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Cable Update (GBPUSD)

  • #693,741
  • Oct 9, 2022 4:53pm Oct 9, 2022 4:53pm
Quoting dantpm
{quote} Its' Columbus Day in the US on Oct 10, 2022
____________ yesss Right , I forgot all abt Columbus ! = sooo mebbe I wont hav to sell my lil farm
Don’t focus on making $$$, focus on protecting what you have.
  • #693,742
  • Oct 9, 2022 5:05pm Oct 9, 2022 5:05pm
I took GBPJPY LONG and I'm taking profit at 161.651 that's 75 pips and I'm just testing the Algorithm. If your broker's spread is large do not take this trade..


I'm going to post a lot of trades this week to celebrate my RED BADGE.. Just stay PUT and make profit..

Good Luck..
My telegram: https://t.me/avidforex
  • #693,743
  • Oct 9, 2022 5:09pm Oct 9, 2022 5:09pm
Quoting BigNumbers
I took GBPJPY LONG and I'm taking profit at 161.651 that's 75 pips and I'm just testing the Algorithm. If your broker's spread is large do not take this trade.. I'm going to post a lot of trades this week to celebrate my RED BADGE.. Just stay PUT and make profit.. Good Luck..

__________ hey Big guy , what abt cable - - - giv me sume hope huhh
Don’t focus on making $$$, focus on protecting what you have.
  • #693,744
  • Oct 9, 2022 5:11pm Oct 9, 2022 5:11pm
Quoting profits7
{quote} __________ hey Big guy , what abt cable
Go long tp 1.11316
That's 53 pips
My telegram: https://t.me/avidforex
  • #693,745
  • Oct 9, 2022 5:17pm Oct 9, 2022 5:17pm
Quoting BigNumbers
{quote} Go long tp 1.11316 That's 53 pips
__________ that was QUICK 4sure ! Thanks m8
Don’t focus on making $$$, focus on protecting what you have.
  • #693,746
  • Oct 9, 2022 5:23pm Oct 9, 2022 5:23pm
It almost appears like a whale clearing of stop losses which was intended to take the market higher, twice now but the market wants to go lower...
  • #693,747
  • Oct 9, 2022 5:29pm Oct 9, 2022 5:29pm
_____________ @ BigNumbers , my last wk screwUps =
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 31 KB
Don’t focus on making $$$, focus on protecting what you have.
  • #693,748
  • Oct 9, 2022 5:34pm Oct 9, 2022 5:34pm
Quoting profits7
_____________ @ BigNumbers , my last wk screwUps = {image}
Is that -596 pips ? Holy shit!!

Why don't you allow your stops to get hit ?
My telegram: https://t.me/avidforex
  • #693,749
  • Oct 9, 2022 5:39pm Oct 9, 2022 5:39pm
Quoting BigNumbers
{quote} Is that -596 pips ? Holy shit!! Why don't you allow your stops to get hit ?
____________ sumetin happened to my syst. = still No xcuse tho
Don’t focus on making $$$, focus on protecting what you have.
  • #693,750
  • Oct 9, 2022 5:46pm Oct 9, 2022 5:46pm
Don't see anything for Cable at the moment, but I think US30 looks attractive to buy at cmp of 29,129.
  • #693,751
  • Edited 5:58pm Oct 9, 2022 5:47pm | Edited 5:58pm
Quoting Jolita
Pat, what are your thoughts?

Is it Monday already ??......Wow, that was fast.

I hope from next year onward, market should rest on Friday, Sat and Sunday....
Trading only, Tues, Wed and Thurs

That should be nice.........What do you think Sista.
More holiday and more boating at Lake Windermere....

BTW, my thought..... from newbie perspective.
(FED not ready for pivot YET.... enjoy the ride)......
Wed and Thurs should be fun to trade.
Attached Image (click to enlarge)
Click to Enlarge Name: calender.jpg Size: 20 KB


I'm in long position, and to catch the Liquidity for short.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 066.jpg Size: 114 KB


Take Care Sista and what special dish did you cook over the weekends ?
It smell nice, can you just share the pic for me... Thanks..
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #693,752
  • Oct 9, 2022 5:48pm Oct 9, 2022 5:48pm
Quoting profits7
{quote} ____________ sumetin happened to my syst. = still No xcuse tho
I'll try and help you manage your losses but please there is no point adjusting your stops.. If it gets HIT, move on to the next trade.
Next time allow your stops to get hit and always learn to take partials or at least move your stop to breakeven but i prefer taking partials.

No one can be beat the ALGORITHMS of the market! so there is no point adjusting your stops because you can't control the Algorithm
My telegram: https://t.me/avidforex
  • #693,753
  • Oct 9, 2022 6:21pm Oct 9, 2022 6:21pm
POSTMASTER
  • #693,754
  • Oct 9, 2022 6:39pm Oct 9, 2022 6:39pm
Too many banks Holiday today...
JPY, USD, CAD...

This will eventually slow down the volume of the market
My telegram: https://t.me/avidforex
  • #693,755
  • Oct 9, 2022 7:06pm Oct 9, 2022 7:06pm
Hi Traders, I placed a SELL STOP on the GBPUSD it looks very Bearish to me.
The candle is under the 20 & 50 MA
SELL STOP = 1.10500
SL= 1.10944
TP = 1.07090
Have a great trading week everyone...
Cheers !
Bob
  • #693,756
  • Oct 9, 2022 7:32pm Oct 9, 2022 7:32pm
Just my thoughts on GU. Last week I think it's LH, we know that market does not move in straight line. Market like us it drives by humans. After few weeks bearish, it exhausted. Like us, when running 1 kilometers, we feel exhausted too. So we need to take a breathe before continue running.

Btw, trend is subjective depends on what timeframe we used. Low TF noisy imo, but it's has signed of early entry. I mean here trend following by big picture.

And Rome was not built in one day, and no real movement of important end in one day or week. It takes time.

Stay safe and trade well.
Attached Image(s) (click to enlarge)
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  • #693,757
  • Oct 9, 2022 7:42pm Oct 9, 2022 7:42pm
Quoting Pat Chiko
{quote} Is it Monday already ??......Wow, that was fast.
GU

Scalping LONG.
Try some luck today

Attached Image (click to enlarge)
Click to Enlarge Name: gu 070.jpg Size: 101 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #693,758
  • Edited 8:12pm Oct 9, 2022 7:59pm | Edited 8:12pm
Quoting Pat Chiko
{quote} Is it Monday already ??......Wow, that was fast. I hope from next year onward, market should rest on Friday, Sat and Sunday.... Trading only, Tues, Wed and Thurs That should be nice.........What do you think Sista. More holiday and more boating at Lake Windermere.... BTW, my thought..... from newbie perspective. (FED not ready for pivot YET.... enjoy the ride)...... Wed and Thurs should be fun to trade.{image} I'm in long position, and to catch the Liquidity for short. {image} Take Care Sista and what special dish did you cook over...
I will let the price go anywhere, no problem.

But, I had in my mind, I will not allow my capital go below 2.5 % of my initial capital.

I took long trades today , when Tokyo opened.

The price went against me to see a DD of 0.7 %.

But then, the price spiked for me to see a profit of 1.4 % of capital.

So I closed long trades quickly, did not think even 5 minutes whether to close long trades or to wait.

This, some one can call it high risky trade. But for me, it is purely technical trade. Risk set is 2.5 %. Actual risk seen is 0.7 %. Profit made 1.4 %. I set my stop at 1.1050 Friday low. I know if Friday low breaks, it will see new low ( s1 )

I can call it even day is finished for me as I set a daily target of 1 % per day.
Attached Image (click to enlarge)
Click to Enlarge Name: Traders Global MetaTrader 4 Terminal.png Size: 75 KB
Intraday only.
  • #693,759
  • Oct 9, 2022 8:06pm Oct 9, 2022 8:06pm
I will now be trading demo account ( for today ) to test few things.

No emotions...but I will set everything technically.
Intraday only.
  • #693,760
  • Oct 9, 2022 8:14pm Oct 9, 2022 8:14pm
Quoting Pat Chiko
{quote} GU Scalping LONG. Try some luck today {image}
GU

Target/immediate/final after LO.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 071.jpg Size: 182 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
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