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Cable Update (GBPUSD)

  • #592,661
  • May 3, 2021 8:59am May 3, 2021 8:59am
Nah as i post today in morning. The 2 channel combine can see the price can move 2 way. And i get 100 pip from today open market. I was aware price will back and head to thr area needed to hunt before fall. And its 1.42000 i hope that will filled before downward. So near
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #592,662
  • May 3, 2021 9:01am May 3, 2021 9:01am
Quoting Kaysole
[email protected] [email protected] [email protected]
Quoting Kaysole
{quote} TP altered to 1.3940
Changed my [email protected]

I remember some posters were offering condolences for those of us who were buying late in the session on Friday. Before reading a eulogy, at least check the vital signs first.
  • #592,663
  • May 3, 2021 9:07am May 3, 2021 9:07am
hi, just short at 1.3921

touch trade at resistance area..sl around 20 pips
The only constant is change
  • #592,664
  • May 3, 2021 9:09am May 3, 2021 9:09am
Surprised with this massive buy and yet BANK HOLIDAYS
  • #592,665
  • May 3, 2021 9:10am May 3, 2021 9:10am
Quoting mysterio
{quote} If it just sails though this zone then I obviously wont bother. In theory the daily demand is much stronger Just to be clear I'd have to see something very obvious in the PA to actually get into a sell
It just sailed through, no real selling in sight so no short for me

The top of this 4h channel is 1.41, and as the daily demand at 1.38 is a very strong zone I expect it could overpower 1.40 which has been tested a few times already.
  • #592,666
  • May 3, 2021 9:10am May 3, 2021 9:10am
This is the rise before the final crash in May... I see 1.3720 in days ahead, then 1.3450 this Month.
Data + Stat + Risk/Emotions Management
  • #592,667
  • May 3, 2021 9:11am May 3, 2021 9:11am
Quoting makati
Might target 3950-60 before going back to 3770-80. Prepare to short at 3960
Your choice of SL: 3980 or 4010
Target profit: 3770
  • #592,668
  • May 3, 2021 9:12am May 3, 2021 9:12am
Quoting Sang.Real
{quote} GU Price just refuse to pullback Today , had several unfilled Limit Order along the way. Not giving me a better price to enter. Had to manually enter position to get into trade. I hope this time price will pull back a bit to pick up the limit. Patience... {image}

GU

Strong momentum upward.

Only tiny pullback and couldn't filled up any Limit Order today.

Three H4 bull candles ( 12 hours momentum buyer), going for next target. SRF.

Attached Image (click to enlarge)
Click to Enlarge Name: GU 001.jpg Size: 249 KB
  • #592,669
  • May 3, 2021 9:14am May 3, 2021 9:14am
Attached Image (click to enlarge)
Click to Enlarge Name: dx.png Size: 67 KB
yes yes yes
  • #592,670
  • May 3, 2021 9:15am May 3, 2021 9:15am
Quoting Georginson
This is the rise before the final crash in May... I see 1.3720 in days ahead, then 1.3450 this Month.
Yes, this rise is the sign of crash. But this rise won't go up 1.4
  • #592,671
  • May 3, 2021 9:22am May 3, 2021 9:22am
the price should drop to 3900 for another push.

stop 3926
Intraday only.
  • #592,672
  • May 3, 2021 9:23am May 3, 2021 9:23am
Quoting Ihlas
{quote} I think GU is heading 1.39500 again. Great your works too. Good luck
Yeah seems o...I hope it goes until 1.396/7x
My observation may be wrong but intent correct. Stay calm!
  • #592,673
  • May 3, 2021 9:25am May 3, 2021 9:25am
Quoting parshal
{quote} Yeah seems o...I hope it goes until 1.396/7x
I can see 1.39500. Hope it will go more 20 pips to your advantage
  • #592,674
  • May 3, 2021 9:30am May 3, 2021 9:30am
Bears got lucky today...they got beautiful entries above 3900 again.
Everyone can see the chart, but only a few can actually read it.
  • #592,675
  • May 3, 2021 9:42am May 3, 2021 9:42am
why i always do this mistake and try to catch the reversal ?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu1.png Size: 26 KB
Click to Enlarge Name: gu2.png Size: 40 KB
yes yes yes
  • #592,676
  • May 3, 2021 9:43am May 3, 2021 9:43am
Quoting Sang.Real
{quote} GU Strong momentum upward. Only tiny pullback and couldn't filled up any Limit Order today. Three H4 bull candles ( 12 hours momentum buyer), going for next target. SRF. {image}

GU

End of Scalping.

Disappointed with so many Unfilled Limit Order today. Hardy any significant pullback from Bull.


Attached Image (click to enlarge)
Click to Enlarge Name: GU 002.jpg Size: 289 KB
  • #592,677
  • May 3, 2021 9:53am May 3, 2021 9:53am
Quoting Theoak
{quote} Taken 15 pips off the table, Stops to BE run the rest!!! {image}
Run it baby. Today is a great day!!!!
Don't trade what you think. Just what you see!!!
  • #592,678
  • Edited 10:09am May 3, 2021 9:54am | Edited 10:09am
Quoting Moty
why i always do this mistake and try to catch the reversal ? {image} {image}
You will experience many setbacks on the path to success.
They are your responsibility, but not your fault.
Take responsibility WITHOUT blame.
Instead ask: "What would I say to a friend in the same situation?"

Bigger Map will give you the hints ; I use H4 for scalping set up and exit

Sang Real
  • #592,679
  • May 3, 2021 9:59am May 3, 2021 9:59am
Quoting Moty
why i always do this mistake and try to catch the reversal ? {image} {image}

because u thinking u are buying/ selling a discount. Or u think this can not be that easy, trust yourself bro, trust yourself
  • #592,680
  • May 3, 2021 10:02am May 3, 2021 10:02am
Quoting mysterio
We just tagged a strong daily demand zone, here down to 1.3720 Can just be a month end rebalancing thing & profit taking, strong dollar demand but treasury yields actually down on the day Anyone looking for buys or am I thoroughly on my own (next week not tonight) {image}
Don't mess with those daily S&D zones...powerful

Now we are back in a weakened supply zone, will it be ping pong or is it time to break
Attached Image (click to enlarge)
Click to Enlarge Name: daily.jpg Size: 79 KB
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