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Cable Update (GBPUSD)

  • #804,561
  • Jan 23, 2024 1:04pm Jan 23, 2024 1:04pm
Quoting _BBKing_
{quote} I admire your nerves in holding those longs. ok you scaled them out, but the overall hourly pattern is telling potential explosion down. I guess I never saw a rising wedge broken upward maybe on cable it can
Bro,

you're absolutely slaying it with that trading call, nearly hitting a century with those pips! You're the real MVP.

But hey, no victory smoke for me tonight since I ended up donating to the market.
Here's to hoping I'll get to puff in triumph tomorrow instead!

Keep those winning calls coming, my friend! Dont hide it from me.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #804,562
  • Jan 23, 2024 1:05pm Jan 23, 2024 1:05pm
Quoting Pat Chiko
{quote} Hey Bro. I hope so, it wont go down further making my loss bigger. Well, it seems Lady Luck had a field day with my finances tonight. I lost a whopping USD12K, which means no celebratory smoke for me as a reward. So, on the bright side, I can proudly declare that today, I'm smoke-free – all thanks to my generous donation to the market!
That’s a huge donation! But I’m sure you will be in the right side soon, so no worries
My nerves started having troubles when I started today with 2 consecutive losses for about 400$

Looks like sometimes we just need to feel the pain
90% of traders use TA, indicators and prediction
  • #804,563
  • Jan 23, 2024 1:09pm Jan 23, 2024 1:09pm
Quoting Pat Chiko
{quote} GU Stopped out. Re-entry long {image}
Sir how are you taking so sharp entries right at the wick. Are you going to tick chart to achieve this?
Just by itself, winrate is 50%, but with multitimeframe winrate is 90%
  • #804,564
  • Edited 1:31pm Jan 23, 2024 1:11pm | Edited 1:31pm
Quoting 7154Superman
{quote} Currently, I am using 7 live accounts and 1 demo. But I could use 20 live and 20 demo max at anytime if I want to. In case of extreme drawdown resulting in net loss, I will simply add more demo accounts to my trading roster, then switch them to $100 live once they reach +100%, therefore allowing greater flexibility. That's my contingency plan.

if youre gona use the hedging technique often theres this guy named aahmad29 in the gold thread that just trades that way...he has a unique system and makes live calls and trades intraday so he can be tracked and see if hes successful which he is so you may want to talk to him...hes a nice guy and will answer your questions and maybe give you some tips but first read his old posts cause you maybe get answers there LOL

he posted in here a couple times


i just have a futures and oanda account and only hedge if i start feeling anxious about my analysis and dont want to take the loss
short trump and go long the deepstate
  • #804,565
  • Jan 23, 2024 1:13pm Jan 23, 2024 1:13pm
Quoting BeeTogether
{quote} sorry to hear that mate!! Be careful tomorrow as this could go and straight down to below 126
Bro, don't pin the trade mishap on me!
It's all Waveskie's doing – he's out there sabotage-mastering my trades.


Quoting Waveskierrob
You know what, fancy a little SHORT to pay for breakfast 1.2743 no tp no sl ...
The lowest price today was 1.26487, and that's like 100 pips away from his grand short trade call of 1.2743.

Damn you, Waveskie!
Your coin-flipping skills are truly in a league of their own

I wonder if he's having a horse for breakfast.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #804,566
  • Jan 23, 2024 1:14pm Jan 23, 2024 1:14pm
Quoting Pat Chiko
{quote} Bro, you're absolutely slaying it with that trading call, nearly hitting a century with those pips! You're the real MVP. But hey, no victory smoke for me tonight since I ended up donating to the market. Here's to hoping I'll get to puff in triumph tomorrow instead! Keep those winning calls coming, my friend! Dont hide it from me.
ahahah
Ok will keep on posting what I see but hey, I could be wrong
You know what? I started shorting about 40 pips lower than where I should have done.

Reason is that, no matter what, I still believe this thing is going to get into the 1.28 area at least. 2870 my favorite.
so with this bias, I find not simple to accept short setups.

tomorrows calendar will probably give more insights
90% of traders use TA, indicators and prediction
  • #804,567
  • Jan 23, 2024 1:16pm Jan 23, 2024 1:16pm
Quoting Pat Chiko
{quote} .….eir own I wonder if he's having a horse for breakfast.

rofl
90% of traders use TA, indicators and prediction
  • #804,568
  • Jan 23, 2024 1:17pm Jan 23, 2024 1:17pm
Quoting Moty
Now i am sync with my strategy, i was long untill now Sl 4 pips Tp 7.3 pips minus 1.3 pips spread,= 6 pips {image} {image}
Yea yes yes
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yes yes yes
  • #804,569
  • Jan 23, 2024 1:19pm Jan 23, 2024 1:19pm
Quoting _BBKing_
Hourly compression on Eur Gbp {image}
Compression is still ongoing and even more compressed.
if you put cable chart and the iuro dollar chart one above the other, you see how more clean is the iuro move
90% of traders use TA, indicators and prediction
  • #804,570
  • Jan 23, 2024 1:19pm Jan 23, 2024 1:19pm
Quoting melord
{quote} Sir how are you taking so sharp entries right at the wick. Are you going to tick chart to achieve this?
End of H4 candle at OB (Sell Side Liquidity) discounted price.
The lowest TF I trade is M30.

Attached Image (click to enlarge)
Click to Enlarge Name: gu 064.jpg Size: 172 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #804,571
  • Jan 23, 2024 1:35pm Jan 23, 2024 1:35pm
Quoting _BBKing_
{quote} ahahah Ok will keep on posting what I see but hey, I could be wrong You know what? I started shorting about 40 pips lower than where I should have done. Reason is that, no matter what, I still believe this thing is going to get into the 1.28 area at least. 2870 my favorite. so with this bias, I find not simple to accept short setups. tomorrows calendar will probably give more insights
No worries Bro, keep it coming...

Anf please do not concern yourself with providing real-time trade calls.
Making a real-time call that turns out to be incorrect is far more commendable than offering accurate calls in hindsight.
When you provide real-time calls, it prompts genuine traders to analyze and derive valuable lessons from the reasoning behind your trade decisions.

Professional traders often refer to those who make real-time trades as having the courage and conviction. (in French : you got the balls)
On the other hand, calls made in hindsight are typically intended to preserve one's reputation and project an image of flawless trading, which can present a misleading view of a trader's capability. ( i dont know what French call it....)

Take care and thanks for sharing
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #804,572
  • Jan 23, 2024 1:39pm Jan 23, 2024 1:39pm
Quoting mastersplint
{image}
Well that didnt end well lol

Took a loss on this one. I believe price did end up finding support and we should be bullish rest of the week potentially.
It tapped my daily downward TL, bug rejection

To my understanding, when price consolidates. it creates a break (people think fake break) to come back and test support. To then have another even bigger push in the direction of the break.
The big sell off it so trick swing traders and such to believe market will continue bearish in this instance.
"Anger clouds the mind. Turned inward, it is an unconquerable enemy."
  • #804,573
  • Jan 23, 2024 1:40pm Jan 23, 2024 1:40pm
Quoting Pat Chiko
{quote} End of H4 candle at OB (Sell Side Liquidity) discounted price. The lowest TF I trade is M30. {image}
I feel we are headed to 1.27500 area next
"Anger clouds the mind. Turned inward, it is an unconquerable enemy."
  • #804,574
  • Jan 23, 2024 1:42pm Jan 23, 2024 1:42pm
Classic
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yes yes yes
  • #804,575
  • Jan 23, 2024 1:48pm Jan 23, 2024 1:48pm
Out with minor 20$ loss
I entered at 1.26800 area for long
Price dropped 30 pips , and i was in 150 $ floating loss
Because my position was 0.5 lot size
Lucky for me price came back up
I hope tomorrow i will trade with my strategy and not against it
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yes yes yes
  • #804,576
  • Jan 23, 2024 1:53pm Jan 23, 2024 1:53pm
GU gave a beautiful price action today.
As far as I'm concerned, GU is bearish according to my BTMM system(We have a downward cross of EMAs 50 & 200 on 15 Minutes timeframe.
Although I'm holding a small buy up to EMA 50, I have a sell limit @ 1.2700.
Let's see how it goes.
Good luck!
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  • #804,577
  • Jan 23, 2024 1:59pm Jan 23, 2024 1:59pm
Quoting kenny4real
GU gave a beautiful price action today. As far as I'm concerned, GU is bearish according to my BTMM system(We have a downward cross of EMAs 50 & 200 on 15 Minutes timeframe. Although I'm holding a small buy up to EMA 50, I have a sell limit @ 1.2700. Let's see how it goes. Good luck! {image}
Meanwhile if price rally to 1.27000 and above, I'll add to my sell for 30-50pips. This is called a "Safety Trade" according to BTMM
  • #804,578
  • Jan 23, 2024 2:02pm Jan 23, 2024 2:02pm
Very impressive retrace. Long to 127
Insane in the Brain..
  • #804,579
  • Jan 23, 2024 2:04pm Jan 23, 2024 2:04pm
Bearish on GU, 1.25800 target.
Attached Image (click to enlarge)
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  • #804,580
  • Jan 23, 2024 2:05pm Jan 23, 2024 2:05pm
Quoting 7154Superman
{quote} Yes, today seems to be bull trap day. Tomorrow or Wednesday, we drop hard.
Was this accurate?
You cannot fail if you never give up.
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