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Cable Update (GBPUSD)

  • #614,521
  • Aug 5, 2021 5:45am Aug 5, 2021 5:45am
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"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #614,522
  • Aug 5, 2021 5:50am Aug 5, 2021 5:50am
News candle usually one stright candle.up or down.this time i think is up.because M30 to H4 direction is up.
  • #614,523
  • Aug 5, 2021 5:51am Aug 5, 2021 5:51am
buy first until 1.4. and than find bearish confirmation for short
Like me, cuts losses quickly. But has more patience and lets his winn
  • #614,524
  • Aug 5, 2021 5:52am Aug 5, 2021 5:52am
Hey guys, analysis here is so "insightful".... I'm selling 1.3920...SL 1.3960...tp.3850...
  • #614,525
  • Aug 5, 2021 5:52am Aug 5, 2021 5:52am
it just behavior of news trade , sometimes its make a sign like M or W pattern ,wedge or something 5 minute before news , its always does

additional 3 taps on M1
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #614,526
  • Aug 5, 2021 5:58am Aug 5, 2021 5:58am
Hello guys,

We are stuck once again, not much movement in price.

In my view we will reach 1.4 today on hawkish news (I expect no changes in interest rates and possible lower tapering (watch the votes!)), we about to see. I expect to retrace back to 1.39 sooner than later before Fridays news.

Good trades to you all!

..had a dream of green candles this morning...not sure what is happening with me..stress levels rising???
  • #614,527
  • Aug 5, 2021 6:01am Aug 5, 2021 6:01am
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30 pip whip 2 pips out but lol
  • #614,528
  • Aug 5, 2021 6:07am Aug 5, 2021 6:07am
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yes yes yes
  • #614,529
  • Aug 5, 2021 6:08am Aug 5, 2021 6:08am
Ouch… picked the wrong option there. Will wait for retrace to below 139 for next entry. Which judging by this won’t be anytime soon
Insane in the Brain..
  • #614,530
  • Aug 5, 2021 6:08am Aug 5, 2021 6:08am
I shorted first
but a couple second after i change my mind and opened 0.02 lot long. trying to escape these trades.
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edit: I closed short at 3927 + 2 pips. today total +22
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( i forgot its gbp news timing. my bad. still running 0.02 lot 1.39382 entry)
rookie trader. 1 year fx trading experience.
  • #614,531
  • Aug 5, 2021 6:08am Aug 5, 2021 6:08am
that wicked sure pawn the buyer and selleer in one candle
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #614,532
  • Aug 5, 2021 6:11am Aug 5, 2021 6:11am
Quoting Pat Chiko
{quote} GU Push up to supply zone for the news. One hour to go to make or to break... {image}
GU

News Scalp at spike zone

Closed at H4 Supply zone

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #614,533
  • Aug 5, 2021 6:11am Aug 5, 2021 6:11am
Quoting BeeTogether
Ouch… picked the wrong option there. Will wait for retrace to below 139 for next entry. Which judging by this won’t be anytime soon
Can just be retest and down from here
  • #614,534
  • Aug 5, 2021 6:13am Aug 5, 2021 6:13am
Quoting mysterio
{quote} Can just be retest and down from here
it was and the dropped will hard cause the momentum gain from up first to gain power to take major support with really easier

and H1 possibility will close as M pattern , that what im identify
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #614,535
  • Aug 5, 2021 6:15am Aug 5, 2021 6:15am
While we are waiting for TP2 to get HIT on GU ...
There is money order flowing on UJ..

Sell UJ now
TP1 109.134
TP2: 108.954
TP3: 108.720
My telegram: https://t.me/avidforex
  • #614,536
  • Aug 5, 2021 6:15am Aug 5, 2021 6:15am
Quoting Pat Chiko
{quote} GU News Scalp at spike zone Closed at H4 Supply zone {image}
GU

Wait for price to retest the supply zone.

The spike was quick, and price will test it again.

Waiting..

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #614,537
  • Aug 5, 2021 6:18am Aug 5, 2021 6:18am
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longed 0.04 lot from 3908.. im not diciplined today. very bad day for me. learning from my mistakes.

Avg long: 0.06 lot from 1.39186

today's closed positions + 22 pips
rookie trader. 1 year fx trading experience.
  • #614,538
  • Aug 5, 2021 6:18am Aug 5, 2021 6:18am
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that was a big one as I said yesterday it’s going to take a big move into that support area
  • #614,539
  • Aug 5, 2021 6:19am Aug 5, 2021 6:19am
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Like me, cuts losses quickly. But has more patience and lets his winn
  • #614,540
  • Aug 5, 2021 6:22am Aug 5, 2021 6:22am
Today's Price action is like a war film... WTF!!! If you don't have a good knowledge of price action 'candle formation" You don't fit-in in today's market..

Prices are constantly shaking off weak holders; may while its heading to its destination... indicators don't know what to read anymore...LOL


Please sell USDJPY
My telegram: https://t.me/avidforex
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