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Cable Update (GBPUSD)

  • #777,961
  • Sep 26, 2023 1:30am Sep 26, 2023 1:30am
First TP target 1.220*, if it goes through. I'll add another long.
Secret to the Price Action is Liquidity.
  • #777,962
  • Sep 26, 2023 1:32am Sep 26, 2023 1:32am
Stops currently at breakeven, took 50% off hoping to see abit of a pullback then more downwards pressure.
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  • #777,963
  • Sep 26, 2023 1:32am Sep 26, 2023 1:32am
-21% DD now I'm mad

This is a live example of conviction. Can't cure it but have to deal with it.
How to succeed in zero sum game?
  • #777,964
  • Sep 26, 2023 1:32am Sep 26, 2023 1:32am
Quoting Fardeen1209
The supermarket mentality lose again. "the market is oversold, price is a good bargain/discount, lets buy it" "the market is overbought, price at a premium, lets sell it" Meanwhile they were betting against structure "IN HOPE" of catching a reversal. I also did that, lose lots of money, patience and energy. Now I buy high, sell higher or Sell Low buy back Lower as long as Structure is not broken
you know what, as long market offers you a "cheap" price, psychologically your mind sees opportunity to buy, aaccording that silly and common rule of "sell high-buy low". But parodoxcally, there s no absolute high or low in the market, as for example some years ago we have seen on oil, when it has gone even in negative value. When prices falls like in this way as for cable now, fear comes in a not well trained mind, so even if it s wrong instead to followtrough the trend is more probable that mind will induce ou to counter it, and lose money.
Of course "you" is impersonal
chaos is just unknown order
  • #777,965
  • Sep 26, 2023 1:33am Sep 26, 2023 1:33am
If you have a hard time trying to catch bottom on cable, move to UJ.
You can almost turn every M5 oscillator oversold into gold
Don't mind me.. i'm crazy
  • #777,966
  • Sep 26, 2023 1:33am Sep 26, 2023 1:33am
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Banked 3 trades watch back to the ema
  • #777,967
  • Sep 26, 2023 1:41am Sep 26, 2023 1:41am
UJ close to sell area, pendings all the way from 149.50 to 150, maybe add some more, will be watching, so GU can slide some more to 2150 2100 where is my buy area, medium term trades
People don't plan to lose. They lose because they don't plan.
  • #777,968
  • Sep 26, 2023 1:42am Sep 26, 2023 1:42am
Here is a trading curveball!
US Government is going to stop publishing data because their funding is getting cut off.
How will the market react to news releases with no news?
  • #777,969
  • Sep 26, 2023 1:43am Sep 26, 2023 1:43am
Quoting KareemAliFx
GU looking primed for more bloodshed . All about sells
absolute mad pips on the GBPUSD shorts and USDCAD buys . Going to bed and letting it run, stop loss in profit .
Master your mind. Master Trading.
  • #777,970
  • Sep 26, 2023 1:43am Sep 26, 2023 1:43am
Quoting iusman23
First TP target 1.220*, if it goes through. I'll add another long.
SL hit, it came back just to hit my SL, :V
Secret to the Price Action is Liquidity.
  • #777,971
  • Sep 26, 2023 1:46am Sep 26, 2023 1:46am
Quoting iusman23
{quote} SL hit, it came back just to hit my SL, :V
There was no buy signal on the 5 min chart that I saw form PA.
  • #777,972
  • Sep 26, 2023 1:47am Sep 26, 2023 1:47am
Quoting KareemAliFx
{quote} absolute mad pips on the GBPUSD shorts and USDCAD buys . Going to bed and letting it run, stop loss in profit .
are you sure you aren’t reading my mind ???? Lol
  • #777,973
  • Sep 26, 2023 1:47am Sep 26, 2023 1:47am
Free fallling!!! Lol
  • #777,974
  • Sep 26, 2023 1:49am Sep 26, 2023 1:49am
Quoting dantpm
{quote} There was no buy signal on the 5 min chart that I saw form PA.
YEah, I missed that.
Secret to the Price Action is Liquidity.
  • #777,975
  • Sep 26, 2023 1:50am Sep 26, 2023 1:50am
Quoting ninner
Free fallling!!! Lol
25 pips thats freefalling?
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #777,976
  • Sep 26, 2023 1:58am Sep 26, 2023 1:58am
Market doesn't appear to like that 70% long sentiment in GU.
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  • #777,977
  • Sep 26, 2023 2:00am Sep 26, 2023 2:00am
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Don’t be greedy be smart . Move the tp because you can pull down you stop or tp and squeeeezzze more profit
  • #777,978
  • Sep 26, 2023 2:04am Sep 26, 2023 2:04am
Quoting Luxyus
{quote} you know what, as long market offers you a "cheap" price, psychologically your mind sees opportunity to buy, aaccording that silly and common rule of "sell high-buy low". But parodoxcally, there s no absolute high or low in the market, as for example some years ago we have seen on oil, when it has gone even in negative value. When prices falls like in this way as for cable now, fear comes in a not well trained mind, so even if it s wrong instead to followtrough the trend is more probable that mind will induce ou to counter it, and lose money....
Very well said
More time in the market, does not mean you trade better!
  • #777,979
  • Sep 26, 2023 2:06am Sep 26, 2023 2:06am
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yes yes yes
  • #777,980
  • Sep 26, 2023 2:07am Sep 26, 2023 2:07am
Quoting ScalaFX
UJ close to sell area, pendings all the way from 149.50 to 150, maybe add some more, will be watching, so GU can slide some more to 2150 2100 where is my buy area, medium term trades
Morning, UJ seeking 15194 area first
Weakening oil in process.
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