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Cable Update (GBPUSD)

  • #594,221
  • May 11, 2021 12:12pm May 11, 2021 12:12pm
Quoting Sang.Real
{quote} GU Credit to the Spike Lees great job. Well executed. ! Now, it's time to get ready your hammer down. Preparing to close scalp position. {image}
Hi, this open position using EA or manual? Thanks
  • #594,222
  • May 11, 2021 12:13pm May 11, 2021 12:13pm
Quoting Sang.Real
{quote} GU Credit to the Spike Lees great job. Well executed. ! Now, it's time to get ready your hammer down. Preparing to close scalp position. {image}

GU

Closed all long

Open Scalping short position.

Hope this trade works out.

Need Hammer now.

Attached Image (click to enlarge)
Click to Enlarge Name: GU 093.jpg Size: 218 KB
  • #594,223
  • May 11, 2021 12:14pm May 11, 2021 12:14pm
Quoting wilson03
{quote} Hi, this open position using EA or manual? Thanks

Manually executed.
  • #594,224
  • May 11, 2021 12:15pm May 11, 2021 12:15pm
Quoting Sang.Real
{quote} GU Closed all long Open Scalping short position. Hope this trade works out. Need Hammer now. {image}
enjoy your day tomorrow you’ve had a very good day!
Insane in the Brain..
  • #594,225
  • May 11, 2021 12:15pm May 11, 2021 12:15pm
it keep going up cause everyone short this bad boy
  • #594,226
  • May 11, 2021 12:16pm May 11, 2021 12:16pm
Is the hammer now starting?
  • #594,227
  • May 11, 2021 12:18pm May 11, 2021 12:18pm
Quoting Sang.Real
{quote} GU Closed all long Open Scalping short position. Hope this trade works out. Need Hammer now. {image}
Who knows, you may have just picked up trade of the week man.
Nice one

SS
  • #594,228
  • May 11, 2021 12:19pm May 11, 2021 12:19pm
Anyone notice this small gap at monday's open? I think we're going to fill that one very soon
Attached Image (click to enlarge)
Click to Enlarge Name: Captura de pantalla_2021-05-11_19-15-42.png Size: 22 KB
  • #594,229
  • May 11, 2021 12:19pm May 11, 2021 12:19pm
Quoting mtako
{quote} Well done mate ! Now. Wait just a tiny little longer Im serious

I have to closed al my long position.

Not used to trade long term.

If , holding it too long, I feel like to pee in my pants.

I'm just a scalper, in and out with quick tempo.

Maybe I will start to learn to hold trades a bit longer.

Need to start somewhere.

P/S Already open scalping short position. Hope I got luck in that next trade.
  • #594,230
  • May 11, 2021 12:20pm May 11, 2021 12:20pm
Quoting nAVIN2007
{quote} Hope the market is treating you well
Indeed bra !.
Fools Rushing
  • #594,231
  • May 11, 2021 12:21pm May 11, 2021 12:21pm
Quoting Sang.Real
{quote} I have to closed al my long position. Not used to trade long term. If , holding it too long, I feel like to pee in my pants. I'm just a scalper, in and out with quick tempo. Maybe I will start to learn to hold trades a bit longer. Need to start somewhere. P/S Already open scalping short position. Hope I got luck in that next trade.

Biggest laugh I have had all day !!!
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #594,232
  • May 11, 2021 12:21pm May 11, 2021 12:21pm
Quoting MTF Test
{quote} I agree. This is not the right time for a breakout. Hence the GBP buying power could be limited on NYC session. Let's see. ! Cheers !
True that.
With my limited experience, this is usually the time for the intended move for the day.

Let's give it time
  • #594,233
  • May 11, 2021 12:23pm May 11, 2021 12:23pm
Quoting windows1087
Is the hammer now starting?
Need to ask Moty's permission to use hammer.
  • #594,234
  • May 11, 2021 12:25pm May 11, 2021 12:25pm
Opened a short at 1.41734

My reasoning is that a lot of liquidity had built up above all the equal highs over the last couple of days and the short up move just now grabbed it. I think it's more likely to want to go down to the liquidity below the lows rather than go up.

The next area of resistance above it hasn't been touched since the end of February and so anyone with short positions from back then will most likely have closed out their positions rather than sit back and watch it go against them since the beginning of April, so I don't think there's much liquidity up there.

Closest money supply is down, not up.

Of course, I could be wrong
  • #594,235
  • May 11, 2021 12:27pm May 11, 2021 12:27pm
Quoting JayBag
{quote} Who knows, you may have just picked up trade of the week man. Nice one SS

Thanks J for your encouragement to Newbie.

If this trade works out, I will start stacking few more short order along the way.

And will try to keep few (on the top trades) for longer run.

Maybe to learn valuable lesson from there with your guidance.

Thanks again J

Keep posting to help newbie.

Sincerely

Sang Real
  • #594,236
  • May 11, 2021 12:30pm May 11, 2021 12:30pm
Quoting mysterio
{quote} I prefer just to get in and out very quickly on days like this. Precise entry then just bank the spike when you get it. If you're wrong about the direction then you can give up an entire day of gains.. Just personal preference. Of course saying that and doing it are two different things. Like a week or two ago there was this similar kind of situation where I was convinced it was gonna break up.. could have easily banked a couple of grand just TP'ing my scalps instead of hoping for the break up. Like, I think we're going to drop from here...

thank u buddy...
u speak my mind...

why im not waiting with larger SL
to moty my buddy.. thats not me man..
i just in and out manually..
Trade with prediction = witch with her visions lol
  • #594,237
  • May 11, 2021 12:30pm May 11, 2021 12:30pm
Quoting Sang.Real
{quote} Need to ask Moty's permission to use hammer.
An artist arises...

Attached Image

Excellent!
Regards from HK
  • #594,238
  • May 11, 2021 12:35pm May 11, 2021 12:35pm
Quoting Sang.Real
{quote} I have to closed al my long position. Not used to trade long term. If , holding it too long, I feel like to pee in my pants. I'm just a scalper, in and out with quick tempo. Maybe I will start to learn to hold trades a bit longer. Need to start somewhere. P/S Already open scalping short position. Hope I got luck in that next trade.

I have been trading for quite a while and feel what u are doing is the best way to trade. U do need to know where it is going, do not try and predict just go with it and this is something i can learn from u. As far as i am concerned you are the teacher and i am the student.

do not change anything bro, trust me. Trading is about looking at charts and seeing where price is going and having the ability to act quick without questioning, accepting it is not working to moving on. And you seem to have found a way to do this, your instincts are spot on!
  • #594,239
  • May 11, 2021 12:45pm May 11, 2021 12:45pm
Quoting Ihlas
Will short from 1.41600 Obvious target 1.40600 Not necessary to ride
Closed. Opened.
Doesn't want drop now. Sold again for 25 pips
  • #594,240
  • May 11, 2021 12:46pm May 11, 2021 12:46pm
Quoting dimitricss
{quote} thank u buddy... u speak my mind... why im not waiting with larger SL to moty my buddy.. thats not me man.. i just in and out manually..
I am completely agree..,

dolce vita
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