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Cable Update (GBPUSD)

  • #588,261
  • Apr 7, 2021 2:11am Apr 7, 2021 2:11am
Quoting W0lfram
Shorted @ 1.3825 to ~1.3772
By the way. closed
~3714 next
Attached Image (click to enlarge)
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Air force
  • #588,262
  • Apr 7, 2021 2:12am Apr 7, 2021 2:12am
Bulls & Bears are fighting
Attached Image (click to enlarge)
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  • #588,263
  • Apr 7, 2021 2:12am Apr 7, 2021 2:12am
now drop like a stone
Attached Image (click to enlarge)
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yes yes yes
  • #588,264
  • Apr 7, 2021 2:14am Apr 7, 2021 2:14am
Quoting ruben247
{quote} if you have any bit of sense left, you should be looking for buys too instead of trolling buyers my guy
I'm not sure I'd be buying dude. GU in for a healthy dose of pain soon
  • #588,265
  • Apr 7, 2021 2:19am Apr 7, 2021 2:19am
Quoting mysterio
{quote} I'm not sure I'd be buying dude. GU in for a healthy dose of pain soon
I am buying a lot more long as the price is hovering above 1.3783. I understand if you are skeptical at the current level. North wave is far from over and when we have drops before London, it's always the opposite after London open. any long term trader should seriously consider buying. people that just want small pips can sell if they want.

SS
  • #588,266
  • Apr 7, 2021 2:20am Apr 7, 2021 2:20am
Quoting ruben247
{quote} if you have any bit of sense left, you should be looking for buys too instead of trolling buyers my guy
let's make it simple
sell if price is below the 40 sma band and go below the daily open
buy if price is above the 40 sma band and go above the daily open
Attached Image (click to enlarge)
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yes yes yes
  • #588,267
  • Apr 7, 2021 2:21am Apr 7, 2021 2:21am
Quoting ruben247
{quote} if you have any bit of sense left, you should be looking for buys too instead of trolling buyers my guy
hey mate, you don't have to be rude to people out here. Even if they are rude to you.
Just do your bit and leave the rest.

SS
  • #588,268
  • Apr 7, 2021 2:24am Apr 7, 2021 2:24am
Pre Session London
attached Current Chart & One of The Good Post by Senior Member
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  • #588,269
  • Apr 7, 2021 2:25am Apr 7, 2021 2:25am
Quoting JayBag
{quote} I am buying a lot more long as the price is hovering above 1.3783. I understand if you are skeptical at the current level. North wave is far from over and when we have drops before London, it's always the opposite after London open. any long term trader should seriously consider buying. people that just want small pips can sell if they want. SS
Good luck. I am most definitely not a long term trader so don't look beyond the current week really. I cant sleep with trades running overnight, hah. What's your time horizon, what are your SL/TPs on yesterdays trades out of interest?

Can definitely see a case for buying in the 1.377x but I'd probably not be looking at a long term hold but that's just my style. Predicting weeks/months in the advance is voodoo to me, props if you can do it.
  • #588,270
  • Apr 7, 2021 2:27am Apr 7, 2021 2:27am
Quoting DailyChart
Pre Session London {image}

DC -Food screenshot please!!!!
Don't trade what you think. Just what you see!!!
  • #588,271
  • Apr 7, 2021 2:29am Apr 7, 2021 2:29am
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 38 KB
yes yes yes
  • #588,272
  • Apr 7, 2021 2:31am Apr 7, 2021 2:31am
Quoting mysterio
{quote} Good luck. I am most definitely not a long term trader so don't look beyond the current week really. I cant sleep with trades running overnight, hah. What's your time horizon, what are your SL/TPs on yesterdays trades out of interest?
Not being a long-term trader is completely fine long as you make bread. Scalpers and Swing traders can always coexist. My first target is at 1.39717 and my second is at 1.40129. I am not a fan of SL (Not against SL users). having said that, it is mandatory for me to LOT wisely and hey, I am never trying to make a billion in one go

Lastly, I think people looking to sell for keeps at these levels will need the LUCK

Take Care M
  • #588,273
  • Apr 7, 2021 2:33am Apr 7, 2021 2:33am
Quoting W0lfram
{quote} By the way. closed ~3714 next{image}
Just added S pos @ 1.3807
Air force
  • #588,274
  • Apr 7, 2021 2:34am Apr 7, 2021 2:34am
Quoting mysterio
{quote} Good luck. I am most definitely not a long term trader so don't look beyond the current week really. I cant sleep with trades running overnight, hah. What's your time horizon, what are your SL/TPs on yesterdays trades out of interest? Can definitely see a case for buying in the 1.377x but I'd probably not be looking at a long term hold but that's just my style. Predicting weeks/months in the advance is voodoo to me, props if you can do it.
I did not see this before responding.

Well, I do not think it's voodoo man. whatever you do with small TF, simply extend it to yearly TF to begin with. I find more peace trading long term to be honnest

SS
  • #588,275
  • Apr 7, 2021 2:37am Apr 7, 2021 2:37am
3790 seems to be the new 3805
Compulsions can be hard to resist
  • #588,276
  • Apr 7, 2021 2:38am Apr 7, 2021 2:38am
Quoting Theoak
{quote} DC -Food screenshot please!!!!
Attached Image
  • #588,277
  • Apr 7, 2021 2:39am Apr 7, 2021 2:39am
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yes yes yes
  • #588,278
  • Apr 7, 2021 3:18am Apr 7, 2021 3:18am
Quoting JayBag
{quote} Not being a long-term trader is completely fine long as you make bread. Scalpers and Swing traders can always coexist. My first target is at 1.39717 and my second is at 1.40129. I am not a fan of SL (Not against SL users). having said that, it is mandatory for me to LOT wisely and hey, I am never trying to make a billion in one go Lastly, I think people looking to sell for keeps at these levels will need the LUCK Take Care M
:... it is mandatory for me to LOT wisely..." I love this phrase, JB! A wise and timely counsel indeed!
  • #588,279
  • Apr 7, 2021 3:28am Apr 7, 2021 3:28am
Price respect all the key level. When the price react get it some. Happy trading .

My View on GU still Buy u till my major taken out 1.412
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #588,280
  • Apr 7, 2021 3:29am Apr 7, 2021 3:29am
THE DROP IS COMING
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yes yes yes
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