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Cable Update (GBPUSD)

  • #785,341
  • Oct 23, 2023 11:22pm Oct 23, 2023 11:22pm
Here we go
Master your mind. Master Trading.
  • #785,342
  • Oct 23, 2023 11:30pm Oct 23, 2023 11:30pm
On the FF sentiment page, EU lots are really interesting. Wonder if this spreads out to other data sources? If it does it could influence where DXY goes next.
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  • #785,343
  • Edited Oct 24, 2023 12:27am Oct 23, 2023 11:40pm | Edited Oct 24, 2023 12:27am
Quoting navk
{quote} I answered for this. No one is right, you were not right on Monday. But, yeah, I was right, that 2267 will not hit on Monday, being Monday. I repeat, I will never risk a long trade in Tuesday asia, keeping red news at 2 am est. Yeah, it was one of those days, 2267 was hit . Just enjoy with that. And think of next trade. Better to stop arguing on a trade which is completed. If you start arguing on that, you know what it will exhibit

Q :I answered for this. No one is right, you were not right on Monday. But, yeah, I was right, that 2267 will not hit on Monday, being Monday.

Congrat, you are very sharp, but I don;t trade like that,
I trade on target price and price level based on S&R , which concluded earlier.
Here's the evident.
I don't trade Monday, Tues..... and so on.
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BTW what happen to this guessing ? Why too shy to include this guessing in your statement ?. BTW it was around 1135pips on Monday.
Quoting navk
{quote} ADR is done for today. Today is Monday. Monday range is usually 75 pips. Trend is upwards but further move up is blocked. Let us watch together.
Q I repeat, I will never risk a long trade in Tuesday asia, keeping red news at 2 am est.

Your trade , you decide. You can guess, and it may be right.

Please don't guarantee anything, we don't own the market. We can do TA and hope the price comply to it.
Quoting navk
{quote} 2200 looks guaranteed for my short trades. There is red news from Britain today and that might pull the price back down
Q :Yeah, it was one of those days, 2267 was hit . Just enjoy with that.

Those are my number from technical analysis, not guessing. Pease re-read all my technical posting

Q And think of next trade.

I never think, I plot the analysis and trade with it. Not guessing.

Q :Better to stop arguing on a trade which is completed. If you start arguing on that, you know what it will exhibit

No, this is not argument,
This is very heathy discussion, so other can understands how different people trade with different perspective.
Some, like to put it upfront (foresight), some weaker trader will put it on hindsight trade posting, so to avoid their ego scratch.
I come from the future.
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  • #785,344
  • Oct 23, 2023 11:41pm Oct 23, 2023 11:41pm
Quoting dantpm
On the FF sentiment page, EU lots are really interesting. Wonder if this spreads out to other data sources? If it does it could influence where DXY goes next. {image}
GU is a bit behind EU.
In EU the first daily BOS (breakup from the leg that produced the MSS-giving the 2nd HH in daily structure) to the upside already took place while GU not yet break-up the leg that produced the daily MSS (no 2nd HH is produced yet)
More time in the market, does not mean you trade better!
  • #785,345
  • Oct 23, 2023 11:47pm Oct 23, 2023 11:47pm
Quoting dantpm
WOW! The debate/diialogue between Pat Chiko and Navk is fantastic from my perspective. Two of the top 10 producing traders posting on this forum. AND NO INSULTS!
YES, I like this.......

I enjoy engaging in highly technical and productive discussions.
It is evident that this thread has the potential to become a valuable resource for both beginner and experienced traders alike.

Not like posting wishing for my death from Cancer and Stroke. I've yet to receive an apology for the coward cunt to apologies to me for wishing to my death.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #785,346
  • Oct 23, 2023 11:47pm Oct 23, 2023 11:47pm
Quoting Fardeen1209
{quote} GU is a bit behind EU. In EU the first daily BOS (breakup from the leg that produced the MSS-giving the 2nd HH in daily structure) to the upside already took place while GU not yet break-up the leg that produced the daily MSS (no 2nd HH is produced yet)
Sometimes, not always but sometimes EU drags GU, so it is worth watching!
  • #785,347
  • Oct 23, 2023 11:52pm Oct 23, 2023 11:52pm
Short
levels and premier plan on chart
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  • #785,348
  • Oct 23, 2023 11:52pm Oct 23, 2023 11:52pm
Quoting Pat Chiko
{quote} Q :I answered for this. No one is right, you were not right on Monday. But, yeah, I was right, that 2267 will not hit on Monday, being Monday. Congrat, you are very sharp, but I don;t trade like that, I trade on target price and price level based on S&R , which concluded earlier. Here's the evident. I don't trade Monday, Tues and so on. {image} BTW what happen to this guessing ? Why too shy to include this guessing in your statement ?. BTW it was around 1135pips on Monday. {quote} Q I repeat, I will never risk a long trade in Tuesday asia,...
I am not going to reply to you because, I have no ego issues.

And, I do not trade based on target price, it easily ditches.There were days, after making 3k to 4k the whole profits get wiped out.

I am target profit based trader.

In a day, 3k, 2k, 4k is huge percentage for me.

If I were you, I would happy with a profit made at 2240, anything extra is risky for Monday.
Intraday only.
  • #785,349
  • Oct 23, 2023 11:53pm Oct 23, 2023 11:53pm
Quoting Pat Chiko
UJ Market Structure Fractal We are still in W3 on HTF Waiting to go in long on completion on PB{image} {image}
UJ

Are we there YET ?
Let me hear you real time, not hind sight.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #785,350
  • Oct 23, 2023 11:57pm Oct 23, 2023 11:57pm
Quoting Pat Chiko
{quote} Q : You keep talking on accurate technical study. Did I say 100% accurate ? I repost the point which you may have missed: {quote} Q: You do not have to answer/reply to anyone but to yourself. I dont understand what you want to say here. Anyway..... Off course I don;t . I don't claimed to have answers in everything. I trade base in tech/fund analysis then share to others of interest. An open book, nothing to hide. It's up to everyone, to decide what to do with my analysis. Ignore it, follow it, go against it. I do what I do that may benefit...
hi pat do you know any books on money management technics ?like hedging or averaging?
  • #785,351
  • Oct 23, 2023 11:58pm Oct 23, 2023 11:58pm
Quoting eyefeelsix
{quote} stop-out and pending short for re-entry {image}

stop-loss protects my assets when I'm wrong

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https://breakpullback.com
  • #785,352
  • Oct 24, 2023 12:06am Oct 24, 2023 12:06am
Quoting navk
{quote} I am not going to reply to you because, I have no ego issues. And, I do not trade based on target price, it easily ditches.There were days, after making 3k to 4k the whole profits get wiped out. I am target profit based trader. In a day, 3k, 2k, 4k is huge percentage for me. If I were you, I would happy with a profit made at 2240, anything extra is risky for Monday.
Hi,
This is a valuable discussion for traders of all levels.
It allows us to see how each trader views trades independently, which can help both experienced and beginner traders understand what to look for when taking trades in real time.

There is no need for hate or ego here. I got none, when discussing it with you.
Everyone is free to express their trade views based on technical or fundamental evidence.
Without evidence, we are simply guessing, which is not a sustainable approach to trading with real money.

We take risk in every trade, so we need to have some technical analysis to validate our trades.
Otherwise, we will spend too much time staring at the charts, getting excited about trades we place.

I don't look at the charts for more than two hours (super lazy trader).
I sit down for a few hours, then get on with my life.

The most important thing is to share trade calls, charts, and trade placement in real time.
Hindsight posting is nothing more than ego boosting.
It does not demonstrate trading skill.

So please keep posting your live trade calls and trades.
I'm sure many will engage in deep discussion about them.

All the best,
PAT Chiko
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #785,353
  • Oct 24, 2023 12:10am Oct 24, 2023 12:10am
Quoting hadi.ch
{quote}hi pat do you know any books on money management technics ?like hedging or averaging?


I don't have it ATM.

Let's ask TERRY
He's a resourceful on info , beside he is good looking handsome man.
We await his arrival.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #785,354
  • Oct 24, 2023 12:15am Oct 24, 2023 12:15am
[quote=navk;14628177]{quote} I am not going to reply to you because, I have no ego issues.
Intraday only.
  • #785,355
  • Oct 24, 2023 12:19am Oct 24, 2023 12:19am
Quoting Pat Chiko
{quote} I don't have it ATM. Let's ask TERRY He's a resourceful on info , beside he is good looking handsome man. We await his arrival.
i have already asked him,never mind.
  • #785,356
  • Oct 24, 2023 12:22am Oct 24, 2023 12:22am
[quote=navk;14628200]
Quoting navk
{quote} I am not going to reply to you because, I have no ego issues.
OK, I thought it was a good discussion.

Best Wishes & Stay green

Pat CHIKO
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #785,357
  • Oct 24, 2023 12:23am Oct 24, 2023 12:23am
Quoting hadi.ch
{quote} i have already asked him,never mind.
Would you mind sharing the pdf.
More time in the market, does not mean you trade better!
  • #785,358
  • Oct 24, 2023 12:25am Oct 24, 2023 12:25am
Quoting Pat Chiko
{quote} I don't have it ATM. Let's ask TERRY He's a resourceful on info , beside he is good looking handsome man. We await his arrival.
Hi pal, i dont have anything on money management. Its the most basic component of trading and one of the first things to learn so i never kept any books or PDFs. For me it was more a common sense approach..... ie, how much do i want to lose on this trade and what % of my equity is that ---- then if im happy i get in the trade and if i lose i was willing to lose x amount or x % anyway


beside he is good looking handsome man. YOU BEEN SMOKING AGAIN
  • #785,359
  • Edited 12:38am Oct 24, 2023 12:27am | Edited 12:38am
Quoting 7154Superman
{quote} Stocks and Crypto can also provide equal or better than +20% ROI per year, depending on how much you know about it and what it will do. If Forex is your main area of interest and knowledge, then that's your best bet. And if you're a pro trader in Forex, and are able to make consistent gains, you're more likely to gain 200+% ROI per year until you're trading above $10 Million in one account. The most successful traders make +200% ROI per month. Some make +10,000% in a month every once in a while. But that consists of only the top 1-5% of...
I do trade stocks and have traded crypto, you hit the nail on the head it's not the instrument traders use it's the traders that determine what profit they make, I've made 100% profit in a month then blown the account in the next month, my style gets me to 5% to 20% year after year, "steady drip fill the pot" with very little risk to my capitol, are you sure that there are traders that make +10,000% a month if so what are their names and let's see their accounts or even better live trades, if you can't then how do you know, not trying to be funny, just trying to tell folks don't believe anything without evidence...
  • #785,360
  • Oct 24, 2023 12:29am Oct 24, 2023 12:29am
Quoting Fardeen1209
{quote} Would you mind sharing the pdf.
hi. no i meant i asked him he didn't have it.sorry
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