Gu don't pass
M1 ERROR.
sell now
tp = 1.213xx
M1 ERROR.
sell now
tp = 1.213xx
Attached Image(s) (click to enlarge)
Cable Update (GBPUSD)
- #658,982
- May 13, 2022 12:50pm May 13, 2022 12:50pm
- Joined Oct 2010 | Status: Trader | 21,478 Posts
{quote} So, one can expect s1 to test. I am not trading though. My daily target is met. {image}
Yes, it did test S1 as I analyzed.
Intraday only.
- #658,983
- May 13, 2022 12:56pm May 13, 2022 12:56pm
- Joined Oct 2011 | Status: Lost.... | 2,384 Posts
Lost....
- #658,984
- May 13, 2022 2:06pm May 13, 2022 2:06pm
- Joined Dec 2017 | Status: Trader | 30,688 Posts
wow , that was a great day after all
after i made 1300 $ from 290 $ and 890 $ from 190 $ and lost it all
i start to work wisely
like i said , every time i will reach to 350 $ in my equity i will withdraw 100 $
for stay modest and take some ,omey into my pocket
so i started the day with 200 , grew it to 422 $ , and withdrawed 160 $
then started with 262 $ that stayed in my account , grew it to 350 $ withdrawed 100 $
then started with 250 $ that stayed in my account , grew it to 312 $
overall i gained 400 $ today and withdrawed 290 from it
it is so strange , when i have little amount in my account , i am so good in making profit
but when i have large amount i always lose
after i made 1300 $ from 290 $ and 890 $ from 190 $ and lost it all
i start to work wisely
like i said , every time i will reach to 350 $ in my equity i will withdraw 100 $
for stay modest and take some ,omey into my pocket
so i started the day with 200 , grew it to 422 $ , and withdrawed 160 $
then started with 262 $ that stayed in my account , grew it to 350 $ withdrawed 100 $
then started with 250 $ that stayed in my account , grew it to 312 $
overall i gained 400 $ today and withdrawed 290 from it
it is so strange , when i have little amount in my account , i am so good in making profit
but when i have large amount i always lose
yes yes yes
- #658,986
- May 13, 2022 2:47pm May 13, 2022 2:47pm
- Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts
wow , that was a great day after all after i made 1300 $ from 290 $ and 890 $ from 190 $ and lost it all i start to work wisely like i said , every time i will reach to 350 $ in my equity i will withdraw 100 $ for stay modest and take some ,omey into my pocket so i started the day with 200 , grew it to 422 $ , and withdrawed 160 $ then started with 262 $ that stayed in my account , grew it to 350 $ withdrawed 100 $ then started with 250 $ that stayed in my account , grew it to 312 $ overall i gained 400 $ today and withdrawed 290 from it
Big amount means u are less likely less tolerance, smaller amount means u have higher tolerance
By tolerance I mean how much price can move against u
Excellent trading bro!
- #658,987
- May 13, 2022 2:50pm May 13, 2022 2:50pm
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
MY OPINION NOT FINANCIAL ADVISE
- #658,988
- May 13, 2022 2:51pm May 13, 2022 2:51pm
- Joined Mar 2019 | Status: Trader | 1,374 Posts
{quote} Be prepared to wait at least 3 months, need to take the mind of the trade..
You see. You made this post on 16th March. So it's almost 2 months done. Maybe we shall soon smile. Brought you here since you could not remember.
- #658,989
- May 13, 2022 2:52pm May 13, 2022 2:52pm
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
MY OPINION NOT FINANCIAL ADVISE
- #658,990
- May 13, 2022 2:53pm May 13, 2022 2:53pm
- Joined Sep 2008 | Status: Trader | 2,275 Posts
Congrats Moty. - I cannot believe that they really didn't take the stops out above 1.2150. Someone BIG has no interest (yet) to do that....
I'm not enough expert in that but I wonder if the big shorties used this oportunity to reload shorts on a very high level, exactly below the stop-buys to avoid a chainreaction upwards- but to get in to a very high price. On the other hand:
The move was like that: Slowly creepy up and than just before 1.2150 heavy sellings in short time. In my opinion that means someone tries to push the market away from that line fast because crossing should not happen.
The slow creep up means someone wants to buy a lot (or cover shorts) and the sharp down means someone tries to push the market fast away from a specific spot (here 1.2150). Because it worked out and it happened quite fast the volume was probably not that high (when you compare the whole move from 1.24 down).
So I wonder now: Were the creepy upmoves a try to avoid a rush and to cover shorts slowly over time and the sharp push downs where only a last try to keep the GBP/USD still low to get rid of more shorts ? (before it goes up more)
OR
Was the situation used to creep it up to get in on the perfect spot for short, -exactly below the buy stops? - In general that is not made because the guys who have their stops just above 1.2150 a most times a nice meal for the biggies who drive the market so why not eat them up and get even more shorts on that level?
Let's summarize it up: I think GBP/USD will not stay there long time
- but the bias, - if you only watch PA, is long I would say - at least in very short term.
I'm not enough expert in that but I wonder if the big shorties used this oportunity to reload shorts on a very high level, exactly below the stop-buys to avoid a chainreaction upwards- but to get in to a very high price. On the other hand:
The move was like that: Slowly creepy up and than just before 1.2150 heavy sellings in short time. In my opinion that means someone tries to push the market away from that line fast because crossing should not happen.
The slow creep up means someone wants to buy a lot (or cover shorts) and the sharp down means someone tries to push the market fast away from a specific spot (here 1.2150). Because it worked out and it happened quite fast the volume was probably not that high (when you compare the whole move from 1.24 down).
So I wonder now: Were the creepy upmoves a try to avoid a rush and to cover shorts slowly over time and the sharp push downs where only a last try to keep the GBP/USD still low to get rid of more shorts ? (before it goes up more)
OR
Was the situation used to creep it up to get in on the perfect spot for short, -exactly below the buy stops? - In general that is not made because the guys who have their stops just above 1.2150 a most times a nice meal for the biggies who drive the market so why not eat them up and get even more shorts on that level?
Let's summarize it up: I think GBP/USD will not stay there long time
- but the bias, - if you only watch PA, is long I would say - at least in very short term. 
- #658,992
- May 13, 2022 2:59pm May 13, 2022 2:59pm
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
MY OPINION NOT FINANCIAL ADVISE
- #658,993
- May 13, 2022 3:09pm May 13, 2022 3:09pm
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
MY OPINION NOT FINANCIAL ADVISE
- #658,994
- May 13, 2022 3:55pm May 13, 2022 3:55pm
- Joined Dec 2017 | Status: Trader | 30,688 Posts
yes yes yes
- #658,995
- May 13, 2022 4:08pm May 13, 2022 4:08pm
- Joined May 2021 | Status: Unfollow the herd | 1,727 Posts
Grit; Knowledge; Right Mindset; All you need to overcome. KIS!
- #658,996
- May 13, 2022 4:27pm May 13, 2022 4:27pm
- Joined Mar 2020 | Status: Trader | 3,499 Posts
Compulsions can be hard to resist
- #658,998
- May 13, 2022 5:59pm May 13, 2022 5:59pm
- Joined Jun 2011 | Status: the risk is the unknown | 2,182 Posts
- #659,000
- May 13, 2022 11:43pm May 13, 2022 11:43pm
- Joined Nov 2021 | Status: I'm colorful and happy | 1,261 Posts
For me, 1.20500 is still valid. So far, there has been very good support for the 1.22 & the first resistance of my chart(1.22450) has passed well. 1.23 and 1.24 are the next resistance, which is likely to return from 1.22800. Next week it will be clearer that it will continue the trend or go to the sweet areas of 1.20500. For now, enjoy the weekend until Monday
There is nothing wrong with being kind & loving to each other