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Cable Update (GBPUSD)

  • #703,461
  • Nov 3, 2022 10:53am Nov 3, 2022 10:53am
Quoting mtako
{quote} wicks have important data, but its a healthy habit to also have strategies that do not take wicks into account ..and remember, wicks in one tf are actual candle bodies in another...its weird thats its weird within weird, surrounded by weird {image}
Very well explained!!
  • #703,462
  • Nov 3, 2022 10:54am Nov 3, 2022 10:54am
Excellet long setup 5m tf
low risk.
  • #703,463
  • Nov 3, 2022 10:55am Nov 3, 2022 10:55am
Sometimes, it worths posting looooosing trade, so we got our expectation well anchored, at 2%. Realistically.

Let's see how long does it take to return to 1.16. If it takes 1 day to drop 400 points, then going back up takes at least 4 days, may be 4 weeks.

Nothing dramatic. It's just part of the game.
Attached Image(s) (click to enlarge)
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  • #703,464
  • Nov 3, 2022 10:56am Nov 3, 2022 10:56am
Quoting Whale
Excellet long setup 5m tf low risk.
Now everyone uses 5M.. noo my secret to trading is revealed...
  • #703,465
  • Nov 3, 2022 10:57am Nov 3, 2022 10:57am
Quoting Whale
Excellet long setup 5m tf low risk.
low risk = tiny SL? I think here is worth it buy max SL30. wishing you the best with your trade mate!
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #703,466
  • Nov 3, 2022 10:58am Nov 3, 2022 10:58am
Legend has it, when 5M Chart confirms Buy or Sell price usually goes 2000 pips one way or the other..

UUUU It's over fellas! GBP/USD at 0.92 in no time!!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 5M Holy Grail.png Size: 4 KB
  • #703,467
  • Nov 3, 2022 11:00am Nov 3, 2022 11:00am
Quoting mtako
{quote} low risk = tiny SL? I think here is worth it buy max SL30. wishing you the best with your trade mate!
Yes
Attached Image (click to enlarge)
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  • #703,468
  • Nov 3, 2022 11:03am Nov 3, 2022 11:03am
Quoting Pat Chiko
{quote} GU Partial TP. Moved stop{image}
GU

Add on pullback.
Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #703,469
  • Nov 3, 2022 11:05am Nov 3, 2022 11:05am
Quoting TheWolf
ISN'T IT WEIRD THAT THE CANDLE MAKER HAS TO ALWAYS LEAVE A WICK? Definitely not supply and demand, Bullshit! Something makes the candles in the background leaving traces and clues all over the shop.
this is how they fool people , they give them a reason to buy or sell then they go against this direction .
  • #703,470
  • Nov 3, 2022 11:10am Nov 3, 2022 11:10am
BoE

COPY & PASTE from Twitter....
(Mr Hindsight , wish I create this post on my own...)

Attached Image (click to enlarge)
Click to Enlarge Name: BOE interpret.jpg Size: 17 KB

Bailey don't want to admit how badly his QE effort failed
And The Brits love to argue. ( sorry guys from Brits)...
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #703,471
  • Nov 3, 2022 11:11am Nov 3, 2022 11:11am
Cation Buyers ....Eurusd sell @ 9758 TP 9718

Trade Safe
  • #703,472
  • Nov 3, 2022 11:16am Nov 3, 2022 11:16am
PPMS Primitive Poor Man Solution.

90° / 8 = 11.25°. -68° = 6 x 11.25 = 67.5°.

If Price Action breaks this steep Angle on the Upside we can suspect a "Change in Trend" at least a counter-trend Reaction
Attached Image (click to enlarge)
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  • #703,473
  • Nov 3, 2022 11:18am Nov 3, 2022 11:18am
Quoting cchin
Sometimes, it worths posting looooosing trade, so we got our expectation well anchored, at 2%. Realistically. Let's see how long does it take to return to 1.16. If it takes 1 day to drop 400 points, then going back up takes at least 4 days, may be 4 weeks. Nothing dramatic. It's just part of the game. {image} {image}
I love your approach to the marketTrade small, let it mature.
Trade to trade another day
  • #703,474
  • Nov 3, 2022 11:19am Nov 3, 2022 11:19am
Quoting Pat Chiko
BoE COPY & PASTE from Twitter.... (Mr Hindsight , wish I create this post on my own...) {image} Bailey don't want to admit how badly his QE effort failed And The Brits love to argue. ( sorry guys from Brits)...
Way too many people appreciate what you do to consider the handful of uniformed who do not!
  • #703,475
  • Nov 3, 2022 11:20am Nov 3, 2022 11:20am
Quoting Pat Chiko
BoE COPY & PASTE from Twitter.... (Mr Hindsight , wish I create this post on my own...) {image} Bailey don't want to admit how badly his QE effort failed And The Brits love to argue. ( sorry guys from Brits)...
Lets see if this works out
How to succeed in zero sum game?
  • #703,476
  • Nov 3, 2022 11:21am Nov 3, 2022 11:21am
USDCad trend is up, waiting to buy at 1.37050
  • #703,477
  • Nov 3, 2022 11:23am Nov 3, 2022 11:23am
Quoting Jollson
Cation Buyers ....Eurusd sell @ 9758 TP 9718 Trade Safe
2 are more than enough so added 1 more @ 9767
Now i am ready to play Tom & Jerry

Trade Light n Trade Safe
  • #703,478
  • Nov 3, 2022 11:24am Nov 3, 2022 11:24am
Pat It is still too early to go long According to my view.
  • #703,479
  • Nov 3, 2022 11:25am Nov 3, 2022 11:25am
GU help me pay the rent…
help, SOS
  • #703,480
  • Nov 3, 2022 11:26am Nov 3, 2022 11:26am
Quoting Whale
{quote} Yes {image}
Close plus 3
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