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Cable Update (GBPUSD)

  • #848,061
  • Dec 11, 2024 10:16am Dec 11, 2024 10:16am
Quoting Pat Chiko
{quote} EU partly stopped out. ReN3 for another scalping LONG. I hope it can reach the BSL by Friday (if with luck) {image}
EU

Lunch time.
Saw someone went for lunch left with some buy order.

I hope the order get filled soon.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #848,062
  • Dec 11, 2024 10:18am Dec 11, 2024 10:18am
Quoting Zebi
{quote} 25 more minutes till showtime going long somemore on a green candle close or holding the longs I have unless 4H candle closes under the midpoint

i sold half the longs I been holding for weeks since 4H closed under

will buy more later at a lower price hopefully
short trump and go long the deepstate
  • #848,063
  • Dec 11, 2024 10:19am Dec 11, 2024 10:19am
Quoting Pat Chiko
{quote} Bro, eat your salad. Don't skip it okey.

salads are for horses...I'm a apex predator so eat meat and veg
short trump and go long the deepstate
  • #848,064
  • Dec 11, 2024 10:23am Dec 11, 2024 10:23am
Quoting Zebi
{quote} salads are for horses...I'm a apex predator so eat meat and veg
An omnivore apex predator
More time in the market, does not mean you trade better!
  • #848,065
  • Dec 11, 2024 10:31am Dec 11, 2024 10:31am
BACKTEST

anyhow don't forget backtest

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #848,066
  • Dec 11, 2024 10:35am Dec 11, 2024 10:35am
Quoting Pat Chiko
BACKTEST anyhow don't forget backtest {image}
Wait you live trade?
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How to succeed in zero sum game?
  • #848,067
  • Dec 11, 2024 10:41am Dec 11, 2024 10:41am
Quoting Zebi
{quote} i sold half the longs I been holding for weeks since 4H closed under will buy more later at a lower price hopefully
EU is destined for lower prices. I expect GU to follow. So long as this thing cannot achieve a convincing daily close above 2757. Longs may not be the way. Maybe wait for a good move down and then buy for the usual Christmas rise into January.
  • #848,068
  • Dec 11, 2024 10:42am Dec 11, 2024 10:42am
Quoting Pat Chiko
BACKTEST anyhow don't forget backtest {image}
fucking brilliant
  • #848,069
  • Dec 11, 2024 10:42am Dec 11, 2024 10:42am
Target in sight maybe Eur news tmwr take us there before then I will BE in case
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Master your mind. Master Trading.
  • #848,070
  • Dec 11, 2024 10:43am Dec 11, 2024 10:43am
Quoting KareemAliFx
Target in sight maybe Eur news tmwr take us there before then I will BE in case {image}
I don't know why price had been stalling when I believe it's supposed to sink deeply. Maybe tomorrow is the day. Hopefully it drags GU with it. Aprox. 65% of sheep waiting to be slaughtered.
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  • #848,071
  • Dec 11, 2024 10:47am Dec 11, 2024 10:47am
Quoting Mitiblotch
{quote} I don't know why price had been stalling when I believe it's supposed to sink deeply. Maybe tomorrow is the day. Hopefully it drags GU with it. Aprox. 65% of sheep waiting to be slaughtered. {image}
hey ! Yes it’s been ranging but is Normal as we had such massive decline already . I like fxssi and u use this one ?
https://www.myfxbook.com/community/outlook/EURUSD
here we have billions in retail volume
Master your mind. Master Trading.
  • #848,072
  • Dec 11, 2024 10:56am Dec 11, 2024 10:56am
Quoting Mitiblotch
{quote} EU is destined for lower prices. I expect GU to follow. So long as this thing cannot achieve a convincing daily close above 2757. Longs may not be the way. Maybe wait for a good move down and then buy for the usual Christmas rise into January.

daily GU still boolish in my book so will be looking to buy addons at 2700

I just lightened up on the 4H cause didn't want to sit thru torture till tomorrow ppi

inflation under control so far so no rate hike next week and very likely a cut but even if fed stands pat dollar still gonna fall
short trump and go long the deepstate
  • #848,073
  • Dec 11, 2024 10:57am Dec 11, 2024 10:57am
Graveyard shift now… will keep GJ running until I either profit or we drop below 19380
Insane in the Brain..
  • #848,074
  • Dec 11, 2024 11:06am Dec 11, 2024 11:06am
Crooky gu and eu
I switched to short goldi
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yes yes yes
  • #848,075
  • Dec 11, 2024 11:09am Dec 11, 2024 11:09am
Quoting Moty
Crooky gu and eu I switched to short goldi {image}
yes moty yes… very good to revenge trade and buy top this very interesting strategy!
Master your mind. Master Trading.
  • #848,076
  • Dec 11, 2024 11:21am Dec 11, 2024 11:21am
Quoting KareemAliFx
{quote} hey ! Yes it’s been ranging but is Normal as we had such massive decline already . I like fxssi and u use this one ? https://www.myfxbook.com/community/outlook/EURUSD here we have billions in retail volume
Sir
Im not trying to be rude or anything but this order book can’t be real order book because fx trades on OTC market.

Forex Sentiment is the feeling or perception of market participants towards a currency pair. It’s same as flipping coin

Suggestion: try to model moving averages with HP filter like stated in here: https://papers.ssrn.com/sol3/papers....act_id=3247865 under FX strategies 8.1. It’s a challenge but might be more useful that feeling of market
How to succeed in zero sum game?
  • #848,077
  • Dec 11, 2024 11:29am Dec 11, 2024 11:29am
Quoting KareemAliFx
{quote} hey ! Yes it’s been ranging but is Normal as we had such massive decline already . I like fxssi and u use this one ? https://www.myfxbook.com/community/outlook/EURUSD here we have billions in retail volume
I'll check this one out.
  • #848,078
  • Dec 11, 2024 11:32am Dec 11, 2024 11:32am
Quoting dempire1
{quote} Sir Im not trying to be rude or anything but this order book can’t be real order book because fx trades on OTC market. Forex Sentiment is the feeling or perception of market participants towards a currency pair. It’s same as flipping coin Suggestion: try to model moving averages with HP filter like stated in here: https://papers.ssrn.com/sol3/papers....act_id=3247865 under FX strategies 8.1. It’s a challenge but might be more useful that feeling of market
that is in fact correct my friend , we will never have true access to the volume of forex nor is any order book useful for forex as it’s a otc market and trillions daily turnover for eurusd alone . However , doesn’t mean we can’t use the information, it’s rather useful to get an idea of where liquidity sweeps happen. Also I’ve seen this for 5 years and i don’t care what anybody says as trading is personal anyway but forex retail traders are ALWAYS on the opposite side of the trade when it comes to trending markets . Longs are always up when we drop, shorts are always above when we are in a uptrend. You can even back test and see! The problem is entries ! We need to find good entries with proper risk management to ride the trends . Hey I’m enjoying my profits right now thanks to moty buying eurusd
Master your mind. Master Trading.
  • #848,079
  • Dec 11, 2024 11:33am Dec 11, 2024 11:33am
Today...
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  • #848,080
  • Dec 11, 2024 11:35am Dec 11, 2024 11:35am
Quoting Waveskierrob
Today... {image}
...come on EU bulls lets spoil the party...
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