Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#712,301
Dec 7, 2022 6:49pm Dec 7, 2022 6:49pm

emmanuel7788
Joined Nov 2008 | Status: Trader | 50,190 Posts

Quoting Fake'Dr'Dave

Disliked

{quote} Indicators are a visual display of the results of mathematical calculations. As long as the equipment doing the calculations has no errors, then the indicators perform accurately ALL THE TIME, EVERY TIME. However, a person's interpretation of some kind of signal from that indicator, such as entering a trade or exiting a trade, when checked for correlation with a winning outcome for a series of trades can certainly show poor correlation. But that is not due to the indicator not performing accurately, but rather from how the person uses the...

Ignored

hey @DrDick

If your knowledge and understanding is this good as you have written, tell us which indicator you followed in 2020 and made you held on to your GU sell in 2020 for 40 weeks and you added another sell and held on for 27 weeks?

There must a very serious flaw in your IMT indicator and your language translator.

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...

Honesty is a very expensive gift. You wont find it in cheap people.WBuffett

#712,302
Dec 7, 2022 6:55pm Dec 7, 2022 6:55pm

emmanuel7788
Joined Nov 2008 | Status: Trader | 50,190 Posts

Quoting Fake'Dr'Dave

Disliked

{quote} Over 90% of my trades are on GBPUSD.

Ignored

@DrDick

"over 90% of your trades are on GBPUSD" ... this means also more than 90% of you losses are on GBPUSD too!.

99% of retail traders lose money and what make you the exception?

99% of trader lose money >>>> { here }

Honesty is a very expensive gift. You wont find it in cheap people.WBuffett

#712,303
Dec 7, 2022 7:02pm Dec 7, 2022 7:02pm

mysterio
Joined Sep 2009 | Status: Trader | 6,009 Posts

General plan tomorrow. I think we'll see a move down, 1.2175 will be a magnet level. Likely to have some lows taken out (weds and thurs) then a big buy up to 1.2290 area

DXY I think a bigger push up into H4 Demand above Weds high then a big drop

We'll see the overnight PA, the plan may change

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#712,304
Dec 7, 2022 8:14pm Dec 7, 2022 8:14pm

montygoldy
Joined May 2017 | Status: Intermediate Trader | 6,412 Posts

My guts screaming today can be a decent green candle day probably can turn weekly candle to green….no analysis pure gut feeling….

Extreme gut feeling trader

#712,305
Dec 7, 2022 8:33pm Dec 7, 2022 8:33pm

navk
Joined Oct 2010 | Status: Trader | 21,478 Posts

To me, daily pivot to r1 first.

This is due to bullish close in NY session

Intraday only.

#712,306
Dec 7, 2022 9:39pm Dec 7, 2022 9:39pm

yelena
Joined Nov 2011 | Status: works well with lagging indicators | 937 Posts

long 2184
TP 2299
SL any candle that closes below 2184, reason: not a good time to enter, but with a valid signal

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#712,307
Dec 7, 2022 9:47pm Dec 7, 2022 9:47pm

montygoldy
Joined May 2017 | Status: Intermediate Trader | 6,412 Posts

Quoting montygoldy

Disliked

My guts screaming today can be a decent green candle day probably can turn weekly candle to green….no analysis pure gut feeling….

Ignored

Entered long as well targetting 1.22600….

Extreme gut feeling trader

#712,308
Edited 10:41pm Dec 7, 2022 9:56pm | Edited 10:41pm

Robinhood1
Joined Dec 2011 | Status: Postmaster | 11,928 Posts

Quoting Jolita

Disliked

{quote} Good job on GJ trades. Well done! I dont follow this pair and monthly willing to reach at least 18000. While 4 h require to make lower low 16600 to complete 16450. GL GJ 4 h and monthly atm {image}{image}

Ignored

I kindly disagree. My target is at the most 172.00 before anything else. Price is at 166.80 when writing

POSTMASTER

#712,309
Dec 7, 2022 10:17pm Dec 7, 2022 10:17pm

Whale
Joined Jun 2013 | Status: Trader | 14,538 Posts

Quoting Whale

Disliked

I just sold it. @ 1.2215 1st Target 1.2 2nd "" 1.185 3rd "" 1.161

Ignored

Morning,

i cut it +25, i hoped to see something else.
i will look for much better price.

#712,310
Dec 7, 2022 10:34pm Dec 7, 2022 10:34pm

ninner
Joined Jul 2013 | Status: Trader | 2,917 Posts

Quoting Pat Chiko

Disliked

{quote} Forgotten to add DXY chart. Here you go.{image}

Ignored

Here you go momentum is down for the usdjpy it is going lower!!!

#712,311
Dec 7, 2022 10:36pm Dec 7, 2022 10:36pm

Robinhood1
Joined Dec 2011 | Status: Postmaster | 11,928 Posts

100% win rate system if you control your MM

Usdjpy setting up for a solid long. Waiting for several days, even 2 or 3 weeks to enter is a must.

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POSTMASTER

#712,312
Dec 7, 2022 10:37pm Dec 7, 2022 10:37pm

navk
Joined Oct 2010 | Status: Trader | 21,478 Posts

changed direction to short.

Trailing stop hit for long trades. Out with minimal profits.

Now prefer short.

Intraday only.

#712,313
Dec 7, 2022 10:42pm Dec 7, 2022 10:42pm

yelena
Joined Nov 2011 | Status: works well with lagging indicators | 937 Posts

Quoting yelena

Disliked

long 2184 TP 2299 SL any candle that closes below 2184, reason: not a good time to enter, but with a valid signal {image}

Ignored

BE. waiting for another set up,
bullish

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#712,314
Dec 7, 2022 10:45pm Dec 7, 2022 10:45pm

Bella.al
| Membership Revoked | Joined Oct 2022 | 12,229 Posts

Initial Market Analysis : 04:42 AM GMT

Yesterday's High : 1.22337
Yesterday's Low : 1.21055
Daily Bar Bias: Moderately Bullish .
Bella's Price Momentum : +ve : 0.49
Pivots:
L3 : 1.21740
H3: 1.22432

L4: 1.21381
H4: 1.22791

Currently it is a Bullish Scenario overall with BPM +0.49 and Day is setup as Bullish with some bears pressure coming from Yesterday's High at 1.22337. With the next Update nearing my GMT Switch i shall see how the BPM has changed if any and how the price has been trading inside the Framework of the Pivots

-Bella's Blue

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Goddess of Thunder..

#712,315
Dec 7, 2022 10:54pm Dec 7, 2022 10:54pm

Robinhood1
Joined Dec 2011 | Status: Postmaster | 11,928 Posts

Quoting Robinhood1

Disliked

UsdCad So the pattern did not conclued. Once the slope is detected, it becomes a support at several stages till the last one becomes a failure. somewhere below(with a bit of studying i will discover) it shows up again ensuring the start of a swing, in this case long. It allows you to trade with a certain peace of mind, taking into account that the leverage is controlled as long as you only enter long. Of course, it takes time since the pattern started in this case on Nov 16. Dare I say with a 100% winning rate. {image}

Ignored

Lets see if there is a failure to make a new high breaking support where i will paciently wait for a buy signal.

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POSTMASTER

#712,316
Dec 7, 2022 10:58pm Dec 7, 2022 10:58pm

mrluckystar
Joined May 2011 | Status: Balance sh*t | 2,062 Posts

Quoting Robinhood1

Disliked

{quote} Lets see if there is a failure to make a new high breaking support where i will paciently wait for a buy signal. {image}

Ignored

Short again for ucad.

Break yesterday high will go long for 1.3834

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