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Cable Update (GBPUSD)

  • #594,641
  • May 13, 2021 2:25am May 13, 2021 2:25am
Quoting Theoak
{quote} Join the trend club. I mean the trendy club!!!!

Hello The Oak,

I really wanted to learn how to swing trade and hold a bit longer.

But every time tried to do that, I got this felling and wanting to pee in my pants. ( seriously !!!)

This week , I want to try it, with two open short position above with positive stop in placed.

Hope my dream comes true and can hold my pee a bit longer.


Sang Real
  • #594,642
  • May 13, 2021 2:27am May 13, 2021 2:27am
Quoting IBabyTrader
{quote} Well done, My tp is at 1.39650. The pull backs and drops are making my heart run with them.
Which ever line the 4 hr crosses and holds I'm going with. Have one little runner, but not too confident with her. If the 4 hr breaks the lower line will add to it!!
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Don't trade what you think. Just what you see!!!
  • #594,643
  • May 13, 2021 2:29am May 13, 2021 2:29am
Quoting Moty
{quote} i will not block you , don't worry i don't block every one who don't agree with me or show me the right way to trade. you say your comment with consideration and in polite way . i accept your argument
Great Moty And great comment. But we usually dont know what price act after it act, so we just be confident in our decisions, if we hear too much from too many sides, we never trade. Just believe what you want
  • #594,644
  • May 13, 2021 2:31am May 13, 2021 2:31am
Quoting Sang.Real
{quote} GU Moved to Positive Stop for protecting position. Top two have separate stop level. Unfilled limit order as price didn't pullback/correction deep enough to SBR zone. May have to close some position as London could bring a deeper pullback. Watch price action in the making as this support is holding and rejecting well. {image}
Amazing work

Looking for selling opps
  • #594,645
  • May 13, 2021 2:32am May 13, 2021 2:32am
Quoting Sang.Real
{quote} Hello The Oak, I really wanted to learn how to swing trade and hold a bit longer. But every time tried to do that, I got this felling and wanting to pee in my pants. ( seriously !!!) This week , I want to try it, with two open short position above with positive stop in placed. Hope my dream comes true and can hold my pee a bit longer. Sang Real
The only problem is it ranges 70% of the time!!!!! For you peeing your pants you could use a nappy... Like I do!!!
Don't trade what you think. Just what you see!!!
  • #594,646
  • May 13, 2021 2:36am May 13, 2021 2:36am
Morning all! And Eid Mubarak to all who are celebrating. A good day for the bears yesterday. Although I do believe the bulls haven’t left the playing field just yet. Critical areas for a short rebound may lie in the psychological areas such as above daily pivot 1409 area . For the bears a decent fall below 14040 should provide some pips. Daily S1 is around 14024
Insane in the Brain..
  • #594,647
  • May 13, 2021 2:38am May 13, 2021 2:38am
Quoting Theoak
{quote} The only problem is it ranges 70% of the time!!!!! For you peeing your pants you could use a nappy... Like I do!!!

I must learn from my camel on how they can drink so much and doesn't pee for days.

A typical camel can drink 53 gallons in 3 minutes.

A less thirsty camel might drink 20-30 gallons in 10 minutes.

Can you imagine, how they can hold it ?
  • #594,648
  • May 13, 2021 2:41am May 13, 2021 2:41am
dxy, above 90.766 will lead to 91.1 need 1h above, 4h better.
  • #594,649
  • May 13, 2021 2:45am May 13, 2021 2:45am
Enough play play.. mr liu, show me your skill..
Peace Yo!
  • #594,650
  • May 13, 2021 2:46am May 13, 2021 2:46am
Quoting Sang.Real
{quote} I must learn from my camel on how they can drink so much and doesn't pee for days. A typical camel can drink 53 gallons in 3 minutes. A less thirsty camel might drink 20-30 gallons in 10 minutes. Can you imagine, how they can hold it ?
53 gallons!!!Your Ferrari does not drink that much juice. Its cheaper to run a Ferrari than a Camel. Especially the price of water at the moment!!!

How much is a gallon of petrol??
Don't trade what you think. Just what you see!!!
  • #594,651
  • May 13, 2021 2:52am May 13, 2021 2:52am
Quoting parshal
{quote} Bought 1.4049 TP 1.4205
you have take profit, do you have stop loss???
If you are new to Forex? Say Goodbye to your account!!
  • #594,652
  • May 13, 2021 2:53am May 13, 2021 2:53am
Quoting parshal
{quote} Bought 1.4049 TP 1.4205
Have caution, I don't think we'll be seeing those levels again for a long while
  • #594,653
  • May 13, 2021 2:55am May 13, 2021 2:55am
G/M, 85.4% of the 4014-4166 move @ the current dly lo, in the 4hr part of a prev 1hr/minor 4hr sw hi zone = prev res = potential rbs...some demand met here. 1hr is below. Those prev dly swing hi's @ 4017, 4005, 4002, then 4009 are below = prev res =pot rbs zone. Ie 4017 prev res zone held 3 times as res before the break to the upside. The pot rbs zone on this dly t/f likely extends to circa 3986. More U.s inflation data later re PPI.

1hr below.
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Trader with an Edge.
  • #594,654
  • May 13, 2021 2:58am May 13, 2021 2:58am
Quoting KiwiTrada
{quote} 7125 holding pa now 6961 17 not sure if anyone noticed or even trades GB100 but this trade is awesome :-)
this beauty just keeps getting better and better, todays gap down dropped her out of daily falling wedge, awesomeness :-)
If you are new to Forex? Say Goodbye to your account!!
  • #594,655
  • May 13, 2021 2:59am May 13, 2021 2:59am
Quoting mysterio
{quote} Have caution, I don't think we'll be seeing those levels again for a long while
Yeah thanks for the caution.
On the other way to look, that this might be the only chance in this quarter to that high before a big drop perhaps.
My observation may be wrong but intent correct. Stay calm!
  • #594,656
  • May 13, 2021 3:00am May 13, 2021 3:00am
Quoting Theoak
{quote} 53 gallons!!!Your Ferrari does not drink that much juice. Its cheaper to run a Ferrari than a Camel. Especially the price of water at the moment!!! How much is a gallon of petrol??

Price of petrol 95 octane is around Dh1.72 per liter.

Price of water is around Dh5.00 to Dh10.00 per 1.5 liter bottle.

Camel are expensive, but it's cultural and national treasure.

They are robust and you only can pass this road only by camel not by cars. (pic below).

Like Moty's saying : You Shell not pass"

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  • #594,657
  • May 13, 2021 3:01am May 13, 2021 3:01am
Quoting KiwiTrada
{quote} you have take profit, do you have stop loss???
I will close manually if it drops to lower of today i.e. 1.4035
My observation may be wrong but intent correct. Stay calm!
  • #594,658
  • May 13, 2021 3:03am May 13, 2021 3:03am
...there is a repeating pattern of hidden bullish div present on 4hr oscillators which may be valid even with a further drop but price has to stay well above 3858 to remain valid in any event. 4hr below.
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Trader with an Edge.
  • #594,659
  • May 13, 2021 3:04am May 13, 2021 3:04am
Quoting YumiYummy
{quote} Great Moty And great comment. But we usually dont know what price act after it act, so we just be confident in our decisions, if we hear too much from too many sides, we never trade. Just believe what you want
i know .
1.41000 in the making
crooks are playing
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yes yes yes
  • #594,660
  • May 13, 2021 3:05am May 13, 2021 3:05am
Quoting parshal
{quote} Yeah thanks for the caution. On the other way to look, that this might be the only chance in this quarter to that high before a big drop perhaps.
Ye could be, apologies I instantly regretted that post, I shouldn't be trying to influence anyones trades.. follow your plan.. good luck

Sitting on my hands for now, haven't seen anything I really like
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