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Cable Update (GBPUSD)

  • #582,641
  • Mar 8, 2021 3:13pm Mar 8, 2021 3:13pm
Quoting parshal
{quote} Yeah..thanks..dolce vita
o-o-o.., si
dolce vita
  • #582,642
  • Mar 8, 2021 3:30pm Mar 8, 2021 3:30pm
Quoting Moty
{quote} Every pair against dollar is dropping accept of gu Look at eu , Aussie The crooks are in the gu pair
patience mate, it will happen, geppy now @ resistance but yen getting smashed by usd, cable tracking east 4ohrs now, she is getting compressed waiting for dump:-)
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  • #582,643
  • Mar 8, 2021 3:31pm Mar 8, 2021 3:31pm
Quoting Moty
{quote} Every pair against dollar is dropping accept of gu Look at eu , Aussie The crooks are in the gu pair
yes and I have been saying repeatedly easier trades elsewhere!!!!
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  • #582,644
  • Mar 8, 2021 3:48pm Mar 8, 2021 3:48pm
Quoting Headland
... 4hr pennant pattern thingy? 4hr below. {image}
yes i see that too. London bridge is falling down, my fair lady...

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Attached Image
  • #582,645
  • Mar 8, 2021 3:53pm Mar 8, 2021 3:53pm
Quoting Sang.Real
{quote} GU Add scalping position Any comment and view are welcome for educational purposes. Thank You for helping Newbie Sang Real {image}
You're rich
  • #582,646
  • Mar 8, 2021 4:45pm Mar 8, 2021 4:45pm
Quoting knkie
{quote} we will remember this post and quote it back to you the next time you put on your "newbie schtick" asking others for help.
lmfao
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  • #582,647
  • Mar 8, 2021 5:26pm Mar 8, 2021 5:26pm
Quoting KiwiTrada
{quote} patience mate, it will happen, geppy now @ resistance but yen getting smashed by usd, cable tracking east 4ohrs now, she is getting compressed waiting for dump:-)
Ten points KiwiTrada!

Cheers.
  • #582,648
  • Mar 8, 2021 5:59pm Mar 8, 2021 5:59pm
Quoting Sang.Real
{quote} GU Add scalping position Any comment and view are welcome for educational purposes. Thank You for helping Newbie Sang Real {image}

GU

Closed all scalping position

Support is holding price well.

Small profit better than loss.

Attached Image (click to enlarge)
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  • #582,649
  • Mar 8, 2021 6:31pm Mar 8, 2021 6:31pm
Quoting KiwiTrada
USD and Stirling have butchered yen uj (9 weeks) gj (5 months) I was expecting uj to target 109 00 strong resistance (last weeks high 108 63) gj 150 - 151 gj is already there 150 00 (last weeks high 150 70) uj now 108 35 soooo gj and uj could be beginning to print possible pull backs again as above time to be vigilant but cautious reversals can be lucrative if you get entries right ???
uj 109 00 took some time but very very powerful bull run, gj 150 -151 she is testing 150 70 right now, yen may be in for some more spanking:-)
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  • #582,650
  • Mar 8, 2021 6:42pm Mar 8, 2021 6:42pm
... Yesterday's Asian session range contained all of the London and NY session price action...are we finally going to see a break of this 4hr pennant? One thing we know is that when it does break one way or the other what will become either potential sbr or rbs as shown on 1hr below may well be strong zones as potential sbr or rbs in any pullback and retest of the areas because they have had multiple tests and held as supp and res respectively. 1hr is below.
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Trader with an Edge.
  • #582,651
  • Mar 8, 2021 6:44pm Mar 8, 2021 6:44pm
eu approaching good support approx 1 1818 psych 1 8000 just below, but!! if compare swissy bull run with eu bear run, swissy has left her in the dust so eu support possibly may not hold, so its there but im thinking suspect?? au nu bears closeto support but if they can take out previous daily lows, the should continue dumping, weekly says so!!
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  • #582,652
  • Mar 8, 2021 6:45pm Mar 8, 2021 6:45pm
Those ascending trendlines on dly/wkly/mthly come through @ 3710-00 and 3650-45 on Tuesday's dly candle, ie the steepest one joining 2854 with 3133 and 3188, and then the one joining 1410 with 2854, respectively.
Trader with an Edge.
  • #582,653
  • Mar 8, 2021 6:57pm Mar 8, 2021 6:57pm
GU

Scalping Long

Attached Image (click to enlarge)
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  • #582,654
  • Mar 8, 2021 7:05pm Mar 8, 2021 7:05pm
Quoting krismitt
{quote} Ten points KiwiTrada! Cheers.
what is 10 points for mate, she is still in 4hr range (40hr) just tapped psych 1 3800 bottom of range, range traders should have done good last 40hrs, trend traders are sitting on hand (for cable) all other us prs trend traders laughing all the way to the bank:-)
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  • #582,655
  • Mar 8, 2021 7:08pm Mar 8, 2021 7:08pm
Quoting Sang.Real
GU Scalping Long {image}

GU

Newbie add SCALPING position

Any comment are welcome for educational purposes

Thank you for helping Newbie

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  • #582,656
  • Mar 8, 2021 7:08pm Mar 8, 2021 7:08pm
Quoting KiwiTrada
{quote} what is 10 points for mate, she is still in 4hr range (40hr) just tapped psych 1 3800 bottom of range, range traders should have done good last 40hrs, trend traders are sitting on hand (for cable) all other us prs trend traders laughing all the way to the bank:-)

it's been a case of buy at the bottom and sell at the top - simple as that - but the last trade will be wrong lol - ie when it breaks.

Quoting Sang.Real
{quote} GU Newbie add SCALPING position Any comment are welcome for educational purposes Thank you for helping Newbie {image}
1st entry was a textbook buy @ support in this 1hr/4hr range ...I did exactly the same on a 1min entry....as for adding/scaling in - it's not something I do so I can't really comment - I'm an all in-all out type of trader. Good Luck with the 'whole' position though.

EDIT: minor 1hr prev sw hi=prev res=pot res and a desc t/line in it's way at the moment. 1hr below.
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Trader with an Edge.
  • #582,657
  • Mar 8, 2021 7:37pm Mar 8, 2021 7:37pm
Quoting Sang.Real
{quote} GU Newbie add SCALPING position Any comment are welcome for educational purposes Thank you for helping Newbie {image}
according to your chart you long 15minute pin bar @ support ( 4hr range, psych 1 3800) no brainer but so is no stoploss) no brainser
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  • #582,658
  • Mar 8, 2021 7:45pm Mar 8, 2021 7:45pm
Quoting Headland
{quote} it's been a case of buy at the bottom and sell at the top - simple as that - but the last trade will be wrong lol - ie when it breaks. {quote} 1st entry was a textbook buy @ support in this 1hr/4hr range ...I did exactly the same on a 1min entry....as for adding/scaling in - it's not something I do so I can't really comment - I'm an all in-all out type of trader. Good Luck with the 'whole' position though. EDIT: minor 1hr prev sw hi=prev res=pot res and a desc t/line in it's way at the moment. 1hr below. {image}
argh you typed as I was typing lmao, agreed emphasis "no sl" bad habit, people moan because their sl got hit, when it often is either to small or wrong entry point, sl are exactly that control loss when wrong, plus the calculus for determining r/r, I think people who dont use sl, a, dont last long b, are not actually risking anything aka demo
Too many people here post, entry sl asap @be when market has already moved and they green, I dont see the point in posting, could just say I long Blah blah 2hrs ago and now Im sl @ be and 30pips green, pointless but true, still pointless!!!
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  • #582,659
  • Mar 8, 2021 7:50pm Mar 8, 2021 7:50pm
Quoting KiwiTrada
kiwi bears going in to attack 7100 important level
15hr later she back to try again, rule of thumb 1st tap buy support, retest buy 3rd retest stand aside au similar attacking fridays low???
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  • #582,660
  • Edited 10:04pm Mar 8, 2021 8:26pm | Edited 10:04pm
Quoting Sang.Real
{quote} GU Newbie add SCALPING position Any comment are welcome for educational purposes Thank you for helping Newbie {image}

GU

prepare to add long position

add Buy Stop. This is also no brainer trade by Newbie

No stop loss is also no brainer by newbie.

Quick scalping position is no brainer too.
Attached Image (click to enlarge)
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