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Cable Update (GBPUSD)

  • #616,501
  • Aug 13, 2021 8:38am Aug 13, 2021 8:38am
Quoting jpdlegault
{quote} I believe that MM are reading every single posts we make. Saying too much publicly is almost suicidal
Do not worry about MM

We got "M".

He's far too powerful compares to any Jedi.





P/s Joking only, as price reluctant to reach my target....
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #616,502
  • Aug 13, 2021 8:39am Aug 13, 2021 8:39am
Quoting genadi
{quote} well, my system showed no trading opportunity, so i stay away i dont trade the way you trade (yet)
lol, so many mistakes in one sentence... my english is perfect
  • #616,503
  • Aug 13, 2021 8:42am Aug 13, 2021 8:42am
Quoting Pat Chiko
{quote} Let price come to 1.38500. Since the last H4 is momentum candle, chances are follow thru with minor pullback in play. I may close my long trade, and re-enter if another set up comply with my trade strategy. Until such time, I don't have a lot of knowledge on price movements. But thru price action may be able to understand the buy and sell orders move the market, not expectations, etc PAT
You're right! I was looking at M5 chart for scalping purposes. Let's see how it plays out. I closed my long trades as well earlier and am waiting for the right moment to re-enter. Great stuff!
  • #616,504
  • Aug 13, 2021 8:43am Aug 13, 2021 8:43am
Quoting Pat Chiko
{quote} Do not worry about MM We got "M". He's far too powerful compares to any Jedi. P/s Joking only, as price reluctant to reach my target....
LOL
  • #616,505
  • Aug 13, 2021 8:44am Aug 13, 2021 8:44am
Quoting jpdlegault
{quote} You're right! I was looking at M5 chart for scalping purposes. Let's see how it plays out. I closed my long trades as well earlier and am waiting for the right moment to re-enter. Great stuff!

Cool Daniel ,as long as it works for u thats all that counts.
Be cool when things are slow to share some of your knowledge with everyone thats why we are in this thread.
Everyone to help everyone.

PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #616,506
  • Aug 13, 2021 8:46am Aug 13, 2021 8:46am
Quoting fxmasterdxb
Out @ 30, seems like a temporary top, might enter later
Staying on the sidelines for the moment, i can see PA moving to 1.3860 maximum today
  • #616,507
  • Aug 13, 2021 8:50am Aug 13, 2021 8:50am
Quoting Bacco
{image}
Summary of life in Turkey
You have to have an IQ higher than 90 to interact with this user.
  • #616,508
  • Aug 13, 2021 8:51am Aug 13, 2021 8:51am
Quoting Nordling00
{quote} Summary of life in Turkey
Or venezuela
Twitter: Rummer_grapes
  • #616,509
  • Aug 13, 2021 8:57am Aug 13, 2021 8:57am
Quoting babayaga
{quote} if she'll come to 1.3848.., can go higher but watch 1.3840 can be H for today
thanks sister, im out.

what is this price 3840 on your chart? Pvt?
  • #616,510
  • Edited 9:22am Aug 13, 2021 8:58am | Edited 9:22am
Quoting Nordling00
{quote} I see that you also marked the inflation data too, which was low/pretty much the same with the consensus and GBP appreciated that day. But it also created a nice selling point and i was thinking about adding to my sells there. And as you marked it, wasn't it also a good selling point? Am i wrong? And also US inflation is around 5% now, so it's so much more than the FED wants (2%) and that high inflation numbers didn't help the GDP either. GDP was lower than expected. And previous months GDP Growth was 6.4 and it's just 6.5 this...
GDP is fake (input 5 trillion new money multiply 1.5 to see GDP =bullsh*t output) go with raw data like how many in work ,how much money spent in retail sales etc...
inflation is transitory to higher inflation ,its just when will other people accept that crazy fed speak is bull.

side note
my advise is not to say a fake news two week old story is behind any current move especially if that is a $ bearish story when the move is opposite in that timeframe + we had a NFP.
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #616,511
  • Aug 13, 2021 8:58am Aug 13, 2021 8:58am
Quoting Waveskierrob
{quote} Gone long @ 1.3835 no tp no sl just to help you hit your tp...had to edit {image}
Tp in place at 1.3847
  • #616,512
  • Aug 13, 2021 9:01am Aug 13, 2021 9:01am
Quoting Pat Chiko
{quote} GU The set up based on H4 Harami at S&R zone. Inside Bar. Multiple rejection becoming fake out of Support zone. Entry, follow up with M30 for better price entry with added position on positive amount. Pull up the SL closer, to minimize damage. {image}
GU

End of scalping.

Attached Image (click to enlarge)
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Letting winners to run is hard and cutting losses short is also hard.
But this is where emotion plays a big part.
We instinctively want to capture our profits quickly for instant gratification.
But we don't take our losses based on some hope or belief that we are right.
Remember the Market is Never Wrong....it is only what it is.

I don't believe there is a box you can turn on and off , but there IS A HOLY GRAIL.....it is money management.

PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #616,513
  • Aug 13, 2021 9:02am Aug 13, 2021 9:02am
Quoting gatenio
{quote} Pretty sure gold will kill sellers today. but, let see, if it will run down i will follow.
I knew it.
I hope it will spike, i will short it close to 1775 if pa show it or 1790 today. If we get there
  • #616,514
  • Aug 13, 2021 9:04am Aug 13, 2021 9:04am
Quoting Waveskierrob
{quote} Tp in place at 1.3847
Thanks for helping me to push the price to target.

I owe you one.

PAT



Attached Image
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #616,515
  • Aug 13, 2021 9:04am Aug 13, 2021 9:04am
US data looked poor should help cable to 13850-70
Insane in the Brain..
  • #616,516
  • Aug 13, 2021 9:07am Aug 13, 2021 9:07am
Quoting Nordling00
{quote} Summary of life in Turkey
xDDDDDDD
  • #616,517
  • Aug 13, 2021 9:07am Aug 13, 2021 9:07am
With the strength of GBP and weakness of USD that lead to three strong 1h bars, this pair gbpusd in not seeing 1.38000 soon except if something spooked the market. There is always that unforeseen chance......
I'm seeing 1.38700.......
  • #616,518
  • Aug 13, 2021 9:09am Aug 13, 2021 9:09am
Quoting Bacco
{quote} Or venezuela
well, that is insane, hope people keep savings in USD
  • #616,519
  • Aug 13, 2021 9:10am Aug 13, 2021 9:10am
Quoting Waveskierrob
{quote} Tp in place at 1.3847
closed 1.3847 + 12pips, now my work is done
  • #616,520
  • Aug 13, 2021 9:10am Aug 13, 2021 9:10am
Quoting Nordling00
{quote} Summary of life in Turkey
but it is not that much, so no worries
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