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Cable Update (GBPUSD)

  • #765,621
  • Aug 9, 2023 11:55am Aug 9, 2023 11:55am
Quoting Fx3423454
SHORT AU SHORT EU SHORT GU SHORT
3.4% or 3.5% is the number I'm expecting. Core also up.
  • #765,622
  • Aug 9, 2023 12:01pm Aug 9, 2023 12:01pm
Quoting pipfarm
{quote} Thank you for your suggestions, your a mathematician as you said , are you also a professional trader? You made a lot of statements and claims with no proof, there are dozens of so called educators like ict who claim to be successful traders , a claim is just that a claim , without concrete proof i would trust none of them. Care to elaborate? or drop a few trades with charts
Indicators are a great tool if you have one that is useful and is working more often than not. That's what I will say. Without indicators you think I could tell where price will bounce off of potentially or not or where the price will probably go? Hell no...

My opinion, my experience. Others have their own.
  • #765,623
  • Aug 9, 2023 12:02pm Aug 9, 2023 12:02pm
Closed my short went long on GU.
My telegram: https://t.me/avidforex
  • #765,624
  • Aug 9, 2023 12:03pm Aug 9, 2023 12:03pm
Quoting BigNumbers
Closed my short went long on GU.
Some TP in mind or you will close the trade before CPI? Or will you leave it even on CPI release?
  • #765,625
  • Aug 9, 2023 12:06pm Aug 9, 2023 12:06pm
Tommorow, I expect the price to finally reach it's destination down at 1.26. If that happens, as I said, I'll add some Longs.
  • #765,626
  • Aug 9, 2023 12:06pm Aug 9, 2023 12:06pm
I知 trading into the BSA. Buy side activator.

I hope we see some volume.
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My telegram: https://t.me/avidforex
  • #765,627
  • Aug 9, 2023 12:10pm Aug 9, 2023 12:10pm
Another H4 closed below all MA's.
  • #765,628
  • Aug 9, 2023 12:10pm Aug 9, 2023 12:10pm
Hahahaha so liquidity also print candle stick activator. Damn f***k forex. This shit is mad! Na wa!
My telegram: https://t.me/avidforex
  • #765,629
  • Aug 9, 2023 12:11pm Aug 9, 2023 12:11pm
Quoting pipfarm
{quote} Come on , why would anyone hang around, the trade is still in play, we do not know where his stop is. Although i have noticed some irregularities in the writing style in his posts, there could be two people writing the posts but does it really matter? So long as there is peace in this thread he can do what he likes with his trades.
I fully agree with your point,sir.
Does it really matter?
I have come a long way because of the way PAT read his chart, i have learned majority of my trading techniques from him.
But i have never took a signal from him blindly. I like to match what i see from the chart same as his (since he has a consistent result with minimum drawdown)
But after i had learned significantly to take my own trading decision, i dont care about his SL or TP. It is a factor of his account whether real or demo. Idc!
A penny up or down in his account is not a penny up or down in my account.
Even tho we have the same thought of process, my risk is always based on my capital and risk tolerance not on what he is ready to risk.
Many times he is ready to risk 100pips after he averaging his losing trade. I dont allow this in my account. I have full control over what i do with my account.
Very few people seems to understand this!
More time in the market, does not mean you trade better!
  • #765,630
  • Aug 9, 2023 12:11pm Aug 9, 2023 12:11pm
Quoting BigNumbers
Hahahaha so liquidity also print candle stick activator. Damn f***k forex. This shit is mad! Na wa!
What is that?
  • #765,631
  • Aug 9, 2023 12:13pm Aug 9, 2023 12:13pm
just checking pa , still in bear set up , so play towards previous bottom likely ! may next day . take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #765,632
  • Aug 9, 2023 12:15pm Aug 9, 2023 12:15pm
Quoting navk
1 hr chart posted. That support might break. If that breaks... it augurs well for long trade set up... not today but later. This is demo practice chart. {image}
The price held hourly support.

But... i am sure every one who took long would have been on the edge of the seat.

Having said... the 4hr is still down.
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Intraday only.
  • #765,633
  • Aug 9, 2023 12:15pm Aug 9, 2023 12:15pm
Quoting TheWraith
Another H4 closed below all MA's.

Now I知 focusing on trading the H1 time alone. I found a way to see Daily and H4 time frame right on the H1 without looking at the time frames individually but I still can稚 figure out the weekly. I wish I can see the weekly inside of H1 tf I値l be very glad. I still believe there is way.

Going through all the time frames often times affect my trading decision.
My telegram: https://t.me/avidforex
  • #765,634
  • Aug 9, 2023 12:16pm Aug 9, 2023 12:16pm
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  • #765,635
  • Edited 12:48pm Aug 9, 2023 12:17pm | Edited 12:48pm
EURUSD looks like long to me

Although D1 is still below W1 and W1 has moved lower into MN 1 , therefore the current move is corrective and sure does look corrective with an impulse up to follow.

As i have mentioned before all my charts have the current timeframes swings points plus the higher therefore it is more likely to see what D1 is doing from H4 far in advance of D1 and the chart says it all.

H4 has moved into D1 territory with a counter swing down , suggesting the next move up will be long to complete the correction ( let me rephrase this part, i meant to say D1 has moved into W1 territory and H4 shows D1 moving into the week 1)

AUDUSD not quite in D1 territory but the third swing up is brewing

Same with GU , D1 has moved into W1 territory but W1 is below the monthly , so a daily correction is in the making and H4 shows the first swing up followed by a corrective move down so hoping the next swing up will be an impulse
Follow The Markets Structure - Patience and Discipline
  • #765,636
  • Aug 9, 2023 12:17pm Aug 9, 2023 12:17pm
Quoting palpite
buy - 1.2719 {image}
trade still running.

stop loss - 1.2708

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Together we can be strongest
Vantage Return This Month: -97.0%
  • #765,637
  • Aug 9, 2023 12:21pm Aug 9, 2023 12:21pm
Quoting Wavegarrick
{quote} Post of the day Ever since George's Impassioned plea yesterday, nothing changed and it went on after that going into today with the berating and belittling. It is no surprise that most of us gave George's post a thumbs up, including myself hoping for something better, but the one person that did not do that was Chiko. We have all been sitting here waiting with bated breath for Chiko's buy trades today, to come to fruition. It is 7 hours later and no report back. Usually this pattern repeats itself. He will come...
Yea I was willing to give it go Leon but you buddy Trumps came in spurting his mouth off, something's never change ok back to it, what name do you want to call me today I think the last one was " arsewipe" which in fairness was pretty funny...
  • #765,638
  • Aug 9, 2023 12:21pm Aug 9, 2023 12:21pm
Quoting TheWraith
{quote} What is that?
I will term it “the point of no return” lol

It’s been a long day sitting in front of the PC through the 3 sessions. I’m stepping out to sit to music and have some refreshment “Cow head pepper soup”
My telegram: https://t.me/avidforex
  • #765,639
  • Aug 9, 2023 12:27pm Aug 9, 2023 12:27pm
UK100 ( ftse ) Update for any following
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  • #765,640
  • Aug 9, 2023 12:27pm Aug 9, 2023 12:27pm
Quoting BigNumbers
{quote} Now I知 focusing on trading the H1 time alone. I found a way to see Daily and H4 time frame right on the H1 without looking at the time frames individually but I still can稚 figure out the weekly. I wish I can see the weekly inside of H1 tf I値l be very glad. I still believe there is way. Going through all the time frames often times affect my trading decision.
Whether you win or lose, you will never lose the lesson.
Trade at your own risk.
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