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Cable Update (GBPUSD)

  • #599,461
  • Jun 3, 2021 1:52am Jun 3, 2021 1:52am
... 50% of y/day's 4111-4183 pullback exceeded @ today's current lo, and as Sang pointed out it landed as 1hr below.
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Trader with an Edge.
  • #599,462
  • Jun 3, 2021 1:52am Jun 3, 2021 1:52am
Quoting palpite
{quote} I sold here - 1.4175 SL = 1.42
Trade closed - 1.41528
Together we can be strongest
Vantage Return This Month: -97.0%
  • #599,463
  • Jun 3, 2021 1:57am Jun 3, 2021 1:57am
Quoting MTF Test
Learning Purpose - Most of the time Patterns will prevail a profitable trade regardless of the time frame. Thats why if you follow the patterns in correct way, you will rewarded endlessly as per the good old investors. Pattern are generated/formed because of the human behavior. because we see the market in different aspect. Pro's can add this - {image}
Yes, yes... good addition. I'll have to keep an eye out for those small wins in the future.
"The fun is in the hunt. Not the kill."
  • #599,464
  • Jun 3, 2021 1:59am Jun 3, 2021 1:59am
...lovely 5min regular bullish div set-up there @ that support - 1min piercing pattern entry too, early entry = most risk but most pips too.
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Trader with an Edge.
  • #599,465
  • Jun 3, 2021 2:00am Jun 3, 2021 2:00am
I want sell again around 1.4170. Let's see.
Together we can be strongest
Vantage Return This Month: -97.0%
  • #599,466
  • Jun 3, 2021 2:02am Jun 3, 2021 2:02am
Quoting IBabyTrader
{quote} bro, impressed again. your TP was spot on. How do you calculate it so precise? please do not say, Newbie luck


OK. No excuse for newbie luck,,,,lol

Nothing fancy.

Just some basic S&R lines will do.

Here's the chart.


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  • #599,467
  • Jun 3, 2021 2:05am Jun 3, 2021 2:05am
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yes yes yes
  • #599,468
  • Jun 3, 2021 2:06am Jun 3, 2021 2:06am
Quoting Tekin
Sold gold here 3 pcs 2 is at 1880 one is open maybe 1856 {image}
Ok tedy bears u did well on gold closed shorts its much money for me
  • #599,469
  • Jun 3, 2021 2:08am Jun 3, 2021 2:08am
Quoting Tekin
{quote} ok closed longs at 1.4165 and add sell at 1.4175 ı dont know where will it be at market close i hope it will not pass 1.4239

come on cable why you are slow i am waiting you at 1.4087
  • #599,470
  • Jun 3, 2021 2:08am Jun 3, 2021 2:08am
GU

See some excited to get LONG.

For me , need to see good set up for the next scalping trade.

My scalping set up begin with Daily TF couple with H4.

Now, I don't see it yet. Let price come to you, not trying to chase them like Camel.

If you're already in long, prepare for drawdown.

Here's the chart.

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  • #599,471
  • Jun 3, 2021 2:13am Jun 3, 2021 2:13am
This is for traders who trade GU in Short time frames.

This is a finding by a fellow trader which happens to be real

Before 30-60 Minutes to London open. Price will retrace from it's current BIAS and it will resume after London open. This happens most of the day's.

You might wanna keep a tab. This can be extremely valuable for smaller TF scalpers.

Don't believe me. Check it out for your self.
Fools Rushing
  • #599,472
  • Jun 3, 2021 2:15am Jun 3, 2021 2:15am
I buy every 10 pips drop.TP 1.42050 +
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #599,473
  • Jun 3, 2021 2:20am Jun 3, 2021 2:20am
Quoting MTF Test
This is for traders who trade GU in Short time frames. This is a finding by a fellow trader which happens to be real Before 30-60 Minutes to London open. Price will retrace from it's current BIAS and it will resume after London open. This happens most of the day's. You might wanna keep a tab. This can be extremely valuable for smaller TF scalpers. Don't believe me. Check it out for your self.
I agree - this is one of the trades I take every day.
  • #599,474
  • Jun 3, 2021 2:21am Jun 3, 2021 2:21am
Quoting Pipa1
I buy every 10 pips drop.TP 1.42050 +
I guess i am with you on this for today !!!
Fools Rushing
  • #599,475
  • Jun 3, 2021 2:22am Jun 3, 2021 2:22am
Quoting Moty
{image}
At least 15 or 20 candles for wave.
Together we can be strongest
Vantage Return This Month: -97.0%
  • #599,476
  • Jun 3, 2021 2:22am Jun 3, 2021 2:22am
Quoting JillyB
{quote} I agree - this is one of the trades I take every day.
Thanks for confirming which might be helpful for the traders out there! It would also be great if you can explain how the trades and exits are placed. Only if time permits.

Cheers!
Fools Rushing
  • #599,477
  • Jun 3, 2021 2:30am Jun 3, 2021 2:30am
Quoting Pipa1
I buy every 10 pips drop.TP 1.42050 +

Great strategy, buy every dip.

  • #599,478
  • Jun 3, 2021 2:31am Jun 3, 2021 2:31am
Quoting DailyChart
Yesterday Daily support tested and respected and price managed and close above the range,we might see upside continuation moves or reverse back @London session later
Supported again by 4 Hours
Trying Long @1.4164 & Stop @1.4141
  • #599,479
  • Jun 3, 2021 2:37am Jun 3, 2021 2:37am
Quoting Kajos2250
{quote} Sell stops haven't been triggered, delete, not valid anymore, look for another signal!
GU D1 GMT+2

In terms of weekly and daily RSI divergence, let's bet for previously formed bearish engulfing.

sell stops
2x .41437
.41078

sl .4258

invalidating price close above ~4258

tp1 and BE .40502
tp2 .3964
tp3 .3832

rr > ~2

good luck!

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Anything is math!
  • #599,480
  • Jun 3, 2021 2:38am Jun 3, 2021 2:38am
Quoting Moty
{image}
I think we have this yet.

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Together we can be strongest
Vantage Return This Month: -97.0%
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