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Cable Update (GBPUSD)

  • #706,201
  • Edited 6:24pm Nov 10, 2022 6:05pm | Edited 6:24pm
Quoting FulMargnAlch
{quote} Could you post some charts? I think it won't hurt your 200,000%+ gains if you could post some decent charts.
the arrow on the most right is my entries before it jumps to 1752 (today)
the reason? hitting 2 year low and is about to form a triple bottom
it hit that price range 3 times in 2 years super important
so I know that big players are looking for entry here
PLUS NEWS and unemployment this week PLUS election tends to push gold price up
not only that 5:00-6:00 am pst is when gold goes crazy (if you check the history of the gold price + news)
if all that is not worth the risk, then i don't know what is a better time to take the risk


You probably won't believe me but I'm an average trader i got nothing special to give
the reason I got here is that i have lost thousands of trades and now i know when trades is about to go wrong

Also when I first started trading in 2016 my goal is always to make 1000% in one week on all accounts I trade
why? (i saw a person on this site doing it so i want to be like him)
I have been doing that since I trade demo accounts before I trade a real account
i have done at least 100 1000% of accounts
I am not scared of seeing big numbers anymore
I used to cry when I lost $100 in a day..,
i have 5000 + hr of screen time so i can't really share much, is 90% experience sorry....
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  • #706,202
  • Nov 10, 2022 6:17pm Nov 10, 2022 6:17pm
Quoting Mitiblotch
{quote} Great! I have the same gap oh my chart.
I can't see any gap. All closed.
  • #706,203
  • Nov 10, 2022 6:22pm Nov 10, 2022 6:22pm
38.2% 11595. Set tp 1.160ish x 3.

UJ brake the channel or can still bounce back to $148. My long tp set 14330 ish
Good night
  • #706,204
  • Nov 10, 2022 6:29pm Nov 10, 2022 6:29pm
Quoting dempire1
{quote} buy sell both sides with money managing until it favours you?
if you never try you never know
you can try and see how it goes,
I remember i was losing 80% of the trade I take
and I started doing the opposite of what I was doing

sounds dumb but it some how worked
  • #706,205
  • Edited 7:42pm Nov 10, 2022 6:40pm | Edited 7:42pm
Quoting dempire1
{quote} haha I hope you believe what you are saying good luck
Well, the stats are staring you in the face, or does the over 226k% profit seem fake to you. See, in this life, I never ever doubt someone can do something. More so in this case his explorer is showing his stats. You cannot fake that. If it says he did it, then he did it. Simple. I get inspired and move on.

Never think your neighbour can't because you can't!
  • #706,206
  • Nov 10, 2022 6:46pm Nov 10, 2022 6:46pm
Quoting TwFXtrader
{quote} if you never try you never know you can try and see how it goes, I remember i was losing 80% of the trade I take and I started doing the opposite of what I was doing sounds dumb but it some how worked
It actually can be a good strategy

Find a system that is very ugly and make you lose all the time, then do the opposite of it, use a good MM

and bingo
COT: The precious data ignored
  • #706,207
  • Nov 10, 2022 7:02pm Nov 10, 2022 7:02pm
Quoting Bella.al
{quote} Current Rate : 1.16352 My previous trade close at +130 Pips shorted on 08.11.2022 , unfortunately i didn't get the move i was waiting for and i couldn't take any new trades due to market activity it neglected many scenarios of long and short when i arrived back home. I am revising my main trend charts Hourly with any updates . The Bear Cycle that started on 27.10.2022 has been ended at my end and a new Bull Cycle has started on 10.11.2022 . I am now looking for a pullback , tomorrow i will look for clues to long this market. -Bella's Trend...

GBPUSD...1.16602 Although yesterday's rebound from 1.13332 – (09.11.2022) suggests a temporary low has been possibly formed there. However, a firm breach of 1.18015 is required to signal continuation of new Bull cycle.

Buying on pullback with stop as indicated, as only below 1.15011 would negate this upside bias.

Bullish Cycle Started – 10.11.2022

Strategy/Entry level:
Date :11.11.2022
Type: Limit Order
Buy Limit : 1.15970
Stop-Loss: 1.15508
Objective: 1.19104

-Bella's Blue
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Goddess of Thunder..
  • #706,208
  • Nov 10, 2022 7:17pm Nov 10, 2022 7:17pm
Good morning..

Final push for today. Standby sell mode during LO..
Will close all buy trade if hit 1.1820 and switch to sell mode..
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Peace Yo!
  • #706,209
  • Nov 10, 2022 8:00pm Nov 10, 2022 8:00pm
Quoting Yngwie
Sold {image}
closed 1.1650 57+
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #706,210
  • Nov 10, 2022 8:39pm Nov 10, 2022 8:39pm
Morning traders wish you all this day a profitable day like yesterday
Blank and Empty
  • #706,211
  • Edited 9:03pm Nov 10, 2022 8:50pm | Edited 9:03pm
Sold again 1.1684 SL 1.1715 TP 1.1600
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Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #706,212
  • Nov 10, 2022 8:58pm Nov 10, 2022 8:58pm
Quoting Yngwie
Sold again 1.1684 SL 1.1715 TP 1.1600 {image}
Look like retest tl on lower TF ..
Peace Yo!
  • #706,213
  • Nov 10, 2022 8:59pm Nov 10, 2022 8:59pm
Monday became Friday both longs closed now 494 pips sometimes pays to hang on in there.
  • #706,214
  • Edited 9:29pm Nov 10, 2022 9:19pm | Edited 9:29pm
Market cycle is about to change now if FED Pivot in Dec?
From falling to bottom out for equities & assets..

Wyckoff theory
Large Sell distribution will be done and accumulation will start waiting for FED to start cut rate in H2 2023 if peak in H1 2023
More time in the market, does not mean you trade better!
  • #706,215
  • Nov 10, 2022 9:33pm Nov 10, 2022 9:33pm
Quoting Fardeen1209
Market cycle is about to change now if FED Pivot in Dec? From falling to bottom out for equities & assets.. Wyckoff theory Large Sell distribution will be done and accumulation will start waiting for FED to start cut rate in H2 2023 if peak in H1 2023
Zero indication of a pivot.
  • #706,216
  • Nov 10, 2022 9:47pm Nov 10, 2022 9:47pm
Quoting investing101
{quote} Zero indication of a pivot.
If
Agreed with you tho. The pivot is just market speculation but no sign from FED!
It is not for now, but for the bigger picture, and billions of dollar position which needs to break into smaller block to enter the market.
So i always try to understand what these big guys will do or expecting to do using the fundamentals
More time in the market, does not mean you trade better!
  • #706,217
  • Edited 10:32pm Nov 10, 2022 10:06pm | Edited 10:32pm
Good start to Asia.. by selling of course.
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Intraday only.
  • #706,218
  • Nov 10, 2022 11:05pm Nov 10, 2022 11:05pm
Navk are you selling or buying this morning?
  • #706,219
  • Nov 10, 2022 11:07pm Nov 10, 2022 11:07pm
Quoting Houtbay
Navk are you selling or buying this morning?
today, i will be selling.

But I will not hesitate to take loss if high breaks.
Intraday only.
  • #706,220
  • Nov 10, 2022 11:09pm Nov 10, 2022 11:09pm
Quoting nishantforex
{quote} I got 200+ pips in short from {quote} Now ready to short again at 1.1550 but if the daily trend breaks on upper side i'm going BUY {image}
Closing above 100 DMA
Ready for new BUY from Monday ...
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