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Cable Update (GBPUSD)

  • #704,901
  • Nov 8, 2022 5:02am Nov 8, 2022 5:02am
Quoting billytt
Quoting Indiara
{quote} So wait. Waiting costs nothing. Even if you only find one decent opportunity in the whole week, that's better than trying to invent trades that burn your account every time. I lost 6 pips in one trade today, Indi, U/J 4 hour chart, uk time. 1= outside bar. 2 =break of outside bar plus showing bullish. x = 2 inside bars. 3 = outside bar showing bullish but it also broke the 2 inside bars. 4 = this too broke the inside bars high, but ended up showing bearish. the last bar, dropped and also broke the previous bar low.
...

These bars are great billytt.....they remind me of a thermometer....lol.....to take the temperature and then use this information to help make a plan
I am neither brave nor stupid...I am just a part time trader
  • #704,902
  • Nov 8, 2022 5:02am Nov 8, 2022 5:02am
...1hr bear thrust engulf closed @ pot supp.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 25 KB
Trader with an Edge.
  • #704,903
  • Nov 8, 2022 5:06am Nov 8, 2022 5:06am
Quoting Chris_35
And the Common Denominator is (maybe) {image}
oven/aga....valley/mountains....car/range rover

still working on it?
Trader with an Edge.
  • #704,904
  • Nov 8, 2022 5:08am Nov 8, 2022 5:08am
Quoting Whale
{quote} im only imagine my chart with simple logic: {image}
thanks for your chart. now you getting it.
  • #704,905
  • Nov 8, 2022 5:08am Nov 8, 2022 5:08am
Quoting BeeTogether
Come on drop below 11450 and open the door to 11380
11405/15 first, below it i'd see 11305

maybe election + CPI can bring us there soon

EU m1 still bullish, waiting to turn down, then all good for shorts GU
COT: The precious data ignored
  • #704,906
  • Nov 8, 2022 5:09am Nov 8, 2022 5:09am
Closed my Gbpusd shorts and have gone long with a tight stop loss
  • #704,907
  • Nov 8, 2022 5:09am Nov 8, 2022 5:09am
Quoting Pat Chiko
{quote} GU Try luck Scalp SHORT{image}
GU

Partial TP
Balance on the run
Attached Image (click to enlarge)
Click to Enlarge Name: gu 359.jpg Size: 139 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #704,908
  • Nov 8, 2022 5:11am Nov 8, 2022 5:11am
Quoting Headland
{quote} oven/aga....valley/mountains....car/range rover still working on it?
It's a wood/coal range oven......mountain range.......range rover? I don't know what that means though....must be in a range
I am neither brave nor stupid...I am just a part time trader
  • #704,909
  • Nov 8, 2022 5:13am Nov 8, 2022 5:13am
Quoting Headland
{quote} oven/aga....valley/mountains....car/range rover still working on it?
oven/aga =
valley/mountain =
car =
  • #704,910
  • Nov 8, 2022 5:15am Nov 8, 2022 5:15am
Quoting Indiara
{quote}{quote} These bars are great billytt.....they remind me of a thermometer....lol.....to take the temperature and then use this information to help make a plan
and that is what it is all about.
i stick to my way because i am good a fixing a fail, trading off inside bars, candle breaks are slightly different and harder work lol. but still do able.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #704,911
  • Nov 8, 2022 5:16am Nov 8, 2022 5:16am
Quoting Chris_35
{quote} oven/aga = valley/mountain = car =
I think I was too far outside the box and missed the obvious...note to self: when thinking outside the box you should always be able to at least see the box.
Trader with an Edge.
  • #704,912
  • Nov 8, 2022 5:18am Nov 8, 2022 5:18am
Yesterday everyone wanted pounds. Today it's like they're wondering whether it was such a good idea. It's like they brought a girl back from the club last night, but now the beer goggles are off, they're trying to find a way to get her out of the house before the housemates see.
  • #704,913
  • Nov 8, 2022 5:19am Nov 8, 2022 5:19am
Quoting MrFanciful
Yesterday everyone wanted pounds. Today it's like they're wondering whether it was such a good idea. It's like they brought a girl back from the club last night, but now the beer goggles are off, they're trying to find a way to get her out of the house before the housemates see.
escorting said girl (who put out too easily) home was always called 'the walk of shame' in my student digs lol!
Trader with an Edge.
  • #704,914
  • Nov 8, 2022 5:20am Nov 8, 2022 5:20am
Quoting Indiara
{quote} It's a wood/coal range oven......mountain range.......range rover? I don't know what that means though....must be in a range
  • #704,915
  • Nov 8, 2022 5:20am Nov 8, 2022 5:20am
Quoting billytt
{quote} and that is what it is all about. i stick to my way because i am good a fixing a fail, trading off inside bars, candle breaks are slightly different and harder work lol. but still do able.
The information that these bars show is very valuable in making a more complete picture. I like it when I see things more clearly.....it helps me to not have accidents!!
I am neither brave nor stupid...I am just a part time trader
  • #704,916
  • Nov 8, 2022 5:21am Nov 8, 2022 5:21am
Quoting Headland
{quote} escorting said girl (who put out too easily) home was always called 'the walk of shame' in my student digs lol!
Question is at this pot 1hr supp - is the walk of shame done?
Trader with an Edge.
  • #704,917
  • Nov 8, 2022 5:24am Nov 8, 2022 5:24am
I'm really amazed how the EUR is not as volatile as GBP when it has a more unsteady footing economically speaking than UK...

Already profited from UK's drop but my bet on EUR to go down is still a huge paper loss.
"No trade is still a trade." - Peter Borish
  • #704,918
  • Nov 8, 2022 5:24am Nov 8, 2022 5:24am
Quoting Indiara
{quote} The information that these bars show is very valuable in making a more complete picture. I like it when I see things more clearly.....it helps me to not have accidents!!
even a candle is history unless you are actually watching a forming one.
What happens when it closes? what happens to the next candle??? next is future??
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #704,919
  • Nov 8, 2022 5:26am Nov 8, 2022 5:26am
My view an upward movement to clean out the shorts and then a downwards movement.
  • #704,920
  • Nov 8, 2022 5:27am Nov 8, 2022 5:27am
Quoting Pat Chiko
{quote} GU Partial TP Balance on the run{image}
GU

CLOSED all postion.
Price react to SSR zone.
May see price wanting to go higher at NY.

Refe to Headland Chart and analysis
Attached Image (click to enlarge)
Click to Enlarge Name: gu 360.jpg Size: 160 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
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