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Cable Update (GBPUSD)

  • #671,141
  • Jul 22, 2022 7:24am Jul 22, 2022 7:24am
Quoting jayvicious
{quote} What's the indicator that draws your pivot ,i'm quite interested
Me dont understand too , but the indicator i use is this MA, but adjusted and seems working for me with m1(m5 at most) with my trendline manual draw, other indicator was only standart indicator from mt4 that i use before but still there for learning
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Quoting Chris_35
{quote} I understand the possible losses but maybe better to hedge it rather than letting SL take your money all the time. Most tight SL get taken out on GBP/USD majority of the time
I dont really understand with hedge(does hedge mean opening position agains first position?), If it is SL buy stop sell Stop buy limit sell limit does this, even with hedge with little knowledge, we may still trapped
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #671,142
  • Jul 22, 2022 7:28am Jul 22, 2022 7:28am
Quoting Pat Chiko
{quote} UJ Scalp ing {image}
UJ

End of Scalping.
Straight forward set up and trades.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #671,143
  • Jul 22, 2022 7:29am Jul 22, 2022 7:29am
Quoting Moty
{image}
Your rocket still on his ways
Regreting not take in train on the drop before at 1.194xx ish but my chart says it still limited UP unless broke in a weirdest way at 1.1990
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10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #671,144
  • Jul 22, 2022 7:34am Jul 22, 2022 7:34am
Quoting Pat Chiko
{quote} UJ End of Scalping. Straight forward set up and trades. {image}
Holly molly!!
Is that usd account or cent??
I know some trader made big profit, but this is too much even two of them is worth of my longlife saving
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #671,145
  • Jul 22, 2022 7:35am Jul 22, 2022 7:35am
Quoting GODofMC
{quote} Your rocket still on his ways Regreting not take in train on the drop before at 1.194xx ish but my chart says it still limited UP unless broke in a weirdest way at 1.1990 {image}
But it maybe landing later this p.m
  • #671,146
  • Jul 22, 2022 7:48am Jul 22, 2022 7:48am
Quoting Pat Chiko
{quote} GU Good place to add position ?. {image}
GU

Loss these trades.

A challenge for trader to be precise in trading in side market with multiple major data release and news impacted this pair this week.

Recovery small loss from last trades.

Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #671,147
  • Jul 22, 2022 7:52am Jul 22, 2022 7:52am
Quoting GODofMC
{quote} Holly molly!! Is that usd account or cent?? I know some trader made big profit, but this is too much even two of them is worth of my longlife saving
What do you focus in trading. ?.

Money
Indicator
Set up

If you know the answer, you will be successful by following three simple rule in trading

Mindset
Fundamental
Technical Analysis/Set Up

Size of account doesn't matter, all the same mindset.

Gud luck.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #671,148
  • Jul 22, 2022 7:53am Jul 22, 2022 7:53am
Quoting Chris_35
{quote} But it maybe landing later this p.m
Could be, RED vertical line is pucked up position could be bouncing up and down
And only blue line is main trendline althought it is m1-m5
But forming a con shape

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On addition, if i drew new(yellow) line to bullish line, it could be and valid UP
Updated 1: here is the new line,
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But i prefer the first picture or my old messed line
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #671,149
  • Jul 22, 2022 7:57am Jul 22, 2022 7:57am
Quoting Pat Chiko
{quote} What do you focus in trading. ?. Money Indicator Set up If you know the answer, you will be successful by following three simple rule in trading Mindset Fundamental Technical Analysis/Set Up Size of account doesn't matter, all the same mindset. Gud luck.
Im using set up but blown in gbp/jpy , today is not my day. gonna find some position to enter later
fflush was here
  • #671,150
  • Jul 22, 2022 7:59am Jul 22, 2022 7:59am
come on gj
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yes yes yes
  • #671,151
  • Jul 22, 2022 7:59am Jul 22, 2022 7:59am
Quoting Moty
show me the money {image}
Literally waiting on this kind of break myself.. 10pm last night was very strange, we touched 1.2 just in time, so it must have been expiry.. I think that + this slow PA is quite telling for 1.2020 at least soon
  • #671,152
  • Jul 22, 2022 8:05am Jul 22, 2022 8:05am
EU

No meat set up, only bones left for scalp

Not juicy pair to trade as the set up are limited the range.

Even the EU rates and news failed to lift this pair up.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #671,153
  • Jul 22, 2022 8:05am Jul 22, 2022 8:05am
All trades closed (at the moment ) Down on the day so far, because of trades I took earlier in the week. But weeks balance is nicely up. So back trading with first two weeks positive.
  • #671,154
  • Jul 22, 2022 8:07am Jul 22, 2022 8:07am
Quoting Moty
come on gj {image}
beware usd news moty, it will impact gbp
fflush was here
  • #671,155
  • Jul 22, 2022 8:11am Jul 22, 2022 8:11am
Just Popping bye to read a bit and say hello and wish a happy Friday to all !!!!!

Quoting carbonmimeti
{quote} I learned the technique of crossing the lines at 45 ° on a scale graph thanks to the videos of HWSTEEL on youtube I then add the time cycles, if you see from the minimum to the minimum 13 bars have passed on the 5 min ... then a cycle to an hour and then it went up. unfortunately I was away from home and I caught him late
Thanks a lot, good stuff !
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #671,156
  • Jul 22, 2022 8:12am Jul 22, 2022 8:12am
Quoting Pat Chiko
{quote} GU Loss these trades. A challenge for trader to be precise in trading in side market with multiple major data release and news impacted this pair this week. Recovery small loss from last trades. {image}
GU

Coming to squeeze price till next week.
Any breakout to either, need to be tested.
Limited to symmetrical triangle

That's all for the week.

Good luck
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #671,157
  • Jul 22, 2022 8:15am Jul 22, 2022 8:15am
Gbpusd long
sl 1.19422
tp 1.20234
My telegram: https://t.me/avidforex
  • #671,158
  • Jul 22, 2022 8:19am Jul 22, 2022 8:19am
Quoting jayvicious
{quote} What's the indicator that draws your pivot ,i'm quite interested

You can manually calculate or easier to download pre-set indicator. I use IG markets, Pivots R & S indicator is available to apply on my chart.
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Depends which formula and time you use, there are many options.

For example if you use daily candle you use daily High / Low /Open / Close and divide / by 4
if you use High, Low and Close / 3

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You could also use this calculator to calculate for you -
Pivot Point Calculator

Pivot Point Indicator (Indicator Download) (perfecttrendsystem.com)

Hope this helps!
  • #671,159
  • Jul 22, 2022 8:25am Jul 22, 2022 8:25am
Quoting JereMi256
{quote} Added on RT @1.1932 SL 1.1905
Taken partials +37pips
Closed all now,will look to re-enter after news maybe
Face 'ur fears & tame 'ur greed
  • #671,160
  • Jul 22, 2022 8:26am Jul 22, 2022 8:26am
Quoting Pat Chiko
{quote} What do you focus in trading. ?. Money Indicator Set up If you know the answer, you will be successful by following three simple rule in trading Mindset Fundamental Technical Analysis/Set Up Size of account doesn't matter, all the same mindset. Gud luck.
Tracing back to my previous trading style i only interesting in money, i could making $ 5 to $50 (through scalp 1-10 pips maybe about $1-$18 pertrade,mostly under $10) per day on margin $200-$1000, but other side i could lose that $1000 or MCed at worst whatever margin i had at 1-2 days trading. Opening position at whatever i like, guessing news, fear by what other said and etc

i've seen moty post with his consistence trade and setup, and i started my trading style and got a lot this day was about 15-40 pips. The lowest one was 12 pips caused by tight trailing SL

And now starting to change mindset to grow better, targeting 30 pips above, with good MM, SL and TP, no trade with clouding entry, lucky yesteday and today looted $90 and $100 with low risk and starting margin at $170, this is my best trade ever since i started trade at 2011, trading only 1-2 month per years since MCed on all deposit
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
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