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Cable Update (GBPUSD)

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  • Post #585,521
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  • Mar 23, 2021 4:47am Mar 23, 2021 4:47am
  •  kCBHk
  • | Membership Revoked | Joined Jan 2021 | 466 Posts
Quoting PopeyeEA
Disliked
{quote} remember this??
Ignored
Er, you essentially called that it could go down but also up. So...
 
2
  • Post #585,522
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  • Mar 23, 2021 4:49am Mar 23, 2021 4:49am
  •  Headland
  • Joined Apr 2020 | Status: trading | 5,234 Posts
This prev 4hr/dly sw lo zone extends to 3778 and then there is a 4hr/minor dly prev sw lo from 12th feb that goes down to 3775. 4hr below.
Attached Image (click to enlarge)
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Name: 015256da78b47ab1cbeab5453800b7f4.png
Size: 64 KB
Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
 
 
  • Post #585,523
  • Quote
  • Mar 23, 2021 4:51am Mar 23, 2021 4:51am
  •  kCBHk
  • | Membership Revoked | Joined Jan 2021 | 466 Posts
Quoting Sang.Real
Disliked
{quote} GU Push higher please. Maintain up. Hope not to trigger SL. {image}
Ignored
Keep faith...I believe it will reverse...

Same thing happened yesterday...

Being patient is a key aspect to forex...I'm long on Cable and NZD/USD...
 
1
  • Post #585,524
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  • Mar 23, 2021 4:52am Mar 23, 2021 4:52am
  •  Sang.Real
  • | Additional Username | Joined Mar 2020 | 1,607 Posts
Quoting MTF Test
Disliked
{quote} Hey SR, Loosing is the part of the game. Learn to absorb the losses. Remove them from your chart. Standup and do the same thing what you have been doing. You will do great. keep up man ..
Ignored

Thanks MTF.

I think trying to go long too early is part of my trading problem.

Kind of FOMO syndrome.

Keep up the good work to encourage newbie to accelerate e their learning in this forum.



Sang Real
 
2
  • Post #585,525
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  • Mar 23, 2021 4:53am Mar 23, 2021 4:53am
  •  Moty
  • Joined Dec 2017 | Status: Member | 22,843 Posts
dx , what is your plan?
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  • Post #585,526
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  • Mar 23, 2021 4:54am Mar 23, 2021 4:54am
  •  kCBHk
  • | Membership Revoked | Joined Jan 2021 | 466 Posts
Quoting Sang.Real
Disliked
{quote} Thanks MTF. I think trying to go long too early is part of my trading problem. Kind of FOMO syndrome. Keep up the good work to encourage newbie to accelerate e their learning in this forum. Sang Real
Ignored
May I offer some advice? If you have this issue, consider this plan instead.

Suppose you use 1 lot. Instead of going in 1 lot, you can break them up into say, 0.5 and 0.5. You can enter your first 0.5 "FOMO" lot first and then another 0.5 lot when it goes against you. You then average down your price without having the fear of missing out.
 
3
  • Post #585,527
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  • Mar 23, 2021 4:55am Mar 23, 2021 4:55am
  •  PopeyeEA
  • | Joined Apr 2020 | Status: SWING TRADER | 110 Posts
Quoting kCBHk
Disliked
{quote} Er, you essentially called that it could go down but also up. So...
Ignored
lol. you can check all my posting before in others thread.

I have said major movement is UP and I just scalp now.
 
 
  • Post #585,528
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  • Mar 23, 2021 4:56am Mar 23, 2021 4:56am
  •  Sang.Real
  • | Additional Username | Joined Mar 2020 | 1,607 Posts
Quoting kCBHk
Disliked
{quote} Keep faith...I believe it will reverse... Same thing happened yesterday... Being patient is a key aspect to forex...I'm long on Cable and NZD/USD...
Ignored

KCBHk.

Yeah.

I'm looking to place for long entry.

Without realizing , it's too early for long trade, as Market Maker need to fill up their order first before going up.

I enjoy your posting and honest opinion.

I'm here to stay and to learn hoe to trade profitability.

Learning from Experienced Traders is better than leaning form YouTube.

Thanks for your support to Newbie.



Sang Real
 
1
  • Post #585,529
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  • Mar 23, 2021 4:57am Mar 23, 2021 4:57am
  •  Headland
  • Joined Apr 2020 | Status: trading | 5,234 Posts
Quoting Headland
Disliked
2 x dly/wkly ascending t/lines...dly below. Lower Dark blue line joins 1411 with 2854. Light blue line joins 2854 with 3188. {image}
Ignored

... taking a closer look they come thru on today's dly candle @ circa 3795 then 3740.
Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
 
 
  • Post #585,530
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  • Mar 23, 2021 4:59am Mar 23, 2021 4:59am
  •  Benton
  • | Joined Mar 2021 | Status: Member | 134 Posts
Quoting Sang.Real
Disliked
{quote} Thanks MTF. I think trying to go long too early is part of my trading problem. Kind of FOMO syndrome. Keep up the good work to encourage newbie to accelerate e their learning in this forum. Sang Real
Ignored
You sold at 1.3810(maybe a loss). If you wait and buy back at 1.3780 or 1.3750. When price goes back to 1.3810, you will win 30 or 60 pips!
 
1
  • Post #585,531
  • Quote
  • Mar 23, 2021 4:59am Mar 23, 2021 4:59am
  •  KingLi
  • | Joined Aug 2020 | Status: Member | 73 Posts
Quoting Moty
Disliked
dx , what is your plan? {image}
Ignored
it wants to go up, but it doesn't have the strength
Do more of what works and less of what doesn't
 
1
  • Post #585,532
  • Quote
  • Mar 23, 2021 5:01am Mar 23, 2021 5:01am
  •  PopeyeEA
  • | Joined Apr 2020 | Status: SWING TRADER | 110 Posts
Quoting Sang.Real
Disliked
{quote} KCBHk. Yeah. I'm looking to place for long entry. Without realizing , it's too early for long trade, as Market Maker need to fill up their order first before going up. I enjoy your posting and honest opinion. I'm here to stay and to learn hoe to trade profitability. Learning from Experienced Traders is better than leaning form YouTube. Thanks for your support to Newbie. Sang Real
Ignored
Just make hedging mate..
My faith gu will going down 1.377 or lowest to 1.3644 this week
 
1
  • Post #585,533
  • Quote
  • Mar 23, 2021 5:01am Mar 23, 2021 5:01am
  •  Sang.Real
  • | Additional Username | Joined Mar 2020 | 1,607 Posts
Quoting PopeyeEA
Disliked
{quote} lol. you can check all my posting before in others thread. I have said major movement is UP and I just scalp now.
Ignored

PopeyeEA

You're very smart trader and professional.

Don't get into argument with others. Let them be. Help Newbie instead. It's better for your heart.


Can you advice me on this LONG trade I've taken ?. This is small amount I trade in proportion to my account.

What is the reasonable TP and SL do you recommend Newbie.

Thanks for your comment and view.

Sang Real

Attached Image (click to enlarge)
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2
  • Post #585,534
  • Quote
  • Mar 23, 2021 5:02am Mar 23, 2021 5:02am
  •  KingLi
  • | Joined Aug 2020 | Status: Member | 73 Posts
Quoting Sang.Real
Disliked
{quote} KCBHk. Yeah. I'm looking to place for long entry. Without realizing , it's too early for long trade, as Market Maker need to fill up their order first before going up. I enjoy your posting and honest opinion. I'm here to stay and to learn hoe to trade profitability. Learning from Experienced Traders is better than leaning form YouTube. Thanks for your support to Newbie. Sang Real
Ignored
You are not only learning, but you're also in the playing field too
Do more of what works and less of what doesn't
 
1
  • Post #585,535
  • Quote
  • Mar 23, 2021 5:04am Mar 23, 2021 5:04am
  •  Tunapar01
  • | Joined Jun 2020 | Status: Member | 25 Posts
Quoting KingLi
Disliked
{quote} it wants to go up, but it doesn't have the strength
Ignored
I hope it doesn't go beyond 92.12
 
 
  • Post #585,536
  • Quote
  • Mar 23, 2021 5:04am Mar 23, 2021 5:04am
  •  RCtrader
  • Joined Aug 2018 | Status: Joyful and Proud | 1,821 Posts
Quoting RCtrader
Disliked
{quote} Or maybe it is the day. We shall see.
Ignored
There is still plenty of room on the way down. The next support on my charts is 1.3777.
Risk Management is of utmost importance!
 
1
  • Post #585,537
  • Quote
  • Mar 23, 2021 5:06am Mar 23, 2021 5:06am
  •  Sang.Real
  • | Additional Username | Joined Mar 2020 | 1,607 Posts
Quoting PopeyeEA
Disliked
{quote} Just make hedging mate.. My faith gu will going down 1.377 or lowest to 1.3644 this week
Ignored
Thank yu

Any specific set up you're looking in why price will further goes down.

Wave count ? Fibo ? Harmonic Pattern ?. EMA Crosses or something I really don't see it's going down.

I'm still learning, need to understand I taking a trade , with good reason to execute it.

Thank again PopeyeEA

P/S - I never look for Trading Signal in this thread. Seldom I follow other people trade call unless they justify it for Technical Analysis.
If they just call LONG or SHORT without proper reason, I just glance thro' and do my own analysis.
 
2
  • Post #585,538
  • Quote
  • Mar 23, 2021 5:06am Mar 23, 2021 5:06am
  •  pipfarm
  • Joined Oct 2010 | Status: Member | 3,268 Posts
First day for a long time cable has tipped to the down side on the daily and weekly and as the monthly is still up we are probably looking at a weekly correction which should filter down through to the lower timeframes
Follow The Markets Structure - Patience and Discipline
 
2
  • Post #585,539
  • Quote
  • Mar 23, 2021 5:09am Mar 23, 2021 5:09am
  •  PopeyeEA
  • | Joined Apr 2020 | Status: SWING TRADER | 110 Posts
Quoting Sang.Real
Disliked
{quote} PopeyeEA You're very smart trader and professional. Don't get into argument with others. Let them be. Help Newbie instead. It's better for your heart. Can you advice me on this LONG trade I've taken ?. This is small amount I trade in proportion to my account. What is the reasonable TP and SL do you recommend Newbie. Thanks for your comment and view. Sang Real {image}
Ignored
Don't make a long now!

If you still want long just use small lot.
 
1
  • Post #585,540
  • Quote
  • Mar 23, 2021 5:15am Mar 23, 2021 5:15am
  •  DailyChart
  • Joined Nov 2013 | Status: Equilibrium Zones | 2,356 Posts
Quoting Sang.Real
Disliked
{quote} KCBHk. Yeah. I'm looking to place for long entry. Without realizing , it's too early for long trade, as Market Maker need to fill up their order first before going up. I enjoy your posting and honest opinion. I'm here to stay and to learn hoe to trade profitability. Learning from Experienced Traders is better than leaning form YouTube. Thanks for your support to Newbie. Sang Real
Ignored
You are not newbie,you are our suggar daddy
 
 
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