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Cable Update (GBPUSD)

  • #754,821
  • Jun 29, 2023 3:45am Jun 29, 2023 3:45am
Quoting Bella.al
{quote} Bulls you shall not pass Bella's Resistance : 1.26659 {image}
Current Rate : 1.26453

So , Lots of fighting going on to take my stop loss = 1.26659 and if that holds Bulls i am coming for your stoploss below 1.26018

Bella's Blue ( beta v1.6 c )
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Goddess of Thunder..
  • #754,822
  • Jun 29, 2023 3:46am Jun 29, 2023 3:46am
...like most 1st b/o's - Asian hi b/o was false to 15min...will the 2nd be truer?
Trader with an Edge.
  • #754,823
  • Jun 29, 2023 3:47am Jun 29, 2023 3:47am
Quoting Fardeen1209
{quote} On the first intervention, i have planned it all very well but little i know it was the actual intervention. Placed my all TP at 70pips out of a ~700pips move. On the 2 second intervention got ~250pips, did not placed all tp at the same place, let some of them open. Could have made more, but was too eager to TP =failed trade management Lesson learned for the rest of my trading career.
did you write down the market times?
You have an IQ lower than 90 if you interact with this user.
  • #754,824
  • Jun 29, 2023 3:47am Jun 29, 2023 3:47am
Quoting Bella.al
{quote} Current Rate : 1.26453 So , Lots of fighting going on to take my stop loss = 1.26659 and if that holds Bulls i am coming for your stoploss below 1.26018 Bella's Blue ( beta v1.6 c ) {image}
The market really isn't '..fighting... to take your stop loss..' It doesn't even know you exist. If it does take it, it's nothing personal. The market is always right, which would make your analysis - wrong on this occassion. That's all.
Trader with an Edge.
  • #754,825
  • Jun 29, 2023 3:53am Jun 29, 2023 3:53am
Quoting Headland
{quote} The market really isn't '..fighting... to take your stop loss..' It doesn't even know you exist. If it does take it, it's nothing personal. The market is always right, which would make your analysis - wrong on this occassion. That's all.
Thank you for the message , i know how the market operates . It is my style of writing . I suggest you should not get involved in my writings.

Thanks for undertanding
Bella.
Goddess of Thunder..
  • #754,826
  • Jun 29, 2023 3:56am Jun 29, 2023 3:56am
GU H4 still aligned with D1 short , will see if i get an entry signal once this upside correction is finished on H1 possible targets for the short side 2476, might not happen all in one , there could be more H1 corrections , hopefully the next push down will be the biggest as it is the third
Follow The Markets Structure - Patience and Discipline
  • #754,827
  • Jun 29, 2023 3:56am Jun 29, 2023 3:56am
Quoting Bella.al
{quote} Thank you for the message , i know how the market operates . It is my style of writing . I suggest you should not get involved in my writings. Thanks for undertanding Bella.
if you dont want others to respond to your writings, perhaps you are missing the entire purpose of a Forum.
Maybe better to just have a personal trading log on FF.
That way you will never have to listen to others.
in wondering about yourself, you forgot what you came here to be part of
  • #754,828
  • Jun 29, 2023 3:59am Jun 29, 2023 3:59am
Quoting Bella.al
{quote} Thank you for the message , i know how the market operates . It is my style of writing . I suggest you should not get involved in my writings. Thanks for undertanding Bella.
At least she wrote "Bella" in a new row.
  • #754,829
  • Jun 29, 2023 4:01am Jun 29, 2023 4:01am
...gmt+3 feed 4hr closes as a bullish engulf of previous 2 candles on that t/f

4hr below
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Trader with an Edge.
  • #754,830
  • Jun 29, 2023 4:02am Jun 29, 2023 4:02am
Quoting Bella.al
{quote} Thank you for the message , i know how the market operates . It is my style of writing . I suggest you should not get involved in my writings. Thanks for undertanding Bella.

First time I see S/He responded to one of members here.
With courage, patience, and discipline, success is a matter of time.
  • #754,831
  • Jun 29, 2023 4:05am Jun 29, 2023 4:05am
Quoting JameRomeo168
{quote} First time I see S/He responded to one of members here.
everytime that thing responds to someone is with uber cockiness. But the same “knows how things work” doesnt make a single penny from it. Instead continues being cocky. Weird world we are living in.
How to succeed in zero sum game?
  • #754,832
  • Jun 29, 2023 4:07am Jun 29, 2023 4:07am
Quoting dempire1
{quote} everytime that thing responds to someone is with uber cockiness. But the same “knows how things work” doesnt make a single penny from it. Instead continues being cocky. Weird world we are living in.
Bella is a great example of how you can have the most beautiful colored blinking indicators and complex code running on your screen....
but if you have no idea how Price Action works, you will still get clobbered by the market.
in wondering about yourself, you forgot what you came here to be part of
  • #754,833
  • Jun 29, 2023 4:09am Jun 29, 2023 4:09am
Quoting pipfarm
{quote} There is more to come possible 142.70 at least usdjpy eurjpy and gbpjpy shorts Having said that trading these corrections are not my speciality , waiting for timeframes to align as i know the trades will be High probability
Thanks sir, trying to understand your alignment theory, its quite hard to understand, not fully understood it all, but it seems like structure theory but on lower timeframe?
You wait for the correction after it retrace significantly of the previous impulsive move, you jump in favour of the previous impulsive swing which is in favour of the higher tf price movement .
Correct me if i'm wrong.

What i dont understand is how you will catch a reversal. Since the reversal will be a minor swing against the previous lowertime (30mins and 1hr) trend. But as price unfold in favour of the path of least resistance, now you will see PA are now building against the higher tf swing.

My trading style to catch a "good" support or resistance level. I'm willing to bet 1% of my capital to see whether the "good" support of resistance will initiate a new swing move (could be a major swing reversal or simply a correctioni. As am a scalper, i will eat the big move in smaller bites 50-110 pips).
And as PA unfold in your favour, setup like QM and BPR start to appear. Thats my level add some more to the working trade.
But after price unfold in the path of least resistance, i never let a working trade turn into losing. When learning Ellior wave, i leant "invalidation", so i incorporate the invalidation level. The moment price close beyond the invalidation level i exit the trade. Will reenter if got the chance and s/r level seems to be still working.

If the "good" s/r didnt hold before the price unfolding in the path of least resistance, my SL take care of that. That "good" level was not as "good" i thought it was in the first place. Ok with losing 1%.
More time in the market, does not mean you trade better!
  • #754,834
  • Jun 29, 2023 4:12am Jun 29, 2023 4:12am
Quoting knkie
{quote} Bella is a great example of how you can have the most beautiful colored blinking indicators and complex code running on your screen.... but if you have no idea how Price Action works, you will still get clobbered by the market.
that thing is a great example of what no one should
be. Not because of flashy indicators but as a person. Showing off ego just to protect ourselves from sucking in life. Thats wrong approach. Accept that you suck and then you can ACTUALLY start growing.

its the age of fakes…
How to succeed in zero sum game?
  • #754,835
  • Jun 29, 2023 4:12am Jun 29, 2023 4:12am
Guys don’t chase girls away.
There are different styles of communication, just cause there is a predominant one here, or a ”norm” doesn’t mean its best.

Many people who were different in their style, started bad but came out on top. George Soros for example was a disaster in the beginning compared to his competition at the bank he was working at.
You have an IQ lower than 90 if you interact with this user.
  • #754,836
  • Jun 29, 2023 4:14am Jun 29, 2023 4:14am
Quoting Ferna
Guys don’t chase girls away. There are different styles of communication, just cause there is a predominant one here, or a ”norm” doesn’t mean its best. Many people who were different in their style, started bad but came out on top. George Soros for example was a disaster in the beginning compared to his competition at the bank he was working at.
i totally agree, why you need to argue with ppl whether correct or wrong?

you come to market is argue right or wrong or to make money?
  • #754,837
  • Jun 29, 2023 4:15am Jun 29, 2023 4:15am
Quoting Ferna
{quote} did you write down the market times?
First one it was london session, not sure tho

The second one NY session, put on the trade, went to fry some chicken strips for dinner, back to monitor boom, ~250pips. Didnt even know what happen just close everything at market orders.

Still remember the second one, because it is one of my best trades
More time in the market, does not mean you trade better!
  • #754,838
  • Jun 29, 2023 4:18am Jun 29, 2023 4:18am
Morning all, sense a slight stall until data later, 126 not broken, and the retrace up to 127 not happened yet.

the upside looks massive at 12850 and above whilst the lower area below 126 looks limited at 12460-80
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Insane in the Brain..
  • #754,839
  • Jun 29, 2023 4:22am Jun 29, 2023 4:22am
Quoting Fardeen1209
{quote} On the first intervention, i have planned it all very well but little i know it was the actual intervention. Placed my all TP at 70pips out of a ~700pips move. On the 2 second intervention got ~250pips, did not placed all tp at the same place, let some of them open. Could have made more, but was too eager to TP =failed trade management Lesson learned for the rest of my trading career.
Both interventions lasted about 600 pips. 400-500 pips should be in the bag in my opinion. After that I will look for going Long until recession hits US. I think this intervention won't leave the last highs behind. One more period of Yen depreciation will follow after intervention. Then, we wait for another one, crisis or move by BoJ.
  • #754,840
  • Jun 29, 2023 4:26am Jun 29, 2023 4:26am
Quoting Headland
{quote} The market really isn't '..fighting... to take your stop loss..' It doesn't even know you exist. If it does take it, it's nothing personal. The market is always right, which would make your analysis - wrong on this occassion. That's all.
Always wanted to tell her, but sometime it is best to let someone experienced it themselves.
She is younger than me, she has plenty of times to refine her strategy.
She will get what she worked for. The harder she will work, the luckier she will get.
More time in the market, does not mean you trade better!
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