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Cable Update (GBPUSD)

  • #844,081
  • Nov 2, 2024 1:11am Nov 2, 2024 1:11am
Trading...
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  • #844,082
  • Edited 3:12am Nov 2, 2024 1:19am | Edited 3:12am
Quoting Waveskierrob
Trading... {image}
Perfect , not want or not wish any more and only it happen one-way ! Calculated risk and money management within perfect set up with perfect rules may continue it happen ! Take care
Usually where we mistook : 1. add trades more than 2 within same range, no 3rd add for perfect test the low and below 60% probable length may amounts buying at resistance or selling at support , all legs usually must not perfect as in old , something new will come more or less.
2. Added multiple trades when starts position green as per analysis to add more profit , may end suffering as all set ups will not work always
3. Forget or intentionally not put sl due over confidence or may thing do later ! But when go red wait and wait in thinking that it will back again or at least zero profit close but too late , and loss.
4. Never tp or sl at perfect level , as market knows them and deal as per or no tp for 1 pips but sl may certainly hit! They always be flexible at little distance , sl little up and tp little down !
5. No continuos trades , one done and then and then another or opposite starts to maximize profit. , always will not work, if not will lose all gain next ! Similarly no add loosing trades in thinking averaging the position ! Loss wait if sl hit or not , if suspicious better close and recheck set ups. But no add . Accumulation , 2 ok in demand and supply as there no exact levels!
6. Target maximum 50% of the expected if works but may run with 2 pips be set and forget though If open trade within 20% if added 2 even, one if get above probable 10% , 2nd if add next over 20%. .below 20 % then as late comer may add only 1 . No trade below lower 50% expected! Wait for next then.
7. Sl and tp always be there
8.better avoid all high impact news trading , after one hour be good see if any setup develops. As I do or wait long till settle the dust !
People May justify and add more rules for better results!
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #844,083
  • Nov 2, 2024 1:26am Nov 2, 2024 1:26am
depending on how elections go, i am very much still bullish on cable. we have not broken below 1,28382 since amarch 2020 and had a very hard pull back above the 1.29 areas. it depends what type of trader you are but based on me being a swing trader and holding positions for very long, i am bullish. i believe the west has alot of uncertainty especially with elections next week. So for me ultimately this is a buy around the 1.283 areas.
  • #844,084
  • Nov 2, 2024 1:49am Nov 2, 2024 1:49am
Quoting ChiForex
{quote} Based on technical chart analysis of daily/weekly/monthly time frames. Unfortunately, I don't share detailed info(charts...etc) as many noticed here since ever. Enjoy trading
so you Cristal balling here for members nice, hope your trades go well
People don't plan to lose. They lose because they don't plan.
  • #844,085
  • Nov 2, 2024 1:52am Nov 2, 2024 1:52am
Quoting Godspromise
{quote} do you trade bitcoin?? what are your thoughts?
bitcoin will explode up soon for new hights, now is at very good SR flip zone from higher TFS
People don't plan to lose. They lose because they don't plan.
  • #844,086
  • Nov 2, 2024 1:58am Nov 2, 2024 1:58am
hello guys . i am new trader please anybody has these indicators for mt5 in attached pictures . i will be so grateful
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  • #844,087
  • Nov 2, 2024 3:45am Nov 2, 2024 3:45am
Quoting Wavegarrick
{quote} Some hope on the horizon with this trade from yesterday Trade safe. {image}
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  • #844,088
  • Nov 2, 2024 6:40am Nov 2, 2024 6:40am
Quoting ninner
bearish action for gbpusd. The big head and shoulders pattern is still the governing pattern and I am still bearish. {image}
Of the same view. More so there's a close on the DAILY far below the 100 MA. Emphasizing a more bearish potential
  • #844,089
  • Nov 2, 2024 7:54am Nov 2, 2024 7:54am
every trade you take it base on what you know or what you think you know about the market...
MY OPINION NOT FINANCIAL ADVISE
  • #844,090
  • Nov 2, 2024 8:23am Nov 2, 2024 8:23am
Quoting ScalaFX
{quote} bitcoin will explode up soon for new hights, now is at very good SR flip zone from higher TFS
i think it will go to 60k first based on my analysis on the daily timeframe not enough liquidity
  • #844,091
  • Nov 2, 2024 9:05am Nov 2, 2024 9:05am
Quoting ChiForex
{quote} Based on technical chart analysis of daily/weekly/monthly time frames. Unfortunately, I don't share detailed info(charts...etc) as many noticed here since ever. Enjoy trading
yeah coz despite the 10 mill billion ways to skin a cat with tech analysis, ya still need to look out da window for a glance o real life. n timeframes aint it. funny to read anyhow
protein for breakfast !
  • #844,092
  • Nov 2, 2024 9:58am Nov 2, 2024 9:58am
Quoting oochiwaawaa
{quote} yeah coz despite the 10 mill billion ways to skin a cat with tech analysis, ya still need to look out da window for a glance o real life. n timeframes aint it. funny to read anyhow
You on drugs?
How to succeed in zero sum game?
  • #844,093
  • Nov 2, 2024 9:59am Nov 2, 2024 9:59am
Quoting Abdulrhim642
hello guys . i am new trader please anybody has these indicators for mt5 in attached pictures . i will be so grateful {image}
Check forex-station for mt4/mt5 indicators or search FF using search tool.
How to succeed in zero sum game?
  • #844,094
  • Nov 2, 2024 10:10am Nov 2, 2024 10:10am
Quoting oochiwaawaa
{quote} yeah coz despite the 10 mill billion ways to skin a cat with tech analysis, ya still need to look out da window for a glance o real life. n timeframes aint it. funny to read anyhow
oh hi peter. you are back
You have to have an IQ higher than 90 to interact with this user.
  • #844,095
  • Edited 12:24pm Nov 2, 2024 11:34am | Edited 12:24pm
Quoting ScalaFX
{quote} bitcoin will explode up soon for new hights, now is at very good SR flip zone from higher TFS
CHecking if any good opportunity , no easy outburst this big cup and handle , need last leg down as already top failed , breakout down and running bull extension on adrenaline ! So o most probable a good leg down may start next days !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #844,096
  • Nov 2, 2024 12:39pm Nov 2, 2024 12:39pm
Quoting fontu
{quote} CHecking if any good opportunity , no easy outburst this big cup and handle , need last leg down as already top failed , breakout down and running bull extension on adrenaline ! So o most probable a good leg down may start next days ! {image} {image}
Your arow suggests 36000 plus minus in the final qtr. of the year? If it is a long-term objective, I can go with this. It is too late in the year to expect a major reversal with the expected bull run.
Cheers.
Trade to trade another day
  • #844,097
  • Nov 2, 2024 1:23pm Nov 2, 2024 1:23pm
Quoting Wavegarrick
{quote} Your arow suggests 36000 plus minus in the final qtr. of the year? If it is a long-term objective, I can go with this. It is too late in the year to expect a major reversal with the expected bull run. Cheers.
48K is possible for this year but initial for profit for me 60k for this coming week
  • #844,098
  • Nov 2, 2024 2:19pm Nov 2, 2024 2:19pm
Quoting Godspromise
{quote} do you trade bitcoin?? what are your thoughts?

I don't trade bitcoin

looks like it will go down...i got a target that needs to be retouched at 31000 on monthly but that could take couple years to happen
short trump and go long the deepstate
  • #844,099
  • Nov 2, 2024 3:31pm Nov 2, 2024 3:31pm
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  • #844,100
  • Nov 2, 2024 4:06pm Nov 2, 2024 4:06pm
Quoting Zebi
{quote} I don't trade bitcoin looks like it will go down...i got a target that needs to be retouched at 31000 on monthly but that could take couple years to happen
i got you. Gbpusd hit my zone might have to wait until the gbp news more than likely will touch back that zone before a move up break of that zone means further downward push
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