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Cable Update (GBPUSD)

  • #791,341
  • Nov 20, 2023 12:10am Nov 20, 2023 12:10am
Karen is talking again!!!!
  • #791,342
  • Nov 20, 2023 12:14am Nov 20, 2023 12:14am
Quoting fxmasterdxb
{quote} interesting, personally I’d wait for this 4 hr close (closing in 1.20 hours), if its closes below or at 1981 then I’ll go short for 1969-1967
opened short @ 1980.7, target between 1969-1965
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  • #791,343
  • Nov 20, 2023 12:18am Nov 20, 2023 12:18am
Quoting mkvy
Trading is easy, just need to take out the "YOU" part of out the equation
Yea, Very true
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #791,344
  • Nov 20, 2023 12:24am Nov 20, 2023 12:24am
wait for 2545 for starting short
  • #791,345
  • Nov 20, 2023 12:28am Nov 20, 2023 12:28am
MY own reading on the current Gbpusd is that the big nerds have not yet finished dumping their positions
so with this in mind Gbpusd can/may tank to 200 pips below current price of 24500.

My stops on the average is 50pips while my Tp is 2x or more but have not seen any short entry yet, i hope very very soon.

Please i might and can be wrong so be careful and do your analysis and find your entry.
Even if i fail on this one have made over 1100 pips already in this month so losing 50 pips is nothing but that might be what you can't afford to lose. Cheers
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #791,346
  • Nov 20, 2023 12:29am Nov 20, 2023 12:29am
Quoting voeltoez
wait for 2545 for starting short
just scalp
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  • #791,347
  • Nov 20, 2023 12:30am Nov 20, 2023 12:30am
im monitoring m15/m30 for potential buy setups
in wondering about yourself, you forgot what you came here to be part of
  • #791,348
  • Nov 20, 2023 12:36am Nov 20, 2023 12:36am
Opened short according my strategy, from the most premium OB.
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  • #791,349
  • Nov 20, 2023 12:43am Nov 20, 2023 12:43am
Quoting Pat Chiko
{quote} GU - real time analysis A decisive breakout retest at the LO is imminent, further ensnaring unsuspecting sellers. The conspicuous "W" formation on the H4 chart suggests that MMs are deliberately driving prices higher to entrap more sellers. Real-time commentary and insights are highly valued. Opinions derived from hindsight will be disregarded into the trash can.{image}
I have a similar view on H4. The projections are more than two, The right one to follow will show it'self with time after gathering more info on structure formations.
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Face 'ur fears & tame 'ur greed
  • #791,350
  • Nov 20, 2023 12:44am Nov 20, 2023 12:44am
Morning all! Gone short at 12475 looking for a TP of daily pivot which according to IG is 12455
Insane in the Brain..
  • #791,351
  • Nov 20, 2023 1:01am Nov 20, 2023 1:01am
Quoting jordanvic
{quote} Paul Tudor Jones become a billionaire trading the 5min chart though. Soros became a billionaire using pure fundamental analysis and anticipation of it. There is no right or wrong way/timeframe to trade. you just got to find which one is the best for you. that is the hard part.
george soros was not checking fundamentals,he was making fundamentals
  • #791,352
  • Nov 20, 2023 1:02am Nov 20, 2023 1:02am
simple today: red zone is short zone, green zone longzone;-)

by the way, i need an EA that closes all orders from a pair or a particular chart. (i have one that closes all orders but that is not what i am looking for)

thank you.
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trading is like dancing, don't think and just listen to the music!
  • #791,353
  • Nov 20, 2023 1:23am Nov 20, 2023 1:23am
Quoting Traderview
{quote} {image}
It's either going up to 1.2514 - 1.2530 or going down to 1.2440.

I will buy as long as price stays above 1.2471.
  • #791,354
  • Nov 20, 2023 1:27am Nov 20, 2023 1:27am
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yes yes yes
  • #791,355
  • Nov 20, 2023 1:33am Nov 20, 2023 1:33am
Quoting Pat Chiko
{quote} BTW......... It is quite evident that traders who share their trades or set ups in real time are exhibiting the highest level of bravery and a genuine desire to share their perspectives on the instruments or pairs they are trading. However, for some who aspire to be competent traders, posting hindsight trades is an ineffective practice. Such posts are essentially useless and have no bearing on future price movements as they have already occurred. As one trader aptly observed, some hindsight traders post charts...
Pat, I truly do not want to argue with you but I need to understand something. What do you classify as a real trade?
You post your foresight anaylysis for your adoring followers: Fair enough and everyone is expecting a nice drop to your target level.
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In your follow up post you post your trades 2hrs later leaving your adoring followers sitting with sell trades and underwater. and you are high and dry with your buy trades at the perfect entry point in a big fat profit.
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Is this what you call a real trade or is it a double standard that only you are allowed to follow?
Please enlighten us.
Trade to trade another day
  • #791,356
  • Nov 20, 2023 1:35am Nov 20, 2023 1:35am
Gbpjpy support at 185.900. Of support does not hold then we move downwards to 185.200
  • #791,357
  • Nov 20, 2023 1:39am Nov 20, 2023 1:39am
Yea, It is what i keep saying, all that matters is that a trader finds he's or her own edge with quality an uninterrupted execution then nothing else matters.

Your edge can be anything that is working or not working for other traders.

Your edge has to be compatible with your financial and trading goals, e.g how much or what is
your ultimate account size target? what is your mark? assuming yours is 10 or 100 millions dollars can you trade that with entry from 5 mint timeframe.
knowing that at that level of money so may things are involve? Liquidity and etc, if your answer is yes then your good to go.

Mine is way more than 1 Billion dollars mark( sounds funny to you i guess but don't worry about that worry about yours), if yours is up to 100 million or more then you know that "TO WHOM MUCH WILL BE GIVEN THEN MUCH IS EXPECTED''... Martinez, what i mean is that to manage that kind of asset then the will be a lot to be learn, believe me.

There is no one size fit all, what we have is a general guidelines so nobody should enforce he's/her trading rules on another trader.

IF WE WANT THE PROFIT BAD ENOUGH THEN WE WILL SIT OUR A$$ DOWN TO GET THE KNOWLEDGE THAT WILL LEAD TO THE PROFIT. Cheers
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #791,358
  • Nov 20, 2023 1:39am Nov 20, 2023 1:39am
Quoting JereMi256
{quote} I have a similar view on H4. The projections are more than two, The right one to follow will show it'self with time after gathering more info on structure formations. {image}
Same View.
Trading the current Sz is risky as no MSS is yet produced. Play with HH,HL.
1.256 level appear upto M
watching to buy to there or sell from there
More time in the market, does not mean you trade better!
  • #791,359
  • Nov 20, 2023 1:48am Nov 20, 2023 1:48am
Momentum punch on m15
im going long @ 2483

M30 R @ 2489 so lets see how price handles that
in wondering about yourself, you forgot what you came here to be part of
  • #791,360
  • Nov 20, 2023 1:52am Nov 20, 2023 1:52am
for 10 pips
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yes yes yes
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