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Cable Update (GBPUSD)

  • #738,821
  • Mar 31, 2023 3:50pm Mar 31, 2023 3:50pm
Next week hopefully 122 on a serious note 123 will be a test first .. a break below will be opens up various possibilities.

the flip is a chance for a shot to the moon, ideally 122 to 125 but as we all know its never that easy. Nearly 1am here in Dubai time to crash out
Insane in the Brain..
  • #738,822
  • Mar 31, 2023 4:26pm Mar 31, 2023 4:26pm
Quoting BeeTogether
Next week hopefully 122 on a serious note 123 will be a test first .. a break below will be opens up various possibilities. the flip is a chance for a shot to the moon, ideally 122 to 125 but as we all know its never that easy. Nearly 1am here in Dubai time to crash out
Dubai on holiday? Enjoy.
I thought you from UK.
  • #738,823
  • Mar 31, 2023 4:40pm Mar 31, 2023 4:40pm
Looks like a decent spot above to look out for bearish signs
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Compulsions can be hard to resist
  • #738,824
  • Mar 31, 2023 4:42pm Mar 31, 2023 4:42pm
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yes yes yes
  • #738,825
  • Mar 31, 2023 5:34pm Mar 31, 2023 5:34pm
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Two trades from earlier today
be a thinker before being a reacter
  • #738,826
  • Mar 31, 2023 6:01pm Mar 31, 2023 6:01pm
Quoting callmechief
EURUSD Break to the downside is warranted, assuming they aren't hitting the stops of buyers before making another push in price, I plan to take it all the way to ADR low, near the 1.08469 area. Setting a trailing stop loss to follow her down. SL out in front of my trade already to mitigate loss against a reversal. Reason for selling is the pullback off yesterday's high. The only reason the market respects or violates support and resistance is because of volume. If the market maker fails to make another pass into yesterday's high, its either because...
Notice how price hit my ADR low, ("near the 1.08469 area") ~15 hours after I posted this. The US Open saw aggression back toward Asia's high, and I got scared out lol... Looks to me in hindsight that the US Market maker temporarily pumped the market against the trend that developed over the European session, hitting the stops of late sellers caught out in the middle of the trend, before continuing the correction.

It's commonly taught by brokers and forex gurus to place really tight stop losses, a matter of pips outside your entry candle. It was enough volume to make it financially worth it to flash a few million long, trigger stops, pocket the wining side of retail trader losses, and then continue lower.
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Discouragement is the language of the devil. Results over hype.
  • #738,827
  • Mar 31, 2023 6:39pm Mar 31, 2023 6:39pm
Quoting eyefeelsix
{quote} as long as you're using SL, not averaging in loss and not martingale, your trading is in the safe zone, you will never to blow your account and you will last a long time in this business. keep in mind that trading will not always lose the money. Have a great weekend ~
I completely agree with you. Recently, I have been experiencing a lot of difficulty with revenge trading, which has left my mind feeling chaotic and disorganized. As a result, I have been struggling to think clearly and my emotions have been leading me towards making irrational decisions. Normally, I have a clear insight into my trades, but my recent experiences have caused things to go awry
  • #738,828
  • Mar 31, 2023 8:25pm Mar 31, 2023 8:25pm
Forex like GU is always tricky.

Thus, always have plan b in place.

different fibo levels for considerations.

if all else fail, cut loss and move on.
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  • #738,829
  • Mar 31, 2023 9:57pm Mar 31, 2023 9:57pm
In asia.. i trade.

In London, I trade.

In NY i trade at times.

Today, no trade.

So.....



Can I watch/read orguments ?

It is boring na.. ?


Intraday only.
  • #738,830
  • Mar 31, 2023 10:16pm Mar 31, 2023 10:16pm
Quoting navk
In asia.. i trade. In London, I trade. In NY i trade at times. Today, no trade. So..... Can I watch/read orguments ? It is boring na.. ?
your trading is great , what I have learnt from you is that dont be influenced by a tiny opposite move . trust the direction have identified
  • #738,831
  • Mar 31, 2023 10:37pm Mar 31, 2023 10:37pm
Quoting Jolita
{quote} Dubai on holiday? Enjoy. I thought you from UK.
yup a weeks holiday in Dubai with the family time to get a rest ! (Although 1 day in and its been hectic)
Insane in the Brain..
  • #738,832
  • Apr 1, 2023 12:33am Apr 1, 2023 12:33am
Quoting LifeRider
Hope is not the best strategy {image}
hi what is the software you are using
  • #738,833
  • Apr 1, 2023 2:47am Apr 1, 2023 2:47am
Quoting BeeTogether
{quote} yup a weeks holiday in Dubai with the family time to get a rest ! (Although 1 day in and its been hectic)
Enjoy your rest, you deserve
  • #738,834
  • Apr 1, 2023 3:50am Apr 1, 2023 3:50am
Quoting navk
In asia.. i trade. In London, I trade. In NY i trade at times. Today, no trade. So..... Can I watch/read orguments ? It is boring na.. ?

well if you are bored then you could explain how you trade 10 pip movements on 1 minute chart. Im a big ear

plus your haters need some bucks to buy food and pay rent
How to succeed in zero sum game?
  • #738,835
  • Apr 1, 2023 4:06am Apr 1, 2023 4:06am
Quoting dempire1
{quote} well if you are bored then you could explain how you trade 10 pip movements on 1 minute chart. Im a big ear plus your haters need some bucks to buy food and pay rent
Well, this one is indicator based.

Look at the movement on thursday.

Conditions apply :

1.hourly GANNHILO ADAPTIVE HISTO TREND

2.Chart centre line break.

One can get 3332 $ , this is what I got on friday. 2400 to 2327 move on Friday.

One can get even more on thursday with same condition 1 and 2 above.

Move 2313 to 2421

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Intraday only.
  • #738,836
  • Apr 1, 2023 4:08am Apr 1, 2023 4:08am
I am generous, so shared the jpg image.

no more info pls
Intraday only.
  • #738,837
  • Apr 1, 2023 4:09am Apr 1, 2023 4:09am
Quoting Waveskierrob
{quote} Update: 8 x SHORTS BE 1.1943 ..., hopefully get there before weeks end but I doubt it....
Update still getting there, friday was a blessing still along way to go, under by 2500 pips this does happen to me from time to time but overall still happy,....trading is easy when everything is going your way the real skill comes in when it doesn't...
  • #738,838
  • Apr 1, 2023 4:10am Apr 1, 2023 4:10am
if all else fail, cut loss and move on.One of many rules of trading ....Took me a long time to manage this but yip it is a the better option I use it when inneed.
average dude treading water
  • #738,839
  • Apr 1, 2023 4:15am Apr 1, 2023 4:15am
Quoting W0lfram
{quote} More bs trades next week. Let's see what happens @ weekly poc. {image} keep DD low...{image}
Well done
Most active strike puts are placed on 1.20, the opposite calls 1.2650.
Large scale interest long 1.2250.
  • #738,840
  • Apr 1, 2023 5:24am Apr 1, 2023 5:24am
Quoting Waveskierrob
{quote} Update: 8 x SHORTS BE 1.1943 ..., hopefully get there before weeks end but I doubt it....
im with you..opened some stupid positons initially..still learning
8 x Shorts BE 1.2188
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