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New Cable Thread & Other Pairs

  • #441
  • Sep 24, 2023 11:00pm Sep 24, 2023 11:00pm
Quoting pipfarm
USDCAD again entry long not confirmed yet but we could be seeing a fractal copy of the last swing up. {image}

Looks like it has started a new swing up
Follow The Markets Structure - Patience and Discipline
  • #442
  • Sep 24, 2023 11:01pm Sep 24, 2023 11:01pm
Quoting pipfarm
USDSWISS {image}

Made the fractal copy , correct trade
Follow The Markets Structure - Patience and Discipline
  • #443
  • Sep 25, 2023 2:52am Sep 25, 2023 2:52am
On the new chart, the short-term RSI of the pound/dollar is developing below. Is a backlash coming soon? Short positions must be closed and wait for the RSI to rebound.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD(H1)_2023.09.25_184924.jpg Size: 115 KB
  • #444
  • Sep 25, 2023 3:02am Sep 25, 2023 3:02am
The pound yen is waiting for the RSI to come back down from the mountain like the high price on the left.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY(H1)_2023.09.25_185853.jpg Size: 118 KB
  • #445
  • Sep 25, 2023 3:40am Sep 25, 2023 3:40am
Bullish butterfly pattern on EJ forming?
Ratios are close to perfection.
Attached Image (click to enlarge)
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  • #446
  • Sep 25, 2023 4:44am Sep 25, 2023 4:44am
I am in a short position in the pound yen. The first one was too early because I shorted M15. The latter two were entered after the RSI fell at H1.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY-cd(H1)_2023.09.25_203743.jpg Size: 122 KB
  • #447
  • Sep 25, 2023 5:07am Sep 25, 2023 5:07am
The pound yen short was settled successfully.
There were two RSI crosses, the first return, and three good short points with red circles. The pound-dollar movement is almost the same.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY-cd(M5)_2023.09.25_210322.jpg Size: 112 KB
  • #448
  • Sep 25, 2023 12:53pm Sep 25, 2023 12:53pm
Update on the trades i posted friday

audusd has moved down but not strongly - patience with this one
usdcad - again has move up but not strongly
usdchf has move some 70 pips up
gbpchf has move 34 pips up
usdjpy moved up some 70 pips
uk100 move nearly 100 pips so here is the winner so far

overall no a bad result

and this was just a sample of the trades i made , there were plenty more today with very good results
Follow The Markets Structure - Patience and Discipline
  • #449
  • Sep 25, 2023 1:12pm Sep 25, 2023 1:12pm
Hello friends, facing a serious issue with SL hitting again and again. I analyzed price movement every single time accurately but SL hits it. I have loss of $123 and cannot find out where I am mistaken. Till I see the price reversal, it's too late for to set a SL and if place it, I get more loss. Any specific advice or guidance to avoid this?
Secret to the Price Action is Liquidity.
  • #450
  • Sep 25, 2023 1:20pm Sep 25, 2023 1:20pm
Quoting iusman23
Hello friends, facing a serious issue with SL hitting again and again. I analyzed price movement every single time accurately but SL hits it. I have loss of $123 and cannot find out where I am mistaken. Till I see the price reversal, it's too late for to set a SL and if place it, I get more loss. Any specific advice or guidance to avoid this?
Best thing to do, go review your trades and try to find these symptoms. If have go book an appointment with a forex doctor i.e. take a break from trading for few days. Rejoin once you feel relaxed and do the analysis again and fix the gaps.

1. lack of patience
2. Did you over traded
3. Revenge trading after SL hit
4. position sizes too large
5. FOMO
If you believe in yourself anything is possible !!
  • #451
  • Sep 25, 2023 1:23pm Sep 25, 2023 1:23pm
Quoting imifx
{quote} Best thing to do, go review your trades and try to find these symptoms. If have go book an appointment with a forex doctor i.e. take a break from trading for few days. Rejoin once you feel relaxed and do the analysis again and fix the gaps. 1. lack of patience 2. Did you over traded 3. Revenge trading after SL hit 4. position sizes too large 5. FOMO
How higher positions affect SL hitting? Due to spread?
Secret to the Price Action is Liquidity.
  • #452
  • Sep 26, 2023 12:35am Sep 26, 2023 12:35am
Quoting pipfarm
Update on the trades i posted friday audusd has moved down but not strongly - patience with this one usdcad - again has move up but not strongly usdchf has move some 70 pips up gbpchf has move 34 pips up usdjpy moved up some 70 pips uk100 move nearly 100 pips so here is the winner so far overall no a bad result and this was just a sample of the trades i made , there were plenty more today with very good results
Here we go usdcad and aususd trades moving nicely giving 100% trade score
Follow The Markets Structure - Patience and Discipline
  • #453
  • Sep 26, 2023 2:34am Sep 26, 2023 2:34am
Today I am being stepped on by GA.
All you have to do is simply short GU and AU.
Did you want to see a mountain you've never climbed?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUD-cd(H1)_2023.09.26_182811.jpg Size: 126 KB
  • #454
  • Sep 26, 2023 3:16pm Sep 26, 2023 3:16pm
I hope everything is good with
Quote
@T721
If you believe in yourself anything is possible !!
  • #455
  • Sep 26, 2023 3:17pm Sep 26, 2023 3:17pm
Quoting iusman23
{quote} How higher positions affect SL hitting? Due to spread?
It doesn't affect the SL hunting, its drain the exposure and your phycology
If you believe in yourself anything is possible !!
  • #456
  • Edited 9:47pm Sep 26, 2023 9:11pm | Edited 9:47pm
Quoting imifx
I hope everything is good with {quote}
Thanks, everything good. Im in Cannes Sth France probably be here till end of year then have to go back to Cannes mid January. Cant post charts right now only have phone on me but probably get a mac laptop
  • #457
  • Sep 26, 2023 10:58pm Sep 26, 2023 10:58pm
Business or pleasure, Mr. T?
  • #458
  • Sep 27, 2023 12:27am Sep 27, 2023 12:27am
Quoting Lenart
Business or pleasure, Mr. T?
Both but more business end

GU nothing bullish yet but might not be too far away
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  • #459
  • Sep 27, 2023 1:54am Sep 27, 2023 1:54am
My view on GU (repost of a picture, PA going along so far):
Attached Image (click to enlarge)
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  • #460
  • Sep 27, 2023 4:06am Sep 27, 2023 4:06am
GU UPDATE --- Liquidity zone if we drop more..... Had to borrow Hotels computer
Attached Image(s) (click to enlarge)
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