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Cable Update (GBPUSD)

  • #773,581
  • Sep 8, 2023 7:31am Sep 8, 2023 7:31am
All positions closed.
See you next week.
  • #773,582
  • Sep 8, 2023 7:35am Sep 8, 2023 7:35am
Quoting JereMi256
Short@ 1.2485 -6pips SL {image}
Stopped out.
Face 'ur fears & tame 'ur greed
  • #773,583
  • Sep 8, 2023 7:36am Sep 8, 2023 7:36am
Quoting dantpm
{quote} He did. It is the SSL hybrid indicator in TradingView. The SSL channel chart alert indicator in MT4 gives you similar entry and exit points.
As I have said many times, the indicator is not as important as how it is used. Nearly any price-based indicator can have its parameters adjusted to "indicate" essentially the same thing as all of the others.

Below displays SSL, an MA, TDI, and stochastics. (The MA displays only arrows to show where the slope changes direction.)
Note how they all tend to indicate a turn in a swing at about the same time.

Many people think that TDI (RSI) and stochastics are the same thing, so it does not matter which is used. Of course, for those that know the construction of these indicators, that is incorrect. Look at the zone betwen the two yellow verticals. The price went into a very narrow range while TDI tended to track this with a narrow set of oscillations. However, stochastic went smoothly up, not even flattening.

Between the two white verticals, price makes a rather steady ascent, while TDI goes completely flat. It is the stochastic that nicely tracks the upward movement of price.

I marked one comparison at the white vertical. This is one bar after the pink arrow was drawn. This corresponds with the SSL crossing down. Notice that for the TDI and stochastic that rather than being at the green cross red, it is the red cross yellow, which is consistent with these settings. Of course, if desired, either the indicators in the top window could be adjusted to match with the other indicators' green cross red, or vice-versa.

TAKEAWAY: Don't get hung up on any particular indicator: Whichever one you have chosen can probably be adjusted to "indicate" what you want.

(Using multiple TFs also offers many advantages.)

I added Heinken Ashi bars in the second image.
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Attached Image (click to enlarge)
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To free Gazans of Hamas, use whatever it takes.
  • #773,584
  • Sep 8, 2023 7:39am Sep 8, 2023 7:39am
CAD with the good news. Already 50 increase. If it retraces I will buy CAD.
  • #773,585
  • Sep 8, 2023 7:40am Sep 8, 2023 7:40am
Quoting Reverso
{quote} After an extended downside and then failed to break lower and consolidated, plus it is too far away from the MA, usually such condition is to go Long. I maybe wrong, I'm currently underwater but the SL is wide enough to cover until the lowest low from yesterday. Let's see, Sep has been good to me so far. {image} {image} {image}
Just as I envisaged, price finally starting to take off.
I had plans to enter if:
a) price closed above 1.24954 in M15, or
b) price go down and bounce off 1.24696 to upside for a better entry
*whichever come first, to not miss the Long opportunity.

Life isn't perfect, scenario a) came first, so I entered at a higher price, price reached about 50% of the SL but now I am surfacing and no longer underwater.
Pump it and send it, to moon.
Attached Image (click to enlarge)
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https://www.myfxbook.com/members/NGplus/freedom-you-deserve/11268620
Freedom you deserve. All Time Return: 64.6%
  • #773,586
  • Sep 8, 2023 7:42am Sep 8, 2023 7:42am
118 and 127 in play

https://www.babypips.com/trading/for...kom-0eJbRYK67Y
Insane in the Brain..
  • #773,587
  • Sep 8, 2023 7:45am Sep 8, 2023 7:45am
Quoting DrDave
{quote} As I have said many times, the indicator is not as important as how it is used. Nearly any price-based indicator can have its parameters adjusted to "indicate" essentially the same thing as all of the others. Below displays SSL, an MA, TDI, and stochastics. (The MA displays only arrows to show where the slope changes direction.) Note how they all tend to indicate a turn in a swing at about the same time. Many people think that TDI (RSI) and stochastics are the same thing, so it does not matter which is used. Of course, for those that know...
You don't appear to be using the TDI to its fullest potential. You are ignoring that when the MA line is above 50 you are in an uptrend.
The TDI pro MT4 indicator that I use also tracks divergences.
  • #773,588
  • Sep 8, 2023 7:48am Sep 8, 2023 7:48am
Quoting Fardeen1209
{quote} He stole your hamster or something
Hahaha, NO sir, I just miss his analyses.
Target: $100 to $1000
  • #773,589
  • Sep 8, 2023 7:49am Sep 8, 2023 7:49am
Sold 1.2490 SL 1.2500
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #773,590
  • Sep 8, 2023 8:11am Sep 8, 2023 8:11am
The price seems to be consolidating above 2465 for long direction.
Intraday only.
  • #773,591
  • Sep 8, 2023 8:16am Sep 8, 2023 8:16am
Quoting Kez-m
PeterCaleb and Rich.C - CHILL chaps. It’s hard enough as it is. Why is it in forums, hidden in the anonymity, people just end up b*tching. Share trades/knowledge/glee and pain. Stop fighting. Trying to get one over. CHILL
I think you may have misunderstood, there is no bickering here; just two people talking about the beauty of learning; for some it is fun, for others it is a serious business.

If you're finding it hard to trade, you will not find the solution here. Better to try to develop and understand yourself and adopt a survival mentality:

- Objective thinking
- Methodical approach
- Flawless execution
- Rules based management
- And a philosophy of gaining consistent returns
Break the cake
  • #773,592
  • Sep 8, 2023 8:17am Sep 8, 2023 8:17am
Quoting Robinhood1
Just came across an advert about quatumm open AI. Run by Elon Musk. Could his Ai be wiping out everyone else. Anyone registered?
Could his Ai be wiping out everyone else
Not yet--not many projects cooking yet.
To free Gazans of Hamas, use whatever it takes.
  • #773,593
  • Sep 8, 2023 8:18am Sep 8, 2023 8:18am
Quoting JereMi256
{quote} Stopped out.
JereMi, homework for the weekend, find out how do you want to trade flag formation, where you are going to enter, and where you are going to place SL. if the risk is too much play with the lot size or pass on the trade. You have good entry, but too tight SL imo. Just the conversation between buddies.
Attached Image (click to enlarge)
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Always trade your own plan...I don't provide trading signals.
  • #773,594
  • Sep 8, 2023 8:19am Sep 8, 2023 8:19am
USDCAD short 1.3627
SL at 1.3670
You have to have an IQ higher than 90 to interact with this user.
  • #773,595
  • Sep 8, 2023 8:26am Sep 8, 2023 8:26am
I planned of staying at sidelines today but entered based on my long biased.. price felt good.. tp set at 1.25
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Extreme gut feeling trader
  • #773,596
  • Sep 8, 2023 8:30am Sep 8, 2023 8:30am
Quoting dantpm
{quote} You don't appear to be using the TDI to its fullest potential. You are ignoring that when the MA line is above 50 you are in an uptrend. The TDI pro MT4 indicator that I use also tracks divergences.
This was not an exercise in exploring the features of TDI, so no, I did not ignore the 50 line, it is simply something that I chose not to mention in this specific case. Other people use the TDI red cross yellow for direction rather than the 50 line cross. I also did not include the envelope.

Also, I personally do not use the TDI, nor stochastics. But as you can see, I CAN use them if I choose to, and I have used them in the past with my multi-TF analysis to develop a successful system. I have also used non-repainting TMA, MACD, least squares regression, etc.
To free Gazans of Hamas, use whatever it takes.
  • #773,597
  • Sep 8, 2023 8:30am Sep 8, 2023 8:30am
i still with my first trade from the morning with 10 pips floating loss instead of winning 32 pips
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i didn't see a greater indi from this indicator
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yes yes yes
  • #773,598
  • Sep 8, 2023 8:30am Sep 8, 2023 8:30am
Quoting Coreg2004
{quote} JereMi, homework for the weekend, find out how do you want to trade flag formation, where you are going to enter, and where you are going to place SL. if the risk is too much play with the lot size or pass on the trade. You have good entry, but too tight SL imo. Just the conversation between buddies. {image}
Thank you! I will look into it.

My main bais is a swing long from a retest of 1.246/1.245.
Face 'ur fears & tame 'ur greed
  • #773,599
  • Sep 8, 2023 8:31am Sep 8, 2023 8:31am
Quoting Coreg2004
{quote} JereMi, homework for the weekend, find out how do you want to trade flag formation, where you are going to enter, and where you are going to place SL. if the risk is too much play with the lot size or pass on the trade. You have good entry, but too tight SL imo. Just the conversation between buddies. {image}
For coreg only. ( Not for any others, and i do not want to make an argument towards week end )

This kind of autentic info, only this time. Biweekly payouts in this. Just took my payout yesterday and after that..this number appearing for payout on 21 st september. So, this profit you see is made in 2 days.

I concentrate 0.5 % to 1 % on live accounts.
Attached Image (click to enlarge)
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Intraday only.
  • #773,600
  • Sep 8, 2023 8:34am Sep 8, 2023 8:34am
Quoting Ehminiz
My last trade for today. bought GU. {image}

took me out at BE, then went for TP.

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#Stay blue. /swinger/scalper/
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