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Cable Update (GBPUSD)

  • #729,401
  • Feb 16, 2023 5:23am Feb 16, 2023 5:23am
Quoting dantpm
{quote} Funny how that works, I have a wife as well who keeps on reminding me of various shortcomings as well.
It's funny and ironic that they spend all these years trying to change us and then have the cheek to say 'you're not the man I married.' Lol.
Trader with an Edge.
  • #729,402
  • Feb 16, 2023 5:26am Feb 16, 2023 5:26am
Quoting Headland
{quote} It's all personal preference and playing to your own strengths. You have to recognise what type of person you are and build your trading around that. So as my wife never tires of telling me, I have no patience, nil, zero, niet, nada! So for me I want to do 4hrs a day (average) and I prefer instant gratification, (!,) so the smaller t/f's scalping suit my personality traits. I do use 1hr/4hr/dly for potential supp/res zones and tyrend/range analysis, and try to enter on the smallest t/f that sets up. Obviously, in a dly or wkly pot supp/res/sbr/rbs...
What would you see as a reasonable pullback for an entry into this trade and why?
  • #729,403
  • Feb 16, 2023 5:27am Feb 16, 2023 5:27am
Quoting SnailFX
I trust my H4 more than those lower TF's. Just my thing.. Dr.Dave: "Snail, all of the time frames matter" I know Dave.. haha , but.. I like H4. I said this to Pat way back that H4 is an anomaly.
TFM

try 216
POSTMASTER
  • #729,404
  • Feb 16, 2023 5:27am Feb 16, 2023 5:27am
Quoting SnailFX
{quote} Finally for Christ's sake.. They need 3 hours to get that price moving. I'll start trading Monthly, tired of watching these 15M candles and waiting for action.
Patience my friend Patience
  • #729,405
  • Feb 16, 2023 5:28am Feb 16, 2023 5:28am
Quoting Headland
{quote} It's funny and ironic that they spend all these years trying to change us and then have the cheek to say 'you're not the man I married.' Lol.
Better stay single. free
POSTMASTER
  • #729,406
  • Feb 16, 2023 5:30am Feb 16, 2023 5:30am
Quoting genadi
{quote} I am with you
enjoy the roller coaster !
  • #729,407
  • Feb 16, 2023 5:30am Feb 16, 2023 5:30am
Quoting dantpm
{quote} What would you see as a reasonable pullback for an entry into this trade and why?
Well, there is no trend on 5min (rangy,) and even on 30min/1hr there is perhaps an uptrend (but 1hr looks more like a bear flag,) and it is in the context of the current 4hr ranginess and a big bearish dly candle y/day. So a pullback for me only gets traded in a next higher t/f (+) trend when other conditions are met too. So in this case it is difficult to determine, but if you are going to say 1hr is in an uptrend then a pullback to a pot rbs zone on a t/f below it would be preferable for me.
Trader with an Edge.
  • #729,408
  • Feb 16, 2023 5:33am Feb 16, 2023 5:33am
Long tp 1.21
  • #729,409
  • Feb 16, 2023 5:38am Feb 16, 2023 5:38am
Quoting dantpm
{quote} Funny how that works, I have a wife as well who keeps on reminding me of various shortcomings as well.
That pretty much sums up trading, I'll take the trade, and deal with the shortcomings (win or loss) later .
  • #729,410
  • Edited 5:51am Feb 16, 2023 5:40am | Edited 5:51am
Quoting Robinhood1
{quote} Hi buddy. Its pulling back on its way down. Mayor pullback will take us to around 0.8930. Cheers
eurgbp
0.8965 after making new low. 0.8941 (edited)
POSTMASTER
  • #729,411
  • Feb 16, 2023 5:40am Feb 16, 2023 5:40am
Quoting Houtbay
Long tp 1.21
121 seems to be hiding today. We need a break over 12060-70 which seems to be key area of rejection this morning.
Insane in the Brain..
  • #729,412
  • Feb 16, 2023 5:43am Feb 16, 2023 5:43am
I would prefer longs, and if I see a chance, I'll try some...
Attached Image (click to enlarge)
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Reinforce it
  • #729,413
  • Feb 16, 2023 5:46am Feb 16, 2023 5:46am
Quoting BeeTogether
{quote} 121 seems to be hiding today. We need a break over 12060-70 which seems to be key area of rejection this morning.
Do not worry, it is coming. ( To me of course )
Intraday only.
  • #729,414
  • Feb 16, 2023 5:47am Feb 16, 2023 5:47am
yesterday London high is what im waiting to renew short
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  • #729,415
  • Feb 16, 2023 5:53am Feb 16, 2023 5:53am
Quoting palpite
buy - 1.2016 stop loss - 1.1980

trade closed - 1.2053
Together we can be strongest
Vantage Return This Month: na
  • #729,416
  • Feb 16, 2023 5:54am Feb 16, 2023 5:54am
1:30hs for the red news of USD.

Attached Image
Together we can be strongest
Vantage Return This Month: na
  • #729,417
  • Feb 16, 2023 5:58am Feb 16, 2023 5:58am
NZDUSD SHORT. I’m yet to recover from the cpi.
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My telegram: https://t.me/avidforex
  • #729,418
  • Feb 16, 2023 6:02am Feb 16, 2023 6:02am
USDJPY
Short waiting price on DP Level
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  • #729,419
  • Feb 16, 2023 6:06am Feb 16, 2023 6:06am
now it's boring
10 pips range for the last hour
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yes yes yes
  • #729,420
  • Feb 16, 2023 6:09am Feb 16, 2023 6:09am
i am short again
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yes yes yes
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