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Cable Update (GBPUSD)

  • #731,961
  • Feb 24, 2023 10:00am Feb 24, 2023 10:00am
Quoting BeeTogether
{quote} today is done, not much time to make any significant move up. From an elasticity perspective the drop wasn’t too bad so the up move if any should be staggered. Today it’s struggled to get anything from bullish angle. The bears are in full control however as the data sets were good I am surprised that the drop wasn’t deeper this leads me to believe that bearish mood is looking a bit exhausted
There are Friday's where the MM's move the price all the way to 5 pm EST and other Fridays where it is dead at noon!
Today's activity appears to be directly and inversely related to posts on the forum about going long!
  • #731,962
  • Edited 8:53pm Feb 24, 2023 10:02am | Edited 8:53pm
Quoting BeeTogether
{quote} today is done, not much time to make any significant move up. From an elasticity perspective the drop wasn’t too bad so the up move if any should be staggered. Today it’s struggled to get anything from bullish angle. The bears are in full control however as the data sets were good I am surprised that the drop wasn’t deeper this leads me to believe that bearish mood is looking a bit exhausted
I disagree to this statement, how much do you expect it to drop?

Too much drop leads to higher volatility, which disrupts liquidity. Means no one can't even get in or get out from the market at the fair price. This but a healthy slowdown, scalper getting out from the market.
  • #731,963
  • Feb 24, 2023 10:27am Feb 24, 2023 10:27am
Quoting IPMan
{quote} today is done, not much time to make any significant move up. From an elasticity perspective the drop wasn’t too bad so the up move if any should be staggered. Today it’s struggled to get anything from bullish angle. The bears are in full control however as the data sets were good I am surprised that the drop wasn’t deeper this leads me to believe that bearish mood is looking a bit exhausted I disagree to this statement, how much do you expect it to drop? Too much drop leads to higher volatility, which disrupts liquidity. Means no one can't...
OK. you are fit to work in a central bank!
  • #731,964
  • Feb 24, 2023 10:32am Feb 24, 2023 10:32am
Quoting DrDave
{quote} I see CHF as quite weak. Look at EURCHF, USDCHF, and USDX on M5.
YES..
My telegram: https://t.me/avidforex
  • #731,965
  • Feb 24, 2023 10:42am Feb 24, 2023 10:42am
Long 1.194 for LC

not easy setup. 99.9% new low.. im the 0.01%
  • #731,966
  • Edited 11:56am Feb 24, 2023 10:54am | Edited 11:56am
Can we get 10 pips everyday from GU with low or zero drawdown. I think it's possible
  • #731,967
  • Feb 24, 2023 10:59am Feb 24, 2023 10:59am
Quoting AlfieSolomon
Can we get 10 pips everyday form GU with low or zero drawdown. I think it's possible
No, it's not that simple. If everyone is able to do it, the market's personality will change and everyone will be paying back with their earlier profits.
  • #731,968
  • Feb 24, 2023 11:03am Feb 24, 2023 11:03am
price is showing sign of reversal on the 45min and i am short.. I want the reversal on the next demand zone...
My telegram: https://t.me/avidforex
  • #731,969
  • Feb 24, 2023 11:14am Feb 24, 2023 11:14am
Quoting BigNumbers
price is showing sign of reversal on the 45min and i am short.. I want the reversal on the next demand zone...
What is the next demand zone?

im waiting for more 28 pips, so wait for me to finish pls.
  • #731,970
  • Feb 24, 2023 11:19am Feb 24, 2023 11:19am
Quoting Whale
{quote} What is the next demand zone? im waiting for more 28 pips, so wait for me to finish pls.
mm.. failed

out +8
  • #731,971
  • Feb 24, 2023 11:20am Feb 24, 2023 11:20am
Quoting IPMan
{quote} Why don't you wait for daily to close then speculate?
Lol @ when to speculate. A guess is a guess. It all depends on what your trigger is. no?
Don't compare your trades to others. Most often the masses are the asses
  • #731,972
  • Feb 24, 2023 11:21am Feb 24, 2023 11:21am
Quoting AlfieSolomon
Can we get 10 pips everyday form GU with low or zero drawdown. I think it's possible
wouldn't say zero but if trade tiny lots, hedge and average your trades out then an average of 10 pips a day very possible
  • #731,973
  • Feb 24, 2023 11:22am Feb 24, 2023 11:22am
Weekend is calling.

bye all .

i have 0 clue about next week
  • #731,974
  • Feb 24, 2023 11:24am Feb 24, 2023 11:24am
Quoting Whale
{quote} mm.. failed out +8
not yet...
Attached Image (click to enlarge)
Click to Enlarge Name: GU 02.24 3M.png Size: 41 KB
Always trade your own plan...I don't provide trading signals.
  • #731,975
  • Feb 24, 2023 11:25am Feb 24, 2023 11:25am
Quoting Waveskierrob
{quote} wouldn't say zero but if trade tiny lots, hedge and average your trades out then an average of 10 pips a day very possible
When you trade your tiny lots, on average how many trades do you keep open at a time?
  • #731,976
  • Feb 24, 2023 11:25am Feb 24, 2023 11:25am
Quoting Coreg2004
{quote} not yet... {image}
already out

Can you give me a bigger tf for planning next week?

i will be greatful
  • #731,977
  • Feb 24, 2023 11:28am Feb 24, 2023 11:28am
Quoting Waveskierrob
{quote} wouldn't say zero but if trade tiny lots, hedge and average your trades out then an average of 10 pips a day very possible
This week I got 10 pips with less drawdown like 3 pips everyday ,I'm looking to continue and more focus next week
  • #731,978
  • Feb 24, 2023 11:31am Feb 24, 2023 11:31am
Quoting dantpm
{quote} When you trade your tiny lots, on average how many trades do you keep open at a time?
...at the moment 36 but have been over 100
  • #731,979
  • Edited 11:42am Feb 24, 2023 11:32am | Edited 11:42am
Quoting Whale
{quote} already out Can you give me a bigger tf for planning next week? i will be greatful
I gave you at the morning...
Attached Image (click to enlarge)
Click to Enlarge Name: GU 02.24 30Mb.png Size: 48 KB
Edit:

Whale, we have a mess...Hard to predict with the swings of 100-120 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: GU 02.24 4H.png Size: 44 KB
Attached Image (click to enlarge)
Click to Enlarge Name: DX 02.24 4H.png Size: 44 KB
Always trade your own plan...I don't provide trading signals.
  • #731,980
  • Feb 24, 2023 11:34am Feb 24, 2023 11:34am
Quoting AlfieSolomon
Can we get 10 pips everyday form GU with low or zero drawdown. I think it's possible
How are you defining low drawdown?
To free Gazans of Hamas, use whatever it takes.
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