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Cable Update (GBPUSD)

  • #712,641
  • Dec 8, 2022 9:47am Dec 8, 2022 9:47am
Quoting kuroro001
{quote} Daily range is still tiny Either we go to around 2300 today, or massive drop to 2100
I think we'll end with a short daily bar today.
And a decisive daily bar tomorrow either up/down.
Exhausted
  • #712,642
  • Dec 8, 2022 9:47am Dec 8, 2022 9:47am
Quoting GODofMC
{quote} Possibility big break up
No brek up heh?
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #712,643
  • Dec 8, 2022 9:49am Dec 8, 2022 9:49am
Struggling to break resistance here...
  • #712,644
  • Dec 8, 2022 9:50am Dec 8, 2022 9:50am
Quoting Elysion
{quote} But if the system has an edge then it should turn out profitable in the long run. Provided that it has an edge and no emotion trading is om the table (which I have failed to do so for the past few months) I'm starting back up with training my discipline and not to FOMO first. But when I see something I'm confident, I'll usually place in more to profit from it. And recent markets PA isn't friendly so up down we go.
you are smart, you will make it

patience is a virtue
  • #712,645
  • Dec 8, 2022 9:51am Dec 8, 2022 9:51am
Is this due to my broker or is this really there? :o

M1 Timeframe just to be exact
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Exhausted
  • #712,646
  • Dec 8, 2022 9:52am Dec 8, 2022 9:52am
3 pips away from auto TP grrrr and then it sinks
Insane in the Brain..
  • #712,647
  • Dec 8, 2022 9:52am Dec 8, 2022 9:52am
Quoting genadi
{quote} you are smart, you will make it patience is a virtue
And that's where I failed.
My patience runs thin when I start losing.
Exhausted
  • #712,648
  • Dec 8, 2022 9:54am Dec 8, 2022 9:54am
Quoting BeeTogether
3 pips away from auto TP grrrr and then it sinks
Sad, did u manage to close it in profits though?
Exhausted
  • #712,649
  • Dec 8, 2022 9:58am Dec 8, 2022 9:58am
Quoting Wavegarrick
{quote} So true Navin. I tried to catch the bottom since Gu had reached a new yearly low. I have learnt since then that long term swings are not easy to catch. This is the learning curve I have had since my 5 year transition to long term trading. I can think in the same terms for year end. Does Gu really swing down now with less than a month to go for year end?. I would much rather think that the big boys will unwind their short trades and hence we could see a X mas rally. Too late in the year to start dynamics with current momentum?. I would want...
Right now for me it is all about getting rid of weak buy trades for small profits and positioning into better trades down lower on the retrace. We have a new daily higher high from a retrace period of two days. This is positive for Bulls in the current uptrend. Important is a weekly close above my 50% 2 yearly fib retrace at 1.22866.
Wish you green pips,
Cheers.
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Trade to trade another day
  • #712,650
  • Dec 8, 2022 10:01am Dec 8, 2022 10:01am
obviously, i wont sell GU, EU, NU, AU.... from this HNS we know... we will make a new high of GU
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“Do not lose hope, nor be sad.”
  • #712,651
  • Dec 8, 2022 10:03am Dec 8, 2022 10:03am
Quoting breakoutpips
obviously, i wont sell GU, EU, NU, AU.... from this HNS we know... we will make a new high {image}
it’s failing to make new highs
  • #712,652
  • Dec 8, 2022 10:06am Dec 8, 2022 10:06am
Quoting shakmoney
{quote} it’s failing to make new highs
GU 4H confirmed HNS, means it will reach a new high bro
“Do not lose hope, nor be sad.”
  • #712,653
  • Dec 8, 2022 10:06am Dec 8, 2022 10:06am
Quoting Elysion
{quote} Sad, did u manage to close it in profits though?
I’m in profit but not enough to call it a day. It’s been far too slow today
Insane in the Brain..
  • #712,654
  • Dec 8, 2022 10:07am Dec 8, 2022 10:07am
Quoting breakoutpips
{quote} GU 4H confirmed HNS, means it will reach a new high bro
We'll wait and see...
  • #712,655
  • Dec 8, 2022 10:08am Dec 8, 2022 10:08am
Quoting breakoutpips
{quote} GU 4H confirmed HNS, means it will reach a new high bro
Let’s save this and come back next week. It’ll not make new highs
  • #712,656
  • Dec 8, 2022 10:09am Dec 8, 2022 10:09am
Quoting Elysion
Is this due to my broker or is this really there? :o M1 Timeframe just to be exact {image}
According to my 2 brokers, no gap at all.
To free Gazans of Hamas, use whatever it takes.
  • #712,657
  • Dec 8, 2022 10:09am Dec 8, 2022 10:09am
Quoting Elysion
Non-thread related topic, Any other pairs that is good to trade aside from GU? I'm leaning more onto UJ as it tends to be more profitable for me as there were less choppy PA. Used to hate the Aussie and Loonie because I couldn't understand it's PA but now it seems easier than Cable. GJ spreads is quite wide from my broker so I stayed away from it after having a tremendous lost (psst, after a huge profit which then led to a downfall, constantly took out by my stoploss)
Elysion, check EJ, it has a good range and decent spread.
Always trade your own plan...I don't provide trading signals.
  • #712,658
  • Dec 8, 2022 10:11am Dec 8, 2022 10:11am
Quoting BeeTogether
{quote} I’m in profit but not enough to call it a day. It’s been far too slow today
It would be nice to know which way this was going to go
  • #712,659
  • Dec 8, 2022 10:13am Dec 8, 2022 10:13am
GJ

a push up pls
POSTMASTER
  • #712,660
  • Dec 8, 2022 10:15am Dec 8, 2022 10:15am
Quoting shakmoney
{quote} Let’s save this and come back next week. It’ll not make new highs
It could

This is just start of 4Hr

1 Hr complete Price usually retraces in the 2nd hour all the way and last hour pushes back up

Regarding a push high

Tomorrow this is on calendar

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Mostly one sided just be on the right side
Shekh In Desert
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