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Cable Update (GBPUSD)

  • #837,021
  • Sep 3, 2024 1:52pm Sep 3, 2024 1:52pm
Quoting Waveskierrob
{quote} ....many weeks of inactivity
Yes in your case 3 years plus. 1.197 is a long way to go for you. You have Everest to climb and I doubt you can get off your bed
Trade to trade another day
  • #837,022
  • Sep 3, 2024 1:58pm Sep 3, 2024 1:58pm
Quoting Wavegarrick
{quote} Yes in your case 3 years plus. 1.197 is a long way to go for you. You have Everest to climb and I doubt you can get off your bed
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  • #837,023
  • Sep 3, 2024 2:11pm Sep 3, 2024 2:11pm
Quoting Strat
{quote} Hello again, Rick. I just came by this and I nearly fell off my chair reading it since you and Roy (rockypoint), are by far the best 2 traders I know on any trading forum let alone FF. Surely you would have cut your losses early (cut your losers and let your winners run) before they did any real damage to your account (the lost thousands last time Trump was President)? Would be interested in hearing more when you get chance - no hurry. Cheers mate.
Hi Strat

I agreed about Roy being a great trader, and a love his outlook on life where his outdoor lifestyle comes first before his hours spend trading the financial markets.

That trade was my first (AND LAST) fundamental based trade taken on the advice of my son who had just completed his BCA degree. You know, the smart kid who thinks he knows it all and has a trade that can't lose. My wife backed him up and told me to place a trade on that SPX thing because Daniel knows what he's talking about. "Just Sell the US500 thing" because its going down if Trump wins.

You know that line where "happy wife - happy life"

Will under a bit of pressure, we waited on electron day for a trade. There was period where it was 50 / 50 and I think in Florida when suddenly prince started to tank for 10 minutes when Trump's results looked strong. I entered a trade of a few contracts and we quickly rocketed into profit - All good so far.

Then the big move occurred and by the end of the day price was up 100 points or so (can't remember without looking) against our position and I had my Wife and smarty pants son telling me to hold - "its just a fake move"

Now what was I supposed to do?

Result, closed the trade for a large $0000 loss 24 hours later and banned my son for ever suggesting fundamental trades to me in the future.

Result, Not so happy wife but still happy marriage.

Cheers
Trading thin liquidity at the boundary of the charts
  • #837,024
  • Sep 3, 2024 3:04pm Sep 3, 2024 3:04pm
Quoting Moty
Every time price touch the band i will short 20-25 pips sl 40-50 pips tp {image} {image}
Wait the pullback, not is time to sell yet. Maybe tomorrow, in the session of London.
Together we can be strongest
Vantage Return This Month: na
  • #837,025
  • Sep 3, 2024 3:36pm Sep 3, 2024 3:36pm
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  • #837,026
  • Sep 3, 2024 3:59pm Sep 3, 2024 3:59pm
Quoting palpite
{quote} GBPUSD - Buy {image}
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Together we can be strongest
Vantage Return This Month: na
  • #837,027
  • Sep 3, 2024 4:07pm Sep 3, 2024 4:07pm
Finally a decent day. Taken profit on both trades. Might go long overnight
Insane in the Brain..
  • #837,028
  • Sep 3, 2024 4:41pm Sep 3, 2024 4:41pm
Quoting BeeTogether
Finally a decent day. Taken profit on both trades. Might go long overnight
i see no long..maybe 1.3130 max.
  • #837,029
  • Sep 3, 2024 4:48pm Sep 3, 2024 4:48pm
Quoting thevisitor
{quote} i see no long..maybe 1.3130 max.
im thinking a small amount 13130-50 tops. Tomorrow bring a Wednesday we could see more volatility due to the data releases. Small spikes
Insane in the Brain..
  • #837,030
  • Sep 3, 2024 4:59pm Sep 3, 2024 4:59pm
Quoting BeeTogether
{quote} im thinking a small amount 13130-50 tops. Tomorrow bring a Wednesday we could see more volatility due to the data releases. Small spikes
saul goodman...i don't catch this fallin knife
trade what you see..
  • #837,031
  • Sep 3, 2024 6:26pm Sep 3, 2024 6:26pm
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Together we can be strongest
Vantage Return This Month: na
  • #837,032
  • Sep 3, 2024 6:29pm Sep 3, 2024 6:29pm
Gold - Sell

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Together we can be strongest
Vantage Return This Month: na
  • #837,033
  • Sep 3, 2024 8:16pm Sep 3, 2024 8:16pm
3125 max.... for next fall. GU
Do not fight with dollar
I sold at 3112
Intraday only.
  • #837,034
  • Sep 3, 2024 9:34pm Sep 3, 2024 9:34pm
Quoting Yngwie
Long 1.3089
closed 20+
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #837,035
  • Sep 3, 2024 10:09pm Sep 3, 2024 10:09pm
Quoting BeeTogether
Support 13090 teasing a break below opens 13070 my TP for the day
An excellent entry with good risk management.

That's 40 pips potential in btw.

Nice1.
Market Structure is the King.....
  • #837,036
  • Sep 3, 2024 10:14pm Sep 3, 2024 10:14pm
Quoting Pat Chiko
{quote} GU Need to refine this set up. Maybe you have better idea than mine....{image} Tell me something or anything, Im learning all input from others. Thanks
GU

Scalping LONG
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #837,037
  • Sep 3, 2024 10:54pm Sep 3, 2024 10:54pm
Quoting Pat Chiko
{quote} GU Scalping LONG{image}
same here with bigger minus
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  • #837,038
  • Sep 3, 2024 11:18pm Sep 3, 2024 11:18pm
Quoting ScalaFX
BTC 2nd time this year making my whole best % rise of my main account, I hate trading this but if you take good place to trade btc printing money for you, minimum target I see 49000 and 45000, happy trading
time to take huge partials, Im more than happy from this swing trades, I see that 55k can be hard to devastate but of so my targets will be hit, nice
People don't plan to lose. They lose because they don't plan.
  • #837,039
  • Sep 4, 2024 12:17am Sep 4, 2024 12:17am
since down side direction is ticked, sell orders only with whatever fibo pullback or with any indicators you choose.
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  • #837,040
  • Sep 4, 2024 12:18am Sep 4, 2024 12:18am
The USD/JPY started to fall from the double top on the 2nd and is now in a downward trend with a green, pink, and red sequence. The price rose slightly in the pink parallel line of the orange corner, but it has fallen along the short-term red line without exceeding the blue support line. I closed my short position once when I saw the double bottom, but I entered again.
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