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Cable Update (GBPUSD)

  • #583,641
  • Mar 12, 2021 9:27am Mar 12, 2021 9:27am
Added a short.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 43 KB
  • #583,642
  • Mar 12, 2021 9:30am Mar 12, 2021 9:30am
Quoting Sang.Real
{quote} GU This trade is not doing well. Get a quick bounce from reaction to H4 demand zone and Weekly Pivot point. Hold a while. May cut it if goes lower. {image}

GU

End of long scalping

Closed trade.

Entry was not perfect.

Hope someday will be able to improve entry with the help of the BEST brain from the group.

Thanks Guys and Girls for your help and patience for pointing me into the right direction of trading.

Take care and Have a good rest with your family on weekends

P/S I have Camel Race on Sat and Sun.
Local Derby.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 121.jpg Size: 224 KB
  • #583,643
  • Mar 12, 2021 9:30am Mar 12, 2021 9:30am
Quoting Ziemowit
Bit off top but do u know guys is there possible to check dxy on mt4? I see many of u watch it before entries and seems very acurate, thanks in advance!
Create demo account directly from your mt4 using vant.age FX broker. I think is listed under CFD
  • #583,644
  • Mar 12, 2021 9:34am Mar 12, 2021 9:34am
Quoting Sang.Real
{quote} GU End of long scalping Closed trade. Entry was not perfect. Hope someday will be able to improve entry with the help of the BEST brain from the group. Thanks Guys and Girls for your help and patience for pointing me into the right direction of trading. Take care and Have a good rest with your family on weekends P/S I have Camel Race on Sat and Sun. Local Derby. {image}
All best for your Camel race. bud ! I was in dxb once. working for EK.
Fools Rushing
  • #583,645
  • Mar 12, 2021 9:40am Mar 12, 2021 9:40am
Quoting MTF Test
No indication of weakness as yet. Can this be a H&S on 1H ? {image}
How about am Inverse Head and Shoulder on 4hrs
  • #583,646
  • Mar 12, 2021 9:48am Mar 12, 2021 9:48am
Quoting Nd10
{quote} How about am Inverse Head and Shoulder on 4hrs
key is closing above 139 IMHO preferably above yesterday’s low
Insane in the Brain..
  • #583,647
  • Mar 12, 2021 9:51am Mar 12, 2021 9:51am
Quoting Nd10
{quote} How about am Inverse Head and Shoulder on 4hrs
i was referring to the same version of H&S. However pair is making Lower highs. I would confirm and re-confirm my entries at this point. Cheers man !
Fools Rushing
  • #583,648
  • Mar 12, 2021 9:52am Mar 12, 2021 9:52am
Quoting BeeTogether
{quote} key is closing above 139 IMHO preferably above yesterday’s low
I think we're in for a fairly decent fall next week man. Lets see
  • #583,649
  • Mar 12, 2021 9:59am Mar 12, 2021 9:59am
Quoting mysterio
{quote} I think we're in for a fairly decent fall next week man. Lets see
yeap, same here
GU retraced awesome, took right position for going down
  • #583,650
  • Mar 12, 2021 10:00am Mar 12, 2021 10:00am
GBP/CAD

This is GBP CAD trade which is the easiest set up I ever encounter.

Price just drop as structure breaks.

This is usually observed in an established trend when we have a breakout in the direction of the trend

SNR level just play along with the spiral downwards after L.O.

I hope, we can see such a massive move in GBP/USD pairs in coming week.

This trade range 186 pips with one shy pullback 14,2 pips at L.O.
Attached Image (click to enlarge)
Click to Enlarge Name: GCAD 100.jpg Size: 210 KB
  • #583,651
  • Mar 12, 2021 10:03am Mar 12, 2021 10:03am
Quoting Sang.Real
GBP/CAD This is GBP CAD trade which is the easiest set up I ever encounter. Price just drop as structure breaks. SNR level just play along with the spiral downwards after L.O. I hope, we can see such a massive move in GBP/USD pairs in coming week. This trade range 186 pips with one shy pullback 14,2 pips at L.O. {image}
Cool! I should check out this pair as i'm a UK/Canadian dual citizen, maybe this is my lucky pair
  • #583,652
  • Mar 12, 2021 10:05am Mar 12, 2021 10:05am
ok. peeps. Have a great weekend. Next week going to be messy. If your in for greenback .

Cheers to all !
Fools Rushing
  • #583,653
  • Mar 12, 2021 10:07am Mar 12, 2021 10:07am
Quoting BeeTogether
{quote} key is closing above 139 IMHO preferably above yesterday’s low

Let's see mate. Got stopped out at 1.392. How is ur buy? Still holding?
  • #583,654
  • Mar 12, 2021 10:08am Mar 12, 2021 10:08am
Quoting mysterio
{quote} I think we're in for a fairly decent fall next week man. Lets see
Why you say so
  • #583,655
  • Mar 12, 2021 10:08am Mar 12, 2021 10:08am
Quoting MTF Test
ok. peeps. Have a great weekend. Next week going to be messy. If your in for greenback . Cheers to all !

Cheers bruv
  • #583,656
  • Mar 12, 2021 10:09am Mar 12, 2021 10:09am
Quoting Sang.Real
{quote} GU End of long scalping Closed trade. Entry was not perfect. Hope someday will be able to improve entry with the help of the BEST brain from the group. Thanks Guys and Girls for your help and patience for pointing me into the right direction of trading. Take care and Have a good rest with your family on weekends P/S I have Camel Race on Sat and Sun. Local Derby. {image}
Good luck with the Donkey Derby. When it's trending like today, be careful, especially with your style, as you'll get smashed to bits. No good trading now as there's no juice in the market. Have a good weekend!!!
Don't trade what you think. Just what you see!!!
  • #583,657
  • Mar 12, 2021 10:15am Mar 12, 2021 10:15am
Quoting mysterio
{quote} Cool! I should check out this pair as i'm a UK/Canadian dual citizen, maybe this is my lucky pair

On subject of CAD

USD/CAD is pretty straight forward pair adhere to SNR level.

Is you mastered the SNR trading method, you can easily trade this pair straight forward, almost everyday

(Except Newsday, a bit tricky)

Here's the chart showing two simple SRF rules apply to this pair. Just fully compliance to SNR trading methodology.
Attached Image (click to enlarge)
Click to Enlarge Name: ucad 100.jpg Size: 176 KB
  • #583,658
  • Mar 12, 2021 10:17am Mar 12, 2021 10:17am
Quoting Sang.Real
GBP/CAD This is GBP CAD trade which is the easiest set up I ever encounter. Price just drop as structure breaks. This is usually observed in an established trend when we have a breakout in the direction of the trend SNR level just play along with the spiral downwards after L.O. I hope, we can see such a massive move in GBP/USD pairs in coming week. This trade range 186 pips with one shy pullback 14,2 pips at L.O. {image}
powah, what a trade! very cool
This picture can be printed in books about trading easily
GBP/CAD is very volatile pair with much noise. Such as GBPAUD and GBPCHF
They often give huge moves, but keep in mind-it retraces often and deep. This pair is good for scalping and EA-scalpers.
  • #583,659
  • Mar 12, 2021 10:20am Mar 12, 2021 10:20am
Quoting Sang.Real
{quote} On subject of CAD USD/CAD is pretty straight forward pair adhere to SNR level. Is you mastered the SNR trading method, you can easily trade this pair straight forward, almost everyday (Except Newsday, a bit tricky) Here's the chart showing two simple SRF rules apply to this pair. Just fully compliance to SNR trading methodology. {image}
Behind this move in USDCAD is employment data, which came 13:30 GMT. Since then USDCAD gave free and easy 80+ pips.
  • #583,660
  • Mar 12, 2021 10:23am Mar 12, 2021 10:23am
Quoting Theoak
{quote} Good luck with the Donkey Derby. When it's trending like today, be careful, especially with your style, as you'll get smashed to bits. No good trading now as there's no juice in the market. Have a good weekend!!!

Is a Camel Derby.... Ha ha ha.

I'm done for the week.

Just going thro my list of to do item for tomorrow race.

Camel already asleep coz I want them to have a good rest tonight.

Thanks for guide and views on my trading execution.

Hope someday I will become like you, a better trader and smart trader.

Good nite all.

P/s What Do You Call a Green Camel In a Forest?
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