Cable Update (GBPUSD)

Quoting Pat Chiko

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{quote} That's the beauty of trading........ After some time, I tend to prefer reading from people who are articulate and can express their thoughts effectively, particularly with regard to foresight and real-time information. Hindsight post or information is useless to me. For me, trading is a logical activity, not a religion. I consider myself a very lazy trader and do not want to waste time sifting through thousands of pages to find one or two useful ideas that have likely already been discussed. The difference between following the ideas of...

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Quoting dantpm

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That was a wicked spike!

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Quoting donfriday

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{quote} yeah friday trading is hard ...i often lose money {image}

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Quoting dempire1

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{quote} ooh I wish. My IQ is very very very low

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Quoting Moty

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Took long In worst case scenario, it will drop tomorrow morning to 1.19600 area and i will add more {image} {image}

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Quoting Moty

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Took long In worst case scenario, it will drop tomorrow morning to 1.19600 area and i will add more {image} {image}

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Quoting Tronis

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{quote} I believe you are a great trader but today's posts from you looks kind of strange to me. Such as those in the attachments: UJ pure hindsight and also others from today. Looks like you had a lot of trades today but you have chosen to show only latest closed which were in profit. I'm not judging if people post in hindsight or not as this is public forum but you talk here a lot about it. What happened? Also scroll down a bit and show those other closed trades as well. Don't get me wrong but I was analysing your trading style as I was curious...

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Quoting SnailFX

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{quote} This is second Fed member mentioning 50bps.. Fundamentally USD should go up.. It may break this Support now.. we'll see.. FOMC Meeting is getting close and all I'm hearing is the Hawk. I have a feeling Fed is fed up.

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Quoting dantpm

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{quote} The only reason for the USD to go up is if everyone else just doesn't simply copy the US. So far that isn't the case.

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Quoting Tronis

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{quote} I believe you are a great trader but today's posts from you looks kind of strange to me. Such as those in the attachments: UJ pure hindsight and also others from today. Looks like you had a lot of trades today but you have chosen to show only latest closed which were in profit. I'm not judging if people post in hindsight or not as this is public forum but you talk here a lot about it. What happened? Also scroll down a bit and show those other closed trades as well. Don't get me wrong but I was analysing your trading style as I was curious...

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Quoting dempire1

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{quote} He is shorting UJ but bought EU and GU. What are you saying?

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Quoting Moty

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Took long In worst case scenario, it will drop tomorrow morning to 1.19600 area and i will add more {image} {image}

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Quoting SnailFX

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So, I took a span of 20 days and put H1 TF. Then, for each pair I counted how many times did H1 confirm Long and Short combined. Theory would be, less confirmations, better the currency pair is suited for H1 TF. I'll probably do this with other TF's and when I get time will probably go through all 2023 to get a better sample. Anyway, results: EUR/GPB - 18 EUR/AUD - 19 EUR/NZD - 19 EUR/USD - 16 EUR/CAD - 13 EUR/CHF - 19 EUR/JPY - 21 GBP/AUD - 12 GBP/NZD - 19 GBP/USD - 16 GBP/CAD - 13 GBP/CHF - 16 GBP/JPY - 17 AUD/NZD - 13 AUD/USD - 12 AUD/CAD - 13...

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