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Cable Update (GBPUSD)

  • #791,861
  • Nov 21, 2023 8:39am Nov 21, 2023 8:39am
Quoting Zebi
{quote} {quote} short another at 2534..sl still open tp 2450 average 2513

still short and getting annoyed
short trump and go long the deepstate
  • #791,862
  • Nov 21, 2023 8:41am Nov 21, 2023 8:41am
Welp today absolutely sucked. Every trade I took according to my system lost, every trade I didn't take but could have according to my system (missed the trade) won. Guess thats the way it goes.
  • #791,863
  • Nov 21, 2023 8:43am Nov 21, 2023 8:43am
Quoting Scotteyy
Welp today absolutely sucked. Every trade I took according to my system lost, every trade I didn't take but could have according to my system (missed the trade) won. Guess thats the way it goes.
At least you sticked to your system.
This is one investment in a bucket of thousands!
  • #791,864
  • Nov 21, 2023 8:43am Nov 21, 2023 8:43am
Dx holding above 103.100 , 50 % point of retracement of last swing up
Gu will fall soon
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yes yes yes
  • #791,865
  • Nov 21, 2023 8:43am Nov 21, 2023 8:43am
GOoooooooD Night Dear GBP friends !
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #791,866
  • Nov 21, 2023 8:44am Nov 21, 2023 8:44am
Quoting Zebi
{quote} still short and getting annoyed
I am both long and short. But over break even in the longs. I keep moving the stop loss in the longs up as long as GBPUSD keeps making higher highs and higher lows. If I am stopped out, then GBPUSD is falling and would be in an automatic short position.
This is one investment in a bucket of thousands!
  • #791,867
  • Nov 21, 2023 8:49am Nov 21, 2023 8:49am
Quoting JourneyLife
{quote} I am both long and short. But over break even in the longs. I keep moving the stop loss in the longs up as long as GBPUSD keeps making higher highs and higher lows. If I am stopped out, then GBPUSD is falling and would be in an automatic short position.
Same here
  • #791,868
  • Nov 21, 2023 8:49am Nov 21, 2023 8:49am
Quoting DrDave
{quote} The biggest mistake traders make is opening a live account and tying to trade with real money.
lol
  • #791,869
  • Nov 21, 2023 8:50am Nov 21, 2023 8:50am
Quoting JourneyLife
{quote} The real fundamental trend in forex take place on daily and weekly charts. In stocks, on monthly and weekly...
what is fundamental trend?!
People don't plan to lose. They lose because they don't plan.
  • #791,870
  • Nov 21, 2023 8:51am Nov 21, 2023 8:51am
Quoting DrDave
{quote} The biggest mistake traders make is opening a live account and tying to trade with real money.
lol
People don't plan to lose. They lose because they don't plan.
  • #791,871
  • Nov 21, 2023 8:51am Nov 21, 2023 8:51am
Quoting Zebi
{quote} still short and getting annoyed

You might just get a final loop to complete a H&S in GU. That or the W takes off.
  • #791,872
  • Nov 21, 2023 8:54am Nov 21, 2023 8:54am
Oh my God, what a dump BTC, closed to early like always maybe thats signal that we going to 30000 on BTC, I will sell more after retrece
People don't plan to lose. They lose because they don't plan.
  • #791,873
  • Nov 21, 2023 8:55am Nov 21, 2023 8:55am
good time to short Gold 2006 first, will add
People don't plan to lose. They lose because they don't plan.
  • #791,874
  • Nov 21, 2023 8:57am Nov 21, 2023 8:57am
Quoting JourneyLife
TRADING AGAINST THE TREND IS LIKE... {image}
your trend can look like this picture at any time, you dont know when start and when stops
People don't plan to lose. They lose because they don't plan.
  • #791,875
  • Nov 21, 2023 8:57am Nov 21, 2023 8:57am
Quoting ScalaFX
good time to short Gold 2006 first, will add
Good time and add not going together
  • #791,876
  • Nov 21, 2023 8:58am Nov 21, 2023 8:58am
Quoting ScalaFX
{quote} what is fundamental trend?!
I am glad you asked. It is proven from research that stocks go up with quarterly earnings and sales over time. This will show up on weekly and monthly charts! Why the heck would a person day trade stocks, then? The price will fluctuate so much and you will lose more money.

In forex, there are no earnings and sales. The real trends occur when there is economic chaos in one country versus no economic chaos in another. For example, USD/TRY's weekly chart. That is a real fundamental trend. In forex, the price just jives up and down randomly based on economic data releases that sometimes line up and becomes a trend on a quarterly basis, such as CHFJPY (take a look at its weekly chart). EURUSD will never trend like CHFJPY because that would make prices unstable. There is no real trend in EURUSD, only large 2000 pip or so ranges that tend to mean revert. It is similar to USD/HKD's weekly and monthly chart. Try searching for a pattern in USDHKD's chart. I guarantee that you will find a few, but in reality, nothing is really there. We are, literally, guessing random price bursts in most of forex.
This is one investment in a bucket of thousands!
  • #791,877
  • Nov 21, 2023 9:01am Nov 21, 2023 9:01am
Quoting ScalaFX
{quote} your trend can look like this picture at any time, you dont know when start and when stops
If you trade micro fluctuations, yeah; but not a fundamental trend. Fundamental trends are predictable.
This is one investment in a bucket of thousands!
  • #791,878
  • Nov 21, 2023 9:09am Nov 21, 2023 9:09am
Quoting JourneyLife
{quote} If you trade micro fluctuations, yeah; but not a fundamental trend. Fundamental trends are predictable.
if so many traders will be in 95% profitable side and 5% at loose
People don't plan to lose. They lose because they don't plan.
  • #791,879
  • Nov 21, 2023 9:10am Nov 21, 2023 9:10am
Quoting JourneyLife
{quote} I am glad you asked. It is proven from research that stocks go up with quarterly earnings and sales over time. This will show up on weekly and monthly charts! Why the heck would a person day trade stocks, then? The price will fluctuate so much and you will lose more money. In forex, there are no earnings and sales. The real trends occur when there is economic chaos in one country versus no economic chaos in another. For example, USD/TRY's weekly chart. That is a real fundamental trend. In forex, the price just jives up and down randomly...
can you post this reserches? I dont heard about this
People don't plan to lose. They lose because they don't plan.
  • #791,880
  • Nov 21, 2023 9:14am Nov 21, 2023 9:14am
Quoting Whale
{quote} Good time and add not going together
why? Im trading that always, when go on your side simply closing shity firsts and last protected besties! And you will never miss the train if reverse faster
People don't plan to lose. They lose because they don't plan.
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