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Cable Update (GBPUSD)

  • #611,601
  • Jul 22, 2021 1:23pm Jul 22, 2021 1:23pm
short on bearish retest
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Daddy, Brother, Lover, Little Boy
  • #611,602
  • Jul 22, 2021 1:31pm Jul 22, 2021 1:31pm
Quoting babayaga
{quote} what do you mean precisely?.., by "over trading" hours.., positions.., or tell me, please thank you P.S. I'd like to earn pips when "the pair" moves fast ( 25-30 pips in half hour for example for cable...) and if it's range.., at least 30 pips range.., because of this I see "three time opportunity" during the day when I could get what I expecting and I expecting 30-60 pips per day... 4 days per week ...I want even more
beware with greed try take more than the market can give for you. Like you trade many times per day

I recommend you do an analysis of your income and losses per week. Check which time of day you had the best results. The following week, do the same, so you can get an idea if it's really worth you to have that number of trades or be more selective.


It's just a recommendation. Losses and gains are your responsibility.
  • #611,603
  • Jul 22, 2021 1:33pm Jul 22, 2021 1:33pm
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will there be a third enter
  • #611,604
  • Jul 22, 2021 1:34pm Jul 22, 2021 1:34pm
Quoting babayaga
{quote} ok, got it..,thank you ...did I write somewhere before that I am swing trader I don't think so take care
I dont understand if you are swing trader as do you show one list with your trades in one only day?
  • #611,605
  • Jul 22, 2021 1:37pm Jul 22, 2021 1:37pm
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1 .. will it break back into the upper range we just left .?? 2. We are back down in that box
  • #611,606
  • Jul 22, 2021 1:39pm Jul 22, 2021 1:39pm
Quoting superamigo
{quote} beware with greed try take more than the market can give for you. Like you trade many times per day I recommend you do an analysis of your income and losses per week. Check which time of day you had the best results. The following week, do the same, so you can get an idea if it's really worth you to have that number of trades or be more selective. It's just a recommendation. Losses and gains are your responsibility.
are you qualified to give a recommendation? it looks like the other guy has at least 10+ years of experience
who dares wins
mashFX DSRII Return This Year: na
  • #611,607
  • Jul 22, 2021 1:44pm Jul 22, 2021 1:44pm
That was the very last peak to the left of the top to be tested , found on 5m , its down now or we are busted
Follow The Markets Structure - Patience and Discipline
  • #611,608
  • Jul 22, 2021 1:48pm Jul 22, 2021 1:48pm
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yes yes yes
  • #611,609
  • Jul 22, 2021 1:49pm Jul 22, 2021 1:49pm
Quoting mashfx
{quote} are you qualified to give a recommendation? it looks like the other guy has at least 10+ years of experience

Everyone can give recommentation if it is a good recommedation. Experience it is good but it is good we always be open to opnions same if disagreed about it

we can have 20 years experience we always are learning everydays. If someone wanna give me recomendations be free to do.
  • #611,610
  • Jul 22, 2021 1:50pm Jul 22, 2021 1:50pm
let's try to sell
...closed last buys.., hedge sell still left
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dolce vita
  • #611,611
  • Jul 22, 2021 1:54pm Jul 22, 2021 1:54pm
Quoting babayaga
let's try to sell ...closed last buys.., hedge sell still left {image}
closed manually
1 pips
dolce vita
  • #611,612
  • Jul 22, 2021 1:55pm Jul 22, 2021 1:55pm
Quoting mashfx
{quote} are you qualified to give a recommendation? it looks like the other guy has at least 10+ years of experience
Same if he desn't need my recommentation it can be util to newbies that are reading the forum.
  • #611,613
  • Jul 22, 2021 1:56pm Jul 22, 2021 1:56pm
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same look 1. Do we go with the rule short or do we wait and apply the rule when it trades over the ema .. so do you take the chance and trade and use your stop . 2. Or do yo miss a good entry .?
  • #611,614
  • Jul 22, 2021 2:06pm Jul 22, 2021 2:06pm
Hello friends, hope you had a good trading day as we expected a break further from cable but day's profit target @ 1.3788 was reached and with the wall street traders having to close the day @ 1.3720 they sought to sell as they normally would have hit 1.3720 but again bid pressure withstood them at the European session low of 1.3755 earlier posted. The sentiment remains bullish for tomorrow and the key events are meant to catalyses upward move tomorrow seeing that Friday's target price has risen than today's. Finally cable is reaching for 1.3914 profit target tomorrow but we see sellers coming on the defensive @ 1.3889, where the week may likely close.
  • #611,615
  • Edited Jul 23, 2021 1:17am Jul 22, 2021 2:12pm | Edited Jul 23, 2021 1:17am
Following Wyckoff phases we should see another buying climax / failed rally before the drop - if it comes.
I can see one buying climax but this needs confirmation so sitting on my hands for now.
What I would like to see before selling is a large high volume candle break to the downside followed by a low volume test of resistance.
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  • #611,616
  • Jul 22, 2021 2:12pm Jul 22, 2021 2:12pm
Quoting superamigo
{quote} beware with greed try take more than the market can give for you. Like you trade many times per day I recommend you do an analysis of your income and losses per week. Check which time of day you had the best results. The following week, do the same, so you can get an idea if it's really worth you to have that number of trades or be more selective. It's just a recommendation. Losses and gains are your responsibility.
thank you
I trade as I trade.., I cannot do it in other "maneur"

I do my analysis...
and what I'd like to add after saying that everything that you have written is right..,but "there is no life in your words..."

and about "GREED".., completely disagree
there are many theories...
today let's try this one

“financial markets are driven by two powerful emotions – greed and fear.”

you can read about it even here
https://en.wikipedia.org/wiki/Greed_and_fear

take care
dolce vita
  • #611,617
  • Jul 22, 2021 2:12pm Jul 22, 2021 2:12pm
let’s get ready to tumble
  • #611,618
  • Jul 22, 2021 2:13pm Jul 22, 2021 2:13pm
Quoting superamigo
{quote} Everyone can give recommentation if it is a good recommedation. Experience it is good but it is good we always be open to opinions same if disagreed about it we can have 20 years experience we always are learning everydays. If someone wanna give me recomendations be free to do.
Opinions are like arseholes - everybody has one !
every Saint has a past. Every Sinner has a Future
  • #611,619
  • Jul 22, 2021 2:19pm Jul 22, 2021 2:19pm
Struggling to get back to pre US open high. Rhetoric heating up between EU and UK over Northern Ireland protocol. This pair has never reacted well to these sort of headlines. Market not buying it right now, but be aware if looking for longs, cant see much upside from here.
  • #611,620
  • Jul 22, 2021 2:22pm Jul 22, 2021 2:22pm
Quoting pipfarm
That was the very last peak to the left of the top to be tested , found on 5m , its down now or we are busted
Hahah i am with you
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"Exchange of hands"
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