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Cable Update (GBPUSD)

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  • Post #704,701
  • Quote
  • Nov 7, 2022 1:55pm Nov 7, 2022 1:55pm
  •  Georginson
  • Joined Aug 2018 | Status: Veteran | 3,441 Posts
Quoting Coreg2004
Disliked
{quote} Georginson, I'm doing this for years but it doesn't matter what we post here. People rarely take it to the heart. Diagrams, theories, rules, and laws of the charts are not as exciting as seeing posts with 400k in one week. {image}
Ignored
@Coreg2004, @elbert... You guys are one of the few that post charts and extremely useful set ups... Not necessarily posting profits or losses. Traders giving massive attention to post involving 400k in one week shows how vain most of us are... Though posting of profits can encourage others having losses to believe they can turn it around but I'm of the school of thought that charts and set up posting can be generally useful to genuine traders that want to follow learning process not just ephemeral results without consistency.

Keep up the good work mate.

Cheers,
George.
Swing and Intraday
 
12
  • Post #704,702
  • Quote
  • Nov 7, 2022 1:59pm Nov 7, 2022 1:59pm
  •  Jolita
  • Joined Jan 2012 | Status: Opalescent | 3,302 Posts
Yes, one of better days today , some I've been holding in a while.
Most positions closed.

New entry on GU - short.
 
5
  • Post #704,703
  • Quote
  • Nov 7, 2022 1:59pm Nov 7, 2022 1:59pm
  •  ScalaFX
  • Joined May 2021 | Status: T and CT Trader | 2,767 Posts
Hi all!
Hope everyone doing good work and make money
My setup is Sell 1530 with 1250 profit taking
P.S. no time to post everyday becouse making some pojects, but I will try from time to time cheers
People don't plan to lose. They lose because they don't plan.
 
10
  • Post #704,704
  • Quote
  • Nov 7, 2022 2:05pm Nov 7, 2022 2:05pm
  •  elbert3
  • Joined Dec 2013 | Status: Member | 19,217 Posts
Just had to re hedge long but it might just be confined top . Carefull
 
2
  • Post #704,705
  • Quote
  • Nov 7, 2022 2:06pm Nov 7, 2022 2:06pm
  •  Jolita
  • Joined Jan 2012 | Status: Opalescent | 3,302 Posts
Quoting Whale
Disliked
Im a bit jealous here.. everyone are posting only success and im the only one who is losing..
Ignored
Ohh, hopefully not for long.
8am London opening candle was strong. Tomorrows reaction is important for direction.
Good luck to you.
 
1
  • Post #704,706
  • Quote
  • Nov 7, 2022 2:07pm Nov 7, 2022 2:07pm
  •  mtako
  • Joined Sep 2020 | Status: Member | 5,005 Posts
Quoting ScalaFX
Disliked
Hi all! Hope everyone doing good work and make money My setup is Sell 1530 with 1250 profit taking P.S. no time to post everyday becouse making some pojects, but I will try from time to time cheers
Ignored
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! so nice to see you mate Welcome welcome welcome goodhearted fellow!
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If I don't mention SL and TP = longer-term setup possibly in the works!
 
3
  • Post #704,707
  • Quote
  • Nov 7, 2022 2:09pm Nov 7, 2022 2:09pm
  •  Jolita
  • Joined Jan 2012 | Status: Opalescent | 3,302 Posts
Quoting ScalaFX
Disliked
Hi all! Hope everyone doing good work and make money My setup is Sell 1530 with 1250 profit taking P.S. no time to post everyday becouse making some pojects, but I will try from time to time cheers
Ignored
Hey, nice to see you back Scala!
 
1
  • Post #704,708
  • Quote
  • Nov 7, 2022 2:10pm Nov 7, 2022 2:10pm
  •  Whale
  • Joined Jun 2013 | Status: Underwater | 8,977 Posts | Online Now
Quoting Jolita
Disliked
{quote} Ohh, hopefully not for long. 8am London opening candle was strong. Tomorrows reaction is important for direction. Good luck to you.
Ignored
1.1585 is dead line.. my stop.
if it will hit my whole map is ruined
Keep it simple, stupid.
 
2
  • Post #704,709
  • Quote
  • Nov 7, 2022 2:13pm Nov 7, 2022 2:13pm
  •  ICouldBWrong
  • | Joined Apr 2020 | Status: Member | 185 Posts
I feel like we're getting pretty close to shorting territory at this point. I just have a hard time believing g/u will break this longer term trendline (which it has been respecting up until now) prior to CPI release on Thursday. More likely seems like a pullback and range trading over the next few days. A better then expected CPI report could send this pair shooting up though. Dollar is in similar position at potential trendline area and is due for a pullback after a very bearish past few days as well. But hey, what do I know? Market could certainly prove me wrong.
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2
  • Post #704,710
  • Quote
  • Nov 7, 2022 2:13pm Nov 7, 2022 2:13pm
  •  Coreg2004
  • Joined Oct 2009 | Status: Member | 2,718 Posts
Quoting Georginson
Disliked
{quote} @Coreg2004, @elbert... You guys are one of the few that post charts and extremely useful set ups... Not necessarily posting profits or losses. Traders giving massive attention to post involving 400k in one week shows how vain most of us are... Though posting of profits can encourage others having losses to believe they can turn it around but I'm of the school of thought that charts and set up posting can be generally useful to genuine traders that want to follow learning process not just ephemeral results without consistency. Keep up the...
Ignored
Georginson, I'm not saying there is anything wrong with posting profits and other success stories. I read these posts with great interest and admiration in my free time although I concentrate on posts that can have an immediate impact on my trading (profits). Too many traders to mention who sharpen my focus after I read their posts. We have a bunch of very good people here and I'm glad I'm part of this thread.
Always trade your own plan...I don't provide trading signals.
 
10
  • Post #704,711
  • Quote
  • Nov 7, 2022 2:19pm Nov 7, 2022 2:19pm
  •  Georginson
  • Joined Aug 2018 | Status: Veteran | 3,441 Posts
Quoting Coreg2004
Disliked
{quote} Georginson, I'm not saying there is anything wrong with posting profits and other success stories. I read these posts with great interest and admiration in my free time although I concentrate on posts that can have an immediate impact on my trading (profits). Too many traders to mention who sharpen my focus after I read their posts. We have a bunch of very good people here and I'm glad I'm part of this thread.
Ignored
I totally get your point mate, I just used the opportunity to state my view on the subject.
Swing and Intraday
 
1
  • Post #704,712
  • Quote
  • Nov 7, 2022 2:21pm Nov 7, 2022 2:21pm
  •  elbert3
  • Joined Dec 2013 | Status: Member | 19,217 Posts
All aboard
 
 
  • Post #704,713
  • Quote
  • Nov 7, 2022 2:22pm Nov 7, 2022 2:22pm
  •  Georginson
  • Joined Aug 2018 | Status: Veteran | 3,441 Posts
I'm getting mixed signals based on this post from yesterday...

A dual scenario is playing out now, I will close my sell once price gets back to 1.1500.

I will wait for price to trade below 1.1422 tomorrow before pulling the sell trigger, failure to trade below 1.1422 tomorrow will mean 1.1680 - 1.1720 is very much a possibility and I will react accordingly by buying to that area on any pull back above 1.1422...
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Swing and Intraday
 
8
  • Post #704,714
  • Quote
  • Nov 7, 2022 2:22pm Nov 7, 2022 2:22pm
  •  elbert3
  • Joined Dec 2013 | Status: Member | 19,217 Posts
Quoting Coreg2004
Disliked
{quote} Georginson, I'm not saying there is anything wrong with posting profits and other success stories. I read these posts with great interest and admiration in my free time although I concentrate on posts that can have an immediate impact on my trading (profits). Too many traders to mention who sharpen my focus after I read their posts. We have a bunch of very good people here and I'm glad I'm part of this thread.
Ignored
count yourself in that bracket buddy . Regards E
 
2
  • Post #704,715
  • Quote
  • Nov 7, 2022 2:27pm Nov 7, 2022 2:27pm
  •  JameRomeo168
  • | Joined Jul 2021 | Status: Member | 182 Posts
Quoting bilal1947
Disliked
{quote} If your e following ICT let me mark it for you: we will only use terms as Liquidity or hold highs/lows, Fvg and OB, i hardly see BOS as well Price can flip upon filling of fvg, tap in to OB or after taking a swing, if price has to go up it will comes back to fill the fvgs and tapping into OB and making HLs as we noticed in todays GU / EU scenario. {image}
Ignored

Very very thank you Bilal for your correction. It is very hard to find high impact member who spend their valuable time to correct someone’s mistake with valuable detail and information. But thank god, I found you

I have been learning ICT & SMC for for only 6 months and I think I have a lot of thing more to learn. Finding daily bias and valid order block are two of my challenges. I failed a lot of time but still not giving up on learning.

Your information is very helpful to correct my mistake and to improve my self as SMC trader.

God bless you Bilal
Have a nice day
 
4
  • Post #704,716
  • Quote
  • Nov 7, 2022 2:33pm Nov 7, 2022 2:33pm
  •  Moty
  • Joined Dec 2017 | Status: Member | 22,247 Posts
Time to do a temporary balance
you remember that i made 2850 $ from 140 $ in 3 weeks and then lost
almost all into 250 $ , now the balance from 29th of September is 1276 $
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3
  • Post #704,717
  • Quote
  • Nov 7, 2022 2:36pm Nov 7, 2022 2:36pm
  •  Jolita
  • Joined Jan 2012 | Status: Opalescent | 3,302 Posts
Quoting Whale
Disliked
{quote} 1.1585 is dead line.. my stop. if it will hit my whole map is ruined
Ignored
It doesn't look good for bears at all. I am in it only for a few. Monthly is gready for 1.20, weekly overbought Stochatic. 4 hr no signs of bears. I think China will smash dollar overnight. Not sure what to expect from US elections. Risk on.

4hr.
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2
  • Post #704,718
  • Quote
  • Nov 7, 2022 2:39pm Nov 7, 2022 2:39pm
  •  dantpm
  • Joined Aug 2022 | Status: Stubborn, slow but still learning! | 2,070 Posts
Quoting Jolita
Disliked
{quote} It doesn't look good for bears at all. I am in it only for a few. Monthly is gready for 1.20, weekly overbought Stochatic. 4 hr no signs of bears. I think China will smash dollar overnight. Not sure what to expect from US elections. Risk on. 4hr. {image}
Ignored
Election results are tomorrow night
Stubborn, often slow but still learning!
 
3
  • Post #704,719
  • Quote
  • Nov 7, 2022 2:43pm Nov 7, 2022 2:43pm
  •  mtako
  • Joined Sep 2020 | Status: Member | 5,005 Posts
As always, it was sure nice spending time with you all!

I hope to wake up and see all my remaining untriggered orders triggered, then pinch myself and still not wake up

Nighty night folks,!

Oh, I almost forgot, Sell stop 1465 ! Cheers !!! ! !
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If I don't mention SL and TP = longer-term setup possibly in the works!
 
5
  • Post #704,720
  • Quote
  • Nov 7, 2022 3:02pm Nov 7, 2022 3:02pm
  •  Whale
  • Joined Jun 2013 | Status: Underwater | 8,977 Posts | Online Now
Quoting Jolita
Disliked
{quote} It doesn't look good for bears at all. I am in it only for a few. Monthly is gready for 1.20, weekly overbought Stochatic. 4 hr no signs of bears. I think China will smash dollar overnight. Not sure what to expect from US elections. Risk on. 4hr. {image}
Ignored
price never lie, although some of here think it is.. its lies when its against them, and when they are in the money the price is right.

im running circa -200 average short. -11290$ right now.
lets hope i will not say goodbye.

And the funny story is that I was driving to work today, and I had a flat tire on the way, I pulled over, opened the phone and saw the price (before LO) I pushed a few shorts because I was sure that the route to 1.1 is open. I finished changing a tire, arrived at the office, washed my hands, opened my computer and was shocked. One hour I lost over 100 pips.
Keep it simple, stupid.
 
7
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