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Cable Update (GBPUSD)

  • #605,501
  • Jun 29, 2021 12:13am Jun 29, 2021 12:13am
What i was looking for yesterday was the corrective pattern moving against 4H/daily, to trade the third swing up, the abc zigzag type pattern did not materialise but patience pays off and i can now say it is a triangle so the break is the entry short.

Target will be the lows around 3670


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Follow The Markets Structure - Patience and Discipline
  • #605,502
  • Jun 29, 2021 12:14am Jun 29, 2021 12:14am
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yes yes yes
  • #605,503
  • Jun 29, 2021 12:17am Jun 29, 2021 12:17am
Quoting Almo2312
{quote} I think we may stroke the low soon.
As planned.


More selling for me .

Trade safe.
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #605,504
  • Jun 29, 2021 12:19am Jun 29, 2021 12:19am
Quoting kris89
Today high 1.38850 Today low 1.37200 Close price 1.37400
Seem 1.3900 will be tested before fall. The pricr stuck and need efford momentum. At least 1.39 maybe we can see falloff
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #605,505
  • Jun 29, 2021 12:22am Jun 29, 2021 12:22am
Quoting kris89
{quote} Seem 1.3900 will be tested before fall. The pricr stuck and need efford momentum. At least 1.39 maybe we can see falloff
My thinking too, I have this level marked out

I exited last long with a small lost, honestly it was a bit impatient and impulsive

Watching the asia low to see what happens
  • #605,506
  • Jun 29, 2021 12:26am Jun 29, 2021 12:26am
Quoting pipfarm
What i was looking for yesterday was the corrective pattern moving against 4H/daily, to trade the third swing up, the abc zigzag type pattern did not materialise but patience pays off and i can now say it is a triangle so the break is the entry short. Target will be the lows around 3670 {image}
  • #605,507
  • Jun 29, 2021 12:28am Jun 29, 2021 12:28am
3850 to daily pivot, IMO
Intraday only.
  • #605,508
  • Jun 29, 2021 12:29am Jun 29, 2021 12:29am
Quoting KiwiTrada
1 3800 could be tested tonight if she can get through present support 1 3857?? pa now 1 3864
this is 3rd attempt to bo north of last 5 days range (4hr)?? 3rd day lucky maybe
If you are new to Forex? Say Goodbye to your account!!
  • #605,509
  • Jun 29, 2021 12:30am Jun 29, 2021 12:30am
Quoting mysterio
{quote} My thinking too, I have this level marked out I exited last long with a small lost, honestly it was a bit impatient and impulsive Watching the asia low to see what happens
Now i see the drop is like London trap and reverse to 1.39 first imo.
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #605,510
  • Jun 29, 2021 12:31am Jun 29, 2021 12:31am
just came back.. vaccine shot done

no trade yet and the PA quiet stuck..

still lurking for a drop
Trade with prediction = witch with her visions lol
  • #605,511
  • Jun 29, 2021 12:32am Jun 29, 2021 12:32am
Quoting Inthebox
looking to sell. {image}
traded according to plan.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #605,512
  • Jun 29, 2021 12:35am Jun 29, 2021 12:35am
Quoting kris89
{quote} Now i see the drop is like London trap and reverse to 1.39 first imo.
Buying for retrace
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #605,513
  • Jun 29, 2021 12:35am Jun 29, 2021 12:35am
Quoting Inthebox
{quote} traded according to plan. {image}
what is that dot indicator ?

how is it work and how to read it ?
Trade with prediction = witch with her visions lol
  • #605,514
  • Jun 29, 2021 12:36am Jun 29, 2021 12:36am
Quoting navk
3850 to daily pivot, IMO
To me long till 1.3900 and switch to sell, the medium target remains 1.3720 in days ahead...
Data + Stat + Risk/Emotions Management
  • #605,515
  • Jun 29, 2021 12:38am Jun 29, 2021 12:38am
Quoting Inthebox
{quote} traded according to plan. {image}
What do you look for when trading 5m? I tried looking at them but it seems so hard. Nice trades btw.
  • #605,516
  • Edited 1:43am Jun 29, 2021 12:39am | Edited 1:43am
Quoting kris89
{quote} Now i see the drop is like London trap and reverse to 1.39 first imo.
I did the same, bottom of the asia range fakeout/SL area plus major support level, will see

Look for asia range high then pivot, that or get stopped

- edit, lucky to get out at BE when price returned, bad trade
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  • #605,517
  • Jun 29, 2021 12:39am Jun 29, 2021 12:39am
long 1.386-7x tp 1.391x-2x
  • #605,518
  • Jun 29, 2021 12:41am Jun 29, 2021 12:41am
Quoting dimitricss
{quote} what is that dot indicator ? how is it work and how to read it ?
you mean the fib?
watch for price reversal between 50 and 61.8 level, at times 78.6.
ITB - Seeing Orderliness amongst 'Randomness'
  • #605,519
  • Jun 29, 2021 12:42am Jun 29, 2021 12:42am
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yes yes yes
  • #605,520
  • Jun 29, 2021 12:43am Jun 29, 2021 12:43am
I literally wrote to watch out for 1.387-1.389 as support and 1.382-1.384 as resistance for today. Im shorting from yesterday @ 1.39078 and moderator didnt accept the post? Why? What was wrong with it?`Im new member and trying to understand what Im dealing with here. Is there needed that I link my MT4 to my username?
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