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Cable Update (GBPUSD)

  • #592,761
  • May 4, 2021 2:25am May 4, 2021 2:25am
i am going for the round umber 1.38000
it will take the adr to 100 pips , not so much above the average
last 2 drops , it went 180 pips down , so i am giving him a discount
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yes yes yes
  • #592,762
  • May 4, 2021 2:25am May 4, 2021 2:25am
Down trend resumes!
Insane in the Brain..
  • #592,763
  • May 4, 2021 2:29am May 4, 2021 2:29am
Quoting Moty
{image}
imo if she drops right to 1.3780

dolce vita
  • #592,764
  • May 4, 2021 2:29am May 4, 2021 2:29am
Quoting babayaga
{quote} imo if she drops right to 1.3780
that would be the point of potential retrace to 139
Insane in the Brain..
  • #592,765
  • May 4, 2021 2:33am May 4, 2021 2:33am
gj cannot decide where to go
not that I like this much
added short again.., put even SL for one position..,

this line in the sand has to lead somewhere, hasn't it
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dolce vita
  • #592,766
  • May 4, 2021 2:36am May 4, 2021 2:36am
Quoting BeeTogether
{quote} that would be the point of potential retrace to 139
nobody knows
probably she will like staying down for a while

dolce vita
  • #592,767
  • May 4, 2021 2:39am May 4, 2021 2:39am
Quoting babayaga
{quote} imo if she drops right to 1.3780
i saw that also
but i will be happy with 1.38000 , over 100 $ profit
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yes yes yes
  • #592,768
  • May 4, 2021 2:44am May 4, 2021 2:44am
Quoting Moty
i am going for the round umber 1.38000 it will take the adr to 100 pips , not so much above the average last 2 drops , it went 180 pips down , so i am giving him a discount {image}
to me above 3850, buy only today. Today only
Intraday only.
  • #592,769
  • May 4, 2021 2:45am May 4, 2021 2:45am
Quoting Theoak
Short in at 1.3874 Might be a bit early!!! {image}
Stops BE... Lets try and run it!!!!
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Don't trade what you think. Just what you see!!!
  • #592,770
  • May 4, 2021 2:50am May 4, 2021 2:50am
Quoting Sang.Real
{quote} GU Simple set up for Newbie , Support and Resistant forms the basis for all of my ( as Newbie) trading decisions. This Support Becomes Resistant (SBR) set up is the very basic SNR strategy for Newbie. Occasionally you will have an SR Flip standing in the way of a nice smooth run to profit. As we know, ignored support can turn into resistant so please, please, please wait until price had tested that level before entering a trade. Sliding down very fast for scalping reaching quick scalp target. Nothing massive. Anything more complicated than...

GU

End of scalping part 1 - Asia session plus London

Next, to find reliable trade set up.

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  • #592,771
  • May 4, 2021 2:54am May 4, 2021 2:54am
Quoting navk
{quote} to me above 3850, buy only today. Today only
yes, 1.3850 & 1.3895 will show..,
but
"buy" was already yesterday

you cannot step into the same river twice
or .....
let's see
dolce vita
  • #592,772
  • May 4, 2021 2:56am May 4, 2021 2:56am
Retail are BUYING & closing SHORT......so Cable should go DOWN
Attached Image
  • #592,773
  • May 4, 2021 2:57am May 4, 2021 2:57am
Quoting Kampion
{quote} Just some info for those who are using this bulshit broker. {image}
How is it a bulshit broker??? did they take your money? if no then please don't blame the broker for the result of your ignorance. In this business you learn everything vital to your success. Remember nobody owes you knowledge
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #592,774
  • May 4, 2021 2:57am May 4, 2021 2:57am
Quoting Wavegarrick
{quote} Hi Guys, Price action has been more than I can fathom for a Monday and more so a bank holiday. I had my sell trade taken out for 25 pips, I have one buy trade which is serving me well. I have added more sell trades. All locked in. We are above 1.39000 and I would like to think that this upmove is with thin liquidity and we can get back below for my cyclic down move, 1.39000 is crux now. Trade safe, Cheers. {image}
Hi Guys,
I have one surviving sell trade from yesterday with the other 2 taken out for small profits. There are positive little signs for me that we could slip back into a cyclic down move. I have a trade open from my daily pivot and locked in. As long as we stay below 1.39000 I could look to add short trades on 4hr bearish confirmation candles.
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I like to go back to my weekly timeframe to get a bigger picture. From what I can see is that we could be at an inflection point and if 1.38000 gets broken convincingly we could have a nice swing to the downside and I have been talking about this for quite a while now. If I look at my weekly candle wicks there seems to be quite a bit of bear pressure over the past couple of weeks. Nevertheless, these swings are not easy to trade and there could be a lot of erratic moves in either direction before the real move starts.
Trade safe
Cheers.
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Trade to trade another day
  • #592,775
  • May 4, 2021 2:57am May 4, 2021 2:57am
Quoting navk
{quote} to me above 3850, buy only today. Today only
You to buy this candle? Get short or get toast
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yes yes yes
  • #592,776
  • May 4, 2021 3:06am May 4, 2021 3:06am
Quoting Moty
{quote} You to buy this candle? Get short or get toast {image} {image}
ok.

in line with my rules, the price needs to test 3950/60 today.

however, i am out if 3850 breaks.
Intraday only.
  • #592,777
  • May 4, 2021 3:09am May 4, 2021 3:09am
3877 point of control for today. wait for break (long to 3905) or fail (short to 3850)
Twitter: Rummer_grapes
  • #592,778
  • May 4, 2021 3:14am May 4, 2021 3:14am
Quoting Moty
{quote} You to buy this candle? Get short or get toast {image} {image}
lets the PA make double top first , before fall
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #592,779
  • May 4, 2021 3:27am May 4, 2021 3:27am
Trend is long,
But price at mid bb h4, breakout will be back to 1.3970,
Or back to low 1.3800,,
For me stay follow the trend,
Short for scalping only,
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  • #592,780
  • May 4, 2021 3:40am May 4, 2021 3:40am
Had 13845 as a SL for my old long trade. Ready to take the hit and go down.
Insane in the Brain..
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