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Cable Update (GBPUSD)

  • #657,821
  • May 3, 2022 10:37pm May 3, 2022 10:37pm
Quoting Moty
{image}
i think you are buying on sentiment, you bought at 1.25548 and now GU has gone to 1.24700 while you have no SL and TP, the risk is quite high
  • #657,822
  • May 3, 2022 10:45pm May 3, 2022 10:45pm
below 2500, S1 is target today.

Sell in London
Intraday only.
  • #657,823
  • May 3, 2022 11:02pm May 3, 2022 11:02pm
when do i lose money ? it's when i take a position because it's suppose to happened
gu will go down because dx reach a résistance
gu will go down because gj is going up
this is stupide trading
just trade what you see
as long that price is below main trend indi and below daily pivot , i will look for short set ups
Attached Image(s) (click to enlarge)
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yes yes yes
  • #657,824
  • May 3, 2022 11:04pm May 3, 2022 11:04pm
looking on monthly TF Ma10 now located @1.3279 is pointing to cross Ma50 @1.3123. If Math isnt an opinion we could see at least a further downside of cable till 1.2320. I ll start to try some exploring buys from 1.2375. Still holding shorts from 1.3431/01 from March and 1.2722 from April.
Attached Image (click to enlarge)
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chaos is just unknown order
  • #657,825
  • May 3, 2022 11:33pm May 3, 2022 11:33pm
i am preaty sure it will go to the daily pivot
then will see
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 39 KB
yes yes yes
  • #657,826
  • May 3, 2022 11:33pm May 3, 2022 11:33pm
Attached Image (click to enlarge)
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  • #657,827
  • May 4, 2022 12:09am May 4, 2022 12:09am
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 28 KB
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 28 KB
yes yes yes
  • #657,828
  • May 4, 2022 12:26am May 4, 2022 12:26am
Quoting Moty
when do i lose money ? it's when i take a position because it's suppose to happened gu will go down because dx reach a résistance gu will go down because gj is going up this is stupide trading just trade what you see as long that price is below main trend indi and below daily pivot , i will look for short set ups {image} {image}
Yes, we all loose money that way and is good your noticing that.
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #657,829
  • May 4, 2022 12:29am May 4, 2022 12:29am
In retail forex trading your all departments into one, unlike banks and large trading firm they have compliance officer, accounting department, psychologists, risk management portfolio department, analyst and a trader, ETC

This is the more reason is harder for a retail trader because it will take him/her years to finally come to understand what is happening and find a way to be all in one
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #657,830
  • May 4, 2022 12:38am May 4, 2022 12:38am
Quoting Moty
when do i lose money ? it's when i take a position because it's suppose to happened gu will go down because dx reach a résistance gu will go down because gj is going up this is stupide trading just trade what you see as long that price is below main trend indi and below daily pivot , i will look for short set ups {image} {image}
good luck bro, not sure this is the problem.
but yes, trade what you see not what you want.
your first entries always make you to trade like you want and not the reality
  • #657,831
  • May 4, 2022 12:42am May 4, 2022 12:42am
Buy signal
Attached Image (click to enlarge)
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yes yes yes
  • #657,832
  • May 4, 2022 12:52am May 4, 2022 12:52am
Gbpjpy price has been compressed, overall direction long term should be up
  • #657,833
  • May 4, 2022 12:59am May 4, 2022 12:59am
Quoting Houtbay
Gbpjpy price has been compressed, overall direction long term should be up
it is crooky more then the gu
3 false breaks
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu1.png Size: 34 KB
Click to Enlarge Name: gj.png Size: 26 KB
yes yes yes
  • #657,834
  • May 4, 2022 1:06am May 4, 2022 1:06am
Quoting Moty
{quote} it is crooky more then the gu 3 false breaks {image} {image}
Do you now what are complex waves?
  • #657,835
  • Edited 1:19am May 4, 2022 1:09am | Edited 1:19am
Quoting Whale
{quote} Do you now what are complex waves?
i know what is crooky waves
we need to break 1.25138
Attached Image (click to enlarge)
Click to Enlarge Name: gj.png Size: 28 KB
yes yes yes
  • #657,836
  • May 4, 2022 1:14am May 4, 2022 1:14am
2 arrows (signals)
small silver (white) arrows from 30 min timeframe
and
bigger gold are from 60 min
Attached Image (click to enlarge)
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  • #657,837
  • May 4, 2022 1:19am May 4, 2022 1:19am
Buy & only buy.

Gu = 1.317xx.
Attached Image (click to enlarge)
Click to Enlarge Name: GU D1.jpg Size: 4 KB
  • #657,838
  • May 4, 2022 1:22am May 4, 2022 1:22am
Im out of my yesterdays longs, will wait for fomc dust to be settled to enter long again
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  • #657,839
  • May 4, 2022 1:29am May 4, 2022 1:29am
Attached Image (click to enlarge)
Click to Enlarge Name: gj.png Size: 25 KB
yes yes yes
  • #657,840
  • Edited 2:16am May 4, 2022 1:32am | Edited 2:16am
Quoting fxmasterdxb
Im out of my yesterdays longs, will wait for fomc dust to be settled to enter long again {image}
I am still holding on. Banked my shorts at 2478 this morning and held just the buys. Give me 2700 and I'll be glad!
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