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Cable Update (GBPUSD)

  • #595,101
  • May 14, 2021 7:48am May 14, 2021 7:48am
from 25 to 15 sailing smooth
Attached Images
Precise Execution!
  • #595,102
  • May 14, 2021 7:52am May 14, 2021 7:52am
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yes yes yes
  • #595,103
  • May 14, 2021 7:53am May 14, 2021 7:53am
Quoting IBabyTrader
{quote} Hello Pipa, Newbie question: how to did you get the image above?
Good question.I got the image from my desktop.

Quoting IBabyTrader
{quote} Trying to understand the money distribution.
The money distribution is to my pockets.
IBabyTrader I am just joking and am ready for the dance once more
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I'm The Real Deal Quant-XR ,The Financial Hacker
  • #595,104
  • May 14, 2021 7:55am May 14, 2021 7:55am
Quoting Moty
{image}
You wish, Mate
Precise Execution!
  • #595,105
  • May 14, 2021 7:55am May 14, 2021 7:55am
Quoting Moty
{image}
I think it will dump still also.. but i'm not seeing an entry apart from the supply area around 1.4095-1.4105. Last call for bears around there, for now. Happy to be out.
  • #595,106
  • May 14, 2021 7:58am May 14, 2021 7:58am
Quoting parshal
{quote} plan is still active.DXY can hit 89.9x area today. After the breakout of 1.4105, cable is gonna fly..lets see..so far good
Fundamentals does'nt favor DXY..so keeping with the original plan.
My observation may be wrong but intent correct. Stay calm!
  • #595,107
  • May 14, 2021 7:59am May 14, 2021 7:59am
...eyeing 4103-14 - prev 1hr/4hr swing lo x 2 zone = prev supp = pot sbr as a potential upside obstacle for the bulls (if tested,) with 61.8% of the total 4166-4005 drop in there @ 4105. 4hr below.
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Trader with an Edge.
  • #595,108
  • May 14, 2021 7:59am May 14, 2021 7:59am
This ain’t dropping like planned... US data didn’t help either First Target revised to daily pivot
Insane in the Brain..
  • #595,109
  • May 14, 2021 7:59am May 14, 2021 7:59am
some short scalp possible.

To me.
Intraday only.
  • #595,110
  • May 14, 2021 8:00am May 14, 2021 8:00am
Quoting Pipa1
{quote} Good question.I got the image from my desktop. {quote} The money distribution is to my pockets. IBabyTrader I am just joking and am ready for the dance once more{image}
You are being sarcastic, but I will take it with a beer
  • #595,111
  • May 14, 2021 8:07am May 14, 2021 8:07am
Quoting Georginson
Please are there FXTM users here? 30% of my equities have been taken off without trade closure or margin call... What's happening?
That's my broker bro but i don't use all those their promos
  • #595,112
  • May 14, 2021 8:12am May 14, 2021 8:12am
Quoting mysterio
{quote} I think it will dump still also.. but i'm not seeing an entry apart from the supply area around 1.4095-1.4105. Last call for bears around there, for now. Happy to be out.
I'll short this breakout if it breaks & retests. https://www.tradingview.com/x/J9XsBWMi/

Longs have been better than shorts this morning for sure. Last one
  • #595,113
  • May 14, 2021 8:23am May 14, 2021 8:23am
Quoting IBabyTrader
{quote} You are being sarcastic, but I will take it with a beer
My levels reflect what market wants the most(other people money).Wasn't making fun of you.I'm only enjoying the payday
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #595,114
  • May 14, 2021 8:25am May 14, 2021 8:25am
...should there be further upside on this or the next 1hr candle it could well meet the confluence of a descending 1hr/4hr t/line, Dly R1, 76.4% 4152-4005 and 50% upside extension of y/day's daily candle - all between 4113-17. Currently, clearly supply leading up to current dly hi (4096) = 61.8% 4152-4005 with 23.6% upside ext of y/day's dly candle.
Trader with an Edge.
  • #595,115
  • May 14, 2021 8:29am May 14, 2021 8:29am
Saying it again don't let you'r ego take risk your mind can's cash 30 more minutes for you to decide
Precise Execution!
  • #595,116
  • May 14, 2021 8:32am May 14, 2021 8:32am
Quoting mysterio
{quote} I'll short this breakout if it breaks & retests. https://www.tradingview.com/x/J9XsBWMi/ Longs have been better than shorts this morning for sure. Last one
Why didn't you short from top instead of waiting for the breakout? You could have made something you know. That's what i would do though. I'm in on short at 1.408 targeting 1.40 with a pending sel limit at 1.412
  • #595,117
  • May 14, 2021 8:32am May 14, 2021 8:32am
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Precise Execution!
  • #595,118
  • May 14, 2021 8:33am May 14, 2021 8:33am
Im stand aside right now...

Lurking
Trade with prediction = witch with her visions lol
  • #595,119
  • May 14, 2021 8:37am May 14, 2021 8:37am
Quoting Nd10
{quote} Why didn't you short from top instead of waiting for the breakout? You could have made something you know. That's what i would do though. I'm in on short at 1.408 targeting 1.40 with a pending sel limit at 1.412
Yea there are times I would do that. I probably made more pips when I'd just aggressively scalp up and down inside that wedge type structure. Now I prefer setups that I get in to be as 'guaranteed' as possible, IE high probability. I'd rather wait and be patient rather than have to overtrade and risk making emotional decisions. Also, I dont know for sure it wants to dump, it has been going up all session after all, so I will wait for confirmation before going against the h1 trend. That supply I marked out isn't a 'strong' zone for me either as it hasn't taken out an opposing zone or a TL (just my dumb rules). So it is just a question of trying to follow rules you've set for yourself over time rather than get into the habit of trading with your gut. Also, I made my (small) target for the day so anything else is just a bonus and will not give back pips at this time. If it spikes up more though, forget it i'm out.
  • #595,120
  • May 14, 2021 8:42am May 14, 2021 8:42am
...will the 4hr bullish hidden div result in an upside follow thru above 4166,? off that prev dly swing hi zone that has acted as rbs (Hi's @ 4017,4002,4005 and 4009.)

4hr below.
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