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Cable Update (GBPUSD)

  • #689,621
  • Sep 29, 2022 5:50am Sep 29, 2022 5:50am
return to main trend daily..sell in
  • #689,622
  • Sep 29, 2022 5:51am Sep 29, 2022 5:51am
Quoting redcat3003
{quote} {image}
Before doing anything, price need LQ to fuel their journey.
Look in both ways, not just one way as I put up earlier.

Where is the liquidity ?.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #689,623
  • Sep 29, 2022 5:59am Sep 29, 2022 5:59am
that's why i hate gu , crooky mf
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yes yes yes
  • #689,624
  • Sep 29, 2022 6:02am Sep 29, 2022 6:02am
Good luck folks!
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God bless everyone!
The only impartial feeling is love. It is also the only feeling of God.
  • #689,625
  • Sep 29, 2022 6:03am Sep 29, 2022 6:03am
Quoting Moty
that's why i hate gu , crooky mf {image}
try eu then
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  • #689,626
  • Sep 29, 2022 6:05am Sep 29, 2022 6:05am
Quoting Pat Chiko
{quote} Once again, our goal is to avoid being caught on the wrong side of a major reversal and losing back most or all of our profits. Before stops start tripping, let's ask ourselves, is there any fundamental Headline News driving this retracement? If the answer is no, there is no red flag or Headline News to account for this retracement, we hold fast, depending on our stops to protect us from major losses. If we hit a stop, fine. That one stop wont matter over the long haul. Two things we will NEVER do is move the stop against the direction of...
I really started to follow what I preach. I do not trade London session anymore. I only focus on one hour for trading from now on. 2 hours after NY open and one hour before London close. Usually news are in this hour for America and they often give very easy trade until London close. I avoid London like a plague. Also, no more long term trades. I was having really nice profit the other day just to see BoE or whoever intervened and suddenly 40 pips were gone in seconds. After news for America catch two 15M candles and get out of the trade. 20-30 pips a day and what more do you need? This is how I trade now that the market is this insane. Of course, on 15M TF SL isn't as big. It's not easy. London creates a mess (ALWAYS) and until NY open there is no "easy trade". I agree with Navk on one thing, that Asian session is perhaps the best time to be trading. In the past whatever I lost in London session and I would lose 85% of the time I get back in NY session. I decided not to trade London for that reason. Asian session for example was easy as hell to trade for example today. Also, started to analyze 15M candles and more often than not, if candle opens red it will end up being green. More then 50% of the times! One other thing I realized. When watching 15M candles, I can't help but realize that action happens only 5-6 minutes before 15M candle closes, perhaps even less. They will destroy your patience in the first 10 minutes going up and down and then 5 minutes before closing the candle they go one way or the other. I was forced to start scalping because of this market is insane lately. We had one minute candle with 300 pips for God's sake..
  • #689,627
  • Sep 29, 2022 6:05am Sep 29, 2022 6:05am
Quoting Indiara
{quote} Ah, ok thanks We have a trap set for Kuroda San
I live in the future
  • #689,628
  • Sep 29, 2022 6:07am Sep 29, 2022 6:07am
Quoting Waveskierrob
{quote} It's all 50/50 to me
When you have the rational behind the signal you can make a much better decision. Simply following the leader is more of a 50/50 proposition.
It is why I like Pat's chart. Helped understand the play better,
  • #689,629
  • Edited 6:22am Sep 29, 2022 6:08am | Edited 6:22am
...price touched top of that prev 1hr sw hi zone = prev res=pot rbs and with the 5min bullish hidden div there it is trying to make some upside progress after the pullback from current dly hi in that prev 1hr x 2 tests/4hr sw hi x 1 test zone leading to Monday's & current wkly hi = prev res = pot res.

1hr below
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Trader with an Edge.
  • #689,630
  • Sep 29, 2022 6:09am Sep 29, 2022 6:09am
Quoting Moty
that's why i hate gu , crooky mf {image}
try EU now n again. been going ok so far but apply shitloada caution
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  • #689,631
  • Sep 29, 2022 6:12am Sep 29, 2022 6:12am
Also, I know how much you like trading GBP/USD people, but I have to say. This pair is the hardest one to trade right now. Trading Euro, Pound and USD is insanely hard to trade lately due to the news out of the sky that can come any second and 100 pips can come in seconds and wipe you out instantly. Without SL, as Pat said, you're a dead man walking.
  • #689,632
  • Sep 29, 2022 6:12am Sep 29, 2022 6:12am
Quoting BeeTogether
{quote} fUrther up may mean a couple of hundred pips but the bottom is still open I think
And I am ready for that bottom with an open heart
WARNING: This post warps space and time in its vicinity.
  • #689,633
  • Sep 29, 2022 6:14am Sep 29, 2022 6:14am
Quoting dantpm
{quote} When you have the rational behind the signal you can make a much better decision. Simply following the leader is more of a 50/50 proposition. It is why I like Pat's chart. Helped understand the play better,
Need to read my post again "It's all 50/50 to me"....
  • #689,634
  • Sep 29, 2022 6:14am Sep 29, 2022 6:14am
Quoting WizardTrade
{quote} And I am ready for that bottom with an open heart
Congrats on red diamond! Now, you will start getting signals like Pat. Hahah
  • #689,635
  • Sep 29, 2022 6:14am Sep 29, 2022 6:14am
Quoting T721
{quote} try EU now n again. been going ok so far but apply shitloada caution {image} {image}
Noticed the volatility in EU today, very different from GU
  • #689,636
  • Sep 29, 2022 6:17am Sep 29, 2022 6:17am
Quoting TheWolf
Also, I know how much you like trading GBP/USD people, but I have to say. This pair is the hardest one to trade right now. Trading Euro, Pound and USD is insanely hard to trade lately due to the news out of the sky that can come any second and 100 pips can come in seconds and wipe you out instantly. Without SL, as Pat said, you're a dead man walking.
if a 100 pip move will wipe you out you are over leveraged...
  • #689,637
  • Sep 29, 2022 6:20am Sep 29, 2022 6:20am
Quoting TheWolf
{quote} Congrats on red diamond! Now, you will start getting signals like Pat. Hahah
Thanks mate. I will start trading the signals from next month. All of you will be my indicator
WARNING: This post warps space and time in its vicinity.
  • #689,638
  • Sep 29, 2022 6:20am Sep 29, 2022 6:20am
Quoting Yngwie
Let see Long 1.0833 SL 1.0810
so far so good! Profit locked
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #689,639
  • Sep 29, 2022 6:23am Sep 29, 2022 6:23am
Quoting Waveskierrob
{quote} if a 100 pip move will wipe you out you are over leveraged...
Haha of course. Just sayin'. I know when I came to Forex thinking I will be rich in 2 years and quit my job. LoL. Just a warning to my past-self and people that are thinking the same as I did before market spit on me, shit on me and told me to get the hell out. LoL . 2% a trade and no more. It's a long long road ahead. That's what you learn the hard way when you either lose the account or lose almost all.
  • #689,640
  • Sep 29, 2022 6:23am Sep 29, 2022 6:23am
Quoting T721
{quote} try EU now n again. been going ok so far but apply shitloada caution {image} {image}
i am pretty sure it will hit 0.97500
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yes yes yes
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