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Cable Update (GBPUSD)

  • #726,901
  • Feb 7, 2023 10:50am Feb 7, 2023 10:50am
Quoting Ferna
{quote} hey are you the guy who created wolfram alpha?
noway
Air force
  • #726,902
  • Edited 11:11am Feb 7, 2023 10:51am | Edited 11:11am
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Jerome speaks at 12:40 . . . Market bottomed out 4 hours earlier . . . .

  • #726,903
  • Feb 7, 2023 10:54am Feb 7, 2023 10:54am
Quoting KareemAliFx
{quote} pleasure to speak to you again mr pat , we are learning from each other, you my friend are an incredible trader and a valued member to this thread ! Cheers !
Hello Kareem,

I do appreciate your post.
It for me showed me a window to the perspective of your section of the Forex consumer/trader base.
It is valuable to me (and us).

You post stirs people up and makes them think.
You even spawned a new idea for me that became a new ways of looking into trade opportunity.

I say welcome back and keep posting !
Just maybe consider your approach to sharing your perspective.
Not because I say so, but because it might help you enjoy this whole experience more and allow us to continue to share your experience and perspective.

Peace and Best Wishes...

Pat CHIKO
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #726,904
  • Feb 7, 2023 10:58am Feb 7, 2023 10:58am
New low by inch and than the sky? And the the bottom?
  • #726,905
  • Feb 7, 2023 10:58am Feb 7, 2023 10:58am
Quoting W0lfram
{quote} noway
https://www.wolframalpha.com/example.../graph-theory/
in wondering about yourself, you forgot what you came here to be part of
  • #726,906
  • Feb 7, 2023 10:59am Feb 7, 2023 10:59am
Quoting Ferna
{quote} i`m just a new retail trader so i might be blasphemous. what i learn is from investopedia: https://www.investopedia.com/ask/ans...g-strategy.asp ” Strategy One A forex trader can create a “hedge” to fully protect an existing position from an undesirable move in the currency pair by holding both a short and a long position simultaneously on the same currency pair. This version of a hedging strategy is referred to as a “perfect hedge”...
You are perfectly correct,
I Like to create a hedge trade or locked in trade, when there is a stutter in the market. I hold such trade until direction becomes more clear. This helps me not to trade on emotions. What we see today as confusion, will become crystal clear next week. The nature of trading. This applies more particularly to long term trading when a stutter can lead to a bigger move in the longer term. Some traders also look at this as a method to compound positions to get out of their losing positions quick and efficiently when direction becomes clear. All part of money management, which is so crucial for every trader.
Cheers.
Trade to trade another day
  • #726,907
  • Feb 7, 2023 11:07am Feb 7, 2023 11:07am
Quoting eyefeelsix
keep on eyes {image}
set forget and sleep
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https://breakpullback.com
  • #726,908
  • Feb 7, 2023 11:09am Feb 7, 2023 11:09am
For whatever "hawkish" shit Fed Chair Powell want to speaks...... please....please....
Wait for the liquidity to be taken before taking any action.

If you don't, you may become the liquidity yourself and run the risk of being taken out.
Be patient, identify the liquidity levels, and wait for a reaction from these levels.
This is crucial in trading..
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #726,909
  • Feb 7, 2023 11:09am Feb 7, 2023 11:09am
Quoting Pat Chiko
{quote} Hello Kareem, I do appreciate your post. It for me showed me a window to the perspective of your section of the Forex consumer/trader base. It is valuable to me (and us). You post stirs people up and makes them think. You even spawned a new idea for me that became a new ways of looking into trade opportunity. I say welcome back and keep posting ! Just maybe consider your approach to sharing your perspective. Not because I say so, but because it might help you enjoy this whole experience more and allow us to continue to share your experience...
I am very sorry to you and to all. I am not a good person deep down because of my past and I strive to be better. But I am always trying to be respectful towards others as best as possible but sometimes my anger gets the best of me. I forget that this is online, I should never take it seriously. I will going forward keep it completely respectful and keep things clean and focused on trading. I’m not active here because of my disagreements with others but I realize I should be more open and appreciate disagreements. Again, I am sorry for the past, I would like to keep things clean and focus on helping everyone here make pips ! Cheers
Master your mind. Master Trading.
  • #726,910
  • Feb 7, 2023 11:11am Feb 7, 2023 11:11am
Quoting KareemAliFx
Shorts are tasty! Mr Fed Powell is speaking soon, will he deliver hawkish remarks towards the strong Friday jobs data !?
As per previous observations...other than interest rate decision meeting...Fed chair person Powell's speech has little affect on price.
Let's see what happens...today
Regards
  • #726,911
  • Feb 7, 2023 11:13am Feb 7, 2023 11:13am
Quoting KareemAliFx
{quote} I am very sorry to you and to all. I am not a good person deep down because of my past and I strive to be better. But I am always trying to be respectful towards others as best as possible but sometimes my anger gets the best of me. I forget that this is online, I should never take it seriously. I will going forward keep it completely respectful and keep things clean and focused on trading. I’m not active here because of my disagreements with others but I realize I should be more open and appreciate disagreements. Again, I am sorry for the...
No worries Bro. I does it many times........did some cranky shit too....

The thing that turned any post ugly for you was that in some of your posts and others posts too, it some how got personal.
People were berated and their credibility questioned merely because they didn't agree.

If everyone in agrement here ,it won't be any issue.

Take care

PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #726,912
  • Feb 7, 2023 11:17am Feb 7, 2023 11:17am
Quoting Pat Chiko
For whatever "hawkish" shit Fed Chair Powell want to speaks...... please....please.... Wait for the liquidity to be taken before taking any action. If you don't, you may become the liquidity yourself and run the risk of being taken out. Be patient, identify the liquidity levels, and wait for a reaction from these levels. This is crucial in trading..
give us the liquidity levels.. we dont know what is it liq
  • #726,913
  • Feb 7, 2023 11:17am Feb 7, 2023 11:17am
Quoting Indigo45
{quote} As per previous observations...other than interest rate decision meeting...Fed chair person Powell's speech has little affect on price. Let's see what happens...today Regards
Yup but in case should be careful of any hawkish commentary which personally for me would be nice since I’m dollar bullish. Honestly could surprise us with a dovish tone that little bastard but highly unlikely. I expect something hawkish to neutral, otherwise USD buys are brilliant right now
Master your mind. Master Trading.
  • #726,914
  • Feb 7, 2023 11:26am Feb 7, 2023 11:26am
Quoting SnailFX
My sleep has cost me pips today.. I will never sleep anymore.. Sleeping is overated..
Really envy you, such a trader who can sleep easily.
I've hard time to sleep every night.
Seriously in pain whenever I go to sleep after trading.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #726,915
  • Feb 7, 2023 11:27am Feb 7, 2023 11:27am
Quoting Pat Chiko
For whatever "hawkish" shit Fed Chair Powell want to speaks...... please....please.... Wait for the liquidity to be taken before taking any action. If you don't, you may become the liquidity yourself and run the risk of being taken out. Be patient, identify the liquidity levels, and wait for a reaction from these levels. This is crucial in trading..
?
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  • #726,916
  • Feb 7, 2023 11:27am Feb 7, 2023 11:27am
Quoting KareemAliFx
{quote} I am very sorry to you and to all. I am not a good person deep down because of my past and I strive to be better. But I am always trying to be respectful towards others as best as possible but sometimes my anger gets the best of me. I forget that this is online, I should never take it seriously. I will going forward keep it completely respectful and keep things clean and focused on trading. I’m not active here because of my disagreements with others but I realize I should be more open and appreciate disagreements. Again, I am sorry for the...
Looking for your posts here...!
We're a community here, so, it is common to get anger and disagree with someone. So, don't think that you are a not a good man. Everyone has goodness in it by default. Don't over think on that and keep your mind clean.
Cheers and enjoy
Ahmad Hassan
  • #726,917
  • Feb 7, 2023 11:29am Feb 7, 2023 11:29am
Quoting Whale
{quote} give us the liquidity levels.. we dont know what is it liq
I'm shorting GU.
It may spike up if Jay sneeze, but we are in the zone s previously marked up chart.
(see my prior post)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #726,918
  • Feb 7, 2023 11:29am Feb 7, 2023 11:29am
There's also state of union address at 21:00 US, Biden will deliver this statement, my focus will be on dept ceiling
I'm enjoying the wins because I was once terrified by loses
  • #726,919
  • Feb 7, 2023 11:30am Feb 7, 2023 11:30am
Quoting Pat Chiko
{quote} Really envy you, such a trader who can sleep easily. I've hard time to sleep every night. Seriously in pain whenever I go to sleep after trading.
i know this too. insomnia is a trader's disease. i have heard this from day&swingtraders several times now.
trading is like dancing, don't think and just listen to the music!
  • #726,920
  • Feb 7, 2023 11:31am Feb 7, 2023 11:31am
Alright, Long as promised.
1.20047 SL 20 Pips

GBP/USD 15M
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