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Cable Update (GBPUSD)

  • #829,021
  • Jun 11, 2024 5:59am Jun 11, 2024 5:59am
Quoting SmallGains
{quote} Lol yea EU in the toilet while GU is def holding its own. Sure there is plays to be made though.
Absolutely, and without fear. You gotta be "in-it-to-win-it". One of the hardest things I read hear a lot is people "waiting" for confirmation"... Well, who was in the confirmation move? ... the confirmation WAS the move!
Emotional Control. Process, not outcome.
  • #829,022
  • Jun 11, 2024 6:04am Jun 11, 2024 6:04am
Quoting navk
price entering into short zone {image}
sell zone entered.

But cuation is needed in selling.

See the chart on 15 min
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.rM15.png Size: 16 KB
Intraday only.
  • #829,023
  • Jun 11, 2024 6:04am Jun 11, 2024 6:04am
Quoting Konichiwhaat
{quote} Absolutely, and without fear. You gotta be "in-it-to-win-it". One of the hardest things I read hear a lot is people "waiting" for confirmation"... Well, who was in the confirmation move? ... the confirmation WAS the move!
Sometimes its better to just be lucky than to be good.
  • #829,024
  • Jun 11, 2024 6:06am Jun 11, 2024 6:06am
Quoting Yngwie
1.2750
Target achieved. Bears time. Sold 1.2745
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #829,025
  • Jun 11, 2024 6:08am Jun 11, 2024 6:08am
Quoting SmallGains
{quote} Sometimes its better to just be lucky than to be good.
Nope. You need a plan, back by data and testing. Otherwise you will be fucked
Emotional Control. Process, not outcome.
  • #829,026
  • Jun 11, 2024 6:13am Jun 11, 2024 6:13am
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yes yes yes
  • #829,027
  • Jun 11, 2024 6:18am Jun 11, 2024 6:18am
Quoting navk
{quote} sell zone entered. But cuation is needed in selling. See the chart on 15 min {image}
Navk... do yo sleep?

I see you here at the Tokyo open, and I'm usually all done by 6pm Tokyo. But hanging out a bit longer tonight with the cool western kids. Where are you based man?
Emotional Control. Process, not outcome.
  • #829,028
  • Jun 11, 2024 6:22am Jun 11, 2024 6:22am
Quoting BeeTogether
{quote} I think we will be in a tight range until FOMC tomorrow. Whilst a drop to 12650 before would be great giving the notion that we could see 12500 if the Fed is hawkish. So far we aren’t getting close to 127. Need a lower break out
It will happen. Just time. Just as they delayed the fall and suddenly dropped outta the sky. Same should happen. That monthly pivot will be met with grace.
  • #829,029
  • Jun 11, 2024 6:25am Jun 11, 2024 6:25am
Quoting Mitiblotch
{quote} It will happen. Just time. Just as they delayed the fall and suddenly dropped outta the sky. Same should happen. That monthly pivot will be met with grace.
I got 124-12550 as an area to go long. It’s all adjusted accordingly to trends for me
Insane in the Brain..
  • #829,030
  • Jun 11, 2024 6:25am Jun 11, 2024 6:25am
Quoting Whale
{quote} Its your opinion. It’s a sample.
And samples have been shown to work in research. Usually, a sample size of a few hundred is used to make conclusions affecting billions. This is scientifically proven to be sound. It works.
  • #829,031
  • Jun 11, 2024 6:26am Jun 11, 2024 6:26am
Quoting eyefeelsix
myArea of interest for short with level invalidation today high {image}

failure short, atm enter long on possible break-out to 2775 minimum

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 104 KB
https://breakpullback.com
  • #829,032
  • Jun 11, 2024 6:37am Jun 11, 2024 6:37am
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yes yes yes
  • #829,033
  • Jun 11, 2024 6:39am Jun 11, 2024 6:39am
Shorted with 1:1 RR
Trade safe.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 18 KB
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #829,034
  • Jun 11, 2024 6:39am Jun 11, 2024 6:39am
Long in at 1.2740 target 1.2755
Don't trade what you think. Just what you see!!!
  • #829,035
  • Jun 11, 2024 6:41am Jun 11, 2024 6:41am
Quoting SmallGains
{quote} Sometimes its better to just be lucky than to be good.
Winning 1 trade or losing 1 trade means nothing in trading.
many people thought that they will become a millionaire with only one trade. A delusion sell by Forex Instagram Gurus!

It takes to have an edge (a positive market expectation) that put the odd in your favour over a Xth number of trades.
With this, placing a good Risk/Reward, you can make consistent gain, this is not the same as not having losses at all, cause you will incur and it is ineveitable.

You need to thrive with these SMALL and MANAGEABLE LOSSES. The moment your losses becomes large, it becomes hard to recover the lost capital, thats where majority of sh*ts occurred and it becomes the realm of failure.

And of course, to reach this level, it will costs you everything, except luck!

But there's a saying "the harder we work, the luckier we get," and i think it can also be called 'Experience.'
More time in the market, does not mean you trade better!
  • #829,036
  • Jun 11, 2024 6:54am Jun 11, 2024 6:54am
Quoting Konichiwhaat
{quote} Navk... do yo sleep? I see you here at the Tokyo open, and I'm usually all done by 6pm Tokyo. But hanging out a bit longer tonight with the cool western kids. Where are you based man?
Why sleep when we can make money?
More time in the market, does not mean you trade better!
  • #829,037
  • Jun 11, 2024 6:58am Jun 11, 2024 6:58am
Quoting Fardeen1209
{quote} Why sleep when we can make money?
Because we can make a fuck more money when we are asleep
Emotional Control. Process, not outcome.
  • #829,038
  • Jun 11, 2024 7:01am Jun 11, 2024 7:01am
Quoting Konichiwhaat
{quote} Because we can make a fuck more money when we are asleep
i agree
Thats the best feeling tho.
When you wake up, and you saw market had unfold as expected, and 2 partial already filled, and price heading to third partial.
More time in the market, does not mean you trade better!
  • #829,039
  • Jun 11, 2024 7:01am Jun 11, 2024 7:01am
Quoting Konichiwhaat
{quote} Because we can make a fuck more money when we are asleep

Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #829,040
  • Jun 11, 2024 7:08am Jun 11, 2024 7:08am
Quoting Fardeen1209
{quote} Why sleep when we can make money?
PS in addition... trading SUCKS! What a shitty thing to just take money from others just to make money for yourself... NEVER forget that. But time is your best friend... wait for trade set-ups... let trades play out... wait for your TP to be hit, blah blah...

Study Kant. "We need a means to an end", and we should NOT use others to that end... alas, I/we come here every day and take other traders money, with no additional "YouTube" or "Service" to do that, and to be really really honest... it makes me feel a little sick.

I only do it because it is (now) easy and it pays very well
Emotional Control. Process, not outcome.
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