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Cable Update (GBPUSD)

  • #847,561
  • Dec 6, 2024 11:01am Dec 6, 2024 11:01am
Meanwhile....................


Do you have fear in trading?
It's because you're dreaming of perfect trades.

Even your best analysis can fail.
Losses aren't just possible, they're guaranteed.
Repeat..............."Losses aren't just possible, they're guaranteed."

Embrace the risk, execute anyway, and grow some thick skin ( and grow some balls too)
Or keep hiding on the sidelines & find someone or system to blame.

(Grow some balls)
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #847,562
  • Dec 6, 2024 11:08am Dec 6, 2024 11:08am
Quoting Pat Chiko
{quote} BITCOIN need some money to pay for loan shark... I hope BTC goes to 108K, and making some tiny profit there from the scalping.{image}
BITCOIN

Standard S&R set up. retracement and bounce off fib & RSF
Straight forward Newbie set up.
Keeping on scalping machine running on these crypto.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #847,563
  • Dec 6, 2024 11:14am Dec 6, 2024 11:14am
the good the bad and the uglys on now and its one of my top ten favorite movies so ill be back in 3 hours


ill check charts on my phone so don't have to get up off the couch to post on computer
short trump and go long the deepstate
  • #847,564
  • Dec 6, 2024 11:17am Dec 6, 2024 11:17am
Anyhwo.............

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I'm hitting the pause button on all t forex pairs & crypto .
Anyone still trading right now is watching paint dry.
Enjoy it.
Slow-motion trading at its finest!

Im off to party & catch some butterfly
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #847,565
  • Dec 6, 2024 11:29am Dec 6, 2024 11:29am
Quoting Pat Chiko
Anyhwo............. {image} I'm hitting the pause button on all t forex pairs & crypto . Anyone still trading right now is watching paint dry. Enjoy it. Slow-motion trading at its finest! Im off to party & catch some butterfly
GU is approaching a critical zone on 30M TF, besides, it's NFP day, so expect the unexpected.
Always trade your own plan...I don't provide trading signals.
  • #847,566
  • Dec 6, 2024 11:36am Dec 6, 2024 11:36am
Quoting fex.
{quote} {image}
Attachment g
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newbie
  • #847,567
  • Dec 6, 2024 11:42am Dec 6, 2024 11:42am
GU and wild swings. To me NFP was good, but bulls had to get their reward hence the sharp spike. Sometimes your gut tells you to ahort the spike, but in my experience that has led to many losses. If you want to buy the retrace they just dump it. Wait for next week for a clearer picture. I'll just see where today closes. A close below the monthly pivot (2757) and I'll stay away.
  • #847,568
  • Dec 6, 2024 11:43am Dec 6, 2024 11:43am
Quoting Zebi
the good the bad and the uglys on now and its one of my top ten favorite movies so ill be back in 3 hours ill check charts on my phone so don't have to get up off the couch to post on computer

i had to get up off the couch to take a pee

I think price will close inside that shaded area today and retest today's highs next week

go GU bulls go
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short trump and go long the deepstate
  • #847,569
  • Dec 6, 2024 11:44am Dec 6, 2024 11:44am
Quoting Zebi
{quote} i had to get up off the couch to take a pee I think price will close inside that shaded area today and retest today's highs next week go GU bulls go {image}
Better if we can get above 2757 close. I'll buy loads.
  • #847,570
  • Dec 6, 2024 11:48am Dec 6, 2024 11:48am
Quoting Coreg2004
{quote} GU is approaching a critical zone on 30M TF, besides, it's NFP day, so expect the unexpected.
Precisely.

Yeah, it's a classic trap for traders.

The market's quiet, but the mind's racing.
It's tough to relax when you've got positions open

Market makers ready to manipulate the price and trap both buyers and sellers.

At times, is frustrating to be locked into trades over the weekend, worrying about SLs and missing out on precious time with family.

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P/S next move is too push up for buyer, than take down for seller.
Monday, both buyer & seller get stopped out.

It is not a liquidity level...... it is just a stupidity level
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #847,571
  • Dec 6, 2024 12:16pm Dec 6, 2024 12:16pm
CABLE

my wish for end of the year or by mid Jan 2025................
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When I was newbie, I really struggled with price corrections.
Hated them—they felt unfair and frustrating.

Over time, I realized something important: the market spends most of its time in correction.

I had no choice but to make peace with price correction
That shift taught me one of the most valuable lessons in trading: .................

PATIENCE
Corrections always last longer than impatient traders expect.
Many are in a rush—to make money, to get rich—but the market doesn’t care about your timeline.

Rushing through a correction, it will wipe out your account.
Then.......... let it unfold and give it time to take money from the unprepared, it has a way of transferring that wealth to those who waited.

Befriend corrections—they’ll teach you everything you need to succeed.
( It sounded like befriended to Waveskie, coz he can wait to get into profitable position)
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #847,572
  • Dec 6, 2024 12:20pm Dec 6, 2024 12:20pm
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yes yes yes
  • #847,573
  • Dec 6, 2024 12:22pm Dec 6, 2024 12:22pm
Quoting ThaoAnh
{image}
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  • #847,574
  • Dec 6, 2024 12:29pm Dec 6, 2024 12:29pm
Pink Floyd - "Another Brick in The Wall "

1979 gem song.
School system that prioritizes conformity and obedience over creativity and individuality.
Lines like "We don't need no education" and "Hey! Teacher! Leave them kids alone!" point to the dehumanizing nature of overly strict and mechanical teaching methods.
Inserted Video


That's why we see traders don't understand trading sytem and always ended up blaming "others" - system or somebody.
Get some education before blaming anything in life...............
Grow some balls.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #847,575
  • Dec 6, 2024 12:50pm Dec 6, 2024 12:50pm
Quoting ScalaFX
{quote} better change bias
I hope you changed your mind
People don't plan to lose. They lose because they don't plan.
  • #847,576
  • Dec 6, 2024 12:51pm Dec 6, 2024 12:51pm
Quoting Pat Chiko
Pink Floyd - "Another Brick in The Wall " 1979 gem song. School system that prioritizes conformity and obedience over creativity and individuality. Lines like "We don't need no education" and "Hey! Teacher! Leave them kids alone!" point to the dehumanizing nature of overly strict and mechanical teaching methods. https://www.youtube.com/watch?v=W0bi7OfaKMY That's why we see traders don't understand trading sytem and always ended up blaming "others" - system or somebody. Get some education before blaming anything in life..................

this is my school song

Inserted Video
short trump and go long the deepstate
  • #847,577
  • Dec 6, 2024 12:54pm Dec 6, 2024 12:54pm
and ill throw in another one

Inserted Video
short trump and go long the deepstate
  • #847,578
  • Dec 6, 2024 1:07pm Dec 6, 2024 1:07pm
Quoting Pat Chiko
Pink Floyd - "Another Brick in The Wall " 1979 gem song. School system that prioritizes conformity and obedience over creativity and individuality. Lines like "We don't need no education" and "Hey! Teacher! Leave them kids alone!" point to the dehumanizing nature of overly strict and mechanical teaching methods. https://www.youtube.com/watch?v=W0bi7OfaKMY That's why we see traders don't understand trading sytem and always ended up blaming "others" - system or somebody. Get some education before blaming anything in life..................
Pat, which album do you like the most?
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Always trade your own plan...I don't provide trading signals.
  • #847,579
  • Dec 6, 2024 1:12pm Dec 6, 2024 1:12pm
he most definitely likes the roger waters era better LOL
short trump and go long the deepstate
  • #847,580
  • Dec 6, 2024 1:21pm Dec 6, 2024 1:21pm
Quoting Konichiwhaat
{quote} Be careful, these people trade on emotion. Their advice must be taken with a very small pinch of salt. The real question is why have you had "a couple of bad trades"? There is no such thing with rules. Loosing trades are winners if you stuck to your rules (of your proven edge). What happened to the 20, 20, 20 rule? Did you loose your nerve? Did you get too cocky?
Exactly so I got so cocky i increased a couple lots sizes same trades same rules but yeah when I could have manage risk on the bad trades overisking cause higher losses than usual so I'm not back to square one but I had to take a break to stop revenge trading man I'm in a big winner right now just holding then I'll resume my regular journalling of trades I still want to reach 50k but I gotta get these emotions under control it's ruff man
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