Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#698,061
Oct 19, 2022 5:27am Oct 19, 2022 5:27am

BigNumbers
| Commercial User | Joined Jul 2021 | 3,280 Posts

Quoting bignumbers

Disliked

eurchf long sl 15 pips take 50 pips

Ignored

sl hit

eurcad short sl 20 pips

tp 90 pips

My telegram: https://t.me/avidforex

#698,062
Oct 19, 2022 5:28am Oct 19, 2022 5:28am

Indiara
Joined Aug 2022 | Status: Waiting in the long grass | 1,394 Posts

Quoting TheWolf

Disliked

40 pips retracement again. So.. 30, 40 pips is usual retracement on GBP/USD lately. Quite the retracements.. H4 candle has to give a good wick up before it goes down. Honestly, I was expecting it to go even more up, but I won't complain..

Ignored

Is difficult for me to trade this type of market. I have to wait now until things become more clear for me. I like to be reasonably sure of what will happen when I enter, and I can't be sure, so no entry for me for now.

I am neither brave nor stupid...I am just a part time trader

#698,063
Oct 19, 2022 5:30am Oct 19, 2022 5:30am

billytt
Joined Feb 2009 | Status: Trader | 25,867 Posts

Quoting Indiara

Disliked

{quote} I closed at -12. I think there is no power to break the support, and USDX does not seem to have any energy either. Maybe in NY session, but I won't see much of that so maybe no more for me. But something might happen, is not impossible {image}

Ignored

Trade to support, or to resistance. Follow the market makers.

SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.

#698,064
Oct 19, 2022 5:30am Oct 19, 2022 5:30am

TheWolf
Joined May 2022 | Status: I'm Done | 2,577 Posts

Quoting Indiara

Disliked

{quote} Is difficult for me to trade this type of market. I have to wait now until things become more clear for me. I like to be reasonably sure of what will happen when I enter, and I can't be sure, so no entry for me for now.

Ignored

Sure! Well, next week you will definitely have many opportunities.
I'm looking forward to next week.. Manufacturing, GDP.. a lot of news.

#698,065
Oct 19, 2022 5:30am Oct 19, 2022 5:30am

BigNumbers
| Commercial User | Joined Jul 2021 | 3,280 Posts

Eurusd short

sl 0.98234

My telegram: https://t.me/avidforex

#698,066
Oct 19, 2022 5:32am Oct 19, 2022 5:32am

TheWolf
Joined May 2022 | Status: I'm Done | 2,577 Posts

USD/JPY above 149.50..closer and closer..

#698,067
Oct 19, 2022 5:34am Oct 19, 2022 5:34am

Indiara
Joined Aug 2022 | Status: Waiting in the long grass | 1,394 Posts

Quoting billytt

Disliked

{quote} Trade to support, or to resistance. Follow the market makers.

Ignored

Yes, you are correct. I have to break this habit of entering on top of support. Both USDX and GU were not in ideal positions when I entered. It was a gamble for me and not based on sound TA. Not very smart of me.

Edited

I am neither brave nor stupid...I am just a part time trader

#698,068
Oct 19, 2022 5:36am Oct 19, 2022 5:36am

Indiara
Joined Aug 2022 | Status: Waiting in the long grass | 1,394 Posts

Quoting TheWolf

Disliked

{quote} Sure! Well, next week you will definitely have many opportunities. I'm looking forward to next week.. Manufacturing, GDP.. a lot of news.

Ignored

Yep, I have a tiny profit for the day so is important for me to not book a loss. If no more chances today, then always more chances next day or next week

I am neither brave nor stupid...I am just a part time trader

#698,069
Oct 19, 2022 5:40am Oct 19, 2022 5:40am

DrDave
| Membership Revoked | Joined Jun 2011 | 9,885 Posts

Quoting DrDave

Disliked

64m has gone a rather long time and distance without much in the way of retracements of smaller TFs. so I am watching the rallies and up trends for selling opportunities as they end.

Ignored

The rallies progressed to 30m, so sold on the continuation at 1.1260

To free Gazans of Hamas, use whatever it takes.

#698,070
Oct 19, 2022 5:42am Oct 19, 2022 5:42am

DrDave
| Membership Revoked | Joined Jun 2011 | 9,885 Posts

Quoting Indiara

Disliked

{quote} I closed at -12. I think there is no power to break the support, and USDX does not seem to have any energy either. Maybe in NY session, but I won't see much of that so maybe no more for me. But something might happen, is not impossible {image}

Ignored

I think you lost patience as the rallies that I mentioned earlier were progressing up through the TFs.

To free Gazans of Hamas, use whatever it takes.

#698,071
Oct 19, 2022 5:47am Oct 19, 2022 5:47am

Georginson
Joined Aug 2018 | Status: Research Analyst | 4,290 Posts

I have bought at 1.1255... with very tight stop at 1.1240...

Reasons for Buying here
✓last two days have produced 90 to 185 pips bounce from this same 1.1255...

✓The bounce in the last two days came exactly this time 11:45gmt...

If it does not bounce from here, then my stop will limit the loss and I will buy much lower at 1.1180 area...

Data + Stat + Risk/Emotions Management

#698,072
Oct 19, 2022 5:50am Oct 19, 2022 5:50am

Indiara
Joined Aug 2022 | Status: Waiting in the long grass | 1,394 Posts

Quoting DrDave

Disliked

{quote} I think you lost patience as the rallies that I mentioned earlier were progressing up through the TFs.

Ignored

M5 & M15 were no longer looking very convincing to keep selling so I thought it best to just get out with a small loss that is still covered by the earlier win. I think that billytt was right, I entered right on top of strong support, and that was bad. It tried to break support a few times and in the end I decided that I didn't want to keep a trade that I couldn't protect. It was an all round bad trade for me.

I am neither brave nor stupid...I am just a part time trader

#698,073
Oct 19, 2022 5:50am Oct 19, 2022 5:50am

WizardTrade
Joined Apr 2020 | Status: Risk -> Coffee -> Profit -> Repeat | 1,380 Posts

Behind the scenes of GU

Inserted Video

WARNING: This post warps space and time in its vicinity.

#698,074
Oct 19, 2022 5:56am Oct 19, 2022 5:56am

Robinhood1
Joined Dec 2011 | Status: Postmaster | 11,928 Posts

Quoting Georginson

Disliked

I have bought at 1.1255... with very tight stop at 1.1240... Reasons for Buying here ✓last two days have produced 90 to 185 pips bounce from this same 1.1255... ✓The bounce in the last two days came exactly this time 11:45gmt... If it does not bounce from here, then my stop will limit the loss and I will buy much lower at 1.1180 area...

Ignored

As the markets are in constant movement we have to change course frequently.

POSTMASTER

#698,075
Oct 19, 2022 5:57am Oct 19, 2022 5:57am

Houtbay
Joined Nov 2020 | Status: Trader | 4,573 Posts

Gbpchf long

#698,076
Oct 19, 2022 5:57am Oct 19, 2022 5:57am

Robinhood1
Joined Dec 2011 | Status: Postmaster | 11,928 Posts

Quoting Georginson

Disliked

I have bought at 1.1255... with very tight stop at 1.1240... Reasons for Buying here ✓last two days have produced 90 to 185 pips bounce from this same 1.1255... ✓The bounce in the last two days came exactly this time 11:45gmt... If it does not bounce from here, then my stop will limit the loss and I will buy much lower at 1.1180 area...

Ignored

TP?

POSTMASTER