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Cable Update (GBPUSD)

  • #614,181
  • Aug 4, 2021 3:04am Aug 4, 2021 3:04am
Back to the ranging not sure if we will see 13970 today. Longs still on from 13920 and SL now at B/E
Insane in the Brain..
  • #614,182
  • Aug 4, 2021 3:05am Aug 4, 2021 3:05am
Quoting MarkStep
Hidden
Rather you saved me from my sins
  • #614,183
  • Aug 4, 2021 3:06am Aug 4, 2021 3:06am
Quoting mysterio
{quote} Remain in this long from yesterday for the above reason, just PA pattern W with divergence, notice it always has that sharp retracement which is shortable (missed) and I got in late for the long : https://www.forexfactory.com/thread/...7#post13654117 I'm still looking for shorting ops in the h1/h4 supply above (red) waiting for m5 PA to show the way first Had to flip flop from my short view from the weekend but have to go with what the price says and not remain married to ones bias.. this has been one of my problems,...
Re: a short from one of the red levels above.. I see DXY is basically trapped between two levels but is dancing around daily demand, it is never a straight bounce from these daily levels and usually will range a bit first... but do still believe the next direction is up for a retrace on the dixy and will get a good short soon on cable, just a case of getting good entry timing

Closing my long now as I already have a short signal
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  • #614,184
  • Aug 4, 2021 3:14am Aug 4, 2021 3:14am
Quoting MarkStep
Hidden
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Intraday Trading is an Art _ hoda
  • #614,185
  • Aug 4, 2021 3:17am Aug 4, 2021 3:17am
Quoting hoda
{quote} {image}
He wrote that? well I never didn't think he traded forex
  • #614,186
  • Aug 4, 2021 3:17am Aug 4, 2021 3:17am
Well done! I am short from 3941, seemed like a valid session high and upper TL touch from last days. TP 30 pips or thereabouts.

But what do I know, been really rusty trying to restart my trading and hoping to turn around plenty of too early wrong calls.

Stay green folks!

Quoting mysterio
{quote} Re: a short from one of the red levels above.. I see DXY is basically trapped between two levels but is dancing around daily demand, it is never a straight bounce from these daily levels and usually will range a bit first... but do still believe the next direction is up for a retrace on the dixy and will get a good short soon on cable, just a case of getting good entry timing Closing my long now as I already have a short signal {image}
  • #614,187
  • Aug 4, 2021 3:18am Aug 4, 2021 3:18am
Quoting mysterio
{quote} Re: a short from one of the red levels above.. I see DXY is basically trapped between two levels but is dancing around daily demand, it is never a straight bounce from these daily levels and usually will range a bit first... but do still believe the next direction is up for a retrace on the dixy and will get a good short soon on cable, just a case of getting good entry timing Closing my long now as I already have a short signal {image}
wow, man.
excellent work, the ability to maintain all the MTF S&D zones amaze me.

agree with your outlook.
everything pointing GU down.
so the news today is just a quick kick downside.

of course I may be wrong.

soon this trend will over.
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  • #614,188
  • Aug 4, 2021 3:19am Aug 4, 2021 3:19am
Quoting Waveskierrob
{quote} He wrote that? well I never didn't think he traded forex

Trader Joke............
Intraday Trading is an Art _ hoda
  • #614,189
  • Aug 4, 2021 3:21am Aug 4, 2021 3:21am
Quoting Ilvez
Well done! I am short from 3941, seemed like a valid session high and upper TL touch from last days. TP 30 pips or thereabouts. But what do I know, been really rusty trying to restart my trading and hoping to turn around plenty of too early wrong calls. Stay green folks! {quote}
Good one.. and good luck on the reboot!

I have a valid short if it retraces like so but if not then it's missed for me

If I have a m5 zone appear at a HTF zone it is a valid signal for me
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  • #614,190
  • Aug 4, 2021 3:21am Aug 4, 2021 3:21am
Quoting Moty
Yesterday daily candle is very crooky, looks like A reaction, but this is a super bullish candle that broke the daily candle in some point and was full body green candle Crooks made a false down to shake retail buyer {image}
In this conditions..take 5 pips and go to the beach better
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #614,191
  • Aug 4, 2021 3:21am Aug 4, 2021 3:21am
Quoting mysterio
{quote} Re: a short from one of the red levels above.. I see DXY is basically trapped between two levels but is dancing around daily demand, it is never a straight bounce from these daily levels and usually will range a bit first... but do still believe the next direction is up for a retrace on the dixy and will get a good short soon on cable, just a case of getting good entry timing Closing my long now as I already have a short signal {image}
good call mate , i ve my sell also on that supply area , since my area sell mention is 1.39500 on the morning
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #614,192
  • Aug 4, 2021 3:21am Aug 4, 2021 3:21am
Quoting Waveskierrob
{quote} He wrote that? well I never didn't think he traded forex


i think he is the Lee they all talking about, they think its Spike Lee.. no, Bruce!
  • #614,193
  • Aug 4, 2021 3:24am Aug 4, 2021 3:24am
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closed my 0.01 lot short at 39250 im rookie and i dont want to put too much risk on the table. just hobby trading.
rookie trader. 1 year fx trading experience.
  • #614,194
  • Aug 4, 2021 3:26am Aug 4, 2021 3:26am
Manually stopped long not great right now. Trying a cheeky short for 10-15 pips
Insane in the Brain..
  • #614,195
  • Aug 4, 2021 3:27am Aug 4, 2021 3:27am
Quoting gatenio
{quote} wow, man. excellent work, the ability to maintain all the MTF S&D zones amaze me. agree with your outlook. everything pointing GU down. so the news today is just a quick kick downside. of course I may be wrong. soon this trend will over. {image}
Thanks this shows DXY daily clearer-- basing and quick move away at end of June creates the zone (it also took out an opposing supply)

Previous couple of days are indecision candles and you could say basing for a move up

So surely a GU bear move is in the works .. ? In fact maybe we are seeing the beginnings now but don't want to speak too soon
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  • #614,196
  • Aug 4, 2021 3:29am Aug 4, 2021 3:29am
Red Box is the decision maker for me. BUY or SELL. Thats all I know. BUY would be my intention hence most of the facts in MTF is pointing at Intraday Buying.
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Fools Rushing
  • #614,197
  • Aug 4, 2021 3:34am Aug 4, 2021 3:34am
Quoting bureuk
{image} closed my 0.01 lot short at 39250 im rookie and i dont want to put too much risk on the table. just hobby trading.
i shorted again
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rookie trader. 1 year fx trading experience.
  • #614,198
  • Aug 4, 2021 3:35am Aug 4, 2021 3:35am
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Quoting mysterio
{quote} Thanks this shows DXY daily clearer-- basing and quick move away at end of June creates the zone (it also took out an opposing supply) Previous couple of days are indecision candles and you could say basing for a move up So surely a GU bear move is in the works .. ? In fact maybe we are seeing the beginnings now but don't want to speak too soon {image}
Do you have another level box hit as from the above post . I see you had the same idea
  • #614,199
  • Aug 4, 2021 3:37am Aug 4, 2021 3:37am
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yes yes yes
  • #614,200
  • Aug 4, 2021 3:39am Aug 4, 2021 3:39am
Quoting elbert3
{image}{quote} Do you have another level box hit as from the above post . I see you had the same idea
he used red , you blue XD there is red box and blue box
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
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