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Cable Update (GBPUSD)

  • #662,981
  • Jun 10, 2022 8:22am Jun 10, 2022 8:22am
Quoting Jolita
{quote} Your strategy ant technicals are impressive, good job! Keep it up. I wish to know EW technique, everything I read goes out the next day.
thank you.
years of losses, until i figure it out.
with the support of @eyefeelsix
Lets hope im right on this gu long.
  • #662,982
  • Jun 10, 2022 8:23am Jun 10, 2022 8:23am
...
dly below
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Trader with an Edge.
  • #662,983
  • Jun 10, 2022 8:23am Jun 10, 2022 8:23am
Next is 1.2354.
We"ll perhaps watch price action for declining demand then know d next step afterwards.

Just my 2 cents, I may b wrong
  • #662,984
  • Jun 10, 2022 8:25am Jun 10, 2022 8:25am
Long gold 1833 tp 1845
  • #662,985
  • Jun 10, 2022 8:26am Jun 10, 2022 8:26am
Quoting Headland
... dly below {image}
More news in 30 mins. I think it's waiting for an excuse to drop...
  • #662,986
  • Jun 10, 2022 8:31am Jun 10, 2022 8:31am
Hehehe... bears are dancing!
  • #662,987
  • Jun 10, 2022 8:32am Jun 10, 2022 8:32am
... last 30min close an inverted hammer - maybe encouraging for those nursing longs?
Trader with an Edge.
  • #662,988
  • Jun 10, 2022 8:34am Jun 10, 2022 8:34am
Quoting Whale
Gbpjpy im closing my short +210 gu open long1.2407 target 1.272
Gu, out -30
will enter again soon when it will get more clearer

something like 5/15m engulfing and retest
  • #662,989
  • Jun 10, 2022 8:35am Jun 10, 2022 8:35am
Quoting Jolita
{quote} Oh no, sorry to hear. Take a break and start with fresh mindset, I am sure you will regain the loss pretty soon. Good
Probably going to close my account and give up.

5 god damn years I've wasted my life on this.

It's either gie up and accept my place as a poor peasant or end up taking the other way out.
  • #662,990
  • Jun 10, 2022 8:41am Jun 10, 2022 8:41am
Quoting MrFanciful
{quote} Probably going to close my account and give up. 5 god damn years I've wasted my life on this. It's either gie up and accept my place as a poor peasant or end up taking the other way out.
Añd what's the other way out? Just curious...
  • #662,991
  • Jun 10, 2022 8:45am Jun 10, 2022 8:45am
Quoting Whale
Gbpjpy im closing my short +210 gu open long1.2407 target 1.272
Still holding my gbp/jpy short from 168.46 TP set at 164.9
  • #662,992
  • Jun 10, 2022 8:50am Jun 10, 2022 8:50am
Quoting MrFanciful
{quote} Probably going to close my account and give up. 5 god damn years I've wasted my life on this. It's either give up and accept my place as a poor peasant or end up taking the other way out.
Been doing it for a lot of time also , even more than you blew a few account because of emotional trading I knew I was wrong but kept hoping it will come back, I don't know if I should tell you to continue or not , but if you want an advice and what really helped me was AL Brooks courses and Mark Douglas , really changed my perspective about trading and finally getting profitable. I can tell you this trading is not easy it take a lot of hard work , it can not be just like a hobby , you are competing with some of the smartest people and institutions on the planet , you can not expect to be better than them just by treating it as a part time hobby. just my 2 cents , the decision is yours
  • #662,993
  • Jun 10, 2022 8:52am Jun 10, 2022 8:52am
@donfriday, we are below 1.24 in second quarter
  • #662,994
  • Jun 10, 2022 8:54am Jun 10, 2022 8:54am
Entry in this area for a long-term. Stop = Light . Take profit = maybe 1.33 (only for me) Have a good weekend everyone
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There is nothing wrong with being kind & loving to each other
  • #662,995
  • Jun 10, 2022 8:54am Jun 10, 2022 8:54am
why we take counter trend trade ?

We feel low has reached.

We feel this is not right place to sell, because it is oversold.

So, we keep on buying.

ha..ha..

Intraday only.
  • #662,996
  • Jun 10, 2022 8:57am Jun 10, 2022 8:57am
Quoting RaHaG0D
Entry in this area for a long-term. Stop = Light . Take profit = maybe 1.33 {image}

now that would be a good area to get to! So maybe by the end of the year?
Insane in the Brain..
  • #662,997
  • Jun 10, 2022 8:57am Jun 10, 2022 8:57am
Quoting navk
why we take counter trend trade ? We feel low has reached. We feel this is not right place to sell, because it is oversold. So, we keep on buying. ha..ha..
Targeting TP @ 1.23400 - let's see!
  • #662,998
  • Jun 10, 2022 9:02am Jun 10, 2022 9:02am
Quoting samsha786
{quote} Targeting TP @ 1.23400 - let's see!
ok.

but why 2340 ?
Intraday only.
  • #662,999
  • Jun 10, 2022 9:05am Jun 10, 2022 9:05am
Few days ago I had posted this, SHS H4, still have planty od room, but 2350 is 61fibo so maybe bounce to neckline? Will see last positions bought hoping for 100 pips back for close all at 0 some divargance on H4 can make this
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People don't plan to lose. They lose because they don't plan.
  • #663,000
  • Jun 10, 2022 9:06am Jun 10, 2022 9:06am
...into dly part of this prev 4hr/dly sw lo to 2329, wkly s2 circa 2333, and that 61.8% 2198-2666 @ 2352
Trader with an Edge.
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