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Cable Update (GBPUSD)

  • #588,661
  • Apr 8, 2021 8:54pm Apr 8, 2021 8:54pm
switched to long
the theory of s&d , this the reason why price sometimes reverse before the line of s&r .
s&d is where the banks are coming in , the big boys
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yes yes yes
  • #588,662
  • Apr 8, 2021 9:01pm Apr 8, 2021 9:01pm
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  • #588,663
  • Apr 8, 2021 9:13pm Apr 8, 2021 9:13pm
Quoting Moty
switched to long the theory of s&d , this the reason why price sometimes reverse before the line of s&r . s&d is where the banks are coming in , the big boys {image} {image}
crook candle can be done in here as H4 is quite bearish
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #588,664
  • Apr 8, 2021 9:17pm Apr 8, 2021 9:17pm
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"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #588,665
  • Apr 8, 2021 9:23pm Apr 8, 2021 9:23pm
Quoting Moty
switched to long the theory of s&d , this the reason why price sometimes reverse before the line of s&r . s&d is where the banks are coming in , the big boys {image} {image}
i agree with you moti.
Intraday only.
  • #588,666
  • Apr 8, 2021 10:32pm Apr 8, 2021 10:32pm
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Price seem wanna do leap upside in these level , so maybe ill add some buy here with risk 10 point
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #588,667
  • Edited Apr 9, 2021 12:23am Apr 8, 2021 11:17pm | Edited Apr 9, 2021 12:23am
Quoting BeeTogether
It’s shame that IG don’t let you put in order for a new trade when hitting take profit on another trade..
Pretty sure you can, just put a new order in at the same price as your TP on open trade

ps what platform are you using?
  • #588,668
  • Apr 9, 2021 12:09am Apr 9, 2021 12:09am
Quoting Ryd3n
If case of price is consolidating above the local resistance @ 1.3847 long positions are valid with target at 1.3996. If the price falls and consolidates below the local support @ 1.3718 short position are valid with the target at 1.3540. {image}
Still valid.
We cut the winners short and let the losers run.
  • #588,669
  • Apr 9, 2021 12:14am Apr 9, 2021 12:14am
Quoting Moty
switched to long the theory of s&d , this the reason why price sometimes reverse before the line of s&r . s&d is where the banks are coming in , the big boys {image} {image}
agree, but the down pattern is still valid.
just need to wait for it to complete.. im holding pending long 3691, if it will not make it and price break the 3780 then its a long, maybe even to 1.4, idk right now.

but patience needed
  • #588,670
  • Apr 9, 2021 12:17am Apr 9, 2021 12:17am
Best thing to do on a friday is to wait for the end of London session and take an easy trade then.
Everyone can see the chart, but only a few can actually read it.
  • #588,671
  • Apr 9, 2021 12:26am Apr 9, 2021 12:26am
Something like shampoo pattern on macd
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Air force
  • #588,672
  • Apr 9, 2021 12:28am Apr 9, 2021 12:28am
wave five is ready to form
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  • #588,673
  • Apr 9, 2021 12:30am Apr 9, 2021 12:30am
Quoting OnlineAddict
Best thing to do on a friday is to wait for the end of London session and take an easy trade then.
you are right , it was better if i had waited
if it break the daily pivot and weekly s2 , i am out
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yes yes yes
  • #588,674
  • Apr 9, 2021 12:45am Apr 9, 2021 12:45am
switched to short
y's low is broken
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yes yes yes
  • #588,675
  • Apr 9, 2021 12:50am Apr 9, 2021 12:50am
Quoting W0lfram
{quote} By the way. closed ~3714 next{image}
Someone wished the bears LUCK at the beginning of the week. Thanks.
Air force
  • #588,676
  • Apr 9, 2021 12:55am Apr 9, 2021 12:55am
Manual TP of short at 13708

Entry for long accomplished ! 13710. S/l 13650 TP 138
Insane in the Brain..
  • #588,677
  • Apr 9, 2021 12:56am Apr 9, 2021 12:56am
Quoting Moty
switched to short y's low is broken {image} {image}
Mybe today target MA20 on weekly TF on 1.36720. Or MA100 on daily TF
  • #588,678
  • Apr 9, 2021 12:58am Apr 9, 2021 12:58am
Breaks 3700 open for 3500...
Peace Yo!
  • #588,679
  • Apr 9, 2021 12:58am Apr 9, 2021 12:58am
Long from 1.37100. Target 1.38. Short from there. Don't force yourself to ride the trend. At least BE. Take what's enough
  • #588,680
  • Apr 9, 2021 1:01am Apr 9, 2021 1:01am
Could this be the very moment when everyone go short, then the market hit all stops and go up!


Ahem... my instinct told me to buy...so I'll buy it.
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