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Cable Update (GBPUSD)

  • #677,401
  • Aug 22, 2022 7:30am Aug 22, 2022 7:30am
Quoting ForexGoose
{quote} waiting for 1.176 to be broken soon bulls are failing
this is what I see on the chart after 1.176 breaks

my sell limit, targets, and stop loss is shown

it can still fall to 1.146 quickly though
Attached Image (click to enlarge)
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #677,402
  • Aug 22, 2022 7:31am Aug 22, 2022 7:31am
Quoting Theoak
{quote} Got taken out of this, but defo signs of the BULL. Might have a another go in a bit! For Queen and Country!!
Long in at 1.1815 target 1.1832
Don't trade what you think. Just what you see!!!
  • #677,403
  • Aug 22, 2022 7:36am Aug 22, 2022 7:36am
Can anyone chime in on this person's comment?
Is it that bad?
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https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 58.1%
  • #677,404
  • Aug 22, 2022 7:38am Aug 22, 2022 7:38am
Looks like directionless/ranging instead.
Not long ago, I was thinking I will finally get a Short entry, yet again reject off lower key level.
It's kind of coincidental, all the rejection off that level coincides with me being busy with my life, the first 3 rejections was me in a busy meeting, the last rejection was me driving home, I'm home now of course.

No entry until criteria in my rule book hits. It needs to break somewhere eventually.
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https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 58.1%
  • #677,405
  • Aug 22, 2022 7:38am Aug 22, 2022 7:38am
Quoting ForexGoose
{quote} this is what I see on the chart after 1.176 breaks my sell limit, targets, and stop loss is shown it can still fall to 1.146 quickly though {image}
Good I see this chart usually when Im longing your sell limits being hit
People don't plan to lose. They lose because they don't plan.
  • #677,406
  • Aug 22, 2022 7:40am Aug 22, 2022 7:40am
Quoting PatienceFx
{quote} {image}
booked
  • #677,407
  • Aug 22, 2022 7:40am Aug 22, 2022 7:40am
Which one first choose one -
11920 for bulls
or 11760 for bears

Attached Image (click to enlarge)
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  • #677,408
  • Aug 22, 2022 7:41am Aug 22, 2022 7:41am
Quoting ScalaFX
{quote} Im copying Motys from last week
People loose their account only in strong trending market.
Most of us are used to trade counter or buy low sell high type.
We never know what is high or low.
Anybody knows why the price dropped today to 1785 but did not test 1760 ?
Random market.
Scalping is best.
Intraday only.
  • #677,409
  • Aug 22, 2022 7:43am Aug 22, 2022 7:43am
Quoting Reverso
Can anyone chime in on this person's comment? Is it that bad? {image}
their comment doesn't make sense to me

there are ordinary people who don't have any advanced education and they are successful traders

read this book for more information:

Attached Image (click to enlarge)
Click to Enlarge Name: 41XfL9jJKpL._SX338_BO1,204,203,200_.jpg Size: 24 KB

https://www.amazon.com/Way-Turtle-Me...s%2C196&sr=8-4
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #677,410
  • Aug 22, 2022 7:44am Aug 22, 2022 7:44am
Quoting Jolita
Which one first choose one - 11920 for bulls or 11760 for bears {image}
1410 for me please
  • #677,411
  • Aug 22, 2022 7:47am Aug 22, 2022 7:47am
Quoting PatienceFx
{quote} 1410 for me please
Maybe next year
People don't plan to lose. They lose because they don't plan.
  • #677,412
  • Aug 22, 2022 7:48am Aug 22, 2022 7:48am
Quoting navk
{quote} People loose their account only in strong trending market. Most of us are used to trade counter or buy low sell high type. We never know what is high or low. Anybody knows why the price dropped today to 1785 but did not test 1760 ? Random market. Scalping is best.
yes very it seemed the area of bounce was the new support
Insane in the Brain..
  • #677,413
  • Aug 22, 2022 7:54am Aug 22, 2022 7:54am
The assumptions of the Gu going the direction of Asia seem to have been stalled for today monday, or can there be a second twist
Keep the Lights on then you can catch the rise from the dark.
  • #677,414
  • Aug 22, 2022 7:55am Aug 22, 2022 7:55am
Quoting ForexGoose
{quote} their comment doesn't make sense to me there are ordinary people who don't have any advanced education and they are successful traders read this book for more information: {image} https://www.amazon.com/Way-Turtle-Me...s%2C196&sr=8-4
if you were to draft a compelling reply to him, how would you write it?
anyone is open to chime in how it should be replied, best reply i will post it to that forum and let him know how foolish he is
https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
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  • #677,415
  • Aug 22, 2022 7:56am Aug 22, 2022 7:56am
Quoting ScalaFX
{quote} Maybe next year
I can say Parity also.

But there are different level traders in this forum so I refrain from saying that.

At the best I can say 1760.

Reasonable target for shorts.
Intraday only.
  • #677,416
  • Aug 22, 2022 7:57am Aug 22, 2022 7:57am
1 eur= 1 doller right now
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good luck
  • #677,417
  • Aug 22, 2022 7:59am Aug 22, 2022 7:59am
Quoting Reverso
{quote} if you were to draft a compelling reply to him, how would you write it? anyone is open to chime in how it should be replied, best reply i will post it to that forum and let him know how foolish he is

The person who wrote that thing is a bitter, failed trader. Ignore him. Retail traders succeed every now and then. For every Ronaldo or Messi, or even Maguire, there are millions of failed footballers who never got their careers started off until they got old and quit after wasting their youthful years. Does that make football a profession not worth pursuing?
  • #677,418
  • Aug 22, 2022 8:03am Aug 22, 2022 8:03am
Quoting navk
{quote} I can say Parity also. But there are different level traders in this forum so I refrain from saying that. At the best I can say 1760. Reasonable target for shorts.
Bulls are already here I think, till end of the week will be many many more
People don't plan to lose. They lose because they don't plan.
  • #677,419
  • Aug 22, 2022 8:06am Aug 22, 2022 8:06am
Quoting ScalaFX
{quote} Bulls are already here I think, till end od week will be many many more
To me the ADR is not yet done today.

The bears seem to have got exhausted.

Should test daily pivot and more.

Let us see.

NY just started.
Intraday only.
  • #677,420
  • Aug 22, 2022 8:10am Aug 22, 2022 8:10am
Quoting ScalaFX
{quote} Bulls are already here I think, till end od week will be many many more
the cattle is trying to fight back from 1.18, but their resistance is futile

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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
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