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Cable Update (GBPUSD)

  • #725,261
  • Feb 1, 2023 8:27am Feb 1, 2023 8:27am
Quoting SnailFX
{quote} I think this forum is to blame for more and more people trading GBP/USD hahah. Good community, what can you do..? it doesn't help some of the best traders on forex factory are in a majority hanging here on GBP/USD.
Hi. You are right. like snake charmers
POSTMASTER
  • #725,262
  • Feb 1, 2023 8:28am Feb 1, 2023 8:28am
Quoting Robinhood1
{quote} FF traders don´t get rich. Sorry to disagree. Its more likely to be the other way no matter which pair is traded. Traders who know how to trade can trade any pair. What is surprising to find so many just stuck to cable. Cheers buddy
sorry, but I spoke only about myself and my limited experience
  • #725,263
  • Feb 1, 2023 8:29am Feb 1, 2023 8:29am
Quoting Robinhood1
{quote} FF traders don´t get rich. Sorry to disagree. Its more likely to be the other way no matter which pair is traded. Traders who know how to trade can trade any pair. What is surprising to find so many just stuck to cable. Cheers buddy
exotics has wide spread, cross's are cheap, GU is one of the highest daily volatility in majors
"the public is not yet ready for it" W.D. GANN
  • #725,264
  • Feb 1, 2023 8:30am Feb 1, 2023 8:30am
Quoting Robinhood1
{quote} Next time will not be fooled by AI. I will fool AI.
It could have been trapped in its own trap. Time will tell. There has been a lot of shorting below my orders I knew 1.3287 was bottom since monday early morning
POSTMASTER
  • #725,265
  • Feb 1, 2023 8:31am Feb 1, 2023 8:31am
Have a harmonic pattern bearish in EURGBP - H4.

Attached Image (click to enlarge)
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Together we can be strongest
Vantage Return This Month: -97.0%
  • #725,266
  • Feb 1, 2023 8:32am Feb 1, 2023 8:32am
Quoting Kwt4x
{quote} exotics has wide spread, cross's are cheap, GU is one of the highest daily volatility in majors
There is about 16 pairs with reasonable spreads unless you are scalping tight. I have audnzd at this moment 1 pip spread
POSTMASTER
  • #725,267
  • Feb 1, 2023 8:35am Feb 1, 2023 8:35am
It's okay that GU is extremely negotiable, nothing to object to. It just catches my attention. only disagree as to how you can get rich
POSTMASTER
  • #725,268
  • Feb 1, 2023 8:36am Feb 1, 2023 8:36am
Quoting Kwt4x
{quote} exotics has wide spread, cross's are cheap, GU is one of the highest daily volatility in majors
today, for me, UJ was much better to trade than GU
  • #725,269
  • Feb 1, 2023 8:36am Feb 1, 2023 8:36am
Quoting GODofMC
My mind telling me to buy, but my chart doesn't {image}
Don't buy then.
Exhausted
  • #725,270
  • Feb 1, 2023 8:37am Feb 1, 2023 8:37am
Quoting maxi444
{quote} sorry, but I spoke only about myself and my limited experience
Don´t have to be sorry, just a discusion
POSTMASTER
  • #725,271
  • Feb 1, 2023 8:37am Feb 1, 2023 8:37am
Quoting Yngwie
Long 1.6310 SL 1.6290
This was always bound to happen!
  • #725,272
  • Feb 1, 2023 8:38am Feb 1, 2023 8:38am
Quoting KareemAliFx
{quote} Just now my usdjpy shorts and eurusd buys have benefited from the USD weakness. My point stops there. I never said the charts look exactly the same. All I said was USD strength and weakness will be felt across all pairs that have USD. I didn’t mention the other pair because it was never needed to get my point across. To be quite honest with you dave, I remember you and never liked you. You just don’t understand the big picture and probably never will because of how toxic you are. I also know you are a scammer. You’re just some old virgin...

damn , this was harsh
  • #725,273
  • Feb 1, 2023 8:38am Feb 1, 2023 8:38am
Quoting maxi444
{quote} today, for me, UJ was much better to trade than GU
Many would agree haha..
  • #725,274
  • Feb 1, 2023 8:38am Feb 1, 2023 8:38am
Quoting SnailFX
{quote} I think this forum is to blame for more and more people trading GBP/USD hahah. Good community, what can you do..? It doesn't help some of the best traders on forex factory are in a majority hanging here on GBP/USD. I was thinking about changing the pairs I trade, however the reason why I'm sticking with GBP/USD is because it has USD (currency with the most ammount of news) and it provides necessary volume for good trading and it's more volatile than EUR/USD (not ranging as often as EUR/USD). Lower spread is another thing,...
EURUSD forum is quite active as well.
As for other pairs, sadly it rather dull compared to here.
Plus most of the traders here doesn't trade only GBP/USD.
UJ is quite the common pair here as well. EU/GBP GBP/JPY USD/CAD...
Gold not so much (exotic)
Exhausted
  • #725,275
  • Feb 1, 2023 8:38am Feb 1, 2023 8:38am
Quoting Robinhood1
{quote} There is about 16 pairs with reasonable spreads unless you are scalping tight. I have audnzd at this moment 1 pip spread
audnzd is 6$/pip/lot
gbpusd is 10$/pip/lot
"the public is not yet ready for it" W.D. GANN
  • #725,276
  • Feb 1, 2023 8:39am Feb 1, 2023 8:39am
Quoting Kwt4x
{quote} audnzd is 6$/pip/lot gbpusd is 10$/pip/lot
You can probale open more orders for the same margin. It normaly squares
POSTMASTER
  • #725,277
  • Feb 1, 2023 8:41am Feb 1, 2023 8:41am
Quoting Elysion
{quote} EURUSD forum is quite active as well, as for other pairs. Sadly it rather dull compared to here. Plus most of the traders here doesn't trade only GBP/USD. UJ is quite the common pair here as well. EU/GBP GBP/JPY USD/CAD... Gold not so much (exotic)
That's true. If Ata allowed for other pairs and currencies except EUR/USD Only, they would have much more traders there, but I respect what he's doing. If it's only EUR/USD then it's only EUR/USD..
  • #725,278
  • Feb 1, 2023 8:41am Feb 1, 2023 8:41am
belt seats!

dancing market night!!
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #725,279
  • Feb 1, 2023 8:45am Feb 1, 2023 8:45am
Now, with 2 hours before my blood pressure starts rising, I'll relax, sip myself some juice and light up one for Pat Chiko while he's away. May it bring luck to us all!
  • #725,280
  • Feb 1, 2023 8:46am Feb 1, 2023 8:46am
Closed all my longs. I mean short. Ahem.
Was few pips away from 1.2300 but it's consolidating at 1.2305 - 1.231, and I'm tired of waiting. :/
Exhausted
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