Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#612,281
Jul 27, 2021 8:07am Jul 27, 2021 8:07am

asalami23
| Joined Jun 2020 | Status: Part-Time Trader | 158 Posts

Testing Resistance good area for sell opportunity. Entry 1.3820-40 SL above 1.3890 TP1 1.3740 TP2 1.3700 TP3 1.3650

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#612,282
Jul 27, 2021 8:09am Jul 27, 2021 8:09am

navk
Joined Oct 2010 | Status: Trader | 21,479 Posts

The high of hourly bearish candle is 3825.

so, 3830 should not break for today to maintain bearish trend.

Intraday only.

#612,283
Jul 27, 2021 8:14am Jul 27, 2021 8:14am

Pat Chiko
| Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts

Quoting tengkorak

Disliked

{quote} Wow! The chart you quoted will be 10 years old next week. Haha! I took a rest la bro, get married, wife didnt like me staring at the screen too much, then came the kids so yeah, have to let go trading for a while. Now wife dont care anymore and the kids have grown, I can go back to trading again. Wuhuu .. Been only 2 weeks since I start again so lots to relearn again from all of you sifus here. Nanti2 la aku post chart, kagum tengok chart ko power sangat. (Later may be I will post chart, now still learning)

Ignored

No problem.

Hang around here.

Many good traders in this thread, world class ( I'm NOT in the list).
Post your chart and we can discuss.

Since you've left years in trading try to focus on system rules, rather than win/lose (money).
Once you stop caring whether you win or lose, but instead "worry" about whether you are following all your system's rules and your money management accurately and strive for perfecting that instead, then you will end up making money at some point while barely even realizing you are.

As it is no longer then about making money or losing money, but about becoming proficient at what you are doing.
Making the money will just be the byproduct.

Shifting focus will change things a lot.

Selamat Berjaya Bro.

I come from the future.

Karen X Mas Bonus 2025 All Time Profit: $15,104

#612,284
Jul 27, 2021 8:24am Jul 27, 2021 8:24am

Passenger12
| Joined Feb 2021 | Status: Trader | 181 Posts

Switch to short....

Because this divergence

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Everything is possible but not guaranteed

#612,285
Jul 27, 2021 8:29am Jul 27, 2021 8:29am

genadi
Joined Nov 2020 | Status: Trader | 2,471 Posts

Quoting mysterio

Disliked

{quote} Not sure the invisible hand moves in mysterious ways If we break 1.3830 then 1.3854-67 is next ? I just scalp for 20-30 pips with tiny SL though so I don't really hold on for lofty targets, range here is totally possible too Thats a very bearish reversal pattern on dxy off of exactly where we want it though

Ignored

hand moves in mysterio's ways

on what timeframe is reversal pattern?

#612,286
Jul 27, 2021 8:31am Jul 27, 2021 8:31am

Tekin
Joined Jul 2018 | Status: Trader | 1,431 Posts

Quoting Tekin

Disliked

{quote} Come on bears where are you this is not enough i think

Ignored

All in short at 1.3828 stop 1.3873

#612,287
Jul 27, 2021 8:36am Jul 27, 2021 8:36am

genadi
Joined Nov 2020 | Status: Trader | 2,471 Posts

Quoting Tekin

Disliked

{quote} All in short at 1.3828 stop 1.3873

Ignored

all in? risking 45% of the account with this trade?

#612,288
Jul 27, 2021 8:41am Jul 27, 2021 8:41am

Pat Chiko
| Joined Dec 2008 | Status: MMA Pro Wrestler | 17,549 Posts

Quoting Waveskierrob

Disliked

{quote} ...is "M" on there also, as he's been on radio silence for awhile

Ignored

Yeah,

Saw that in the news before they took off.

He look very happy.

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I come from the future.

Karen X Mas Bonus 2025 All Time Profit: $15,104

#612,289
Jul 27, 2021 8:43am Jul 27, 2021 8:43am

pipfarm
Joined Oct 2010 | Status: Trader | 4,465 Posts

The trend is down but the old support has been breached to the upside

So who thinks the current swing up is a correction for continuation down and who thinks the current swing up is a break of support and any move down is a retest before continuing long.

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Follow The Markets Structure - Patience and Discipline

#612,290
Jul 27, 2021 8:44am Jul 27, 2021 8:44am

corongumet
Joined Dec 2018 | Status: Trader | 1,483 Posts

Short??

#612,291
Jul 27, 2021 8:52am Jul 27, 2021 8:52am

Moty
Joined Dec 2017 | Status: Trader | 30,688 Posts

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yes yes yes

#612,292
Jul 27, 2021 8:56am Jul 27, 2021 8:56am

Tekin
Joined Jul 2018 | Status: Trader | 1,431 Posts

Quoting genadi

Disliked

{quote} all in? risking 45% of the account with this trade?

Ignored

yes because this is market nobody knows where will it go

#612,293
Jul 27, 2021 9:04am Jul 27, 2021 9:04am

here2there
Joined Dec 2019 | Status: Trader | 5,597 Posts

Quoting Tekin

Disliked

{quote} yes because this is market nobody knows where will it go

Ignored

That's true. But there is a higher probability it will continue to go up. See H4 chart.

Learn from your mistakes and march on.

#612,294
Jul 27, 2021 9:05am Jul 27, 2021 9:05am

ryuryu
Joined Apr 2020 | Status: Trader/Coder | 1,929 Posts

Quoting Tekin

Disliked

{quote} yes because this is market nobody knows where will it go

Ignored

O know! To the right. Always to the right!

Observer effect

#612,295
Jul 27, 2021 9:07am Jul 27, 2021 9:07am

Mr.Burger
Joined Jul 2021 | Status: 2022 target achieved! | 1,036 Posts

Quoting Mr.Burger

Disliked

{quote} {image} I lower the risk by changing SL just above the previous peak of 3785 above 3850 zone is my next station for the 5th wave

Ignored