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Cable Update (GBPUSD)

  • #779,341
  • Oct 2, 2023 5:10am Oct 2, 2023 5:10am
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State of play if it takes the pp I will sell a bit higher it might go back to las SR
  • #779,342
  • Oct 2, 2023 5:12am Oct 2, 2023 5:12am
Quoting DrDave
{quote} Next weekend, I’m getting married. Why would you be trading ANY days next week??????
to avoid getting bored after completing preparations.
Secret to the Price Action is Liquidity.
  • #779,343
  • Oct 2, 2023 5:13am Oct 2, 2023 5:13am
Why Price Action is slow today?
Secret to the Price Action is Liquidity.
  • #779,344
  • Oct 2, 2023 5:24am Oct 2, 2023 5:24am
Quoting eyefeelsix
{quote} Whichever is the first, I will take it #choppy 4th wave {image}

and yes he came, 10p sl No need to worry

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https://breakpullback.com
  • #779,345
  • Oct 2, 2023 5:25am Oct 2, 2023 5:25am
...downside follow-thru on last 1hr close - a bearish thrust candle, and the prev 1hr/4hr sw hi zone = pres res = pot rbs, (that was twice tested and held as res,) stems the drop for now @ the steepest 4hr asc t/line. 73% of 30day adr traveled so far today.

1hr below
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Trader with an Edge.
  • #779,346
  • Oct 2, 2023 5:30am Oct 2, 2023 5:30am
Quoting fontu
{quote} short cut writing breakout ! testing pullback , waiting for confirmation 2175 breaks and hold for low targets as also eu . so breaks and hold needed previous low ! anyway breaks 2175 /4 lows to bounce might have cause more turmoils ,take care {image}
Though I done for morning session, just checking pa before sleep, little correct to targets play likely by 1 hour or less. Targets as seen, may 2130, 2100. If so the eu and hold too contnue ranking! Lets see what in the evening
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #779,347
  • Oct 2, 2023 5:32am Oct 2, 2023 5:32am
anyone else got pending order at 1.21? hope it gets filled
  • #779,348
  • Oct 2, 2023 5:34am Oct 2, 2023 5:34am
Quoting Moty
You shell not drop below 1.21547
Let's go
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yes yes yes
  • #779,349
  • Oct 2, 2023 5:38am Oct 2, 2023 5:38am
NOW is when we start buying
2162
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in wondering about yourself, you forgot what you came here to be part of
  • #779,350
  • Oct 2, 2023 5:46am Oct 2, 2023 5:46am
Quoting Moty
You shell not drop below 1.21547
I have sell: 1.21730
SL: 1.22214
TP: 1.21306
  • #779,351
  • Oct 2, 2023 5:49am Oct 2, 2023 5:49am
Quoting Headland
{quote} Hi. Lol, I do use abbreviations. The key to those (that I have posted before) is below. I won't be changing this. There is a graphic on the left-hand side of my profile page under the 'picture' heading here that explains the charts I post. Key: Referring to support or resistance; Sbr = support becomes resistance Rbs = resistance becomes support Supp = support Res = resistance Pot = potential Prev = previous Referring to 3 candle fractals; Sw = swing Lo = low Hi = high H = fractal swing hi L = fractal swing lo LL = fractal swing lower lo...

Thanks a lot mate, that really helps
  • #779,352
  • Oct 2, 2023 5:50am Oct 2, 2023 5:50am
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #779,353
  • Oct 2, 2023 5:51am Oct 2, 2023 5:51am
Quoting JereMi256
{quote} Stopped out!
Re-entry Long

SL & TP pending...
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Face 'ur fears & tame 'ur greed
  • #779,354
  • Oct 2, 2023 5:55am Oct 2, 2023 5:55am
Can anyone explain to me, how most of the strategies that i start using, fail at the first time i am using it , after numerous successefull good hits ?
There is a second signal that failed
Am i the unlucky man on earth ?
I am still off course,you shell not stop me mf
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yes yes yes
  • #779,355
  • Oct 2, 2023 5:59am Oct 2, 2023 5:59am
Quoting T721
GU THOUGHTS ---- Be careful out there, dont mean it will happen {image}
GU UPDATE --- careful if you are following
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  • #779,356
  • Oct 2, 2023 6:00am Oct 2, 2023 6:00am
Quoting Moty
Can anyone explain to me, how most of the strategies that i start using, fail at the first time i am using it , after numerous successefull good hits ? There is a second signal that failed Am i the unlucky man on earth ? I am still off course,you shell not stop me mf {image}
I don't have all the answers but you are always trading the lower TF which can really turn against you for no reason at all regardless of whatever indicator you are using.
Start with the weekly, then work your way down to the H1 TF for and order entry.
Lost....
  • #779,357
  • Oct 2, 2023 6:08am Oct 2, 2023 6:08am
Quoting Moty
Can anyone explain to me, how most of the strategies that i start using, fail at the first time i am using it , after numerous successefull good hits ? There is a second signal that failed Am i the unlucky man on earth ? I am still off course,you shell not stop me mf {image}
Just my view moty---
I started using indicators after seeing your first post where u used supertrend, trend line with breaks & UT bot.

I used some cleaner versions of those indicators & I only kept on adding supporting indicators like volume, double macd, advanced rsi, the next pivot to remove the noise on the buy, sell signals- given by supertrends nd all. & it earlier I used to take 6 to 8 scalps a day, now I take only 2 scalps with these indicators & it gives me clean 25 to 30 pips.

I think you don't stick to one set of indicators, u change it every day

Use a set of indicators, make them your core indicators & just keep on adding supporting indicators to clarify or filter out the signal of core indicators
  • #779,358
  • Oct 2, 2023 6:08am Oct 2, 2023 6:08am
Quoting Moty
Can anyone explain to me, how most of the strategies that i start using, fail at the first time i am using it , after numerous successefull good hits ? There is a second signal that failed Am i the unlucky man on earth ? I am still off course,you shell not stop me mf {image}
Because your strategies don't consider that a smaller TF is simply a zoomed-in look at higher TFs. Therefore, the retracements of the smaller TF APPEAR to be important, even reversals, when in fact, ON the larger TF, they amount to little more than a sideways pause in its move.

It is likely that if you would have checked H4, or even H1 that you would have seen your Hull Oscillator showing down, not up, and your M5 signal a retracement up, not a reversal up.
To free Gazans of Hamas, use whatever it takes.
  • #779,359
  • Oct 2, 2023 6:09am Oct 2, 2023 6:09am
Quoting JereMi256
{quote} Re-entry Long SL & TP pending... {image}
SL 1.2134
Face 'ur fears & tame 'ur greed
  • #779,360
  • Oct 2, 2023 6:18am Oct 2, 2023 6:18am
Quoting Moty
Can anyone explain to me, how most of the strategies that i start using, fail at the first time i am using it , after numerous successefull good hits ? There is a second signal that failed Am i the unlucky man on earth ? I am still off course,you shell not stop me mf {image}
I believe the political factors and uncertainty currently have a more powerful influence on the market to the point it is distorting the flow according to established normal analysis to date, especially on the lower TFs and making them more "noisy" than normal!
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