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Cable Update (GBPUSD)

  • #594,761
  • May 13, 2021 6:42am May 13, 2021 6:42am
Quoting Sang.Real
{quote} GU Stopped Out 2nd loss trade today, Wait for NYO for set up. Reason : Trying to counter trade on shallow pullback Trying to capture falling knives at weak support Not strong long set up for counter trade. {image}

GU

Waiting for set up at NYO

Maybe it is short set up SBR level / continuation to next SNR level.

Waiting.............

Attached Image (click to enlarge)
Click to Enlarge Name: GU 112.jpg Size: 245 KB
  • #594,762
  • May 13, 2021 6:49am May 13, 2021 6:49am
I prefer holding short than holding long..


I dont know
. Just my eyes maybe...

Now im waiting..
Trade with prediction = witch with her visions lol
  • #594,763
  • May 13, 2021 6:53am May 13, 2021 6:53am
The dollar is still strong.
Sellers 55%
Buyers 45%
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (29).png Size: 39 KB
  • #594,764
  • May 13, 2021 7:03am May 13, 2021 7:03am
goldi , same pattern like gu
Attached Image (click to enlarge)
Click to Enlarge Name: gold.png Size: 34 KB
yes yes yes
  • #594,765
  • May 13, 2021 7:09am May 13, 2021 7:09am
Quoting Sang.Real
{quote} GU Waiting for set up at NYO Maybe it is short set up SBR level / continuation to next SNR level. Waiting............. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: 6e7da8b318e04e6f5ea746823914cfcf.png Size: 10 KB
  • #594,766
  • May 13, 2021 7:11am May 13, 2021 7:11am
Quoting HumbleLearne
{quote} You must be a magician Sir without any indicators you just have buy and sell orders running all the time thats tremondous achivement
Haha not a magician, remember its only a 50/50 game plus don't take my word for it I could be the biggest bullshiter ever, just try everything out for yourself
  • #594,767
  • May 13, 2021 7:14am May 13, 2021 7:14am
Quoting Lupin.III
The dollar is still strong. Sellers 55% Buyers 45% {image}

Hi Lupin III

Thanks for sharing the table of cumulative numbers of Seller/Buyer. This numbers represent trade taken by participant.

Anyway, if you're referring to STRENGTH of currency, you need to look at this table.

Here it goes. The link below

Attached Image (click to enlarge)
Click to Enlarge Name: Currency strength.jpg Size: 63 KB


The link : Forex (finviz.com)
  • #594,768
  • May 13, 2021 7:15am May 13, 2021 7:15am
Bulls need to clear 14050 and stay there.. bears are still
in favour I think. Would love to enter a short at 14090 not sure if we will get there though
Insane in the Brain..
  • #594,769
  • May 13, 2021 7:16am May 13, 2021 7:16am
Good day all. Longterm Uptrend Correction probably almost over, in my book. Unless we are reversing of course, but need movement below .399 to confirm that.

After so many buy stops not even getting triggered and a few trades stopped at BE, maybe I can finally get one! 1.40410.
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #594,770
  • May 13, 2021 7:19am May 13, 2021 7:19am
Quoting gatenio
{quote} {image}

Wowwww.

That is for advance traders only.

I still have to wait for confirmation, as newbie need confirmation to trade properly.

Anyway, I like it, hope it work out.

Keep posting to encourage newbie to understand GU further.


Sang Real
  • #594,771
  • May 13, 2021 7:25am May 13, 2021 7:25am
Quoting Sang.Real
{quote} Wowwww. That is for advance traders only. I still have to wait for confirmation, as newbie need confirmation to trade properly. Anyway, I like it, hope it work out. Keep posting to encourage newbie to understand GU further. Sang Real
newbie my ass

this is not a good trade, hourly above my short, danger.
if it good. 125 pips to my newbie jeans pocket.
  • #594,772
  • Edited 7:49am May 13, 2021 7:34am | Edited 7:49am
Not a given for longs but we wait 4H for break retest of the last lower high swing ( the lines are not exact, just a guide as to the expected pattern)


Attached Image (click to enlarge)
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Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 40 KB
Follow The Markets Structure - Patience and Discipline
  • #594,773
  • May 13, 2021 7:37am May 13, 2021 7:37am
Attached Image (click to enlarge)
Click to Enlarge Name: gold.png Size: 79 KB
yes yes yes
  • #594,774
  • May 13, 2021 7:41am May 13, 2021 7:41am
Quoting Sang.Real
{quote} Hi Lupin III Thanks for sharing the table of cumulative numbers of Seller/Buyer. This numbers represent trade taken by participant. Anyway, if you're referring to STRENGTH of currency, you need to look at this table. Here it goes. The link below {image} The link : Forex (finviz.com)
Hello my friend
I am happy to work with you in the forum
Thanks for the excellent guidance
I always use my friends' tips

I'm sorry about my poor English
  • #594,775
  • May 13, 2021 7:46am May 13, 2021 7:46am
Quoting Nd10
{quote} Story of our Naija. Hope your trades d OK she. Which area u d for Naija
I dey Uyo, Akwa Ibom state, i know you de Lagos, Lol
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #594,776
  • May 13, 2021 7:47am May 13, 2021 7:47am
Quoting Ihlas
{quote} Not it's going to. Will close buy there. And will sell it.
Activated
  • #594,777
  • May 13, 2021 7:48am May 13, 2021 7:48am
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 40 KB
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 39 KB
yes yes yes
  • #594,778
  • May 13, 2021 7:49am May 13, 2021 7:49am
Quoting Sang.Real
{quote} GU Waiting for set up at NYO Maybe it is short set up SBR level / continuation to next SNR level. Waiting............. {image}

GU

Short entry at touch of SBR zone


Attached Image (click to enlarge)
Click to Enlarge Name: GU 114.jpg Size: 221 KB
  • #594,779
  • May 13, 2021 7:50am May 13, 2021 7:50am
short on
Trade with prediction = witch with her visions lol
  • #594,780
  • May 13, 2021 7:52am May 13, 2021 7:52am
Quoting Sang.Real
{quote} Hi Moty, you have a great skill predicting the price swing. Unfortunately, you entry is always ahead of the actual moves. Let the price complete the step before coming in. In this case, you only enter after price touch the "kink" (RBR) and candle has shown its hand rejecting the zones. (confirmation) In this way, you will lower your entry risk and your floating or stop loss would be minimal. That's my newbie view on your trade execution process, {image} P/S don't block me after writing something not to your liking, Thanks
this is not correct IMO.

The 4hr support level is broken, it may continue to fall or elese in can form next hourly high to go low because 4hr support is broken.

This is how, I consider.

The reversal, I look for daily, 4hr and hourly high + reversal hourly go low signal.
Intraday only.
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