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Cable Update (GBPUSD)

  • #712,921
  • Dec 9, 2022 5:35am Dec 9, 2022 5:35am
Will put a short around 12280 if it goes there
Insane in the Brain..
  • #712,922
  • Dec 9, 2022 5:37am Dec 9, 2022 5:37am
Up up up till 1.23
Exhausted
  • #712,923
  • Dec 9, 2022 5:39am Dec 9, 2022 5:39am
Quoting Elysion
Still don't understand what's wrong. Live vs Demo, same thing. Only things that's different is that I tend to hold demo for longer trades. {image} {image}
demo for sure , you are dare to hold longer time while using your real money, when price is consolidated, you over think and cut it, then it move after you close, you get mad and chase, then market reverse you cut again.
PA Return Today: na
  • #712,924
  • Dec 9, 2022 5:40am Dec 9, 2022 5:40am
You shell not pass 1.22685
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yes yes yes
  • #712,925
  • Dec 9, 2022 5:40am Dec 9, 2022 5:40am
Quoting Traderview
All the details were mentioned inside the chart. It very fairly easy. Weekly trading range is 200 pips. watchout the prices and execute it patiently. {image} {image}
check how price reacting at the manipulation zone. 1.2258 -1.2213. Don't lose your SL.

look at in 4HRS as well.
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  • #712,926
  • Dec 9, 2022 5:41am Dec 9, 2022 5:41am
Quoting pipcenturion
{quote} Wow! You reversed your position? You are really fluid.


Have to adapt with Price Action. I'm just a follower of what price is telling me to do.
From where I came from, the key is being able to change our mind and adapt very quickly indeed and to recognize the key levels. S&R level and S&D provide me with these.. but not all the time, markets can drift, but hopefully it works more than it doesn't .

There's nothing to beat a nice trend, when the markets drift I think its best to stand aside and look elsewhere... (go for smoke)
This thread is very timely as I think cable has made some big moves over the last few weeks. who said winter months are boring with Santa is coming to visit us soon.


Quoting genadi
{quote} I dont understand this. Why are you buying in this place?


Visual, maybe this marked up chart helps.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #712,927
  • Dec 9, 2022 5:41am Dec 9, 2022 5:41am
...right now price struggling @ base of 4hr part of the prev 1hr/minor 4hr sw hi zone leading to current dly hi...this base also a prev 1hr sw hi zone.....chart below shows the pot (potential) res factors leading up to 2344.

1hr below
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Trader with an Edge.
  • #712,928
  • Dec 9, 2022 5:41am Dec 9, 2022 5:41am
quick 30 up
  • #712,929
  • Dec 9, 2022 5:44am Dec 9, 2022 5:44am
Quoting bilal1947
shorted at 1.2269 {image}
Can you explain why did you took that trade ,is that OB by the way
  • #712,930
  • Dec 9, 2022 5:49am Dec 9, 2022 5:49am
Risking a short at 12270.
Insane in the Brain..
  • #712,931
  • Dec 9, 2022 5:49am Dec 9, 2022 5:49am
Quoting Indiara
I have a little Sell on UJ. TP is just above S2 {image}
TP reached, +23 for the account

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I am neither brave nor stupid...I am just a part time trader
  • #712,932
  • Dec 9, 2022 5:51am Dec 9, 2022 5:51am
A fake confirmation to attract sellers then the push up to wipe all stop losses. Sporadic
Keep the Lights on then you can catch the rise from the dark.
  • #712,933
  • Dec 9, 2022 5:53am Dec 9, 2022 5:53am
Quoting Elysion
{quote} Idk man, I'll just keep trying. Same method but demo is profitable but live is just sad case.
simple reason for your demo doing much better than real is simply because you put no emotions into your demo trading while you put too much emotions into your live trading... Forex requires less emotions to succeed.
Data + Stat + Risk/Emotions Management
  • #712,934
  • Dec 9, 2022 5:54am Dec 9, 2022 5:54am
Quoting mysterio
{quote} Real time Very slight lag Clusterdelta, Ukranian developer
Thank you very much
in wondering about yourself, you forgot what you came here to be part of
  • #712,935
  • Dec 9, 2022 5:54am Dec 9, 2022 5:54am
Quoting Headland
...right now price struggling @ base of 4hr part of the prev 1hr/minor 4hr sw hi zone leading to current dly hi...this base also a prev 1hr sw hi zone.....chart below shows the pot (potential) res factors leading up to 2344. 1hr below {image}
Just need a few more people to jump in short and voila, 1.23!
  • #712,936
  • Dec 9, 2022 6:02am Dec 9, 2022 6:02am
Quoting dantpm
{quote} Just need a few more people to jump in short and voila, 1.23!
Lol...made an = current dly hi.

1hr below
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Trader with an Edge.
  • #712,937
  • Dec 9, 2022 6:03am Dec 9, 2022 6:03am
Quoting Indiara
{quote} TP reached, +23 for the account {image}
Something that I did differently to last nights trade. Yesterday my TP was +32, and according to my analysis the price should have got there easily. But of course Mr Market does not care about my analysis! My daily target is 20 pips, and during the 3 hour trade yesterday, I had several chances to exit with as much as +27, but I didn't take it. I wanted +32. And I got +1. This is an example of greed. I try very hard to not fall into that trap, but sometimes it still catches me.

So tonight I took +23 even though I don't see a problem below for another 40 pips. Lesson, don't be greedy, take what you need and be happy

Having said all that, I still regard +1 as a win not a loss, and I have not lost a trade for a while now. I just have to remind myself of this greed stuff
I am neither brave nor stupid...I am just a part time trader
  • #712,938
  • Dec 9, 2022 6:05am Dec 9, 2022 6:05am
Quoting AlfieSolomon
{quote} Can you explain why did you took that trade ,is that OB by the way
Sure, i will be back on the question. just let wait for it pan out first else the reasoning will go in vain so lets be a bit patient, mean while good luck to me

Meanwhile tune in another instrumental:
Inserted Video


Regards
bilal
"Exchange of hands"
  • #712,939
  • Edited 6:29am Dec 9, 2022 6:08am | Edited 6:29am
Quoting Indiara
{quote} Something that I did differently to last nights trade. Yesterday my TP was +32, and according to my analysis the price should have got there easily. But of course Mr Market does not care about my analysis! My daily target is 20 pips, and during the 3 hour trade yesterday, I had several chances to exit with as much as +27, but I didn't take it. I wanted +32. And I got +1. This is an example of greed. I try very hard to not fall into that trap, but sometimes it still catches me. So tonight I took +23 even though I don't see a problem...
UJ Coming down 3 digits searching for an absolute bottom
POSTMASTER
  • #712,940
  • Dec 9, 2022 6:08am Dec 9, 2022 6:08am
Loading shorts from here bull is done
Keep the Lights on then you can catch the rise from the dark.
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