Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Cable Update - Continued 61 replies

Cable (GBPUSD) vs Euro (EURUSD) 27 replies

Cable Update (GBP/USD) without Idiots 23 replies

Why is GBPUSD called cable? 66 replies

cable short for gbpusd? 6 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

Quoting Fardeen1209
{quote} 10pips SL is a bit tight, imho, but an invalidation level of 1x ATR or the next closest liquidity level might always be used as a signal to assess if the trade will failed or just a liquidity grab. I guess thats where a trader have to trust his strategy, knowing his next few trades will recover his manageable losses, and PAT's partial TP and Re-add back did really played the crucial part of how i perceived the loss. It shaped my whole psychological aspect of the trade management. Knowing the next few trades will recover the losses, it is...
Great post...
Soon To Be Temporarily Suspended Again
Do we give up on the 4th wave Coreg2004?
Quoting Coreg2004
{quote} cablekingdom, I think the 1.2380 level is unlikely to hit today. It would require a move of 146 pips from today's low. Without a catalyst (important news) it has a small chance of happening. Edit: There is always a chance I can be wrong. Today DRE hit 200% which coincides with 120%ATR(14). Aggressive entry of C-T trade would give 60 pips profits at target #1 1.2305 {image}
#doyourownanalysisordietryin
Quoting Bones
Do we give up on the 4th wave Coreg2004? {quote}
Bones, as of right now we need to find the end of C/ or wave 3. I changed the tactics and used the channel b/c we might deal with ending diagonal formation.
Attached Image (click to enlarge)
Click to Enlarge Name: Gu 09.21 daily.png Size: 46 KB
Always trade your own plan...I don't provide trading signals.
Can someone explain why GU can climb up to 1.238 before dipping 1.215? I can't analyze this in chart. I only see max price retracing point at 1.230 before riding low.
Secret to the Price Action is Liquidity.
Quoting Zebi
im goin to watch the last 1/2 hour of price is right and wait for my tp or sl to hit

watched price is right then took a hour and a half nap and im still in the trade LOL


so i just closed my long at 2302.3 cause looks tired
stay with the 5% contrarians not the 95% losers
Quoting Fardeen1209
{quote} Why it is so hard to use Stop Loss? A great tool to limit your risk!
It isn't. what is hard is placing that stop loss just out of reach. Nothing is worse than having your stop blown only for price to move in the direction you wanted it to.
When you feel like you HAVE to trade is when you least should!
Quoting Moty
Waiting for the signal {image}
This is a smart strategy
You take the signal at the pull back area because if you wait for the trend it will too late


https://m.youtube.com/watch?v=XUXdWR9cRk8&t=316s&pp=ygUUbTEgc2NhbHBpbmcgc3RyYXRlZ3k%3

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2023-09-21-20-44-50-801_com.tradingview.tradingviewapp-edit.jpg Size: 479 KB
Quoting Zebi
{quote} watched price is right then took a hour and a half nap and im still in the trade LOL so i just closed my long at 2302.3 cause looks tired
I have placed Fibonacci, Cancles are rejecting at 61.8. Looks like it will start dipping from this position. Or maybe, it can climb up to 1.230.
Secret to the Price Action is Liquidity.
Quoting iusman23
Can someone explain why GU can climb up to 1.238 before dipping 1.215? I can't analyze this in chart. I only see max price retracing point at 1.230 before riding low.

look at parveenverma profile and click his images...he gave an example yesterday i think about untested levels

i dont subscribe to that myself cause his way only works in a ranging market like gold... i determine my targets differently which i cant say without exposing my system
stay with the 5% contrarians not the 95% losers
Quoting Whale
{quote} i know what is NQ The price is strange. and i can give tones of example of brokers.. i have manage plenty. {image} {image}
I know you know normal and ft
Attached Image (click to enlarge)
Click to Enlarge Name: 16953186847307925119669293860096.jpg Size: 4.5 MB
People don't plan to lose. They lose because they don't plan.
Quoting ScalaFX
{quote} partials taken, protected, loss covered plus some shekels
26670 closing here all, I must control my greed
People don't plan to lose. They lose because they don't plan.
Quoting Coreg2004
{quote} Bones, as of right now we need to find the end of C/ or wave 3. I changed the tactics and used the channel b/c we might deal with ending diagonal formation. {image}
Thanks yeah, I would think its a 3, maybe next week the retrace
#doyourownanalysisordietryin
just came back to the terminal

i am going to scalp with small lot size:

M5
2298
10 pips

then if M15 breaks 2284:
Let it ride

could ofcourse not pan out
in wondering about yourself, you forgot what you came here to be part of
Quoting ScalaFX
{quote}I know you know normal and ft {image}
exactly ..


Your broker let you trade not a future contract?

PS mt4 must update the app for ipad its sucks.
Quoting Whale
{quote} exactly .. Your broker let you trade not a future contract? PS mt4 must update the app for ipad its sucks.
yes, I can choose. Mt4 Ipad app sucks but I switch to mt4 from Fxpro Ctrader becouse is more simply and I have all my accounts there and I can switch all brokers and accounts
People don't plan to lose. They lose because they don't plan.
your system works its just market condition that change sometimes...


keep a good risk reward
PLAN YOUR RISK & REWARD BEFORE INVEST
a daily close above 2332 and ill go long and hold thru next week


if daily close under that will short bounces tomoro but im done for today
stay with the 5% contrarians not the 95% losers
Quoting Waveskierrob
{quote} you can still compound you lot sizes just takes more time...

that is something I need to try…
I think the weekly will print 3 identical crows, like this example
and the chart I posted earlier
it's the bodies that are identical.(Real-Life =Roughly)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot 2023-09-21 at 19.12.45.png Size: 81 KB
Click to Enlarge Name: Screenshot 2023-09-21 at 12.23.16.png Size: 21 KB
#doyourownanalysisordietryin
Quoting BeeTogether
{quote} that is something I need to try…
I should start compounding but exchange big profit for stress free trading...
Soon To Be Temporarily Suspended Again
48 traders viewing now, 4 are members:
,
mallee
,
,