,008
  • Jan 28, 2022 1:18pm Jan 28, 2022 1:18pm
Quoting nAVIN2007
{quote} yea i feel for it..hook line and sinker
I got stopped out as I shorted off the 3390 area.
Compulsions can be hard to resist
  • #650,009
  • Jan 28, 2022 1:19pm Jan 28, 2022 1:19pm
Quoting nAVIN2007
{quote} why are u bullish on GU? Im struggling, I find myself conflicted when price is this low..and I always somehow not able to stick to plan when we are low. euro is close to parity which I also find concerning. Id like to know your thought on it?
Well i am bullish because fundamental datas tells me to buy it. Let me show how my data sheet looks like:

https://www.forexfactory.com/thread/...7#post13874417

To elaborate on it, BoE is more hawkish than FED and expected to hike the rates next week. So BoE > FED now. And also, as you can see in the table combination of the US' growth and inflation numbers are way worse than the UK.

I wouldn't short or long EURUSD though It is better to stay away from EURUSD right now since my table gives me mixed signals about that pair.

As for sticking to the plan, first of all i would advise you to try the market small. If you have a trade idea, try it with small lot sizes so you can wait patiently and never feel afraid of losing.

And secondly, if you stick to your plan you can only get stopped out once. But if you change your mind quickly and frequently, you may get stopped out twice or even more. So again, be patient and if your stop loss gets hit, try to understand why. So you can learn a lesson from it and get better at it in time. For me, my stop losses are my best teachers.
You have to have an IQ higher than 90 to interact with this user.
  • #650,010
  • Jan 28, 2022 1:20pm Jan 28, 2022 1:20pm
Nice channel forming.
I feel bulls may have something to say early next week
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Compulsions can be hard to resist
  • #650,011
  • Jan 28, 2022 1:23pm Jan 28, 2022 1:23pm
Quoting Georginson
{quote} Very well said Leon. Cheers!
I created my account just to connect more to georginson idea. have been trying to figure it out but cant get much so i ask, please can you explain more to me and some of your trading psychology. baba! help a brother
  • #650,012
  • Jan 28, 2022 1:39pm Jan 28, 2022 1:39pm
Quoting Mr.Burger
{quote} the storm has over, let profits run {image}
aftershocks, complex corrections --- he urged me to retreat back, pile up orders at the bottom on the ground

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--- my best moment for long, no pain no gain have a great weekend everyone
Daddy, Brother, Lover, Little Boy
  • #650,013
  • Jan 28, 2022 1:45pm Jan 28, 2022 1:45pm
Quoting Mitiblotch
{quote} Bulls did an amazing job for me on EU. It felt sweet buying from the bottom. A million chances to get in and I did. Good day. Profitable week. Profitable month. I know you did well too.
Yeah this week was really good after a quite patchy month. January was tough. Hit a couple of home runs this week though, finally found my flow this year. Very glad you had a profitable month. Those pips are hard fought!!

Cheers have a good weekend
  • #650,014
  • Jan 28, 2022 1:47pm Jan 28, 2022 1:47pm
been trail stopping and I got stopped out, now I am back again forcefully. I will hold up until TP hit and if it does reach 32193 before the 3rd of February i'll close my position and look for buying opportunities. Have a wonderful weekend
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  • #650,015
  • Jan 28, 2022 1:51pm Jan 28, 2022 1:51pm
BULLISH All THe Way

1.34800 Target For Now

Price Doesnt Move In A Straight Line

Unless There Is A Virus OutBreak

Probably Will Go Higher Then THat

New Month New Week BULLISH IS What I DemanD

NiceZierres By The Way
Stalker...
  • #650,016
  • Jan 28, 2022 2:06pm Jan 28, 2022 2:06pm
Quoting MoneyZilla
{quote} you did not take this one seriously, did you?

Twisted signal sure worked both ways for some.
Long sentiment is rising, GU on the opposite side. The more will rise, the better the sell.
  • #650,017
  • Jan 28, 2022 2:16pm Jan 28, 2022 2:16pm
Quoting nAVIN2007
{quote} I went long...i exited
What made you change your direction?

We are only half way throught descending channel. 132 is a must, of course some retracements to the other side will happen.

I've learned to delay my instant
reaction as trade is always behind our plans.

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  • #650,018
  • Jan 28, 2022 2:17pm Jan 28, 2022 2:17pm
Quoting cryptrade
{quote}I created my account just to connect more to georginson idea. have been trying to figure it out but cant get much so i ask, please can you explain more to me and some of your trading psychology. baba! help a brother
Omo Naija, thanks for this complement. I recommended selling earlier after any 60 pips to 90 pips bounce off the low. Stop selling if price closes above 1.3528. February target is 1.3200 or below as far as price doesn't close above 1.3528. u fit still send me pm sha, make we relate more.
Data + Stat + Risk/Emotions Management
  • #650,019
  • Jan 28, 2022 2:18pm Jan 28, 2022 2:18pm
Quoting MoneyZilla
are there any buyers in the house, you little kitties? we need more buyers to move the rate down lower... come on in!
Lions are also relatives to kitties mate Be careful, those kitties can call their lion uncles
You have to have an IQ higher than 90 to interact with this user.
  • #650,020
  • Jan 28, 2022 2:30pm Jan 28, 2022 2:30pm
Quoting Nordling
{quote} Lions are also relatives to kitties mate Be careful, those kitties can call their lion uncles
Not a fan of pet cats, but love this wild one, the speed is incredible
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