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Cable Update (GBPUSD)

  • #735,021
  • Mar 9, 2023 7:04am Mar 9, 2023 7:04am

took 30 $ profit

thanks to my new exit strategy

now waiitng for the new and i am ready

with the 60 $ system

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yes yes yes
  • #735,022
  • Mar 9, 2023 7:11am Mar 9, 2023 7:11am
Quoting Moty
took 30 $ profit thanks to my new exit strategy now waiitng for the new and i am ready with the 60 $ system {image}
exit is good, entry + exit is better gu is trying above 1888
  • #735,023
  • Mar 9, 2023 7:23am Mar 9, 2023 7:23am
Quoting T721
{quote} Had a little bit of snow this morning but nothing too bad. Think were forecast for heavier snow tonight/tomorrow hope it dont last too long as i got rid of 4X4 last year. Hope your cough gets better quick, i get flu jab every October so if i do get cold its not too bad or lasts very long. Not been anywhere just trading each day doing what i do. Had a good year so far but that can change in a heartbeat as you know. I think what helps me most is essentially im a swing trader so dont mind being upside down a 100pips or so as long as i have...
Hello bro, i wrote to you earlier but you did not see it I guess, so I will write again

Mate, im trying to trade like you, kind of.
I took NZDchf Long, and XRPUSD short yesterday, both lost
Both were at strong zones and started to reject, please help me bro, i have been losing for 5 years, what did i do wrong?
  • #735,024
  • Edited 7:47am Mar 9, 2023 7:36am | Edited 7:47am
Quoting Elysion
There's a spinning top on daily candle closed yesterday. But lacking of bullish momentum to cross 1.186 last night. Dont think Asia is gonna do anything huge, have to wait for FF and LO, but my bias is bearish.
Reminder to myself.
A Daily candle makes significant impact.
Identified a spinning top bar outside of bollinger bands.
Yet I have bearish bias, such a dumb decision
Guess I still lack self confidence.
Can't bring to trust myself nor my system.
Exhausted
  • #735,025
  • Mar 9, 2023 7:39am Mar 9, 2023 7:39am
good bulls

potential another leg
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  • #735,026
  • Mar 9, 2023 7:40am Mar 9, 2023 7:40am
As per my system, the bear move has started, i need the 4hr candle closing in 20 mins to close below 75 for further confirmation and in order to continue selling
  • #735,027
  • Mar 9, 2023 7:42am Mar 9, 2023 7:42am
Quoting dinpappa
{quote} bro im trying to trade like you, kind of. I took NZDchf long and XRPUSD short yesterday, both lost Both were at strong zones and started to reject, please help me bro, i have been losing for 5 years, what did i do wrong?
Maybe an indicator-only approach--no price bars--would work better for you.

You can see 4 TFs represented on a single chart. Easy to see up or down, no?

Clearly, your initial long position was correct, with TFs from at least M15 though H2 in up swings early in the day. If you wanted to be very conservative, you could look at M15 and wait for the H2 line to turn green to look for a buy entry. About 6 hours later, the H1 turned down, a bit before the red vertical. Surely during those 6 hours of going up you could have closed a buy trade in profit. And by the time H1 turned down, exit any open buys.

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To free Gazans of Hamas, use whatever it takes.
  • #735,028
  • Mar 9, 2023 7:43am Mar 9, 2023 7:43am
Quoting OBsayMkMoney
{quote} If you are out of all your trades stay out. Tomorrow is another day, and right now you are LOOKING for something to redeem yourself. When you look for something EVERYTHING you see looks like it might be it (remember as kids when you thought you saw or heard your parent's car). Tomorrow.. attack with fresh eyes, a new cup of coffee, and a new outlook. Either way.. walk away for now. You had your worst day, now you are ready for your best one! GL.
Thanks.

I left a number of buy orders open overnight, and added a couple more this morning. Recouped yesterdays losses and made 530 pips. I did have 1.1927 as a target but thought I'd got enough and after yesterday, I didn't want to risk it turning round on me.

Time to relax.
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  • #735,029
  • Edited 8:05am Mar 9, 2023 7:43am | Edited 8:05am
I know this is late, but as per my analysis + BB
Today is a bullish day with 1.191 - 1.193 likely the daily top.

Daily bar will close inside the bands as bullish candle with a wick above.

Thus my view is that it'll range (going up and down) within 1.184 - 1.19 later on.

Tomorrow's NFP is likely to plunge this into 1.166 area as my system is still showing daily bearish trend.

Just my view. Still need confirmations from H4 bars.
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Exhausted
  • #735,030
  • Mar 9, 2023 7:56am Mar 9, 2023 7:56am
The Fed is intent on more hiking and the US economy is overheated, so naturally the USD is going down. Hopefully you understand fundamentals now. This will continue until enough people are stopped out on their USD long trades.
  • #735,031
  • Mar 9, 2023 8:01am Mar 9, 2023 8:01am
Quoting Moty
took 30 $ profit thanks to my new exit strategy now waiitng for the new and i am ready with the 60 $ system {image}
Not try to sell yet.
Together we can be strongest
Vantage Return This Month: -97.0%
  • #735,032
  • Mar 9, 2023 8:02am Mar 9, 2023 8:02am
Quoting clemmo17
The Fed is intent on more hiking and the US economy is overheated, so naturally the USD is going down. Hopefully you understand fundamentals now. This will continue until enough people are stopped out on their USD long trades.
In the long run yes, USD will melt down. But WHEN is the big question.
Exhausted
  • #735,033
  • Mar 9, 2023 8:08am Mar 9, 2023 8:08am
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Together we can be strongest
Vantage Return This Month: -97.0%
  • #735,034
  • Mar 9, 2023 8:09am Mar 9, 2023 8:09am
Looking to short at 1.191 - 1.192 unless this goes up for another leg to 1.193
Exhausted
  • #735,035
  • Mar 9, 2023 8:09am Mar 9, 2023 8:09am
mission accomplished, h4 red, not sure
  • #735,036
  • Mar 9, 2023 8:09am Mar 9, 2023 8:09am

i am stubborn person

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yes yes yes
  • #735,037
  • Mar 9, 2023 8:10am Mar 9, 2023 8:10am
Quoting clemmo17
The Fed is intent on more hiking and the US economy is overheated, so naturally the USD is going down. Hopefully you understand fundamentals now. This will continue until enough people are stopped out on their USD long trades.
there are no fixed regularities.

i could just as well argue that if interest rates continue to rise, investments in USD will become more attractive again and the dollar will gain in strength;-)
trading is like dancing, don't think and just listen to the music!
  • #735,038
  • Mar 9, 2023 8:15am Mar 9, 2023 8:15am
12006 still showing on my 4H as possible area to short… let’s see if we get there
Insane in the Brain..
  • #735,039
  • Mar 9, 2023 8:15am Mar 9, 2023 8:15am
There's a chance NFP will repeat what just happened with unemployment claims tomorrow and diminish the chances of 50 BP?
I'm enjoying the wins because I was once terrified by loses
  • #735,040
  • Mar 9, 2023 8:21am Mar 9, 2023 8:21am
i am short
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yes yes yes
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