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Cable Update (GBPUSD)

  • #864,861
  • Aug 27, 2025 9:40am Aug 27, 2025 9:40am
Quoting Moty
{image} {image}

Good GU call Moty. Hope you made the money because I did
  • #864,862
  • Aug 27, 2025 9:43am Aug 27, 2025 9:43am
Quoting badman143
{quote} what tmf
Do you mean timeframe? It's 5 minutes, I entered the trade on that timeframe.
Moved my TP to that 1.53 high, the power is really big in this run
  • #864,863
  • Aug 27, 2025 9:46am Aug 27, 2025 9:46am
Quoting Zebi
i know im beginning to sound like a broken record bein bullish but if todays candle closes green is a buy signal maybe bears shud look at a daily or weekly chart instead of trying to longterm trend off of a 15 minute one my invH+S i mentioned two weeks ago is playing out nicely and textbook {quote} {image}
Quoting Zebi
{quote} that still holds...as long as its a green close is a buy signal on daily....that doesnt mean its gona blastoff immediately once london opens but could be another inside day to position for longs now if we can close todays daily candle above 3487 midpoint of yesterdays candle than it very well might blast off cause im sure humpty got more stupid shit to say tnite
i hope people bought the "dip" and didnt listen to bearish claptrap influenced by intraday noise on 5 and 15 min charts

i dont want to criticize but just ask yourselves how the old timers made fortunes over a hundred years ago.....they did it trading the daily charts...so it behoove people to analyze the daily chart and trade the noisy intraday minutiae using the knowledge gotten off the daily chart instead of doin shit ass backwards like projecting direction from crap on 5 min chart

needless to say a daily close above yesterdays high and mondays midpoint is very booooolish

an inside day like i mentioned was possible yesterday is bullish too but waiting for tmoros news i guess since its a holiday week in america
short trump and go long the deepstate
  • #864,864
  • Edited 10:24am Aug 27, 2025 10:13am | Edited 10:24am
Yesterday's high holding the price going down (atleast for now), can it extends the run?
Done for the day, want sleep
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  • #864,865
  • Aug 27, 2025 10:29am Aug 27, 2025 10:29am
EMOTIONAL INTELLEGENCE IN TRADING

The root cause that makes trading so difficult is mainly due to a seldom talked about or recognized aspect of trading which is called the amygdala hijack.
Trading and money is akin to survival, it affects the part of our brain called the amygdala or the reptilian brain. It is an evolutionary knee jerk reaction that triggers pain or pleasure, fear or hope. So if one wins a trade, there is great euphoria, followed by fantasies of wealth, if one loses, there is great pain, regret and frustration, usually followed by anger and revenge (trading).

On a cognitive level, you can say do this or do that when standing on the sidelines looking in, kinda like yelling at the players when watching a game. However, when an individual is IN the game, that objective perspective is replaced by a very deep and total animal sense of survival, there is very little to no subjectivity. That is why it is hard to see the market clearly when one has something at stake in it. You are mainly just focused on how near or far the market is from your entry point.

So to be good at trading, a person has to have a great sense of self awareness and emotional intelligence more than anything else. It is a fallacy that most people believe you have to be good at math to trade. That couldn’t be further from the truth. Trading is mainly pattern recognition, which is very straight forward, in truth 90% of trading it is being able transcend your emotions when they arise. Note, that I didn’t say remove or ignore your emotions.

Trying to say, “don’t feel fear”, or “be emotionless”, is like trying to say don’t be frighten when watching a horror movie, or don’t get aroused when watching an adult movie. That is not to say you can’t subvert it, you can, BUT first you must recognize what the situation is and realize what you are getting into. Then, once you know the playing field, you can mentally prep yourself before getting into it and be ready for when the emotions DO arise. This takes effort and lots of practice.

The majority of trading is to dissociate with the emotions that arise as you watch the rise and fall of the markets. It is the ability to very gradually realize that what your emotions say is happening, meaning fear of loss (aka death) or hope of gain (aka safety and immortality), does not actually have any meaning.

That is why the people who have traded and succeeded after a certain period of time (regardless of whether they are pros, retail traders, phd.s or high school dropouts) usually say that making money is rote, meaning mechanical, even boring. That is because the natural, instinctual sense of life or death that is hardwired in the amygdala is not kicking in to give one great highs or intense suicidal lows.
So if a trader does not recognize this very root sense that arises during trading, then no technique, strategy or amount of academic education will equate to success in the markets. This is why so many fail. It is not because they are stupid or incapable, it is because one has to first identify what really is the cause of their mistakes and then ALSO have the ability to change it.

The amygdala hijack reflex is so evolutionarily hardwired into our systems that it is very hard to transform, BUT it can be done! So to those of you who are willing to dig deep into your own selves, then this will be a journey worth taking as it will not only affect your trading account and financial health, but your overall outlook as a human being, as in the end, you will not be as swept away by the tides of fear and hope as most people are.

Good luck to all of us.
Market Structure is the King.....
  • #864,866
  • Aug 27, 2025 11:20am Aug 27, 2025 11:20am
Quoting Abeylyn
EMOTIONAL INTELLEGENCE IN TRADING The root cause that makes trading so difficult is mainly due to a seldom talked about or recognized aspect of trading which is called the amygdala hijack. Trading and money is akin to survival, it affects the part of our brain called the amygdala or the reptilian brain. It is an evolutionary knee jerk reaction that triggers pain or pleasure, fear or hope. So if one wins a trade, there is great euphoria, followed by fantasies of wealth, if one loses, there is great pain, regret and frustration, usually followed by...
On a cognitive level, you can say do this or do that when standing on the sidelines looking in, kinda like yelling at the players when watching a game. However, when an individual is IN the game, that objective perspective is replaced by a very deep and total animal sense of survival, there is very little to no subjectivity. That is why it is hard to see the market clearly when one has something at stake in it. You are mainly just focused on how near or far the market is from your entry point.

thats why i dont pay any attention to people who dont post any trades but never stop posting charts pretending they catch all the swings LOL

i went long and stayed in a DD for a day and a half but now im golden

people that talk out of their ass but dont post an occasional trade shudnt be given the time of day
short trump and go long the deepstate
  • #864,867
  • Aug 27, 2025 11:27am Aug 27, 2025 11:27am
Quoting Zebi
{quote} On a cognitive level, you can say do this or do that when standing on the sidelines looking in, kinda like yelling at the players when watching a game. However, when an individual is IN the game, that objective perspective is replaced by a very deep and total animal sense of survival, there is very little to no subjectivity. That is why it is hard to see the market clearly when one has something at stake in it. You are mainly just focused on how near or far the market is from your entry point. thats why i dont pay any attention to people...
Yea, hope you're reading this Leon (Wavegarrick)...
  • #864,868
  • Aug 27, 2025 11:32am Aug 27, 2025 11:32am
Quoting Waveskierrob
{quote} Yea, hope you're reading this Leon (Wavegarrick)...

thats not the friend of urs i had in mind
short trump and go long the deepstate
  • #864,869
  • Aug 27, 2025 11:41am Aug 27, 2025 11:41am
Checking it again , looks bounce got life again!! Let's see what next
Now target 3519 signal 3491
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #864,870
  • Aug 27, 2025 11:41am Aug 27, 2025 11:41am
Quoting Zebi
{quote} thats not the friend of urs i had in mind
but it fits so well...
  • #864,871
  • Aug 27, 2025 11:50am Aug 27, 2025 11:50am
Quoting 3xtazzy
Yesterday's high holding the price going down (atleast for now), can it extends the run? Done for the day, want sleep {image}
use the midpoint of candles too and ull be golden

and remember...the fewer people that agree with your opinion means the better it is since 90% bust out over time LOL
short trump and go long the deepstate
  • #864,872
  • Aug 27, 2025 12:03pm Aug 27, 2025 12:03pm
Quoting Zebi
{quote} use the midpoint of candles too and ull be golden and remember...the fewer people that agree with your opinion means the better it is since 90% bust out over time LOL
...yes and 5% of all road accidents are with people on their mobile phones, so that's means you have 95% chance of having an accident if you are not on your phone while driving...
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  • #864,873
  • Aug 27, 2025 12:09pm Aug 27, 2025 12:09pm
Quoting Waveskierrob
{quote} ...yes and 5% of all road accidents are with people on their mobile phones, so that's means you have 95% chance of having an accident if you are not on your phone while driving... {image}

ill give you the benefit of the doubt waveski and accept that as a UK stat instead of some bullshit you made up so you can post a nice picture


An estimated 1.6 million automobile accidents annually are linked to cell phone use, and studies show drivers who use a phone are significantly more likely to crash. Specific figures vary depending on the source and year, but a major study by the National Safety Council (NSC) attributes about 26% of all crashes to cell phone use, while the National Highway Traffic Safety Administration (NHTSA) reported 3,308 deaths from distracted driving in 2022.
short trump and go long the deepstate
  • #864,874
  • Aug 27, 2025 12:19pm Aug 27, 2025 12:19pm
Quoting Zebi
{quote} ill give you the benefit of the doubt waveski and accept that as a UK stat instead of some bullshit you made up so you can post a nice picture An estimated 1.6 million automobile accidents annually are linked to cell phone use, and studies show drivers who use a phone are significantly more likely to crash. Specific figures vary depending on the source and year, but a major study by the National Safety Council (NSC) attributes about 26% of all crashes to cell phone use, while the National...
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  • #864,875
  • Aug 27, 2025 12:34pm Aug 27, 2025 12:34pm
GBPUSD OUTLOOK —

New structure formed on GU … waiting to see how this movement plays out …. Pretty confusing week to be honest , and I missed the sell opportunity today
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  • #864,876
  • Aug 27, 2025 12:46pm Aug 27, 2025 12:46pm
Whats going on in this thread.... seems to be dying somewhat.... looks like a few left for the Gold thread
  • #864,877
  • Aug 27, 2025 12:53pm Aug 27, 2025 12:53pm
Quoting T721
Whats going on in this thread.... seems to be dying somewhat.... looks like a few left for the Gold thread

its dying cause no more fighting

the arguing iover in the news section...can curse with no repercussions over there LOL

waveski bless his heart is making a valiant effort to reignite all the old feuds but hes failing
short trump and go long the deepstate
  • #864,878
  • Aug 27, 2025 12:58pm Aug 27, 2025 12:58pm
Quoting Abeylyn
EMOTIONAL INTELLEGENCE IN TRADING The root cause that makes trading so difficult is mainly due to a seldom talked about or recognized aspect of trading which is called the amygdala hijack. Trading and money is akin to survival, it affects the part of our brain called the amygdala or the reptilian brain. It is an evolutionary knee jerk reaction that triggers pain or pleasure, fear or hope. So if one wins a trade, there is great euphoria, followed by fantasies of wealth, if one loses, there is great pain, regret and frustration, usually followed by...
Trying to say, “don’t feel fear”, or “be emotionless”,

I think fear comes from having too big a size for your emotions to handle.... Most wanna double or triple their accounts in a day or two or a week. Suicide imo.
being emotionless is easier when your account aint at risk...... but not many seem to want 1 or 2% per week, they wanna get rich now.... I was no different years ago but got kicked in the teeth over and over again till i started taking it slower

Just my 3cents that wont buy you a coffee at Starbucks
  • #864,879
  • Aug 27, 2025 12:59pm Aug 27, 2025 12:59pm
Quoting Zebi
{quote} its dying cause no more fighting the arguing iover in the news section...can curse with no repercussions over there LOL waveski bless his heart is making a valiant effort to reignite all the old feuds but hes failing
  • #864,880
  • Aug 27, 2025 1:00pm Aug 27, 2025 1:00pm
Quoting Zebi
{quote} its dying cause no more fighting the arguing iover in the news section...can curse with no repercussions over there LOL waveski bless his heart is making a valiant effort to reignite all the old feuds but hes failing
I miss the fighting... need to bring nubcake back
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