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Cable Update (GBPUSD)

  • #602,501
  • Jun 15, 2021 8:48am Jun 15, 2021 8:48am
Testing sell, TP open, SL to BE asap

Will exit if the supply doesnt hold

If it's a true breakout then target might be 1.40 so RR very good

Still sitting on a 1xR loss for the day

Price just tapped out the last high hopefully now drops

EDIT- very quickly taken out BE. Not so sure on this one. Not going to chase it, swallow the loss for the day and come back tomorrow
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  • #602,502
  • Jun 15, 2021 8:48am Jun 15, 2021 8:48am
Quoting Yngwie
Long 4040
closed 40 pips
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #602,503
  • Jun 15, 2021 8:48am Jun 15, 2021 8:48am
Quoting Kimoo
{quote} Limit hit,last minute modify Sl to 1.4030.
Tp number approach
  • #602,504
  • Jun 15, 2021 8:49am Jun 15, 2021 8:49am
Quoting JayBag
Adding more batch of sells here at 1.40869 (market price) Be kind gang
with you maestro
  • #602,505
  • Jun 15, 2021 8:51am Jun 15, 2021 8:51am
Quoting Nordling00
{quote} I want to add to my buys so bad but i will wait patiently until the announcement. This down move feels fake but no need to over-leverage my positions
Yep, it was fake. I am not feeling guilty about not adding to my positions though
You have to have an IQ higher than 90 to interact with this user.
  • #602,506
  • Jun 15, 2021 8:51am Jun 15, 2021 8:51am
Quoting ServerUang
Sell 1.4082 TP 1.4012 SL 1.4102 Wish me Luck...
GU has taken enough fuel for the up move. Suggest IMHO 1.4050 for your TP. 1.4227 is still on the table.

Rgds
  • #602,507
  • Jun 15, 2021 8:59am Jun 15, 2021 8:59am
Quoting Nordling00
{quote} Yep, it was fake. I am not feeling guilty about not adding to my positions though
Why do you say that, too early to tell. I would expect it to take out the high from the impulse down first
  • #602,508
  • Jun 15, 2021 8:59am Jun 15, 2021 8:59am
don't fall in the bulls trap
the drop is coming
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yes yes yes
  • #602,509
  • Jun 15, 2021 9:02am Jun 15, 2021 9:02am
I must be pissing off one die-hard bull on here for them to be disliking any post I make about BEARS .. Whoever that is, I am sorry but I will only piss you off a whole lot more with my bear posts. Get some painkillers

I do not control the market, I am just a mere participant with ideas/opinions different from yours.

Hope you get peace of mind soon
  • #602,510
  • Jun 15, 2021 9:05am Jun 15, 2021 9:05am
Quoting Pat Chiko
{quote} GU Ready to close Price approaching flip zone again. May break below again. P/S Price rejected H4 SNR zone and Daily TF important zone. I think mysterio knows why price have strong rejection at this zone. {image}

GU


Price retest flip zone, and H4 SBR zone (blue)

Wait for rejection or continuation .. Wait for P.A.

P/s previous H4 formed PIN Bar. Daily is forming PIN bar too.

Great day for scalping

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #602,511
  • Jun 15, 2021 9:05am Jun 15, 2021 9:05am
Simple clue
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Fools Rushing
  • #602,512
  • Jun 15, 2021 9:06am Jun 15, 2021 9:06am
Quoting Moty
don't fall in the bulls trap the drop is coming {image}
what the perfect strategy you mention before showing?
look like basic SNR
  • #602,513
  • Edited 9:32am Jun 15, 2021 9:11am | Edited 9:32am
Quoting mysterio
Testing sell, TP open, SL to BE asap Will exit if the supply doesnt hold If it's a true breakout then target might be 1.40 so RR very good Still sitting on a 1xR loss for the day Price just tapped out the last high hopefully now drops EDIT- very quickly taken out BE. Not so sure on this one. Not going to chase it, swallow the loss for the day and come back tomorrow {image}
Just re-entered short 14085, can see on the m5 there are positions being built for a breakout. Locking in again soon.

Nah, out again BE. It's hard to say which way it will break
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  • #602,514
  • Jun 15, 2021 9:11am Jun 15, 2021 9:11am
Quoting Strykes
{quote} So I have a question. What if you were selling and price broke through flip zone? Do you instantly swap to buy or you wait for 1H price to close before swapping / exiting your sell trade?

The key in my scalping set up is always with Daily TF or H4 TF.

The HTF always gives clues where price get rejected or hold.

The earlier example, when I went Long scalp at M30, but decided to kill it and switch to Short scalp, as H4 formed rejection candles and formed SBR ( with long wicks) .

My short entry was after the the rejection formed on M30 but H4 guided me.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #602,515
  • Jun 15, 2021 9:12am Jun 15, 2021 9:12am
Quoting gatenio
{quote} what the perfect strategy you mention before showing? look like basic SNR
it's a breakout strategy with the magical 34 ema band
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yes yes yes
  • #602,516
  • Jun 15, 2021 9:13am Jun 15, 2021 9:13am
Be careful with the bears. I think it will rise even higher.
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  • #602,517
  • Jun 15, 2021 9:16am Jun 15, 2021 9:16am
Quoting mysterio
{quote} Why do you say that, too early to tell. I would expect it to take out the high from the impulse down first
I mean yes this day is not over yet, but the most volatile hours are almost over. Just one or two hours left and there's no more high-impact news for today.
You have to have an IQ higher than 90 to interact with this user.
  • #602,518
  • Jun 15, 2021 9:16am Jun 15, 2021 9:16am
I'm not very familiar with this method (can't find good literature about it), but what I saw from charts - if there is a void between high volume nodes, most likely price gonna fill it.
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Air force
  • #602,519
  • Jun 15, 2021 9:16am Jun 15, 2021 9:16am
Quoting Moty
{quote} it's a breakout strategy with the magical 34 ema band {image}
Your ex4 SR indicator please?
  • #602,520
  • Jun 15, 2021 9:17am Jun 15, 2021 9:17am
Quoting MTF Test
Simple clue {image}
GU

Good clue, got a bit more space to squeez into the TL.

I think price will hold coz it retest the flip zone twice already.

The rejection on H4 to RBS made the up moves valid, clearing another demand zones

Still not sure how strong the next sell pressure will be.

Need to see what Price Action tell the story like.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
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