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Cable Update (GBPUSD)

  • #606,901
  • Jul 5, 2021 2:19am Jul 5, 2021 2:19am
Quoting MTF Test
{quote} Buyers can be @ 38300 / @38200 also. My view is kind a different to most since i trade using 1M TF. So ,people, dont get confused. I m trying to avoid posting as much possible.
M1 is the best TF for entry with sniper skill . its coming better if you can combine with WPP DPP and Supply demand area
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #606,902
  • Jul 5, 2021 2:22am Jul 5, 2021 2:22am
Morning all. No real overnight action however the uptrend is still valid but it seems it can change at anytime. I’m not looking at 139 for TP just yet and so far the morning trading hasn’t indicated a rise that far up yet.
my personal plan is to keep SL tight, and look to lock in profits over 13850-60
Insane in the Brain..
  • #606,903
  • Jul 5, 2021 2:25am Jul 5, 2021 2:25am
Quoting MTF Test
{quote} Buyers can be @ 38300 / @38200 also. My view is kind a different to most since i trade using 1M TF. So ,people, dont get confused. I m trying to avoid posting as much possible.
Could be a better cal than my short entry looking at the past 1 hour candle it could just be retracing it to move on . Scalp long also and see if it breaks higher
  • #606,904
  • Jul 5, 2021 2:26am Jul 5, 2021 2:26am
GU Renko up date.
Hold my long from friday after that the structure 1.3786 was broken. Add more position if the price broke 1.3850

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  • #606,905
  • Jul 5, 2021 2:33am Jul 5, 2021 2:33am
Previous trade cut down to R:R 1:2 .. new Buy Stop with 1:4
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Fools Rushing
  • #606,906
  • Jul 5, 2021 2:35am Jul 5, 2021 2:35am
Quoting mysterio
{quote} Testing the short based on possible fake break to Friday high stops, looking for daily pivot, lock in at BE if we get a drop https://www.forexfactory.com/thread/...9#post13612259
Stopped at breakeven
  • #606,907
  • Jul 5, 2021 2:36am Jul 5, 2021 2:36am
Quoting MTF Test
Previous trade cut down to R:R 1:2 .. new Buy Stop with 1:4 {image}
Thats intense
How to succeed in zero sum game?
  • #606,908
  • Jul 5, 2021 2:36am Jul 5, 2021 2:36am
hope LO can get me some penny to add sell position more later in NYO xD
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #606,909
  • Jul 5, 2021 2:41am Jul 5, 2021 2:41am
Quoting dempire1
{quote} Thats intense
Hope you guys can learn something out of it. Good luck with FTMO !.. I will soon be visiting FTMO.

I am done for the day -1R + 3R +2R Potential +4 R = 8R .. If not 3R which is ok for me.

Cheers !
Fools Rushing
  • #606,910
  • Jul 5, 2021 2:43am Jul 5, 2021 2:43am
entered long @ 1.3838. sl: below 1.3813
TP1: 30 pips.
TP2: 1.3930.

But might close manually if price failed to break 1.3868
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  • #606,911
  • Jul 5, 2021 2:49am Jul 5, 2021 2:49am
Quoting Cateus
entered long @ 1.3838. sl: below 1.3813 TP1: 30 pips. TP2: 1.3930. But might close manually if price failed to break 1.3868 {image}
Let's wait and see.....
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Lost....
  • #606,912
  • Jul 5, 2021 2:55am Jul 5, 2021 2:55am
in my chart, that s already break and will going north first,
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any suggestion for this newbie? thanks before
Everything is possible but not guaranteed
  • #606,913
  • Jul 5, 2021 2:57am Jul 5, 2021 2:57am
Daily R3 is worth watching.. if cable breaks it properly then potentially 139 is on. However it is currently struggling to get past daily R1
Insane in the Brain..
  • #606,914
  • Jul 5, 2021 3:04am Jul 5, 2021 3:04am
perfect
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yes yes yes
  • #606,915
  • Jul 5, 2021 3:10am Jul 5, 2021 3:10am
Quoting gespiri
{quote} Let's wait and see..... {image}
thank you. I will watch it carefully.
  • #606,916
  • Jul 5, 2021 3:13am Jul 5, 2021 3:13am
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yes yes yes
  • #606,917
  • Jul 5, 2021 3:24am Jul 5, 2021 3:24am
Quoting gespiri
{quote} Let's wait and see..... {image}
Nice TA.

Maybe a trapping move for quick corrective setup.
To be decided in 40 mins when the next candle closed, pattern will clearly visible for what price intent to do till NYO.

The object is to learn the complete cycle of a currency, and catch the waves in the middle, while your also trading the cycle.

Take care and trade safe
Keep up posting good chart with TA for other to learn and observe.

Regards

PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #606,918
  • Jul 5, 2021 3:30am Jul 5, 2021 3:30am
Quoting Tekin
Have 1.3761 any cahange to defend bulls or are they going to be burger
Defended well so far but 1.3870
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  • #606,919
  • Jul 5, 2021 3:39am Jul 5, 2021 3:39am
tp set on 1.38700 , more then enough for me
it will retrace from there and theni will buy the break up again
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yes yes yes
  • #606,920
  • Jul 5, 2021 3:55am Jul 5, 2021 3:55am
If we get a break down I'll trade it on confirmation, purple level is resistance. If it breaks above there then forget it. Sitting on hands for now, wait and see. Still bullish so need to see a shift in momentum
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