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Cable Update (GBPUSD)

  • #758,481
  • Jul 14, 2023 4:40am Jul 14, 2023 4:40am
Quoting BigNumbers
Quote of the day- Stay motivated! I heard the sound of my neighbor’s super car like the roar of a lion and I said to myself I’m gonna be on this soon. It is just a lifestyle that could start with putting more time on the chart or whatever your craft is. Each day you strive, You get closer and close to your dream! From experience, Failure is one thing I love so much, it makes me better and better.. Hey! Not just super cars other things get me motivated like real estate, AI, oil and gas etc, everyone wants to be successful! Just stay Motivated! Trading...
well said mate!

this year has been quite successful (even though I did take a 20k hit the other day) but overall in good profits for the year even financed a holiday to Dubai out of it earlier this year. It’s not easy at times can be heart wrenching to take big hits however the motivations is there to do better and keep a pot of gold for when I retire in 20 years.
Insane in the Brain..
  • #758,482
  • Jul 14, 2023 4:43am Jul 14, 2023 4:43am
Sl is at be , i can't loss
Now i just need to put it
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yes yes yes
  • #758,483
  • Jul 14, 2023 4:43am Jul 14, 2023 4:43am
Quoting JereMi256
{quote} A weekly close below 1.31327 would be good for bears. We should get a pull back to at least 1.295 before any further bullish pressure {image}
The zone is still playing out well. NY session has more clues for next week's plan.
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Face 'ur fears & tame 'ur greed
  • #758,484
  • Jul 14, 2023 4:45am Jul 14, 2023 4:45am
Helluva ride on GU n EU... Banked all, dont wanna give any back. Might still hit next Green circle. Will probably look for shorts next week
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  • #758,485
  • Jul 14, 2023 4:46am Jul 14, 2023 4:46am
Quoting TheWraith
{quote} We'll see if the top will hold.
Top did hold. Candle failed to close above the highs.
  • #758,486
  • Jul 14, 2023 4:48am Jul 14, 2023 4:48am
Quoting BeeTogether
{quote} well said mate! this year has been quite successful (even though I did take a 20k hit the other day) but overall in good profits for the year even financed a holiday to Dubai out of it earlier this year. It’s not easy at times can be heart wrenching to take big hits however the motivations is there to do better and keep a pot of gold for when I retire in 20 years.
Well done BEE, love Dubai used to take my boys there when they were boys and stayed at Jumeirah Beach -- brilliant holidays
  • #758,487
  • Jul 14, 2023 4:49am Jul 14, 2023 4:49am
the problem is it broke twice....once in Asia... another in just now...broke yesterday high level.

Still not sure what the price what it wants to do.

Having said, the hourly turned bearish to me.
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Intraday only.
  • #758,488
  • Jul 14, 2023 4:53am Jul 14, 2023 4:53am
Decision making h1 running, test top, d top so far, tl support now last time around 3105 watching, breakout may previous bottom test to signal 3086 to limit 3078, support 3060 possible, scalping carefully! Take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #758,489
  • Jul 14, 2023 4:55am Jul 14, 2023 4:55am
Quoting T721
{quote} Well done BEE, love Dubai used to take my boys there when they were boys and stayed at Jumeirah Beach -- brilliant holidays

cheers mate, it’s a ride a crazy ride this forex trading. Expect the unexpected and even then things can wrong lol. Still a few grand of being break even from when I started trading but back then i was expecting an easy ride and got smacked lol. Just to think before the hit I was finally in the equity
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Insane in the Brain..
  • #758,490
  • Jul 14, 2023 4:58am Jul 14, 2023 4:58am
Quoting Moty
Sl is at be , i can't loss Now i just need to put it {image}
you've been amazing, if only i could takes your trades when you take them
  • #758,491
  • Jul 14, 2023 4:59am Jul 14, 2023 4:59am
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yes yes yes
  • #758,492
  • Jul 14, 2023 4:59am Jul 14, 2023 4:59am
Quoting navk
the problem is it broke twice....once in Asia... another in just now...broke yesterday high level. Still not sure what the price what it wants to do. Having said, the hourly turned bearish to me.
I see problems in liquidity again. Last two swings (the one to the top and currently down) were too drivy, too little zig zag. I will never really understand why they drive the market like that but may be one day I will know. There is no retrace on long side and no retrace on short side. You can see that quite often in EU-Session but mostly only in one direction.
  • #758,493
  • Jul 14, 2023 5:02am Jul 14, 2023 5:02am
Quoting JackintheBox
{quote} I see problems in liquidity again. Last two swings (the one to the top and currently down) were too drivy, too little zig zag. I will never really understand why they drive the market like that but may be one day I will know. There is no retrace on long side and no retrace on short side. You can see that quite often in EU-Session but mostly only in one direction.
I have my opinion why retracement occurs and why not. It depends on client sentiment. The more extreme bias, the more short-lived and less occuring retracement are. We just witnessed around 25% of traders Long on EUR/USD. For this pair this is a huge shift in sentiment.
  • #758,494
  • Jul 14, 2023 5:09am Jul 14, 2023 5:09am
Quoting JackintheBox
{quote} I see problems in liquidity again. Last two swings (the one to the top and currently down) were too drivy, too little zig zag. I will never really understand why they drive the market like that but may be one day I will know. There is no retrace on long side and no retrace on short side. You can see that quite often in EU-Session but mostly only in one direction.
For me.. the process is important.

Today it happened.. twice to confuse me.

Let us see ..may be NY open.. tries to go high from current level " 00 ) then sell off.

In the current scenario.. no sell trigger for me yet
Intraday only.
  • #758,495
  • Jul 14, 2023 5:15am Jul 14, 2023 5:15am
For all you Gents of a certain age make sure to watch all these videos. Top Quality for anybugger like me with an enlarged prostate (altho mine was caused with huge doses of steroids back in the day) Watch over weekend while waiting on Monday market to open. Well worth your time.

https://www.youtube.com/live/liwfFqPklYg?feature=share

Inserted Video


https://www.youtube.com/live/6pD5TpKX-ZY?feature=share
  • #758,496
  • Jul 14, 2023 5:15am Jul 14, 2023 5:15am
If we break the low then we should see S1 today. If we drop lower than S1 then we will continue down monday. If not could be a good bounce area to continue uptrend.
  • #758,497
  • Jul 14, 2023 5:21am Jul 14, 2023 5:21am
Quoting Vishu258
{quote} Thanks a lot everyone foe your really kind words and support. In these 2 years I not only learnt trading, I have become a better person with better control over my emotions. I'll work my way out and begin the journey anew in a few months time. Thanks everyone for being there for me throughout.

Ok. We will see you in a month's time. I have a friend who failed miserably at trading until he took a month off and came back. That month helped him get rid of his FOMO, as well as his fear that the trade would go wrong. Watch Videos of other trading styles in that month. I can almost bet that you will have some AHA moments. Don't make me come to your house!
Don't compare your trades to others. Most often the masses are the asses
  • #758,498
  • Jul 14, 2023 5:22am Jul 14, 2023 5:22am
Quoting TheWraith
CHF/JPY, it's probable price is done going up and this could be a high for a long period of time to come. If 161.4 can hold, it should be it for CHF. GBP/JPY 182 EUR/JPY 156
This H4 is crucial for Yen pairs now.
  • #758,499
  • Jul 14, 2023 5:22am Jul 14, 2023 5:22am
Quoting Scotteyy
If we break the low then we should see S1 today. If we drop lower than S1 then we will continue down monday. If not could be a good bounce area to continue uptrend.
although Friday is when both sides get their asses kicked. If 13140 is top end then the bottom could still be in the making
Insane in the Brain..
  • #758,500
  • Jul 14, 2023 5:23am Jul 14, 2023 5:23am
Quoting Ferna
{quote} thats a longway down. I was thinking the same about Nikkei.You are legend Chiko Hell might try basejumping down like Batman.
Ferna......

Deutscher Aktien Index ?

LOD ?
I come from the future.
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