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Cable Update (GBPUSD)

  • #599,661
  • Jun 3, 2021 8:54am Jun 3, 2021 8:54am
Even if seems impossible it's going back to the top and will trade again above 1.42 IN THIS SESSION...I warned you.I am long.
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #599,662
  • Jun 3, 2021 8:55am Jun 3, 2021 8:55am
Quoting KiwiTrada
{quote} nope, nothing more than tapping lower tl of rising channel 4hr and bounce, watch out if she eventually breaks throughcopper silver and gold are dumping, so be careful:-) buying anything more than the bounce
going up RIGHT NOW...
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #599,663
  • Jun 3, 2021 8:56am Jun 3, 2021 8:56am
Quoting Wavegarrick
{quote} Anyway, folks, I think it is only a matter of time now for the market to show its hand. I remain short with rinse and repeats and selling as high as possible with lock-in trades as soon as possible. Nothing has changed for me and I don't like to buy at these levels unless scalping. Have a great week, Cheers. {image}
Hi Guys,
Most of you will know that I have been short for some time now. Today has presented an ideal opportunity to seek more shorts. It does not come without headaches as I had a number of trades taken out for small profits. Nevertheless, rinse and repeat remains the order of the day for me.
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From a daily perspective, it looks like bears are gaining ascendancy and I would love to see a daily close below 1.4100. Tomorrow is NFP and could be another headache.
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Trade safe,
Cheers.
Trade to trade another day
  • #599,664
  • Jun 3, 2021 8:57am Jun 3, 2021 8:57am
Quoting ruben247
{quote} You are legend. thank you maestro, i followed this trade will close here too. God bless you for life
As much as you may mean well, I am not sure I am ready to accept this legend title . It'll take just one bad trade and you'll call me the opposite real quick. I am sorry but I have experienced this a lot of times. I am glad you getting some and sticking with me even when things look blurry. I appreciate that.

You letting me know you joined the trades is enough bro.
Keep well and be kind.
  • #599,665
  • Jun 3, 2021 8:58am Jun 3, 2021 8:58am
Quoting Pipa1
Even if seems impossible it's going back to the top and will trade again above 1.42 IN THIS SESSION...I warned you.I am long.
Time constraint is a bitch...
Air force
  • #599,666
  • Jun 3, 2021 9:03am Jun 3, 2021 9:03am
Rocket living the base...everybody get onboard.
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #599,667
  • Jun 3, 2021 9:06am Jun 3, 2021 9:06am
Quoting Pipa1
Rocket living the base...everybody get onboard.
Can you please explain, why?
  • #599,668
  • Jun 3, 2021 9:08am Jun 3, 2021 9:08am
Quoting JayBag
{quote} Made some drawings. This instrument is a cash cow yerrrrr.. You can make a lot from the smallest lot size. I think it's GOLD;s older bro {image}
this is my first time seeing ustec
  • #599,669
  • Jun 3, 2021 9:08am Jun 3, 2021 9:08am
Quoting Pipa1
Rocket living the base...everybody get onboard.
I am afraid my #TimeLessFx gang, this is one flight I am not willing to join you in. I have a bone to pick with 1.39 and below.
Take care tho
  • #599,670
  • Jun 3, 2021 9:09am Jun 3, 2021 9:09am
Quoting Pipa1
Rocket living the base...everybody get onboard.
Just like this ... Trade this impossible setup or go back to sleep.
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #599,671
  • Jun 3, 2021 9:10am Jun 3, 2021 9:10am
1.41 will hold for now. There is only one direction now.
We cut the winners short and let the losers run.
  • #599,672
  • Jun 3, 2021 9:10am Jun 3, 2021 9:10am
Quoting Pipa1
Rocket living the base...everybody get onboard.
i am in
Attached Image (click to enlarge)
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yes yes yes
  • #599,673
  • Jun 3, 2021 9:13am Jun 3, 2021 9:13am
Quoting Pretense
{quote} this is my first time seeing ustec
It's called Nasdaq 100 Index in most brokers. My broker just decided to be creative. It's the same thing really.
  • #599,674
  • Jun 3, 2021 9:13am Jun 3, 2021 9:13am
Quoting MTF Test
{quote} 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!
Hi MTF,
I take trades at the open of the UK and US markets and at the close of the UK market and you are right at looking at the bias before the markets open. Other than that, I'm afraid I don't really want to go into more detail. I've spent many, many hours looking at this, testing it, live-trading it and tweaking it until I have a system that I am happy with. It's not something I really just want to share after I've put in a lot of hard work to get it there.

I hope you understand.
  • #599,675
  • Jun 3, 2021 9:14am Jun 3, 2021 9:14am
Took the long just below 14120 so far a bloody good day. Last trade of the day for me I think. Will TP at 14190 ish again will implement the manual control mechanism
Insane in the Brain..
  • #599,676
  • Jun 3, 2021 9:18am Jun 3, 2021 9:18am
Quoting Nordling00
{quote} Yes there's also that and i am sure it will create some volatility. But there's three scenarios about upcoming NFP: 1. If NFP data comes lower than expected, then GU will rise, but faster. 2. If NFP data comes around the consensus number, GU will rise, but in a normal speed. 3. If NFP data comes higher than expected, GU will probably make a pullback, giving some time to buy and rise again. That rise can continue if US Inflation data comes higher than expected (10th of June) So we have roughly 75% chance to see GU going up.
What happened today was one of my expected scenarios. As you can see in this quote. I have added some buys while it's down today. It will go up, no worries. You can add buys when it's so cheap
You have to have an IQ higher than 90 to interact with this user.
  • #599,677
  • Jun 3, 2021 9:18am Jun 3, 2021 9:18am
Quoting Moty
{quote} i am in {image}
SELLOFF Friday session above 1.42...bulls will try again the high of the range and will sell ...GBPUSD WILL NOT DIVE UNTIL NEXT WEEK ON THE OPEN OF THE FOREX MARKET...HAVE TO TRADE FOR A WHILE ABOVE 1.42 AT LOW SPREAD ,TODAY WAS A HIT AND RUN.
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #599,678
  • Jun 3, 2021 9:18am Jun 3, 2021 9:18am
For me No sign of LoNGs Up till Now. Smaller TF Scalper.
Fools Rushing
  • #599,679
  • Jun 3, 2021 9:20am Jun 3, 2021 9:20am
Quoting JayBag
{quote} It's called Nasdaq 100 Index in most brokers. My broker just decided to be creative. It's the same thing really.
found it, called USA 100 in mine. Not going to trade it today but something to look into. I've traded many pairs in my life. started off NZD/USD AUD/USD, switched to USD/JPY back when interest rate carry trade was a thing. Eur/usd for awhile. Found GBP/JPY a little too volatile and have been here for a bit.
  • #599,680
  • Jun 3, 2021 9:23am Jun 3, 2021 9:23am
Attached Image (click to enlarge)
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yes yes yes
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