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Cable Update (GBPUSD)

  • #624,901
  • Sep 21, 2021 11:24pm Sep 21, 2021 11:24pm
the dripping price still in play ( wanna drop but being holded , wanna jump but being roped )
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #624,902
  • Sep 21, 2021 11:28pm Sep 21, 2021 11:28pm
Quoting mysterio
{quote} I see it quite often that significant highs and lows are popped before reversing and we have two daily lows right next to price The words 'double top/bottom/W/M pattern' officially banished from my brewing lexicon I need to stop pretending these work lol. We know many retail traders are longing there too so why wouldn't they go for the stops Am currently just 10 pips in profit so I may just bank at the pivot if we get there {image}
i dont think about MM, only math phenomenon.
break of the low and and probably 1.355 next target

for me it 75 for bulls or 100 for bears.
  • #624,903
  • Sep 21, 2021 11:28pm Sep 21, 2021 11:28pm
Quoting mysterio
Just seems like those lows will be claimed now before any move up, might have to look towards 1.36-3620
Very attractive lows, imo. These numbers shouldn't be like that.. +eq lows + Monday low there. Doomed.
But 'when' is the question
Air force
  • #624,904
  • Sep 21, 2021 11:32pm Sep 21, 2021 11:32pm
This Gorggonite(GBPUSD) always eat my BE...damn
  • #624,905
  • Sep 21, 2021 11:33pm Sep 21, 2021 11:33pm
we can see Daily low maybe after LO , these price compresses and dripped slowly to below

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just for fun
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #624,906
  • Sep 21, 2021 11:36pm Sep 21, 2021 11:36pm
Quoting W0lfram
{quote} Very attractive lows, imo. These numbers shouldn't be like that.. +eq lows + Monday low there. Doomed. But 'when' is the question
Should be an easy break lower when London drops in. Most retail still long at >80% (volume based)…. There’s only one bottom vs many opportunities to push lower.
I AM BIASED - MY THOUGHTS ARE AGAINST YOURS
  • #624,907
  • Sep 21, 2021 11:39pm Sep 21, 2021 11:39pm
Quoting callmegood
{quote} Trigger pulled, selling into trendline, plz hit my sell limit but not my SL {image}
Welpp, ended up pulling more triggers yesterday (as my habit usually dictates if I keep checking the chart every now and then). Went sideways whole night as I slept, so I decided to close all around 1.3658 this morning.
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  • #624,908
  • Sep 21, 2021 11:41pm Sep 21, 2021 11:41pm
Quoting callmegood
{quote} Welpp, ended up pulling more triggers yesterday (as my habit usually dictates if I keep checking the chart every now and then). Went sideways whole night as I slept, so I decided to close all around 1.3658 this morning. {image}
Today's play remains the same, looking for buys around 1.363 zone and I hope it pierced quickly else I'd start to pile buys too early cos finger itchy :/
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  • #624,909
  • Sep 21, 2021 11:42pm Sep 21, 2021 11:42pm
GU in a nice area to buy, but i wouldnt be too fast to pull the trigger

On the sideline until FOMC

Green pips
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  • #624,910
  • Sep 21, 2021 11:43pm Sep 21, 2021 11:43pm
1.36200 area must watch today
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #624,911
  • Sep 21, 2021 11:47pm Sep 21, 2021 11:47pm
Quoting jezzode
{quote} Should be an easy break lower when London drops in. Most retail still long at >80% (volume based)…. There’s only one bottom vs many opportunities to push lower.
Also want to buy, waiting for a good signal. Inconvenient area for me before FOMC, near demand but...
just watching today probably
Air force
  • #624,912
  • Sep 21, 2021 11:52pm Sep 21, 2021 11:52pm
Quoting KiwiTrada
{quote} added full lot long uj 13 pip sl 109 11 now waiting for rewards?
Inserted Video
not euphoria follower
  • #624,913
  • Sep 21, 2021 11:54pm Sep 21, 2021 11:54pm
Quoting W0lfram
{quote} Also want to buy, waiting for a good signal. Inconvenient area for me before FOMC, just watching today probably
oh, I wasn’t suggesting buying at all! But that’s my own logic, keep selling it until proven wrong. I’m not one to try and catch a falling knife

like I said, only one bottom, so you better be sure as dam it that you’re right
I AM BIASED - MY THOUGHTS ARE AGAINST YOURS
  • #624,914
  • Sep 21, 2021 11:57pm Sep 21, 2021 11:57pm
Quoting jezzode
{quote} oh, I wasn’t suggesting buying at all! But that’s my own logic, keep selling it until proven wrong. I’m not one to try and catch a falling knife like I said, only one bottom, so you better be sure as dam it that you’re right
Want to buy like 80%
Air force
  • #624,915
  • Sep 22, 2021 12:01am Sep 22, 2021 12:01am
L.O Begin , test the water buy @1.36500 SL 1.36400 , the price stalled and compressed ( not a trade idea )
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #624,916
  • Sep 22, 2021 12:01am Sep 22, 2021 12:01am
Quoting W0lfram
{quote} Want to buy like 80%
Ha, tempting right - there's actually a strong correlation between retail sentiment vs price

No surprises that it's an opposite correlation!
I AM BIASED - MY THOUGHTS ARE AGAINST YOURS
  • #624,917
  • Sep 22, 2021 12:05am Sep 22, 2021 12:05am
Quoting kris89
L.O Begin , test the water buy @1.36500 SL 1.36400 , the price stalled and compressed ( not a trade idea )
Tank time
I AM BIASED - MY THOUGHTS ARE AGAINST YOURS
  • #624,918
  • Sep 22, 2021 12:12am Sep 22, 2021 12:12am
Quoting kris89
L.O Begin , test the water buy @1.36500 SL 1.36400 , the price stalled and compressed ( not a trade idea )
ah the water splashed xD
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #624,919
  • Sep 22, 2021 12:14am Sep 22, 2021 12:14am
Quoting W0lfram
{quote} Want to buy like 80%
They may just build up more stops then take it all at FOMC, hard to say
  • #624,920
  • Sep 22, 2021 12:14am Sep 22, 2021 12:14am
i was thinking about FOMC later , and GBP rate will its both support the upside move to fast correction these week ? and back to base below next week before monthly candle close
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
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