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Cable Update (GBPUSD)

  • #608,061
  • Jul 8, 2021 9:10am Jul 8, 2021 9:10am
Quoting Moty
another 20 pips bite the dust{image} the band is back !!!!!!!!!!!! 32 pips is the minimum {image}
I am glad that you have finally decided to use Stop Loss. Good on you.

Cheers man.
Fools Rushing
  • #608,062
  • Jul 8, 2021 9:11am Jul 8, 2021 9:11am
Quoting dempire1
{quote} Is there like an actual logic whether candle closes or not above/below something to continue lets say trend?

Yup

Ex:

if there is upper level 1.37871 price will move above it then it may come below it's false signal to trap you once the candle close we can confirm the trend.

Once trend confirmed will get some good amount of profit

this was rule that i'm following it and it never let me down

Live Example :

GBPUSD crossed the upper level and then it came back which was trap if you open buy order so I wait until 1 hr candle to close
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  • #608,063
  • Jul 8, 2021 9:17am Jul 8, 2021 9:17am
sold @ 37857 - tp 37100 sl 37987
Fools Rushing
  • #608,064
  • Jul 8, 2021 9:20am Jul 8, 2021 9:20am
Quoting dempire1
{quote} Is there like an actual logic whether candle closes or not above/below something to continue lets say trend?
All TA is just a wrapper. We all know why the price moves.

Imagine that you live in a town where streets have numbers instead of names. You have a huge amount of dollars and you are buying a GBP. In an hour you bought everything from your neighbors on 1.379 street, probably the next hour you will spend buying GBP on 1.38 street if you have enough money. If there is no supply, you go to 1.381 street... Someone might move towards you with a bigger pile of GBP and so on.
Air force
  • #608,065
  • Jul 8, 2021 9:22am Jul 8, 2021 9:22am
yes yes yes !!!!
another comeback from daily 164 $ loss to 5 $ profit

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i jumped to short gu without resting

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yes yes yes
  • #608,066
  • Jul 8, 2021 9:23am Jul 8, 2021 9:23am
Quoting Moty
{quote} it will reach 1.37312 today or tomorrow
you bought today and draw an arrow to 1.44? No?
  • #608,067
  • Jul 8, 2021 9:26am Jul 8, 2021 9:26am
another try
daily balance +30 pips
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yes yes yes
  • #608,068
  • Jul 8, 2021 9:27am Jul 8, 2021 9:27am
Quoting Moty
yes yes yes !!!! another comeback from daily 164 $ loss to 5 $ profit {image} i jumped to short gu without resting {image}
Do you know how many people around the world admire you?
success comes from finding win-win solutions
  • #608,069
  • Jul 8, 2021 9:29am Jul 8, 2021 9:29am
Quoting info4saeed
{quote} Do you know how many people around the world admire you?

I am one of them
  • #608,070
  • Jul 8, 2021 9:30am Jul 8, 2021 9:30am
Quoting gatenio
{quote} you bought today and draw an arrow to 1.44? No?
it can go to 1.37312 and from there to 1.44
last monthly false break was 50 pips and revarsed
last monthly low was 1.37765 so you can still get reversal at 1.37200-300 area
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yes yes yes
  • #608,071
  • Jul 8, 2021 9:33am Jul 8, 2021 9:33am
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yes yes yes
  • #608,072
  • Jul 8, 2021 9:33am Jul 8, 2021 9:33am
Quoting Moty
{quote} this is a kind of tma channel that is not heavily slowing the computer {file}
Repaint?
  • #608,073
  • Jul 8, 2021 9:37am Jul 8, 2021 9:37am
Quoting sisimaru
{quote} I am one of them
Quoting info4saeed
{quote} Do you know how many people around the world admire you?
you guys brings me to tears .
that make so existed and happy to hear that .
not for the fame or respect , but for the Recognition and appreciation of the effort I put in for friends here
sometimes even at the expense of other things I need to do
i love you guys , and appreciate your support
yes yes yes
  • #608,074
  • Jul 8, 2021 9:41am Jul 8, 2021 9:41am
Quoting Sorobanista
{quote} Repaint?
it repainted but it can give you areas to think to take a trade with a sl outside the band
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yes yes yes
  • #608,075
  • Jul 8, 2021 9:51am Jul 8, 2021 9:51am
Quoting Moty
{quote} it can go to 1.37312 and from there to 1.44 last monthly false break was 50 pips and revarsed last monthly low was 1.37765 so you can still get reversal at 1.37200-300 area {image}
There is no such thing as a false break, the more you stop using these terms like crooks etc you will be a much better trader. Technical Analysis is a tool for analyzing the price.
market power, volume and clock, sometimes not all come together to tell a pure technical analysis picture.

Until GU will not base above 1.386 no 1.4+
imo the low numbers of 1.36 at least before any 1.4 numbers.
  • #608,076
  • Jul 8, 2021 9:53am Jul 8, 2021 9:53am
Quoting Wavegarrick
{quote} Hi SU, It's called handling the cross currency pairs and correcting, with the majors taking a step back for the crosses to come in line. If I can cite UsdJpy coming off the yearly highs as an example I can see a nice 400 to 500 pip drop. Will be looking to add shorts on retraces. Cheers. {image}
Sometimes I worry when I see that we have almost the same operation

Am I copying you, or you copying me ???
You are a confirmation, if you have the same positions as me, it means that I am doing well

I'm also short on some Jpy pairs...It was a bubble ready to burst
https://www.forexfactory.com/thread/...4#post13578924
  • #608,077
  • Jul 8, 2021 9:54am Jul 8, 2021 9:54am
dx at support area
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yes yes yes
  • #608,078
  • Jul 8, 2021 9:57am Jul 8, 2021 9:57am
End of scalping
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Intraday Trading is an Art _ hoda
  • #608,079
  • Jul 8, 2021 10:05am Jul 8, 2021 10:05am
Anyone else thinks GBPUSD is reversing?
  • #608,080
  • Jul 8, 2021 10:07am Jul 8, 2021 10:07am
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not euphoria follower
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