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Cable Update (GBPUSD)

  • #788,281
  • Nov 6, 2023 11:16am Nov 6, 2023 11:16am
Quoting DrDave
{quote} For M15, I expect the swing down to just be a pullback, then a return up.
`yes agred.
thats kinda what i meant.
but its taking a while to give a signal.
i have not been able to find an entry point.
Just waiting
in wondering about yourself, you forgot what you came here to be part of
  • #788,282
  • Nov 6, 2023 11:16am Nov 6, 2023 11:16am
In btw folks, never heard or read of a long term trader who's stressful or worried all the day, it's short term traders whining and sitting at their screen place all day and most here are from them!
Anyways, was just a humble advice.Your life your choice
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #788,283
  • Nov 6, 2023 11:20am Nov 6, 2023 11:20am
Quoting felinex
{quote} It seem to me that your indicator does repaint. I'm wrong ?
It will.

Near to 200 SMMA, iT WILL.

It is not just indicator trading.

You must keep in mind the strategy.

20 SMMA below 200 SMMA is down.

Vice versa for up.

You must maintain risk/reward.

Should not hold onto / sleep onto for life.
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Intraday only.
  • #788,284
  • Nov 6, 2023 11:20am Nov 6, 2023 11:20am
Quoting DrDave
{quote} And take note that just as the H2 starting down requires the TFs below it to rally and return down, when a smaller TF starts its rally, that means that EVERY TF below that rally time frame was also going up. And exactly the same pattern unfolds: every TF below the rally TF goes into a pullback and a return up. So, with this fractal and recursive behavior, you should be able to see why "the market" has been found to spend about 80% of its time in retracement/consolidation and 20% trending.
I think it is based on how orders are being filled at liquid level and volatility took place once enough liquidity is absorbed.
The order book of the forex market is reallly a mysterious world yet to fully discover by retail traders
More time in the market, does not mean you trade better!
  • #788,285
  • Nov 6, 2023 11:23am Nov 6, 2023 11:23am
i modified the step ma filtered cci to be on the 5m become the. 3m is choppy

5m
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3m
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yes yes yes
  • #788,286
  • Nov 6, 2023 11:38am Nov 6, 2023 11:38am
Quoting ChiForex
{quote} Dude, never said that lower time frames don't work, but the always main question "at what expense"? If on expense of your health, time, energy and...then money ain't worth it at all!!
again you need a system and trading plan timeframe doesnt matter…..also those things you mentioned are all mental hurdle and emotional stuff. Trading is a business and it requires blood, sweat and tears as the saying to be in 1% successful ones…..
Extreme gut feeling trader
  • #788,287
  • Nov 6, 2023 11:40am Nov 6, 2023 11:40am
Quoting ScalaFX
2x size shorts active now from 185.860, all previous positions holding and active, targeting 183.000 with all this
closing partials now, rest normal size protected and waiting for more
People don't plan to lose. They lose because they don't plan.
  • #788,288
  • Nov 6, 2023 11:40am Nov 6, 2023 11:40am
Quoting ScalaFX
{quote} all GJ active, GU started 2387 will add till 2420
closing all, enough
People don't plan to lose. They lose because they don't plan.
  • #788,289
  • Nov 6, 2023 11:45am Nov 6, 2023 11:45am
Quoting knkie
{quote} `yes agred. thats kinda what i meant. but its taking a while to give a signal. i have not been able to find an entry point. Just waiting
M15 made its return up. If you check, you can seee that it was a FAILED return and ended at a lower high.
To free Gazans of Hamas, use whatever it takes.
  • #788,290
  • Nov 6, 2023 11:46am Nov 6, 2023 11:46am
closed /Closing my short trades.

Target profit achieved. 2 %
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Intraday only.
  • #788,291
  • Nov 6, 2023 11:47am Nov 6, 2023 11:47am
Quoting ChiForex
In btw folks, never heard or read of a long term trader who's stressful or worried all the day, it's short term traders whining and sitting at their screen place all day and most here are from them! Anyways, was just a humble advice.Your life your choice
That is because long-term traders are indeed TRADERS, whereas a lot of the short-term traders are GUESSERS/GAMBLERS, not traders.
To free Gazans of Hamas, use whatever it takes.
  • #788,292
  • Nov 6, 2023 11:49am Nov 6, 2023 11:49am
Quoting navk
{quote} It will. Near to 200 SMMA, iT WILL. It is not just indicator trading. You must keep in mind the strategy. 20 SMMA below 200 SMMA is down. Vice versa for up. You must maintain risk/reward. Should not hold onto / sleep onto for life. {image}
The repainting isn't a problem, really, because you already placed the trade before repainting is in affect.
To free Gazans of Hamas, use whatever it takes.
  • #788,293
  • Nov 6, 2023 11:52am Nov 6, 2023 11:52am
counter trend trade.. short position..
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  • #788,294
  • Nov 6, 2023 11:55am Nov 6, 2023 11:55am
Quoting Fardeen1209
{quote} I think it is based on how orders are being filled at liquid level and volatility took place once enough liquidity is absorbed. The order book of the forex market is reallly a mysterious world yet to fully discover by retail traders
Well of course the order filling is exactly what is producing the patterns that we see unfold on the charts. So the fractal behavior that is seen on the charts results from the same fractal behavior that is happening at the order filling. So, if you had access to the order books and you examined them in set periods similar to what is done with various minute-based chart periods, you would see the same patterns of fractal behavior.
To free Gazans of Hamas, use whatever it takes.
  • #788,295
  • Nov 6, 2023 12:00pm Nov 6, 2023 12:00pm
30 to 40 pips , one can earn in long trade.

20 to 30 pips one can earn is short trade.

For a 100 k, account, 10 lots, 5 to 6k USD.
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Intraday only.
  • #788,296
  • Nov 6, 2023 12:00pm Nov 6, 2023 12:00pm
Quoting Moty
For 50 $ {image}
Kashing
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yes yes yes
  • #788,297
  • Nov 6, 2023 12:06pm Nov 6, 2023 12:06pm
Quoting Elysion
{quote}
Your shorts are looking good now Elysion !

my long bias is gone.
looking for sell scalps on LF

Hope you make alot of $$
in wondering about yourself, you forgot what you came here to be part of
  • #788,298
  • Nov 6, 2023 12:10pm Nov 6, 2023 12:10pm
Hello gamblers, how is your stress level today? ....
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Always trade your own plan...I don't provide trading signals.
  • #788,299
  • Nov 6, 2023 12:15pm Nov 6, 2023 12:15pm
Quoting Coreg2004
Hello gamblers, how is your stress level today? .... {image}
no stress at all
in control
knowing when not to trade is probably the best lesson i have ever learned
in wondering about yourself, you forgot what you came here to be part of
  • #788,300
  • Nov 6, 2023 12:17pm Nov 6, 2023 12:17pm
Here is how the M30 built the H2 down swing.

Just TRACK where the retracement has progressed, then enter on the return.
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To free Gazans of Hamas, use whatever it takes.
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