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Cable Update (GBPUSD)

  • #735,421
  • Mar 10, 2023 8:30am Mar 10, 2023 8:30am
no more trading for the day...
late fridays are statistically very dangerious for me.
happy weekend to all.
  • #735,422
  • Mar 10, 2023 8:30am Mar 10, 2023 8:30am
Quoting JereMi256
{quote} Limit filled. Second limit @1.2049
Second limit filled!
Face 'ur fears & tame 'ur greed
  • #735,423
  • Mar 10, 2023 8:30am Mar 10, 2023 8:30am
added short@2050
trading is like dancing, don't think and just listen to the music!
  • #735,424
  • Mar 10, 2023 8:33am Mar 10, 2023 8:33am
This is hourly chart.

Hourly trend is still long.

Scalp short is fine.

If some one wants to short for 100 pips, this is not the place.

Having said, look at the entry whish came yesterday/Day before yesterday.

Hourly/ 4 hr support the first day.

Next day ( yesterday ) daily support
+
The momentum on a green hourly candle.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2023-03-10 195842.png Size: 11 KB
Intraday only.
  • #735,425
  • Mar 10, 2023 8:34am Mar 10, 2023 8:34am
Added sell at 12048.5
Insane in the Brain..
  • #735,426
  • Mar 10, 2023 8:34am Mar 10, 2023 8:34am

!!!come on

Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 12 KB
yes yes yes
  • #735,427
  • Mar 10, 2023 8:38am Mar 10, 2023 8:38am
Im done... $2k loss, now i go to my Dr. for antidepressants

See you maybe next week
  • #735,428
  • Mar 10, 2023 8:39am Mar 10, 2023 8:39am
It's like the money has all been moved to GBPUSD because EURUSD is not even reacting this much. Another TP banked at 2050. Let me try a blind short here at 2053 for 20 pips. I shouldn't be doing this because there is no reason to go short, not even for a scalp.

Edit: DR3 sits at 2071 and it has been hit. Maybe the beast will cool down now.
  • #735,429
  • Mar 10, 2023 8:39am Mar 10, 2023 8:39am
Quoting dempire1
To me it seems like the price wants to reach higher to QM zone or take it out. I would prefer to wipe QM out then sell. Actually there is hidden QM on Daily also. From that I would sell also if PA shows me to do it. {image} {image}
Took it out but there is nothing bearish at this point.
How to succeed in zero sum game?
  • #735,430
  • Edited 8:55am Mar 10, 2023 8:40am | Edited 8:55am
Quoting Alevsky017
Im done... $2k loss, now i go to my Dr. for antidepressants See you maybe next week
I hope you are joking, mate. But if you aren't I sncerely wish you the best. I I hope with all my heart that you get back on your feet stronger and wealthier.
  • #735,431
  • Mar 10, 2023 8:40am Mar 10, 2023 8:40am
Quoting Mitiblotch
It's like the money has all been moved to GBPUSD because EURUSD is not even reacting this much. Another TP banked at 2050. Let me try a blind short here at 2053 for 20 pips. I shouldn't be doing this because there is no reason to go short, not even for a scalp.
To take a scalp short, I look for hourly resistance atleast
Intraday only.
  • #735,432
  • Mar 10, 2023 8:40am Mar 10, 2023 8:40am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 54 KB
  • #735,433
  • Mar 10, 2023 8:44am Mar 10, 2023 8:44am
Quoting JereMi256
{quote} Second limit filled!
Closed all -47pips
Done for the week, wins & losses are part of the journey!

We try again next week, happy weekend,
+256
Face 'ur fears & tame 'ur greed
  • #735,434
  • Mar 10, 2023 8:44am Mar 10, 2023 8:44am
To all my friends here :

Never, ever take a position without a reason.

If scalping trade, hourly support/resistance is needed.

If 100 pips trade, 60min/240 min.1440 min sup/resistance is needed + momentum on your side.

Is is disgusting to read some one saying, going to Doctor after loss of personal money
Intraday only.
  • #735,435
  • Mar 10, 2023 8:49am Mar 10, 2023 8:49am
TP set to 120. Can’t see a drop below today. It I s Friday after all
Insane in the Brain..
  • #735,436
  • Mar 10, 2023 8:53am Mar 10, 2023 8:53am
Stop loss of 40 pips at 1.2065 hit again... Total of 120 pips lost this week... Weird but it happens. Well done cable... I will resume my hedging for you next week.
Data + Stat + Risk/Emotions Management
  • #735,437
  • Mar 10, 2023 8:53am Mar 10, 2023 8:53am
Quoting Mitiblotch
{quote} I hope you are joking, mate. But if you aren't I si create wish you the best. I I hope with zll my heart that you get back on your feet stronger and wealthier.
no im not, i lost a lot today and ofc thats not nice ^^
Im not happy but i have a strong mindset so i will come back stronger next week <3

Thanks mate, i wish you also the best!!!

best greetings
Andy
  • #735,438
  • Mar 10, 2023 8:57am Mar 10, 2023 8:57am
GU sell limit @ 1.2144
1H TF
Lou Vincii Code
  • #735,439
  • Mar 10, 2023 8:58am Mar 10, 2023 8:58am
Quoting Whale
{quote} i can borrow you mine.. What you need it for, dirty thing or the regular?
  • #735,440
  • Mar 10, 2023 8:59am Mar 10, 2023 8:59am
Quoting Alevsky017
{quote} no im not, i lost a lot today and ofc thats not nice ^^ Im not happy but i have a strong mindset so i will come back stronger next week <3 Thanks mate, i wish you also the best!!! best greetings Andy
https://www.forexfactory.com/thread/...-pivot-trading

Educate yourself. Use this thread and combine it with supply and demand. Do not listen to anyone else (listen to those who make money with proof). Whatever you have learned so far deleted it from your brains.

Good luck and hopefully you will come out stronger!
How to succeed in zero sum game?
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