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Cable Update (GBPUSD)

  • #763,321
  • Aug 2, 2023 6:39am Aug 2, 2023 6:39am
Quoting Fx3423454
GBPUSD: The Case For A 450-Pip Drop In August - Daily Price Action
I'd say they are on the money. Around a 400 pip drop
Compulsions can be hard to resist
  • #763,322
  • Aug 2, 2023 6:40am Aug 2, 2023 6:40am
Quoting GODofMC
{quote} that good, actually if we master one trading system we can trade all currencies. Even 5 trade losses out of 10 we will not blame the system and will encourage us to look for more perfect entry, and once again not blaming system or the market
Best advice to you is go check every pair on daily tf and go back a year on them all,,,, See if you can spot the liquidity --- it will put you miles ahead. And yes it will take a lot of work and time to do but well worth it
  • #763,323
  • Aug 2, 2023 6:40am Aug 2, 2023 6:40am
Most stock markets of industrialized nations will not be able to tolerate much more of these high rates.
Trade at your own risk.
  • #763,324
  • Aug 2, 2023 6:41am Aug 2, 2023 6:41am
Quoting trumps
{quote} I'd say they are on the money. Around a 400 pip drop
I would like down to 125 area or just below that @12480 But thats just me dont follow me. I could get my ASS handed to me
  • #763,325
  • Aug 2, 2023 6:43am Aug 2, 2023 6:43am
I will be shorting AU, EU and GU pretty much every single major news announcement. Trying to scale into big long-term positions.
Trade at your own risk.
  • #763,326
  • Aug 2, 2023 6:49am Aug 2, 2023 6:49am
Quoting T721
{quote} Best advice to you is go check every pair on daily tf and go back a year on them all,,,, See if you can spot the liquidity --- it will put you miles ahead. And yes it will take a lot of work and time to do but well worth it
im just part time trader, maybe every month or every lossrs will forget the system and i will find a new system that work for easy money. Most of time even there is no setup will just flip coin and do the trade. It just hard for me to change that


Quoting GODofMC
no thing to do, im trying testing this signal, {image} Smallest lot if reaching to TP1 will move stoploss to BEP {image} Any other good signal?
5 pips below TP1 but already moved SL to TP protect money at all cost, 1 cent still called money
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oh it reaching TP1 which is 20 pips SL was set
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As for GU still shady now want to test daily low
which may result goes deeper.
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10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #763,327
  • Aug 2, 2023 7:01am Aug 2, 2023 7:01am
Quoting GODofMC
{quote} im just part time trader, maybe every month or every lossrs will forget the system and i will find a new system that work for easy money. Most of time even there is no setup will just flip coin and do the trade. It just hard for me to change that {quote} 5 pips below TP1 but already moved SL to TP protect money at all cost, 1 cent still called money {image} oh it reaching TP1 which is 20 pips SL was set {image} As for GU still shady now want to test daily low which may result goes deeper. {image}...
I can show you on zoom if you like. Then just practice it going forward and demo trade it till you become more confident
  • #763,328
  • Aug 2, 2023 7:01am Aug 2, 2023 7:01am
Quoting Fx3423454
I will be shorting AU, EU and GU pretty much every single major news announcement. Trying to scale into big long-term positions.
I'm with you on this. However, I think NFP will be the news that will make USD to apreciate against other currencies.
We'll see... but you will need bigger positions to stay alive if NFP doesn't come out good. If you are in the right direction with big position, even NFP shouldn't hit your SL.
  • #763,329
  • Aug 2, 2023 7:04am Aug 2, 2023 7:04am
EURUSD

Potential Setup formed. 1000 Pips
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Fools Rushing
  • #763,330
  • Aug 2, 2023 7:05am Aug 2, 2023 7:05am
Will ADP figures be another surprise like last month?

Couple article are pretty dovish on the figure expecting < 191K consensus ( ~189-190k)
More time in the market, does not mean you trade better!
  • #763,331
  • Aug 2, 2023 7:06am Aug 2, 2023 7:06am
Quoting Pat Chiko
{quote} GJ As we move closer to NYO, can start to refine the analysis into LTF. Finding a snipe N3 is a must for a good trader to minimise drawdown. That;s why ,we can't see any drwadown in "hindsight" posting ,as thier vision is "perfect after the fact"{image}
GJ - real time

scalping long
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #763,332
  • Aug 2, 2023 7:12am Aug 2, 2023 7:12am
Time to concentrate on one pair... Choosing US30..

I like the way it moves..
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My telegram: https://t.me/avidforex
  • #763,333
  • Aug 2, 2023 7:17am Aug 2, 2023 7:17am
Fuuu, i thinks ADP come 1 hour from now but
Nevermind i may lose trade if i enter

Ah it is great on eurNZD signal
Ah better close it. That more than $2 bucks already
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Quoting T721
{quote} I can show you on zoom if you like. Then just practice it going forward and demo trade it till you become more confident
I will get in touch with you if i have time and courage later
As im not fluence in english and im just keyboard warrior im to shy
10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #763,334
  • Aug 2, 2023 7:22am Aug 2, 2023 7:22am
GU Drilling. let's See if it s able to drill deeper. Daily trend line la......
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Fools Rushing
  • #763,335
  • Aug 2, 2023 7:23am Aug 2, 2023 7:23am
Quoting Scotteyy
{quote} Just shorted GBP/USD at 12782, SL 12802, TP 12702. For me this move needs to happen today or the bears may be in trouble longer term.
Trade going well thus far, its currently at 1:2 RR. I've told myself I won't take profits early but do I move my stop to break-even? Obviously these are only questions I can answer for myself but I'm conflicted! We have just tapped into the liquidity zone below yesterday's low. Let's see if we break past. If so I think my target will hit.
  • #763,336
  • Aug 2, 2023 7:23am Aug 2, 2023 7:23am
ADP better than expected but not as good as last month.
Insane in the Brain..
  • #763,337
  • Aug 2, 2023 7:24am Aug 2, 2023 7:24am
Manufacturing: -36K
While Leisure/Hospitality: 201k

Joe Biden: Hail America

EU- The fall is being absorbed.
Dollar- at Daily Supply zone
More time in the market, does not mean you trade better!
  • #763,338
  • Aug 2, 2023 7:26am Aug 2, 2023 7:26am
Big banks waiting for BOE and NFP to crush retailers. Thursday and Friday will again be insane.
  • #763,339
  • Aug 2, 2023 7:28am Aug 2, 2023 7:28am
Crooky stop loss Hunter
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yes yes yes
  • #763,340
  • Aug 2, 2023 7:29am Aug 2, 2023 7:29am
A close above 128-12850 for a move to 129 before a drop to below 127 after NFP
Insane in the Brain..
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