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Cable Update (GBPUSD)

  • #788,061
  • Nov 5, 2023 9:44am Nov 5, 2023 9:44am
Quoting genadi
{quote} Where are your stops?
target reached, no stops
People don't plan to lose. They lose because they don't plan.
  • #788,062
  • Edited 10:42am Nov 5, 2023 10:30am | Edited 10:42am
Quoting birdland
{quote} the most difficult part comes naturally with age.
Yes, I did take short on first swing up....shorted again..but then had in mind to take stop loss if it breaks 2318.

And the price did that. Took my stop.

If i say, it is most difficult part to control emotion, the age gave me experience to set hard stop at 2318.

Still I am learning though.

These days, I prefer the following using 1 min/5 min chart.

Make 1.5 to 2 % in a day and quit trading for that day.

Loose 3 % max in a day quit tradingfor that day.

And it works perfectly for me.
Intraday only.
  • #788,063
  • Nov 5, 2023 10:52am Nov 5, 2023 10:52am
Quoting navk
{quote} Yes, I did take short on first swing up....shorted again..but then had in mind to take stop loss if it breaks 2318. And the price did that. Took my stop. If i say, it is most difficult part to control emotion, the age gave me experience to set hard stop at 2318. Still I am learning though. These days, I prefer the following using 1 min/5 min chart. Make 1.5 to 2 % in a day and quit trading for that day. Loose 3 % max in a day quit tradingfor that day. And it works perfectly for me.
you are one of the few who have recognized and addressed this problem.

most people get stuck on chart analysis, PA and money management and don't make any progress and dont know why.
trading is like dancing, don't think and just listen to the music!
  • #788,064
  • Edited 11:34am Nov 5, 2023 11:22am | Edited 11:34am
Quoting Fardeen1209
{quote} EU OFRA not mitigated- Sign of Strength {image} Will be waiting for any new Resistance become Support. We buy Now I will be off grid, we dont have much data this week
New Setup
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Currently Flat
Will wait for a good short setup either 1hr or Better 4hr

Yield
Bonds Short TP
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Will considering Dollar Weakness until 4.3% is reached
DJ Dolla'
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GU
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Nothing feels better when TA align with FA
More time in the market, does not mean you trade better!
  • #788,065
  • Nov 5, 2023 11:52am Nov 5, 2023 11:52am
Quoting T721
This guy has me on ignore and ony just joined FF, gotta laugh my ass off.... And his pic OMFG what a DICK that aint a physique. I think he must be apoof {image}
Poor Bella . . .
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To free Gazans of Hamas, use whatever it takes.
  • #788,066
  • Nov 5, 2023 12:00pm Nov 5, 2023 12:00pm
Quoting DrDave
{quote} Poor Bella . . . {image}
I think Bella has me on ignore too
  • #788,067
  • Edited 2:36pm Nov 5, 2023 12:08pm | Edited 2:36pm
Quoting knkie
{quote} Sorry, the stats have been pointing to the misconception about police killing blacks for years. If you really cared about black lives, you would spend more energy on solving black on black murder rates which have sored since the defund police movement. Ofcourse, that would mean admitting that the dems have made a mess of things. In closing: i will not debate you anymore, because thats what you want, you clearly are trolling for a fight. LEt it all sink in. Remember the code of conduct
Typically, numbers such as crime statistics, get manipulated in all kinds of ways that we don't typically get to see because we aren't privy to the raw data and the methods used for the analysis.

During time period X, 10% of people in GroupA confronted by police while committing a crime were killed by police during the crime.
During time period X, 50% of people in GroupB confronted by police while committing a crime were killed by police during the crime.

WOW! Some kind of police over-reaction, on those GroupB people, no?

The numbers:
During time period X, 1000 people in GroupA were confronted by police while committing a crime; 100 were killed, giving a 10% kill rate.
During time period X, 2 people in GroupB were confronted by police while committing a crime; 1 was killed, giving a 50% kill rate.
To free Gazans of Hamas, use whatever it takes.
  • #788,068
  • Nov 5, 2023 12:10pm Nov 5, 2023 12:10pm
Quoting donfriday
{quote} when previous month end and new month start fall inside same week there is something called opening range and closing range it can drive price 250pips in any direction... the sellers have been blown off and they need to wait for another setup so the key in trading is dont blow ur account so that you can have 2nd chance to recover.
I hope so, finally not stuck in the small range.
For me, last month GU was not in a good trade condition.
  • #788,069
  • Nov 5, 2023 12:12pm Nov 5, 2023 12:12pm
Quoting T721
{quote} I think Bella has me on ignore too
You are rather a newcomer to her Ignore list; I got on it rather early-on.
To free Gazans of Hamas, use whatever it takes.
  • #788,070
  • Nov 5, 2023 12:13pm Nov 5, 2023 12:13pm
Quoting DrDave
{quote} Typically, numbers such as crime statistics, get manipulated in all kinds of ways that we don't typically get to see because we aen't privy to the raw data and the methods used for the analysis. During time period X, 10% of people in GroupA confronted by police while committing a crime were killed by police during the crime. During time period X, 50% of people in GroupB confronted by police while committing a crime were killed by police during the crime. WOW! Some kind of police over-reaction, on those GroupB people, no? The numbers: During...
Hi, good to see that you are alive.
  • #788,071
  • Nov 5, 2023 12:16pm Nov 5, 2023 12:16pm
Quoting DrDave
{quote} You are rather a newcomer to her Ignore list; I got on it rather early-on.
Im in good company then
  • #788,072
  • Nov 5, 2023 12:18pm Nov 5, 2023 12:18pm
Quoting Cgpips
{quote} I hope so, finally not stuck in the small range. For me, last month GU was not in a good trade condition.
Doing zoom at 10pm UK time with 4 or 5 people if they all turn up --- send dm if you wanna join
  • #788,073
  • Nov 5, 2023 12:38pm Nov 5, 2023 12:38pm
im making an early call but we could be on a
precipitous of a major dxy decline that could last months to years!!!!
  • #788,074
  • Nov 5, 2023 2:20pm Nov 5, 2023 2:20pm
Good afternoon all, focus this week is all about the eurusd and it’s bullishness . I am looking to buy on pullbacks
Master your mind. Master Trading.
  • #788,075
  • Nov 5, 2023 2:29pm Nov 5, 2023 2:29pm
Quoting T721
{quote} Doing zoom at 10pm UK time with 4 or 5 people if they all turn up --- send dm if you wanna join
Why are you doing this? Are you teaching your group?
  • #788,076
  • Nov 5, 2023 2:31pm Nov 5, 2023 2:31pm
Quoting T721
{quote} Doing zoom at 10pm UK time with 4 or 5 people if they all turn up --- send dm if you wanna join
Maybe you have youtube channel??
  • #788,077
  • Nov 5, 2023 2:37pm Nov 5, 2023 2:37pm
Quoting genadi
{quote} Hi, good to see that you are alive.
Thanks for the sentiment.
To free Gazans of Hamas, use whatever it takes.
  • #788,078
  • Nov 5, 2023 2:40pm Nov 5, 2023 2:40pm
Quoting genadi
{quote} Why are you doing this? Are you teaching your group?
He's sharing a technique that gives net positive results for him. Some people have a more altruistic nature than others.
To free Gazans of Hamas, use whatever it takes.
  • #788,079
  • Nov 5, 2023 2:43pm Nov 5, 2023 2:43pm
Quoting genadi
{quote} Maybe you have youtube channel??
I dont have a you tube channel just enjoy trying to help any that show an interest. if you wanna join send me a DM pal
  • #788,080
  • Nov 5, 2023 3:05pm Nov 5, 2023 3:05pm
GBPUSD price action on the H4 time frame ranged for several days within a falling triangle (blue) before breaking out in the latter part of Friday. Presently, price action is at the 61.8 Fib area of the dominant bearish swing, but we may still see further northward move before a southward turnaround.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
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