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Cable Update (GBPUSD)

  • #693,461
  • Oct 7, 2022 2:46pm Oct 7, 2022 2:46pm
Quoting genadi
{quote} {image}

Have you heard of cronut (crossant doughnut)? There is a bakery nearby queues are v long.
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  • #693,462
  • Oct 7, 2022 2:48pm Oct 7, 2022 2:48pm
Quoting Waveskierrob
That's me done for the week, another 1,000,000,000 pipis{image}
Really .
  • #693,463
  • Oct 7, 2022 2:50pm Oct 7, 2022 2:50pm
Quoting Coreg2004
{quote} dantpm, sorry for the late response. Low volatility favors moving to the downside. Also, the inability to hold the 15M bar low after the NFP announcement told me that 1.272 ext has a great chance of being hit. Dantpm, check the price action on previous NFP days. You would be amazed at how the pattern repeats itself. You can find other setups for this day if you google, "how to trade NFP day". Good luck with your trading.
Thanks!
  • #693,464
  • Oct 7, 2022 2:55pm Oct 7, 2022 2:55pm
Quoting Jolita
{quote} Have you heard of cronut (crossant doughnut)? There is a bakery nearby queues are v long. {image}
Oh boy, send me 2 please
  • #693,465
  • Oct 7, 2022 2:59pm Oct 7, 2022 2:59pm
Quoting Jolita
{quote} Have you heard of cronut (crossant doughnut)? There is a bakery nearby queues are v long. {image}
MY GRID. Markets are NOT random.
  • #693,466
  • Oct 7, 2022 3:05pm Oct 7, 2022 3:05pm
Quoting Pat Chiko
{quote} Yes Agree on that. I'm trying to Averaging Up to cover losses and get back the money..... Hope got some luck, going against the traffic. ...
I am buying AUDUSD here at 0.6362
Big position, no SL, no TP.

Wish m luck
  • #693,467
  • Oct 7, 2022 3:11pm Oct 7, 2022 3:11pm
Quoting T721
{quote} Oh boy, send me 2 please
Haha, of course!
This was the queue to the bakery when cronuts were invented!
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  • #693,468
  • Oct 7, 2022 3:12pm Oct 7, 2022 3:12pm
Quoting Pat Chiko
{quote} GU Make way please, bull coming thru..... Above water {image}
GU

Lol... drowned almost to 4K.....
Woke up seeing this, add another position.

Detail in chart.
Trying to recover this.
Got luck I survived if not I let go at minus USD7,000.

Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #693,469
  • Oct 7, 2022 3:15pm Oct 7, 2022 3:15pm
Quoting Wavegarrick
{quote} What makes me still hang onto my buy trades is that the daily time frame shows a pullback and possible resumption to the upside, Not cast in stone but it is what it is. 1.10000 will be crux for bulls going forward into the 4th quarter. {image}15 minute just hanging in at 1.110000 {image}Have a great weekend Folks Cheers.

possible RN 1.10 and bounce up to 1.12
but i still see more drop toward 1.07 and 1.05 area
MY OPINION NOT FINANCIAL ADVISE
  • #693,470
  • Oct 7, 2022 3:17pm Oct 7, 2022 3:17pm
Quoting genadi
{quote} I am buying AUDUSD here at 0.6362 Big position, no SL, no TP. Wish m luck
Friday, what are you doing here ?.
I'm still here trying to get some break even money to close this bad trdes.....

You already made the money, go and enjoy with your yacht at Manaco Bay.
Don't waste time here, coz in here you will only see suffering people to earn..

Take care Bro and enjoy your weekends, send some food ( photos)....
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #693,471
  • Oct 7, 2022 3:24pm Oct 7, 2022 3:24pm
Gbpusd 200 pips to resistance
  • #693,472
  • Oct 7, 2022 3:24pm Oct 7, 2022 3:24pm
Quoting bilal1947
{quote} Rarely people here learn or use SRF the way you have learnt to use it, is there a course that will you recommend which has helped change the way you trade, perhaps this will help many others and my self seeing price like you see. Yep, wanna see GU fall; IN THE END: https://www.youtube.com/watch?v=WNeLUngb-Xg
Smashing trades today Bilal.
Nice soundtrack and video.

Here is something for you.
Inserted Video
  • #693,473
  • Oct 7, 2022 3:24pm Oct 7, 2022 3:24pm
Quoting Coreg2004
someone is already buying...small range for NFP day. {image}
Compression in the making before the final bell.
All those set up are for next week for CPI
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #693,474
  • Edited 5:09pm Oct 7, 2022 3:29pm | Edited 5:09pm
Quoting RemyLou
{quote} Sorry i new to this ...What are 2% margin rules
with thanks from bilal1947

what should be the comfortable loss per trade and how it shapes the Equity?

Loss per trade:
10% allows only 10 trades
5% allows only 20 trades
3% allows only 33 trades
1% allows only 100 trades

if you have to choose the comfortable one ! which one you will ?


https://www.investopedia.com/search?q=margin
  • #693,475
  • Oct 7, 2022 3:46pm Oct 7, 2022 3:46pm
Quoting Pat Chiko
{quote} GU Lol... drowned almost to 4K..... Woke up seeing this, add another position. Detail in chart. Trying to recover this. Got luck I survived if not I let go at minus USD7,000. {image}
GBP not looking good, 107 not far and possibility will get there to complete its mission. But no one knows where the end will be.
Wishing you luck.
I stayed out of GU over a week now.

My view on daily.
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  • #693,476
  • Oct 7, 2022 3:48pm Oct 7, 2022 3:48pm
Quoting Jolita
{quote} No problems in UK, clear sky, especially if you drive outside London. {image} 4305061 {image}
Wondered about...
Anyway..

Thanks for the photos J! I missed that blue sky.. Heaven..just, perfect.
  • #693,477
  • Oct 7, 2022 3:49pm Oct 7, 2022 3:49pm
Quoting Pat Chiko
{quote} Compression in the making before the final bell. All those set up are for next week for CPI
Pat, if the current drop is a 1-5 move, it doesn't look good for the bulls (in the long run). GU touched today the upper zone for the completion of Wave 4, although the W:4 is invalidated below 1.0931. There is always the chance that the market makes some pattern I don't recognize now.
Attached Image (click to enlarge)
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Always trade your own plan...I don't provide trading signals.
  • #693,478
  • Oct 7, 2022 3:50pm Oct 7, 2022 3:50pm
Have a great weekend! Continue down to gold line.
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MY GRID. Markets are NOT random.
  • #693,479
  • Oct 7, 2022 3:50pm Oct 7, 2022 3:50pm
Quoting Chris_35
{quote} what should be the comfortable loss per trade and how it shapes the Equity? Loss per trade: 10% allows only 10 trades 5% allows only 20 trades 3% allows only 33 trades 1% allows only 100 trades if you have to choose the comfortable one ! which one you will ? https://www.investopedia.com/search?q=margin
I'd say im comfortable with 3%
Lou Vincii Code
  • #693,480
  • Oct 7, 2022 3:52pm Oct 7, 2022 3:52pm
Quoting Pat Chiko
{quote} GU Lol... drowned almost to 4K..... Woke up seeing this, add another position. Detail in chart. Trying to recover this. Got luck I survived if not I let go at minus USD7,000. {image}
GU

Not many want to discuss on how to get out on bad trades.

99% posted in FF is everyone makes profit.... really .
I'm the only newbie in the world that loser() money on bad trades.

Or most don't want to post bad trade or loser() as to protect one ego.

Anyway....here how I get out my bad trades. I use averaging up. There are many ways to get out of bad trades.
If we don't know how, the the final deal is Margin Call......
You may have diffrent method on how to handle bad trades or managing it to BE, please with me here.

Chart on current status of bad trades and how I take Averaging Up set up on chart.
The added position o Averaging Up is always in line with S&R zone with OB, that's the safest. (not guaranteed)
Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
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