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Cable Update (GBPUSD)

  • #599,161
  • Jun 1, 2021 10:52pm Jun 1, 2021 10:52pm
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yes yes yes
  • #599,162
  • Jun 1, 2021 10:53pm Jun 1, 2021 10:53pm
Quoting Pipa1
{quote} What??? "to join that exclusive club the Ex-Forex factory Ex-Prophets Society" .... I maybe will join that club , but you will REMAIN in the 99.99% IDIOTS CLUB funding the brokers and the fat asses from Wall Street, with the motto one STOP LOSS at the time to keep the hope alive ...When GBP will trade above 1.42++ again ,you and the rest will look like a bunch of idiots who added to their shorts just below 1.41500 ...DUMB MONEY{image}
Rest man. If you have any dignity left in you, you had stayed low by now. The market humbled you yesterday. What happens to you being a man of your word?
  • #599,163
  • Jun 1, 2021 11:23pm Jun 1, 2021 11:23pm
Quoting KiwiTrada
{quote} yes it did, and your point is??? price achieving any level is not important, the reasons why are, eu has been ranging east for "11" days, your watching 1 minute chart go figure!!!
You are funnier than I thought. The point is same as why you asked me to reprint the chart. You said dollar was appreciating. Now what? LOL
Funny
  • #599,164
  • Jun 1, 2021 11:52pm Jun 1, 2021 11:52pm
heh.. why GU freeze at 1.41532??
even better than mama
  • #599,165
  • Jun 1, 2021 11:58pm Jun 1, 2021 11:58pm
Quoting Ihlas
{quote} You are funnier than I thought. The point is same as why you asked me to reprint the chart. You said dollar was appreciating. Now what? LOL Funny
I give up, welcome to muppet club :-)
If you are new to Forex? Say Goodbye to your account!!
  • #599,166
  • Jun 2, 2021 12:03am Jun 2, 2021 12:03am
Quoting KiwiTrada
aussie gdp in 5 minutes pa is tight in 4hr resistance, if negative she could dump, buy low sell high sl just above 7770 pa now 7766 cheap entry if correct could pay nicely, if not lose a few
took awhile, ahole asia pacific, sl to BE, dix was first to move, she is now @ super minor resistance of 15minute range
If you are new to Forex? Say Goodbye to your account!!
  • #599,167
  • Jun 2, 2021 12:15am Jun 2, 2021 12:15am
THe signed is here
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yes yes yes
  • #599,168
  • Jun 2, 2021 12:26am Jun 2, 2021 12:26am
Quoting KiwiTrada
{quote} I give up, welcome to muppet club :-)
Obviously nothing to say. Don't try hard to show maturity that you don't have. Last post
  • #599,169
  • Edited 12:43am Jun 2, 2021 12:28am | Edited 12:43am
Quoting MTF Test
My short term structure suggest buys till .41700ish and hoping the level may respect and continue the downward move till may be psych level of 1.41.. Who knows' lets follow the price. {image}
Update- Demo
Reason for trade - Execution - 1. Simple logic - Structure Making a LL's 2. Break and retest with bearish momentum candle 3. SL - Previous Highs
Exit - Previous respected major key level (Support) 1.41

Even if this trades ended up in a loss, I am happy. coz i have followed my plan.
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Fools Rushing
  • #599,170
  • Jun 2, 2021 12:29am Jun 2, 2021 12:29am
2 hidden bulls. Double bottom here, I guess.
Closed all my sell positions for now. Will re-enter, still targeting gap @ 1.398
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Air force
  • #599,171
  • Jun 2, 2021 12:33am Jun 2, 2021 12:33am
Quoting Pipa1
{quote} What??? "to join that exclusive club the Ex-Forex factory Ex-Prophets Society" .... I maybe will join that club , but you will REMAIN in the 99.99% IDIOTS CLUB funding the brokers and the fat asses from Wall Street, with the motto one STOP LOSS at the time to keep the hope alive ...When GBP will trade above 1.42++ again ,you and the rest will look like a bunch of idiots who added to their shorts just below 1.41500 ...DUMB MONEY{image}
You're really embarrassing yourself now, yes i'm in the idiots club also dumb money all my trades are losers yes blow accounts every day and i admit I fund my fat cat broker, do us and yourself some good by posting your predictions and maybe why, then let your predictions speak for themselves, trust me you will gain more respect, happy trading
  • #599,172
  • Jun 2, 2021 12:34am Jun 2, 2021 12:34am
Quoting Moty
THe signed is here {image}
Good to see you back with your trading edge ! Good man

Cheers !
Fools Rushing
  • #599,173
  • Jun 2, 2021 12:39am Jun 2, 2021 12:39am
Hello All, I am a Newbie trader, just joined here in FF less than a week ago and I have learned a lot during this week, maybe more than my 3 months with youtube. Looking forward to more green pips with you guys in the future. keep safe everyone.
  • #599,174
  • Jun 2, 2021 12:43am Jun 2, 2021 12:43am
I`m netral here .
as i believe my trade plan for a weekly or daily .
if can post your idea in a chart , lets chart speak. less talk and share thought on charting
because we spoken about Trade Plan not a Prediction of gambling

if it gambler just know uppp or down
if it trader it will know the flow time when must enter when must exit
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #599,175
  • Jun 2, 2021 12:44am Jun 2, 2021 12:44am
Quoting Moty
THe signed is here {image}
Sorry I'm new here, so this may come off dumb but in your MACD why's your Fast EMA, slow EMA and MACD EMA values at 20,50,1 instead of the default 12,26,9??. Thank you.
  • #599,176
  • Jun 2, 2021 12:57am Jun 2, 2021 12:57am
Quoting Pipa1
{quote} NU, AU trailing GU...is what i needed to hit 1.42050...thx Aussie
arrgh Kiwi Aussie been ranging east since December last year, hence the aussie range trade today, cable has not been ranging east she is trending North since april last year, Cable daily I have rising channel, right now shes smack in the middle, so down in 1 & 4hr charts which has reasonable range 18th may again shes smack in the middle, hence the present ping pong, I have no desire to trade middle of any range, I am in short1 2227 & 1 2217 which is top of range, (standard range trade) both now stress free, I would prefer your 4205 doesnt happen and check gets her 2nd spank tonight (light data) but "nfp as always will be focus for big move"

I use au nu dix cad swissy to determine usd status and gj uj for stirling and yen and thanks to you also "EG"
If you are new to Forex? Say Goodbye to your account!!
  • #599,177
  • Jun 2, 2021 1:06am Jun 2, 2021 1:06am
If gold breaks the tl then this month we can start to talk about 1856. But it will not so quickly i think this month is down divergence


and unfortunatelly for my cable longs i start to loose hopes for today if it go below 1.4140 then as i said day before yesterday 1.4087 is new target lets see
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  • #599,178
  • Jun 2, 2021 1:06am Jun 2, 2021 1:06am
Hello All,

Looking at GU esp weekly, I do not see any longer term bearish bias at the moment. It is a crucial monthly turning point meaning taking trades on either side is relatively higher risk but likewise potentially higher expected return.

Took a buy yday at 4170. Did not exit higher as return wasnt good enough instead took SL below at end of day.

I am keeping an eye on two potential swing points but will not place pending orders due to price being in a volatile congested area thus far. Will wait for some reactions to decide.

News is relatively flat, so expecting PA to perform today.
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  • #599,179
  • Jun 2, 2021 1:11am Jun 2, 2021 1:11am
Y's low is Broken
Down down and below
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yes yes yes
  • #599,180
  • Jun 2, 2021 1:13am Jun 2, 2021 1:13am
Quoting Moty
THe signed is here {image}
Moty, you pointed a divergence on your picture. Why you sold?
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