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Cable Update (GBPUSD)

  • #596,581
  • May 21, 2021 4:51am May 21, 2021 4:51am
getting low risk trade
Shorty @1.42165 SL 1.42400
wanna see magical friday today or magical SL XD
one more SL im out of today trade
max 2 times SL , no budge
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #596,582
  • May 21, 2021 4:57am May 21, 2021 4:57am
Long in at 1.4216 and 17 first target 14 pips run the rest
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2021-05-21 105428.png Size: 45 KB
Don't trade what you think. Just what you see!!!
  • #596,583
  • May 21, 2021 5:00am May 21, 2021 5:00am
Quoting Theoak
Long in at 1.4216 and 17 first target 14 pips run the rest {image}
even if it work, one of the worst trades i ever seen.
no offence
are you aware of the R?
  • #596,584
  • May 21, 2021 5:00am May 21, 2021 5:00am
Maybe an ending diagonal develops up to 1.425x.. in the fifth wave.
  • #596,585
  • May 21, 2021 5:04am May 21, 2021 5:04am
Quoting gatenio
{quote} even if it work, one of the worst trades i ever seen. no offence are you aware of the R?
LOL
Don't trade what you think. Just what you see!!!
  • #596,586
  • May 21, 2021 5:09am May 21, 2021 5:09am
Quoting Tekin
maybe 1.4210 1.4220 can give bears 50-60 pips only. just maybe. just watching
i give it only 30 pips risk only it will go somewhere up or down
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  • #596,587
  • May 21, 2021 5:12am May 21, 2021 5:12am
Quoting bigiivan
Buy at 1.4183.
Out + 36 pips.
  • #596,588
  • May 21, 2021 5:13am May 21, 2021 5:13am
Quoting Theoak
{quote} LOL
what so funny, why to risk entry right on the high of the week?
  • #596,589
  • May 21, 2021 5:17am May 21, 2021 5:17am
Quoting gatenio
{quote} what so funny, why to risk entry right on the high of the week?
The way you worded it. "The worst trade in recorded history"
Don't trade what you think. Just what you see!!!
  • #596,590
  • May 21, 2021 5:20am May 21, 2021 5:20am
Quoting Headland
...plenty of potential resistance overhead, 1st this prev 1hr/4hr sw hi zone to 4200, then the prev 1hr/4hr/minor dly sw hi zone to 4220, then the prev 4hr/dly/wkly /minor mthly sw hi zone to 4242, then the wider prev wkly/mthly sw hi zone to 4376. How strong are the bulls?
2nd potential upside obstacle cleared...into 3rd now. 4242 current yrly hi under threat now.

Price above Dly R1 and the 38.2% upside extension of y/day's dly candle...re ranges:
Attached Image
Trader with an Edge.
  • #596,591
  • May 21, 2021 5:21am May 21, 2021 5:21am
Quoting Theoak
Long in at 1.4216 and 17 first target 14 pips run the rest {image}
Target hit SL to BE run the rest has planned
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2021-05-21 112028.png Size: 34 KB
Don't trade what you think. Just what you see!!!
  • #596,592
  • May 21, 2021 5:23am May 21, 2021 5:23am
Quoting Theoak
{quote} Target hit SL to BE run the rest has planned {image}
May I ask you what you are aiming for?
  • #596,593
  • May 21, 2021 5:24am May 21, 2021 5:24am
Lol Friday, back to babypips
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  • #596,594
  • May 21, 2021 5:24am May 21, 2021 5:24am
Price will close below 1.42397 even it breaks it
yes yes yes
  • #596,595
  • Edited 9:02am May 21, 2021 5:24am | Edited 9:02am
My game plan is that
  • #596,596
  • May 21, 2021 5:28am May 21, 2021 5:28am
Quoting bigiivan
{quote} May I ask you what you are aiming for?
The First target was my target, but what I want is a runner. Stick the 2nd lot to BE and let it run and don't have no target...
Don't trade what you think. Just what you see!!!
  • #596,597
  • May 21, 2021 5:29am May 21, 2021 5:29am
GBPUSD - M5 showing 1.42365

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  • #596,598
  • May 21, 2021 5:31am May 21, 2021 5:31am
GU ! If price hold on Fibo Level 0.5 will make a Diuble Top indicating a sell from there (Monthly chart - if price Rejected from there)
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  • #596,599
  • May 21, 2021 5:31am May 21, 2021 5:31am
I haven't understood the rush to short this thing by some on a strongly trending day (double bottom etc1hr thrusty candles etc...) in a strong trend overall 1hr+....yes there is potential resistance but it is just that 'potential,' and in strongly trending days/momentum supp/res tends to get broken. In such conditions the highest probability counter trend plays are @ confluence and/or when price exceeds adr/awr/amr etc.. ranging conditions are different - supp/res plays are generally good all day long. This is not to say that price won't pullback or outright reverse - anything can happen....just the probabilities.
Trader with an Edge.
  • #596,600
  • May 21, 2021 5:31am May 21, 2021 5:31am
Quoting Theoak
{quote} The First target was my target, but what I want is a runner. Stick the 2nd lot to BE and let it run and don't have no target...
Wonderful! Thanks!

But sooner or later this mother fuc.er is going to crash. And don't forget today it is frYday!
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