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Cable Update (GBPUSD)

  • #792,641
  • Nov 24, 2023 6:02am Nov 24, 2023 6:02am
Quoting BrainBucks
Wondering whence this liquidity comes to threaten the almighty weekly high
12530 calling come on get that magnet out
Insane in the Brain..
  • #792,642
  • Nov 24, 2023 6:10am Nov 24, 2023 6:10am
Quoting MrFanciful
{quote} Good job I'm on my 7th year then. Will take a lot to turn this £20,000 of losses around
i was at like 450k losses by 2019, it was only 2020 when i started to make money, you see it has been almost 3.5 years since i started to make money and i still im 19k in loss since the account was opened in 2012.

This is life cycle of the trader, you have to incur losses to start making money
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  • #792,643
  • Nov 24, 2023 6:11am Nov 24, 2023 6:11am
Chfjpy long
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My telegram: https://t.me/avidforex
  • #792,644
  • Nov 24, 2023 6:13am Nov 24, 2023 6:13am
Quoting fxmasterdxb
{quote} i was at like 450k losses by 2019, it was only 2020 when i started to make money, you see it has been almost 3.5 years since i started to make money and i still im 19k in loss since the account was opened in 2012. This is life cycle of the trader, you have to incur losses to start making money {image}
Ouch...Puts mine into perspective.
  • #792,645
  • Nov 24, 2023 6:14am Nov 24, 2023 6:14am
The long term (daily) trend is still bullish.

take advantage of minor tf pullbacks to buy.
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  • #792,646
  • Nov 24, 2023 6:14am Nov 24, 2023 6:14am
Quoting Wavegarrick
{quote} ... Cheers.
Leon, that was it! GBP makes new high but this move was so exhausted. Strong dollar.
Next week or two it will goes DOWN.
  • #792,647
  • Nov 24, 2023 6:17am Nov 24, 2023 6:17am
100%
GBPUSD long
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My telegram: https://t.me/avidforex
  • #792,648
  • Nov 24, 2023 6:17am Nov 24, 2023 6:17am
Quoting cablekingdom
{quote} Watch out fr weekly R1--1.2575....cud gv u some green pips if u short there
Hahaa...PA is wierd


I m scared to short at even 1.2575...lol...will stay away fr now
  • #792,649
  • Nov 24, 2023 6:18am Nov 24, 2023 6:18am
1.25800 next level of resistance for Cable. Let’s see how price reacts
  • #792,650
  • Nov 24, 2023 6:19am Nov 24, 2023 6:19am
Go to 1.25900 mf ,go even to 1.26500
I can take it
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yes yes yes
  • #792,651
  • Nov 24, 2023 6:19am Nov 24, 2023 6:19am
Sorry it’s 1.25950
  • #792,652
  • Nov 24, 2023 6:25am Nov 24, 2023 6:25am
Quoting fxmasterdxb
{quote} i was at like 450k losses by 2019, it was only 2020 when i started to make money, you see it has been almost 3.5 years since i started to make money and i still im 19k in loss since the account was opened in 2012. This is life cycle of the trader, you have to incur losses to start making money {image}
Very impressive recovery!

I also think having a job or very ENGAGING hobbies makes you a better trader too.
  • #792,653
  • Nov 24, 2023 6:29am Nov 24, 2023 6:29am
Hi. Clear Target Up a head looking to short from there it find setup.
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  • #792,654
  • Nov 24, 2023 6:33am Nov 24, 2023 6:33am
Closed Gbpusd long. Finished for the day
  • #792,655
  • Nov 24, 2023 6:37am Nov 24, 2023 6:37am
Quoting Torzone
{quote} Very impressive recovery! I also think having a job or very ENGAGING hobbies makes you a better trader too.
you have to be calm and cool, plus practice your normal life, engage with family & friends, go out have fun and dont be glued to the screen hoping or praying for price to go your direction.
  • #792,656
  • Nov 24, 2023 6:41am Nov 24, 2023 6:41am
Quoting BeeTogether
{quote} 12530 calling come on get that magnet out
I sure am banking on 530 to do it's job!
  • #792,657
  • Nov 24, 2023 6:51am Nov 24, 2023 6:51am
Quoting MrFanciful
And 25% lost
i've been watching your posts for months, always the same disaster.

what do you want to achieve with this pity ploy here?
trading is like dancing, don't think and just listen to the music!
  • #792,658
  • Nov 24, 2023 7:04am Nov 24, 2023 7:04am
Only thing that making sense to me
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  • #792,659
  • Nov 24, 2023 7:07am Nov 24, 2023 7:07am
Quoting MrFanciful
And 25% lost
this miserey will continue untill you start managing risk
  • #792,660
  • Nov 24, 2023 7:25am Nov 24, 2023 7:25am
Quoting navk
{quote} I think I am done on longs until NY open. 1.5 % reasonable profit on long trades in this 40 pips range. 1.2600 is what i expect today but let NY open. {image}
Did some shorting on that spike and added to my profit.

Full shorting not yet done though.
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Intraday only.
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