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Cable Update (GBPUSD)

  • #575,961
  • Feb 3, 2021 9:03am Feb 3, 2021 9:03am
Quoting babayaga
probably 1.37 first demo {image}
The party is yet to begin but the mood is there...
See all those smiling faces reading this and seeing the cable ride
My observation may be wrong but intent correct. Stay calm!
  • #575,962
  • Feb 3, 2021 9:04am Feb 3, 2021 9:04am
Quoting Sang.Real
{quote} GU Add one more LONG Scalping position. Will move SL to better place. {image}

You are learning FAST!
Maadik Hugiis. IQ 69.
  • #575,963
  • Feb 3, 2021 9:05am Feb 3, 2021 9:05am
Quoting maheeee
{quote} its going above open price.... happy bullllllllllllllllllllllllllllllllllllllllllllll
It will be a good call if the candle remain bullish, Cheers man !
Fools Rushing
  • #575,964
  • Feb 3, 2021 9:05am Feb 3, 2021 9:05am
Quoting Olabanji-Tex
Sometimes I wonder how the news (fundamentals) affect the GBPUSD market. I think the 1.3700 is a strong resistance area and the 1.3600 is a strong support area. The GBPUSD market seems to be moving within these two areas. I think the fundamentals will determine which level will be broken eventually. I think the non-farm employment change will give the GBPUSD market a strong direction on Friday. For example, if the news is good for USD, the price might go below 1.3600. And if the news is bad for USD, the 1.3700 level might be exceeded to the upside....
What did the fundamental do in the last 1 hour or so?
My observation may be wrong but intent correct. Stay calm!
  • #575,965
  • Feb 3, 2021 9:05am Feb 3, 2021 9:05am
1.36000 in the making
Boris Johnson , phone home
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: gu1.png Size: 50 KB
yes yes yes
  • #575,966
  • Feb 3, 2021 9:08am Feb 3, 2021 9:08am
Quoting MTF Test
{quote} It will be a good call if the candle remain bullish, Cheers man !

He will nail that one, highly likely.
Nailing his 8th consequtive d1 candle, me believes.️
Maadik Hugiis. IQ 69.
  • #575,967
  • Edited 9:20am Feb 3, 2021 9:08am | Edited 9:20am
Attached Image (click to enlarge)
Click to Enlarge Name: GU 117.jpg Size: 233 KB

Quoting Sang.Real
{quote} GU Add one more LONG Scalping position. Will move SL to better place. {image}

GU

Ready to SHORT now ? Or just HOLD.

Anyone can give comment on this ?

Thank You
  • #575,968
  • Feb 3, 2021 9:08am Feb 3, 2021 9:08am
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
Quoting Moty
1.36000 in the making Boris Johnson , phone home {image} {image}
I'm with you today
Studing..............
  • #575,969
  • Feb 3, 2021 9:12am Feb 3, 2021 9:12am
Quoting parshal
{quote} What did the fundamental do in the last 1 hour or so?

Hello Parshal,

I am just taking about the market in general.

I am talking about the levels to watch out for this week and maybe next week.
  • #575,970
  • Feb 3, 2021 9:12am Feb 3, 2021 9:12am
Quoting cymru1
{quote} Yup it is. Down 25,000 currently. This game is NOT for me.
Use 0.1 lot.
Im losing today, but im not worry.
There are 27 days left for me to trade.
We are playing long term game.
  • #575,971
  • Feb 3, 2021 9:13am Feb 3, 2021 9:13am
Quoting MoneyZilla
{quote} You are learning FAST!
It is only beginners (Newbie) Luck.

I need to learn to place the correct SL area, which most of trade ended up with stopped-out.

Today, I place SL in very safe place.....

Thanks to many professional and expert traders in this thread , who're giving me a very valuable lesson and tips.




P/S. to hold or to close ?
  • #575,972
  • Feb 3, 2021 9:17am Feb 3, 2021 9:17am
Quoting cymru1
{quote} I appreciate the advice guys. As I mentioned above - just traded on the wrong way with the news. I'm still baffled as to why good news for the US means the dollar going against the pound. Just cannot get my head around it!
you know what,. Shit happens ! this on of that days news didn't drive the price as expected yet it drove the other way around. I guess your PM is going to have a meeting with EU to sort out post Brexit issues which gave the price a boost. If you ask me, I m still favoring short. However i am locked in with BE. Whatever happens i m out, no harm will be done. Lot size, R:R and overall money management - give it thought.

Take it easy your self man. i m sure everyone of them here have blown accounts. i have blown many account in the past. Hope your trade goes well and bears will take control.
Fools Rushing
  • #575,973
  • Feb 3, 2021 9:19am Feb 3, 2021 9:19am
Quoting MTF Test
{quote} you know what,. Shit happens ! this on of that days news didn't drive the price as expected yet it drove the other way around. I guess your PM is going to have a meeting with EU to sort out post Brexit issues which gave the price a boost. If you ask me, I m still favoring short. However i am locked in with BE. Whatever happens i m out, no harm will be done. Lot size, R:R and overall money management - give it thought. Take it easy your self man. i m sure everyone of them here have blown accounts. i have blown many account in the past. Hope...


I really do appreciate the advice. Going forward I will place much smaller lot sizes. Greed got the better of me
  • #575,974
  • Feb 3, 2021 9:20am Feb 3, 2021 9:20am
Quoting Sang.Real
{quote} GU Ready to SHORT now ? Or just HOLD. Anyone can give comment on this ? Thank You {image}
Short!!!

I mentioned 1.36663 level yesterday.

It is a very important level.
  • #575,975
  • Feb 3, 2021 9:21am Feb 3, 2021 9:21am
eg false break
0.88000 round number
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: dx.png Size: 34 KB
yes yes yes
  • #575,976
  • Feb 3, 2021 9:22am Feb 3, 2021 9:22am
Quoting cymru1
{quote} I appreciate the advice guys. As I mentioned above - just traded on the wrong way with the news. I'm still baffled as to why good news for the US means the dollar going against the pound. Just cannot get my head around it!
The price not crossed the last top, probably will drop more and you will close the trade with profit.
Together we can be strongest
Vantage Return This Month: na
  • #575,977
  • Feb 3, 2021 9:23am Feb 3, 2021 9:23am
Quoting cymru1
{quote} I really do appreciate the advice. Going forward I will place much smaller lot sizes. Greed got the better of me
You are trading massivley. About 10x too much for an account of £25k.
Remember, only one thing prevents you from trading. Capital. So capital preservation is the most important thing of all.
A fool and his money are easily parted
  • #575,978
  • Feb 3, 2021 9:27am Feb 3, 2021 9:27am
Quoting cymru1
{quote} I really do appreciate the advice. Going forward I will place much smaller lot sizes. Greed got the better of me
It seems your trade is going your way again. Price is rejecting the important resistance. I think you will end in a profit. But never forget your money management thinking that every trade will be lucky.
Fools Rushing
  • #575,979
  • Feb 3, 2021 9:27am Feb 3, 2021 9:27am
Quoting Sang.Real
{quote} It is only beginners (Newbie) Luck. I need to learn to place the correct SL area, which most of trade ended up with stopped-out. Today, I place SL in very safe place..... Thanks to many professional and expert traders in this thread , who're giving me a very valuable lesson and tips.

Ha-ha!
Quote
P/S. to hold or to close ?

Dunno. Me sets goals and waits. Until they get reached... It all depends on your goals, is it not? You do know best. Me is holding... Goals not achieved, yet.
Maadik Hugiis. IQ 69.
  • #575,980
  • Feb 3, 2021 9:27am Feb 3, 2021 9:27am
Quoting pipcenturion
{quote} Short!!! I mentioned 1.36663 level yesterday. It is a very important level.
THIS is cool!
___
Not the crystal ball shit from some person...
Air force
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