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Cable Update (GBPUSD)

  • #591,961
  • Apr 28, 2021 1:52pm Apr 28, 2021 1:52pm
Quoting Waveskierrob
{quote} I feel so stupid for not taking your advice...Twunt

SARCASM
  • #591,962
  • Apr 28, 2021 1:53pm Apr 28, 2021 1:53pm
Quoting Moty
all out !!! wonderful day , i announced all week about 1.39500 and finally it happened {image} {image}
Thank you Moty! I was bearish but you convinced me. Still might see some bear action yet but I am done for today.
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  • #591,963
  • Apr 28, 2021 1:54pm Apr 28, 2021 1:54pm
Quoting Moty
{image}{image}
unlikely to go past 3950 for me today.

A pull back close to 3920 and then up.

For me.
Intraday only.
  • #591,964
  • Apr 28, 2021 1:56pm Apr 28, 2021 1:56pm
Quoting navk
{quote} unlikely to go past 3950 for me today. A pull back close to 3920 and then up. For me.

i already short for the retracement
1.395000 is a strong res
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yes yes yes
  • #591,965
  • Apr 28, 2021 1:57pm Apr 28, 2021 1:57pm
Quoting navk
{quote} some 20 to 30 pips down before UP. May be, am not sure.

Thanks navk.


Great tips

Trade worked out as your projection.

Keep up the great work.

Sang Real


Quoting Sang.Real
{quote} Give it a shot. {image}
The entry as your projection.

Done and closed scalp.


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  • #591,966
  • Apr 28, 2021 2:01pm Apr 28, 2021 2:01pm
obvious trap
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yes yes yes
  • #591,967
  • Apr 28, 2021 2:06pm Apr 28, 2021 2:06pm
possible major support at 90.620 for dx
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yes yes yes
  • #591,968
  • Apr 28, 2021 2:08pm Apr 28, 2021 2:08pm
Good job yesterdays target came today 1.3947 i quit there watching 1.39144 reaction
  • #591,969
  • Apr 28, 2021 2:15pm Apr 28, 2021 2:15pm
Quoting navk
{quote} unlikely to go past 3950 for me today. A pull back close to 3920 and then up. For me.

Something like this ?

Break out/ pullback to Resistant zone ( now will become support)


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  • #591,970
  • Apr 28, 2021 2:17pm Apr 28, 2021 2:17pm
There is something you will notice in this thread,

1) When the market is Ranging, people like Sang who trades Ranging Market makes a lot of pips and people like Moty who is a trend trader
losses a lot of pips

2) And when the market is Trending people like Moty makes a lot a of Pips and people like Sang gives back to the market, i can remember one of those
days Sang accusing Moty that he is the one making a lot pips, Lol and when i read that i laughed because i knew Sang's week or day was coming.
And when the Market is ranging you will find this thread so quiet which shows that a lot of traders here a Trend Traders.

So why are my saying this? the Question is that can you make money during Trending and Ranging market? if yes, then we should try and be both Moty and Sang or
Trend Trader and Rang Trader for THAT'S LIE'S OUR HOLYGRAIL AND CONSISTENT PROFIT AFTER DICIPLINE.

Please Moty and Sang don't take this personal co's i don't mean bad.
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #591,971
  • Apr 28, 2021 2:29pm Apr 28, 2021 2:29pm
Quoting martinez1
There is something you will notice in this thread, 1) When the market is Ranging, people like Sang who trades Ranging Market makes a lot of pips and people like Moty who is a trend trader losses a lot of pips 2) And when the market is Trending people like Moty makes a lot a of Pips and people like Sang gives back to the market, i can remember one of those days Sang accusing Moty that he is the one making a lot pips, Lol and when i read that i laughed because i knew Sang's week or day was coming. And when the Market is ranging you will find this...
Simple solution to trade both sides profitably is to have a dual account for trend and scalp trades... Remember when the price is moving slowly for too long, wherever the volatility heads to, it will keep going till most stop losses are hit before slow motion will resume again to attract scalpers. The key is to know when to scalp and also know when volatility is imminent.
Data + Stat + Risk/Emotions Management
  • #591,972
  • Apr 28, 2021 2:40pm Apr 28, 2021 2:40pm
Quoting Moty
obvious trap {image}
Trap for up or down?
  • #591,973
  • Apr 28, 2021 2:41pm Apr 28, 2021 2:41pm
Quoting Georginson
{quote} Simple solution to trade both sides profitably is to have a dual account for trend and scalp trades... Remember when the price is moving slowly for too long, wherever the volatility heads to, it will keep going till most stop losses are hit before slow motion will resume again to attract scalpers. The key is to know when to scalp and also know when volatility is imminent.
Well i agree with you but for me you don't need to have Dual accounts for trending and scalping, i don't also need to know when volatility is imminent
i figured out over the years that that's were we all have problem, trying to figure out the market to some degree of perfection, i had stop doing that shit. when is trending it is, when is not then is not. This is my own take i don't know for others
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #591,974
  • Apr 28, 2021 2:50pm Apr 28, 2021 2:50pm
Quoting Abeeha
{quote} Trap for up or down?
As stated earlier in the weekend, as far as price doesn't break 1.3800/1.3830 area, it means 1.4036 is exposed in days ahead.
Data + Stat + Risk/Emotions Management
  • #591,975
  • Apr 28, 2021 3:27pm Apr 28, 2021 3:27pm
Quoting Ihlas
Here is what is going to happen one spike up and one spide down, all the way down
Is the project still active for 1.37600 in this week before 1.4?
may be the FOMC news might have changed the scenario a bit. But I am just a learner and would be nice if you can share the analysis you have been doing.
My observation may be wrong but intent correct. Stay calm!
  • #591,976
  • Apr 28, 2021 4:05pm Apr 28, 2021 4:05pm
Quoting Moty
{quote} i already short for the retracement 1.395000 is a strong res {image}
tp 1.375
Like me, cuts losses quickly. But has more patience and lets his winn
  • #591,977
  • Apr 28, 2021 6:40pm Apr 28, 2021 6:40pm
FOMC madness, daily & higher tf,s nothing has changed, under daily insanity, those who gambled FOMC and or NFP are nothing more than dreamers & gamblers, bring on May sell off, last night was the perfect pre-emption :-)
If you are new to Forex? Say Goodbye to your account!!
  • #591,978
  • Apr 28, 2021 7:04pm Apr 28, 2021 7:04pm
Morning , after the push. Will seek a good setup trade again. Lets call it a day
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #591,979
  • Apr 28, 2021 7:23pm Apr 28, 2021 7:23pm
bought gbpusd 1.39529
exit h1 close below 1.39
tp 1.3998
ITB - Seeing Orderliness amongst 'Randomness'
  • #591,980
  • Edited 8:28pm Apr 28, 2021 7:36pm | Edited 8:28pm
Quoting parshal
{quote} Is the project still active for 1.37600 in this week before 1.4? may be the FOMC news might have changed the scenario a bit. But I am just a learner and would be nice if you can share the analysis you have been doing.

Yes, nothing has changed, this up movement is within the zone. Sold from 1.39500. If GU rises 1.39753 (I don't think it will happen), it complicates everything again. By rising to 1.39600 GU has merged three targets, has left one bigger target down at 1.37300. Also 1.37300 coincides with another target. So far GU makes beautiful game.
EURUSD is heading 1.22400 as I mentioned before.
Good luck
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