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Cable Update (GBPUSD)

  • #715,801
  • Dec 22, 2022 2:56am Dec 22, 2022 2:56am
Quoting Yngwie
{quote} 30M chart give short clue {image}
your SL was at 2140


how are u still in the trade?
MY OPINION NOT FINANCIAL ADVISE
  • #715,802
  • Dec 22, 2022 2:56am Dec 22, 2022 2:56am
Quoting maxim12345
{quote}Hi what's the name of the book? thx
Adventures of a Currency Trader: A Fable about Trading, Courage, and Doing the Right Thing by Rob Booker.
  • #715,803
  • Dec 22, 2022 2:56am Dec 22, 2022 2:56am
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yes yes yes
  • #715,804
  • Dec 22, 2022 2:59am Dec 22, 2022 2:59am
Quoting Georginson
{quote} A GOLDEN RULE OF NEVER PUT ALL YOUR EGGS IN ONE BASKET... I will share a story that I have never shared here in forexfactory... I started trading forex since July 2007 and was never consistent for 7 years, I lost many friends, my integrity shattered and I was the definition of poverty. Forex was all I knew and all I was doing... Fast forward to October 2014, I got a job at a microfinance institute and started earning modest salary which made me stop trading forex for 14 months but occasionally just check GU chart to see what's going on the...

my story is not far from yours bro

may you never return to beg from where u say goodbye
MY OPINION NOT FINANCIAL ADVISE
  • #715,805
  • Dec 22, 2022 3:01am Dec 22, 2022 3:01am
Quoting Phil_GMT
{quote} I don't know Trendline won't hold. It was my trading plan for Wednesday. The price did not break 1.2052 Dec Open. Yesterdays Low 1.2054
Thanks
I liked how you narrate your trading plan on a chart
Lou Vincii Code
  • #715,806
  • Dec 22, 2022 3:14am Dec 22, 2022 3:14am
OPENING LONG
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Trendlines H1,H4, SMC
  • #715,807
  • Dec 22, 2022 3:15am Dec 22, 2022 3:15am
I can't be the only one getting frustrated when the GU and USDX move in the same direction! This implies massive weakness or strength in the pound!
  • #715,808
  • Dec 22, 2022 3:15am Dec 22, 2022 3:15am
Quoting Moty
{image}
looks like youare riding the dragon now
good job
  • #715,809
  • Dec 22, 2022 3:17am Dec 22, 2022 3:17am
Added a third trade on the Cable, first started here and then doubled down here.
Attached Image (click to enlarge)
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  • #715,810
  • Dec 22, 2022 3:21am Dec 22, 2022 3:21am
Quoting Georginson
{quote} A GOLDEN RULE OF NEVER PUT ALL YOUR EGGS IN ONE BASKET... I will share a story that I have never shared here in forexfactory... I started trading forex since July 2007 and was never consistent for 7 years, I lost many friends, my integrity shattered and I was the definition of poverty. Forex was all I knew and all I was doing... Fast forward to October 2014, I got a job at a microfinance institute and started earning modest salary which made me stop trading forex for 14 months but occasionally just check GU chart to see what's going on the...
Deep story, you're a humble person G
https://breakpullback.com
  • #715,811
  • Dec 22, 2022 3:23am Dec 22, 2022 3:23am
Quoting Yngwie
{quote} 30M chart give short clue {image}
Closed for 50 pips Open Long 1.2095 SL 1.2085
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #715,812
  • Dec 22, 2022 3:24am Dec 22, 2022 3:24am
Quoting Jolita
{quote} Hey, all good, you? How is life? at home? Having xmas lunch party tomorrow, then one weeks holiday to spend some tme with family and friends. I can not wait.
Yes, it is nice to have holidays. I came back home a week ago, when it was cold -15C. It is beautiful here. But i see that inflation is beating our homeland. Almost all prices grow 50% percent this year.
Yet, i am glad, i had a very good month in forex. Made almost 20% this month. Start of the year was tough, but i will end this year with a decent profit.


  • #715,813
  • Dec 22, 2022 3:25am Dec 22, 2022 3:25am
Sold gold at 1818.90

  • #715,814
  • Dec 22, 2022 3:25am Dec 22, 2022 3:25am
100 $ withdrawal to go please
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yes yes yes
  • #715,815
  • Dec 22, 2022 3:25am Dec 22, 2022 3:25am
Quoting donfriday
{quote} your SL was at 2140 how are u still in the trade?
Quoting Yngwie
{quote} Hit BE. Bulls day
This short hit BE
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #715,816
  • Dec 22, 2022 3:26am Dec 22, 2022 3:26am
G/M, (again,) Price falling after challenging prev 1hr sw hi zone = prev res = pot res, and a 3 fib cluster...now challenging a prev 1hr sw hi zone = prev res = pot rbs / 61.8% of y/day lo - current dly hi 1hr ranginess with a current downside bias continues. 4hr probably in a general downtrend?

1hr below
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Trader with an Edge.
  • #715,817
  • Dec 22, 2022 3:33am Dec 22, 2022 3:33am
buy - 1.2090

stop loss - 1.2070
Together we can be strongest
Vantage Return This Month: na
  • #715,818
  • Dec 22, 2022 3:35am Dec 22, 2022 3:35am
Well done to Georginson for sharing his story - a brave thing to do. I feel for you mate, and every good fortune to you into the future. Doesn't it just prove again that trading is basically 90% psychology, and that the battle isn't with the markets - it's with ourselves. The battles may be won or lost on a day-to-day basis, but the war is never won.
Trader with an Edge.
  • #715,819
  • Dec 22, 2022 3:39am Dec 22, 2022 3:39am
Quoting Pat Chiko
{quote} GU Ridding this trade based on S&R with price action. Target Christmas.{image}{image}
GU

Some cash out, some add.
Hope it will reach target 2 by NY.

Tomorrow no London market. Going to be calmer, and may consider to minimise open position going thru the holiday.
Take care and trade well.

Current position, after price RT the range box.
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DXY
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #715,820
  • Dec 22, 2022 3:40am Dec 22, 2022 3:40am
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yes yes yes
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