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Cable Update (GBPUSD)

  • #799,761
  • Dec 29, 2023 11:25am Dec 29, 2023 11:25am
Quoting Jolita
{quote} Good trading! Closed mine as well, one on NY re-opened as positive stop swiped my trade and re-opened again. Nasdaq closed aswell, it was worth waiting. Thinking of switching GU for EU plus back to WTI. Happy 2024!!!
I cant post Oil in the WTI thread and its a strange green colour when i look, Would it be something to do with my settings ?
  • #799,762
  • Dec 29, 2023 11:29am Dec 29, 2023 11:29am
The last trading day of the year and the experts are looking for 100 pip range. What... the fuck.

I wish I could trade on how predictable this place is.
Congratulations ScalaFX for coming out of the closet!
  • #799,763
  • Dec 29, 2023 11:29am Dec 29, 2023 11:29am
Quoting Jolita
{quote} Good trading! Closed mine as well, one trade during NY reopening swiped my positive stop, had to re-open again. Nasdaq closed aswell, it was worth waiting. Thinking of switching GU for EU plus back to WTI. Happy 2024!!!
You showed patience and reaped the rewards...Happy New Year to you also ...
  • #799,764
  • Dec 29, 2023 11:32am Dec 29, 2023 11:32am
Quoting tiborf71
{quote} well, yes, this can also be an edge that can be exploited. if DD can be controlled.
And most importantly, once one makes money, ( using Frankfurt london open and fibo combination ) he should exit mt4, without overtrading.

Attached is 5 min chart
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDxM5.png Size: 13 KB
Intraday only.
  • #799,765
  • Dec 29, 2023 11:32am Dec 29, 2023 11:32am
Quoting T721
{quote} I cant post Oil in the WTI thread and its a strange green colour when i look, Would it be something to do with my settings ?
You have to sign with-
https://www.energyexch.com/

Next to your profile picture press on settings, adjust time and tick relevant boxes.

Hope this will help.
  • #799,766
  • Dec 29, 2023 11:33am Dec 29, 2023 11:33am
Quoting nubcake
The last trading day of the year and the experts are looking for 100 pip range. What... the fuck. I wish I could trade on how predictable this place is.
3$ and some change on Oil, was well worth it for me
  • #799,767
  • Dec 29, 2023 11:34am Dec 29, 2023 11:34am
Quoting Jolita
{quote} You have to sign with- https://www.energyexch.com/ Next to your profile picture press on settings, adjust time and tick relevant boxes. Hope this will help.
Brilliant, thanks for your help
  • #799,768
  • Dec 29, 2023 11:40am Dec 29, 2023 11:40am
Quoting Wavegarrick
{quote} Buy trade in at 1.27703 just above my daily pivot and will look to add towards 1.27500. Take care. {image}
Anyway folks, Gu seems to be setting up for intraday buy trades and a possible try for the highs. Here's the caveat. 1.2750 is an important quarterly level. I was hoping for a yearly close, close to 1.3000 but it is evident that it won't happen. A close near 1.27500 could see a 500 pip drop in the 1st quarter to around 1.2250. Next week will be very slow, so I will look to clear out some trades. Don't want to be caught on the wrong side of it.
Have a happy and prosperous new year.
Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_86.png Size: 37 KB
Trade to trade another day
  • #799,769
  • Dec 29, 2023 11:41am Dec 29, 2023 11:41am
Quoting T721
{quote} Oil ::: quick update some easy money imo.... Just updating incase somebugger followed me {image} {image} {image}
I saw that
but was stricken to my rules so was buying near supports
ended bad but not much I was able to close it in minor loss

will be ready next year to trade again, I like trading oil , and when able to read it, is a great mover
90% of traders use TA, indicators and prediction
  • #799,770
  • Dec 29, 2023 11:45am Dec 29, 2023 11:45am
Quoting _BBKing_
{quote} I saw that but was stricken to my rules so was buying near supports ended bad but not much I was able to close it in minor loss will be ready next year to trade again, I like trading oil , and when able to read it, is a great mover
Will try and post Oil updates for you im my thread next year if im around pal
  • #799,771
  • Dec 29, 2023 11:46am Dec 29, 2023 11:46am
Quoting navk
{quote} And most importantly, once one makes money, ( using Frankfurt london open and fibo combination ) he should exit mt4, without overtrading. Attached is 5 min chart {image}
there are ideas that deserve recognition.
  • #799,772
  • Dec 29, 2023 11:47am Dec 29, 2023 11:47am
Quoting _BBKing_
{quote} I saw that but was stricken to my rules so was buying near supports ended bad but not much I was able to close it in minor loss will be ready next year to trade again, I like trading oil , and when able to read it, is a great mover
At least it was a minor loss --- Just remember a series of losing trades should not kill your account, we need chips left to keeep trading ... NEVER GO BALLSDEEP no matter how good the setup looks
  • #799,773
  • Dec 29, 2023 11:48am Dec 29, 2023 11:48am
Quoting T721
{quote} Will try and post Oil updates for you im my thread next year if im around pal
this atm printed the “wtf pattern”

I hate when it happens. And learnt to simply stay out when it comes.
Attached Image (click to enlarge)
Click to Enlarge Name: Oil.png Size: 65 KB
90% of traders use TA, indicators and prediction
  • #799,774
  • Dec 29, 2023 11:50am Dec 29, 2023 11:50am
Quoting T721
{quote} At least it was a minor loss --- Just remember a series of losing trades should not kill your account, we need chips left to keeep trading ... NEVER GO BALLSDEEP no matter how good the setup looks
my max risk x trade is 1% acc. Usually 0,5%
so no worries
90% of traders use TA, indicators and prediction
  • #799,775
  • Dec 29, 2023 11:53am Dec 29, 2023 11:53am
can we reach 40K page before New Year?
  • #799,776
  • Dec 29, 2023 11:57am Dec 29, 2023 11:57am
Anyway, market is not closed yet.
I'm really curious to see how price develops.
90% of traders use TA, indicators and prediction
  • #799,777
  • Dec 29, 2023 11:57am Dec 29, 2023 11:57am
Quick! Someone put on a trade and margin call into the new year! Start the year in style.
Congratulations ScalaFX for coming out of the closet!
  • #799,778
  • Dec 29, 2023 11:59am Dec 29, 2023 11:59am
Quoting _BBKing_
Anyway, market is not closed yet. I'm really curious to see how price develops.

Bears went home probably ? !
  • #799,779
  • Dec 29, 2023 12:01pm Dec 29, 2023 12:01pm
Today or next week
Attached Image (click to enlarge)
Click to Enlarge Name: Gu.png Size: 55 KB
90% of traders use TA, indicators and prediction
  • #799,780
  • Dec 29, 2023 12:02pm Dec 29, 2023 12:02pm
Quoting azhantahir
{quote} Nothing to lie. Loss VS Profit. Ending must be profitable. This means we are winning in control of our emotions. Time to sell Gold {image}

Gold expansions
Look right, we'll see the signs
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