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Cable Update (GBPUSD)

  • #677,841
  • Aug 23, 2022 8:40pm Aug 23, 2022 8:40pm
the 9600 lvl held like a champ....like a champ!!!
  • #677,842
  • Aug 23, 2022 8:43pm Aug 23, 2022 8:43pm
Quoting ashur123
testing support. TP 1.207 {image}
THAT IS A NEW INDICATOR THAT NEVER SEE BEFORE
do you mind to post it?
  • #677,843
  • Aug 23, 2022 9:03pm Aug 23, 2022 9:03pm
Preferable Long. Range 1790 to 1875
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #677,844
  • Aug 23, 2022 9:09pm Aug 23, 2022 9:09pm
This market has no sense anymore. I would say America is doing excellent perhaps and there's a world war 3 going on and because of that Pound and Euro are this weak, but no, America is in similar shit as is Europe and GB. So far them to lose this much value over USD makes no sense whatsoever anymore I don't care in how much shit Europe and GB are in. This is not economics, this is f nonsense.
Perhaps the Pound being the strongest currency is also a f nonsense. Euro should be the strongest currency by far and wide. It's not EUR/GBP and EUR/USD for no reason..
  • #677,845
  • Aug 23, 2022 9:24pm Aug 23, 2022 9:24pm
Quoting Matej.FX
This market has no sense anymore. I would say America is doing excellent perhaps and there's a world war 3 going on and because of that Pound and Euro are this weak, but no, America is in similar shit as is Europe and GB. So far them to lose this much value over USD makes no sense whatsoever anymore I don't care in how much shit Europe and GB are in. This is not economics, this is f nonsense. Perhaps the Pound being the strongest currency is also a f nonsense. Euro should be the strongest currency by far and wide. It's not EUR/GBP and EUR/USD for...
No need to make sense and try not to over think all the world news. It will just drive you crazy. Just trade what you see, keep your losses smaller than your wins, all will work out
Emotional Control. Process, not outcome.
  • #677,846
  • Aug 23, 2022 9:26pm Aug 23, 2022 9:26pm
okay lets back to daily open since failed to break 1.8000
  • #677,847
  • Aug 23, 2022 9:29pm Aug 23, 2022 9:29pm
Quoting Konichiwhaat
{quote} No need to make sense and try not to over think all the world news. It will just drive you crazy. Just trade what you see, keep your losses smaller than your wins, all will work out
That's what I have been doing wrong!
Tall tails tell tales.
  • #677,848
  • Aug 23, 2022 9:32pm Aug 23, 2022 9:32pm
Quoting voeltoez
okay lets back to daily open since failed to break 1.8000
Well, for starters yesterday's Daily candle closed above the one on Monday which is definitely good for Bulls. However, they didn't manage to hold their lead and lost much of the advantage throughout the day after the news.
  • #677,849
  • Aug 23, 2022 9:59pm Aug 23, 2022 9:59pm
Quoting pipsofacto
{quote} That's what I have been doing wrong!
This, for me at least, is crucial. I usually have a 40-45% hit rate over a 20 trade period, so more losses than wins, but wins are always bigger than losses.
Emotional Control. Process, not outcome.
  • #677,850
  • Aug 23, 2022 10:09pm Aug 23, 2022 10:09pm
Quoting Konichiwhaat
{quote} This, for me at least, is crucial. I usually have a 40-45% hit rate over a 20 trade period, so more losses than wins, but wins are always bigger than losses.

You must be very very very wealthy Konichiwhaat son?????
  • #677,851
  • Aug 23, 2022 10:29pm Aug 23, 2022 10:29pm
Quoting ninner
{quote} You must be very very very wealthy Konichiwhaat son?????
I make a living, trying to keep cool and consistent in the loosing streaks
Emotional Control. Process, not outcome.
  • #677,852
  • Aug 23, 2022 10:41pm Aug 23, 2022 10:41pm
I fouled up my analysis yesterday. This is what stop losses are for.

hindsight is always a good teacher though.
looking at how price is straddling now, it would have to dip below yesterday’s low for a bull trend to kick in.

Selling resumes…
  • #677,853
  • Aug 23, 2022 10:58pm Aug 23, 2022 10:58pm
Patiently waiting for cable to retest yesterday's Newyork session low before going long.
Who is with me?
  • #677,854
  • Aug 23, 2022 11:00pm Aug 23, 2022 11:00pm
there is a support at 1800 for yesterday high. or 1835/30

Then the Price may fail for dip.
Intraday only.
  • #677,855
  • Aug 23, 2022 11:39pm Aug 23, 2022 11:39pm
Attached Image (click to enlarge)
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yes yes yes
  • #677,856
  • Aug 24, 2022 12:02am Aug 24, 2022 12:02am
im done scalping..left 4 position long eu gu...need to sleep and charge my phone..lol
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  • #677,857
  • Aug 24, 2022 12:03am Aug 24, 2022 12:03am
tight day
Attached Image (click to enlarge)
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  • #677,858
  • Edited 12:24am Aug 24, 2022 12:10am | Edited 12:24am
i think this mini up trend is done should see some down moves now off the higher timeframes!
Don't trade what you think. Just what you see!!!
  • #677,859
  • Aug 24, 2022 12:27am Aug 24, 2022 12:27am
Quoting Theoak
i think this mini up trend is done should see some down moves now off the higher timeframes!
After D1 engulf I see only up today and tommarow
People don't plan to lose. They lose because they don't plan.
  • #677,860
  • Aug 24, 2022 12:28am Aug 24, 2022 12:28am
Quoting Theoak
i think this mini up trend is done should see some down moves now off the higher timeframes!
trade taken, stop / target set,
Attached Image (click to enlarge)
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