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Cable Update (GBPUSD)

  • #795,361
  • Dec 6, 2023 5:11am Dec 6, 2023 5:11am
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yes yes yes
  • #795,362
  • Dec 6, 2023 5:12am Dec 6, 2023 5:12am
Quoting Luxyus
{quote} infact he s already traveling to south, i m waiting him on critical daily cluster 1.2534/29 as you can see on my plan showed in the chart, expecting magnum EoY rush to 1.2877. fingers crossed {image}
I wish it was me
yes yes yes
  • #795,363
  • Dec 6, 2023 5:15am Dec 6, 2023 5:15am
next 2550 before NY..maybe..or push up from here...sl still 2611
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  • #795,364
  • Dec 6, 2023 5:17am Dec 6, 2023 5:17am
15M 4hr candle bearish confirmation waiting for 1hr candle to confirm then should be sell signalor has the selling begun
average dude treading water
  • #795,365
  • Edited 5:41am Dec 6, 2023 5:18am | Edited 5:41am
...a bit more detail on 1hr...price currently challenging prev 1hr sw lo zone down to Asian lo/current dly lo / top of the 4hr part of the prev 1hr/minor 4hr sw lo zone that extends down to y/day's 2577 lo. Any bulls waiting here?

1hr below
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Trader with an Edge.
  • #795,366
  • Dec 6, 2023 5:19am Dec 6, 2023 5:19am
Quoting MIKKI
15M 4hr candle bearish confirmation waiting for 1hr candle to confirm then should be sell signalor has the selling begun
for me valid bearish if H1 can close below 2590
  • #795,367
  • Dec 6, 2023 5:23am Dec 6, 2023 5:23am
Quoting Zebi
i stayed up past my bedtime to short the hell out of GU on a hourly or 4H candle and i made the mistake of watching the 5 min chart LOL i gave myself a headache LOL..i could just imagine the nervous wrecks 1 min scalpers are and look like this LOL i cant believe people sit and watch this minutiae day in and day out {image}
Hi, some have mastered finding hi-probability entries/exits via the lower t/f's with their Edges, and get as much 'action/price movement' as they need in a few hours/day trading to make a good living. It doesn't have to be as you describe. 'Horses for courses' and all that.
-------------------------------------------------

The 3 fib cluster @ y/day's lo extends down to 2568, next fib cluster to downside - another 3 fib cluster is 2558-53.
Trader with an Edge.
  • #795,368
  • Dec 6, 2023 5:35am Dec 6, 2023 5:35am
Hold it !!!!
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yes yes yes
  • #795,370
  • Dec 6, 2023 5:36am Dec 6, 2023 5:36am
Gold maybe 2000 today NY
  • #795,371
  • Dec 6, 2023 5:36am Dec 6, 2023 5:36am
Closed out all positions. Just following the 9EMA on 1 minute chart.
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  • #795,372
  • Dec 6, 2023 5:43am Dec 6, 2023 5:43am
Quoting vankiepsauff
i'm short at 1.2603
sl to be
vankiepsauff@gmail
  • #795,373
  • Dec 6, 2023 5:43am Dec 6, 2023 5:43am
...1st downside break of Asian lo to a new current dly lo touches top of 1hr part of the prev 1hr/minor 4hr sw lo zone that extends down to y/day's 2577 lo.

1hr below
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Trader with an Edge.
  • #795,374
  • Dec 6, 2023 5:43am Dec 6, 2023 5:43am
Quoting MrFanciful
Closed out all positions. Just following the 9EMA on 1 minute chart. {image}
Winning one trade mean nothing, if you are unable to keep the profits.
In other words, it mean nothing if you end up giving back the profits + your capital to market on the next trade.
More time in the market, does not mean you trade better!
  • #795,375
  • Dec 6, 2023 5:44am Dec 6, 2023 5:44am
partial close and move sl to 2601
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  • #795,376
  • Dec 6, 2023 5:46am Dec 6, 2023 5:46am
Quoting Fardeen1209
{quote} Winning one trade mean nothing, if you are unable to keep the profits. In other words, it mean nothing if you end up giving back the profits + your capital to market on the next trade.
Totally agree
  • #795,377
  • Dec 6, 2023 5:55am Dec 6, 2023 5:55am
Quoting Fardeen1209
{quote} Winning one trade mean nothing, if you are unable to keep the profits. In other words, it mean nothing if you end up giving back the profits + your capital to market on the next trade.
EXAMPLE: Check Moty's posts over a month and see the yo-yo effect.
To free Gazans of Hamas, use whatever it takes.
  • #795,378
  • Dec 6, 2023 5:56am Dec 6, 2023 5:56am
I have a strategy that works really well when it's ranging and another that works really well when it's trending. The, almost impossible, task for me is to figure out which I'm currently in. Haven't found a reliable way yet.
  • #795,379
  • Dec 6, 2023 5:58am Dec 6, 2023 5:58am
Quoting MrFanciful
I have a strategy that works really well when it's ranging and another that works really well when it's trending. The, almost impossible, task for me is to figure out which I'm currently in. Haven't found a reliable way yet.
try draw trendline..
  • #795,380
  • Dec 6, 2023 6:01am Dec 6, 2023 6:01am
7-1
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yes yes yes
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