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Cable Update (GBPUSD)

  • #781,101
  • Oct 6, 2023 7:43am Oct 6, 2023 7:43am
Quoting zuko
{quote} Fantastic ability to get out of such situations If this is not poor luck, then you will be rich very soon
this is not luck
1.21547 was a support
i maximize the profit out of it
it could not hold and then i would need to deposit again
yes yes yes
  • #781,102
  • Oct 6, 2023 7:43am Oct 6, 2023 7:43am
ABC… easy as 123?
  • #781,103
  • Oct 6, 2023 7:44am Oct 6, 2023 7:44am
Quoting Elysion
{quote} In before Biden speaks and it crashed. But be hopeful that gold recovers. $$$
My view is for next week. Today it should close around 1835 and then by end of next week 1880. Every dip is buying opportunity. (BUY ON DIPS)
  • #781,104
  • Oct 6, 2023 7:45am Oct 6, 2023 7:45am
Quoting Moty
{quote} maybe at 1.22700 {image} {image}
maybe.. I follow trend not wishes.
  • #781,105
  • Oct 6, 2023 7:46am Oct 6, 2023 7:46am
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Chased it up . You kick yourself because you let your longs before we’re taken out and that one I let run wel looks close to flip will it go to 2240 end the week and back down
  • #781,106
  • Oct 6, 2023 7:47am Oct 6, 2023 7:47am
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  • #781,107
  • Oct 6, 2023 7:55am Oct 6, 2023 7:55am
this is how fridays are up and down
  • #781,108
  • Oct 6, 2023 7:56am Oct 6, 2023 7:56am
what is the best risk reward?

1:1
1:2
1:3
1:4
1:5?


this are the most common RR used by traders
MY OPINION NOT FINANCIAL ADVISE
  • #781,109
  • Oct 6, 2023 7:56am Oct 6, 2023 7:56am
Quoting Elysion
Oh Biden speaking in about an hour, I'll close my trades before he speaks. Who knows whatever "spewed out" from his mouth moved the market. :/
Or if he has another X seconds "stare off into space" with same effect.
To free Gazans of Hamas, use whatever it takes.
  • #781,110
  • Oct 6, 2023 7:58am Oct 6, 2023 7:58am
looks no 2nd chance to get any free, if able get 2219 then 2271 likely target ,. still not happen so bo again and again will scalp only !! after 2202 , now bo 2189 . will look for 2169 again !
Attached Image(s) (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #781,111
  • Oct 6, 2023 8:01am Oct 6, 2023 8:01am
Attached Image (click to enlarge)
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yes yes yes
  • #781,112
  • Oct 6, 2023 8:03am Oct 6, 2023 8:03am
Quoting donfriday
what is the best risk reward? 1:1 1:2 1:3 1:4 1:5? this are the most common RR used by traders
1:1.5
yes yes yes
  • #781,113
  • Oct 6, 2023 8:05am Oct 6, 2023 8:05am
Quoting donfriday
what is the best risk reward? 1:1 1:2 1:3 1:4 1:5? this are the most common RR used by traders
10:1
  • #781,114
  • Oct 6, 2023 8:08am Oct 6, 2023 8:08am
Quoting donfriday
what is the best risk reward? 1:1 1:2 1:3 1:4 1:5? this are the most common RR used by traders
None of them. Because when you trade 1:5 your expectation for winning is also dropping. It is a hoax to think if I use a big R:R ratio my outcome will be better. I found no stats which provs that - except for normal deviation. Most people have to trade high R:R's because of the high spread. I like to trade 1:1 R's or even lower.
  • #781,115
  • Oct 6, 2023 8:10am Oct 6, 2023 8:10am
Quoting Wavegarrick
{quote} Buy trade just below 1.21165. Will cut the trade with a solid 4hr break and close below 1.21000. Cheers. {image}
Buy trades still on for me for a target of 1.23408. A 4hr close above 1.22000 and specifically a weekly close above 1.2200 helpful.
Cheers.
Attached Image (click to enlarge)
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Trade to trade another day
  • #781,116
  • Oct 6, 2023 8:11am Oct 6, 2023 8:11am
Quoting Whale
{quote} 10:1

what will be ur common sl?

mine is 25pips sl fixed on my lots and balance %
MY OPINION NOT FINANCIAL ADVISE
  • #781,117
  • Oct 6, 2023 8:12am Oct 6, 2023 8:12am
usdx reaction was not steady but still given the singal . upper wicks may next be covered to have better picture to come now level for last time ok . lets see
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #781,118
  • Oct 6, 2023 8:12am Oct 6, 2023 8:12am
Quoting Wavegarrick
{quote} Buy trades still on for me for a target of 1.23408. A 4hr close above 1.22000 and specifically a weekly close above 1.2200 helpful. Cheers. {image}

how much is the swap now on ur Buy from 1.12 last year?
MY OPINION NOT FINANCIAL ADVISE
  • #781,119
  • Oct 6, 2023 8:14am Oct 6, 2023 8:14am
Quoting donfriday
{quote} what will not be ur common sl? mine is 25pips sl fixed on my lots and balance %
it’s depend on the trend and the size.

usually I don’t like to go for a lot of pips and use big size for less pips.

this is the truth, not smarty but I use it a lot.
  • #781,120
  • Oct 6, 2023 8:20am Oct 6, 2023 8:20am
Quoting Zebi
{quote} youre probably right but if thats the real number and bulls stampedeing like this means a trend turn up i just hope it quiets the bears down LOL
D1 has turned up. For day traders, even if it might be a retracement to even higher TFs, that still puts a lot of up bias, especially on TFs below H4.
To free Gazans of Hamas, use whatever it takes.
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