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Cable Update (GBPUSD)

  • #705,361
  • Nov 9, 2022 3:07am Nov 9, 2022 3:07am
Quoting Robinhood1
{quote} Maybe from 1.1450 to above 1.1600
Strong support around 1.1460
POSTMASTER
  • #705,362
  • Nov 9, 2022 3:09am Nov 9, 2022 3:09am
so its just going to range in london eh? guess I'll wait on NY -
  • #705,363
  • Nov 9, 2022 3:09am Nov 9, 2022 3:09am
Quoting Robinhood1
{quote} Strong support around 1.1460
Not as strong as last time though
POSTMASTER
  • #705,364
  • Nov 9, 2022 3:09am Nov 9, 2022 3:09am
Quoting Yngwie
Buy 1.1541 L 1.1525
dead
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #705,365
  • Nov 9, 2022 3:10am Nov 9, 2022 3:10am
...challenging pot 1hr supp now

1hr below
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 12 KB
Trader with an Edge.
  • #705,366
  • Nov 9, 2022 3:11am Nov 9, 2022 3:11am
Quoting Indiara
{quote} I think the secret is to not expect to make such a huge amount, then it will be easier to keep focused. As long as I can make my starting balance increase over the year, to anything better than I can get through any other investment, then I will win. No?
yea that's what i thought at first...
  • #705,367
  • Nov 9, 2022 3:13am Nov 9, 2022 3:13am
Quoting TwFXtrader
{quote} yea that's what i thought at first...
If I don't try, I will never know!
I am neither brave nor stupid...I am just a part time trader
  • #705,368
  • Nov 9, 2022 3:14am Nov 9, 2022 3:14am
Quoting Indiara
{quote} If I don't try, I will never know!
indeed the challenge is part of the fun! it's a journey indeed.... Yolo!
  • #705,369
  • Nov 9, 2022 3:15am Nov 9, 2022 3:15am
USDX wants to push up, at least it is trying, so I Sell GU

Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 116 KB
I am neither brave nor stupid...I am just a part time trader
  • #705,370
  • Nov 9, 2022 3:19am Nov 9, 2022 3:19am
Quoting billytt
{quote} Hi, i am not saying this negatively but people are different. I have deleted the £££ talk, no need for it.lol Trade well.
......
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #705,371
  • Nov 9, 2022 3:19am Nov 9, 2022 3:19am
...5/15min bearish thrust/thrusty candles virtually fell of edge of a cliff from current dly hi (false upside break of the 1hr range) Moty did warn us!! Buyers not exactly racing in at bottom of this prev 1hr sw lo zone at the moment.
Trader with an Edge.
  • #705,372
  • Nov 9, 2022 3:20am Nov 9, 2022 3:20am
Quoting Robinhood1
{quote} Strong support around 1.1460
Swing target 1.1135
POSTMASTER
  • #705,373
  • Nov 9, 2022 3:21am Nov 9, 2022 3:21am
Quoting billytt
{quote} Hi, i am not saying this negatively but people are different. I make £1k to £4k every trade day off only a few pips. that is me and i am not the only person like that. I like fast bikes not cars etc. horses for course3s as they say. Trade well .
few pips a day?
why not combine scalping into holding trade like that and let it run
i used to be like you but now i make 100x your amount in a day and i don't have to trade for 100 days
by not having stop loss

you should think about it saves time and stress
if you can scalp you should be able to do the same thing i do
  • #705,374
  • Nov 9, 2022 3:21am Nov 9, 2022 3:21am
Quoting TwFXtrader
{quote} it will be hard so be prepared don't focus too much on the plan so when you fail you won't get hurt by it my plan was to make 1 million in first 3 years and i failed many many times I don't know how many days I have cried just to get to this point gl
What percentage of your account do you risk per trade? Thanks.
  • #705,375
  • Nov 9, 2022 3:23am Nov 9, 2022 3:23am
Quoting elude
This is a pattern where the price spikes suddenly. {image} I've chosen sell with SL.
Wow, price almost hit my SLs.
Maybe the price is waiting for NY open.

Should it fail, I'll reenter.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 27 KB
  • #705,376
  • Nov 9, 2022 3:24am Nov 9, 2022 3:24am
USDX just cannot breakout of it's range. If it can just go up a little further, Indiara will be a happy girl!!
I am neither brave nor stupid...I am just a part time trader
  • #705,377
  • Nov 9, 2022 3:25am Nov 9, 2022 3:25am
Quoting Nivad
{quote} What percentage of your account do you risk per trade? Thanks.
5%-10% depends on the entry point

i use 10-20pip stop loss and 100pip -300pip i get out depends on what the market is doing through experience

if I'm in profit i will move my stop loss to 5-10pips and let it run
depends on what time of the day i will get out of the trade



i identify entry when the move is about to build up
such as breakout , lower high ,higher low , or it hit a super important price point
triple bottom , double bottom
W pattern M pattern
  • #705,378
  • Nov 9, 2022 3:25am Nov 9, 2022 3:25am
Quoting Indiara
USDX wants to push up, at least it is trying, so I Sell GU {image}
I'd be very careful. Pat seemed to believe that there was some liquidity to be picked up in this area for a push higher by GU. He doesn't get it wrong often!
  • #705,379
  • Nov 9, 2022 3:27am Nov 9, 2022 3:27am
Quoting Indiara
USDX just cannot breakout of it's range. If it can just go up a little further, Indiara will be a happy girl!!
Thank you mister USDX.....GU hit my TP for +22, so that's perfect

If anything else comes along, it will be a bonus

Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 35 KB
I am neither brave nor stupid...I am just a part time trader
  • #705,380
  • Edited 3:54am Nov 9, 2022 3:28am | Edited 3:54am
Quoting TwFXtrader
{quote} few pips a day? why not combine scalping into holding trade like that and let it run i used to be like you but now i make 100x your amount in a day and i don't have to trade for 100 days by not having stop loss you should think about it saves time and stress if you can scalp you should be able to do the same thing i do
Hi, Said Nicely.
I am only playing games now trading like i do. <<<< lets call it a hobby.


i have deleted most of this post.
Trade well all.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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