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Cable Update (GBPUSD)

  • #607,141
  • Jul 6, 2021 1:41am Jul 6, 2021 1:41am
Quoting Inthebox
{quote} partial tp. {image}
done.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #607,142
  • Jul 6, 2021 1:43am Jul 6, 2021 1:43am
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my imagination , lets see if expectation same or more complicated
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #607,143
  • Jul 6, 2021 1:52am Jul 6, 2021 1:52am
usd weak now but when LO may regain some ground.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #607,144
  • Jul 6, 2021 1:52am Jul 6, 2021 1:52am
Quoting kris89
{image} my imagination , lets see if expectation same or more complicated
That black line ! My area for retrace from yesterday
Insane in the Brain..
  • #607,145
  • Jul 6, 2021 1:54am Jul 6, 2021 1:54am
done
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Intraday Trading is an Art _ hoda
  • #607,146
  • Jul 6, 2021 1:59am Jul 6, 2021 1:59am
Quoting kris89
{image} my imagination , lets see if expectation same or more complicated
Hi Kriss , how about using the BO/RT concept here as price is making HH/HL

It is with high percentage, a perfect breakout being a continuation of the trend, but we're going into this with a neutral bias. (or as neutral as a human can be.)

As for rules, right now I typically try to wait until a retest of the breakout.
Let the price determine the rules for now on.....assuming there is enough of a difference in results.....

I personally have found waiting on a retest of former support (of a breakout) on a larger time frame works better. (4 hr or 1 hr chart breakout.)

However, once I see this coming, I will switch to a lower time frame because it doesn't always get all the way there.
So, that way I am not missing some trade because it didn't go to the exact pip I was looking for.
You can see it reverse back in your intended direction on say...the 5 or 15 min. chart.

Also, sometimes you never get a chance to get in. Not to worry, other trade set up will come sooner or later.

Trade Safe Kriss aka Jakie Chan.
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #607,147
  • Jul 6, 2021 2:01am Jul 6, 2021 2:01am
Divergence , Fibo 61.8 Ratio, Round number 1.3900

It must be down for at least 45 pips
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  • #607,148
  • Jul 6, 2021 2:03am Jul 6, 2021 2:03am
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yes yes yes
  • #607,149
  • Jul 6, 2021 2:03am Jul 6, 2021 2:03am
Quoting usmanamir942
Divergence , Fibo 61.8 Ratio, Round number 1.3900 It must be down for at least 45 pips {image}
It's not always that easy
How to succeed in zero sum game?
  • #607,150
  • Jul 6, 2021 2:05am Jul 6, 2021 2:05am
Quoting Georginson
Sold at 1.3892, no stop and target at the moment ... Will wait for further clarity.
Manually closed at 1.3887.. I'm looking for a better sell level at 1.3900/20 area... Let's see how it will play out as volatility is very much around.
Data + Stat + Risk/Emotions Management
  • #607,151
  • Jul 6, 2021 2:10am Jul 6, 2021 2:10am
Remember where you heard that first
This candle is a bears trap
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yes yes yes
  • #607,152
  • Jul 6, 2021 2:11am Jul 6, 2021 2:11am
Quoting Pat Chiko
{quote} Hi Kriss , how about using the BO/RT concept here as price is making HH/HL It is with high percentage, a perfect breakout being a continuation of the trend, but we're going into this with a neutral bias. (or as neutral as a human can be.) As for rules, right now I typically try to wait until a retest of the breakout. Let the price determine the rules for now on.....assuming there is enough of a difference in results..... I personally have found waiting on a retest of former support (of a breakout) on a larger time frame works better. (4...
nice charting, nah now ive a some view also , that line upward is 12345 for me then its breaks to below from my opinion XD

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"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #607,153
  • Jul 6, 2021 2:12am Jul 6, 2021 2:12am
Quoting KiwiTrada
{quote} 14hrs later still waiting :-)
6hrs later 1795 breached next resistance 4hr 1806 66, rinse and repeat looking for cheapest possible entry, very keen :-)
If you are new to Forex? Say Goodbye to your account!!
  • #607,154
  • Jul 6, 2021 2:12am Jul 6, 2021 2:12am
I will take only buy position today.
with small TP
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Intraday Trading is an Art _ hoda
  • #607,155
  • Jul 6, 2021 2:15am Jul 6, 2021 2:15am
Quoting elbert3
{image} morning tp her but long order left on the top tp 3870 short will be take on confirming this set up stop on the top . Coffee time and leave them to sort itself out
Breakout was a good one but scalp was working well and the long entry was a bounce off 3840 area support all trades closed now might enter short off this resistance are . But wait to see any 5 min chart cross of 10/20 ema if it does cross the trade will be short with stops above any possible crossover point
  • #607,156
  • Jul 6, 2021 2:22am Jul 6, 2021 2:22am
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keep it simple . 1 hour chart so if it tats in that same mode 3860 could be tested for a long again entry. So scalp short and long entry on the top again .
  • #607,157
  • Jul 6, 2021 2:24am Jul 6, 2021 2:24am
Quoting Moty
Remember where you heard that first This candle is a bears trap {image}
you hope?? some interesting psych levels in play say, dix 92 000 swiss 92000 cad 1 23000 eu 1 19000 cable 1 39000 geppy 154 000 au 76000 nu 71000 very unusual, watch out for usd pump??????
If you are new to Forex? Say Goodbye to your account!!
  • #607,158
  • Jul 6, 2021 2:26am Jul 6, 2021 2:26am
Quoting Moty
Remember where you heard that first This candle is a bears trap {image}
Moty is making market makers poor!
How to succeed in zero sum game?
  • #607,159
  • Jul 6, 2021 2:26am Jul 6, 2021 2:26am
Quoting KiwiTrada
{quote} you hope?? some interesting psych levels in play say, dix 92 000 swiss 92000 cad 1 23000 eu 1 19000 cable 1 39000 geppy 154 000 au 76000 nu 71000 very unusual, watch out for usd pump??????
Dx is going to drop , and hard
I used to lose money in those situations,now i will win
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yes yes yes
  • #607,160
  • Jul 6, 2021 2:30am Jul 6, 2021 2:30am
Any targets on Gold guys?
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