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Cable Update (GBPUSD)

  • #790,761
  • Nov 16, 2023 8:49am Nov 16, 2023 8:49am
I traded today EUR/USD, USD/JPY and GBP/USD - simultaneously on scalping. What I can tell is, that GBP/USD behaves worst of all 3 currencies to my surprise. Extremes are always very short in time and it seems like "making" a market (so on the chart you see for example 1.25305 but it was never really reached in that sense that is would be tradable).

That fits into my assumption that big forces moving GBP/USD currently, probably since one month. This is also the reason my MACD and Momentum Infdicators currently work fine on 1 minute time fram on GBP/USD. If you make money with that as a trend trader, be warned, PA is not normal. It will probably end before christmas. Cheers. -That's at least my experience.

PS: I was wondering why my performance was quite bad on GBP/USD to how it should be. I could "feel" something is not in sync. Now I see what'S going on, thanks to EUR/USD and USD/JPY which I compared. (was stressy to scalp 3 currencies simoultaneously)
  • #790,762
  • Nov 16, 2023 8:55am Nov 16, 2023 8:55am
Quoting Moty
For 28 pips {image}
Where is the signal mf ?
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yes yes yes
  • #790,763
  • Nov 16, 2023 9:18am Nov 16, 2023 9:18am
All going well except the UCAD
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  • #790,764
  • Nov 16, 2023 9:26am Nov 16, 2023 9:26am
Quoting fxmasterdxb
{quote} 2 activated and 1 pending {image}

IS THAT 20SMA ?
MY OPINION NOT FINANCIAL ADVISE
  • #790,765
  • Nov 16, 2023 9:27am Nov 16, 2023 9:27am
Quoting Moty
{quote} Where is the signal mf ? {image}
it could be R1 the range would therefore be R1 to S1
Insane in the Brain..
  • #790,766
  • Nov 16, 2023 9:31am Nov 16, 2023 9:31am
Daily candle will sweep yesterday's candle high ...imo
  • #790,767
  • Nov 16, 2023 9:32am Nov 16, 2023 9:32am
Quoting donfriday
{quote} IS THAT 20SMA ?
Red line is EMA 200, shift 0
blue line is linear weighted 39, shift 3
  • #790,768
  • Nov 16, 2023 9:33am Nov 16, 2023 9:33am
Quoting Moty
{quote} Where is the signal mf ? {image}
Follow the 4hr candle, Moty.
Lost....
  • #790,769
  • Nov 16, 2023 9:37am Nov 16, 2023 9:37am
Quoting ScalaFX
So better price to sell after BE SL hit, one more time sell Gold 1971.25, GU 2435
GU second short 2450, Gold stop loss hit at 1975 so Gold today at 0 profit
People don't plan to lose. They lose because they don't plan.
  • #790,770
  • Nov 16, 2023 9:39am Nov 16, 2023 9:39am
GU is short
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  • #790,771
  • Nov 16, 2023 9:43am Nov 16, 2023 9:43am
Quoting ScalaFX
{quote} GU second short 2450, Gold stop loss hit at 1975 so Gold today at 0 profit

i am waiting to short it ..maybe next week or break of 1975


my target on daily chart


the pattern for me is between 3-5
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MY OPINION NOT FINANCIAL ADVISE
  • #790,772
  • Nov 16, 2023 9:46am Nov 16, 2023 9:46am
Quoting Moty
{quote} Where is the signal mf ? {image}
Here is the signal
For 20 pips, almost done
1 to 2 r/r
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yes yes yes
  • #790,773
  • Nov 16, 2023 9:48am Nov 16, 2023 9:48am
Die Aussie mf
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yes yes yes
  • #790,774
  • Nov 16, 2023 9:49am Nov 16, 2023 9:49am
Long 1.2429 SL 1.2400 TP 1.2630 for 200pips
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #790,775
  • Nov 16, 2023 9:52am Nov 16, 2023 9:52am
Quoting ScalaFX
nice warm up open shorts GJ one more time if break last low {image}
today best profit gave me GJ, thanks closed all now
People don't plan to lose. They lose because they don't plan.
  • #790,776
  • Nov 16, 2023 9:52am Nov 16, 2023 9:52am
Quoting Yngwie
Long 1.2429 SL 1.2400 TP 1.2630 for 200pips
you are not serious
People don't plan to lose. They lose because they don't plan.
  • #790,777
  • Edited 10:13am Nov 16, 2023 9:55am | Edited 10:13am
Finally...
Thank you @dantpm, @Yngwie, @Moty, @T721, @navk, @BeeTogether,...
In fact, it's impossible to list everyone who I've silently drawn inspiration from whilst here.
Thank you, everyone! Really, thank you!!!!!
I made it!
I'm not just glad cos of my new earning potential, I'm super excited because perseverance pays. The joy of having an objective, and pursuing it, despite failures, and naysayers. Just staying dogged and achieving a hitherto seemingly insurmountable obstacle. So much satisfaction. Today is one of my happiest days in years!
To all those who may still be struggling, keep at it. Believe. Have faith and confidence in yourself! Stick to your own plan. Do not be distracted by the multiplicity of opinions here. You'll make it if you stay steadfast to your goal.

I have a tattoo on my arm that reads: " Ever Tried. Ever Failed. No Matter. Try Again. Fail Again. Fail Better."

Let's goooooooo!!!!!
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  • #790,778
  • Nov 16, 2023 10:01am Nov 16, 2023 10:01am
Quoting BrainBucks
Finally... Thank you @dantpm, @Yngwie, @Moty, @T729, @navk, @BeeTogether,... In fact, it's impossible to list everyone who I've silently drawn inspiration from whilst here. Thank you, everyone! Really, thank you!!!!! I made it! I'm not just glad cos of my new earning potential, I'm super excited because perseverance pays. The joy of having an objective, and pursuing it, despite failures, and naysayers. Just staying dogged and achieving a...
Now the hard work starts, well done
  • #790,779
  • Nov 16, 2023 10:06am Nov 16, 2023 10:06am
Quoting BrainBucks
Finally... Thank you @dantpm, @Yngwie, @Moty, @T729, @navk, @BeeTogether,... In fact, it's impossible to list everyone who I've silently drawn inspiration from whilst here. Thank you, everyone! Really, thank you!!!!! I made it! I'm not just glad cos of my new earning potential, I'm super excited because perseverance pays. The joy of having an objective, and pursuing it, despite failures, and naysayers. Just staying dogged and achieving a...
Congrut! your son will be proud of you
https://breakpullback.com
  • #790,780
  • Edited 10:34am Nov 16, 2023 10:07am | Edited 10:34am
Quoting Waveskierrob
{quote} Added SHORT 1.2427 no sl no tp
...and another 1.2447 no sl no tp
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