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Cable Update (GBPUSD)

  • #710,661
  • Dec 1, 2022 4:12am Dec 1, 2022 4:12am
US
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DXM30
  • #710,662
  • Dec 1, 2022 4:12am Dec 1, 2022 4:12am
Quoting Robinhood1
{quote} Whoever keeps best facial expression wins
...and whoever can sell the best story!
I am neither brave nor stupid...I am just a part time trader
  • #710,663
  • Dec 1, 2022 4:16am Dec 1, 2022 4:16am
Quoting Moty
{image}
That end of the arrow looks very tasty for the profits! Let’s hope we can see it!
Insane in the Brain..
  • #710,664
  • Dec 1, 2022 4:19am Dec 1, 2022 4:19am
I had a hunch that enough people would short this to attract MM short hunts.
  • #710,665
  • Dec 1, 2022 4:20am Dec 1, 2022 4:20am
Quoting Indiara
{quote} ...and whoever can sell the best story!
I mean when you play poker. Expression ZERO. Most important
POSTMASTER
  • #710,666
  • Dec 1, 2022 4:21am Dec 1, 2022 4:21am
Quoting Yngwie
Think want to sell more higher. Nearby 1.2150/60
Sold 1.2150
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #710,667
  • Dec 1, 2022 4:22am Dec 1, 2022 4:22am
Now waiting for US data later today before seeing if we can swing short. So UK morning ground work for later especially as there isn’t much in red sticker data from UK today.
Insane in the Brain..
  • #710,668
  • Dec 1, 2022 4:22am Dec 1, 2022 4:22am
Quoting dantpm
I had a hunch that enough people would short this to attract MM short hunts.
I was considering Selling GU during Uncle Frankie session, but the setup didn't quite make it for me. After London arrived, a Buy setup came so I pounced on it. USDX was a big help too
I am neither brave nor stupid...I am just a part time trader
  • #710,669
  • Dec 1, 2022 4:24am Dec 1, 2022 4:24am
GU

Scalp
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #710,670
  • Dec 1, 2022 4:25am Dec 1, 2022 4:25am
Quoting Indiara
{quote} It has been a tough week for you Bella, I had one not too long ago too. At times like this I think of my poker playing hero Tom Dwan. He has some huge losses, but even bigger wins. He knows that he cannot win every hand, and he knows he does not need to. He just has to win more than he loses. I remind myself of this when I get a series of losses.
reading the market is easy and never get you in trouble.
over trading without direction turn it into gambling and mess you up badly

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cheers,
"the public is not yet ready for it" W.D. GANN
  • #710,671
  • Dec 1, 2022 4:25am Dec 1, 2022 4:25am
Quoting Robinhood1
{quote} I mean when you play poker. Expression ZERO. Most important
Me too. Sometimes Tom Dwan will sell the story that he has 2 aces, and if an ace comes along he bets really big to sell the story that he now has 3 aces. In fact, he often has nothing except the one ace and people fear him so they fold a decent hand and he wins with nothing. He just told a story with his betting and they fell into his trap. So clever.
I am neither brave nor stupid...I am just a part time trader
  • #710,672
  • Dec 1, 2022 4:26am Dec 1, 2022 4:26am
BTC
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POSTMASTER
  • #710,673
  • Dec 1, 2022 4:31am Dec 1, 2022 4:31am
Quoting Pat Chiko
GU Scalp{image}
GU / DXY
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #710,674
  • Dec 1, 2022 4:32am Dec 1, 2022 4:32am
Quoting Kwt4x
{quote} reading the market is easy and never get you in trouble. over trading without direction turn it into gambling and mess you up badly {image} cheers,
We each have to trade the market according to our own analysis and system. Sometimes a person has a setup to Buy, and another has a setup to Sell. Both can prosper if they have faith in their methods. There is no right or wrong way to do this trading stuff, as long as we have good money management skills, we should be ok.
I am neither brave nor stupid...I am just a part time trader
  • #710,675
  • Dec 1, 2022 4:33am Dec 1, 2022 4:33am
Eurcad

Once upon a time...

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POSTMASTER
  • #710,676
  • Dec 1, 2022 4:35am Dec 1, 2022 4:35am
Quoting Robinhood1
BTC {image}
It is hard to find a working strategy in BTC intraday. I believe the price is random walk in intraday because of too much noise, but the bigger timeframe as from 4hr, daily and especially 3days candle all go in a flow to the prior candle.
More time in the market, does not mean you trade better!
  • #710,677
  • Dec 1, 2022 4:39am Dec 1, 2022 4:39am
Quoting Indiara
{quote} We each have to trade the market according to our own analysis and system. Sometimes a person has a setup to Buy, and another has a setup to Sell. Both can prosper if they have faith in their methods. There is no right or wrong way to do this trading stuff, as long as we have good money management skills, we should be ok.
well said.

but we are in a market of numbers, math should be first so it can confirm if the strategy is right or wrong.

cheers,
"the public is not yet ready for it" W.D. GANN
  • #710,678
  • Dec 1, 2022 4:43am Dec 1, 2022 4:43am
Quoting Fardeen1209
{quote} It is hard to find a working strategy in BTC intraday. I believe the price is random walk in intraday because of too much noise, but the bigger timeframe as from 4hr, daily and especially 3days candle all go in a flow to the prior candle.
Yes, you are right. Anytime i use to trade would survive a few minutes. I beleive as it is digital it runs like hell when it does but applying channels has made it perhaps the most easiest for me now.
POSTMASTER
  • #710,679
  • Dec 1, 2022 4:52am Dec 1, 2022 4:52am
I guess the DT is too obvious and MM knows a lot of us will be shorting it there. How about a few FO before going in? 1.22565 area looks like a reasonable area.

I will be waiting for this handle to attempt short today.
Currently busy with another pair

Take Care Gang
  • #710,680
  • Dec 1, 2022 4:57am Dec 1, 2022 4:57am
Quoting JayBag
I guess the DT is too obvious and MM knows a lot of us will be shorting it there. How about a few FO before going in? 1.22565 area looks like a reasonable area. I will be waiting for this handle to attempt short today. Currently busy with another pair Take Care Gang
pair of what might I ask
Insane in the Brain..
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