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Cable Update (GBPUSD)

  • #609,561
  • Jul 15, 2021 3:15am Jul 15, 2021 3:15am
Quoting gatenio
the day you sell GU and its going up, then buy and it going down. thanks GU, pleasure.
Looking at the drop it was too fast too hard which usually means it will go back up
Insane in the Brain..
  • #609,562
  • Jul 15, 2021 3:17am Jul 15, 2021 3:17am
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 37 KB
yes yes yes
  • #609,563
  • Jul 15, 2021 3:22am Jul 15, 2021 3:22am
Quoting BeeTogether
{quote} Looking at the drop it was too fast too hard which usually means it will go back up
till the rate on USD will not change.. i have no faith with it.
the drop on FOMC? i was long. (now TA force me to go down)
now daily still showing bearish, this is not a question if bulls can strike back up easily..
the truth is im clueless short term.. really.. like nothing before.

daily is closing every day on the other side of the fence..
sometimes traders should admit it. lost 1000 dollar today on gu long and short..
  • #609,564
  • Jul 15, 2021 3:25am Jul 15, 2021 3:25am
Just sell for 7 hours then buy till Friday
  • #609,565
  • Jul 15, 2021 3:26am Jul 15, 2021 3:26am
Quoting Pat Chiko
GU Scalping long {image}
Hm, why? How many pips do you expect?
  • #609,566
  • Jul 15, 2021 3:28am Jul 15, 2021 3:28am
could be fail on that long position,,if ,,,if it was pull back on the 1 hour candle then it hit 38% so noted and lets see if it plays out
  • #609,567
  • Jul 15, 2021 3:29am Jul 15, 2021 3:29am
I add pending buy
Buy stop: 1.38682
SL: 1.38102
TP: 1.39203
  • #609,568
  • Jul 15, 2021 3:30am Jul 15, 2021 3:30am
Quoting elbert3
could be fail on that long position,,if ,,,if it was pull back on the 1 hour candle then it hit 38% so noted and lets see if it plays out
moved up so pp is now 3827 safe trade in profit , but lets watch the pullback
  • #609,569
  • Jul 15, 2021 3:31am Jul 15, 2021 3:31am
Quoting Milan
{quote} Hm, why? How many pips do you expect?
Hi Milan.

I don't use pips.

I use R:R

It is 1:2 R:R

Attached Image (click to enlarge)
Click to Enlarge Name: gu 105.jpg Size: 111 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #609,570
  • Jul 15, 2021 3:32am Jul 15, 2021 3:32am
Quoting corongumet
I add pending buy Buy stop: 1.38682 SL: 1.38102 TP: 1.39203
hi, still playing with Eliott waves?
  • #609,571
  • Jul 15, 2021 3:36am Jul 15, 2021 3:36am
Quoting gatenio
{quote} hi, still playing with Eliott waves?
Yes but playing at euro only.
  • #609,572
  • Jul 15, 2021 3:37am Jul 15, 2021 3:37am
Quoting corongumet
{quote} Yes but playing at euro only.
EU become the useless pair ever.. im not looking at it cause i might fall asleep on the keyboard.
  • #609,573
  • Jul 15, 2021 3:37am Jul 15, 2021 3:37am
Just tapping out both sides of the overnight range

DXY still reacting off of supply

I'm a buyer
  • #609,574
  • Jul 15, 2021 3:39am Jul 15, 2021 3:39am
Quoting gatenio
{quote} EU become the useless pair ever.. im not looking at it cause i might fall asleep on the keyboard.
I us ew at euro, because its very slowly than GU. For GU i use daily range strategy.

In EU i use daily TF and minimum H4. Entry-loocked and close the pair, for GU for intraday profit. Eu longterm-GU intraday
  • #609,575
  • Jul 15, 2021 3:39am Jul 15, 2021 3:39am
add sell more @1.38450
pricky volume , trade well
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #609,576
  • Jul 15, 2021 3:40am Jul 15, 2021 3:40am
Classic trap: Took all shorts out going up, came down to take all longs, and now up. What do you call this a ranging market or trapping market :-)
  • #609,577
  • Jul 15, 2021 3:41am Jul 15, 2021 3:41am
Quoting gatenio
{quote} till the rate on USD will not change.. i have no faith with it. the drop on FOMC? i was long. (now TA force me to go down) now daily still showing bearish, this is not a question if bulls can strike back up easily.. the truth is im clueless short term.. really.. like nothing before. daily is closing every day on the other side of the fence.. sometimes traders should admit it. lost 1000 dollar today on gu long and short..
i hear you the last couple of months have been a real rollercoaster for cable. So far in the last year I’ve lost more than I’ve earned by nearly 4 fold. A lot was due to not understanding but some also going against the trend.

mostly my stupidity though
Insane in the Brain..
  • #609,578
  • Jul 15, 2021 3:42am Jul 15, 2021 3:42am
Quoting IBabyTrader
Classic trap: Took all shorts out going up, came down to take all longs, and now up. What do you call this a ranging market or trapping market :-)
looking for over 139 for a good short entry that could show us 1375 again
Insane in the Brain..
  • #609,579
  • Jul 15, 2021 3:42am Jul 15, 2021 3:42am
Quoting IBabyTrader
Classic trap: Took all shorts out going up, came down to take all longs, and now up. What do you call this a ranging market or trapping market :-)
Yea exactly. Was a double trap on the way down because they took out the long from the overnight range and went for the triangle/TL liquidity and no doubt trapped some breakout shorts to go long with

Up!
  • #609,580
  • Jul 15, 2021 3:42am Jul 15, 2021 3:42am
Quoting maheeee
buy buy buy
buy buy buy
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