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Cable Update (GBPUSD)

  • #700,481
  • Oct 25, 2022 8:13am Oct 25, 2022 8:13am
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REDA_EL_HARAOUI
ELITE MOROCCO SNIPER All Time Return: 27.5%
  • #700,482
  • Oct 25, 2022 8:13am Oct 25, 2022 8:13am
Quoting Indiara
{quote} That's fantastic billytt.....thank you
i shall post the same tomorrow.
The 00-00 4 hour range and the 08-00 15 minute range.
AND. i only trade off the 07-45 and 08-00 15 minute candles, unless i have a fail.
I tell you in advance.lol
SLEEEEEEEEEEEEEEEEEEEEEEEEEEP, count pips .
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #700,483
  • Oct 25, 2022 8:14am Oct 25, 2022 8:14am
One last post...UJ is going my way and is looking good. I will try and check the chart tomorrow before work to see if TP is hit

Nightyyy
I am neither brave nor stupid...I am just a part time trader
  • #700,484
  • Oct 25, 2022 8:15am Oct 25, 2022 8:15am
Quoting billytt
{quote} i shall post the same tomorrow. The 00-00 4 hour range and the 08-00 15 minute range. AND. i only trade off the 07-45 and 08-00 15 minute candles, unless i have a fail. I tell you in advance.lol SLEEEEEEEEEEEEEEEEEEEEEEEEEEP, count pips .


I am neither brave nor stupid...I am just a part time trader
  • #700,485
  • Oct 25, 2022 8:15am Oct 25, 2022 8:15am
Quoting Robinhood1
{image}
On its way too
POSTMASTER
  • #700,486
  • Oct 25, 2022 8:15am Oct 25, 2022 8:15am
Quoting billytt
{quote} Seeing as you are still awake. Chart Cable 15 mins. A = 08-00 15 min range. B = 00-00 4 hour range. The high broke so bias is long. can you see how price went back into the 00-00 range and broke out. All of these breaks can be traded, and yes they can fail... I do not trade them anymore as i have no need to. It doesnt matter how high the move is now, we would of caught it. {image}Trade well, sleep better. yaaaaaaaaaaaaaaaaaaaay t 14-06
Really, the 30m is where your focus should have been.

Bigger TFs are going up. Pullbacks occur on smaller TFs and progress upward. Look at how far up the TFs the pullback went: They reached the 30m but did not continue to the 60m. So it was a simple matter of deciding where to get in on the 30m up continuation.
To free Gazans of Hamas, use whatever it takes.
  • #700,487
  • Oct 25, 2022 8:17am Oct 25, 2022 8:17am
Quoting Whale
target for today, 1.1407 (new weekly high) {image}

TP hit
  • #700,488
  • Oct 25, 2022 8:18am Oct 25, 2022 8:18am
Quoting DrDave
{quote} If 4H is to end in what I called a "big failure" in your 30 minute window, then 1H and 2H must also fail. And I do not see that in the cards.
yes, stopped out at 1370
Intraday only.
  • #700,489
  • Oct 25, 2022 8:18am Oct 25, 2022 8:18am
Quoting Georginson
Today's Candle has little or no lower shadow, 75% of the times this happens, price revisits the low to create a lower shadow. I'm selling from 1.1330 and plan to add more sell if it gets to 1.1400, my stop is 1.1425, target set 1.1225... Please no obligation to follow.
Second sell manually placed at 1.1406... first sell still on.. total stake is 1% (prop)
Data + Stat + Risk/Emotions Management
  • #700,490
  • Oct 25, 2022 8:18am Oct 25, 2022 8:18am
Was there any news that prompted the upward move?
Insane in the Brain..
  • #700,491
  • Oct 25, 2022 8:19am Oct 25, 2022 8:19am
Quoting BigNumbers
Always bear in mind that the goal is to achieve a reward that's at least 7 times our risk. We have GBPCAD long running with profit, our aim is to achieve 1:8 RRR on our TP1 @ 70 pips and 1:33 RRR on TP2 300 pips Now I just posted GBPUSD long and our risk to reward is 1:5 RRR TP1 (80 pips) and 1:11 RRR (187 pips) By the time we win these two (2) trades, even if we lose 11 times we'll still be winning. Good Luck, BigNumbers

TP1 Hit 1:8 RRR 70 pips secured, we leave the position open while price are heading to TP2 300 pips 1.33RRR..
I post this even before it happen.. Stop was just 17 pips...
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  • #700,492
  • Oct 25, 2022 8:19am Oct 25, 2022 8:19am
This is the point where I usually add another trade. But, I'm not going to do it today.
I'll let it go up a little, may be to 1.14, then it will come down a bit, and there's when I'll add my long, when it dips later.

Since I'm going to long this Cable to 1.18, I'm not in a hurry to do anything.
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  • #700,493
  • Oct 25, 2022 8:21am Oct 25, 2022 8:21am
Quoting KareemAliFx
Eurusd bulls make me very happy
Very nice mr eurusd bulls
Master your mind. Master Trading.
  • #700,494
  • Oct 25, 2022 8:22am Oct 25, 2022 8:22am
Quoting DrDave
{quote} Really, the 30m is where your focus should have been. Bigger TFs are going up. Pullbacks occur on smaller TFs and progress upward. Look at how far up the TFs the pullback went: They reached the 30m but did not continue to the 60m. So it was a simple matter of deciding where to get in on the 30m up continuation.

No DR, i do not have to trade anymore......i finished several hours ago.
I only need a trigger line off 2 or 3 points in time. ie range of 3 candles.
I am in and out .
thanks for the advice.
trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #700,495
  • Oct 25, 2022 8:22am Oct 25, 2022 8:22am
TP just hit with a profit of 115% on my demo using 2 trades and a 2% risk for both.

Shame I took massive losses on my live though.
  • #700,496
  • Oct 25, 2022 8:22am Oct 25, 2022 8:22am
If you don't enter as i am posting the trade.. this may affect your stop loss...

Did you see the EURUSD Trade... In 10 mins lol..., we netted 50 pips and trade is open until we hit our RRR.

That is our Goal... Not jumping in and out of trades... We must define our objectives

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My telegram: https://t.me/avidforex
  • #700,497
  • Oct 25, 2022 8:23am Oct 25, 2022 8:23am
Quoting navk
{quote} yes, stopped out at 1370
You were getting a bit over confident which is not your style. You are a very good trader

confidence, one of our enemies
POSTMASTER
  • #700,498
  • Oct 25, 2022 8:24am Oct 25, 2022 8:24am
Quoting Indiara
One last post...UJ is going my way and is looking good. I will try and check the chart tomorrow before work to see if TP is hit Nightyyy
Someone said earlier that U/J was going up and they sounded certain. lol.
My inside bar high broke for long and it failed, but then the low broke for decent %%. and no i didnt trade it.lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #700,499
  • Oct 25, 2022 8:26am Oct 25, 2022 8:26am
Quoting Wavegarrick
{quote} A glimmer of hope with trades from my weekly pivot. Cheers. {image}
Have to love it when a plan comes together Folks
Patience and more patience was needed on this one.
Gu descending trend line break and more importantly 1.14000.
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Eu 10 month trend line break and 4hr moving averages crossing over.
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Usdx support area broken and nice move down
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Have a great day.
Trade to trade another day
  • #700,500
  • Oct 25, 2022 8:26am Oct 25, 2022 8:26am
If UJ breaks 148.26 no turning back for the dollar (general) in a while, i may be wrong
POSTMASTER
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