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Cable Update (GBPUSD)

  • #663,041
  • Jun 10, 2022 10:09am Jun 10, 2022 10:09am
Quoting JereMi256
Correction positions set bullish @1.2340 SL 1.2330
Stopped out.
Done for the week, next week i try again!

Trade safe, nice weekend to y'all,
+256
Face 'ur fears & tame 'ur greed
  • #663,042
  • Jun 10, 2022 10:11am Jun 10, 2022 10:11am
Quoting Whale
{quote} Watch bro, this inner box is old SRF on 4h if we will not trade those level what we should trade? {image}
It's not just about levels, it's about levels in the context of prevailing price action/trend, if/when they are tested again. Look at the way that level has been approached by price from above it today, do you think the greater probability is that it will hold for a long-term swing point or that it will break to the downside (at some point?) Of course, anything can happen but the probability is that, notwithstanding a swing point developing on some t/f's there - it probably won't be a longer-term swing point, given the aforegoing and the current fundamental situation?
Trader with an Edge.
  • #663,043
  • Jun 10, 2022 10:13am Jun 10, 2022 10:13am
Quoting navk
{quote} yes risk versus reward is better then predicting numbers. Let the market go wherever it wants to go. When we take a position, the risk versus reward is at least 1 : 1, that would be good.
Gem
https://breakpullback.com
  • #663,044
  • Jun 10, 2022 10:18am Jun 10, 2022 10:18am
Quoting Pat Chiko
GU Scalping re-entry after news {image}
Final try on GU scalp: (closed manually)
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 17 KB
"Exchange of hands"
  • #663,045
  • Jun 10, 2022 10:19am Jun 10, 2022 10:19am
Quoting hadi.ch
{quote} hi mr pat your hard work on GU finally paid off. i have a question if you have the time... can you tell me what happens during a compression? is it some sort of accumulation or distribution? a brief explanation would suffice.

Maybe this video help to explain CP

Inserted Video
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #663,046
  • Jun 10, 2022 10:25am Jun 10, 2022 10:25am
Quoting Pat Chiko
{quote} Maybe this video help to explain CP https://www.youtube.com/watch?v=pbLtgwCbIdY&t=3s
i hope you are not getting tired of my questions. thank you have a good weekend
  • #663,047
  • Jun 10, 2022 10:25am Jun 10, 2022 10:25am
Quoting Headland
{quote} It's not just about levels, it's about levels in the context of prevailing price action/trend, if/when they are tested again. Look at the way that level has been approached by price from above it today, do you think the greater probability is that it will hold for a long-term swing point or that it will break to the downside (at some point?) Of course, anything can happen but the probability is that, notwithstanding a swing point developing on some t/f's there - it probably won't be a longer-term swing point, given the aforegoing and the...
Stopped out.
maybe headland you
are right, from my eyes is was a good chance
  • #663,048
  • Jun 10, 2022 10:26am Jun 10, 2022 10:26am
Quoting elbert3
{image} nearly shall I just be greedy or is it trade with confidence. Might just bust through the box
Attached Image (click to enlarge)
Click to Enlarge Name: 1AD887BB-A512-4C96-90ED-C10D19C6FC53.png Size: 96 KB
2303 ?? As above
  • #663,049
  • Jun 10, 2022 10:27am Jun 10, 2022 10:27am
Can’t see a swing point at the moment the momentum is purely with the bears in this
Insane in the Brain..
  • #663,050
  • Jun 10, 2022 10:27am Jun 10, 2022 10:27am
Quoting elbert3
{quote} {image} 2303 ?? As above
If you look too left anybody remember playing the h/ s but look at the bigger picture. H/S simple
  • #663,051
  • Jun 10, 2022 10:29am Jun 10, 2022 10:29am
Quoting Headland
{quote} It's not just about levels, it's about levels in the context of prevailing price action/trend, if/when they are tested again. Look at the way that level has been approached by price from above it today, do you think the greater probability is that it will hold for a long-term swing point or that it will break to the downside (at some point?) Of course, anything can happen but the probability is that, notwithstanding a swing point developing on some t/f's there - it probably won't be a longer-term swing point, given the aforegoing and the...
dude.
you are already too complicated.
it should be much simpler.
  • #663,052
  • Jun 10, 2022 10:29am Jun 10, 2022 10:29am
Quoting bilal1947
D1 - Gold {image}
You holding this further? Incredible why I dont but it
People don't plan to lose. They lose because they don't plan.
  • #663,053
  • Jun 10, 2022 10:32am Jun 10, 2022 10:32am
Cable already 200 pips drop, wedge plus SHS maked it good
People don't plan to lose. They lose because they don't plan.
  • #663,054
  • Jun 10, 2022 10:33am Jun 10, 2022 10:33am
Live long and prosper
  • #663,055
  • Jun 10, 2022 10:36am Jun 10, 2022 10:36am
Quoting hadi.ch
{quote} i hope you are not getting tired of my questions. thank you have a good weekend
TIRED ?........

Ha ha ha.

You can asked anyone here about trading.

Everyone would love to help you at any time.

I've been here and many other thread, ... traders in this thread are superb & smart.

Ask question, I'm sure someone will step forward to help you.

PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #663,056
  • Jun 10, 2022 10:38am Jun 10, 2022 10:38am
Quoting navk
{quote} yes risk versus reward is better then predicting numbers. Let the market go wherever it wants to go. When we take a position, the risk versus reward is at least 1 : 1, that would be good.
navk, at the end your risk: reward ratio is also associated with the number. There is no difference in my opinion.
Attached Image (click to enlarge)
Click to Enlarge Name: Gu 06.10 1H.b.png Size: 41 KB
Always trade your own plan...I don't provide trading signals.
  • #663,057
  • Jun 10, 2022 10:43am Jun 10, 2022 10:43am
I will take a buy on Monday anywhere from 1.23 to target 1.27... second buy limit will also be set at 1.2160 to target same 1.2700.

It's Swing time for me.
Data + Stat + Risk/Emotions Management
  • #663,058
  • Jun 10, 2022 10:47am Jun 10, 2022 10:47am
I'm done today. Closed all short. Waite monday. Goodluck all bros
Attached Image (click to enlarge)
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  • #663,059
  • Jun 10, 2022 10:49am Jun 10, 2022 10:49am
Quoting Georginson
I will take a buy on Monday anywhere from 1.23 to target 1.27... second buy limit will also be set at 1.2160 to target same 1.2700. It's Swing time for me.
If we closed today wave 2 from Daily, wave 3 can super hiper fast get you there wish you luck and for me too
People don't plan to lose. They lose because they don't plan.
  • #663,060
  • Jun 10, 2022 10:51am Jun 10, 2022 10:51am
Quoting Pat Chiko
{quote} TIRED ?........ Ha ha ha. You can asked anyone here about trading. Everyone would love to help you at any time. I've been here and many other thread, ... traders in this thread are superb & smart. Ask question, I'm sure someone will step forward to help you. PAT
i agree. always thought trading is lonely game but everyone here is so supportive and positive. i appreciate all of you guys
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