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Cable Update (GBPUSD)

  • #584,161
  • Mar 16, 2021 9:42am Mar 16, 2021 9:42am
i'm selling @ 3890 will close if 1H candle open above 3900
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #584,162
  • Mar 16, 2021 9:42am Mar 16, 2021 9:42am
Quoting Sang.Real
{quote} Hi Ihlas. I see you have open LONG trade on GU with almost 95 Lot. You must be Professional Trader or you're Super Rich person in this thread Coz most of us can afford less than 5 lot max. Anyway, good luck with your long trade. Sang Real
Sounds like you're calling him a demo baller Sang Real
  • #584,163
  • Mar 16, 2021 9:45am Mar 16, 2021 9:45am
Hi Bro,
Neither super rich nor professional (I would say that I have a lot to learn but necessarily to apply).
1:500 leverage
I am working on myself. Trying to perfect the entries exits day by day.
The important thing is how can you manage the money. I would say you can make 500 into 100k in 3 months if you have plan and perfect entries. With just 20 pips a day. Just persistance.
Wish you all best.
  • #584,164
  • Edited 9:55am Mar 16, 2021 9:45am | Edited 9:55am
Quoting Theoak
{quote} Long again in at 1.3883 OUT +12 pips hit previous highs - Lets wait for a retrace and in again {image} {image}
5 min double top
Short in at 1.3882
out 8 pip loss
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2021-03-16 144445.png Size: 31 KB
Don't trade what you think. Just what you see!!!
  • #584,165
  • Mar 16, 2021 9:46am Mar 16, 2021 9:46am
Quoting mysterio
{quote} Sounds like you're calling him a demo baller Sang Real

Bro,

Still holding you GU short ?

We need Moty's Hammer now.

Can you persuade him to lend for 4 hours ?
  • #584,166
  • Mar 16, 2021 9:47am Mar 16, 2021 9:47am
Quoting Theoak
{quote} 5 min double top Short in at 1.3882 {image}

Now I like you

We are now in the same boat

You're my buddy
  • #584,167
  • Mar 16, 2021 9:49am Mar 16, 2021 9:49am
Quoting mysterio
{quote} Sounds like you're calling him a demo baller Sang Real

You (he or she) can think whatever you want
  • #584,168
  • Mar 16, 2021 9:50am Mar 16, 2021 9:50am
Quoting Sang.Real
{quote} Bro, Still holding you GU short ? We need Moty's Hammer now. Can you persuade him to lend for 4 hours ?
I am, yeah from 1.3890

It has not been a great day for me i'm in about a 10 pip loss. If I don't recover here I'll probably call it a day and come back fresh tomorrow. To me it is really not clear and I probably shouldn't even be in this trade

Basically I didn't have the balls to short last night and I expected a larger drop before back up so ignored what the market was telling me for the long move.
  • #584,169
  • Mar 16, 2021 9:51am Mar 16, 2021 9:51am
Quoting mysterio
{quote} Sounds like you're calling him a demo baller Sang Real

Lost my appetite to post here. Have a good day.
  • #584,170
  • Mar 16, 2021 9:52am Mar 16, 2021 9:52am
Quoting Ihlas
{quote} You (he or she) can think whatever you want

Don't feel bad.

I trust you

The way you draw your chart and precise entry make me believe you

One day I can graduate from this Newbie status and become like you "Professional Trader"

Take care Bro.
  • #584,171
  • Mar 16, 2021 9:52am Mar 16, 2021 9:52am
Quoting Sang.Real
{quote} There only one open position I have now. Open Short @ 1.38867 The rest still in place, and not filled yet. See chart {image}
wait for the break of last hourly low
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 30 KB
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 36 KB
yes yes yes
  • #584,172
  • Mar 16, 2021 9:55am Mar 16, 2021 9:55am
Quoting mysterio
{quote} I am, yeah from 1.3890 It has not been a great day for me i'm in about a 10 pip loss. If I don't recover here I'll probably call it a day and come back fresh tomorrow. To me it is really not clear and I probably shouldn't even be in this trade Basically I didn't have the balls to short last night and I expected a larger drop before back up so ignored what the market was telling me for the long move.
As long as the price is holding, good chance it will drop sooner or later.

If, it start to break up, then ,both us will lose.

We still need Moty to surrender his hammer
  • #584,173
  • Mar 16, 2021 9:56am Mar 16, 2021 9:56am
Today was a good day to trade GU, but I was too greedy.
My TP was there, but I moved it twice lower and then my SL in profit was hit.
Anyway nice trade. Out for today.

Attached Image (click to enlarge)
Click to Enlarge Name: e6e69cf52d223739d9a9d9d80848aabb.png Size: 35 KB
Observer effect
  • #584,174
  • Edited 10:24am Mar 16, 2021 10:05am | Edited 10:24am
Quoting Sang.Real
{quote} As long as the price is holding, good chance it will drop sooner or later. If, it start to break up, then ,both us will lose. We still need Moty to surrender his hammer
Trying to look at it objectively which is hard when you're bummed from missing everything

I just see that 1h pinbar on the 0.618 retrace and the intersection of two trendlines. Euro is sinking and dollar rising so I thought GU might correlate. I just don't see the dollar switching direction at this stage, and cable is still making lower highs/lows. On the otherhand we're basically in a sideways range and we may have bottomed out just above 1.38ish

I guess we're just stuck in this 1.38-39-40 rangebound market until FOMC say something

Like pipfarm said it's probably best to stay away until things are a bit more clear. If price breaks above that fib then I guess it's all over for us. My expectation was for GU to bottom out around 1.37-3750 then switch bullish

There thats dixie breaking out hard and GU does not care
Attached Image(s) (click to enlarge)
Click to Enlarge Name: guto.png Size: 166 KB
Click to Enlarge Name: dxy.jpg Size: 89 KB
  • #584,175
  • Mar 16, 2021 10:22am Mar 16, 2021 10:22am
Quoting mysterio
{quote} Trying to look at it objectively which is hard when you're bummed from missing everything I just see that 1h pinbar on the 0.618 retrace and the intersection of two trendlines. Euro is sinking and dollar rising so I thought GU might correlate. I just don't see the dollar switching direction at this stage. On the otherhand we're basically in a sideways range and we may have bottomed out just above 1.38ish I guess we're just stuck in this 1.38-39-40 rangebound market until FOMC say something Like pipfarm said it's probably best to stay away...
that 1.37*** area is my expected tp from 1.388
  • #584,176
  • Mar 16, 2021 10:22am Mar 16, 2021 10:22am
Quoting Ihlas
They call it bear I call it bull. Will wait and see. {image}

I saw everyone was bull but i went bear , bull too obvious and not inline with HTFs

Posted the set up in eurusd only thread before it broke down here is the photo

Before

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 40 KB


After

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1-2.png Size: 43 KB
Follow The Markets Structure - Patience and Discipline
  • #584,177
  • Mar 16, 2021 10:25am Mar 16, 2021 10:25am
this is realy shit
Attached Image (click to enlarge)
Click to Enlarge Name: dx.png Size: 25 KB
yes yes yes
  • #584,178
  • Mar 16, 2021 10:28am Mar 16, 2021 10:28am
Quoting pipfarm
{quote} I saw everyone was bull but i went bear , bull too obvious and not inline with HTFs Posted the set up in eurusd only thread before it broke down here is the photo Before {image} After {image}
My euro TP hit too, unfortunately no real money, or at least not the whole thing https://uk.tradingview.com/chart/EUR...Intraday-Idea/

Going long on that pair makes no sense to me at the moment

I actually switched over to GU because there's more action but it's boring me to tears today. I was EU only but GU has had my undivided attention whilst I try to get to grips with how it moves.
  • #584,179
  • Mar 16, 2021 10:29am Mar 16, 2021 10:29am
who expect lower than 1.3850th ???
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmicro-m15-xm-global-limited.png Size: 35 KB
dolce vita
  • #584,180
  • Mar 16, 2021 10:33am Mar 16, 2021 10:33am
Quoting Nd10
{quote} that 1.37*** area is my expected tp from 1.388
Wishing you luck! I really want to let this run too, again my dream scenario (this wont happen but we can dream) is to hit that 1.37-3750 range then bounce, then for FOMC to say something wild and for GU to start a rally
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