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Cable Update (GBPUSD)

  • #598,141
  • May 28, 2021 2:42am May 28, 2021 2:42am
one hour since L.O , usually in the second hour will do the hattrick move , lemme see a while
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #598,142
  • May 28, 2021 2:46am May 28, 2021 2:46am
Quoting IBabyTrader
{quote} Is that you who was saying 1.36 this for a long time?
You may have to read my post late yesterday if you are chanced as regards why we haven't seen 1.36 just yet but will inevitably happen before August. It's a medium term bias.
Data + Stat + Risk/Emotions Management
  • #598,143
  • May 28, 2021 2:49am May 28, 2021 2:49am
Ingulfing bearish
It make its effect next candle
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yes yes yes
  • #598,144
  • May 28, 2021 2:50am May 28, 2021 2:50am
Quoting Georginson
{quote} 1.4060 or 1.4250 will happen today, meanwhile considering today's opening price, 1.4250 has 70% chance of happening today.
  • #598,145
  • May 28, 2021 2:50am May 28, 2021 2:50am
First target 14160 if that breaks then potentially 14120 which has been the main support area this week
Insane in the Brain..
  • #598,146
  • May 28, 2021 2:50am May 28, 2021 2:50am
Quoting Moty
Ingulfing bearish It make its effect next candle {image}
that strong gulpy strengh , ive no doubt to sell also , but with tight SL , i see a huge move like Sling shoot pull and shoot
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #598,147
  • May 28, 2021 2:55am May 28, 2021 2:55am
First station : 1.4207
Lost in Narrative
  • #598,148
  • May 28, 2021 2:55am May 28, 2021 2:55am
G/M, naughty cable - trapping sellers yesterday after that 1hr tweezer top in the morning and then a big run up to the prev 1hr/4hr sw hi zone to 4234 =prev res=pot res before real supply met @ 4218 hi. A 127pip range day lo-hi. That prev sw hi zone is of course coexistent with the prev dly/wkly/minor mthly prev sw hi zone to 4242 = prev res = pot rbs. Pretty much a sell-off in Asian session with early London buying from that prev 4hr sw hi zone -prev res=pot rbs / topside of that former descending t/line.

1hr/4hr below.
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Trader with an Edge.
  • #598,149
  • May 28, 2021 2:58am May 28, 2021 2:58am
1.41820 is not giving up for the BEARS....can anyone see that . Thats just impressive. Keep fighting BULLS
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Fools Rushing
  • #598,150
  • May 28, 2021 2:58am May 28, 2021 2:58am
Quoting Georginson
{quote} You may have to read my post late yesterday if you are chanced as regards why we haven't seen 1.36 just yet but will inevitably happen before August. It's a medium term bias.

Just do not explain anything to anybody. Now worth your time and energy. Especially, the buttons you press to text.
  • #598,151
  • May 28, 2021 3:00am May 28, 2021 3:00am
Quoting mysterio
{quote} I took this, will lock in at BE after 10 pips, target above the high. Quick scalp Edit- just grabbed my quick pips here- done my modest target and don't really want to be involved too much today. Good luck! {image} {image}
I did end up re-entering

It is quite a common pattern and it's worth noting that they always come back for the last low before popping, never just a clean bounce.. need to be careful with stops

Will try to hold for the main target this time, that or breakeven
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  • #598,152
  • May 28, 2021 3:02am May 28, 2021 3:02am
Gold mf ,i remember you from yesterday
Now i am long
Tp 1895
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yes yes yes
  • #598,153
  • May 28, 2021 3:03am May 28, 2021 3:03am
Quoting Headland
G/M, naughty cable - trapping sellers yesterday after that 1hr tweezer top in the morning and then a big run up to the prev 1hr/4hr sw hi zone to 4234 =prev res=pot res before real supply met @ 4218 hi. A 127pip range day lo-hi. That prev sw hi zone is of course coexistent with the prev dly/wkly/minor mthly prev sw hi zone to 4242 = prev res = pot rbs. Pretty much a sell-off in Asian session with early London buying from that prev 4hr sw hi zone -prev res=pot rbs / topside of that former descending t/line. 1hr/4hr below. {image} {image}
14170-14160 looks the place to crack.. currently GU cant seem to crack 14180 either seems to have become a level of support.
Insane in the Brain..
  • #598,154
  • May 28, 2021 3:06am May 28, 2021 3:06am
Y/day's gmt+3 Dly candle bullishly engulfed bodies of the previous 4 on that t/f.
--------------------------------
This pot supply zone to 4242 is proving quite a challenge to break thru for the bulls.
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Trader with an Edge.
  • #598,155
  • May 28, 2021 3:11am May 28, 2021 3:11am
Quoting Sang.Real
{quote} Hi. I think it is my newbie luck is predominant factor in trading, here. Ok, something to think off about luck. No system...and I mean no system...wins 100% of the time over the long-run...can you get a high win rate? believe me, as much as we don't want to tell ourselves this, a little luck always accompanies a system. Grant it, our systems can be sound and make profit, but everyone will tell you, there is a bit of luck involved when it comes to wins...not solely luck, you can't make a good system throwing darts...but factors have...
Sang,
Can u tell me how u calculate your stop loss? i saw your win/lose post which show that u killed all losing trades very fast - this is what i need to improve as im still more holding losing than winning trades.
thanks!
  • #598,156
  • May 28, 2021 3:11am May 28, 2021 3:11am
If 14210 cracks I will switch to long for a scalp to 14250
Insane in the Brain..
  • #598,157
  • May 28, 2021 3:12am May 28, 2021 3:12am
4170 mf
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #598,158
  • May 28, 2021 3:13am May 28, 2021 3:13am
Quoting BeeTogether
{quote} 14170-14160 looks the place to crack.. currently GU cant seem to crack 14180 either seems to have become a level of support.
Hi, not really seeing 4170-60 as important per my analysis at any rate, but yeh that prev 4hr sw hi zone acting as potential rbs stopped the fall (for now?) It's a bullish market overall and playing tricks on the bears eg: as mentioned in my post above re 1hr y/day London morning and on the daily with the sell-off from the 4211 LH on that t/f past the last 2 x HL's on it before the rise y/day to what will be a new H when formed...that t/f still in a general fractal uptrend.
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4hr still ranging with a current bullish bias.
Trader with an Edge.
  • #598,159
  • May 28, 2021 3:14am May 28, 2021 3:14am
All aboard.
  • #598,160
  • May 28, 2021 3:14am May 28, 2021 3:14am
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