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Cable Update (GBPUSD)

  • #776,761
  • Sep 20, 2023 12:19pm Sep 20, 2023 12:19pm
Being patient, not making any move, neither short nor long. Waiting for the news to confirm the direction.
Secret to the Price Action is Liquidity.
  • #776,762
  • Sep 20, 2023 12:22pm Sep 20, 2023 12:22pm
Quoting JoshLauder98
I’ve decided to take a relatively big hit (just before the spike up too typical). Emotions gotten the better of me today and I’m simply not willing to risk my acc on some bs PA that we will likely receive from news. Gonna take a little break for trading, clear my head and then come back strong and recover these losses. Wish you all the best
I read this thread from time to time but trade various pairs. I also don't use indicators, chart signals or stoplosses so doubt I have much in the way of positive input but reading the above reminds me of my early days of trading. I think it's fair to say there are traders who have either lost money or are about to, so blowing an account is nothing to feel bad about. It certainly sounds like you are taking on too much risk, in relation to your account, or under capitalised, or both. Maybe find a way to stay in the game as long as possible, accept you will/may be proven wrong (with any predictions) most of the time and price rarely goes in one direction for very long. I would have saved some serious money years ago if I'd employed these concepts and stopped trying to fortell the future.
Sounds like a lot of screen time to me.
  • #776,763
  • Sep 20, 2023 12:22pm Sep 20, 2023 12:22pm
Quoting OperaniyiFx
{quote} can you upload your arrow indicator please ?
Think you're asking the wrong Wave...
  • #776,764
  • Sep 20, 2023 12:23pm Sep 20, 2023 12:23pm
Quoting bigiivan
Buy GBP\USD at 1,2355. No SL and TP.
Out + 60 pips.
  • #776,765
  • Sep 20, 2023 12:25pm Sep 20, 2023 12:25pm
Quoting Waveskierrob
{quote} You exercise good patience so you'll be ok, just hope it hits my BE first...
My margin call is gonna get smashed lol!
Insane in the Brain..
  • #776,766
  • Sep 20, 2023 12:27pm Sep 20, 2023 12:27pm
Quoting Zebi
i was out some of the day and wasnt here for the prissy and pissy arguing from BOTH GANGS OF IDIOTS LOL the reason im posting right now is im beginning to see weakness in the dollar...no...its not gona crash like the dollar haters would like LOL its just gona take a breather i posted this earlier and a couple knuckleheads ignored me for it LOL...what losers {quote} ill admit thats why im on FF..i want to gauge the sentiment of the site and in this room and do the opposite LOL when i was the ONLY one posting charts and saying the bad ass...

welp.. my second chart in my quote came to pass..price is at that level

gold had a bigger reaction than GU which stayed stuck in a narrow range since friday and even tho i was right about direction i still lost 10 pips on my last long i closed yesterday LOL...but came out ahead for all my trouble since friday

so always remember dont listen to the guys that just post charts of their analysis if they dont also post trades from said analyaia...lots of guys pretend they trade what they post LOL and make themselves look like their geniuses LOL

i still see the dollar going hier to 107 after this test


if i didnt post all my trades, the winners and the losers, since i posted that chart id come out looking like george soros

however price always ytakes a tortuous path to the target and nobody can control their emotions and stay committed without some fear
short trump and go long the deepstate
  • #776,767
  • Sep 20, 2023 12:32pm Sep 20, 2023 12:32pm
Quoting Whale
{quote} why ironic? i wanna know where do you get the news that you post here?
Some news that I find to be important on Forex Factory I just copy and post here.

Other news I get from following Peter Schiff and Gerald Celente (Trends Journal = the best source of important new information about everything important going on in the world).
  • #776,768
  • Sep 20, 2023 12:41pm Sep 20, 2023 12:41pm
Quoting LazyTrades
{quote} I read this thread from time to time but trade various pairs. I also don't use indicators, chart signals or stoplosses so doubt I have much in the way of positive input but reading the above reminds me of my early days of trading. I think it's fair to say there are traders who have either lost money or are about to, so blowing an account is nothing to feel bad about. It certainly sounds like you are taking on too much risk, in relation to your account, or under capitalised, or both. Maybe find a way to stay in the game as long as possible,...
Appreciate the feedback mate.

I typically never trade like this, for this exact reason but I got caught at 1.25 in a long position, decided to average down and do a bit of a swing trade. Never would have done so if I knew it was drop this far down. Took about a 25% hit today which is nothing compared to this morning when I felt like my account was gonna blow.

just gonna take some time to learn from my mistakes, educate myself abit more and come back and recover these losses. Thanks again for all the insight folk have contributed in this thread
  • #776,769
  • Sep 20, 2023 12:42pm Sep 20, 2023 12:42pm
Hawkish pause or a dovish hike in 20 minutes? I am guessing it will be a hawkish pause with a higher gdp growth rate projection. Which should be enough to support USD.

Going short again in DJ30 (us30)

Short from 34700
SL at 35100
You have to have an IQ higher than 90 to interact with this user.
  • #776,770
  • Sep 20, 2023 12:43pm Sep 20, 2023 12:43pm
Quoting LazyTrades
{quote} I read this thread from time to time but trade various pairs. I also don't use indicators, chart signals or stoplosses so doubt I have much in the way of positive input but reading the above reminds me of my early days of trading. I think it's fair to say there are traders who have either lost money or are about to, so blowing an account is nothing to feel bad about. It certainly sounds like you are taking on too much risk, in relation to your account, or under capitalised, or both. Maybe find a way to stay in the game[/highlight]...
Serious advice and one of the best I have seen. Hats off.
Trade to trade another day
  • #776,771
  • Sep 20, 2023 12:44pm Sep 20, 2023 12:44pm
Taking profit from my longs on eurusd , I want to see what the feds say . We are expecting a pause but there is still a possible hike on the table
Master your mind. Master Trading.
  • #776,772
  • Sep 20, 2023 12:54pm Sep 20, 2023 12:54pm
Quoting Jolita
Sell opened 12368. Risky but, chart as a lot of place to slide.
Trade still open and added another sell from 12420. Boohoo..risky, but had lucy day with gold and oil trades. Might close soon.

UK inflation news proud of recovery, total nonsense decreased by 0.1%, how good is that?
  • #776,773
  • Sep 20, 2023 12:55pm Sep 20, 2023 12:55pm
dollar is here gentlemen thats why im going short

it may fall to the lower lines but shud go bback up

in had to redraw the lines cause didnt save em before
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short trump and go long the deepstate
  • #776,774
  • Sep 20, 2023 12:58pm Sep 20, 2023 12:58pm
Brace for impact!
Incomiiiiiinnngggg!!!
  • #776,775
  • Sep 20, 2023 12:58pm Sep 20, 2023 12:58pm
Trying to catch 10 pops move
Attached Image (click to enlarge)
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yes yes yes
  • #776,776
  • Sep 20, 2023 1:01pm Sep 20, 2023 1:01pm
Why GU going down?
Insane in the Brain..
  • #776,777
  • Sep 20, 2023 1:02pm Sep 20, 2023 1:02pm
Quoting BeeTogether
Why GU going down?
Seems dollar remains stable.
Secret to the Price Action is Liquidity.
  • #776,778
  • Sep 20, 2023 1:02pm Sep 20, 2023 1:02pm
Quoting Nordling
Hawkish pause or a dovish hike in 20 minutes? I am guessing it will be a hawkish pause with a higher gdp growth rate projection. Which should be enough to support USD. Going short again in DJ30 (us30) Short from 34700 SL at 35100
don't wanna talk early but this look like it aged well
You have to have an IQ higher than 90 to interact with this user.
  • #776,779
  • Sep 20, 2023 1:03pm Sep 20, 2023 1:03pm
Another hike for 2023 on the table from dot plot which makes sense.
More time in the market, does not mean you trade better!
  • #776,780
  • Sep 20, 2023 1:03pm Sep 20, 2023 1:03pm
Quoting Moty
Trying to catch 10 pops move {image}
Do not close long. USD os going down on na hour
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