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Cable Update (GBPUSD)

  • #595,701
  • May 18, 2021 5:18am May 18, 2021 5:18am
Quoting mysterio
{quote} Based on current 1m/5m PA yes I agree it's getting ready to turn I believe. DXY in a potential reversal zone. Whats your TP?

Respected Sir the First TP is around 1.40666 but hands will be on the trigger for " BOE Gov Bailey Speaks "
  • #595,702
  • May 18, 2021 5:20am May 18, 2021 5:20am
... That 4242 hi is @ the base of the wkly part of the prev dly/wkly/mthly sw hi zone=prev res = pot res to 4376 from April 2018 so even an upside break of that could encounter supply layered to that hi if tested?
Trader with an Edge.
  • #595,703
  • May 18, 2021 5:34am May 18, 2021 5:34am
Quoting varun76
have closed 240 floating 180 {image} {image}
congratz!!
Peace Yo!
  • #595,704
  • May 18, 2021 5:34am May 18, 2021 5:34am
Quoting mtako
{quote} moved SL att BE new TP 4230 new setup on volatility buy stop 4195 SL 4179 {quote}
new setup on pullback within momentum, expiring in 30min :

Buy stop 42035, closed if it is under 4202 20m from entry time. Dynamic TP at .4137, dynamic SL .4182
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #595,705
  • May 18, 2021 5:36am May 18, 2021 5:36am
i really hope bulls will get 1.424/1.245 before any scalping short, what will satisfy their hunger probably
right now it seems all short are temporary, hit and run style.

lets see.. im sideline
  • #595,706
  • May 18, 2021 5:36am May 18, 2021 5:36am
GU

Could price to retest the RBS zone until NYO ?.

Scalping continues at touch of Upper TL

Any comment welcomes

Attached Image (click to enlarge)
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  • #595,707
  • May 18, 2021 5:51am May 18, 2021 5:51am
Quoting Sang.Real
GU Could price to retest the RBS zone until NYO ?. Scalping continues at touch of Upper TL Any comment welcomes {image}
Hi Sang, in my view, it is one of the least probable scenario to reach that level that fast. Would need some more time and greater volatility to get there because of the strength of bulls momentum, at the moment.

If you would have said 4180s, I would have said yes. Anything is possible though ! Cheers mate and happy trading !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #595,708
  • May 18, 2021 5:55am May 18, 2021 5:55am
Quoting Nordling00
{quote} Yep it will probably go up. I am long.
Tired of winning, i need more action
You have to have an IQ higher than 90 to interact with this user.
  • #595,709
  • May 18, 2021 6:04am May 18, 2021 6:04am
Quoting Nordling00
{quote} Tired of winning, i need more action
for how long have you been trading Forex?
  • #595,710
  • May 18, 2021 6:08am May 18, 2021 6:08am
Quoting gatenio
{quote} for how long have you been trading Forex?
Since late 2017, it's been 3 years +
You have to have an IQ higher than 90 to interact with this user.
  • #595,711
  • May 18, 2021 6:09am May 18, 2021 6:09am
Quoting Nordling00
{quote} Since late 2017, it's been 3 years +
A bit of a weird statement I must admit.
for someone who has been trading for 3 years
  • #595,712
  • May 18, 2021 6:13am May 18, 2021 6:13am
ok, new hour new bears.

this is what im looking for.

p.s, no rush with the selling. lot of air down.
Attached Image (click to enlarge)
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  • #595,713
  • May 18, 2021 6:15am May 18, 2021 6:15am
Quoting mtako
{quote} Hi Sang, in my view, it is one of the least probable scenario to reach that level that fast. Would need some more time and greater volatility to get there because of the strength of bulls momentum, at the moment. If you would have said 4180s, I would have said yes. Anything is possible though ! Cheers mate and happy trading !
Thanks mtako,

Appreciate your comment on my posting.

Need to learn more, as newbie it is a wonder to get assistant from experienced traders in this thread.

Keep up the good work.

Sang Real
  • #595,714
  • May 18, 2021 6:19am May 18, 2021 6:19am
Quoting gatenio
{quote} A bit of a weird statement I must admit. for someone who has been trading for 3 years
Hahaha, i am arrogant sometimes i accept that I don't mean any offense to anyone though, i wish luck for all the retail traders here. We all start by losing, i myself consistently lost money for first 2 years. So I am actually consistently making money from trading forex for a year now. Failure is essential to learning, and when you don't give up and start winning, it's okay to be proud
You have to have an IQ higher than 90 to interact with this user.
  • #595,715
  • May 18, 2021 6:29am May 18, 2021 6:29am
Quoting varun76
Just numbers, Matrix and preset manipulation. Try breaking it. its fun
Preset manipulation and it's perfectly aligned

Quoting Nordling00
{quote} Hahaha, i am arrogant sometimes i accept that I don't mean any offense to anyone though, i wish luck for all the retail traders here. We all start by losing, i myself consistently lost money for first 2 years. So I am actually consistently making money from trading forex for a year now. Failure is essential to learning, and when you don't give up and start winning, it's okay to be proud
Agreed
  • #595,716
  • May 18, 2021 6:31am May 18, 2021 6:31am
I'm sitting since 2 weeks on my cable i wanted to sell and bought on 1.39808
  • #595,717
  • May 18, 2021 6:34am May 18, 2021 6:34am
Volatility picking up again for the bulls. Curious to see if it can get us further still today. I wouldnt be surprised !
Attached Image
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #595,718
  • May 18, 2021 6:34am May 18, 2021 6:34am
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 53 KB
yes yes yes
  • #595,719
  • May 18, 2021 6:37am May 18, 2021 6:37am
Quoting mtako
Volatility picking up again for the bulls. Curious to see if it can get us further still today. I wouldnt be surprised ! {image}
There is bullish hidden div on 15/30min @ the current p/back lo. This might stay valid so long as price stays above 4163 on any deeper p/back.
Trader with an Edge.
  • #595,720
  • May 18, 2021 6:43am May 18, 2021 6:43am
Quoting Nordling00
{quote} Hahaha, i am arrogant sometimes i accept that I don't mean any offense to anyone though, i wish luck for all the retail traders here. We all start by losing, i myself consistently lost money for first 2 years. So I am actually consistently making money from trading forex for a year now. Failure is essential to learning, and when you don't give up and start winning, it's okay to be proud
The feeling of genius when we have winnings consistently spanning across different trades until the market decides to spank our asses. Lol
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
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