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Cable Update (GBPUSD)

  • #591,641
  • Apr 27, 2021 7:02am Apr 27, 2021 7:02am
Quoting Moty
{image}
Bro you short or long ?
  • #591,642
  • Apr 27, 2021 7:03am Apr 27, 2021 7:03am
1.38850 waiting in this area to see any reaction
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #591,643
  • Apr 27, 2021 7:03am Apr 27, 2021 7:03am
Quoting kris89
{quote} Aku kelewati lembunya. Ni ambil koreksi aja bt cemilan. Bsk br lihat daily candle. Haha. Liad weekly monthy ngeri2 sedap sama lembu
Masa?
  • #591,644
  • Apr 27, 2021 7:03am Apr 27, 2021 7:03am
Looking at the 4h a proper short opportunity looks like possible after 1.4
Attached Image (click to enlarge)
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Insane in the Brain..
  • #591,645
  • Apr 27, 2021 7:04am Apr 27, 2021 7:04am
If bullish engulf on 1h, end of story for bears.
  • #591,646
  • Apr 27, 2021 7:07am Apr 27, 2021 7:07am
Quoting IBabyTrader
{quote} Starting short or long?
After this bull move, there is a strong case for the bulls GBP USD to go higher during NY and fill in the remaining 30-40 pts of ADR. I’m still holding on to my short from 1.3913 SL 1.3926. If SL gets hit again, I might consider buying above yesterday’s high 1.3928, but I still think that this YO YO will find its way down towards 1.3875 and lower. IMO
Did you place your stop loss order? Why not?!? Story of my life...
  • #591,647
  • Apr 27, 2021 7:13am Apr 27, 2021 7:13am
Attached Image (click to enlarge)
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yes yes yes
  • #591,648
  • Apr 27, 2021 7:13am Apr 27, 2021 7:13am
Do you use a systematic trailing stop, e.g. after a particular number of candlestick prints or an ATR factor? Perhaps also considering various target levels as price action moves in your favour?

Trade safe.

KP

Quoting Moty
I learned a new lesson why staying in a trade that even it's going in my way and i and feel good about it but suddenly price is stuck below or above last hourly high or low and it can reverse like it happened all the time? i can just exit and place a stop order on the last hourly candle high or low and wait for a break {image}
Do your homework, follow the footprints of smart money
  • #591,649
  • Apr 27, 2021 7:14am Apr 27, 2021 7:14am
Quoting gatenio
If bullish engulf on 1h, end of story for bears.
I was watching it. That base formed . Then. Bull continues for next day is for real
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #591,650
  • Apr 27, 2021 7:19am Apr 27, 2021 7:19am
Quoting kris89
{quote} I was watching it. That base formed . Then. Bull continues for next day is for real
Well said. Printing HH today is almost a certain HH on Wednesday as well.
Did you place your stop loss order? Why not?!? Story of my life...
  • #591,651
  • Apr 27, 2021 7:26am Apr 27, 2021 7:26am
Attached Image (click to enlarge)
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yes yes yes
  • #591,652
  • Apr 27, 2021 7:26am Apr 27, 2021 7:26am
Quoting gatenio
If bullish engulf on 1h, end of story for bears.
Its first NY hour...if it ends up being bullish, its end of bulls.
Everyone can see the chart, but only a few can actually read it.
  • #591,653
  • Apr 27, 2021 7:28am Apr 27, 2021 7:28am
Quoting kris89
{quote} I was watching it. That base formed . Then. Bull continues for next day is for real
yap but just if
  • #591,654
  • Apr 27, 2021 7:34am Apr 27, 2021 7:34am
Quoting OnlineAddict
{quote} Its first NY hour...if it ends up being bullish, its end of bulls.
Can you explain the logic behind?
  • #591,655
  • Apr 27, 2021 7:34am Apr 27, 2021 7:34am
Quoting gatenio
{quote} yap but just if
But i more preferable if the price pullback now to 1.38850 and break that high and keep ranging in 1.3940-1.3950 area
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #591,656
  • Apr 27, 2021 7:36am Apr 27, 2021 7:36am
Quoting gatenio
{quote} Can you explain the logic behind?
Its mostly a fakey...just like Frankfurt before London. Or instead of fakey, we can call it "getting into positions" hour.
Everyone can see the chart, but only a few can actually read it.
  • #591,657
  • Apr 27, 2021 7:37am Apr 27, 2021 7:37am
Quoting littspaniard
short {image}
closed manually with profit
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The only constant is change
  • #591,658
  • Apr 27, 2021 7:38am Apr 27, 2021 7:38am
Quoting kris89
{quote} But i more preferable if the price pullback now to 1.38850 and break that high and keep ranging in 1.3940-1.3950 area
this is not a ping pong, 4h is a bearish flag for me.
and more and more pa patterns.
so below 1.388 again will lead us down.
main target 1.375/7 but there is supports on 3830, 3820, 3800 as RN
  • #591,659
  • Apr 27, 2021 7:39am Apr 27, 2021 7:39am
Quoting OnlineAddict
{quote} Its mostly a fakey...just like Frankfurt before London. Or instead of fakey, we can call it "getting into positions" hour.
thanks, got you.
  • #591,660
  • Apr 27, 2021 7:44am Apr 27, 2021 7:44am
you shell not drop below 1.38940
Attached Image (click to enlarge)
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yes yes yes
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