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Cable Update (GBPUSD)

  • #721,341
  • Jan 17, 2023 4:44am Jan 17, 2023 4:44am
Quoting Fardeen1209
{quote} The more polite a government official is the harder s/he will screw you. Govt officials aint nobody's friend, they are here just to control everything but when they failed to do so, and sh*ts unleashed on the citizens some will blamed Central Banks, others will blame preceding political party in power or blame other countries. These guys are the devils in human form.
One of the Holy S*** is currently present in our country, currently.
  • #721,342
  • Jan 17, 2023 4:46am Jan 17, 2023 4:46am
15 min appreciate
Attached Image (click to enlarge)
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EU Soyuz reconnaissants envers les gents sympathiques qui vous entourant.
  • #721,343
  • Jan 17, 2023 4:47am Jan 17, 2023 4:47am
Quoting Indigo45
{quote} One of the Holy S*** is currently present in our country, currently.
These Devils are everywhere and particularly at the top of a country's office.
More time in the market, does not mean you trade better!
  • #721,344
  • Jan 17, 2023 4:49am Jan 17, 2023 4:49am
I just can't do this. No matter what I do. I'm out.
  • #721,345
  • Jan 17, 2023 4:51am Jan 17, 2023 4:51am
Quoting Chokdee
{quote} Yeah Yeah. So you didn't bet on what you said was an absolute certainty because you had already won so much. - Some strategy Good Luck
LOL. That is hardly a strategy worth considering. I have a viable, successful strategy that I have used for quite some time.

No, I didn't make any more entries after noon, GMT, because there were no valid setups according to my system. Also, just because a move has not ended does not mean that it is PROGRESSING in the same direction in a manner that is likely to provide good trading opportunities: The down move drifting into consolidation is a good example.
To free Gazans of Hamas, use whatever it takes.
  • #721,346
  • Jan 17, 2023 4:55am Jan 17, 2023 4:55am
Quoting Fardeen1209
{quote} The more polite a government official is the harder s/he will screw you. Govt officials aint nobody's friend, they are here just to control everything but when they failed to do so, and sh*ts unleashed on the citizens some will blamed Central Banks, others will blame preceding political party in power or blame other countries. These guys are the devils in human form.
You are Right.
But i Don't know her Personally so i only say what i hear, she may be EVIL but its better then DEVIL it Self..
lets see how She will Screw things up this time in March she have to make a Stand, no one knows Where this Camel will Land
.
.
"Action comes about if and only if we find a discrepancy between what we are experiencing and what we want to experience."
—Philip J. Runkel
Don't compare your Trades with Others
  • #721,347
  • Jan 17, 2023 4:58am Jan 17, 2023 4:58am
Guys we call this "the Slaughterhouse" for a reason.
There is fundamentaly strong reason to NOT trade anything one day before an Interest Rate Decision (BOJ) and with CAD CPI's today.
It's Risk OFF, nobody sane in their mind puts any positions into the market, not intraday and not longterm.
If you are in the markets longterm you reduce your risk.
If you only trady intraday, go fishing or do something useful with your lifes.

Stop clicking the button, you are only feeding.
It's all just range accumulation before the slaughtering of both sides.
don't trade shit like this, there is nothing to trade here.
Attached Image (click to enlarge)
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you are not expected to understand this
  • #721,348
  • Jan 17, 2023 4:59am Jan 17, 2023 4:59am
30 minutes shit bull candle
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #721,349
  • Jan 17, 2023 5:02am Jan 17, 2023 5:02am
Quoting yelena
{quote} so i put a short based on that 2) Breakout (going down) of DP 3) price re-test of ema10 at bar close = 2213 SL if price bar closes above 2214 emergency SL 20 pips TP 160 pips below (uhuh) {image}

grrr
that looks like a deep valley.
SL - 2 including commission
wait again, right before NYO
Attached Image (click to enlarge)
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  • #721,350
  • Jan 17, 2023 5:03am Jan 17, 2023 5:03am
Quoting Teek
Guys we call this "the Slaughterhouse" for a reason. There is fundamentaly strong reason to NOT trade anything one day before an Interest Rate Decision (BOJ) and with CAD CPI's today. It's Risk OFF, nobody sane in their mind puts any positions into the market, not intraday and not longterm. If you are in the markets longterm you reduce your risk. If you only trady intraday, go fishing or do something useful with your lifes. Stop clicking the button, you are only feeding. It's all just range accumulation before the slaughtering of both sides. don't...
Now watch it make a massive move
  • #721,351
  • Edited 5:16am Jan 17, 2023 5:05am | Edited 5:16am
Quoting GODofMC
{quote} Ok closed. Thought i want higher but this is enought for me today but i dont see any reason why sorting GU but i will see m5 if it reverse before h1 closing {image}
GU still maintain its position down and up.
Dollar need some stimulan to break up
Think will be ranging this week
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #721,352
  • Jan 17, 2023 5:05am Jan 17, 2023 5:05am
Quoting DrDave
{quote}LOL. That is hardly a strategy worth considering. I have a viable, successful strategy that I have used for quite some time. No, I didn't make any more entries after noon, GMT, because there were no valid setups according to my system. Also, just because a move has not ended does not mean that it is PROGRESSING in the same direction in a manner that is likely to provide good trading opportunities: The down move drifting into consolidation is a good example.
  • #721,353
  • Jan 17, 2023 5:07am Jan 17, 2023 5:07am
Quoting Teek
Guys we call this "the Slaughterhouse" for a reason. There is fundamentaly strong reason to NOT trade anything one day before an Interest Rate Decision (BOJ) and with CAD CPI's today. It's Risk OFF, nobody sane in their mind puts any positions into the market, not intraday and not longterm. If you are in the markets longterm you reduce your risk. If you only trady intraday, go fishing or do something useful with your lifes. Stop clicking the button, you are only feeding. don't trade shit like this, there is nothing to trade here. {image}
Took a small lot on Frankfurt Asian Low liquidity Sweep, Worked pretty well as you described it. Got out with +47pips for the account. I'm writing a personal Session Liquidity High/Lows sweep bullet points and while recording the time and day of the week of it actually occurred. Try to pinpoint the pattern of occurrence like you said.
More time in the market, does not mean you trade better!
  • #721,354
  • Jan 17, 2023 5:07am Jan 17, 2023 5:07am
Quoting Teek
Guys we call this "the Slaughterhouse" for a reason. There is fundamentaly strong reason to NOT trade anything one day before an Interest Rate Decision (BOJ) and with CAD CPI's today. It's Risk OFF, nobody sane in their mind puts any positions into the market, not intraday and not longterm. If you are in the markets longterm you reduce your risk. If you only trady intraday, go fishing or do something useful with your lifes. Stop clicking the button, you are only feeding. It's all just range...
Sooo those of us trying to catch a pip or two here and there today must not be sane in our minds
Okay. Well said
  • #721,355
  • Jan 17, 2023 5:09am Jan 17, 2023 5:09am
Quoting FulMargnAlch
{quote} Reentered because of that huge H1 pin bar. Let's see if sellers can exert more pressure in this minor structure. {image}
BE was hit, waiting for another entry, presumably at NY.
The market hides a perfect geometry.
  • #721,356
  • Jan 17, 2023 5:11am Jan 17, 2023 5:11am
Quoting Pat Chiko
{quote} GU and still waiting............. Going for another smoke....{image}
...and pancake ...
  • #721,357
  • Jan 17, 2023 5:13am Jan 17, 2023 5:13am
https://www.marketscreener.com/news/...kes--42747593/
  • #721,358
  • Jan 17, 2023 5:16am Jan 17, 2023 5:16am
Quoting BrainBucks
{quote} Sooo those of us trying to catch a pip or two here and there today must not be sane in our minds Okay. Well said
The days before the last two BoJ rate decisions
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  • #721,359
  • Jan 17, 2023 5:19am Jan 17, 2023 5:19am
Quoting BrainBucks
{quote} Sooo those of us trying to catch a pip or two here and there today must not be sane in our minds Okay. Well said
I was thinking this for my self.
Im gambling not investing
The one who inves i see here someone like who bought GU about 1.0000 maybe EU below parity and still holding buy (forgot his username)
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #721,360
  • Jan 17, 2023 5:21am Jan 17, 2023 5:21am
Quoting MrFanciful
{quote} Now watch it make a massive move
Look, please, stop clicking the button.
There is no such thing like "missing out", you never "miss a trade", the markets are always there.

This is how you should look at anything trading before you ever click a button.
Every click of the button must be a sound decision based on these 8 simplse steps:
(this is how I do it, you do what you want but this a proven sound and profitable approach)
1. "where are we"
2. "WHEN are we"
3. "what has price recently done and WHEN"
4. "where did it come from"
5. "what do I think is likely to happen next"
6. "WHEN do I think is it likely to happen"
7. "do I get a clean setup (entries and exits) according to my method and is the time right to execute on it"
8. "can I manage the risk for this trade and what do I want to accomplish with it"

Only if I can answer all of this AND I really have a clean setup that makes sense at the right time, I execute.
Refardless of the outcome of this trade, winner or loser, this is a GOOD trade.

I know it hurts when you are new and you keep getting butcherd. It feels like someone is really after you and the truth is, yes, they are after you and no it's not your Broker.
If your Broker would be allowed to tell you something today, he would tell you to stay away because he really does not want to take your trades either way.
The most important skill new traders must learn, and most learn it the hard way (including me and anyone else on this planet), is when to stay away and do nothing.
In fact, most of the time good trading means: doing nothing
It's the most boring thing in the world and if your trading is "exciting" you are in serious trouble.
you are not expected to understand this
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