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Cable Update (GBPUSD)

  • #681,861
  • Sep 8, 2022 2:59am Sep 8, 2022 2:59am
Quoting PatienceFx
{quote} https://youtu.be/Jn5hsfbhWx4
I play my guitar when I trade. It's a good time to practice and it keeps my hands away from the mouse!
I am neither brave nor stupid...I am just a part time trader
  • #681,862
  • Sep 8, 2022 3:00am Sep 8, 2022 3:00am
Quoting Indiara
{quote} I play my guitar when I trade. It's a good time to practice and it keeps my hands away from the mouse!
Blank and Empty
  • #681,863
  • Sep 8, 2022 3:00am Sep 8, 2022 3:00am
There was a bull trap alright, but not big enough to trade into, nor a clear signal to do so.
Anyway, I shorted this when price broke below 1.1490
If there's a buy opportunity it will be in the US session - if at all.
  • #681,864
  • Sep 8, 2022 3:01am Sep 8, 2022 3:01am
Quoting Indiara
{quote} I still like my UJ analysis, so I took another entry. My pea brain can't help itself {image}
there is no reason to sell uj
  • #681,865
  • Sep 8, 2022 3:02am Sep 8, 2022 3:02am
Quoting Fardeen1209
Guys any classical music/instrumental(mostly piano) suggestion to listen when trading? I'll go first: 1. Liszt- La Campanella 2. Mozart: Clarinet Concerto 3. Beethoven- Fur Elise These melody helps tho!
On a serious note

I prefer Bloomberg financial live , it keeps me informed
  • #681,866
  • Sep 8, 2022 3:02am Sep 8, 2022 3:02am
Quoting Georginson
{quote} Most likely bounce zone destination is 1.1566 - 1.1588 as far as 1.1410 holds. Bought at 1.1490 target is 1.1560. Second buy limit at 1.1430, target at 1.1490...
I also bought from 1.1492 with tp at 1.1547. also waiting a low to b form so more buy should b added
  • #681,867
  • Sep 8, 2022 3:02am Sep 8, 2022 3:02am
Quoting erez h
{quote} there is no reason to sell uj
There is to me.
I am neither brave nor stupid...I am just a part time trader
  • #681,868
  • Sep 8, 2022 3:04am Sep 8, 2022 3:04am
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 16 KB
yes yes yes
  • #681,869
  • Sep 8, 2022 3:06am Sep 8, 2022 3:06am
Quoting Indiara
{quote} There is to me.
Can you explain your reasoning?
  • #681,870
  • Sep 8, 2022 3:06am Sep 8, 2022 3:06am
Quoting Whale
{quote} No waves count?
fifth wave inside @1575 --- pointzero from YL, I'm worried people will be confused if it's too detailed
https://breakpullback.com
  • #681,871
  • Sep 8, 2022 3:08am Sep 8, 2022 3:08am
Quoting bestchao14
{quote} Can you explain your reasoning?
https://www.forexfactory.com/thread/...2#post14129272
I am neither brave nor stupid...I am just a part time trader
  • #681,872
  • Sep 8, 2022 3:08am Sep 8, 2022 3:08am
Key to trading
A road map
Money management
Patience
  • #681,873
  • Sep 8, 2022 3:12am Sep 8, 2022 3:12am
Quoting Abeeha
{quote} I also bought from 1.1492 with tp at 1.1547. also waiting a low to b form so more buy should b added
I
Seems too early to buy, buying opportunity should be lower at around ECB decision time,
  • #681,874
  • Sep 8, 2022 3:16am Sep 8, 2022 3:16am
Quoting dele5000
{quote}I Seems too early to buy, buying opportunity should be lower at around ECB decision time,
You are right i am building buys slowly with very very small lot size. I am also waiting a low to b form so i buy from there too
  • #681,875
  • Sep 8, 2022 3:17am Sep 8, 2022 3:17am
Quoting Houtbay
Key to trading A road map Money management Patience
also - the risk management ..(may be comes under money management)
Blank and Empty
  • #681,876
  • Sep 8, 2022 3:17am Sep 8, 2022 3:17am
Quoting Indiara
{quote} https://www.forexfactory.com/thread/...2#post14129272
I'm thinking that since every single day for the past 10 days has been a green day the chance is small that it will stop today. It's for that reason I went long at the day's open after the bounce from the 144.45 area
  • #681,877
  • Sep 8, 2022 3:19am Sep 8, 2022 3:19am
Quoting Houtbay
Key to trading A road map Money management Patience
yes , without plan ,any trade would be a gamble
Blank and Empty
  • #681,878
  • Sep 8, 2022 3:23am Sep 8, 2022 3:23am
i am looking for buy near 1.1460



target of 1.1600

london open break RN 1.1500 with a retest back

i expect 25-50 pips drop from that 1.15
MY OPINION NOT FINANCIAL ADVISE
  • #681,879
  • Sep 8, 2022 3:23am Sep 8, 2022 3:23am
Quoting dele5000
{quote}I Seems too early to buy, buying opportunity should be lower at around ECB decision time,
if you think you bought/sell anywhere in the mid of the ongoing trend , manage your size of the position ,don't go for big sized position
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  • #681,880
  • Sep 8, 2022 3:23am Sep 8, 2022 3:23am
Quoting bestchao14
{quote} I'm thinking that since every single day for the past 10 days has been a green day the chance is small that it will stop today. It's for that reason I went long at the day's open after the bounce from the 144.45 area
We all see things a little differently according to our own analysis, no? For sure UJ has had a strong run, but it can't go up forever!! Maybe it will go up more and I'm wrong, but I have to trade my own plan
I am neither brave nor stupid...I am just a part time trader
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