Cable Update (GBPUSD)

Quoting gambe

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{quote} What do you mean mate..? I heard from PRO trader put SL above/below at previous pin bar/engulfing candle,, I am so scaredmif the price move againts me...

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Quoting gambe

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{quote} Ok master,, I am waiting for your action, I wish you become my savior today,, keep It update..

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Quoting akim0895

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{quote} yes mate.. fews time its test low todays but can’t break.. so..up we go 1st before another leg down later or tomorrow..

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Quoting navk

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{quote} The trade which I said in test mode. See the targets. {image}

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Quoting gambe

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{quote} Ok master,, I am waiting for your action, I wish you become my savior today,, keep It update..

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Quoting gambe

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{quote} Wtf,,, the best entry, long in the bottom,, why arent you affraid break low..? And why you didnt post it earlier...

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Quoting navk

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{quote} The trade which I said in test mode. See the targets. {image}

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Quoting Trade-G

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{quote} I have a similar setup for this trade but its taken too long....

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Quoting Trade-G

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{quote} Question 1) why you put on a position for trade? You must have some good bias else your entry will be 50-50 and it will be akin to gambling Question 2) when you know when to put on a specific trade arising from a setup you will also know where to enter where is the stop loss and where is the target. Anything else the setup would have invalidated or failed.

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Quoting navk

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{quote} I would advise, not to be in hurry to short.

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Quoting akim0895

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{quote} yes mate.. maybe cable will try make high for today have long some but only small lot.. all days waits for short but not time yet.

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Quoting gambe

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{quote} Good qusestion but its hard to answer,, I dnt know, I just feel confidance this pair was very2 bearish, And I believe It Will go south somehow,, And I cant make a better setup like you guys.., I am very dissanpointed if I am late the party or not including like yesterday.. if u know What I mean...

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Quoting Trade-G

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{quote} Many trade and have failed, and even the best discretionary traders will in time fail even if you know how to read tape or the price action. So you need an edge to keep you in. What I mean by that is some setups that you can rely on. Some people have setups when they trade during the first 15mins of the opening S&P, some people trade maybe 1-3 times a month because their setup only happens in that frequency.... you do not need to trade everyday if your setup does not appear.

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Quoting Trade-G

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gambe what you see here is some sort of compression waiting to breakout, when it does the high timeframe will take over and the move can be explosive. navk have a setup like this as demonstrated here, but his entry is low risk right at the bottom with stops just below the range bottom yesterday. 1 hour ago the up candle is an indication for a move the closing was good but it does not mean it will definitely work out.

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Quoting gambe

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{quote} Good advice master,,, but you mean breakdown or break up @1.319xx..? I Trade 1h,,, sory I am still noob,

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Quoting gambe

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{quote} Good advice master,,, but you mean breakdown or break up @1.319xx..? I Trade 1h,,, sory I am still noob,

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Quoting Trade-G

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{quote} In this instance the breakout look set for upwards but currently it gets stalled from completing an up pattern, last 15mins for the pattern to complete, and I am no master, please

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Quoting OAPDave

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Gone with upside expansion ? {image}

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