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Cable Update (GBPUSD)

  • #609,121
  • Jul 13, 2021 12:15pm Jul 13, 2021 12:15pm
looks like will be in range for some time...
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  • #609,122
  • Jul 13, 2021 12:16pm Jul 13, 2021 12:16pm
Quoting Moty
waiting for the break of 1.38315 {image}
LOOK bro
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Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #609,123
  • Jul 13, 2021 12:17pm Jul 13, 2021 12:17pm
Would of liked to see 3870 to try a short ,,,,but already in but we are mid stream in the middle of s/r numbers we just hit 3830 that i have as the lower confirm of the break of the old tl,, so wil it move back up from here or do we see 3670
  • #609,124
  • Jul 13, 2021 12:19pm Jul 13, 2021 12:19pm
book it , 1.38315 signal for short
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yes yes yes
  • #609,125
  • Jul 13, 2021 12:23pm Jul 13, 2021 12:23pm
Quoting mysterio
{quote} Hold overnight, 1.3950 minimum Not a stellar week so far, assumptions made and opportunities slept through but weekend plan still valid This can just be retrace leg on the W (0.618) {image}
4H inside bar.., probably could clear where she'd like to continue
could be long
could be short

but I'd like you to think about long probability
she came three time to 1.39 and didn't manage to go up 30-40 pips more
instead she fell down for one hundred pips

my advice.., may I..,
please wait for confirmation for long
because she can continue down for a while

...just my thought
trade safe, please

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dolce vita
  • #609,126
  • Jul 13, 2021 12:25pm Jul 13, 2021 12:25pm
Quoting Headland
... Just updating charts before bedtime. Gmt+3 daily candle closes as below...you can see on this dly t/f that price found support on the pullback from the dly hi of 3910 @ the prev sw hi (=prev res = potential rbs) and topside of the breached descending t/line (also top of a prev 4hr sw hi zone = pres res = pot rbs) resulting in a further run-up before encountering more supply in the prev 1hr/4hr sw hi zone created by today's hi @ the descending t/line that joins that hi from 4185, (shown on 4hr chart below the dly, below.) Is 4hr going into an...
what indicator do you use for these swing high and lows?
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  • #609,127
  • Jul 13, 2021 12:29pm Jul 13, 2021 12:29pm
Quoting babayaga
{quote} 4H inside bar.., probably could clear where she'd like to continue could be long could be short but I'd like you to think about long probability she came three time to 1.39 and didn't manage to go up 30-40 pips more instead she fell down for one hundred pips my advice.., may I.., please wait for confirmation for long because she can continue down for a while ...just my thought trade safe, please {image} {image}
Thank you Babayaga I value your opinion you're a good trader

I had the long from 1.3818 and continue to hold but locked in BE

Normally from a scalp PA trading type perspective I would TP at this zone where the TL meets the price and we had that little hammer then reverse it, but was out and couldnt monitor so not much point to take 10 pips now

My bull case is that we were just doing a 618 retrace on a bullish W and we have weekly supply on dollar and we've deflected off a RN

But far from confident and I hear you so I just wait for the next trade. Can we push into the lower 1.37s, absolutely yes but I have no entry either way
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  • #609,128
  • Jul 13, 2021 12:37pm Jul 13, 2021 12:37pm
Quoting babayaga
{quote} 4H inside bar.., probably could clear where she'd like to continue could be long could be short but I'd like you to think about long probability she came three time to 1.39 and didn't manage to go up 30-40 pips more instead she fell down for one hundred pips my advice.., may I.., please wait for confirmation for long because she can continue down for a while ...just my thought trade safe, please {image} {image}
btw I am holding one long from 1.3763.., with TP 1.3953..without SL
but this position really "symbolic".., to feed my curiosity.., nothing else


P.S. "...we try not to gamble" (?) from
https://www.forexfactory.com/thread/...3#post13624583

I think we have to.., there is no alternative.., we need to respond to "their gambling"
dolce vita
  • #609,129
  • Jul 13, 2021 12:51pm Jul 13, 2021 12:51pm
Quoting mysterio
{quote} Thank you Babayaga I value your opinion you're a good trader I had the long from 1.3818 and continue to hold but locked in BE Normally from a scalp PA trading type perspective I would TP at this zone where the TL meets the price and we had that little hammer then reverse it, but was out and couldnt monitor so not much point to take 10 pips now My bull case is that we were just doing a 618 retrace on a bullish W and we have weekly supply on dollar and we've deflected off a RN But far from confident and I hear you so I just wait for the next...
thank you for the kind words

keep calm.., I think you've got everything else

dolce vita
  • #609,130
  • Jul 13, 2021 12:52pm Jul 13, 2021 12:52pm
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Quoting babayaga
{quote} btw I am holding one long from 1.3763.., with TP 1.3953..without SL but this position really "symbolic".., to feed my curiosity.., nothing else P.S. "...we try not to gamble" (?) from https://www.forexfactory.com/thread/...3#post13624583 I think we have to.., there is no alternative.., we need to respond to "their gambling"
My gamble was more if a educational guess lol I just got in earlier than my rule lol the rule is full candle close above or below the ems . If your in the trend is better to take the trade which suits .
  • #609,131
  • Jul 13, 2021 12:55pm Jul 13, 2021 12:55pm
Back to 3825 now another wait
  • #609,132
  • Jul 13, 2021 12:56pm Jul 13, 2021 12:56pm
we actually are in range for sometime... i think should play along..
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  • #609,133
  • Jul 13, 2021 1:00pm Jul 13, 2021 1:00pm
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  • #609,134
  • Jul 13, 2021 1:03pm Jul 13, 2021 1:03pm
Quoting Almo2312
{quote} LOOK bro{image}
got it?
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Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #609,135
  • Jul 13, 2021 1:03pm Jul 13, 2021 1:03pm
Quoting elbert3
{image}{quote} My gamble was more if a educational guess lol I just got in earlier than my rule lol the rule is full candle close above or below the ems . If your in the trend is better to take the trade which suits .
...but my post wasn't my intention to offend you.., only my reaction
hope you understand it

with all my respect
dolce vita
  • #609,136
  • Jul 13, 2021 1:06pm Jul 13, 2021 1:06pm
Quoting babayaga
{quote} ...but my post wasn't my intention to offend you.., only my reaction hope you understand it with all my respect
Hi B.... yes total understand mate i was just adding to the post 100% no problem my friend ,,,Regards E
  • #609,137
  • Jul 13, 2021 1:07pm Jul 13, 2021 1:07pm
bears trap at the dx
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drop mf drop
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yes yes yes
  • #609,138
  • Jul 13, 2021 1:07pm Jul 13, 2021 1:07pm
out two sell with +25 pips (tutte due..,both)
dolce vita
  • #609,139
  • Jul 13, 2021 1:16pm Jul 13, 2021 1:16pm
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might call it a day here I could ?? Could rattle around for a bit .. let’s see if so good night
  • #609,140
  • Jul 13, 2021 1:17pm Jul 13, 2021 1:17pm
Quoting elbert3
{quote} Hi B.... yes total understand mate i was just adding to the post 100% no problem my friend ,,,Regards E
btw
if you remember our exchange of posts
https://www.forexfactory.com/thread/...9#post13609419

what happens now is complete opposite as you see
gambling (?)
I think after all, this word is THE permanent part of such activity as a trading

do we have to be ready ??? I think yes
dolce vita
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