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Cable Update (GBPUSD)

  • #619,301
  • Aug 26, 2021 12:55am Aug 26, 2021 12:55am
Quoting hasib
{quote} Morning all GJ buy is running, Today is GDP day. Expecting move today. After GU stop out Now seems like my sell was not ideal but it happen when price go our directions it seems like it is nice trade when price go against us it seems like we make mistake. End of the day our risk reward is matter.
Same thoughts, but still 4h not the ideal scenario to move up.
need some time.

if current 4h will be bearish i will think about short again. 3 hours to go.
  • #619,302
  • Aug 26, 2021 1:19am Aug 26, 2021 1:19am
added stacked buy @1.37500 more again
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #619,303
  • Aug 26, 2021 1:23am Aug 26, 2021 1:23am
Fast one
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD..M5.png Size: 38 KB
Fools Rushing
  • #619,304
  • Aug 26, 2021 1:24am Aug 26, 2021 1:24am
Inserted Video
not euphoria follower
  • #619,305
  • Aug 26, 2021 1:26am Aug 26, 2021 1:26am
Quoting MTF Test
Fast one {image}
Still not join the cable club....
Just enjoy the UJ long in lazy mode ...
not euphoria follower
  • #619,306
  • Aug 26, 2021 1:29am Aug 26, 2021 1:29am
Quoting MTF Test
Fast one {image}
ur marked line remind me of order block ICT
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #619,307
  • Edited 1:42am Aug 26, 2021 1:30am | Edited 1:42am
Quoting Georginson
{quote} Now 1.3765 area has occured, up next is a crash back down to 1.3630 then 1.3516.
On the crash side too as said before I think this is a FO up, this is somewhat expected. Whats above this last range- lots of stops and breakout buyers for bigger players to use to sell

1.36 lets go

No positions yet, for LO maybe another break up and some signs of a turnaround in pa to sell for me

Obviously everyone should trade their own plan
  • #619,308
  • Aug 26, 2021 1:38am Aug 26, 2021 1:38am
from these point will be the low for the today price if going to hit higher
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #619,309
  • Aug 26, 2021 1:40am Aug 26, 2021 1:40am
Inserted Video
not euphoria follower
  • #619,310
  • Aug 26, 2021 1:41am Aug 26, 2021 1:41am
Attached Image (click to enlarge)
Click to Enlarge Name: CamScanner 08-26-2021 09.36.jpg Size: 113 KB
yes yes yes
  • #619,311
  • Aug 26, 2021 1:43am Aug 26, 2021 1:43am
Quoting kris89
from these point will be the low for the today price if going to hit higher
maybe.. looking for a dip further for longs. Although with the US session in JH there could be swings
Insane in the Brain..
  • #619,312
  • Aug 26, 2021 1:46am Aug 26, 2021 1:46am
Quoting MTF Test
Fast one {image}
Done. Closed. Got to go. See ya guys.
Fools Rushing
  • #619,313
  • Aug 26, 2021 1:47am Aug 26, 2021 1:47am
Quoting Pat Chiko
{quote} If your method is more “discretionary” than “mechanical”, then the flexibility will allow you to adapt it to differing market cycles and behavior. However, it’s also important to retain a measure of consistency in your approach. Discretionary systems are heavily dependent on knowledge and experience. As the saying goes, good decisions are the product of experience; experience is gained through learning; and we learn most from our bad decisions! As you know, my trade concepts are closely related to support, resistance, trends and pullback,...
Thanks Pat, I appreciate your input. Im currently in the process of making my trading as mechanical as possible, I believe I have achieved this during trending periods. My biggest problem is the speed at which I identify ranging periods and then just either staying out or trading based on the range. At what point do you consider it to be ranging? Failure to break the top? Or multiple touches on a support and resistance area?
  • #619,314
  • Aug 26, 2021 1:56am Aug 26, 2021 1:56am
Goodmornin friends, European traders set to go bullish this morning again being influenced by yesterday's crude oil inventories data release that caused bullish reverse after N.A traders affirmed their selling to day's low 1.3696 yesterday. This morning price continue to target bullish bias point 1.3786 which when reached or broken should not be able to hold above 1.3793 till 12pm (because of today range play environment 1.3804-1.3689) when the N.A traders should further the selling to 1.3718 below. Happy trading
  • #619,315
  • Aug 26, 2021 1:57am Aug 26, 2021 1:57am
Quoting Moty
{image}
Potentially going long at 61.8 area
Insane in the Brain..
  • #619,316
  • Aug 26, 2021 2:06am Aug 26, 2021 2:06am
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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morning
  • #619,317
  • Aug 26, 2021 2:14am Aug 26, 2021 2:14am
Attached Image (click to enlarge)
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  • #619,318
  • Aug 26, 2021 2:15am Aug 26, 2021 2:15am
close below 1.37400 ill rethink of my buy position
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #619,319
  • Aug 26, 2021 2:16am Aug 26, 2021 2:16am
Quoting kris89
close below 1.37400 ill rethink of my buy position
It that hourly close?
Insane in the Brain..
  • #619,320
  • Aug 26, 2021 2:18am Aug 26, 2021 2:18am
Quoting BeeTogether
{quote} It that hourly close?
1H and 4H they linked , see the formation xD the doji is appear on M15 , that mean price can break below and down hard or reverse to upper again , seem down will be favourable

but since its GU pair , ill not comment it , but the GU pair bad habit when LO if down first like going to break below its always ended trapped seller and go FU above , just my opinion
its almost 90% always do it in first hour of LO
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
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