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Cable Update (GBPUSD)

Quoting Naabde
So, is it time to buy or still have targets down!!
i buy at ranging market 1.38000 - 1.37500 , so i risk low XD
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
Quoting JoeNY
{quote} The low this morning and it's getting pretty close to it with that dip.
ok, your r/r not so good, 4hrly trade range for last 44hrs has been east r @ 1 38o7 s @ 1 3760- 1 3750, your long seem to be smack in middle of range, was just odd, was why I asked
If you are new to Forex? Say Goodbye to your account!!
Waiting for volatility to build up over a period of minimum 45min and then will look to buy around 3765 or higher. PUtting alarms, taking my ninth nap of the day !

See all the work I put in for my friends who dont read
If I don't mention SL and/or TP = longer-term setup possibly in the works!
GBP/USD 4 H
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The 4-hour chart shows that it is ranging just above its 20 and 100 SMAs, which anyway lack directional strength. The Momentum aims higher within positive levels, while the RSI consolidates around 55, both far from signaling a downward move ahead. Still, the pair needs to clear the 1.3815 level to become attractive for bulls.
Quoting kris89
my hand was itchy , i add buy position on range market 1.37500 area to 1.38000 again XD seem the price gonna break below soon , fragile one XD omg daily and H4 also see bear rampage
I dont understand you see bear "rampage" 4hr and daily, and yet you buy??? I accept you buy supoort of hrly & 4hrly range, but sometimes it pays to put itchy finger under bum and wait, dont need to try catch every possible trade, very old good saying" better to be out of a good trade than in a bad one" daily she is flirting with the ltl of rising channel aka bearflag, if it breaks she will plummet, if she holds rising channel still in play, this situation is better to sell top of range than buy bottom
If you are new to Forex? Say Goodbye to your account!!
Quoting segarann
GBP/USD 4 H {image} The 4-hour chart shows that it is ranging just above its 20 and 100 SMAs, which anyway lack directional strength. The Momentum aims higher within positive levels, while the RSI consolidates around 55, both far from signaling a downward move ahead. Still, the pair needs to clear the 1.3815 level to become attractive for bulls.
Or below 1.3750 for shorts.
We cut the winners short and let the losers run.
Quoting KiwiTrada
{quote} I dont understand you see bear "rampage" 4hr and daily, and yet you buy??? I accept you buy supoort of hrly & 4hrly range, but sometimes it pays to put itchy finger under bum and wait, dont need to try catch every possible trade, very old good saying" better to be out of a good trade than in a bad one" daily she is flirting with the ltl of rising channel aka bearflag, if it breaks she will plummet, if she holds rising channel still in play, this situation is better to sell top of range than buy bottom
yes haha , im buying at dips around 1.37500 area , sl with below 1.37400 area for make case if break below . still ping pong to 1.38000.
just curious if its make new higher low then you know what should do
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
Quoting Sang.Real
{quote} dimitricss Ha ha ha... I'm already trapped in my LONG position. Now, thinking how to get out, without hurting my pocket..... {image}

GU

Back to range now.

Cut yesterday trades with some losses. Cannot win them all.

Waiting to get into next long again at L.O.


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Quoting Sang.Real
{quote} GU Back to range now. Cut yesterday trades with some losses. Cannot win them all. Waiting to get into next long again at L.O. {image}
Nice work managing that risk friend ! I lived about the same yesterday too and my chart looks a lot like yours! Im planning a buy around 62 and one at 67, max 2 entries till we clearly get out of this range.

Has to break 67 and stay above. Cant buy the bottom of the range with low risk if the high keeps on getting pushed down right!? wont be ranging long if that keeps on happening We are at the very limit perhaps, before this breaks.

a surprise twist with my EURUSD setup is keeping me up . needed that nap !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
Short order around 1.377.
I expect the dollar to strengthen further.
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Quoting mtako
{quote} Nice work managing that risk friend ! I lived about the same yesterday too and my chart looks a lot like yours! Im planning a buy around 62 and one at 67, max 2 entries till we clearly get out of this range. Has to break 67 and stay above. Cant buy the bottom of the range with low risk if the high keeps on getting pushed down right!? wont be ranging long if that keeps on happening We are at the very limit perhaps, before this breaks. a surprise twist with my EURUSD setup is keeping me up . needed that nap !

Sometimes you have to leave the table early.

Since the table was cold, left some chips on the table and walk away. Fight another day.

Chinese Proverb saying " If you don't let small money go, big money won't come "

Losses in trading is actually cost of doing this business.

Keep the cost down, coz you cannot eliminate cost 100%.


Sang Real
Quoting Sang.Real
{quote} Sometimes you have to leave the table early. Since the table was cold, left some chips on the table and walk away. Fight another day. Chinese Proverb saying " If you don't let small money go, big money won't come " Losses in trading is actually cost of doing this business. Keep the cost down, coz you cannot eliminate cost 100%. Sang Real
yes yes and yes. I did not know that proverb, very nice, thanks for sharing.

I like to close my positions at a loss just as much as I like to close in profit. It is strange to actually put it in words.

It was so hard and so long to get there. I developed that ability long after I developed my main system of strategies. I actually never thought that I could develop such an ability; forgive me for the term.

I thought the battles of emotions were to stay forever. But with time, without thinking that the battle could end, it gradually diminished, and is now but a grain of sand blown away by the wind.

Now it is all too easy and has been so for a while. And as long as my mind stays sharp enough to follow all my rules, I wont be retiring, as I have grown to simply love it. Strange for me to actually put that in words also.

Looks more probable that we could get a long or two in!

Cheers mate.
If I don't mention SL and/or TP = longer-term setup possibly in the works!
scalp little long
it can go either way
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my delusion ~
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
enter short
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Quoting dimitricss
still hold my short since yesterday... 1.3794 dooowwnn you moth***fu*****
Good girl...

Now ... Dive..!!!
Trade with prediction = witch with her visions lol
Quoting Moty
enter short {image}
hi,
how do you ignore sunday bar?
thanks
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"permanent" sell
cable, gj & gold
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dolce vita
Quoting mtako
{quote} Im planning a buy around 62 and one at 67, max 2 entries till we clearly get out of this range. Has to break 67 and stay above. Cant buy the bottom of the range with low risk if the high keeps on getting pushed down right!? wont be ranging long if that keeps on happening We are at the very limit perhaps, before this breaks. a surprise twist with my EURUSD setup is keeping me up . needed that nap !

not a show of show of strength for the bulls if 67 holds at this point in time. For that resistance holding and other factors, I have to tighten the stoplosses of my two newest longs: SLs are now .37588 and 2 ticks below low of the day. Moving at BE if 77 is reached, or getting out. It it has not moved above 67 in the next hour, Im out also, no matter what.

Might be an encouraging time for the bears !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
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