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Cable Update (GBPUSD)

  • #740,841
  • Apr 13, 2023 5:39am Apr 13, 2023 5:39am
Quoting DmShka
{quote} Hello Chiko, Could you pls explain what does it mean waTcHtHepRiCe?, thx.
No need to explain .

Everyone know it already, just dont bother to use their brain.
Guessing it the easy way to trade forex.

Thinking to watch the price takes a lot of energy.
That WHY we can see traders are trigger happy to take up trade withourt thinking,,,,,,

Pull up the gun and shoot. Risk reward . Risk management ZERO....
Is it worth it to take this trade ?. Or just whack the GU , for few pips, may be got better luck 30 pips, but risking 40 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 165.jpg Size: 133 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #740,842
  • Apr 13, 2023 5:39am Apr 13, 2023 5:39am
I like it
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yes yes yes
  • #740,843
  • Apr 13, 2023 5:40am Apr 13, 2023 5:40am
Quoting AlfieSolomon
Sold for 10 pips {image}
got 10 pips ,will again look after news
Attached Image (click to enlarge)
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  • #740,844
  • Apr 13, 2023 5:50am Apr 13, 2023 5:50am
Yesterday on US data that was in line with expectations we had a rally. Today what happens?
  • #740,845
  • Apr 13, 2023 5:52am Apr 13, 2023 5:52am
Quoting Pat Chiko
{quote} GU Dont become the liquidity by offering your hard earned money to market shark. watcHtHepriCe {image}
Bravo sir
  • #740,846
  • Apr 13, 2023 5:52am Apr 13, 2023 5:52am
Quoting Moty
I like it {image}
I don't like it
Exhausted
  • #740,847
  • Apr 13, 2023 5:53am Apr 13, 2023 5:53am
Quoting trumps
{quote} Taking my money would depend on what your target is . Looks to me we are heading to 1.26+ with little 's & 's along the way. What does your chart say? {image} {image}
You swinging like Leon my view under but I have some pendings till 2560, lets see,
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People don't plan to lose. They lose because they don't plan.
  • #740,848
  • Apr 13, 2023 5:56am Apr 13, 2023 5:56am
Quoting Pat Chiko
{quote} No need to explain . Everyone know it already, just dont bother to use their brain. Guessing it the easy way to trade forex. Thinking to watch the price takes a lot of energy. That WHY we can see traders are trigger happy to take up trade withourt thinking,,,,,, Pull up the gun and shoot. Risk reward . Risk management ZERO.... Is it worth it to take this trade ?. Or just whack the GU , for few pips, may be got better luck 30 pips, but risking 40 pips. {image}
If nothing is broken, price will keep on going continue doing and follow the current trend.

You choose to go with the flow or go against it for few pips.
If price go against you, the only thing you can do is too closed at loss.

But, traders are stubborn animal, from small loss , keeping it until it become too big to let go.

I rather wait for the BO/RT to complete before consider putting up trades.

Attached Image (click to enlarge)
Click to Enlarge Name: gu 166.jpg Size: 131 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #740,849
  • Apr 13, 2023 6:03am Apr 13, 2023 6:03am
Quoting ScalaFX
{quote} You swinging like Leon my view under but I have some pendings till 2560, lets see, {image}
Thx Scala, I'll take that huge compliment Leon is a well deserved legend
For what it is worth, I see support just below, before hitting main resistance above.

Fingers crossed
Attached Image(s) (click to enlarge)
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Compulsions can be hard to resist
  • #740,850
  • Apr 13, 2023 6:05am Apr 13, 2023 6:05am
Quoting Pat Chiko
EU Same story. No guessing plaese just waTcHtHepRiCe Market dont care what you think......... {image} {image}
EU

Ask what is RR for particular trade you're about to take,
Is it worth it ?. Or you just trigger happy, whack every swing you see and think can make money.

Sometimes, you can make it ,but most of the time, you are in deep sh*t. by taking those trades with huge DD.
Think dont guess.

Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #740,851
  • Apr 13, 2023 6:05am Apr 13, 2023 6:05am
Short in at 1.2511

Quick scalp... just to keep my hand in target 12 pips
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Don't trade what you think. Just what you see!!!
  • #740,852
  • Apr 13, 2023 6:10am Apr 13, 2023 6:10am
Quoting Pat Chiko
{quote} EU Ask what is RR for particular trade you're about to take, Is it worth it ?. Or you just trigger happy, whack every swing you see and think can make money. Sometimes, you can make it ,but most of the time, you are in deep sh*t. by taking those trades with huge DD. Think dont guess. {image}
Model

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #740,853
  • Apr 13, 2023 6:25am Apr 13, 2023 6:25am
Quoting Pat Chiko
{quote} EU Ask what is RR for particular trade you're about to take, Is it worth it ?. Or you just trigger happy, whack every swing you see and think can make money. Sometimes, you can make it ,but most of the time, you are in deep sh*t. by taking those trades with huge DD. Think dont guess. {image}
I like this red Im started selling this pair I dont wonna to loose this trades so If you dont mind please close your buy positions and switch to sell with me
People don't plan to lose. They lose because they don't plan.
  • #740,854
  • Apr 13, 2023 6:37am Apr 13, 2023 6:37am
Expect USD STRENGHT during the upcoming news today,no motivation for GU to go up,there nothing up there for now
Attached Image (click to enlarge)
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  • #740,855
  • Apr 13, 2023 6:42am Apr 13, 2023 6:42am
Quoting sunnym
Expect USD STRENGHT during the upcoming news today,no motivation for GU to go up,there nothing up there for now {image}
is it mean GBP/USD going up >
  • #740,856
  • Apr 13, 2023 6:43am Apr 13, 2023 6:43am
Gave up selling, closed with +12 pips.
Will wait for news for volatility scalp.
Exhausted
  • #740,857
  • Apr 13, 2023 6:45am Apr 13, 2023 6:45am
Majority Retailers are still short.
Hmm.....
Guess I'll wait for a buy.
Exhausted
  • #740,858
  • Apr 13, 2023 6:50am Apr 13, 2023 6:50am
Quoting Elysion
Majority Retailers are still short. Hmm..... Guess I'll wait for a buy.
so you think every time that the majority of retailers are short the price will always go up and vice versa?

lets say like 100/100 times?

watch 4h chart for example

no Break of Structure at all from 1.18 area, so if 1,000,000 retailers with 1,000,0000,$ account will short somewhere, the price will always fly because the majority is short?
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  • #740,859
  • Apr 13, 2023 6:52am Apr 13, 2023 6:52am
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Quoting Elysion
Majority Retailers are still short. Hmm..... Guess I'll wait for a buy.
#Stay blue. /swinger/scalper/
  • #740,860
  • Apr 13, 2023 6:53am Apr 13, 2023 6:53am
Quoting Whale
{quote} so you think every time that the majority of retailers are short the price will always go up and vice versa?
Nope, but my daily bias has been bull.
Am waiting for news to see what's the price gonna do.
Exhausted
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