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Cable Update (GBPUSD)

  • #827,561
  • Edited 10:38am May 30, 2024 10:27am | Edited 10:38am
Quoting HaLBot
{quote} I know a guy here in Melbourne who runs Poker games and all this training in forex has got me wondering whether it'll make you a good poker player Professional Poker players will tell you it's not a game of chance but a game of probabilities...


any strategy without money management is useless, nobody have the best strategy its all game of mitigating and capitalizing on the market movement.
Swing Trading // 1 SETUP # UNLIMITED PATIENCE
  • #827,562
  • May 30, 2024 10:34am May 30, 2024 10:34am
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yes yes yes
  • #827,563
  • May 30, 2024 10:47am May 30, 2024 10:47am
Quoting Sammih
{quote} added some shorts {image}
added last shorts just above red area. Now for the drop.
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I'm high on trading, cant you tell?
  • #827,564
  • May 30, 2024 10:51am May 30, 2024 10:51am
Quoting Yngwie
Sold 1.2714 SL 1.2754 (revised)
Last trade add short 1.2745
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #827,565
  • May 30, 2024 10:52am May 30, 2024 10:52am
limit up broken , so bull may happy to correct , watching if breaks and hold 2728! we know usd in great trouble and tanking , so bull may take any advantage at any level! take care
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #827,566
  • May 30, 2024 11:02am May 30, 2024 11:02am
Quoting Yngwie
{quote} Last trade add short 1.2745
Looks like a good entry for longterm short after rejection from 1.2800. If that head and shoulder is confirmed in H4.
Set GOAL, REACH and REPEAT.
  • #827,567
  • May 30, 2024 11:02am May 30, 2024 11:02am
Trading is difficult, you dont know what is going to happen in next minute

but you can play Defensive game with ur Capital
Swing Trading // 1 SETUP # UNLIMITED PATIENCE
  • #827,568
  • May 30, 2024 11:09am May 30, 2024 11:09am
Rejection
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yes yes yes
  • #827,569
  • May 30, 2024 11:11am May 30, 2024 11:11am
Quoting Moty
Rejection {image}
now get that frigging hammer out and smash that trapdoor?
Insane in the Brain..
  • #827,570
  • May 30, 2024 11:19am May 30, 2024 11:19am
Did reasonably well on this slow day

70% Trades are long trades.

Short trades did not yield much.

2745 is resistance as I stated elsewhere.

That is why this pull back today.

Tomorrow ( Friday ) is another day.

Any dips can be bought for today
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Intraday only.
  • #827,571
  • May 30, 2024 11:35am May 30, 2024 11:35am
Quoting thevisitor
{quote} closed long first short 1.2740
sorry, 1.2730
  • #827,572
  • May 30, 2024 11:41am May 30, 2024 11:41am
Crooky mf
Come on, form an evening star pattern
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yes yes yes
  • #827,573
  • May 30, 2024 11:53am May 30, 2024 11:53am
Quoting Moty
Crooky mf Come on, form an evening star pattern {image}
abandon all hope
I'm high on trading, cant you tell?
  • #827,574
  • May 30, 2024 11:56am May 30, 2024 11:56am
Quoting Sammih
{quote} abandon all hope
Shorted GBPJPY again to try it....red now but holding on. Sell at 199.591 lol.
  • #827,575
  • May 30, 2024 12:01pm May 30, 2024 12:01pm
Quoting SmallGains
{quote} Shorted GBPJPY again to try it....red now but holding on. Sell at 199.591 lol.
I like this trade. Had been looking for 63 to short, so a good entry in my opinion
I'm high on trading, cant you tell?
  • #827,576
  • May 30, 2024 12:02pm May 30, 2024 12:02pm
Quoting Moty
15 pips in the making {image}

No offense, but your risk management gave me cancer.
  • #827,577
  • May 30, 2024 12:03pm May 30, 2024 12:03pm
I would avoid taking trades in the last 4 hrs.

The high / low of first five 4hrs need not be high or low of that particular day.

Having said, as i stated in my previous post, the dips can be bought for today.
Intraday only.
  • #827,578
  • May 30, 2024 12:06pm May 30, 2024 12:06pm
Quoting chacho.fx
{quote} No offense, but your risk management gave me cancer.
If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.
  • #827,579
  • May 30, 2024 12:10pm May 30, 2024 12:10pm
Jizzbag still on here watching for a wounded trader to pounce on, please don't give any money to this guy, if nobody gives him money then I can sleep well and don't take any notice of his bullshit if he tries to PM you....you might as well piss off now Jizzbag...
  • #827,580
  • Edited 12:43pm May 30, 2024 12:15pm | Edited 12:43pm
H4 will do next high.
H4 buy.H1 buy.When we see opposite direction.
the problem where you buy.it can never return back,how it drop,the same way it will rise. i say, it drop more than expected. maybe it returns i dont know.
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