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Cable Update (GBPUSD)

  • #590,841
  • Apr 22, 2021 2:05am Apr 22, 2021 2:05am
switched to short
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how could i missed that ? dxy was bulding a bullish set up
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yes yes yes
  • #590,842
  • Apr 22, 2021 2:08am Apr 22, 2021 2:08am
Quoting Moty
switched to short {image} how could i missed that ? dxy was bulding a bullish set up{image}
why the rush to enter short?
it's ok to go sideline..

GBP very close to oversold on 1h.
let them work, see how far they can push it.
  • #590,843
  • Apr 22, 2021 2:09am Apr 22, 2021 2:09am
Quoting mysterio
People should always follow their own trading plans instead of listening to anyone on the internet. Especially if you're a day trader. No matter how loud someone is screaming you should always write out your plan for the day, what will make you take a position, what your expectations are, what will make you change your mind. This should be done with a calm, stress free state of mind before you take any positions. Then if you do experience stress if a position goes against you, go back to your written plan. Stress/fight or flight turns off the rational,...
that was very true .
what you plan , what your Motto
follow it
Follow the market , dont follow argument . you can hear opinion. but decision maker is yourself
when trend against you , must know what happen and re read the plan and see the charts.
do the best backup plan ~ <3
live easier with no burden XD
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #590,844
  • Apr 22, 2021 2:12am Apr 22, 2021 2:12am
GU H6 GMT+2

After weekly target ~1.4 and H12 reaching target ~1.4 again, it seems the bulls are tired.
Following the bearish engulfing on H6
Sell stop .3897
SL .3958
1st TP and BE at .3830
2nd TP .3764
3rd TP ~.3600
rr > ~1,5

Good luck!

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Anything is math!
  • #590,845
  • Apr 22, 2021 2:16am Apr 22, 2021 2:16am
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Price on range , so ill make sure a break before taking any position or rejection , with that candle , i was see the market going to reach TL a 1.38500-1.38400 area today and reversal . just opinion

maybe wrong . all depend what marketmaker wanna do ~
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #590,846
  • Apr 22, 2021 2:18am Apr 22, 2021 2:18am
Reversal Zone is calling
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  • #590,847
  • Apr 22, 2021 2:21am Apr 22, 2021 2:21am
Quoting Vincent1
{quote} This is the part of trading that most of people don't understand You have a system, it is right most of the times. In case it is wrong you get stopped out You have a Money Management You have a good Risk to Reward ratio So you can be wrong sometimes, and don't care if market gets your stops. You will win next trade, with a bigger profit than what you lost with stops. That's why I follow people like you When my system is wrong, I'm "happy" when I get stopped out, becouse I think that without stops I would be with increasing loss....like most...
Hi Vincent,
Thank you so much for your words of wisdom. I have been looking for the right words to explain to traders and why I do what I do when it seems totally inappropriate when I take my trades against the grain. You have just answered all that for me. Thanks, friend.

With regards to my trades from yesterday. I was a bit worried this morning when price went towards 1.39500 just below my stops, nevertheless, all worked out well will all trades locked in.

Cheers
Leon.
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Trade to trade another day
  • #590,848
  • Apr 22, 2021 2:24am Apr 22, 2021 2:24am
Quoting helioss
Reversal Zone is calling {image}
If that does not hold even temporarily, 1.3800 is a realistic target by tomorrow pm. Looks as if there is no chance for the bulls at the moment.
Did you place your stop loss order? Why not?!? Story of my life...
  • #590,849
  • Apr 22, 2021 2:24am Apr 22, 2021 2:24am
P&F is according
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  • #590,850
  • Apr 22, 2021 2:25am Apr 22, 2021 2:25am
gu is a bearish mf
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yes yes yes
  • #590,851
  • Apr 22, 2021 2:28am Apr 22, 2021 2:28am
Quoting coyoteuglyxxx
{quote} If that does not hold even temporarily, 1.3800 is a realistic target by tomorrow pm. Looks as if there is no chance for the bulls at the moment.
Well at moment i consider it just a retrace......the most important thing is following step by step
  • #590,852
  • Apr 22, 2021 2:29am Apr 22, 2021 2:29am
aussi is also bearish
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goldi is dropping
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yes yes yes
  • #590,853
  • Apr 22, 2021 2:33am Apr 22, 2021 2:33am
Quoting KiwiTrada
cad back to ground zero time to rinse and repeat flipping short to long first entry 2472 sl 23pips and waiting brit open
doing very nice now 2508 resistance 50 fib and psych 1 2500 sl BE
If you are new to Forex? Say Goodbye to your account!!
  • #590,854
  • Apr 22, 2021 2:33am Apr 22, 2021 2:33am
come on honey... break that 1.3884
sure down we go .....
Trade with prediction = witch with her visions lol
  • #590,855
  • Apr 22, 2021 2:36am Apr 22, 2021 2:36am
Quoting KiwiTrada
{quote} same with dixie 91 02
doing very nice tooo 91 20 sl BE

cable @minor support 1 3884 geppy 150 053 & psych 150 00, time will tell buyer here been little spanked
If you are new to Forex? Say Goodbye to your account!!
  • #590,856
  • Apr 22, 2021 2:41am Apr 22, 2021 2:41am
for 110 pts
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yes yes yes
  • #590,857
  • Apr 22, 2021 2:45am Apr 22, 2021 2:45am
Quoting JayBag
{quote} Let's keep he's arrival secrete
mr lee finally arrived...
Peace Yo!
  • #590,858
  • Apr 22, 2021 2:46am Apr 22, 2021 2:46am
Quoting mrluckystar
{quote} mr lee finally arrived...
not so soon. just prepare . as the somewhere the buyer waiting touch and run high
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #590,859
  • Apr 22, 2021 2:49am Apr 22, 2021 2:49am
the drop will come
ecb anointment in 2 hours
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yes yes yes
  • #590,860
  • Apr 22, 2021 2:57am Apr 22, 2021 2:57am
todays au range hrly already broke down once then went back into range, is presently second breakdown and retesting now range 7763 - 7747, for me is piss ant range, but pa buidsit not me will see what retest is, 4hr and daily is say down much further down, timeframe? who knows, market will do what it does when its ready , euro data tonight again tomorrow night with gbp perhaps eu is better option for trading???
If you are new to Forex? Say Goodbye to your account!!
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