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Cable Update (GBPUSD)

  • #688,361
  • Sep 27, 2022 4:48am Sep 27, 2022 4:48am
Quoting kingsleynwan
{quote} pls what is your thought on GBPJPY thank you

I've no idea on that pair..
As Newbie , I only trade one pair, still in learning process.

Can ask in this forum if anyone trade that pair.
Many here are expert.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #688,362
  • Sep 27, 2022 4:49am Sep 27, 2022 4:49am
SL hunt
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  • #688,363
  • Sep 27, 2022 4:50am Sep 27, 2022 4:50am
Quoting SilentFather
{quote} Ok, Good Job then. That's fine. Don't give up. Have some ideas for you, if you would like that. (Sorry that I'm saying it here) 1. Problem causing this, might be your entry / stoploss. 2. If you use traditional charts, get cTrader. It has TICK charts in it... This could help you catch low / high and thus your SL could be much less. 3. Check my first thread I made. To be fair, I have same problems. My problem, as I now just checked my trades on PC, that I use mobile phone... I entry buy / sell somewhere where I wouldn't do it at all. Phone...
I usually trade on mobile using mt5 as I can't access internet through pc fron workplace.
Plus I only trade when I have some free time during work and mostly after work.

Yes I do agree sometimes mobile limits one's ability to look fully at the chart.
Exhausted
  • #688,364
  • Sep 27, 2022 4:51am Sep 27, 2022 4:51am
Quoting Pat Chiko
{quote} I'm Newbie, I don't know how to use indicator. Thanks for the tips. Trade Well and best wishes.
Many have lost their account.

I lost one phase 2 account.

my Funded account intact though

No one knows who is newbie, who is experienced.

Such volatile PA can be challenge to anybody
Intraday only.
  • #688,365
  • Sep 27, 2022 4:51am Sep 27, 2022 4:51am
Quoting Theoak
{quote} Get back to the grass, you crazy cat!!!
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I am neither brave nor stupid...I am just a part time trader
  • #688,366
  • Sep 27, 2022 4:51am Sep 27, 2022 4:51am
Quoting kingsleynwan
{quote} pls what is your thought on GBPJPY thank you

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  • #688,367
  • Sep 27, 2022 4:52am Sep 27, 2022 4:52am
Re stops: I trade swing points/potential swing points generally which means that I can get tight stops under the PA closed candle on the t/f I use for entry. @ a potential supp/res/sbr/rbs zone/area/factors on a higher t/f....Also enables good R:R ratios. If you are not trading swing points then you really should have your stop at least under the last swing point on the t/f you entered on. So if long - then under last fractal swing lo, -or- if short - under the last fractal swing hi. The exception to this might be a thrust candle close if used for entry, which is a candle much larger than those that preceded it with no/barely any wicks.
Trader with an Edge.
  • #688,368
  • Sep 27, 2022 4:54am Sep 27, 2022 4:54am
Quoting Pat Chiko
{quote} I'm Newbie, I don't know how to use indicator. Thanks for the tips. Trade Well and best wishes.
After this volatile three days, I maintain very very low risk in my funded account.

Had it been normal day, I will go at it and would have made 1.5 k at least in this funded.
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Intraday only.
  • #688,369
  • Sep 27, 2022 4:56am Sep 27, 2022 4:56am
I try to stay away from GU for the time being, no pattern is forming. Shit making no sense. Currently GU is in a Random walk phase.
More time in the market, does not mean you trade better!
  • #688,370
  • Sep 27, 2022 4:56am Sep 27, 2022 4:56am
Quoting Jolita
{quote} nAVIN, glad you survived this chaos. What a night! I closed my trade and was tired went to sleep at 1:30am, all happend around 2am. I missed all the fiasco. My old trade closed negative, but never mind, part of experience I guess. If you can afford, hold until next year. You will save your £10k soon enough. As you trade longterm, trades go against us, this is part of the investment. Look at BTC as example. Good luck nAvin!
I could quite easily wait another year but the fees for holding make this an issue, hopefully the sun bitch move up, thank you
  • #688,371
  • Sep 27, 2022 5:00am Sep 27, 2022 5:00am
It'll be like this until Powell speaks. He'll walk out to the podium, he'll fart and the dollar will go to the moon.
  • #688,372
  • Sep 27, 2022 5:01am Sep 27, 2022 5:01am
Will durable good have some effect today?
More time in the market, does not mean you trade better!
  • #688,373
  • Sep 27, 2022 5:06am Sep 27, 2022 5:06am
Quoting MrFanciful
It'll be like this until Powell speaks. He'll walk out to the podium, he'll fart and the dollar will go to the moon.
I don't know why it's red-flagged on this site's calendar it's about digital currencies, ie bitcoin etc - but you never know he may just say something about strong $/plunging £? A lot of central bank types (Mpc members Uk side) speaking this week it seems, and in this atmosphere, they too could cause a flutter?)
Trader with an Edge.
  • #688,374
  • Sep 27, 2022 5:07am Sep 27, 2022 5:07am
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  • #688,375
  • Sep 27, 2022 5:08am Sep 27, 2022 5:08am
Quoting Headland
{quote} I don't know why it's red-flagged on this site's calendar it's about digital currencies, ie bitcoin etc - but you never know he may just say something about strong $/plunging £? A lot of central bank types (Mpc members Uk side) speaking this week it seems, and in this atmosphere, they too could cause a flutter?)
Thanx mate
May be or he might sheds some light on how Tax Cut will not support the growth outlook.
More time in the market, does not mean you trade better!
  • #688,376
  • Sep 27, 2022 5:10am Sep 27, 2022 5:10am
Maybe he'll apologize for 14 years of money printing?
  • #688,377
  • Sep 27, 2022 5:10am Sep 27, 2022 5:10am
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  • #688,378
  • Sep 27, 2022 5:12am Sep 27, 2022 5:12am
China going to rise FX risk reserve ratio from 0 to 20% tmr. I reckon they estimated that dollar could rocket since last half of this week.
https://www.centralbanking.com/centr...orward-trading
  • #688,379
  • Sep 27, 2022 5:13am Sep 27, 2022 5:13am
EU the turtle
QM Long set up.
Destination: ~30pips
Duration time to destination: Fast af (only 8hr)
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More time in the market, does not mean you trade better!
  • #688,380
  • Sep 27, 2022 5:22am Sep 27, 2022 5:22am
Quoting Pat Chiko
{quote} GU Not looking good. Straight underwater. No luck, maybe she want my SL.... {image}
GU

Getting some oxygen..
Just about to get drowned, but luckily price goes back to positive.
Hope price will stay positive.....
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
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