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Cable Update (GBPUSD)

  • #781,161
  • Oct 6, 2023 11:16am Oct 6, 2023 11:16am
its extreme . ok , watching signal 2240 , bo at 2236 for limit 2210 play probable . take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #781,162
  • Oct 6, 2023 11:17am Oct 6, 2023 11:17am
Quoting elbert3
{quote} are you commercial???
No I'm not. Just a sad retail trader who's trying to trade consistently again and maybe fund a prop firm account.

I've traded for 2 years and currently my whole journey is still in negative due to heavy losses in the early days because of
1) Lack of knowledge & experience (Improved a lot after joining this thread in the early days especially when people like Coreg, WizardTrade, PatChiko and etc. posts their charts for analysis and discussions)
2) Relied tooooooo heavily on indicators only and not understanding PA (I jumped from strategies to strategies back then like Moty HAHAHAHAHA)
3) Followed other ppl's signal blindly
4) Too greedy
Exhausted
  • #781,163
  • Oct 6, 2023 11:17am Oct 6, 2023 11:17am
Quoting Moty
900 $ Can I make it 1000 before weekend? {image}
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  • #781,164
  • Oct 6, 2023 11:17am Oct 6, 2023 11:17am
Quoting T721
{quote} Dont get too GREEDY Moty, one shit trade can give it all back . sometimes we gotta be happy with what we get
Exactly, Moty reminds me of the greedy me that always give back profits into the market xD
Exhausted
  • #781,165
  • Oct 6, 2023 11:18am Oct 6, 2023 11:18am
Quoting kenny4real
I made money today...Thank you Jesus
i made pips


i only made money when i received in my bank account
MY OPINION NOT FINANCIAL ADVISE
  • #781,166
  • Oct 6, 2023 11:19am Oct 6, 2023 11:19am
Quoting Elysion
{quote} Exactly, Moty reminds me of the greedy me that always give back profits into the market xD
We have all been there, even me. But after getting a serious asskicking time after time we EVENTUALLY learn
  • #781,167
  • Oct 6, 2023 11:21am Oct 6, 2023 11:21am
Quoting Elysion
{quote} No I'm not. Just a sad retail trader who's trying to trade consistently again and maybe fund a prop firm account. I've traded for 2 years and currently my whole journey is still in negative due to heavy losses in the early days because of 1) Lack of knowledge & experience (Improved a lot after joining this thread in the early days especially when people like Coreg, WizardTrade, PatChiko and etc. posts their charts for analysis and discussions) 2) Relied tooooooo heavily on indicators only and not understanding PA (I jumped from strategies...
Lets do zoom if you have time when i get back. Prolly around Christmas
  • #781,168
  • Oct 6, 2023 11:22am Oct 6, 2023 11:22am
Quoting T721
{quote}Lets do zoom if you have time when i get back. Prolly around Christmas
Mmm hmm, speaking of Zoom. We were talking about it since last year and haven't actually had one. HAH
Exhausted
  • #781,169
  • Oct 6, 2023 11:23am Oct 6, 2023 11:23am
Quoting Bones
it looks like it is time to chuck another Phantom-Long-On, however, I don't recommend it because the weekly is bearish and that was another fail to break up. {image}
what now?

3 up candles on h1


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and clear bear trap on h4
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trading is like dancing, don't think and just listen to the music!
  • #781,170
  • Oct 6, 2023 11:24am Oct 6, 2023 11:24am
Quoting elbert3
{quote} did you sell
off course i sold
eu got to 1.06000
and 1.22700 iks res , if it went up more i would add there
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yes yes yes
  • #781,171
  • Oct 6, 2023 11:27am Oct 6, 2023 11:27am
Quoting Elysion
{quote} Mmm hmm, speaking of Zoom. We were talking about it since last year and haven't actually had one. HAH
Maybe zoom over weekend if you want. Just bought a mac laptop and only need to install zoom tonight or tomorrow. Anyway let me know pal
  • #781,172
  • Oct 6, 2023 11:28am Oct 6, 2023 11:28am
ok gentlemen and the peanut gallery of sniping bears

this my weekly chart

if prices closes today above 2236 at the red line thats sept 18 weekly candle close ...will sure as shit go to the black and the blue line before falling again

i dont know if it will happen next week or three more weeks and im long term bearish just not now LOL
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short trump and go long the deepstate
  • #781,173
  • Oct 6, 2023 11:29am Oct 6, 2023 11:29am
Quoting Moty
{quote} off course i sold eu got to 1.06000 and 1.22700 iks res , if it went up more i would add there {image}
I would suggest exiting shorts soon. I think we can still extend a little bit only reverse.
If not then ranging is a possibility.


Just suggestion, but don't get trapped there.
Exhausted
  • #781,174
  • Oct 6, 2023 11:29am Oct 6, 2023 11:29am
Quoting Elysion
{quote} Let's see if I can actually give you an explanation that you need. What I can provide you for now is my system includes a few indicators of such: 1) Moving Average Exponential, (20 and 60) for trend following and potential targets areas during mean reversion/retracement/correction wave 2) Bollinger Bands (10, 2.0) 3) TDI Setup (RSI: 12, MA2 expo, MA7 simple, BB 34 1.619, MA34 simple. (This is my key indicator) 4) Stochastic (9,2,3) to support TDI on showing certain Divergence that TDI fails to generate. 5) Support and Resistance / Supply...
Elysion, thanks. Very nice you have a system. I have some similar elements in my plan although I dropped indicators some time ago, but it's nothing wrong with using them. For futures trading, I still have a template with 34 EMAvg.
Always trade your own plan...I don't provide trading signals.
  • #781,175
  • Oct 6, 2023 11:33am Oct 6, 2023 11:33am
Quoting T721
{quote} Maybe zoom over weekend if you want. Just bought a mac laptop and only need to install zoom tonight or tomorrow. Anyway let me know pal
I'm on a new job now so probably kinda busy these days but I think we can have one next month if you're available.
Exhausted
  • #781,176
  • Oct 6, 2023 11:37am Oct 6, 2023 11:37am
Round numbers is the best support and resistance add with structure
MY OPINION NOT FINANCIAL ADVISE
  • #781,177
  • Oct 6, 2023 11:37am Oct 6, 2023 11:37am
Quoting Elysion
{quote} I'm on a new job now so probably kinda busy these days but I think we can have one next month if you're available.
No probs pal. I will be doing zoom tonight at 8.30pm France time with Kingdomcable you can jump in if your not at work... Just need to install zoom
  • #781,178
  • Oct 6, 2023 11:37am Oct 6, 2023 11:37am
Quoting Moty
{quote} off course i sold eu got to 1.06000 and 1.22700 iks res , if it went up more i would add there {image}
Pls Bring your hammer and let's finish the weekend in bear mode. I am with you, selling both EU & GU at the top.
  • #781,179
  • Oct 6, 2023 11:39am Oct 6, 2023 11:39am
Quoting Moty
900 $ Can I make it 1000 before weekend? {image}

learn to say enough is enough
MY OPINION NOT FINANCIAL ADVISE
  • #781,180
  • Oct 6, 2023 11:39am Oct 6, 2023 11:39am
Stressful day.

banked nice profits on short.
but, holding fresh short around 1.2212
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