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Cable Update (GBPUSD)

  • #615,641
  • Aug 11, 2021 4:39am Aug 11, 2021 4:39am
Quoting MTF Test
Do you guys recommend any trade copiers ?
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  • #615,642
  • Aug 11, 2021 4:49am Aug 11, 2021 4:49am
Quoting Amcee
{quote} {image}
No because, Because you need to have your own way of trade. By copying someone you become dependent on these trades in which you are copying. If this trade kills the capital. You'll lose your capital too.
  • #615,643
  • Aug 11, 2021 4:51am Aug 11, 2021 4:51am
DAILY ANALSIS
Strategy and Rules
1 Supply and Demand
2 News (Starting to learn how to read news though)
3 Open your mind and be brave. The fear of losing is the reason why we are losing according to PAT...
4 Don't hate! You can't learn with a heart full of hate
5. Limit the use of indicators
6. Study
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My telegram: https://t.me/avidforex
  • #615,644
  • Aug 11, 2021 4:53am Aug 11, 2021 4:53am
Scalping some today. Will see if the steam of bear is ready to redemp. Going to see if the daily candle close above the line
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #615,645
  • Aug 11, 2021 4:58am Aug 11, 2021 4:58am
Hello friends, apologies for our late post today. Cable did well yesterday holding above the bullish bias point @1.3834 we posted yesterday to begin its journey up for the week today despite sellers breaking that level yesterday but couldn't hold below till closing.

That was an indication that we have a bullish North Anerica trading session today as buyer's target rises because we have seen a strong day support @ 1.3829 pushing seller's resistance down to 1.3801.

Although price closed lower yesterday with day's low @ 1.3827 foretold us of a bearish european session today to target a bearish bia point @1.3810 ( which if not not broken by 7pips signify the bullish rebound ahead) but can price hold below 1.3829 support? if buyers breaks the 1.3833 bullish bias point of today its a clear signal for longs. However it is impossible for price to break the bearish bias now as price has to maintain the current low @ 1.3806. Happy trading
  • #615,646
  • Aug 11, 2021 5:05am Aug 11, 2021 5:05am
i see 1.37600 or 1.37400 for support
Like me, cuts losses quickly. But has more patience and lets his winn
  • #615,647
  • Aug 11, 2021 5:07am Aug 11, 2021 5:07am
Quoting M.Fadly
i see 1.37600 or 1.37400 for support
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Like me, cuts losses quickly. But has more patience and lets his winn
  • #615,648
  • Aug 11, 2021 5:18am Aug 11, 2021 5:18am
One more push
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  • #615,649
  • Aug 11, 2021 5:21am Aug 11, 2021 5:21am
... Wkly S2 and Dly S2 both @ 3801 on my charts (gmt+3) as price tests deeper in this prev dly sw lo zone to 3800 described in an earlier post. $ bulls expecting a big Cpi # ?

20/50/100 ema crosses currently as below.
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Trader with an Edge.
  • #615,650
  • Aug 11, 2021 5:21am Aug 11, 2021 5:21am
Quoting Nordling00
Nordling is killing it again SNIPER ENTRY: {image}

200 pip sl,s ???
If you are new to Forex? Say Goodbye to your account!!
  • #615,651
  • Aug 11, 2021 5:22am Aug 11, 2021 5:22am
Quoting Georginson
This week forecast Possible high 1.3900 - 1.3920 Possible low 1.3770 - 1.3750 Bias: Bearish as far as 1.3950 holds.
Going as planned weldone bears...

Quoting Georginson
GBPUSD AUGUST 2021 FORECAST... Possible Highs 1.3980/1.4015 Possible Lows 1.3516/1.3446 Note: - There is possibility of seeing 500 - 800 pips range this August. Peace, George.
Let's ensure 1.3910 doesn't break to fetch 1.3516 out this August.
Data + Stat + Risk/Emotions Management
  • #615,652
  • Aug 11, 2021 5:34am Aug 11, 2021 5:34am
Quoting KiwiTrada
{quote} 200 pip sl,s ???
My trades are always open. Weekends, New Year's Eve, High impact news etc. so i have to protect my account for unexpected crashes and etc.

I usually take profits or losses by hand, but i always put a guaranteed sl for protection.
You have to have an IQ higher than 90 to interact with this user.
  • #615,653
  • Aug 11, 2021 5:36am Aug 11, 2021 5:36am
Out. Possibly a mistake but seeing a wider spread and more volume, could be a selling climax.
  • #615,654
  • Aug 11, 2021 5:49am Aug 11, 2021 5:49am
Quoting MTF Test
I'm still with my initial setup for GU {image}
I'm out ! It took longer than I thought. However I presume more bears are waiting.
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Fools Rushing
  • #615,655
  • Aug 11, 2021 5:52am Aug 11, 2021 5:52am
... mini 5min channel broken to downside before the rise back up from demand into 3800.

5min below.
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Trader with an Edge.
  • #615,656
  • Aug 11, 2021 6:12am Aug 11, 2021 6:12am
I’m out with small profit, too slow market and many USD news about to hit the board in 1hr.

Take care!



Quoting mysterio
{quote} Good to see you back Ilvez and good luck It is a bit risky going against the momentum but I remain long for now, I believe they will move the market up soon. Might be wrong obviously, there is a daily zone from 1.3780 which may need contacted, if no movement before CPI then I just try to get out
  • #615,657
  • Aug 11, 2021 6:19am Aug 11, 2021 6:19am
Quoting Mr.Burger
stop 25p --- 3875 {image}
3800 zone has come guys, we are in a the crossroads
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Daddy, Brother, Lover, Little Boy
  • #615,658
  • Aug 11, 2021 6:25am Aug 11, 2021 6:25am
Quoting Tekin
{quote} yesterday stopped at be and now i try buy at 1.3808 sl 1.3780 tp open not much hope
sl at 1.3811. if i dont have much hope no risk then
  • #615,659
  • Aug 11, 2021 6:28am Aug 11, 2021 6:28am
There is a possibility of more bears attacking
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Intraday Trading is an Art _ hoda
  • #615,660
  • Aug 11, 2021 6:30am Aug 11, 2021 6:30am
1.37700 if the price manage to get there tonight. Ill buying from 50 daily swing
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
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