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Cable Update (GBPUSD)

  • #682,921
  • Sep 12, 2022 11:14pm Sep 12, 2022 11:14pm
Good afternoon everyone

I only just sat down and already I found a Buy on GU. Perhaps I should have waited, but it met all my entry rules

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I am neither brave nor stupid...I am just a part time trader
  • #682,922
  • Sep 12, 2022 11:16pm Sep 12, 2022 11:16pm
go with the trend my friend , before it end
took long aussie
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yes yes yes
  • #682,923
  • Sep 12, 2022 11:17pm Sep 12, 2022 11:17pm
Quoting Reverso
{quote} Ongoing Long failed to make any meaningful highs, but failed to go low enough to hit my SL too. When I see prices keep reacting around an area and unable to break through, I will draw a resistance zone at that area. When London Opens, my options are as follows: 1. Price already below today's daily pivot 1.16554, bias changed to bearish, SL is very nearby anyway, so it'll be a loss. Look another new opportunity for Short. 2. Price made another attempt at the resistance but failed again, I will exit and re-enter with Short. 3. Price remained...
Finally, some meaningful action to the upside, bringing me to the much needed profit zone, breaking the resistance zone I drew along the way.
Confidence increased that this will TP.

It's thanks to the GBP Claimant news, but I wonder why it is not a high impact (red) news? Price action seems to indicate it is a high impact, the website Tradingview also label it as high impact but not FF?
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https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 66.9%
  • #682,924
  • Sep 12, 2022 11:17pm Sep 12, 2022 11:17pm
Quoting dempire1
{quote} dont think anything goin to happen before Asian session. Got my short at BE. High possibility to run the highs again because this movement atm is pretty weak.
As expected. Yesterday trade was BE.
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How to succeed in zero sum game?
  • #682,925
  • Sep 12, 2022 11:20pm Sep 12, 2022 11:20pm
Break above the asian range, a fake one or...?
  • #682,926
  • Sep 12, 2022 11:25pm Sep 12, 2022 11:25pm
Quoting Pat Chiko
{quote} What you're saying visually.......He's a True Introvert & DAMN clueless of it: {image}
Thanks for 4H buddy! Works like charm. Again, out of 5 trades I took 4 are in profit.
I knew it there was something with this number.

Most important thing being patience when you trade this higher TF. It could take a few days to reach TP or SL..
  • #682,927
  • Sep 12, 2022 11:32pm Sep 12, 2022 11:32pm
What do some of you think about this?

I sometimes feel that the price already has a determined path it has to follow and the news just aid to it. I mean, this can be clearly seen on higher time frames. Even before these news from UK "my" system told me Pound is going up on higher TF's.
  • #682,928
  • Sep 12, 2022 11:34pm Sep 12, 2022 11:34pm
Quoting PatienceFx
{quote} that reminds me i can code a wonderful MTF indicator to read trend on all time frames
Pay me 50 % now.

Right now.
Intraday only.
  • #682,929
  • Sep 12, 2022 11:35pm Sep 12, 2022 11:35pm
Quoting Indiara
Good afternoon everyone I only just sat down and already I found a Buy on GU. Perhaps I should have waited, but it met all my entry rules {image}
I would normally protect my trade by this time, but I know how Frankfurt and London like to play games and perhaps will come back to the 1.17000 line before going up some more. Is a bit risky for me, but if I am wrong, then it's ok, the account will not suffer too much
I am neither brave nor stupid...I am just a part time trader
  • #682,930
  • Sep 12, 2022 11:35pm Sep 12, 2022 11:35pm
Attached Image (click to enlarge)
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yes yes yes
  • #682,931
  • Sep 12, 2022 11:37pm Sep 12, 2022 11:37pm
Quoting dempire1
{quote} As expected. Yesterday trade was BE. {image}
Closing. Will be looking for shorts.
How to succeed in zero sum game?
  • #682,932
  • Sep 12, 2022 11:39pm Sep 12, 2022 11:39pm
Quoting Moty
{image}
I guess u exited yr shorts?
  • #682,933
  • Sep 12, 2022 11:42pm Sep 12, 2022 11:42pm
Quoting Fardeen1209
{quote} Thanks bro. I use UP and Down just like caveman used to communicate. Simple and accurate
excellent idea

going completely naked on chart the

  1. top left shows only thos time frames where price is trending
  2. lines self explanatory
  3. rsi just for decoration
  4. chance of error zero

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  • #682,934
  • Sep 12, 2022 11:45pm Sep 12, 2022 11:45pm
Quoting navk
{quote} Pay me 50 % now. Right now.
fine send 60% of that loss to [email protected] [ my mail id ]
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  • #682,935
  • Sep 12, 2022 11:48pm Sep 12, 2022 11:48pm
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  • #682,936
  • Sep 12, 2022 11:49pm Sep 12, 2022 11:49pm
My View For Today GU H1
GU Bull Run Stop @ 1.1756 (maximum).
and that is my sell zone for scalping, If my LTF system allow me.
This is not a trading signal, maybe I am wrong.
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Intraday Trading is an Art _ hoda
  • #682,937
  • Sep 12, 2022 11:49pm Sep 12, 2022 11:49pm
Quoting TheWolf
What do some of you think about this? I sometimes feel that the price already has a determined path it has to follow and the news just aid to it. I mean, this can be clearly seen on higher time frames. Even before these news from UK "my" system told me Pound is going up on higher TF's.
Bro you put my thoughts into proper words, that's what I think news do too.
Direction is already pre-determined, news just aid it to reach it faster.
https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 66.9%
  • #682,938
  • Sep 12, 2022 11:50pm Sep 12, 2022 11:50pm
Goodday my loving oponents.
POSTMASTER
  • #682,939
  • Sep 12, 2022 11:50pm Sep 12, 2022 11:50pm
Quoting PatienceFx
{quote} excellent idea going completely naked on chart the top left shows only thos time frames where price is trending lines self explanatory rsi just for decoration chance of error zero {image}
Those lines are Fib or daily& weekly S&R/congestion zone?
More time in the market, does not mean you trade better!
  • #682,940
  • Sep 12, 2022 11:54pm Sep 12, 2022 11:54pm
Cable short tp 1.16750
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