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Cable Update (GBPUSD)

  • #595,601
  • May 17, 2021 6:26pm May 17, 2021 6:26pm
Quoting varun76
{quote} Mate, hope I'm not offending but the market don't give a shit as to what we believe 1.42 is a reality today or anytime soon. Cheers
I'm not offended but nothing is a sure thing. Some of my biggest losing trades were because I was so sure.
  • #595,602
  • May 17, 2021 6:37pm May 17, 2021 6:37pm
Quoting varun76
{quote} Mate, hope I'm not offending but the market don't give a shit as to what we believe 1.42 is a reality today or anytime soon. Cheers
break yesterday high im with bull again..
Peace Yo!
  • #595,604
  • May 17, 2021 7:26pm May 17, 2021 7:26pm
Nice short opportunity there at 4158...
Everyone can see the chart, but only a few can actually read it.
  • #595,605
  • Edited 8:28pm May 17, 2021 8:08pm | Edited 8:28pm
Quoting Sang.Real
{quote} GU Closed all long Open Scalping short position. Hope this trade works out. Need Hammer now. {image}
GU

for me, it is easier to scalp trade rather than swing. Some loss scalp, but more win scalp nett.

This swing trade not going well at the moment.

In between the swing, I made 25 scalping trades, in which gives more pips count...

I've already move the swing trades SL to -26 pips above the entry point.

Ready to scalp again today. I don't think am ready to SWING trade at this stage yet. ( as newbie need to learn a lot more)

I like to be transparent with trades posted in this thread.


Attached Image (click to enlarge)
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  • #595,606
  • Edited 8:34pm May 17, 2021 8:18pm | Edited 8:34pm
So far gu bull broke all my reversal point method..

last hope for bear 4170
Peace Yo!
  • #595,607
  • May 17, 2021 8:40pm May 17, 2021 8:40pm
Quoting Sang.Real
{quote} GU for me, it is easier to scalp trade rather than swing. Some loss scalp, but more win scalp nett. This swing trade not going well at the moment. In between the swing, I made 25 scalping trades, in which gives more pips count... I've already move the swing trades SL to -26 pips above the entry point. Ready to scalp again today. I don't think am ready to SWING trade at this stage yet. ( as newbie need to learn a lot more) I like to be transparent with trades posted in this thread. {image}
GU

Negative position on swing trades.

Approaching resistant and SL above.


Attached Image (click to enlarge)
Click to Enlarge Name: gu 128.jpg Size: 223 KB
  • #595,608
  • May 17, 2021 8:48pm May 17, 2021 8:48pm
Just woke up to update my SLs for my longer-term trades. Closest one now being at 4085.

Also want to wish you all a great trading tuesday !

Price is attacking 3-years highs levels.

We could see much stronger volatility in the coming days-weeks. Also important to keep in mind the daily momentum has been steadily strengthening for the last month. If this momentum is not broken apart soon enough, price could past through those highs in one go even before any decent correction.

May all of us find the strength to trade safe and by our rules.

... now back for another 4h sleep




Quoting mtako
{quote} New long term momentum based entry, buy stop 1.41422 Good night all, see you in EU session ! {quote} Looking good so far!
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #595,609
  • Edited 9:33pm May 17, 2021 8:49pm | Edited 9:33pm
Quoting Georginson
Sold at 1.4108, target 1.4008 stop at 1.4160
Stop hit... Stubborn sell again at 1.4173, target 1.4008, stop 1.4200

I will be surprised if we don't get 1.3750 this May.
Data + Stat + Risk/Emotions Management
  • #595,610
  • May 17, 2021 8:51pm May 17, 2021 8:51pm
Quoting Sang.Real
{quote} GU Negative position on swing trades. Approaching resistant and SL above. {image}
me holding the last day sell also , sl at the above res and above SL hunt area
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #595,611
  • May 17, 2021 9:06pm May 17, 2021 9:06pm
bought on volatility scalp 4171 TP 4210 SL 1.41660 NOW going to bed
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #595,612
  • May 17, 2021 9:10pm May 17, 2021 9:10pm
Quoting KiwiTrada
{quote} geppy on the cusp of possible dump :-) which should assist cable following just need dix to pump to confirm????
no confirmation :-( gold close to previous daily/weekly/ monthly highs 1875 25, worth an eyeball will try a short 1873, 1874 & 1875 stop above 1875 25, good hunting to me :-)
If you are new to Forex? Say Goodbye to your account!!
  • #595,613
  • Edited May 18, 2021 1:15am May 17, 2021 9:35pm | Edited May 18, 2021 1:15am
Short at my top selling area 4173 SL 4210
Attached Image (click to enlarge)
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Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #595,614
  • May 17, 2021 9:35pm May 17, 2021 9:35pm

  1. GBP/USD is on the warpath as the US dollar loses traction and support of yields.
  2. Bulls target the 1.42 area in a break on the daily resistance.

  • #595,615
  • May 17, 2021 9:59pm May 17, 2021 9:59pm
Quoting KiwiTrada
{quote} no confirmation :-( gold close to previous daily/weekly/ monthly highs 1875 25, worth an eyeball will try a short 1873, 1874 & 1875 stop above 1875 25, good hunting to me :-)
Daily geppy has poked her nose through the UTL of rising channel, if it gets punched back into channel, I will take as false BO and short her butt :-)
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYDaily 18 5 2021.png Size: 22 KB
If you are new to Forex? Say Goodbye to your account!!
  • #595,616
  • May 17, 2021 10:03pm May 17, 2021 10:03pm
Quoting KiwiTrada
{quote} Daily geppy has poked her nose through the UTL of rising channel, if it gets punched back into channel, I will take as false BO and short her butt :-) {image}
cable is similar not channel but levels, previous daily high 1 41803, in conjunction if she gets a sniff of 4180 I will sell her butt too :-) sl 17 pips
If you are new to Forex? Say Goodbye to your account!!
  • #595,617
  • May 17, 2021 10:09pm May 17, 2021 10:09pm
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 118 KB


"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #595,618
  • May 17, 2021 10:13pm May 17, 2021 10:13pm
Bull has a good support at 4165
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #595,619
  • May 17, 2021 10:18pm May 17, 2021 10:18pm
Quoting Waveskierrob
{quote} Think your fuse went out
Still waiting for the boom
Attached Image
Precise Execution!
  • #595,620
  • May 17, 2021 10:20pm May 17, 2021 10:20pm
Quoting Pretense
{quote} I'm not offended but nothing is a sure thing. Some of my biggest losing trades were because I was so sure.
Same that's why you have to eliminate the surety as well. Do what you see and that what makes you feel else no point. cheers
Precise Execution!
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