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Cable Update (GBPUSD)

  • #721,941
  • Jan 19, 2023 7:33am Jan 19, 2023 7:33am
what moved gu??
  • #721,942
  • Jan 19, 2023 7:34am Jan 19, 2023 7:34am
Quoting greenpips4
what moved gu??
Let's understand that FX transactions are done two days forward.

Whatever seems to be moving the market is not anything happening today.
  • #721,943
  • Jan 19, 2023 7:36am Jan 19, 2023 7:36am
Buy Cable
small trade
let's see
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!! Radha Radha !!
  • #721,944
  • Jan 19, 2023 7:37am Jan 19, 2023 7:37am
H4 Chart, pay close attention to these 2 candle formations...
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  • #721,945
  • Jan 19, 2023 7:40am Jan 19, 2023 7:40am
I'm looking for retracement that will confirm weeks of bears at least 23.8 and continue
I'm enjoying the wins because I was once terrified by loses
  • #721,946
  • Jan 19, 2023 7:42am Jan 19, 2023 7:42am
Quoting pipcenturion
{quote} Let's understand that FX transactions are done two days forward. Whatever seems to be moving the market is not anything happening today.
past and recent data move the market

past is easier

present data is harder

you can trade them all but choose the one that make more sense past or present data
MY OPINION NOT FINANCIAL ADVISE
  • #721,947
  • Jan 19, 2023 7:43am Jan 19, 2023 7:43am
Quoting Guy1969
H4 Chart, pay close attention to these 2 candle formations... {image}
The longer the duration of the pullback or the consolidation, the more extented the impulsive move will be!
More time in the market, does not mean you trade better!
  • #721,948
  • Edited 8:01am Jan 19, 2023 7:50am | Edited 8:01am
Ranging market, almost mced from last night open.
Now +$100 locked and some reward from broker
Wondering how can close all remaining position as 7 order big pips
I know this is my shit, but im just post it so i can clear my head
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10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #721,949
  • Jan 19, 2023 7:50am Jan 19, 2023 7:50am
1.23500
GBP still cant break it...
  • #721,950
  • Jan 19, 2023 7:52am Jan 19, 2023 7:52am
Quoting donfriday
{quote} past and recent data move the market past is easier present data is harder you can trade them all but choose the one that make more sense past or present data
Bro, remember when you just started trading FOREX around 2007/8 when we used bank wire to fund accounts?

The deposit usually reflects after 2 days right? That is how FX transactions are logged by the banks.
  • #721,951
  • Jan 19, 2023 7:54am Jan 19, 2023 7:54am
Quoting Fardeen1209
{quote} The longer the duration of the pullback or the consolidation, the more extented the impulsive move will be!
A 240 point stop hunt is pretty extreme!
  • #721,952
  • Jan 19, 2023 7:59am Jan 19, 2023 7:59am
Quoting Ipradzz
1.23500 GBP still cant break it...
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Lou Vincii Code
  • #721,953
  • Jan 19, 2023 8:05am Jan 19, 2023 8:05am
Buy trade opened now just above 1.23500.
Cheers.
Trade to trade another day
  • #721,954
  • Jan 19, 2023 8:09am Jan 19, 2023 8:09am
Quoting pipcenturion
{quote} Sir I dare say that price is nothing without volume. If I sell TESLA shares at $400 and then sold again at $300, what is my average selling price?
Your avg price depends on how much you sold @ 400 and @ 300.

Quantity of what is shown by tick volume in your mt4, please?
Air force
  • #721,955
  • Jan 19, 2023 8:11am Jan 19, 2023 8:11am
Quoting RemyLou
{quote}{image}
Waiting for M30 candle to close above it... And then decide
  • #721,956
  • Jan 19, 2023 8:15am Jan 19, 2023 8:15am
Quoting Wavegarrick
Buy trade opened now just above 1.23500. Cheers.
Why are you buying?
I'm enjoying the wins because I was once terrified by loses
  • #721,957
  • Jan 19, 2023 8:16am Jan 19, 2023 8:16am
Quoting W0lfram
{quote} Your avg price depends on how much you sold @ 400 and @ 300. Quantity of what is shown by tick volume in your mt4, please?
Thanks for the answer sir. Your answer is very correct! The average price will depend on the quantity (volume) I bought at each price level.

This shows very clearly that price is nothing without volume. This is the simple reason almost 90% of traders end with losses because they analyze only price and time.
  • #721,958
  • Jan 19, 2023 8:17am Jan 19, 2023 8:17am
very good news for USD, so why USD isnt pushing up? >.<
  • #721,959
  • Jan 19, 2023 8:22am Jan 19, 2023 8:22am
A support formed at 2312/15.

Since then the price pushing up.

True.

But no big momentum in the PA.

I made my money in this small mobe ( Upmove )

So, I pfer sideline for the moment.
Intraday only.
  • #721,960
  • Jan 19, 2023 8:24am Jan 19, 2023 8:24am
Quoting pipcenturion
{quote} Bro, remember when you just started trading FOREX around 2007/8 when we used bank wire to fund accounts? The deposit usually reflects after 2 days right? That is how FX transactions are logged by the banks.
exactly i am saying but they call is order folow cus different country different time so any large order can affect the market anytime..

safe to use old data
MY OPINION NOT FINANCIAL ADVISE
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