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Cable Update (GBPUSD)

  • #773,301
  • Sep 7, 2023 7:41am Sep 7, 2023 7:41am
Quoting PeterCaleb
{quote} The more you say the funnier it gets. The funniest bit of it all is some people are actually dumb enough to believe you without bothering to do any research first. I find "intellectuals" like you humorous entertainment. You're just a speculator trying to be something more. I'm not bothered by you anymore. Have fun chump. {image} Peter
A must watch if seeking a humble view of the layers of industry that keep man from rising up in a democratic wave toward equality:
Inserted Video
Break the cake
  • #773,302
  • Sep 7, 2023 7:45am Sep 7, 2023 7:45am
hmm...since yesterday also smaller currencies (PLN,SEK anyway) flee to USD now, also CHF is sold off for weeks now already against USD. That could mean more pressure on GBP/USD south. Be careful with intraday trading, big institutions don't care about 10 or 20 pips pushing it further so they can hit your SL easily now.

Last Market Correction (1.2445 to 1.2458) could have happened but drop was more likely. Probably buy zone for some bigger players, that may be why GBP/USD is not heading more south.
  • #773,303
  • Sep 7, 2023 7:48am Sep 7, 2023 7:48am
Quoting Elysion
My euro trades are shit and dragging me down, but GU is doing A-ok for now. Damn euro.
Yeah, Euro is really ugly to trade currently. I cannot see much difference to EUR/GBP and before EUR/GBP was really crap against EUR/USD to trade from PA-Side view.

Years ago we had >100 pips everyday and 1 pip spread (without commission)
Now we have sometimes 30-70 pips a day and 1.5 spread without commission. That is awful compared to earlier times.
  • #773,304
  • Sep 7, 2023 7:49am Sep 7, 2023 7:49am
Quoting JayBag
{quote} On second thought, I am adding a bit more (barcode) right at this bottom area. Lee is lurking. Cheers and take care
WARNING !!!!!!! anyone new on this thread DO NOT give this guy any money to trade for you, just got rid of one of the rival gang then another pops up...
  • #773,305
  • Sep 7, 2023 7:56am Sep 7, 2023 7:56am
Mark the price 1.24500
Price will fly from here
Dx reached 105.040
yes yes yes
  • #773,306
  • Sep 7, 2023 8:01am Sep 7, 2023 8:01am
Quoting TheWraith
EUR/GBP Euro stronger today. Would usually mean they are going down against USD, but not exactly sure about that correlation. {image}
You need to look at EURUSD, EURGBP, AND GBPUSD together. And it helps to also have USDX to verify. EURGBP is useful only when USD is NOT the driving force of those 3 currencies.
To free Gazans of Hamas, use whatever it takes.
  • #773,307
  • Sep 7, 2023 8:02am Sep 7, 2023 8:02am
Quoting dantpm
{quote} That is misleading! I think you meant that you haven't paid anyone other than the market to teach you about trading!
That was a Freudian slip revealing that he just trades demo account.
To free Gazans of Hamas, use whatever it takes.
  • #773,308
  • Sep 7, 2023 8:02am Sep 7, 2023 8:02am
Uj is looking good, should've enter trade in UJ rather than EU.
Sighhh
Exhausted
  • #773,309
  • Sep 7, 2023 8:03am Sep 7, 2023 8:03am
I found good strategy
1 to 1 r/r
Current trade is 7 pips sl against 8.3 pips profit to win also the spread
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2023-09-07-16-01-27-888_com.tradingview.tradingviewapp-edit.jpg Size: 337 KB
yes yes yes
  • #773,310
  • Sep 7, 2023 8:03am Sep 7, 2023 8:03am
Quoting Robinhood1
{quote} Just closed all Usdjpy positions with some loses. Will wait for other oportunities any pair now.
You GAVE IN to the algo?!?!
To free Gazans of Hamas, use whatever it takes.
  • #773,311
  • Sep 7, 2023 8:04am Sep 7, 2023 8:04am
Quoting Nordling
{quote} Same here. Waiting for the unemployment claims + price action to confirm long. We will wait for the perfect time. {image}
Gold didn't give a damn about good unemployment claims from US. Gold showing signs of strength.

Gold long from 1922
SL at 1910
You have to have an IQ higher than 90 to interact with this user.
  • #773,312
  • Sep 7, 2023 8:07am Sep 7, 2023 8:07am
Gonna leave my trades there and be back in 3 hours.
Hopefully it reaches my targets.
All I can say is Euro suck ass
Exhausted
  • #773,313
  • Sep 7, 2023 8:07am Sep 7, 2023 8:07am
Quoting Moty
I found good strategy 1 to 1 r/r Current trade is 7 pips sl against 8.3 pips profit to win also the spread {image}

u see Whale ?
MY OPINION NOT FINANCIAL ADVISE
  • #773,314
  • Sep 7, 2023 8:09am Sep 7, 2023 8:09am
Quoting Elysion
{quote} Weekly is definitely down, but there's no saying that the market only moves one sided in lower tf of hourly
there's no saying that the market only moves one sided in lower tf of hourly
In fact, the "market" always moves from swing H(L) to swing L (H) on one TF by making cycles on smaller TFs. And because of its fractal and self-similar nature, its just a matter of "zoom factor" used to see the relationship for any selected set of TFs.
To free Gazans of Hamas, use whatever it takes.
  • #773,315
  • Sep 7, 2023 8:12am Sep 7, 2023 8:12am
Quoting Elysion
Still waiting for the long correction. Funny how there are ppl here who thinks market only moves one way. There we go.
THE MARKET MOVES ONLY ONE WAY!!!!
Until it moves the opposite way.
To free Gazans of Hamas, use whatever it takes.
  • #773,316
  • Sep 7, 2023 8:13am Sep 7, 2023 8:13am
Quoting gespiri
{quote} I think there won't be a big move today/tomorrow.....I'm expecting the week to close around these levels. However, we can see a corrective move up next week before moving down. We'll wait and see.
My strategy: 1) Hold buys until +90-+130 from lows, 2) wait for retest of lows which I expect it will hold, 3) short around 1.27 until 1.23 for the rest of the month.
We'll keep watching.
Attached Image (click to enlarge)
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Lost....
  • #773,317
  • Sep 7, 2023 8:17am Sep 7, 2023 8:17am
Quoting Moty
{quote} Exit manually with 6 pips loss Took short {image}
What happened to Goldminer indicator?

(By the way, Goldminer is modified Silvertrend, and the mq4 has an error on compiling.)
To free Gazans of Hamas, use whatever it takes.
  • #773,318
  • Sep 7, 2023 8:18am Sep 7, 2023 8:18am
Quoting ffss
{quote} Guess it repaints like other tmas right?
mladen made a non-repainting TMA a LONG time ago.
To free Gazans of Hamas, use whatever it takes.
  • #773,319
  • Edited 8:39am Sep 7, 2023 8:21am | Edited 8:39am
Quoting Moty
I found good strategy 1 to 1 r/r Current trade is 7 pips sl against 8.3 pips profit to win also the spread {image}
hello Moty, could you please be so kind as to explain the rules of your scalping strategy with a 1:1 risk-reward ratio and a 7-pip stop loss? Thank you, Libor.
  • #773,320
  • Sep 7, 2023 8:26am Sep 7, 2023 8:26am
Quoting DrDave
{quote} You GAVE IN to the algo?!?!
I was wrong till eventually become perfect. The Algo will never give in and may get away at weekends, if i am wrong about the weekends trick, it may go broke sooner or later.
We will see.
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