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Cable Update (GBPUSD)

  • #777,521
  • Sep 22, 2023 9:38am Sep 22, 2023 9:38am
Quoting BrainBucks
{quote} More like there's a lesson in every "blow." But really though sorry about that. Just gotta dust yourself up and try again.
It was too early to blow, I started a month ago and blown it. Currently feeling too low to cope with that. Yesterday, I made a huge loss. Today, I recovered that all with 2 newses. Now with USD, I blown it.
Secret to the Price Action is Liquidity.
  • #777,522
  • Sep 22, 2023 9:49am Sep 22, 2023 9:49am
I think this is done for the day. It will just range here until Monday/Tuesday 4hr. I expect a correction up to 1.25-1.26. We will see.
Lost....
  • #777,523
  • Sep 22, 2023 9:52am Sep 22, 2023 9:52am
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Move with the trades baby lol . Pp on 3 longs posted befor it could be a sign of shorts but not yet as you can see I had covered them
  • #777,524
  • Sep 22, 2023 9:53am Sep 22, 2023 9:53am
Quoting iusman23
{quote} It was too early to blow, I started a month ago and blown it. Currently feeling too low to cope with that. Yesterday, I made a huge loss. Today, I recovered that all with 2 newses. Now with USD, I blown it.

this should teach you not to listen to seniors if this episode doesnt teach you anything else they dont know anymore than you do...they just know the jargon to sound intelligent

never follow the majority in this room or on the website ...if 95% end up being losers than dont join the majority opinion LOL

best advice i can give you is take time and learn for yourself...i always go against consensus...i dont always win but win more than if i joined the majority

good luck
short trump and go long the deepstate
  • #777,525
  • Sep 22, 2023 9:53am Sep 22, 2023 9:53am
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #777,526
  • Sep 22, 2023 9:56am Sep 22, 2023 9:56am
i think the magnet 2257 is beckoning
trying a short for 10 pips from 2267
in wondering about yourself, you forgot what you came here to be part of
  • #777,527
  • Sep 22, 2023 9:59am Sep 22, 2023 9:59am
Quoting Zebi
{quote} this should teach you not to listen to seniors if this episode doesnt teach you anything else they dont know anymore than you do...they just know the jargon to sound intelligent never follow the majority in this room or on the website ...if 95% end up being losers than dont join the majority opinion LOL best advice i can give you is take time and learn for yourself...i always go against consensus...i dont always win but win more than if i joined the majority good luck
Not listening to anyone, just cannot figure out how to properly use SL, I hit it again and again, and later price move to my tp target.
Secret to the Price Action is Liquidity.
  • #777,528
  • Sep 22, 2023 9:59am Sep 22, 2023 9:59am
Quoting iusman23
{quote} It was too early to blow, I started a month ago and blown it. Currently feeling too low to cope with that. Yesterday, I made a huge loss. Today, I recovered that all with 2 newses. Now with USD, I blown it.
You've gotta find a way to put that feeling away and embrace only the lesson learned, cos there's gotta be at least one which you can pinpoint as the main reason why you messed up. In the long run, that lesson will make you a whole lot more money than the "tuition" you just paid today.
Inserted Video
  • #777,529
  • Sep 22, 2023 10:00am Sep 22, 2023 10:00am
Quoting Bones
{image}

it can also
mean a change is coming ?
MY OPINION NOT FINANCIAL ADVISE
  • #777,530
  • Sep 22, 2023 10:02am Sep 22, 2023 10:02am
Quoting Zebi
{quote} this should teach you not to listen to seniors if this episode doesnt teach you anything else they dont know anymore than you do...they just know the jargon to sound intelligent never follow the majority in this room or on the website ...if 95% end up being losers than dont join the majority opinion LOL best advice i (or anyone else) can give you is take time and learn for yourself...i always go against consensus...i...
Edits above
  • #777,531
  • Sep 22, 2023 10:02am Sep 22, 2023 10:02am
I watch several move to pass by . My job is to find my setup and take action.
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MY OPINION NOT FINANCIAL ADVISE
  • #777,532
  • Sep 22, 2023 10:03am Sep 22, 2023 10:03am
Quoting knkie
i think the magnet 2257 is beckoning trying a short for 10 pips from 2267
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possibly
  • #777,533
  • Sep 22, 2023 10:05am Sep 22, 2023 10:05am
Quoting donfriday
{quote} it can also mean a change is coming ?
maybe retrace next, but the pattern is V-strong even though it's not at a top, then we have monthly
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #777,534
  • Sep 22, 2023 10:07am Sep 22, 2023 10:07am
Quoting iusman23
{quote} Not listening to anyone, just cannot figure out how to properly use SL, I hit it again and again, and later price move to my tp target.
A SL should imply that your hypothesis was invalid.
But if your TP was hit, your hypothesis was actually very valid.
This means that you have look at levels on the chart that clearly invalidate your trade for the SL placement.
In fact, one would almost expect it to be possible to place a reverse stop order instead of a SL to hedge.
in wondering about yourself, you forgot what you came here to be part of
  • #777,535
  • Sep 22, 2023 10:09am Sep 22, 2023 10:09am
GU Last Sell entry....Protected.
Target- 1.2189.
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Intraday Trading is an Art _ hoda
  • #777,536
  • Sep 22, 2023 10:11am Sep 22, 2023 10:11am
Quoting elbert3
{quote} {image} possibly
half way there
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in wondering about yourself, you forgot what you came here to be part of
  • #777,537
  • Sep 22, 2023 10:13am Sep 22, 2023 10:13am
Quoting iusman23
{quote} Not listening to anyone, just cannot figure out how to properly use SL, I hit it again and again, and later price move to my tp target.
Just a couple of thoughts.
If you keep hitting your SL, are you really picking the best entry point?

If you check out the current price action and the sentiment of traders on the TRADES page of FF, you will see an obvious divergence right now.
  • #777,538
  • Sep 22, 2023 10:14am Sep 22, 2023 10:14am
we have a little doji on the 5 min , possible case 1 ,, we are just on a pull back on the 5 min chart,,2 if so possible 2360 could be next weeks long target ,,3 test the doji, and onto 2222 ,,4 pass then we could be looking at our golden 2150/20 are ...so notes all of the time
  • #777,539
  • Sep 22, 2023 10:14am Sep 22, 2023 10:14am
Quoting hoda
GU Last Sell entry....Protected. Target- 1.2189. {image}

I have set alarm I am
looking for next leg up before I sell but if I don’t get it then next week
MY OPINION NOT FINANCIAL ADVISE
  • #777,540
  • Sep 22, 2023 10:15am Sep 22, 2023 10:15am
Quoting iusman23
First funded account blown right now.
How? Your trade entry was good. At which price did you enter? 1.225 right? You were up probably around 20 pips. If you're up 20 pips you either (if you're scalper) take profit or you put your SL at entry (BE=Break Even), so if the price retraces or reverses, you can't lose. You also said you saw something at 1.223 and you would be correct! So, your entries and exits aren't bad, it's trade management and money management that is. Not the first nor the last account blown up... hope to see you soon!
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