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Cable Update (GBPUSD)

  • #700,541
  • Oct 25, 2022 9:10am Oct 25, 2022 9:10am
Quoting TheWolf
{quote} I'll try short before the news, let's see. Manual TP and SL. Okey.. I'm out
If you look closely to M15 chart, you will see price imbalance from 1.13 to current price. There will be no way (Unless there is manual intervention or any black swan event) market will continues to move higher without go back to rebalance that area.

This is we call Liquidity Void. 80% market will be back to fill that imbalance area.
With courage, patience, and discipline, success is a matter of time.
  • #700,542
  • Oct 25, 2022 9:11am Oct 25, 2022 9:11am
the winner is ..... 4 hour usdx
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  • #700,543
  • Oct 25, 2022 9:13am Oct 25, 2022 9:13am
Current Rate : 1.14701

There is nothing to report from my end .. still in ranging structure . waiting patiently.

Bella's Trend Cycles.
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Goddess of Thunder..
  • #700,544
  • Oct 25, 2022 9:13am Oct 25, 2022 9:13am
Quoting JameRomeo168
{quote} If you look closely to M15 chart, you will see price imbalance from 1.13 to current price. There will be no way (Unless there is manual intervention or any black swan event) market will continues to move higher without go back to rebalance that area. This is we call Liquidity Void. 80% market will be back to fill that imbalance area.
depends on broker feed
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  • #700,545
  • Oct 25, 2022 9:17am Oct 25, 2022 9:17am
on 0.01 for 2 to 3 weeks until gaining consistancy n confidence
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  • #700,546
  • Oct 25, 2022 9:19am Oct 25, 2022 9:19am
1.1430 is tp upto now
  • #700,547
  • Oct 25, 2022 9:19am Oct 25, 2022 9:19am
Long at 11470 TP at 11530
Insane in the Brain..
  • #700,548
  • Oct 25, 2022 9:20am Oct 25, 2022 9:20am
Quoting greenpips4
on 0.01 for 2 to 3 weeks until gaining consistancy n confidence {image}
You are good bro.
Your entry is at the liquidity level.
More time in the market, does not mean you trade better!
  • #700,549
  • Oct 25, 2022 9:21am Oct 25, 2022 9:21am
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already flipped of 1 min
  • #700,550
  • Oct 25, 2022 9:22am Oct 25, 2022 9:22am
Quoting Georginson
{quote} Stop set at 1.1500
Stop loss narrowly escaped... Sell from 1.1440 closed at 1.1449, minus 9 pips... Second sell will also be closed of price reaches 1.1430... good relief...
Data + Stat + Risk/Emotions Management
  • #700,551
  • Oct 25, 2022 9:24am Oct 25, 2022 9:24am
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3 running all longs take profit might pull the 1.143 target to stops
  • #700,552
  • Oct 25, 2022 9:25am Oct 25, 2022 9:25am
Quoting firsttimer
chart tells me to long. it seems like im the only one. shall stick to system. {image}
strong down move for usd.

shall wait for retracement. favours long now.
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  • #700,553
  • Oct 25, 2022 9:26am Oct 25, 2022 9:26am
Quoting Yngwie
Sell 1.1496 SL 1.1530
Close for 50 pips
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #700,554
  • Oct 25, 2022 9:28am Oct 25, 2022 9:28am
After a series of losses that caused me to lose all my Spare money,
I'm taking a break for something like two weeks,
I have to recover mantely and financially,
good luck friends
I said in the morning first target 1.14000
Second target 1.15000
I didn't go with it in the end
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yes yes yes
  • #700,555
  • Oct 25, 2022 9:29am Oct 25, 2022 9:29am
Quoting JameRomeo168
{quote} If you look closely to M15 chart, you will see price imbalance from 1.13 to current price. There will be no way (Unless there is manual intervention or any black swan event) market will continues to move higher without go back to rebalance that area. This is we call Liquidity Void. 80% market will be back to fill that imbalance area.
I actually cought some of the retracement ~20 pips. I am waiting now to enter long. Perhaps we'll have to wait for another 15M..
If price gets to 1.1422 I'll enter long, otherwise.. not a fixed level ofc, changes every 15M.

USD/JPY 148.27

This does look familiar, consolidating for a little bit before another push up..
  • #700,556
  • Oct 25, 2022 9:34am Oct 25, 2022 9:34am
Quoting Moty
After a series of losses that caused me to lose all my Spare money, I'm taking a break for something like two weeks, I have to recover mantely and financially, good luck friends I said in the morning first target 1.14000 Second target 1.15000 I didn't go with it in the end {image}
this is poor money management and must work on direction. This is just my opinion but should take a break from live trading and do paper trading for now. Good luck
Master your mind. Master Trading.
  • #700,557
  • Oct 25, 2022 9:34am Oct 25, 2022 9:34am
Quoting Robinhood1
What puzzles me is that while audusd will travel 400 pips cable 200. Its normally the other way round but velocity can vary sometimes. We´ll see
Some kind of aussi news will boost the pair
POSTMASTER
  • #700,558
  • Oct 25, 2022 9:35am Oct 25, 2022 9:35am
Quoting Moty
After a series of losses that caused me to lose all my Spare money, I'm taking a break for something like two weeks, I have to recover mantely and financially, good luck friends I said in the morning first target 1.14000 Second target 1.15000 I didn't go with it in the end {image}
Buddy I’m in similar the move today and Friday whacked me for 6! Am trading with very small amounts now. But I hear you about the mental battering. Take care
Insane in the Brain..
  • #700,559
  • Oct 25, 2022 9:36am Oct 25, 2022 9:36am
Quoting Robinhood1
{quote} Some kind of aussi news will boost the pair
2:30 am my time
POSTMASTER
  • #700,560
  • Oct 25, 2022 9:36am Oct 25, 2022 9:36am
Quoting Georginson
{quote} Stop loss narrowly escaped... Sell from 1.1440 closed at 1.1449, minus 9 pips... Second sell will also be closed of price reaches 1.1430... good relief...
I can now comfortably sell again if it reaches 1.1515...
Data + Stat + Risk/Emotions Management
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