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Cable Update (GBPUSD)

  • #698,241
  • Oct 19, 2022 10:31am Oct 19, 2022 10:31am
Quoting bilal1947
GU shorted: 7 pip SL {image}
(1:4RR) +28pips already on main entry alone
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 24 KB
"Exchange of hands"
  • #698,242
  • Oct 19, 2022 10:34am Oct 19, 2022 10:34am
i promised 400 $ in the morning , i believe i can deliver
tp for all position is 1.12000
Attached Image (click to enlarge)
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yes yes yes
  • #698,243
  • Oct 19, 2022 10:36am Oct 19, 2022 10:36am
Quoting MrFanciful
{quote} I have a mindset different from most (probably why I'm such a loser at this) but I've never understood why higher TFs are seen as more "powerful" than lower ones. The way I see it, a 1hr candle, is simply the aggregate to 60 1min candles. The 1hr is simply telling you the range that the previous 60 1min candle traded within. In fact, I just see the candles, and price action as simply a lagging indicator. This comes from a book by Al Brooks that I read. Basically, no one knows, whether the next order to come in will be a buy or a sell, what...
On a simper note, time-based price bars are just a method to "smooth the view" as well as place some metrics (O, H, L, C) of incoming tick data. You could just plot the price of each tick according to the time that it is posted and then work with that scatter plot. The patterns are all right there. But because financial time series contain both random and non-random parts, it becomes very difficult to discover the non-random part (that you really want to see) because of the random part. So people devise methods to smooth the view to try to make it easier and more convenient to find patterns. Bar charts happen to be a method that caught on. Bar charts are not required. You can do a simple line plot of the price with every tick. You can manipulate the raw tick data a variety of ways to give you a different view of things.

There very well could be a much better method of display of the tick data for trading purposes than any of the ways that have been demonstrated to date.
To free Gazans of Hamas, use whatever it takes.
  • #698,244
  • Oct 19, 2022 10:37am Oct 19, 2022 10:37am
Attached Image (click to enlarge)
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close
  • #698,245
  • Oct 19, 2022 10:39am Oct 19, 2022 10:39am
Quoting suhas316
Sell GBP/USD @ 1.12500 stop loss 30 pips 1st Target 40 pips 2nd Target 80 pips
20+ pips now
!! Radha Radha !!
  • #698,246
  • Oct 19, 2022 10:40am Oct 19, 2022 10:40am
Quoting Bella.al
{quote} Current Rate : 1.12384 I am +107 Pips as i write this i made modifications to the running order as follows Adjusted T/P : 1.11868 Trailing Stop : 1.12853 ( Locked +60 Pips ) {image}
Current Rate : 1.12344

I have closed the position manually at 1.12332 with +112 Pips in Profit. I have to re-work on my analysis.
Attached Image (click to enlarge)
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Goddess of Thunder..
  • #698,247
  • Oct 19, 2022 10:40am Oct 19, 2022 10:40am
Quoting MrFanciful
{quote} I have a mindset different from most (probably why I'm such a loser at this) but I've never understood why higher TFs are seen as more "powerful" than lower ones. The way I see it, a 1hr candle, is simply the aggregate to 60 1min candles. The 1hr is simply telling you the range that the previous 60 1min candle traded within. In fact, I just see the candles, and price action as simply a lagging indicator. This comes from a book by Al Brooks that I read. Basically, no one knows, whether the next order to come in will be a buy or a sell, what...
By the way, nobody knows when the next decay event will occur in a radioactive element. But oddly enough, every radioactive element has a published half-life. That is, it is known that in X amount of time, that mass of radioactive material will be reduced to half of what it is now. It seems odd, because we have no way of knowing exactly when the next decay event will occur, and would have a very poor record at predicting when the next one occurs, but we can know quite accurately when half of it will be gone.
To free Gazans of Hamas, use whatever it takes.
  • #698,248
  • Oct 19, 2022 10:41am Oct 19, 2022 10:41am
Quoting Wavegarrick
{quote} There is a bit of a stutter at my daily support 1. Long trade entered. I could be wrong. We are on the edge of a cliff. Have a great day. Cheers {image}
Trade progress update,
I manually closed the above quoted link from my daily support 1 for 17 pips loss.
Quote
Support Zone with the gap just below. I am looking for clues to buy around this area 1.1230.
Cheers.
2 buy trades closed to cover the loss. One trade locked in breakeven and some.
A new low should go into Gap territory for a possible Gap close. My weekly pivot at 1.11599 a possible target.
Attached Image (click to enlarge)
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4Hr chart a very strong support zone (yellow high light) The Gap between my 2 moving averages narrowing.
Attached Image (click to enlarge)
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Trade Safe
Trade to trade another day
  • #698,249
  • Oct 19, 2022 10:43am Oct 19, 2022 10:43am
Quoting Pat Chiko
{quote} GU Minor pullback Final stop next. Any comment and view welcome.{image}
GU

Pullback to supply zone.
Scalping for lower level breaking support
Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #698,250
  • Oct 19, 2022 10:47am Oct 19, 2022 10:47am
*UK TREASURY TO TRANSFER £11 BILLION TO BOE TO COVER QE LOSSES
oops
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #698,251
  • Oct 19, 2022 10:48am Oct 19, 2022 10:48am
Got this feeling price wants 11285+
COT: The precious data ignored
  • #698,252
  • Oct 19, 2022 10:49am Oct 19, 2022 10:49am
Quoting Robinhood1
This gap may not be filled. After smoking my weed TP 1.2000
I have a dream. by monday
POSTMASTER
  • #698,253
  • Oct 19, 2022 10:50am Oct 19, 2022 10:50am
Break of 1220 will lead to more fall.

But to me..unlikely to break.

Atleast for today
Intraday only.
  • #698,254
  • Oct 19, 2022 10:57am Oct 19, 2022 10:57am
Quoting Robinhood1
{quote} I have a dream. by monday
this is the first time i agree with this as*
  • #698,255
  • Oct 19, 2022 11:00am Oct 19, 2022 11:00am
Quoting navk
Break of 1220 will lead to more fall. But to me..unlikely to break. Atleast for today
navk, there is still the chance...GU is below YCL, YL, NY Open...
Always trade your own plan...I don't provide trading signals.
  • #698,256
  • Oct 19, 2022 11:02am Oct 19, 2022 11:02am
Quoting Coreg2004
{quote} navk, there is still the chance...GU is below YCL, YL, NY Open...
yes, i will take loss at 1220
Intraday only.
  • #698,257
  • Oct 19, 2022 11:08am Oct 19, 2022 11:08am
Quoting Coreg2004
{quote} navk, there is still the chance...GU is below YCL, YL, NY Open...
probably, down momentum .
but bears working hard.
  • #698,258
  • Oct 19, 2022 11:09am Oct 19, 2022 11:09am
Quoting suhas316
{quote} 20+ pips now
30+ pips now
!! Radha Radha !!
  • #698,259
  • Oct 19, 2022 11:11am Oct 19, 2022 11:11am
Quoting Whale
{quote} probably, down momentum . but bears working hard.
I took loss.

But why it was hard ?

Look at hourly.

200 hr ema
Intraday only.
  • #698,260
  • Oct 19, 2022 11:11am Oct 19, 2022 11:11am
Quoting bilal1947
GU shorted: 7 pip SL {image}
Entry has unfold really well,

(1:7RR) +49pips alone on the main entry.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 25 KB
"Exchange of hands"
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