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Cable Update (GBPUSD)

  • #673,581
  • Aug 5, 2022 5:07am Aug 5, 2022 5:07am
Quoting eyefeelsix
{quote} more higher more better for me {image}
pending order 3pips missed cause sleep, my fortune's faded, nevermind

scenario if the price goes down ( medium to long term trading )

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https://breakpullback.com
  • #673,582
  • Edited 5:19am Aug 5, 2022 5:08am | Edited 5:19am
...another typical pre-big data market this London morning.
------------------------------------------
re wkly downtrend we've had big pullbacks before; ie 3161-3749, (588pips,) 2155-2666, (511pips,) and this last 1759-2293, (534pips) - if that's what it turns out to be and the downtrend continues on this t/f.

wkly below
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Trader with an Edge.
  • #673,583
  • Aug 5, 2022 5:18am Aug 5, 2022 5:18am
Quoting Pat Chiko
We have to realize that some winning trades are just lucky trades and had nothing to do with our skill as a trader. By the same token, we will also experience the bad luck of having prices make a sudden and unexpected move against us. Stay humble
i like to think of trades as not being bad luck or good luck. I put a bad trade down as a Good Loser. ie, if i lose i know how much im gonna lose before i even think about how much i will make. But also when i put a trade on i need to have a target of at least 55pips minimum. Bankers cant trade if they dont have 55pips they will get sacked. So im really good at losing and its controlling the losses thats kept me in the game and if i do get a really good setup i go all in. Just my 2cents

Also i think i do well as im not looking for lots of trades per day in the same pair. i just need a good entry and let it run. so no over trading for me
  • #673,584
  • Aug 5, 2022 5:24am Aug 5, 2022 5:24am
Quoting T721
{quote} i like to think of trades as not being bad luck or good luck. I put a bad trade down as a Good Loser. ie, if i lose i know how much im gonna lose before i even think about how much i will make. But also when i put a trade on i need to have a target of at least 55pips minimum. Bankers cant trade if they dont have 55pips they will get sacked. So im really good at losing and its controlling the losses thats kept me in the game and if i do get a really good setup i go all in. Just my 2cents Also i think i do well as im not looking for lots of...
Lets Celebrate
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #673,585
  • Aug 5, 2022 5:24am Aug 5, 2022 5:24am
Quoting JereMi256
{quote} Fomo entry?
Sorry for the late reply JereMi,
I'm on vacation... In the morning I do sports and I don't look at the PC until a certain time... I do more sports because I swim 40 minutes more.

Look at the image as I thought.

I think I will switch to short.

I wish you luck!
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God bless you JereMi and God bless everyone!
The only impartial feeling is love. It is also the only feeling of God.
  • #673,586
  • Aug 5, 2022 5:25am Aug 5, 2022 5:25am
This is how my GU chart is marked up. This if 4hr tf... so if im trading Daily or 4hr i know im going to be in all day or longer and i use multiple positions.

PS, im still short GU and EU, no idea if price will hit my targets but untill i get proven wrong im still short for now

Some really easy trades in this chart, market isnt always so kind
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  • #673,587
  • Aug 5, 2022 5:30am Aug 5, 2022 5:30am
...a lot of recent speculation that the rate of job hirings in U.S at least, will start to slowdown or worse, this site's forecast of +250k reflecting that, although last mth surprised to the upside. That said 1month is a long time and the inflationary pressures have continued to build resulting in fed's continued aggressive rate hikes. My guess, and it is only a guess, is that we could see a downside surprise on these numbers in this print later today, but no one knows really. The U.S job market may well turn out to be very resilient.
Trader with an Edge.
  • #673,588
  • Aug 5, 2022 5:31am Aug 5, 2022 5:31am
Quoting Pat Chiko
{quote} Note to your point is on Traders that "married into a position" get locked out when it completely reverse trends. Wise man wisdom is........ "You can lose money chasing women But you'll never lose women chasing money."
.. and whatever you do you will still be critised by others.
Stick with goal not mentioned here:
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  • #673,589
  • Aug 5, 2022 5:31am Aug 5, 2022 5:31am
Quoting Pat Chiko
{quote} Lets Celebrate{image}
lmao
  • #673,590
  • Aug 5, 2022 5:32am Aug 5, 2022 5:32am
Quoting Jolita
{quote} .. and whatever you do you still will still be critised by others. Stick with goal not mentioned here:{image}
That is so true
  • #673,591
  • Aug 5, 2022 5:39am Aug 5, 2022 5:39am
I think it may be a case of good NFP numbers and price dumps due to speculation of another 75bps raise in rates; bad NFP numbers and price still dumps due to fears of recession.
  • #673,592
  • Aug 5, 2022 5:40am Aug 5, 2022 5:40am
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yes yes yes
  • #673,593
  • Aug 5, 2022 5:42am Aug 5, 2022 5:42am
Quoting Moty
{image}
Not clear rejection, bearish still there
But lets wait m15 or h1 to close
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #673,594
  • Aug 5, 2022 5:43am Aug 5, 2022 5:43am
Quoting Jolita
{quote} .. and whatever you do you will still be critised by others. Stick with goal not mentioned here:{image}
Hey Sista...

Going to ask you some stupid question before NFP hit us.

This is about personality, individual personality and the market personality.
It's like a match between both.

Sometimes, the market simply didn't accept the ways we were approaching it with..
Thinking of the market as our wife (for men), or the pair as your wife, she can give you everything you want, only if you are approaching her the way she likes...

Women have different personalities, and what might work today, might not work tomorrow...
Is that how I should approach market ?
Sorry, I couldn't find a better similarity but this one, but I think it fits..
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #673,595
  • Aug 5, 2022 5:44am Aug 5, 2022 5:44am
Quoting Moty
{image}
I’m not so good of reading English, MAJOR TREND : DOWN in red hot and a big font on your chart doesn't mean that price desire to the downside?
  • #673,596
  • Aug 5, 2022 5:46am Aug 5, 2022 5:46am
Quoting LvMMT
{quote} Sorry for the late reply JereMi, I'm on vacation... In the morning I do sports and I don't look at the PC until a certain time... I do more sports because I swim 40 minutes more. Look at the image as I thought. I think I will switch to short. I wish you luck! {image} {image} God bless you JereMi and God bless everyone!
Crystal clear, thanks LvMMT.
Yeah, shorts have a sharper edge as of now. I'm still observing PA, so no trades yet!


Best regards & God's blessings to you too
Face 'ur fears & tame 'ur greed
  • #673,597
  • Aug 5, 2022 5:58am Aug 5, 2022 5:58am
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yes yes yes
  • #673,598
  • Aug 5, 2022 6:00am Aug 5, 2022 6:00am
Quoting Moty
{image}
Now seems rejection, but closed my buy with some pips a while , crucial time we got here now
Higher TF still no sign of breaking bears,
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10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #673,599
  • Aug 5, 2022 6:05am Aug 5, 2022 6:05am
Quoting Pat Chiko
{quote} Hey Sista... Going to ask you some stupid question before NFP hit us. This is about personality, individual personality and the market personality. It's like a match between both. Sometimes, the market simply didn't accept the ways we were approaching it with.. Thinking of the market as our wife (for men), or the pair as your wife, she can give you everything you want, only if you are approaching her the way she likes... Women have different personalities, and what might work today, might not work tomorrow... Is that how I should approach...

Hi Master Bro Pat,
Women compare men to children, men compare women to everything else men fall in love with their gadgets, cars...I simply don't get it!
Perhaps I live in a different part of the world, where woman are at the same level as the man and respected equally.
I don't really get cheesy jokes, rather find them insulting.
Women are strong these days, not to be joked around. Old days has ended long ago when women were housewives and mothers.
I know in some countries women have no rights and treated differently.

Financial markets is a well paid and a very risky job. To master the top profits best to leave women aside, do research and educate your self is the best.
Just a thought not a critisism Thanks, J
  • #673,600
  • Aug 5, 2022 6:14am Aug 5, 2022 6:14am
Quoting Jolita
{quote} Hi Master Bro Pat, Women compare men to children, men compare women to everything else men fall in love with their gadgets, cars...I simply don't get it! Perhaps I live in a different part of the world, where woman are at the same level as the man and respected equally. I don't really get cheesy jokes, rather find them insulting. Women are strong these days, not to be joked around. Old days has ended long ago when women were housewives and mothers. I know in some countries women have no rights and treated differently. Financial markets...
The Truth has been Spoken!!
I has been a child in front of my wife, love my gadged too.
But now im thinking to love my wife and child too . . .
As my wife growing too, as long as we can understand family need, it is not hard to understand Women
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
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