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Cable Update (GBPUSD)

  • #769,541
  • Aug 23, 2023 3:23am Aug 23, 2023 3:23am
Quoting dantpm
GU price is back close to the market open. Todays move so far has been a liquidity grab, up and down.
... and look were it stalled... 20... another cheeky 10 pips back up pre news
Emotional Control. Process, not outcome.
  • #769,542
  • Aug 23, 2023 3:23am Aug 23, 2023 3:23am
Quoting Ferna
{quote} come back when you made proper trading calls. you mostly criticize other who get it right most of the time, but afraid to give your own opinion about trading. your opinion is about other traders and not trading in itself.
Trade at your own risk.
  • #769,543
  • Aug 23, 2023 3:24am Aug 23, 2023 3:24am
Uk data negative ...PMI at 49.4
  • #769,544
  • Aug 23, 2023 3:24am Aug 23, 2023 3:24am
Quoting Ferna
{quote} This message written 14 hour ago now. Participate or anticipate, your choice. Learn or don’t learn.
Trade at your own risk.
  • #769,545
  • Aug 23, 2023 3:25am Aug 23, 2023 3:25am
Quoting Ferna
{quote} better go Nala’s thread and scroll a few hundred pages and you might learn something.
Trade at your own risk.
  • #769,546
  • Aug 23, 2023 3:29am Aug 23, 2023 3:29am
Quoting Pat Chiko
{quote} Good call on the trades you made 14 hours ago. But as a professional trader, trading is all about risk and reward. Every trade involves the potential to lose money, as well as the potential to make money. The goal of any trader is to maximize the potential rewards while minimizing the potential risks. Mathematically, you have 1:1 RR. Putting things into perspective. Here's the chart for clarity.{image}
One got to differ between market hours. Time and price.
As long as one knows the market as a whole there is no risk, or that risk can be off set by weak spots in own analysis.

Learn or don’t learn.
You have an IQ lower than 90 if you interact with this user.
  • #769,547
  • Aug 23, 2023 3:31am Aug 23, 2023 3:31am
aah yes what a nice clean drop!!
  • #769,548
  • Aug 23, 2023 3:32am Aug 23, 2023 3:32am
Quoting Konichiwhaat
{quote} ... and look were it stalled... 20... another cheeky 10 pips back up pre news
Stalled?
Trade at your own risk.
  • #769,549
  • Aug 23, 2023 3:32am Aug 23, 2023 3:32am
Trapdoor has opened… uk data not good at all
Insane in the Brain..
  • #769,550
  • Aug 23, 2023 3:33am Aug 23, 2023 3:33am
May start looking at long positions for cable , will wait for signal…
SKQT - Super Kool Quant Trader
Daily Remy All Time Return: 5.6%
  • #769,551
  • Aug 23, 2023 3:33am Aug 23, 2023 3:33am
securing profits
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  • #769,552
  • Aug 23, 2023 3:34am Aug 23, 2023 3:34am
Quoting Fx3423454
{quote} Stalled?
Thats why you gotta take your pips before the announcement. Stay out when it breaks. Don't gamble your money friend
Emotional Control. Process, not outcome.
  • #769,553
  • Aug 23, 2023 3:34am Aug 23, 2023 3:34am
Quoting Erpthetrader
May start looking at long positions for cable , will wait for signal…
Maybe after the noise dies down.. if it breaks below 12650 however then 12570 is open
Insane in the Brain..
  • #769,554
  • Aug 23, 2023 3:35am Aug 23, 2023 3:35am
zzzz another SL taken when i was long..
  • #769,555
  • Aug 23, 2023 3:36am Aug 23, 2023 3:36am
pay attention to 3 level rise that struggles to rise or 3 level drop that struggles to fall its a structure of weakness and the market may require a reversal before continuation
MY OPINION NOT FINANCIAL ADVISE
  • #769,556
  • Aug 23, 2023 3:36am Aug 23, 2023 3:36am
Quoting Konichiwhaat
{quote} Thats why you gotta take your pips before the announcement. Stay out when it breaks. Don't gamble your money friend
Nope. I was short before the news. I want all the pips.

It's not gambling when you own the casino.
Trade at your own risk.
  • #769,557
  • Aug 23, 2023 3:37am Aug 23, 2023 3:37am
In long 1.2672....wont go below S2

5x normal lot size
  • #769,558
  • Aug 23, 2023 3:39am Aug 23, 2023 3:39am
Quoting Wavegarrick
{quote} All shorts for the week are good. In my opinion we could be at the start of a medium term short cycle and I will look for retraces for sell opportunities. Cheers. {image}
Short cycle in play Folks.
Trade well.
Cheers.
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Trade to trade another day
  • #769,559
  • Aug 23, 2023 3:40am Aug 23, 2023 3:40am
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BP H'. ---Short ......SL far away , as shown................

  • #769,560
  • Aug 23, 2023 3:40am Aug 23, 2023 3:40am
Quoting Fx3423454
{quote} Nope. I was short before the news. I want all the pips.
As long as you are in the green and it works for you, thats the key. I just take it one small step at the time, drawing a map as I go. No mega wins, but always bigger than loosers, just good compounding
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Emotional Control. Process, not outcome.
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