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Cable Update (GBPUSD)

  • #515,001
  • Mar 31, 2020 4:32am Mar 31, 2020 4:32am
Quoting Moty
{quote} stopped out . this is why i don't use sl . i prefer to deposite small amount and put it 100% margin without sl , and let it run. for now the trade idea is to enter at anew 15m candle low to daily s2 {image}
Use quick pips bro
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #515,002
  • Mar 31, 2020 4:35am Mar 31, 2020 4:35am
Quoting Moty
{quote} stopped out . this is why i don't use sl . i prefer to deposite small amount and put it 100% margin without sl , and let it run. for now the trade idea is to enter at anew 15m candle low to daily s2 {image}
always notice where should we enter the market then our stop will be safe..
your entry is low price and should cash out after early london play..
just my 2 cents
and always be wrong too..
just for a cup of coffee...
  • #515,003
  • Mar 31, 2020 4:39am Mar 31, 2020 4:39am
Quoting akim0895
{quote} always notice where should we enter the market then our stop will be safe.. your entry is low price and should cash out after early london play.. just my 2 cents and always be wrong too..
oppstt..
sorry..
you just enter half hour ago
i’m wrong there..
just for a cup of coffee...
  • #515,004
  • Mar 31, 2020 4:45am Mar 31, 2020 4:45am
so we got back to those ugly MF days of non vol and only spikes with out any move..
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #515,005
  • Mar 31, 2020 4:49am Mar 31, 2020 4:49am
Any low breaks would see 2150 area again that was an old target which was smashed . And 2080 . Just again note from Sunday’s trade plan .
  • #515,006
  • Mar 31, 2020 4:50am Mar 31, 2020 4:50am
GBPUSD UPDATE (4 Hour TF)
This movement is very much clear, its an Uptrending market. The price is ranging for now, or you can’t just call it a flag pattern. But all it needs to break the range. One thing to remember is that, although its a clear uptrend, it doen’t mean taking a trade right now without seeing a confirmation is the best option. We must always wait for the breakout with a closed candle before placing any trades.
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  • #515,007
  • Mar 31, 2020 4:59am Mar 31, 2020 4:59am
waiting to buy from breakout from 1.2490 and targeting for 1.2720
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Stay Foolish , Stay Hungry
  • #515,008
  • Mar 31, 2020 5:00am Mar 31, 2020 5:00am
ARE YOU READY?
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yes yes yes
  • #515,009
  • Mar 31, 2020 5:03am Mar 31, 2020 5:03am
Quoting smikester
Love to trade out of bullish flag patterns. We already saw the rejection of support level as shown in grey. I will be using an hourly close (if it's a strong close) above the flag for a buy stop trade a few pips above, with a stop loss below the flag. This will add to my already long positions. It's an inexpensive, high value way into what could be a long lasting trade. After all, there are rumours Usd will go negative rates... (1.45 Notkpmg?) {image} I might be wrong though, and often am. It could go completely wrong...
When it breaks it’s 2780 area . If but I am 60/40 for at this time but play it as you see it
  • #515,010
  • Mar 31, 2020 5:09am Mar 31, 2020 5:09am
in a range
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Know The Presence Of The Market
  • #515,011
  • Mar 31, 2020 5:12am Mar 31, 2020 5:12am
Yes atm but what does an htf such as a D1 indicate?

Trade safe and prosper.

KP

Quoting jesxrussel
in a range {image}
Do your homework, follow the footprints of smart money
  • #515,012
  • Mar 31, 2020 5:15am Mar 31, 2020 5:15am
Yes 15 tend I’d down at this time 2200 short break 2400 long break I would think
  • #515,013
  • Mar 31, 2020 5:16am Mar 31, 2020 5:16am
I got a downtrend range....might to to Moty's level at 1.2129 or just fly tomorrow.
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Lost....
  • #515,014
  • Mar 31, 2020 5:37am Mar 31, 2020 5:37am
Triple 3 above triple 7 up we go
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #515,015
  • Mar 31, 2020 5:48am Mar 31, 2020 5:48am
Quoting Moty
ARE YOU READY? {image}

wait to see if 22890 would be broken otherwise buy back to the top. 24500.
Keep the Lights on then you can catch the rise from the dark.
  • #515,016
  • Mar 31, 2020 5:51am Mar 31, 2020 5:51am
Quoting Almo2312
Triple 3 above triple 7 up we go
What does that mean please?
Gone to a better place
  • #515,017
  • Mar 31, 2020 5:51am Mar 31, 2020 5:51am
Quoting gespiri
I got a downtrend range....might to to Moty's level at 1.2129 or just fly tomorrow. {image}
If this closes below 1.2361 on 1hr then the downtrend still applies. Otherwise, it's up.
Lost....
  • #515,018
  • Mar 31, 2020 5:54am Mar 31, 2020 5:54am
Quoting smikester
{quote} What does that mean please?
Its just some averages i working with .
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #515,019
  • Edited 6:08am Mar 31, 2020 5:57am | Edited 6:08am
The larger trend is up which is a corrective swing on daily so the current hourly smaller downtrend is possibly a correction to go long, would need confirmation of the resumption of the larger trend to trade it, otherwise the smaller correction could still be in play.

Also remember the daily is in a downtrend so if the current move up is a correction then the daily downtrend could resume at any time


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Follow The Markets Structure - Patience and Discipline
  • #515,020
  • Mar 31, 2020 6:22am Mar 31, 2020 6:22am
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yes yes yes
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