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Cable Update (GBPUSD)

  • #675,101
  • Aug 11, 2022 2:59pm Aug 11, 2022 2:59pm
Quoting pipsofacto
{quote} Yeah, I didn't know a lot of the answers so I tried to exclude what I thought was obviously wrong and took a guess at what remained. I don't put a lot of credence on tests like that, but you are right, they are fun. Cheers.
That's how we take the tests with multiply choices for answers... smart man.
Always trade your own plan...I don't provide trading signals.
  • #675,102
  • Aug 11, 2022 3:03pm Aug 11, 2022 3:03pm
Good day. I loved the range.
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  • #675,103
  • Aug 11, 2022 3:52pm Aug 11, 2022 3:52pm
Closed all positions. Off to bed
  • #675,104
  • Aug 11, 2022 3:58pm Aug 11, 2022 3:58pm
Quoting Mitiblotch
Good day. I loved the range. {image}
Killing it, some good trading
  • #675,105
  • Aug 11, 2022 4:06pm Aug 11, 2022 4:06pm
Quoting GODofMC
{quote} Im myself always in doubt, thats why i posting a lot expressing my view, so that other member may correct it if it feel wrong. Even when opening a trade i always not consistent with TP/SL keep moving it .
No one can really tell you if you are right or wrong.... Everyone's system is different. For a start we are all working on different timescales, stop losses, scalping swing etc. The only thing you can do is back test your system.
Don't trade what you think. Just what you see!!!
  • #675,106
  • Aug 11, 2022 5:04pm Aug 11, 2022 5:04pm
Night RatFans!!! 7am could send us over 123 or below 121
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Insane in the Brain..
  • #675,107
  • Aug 11, 2022 5:11pm Aug 11, 2022 5:11pm
Quoting thatRichDude
{quote} Correct. You can determine your range based on recent moves. The algorithm books price based on time before price not the other way. If you notice after london close, price has been slowly dropping, why? A question to ponder on. Kind regards, RD.
If you backtest this theory long enough you see that your statement is not entire true either. It’s much larger than just “algorithm and time” ICT theory.
How to succeed in zero sum game?
  • #675,108
  • Aug 11, 2022 6:02pm Aug 11, 2022 6:02pm
"I love this game, I live this game. there's a thousand other guys waiting in the wings who are obsessed with this game. obsession is gonna beat talent every time. you got all the talent in world, but are you obsessed?"-adam sandler
be a thinker before being a reacter
  • #675,109
  • Aug 11, 2022 6:02pm Aug 11, 2022 6:02pm
Quoting Reverso
{quote} Sadly, hit SL, the worse thing is tp was nearly hit, then go back all the way to sl, but it's ok, i followed the rule to not manually exit and let it ride to destination, destiny chose sl, market wants to take back some from me, it's fine, hope tomorrow will be good.
Did you not have a moving S/L or is that not in your rules
  • #675,110
  • Aug 11, 2022 6:24pm Aug 11, 2022 6:24pm
Quoting boodvah
"I love this game, I live this game. there's a thousand other guys waiting in the wings who are obsessed with this game. obsession is gonna beat talent every time. you got all the talent in world, but are you obsessed?"-adam sandler
That's an awesome quote! I definitely agree with it. It's all about obsession and passion. Not talent, not info, not money. It's the hunger for success and loving the game that keeps us sharp everyday
You have to have an IQ higher than 90 to interact with this user.
  • #675,111
  • Aug 11, 2022 7:18pm Aug 11, 2022 7:18pm
Ok so we have a range.
Price tantalizingly hovers above yesterday's low.
A dip under will bring out the bulls.
  • #675,112
  • Aug 11, 2022 7:31pm Aug 11, 2022 7:31pm
target hit , y's pivot
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yes yes yes
  • #675,113
  • Aug 11, 2022 7:40pm Aug 11, 2022 7:40pm
Quoting thatRichDude
{quote} Correct. You can determine your range based on recent moves. The algorithm books price based on time before price not the other way. If you notice after london close, price has been slowly dropping, why? A question to ponder on. Kind regards, RD.
I am not the brightest bulb in the light fixture, but illumination slowly occurs...

I have to assume that your assertion is that market makers are moving the price down to pick the liquidity in the 1.2090 - 1.2130 range to then move up to the 1.2310 - 1.2335 range upon the news.

Help me if I am reading you wrong.

Green pips to you!
Tall tails tell tales.
  • #675,114
  • Aug 11, 2022 7:47pm Aug 11, 2022 7:47pm
50 % is like magic , placed right on the daily s1
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yes yes yes
  • #675,115
  • Aug 11, 2022 8:37pm Aug 11, 2022 8:37pm
Probably a long day above 2175
Intraday only.
  • #675,116
  • Edited 9:07pm Aug 11, 2022 8:47pm | Edited 9:07pm
Already in long
First target 2215, second target 2249

Only reason why this might fail is that we may drop a range before shooting up.
  • #675,117
  • Aug 11, 2022 9:07pm Aug 11, 2022 9:07pm
Quoting navk
Probably a long day above 2175
I think it will be Red candle
I'll not opening any position till london
But even with that in mind I still open any buy and sell that can be profitable
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10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #675,118
  • Aug 11, 2022 9:20pm Aug 11, 2022 9:20pm
I have a very tight stop on this one.
We are in a range between cycles, and these ones are a bit special.

Given that we shot up this week, there's a possibility of further pullback.
  • #675,119
  • Aug 11, 2022 9:24pm Aug 11, 2022 9:24pm
Quoting Coreg2004
{quote} Whale, we can't say anything about the timing yet bc we don't know if W:4 is in place. {image}
oops im so stupied, it refers to the time, LOL, missed the header

sorry for bother. Good night
  • #675,120
  • Aug 11, 2022 10:03pm Aug 11, 2022 10:03pm
Possible range to play for today.
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