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Cable Update (GBPUSD)

  • #598,401
  • May 28, 2021 10:07am May 28, 2021 10:07am
...this is proper range/consolidation on the 4hr isn't it? Arguably presently with an upside bias,? if anything, and if only because price is above the midpoint of the range, and after a false b/o to the downside of the then range on Thursday.

4hr below.
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Trader with an Edge.
  • #598,402
  • May 28, 2021 10:09am May 28, 2021 10:09am
Quoting Sang.Real
{quote} This was a lucky trade by my cat stepping onto my key board. ( should buy more cats) But as good as a trade prospect might look, nothing is ever 'a sure thing.' There's always going to be some level of uncertainty. If you want to be the 1%, Don't expect your efforts will be understood by the 99%. Stop Loss ? YES I put stop loss, not because I'm gambler, it's because I'm wise. {image}
Your getting your trades from 30M and I am getting the same from 1M TF. Fantastic Sang.

Cheers !
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Fools Rushing
  • #598,403
  • May 28, 2021 10:14am May 28, 2021 10:14am

  1. The GBPUSD pair is only bullish while trading above the 1.4160 level, key resistance is found at the 1.4235 and the 1.4370 levels.
  2. If the GBPUSD pair trades below the 1.4160, sellers may test the 1.4100 and 1.3960 support levels.

  • #598,404
  • May 28, 2021 10:16am May 28, 2021 10:16am
Quoting FKhan
{quote} I know you feel like you have a wise ass energy going on but my friend that statement makes 0 sense.. who tf says shit like this
You should read what he said about traders putting stop loss ?

I'm not addressing it to you. No , Not you

Go and find out who.

I'm newbie ,need to protect my capital. I think putting stop loss is wise things to do.

If that person don't use Stop Loss is okey, but don't talk bad on people using SL.
  • #598,405
  • May 28, 2021 10:19am May 28, 2021 10:19am
Quoting MTF Test
{quote} Your getting your trades from 30M and I am getting the same from 1M TF. Fantastic Sang. Cheers ! {image}

This particular set up came from Daily Chart couple with H4.

That's where I saw the Long set up.

M30 is just for a better price entry.

I cannot go below M30, or I will get dizzy looking at very fast chart.

Take care and trade well.
  • #598,406
  • Edited May 29, 2021 7:01am May 28, 2021 10:21am | Edited May 29, 2021 7:01am
Market made a down correction move on both GU and EU. It was a nice week for buyers, weekend will be even nicer Have a good weekend guys!
You have to have an IQ higher than 90 to interact with this user.
  • #598,407
  • May 28, 2021 10:21am May 28, 2021 10:21am
Nordling and Pipa
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  • #598,408
  • May 28, 2021 10:23am May 28, 2021 10:23am
Quoting Nordling00
{quote} Well buddy, i have lot of reasons to buy GU. Fundamental wise, idk about the technical way.

Ehmmmm..


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  • #598,409
  • May 28, 2021 10:27am May 28, 2021 10:27am
GU back to 1.4210.....
  • #598,410
  • May 28, 2021 10:28am May 28, 2021 10:28am
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  • #598,411
  • May 28, 2021 10:32am May 28, 2021 10:32am
Quoting Ihlas
{quote} Well done MTAKO. Good luck
Thanks mate ! Next will be another 4H pullback trade if we close over 4200. Finally finished managing my trades that needed more to-the-minute care, you know where! Now chilling with a lasagna !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #598,412
  • May 28, 2021 10:33am May 28, 2021 10:33am
...the bears keep trying to 'steer the ship' but the bulls keep coming right back!
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Trader with an Edge.
  • #598,413
  • May 28, 2021 10:34am May 28, 2021 10:34am
wtf..
  • #598,414
  • May 28, 2021 10:35am May 28, 2021 10:35am
Seriouslly .. I luv how this ranging play for 6-7 days
  • #598,415
  • May 28, 2021 10:36am May 28, 2021 10:36am
Quoting mtako
{quote} Thanks mate ! Next will be another 4H pullback trade if we close over 4200. Finally finished managing my trades that needed more to-the-minute care, you know where! Now chilling with a lasagna !
Good appetite
  • #598,416
  • May 28, 2021 10:36am May 28, 2021 10:36am
Quoting Headland
...the bears keep trying to 'steer the ship' but the bulls keep coming right back! {image}

Ha ha ha

hilarious.

I like the previous one... lol

Well I always enjoy your post in this thread, either it's chart, words or some cartoon.

Thanks for making this thread alive and very well informative for newbie to learn.

Best Regards

Sang Real
  • #598,417
  • May 28, 2021 10:44am May 28, 2021 10:44am
Anyway, folks,
Been reading all the comments here today, there is no right or wrong in forex and I see a lot of pissing contests going on In this forex abyss we have range traders, scalpers, trend traders, medium term to long term traders all right here on this forum. I have seen very good scalpers like Sang Real lose the plot when it comes to trendy conditions but excel when it comes to rangy conditions. I have been on forums and chatrooms for many years and have seen it all unfold. I take my hat off to Sang for keeping it up. The market is more powerful than all of us and we need to adapt when changes come. We all have our highs or lows in forex but the most important thing is that we stay humble and respect each other.
Salute.
Cheers.
Trade to trade another day
  • #598,418
  • May 28, 2021 10:47am May 28, 2021 10:47am
Quoting Wavegarrick
Anyway, folks, Been reading all the comments here today, there is no right or wrong in forex and I see a lot of pissing contests going on In this forex abyss we have range traders, scalpers, trend traders, medium term to long term traders all right here on this forum. I have seen very good scalpers like Sang real lose the plot when it comes to trendy conditions but excel when it comes to rangy conditions. I have been on forums and chatrooms for many years and have seen it all unfold. I take my hat off to Sang for keeping it up. The market is...
Don't forget "emotional traders"
  • #598,419
  • May 28, 2021 10:50am May 28, 2021 10:50am
To compete is good thing, but main thing is to learn while competing. No development without competition. Either with yourself or somebody else. Nothing to laugh.
_________________________________________
This is a bottle cap
  • #598,420
  • May 28, 2021 10:50am May 28, 2021 10:50am
Quoting Waveskierrob
today candle probability of closing bear ......happening

Not looking too good brother, got few more hours to go.

I hope it goes down by few pips on opening price.

At least you're right on the prediction......

Take care.

P/S you've already done at the pub, or you're still in ?.
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