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Cable Update (GBPUSD)

  • #711,241
  • Dec 3, 2022 6:34pm Dec 3, 2022 6:34pm
I think there're 2 possibilities:
1. go up a little bit and then dropdown gradually to 1.6 to finish a session, then consolidation, then rise up to break previous session's high.
2. keep go up with small progress.

1.37484 / 1.42385 - bull's goal
1.24833 / 1.16820 - price to observe
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDDaily-20221204.jpg Size: 184 KB
Click to Enlarge Name: GU-PA-Taders-cheat-sheet-20221202.jpg Size: 333 KB
  • #711,242
  • Edited 8:23pm Dec 3, 2022 8:11pm | Edited 8:23pm
Bitcoin about to fly. I May be wrong. 16958
POSTMASTER
  • #711,243
  • Dec 3, 2022 8:20pm Dec 3, 2022 8:20pm
Quoting Trig
{quote} Will be sending you a message esp as your a GPY trader as myself.
Hi Trig. I donīt trade a specific pair but any when my entry settings appear. Bitcoin 2 weeks ago, GJ forming(i hope it bottomed), UC is at an earlier phase for a long and Gold also started to show signs for a short. I follow 14 altogether.
I try to find the same slope which will support or resist a few times and then wait for the definite retracement before a big move.
POSTMASTER
  • #711,244
  • Dec 3, 2022 8:30pm Dec 3, 2022 8:30pm
Quoting Robinhood1
{quote} Hi Trig. I donīt trade a specific pair but any when my entry settings appear. Bitcoin 2 weeks ago, GJ forming(i hope it bottomed), UC is at an earlier phase for a long and Gold also started to show signs for a short. I follow 14 altogether. I try to find the same slope which will support or resist a few times and then wait for the definite retracement before a big move.
I also find it almost impossible to get it right on just one pair regulary as price creates millions of patterns. Find it easier spotting a specif one wherever it shows. Also find it weired how cable is the most popular. I should think EU would be as both economies are stronger if we leave china out.
POSTMASTER
  • #711,245
  • Dec 3, 2022 11:19pm Dec 3, 2022 11:19pm
Quoting bilal1947
{quote} Thank you for sharing your opinion Please trust that, the only thing make you save your equity is risk management, its is not ICT not supply and demand, elliot wave, wyckoff and we are all free to choose any method which we resonants with. Yes, false break out and retest is an excellent setup to me in retail world but what are the precursor to the scenario, it is sweeping old high or lows or both tapping into a fvg and sweeping old highs. Or sweeping old highs and low and filling the fvg to the pip and reverse. No other method come...
You are right...
In my opinion everyone's style is different.... it is game of "Psychology". So if one setup is working of you ... will not work for me. Like I do not like to stay more time in trade.... I do not have that patience....
Maybe someone can stay more time or days in trade because his patience level is different
I always believe you can make money with any setup...if you know how to use it...
I have seen traders here in India they make millions by trading huge quantity... they do not stay longer in trade... hardly 15 mins.... how they can do it>\? because they know very well how to use there system... one guy here in India make millions only on 5 min breakout strategy ... for many of you it is very simple strategy and whole world know about it...but he made millions and still making in Indian Stock Market....He also said "Even I gave you my setup and if I told you how to trade, you can not make money that I make because it is not about setup, it's all about Psychology".
!! Radha Radha !!
  • #711,246
  • Dec 3, 2022 11:35pm Dec 3, 2022 11:35pm
Quoting suhas316
{quote} You are right... In my opinion everyone's style is different.... it is game of "Psychology". So if one setup is working of you ... will not work for me. Like I do not like to stay more time in trade.... I do not have that patience.... Maybe someone can stay more time or days in trade because his patience level is different I always believe you can make money with any setup...if you know how to use it... I have seen traders here in India they make millions by trading huge quantity... they do not stay longer in trade... hardly 15 mins.......
i have read thousands of post on FF but this post says it all and it is so right when traders realize the truth behind the post they will be a better traders , my hat off to you suhas316 respect
people leave, but this thread will go on for ever
  • #711,247
  • Dec 3, 2022 11:52pm Dec 3, 2022 11:52pm
Quoting Aussi
{quote} i have read thousands of post on FF but this post says it all and it is so right when traders realize the truth behind the post they will be a better traders , my hat off to you suhas316 respect
Thank you bro
!! Radha Radha !!
  • #711,248
  • Dec 4, 2022 12:35am Dec 4, 2022 12:35am
Quoting suhas316
{quote} You are right... In my opinion everyone's style is different.... it is game of "Psychology". So if one setup is working of you ... will not work for me. Like I do not like to stay more time in trade.... I do not have that patience.... Maybe someone can stay more time or days in trade because his patience level is different I always believe you can make money with any setup...if you know how to use it... I have seen traders here in India they make millions by trading huge quantity... they do not stay longer in trade... hardly 15 mins.......
thank you for Trading Nutshell.

some guys know how to control their fear and greed and beat it, and some guys don't.

cheers,
"the public is not yet ready for it" W.D. GANN
  • #711,249
  • Dec 4, 2022 12:53am Dec 4, 2022 12:53am
Quoting Robinhood1
Bitcoin about to fly. I May be wrong. 16958
Hi RH,

On the contrary, I am shorting it for 16616.
Entry is around MP
  • #711,250
  • Dec 4, 2022 1:07am Dec 4, 2022 1:07am
i found a new strategy
it looks like i can't lose with this one
i just need to foolow the signals
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 25 KB
yes yes yes
  • #711,251
  • Dec 4, 2022 1:15am Dec 4, 2022 1:15am
Quoting Moty
i found a new strategy it looks like i can't lose with this one i just need to foolow the signals {image}
Moty, keep going. One day, you will find what you are looking for or at least very close to what you need.
  • #711,252
  • Dec 4, 2022 1:42am Dec 4, 2022 1:42am
Quoting Robinhood1
Bitcoin about to fly. I May be wrong. 16958
added 16999
POSTMASTER
  • #711,253
  • Dec 4, 2022 1:50am Dec 4, 2022 1:50am
Quoting Robinhood1
{quote} added 16999
Attached Image (click to enlarge)
Click to Enlarge Name: Captura de pantalla (5471).png Size: 17 KB
POSTMASTER
  • #711,254
  • Dec 4, 2022 1:55am Dec 4, 2022 1:55am
Quoting ninner
{quote} why would you want to buy the USDJPY??? You want to lose more money???
why do you think you know where the market is going??? You want to lose more money ???...
  • #711,255
  • Dec 4, 2022 1:56am Dec 4, 2022 1:56am
Quoting pipcenturion
{quote} Please can you kindly post a H4 chart for USDJPY? I am getting ready to take buy trades around 133.33 Thanks.
Hi Centurion. No need to wait. I will short 0.01 lot whenever you say
POSTMASTER
  • #711,256
  • Dec 4, 2022 2:02am Dec 4, 2022 2:02am
Quoting JayBag
{quote} Hi RH, On the contrary, I am shorting it for 16616. Entry is around MP
Attached Image (click to enlarge)
Click to Enlarge Name: BTCUSDM30.png Size: 21 KB
  • #711,257
  • Dec 4, 2022 2:03am Dec 4, 2022 2:03am
Quoting Robinhood1
{quote} {image}
as a lower gap 16920 approx to fill
people leave, but this thread will go on for ever
  • #711,258
  • Dec 4, 2022 2:07am Dec 4, 2022 2:07am
Quoting JayBag
{quote} {image}
Hii Jay ,can you share what strategy you use for trading like support or resistance or supply or demand or anything else
  • #711,259
  • Dec 4, 2022 2:22am Dec 4, 2022 2:22am
Quoting AlfieSolomon
{quote} Hii Jay ,can you share what strategy you use for trading like support or resistance or supply or demand or anything else
Hey Alfie, Hope you are well.

I use a number of things and SR is a major part of it. The trigger for me regardless of the strategy is my limited knowledge of Candle Sticks. I even wrote a code based on a candle stick pattern lol. Truth is, my tools are primitive. I just find ways to make them effective as much as possible.

Take Care
  • #711,260
  • Dec 4, 2022 2:22am Dec 4, 2022 2:22am
Quoting Aussi
{quote} as a lower gap 16920 approx to fill
Hi Aussi. It is a gap but connected with 16956 on the way down before it reverses. You could be right too.
POSTMASTER
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