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Cable Update (GBPUSD)

  • #708,401
  • Nov 20, 2022 11:15pm Nov 20, 2022 11:15pm
Waiting to short Gbpusd at 1.18400
  • #708,402
  • Nov 20, 2022 11:16pm Nov 20, 2022 11:16pm
MY ZONES.. SL ABOVE THE H1R

Details on the chart
Attached Image (click to enlarge)
Click to Enlarge Name: H4S.png Size: 30 KB
My telegram: https://t.me/avidforex
  • #708,403
  • Nov 20, 2022 11:18pm Nov 20, 2022 11:18pm
Maybe later LO. Push to 5x again then drop
Attached Image (click to enlarge)
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PA Return Today: 0.3%
  • #708,404
  • Nov 20, 2022 11:22pm Nov 20, 2022 11:22pm
Should 1.1760 / 1.1800 hold, Expect 1.21 this week.
Data + Stat + Risk/Emotions Management
  • #708,405
  • Nov 20, 2022 11:36pm Nov 20, 2022 11:36pm
welp
Attached Image (click to enlarge)
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No pen no gen
  • #708,406
  • Nov 20, 2022 11:42pm Nov 20, 2022 11:42pm
t 07-39
Cable, my bias is short, the 00-00 4 hour range low was broken at 11836... bias will be long if/when it breaks 11887.

Trading, same as usual. i will trade off the 0break of the 07-45 to 08-00 15 minute bar and the 08-00 to 08-15 minute candle high/low.
Trade well all.
t 07-41
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #708,407
  • Nov 20, 2022 11:50pm Nov 20, 2022 11:50pm
Quoting Bella.al
Current Rate : 1.18198 Expecting GBPUSD to make a daily close below 1.18420 Strategy/Entry Level Short GBPUSD : 1.18177 S/L : 1.18423 Objective:1.15294 -Bella's Blue {image}
Current Rate :1.18244

It touched "Bella's Resistance : 1.18377" and resisting . This is my last trade for today , will update a it progresses.

( some changes i made to strategy that is no day can have more than 50 Pip loss .. Tightening the MM )

-Bella's Blue
Attached Image (click to enlarge)
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Goddess of Thunder..
  • #708,408
  • Nov 20, 2022 11:51pm Nov 20, 2022 11:51pm
Like i said earlier, As soon as there is WSRF... weekly support flipped to resistance and price come to retest it.. A daily resistance will be formed.. Price is forming the daily resistance now.. but what level will bounce the price to retest the daily resistance that has been formed...


I see these levels below. But price may bounce at the DR or the next H4S
Attached Image (click to enlarge)
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My telegram: https://t.me/avidforex
  • #708,409
  • Nov 21, 2022 12:00am Nov 21, 2022 12:00am
my view for the week...
Attached Image (click to enlarge)
Click to Enlarge Name: bandicam 2022-11-18 18-27-16-512.jpg Size: 104 KB
MY OPINION NOT FINANCIAL ADVISE
  • #708,410
  • Nov 21, 2022 12:01am Nov 21, 2022 12:01am
WeeklyHigh arrival. 　repulsion
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD(H1)_2022.11.21_164931.gif Size: 41 KB
  • #708,411
  • Nov 21, 2022 12:08am Nov 21, 2022 12:08am
Trading is very complex.. I advise again and again, don't trade more than 1 pair.. Analyzing 1 pair is too much stress not to talk of many other pairs...
......Because you need to analyze the highest to the lowest time frame for refined entry...
I'm Recommending you start your analysis from

Monthly to H1-M30 (At most)
Weekly to H1-30 (At least)

Personally I start my analysis from the weekly time frame to H1 -M30

Good luck
My telegram: https://t.me/avidforex
  • #708,412
  • Nov 21, 2022 12:08am Nov 21, 2022 12:08am
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 15 KB
yes yes yes
  • #708,413
  • Nov 21, 2022 12:09am Nov 21, 2022 12:09am
that's more like it
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 35 KB
yes yes yes
  • #708,414
  • Nov 21, 2022 12:11am Nov 21, 2022 12:11am
Quoting PapaSmurf-fx
{quote} Hmmmm..... pity us fackers that took a long.... there were pips to take going long.... sorry you missed them. Now taking pips short....
You also took a big loss too lol
  • #708,415
  • Nov 21, 2022 12:12am Nov 21, 2022 12:12am
Quoting Moty
that's more like it {image}
Moty baby what sup!!!!
  • #708,416
  • Nov 21, 2022 12:19am Nov 21, 2022 12:19am
Quoting BigNumbers
Trading is very complex.. I advise again and again, don't trade more than 1 pair.. Analyzing 1 pair is too much stress not to talk of many other pairs... ......Because you need to analyze the highest to the lowest time frame for refined entry... I'm Recommending you start your analysis from Monthly to H1-M30 (At most) Weekly to H1-30 (At least) Personally I start my analysis from the weekly time frame to H1 -M30 Good luck

you dont need all the currency pairs to earn money but if u are good to balance them together traders need to focus on daily closing and also use correlation


i trade only GU
MY OPINION NOT FINANCIAL ADVISE
  • #708,417
  • Nov 21, 2022 12:32am Nov 21, 2022 12:32am
Quoting BigNumbers
Trading is very complex.. I advise again and again, don't trade more than 1 pair.. Analyzing 1 pair is too much stress not to talk of many other pairs... ......Because you need to analyze the highest to the lowest time frame for refined entry... I'm Recommending you start your analysis from Monthly to H1-M30 (At most) Weekly to H1-30 (At least) Personally I start my analysis from the weekly time frame to H1 -M30 Good luck

I advise seeing the correlation between pairs to have higher probability setups. Applying this correlation has helped me to increase my win rate.

How to manage trades between various pairs is subjective and there are many ways to do it.
  • #708,418
  • Nov 21, 2022 12:44am Nov 21, 2022 12:44am
Hello friends

Just calling in for a little while as I have a lot to do this evening, mostly a zillion phone calls!

Perhaps Mr Market will offer something to me, perhaps not. Either way is ok as I can only be at the charts for a little while.

Anyway, I hope you all do well and make lots of pips
I am neither brave nor stupid...I am just a part time trader
  • #708,419
  • Nov 21, 2022 12:48am Nov 21, 2022 12:48am
Quoting BigNumbers
Trading is very complex.. I advise again and again, don't trade more than 1 pair.
I agree with you up to a point. Some people no doubt can trade multiple pairs and they can do it well. I find that two is enough for my small brain though! I feel like I have become friends with GU and UJ and I know them quite well. I think each pair has it's own personality and when the personality is known and understood, then trading those pairs can become easier.
I am neither brave nor stupid...I am just a part time trader
  • #708,420
  • Nov 21, 2022 12:49am Nov 21, 2022 12:49am
Quoting firsttimer
{quote} I advise seeing the correlation between pairs to have higher probability setups. Applying this correlation has helped me to increase my win rate. How to manage trades between various pairs is subjective and there are many ways to do it.
Whenever pairs are moving and I’m not in any trade; I use to feel some type way but that’s the Greed in trading; The mindset of having the whole market to yourself… lol.
when you don’t get a setup in your pair “DON’T TRADE ON THAT DAY”. Simple.

I have chosen GU and I will never pair hoop again. It is unprofessional.
My telegram: https://t.me/avidforex
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