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Cable Update (GBPUSD)

  • #694,401
  • Oct 11, 2022 3:00am Oct 11, 2022 3:00am
Quoting Waveskierrob
{quote} yes so you only have one long and one short open at a time
ah, that means also that if the LONG gets TP first the SHORT is "alone" and you add another LONG to compliment the hedge? or just wait till both are filled TP?
trading is like dancing, don't think and just listen to the music!
  • #694,402
  • Oct 11, 2022 3:01am Oct 11, 2022 3:01am
Quoting Pat Chiko
{quote} {quote} Thank you for your signal. You're buying GOLD, therefore I assume you follow trend. What time frame is that. Here is H4 Gold Chart. As Newbie, I don't know is this up trend or down trend.... Please teach me, Thank you{image}
At least when I'm looking for what trend is in play currently, I only look at Daily Chart. Only Daily. It depends from to trader to trader in my opinion.
  • #694,403
  • Oct 11, 2022 3:02am Oct 11, 2022 3:02am
...0911 is the 50% of the whole 0327-1495 move up, it and a 61.8% fib of another move up is in that prev 4hr sw hi x 2 zone = prev res = pot rbs. Still got the 6hr bullish hidden div @ the current dly lo. Next downside fib is @/around wkly S1 @ 0933.

4hr, then current state of 10/20/50 ema crosses, below
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Trader with an Edge.
  • #694,404
  • Oct 11, 2022 3:03am Oct 11, 2022 3:03am
Quoting WizardTrade
{quote} Seems like commercial train underway to the station and this is the whole truth. Curse others so that you gain traction and then feed your marketing material Very nice boss. We are here to learn not to get referred to someone else who is your mentor.
They tend to pop their heads into this thread about every 6 months. You could almost set your clock/calendar by it.
Compulsions can be hard to resist
  • #694,405
  • Oct 11, 2022 3:03am Oct 11, 2022 3:03am
Quoting Bryan5229
{quote} I think its better to focus on trading, you cannot force people to look at the market the way you see it, those newbies who lose consistently will one day figure it out. Let them figure out to trade by themselves while in the meantime "we take profits from the impatient".
YES I think you are right EGo overcomes!
  • #694,406
  • Oct 11, 2022 3:03am Oct 11, 2022 3:03am
I trade set up not pairs.. Sometimes i see my setup forming on a pair even before looking at the name of the pair..
All the charts are same... If my setup does not form on a particular pair I'm addicted to what happens ? It means i won't trade on that day uuhhh

If we must trade one particular pair daily then it must be on a 1 or 5 minutes time frame because patterns are quick to form on the lower time frames..

AUDCAD LONG
SL 0.86564
TP 0.87464
My telegram: https://t.me/avidforex
  • #694,407
  • Oct 11, 2022 3:05am Oct 11, 2022 3:05am
Quoting dantpm
{quote} I use the attached, it's pretty quick. {file}
thanks, let me try.

Intraday only.
  • #694,408
  • Oct 11, 2022 3:08am Oct 11, 2022 3:08am
Gbpusd long tp 1.11200
  • #694,409
  • Oct 11, 2022 3:08am Oct 11, 2022 3:08am
Quoting Waveskierrob
{quote} Tails ..if that's any help...{file}

1933... 1 + 9 + 3 + 3 = 10 + 3 + 3 = 16 = 1 + 6 = 7

**7**

It was only a matter of time I find out how you people communicate. Now, I know.. Buy it is.. Thanks!

(Above 5 is buy below is sell and 5 is nothing, no signal).
  • #694,410
  • Oct 11, 2022 3:09am Oct 11, 2022 3:09am
Quoting Fardeen1209
{quote} Congratulation Mr, You've just won the ticket. The ticket to my ignore list! Cause I had enough of your sh*ts
Sorry what did I not do for you?
  • #694,411
  • Oct 11, 2022 3:09am Oct 11, 2022 3:09am
Quoting birdland
{quote} ah, that means also that if the LONG gets TP first the SHORT is "alone" and you add another LONG to compliment the hedge? or just wait till both are filled TP?
yes the first one, when the LONG hits TP then just go LONG again and leave the SHORT alone...... now you can do this straight away or wait until say for example 5 minutes that way your SHORT TP may be hit so then you have no trades on then just start again or you could put a pending LONG on with TP at say 5 pips away, again the pending LONG might not get triggered and it might come down and hit your SHORT TP which will mean both TP's hit, then just start again......play around with it on demo mix it up as we are playing with averages
  • #694,412
  • Oct 11, 2022 3:11am Oct 11, 2022 3:11am
t 09-10
Cable. similar to yesterday my bias is short until 11095 but with a decent trigger , nothing wrong in sticking a long on for small gains.
I am just saying. i will not be trading this.lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #694,413
  • Oct 11, 2022 3:11am Oct 11, 2022 3:11am
Too much scalping is injurious to health as well as Account.

It is too much, yes.

All done at my Round number.

London + FF just started, NY yet to start

.
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Intraday only.
  • #694,414
  • Oct 11, 2022 3:12am Oct 11, 2022 3:12am
Quoting Pat Chiko
{quote} {quote} Thank you for your signal. You're buying GOLD, therefore I assume you follow trend. What time frame is that. Here is H4 Gold Chart. As Newbie, I don't know is this up trend or down trend.... Please teach me, Thank you{image}
Quoting TheWolf
{quote} At least when I'm looking for what trend is in play currently, I only look at Daily Chart. Only Daily. It depends from to trader to trader in my opinion.

Hi The Wolf.
As usual, and as newbie, I'm trying to learn from others.
If point is not clearly made, I will aks question. Hoping I can learn something new here.

He was saying "follow the Trend"
Trying to understand, what is trend ?.
Even looking at Daily chart, we will know what trend. And he's buying ?. Contradicting statement or is he confused ?

Or is it me the one that confused and not understanding what is trend is all about...

Daily Chart, with marked up.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #694,415
  • Oct 11, 2022 3:13am Oct 11, 2022 3:13am
Quoting navk
All my asian trades are closed for a nice profit. FF/LO trades ( long ) still running.
Congratulations!
"No trade is still a trade." - Peter Borish
  • #694,416
  • Oct 11, 2022 3:14am Oct 11, 2022 3:14am
Quoting BeeTogether
{quote} well it should have sent the rocket over 111 but instead it feels like a failed take off and gone under ground
Equities and yen pairs failing to align, be patient I guess. Once it aligns, GU should turn green like EU.
  • #694,417
  • Oct 11, 2022 3:14am Oct 11, 2022 3:14am
Quoting Waveskierrob
{quote} yes the first one, when the LONG hits TP then just go LONG again and leave the SHORT alone...... now you can do this straight away or wait until say for example 5 minutes that way your SHORT TP may be hit so then you have no trades on then just start again or you could put a pending LONG on with TP at say 5 pips away, again the pending LONG might not get triggered and it might come down and hit your SHORT TP which will mean both TP's hit, then just start again......play around with it on demo mix it up as we are playing with averages...
When playing on demo you will see how quickly this will rack up pips on a ranging market then multiply by other pairs and indices .....try to use markets with small spreads
  • #694,418
  • Oct 11, 2022 3:15am Oct 11, 2022 3:15am
Quoting Waveskierrob
{quote} yes the first one, when the LONG hits TP then just go LONG again and leave the SHORT alone...... now you can do this straight away or wait until say for example 5 minutes that way your SHORT TP may be hit so then you have no trades on then just start again or you could put a pending LONG on with TP at say 5 pips away, again the pending LONG might not get triggered and it might come down and hit your SHORT TP which will mean both TP's hit, then just start again......play around with it on demo mix it up as we are playing with averages...

i do something similar.
I also trade off what i call legitimate triggers.. and always keep an eye on the daily range to see how much i can play with.
Obviously a daily range isnt consistent but we have a good idea on how many points it will make.
Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #694,419
  • Oct 11, 2022 3:15am Oct 11, 2022 3:15am
Quoting dantpm
{quote} I use the attached, it's pretty quick. {file}
it works well.

Intraday only.
  • #694,420
  • Oct 11, 2022 3:15am Oct 11, 2022 3:15am
..challenging a prev 1hr sw hi zone right now/23,6% fib, off the last 1hr close - an inverted hammer

1hr below
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