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Cable Update (GBPUSD)

  • #676,661
  • Aug 18, 2022 11:04am Aug 18, 2022 11:04am
Wow got ignored by a member because i didn't strictly post GU related things, his ignore list is 57 members lol, i looked at his posts i saw him telling other members in here to refrain from posting anything unrelated to this thread, even warned Moty about it to not post aussie stuffs here. Seems like a hardcore member with no chill, there are all kinds of people in this world.
https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 50.4%
  • #676,662
  • Aug 18, 2022 11:04am Aug 18, 2022 11:04am
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yes yes yes
  • #676,663
  • Aug 18, 2022 11:06am Aug 18, 2022 11:06am
Quoting Pat Chiko
{quote} GU End of scalping. Last three piece to go. Just a structure/RT & follow the money, coz "When Money Talks, Greed Listens." Trade Safe & Good luck {image}
Should there be a retrace of any sort I’d look at 120-12010 gives it a round 40-50 pip movement before a potentially bigger drop to below 119. It’s been on the cards for a while now
Insane in the Brain..
  • #676,664
  • Aug 18, 2022 11:07am Aug 18, 2022 11:07am
Quoting Reverso
Wow got ignored by a member because i didn't strictly post GU related things, his ignore list is 57 members lol, i looked at his posts i saw him telling other members in here to refrain from posting anything unrelated to this thread, even warned Moty about it to not post aussie stuffs here. Seems like a hardcore member with no chill, there are all kinds of people in this world.
dude I envy you I haven’t had one yet.. feeling left out
Insane in the Brain..
  • #676,665
  • Aug 18, 2022 11:12am Aug 18, 2022 11:12am
Quoting Reverso
{quote} Ask yourself, do you have a working system? Is it something that can be repeated over and over again (with concrete rules) in the long run with net profit? Back in the day i trade without target, i exit when i see some profit, i exit when i feel the trade is bad, i accumulate a lot small profit, eventually the amount from usd 100 to 200, but somehow i lost it all when I'm facing bad streaks and tempted to revenge trade. Yes i made 100% on that usd 100 account, but so what? There was no system, no rules, it was destined to fail at some point....
I dont know even if have it, most of the time my psyco doesnt let me to use it .
if i use smaller lot i think i can endure SL and TP, but mainly i use bigger lot, so too much pressure.
I hope i can use money management soon, coz i think that the biggest problem i have now and the second one is system (which if i got decent MM, system can just follow)
I think i just got lucky my latest deposit can endure 15 days
Thanks to remind me
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #676,666
  • Aug 18, 2022 11:13am Aug 18, 2022 11:13am
It's as if I put the indicators on the chart for show
I'm really stupid
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yes yes yes
  • #676,667
  • Aug 18, 2022 11:16am Aug 18, 2022 11:16am
Quoting Reverso
Wow got ignored by a member because i didn't strictly post GU related things, his ignore list is 57 members lol, i looked at his posts i saw him telling other members in here to refrain from posting anything unrelated to this thread, even warned Moty about it to not post aussie stuffs here. Seems like a hardcore member with no chill, there are all kinds of people in this world.
Thing is trading is boring. This tread is a way of filling the void. If all I could do is show my charts. I would not bother posting ... 57 members. What does he do? Post to himself!
Don't trade what you think. Just what you see!!!
  • #676,668
  • Aug 18, 2022 11:16am Aug 18, 2022 11:16am
Quoting BeeTogether
{quote} dude I envy you I haven’t had one yet.. feeling left out
Bro, me too.

Quoting Moty
It's as if I put the indicators on the chart for show I'm really stupid {image}
Moving averages and related staff are lagging indicators, the day you will delete them from your inventory is the day i will follow you again!
Face 'ur fears & tame 'ur greed
  • #676,669
  • Aug 18, 2022 11:23am Aug 18, 2022 11:23am
Alright things started to get interesting, just got an alarm which i never want to turn off, price touched the upper end of my long term pivot, i definitely want to trade bounces from here, waiting for bullish engulfing confirmation at 1.19876 then i will enter Long, SL recent low.

Or if the down pressure is so high break all the way thru lower end of long term pivot, then the bigger trend will switch to bear. Let's see if i get to long this bounce later.
https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 50.4%
  • #676,670
  • Aug 18, 2022 11:23am Aug 18, 2022 11:23am
dx at res zone
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a140-160 pips move up is coming
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yes yes yes
  • #676,671
  • Aug 18, 2022 11:24am Aug 18, 2022 11:24am
We have 4hrs 36 minutes till Us markets closed gu has ONLY fallen 110 pips from todays high
average dude treading water
  • #676,672
  • Aug 18, 2022 11:25am Aug 18, 2022 11:25am
Quoting BeeTogether
{quote} Should there be a retrace of any sort I’d look at 120-12010 gives it a round 40-50 pip movement before a potentially bigger drop to below 119. It’s been on the cards for a while now
GU

Let it breathe, as it is sitting at Daily flip zone.

Need to watch what price is doing ...ie start to accumulate ?. on just a weekend pit stop to continue lower.

Anything possible with this pair, just watch the News and a bit of Fundamental understanding will help to path our trade into correct decision making.

As a scalper , I use Daily & HF for trade set up.

Trade Safe Bro
Take Care
Wish you the best.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #676,673
  • Aug 18, 2022 11:26am Aug 18, 2022 11:26am
Quoting Moty
It's as if I put the indicators on the chart for show I'm really stupid {image}
No SL trade somtimes trap US
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #676,674
  • Aug 18, 2022 11:27am Aug 18, 2022 11:27am
Quoting BeeTogether
{quote} dude I envy you I haven’t had one yet.. feeling left out
Good things come to those who wait. But better things come to those who work for it
  • #676,675
  • Aug 18, 2022 11:28am Aug 18, 2022 11:28am
Quoting Theoak
{quote} Thing is trading is boring. This tread is a way of filling the void. If all I could do is show my charts. I would not bother posting ... 57 members. What does he do? Post to himself!
Well said! I was about to post the same message but i deleted it. The day i realised that life is about perspective, is the day i learnt to keep quiet sometimes when i see something wrong.

We see a 6, the guy sees a 9 simple logic and 2 heads cant be better than one!
Face 'ur fears & tame 'ur greed
  • #676,676
  • Aug 18, 2022 11:32am Aug 18, 2022 11:32am
Quoting GODofMC
Look like everybody active here at least good trader, only me never banked any profit , my profit alwyas came and gone along with deposited paper
nobody is sharing an ascending profit curve pic here, analyzing is not trading and you can't say that one trader and that one is not.
IgorFX
  • #676,677
  • Aug 18, 2022 11:33am Aug 18, 2022 11:33am
Quoting GODofMC
{quote} I dont know even if have it, most of the time my psyco doesnt let me to use it . if i use smaller lot i think i can endure SL and TP, but mainly i use bigger lot, so too much pressure. I hope i can use money management soon, coz i think that the biggest problem i have now and the second one is system (which if i got decent MM, system can just follow) I think i just got lucky my latest deposit can endure 15 days Thanks to remind me
You can start by clearly typing it down into your excel file, ask yourself what do you want to see if you want to go Long / Short, if condition not met, then no trade. As for lot size, if big lot gives pressure to you, just switch to lower lot. Psychology is a tricky thing, if you feel pressured, it means the amount is considered big to you and you are afraid to lose it, it can impact your judgement and cause you make wrong decision. Personally my use of 2.5% per SL is considered quite big to me, its around 100 usd per SL, but i can offset this pressure by having high discipline by following thru my rules, preventing me from making too many bad decisions, plus I need to retire early, higher risk is the only way to go, I'm racing with time, i do not have much time left, i need to retire before 30, I'm 27 now. It's just a personal goal for me to get out of wage slave, I'm a healthy individual.
https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 50.4%
  • #676,678
  • Aug 18, 2022 11:33am Aug 18, 2022 11:33am
Today, perhaps, it will reach 1.1950-1935 I wouldn't enter right now. Tomorrow might roll...
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IgorFX
  • #676,679
  • Aug 18, 2022 11:35am Aug 18, 2022 11:35am
Quoting Reverso
Wow got ignored by a member because i didn't strictly post GU related things, his ignore list is 57 members lol, i looked at his posts i saw him telling other members in here to refrain from posting anything unrelated to this thread, even warned Moty about it to not post aussie stuffs here. Seems like a hardcore member with no chill, there are all kinds of people in this world.
Change your character picture!
Don't trade what you think. Just what you see!!!
  • #676,680
  • Aug 18, 2022 11:36am Aug 18, 2022 11:36am
Quoting ForexGoose
https://www.youtube.com/watch?v=4F4qzPbcFiA is it a trap at 1.20 for bears? {image}
bulls got trapped

bears are targeting 1.187 next
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
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