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Cable Update (GBPUSD)

  • #734,821
  • Mar 8, 2023 9:26am Mar 8, 2023 9:26am
Quoting Robinhood1
{quote} Nzdjpy Taking off any moment. Sky rocketing
Stay tuned
POSTMASTER
  • #734,822
  • Mar 8, 2023 9:28am Mar 8, 2023 9:28am
Quoting navk
{quote} If you want to long with risk level 1800, will you not take a trade now with reduced lot size? And then if it drops to your level you can place more buy trades. Just curiosity. And nothing else to do, so asking
Hey man. So where I'm at is I'm pretty accurate with finding precise entries, but not so great at holding to my planned tp level. Prefer to be accurate with low drawdown so I don't get emotionally invested in positions. Dunno, my ability is more on the scalping side so prefer to go in with higher risk and hold for 20-40 pips. Anyways missed my entry eating dinner, so I guess we'll see whats happening tomorrow.
  • #734,823
  • Mar 8, 2023 9:30am Mar 8, 2023 9:30am
Quoting Fardeen1209
GU Many high impact members raised the fact that winter is yet to come Weekly {image} 4hr {image} 38% fib level support become resistance Risk- price may spike up to close half of the imbalance (aiming for Ignored QM becoming a Resistance) during manipulative phase then down continued. High Probability for Imbalance to not fill fully due to NFP around the corner, and very often when we have 2,3 red news in the same week, the imbalance remains there to be filled later but not now.
i agree. i see no need to buy above 1620
trading is like dancing, don't think and just listen to the music!
  • #734,824
  • Mar 8, 2023 9:31am Mar 8, 2023 9:31am
Quoting mysterio
{quote} Hey man. So where I'm at is I'm pretty accurate with finding precise entries, but not so great at holding to my planned tp level. Prefer to be accurate with low drawdown so I don't get emotionally invested in positions. Dunno, my ability is more on the scalping side so prefer to go in with higher risk and hold for 20-40 pips. Anyways missed my entry eating dinner, so I guess we'll see whats happening tomorrow.
Same, I never liked holding positions because it gets my emotions invested.
I rather tp when it looks good than having it reverse on me, causing me to regret and revenge trade.
Been trying to hold positions a few times and frankly speaking most of them dont end up well
Exhausted
  • #734,825
  • Mar 8, 2023 9:32am Mar 8, 2023 9:32am
GU: H4
May be another Drop is waiting for us.
H4.........1.1850 turn into a SBR Zone.
May be I am wrong.
Attached Image (click to enlarge)
Click to Enlarge Name: Gu_H4.png Size: 38 KB
Intraday Trading is an Art _ hoda
  • #734,826
  • Mar 8, 2023 9:35am Mar 8, 2023 9:35am
Quoting Elysion
{quote} Ahh my bad, trading on mobile so it looks kinda crappy. {image}
why not from yesterday high.

anyway im using fib just to know where is the 50%
price shouldn’t hit the exact levels and change direction.. if so we all be riches
  • #734,827
  • Mar 8, 2023 9:35am Mar 8, 2023 9:35am
Planning to close all positions soon, this is going no where.
Exhausted
  • #734,828
  • Mar 8, 2023 9:36am Mar 8, 2023 9:36am
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 19 KB
yes yes yes
  • #734,829
  • Mar 8, 2023 9:37am Mar 8, 2023 9:37am
Quoting Whale
{quote} why not from yesterday high. anyway im using fib just to know where is to 50% price shouldn’t hit the exact levels and change direction.. if so we all be riches
In fact, it should be drawn from yesterday high, but it's still roughly in the 1.19x area.

Yeah, I rarely use fibo for actual retracements level.
Just kinda use it to gauge if this is going to continue with the trend or reverse.
Exhausted
  • #734,830
  • Mar 8, 2023 9:38am Mar 8, 2023 9:38am
Quoting Moty
{image}
Copy trade Moty.
Exhausted
  • #734,831
  • Mar 8, 2023 9:41am Mar 8, 2023 9:41am
Quoting hoda
GU: H4 May be another Drop is waiting for us. H4.........1.1850 turn into a SBR Zone. May be I am wrong. {image}
Could be. Waiting for a retest and rejection from that place for confirmation
Exhausted
  • #734,832
  • Mar 8, 2023 9:41am Mar 8, 2023 9:41am
Quoting fxmasterdxb
{quote} sell limits is changed to 1.1865 and 1.1895
seems like my limit sells will not be triggered, i opened a sell @ 1.1846, will add more depending this 30 mins close
  • #734,833
  • Mar 8, 2023 9:45am Mar 8, 2023 9:45am
Quoting Elysion
{quote} In fact, it should be drawn from yesterday high, but it's still roughly in the 1.19x area. Yeah, I rarely use fibo for actual retracements level. Just kinda use it to gauge if this is going to continue with the trend or reverse.
This is not the low… temporary one.
  • #734,834
  • Mar 8, 2023 9:54am Mar 8, 2023 9:54am
Quoting Whale
{quote} This is not the low… temporary one.
Of course, I'm expecting another drop to 1.6 area but I kinda wanna see a good upwards push before the drop.
Exhausted
  • #734,835
  • Mar 8, 2023 9:56am Mar 8, 2023 9:56am
Quoting Whale
I’m scalping long again For 30p {image}
out BE..
  • #734,836
  • Mar 8, 2023 9:57am Mar 8, 2023 9:57am
This is a first for me. I have never been this successful with quick scalping. Using the RSI (7 and 14) as well as a lwma of 8 on the RSI curve. Enter when the RSI crosses the MA and typically exit when the RSI's reverse. Typically 2-8 pips per cycle. Thank you Mr. Moti!
  • #734,837
  • Mar 8, 2023 10:10am Mar 8, 2023 10:10am
Finally. Trigger has been pulled.
Exhausted
  • #734,838
  • Mar 8, 2023 10:19am Mar 8, 2023 10:19am
Quoting dantpm
This is a first for me. I have never been this successful with quick scalping. Using the RSI (7 and 14) as well as a lwma of 8 on the RSI curve. Enter when the RSI crosses the MA and typically exit when the RSI's reverse. Typically 2-8 pips per cycle. Thank you Mr. Moti!
this is not trading.. maybe gaming.

how do you control risk when your potential tp is 2 pips?!
  • #734,839
  • Mar 8, 2023 10:20am Mar 8, 2023 10:20am
Quoting Whale
{quote} This is not the low… temporary one.
Then in that case I go for Short N3.

Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: gu 118.jpg Size: 66 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #734,840
  • Mar 8, 2023 10:21am Mar 8, 2023 10:21am
Quoting Whale
{quote} this is not trading.. maybe gaming. how do you control risk when your potential tp is 2 pips?!
Okay, it is still 20 pips in an hour and half. Using the ghost ea sl and tp I start with a 5 pip sl and 10 pip tp. Once the trade turns 3 pips profitable I move the sl to to -2 pips and let it run or until the RSI reverses.
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