Cable Update (GBPUSD)

Quoting teprewitt23

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{quote} LOL Moty, do you talk to your trades on your phone? In my minds eye...painting you as a character in a sitcom conversing with the market, as if it is a person no offense intended in my "trading sitcom" you were a collegiate cheerleader developing a show for TV Zebi Zebi will be a retired CME floor trader that now owns a Bar in Downtown Chicago and serves authentic Chicago style pizza. He trades all week while he runs the Bar. He also has family history, one generation removed, from organized labor. ...

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Quoting Zebi

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im still boolish and ill add longs if this 4H candle closes above that line in 3 hours {image}

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Quoting Moty

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Come on mister goldi {image}

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Quoting Abeylyn

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{quote} Better to show only the relevant zone... Basically relevant zone are two; the resistant zone in a Sell where price bounced off and the most recent support zone where 1st profit can be taken. Note that current price will be in between. Stoploss at 12/15 pips above the high of the resistant zone and 1st TP at the next closest support Delete those zones that are not relevant. Delete those Indicators and focus on Price Reaction around identified zone.... Note that all indicators and even the zones are subjective. Therefore focus on Price Action/Reaction...

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Quoting Moty

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Wow ,this is the holy grail Super signal for 35 pips at gj {image}

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Quoting dempire1

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{quote} Have it ever occurred to you that every zone is relevant zone after stop loss is hit? that person is a mere example of subjectivity. And your only thing to say is something like: “the more you study the better you become” but it’s simply not a reality especially in trading world.

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Quoting Abeylyn

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{quote} I wish you take things easy so that we can share permanent Interest . No permanent enemy. To your comment. Every thought, every zone, every trader and so on.... are subjective in relation to trading. The ONLY leverage that gives an edge is ability to manage risk effectively. Every zone is important I agreed but traders strength depends on ability to capitalize on opportunity that is available within the 1st 2 zones. For example on these current trade in GU, there was an opportunity to pick 20 pips during Asian...

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Quoting dempire1

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{quote} Look I wouldn't be your enemy if you didn't impersonate yourself as US hedge fund trader. If you noticed I only have "problem" with liars. Back to the topic. Everything is after the fact. Look at your "student". Showing all these losses. You can call every zone a zone. Sometimes a zone can fail 2 times and then succeeds? Maybe: But if market trends down, it broke down 2,3 supposed zones like you mentioned and on 4th your trade will be on the right side but there are zones coming at you from the left again to the sell side. What you going...

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Quoting Abeylyn

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{quote} Note that all indicators and even the zones are subjective. Therefore focus on Price Action/Reaction around the zone and manage your risk. So important.

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