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Cable Update (GBPUSD)

  • #767,461
  • Aug 15, 2023 7:06pm Aug 15, 2023 7:06pm
Quoting Zebi
i closed my GU shorts for 40 pips dont want to squirm in a range all nite
Why would anyone trade the quiet range before this time of day?

https://www.forexfactory.com/market/nikkei225
  • #767,462
  • Aug 15, 2023 7:07pm Aug 15, 2023 7:07pm
Quoting Ferna
smart money/algos, a.i, central banks intervention and political instability. Isnt it different today? You have old charts from 80s and 90s ?
in storage mate
people leave, but this thread will go on for ever
  • #767,463
  • Aug 15, 2023 7:14pm Aug 15, 2023 7:14pm
Quoting FocusWinReal
{quote} Why would anyone trade the quiet range before this time of day? https://www.forexfactory.com/market/nikkei225
did you look at the range yesterday till midnite?


im in usa so go to sleep around midnight...i dont care about london cause they havent been the same since they lost all the empire and voted themselves out in brexit LOL

most of the oomph is in NY now so thats easier for me to trade
short trump and go long the deepstate
  • #767,464
  • Aug 15, 2023 7:16pm Aug 15, 2023 7:16pm
Quoting FocusWinReal
{quote} Why would anyone trade the quiet range before this time of day? https://www.forexfactory.com/market/nikkei225
i will trade the kiwi tonite like i did aussie yesterday cause of newws
short trump and go long the deepstate
  • #767,465
  • Aug 15, 2023 7:28pm Aug 15, 2023 7:28pm
Quoting Zebi
{quote} did you look at the range yesterday till midnite? im in usa so go to sleep around midnight...i dont care about london cause they havent been the same since they lost all the empire and voted themselves out in brexit LOL most of the oomph is in NY now so thats easier for me to trade
Yes, London time is pretty lame without news or the previous NY being flat. Trading chop just aint my thing. My point was market changeover until now not Asian session in general.
Cheers...
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  • #767,466
  • Aug 15, 2023 7:51pm Aug 15, 2023 7:51pm
long NU .59416
tp .5983 sl open for now till rate news
short trump and go long the deepstate
  • #767,467
  • Aug 15, 2023 8:15pm Aug 15, 2023 8:15pm
Quoting Zebi
long NU .59416 tp .5983 sl open for now till rate news
added 5933
short trump and go long the deepstate
  • #767,468
  • Aug 15, 2023 8:35pm Aug 15, 2023 8:35pm
Quoting T721
{quote} {image}
Sorry if what I said made you react that way. I'm sure there's a pill or vaccination available for that kind of problem.

Have fun sucking on the teet.


Peter
Real Trading is not gambling.
  • #767,469
  • Aug 15, 2023 8:39pm Aug 15, 2023 8:39pm
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short trump and go long the deepstate
  • #767,470
  • Aug 15, 2023 8:45pm Aug 15, 2023 8:45pm
Eurusd buy
Master your mind. Master Trading.
  • #767,471
  • Aug 15, 2023 8:45pm Aug 15, 2023 8:45pm
Quoting Coreg2004
{quote} Pat, there is no way to know in advance how the price will unfold in the future. We can only come up with 2 of the most likely scenarios and play the odds (impulse, correction). Impuls is simple 1-2-3-4-5, and correction is as good as anybody's guess.{image} Which pattern will show up? {image}
God help all you people if things were to change (Oh YEAH they ARE ... sorry to say it).

Here is what I see when people want to obsess too much over "patterns" etc .....

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YEEEES ... I am a real to life person who accesses the markets every day to invest my time and money for a productive return. No labels necessary. Market activity is good for people to observe but to obsess over it and "expect/assume" it to be there "tomorrow" as it "was yesterday/last year" is pretty silly, far too predictable and makes for easy prey.

Not interested if people disagree anymore ..... go get some proper experience of the good, the bad and the ugly THEN we'll talk.


Peter
Real Trading is not gambling.
  • #767,472
  • Aug 15, 2023 8:47pm Aug 15, 2023 8:47pm
My positions just got a huge boost. Not sure what from yet.

I'll check back after I eat my pizza.
Trade at your own risk.
  • #767,473
  • Aug 15, 2023 8:51pm Aug 15, 2023 8:51pm
Quoting voeltoez
{quote} yes..for me better trade cent account than demo,,only with $10 we can trade $1000..good for training live acc..
well I guess you can always upgrade to a full account later.
Real Trading is not gambling.
  • #767,474
  • Aug 15, 2023 9:01pm Aug 15, 2023 9:01pm
Yeah instead of being struck by "shock n awe" by us older people, why not go educate yourself a bit

https://en.wikipedia.org/wiki/Foreign_exchange_market
Real Trading is not gambling.
  • #767,475
  • Aug 15, 2023 9:02pm Aug 15, 2023 9:02pm
lovely...sl at even on NU


if doesnt stop me out will hold while go to bed but use trailing stop this time not like AU trade lol


moved up tp
short trump and go long the deepstate
  • #767,476
  • Aug 15, 2023 9:03pm Aug 15, 2023 9:03pm
Quoting TheWraith
{quote} This is a list of High-Impact News and the average impact they make. I'll quote this post every so often so I don't have to search for it constantly in the history. For Retail Sales, average impact is around 47 pips.
And IF that all goes away, then what do you do ?? What do you fall back on to remain consistent AND ahead of the curve??
Real Trading is not gambling.
  • #767,477
  • Aug 15, 2023 9:05pm Aug 15, 2023 9:05pm
Quoting giveachance
honestly anybody buying longs on today's data have to be careful. employment number lag when catching up with inflation. the more higher the inflation stays the unemployment rate will soon skyrocket. still shorts are preferred

oh I'm sure I can weed out some longs today. Let's have a look
Real Trading is not gambling.
  • #767,478
  • Aug 15, 2023 9:07pm Aug 15, 2023 9:07pm
Quoting Ferna
{quote} We’ve got to control peoples spending and take away their money.

I know, I have an idea ....... OFF with their heads!! Oh wait, that's already happened to most people these days uuuuuuummmm let's think.......
Real Trading is not gambling.
  • #767,479
  • Aug 15, 2023 9:16pm Aug 15, 2023 9:16pm
Quoting Zebi
long NU .59416 tp .5983 sl open for now till rate news
Quoting Zebi
{quote} added 5933
Quoting Zebi
lovely...sl at even on NU if doesnt stop me out will hold while go to bed but use trailing stop this time not like AU trade lol moved up tp

that my friends is how you pick a bottom ...or catch a falling knife or whatever else people call it
short trump and go long the deepstate
  • #767,480
  • Aug 15, 2023 9:22pm Aug 15, 2023 9:22pm
Quoting Zebi
{quote} {quote} {quote} that my friends is how you pick a bottom ...or catch a falling knife or whatever else people call it

couldnt use limit orders this time cause wasnt a double bottom kind of trade...those are even easier to pick
short trump and go long the deepstate
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