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Cable Update (GBPUSD)

  • #609,821
  • Jul 15, 2021 12:55pm Jul 15, 2021 12:55pm
5 min doji , last time i posted that we were 3900 area ,could it happen again
  • #609,822
  • Jul 15, 2021 12:57pm Jul 15, 2021 12:57pm
Quoting Pat Chiko
{quote} GU All position is in negative except two with tiny gain. As price are trapped inside the symmetrical triangle, no big moves happen except big push up during London Open. May have to close and re analyze trade situation before London Close. Today overall position still in negative balance. Look forwrd for tomorrow to recover some loses. Maybe getting out of this mess with small loses. Trade Safe friends and all the best in your trading. PAT {image}
GU

End of scalping, recovery
We fight another war tomorrow.

take care all and be safe.

PAT

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #609,823
  • Jul 15, 2021 12:58pm Jul 15, 2021 12:58pm
Quoting Moty
{image}
you got it I think hard push down for a longer ride up
Insane in the Brain..
  • #609,824
  • Jul 15, 2021 1:00pm Jul 15, 2021 1:00pm
Quoting Georginson
{quote} Bears will win eventually... How many times it tried to break 1.39 and yet couldn't... Same as last month when it kept trying to break 1.4180 several times before final crash to 1.3731... this is heading to 1.35 in days ahead.
Bears be alert now... This 1.3805 is a mini support, failure to break this zone will take us to 1.3940. should 1.3800 break convincingly to 1.3760, that's the breakthrough needed to get 1.35.

Short term advise, exit short here at 1.3807 (intraday and scalps), wait for next direction.
Data + Stat + Risk/Emotions Management
  • #609,825
  • Jul 15, 2021 1:08pm Jul 15, 2021 1:08pm
Hope this picture answers all.
Some call it correction, the rest call it Titanic.


Quoting maheeee
waiting for 2nd round
No second round mate.

Quoting BeeTogether
Daymn that dropped like a stone… any ideas what happened?
Correction may be.


Quoting OnlineAddict
Still buying the dips above 3800...still expecting 3900 to break.
just be extra careful as price never had a chance to break 1.3900 earlier, it is not likely correction based on Daily TF analysis.


Quoting Nd10
{quote} Why am I with you on this?
The Captain already bailed out.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #609,826
  • Jul 15, 2021 1:08pm Jul 15, 2021 1:08pm
Good afternnon, hope everyone had a great session. (First post ever so give me a break)

Currently, Im waitin too see how NY Session close to have confirmations on what to expect. I Will wait too see how price reacts to 1.38062 to 1.37937 too have cleaner info of how it can react.
Momentary, Im speculating if price can make an pullback to 1.38437 to 1.38562 to have my last confirmations if price wants to continue bearish or no.

I will only speculate this pullback if price reacts as support from 1.38062 to 1.37937. If it closes firmly below, will wait for better info on monday, cause tommorrow its friday and dont want to speculate too much before the close.

Thank u to everyone who waisted their time reading my thoughts, hope I can have your prespective too.

"Do not try to take advantage of all the conditions on the market, look for one or two conditions and follow them"

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  • #609,827
  • Jul 15, 2021 1:12pm Jul 15, 2021 1:12pm
Quoting gettoefl
45-hour cycle still beautiful peaking out three hours into the new week {image}
no there is nothing to this cycle business save that it gave you the exact low both times this current week lol

well done everyone who unsubscribed and unliked
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twitter: @gettoefl
  • #609,828
  • Jul 15, 2021 1:25pm Jul 15, 2021 1:25pm
Quoting Pat Chiko
{quote} Hi pipfarm just below to your post, I posted a chart, where I got caught by the bull surge. Still couldn't figure out the reason. There's no demand zone , S&R or Flag Limit or FTR zone. Maybe with your experience ,you can share the logical reason for the spike up. All I can think at the moment is manipulation. Thanks in advance. PAT
Hello Pat, I understand exactly... I got caught too in the same way with trades worth 2.5 lots. Sometimes I wonder, as there is not one single day without some sort of manipulation, if we were not better off, when the market is ranging, having a very large S/L beyond a solid zone of confluence or interest (in our case 1.394-1.395, a daily supply zone). This way, if our analysis is correct, as the market tends to go back to the zone before the manipulation we minimize the impact of the manipulation.
  • #609,829
  • Jul 15, 2021 1:28pm Jul 15, 2021 1:28pm
Quoting OnlineAddict
Still buying the dips above 3800...still expecting 3900 to break.
In the same boat, 1.4 more attractive then 1.36. Let's move a step up.
We are in 1.2 - 1.3 zone for 5 years now, really missing 1.6 - 1.7 the old good days, when you can get a good exchange rate abroad, less costly holidays etc..
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  • #609,830
  • Jul 15, 2021 1:35pm Jul 15, 2021 1:35pm
Quoting Pat Chiko
{quote} GU End of scalping, recovery We fight another war tomorrow. take care all and be safe. PAT {image}
fab mate fab well done your profits a brill
  • #609,831
  • Jul 15, 2021 1:35pm Jul 15, 2021 1:35pm
Hi all,

Today:

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God bless everyone!
The only impartial feeling is love. It is also the only feeling of God.
  • #609,832
  • Edited 1:55pm Jul 15, 2021 1:42pm | Edited 1:55pm
Quoting Pat Chiko
{quote} That's very reasonable target. The lowest price for the past two week. Hope it will get there tomorrow and bring joy to you. BTW, is there particular reason why you choose 1.3735 as TP target. Just want to learn some insight. Thanks PAT P/S BTW why not target to the untested demand zone as shown in the chart. {image}
Well done.. i am negative today..
  • #609,833
  • Jul 15, 2021 1:44pm Jul 15, 2021 1:44pm
Quoting giveachance
{quote} billy good to see u posting here again. I believe u were out for some time. also i did see naveen few days back
Hi GC ,THANKS GOOD TO SEE SOME OF THE OLDER MEMBERS STILL AROUND ,HOPE YOUR WELL AND TRADEING IS EVEN BETTER .REGARDS B,,
  • #609,834
  • Jul 15, 2021 1:50pm Jul 15, 2021 1:50pm
Quoting Pat Chiko
{quote} That's very reasonable target. The lowest price for the past two week. Hope it will get there tomorrow and bring joy to you. BTW, is there particular reason why you choose 1.3735 as TP target. Just want to learn some insight. Thanks PAT P/S BTW why not target to the untested demand zone as shown in the chart. {image}
why untested?
  • #609,835
  • Jul 15, 2021 2:00pm Jul 15, 2021 2:00pm
ITS SNEEEEKY CABLE
  • #609,836
  • Jul 15, 2021 2:08pm Jul 15, 2021 2:08pm
Buy 1.38100
Target according to the situation till London close
  • #609,837
  • Jul 15, 2021 2:16pm Jul 15, 2021 2:16pm
ANYBODY THINK MORE DOWN THAN UP , 3820 AREA THEN DOWN
  • #609,838
  • Jul 15, 2021 2:26pm Jul 15, 2021 2:26pm
Quoting elbert3
ANYBODY THINK MORE DOWN THAN UP , 3820 AREA THEN DOWN
Hope it reaches 38600 then down
  • #609,839
  • Jul 15, 2021 2:30pm Jul 15, 2021 2:30pm
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Quoting mlami
{quote} Hope it reaches 38600 then down
Took the entry at 3811 and let’s see
  • #609,840
  • Jul 15, 2021 2:35pm Jul 15, 2021 2:35pm
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