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Cable Update (GBP/USD) without Idiots 23 replies

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Cable Update (GBPUSD)

Is the new in yet? When is GBP dropping like mad?
Quoting Wavegarrick
Hi Guys, As I see a lot of non-related GbpUsd bollocks posts here lately, I have decided to take a back seat, for the time being, this is SUPPOSED to be a cable thread only and is slowly becoming the wild west. I have had pm's about Gu direction and will try my best to help fellow traders. So here goes: Gu from a monthly perspective is clearly down and has breached significant levels in my opinion, we still have 10 days to go to month end so we will have to see. {image} From a weekly perspective, one of the few majors that have not reached my yearly...
Hi Guys,
I believe we are in the early stages of a possible short cycle. I have entered my first sell trade and could look to add more on retraces.
Trade safe,
Cheers.
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Trade to trade another day
Quoting IBabyTrader
Is the new in yet? When is GBP dropping like mad?
Some US data came in hence there is movement. Funny enough the red sticker data wasn’t great for USD however the yellow was better so a bit of tug o war going on
Quoting BeeTogether
{quote} Some US data came in hence there is movement. Funny enough the red sticker data wasn’t great for USD however the yellow was better so a bit of tug o war going on
I think the movement might be more to do with Bullard speaking?
better to follow previous to actual
I think sidelines for now. I am bear bias until 1.36/35 but may have second guessed things with an initial rise so, time to step away until something becomes apparent. we're in a small descending channel but if in doubt stay out for now. Also touching a small RBR demand zone. A breakout and retest might persuade me in to buy. To me it is rare in cable that a sell off will peak in asia and just continue through LO/NY. I think our buddy JP speaks tomorrow so the big move may be then
XAUUSD hit with hard.
up up and and away from 1.37227
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GBPUSD sell.
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Quoting IBabyTrader
Is the new in yet? When is GBP dropping like mad?
It is sell zone. Yesterday was FO to bring the herd in long. IMO
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Quoting Pat Chiko
{quote} News time. Better tighten SL before news {image}
Pat Chiko, your trade was amazing....
can teach us how you do that?

Cheers
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Quoting mysterio
{quote} It is sell zone. Yesterday was FO to bring the herd in long. IMO {image}
Agree we are in sell zone however We haven’t seen 13780 area yet although last night we got close. I could have picked the wrong one here with my long at 13735
Quoting MTF Test
Never ending Long trade {image}
Busted with 2% loss. I was so stupid today to go against the structure.
Fools Rushing
Quoting mysterio
{quote} It is sell zone. Yesterday was FO to bring the herd in long. IMO {image}
For scalps? Yes. But with a Daily TF, you not talking about scalps I assume .. For swing trades, id be damm to add a short here.

MM is very artistic bro
Take care
1.3728 to watch


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dolce vita
DO or DIE for Bulls, 3718.

Until now bulls are able to defend.

Let us see.
Intraday only.
For bulls Resistance once broken becomes support

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For bears Support once broken becomes resistance


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Follow The Markets Structure - Patience and Discipline
scalping sell (???)
nice point
my range bar chart
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dolce vita
Quoting sleewc
{quote} Pat Chiko, your trade was amazing.... can teach us how you do that? Cheers
Trade Strategy

Glad you're enjoying my trade.

All my trade are scalping only using H4 or Daily TF to find high probability set up.

I don't know how to use indicator.

The only tool , to find set up is Support & Resistance and Price Action.

This is my life trade in Gold ( yes I do trade gold, but never posted here).

The set up based on H4 Scalping using S&R (SRF break out/retest).

Observe , the price action came just before the news.

Hope this simplify my trading strategy and may be able to assist in your trade.

Wait for the set up to complete & always wait for the price comes to you.
This is the simplest & primitives' form of trading.

Put SL coz we never know for sure the trade will work or failed.

PAT

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I come from the future.
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