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Cable Update (GBPUSD)

  • #711,881
  • Dec 6, 2022 3:25pm Dec 6, 2022 3:25pm
TP 1.2040 :-)

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  • #711,882
  • Dec 6, 2022 3:31pm Dec 6, 2022 3:31pm
Quoting dempire1
{quote} Why you changed the bias then?
because it will found support suddenly
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i want that someone will tell me , where were all the sellers that in the gu now ?
i have waited all day for this
nothing is stopping thenm , not horizontal support , not round number , not the adr low
fucking amazing
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yes yes yes
  • #711,883
  • Dec 6, 2022 3:34pm Dec 6, 2022 3:34pm
Quoting BeeTogether
Could be risky but I’ve taken a cheeky long from 12141 well look to take profit at around 12170-122 reasons is on the 1H the move has little stalled. Yes I know it is later in the day and volumes are low however it’s just not following the down trend is fighting back…
Hey mate, hope things are good with u, may i understand the reason for longing? The chart is screaming sell sell
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  • #711,884
  • Dec 6, 2022 3:35pm Dec 6, 2022 3:35pm
Quoting Moty
Either I'm the unluckiest person in the world or it's a conspiracy against me, I took a short twice in the right places and the market goes in my favor a little and then turns around on me, once it burns me and the second time it sucks and then in the end it goes where it should have gone and in exaggeration {image}
What are the entry parameters / signals?

Can they reproduce or simply a guess?

Think about using a level for breakout, example, last week low.

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Good Luck

Edit: Oops, yesterDAY low
It takes a lot for me to IGNORE you, but you can try.
  • #711,885
  • Dec 6, 2022 3:39pm Dec 6, 2022 3:39pm
Quoting Moty
Either I'm the unluckiest person in the world or it's a conspiracy against me, I took a short twice in the right places and the market goes in my favor a little and then turns around on me, once it burns me and the second time it sucks and then in the end it goes where it should have gone and in exaggeration {image}
I was shorting it from before manipulation.. it took out me out at BE with that whipsaw... but i managed to short it again...
Its too manipulative pa..
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  • #711,886
  • Dec 6, 2022 3:46pm Dec 6, 2022 3:46pm
Quoting Moty
{quote} because it will found support suddenly {image} i want that someone will tell me , where were all the sellers that in the gu now ? i have waited all day for this nothing is stopping thenm , not horizontal support , not round number , not the adr low fucking amazing {image}
I got stopped out suddenly from my first sells too and I saw from where was the bounce up and then added shorts again. I really wanted to add them from 1.226 but was too slow lol.

The bounce up was probably some "bigger money old school traders" that put up buy limit on Support hoping to buy it up with double bottom. Since the reaction was way too quick without any USD news then it was most likely to fail and "trap buyers" - as many call it here. But it reached what level? Thats why it turned back. Easy supply and demand.

And now what is it trying to reach? We need money to pull it up. Where is the money?

Please study PA, Indicators will help you only a bit. . Get comfortable with your strategy in demo and then go live. No need to make your life harder.

GL
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How to succeed in zero sum game?
  • #711,887
  • Dec 6, 2022 3:56pm Dec 6, 2022 3:56pm
Quoting fxmasterdxb
{quote} Hey mate, hope things are good with u, may i understand the reason for longing? The chart is screaming sell sell {image}
Hi mate, I’m looking at it as a correction.. also on the 1H it looked s as if the drop was exhausted.. Ideally I want to see an up move before a open trapdoor drop..
Insane in the Brain..
  • #711,888
  • Dec 6, 2022 4:18pm Dec 6, 2022 4:18pm
Quoting Moty
Either I'm the unluckiest person in the world or it's a conspiracy against me, I took a short twice in the right places and the market goes in my favor a little and then turns around on me, once it burns me and the second time it sucks and then in the end it goes where it should have gone and in exaggeration {image}
Use a copy trader and reverse the trades!
All Assets NAS100 GLD BTC AUS JPY GBP All Time Return: 17.5%
  • #711,889
  • Dec 6, 2022 4:18pm Dec 6, 2022 4:18pm
Quoting Moty
{quote} because it will found support suddenly {image} i want that someone will tell me , where were all the sellers that in the gu now ? i have waited all day for this nothing is stopping thenm , not horizontal support , not round number , not the adr low fucking amazing {image}
I noticed these kind of moves usaully occurs at london fix..
I was so sure my previous trades will tp around 2117... right at london fix i end up giving all that back into the market... i clearly has some issues with exit rule as i am intraday trader... i am asking all the traders here to guide me a good intraday exit rule... i dont use trailing as the GU retracal is very unpredictive..
  • #711,890
  • Dec 6, 2022 4:40pm Dec 6, 2022 4:40pm
Today sells was easy as market makers need Liquidity to move down…Liquidity and imbalance fuels the market.. nothing more nothing less
  • #711,891
  • Edited 6:15pm Dec 6, 2022 4:55pm | Edited 6:15pm
Quoting Moty
{quote} because it will found support suddenly {image} i want that someone will tell me , where were all the sellers that in the gu now ? i have waited all day for this nothing is stopping thenm , not horizontal support , not round number , not the adr low fucking amazing {image}
jr , I think many moons ago something was said along the lines of stop doing same stupid sh-t expecting a different result by somebody, how many years later , still doing it ,not one thing learned , not one , you have been and still are a great learning tool as I was taught what not to do , reckon it put your underware in a bunch then , as the iggy button was used , you are a great indi still in and of itself ,this long doing same stupid sh-t , there is no excuse other than yourself, is a shame and sad to watch tho , you could do so much better, there will be no pity tho
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  • #711,892
  • Dec 6, 2022 6:37pm Dec 6, 2022 6:37pm
Quoting Pat Chiko
{quote} GU Twelve hours of ranging. Came to check trade progress every fours hours. Next H4 candle to open. Will decide to continue or just give up this trades. Potentially DXY pushing up into resistant zone.{image}{image}
GU

So the past two days I'm walking around in a confused daze.
Everyone knows how to follow a trend.
We can make pips in a trending market, most people can.

It's those damn consolidating, up & down markets that we always lose at (u think I'm unique here?)
And being a "trader"...it's like impossible to stay away from your job for days, or weeks at a time while the markets go through this faze.

Trust your instincts!
Sounds like we have a solid strategy, if its telling you not to trade, DON'T TRADE, and don't feel bad about it either, easy to say right?


Here's my closed position @ LOSS and some open position to recover losses.
May review and taking out (partial) position before LO.
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Well damn!
the drop happened but not before giving a few head fakes. (sucker punch)
That was a tough one to call there.....
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #711,893
  • Dec 6, 2022 6:44pm Dec 6, 2022 6:44pm
Quoting Pat Chiko
{quote} GU So the past two days I'm walking around in a confused daze. Everyone knows how to follow a trend. We can make pips in a trending market, most people can. It's those damn consolidating, up & down markets that we always lose at (u think I'm unique here?) And being a "trader"...it's like impossible to stay away from your job for days, or weeks at a time while the markets go through this faze. Trust your instincts! Sounds like we have a solid strategy, if its telling you not to trade, DON'T TRADE, and don't feel bad about it either, easy...
Forgotten to add DXY chart.

Here you go.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #711,894
  • Dec 6, 2022 6:53pm Dec 6, 2022 6:53pm
Stimill looking for some asian session 10-20 pips retracement
Extreme gut feeling trader
  • #711,895
  • Dec 6, 2022 6:54pm Dec 6, 2022 6:54pm
Quoting pipcenturion
{quote} Kindly check 1.22588 level on your H4 chart.
Does this qualify as a RSF?
From where sell trades can be taken?
Thanks for your view and comment Bro.
You're one of the sharpest traders in this thread.

When you posted the above, I've already asleep....
That's why I like to post in this thread, hoping someone who see better than me, which I may overlooked.

Keep up the good work Bro, I appreciate your view.

Best Wishes
PAT Chiko.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #711,896
  • Dec 6, 2022 7:02pm Dec 6, 2022 7:02pm
Quoting Bella.al
Current Rate : 1.21920 New day started at my end and pivots are setup as "Bearish" for cable initially. Marked on my charts is H3 = 1.22424 as initial resistance . I don't have any personal bias 'standing aside' as things can change when my 'GMT Shift' arrives after 1:00 PM GMT . However, current picture is bearish. Bella's Blue will allow market to settle down " trade inside a frame work of these pivots" and then find it's directional bias. -Bella's Blue {image}
jr , dont see em too often , cams, there is bigger ones , and they do get used , along with their mid points
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  • #711,897
  • Dec 6, 2022 7:13pm Dec 6, 2022 7:13pm
Quoting pipcenturion
{quote} Please can you kindly post a H4 chart for USDJPY? I am getting ready to take
Quoting pipcenturion
buy trades around 133.33 Thanks.
Quoting ninner
{quote} why would you want to buy the USDJPY??? You want to lose more money???



Another great trade call from you even someone don't agree with it.
Boy, that is a tough one,
Why would anyone want to take the other side of your trade call?
I mean with your track record. LOL....
No seriously, It is odd that there can be such a divers opinion in a given market.

I suppose what I am saying is that the other side of the trade could be for reasons that have nothing at all to do with the direction of a currency.

Keep up with good posting and you're doing great work in this thread.
Thanks a million.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #711,898
  • Dec 6, 2022 7:24pm Dec 6, 2022 7:24pm
Looking for Answers in All the Wrong Places

Trading may be simple to understand, but it is difficult to execute.

That's because we are looking for answers in all the wrong places.
The solution isn't outside of you--in charts, fundamental analysis, research resports and other blind alleys--but squarely between your ears.

Traders often use the word discipline.
Who are they disciplining? Their dog? Their children? No, themselves.
More specifically, their egos.

We are hard-wired backward for success in the markets.
We want to avoid pain and only seek pleasure.
Taking losses is painful, and taking profits is pleasurable.

So it is only natural that we would take quick profits and delay taking losses.
We are naturally wired that way, and that is why trading is simple but not easy.
Overcoming one's wiring is tough and takes a lot of training.

Another major problem is waiting for the right setup or entry criteria to appear.
Most traders spend a great deal of time deciding when and where to enter the market with little thought of where to get out when they are wrong.
I posit that it really doesn't matter how and when you make your entry trade.

What really counts is how you manage the trade.
Nothing else really matters.

Trade Well and Green pips to all

PAT Chiko
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #711,899
  • Dec 6, 2022 7:27pm Dec 6, 2022 7:27pm
Long 1.2120 SL 1.2099
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #711,900
  • Dec 6, 2022 7:40pm Dec 6, 2022 7:40pm
Quoting Pat Chiko
Looking for Answers in All the Wrong Places Trading may be simple to understand, but it is difficult to execute. That's because we are looking for answers in all the wrong places. The solution isn't outside of you--in charts, fundamental analysis, research resports and other blind alleys--but squarely between your ears. Traders often use the word discipline. Who are they disciplining? Their dog? Their children? No, themselves. More specifically, their egos. We are hard-wired backward for success in the markets. We want to avoid pain and only seek...
and a great post
people leave, but this thread will go on for ever
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