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New Cable Thread & Other Pairs

  • #4,581
  • May 15, 2024 5:59am May 15, 2024 5:59am
Quoting FranG
EUR/USD 1/2 house in, the other half reserved in case this goes to 1.0865. I can see a tent on @guguxpto's land and a beautiful villa by the coast, what will be my destination? Good luck to everyone!
No problem people there is plenty of space for construction of hotel capsule or tents it is Portugal Algarve near of the beach we will be ok crying because we lost but we have to move on .
But that won’t happen , I think , because still the same wait for down move .
There is a Chanel up ending on top Chanel bigger view down , resistance Fibo and you can see my idea still 85 88 max .
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Scalping
  • #4,582
  • May 15, 2024 6:06am May 15, 2024 6:06am
H4
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  • #4,583
  • May 15, 2024 6:09am May 15, 2024 6:09am
EU
1.0835 is working, price should retrace a bit, maybe 1.08 area.

Gold
Looks like retest of 2359 intraday resistance which could now become support for another leg to 2395-2400.

GU
H&S failure is a risk factor for this whole EU setup, Gold also needs higher.

Conclusion. Today will be another episode of the U.S. data circus, more lies and more manipulation of statistics to makes us believe inflation is under control and everything is fine.

If you have the chance to move your stops, after price moves 25-30 pips, great!!
We watch the charts from every angle so you don't have to!!
  • #4,584
  • May 15, 2024 6:13am May 15, 2024 6:13am
Quoting dilidanjaro
{quote} my sl is 8550.. 20-25pips for me it's nothing.. depends on risk ratio, i have 1% risk and for tp i'm looking at 100pips+
I don't have nerves for such distances, because for me the direction can change at any moment and I want to be with the steering wheel in my hand and the brake under my foot, to be ready and maybe take the opposite side,
And I agree, it all depends on RR,
100 pips or 20 pips can give the same result,
I don't think I've ever done 100 pips lol
I finally found something GU,
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'In the clearing stands a boxer And a fighter by his trade..'
  • #4,585
  • May 15, 2024 6:15am May 15, 2024 6:15am
Quoting GOR
{quote} I don't have nerves for such distances, because for me the direction can change at any moment and I want to be with the steering wheel in my hand and the brake under my foot, to be ready and maybe take the opposite side, And I agree, it all depends on RR, 100 pips or 20 pips can give the same result, I don't think I've ever done 100 pips lol I finally found something GU, {image}
yes but depends the HTF for example, u are 1min... it's like doing cocaine imo.. i m using daily/4h/and for entries 1h... everyone has it's style! Good job!
...I Bet You Ain't Never Seen A Donkey Fly!
  • #4,586
  • May 15, 2024 6:17am May 15, 2024 6:17am
Quoting FranG
EUR/USD 1/2 house in, the other half reserved in case this goes to 1.0865. I can see a tent on @guguxpto's land and a beautiful villa by the coast, what will be my destination? Good luck to everyone!
All my free money is bet....see if I can get my first margin call on my account hahaha. Hopefully its a whipsaw before going down.
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  • #4,587
  • May 15, 2024 6:23am May 15, 2024 6:23am
Quoting dilidanjaro
{quote} yes but depends the HTF for example, u are 1min... it's like doing cocaine imo.. i m using daily/4h/and for entries 1h... everyone has it's style! Good job!
You're right mate, I always prefer to close my shop before NY, and let the big boys play their tricks)
'In the clearing stands a boxer And a fighter by his trade..'
  • #4,588
  • May 15, 2024 6:33am May 15, 2024 6:33am
Quoting guguxpto
{quote} No problem people there is plenty of space for construction of hotel capsule or tents it is Portugal Algarve near of the beach we will be ok crying because we lost but we have to move on . But that won’t happen , I think , because still the same wait for down move . There is a Chanel up ending on top Chanel bigger view down , resistance Fibo and you can see my idea still 85 88 max . {image}
Plenty of room to buy but its a double edged sword! But anyway the tent will be left over! We can sell it for a profit to the next - probably a eu seller!

Sorry for the laughs everyone, dont take it seriously, just an innocent joke.
Looking for profitable short term trades ...|
  • #4,589
  • May 15, 2024 7:13am May 15, 2024 7:13am
Quoting SmallGains
{quote} All my free money is bet....see if I can get my first margin call on my account hahaha. Hopefully its a whipsaw before going down. {image}
Be careful man, always have a risk management strategy and stick to it no matter what the context is

I hope your short and mine turn green!

PS: You are very overleveraged, unwinding some short positions to gain some room in case this goes to 1.0865 wouldn't be a bad idea.
@Fran_Trades
  • #4,590
  • May 15, 2024 7:20am May 15, 2024 7:20am
Quoting SmallGains
{quote} All my free money is bet....see if I can get my first margin call on my account hahaha. Hopefully its a whipsaw before going down. {image}
be carful use stop loss and money management
I always say
either I’m right or stop loss
Scalping
  • #4,591
  • May 15, 2024 7:36am May 15, 2024 7:36am
EURUSD

CPI 0.3%, what a joke What a nice way to cook up a first rate cut in July.
@Fran_Trades
  • #4,592
  • May 15, 2024 7:37am May 15, 2024 7:37am
Quoting lakayorex.21
Scalping GU fingers crossed {image}
target hit $$$$$$
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  • #4,593
  • May 15, 2024 7:40am May 15, 2024 7:40am
So far just missed my stop loss by less than a pip
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Still only 1% loss though if it hits it.
  • #4,594
  • May 15, 2024 7:41am May 15, 2024 7:41am
Quoting FranG
EURUSD CPI 0.3%, what a joke What a nice way to cook up a first rate cut in July.
It definitely feels that way lol
  • #4,595
  • May 15, 2024 7:44am May 15, 2024 7:44am
Double top on H1 Gold? Target 2306…
  • #4,596
  • May 15, 2024 7:45am May 15, 2024 7:45am
Quoting FranG
EURUSD CPI 0.3%, what a joke What a nice way to cook up a first rate cut in July.
Yea looking like maybe a rate cut in the mix after all. Just means we are going to be stuck paying more for everything for a longer period of time.
  • #4,597
  • May 15, 2024 7:52am May 15, 2024 7:52am
last trade of the day ...tight SL
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  • #4,598
  • May 15, 2024 7:54am May 15, 2024 7:54am
Revised TP to 12700 however we may not get there today
Insane in the Brain..
  • #4,599
  • May 15, 2024 7:54am May 15, 2024 7:54am
Damn it... i hate camping
Don't follow my trades. Challenge my Analysis!
  • #4,600
  • May 15, 2024 8:01am May 15, 2024 8:01am
sell 8630 very small risk,
'In the clearing stands a boxer And a fighter by his trade..'
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