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Cable Update (GBPUSD)

  • #681,241
  • Sep 6, 2022 4:07am Sep 6, 2022 4:07am
A bullish engulfing close back above lower key level, triggering Long.
Entry 1.15744, SL 1.15480, TP 1.16141.
Trade not doing so well after entering it, about 33% in SL now.
Let's see.
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https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 50.4%
  • #681,242
  • Sep 6, 2022 4:07am Sep 6, 2022 4:07am
Quoting buffedmage
most of retail got into end of 3 , while institutional got into beginning and pro traders got into end of 2....psychology behind moves.. {image}
been so true , based on true events here in this chat
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  • #681,243
  • Sep 6, 2022 4:11am Sep 6, 2022 4:11am
Quoting dempire1
{quote} Shorting. Does anyone have a script to execute multiple positions with SL and TP of my own choosing. Much appreciated! {image}

Sell limit activated @ London. Shorting uptrend.

Might get lucky this time.

Turns out I’ve been hunting with the big boyz

SL moved to 1.16110
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How to succeed in zero sum game?
  • #681,244
  • Sep 6, 2022 4:17am Sep 6, 2022 4:17am
According to my strategies and sytem the heat map of GBPUSD is turning towrds BUY side and trade look like
BUY @ 1.1502 with stoploss at 1.1390 and Target at 1.1651.
Have look at my strategies heat map for GBPUSD in picture.
Happy Trading !
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  • #681,245
  • Sep 6, 2022 4:23am Sep 6, 2022 4:23am
gap closed
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yes yes yes
  • #681,246
  • Sep 6, 2022 4:23am Sep 6, 2022 4:23am
Gbpjpy long at 164
  • #681,247
  • Sep 6, 2022 4:33am Sep 6, 2022 4:33am
Quoting buffedmage
most of retail got into end of 3 , while institutional got into beginning and pro traders got into end of 2....psychology behind moves.. Hence hunt with big guys ,dont get hunted by big guys...institutional people are dads here.. {image}

Indeed this is my one of the secret strategy that i often use in confluence with snr and harmonic patterns are just for my confirmation behind my entries..as few asked in DM
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  • #681,248
  • Sep 6, 2022 4:34am Sep 6, 2022 4:34am
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  • #681,249
  • Sep 6, 2022 4:38am Sep 6, 2022 4:38am
update :

still holding till 1.1636 ..keep pushing cable ...
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  • #681,250
  • Sep 6, 2022 4:39am Sep 6, 2022 4:39am
Quoting buffedmage
most of retail got into end of 3 , while institutional got into beginning and pro traders got into end of 2....psychology behind moves.. Hence hunt with big guys ,dont get hunted by big guys...institutional people are dads here..beaten to soft pulp by their wives for not making enough money {image}
  • #681,251
  • Sep 6, 2022 4:40am Sep 6, 2022 4:40am
Quoting buffedmage
most of retail got into end of 3 , while institutional got into beginning and pro traders got into end of 2....psychology behind moves.. Hence hunt with big guys ,dont get hunted by big guys...institutional people are dads here.. {image}
Now how do you determine that you actually have a change in direction and not just a hiccup? Tweezers? Is this where you start with a smaller order (.38) and then add when the direction is confirmed or is there more magic at work?
  • #681,252
  • Sep 6, 2022 4:41am Sep 6, 2022 4:41am
Quoting PatienceFx
{quote}
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  • #681,253
  • Sep 6, 2022 4:42am Sep 6, 2022 4:42am
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POSTMASTER
  • #681,254
  • Sep 6, 2022 4:43am Sep 6, 2022 4:43am
using 20 & 50 sma on m1, i ride small moves and quit
  • #681,255
  • Sep 6, 2022 4:44am Sep 6, 2022 4:44am
Eurgbp long at 0.85800
  • #681,256
  • Sep 6, 2022 4:45am Sep 6, 2022 4:45am
Quoting BigNumbers
Eurjpy long tp1 140.477 sl 139.567 premium
TP HIT
My telegram: https://t.me/avidforex
  • #681,257
  • Sep 6, 2022 4:46am Sep 6, 2022 4:46am
Quoting PatienceFx
using 20 & 50 sma on m1, i ride small moves and quit and wont tell anyone
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  • #681,258
  • Sep 6, 2022 4:48am Sep 6, 2022 4:48am
EURCAD LONG
Minimum risk please..

SL 1.30472
TP1 is very close to entry, a resistance level at 1.30771
so we place our tp at 1.31366 the nxt resistance level.


Good luck
My telegram: https://t.me/avidforex
  • #681,259
  • Sep 6, 2022 4:53am Sep 6, 2022 4:53am
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yes yes yes
  • #681,260
  • Sep 6, 2022 4:54am Sep 6, 2022 4:54am
Hi all!
New month new setups to trade Im longing still cable, I see 1.20 this month maybe then we will see, shorting UJ a little and CJ, Hope everyone makes good cheers
People don't plan to lose. They lose because they don't plan.
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