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Cable Update (GBPUSD)

  • #699,461
  • Oct 21, 2022 1:56pm Oct 21, 2022 1:56pm
Quoting Wavegarrick
{quote} Top notch trading George.Keep it up. Have a great weekend, Leon
Thanks Leon
Data + Stat + Risk/Emotions Management
  • #699,462
  • Oct 21, 2022 2:07pm Oct 21, 2022 2:07pm
switched to long , daily floating profit start with 58 $ loss , went up to an 204 $ floating profit
and now i am with 115 $ loss
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yes yes yes
  • #699,463
  • Oct 21, 2022 2:11pm Oct 21, 2022 2:11pm
Quoting JameRomeo168
Dear fellow traders, in next 5-10 years you all will earn at least 100K per month. But those 100K per months come from pain, tear and lession learned during those 5-10 years. Forex Market is not the place for you to make money. Forex Market is the place that build you to be best person that your life had ever seen. And Forex Market will provide an appropriate reward to you based on how much you have built yourself. Happy Trading to you all Happy Weekend Peace and Love {image}
Hi jameRomeo , 100k per month wow,
I guess i have a wishful thought of making a million, may be i am too naive to wish for that kind of epiphany, but i almost lost my physics degree for this sad yet true, i wanna play like how big boys play , and if they don't want that no one play at all, its not that i wanna astra project myself into their project but to crack their methodology wide open ,
I hear kids playing, some crying......
Far away i can also hear my neighbors radio playing ooh geez my mind sometimes forget that i even have a girlfriend, she texted a good night,,, painfully i didn't reply she is now thinking I am cheeting on her.....
Wait she doesn't even know that am starring on my screen right now ....
Wait she doesn't even know if i am Pinocchio on FF, i don't wanna see my nose growing longer , yes pseudo name of mine in FF is fictional one yet real ,
I mean i wanna make millions JR , not fictional one a real one i am sorry i will not agree with your 100k but it sounds cool........ Thanks for wishing us your fellow traders a nice weekend, ill take it with gratitude
I have to text my girlfriend and tell her how GBPUSD did it's things today,,,it's worthless i won't do that she know not a thing
Ooop she texted again......i don't wanna loose her I'll tell her how much she means a world to me and how much FX mean a millions
Have a nice weekend you all .........
Next week it's a big week Cad,Euro rate on the table we have a nice odds to make money.
Auf wiedersehen
I live in the future
  • #699,464
  • Oct 21, 2022 2:12pm Oct 21, 2022 2:12pm
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next targets:
0.96
0.88
0.79
  • #699,465
  • Oct 21, 2022 2:25pm Oct 21, 2022 2:25pm
Quoting Moty
switched to long , daily floating profit start with 58 $ loss , went up to an 204 $ floating profit and now i am with 115 $ loss {image}
finished the day with 54 $ loss
again i let my emotions get over me
thinking i can predict reversal
just trade the system stupide
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yes yes yes
  • #699,466
  • Oct 21, 2022 2:30pm Oct 21, 2022 2:30pm
Quoting crow
{image} next targets: 0.96 0.88 0.79
Below 1.1500 will be refreshing the low of 1.03 this year ... Only start buying when price breaks 1.1500 and makes 1.1000 as support.

✓Monday and Friday produced 232 and 239 pips.
This means recent daily ranges have gradually started reducing to average of 170 pips

✓This week produced 379 pips compared to last two weeks ranges being 457 and 440 pips.
This means weekly ranges too have started stabilizing with average of 400 pips...

This week's gap was successfully filled and even slid south by 117 pips...

The border remains 1.09 - 1.15, which is expected to end this October, as October ranges are usually between 400 - 650 pips... So far this October range stands at (1.0923 - 1.1495) 572 pips... So from this equation this current October high or low may only break by additional 80 pips which means price will be limited to 1.1560 - 1.0850...

A research excerpt with no obligation to follow...

George.
Data + Stat + Risk/Emotions Management
  • #699,467
  • Edited 3:07pm Oct 21, 2022 2:36pm | Edited 3:07pm
Bouncing away..
GBP/USD H4
-----------------------------------------------------------------------------------------
After over 200 pips retracement on USD/JPY, price has collapsed again to ~147.
Not letting go anymore, I guess or at least not that easily..

Advance GDP Q/Q Forecast 2.3% (USD)!

Update: H4 on EUR/USD will confirm buy, which means that Pound will also go up. I'm not about to miss this again! I hope..
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  • #699,468
  • Oct 21, 2022 2:37pm Oct 21, 2022 2:37pm
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been an up and down day lol next box above but play as you see
  • #699,469
  • Oct 21, 2022 2:39pm Oct 21, 2022 2:39pm
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will it bounce of the ema ?
  • #699,470
  • Oct 21, 2022 2:41pm Oct 21, 2022 2:41pm
Quoting crow
{image} next targets: 0.96 0.88 0.79

Above 1.10 aand touch 1.15 in this Quarter us a sign of 1.20

below 1.10 and break of Q3 low is a sign of 1.00 and 0.9

looking at the time factor i am for 1.20
MY OPINION NOT FINANCIAL ADVISE
  • #699,471
  • Oct 21, 2022 2:41pm Oct 21, 2022 2:41pm
Moty, you have an amazing sense of direction and target!
The markets were wild today. I left the room for no more than 5 minutes and when I came back my stops were hit.
Monday is another day.

Quoting Moty
{quote} finished the day with 54 $ loss again i let my emotions get over me thinking i can predict reversal just trade the system stupide {image}
Funded trader
  • #699,472
  • Oct 21, 2022 2:45pm Oct 21, 2022 2:45pm
Quoting Georginson
{quote} Below 1.1500 will be refreshing the low of 1.03 this year ... Only start buying when price breaks 1.1500 and makes 1.1000 as support. ✓Monday and Friday produced 232 and 239 pips. This means recent daily ranges have gradually started reducing to average of 170 pips ✓This week produced 379 pips compared to last two weeks ranges being 457 and 440 pips. This means weekly ranges too have started stabilizing with average of 400 pips... This week's gap was successfully filled and even slid south by 117 pips... The border remains...


looking at the current high of Q4 is just 5 pips tp 1.15
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MY OPINION NOT FINANCIAL ADVISE
  • #699,473
  • Oct 21, 2022 2:53pm Oct 21, 2022 2:53pm
Quoting donfriday
{quote} Above 1.10 aand touch 1.15 in this Quarter us a sign of 1.20 below 1.10 and break of Q3 low is a sign of 1.00 and 0.9 looking at the time factor i am for 1.20
With Fed "screwing up" today and the threat of another intervention by BoJ, 1.20 is more likely than 1.03 again. With how today action played out, I think M pattern is broken. The price will naturally continue in an uptrend with another leg to 1.17 (or 1.166 what Wiz thinks). Pound survived a lot of hits so far.. "short" term it might get to 1.20 yeah. In the long term, no currency out of this 8 will be stronger than USD. I think Advance GDP Q/Q is going to be important this next week and then ofc interest rates 2. and 3. of November. After that elections. If everything lines up, Pound is at 1.20 easily. Just my view on this..

Actually, I hope to see some relief from USD, it got annoying seeing USD appreciate all the time.
  • #699,474
  • Oct 21, 2022 2:57pm Oct 21, 2022 2:57pm
Quoting TonyTepeli
{quote} Hi jameRomeo , 100k per month wow, I guess i have a wishful thought of making a million, may be i am too naive to wish for that kind of epiphany, but i almost lost my physics degree for this sad yet true, i wanna play like how big boys play , and if they don't want that no one play at all, its not that i wanna astra project myself into their project but to crack their methodology wide open , I hear kids playing, some crying...... Far away i can also hear my neighbors radio playing ooh geez my mind sometimes forget that i even have...
100k per month wow,
But in the 5-10 years from now that he mentioned, it will be the equivalent of about 1k per month in today's value.
To free Gazans of Hamas, use whatever it takes.
  • #699,475
  • Oct 21, 2022 2:57pm Oct 21, 2022 2:57pm
run up to 1.1390
POSTMASTER
  • #699,476
  • Oct 21, 2022 2:57pm Oct 21, 2022 2:57pm
Quoting sbmortimer
Moty, you have an amazing sense of direction and target! The markets were wild today. I left the room for no more than 5 minutes and when I came back my stops were hit. Monday is another day. {quote}
i had 2 chances to get out from the big loss , but i have a problem take a loss or not a big win
the most profitable days for , are the days that i taking few losses ,
because if i don't take a loss get wiped out
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yes yes yes
  • #699,477
  • Oct 21, 2022 2:59pm Oct 21, 2022 2:59pm
Still holding short lol…. Let’s see how that hurts me on Monday
Insane in the Brain..
  • #699,478
  • Oct 21, 2022 3:05pm Oct 21, 2022 3:05pm
Quoting BeeTogether
Still holding short lol…. Let’s see how that hurts me on Monday
You are brave to hold man

I'd be waiting for those yellow zone to short something and see
But we'll see next week
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COT: The precious data ignored
  • #699,479
  • Oct 21, 2022 3:05pm Oct 21, 2022 3:05pm
Quoting DrDave
{quote} 100k per month wow, But in the 5-10 years from now that he mentioned, it will be the equivalent of about 1k per month in today's value.
Well said Doc.
I live in the future
  • #699,480
  • Oct 21, 2022 3:06pm Oct 21, 2022 3:06pm
Quoting Moty
{quote} i had 2 chances to get out from the big loss , but i have a problem take a loss or not a big win the most profitable days for , are the days that i taking few losses , because if i don't take a loss get wiped out {image}
I like your honesty Moty. you will learn a helluva lot from your mistakes. Just keep at it
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