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Cable Update (GBPUSD)

  • #640,161
  • Nov 18, 2021 10:56am Nov 18, 2021 10:56am
Quoting mysterio
{quote} really quick. TP here for 5xR {image} {image}
Just looking at the PA, it seems like we'll create a 50 pip range and retest todays high for kind of an M pattern

I closed all but wish i'd left a runner on for 1.3515
  • #640,162
  • Nov 18, 2021 10:59am Nov 18, 2021 10:59am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD....M15 ff.png Size: 31 KB
Fools Rushing
  • #640,163
  • Nov 18, 2021 11:02am Nov 18, 2021 11:02am
Quoting mysterio
{quote} really quick. TP here for 5xR {image} {image}
Yo !

You have bloody improved over the days !! Fantastic
Fools Rushing
  • #640,164
  • Nov 18, 2021 11:04am Nov 18, 2021 11:04am
Quoting PiploEscobar
Long now from 1.34690, with very tight stop. RBS + 3 Fib cluster (1.3400, 1.34170 & 1.35200) Was hoping it would go down to weekly pivot 1.34580ish but it doesn't seem like it will now. Also, anecdotally, I've noticed the 2-3pm GMT candle reverse pretty often on GU.
TP @ 1.34890. Hard slog for 20 pips, then it rips up another 10 once I've taken profit
  • #640,165
  • Nov 18, 2021 11:04am Nov 18, 2021 11:04am
Quoting palpite
{quote} sell- 1.3503 sl - 1.3530
Quoting palpite
add sell stop - 1.3450 sl - 1.35

trade closed - 1.3493

sell stop deleted
Together we can be strongest
Vantage Return This Month: na
  • #640,166
  • Nov 18, 2021 11:05am Nov 18, 2021 11:05am
Quoting Ihlas
Bla bla bla

BLA BLA BLA


430 pips with 8,3 pips drawdown.


lol
Attached Image (click to enlarge)
Click to Enlarge Name: gu 377.jpg Size: 110 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #640,167
  • Nov 18, 2021 11:09am Nov 18, 2021 11:09am
Quoting mysterio
{quote} Just looking at the PA, it seems like we'll create a 50 pip range and retest todays high for kind of an M pattern I closed all but wish i'd left a runner on for 1.3515
I feel you! You're killing it though, well done mate.
  • #640,168
  • Nov 18, 2021 11:16am Nov 18, 2021 11:16am
Quoting Pat Chiko
{quote} BLA BLA BLA 430 pips with 8,3 pips drawdown. lol {image}
I am positive too finally went way underwater .. tp increased to 1.35100
Extreme gut feeling trader
  • #640,169
  • Nov 18, 2021 11:16am Nov 18, 2021 11:16am
Hello Everyone,

What I see in the attached price chart of Pound-Dollar is a gradual change in the direction from downtrend to uptrend.

But the market is hard to predict accurately.

Some ForexFactory GBPUSD thread members think the price will drop after rising to mid 1.3500

It is a possible scenario.

There is a Fibonacci level around that price and it aligns with the Fib levels of both short and long term outlook.

I think the fundamental events of next week will give clues on the direction of the price.

Please Trade Safely with Stop Loss.
Attached Image (click to enlarge)
Click to Enlarge Name: B1476919-6C3A-4F55-9600-A34EA87B63EB.png Size: 180 KB
  • #640,170
  • Nov 18, 2021 11:17am Nov 18, 2021 11:17am
Quoting BeeTogether
{quote} As much as I would love to see it, the pair is on a lull right now. If anything we could see a rise by end of tomorrow
In cable world anything possible
Extreme gut feeling trader
  • #640,171
  • Nov 18, 2021 11:20am Nov 18, 2021 11:20am
Quoting mysterio
{quote} really quick. TP here for 5xR {image} {image}
just a bit on the price action for that trade-- its a bit more obvious on the m5 chart. Why was I so confident to buy. We created an m5 demand zone which broke a structure (trendline). If you look at the source there is kind of a sandwich pattern creating good basing for the zone. This means lots of buy orders accumulating. Then after the breakaway we see compression down to retest this zone before rocketing. Also we created a dragonfly doji pinbar after the retest giving added weight to the buy when price reacted. note also on m1 we created a retail pattern (double bottom) which was breached to the downside for liquidity before the up move. Thats pure price action nothing else needed or involved there. Even 3 pips stoploss was generous, 1 or 2 would have been fine. Do that and hold for todays high and you have a 20+ x R trade on your hands
Attached Image (click to enlarge)
Click to Enlarge Name: GU1.png Size: 195 KB
  • #640,172
  • Nov 18, 2021 11:23am Nov 18, 2021 11:23am
Quoting montygoldy
{quote} I am positive too finally went way underwater .. tp increased to 1.35100
Ok Bro.

Nice to hear that, if not we both will be in Synchronize Team by next year.

We need to avoid underwater for long period.....
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #640,173
  • Nov 18, 2021 11:24am Nov 18, 2021 11:24am
Please, i need trading books recommendations guys, I've read almost every book on trading, I'm bored.
Recommend books you think I've not read, thanks ❤
Patience.....
  • #640,174
  • Nov 18, 2021 11:29am Nov 18, 2021 11:29am
Quoting montygoldy
{quote} In cable world anything possible

I've traded Cable for long time.

Within the period of this year, Cable has been tremendously best pair to trade if one using just Price Action.

Looking at Price react to S&R zone as well to S&D zone, it has becoming easy pair to trade.

Unfortunately, it is not very friendly to any indicator based system, as price really moves normally doesn't correlate with Indicator.

Further, it is still the best pair to scalp compares to GOLD.

That's my take.


PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #640,175
  • Nov 18, 2021 11:30am Nov 18, 2021 11:30am
Quoting forex-wolf
{quote} What is your camarilla pivot? Is this a daily pivot or an H4 pivot? {image} This is a pivot on H4. {image}

Sorry, just got back from swimming.
Correction touched S1 and bounced of S2.

Ig markets has option to choose pivot by interval.
Now this is daily chart, daily interval.

Attached Image (click to enlarge)
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Options available and formulas
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  • #640,176
  • Nov 18, 2021 11:33am Nov 18, 2021 11:33am
Quoting Ihlas
Bla bla bla
SHORT 1.3500 no tp no sl
  • #640,177
  • Nov 18, 2021 11:33am Nov 18, 2021 11:33am
Quoting Pat Chiko
{quote} BLA BLA BLA 430 pips with 8,3 pips drawdown. lol {image}

GU

Next is my stop. I will cashed out

Packing up my tools to enjoy the rest of the night.


Take care all.


Attached Image (click to enlarge)
Click to Enlarge Name: gu 378.jpg Size: 120 KB


Need bigger wheel barrow to pack my things today.
Attached Image (click to enlarge)
Click to Enlarge Name: cash.jpg Size: 236 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #640,178
  • Nov 18, 2021 11:34am Nov 18, 2021 11:34am
Quoting Fredo219
Please, i need trading books recommendations guys, I've read almost every book on trading, I'm bored. Recommend books you think I've not read, thanks ❤
I went from reading books to watching videos. All the books I have now are old... written in 2008-2010 period don't know if you are interested...
Attached Image (click to enlarge)
Click to Enlarge Name: Forex Books.jpg Size: 1.7 MB
What are you particularly interested in reading about or learning???
My Future is so Bright I gotta wear Shades! https://www.youtube.com/watch?v
  • #640,179
  • Nov 18, 2021 11:34am Nov 18, 2021 11:34am
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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yes yes yes
  • #640,180
  • Nov 18, 2021 11:36am Nov 18, 2021 11:36am
Come on baby one more spike up hit my tp 1.35100…..
Extreme gut feeling trader
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