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Cable Update (GBPUSD)

  • #567,101
  • Dec 20, 2020 11:28pm Dec 20, 2020 11:28pm
what a flush. i see the support being gone now. 1.33014 line in the sand for bulls
  • #567,102
  • Dec 20, 2020 11:34pm Dec 20, 2020 11:34pm
Quoting KiwiTrada
{quote} dont be so greedy - move your sl above your support zone, if it gets there then see what reaction your zone does before re-entry?? just a suggestion

Hi KiwiTrada,

Thank you for your comment.

My SL is at reasonable ( not greed) ,above Support zone ( marked in the chart below.)

I don't understand, WHY you ask me to move my SL, which I think enough for this small trade.

Can you clarify the reaction to the zone before re-entry ?, because I never re-enter the trade, just a single short trade taken.

Thanks again for your support for newbie to learn.

Attached Image (click to enlarge)
Click to Enlarge Name: gu 008.jpg Size: 273 KB
  • #567,103
  • Dec 20, 2020 11:35pm Dec 20, 2020 11:35pm
hard buy zone fo today 1.3280 based on 1.3530
  • #567,104
  • Dec 20, 2020 11:35pm Dec 20, 2020 11:35pm
i think they want to close the gap
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 39 KB
yes yes yes
  • #567,105
  • Dec 20, 2020 11:39pm Dec 20, 2020 11:39pm
Quoting Ehsank78
{quote} hope you didnt shift again
i switched again to short to the gap
yes yes yes
  • #567,106
  • Dec 20, 2020 11:41pm Dec 20, 2020 11:41pm
I don't care now, took my money, can relax, save my brain from dopamin ;D where is smart money guy? ;DD
  • #567,107
  • Dec 20, 2020 11:42pm Dec 20, 2020 11:42pm
Finally

Que Sera
  • #567,108
  • Dec 20, 2020 11:44pm Dec 20, 2020 11:44pm
Quoting Sang.Real
Hi all, Scalping SHORT position going for London open. Trade taken based on Support/Resistant. Target & TP included. Any comment and views are welcome for learning and improving knowledge. Thanks Sang Real. {image}

GU

End of scalping, reaching TP.

Waiting for Spike Lee to arrive with JayBag.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 009.jpg Size: 267 KB
  • #567,109
  • Dec 20, 2020 11:45pm Dec 20, 2020 11:45pm
Long 1,3275
Make money by doing the opposite of Giveachance aka loser
  • #567,110
  • Dec 20, 2020 11:47pm Dec 20, 2020 11:47pm
price will retrace to 1.33357 , from 1 of the 3 area that are shown in the grafh
out from my short , swithed to long
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu1.png Size: 46 KB
Click to Enlarge Name: gu2.png Size: 22 KB
yes yes yes
  • #567,111
  • Dec 20, 2020 11:47pm Dec 20, 2020 11:47pm
Quoting KiwiTrada
{quote} 1 3400 psych is in play now, if it goes 1 3300 is next, Im assuming you are counting on gap closure, often it does happen, but not always, trsading closed gap is often better /safer than trading closure, ie where is entry and sl??
3400 done 3300 done any bids on 3200 that would be something, well done bears :-)
If you are new to Forex? Say Goodbye to your account!!
  • #567,112
  • Dec 20, 2020 11:54pm Dec 20, 2020 11:54pm
Quoting Moty
price will retrace to 1.33357 , from 1 of the 3 area that are shown in the grafh out from my short , swithed to long {image} {image}
too early i feel
  • #567,113
  • Dec 20, 2020 11:55pm Dec 20, 2020 11:55pm
Quoting Sang.Real
{quote} Hi KiwiTrada, Thank you for your comment. My SL is at reasonable ( not greed) ,above Support zone ( marked in the chart below.) I don't understand, WHY you ask me to move my SL, which I think enough for this small trade. Can you clarify the reaction to the zone before re-entry ?, because I never re-enter the trade, just a single short trade taken. Thanks again for your support for newbie to learn. {image}
I am worst typer ever, I meant to move sl to atleast BE plus spread plus original risk, my comment was more about your Take Profit you have it in a zone Im assuming is a support zone, was just suggesting you move the TP to just above that zone, to try catch all of you target is greedy, your r/r was ok, but you would be pissed if market actually reacted to your support zone and she bounced, missing your TP was just a suggestion!
If you are new to Forex? Say Goodbye to your account!!
  • #567,114
  • Dec 20, 2020 11:59pm Dec 20, 2020 11:59pm
Quoting Ehsank78
{quote} too early i feel
false break in the making .
the crooks always do that shit.
we are at 233 pips drop from weekly open , this is almost twice of the adr .
they won't drop it in 1 move , they want to scalp long into big sellers power
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 28 KB
yes yes yes
  • #567,115
  • Dec 21, 2020 12:00am Dec 21, 2020 12:00am
Quoting miedpreneur
{quote} haha.. go go go Moty.. i wait 1.3300 then buy again.. now i try to go short first.. hard to find good spot on tight move like this..
now i go with long to 1.335 area then out to see what happen..
Trade what you see, not what you think.. react and stay sharp..
  • #567,116
  • Dec 21, 2020 12:03am Dec 21, 2020 12:03am
trying a long for 30 pips.. on this 1h candle.... won't hold too long....
Extreme gut feeling trader
  • #567,117
  • Dec 21, 2020 12:05am Dec 21, 2020 12:05am
Quoting KiwiTrada
{quote} I am worst typer ever, I meant to move sl to atleast BE plus spread plus original risk, my comment was more about your Take Profit you have it in a zone Im assuming is a support zone, was just suggesting you move the TP to just above that zone, to try catch all of you target is greedy, your r/r was ok, but you would be pissed if market actually reacted to your support zone and she bounced, missing your TP was just a suggestion!
Thank You KiwiTrada,

Ha ha ha.... No problem with Typo. everybody does,.

Yea, now it more sense with SL and TP zones. The TP is reachable as those are fresh zone.

Again, thank you very much for helping newbie like me in this thread.

Keep on posting, It really help me to gain knowldege and understanding trading GBP

Good luck with you trade and trade safely.

Sincerely

Sang Real
  • #567,118
  • Dec 21, 2020 12:12am Dec 21, 2020 12:12am
sensing resistance around 1.3500 levels. thoughts?
  • #567,119
  • Dec 21, 2020 12:12am Dec 21, 2020 12:12am
Quoting Sang.Real
{quote} Thank You KiwiTrada, Ha ha ha.... No problem with Typo. everybody does,. Yea, now it more sense with SL and TP zones. The TP is reachable as those are fresh zone. Again, thank you very much for helping newbie like me in this thread. Keep on posting, It really help me to gain knowldege and understanding trading GBP Good luck with you trade and trade safely. Sincerely Sang Real
luck is nothing in trading, with much work, research, patience, planning etc etc you will be rewarded, take short cuts, lazy, market will kill you
If you are new to Forex? Say Goodbye to your account!!
  • #567,120
  • Dec 21, 2020 12:14am Dec 21, 2020 12:14am
geppy gap closed, 137 59 was almost thinking bears were going to keep on trucking bull in process of reacting, time will tell, patience required
If you are new to Forex? Say Goodbye to your account!!
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