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Cable Update (GBPUSD)

  • #547,661
  • Sep 11, 2020 4:03am Sep 11, 2020 4:03am
Quoting VM.
{quote} Be careful, 1.277-8 was defended strongly last night. It may fall, but it is likely to fight.
Perfect timing.
  • #547,662
  • Sep 11, 2020 4:04am Sep 11, 2020 4:04am
Quoting pipfarm
{quote} No entry yet but for sure moving strongly down, i do not mind leaving some pips on the table before i get 100% confirmation of the trade entry. MARKET STRUCTURE - PATIENCE - DISCIPLINE = WINNING TRADES

1.2784 short activated
Follow The Markets Structure - Patience and Discipline
  • #547,663
  • Sep 11, 2020 4:04am Sep 11, 2020 4:04am
Quoting Bacco
Pending order: 1.3340 Stop loss 1.3460 Take profit 1.2800
Twitter: Rummer_grapes
  • #547,664
  • Sep 11, 2020 4:05am Sep 11, 2020 4:05am
Quoting VM.
{quote} Be careful, 1.277-8 was defended strongly last night. It may fall, but it is likely to fight.
normally i would agree but the brexit sentiment is ruling this pair now.
and its not good for the pound
in wondering about yourself, you forgot what you came here to be part of
  • #547,665
  • Sep 11, 2020 4:08am Sep 11, 2020 4:08am
Quoting knkie
{quote} normally i would agree but the brexit sentiment is ruling this pair now. and its not good for the pound
We definitely agree on that.
  • #547,666
  • Sep 11, 2020 4:12am Sep 11, 2020 4:12am
Quoting akim0895
{quote} leave me to buy mate.. my stop 2770.. ️
waiting for another buy soon..
just for a cup of coffee...
  • #547,667
  • Sep 11, 2020 4:14am Sep 11, 2020 4:14am
Noticed many loosing money due to lack of the use of TRAILING STOP.

Out of mind and any logic that a trader watch a 200-300pip profit order go back to break-even and worse to big loss..without locking profits at some point.

Even a 50 pip profit should be locked with trailing stop at some 20pips, so how 300pips!!!

More important than entries are exits..again..how to lock profits/limit losses= TRAILING STOP.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #547,668
  • Sep 11, 2020 4:15am Sep 11, 2020 4:15am
Quoting knkie
{quote} excellent shorts look out below {image}
closed short from 2815 for 42 pips

other two shorts SL to +1
in wondering about yourself, you forgot what you came here to be part of
  • #547,669
  • Sep 11, 2020 4:17am Sep 11, 2020 4:17am
Waiting TP 2720
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #547,670
  • Sep 11, 2020 4:18am Sep 11, 2020 4:18am
Quoting akim0895
{quote} waiting for another buy soon..
2750 will be nice
  • #547,671
  • Sep 11, 2020 4:20am Sep 11, 2020 4:20am
Quoting Almo2312
{quote} Nicely free meal . Cheers
speechless !
  • #547,672
  • Sep 11, 2020 4:21am Sep 11, 2020 4:21am
Quoting gatenio
{quote} 2750 will be nice
if this bear really strong
2725 or a little lower is better..
just for a cup of coffee...
  • #547,673
  • Sep 11, 2020 4:21am Sep 11, 2020 4:21am
Quoting knkie
{quote} closed short from 2815 for 42 pips other two shorts SL to +1
adding another sell 2771
in wondering about yourself, you forgot what you came here to be part of
  • #547,674
  • Sep 11, 2020 4:22am Sep 11, 2020 4:22am
both cable and geppy bears are putting the heat on their weekly supports????
If you are new to Forex? Say Goodbye to your account!!
  • #547,675
  • Sep 11, 2020 4:26am Sep 11, 2020 4:26am
Quoting knkie
{quote} adding another sell 2771
all shorts closed
+42
+16
+8
-9
in wondering about yourself, you forgot what you came here to be part of
  • #547,676
  • Sep 11, 2020 4:27am Sep 11, 2020 4:27am
its time to see GBP power again against EUR i guess ?
Attached Image (click to enlarge)
Click to Enlarge Name: timeeee.jpg Size: 83 KB
  • #547,677
  • Sep 11, 2020 4:29am Sep 11, 2020 4:29am
Quoting KiwiTrada
both cable and geppy bears are putting the heat on their weekly supports????
for me i consider it stop hunt

we did 5 waves down just now

so its either we finish wave 5 of wave 5 and rally up will start

or we finished wave 1 of wave 5 ( which i doubt )
  • #547,678
  • Sep 11, 2020 4:29am Sep 11, 2020 4:29am
Quoting akim0895
{quote} waiting for another buy soon..
testing water..
stop 2750..
scalps play
for weekend coffee
️
just for a cup of coffee...
  • #547,679
  • Sep 11, 2020 4:36am Sep 11, 2020 4:36am
..I've 'scrunched' up this 4hr pic below to show the prev 4hr sw hi x 2 zone = prev res = pot rbs that y/day's lo was in as price finds some more demand in it just under y/day's lo and still in that prev dly/wkly sw hi zone that began at 2813.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 86 KB
Trader with an Edge.
  • #547,680
  • Sep 11, 2020 4:38am Sep 11, 2020 4:38am
Quoting msniper
{quote} for me i consider it stop hunt we did 5 waves down just now so its either we finish wave 5 of wave 5 and rally up will start or we finished wave 1 of wave 5 ( which i doubt )
sorry not sure which wave is what, I trade daily weekly and monthly, weekly chart says everything, zoom out too 2nd largest, and tell me what you see???
If you are new to Forex? Say Goodbye to your account!!
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