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Cable Update (GBPUSD)

  • #609,161
  • Jul 13, 2021 12:36pm Jul 13, 2021 12:36pm
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it’s come off the small tl on that bottom .
  • #609,162
  • Jul 13, 2021 12:39pm Jul 13, 2021 12:39pm
fast scalping for 5 pips
buy

or to close with little loss
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dolce vita
  • #609,163
  • Jul 13, 2021 12:44pm Jul 13, 2021 12:44pm
Quoting mysterio
{quote} We will have a great long at some point soon I believe just not right now unfortunately
I hear you. Longs need that bounce back point which I cannot see on either 1H not 4H.
Insane in the Brain..
  • #609,164
  • Jul 13, 2021 12:45pm Jul 13, 2021 12:45pm
The pair is trying to hold above 1.3812 to bounce back up but it's way down from 1.3825-40 at this time that it needs to close in an hour at least in btw there for an up chance tomorrow.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #609,165
  • Jul 13, 2021 12:46pm Jul 13, 2021 12:46pm
A lot of people would have benefited from this Analysis... why are you deleting it...??????
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My telegram: https://t.me/avidforex
  • #609,166
  • Edited 1:21pm Jul 13, 2021 12:55pm | Edited 1:21pm
Quoting Ehminiz
Hey guys. Please can someone help me with some trading books to read ? I feel like reading some books to widen my knowledge in the market
Hi, this is not a book about trading per se but I strongly recommend The Science of Positivity: Stop Negative Thought Patterns by Changing Your Brain Chemistry from Loretta Breuning PhD. I think that no matter how much knowledge you have of the markets, trade systems, probability and other statistical techniques, and no matter how intelligently you put all these ideas together, there is another part of your brain that doesn't operate with language or care one iota about what you know. It can change your brain chemistry, and if you cannot defend yourself against that you are incredibly vulnerable to the markets and to yourself. I'm sure we have all had moments when our brain chemistry has been changed while trading, when cortisol and adrenaline have put us into some very dark places, nervermind the damage to our accounts. Not only that, but our 'happy chemicals' can lead us to make poor decisions too, when we feel good about a reward, or feel we should be reaching for a reward, we may pull the trigger on a trade too soon.

She has a channel on YouTube too, her videos are a bit quirky but she is a great scientist and writer and 100% knows what she is talking about.

Inserted Video
  • #609,167
  • Jul 13, 2021 1:23pm Jul 13, 2021 1:23pm
Quoting Moty
hit and run , tp 1.38100 {image}
Finley profit for today
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yes yes yes
  • #609,168
  • Jul 13, 2021 1:26pm Jul 13, 2021 1:26pm
Quoting Pat Chiko
Thought before end of the day. We fight again tomorrow , better and smarter When the market goes against you, you hope that every hour/day will be the last hour/day - and you lose more than you should had you not listened to hope. And when the market goes your way, you become fearful that the next hour/day will take away your profit and you get out - too soon. The successful trader has to fight these two deep-seated instincts. The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally...
Mostly agree, It's situational but sometimes I think it is okay to average losses, in general it's a bad idea however.
  • #609,169
  • Jul 13, 2021 1:27pm Jul 13, 2021 1:27pm
Quoting BeeTogether
{quote} I hear you. Longs need that bounce back point which I cannot see on either 1H not 4H.
Will be somewhere in the circle bet you

Just waiting for a reversal sign tomorrow, we're in a range just need to catch the bottom, shouldn't be too difficult

I believe this is a big accumulation for a rocket move up
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  • #609,170
  • Jul 13, 2021 1:28pm Jul 13, 2021 1:28pm
Quoting elbert3
{quote} YouTube anything you want to know it’s there don’t bother with books .
That's one simple and direct answer...
I really felt encourage to read again...
Bedankt, ABBie
  • #609,171
  • Jul 13, 2021 1:28pm Jul 13, 2021 1:28pm
Quoting Moty
{quote} Finley profit for today {image}
Well done bro
Insane in the Brain..
  • #609,172
  • Jul 13, 2021 1:41pm Jul 13, 2021 1:41pm
Sell below 1.3830 for 1.3750s tomorrow. CPI have no chance to be even near last month, 1.3700 not yet tested fall is coming..
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #609,173
  • Jul 13, 2021 1:56pm Jul 13, 2021 1:56pm
#GBPUSD / H4
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  • #609,174
  • Jul 13, 2021 1:56pm Jul 13, 2021 1:56pm
CHART ANALYSIS...
SEE STRONG SUPPORT AND RESISTANCE ZONE.
PATIENCE IS THE KEY; WAIT FOR PRICE TO GET YOUR ZONE


BigNumbers
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My telegram: https://t.me/avidforex
  • #609,175
  • Edited 4:35pm Jul 13, 2021 4:03pm | Edited 4:35pm
...just updating charts before bed. Bearish >30 day adr daily candle yesterday. If more downside results then quite a lot of potential 'primary' support/rbs factors down to 3731 below current price on 1hr/4hr. Falling wedge thingy on 1hr?

On the Dly that ascending t/line joining 1410 with 3741 is below current price, and that prev 1hr/4hr/dly/minor wkly sw lo zone down to 3731 looks like it might contain demand if tested? Even down to 3715 which is a prev dly/4hr sw lo zone and has been tested twice @ 3731 and 3741 and acted as support.

1hr below, then Dly.
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Trader with an Edge.
  • #609,176
  • Edited 4:35pm Jul 13, 2021 4:22pm | Edited 4:35pm
Quoting kk300
{quote} what indicator do you use for these swing high and lows? {image}
I don't use an indicator. I put the rectangles in manually for the previous near-term fractal swing hi's and lo's and they are colour-coded depending on a. whether they coexist as such on next higher t/f in a t/f combo like 1hr/4hr/dly for eg, or not, and b. whether they have been tested and held as supp or res, at least once. I also put the numerical levels in manually using the 'Draw text' function box in the 'Line studies' toolbar of MT4 charting.
Trader with an Edge.
  • #609,177
  • Jul 13, 2021 4:41pm Jul 13, 2021 4:41pm
GU

Waiting for retest


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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #609,178
  • Jul 13, 2021 4:52pm Jul 13, 2021 4:52pm
3830/40 and then down to 3770

to me
Intraday only.
  • #609,179
  • Jul 13, 2021 5:13pm Jul 13, 2021 5:13pm
Quoting navk
3830/40 and then down to 3770 to me
Might skip the retest
  • #609,180
  • Jul 13, 2021 5:22pm Jul 13, 2021 5:22pm
Quoting navk
3830/40 and then down to 3770 to me
Ive my sell order 1.3820 area . FOMO maybe can cause price didnt reach that 1.3830 so im plating the minimum scenario xD
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
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