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Cable Update (GBPUSD)

  • #716,201
  • Dec 23, 2022 10:30am Dec 23, 2022 10:30am
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Let’s try go out with a good trade . Short 55 stop 65
  • #716,202
  • Dec 23, 2022 10:30am Dec 23, 2022 10:30am
Quoting elbert3
{image}Happy Christmas everybody.best regards as ever E
Wish you and your family a great Christmas.

Cheers !
Intraday only.
  • #716,203
  • Dec 23, 2022 10:35am Dec 23, 2022 10:35am
Quoting navk
{quote} well done. However, people were chasing for short trades when price rising above today lows. Technically, I would be buying from 2000 support, though there were pull backs
people were chasing for short trades when price rising above today lows

LOL. I consider those as gamblers or guessers. I wait until a signal that a TF is in an actual down swing before even considering a sell entry.
To free Gazans of Hamas, use whatever it takes.
  • #716,204
  • Dec 23, 2022 10:39am Dec 23, 2022 10:39am
Quoting DrDave
{quote} people were chasing for short trades when price rising above today lows LOL. I consider those as gamblers or guessers. I wait until a signal that a TF is in an actual down swing before even considering a sell entry.
I meant those who sold at lows, sold at middle.. ( Left, right, centre )

Intraday only.
  • #716,205
  • Dec 23, 2022 10:41am Dec 23, 2022 10:41am
Quoting DrDave
{quote} people were chasing for short trades when price rising above today lows LOL. I consider those as gamblers or guessers. I wait until a signal that a TF is in an actual down swing before even considering a sell entry.
What do you consider appropriate signals of downtrends or uptrends for TF's?
  • #716,206
  • Dec 23, 2022 10:45am Dec 23, 2022 10:45am
got a few pips happy hollyways tp all see u next week...
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  • #716,207
  • Dec 23, 2022 10:46am Dec 23, 2022 10:46am
Quoting dantpm
{quote} What do you consider appropriate signals of downtrends or uptrends for TF's?
yeah, i too thought of same question.

For me, the whole of LO... and asia daily open...

the open line never breached.

It means long candle to me.

If price falls below daily open.. i would consider short.

Rest of signals are consdered pull backs. In my theory
Intraday only.
  • #716,208
  • Dec 23, 2022 10:55am Dec 23, 2022 10:55am
Quoting dantpm
{quote} What do you consider appropriate signals of downtrends or uptrends for TF's?
Classical Dow Theory for trend confirmation.

I see many people will enter a trade very shortly after a new swing has started on a TF. However, there is no way to know if it is a retracement swing in a trend or if it is the first swing in a trend reversal. The odds are not in your favor of making the correct choice by viewing only that single TF.
To free Gazans of Hamas, use whatever it takes.
  • #716,209
  • Dec 23, 2022 11:16am Dec 23, 2022 11:16am
Quoting papatya
sell limit 1.2062 {image}
TP didn't work
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  • #716,210
  • Dec 23, 2022 11:54am Dec 23, 2022 11:54am
Sell GU Tp 1.187..
  • #716,211
  • Dec 23, 2022 12:17pm Dec 23, 2022 12:17pm
Quoting DrDave
{quote}Classical Dow Theory for trend confirmation. I see many people will enter a trade very shortly after a new swing has started on a TF. However, there is no way to know if it is a retracement swing in a trend or if it is the first swing in a trend reversal. The odds are not in your favor of making the correct choice by viewing only that single TF.
I tend to look for a confirmation across the 15, 5, and 1 min time frames.
  • #716,212
  • Dec 23, 2022 12:26pm Dec 23, 2022 12:26pm
Seeing a blank chart is like looking at the world without eyes, in this struggle using indicators acts as crutches which shows the way to the blind man, thanks to the indicators.

Once you have spend time with indicates and used to of them ! guess what !

You have stunted your mind that is it no more growth towards reading the Price ! sorry i bring you to this !

the only savior left is risk management.

Open yourself to Learning the price/charts with no crutches ! which needs study and practice.

Dare Devil the blind Child scene:
Inserted Video
"Exchange of hands"
  • #716,213
  • Dec 23, 2022 12:27pm Dec 23, 2022 12:27pm
Quoting bilal1947
{quote} the whole Daily candle turn green ! and now turning back red again taking profit is essential.
Daily candle turns Red.

take profit time.
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"Exchange of hands"
  • #716,214
  • Dec 23, 2022 12:31pm Dec 23, 2022 12:31pm
All positions closed! Well over 600 pips in the pocket.. no news next Week, so trading-wise I'm done for this year and am waiting for FOMC in the new year in that first Week of 2023. Then, I'll start adding new trades. Until then!
  • #716,215
  • Dec 23, 2022 12:44pm Dec 23, 2022 12:44pm
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yes yes yes
  • #716,216
  • Dec 23, 2022 12:44pm Dec 23, 2022 12:44pm
Quoting bilal1947
I want price to give one more push to 1.2086 and drop {image}
Quoting bilal1947
{quote} Precision ! {image}
Closing positions !

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Merry Christmas enjoy the holidays and family time !
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"Exchange of hands"
  • #716,217
  • Dec 23, 2022 12:47pm Dec 23, 2022 12:47pm
Quoting Pat Chiko
{quote} GU - Real time live trades. add position at QM and TL. Hope got luck with this trades.....{image}
GU - Real time live trades.

WHY ?
Reactive to Price Action.
No guessing, just plain observation.

All three trades based on Price Action. Chart attached.

NOTE : Start analyzing with understanding of Price Structure, then go with the flow.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #716,218
  • Dec 23, 2022 12:53pm Dec 23, 2022 12:53pm
Merry Christmas people
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Lou Vincii Code
  • #716,219
  • Dec 23, 2022 1:04pm Dec 23, 2022 1:04pm
Quoting Pat Chiko
{quote} GU - Real time live trades. WHY ? Reactive to Price Action. No guessing, just plain observation. All three trades based on Price Action. Chart attached. NOTE : Start analyzing with understanding of Price Structure, then go with the flow.{image}{image}
love it love it love it. Happy holidays Pat!
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How to succeed in zero sum game?
  • #716,220
  • Dec 23, 2022 1:08pm Dec 23, 2022 1:08pm
Quoting palpite
sell - 1.2070 stop loss - 1.2090
trade closed - 1.2034

Merry Christmas.
Together we can be strongest
Vantage Return This Month: na
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