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Cable Update (GBPUSD)

  • #788,501
  • Nov 7, 2023 6:09am Nov 7, 2023 6:09am
Quoting DrDave
{quote} M15 made its return up. If you check, you can seee that it was a FAILED return and ended at a lower high.
were in good company again pal another spying DICKHEAD in thread
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  • #788,502
  • Nov 7, 2023 6:11am Nov 7, 2023 6:11am
Quoting T721
{quote} be careful with your longs, if itsa scalp fine but the trend is now down imo, good luck pal
Well my system says otherwise that there is still unfinished business up.. Either way my stop is in place and very tight
  • #788,504
  • Nov 7, 2023 6:11am Nov 7, 2023 6:11am
Quoting T721
{quote} were in good company again pal another spying DICKHEAD in thread {image}
let him help Hamas.. they will need it.
  • #788,505
  • Nov 7, 2023 6:12am Nov 7, 2023 6:12am
And just like that he vanishes be careful all, Lots of SCAMMERS around
  • #788,506
  • Nov 7, 2023 6:14am Nov 7, 2023 6:14am
Quoting cablekingdom
{quote} Thanks Terry, my trading has improved a lot after your zoom session Hv replayed the session 10 times, u r doing great work for trader community, let me know about your next zoom for covering other concepts
Glad you are improving pal Zoom will be on weekend just send me DM so i dont 4get to send you link. I think there are around 5 or 6 wanting to zoom

Its open to any and all btw
  • #788,507
  • Nov 7, 2023 6:16am Nov 7, 2023 6:16am
Nothing has changed since breaking 1.2400 yesterday..

Only short.

Do not trade long until 20 SMMA closes above 200 SMMA in 1 minute chart as you see.

You may win at times picking bottoms or tops, but not guaranteed always.

If you miss the bus once, wait for next bus.

No need to be in hurry
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Intraday only.
  • #788,508
  • Nov 7, 2023 6:17am Nov 7, 2023 6:17am
I really enjoy this thread today, a lot of good comments for senior traders
  • #788,509
  • Nov 7, 2023 6:20am Nov 7, 2023 6:20am
Come on
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yes yes yes
  • #788,510
  • Nov 7, 2023 6:32am Nov 7, 2023 6:32am
Quoting navk
Nothing has changed since breaking 1.2400 yesterday.. Only short. Do not trade long until 20 SMMA closes above 200 SMMA in 1 minute chart as you see. You may win at times picking bottoms or tops, but not guaranteed always. If you miss the bus once, wait for next bus. No need to be in hurry {image}
In cases where the price is retracing/reverse, I'll take that you'll only enter long when 20 closes above 200 SMMA.
If it doesn't while the price only touches 200 SMMA without crossing/closing above, would you trigger a sell?
Just wondering how do you validate it, whether to trade or not in scenario like this.
Exhausted
  • #788,511
  • Nov 7, 2023 6:35am Nov 7, 2023 6:35am
GU short 3 position
I don't know if the H1 resistance line is valid or not.
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  • #788,512
  • Nov 7, 2023 6:39am Nov 7, 2023 6:39am
Quoting eyefeelsix
{quote} nice drop test to take profit {image}

try to send it back to the shoulder 13p risk

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https://breakpullback.com
  • #788,513
  • Nov 7, 2023 6:45am Nov 7, 2023 6:45am
Closed long GU
Insane in the Brain..
  • #788,514
  • Nov 7, 2023 6:56am Nov 7, 2023 6:56am
Quoting Zebi
{quote} save your breath LOL...youre dealing with compulsive personalities every beginner starts out on 1 or 3 min scalping because they think small stops will save them money in the long run but what many dont realize is theyll end up dead by a thousand cuts they use full margin and leverage and take 30 trade signals that happen during a typical new york session and blow their account cause the losses mount and fook with their thinking more experienced traders if they uase the 1 min do it for the thrill of gambling...i used to work at a...
Well said! Add to that, the worst when scalpers and short term traders go in a right trade that's considered long term one, then get out after few pips!! Then when they enter again for same principle of few pips it's in the wrong direction and puff they blow their account or take big loss.
Example imagine who entered a sell yesterday @1.24++ and went out after few pips!! How much great opportunity lost instead of leaving it run with no stress, and mostly they take the other direction when they re-enter....
This is the biggest mistake those do and must learn to stop doing!!
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #788,515
  • Nov 7, 2023 6:56am Nov 7, 2023 6:56am
gbp/cad getting ready to drop big time ----- Lets get this people
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  • #788,516
  • Nov 7, 2023 6:58am Nov 7, 2023 6:58am
Quoting T721
gbp/cad getting ready to drop big time ----- Lets get this people {image}
TP open
Insane in the Brain..
  • #788,517
  • Nov 7, 2023 7:00am Nov 7, 2023 7:00am
Quoting T721
gbp/cad getting ready to drop big time ----- Lets get this people {image}
mofo bouncing off 169. Needs to break lower much lower.
Insane in the Brain..
  • #788,518
  • Nov 7, 2023 7:00am Nov 7, 2023 7:00am
Quoting BeeTogether
{quote} TP open
should get minimum 100pips when it goes
  • #788,519
  • Nov 7, 2023 7:00am Nov 7, 2023 7:00am
Briefly, the main principle, entering the market at long term signal equates you have a lot lot lot of margin and time to get out if if if the market go opposite to your trade, and if you play it right with low risk then nothing to ever worry about, you'll never loose a cent, market will come back to your order price sooner rather than later, the opposite for short term traders even if at best they use low risk! Live and learn
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #788,520
  • Nov 7, 2023 7:01am Nov 7, 2023 7:01am
Sentiment especially lots is short USD, makes it difficult for EU, GU and so on to go against DXY.
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