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Cable Update (GBPUSD)

  • #743,361
  • Apr 28, 2023 1:08pm Apr 28, 2023 1:08pm
what is interesting is how good GBP hold it’s levels late yesterday and today compared to the other currencies.
Is there any larger macro news i missed? i dont follow news much.
You have an IQ lower than 90 if you interact with this user.
  • #743,362
  • Apr 28, 2023 1:11pm Apr 28, 2023 1:11pm
USDJPY bears spotted.

Let the weekend party begin!
  • #743,363
  • Apr 28, 2023 1:13pm Apr 28, 2023 1:13pm
Quoting Mitiblotch
{quote} Thanks a lot. Your return this month is mind-blowing! Feels good to be green. I wish I held mine, but I was top sure of the trade and overleversged (bad habit) so went out when I got good profit.
Thank you! trading is starting to become fun now, feels like a game of starcraft 2, need both good micro and macro.
please post more often, you and some other traders here are a great inspiration to me, so nice of you all to share so much!

you know it was a bloody battlefield with GU this week, i think almost everyone who daytrades it were confused.
the only sensible play was taking short range profits and put alot of limit orders in case something goes south.
You have an IQ lower than 90 if you interact with this user.
  • #743,364
  • Edited 2:05pm Apr 28, 2023 1:13pm | Edited 2:05pm
Have a good weekend folks. Took profit 70 pips,

was stuck in a trade for over 2 weeks. Now let’s see where Monday takes us. UK bank holiday on Monday but looking at other pairs all in the red cable could be playing catch up
Insane in the Brain..
  • #743,365
  • Edited 1:43pm Apr 28, 2023 1:22pm | Edited 1:43pm
,
  • #743,366
  • Apr 28, 2023 1:22pm Apr 28, 2023 1:22pm
Quoting pipcenturion
USDJPY bears spotted. Let the weekend party begin!
yeah on it already
  • #743,367
  • Apr 28, 2023 1:23pm Apr 28, 2023 1:23pm
Quoting Pat Chiko
{quote} Life is too Short..... Be a good person......... Everyday I post one good set up in FORESIGHT..... (not hind sight). The GU simple set up was posted 5hours ahead of the actual QM zone taken up. Not forcing anyone to follow my trades, but at least two guy came up with good comments and the are in the train. I find exchanging ideas and engaging in healthy discussions about trade setups enjoyable. On the other hand, trolling is a despicable behavior that stems from hatred and jealousy. I have added several trolls to my ignore list to avoid...
There ain't no Monday in the UK it's 'May day"...
  • #743,368
  • Apr 28, 2023 1:23pm Apr 28, 2023 1:23pm
Quoting Pat Chiko
{quote} Life is too Short..... Be a good person......... Everyday I post one good set up in FORESIGHT..... (not hind sight). The GU simple set up was posted 5hours ahead of the actual QM zone taken up. Not forcing anyone to follow my trades, but at least two guy came up with good comments and the are in the train. I find exchanging ideas and engaging in healthy discussions about trade setups enjoyable. On the other hand, trolling is a despicable behavior that stems from hatred and jealousy. I have added several trolls to my ignore list to avoid...
Power to you man, as i always say :-Live Authentically Love unconditionally and follow your destiny.
just ignore -ve people and be happy
  • #743,369
  • Apr 28, 2023 1:26pm Apr 28, 2023 1:26pm
Quoting Pat Chiko
{quote} Life is too Short..... Be a good person......... Everyday I post one good set up in FORESIGHT..... (not hind sight). The GU simple set up was posted 5hours ahead of the actual QM zone taken up. Not forcing anyone to follow my trades, but at least two guy came up with good comments and the are in the train. I find exchanging ideas and engaging in healthy discussions about trade setups enjoyable. On the other hand, trolling is a despicable behavior that stems from hatred and jealousy. I have added several trolls to my ignore list to avoid...
Well said, foresight is important, it's no good people saying things in hindsight it doesn't help anyone after the fact, I like to share my ideas and research. I do my due diligence as best as I can and try to understand the markets, not just reacting to data or news, technical analysis is important but fundemental analysis is important too and sharing information with eachother can help a lot. I joined this forum as there was a lot of people making good cases in the moment not just websights posting after moves which can influence you to make bad decisions and trades.

Alongside trolling I don't support people just saying it's gonna do this or that with no evidence or supporting information, this can lead to people jumping in on things if they see someone saying this is going to happen with confidence, it's just like guessing, and these people are basically gambling and it's 50/50 it's gonna go one why or the other so can get lucky a lot.
Even with supporting information, we can be wrong but at least we can understand why after or use that to learn and make better decisions in the future.

I love your analysis and love this forum as a whole
  • #743,370
  • Apr 28, 2023 1:50pm Apr 28, 2023 1:50pm
Quoting Pat Chiko
{quote} GU (Power of QM) Wait for price to come to trade. How it begun{image} How it ended{image} Once we know what to expect from our system, then have the patience to wait for the price to reach the levels ( QM Level) that our system indicates for either the point of entry or exit. If our system indicates an entry at a certain level but the market never reaches it, then move on to the next opportunity. There will always be another trade. Another QM, another SRF, RSF.... In other words, don't chase the plane after it has left the terminal; wait...
Pat, What is the QM? What I should study?
  • #743,371
  • Apr 28, 2023 1:59pm Apr 28, 2023 1:59pm
Quoting matkooo2575
{quote} Pat, What is the QM? What I should study?
But every TA should base on SnR.
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  • #743,372
  • Apr 28, 2023 2:02pm Apr 28, 2023 2:02pm
Quoting Whale
{quote} But every TA should base on SnR. {image}
by the way, dxy has the base +FTR pattern.
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  • #743,373
  • Apr 28, 2023 2:08pm Apr 28, 2023 2:08pm
pounddollar just tin! I thought it would rise to 1.2630 today, so I bought it after work.. and apparently lost money
  • #743,374
  • Apr 28, 2023 2:24pm Apr 28, 2023 2:24pm
Quoting matkooo2575
{quote} Pat, What is the QM? What I should study?
Attached File(s)
File Type: pdf Qm master (5) (2).pdf   3.6 MB | 407 downloads
  • #743,375
  • Apr 28, 2023 2:32pm Apr 28, 2023 2:32pm
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  • #743,376
  • Apr 28, 2023 2:33pm Apr 28, 2023 2:33pm
Quoting genadi
Buy gold. At 1892.92 small position
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  • #743,377
  • Apr 28, 2023 2:39pm Apr 28, 2023 2:39pm
in general, left a buy with a stop at 1.2537 and an imaginary take at 1.2650
  • #743,378
  • Apr 28, 2023 2:47pm Apr 28, 2023 2:47pm
Quoting Girondins
in general, left a buy with a stop at 1.2537 and an imaginary take at 1.2650
you are smart,
soon you will be very rich

  • #743,379
  • Edited 11:39pm Apr 28, 2023 2:48pm | Edited 11:39pm
Quoting T721
{quote} {image}
Very good explained. Thanks
  • #743,380
  • Apr 28, 2023 3:26pm Apr 28, 2023 3:26pm
Crooky gu dropped only 20 pips from the high of the day
Eu dropped 30
The mf only know how to spike
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yes yes yes
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