If out this play
2730 met will be
2730 met will be
90% of traders use TA, indicators and prediction
Cable Update (GBPUSD)
- #806,061
- Jan 30, 2024 11:37am Jan 30, 2024 11:37am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
- #806,062
- Jan 30, 2024 11:40am Jan 30, 2024 11:40am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
{quote} lucky trade continues {image}
I use smaller size (atn)
90% of traders use TA, indicators and prediction
- #806,063
- Jan 30, 2024 11:44am Jan 30, 2024 11:44am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
Today I was not really charting.
but couldn’t resist to watch the action over the news.
wasted 1million on the move down
was willing to buy a shitload of lots when price printed ask 1.2642 but gave up and preferred waiting a confirmation
I don’t really like buy the falling knife.
definetly better wasting money in stupid ideas
sarcasm is not my quality
working on that
btw, I guess my strategy is ready.
once I will understand how it works, I will post some charts
but couldn’t resist to watch the action over the news.
wasted 1million on the move down
was willing to buy a shitload of lots when price printed ask 1.2642 but gave up and preferred waiting a confirmation
I don’t really like buy the falling knife.
definetly better wasting money in stupid ideas
sarcasm is not my quality
working on that
btw, I guess my strategy is ready.
once I will understand how it works, I will post some charts
90% of traders use TA, indicators and prediction
- #806,064
- Jan 30, 2024 11:49am Jan 30, 2024 11:49am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,555 Posts
{quote} GU Thanks for the head ups Birdland. Try some long , maybe got luck{image}
These revenge trades are a repetition of yesterday's retaliatory moves.
Done in Real Time posting.
I sincerely hope it doesn't become a habit to engage in revenge trading every time I get stopped out.
This can upset the market maker's strategy in getting free money from me.
.It's crucial to avoid revenge trades, as they require a deep understanding of how price movements work to execute highly precise trades.
Don't attempt this without a thorough understanding and adult supervision.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #806,065
- Jan 30, 2024 11:52am Jan 30, 2024 11:52am
- Joined May 2017 | Status: Intermediate Trader | 6,431 Posts | Online Now
Extreme gut feeling trader
- #806,066
- Jan 30, 2024 11:58am Jan 30, 2024 11:58am
- Joined Sep 2017 | Status: Trader | 11,377 Posts
{quote} 2nd active 2685, pendings 2695 2705 2715, no time to watch all the time and slaping big Gurus day and day
- #806,067
- Jan 30, 2024 12:01pm Jan 30, 2024 12:01pm
- Joined May 2012 | Status: Senior Member | 3,110 Posts
- #806,068
- Jan 30, 2024 12:48pm Jan 30, 2024 12:48pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
Today’s action on cable as I was watching it.
every block is a 4h candle, the indicator draws following candles (otherwise I would become multi trillionaire in one day)
this view gives a very good view of
- where price found rejections (see in yellow the first in 1.2700 in London morning then today during ny)
- where are main PoC (the maximum traded price for a block)
- where price found more volumes during a block, creating more or less powerful value areas
i added Emas but I still try to figure out if they can help or only confuse the scenario.
i also use rsi as entry filter (never buy the 1m overbought rsi - never sell the 1m oversold rsi)
this, of course, requires to understand what is happening around, where are main key price levels and what is more likely to happen in the instrument.
wonder if there is a strategy out there, to be used without knowing anything else than what indicators say.
so I have my own 1h and 4h chart study, because I need to know the importance of 2640 level to understand the power of this actual bounce from it.
sharing so maybe someone can grasp ideas
every block is a 4h candle, the indicator draws following candles (otherwise I would become multi trillionaire in one day)
this view gives a very good view of
- where price found rejections (see in yellow the first in 1.2700 in London morning then today during ny)
- where are main PoC (the maximum traded price for a block)
- where price found more volumes during a block, creating more or less powerful value areas
i added Emas but I still try to figure out if they can help or only confuse the scenario.
i also use rsi as entry filter (never buy the 1m overbought rsi - never sell the 1m oversold rsi)
this, of course, requires to understand what is happening around, where are main key price levels and what is more likely to happen in the instrument.
wonder if there is a strategy out there, to be used without knowing anything else than what indicators say.
so I have my own 1h and 4h chart study, because I need to know the importance of 2640 level to understand the power of this actual bounce from it.
sharing so maybe someone can grasp ideas
90% of traders use TA, indicators and prediction
- #806,070
- Jan 30, 2024 12:51pm Jan 30, 2024 12:51pm
- Joined Oct 2009 | Status: . | 4,038 Posts
{quote} 2nd active 2685, pendings 2695 2705 2715, no time to watch all the time and slaping big Gurus day and day
Congratulations ScalaFX for coming out of the closet!
- #806,071
- Jan 30, 2024 12:55pm Jan 30, 2024 12:55pm
- Joined May 2021 | Status: Trader | 7,225 Posts
{quote} So awesome that you average down. Such a unique and professional method
People don't plan to lose. They lose because they don't plan.
- #806,072
- Jan 30, 2024 1:00pm Jan 30, 2024 1:00pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
The same can apply to any market
i use different colours so I don’t get fooled with sizes (in the past I destroyed an account opening a shitload on oil)
i use different colours so I don’t get fooled with sizes (in the past I destroyed an account opening a shitload on oil)
90% of traders use TA, indicators and prediction
- #806,073
- Jan 30, 2024 1:07pm Jan 30, 2024 1:07pm
- Joined Jan 2012 | Status: Always Decisive | 4,425 Posts
Today I was not really charting. but couldn’t resist to watch the action over the news. wasted 1million on the move down was willing to buy a shitload of lots when price printed ask 1.2642 but gave up and preferred waiting a confirmation I don’t really like buy the falling knife. definetly better wasting money in stupid ideas sarcasm is not my quality working on that btw, I guess my strategy is ready. once I will understand how it works, I will post some charts
12640 was my brokers selling signal tp.
Nice spot to buy again. Would like Asia to retest lower.
If you master ranges can definitely bring green pips.
If it breaks any direction, wait for a retest and enter into direction of the breakout.
Example
- #806,074
- Jan 30, 2024 1:08pm Jan 30, 2024 1:08pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #806,075
- Jan 30, 2024 1:11pm Jan 30, 2024 1:11pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #806,076
- Jan 30, 2024 1:20pm Jan 30, 2024 1:20pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #806,077
- Jan 30, 2024 1:20pm Jan 30, 2024 1:20pm
- Joined Jan 2012 | Status: Always Decisive | 4,425 Posts
- #806,078
- Jan 30, 2024 1:21pm Jan 30, 2024 1:21pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #806,079
- Jan 30, 2024 1:27pm Jan 30, 2024 1:27pm
- Joined Jan 2012 | Status: Always Decisive | 4,425 Posts
- #806,080
- Jan 30, 2024 1:51pm Jan 30, 2024 1:51pm
- Joined Jan 2012 | Status: Always Decisive | 4,425 Posts
Definitely this message ain't for the 1-5 pip scalpersSimple logic though very few have it in this damn era
On long term trend that's all that matters, GU planted a low 1.0330s then went all the way to 1.3150, retraced back to 1.20s, do you really think that was the higher low , well I only see lower high here and yet a nice lower low near parity is coming
