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Cable Update (GBPUSD)

  • #788,401
  • Nov 7, 2023 2:32am Nov 7, 2023 2:32am
Quoting Elysion
C'mon just go up and don't look back. Gimme my 30 pips and I'm done. F the dollar. But my emotions are interfering because my H4 is currently still down and I'm losing more than winning recently. Fck. Idk why but even with RR 1:2 or 1:3 I'm facing consecutive losses before getting a probable win. I think I might have adjusted my system wrongly somewhere sometime and it started giving more false signals than ever. Or maybe stress and pressure is putting me in a way that my vision is tunneled and I can't read the price properly. (My system follows...
rest a bit, friend. defuse the tension.
The future influences the present just as much as the past - Friedrich N.
  • #788,402
  • Nov 7, 2023 2:36am Nov 7, 2023 2:36am
Quoting WolfgangMM
{quote} rest a bit, friend. defuse the tension.
Trying to, but things has been tensed up for me recently.

The only thing I know is when I trade without getting emotions involved, I can make very good trades up to 80% win rate and quite solid entries.
When shit gets rough, I find myself entering at a wrong position as if market "is playing with me" and the win rate drops to 40%.
Exhausted
  • #788,403
  • Nov 7, 2023 2:38am Nov 7, 2023 2:38am
In short -1.2325

Sl-1.2340

Tp- 1.2289
  • #788,404
  • Nov 7, 2023 2:40am Nov 7, 2023 2:40am
Quoting forrest85
{quote} How can we find your squares indy? What is the exact name? I didn't find.
here
uncheck everything in the input tab ,, beside open and close series and background
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but its wise to use the smasfcci indi also to see the overall trend , it can get you out of trouble
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yes yes yes
  • #788,405
  • Nov 7, 2023 2:41am Nov 7, 2023 2:41am
Quoting Yngwie
Sold 1.2425 SL 1.2445
closed for 110 pips
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #788,406
  • Nov 7, 2023 2:41am Nov 7, 2023 2:41am
Quoting Elysion
{quote} Trying to, but things has been tensed up for me recently. The only thing I know is when I trade without getting emotions involved, I can make very good trades up to 80% win rate and quite solid entries. When shit gets rough, I find myself entering at a wrong position as if market "is playing with me" and the win rate drops to 40%.

elysion...dont try for a 80% win rate..youll end up a loser ...guys that claim that blow up accounts cause they sit in huge drawdowns waiting for price to recover or use martingale cause dont want to take a loss


you can make big money with a 40% rate
short trump and go long the deepstate
  • #788,407
  • Nov 7, 2023 2:43am Nov 7, 2023 2:43am
Quoting Moty
{quote} come on mister "3 in a raw" {image}

you can't win them all
first loss after 7 wins in a raw
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yes yes yes
  • #788,408
  • Nov 7, 2023 2:44am Nov 7, 2023 2:44am
Quoting Elysion
{quote} Trying to, but things has been tensed up for me recently. The only thing I know is when I trade without getting emotions involved, I can make very good trades up to 80% win rate and quite solid entries. When shit gets rough, I find myself entering at a wrong position as if market "is playing with me" and the win rate drops to 40%.
Well, this aint your first rodeo, isn't? hope u get it through. \m/
The future influences the present just as much as the past - Friedrich N.
  • #788,409
  • Nov 7, 2023 2:45am Nov 7, 2023 2:45am
Quoting Zebi
{quote} elysion...dont try for a 80% win rate..youll end up a loser ...guys that claim that blow up accounts cause they sit in huge drawdowns waiting for price to recover or use martingale cause dont want to take a loss you can make big money with a 40% rate
I have backtested and livetested more than 100 trades, it's roughly 70% - 80%, they do work if I'm looking at the setup properly and not second guessing.

Current issue is not the DD as I have my SL set to deal with that. The issue is my psychology isn't stable right now.
Exhausted
  • #788,410
  • Nov 7, 2023 2:46am Nov 7, 2023 2:46am
Quoting Elysion
C'mon just go up and don't look back. Gimme my 30 pips and I'm done. F the dollar. But my emotions are interfering because my H4 is currently still down and I'm losing more than winning recently. Fck. Idk why but even with RR 1:2 or 1:3 I'm facing consecutive losses before getting a probable win. I think I might have adjusted my system wrongly somewhere sometime and it started giving more false signals than ever. Or maybe stress and pressure is putting me in a way that my vision is tunneled and I can't read the price properly. (My system follows...
Elysion
you were short yesterday right?
Did you make profit?
in wondering about yourself, you forgot what you came here to be part of
  • #788,411
  • Nov 7, 2023 2:49am Nov 7, 2023 2:49am
Quoting knkie
{quote} Elysion you were short yesterday right? Did you make profit?
I did, recouped back my losses from Friday.
Then this morning (Asian session) I lost back a few % into the market.
Because my system keeps given me false signal that I didn't filter out.

1) Went long a few times but didn't TP at 8 pips and turned into loss
2) Entered at a bad position and price moved further downwards.
Exhausted
  • #788,412
  • Nov 7, 2023 2:49am Nov 7, 2023 2:49am
possible pa dx , bounce intact and sustain sofar , and range may increased to very high ! limit 105.60 , now price approaching a support ! take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #788,413
  • Nov 7, 2023 2:50am Nov 7, 2023 2:50am
Quoting cablekingdom
In short -1.2325 Sl-1.2340 Tp- 1.2289
  • #788,414
  • Nov 7, 2023 2:51am Nov 7, 2023 2:51am
Quoting Elysion
{quote} I did, recouped back my losses from Friday. Then this morning (Asian session) I lost back a few % into the market. Because my system keeps given me false signal that I didn't filter out. 1) Went long a few times but didn't TP at 8 pips and turned into loss 2) Entered at a bad position and price moved further downwards.
Well im glad you made profit yesterday.

Just my 2 cents, but if you are using H4 as a reference, perhaps wait for the former bar High to be taken out with a close by the current H4 bar.
As long as that does not happen, there can not be a reversal of price.
so close above 1.23362

Thats how i look at things, dont want to confuse you
in wondering about yourself, you forgot what you came here to be part of
  • #788,415
  • Nov 7, 2023 2:55am Nov 7, 2023 2:55am
TF M15: after reaching a sell climax we are looking now at an automatic rally, sell limits ready around 1.2335.
chaos is just unknown order
  • #788,416
  • Nov 7, 2023 3:03am Nov 7, 2023 3:03am
Gold me

risk 1
reward 3
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MY OPINION NOT FINANCIAL ADVISE
  • #788,417
  • Nov 7, 2023 3:03am Nov 7, 2023 3:03am
there 2 critical zone imo on dxy to considered.
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The future influences the present just as much as the past - Friedrich N.
  • #788,418
  • Nov 7, 2023 3:03am Nov 7, 2023 3:03am
Exact Same Tips That Helped Me Achieve Total Financial Freedom
First CHALLENGE for you… PUT these 5 very important tips that I’m about to share with you into action AS SOON AS POSSIBLE. And when you do, you’ll experience the difference they can make and you’ll experience it – the right away.

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Pro Trading Tip #1
NEVER, and I do mean NEVER consider Forex as a path to get rich quickly. Always factor the risks and efforts that must be put into achieving such a goal.

Pro Trading Tip #2
Be careful with your Lots. You can make good money even with a small initial deposit and there is no need to open large positions to make decent profit.

Pro Trading Tip #3
No emotions allowed. A lot of newbie traders get caught up in the emotions and forget everything they’ve learned. I think by now you might already understand where this might lead.

Pro Trading Tip #4
Be consistent! Stick to your trading system and don’t add or remove anything. This will allow you to have a much better idea of what exactly is working and helping you win more trades. More importantly, strategy of being consistent will help you understand where you are going wrong and what to fix.

Pro Trading Tip #5
I like this one a lot. Love it and enjoy it! Your motivation and positive outlook are two important keys to becoming a successful trader. Focus on the process of proper well-considered trading rather than worrying about the amount of money you could win or lose.

These are the 5 tips that I always share with my new forex friend. They are very important! We don’t even start trading until they can repeat each of them without missing a word.
Intraday Trading is an Art _ hoda
  • #788,419
  • Nov 7, 2023 3:06am Nov 7, 2023 3:06am
i shorted 2326 on M5
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in wondering about yourself, you forgot what you came here to be part of
  • #788,420
  • Nov 7, 2023 3:11am Nov 7, 2023 3:11am
Long 2315 sl 2300
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