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Cable Update (GBPUSD)

  • #430,361
  • May 3, 2016 8:24am May 3, 2016 8:24am
market does something obvious =
h1 1 supply demand traders are crushed
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #430,362
  • May 3, 2016 8:26am May 3, 2016 8:26am
you can't see it ,you don't believe its possible haha
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #430,363
  • May 3, 2016 8:27am May 3, 2016 8:27am
Quoting FastPipn
GBP/USD short target to 1.45353
​Target hit +70
Just 20 pips a day to riches
  • #430,364
  • May 3, 2016 8:34am May 3, 2016 8:34am
Quoting FastPipn
{quote} ​Target hit +70
Gbp Short target 1.4480
  • #430,365
  • May 3, 2016 8:37am May 3, 2016 8:37am
market changing direction takes some short trade but using money management and position sizing too.
sell @ 1.4592 , presently my stop is at BE waiting for London close to take TP
  • #430,366
  • May 3, 2016 8:38am May 3, 2016 8:38am
Quoting Magix
H1 support. Quiet thread...everybody underwater with their shorts on? {image}
How are those longs going Magix?
  • #430,367
  • Edited 9:05am May 3, 2016 8:48am | Edited 9:05am
d1 outlook ,for trend followers,
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #430,368
  • May 3, 2016 8:57am May 3, 2016 8:57am
Quoting el_duende
{quote} How are those longs going Magix?
lolWhat do you think?Go back and look at my charts, champ.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #430,369
  • May 3, 2016 9:11am May 3, 2016 9:11am
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  • #430,370
  • May 3, 2016 9:21am May 3, 2016 9:21am
Quoting el_duende
Hehe take the money Enzo. This matters more than demo traders anger at being wrong 😀
Of course. Things don't always turn out as planned. Not every trade is pretty. The moron is just upset he was wrong and made a big show of nothing... Like he usually does. What's the point of coming on here and trading demo your whole life? Then telling real traders who risk their money what to do? Demi trading is easy. There's no risk and no emotions. But in total I made a 186 pips adding to my first position that I said was a good time to short. I just don't feel the need to say everything.
The most important thing to take from all this is listen to your self and what you believe. Don't let other traders charts make you lose focus. Every trader sees something different. Happy trading.
trading on demo is not trading
  • #430,371
  • May 3, 2016 9:36am May 3, 2016 9:36am
Quoting enzo2325
{quote} Of course. Things don't always turn out as planned. Not every trade is pretty. The moron is just upset he was wrong and made a big show of nothing... Like he usually does. What's the point of coming on here and trading demo your whole life? Then telling real traders who risk their money what to do? Demi trading is easy. There's no risk and no emotions. But in total I made a 186 pips adding to my first position that I said was a good time to short. I just don't feel the need to say everything. The most important thing to take from all this...

nice it good to follow your trading rules and not change it even if you are losing it good to use position sizing so even if you have 10 losses it will not affect your account in the long run i was long too made some pips from it but when the market confirm the short moves i went short too making pips too from it.
  • #430,372
  • May 3, 2016 9:56am May 3, 2016 9:56am
Quoting Dr.Zain
{quote} Hi B 2 days rally in Euro and GBP was stop hunt??
hi Dr big boys might of just used the news to profit take , it told us it can break the tl find a pennant shape and buy the bottom regards
  • #430,373
  • May 3, 2016 10:11am May 3, 2016 10:11am
Quoting Bones
market does something obvious = h1 1 supply demand traders are crushed {image}
Hello Bones.

Supply and demand traders trading the 1hr chart would have known not to get in so high on their daily curve.
It's all a question of perspective

best wishes
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Be careful what you think because your thoughts run your life..Solomon
  • #430,374
  • May 3, 2016 10:20am May 3, 2016 10:20am
Hello everyone.

Seeing the cable has gone quiet a bit now, I thought I would share some other ideas with you all.

best wishes

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Be careful what you think because your thoughts run your life..Solomon
  • #430,375
  • May 3, 2016 10:20am May 3, 2016 10:20am
Reversal pattern showing on the lower TF. Tho, still in the Bull area on the 4hr tf
  • #430,376
  • May 3, 2016 10:21am May 3, 2016 10:21am
Quoting arasheed
{quote} Gbp Short target 1.4480
​GBP/USD Short 1.45740 Target 1.45000
Just 20 pips a day to riches
  • #430,377
  • May 3, 2016 10:24am May 3, 2016 10:24am
Hello everyone.

Next potential short term short in GBPUSD

best wishes

Attached Image (click to enlarge)
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Be careful what you think because your thoughts run your life..Solomon
  • #430,378
  • May 3, 2016 10:35am May 3, 2016 10:35am
Quoting Magix
{quote} lolWhat do you think?Go back and look at my charts, champ.
OK so you are -150 pips or so on your longs.As a master trader do you hold the longs or take a loss? What you decide when the market has gone against you is key to a traders success. Let us inexperienced traders benefit from your wisdom
  • #430,379
  • May 3, 2016 10:54am May 3, 2016 10:54am
Quoting el_duende
{quote} OK so you are -150 pips or so on your longs.As a master trader do you hold the longs or take a loss? What you decide when the market has gone against you is key to a traders success. Let us inexperienced traders benefit from your wisdom
​I'm sure once he finishes cleaning his room and taking the trash out his mom will let him play on the computer again and give you the answer you're looking for.
trading on demo is not trading
  • #430,380
  • May 3, 2016 10:56am May 3, 2016 10:56am
Quoting el_duende
{quote} OK so you are -150 pips or so on your longs.As a master trader do you hold the longs or take a loss? What you decide when the market has gone against you is key to a traders success. Let us inexperienced traders benefit from your wisdom


oh boy here we go
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