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Cable Update (GBPUSD)

  • #619,661
  • Aug 27, 2021 9:06am Aug 27, 2021 9:06am
Trade idea, sell GBPUSD at 1.3755, target 1.3705, stop at 1.3788.
Data + Stat + Risk/Emotions Management
  • #619,662
  • Aug 27, 2021 9:07am Aug 27, 2021 9:07am
My GJ is still running, infact I add one more trade today.
My Sl is little big don't focus on it. I may close one trade.
Attached Image (click to enlarge)
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MA provides the market's current direction and strength.
  • #619,663
  • Aug 27, 2021 9:08am Aug 27, 2021 9:08am
Quoting stevepatt
{quote} GBP/USD Long Trade {image}
GBP/USD Long Trade Result

Entry 1.37096 Exit 1.37250 +15.4 Pips
Attached Image (click to enlarge)
Click to Enlarge Name: 27th Aug 21 GBP_USD Long Trade Result_20210827_14.58.png Size: 92 KB
  • #619,664
  • Aug 27, 2021 9:09am Aug 27, 2021 9:09am
Quoting JayBag
{quote} Hi Dethorn, Well, because I strongly believe that 1.40 area is ideal for the next swing short, I am still holing. (added a few more lol) If anything, I am probably the biggest advocate for LONG TERM SWING SHORT. But, it's not time for a continuation yet Let's give it time Take Care
Maestro, when it comes to swing trading, my hats is off for you. you are very patient individual
  • #619,665
  • Aug 27, 2021 9:12am Aug 27, 2021 9:12am
Quoting JayBag
{quote} Hi Dethorn, Well, because I strongly believe that 1.40 area is ideal for the next swing short, I am still holing. (added a few more lol) If anything, I am probably the biggest advocate for LONG TERM SWING SHORT. But, it's not time for a continuation yet Let's give it time Take Care
Respect
  • #619,666
  • Aug 27, 2021 9:13am Aug 27, 2021 9:13am
Quoting Moty
85 $ in 2 minutes the drop put me in a floating 65 $ lol lucky i don't put stop {image}
wow, nice call

are you a millionaire now?

  • #619,667
  • Aug 27, 2021 9:14am Aug 27, 2021 9:14am
Quoting gatenio
{quote} 3660 is the support for current try to swing up imo, RR for long 30/300=1/10 so long 3700 tp 4000
run baby.
SL on +30 now.
i may took some profit after some bad trading days
The rest will run according the plan.
  • #619,668
  • Aug 27, 2021 9:16am Aug 27, 2021 9:16am
long target 1.38350 and sell limit 1.38350
Like me, cuts losses quickly. But has more patience and lets his winn
  • #619,669
  • Aug 27, 2021 9:17am Aug 27, 2021 9:17am
Quoting M.Fadly
long target 1.38350 and sell limit 1.38350
138350 will be a great target! Can’t see it yet but maybe it is Friday after all.
Insane in the Brain..
  • #619,670
  • Aug 27, 2021 9:18am Aug 27, 2021 9:18am
That's Just beautiful. God bless powell.
Fools Rushing
  • #619,671
  • Aug 27, 2021 9:19am Aug 27, 2021 9:19am
Quoting JayBag
{quote} I have decided to share this idea I noticed a whole lot of times using just BANDS (20). BB can be unreliable. However, the same goes for all tools we have at our disposal. They work until they don't. In this instance, this is when BB works. I am calling it Pressure base, Mark 1 and, Mark 2 (Fancy names lol) We already have a pressure base at 1.361 area. Mark 1 came in at around 1.37146 area. Typically, after mark 1, an impulsive wave is expected followed by a minor retrace to prepare for Mark 2. I have no idea where Mark 2 will form. This...
I awfully got the limit it could retrace wrong but not the idea.
Like I stated in my quote to a solid contributor here, 'I'd be dammed to sell these levels for swings'

Mark 2 formed too close to Mark 1. I think this pressure could take us to BIG highs before any minor retrace.

Anyway, the Idea remains and I have stopped adding to these longs lol. (Broker may get nervous lol)
Let's give it time.

Take Care Gang
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.rH1.png Size: 46 KB
  • #619,672
  • Aug 27, 2021 9:22am Aug 27, 2021 9:22am
Done today target. Will add on later on next week
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #619,673
  • Aug 27, 2021 9:26am Aug 27, 2021 9:26am
Quoting genadi
{quote} wow, nice call are you a millionaire now?
lol , it's only 85 $
now i caught another excellent trade
Attached Image (click to enlarge)
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yes yes yes
  • #619,674
  • Aug 27, 2021 9:27am Aug 27, 2021 9:27am
Quoting ruben247
{quote} Maestro, when it comes to swing trading, my hats is off for you. you are very patient individual
Where have you been
  • #619,675
  • Aug 27, 2021 9:27am Aug 27, 2021 9:27am
Quoting Moty
{quote} lol , it's only 85 $ now i caught another excellent trade {image}
wow you really want to lose ha?
even if it will work, stupid trade
  • #619,676
  • Aug 27, 2021 9:28am Aug 27, 2021 9:28am
Quoting mysterio
I think this is a stop run above yesterdays highs personally. Will chance another sell up here starting small after my last was taken out BE. Could be totally wrong
YH taken, free to drop. Did think it was a bit weird it wasn't taken yesterday.

Euro running highs too

Target is 1.36 initially
Attached Image (click to enlarge)
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  • #619,677
  • Aug 27, 2021 9:29am Aug 27, 2021 9:29am
Quoting JayBag
{quote} I awfully got the limit it could retrace wrong but not the idea. Like I stated in my quote to a solid contributor here, 'I'd be dammed to sell these levels for swings' Mark 2 formed too close to Mark 1. I think this pressure could take us to BIG highs before any minor retrace. Anyway, the Idea remains and I have stopped adding to these longs lol. (Broker may get nervous lol) Let's give it time. Take Care Gang {image}
Jay nnukwu mmanwu
  • #619,678
  • Aug 27, 2021 9:30am Aug 27, 2021 9:30am
Price currently rejecting off the 61.8% fib retrace at 1.37728 of last week's swing high and low. Tough and I wouldn't get too bullish at this point. Is this a shake-out? we never know.
Trade safe,
Cheers.
Trade to trade another day
  • #619,679
  • Aug 27, 2021 9:31am Aug 27, 2021 9:31am
Quoting gatenio
{quote} wow you really want to lose ha? even if it will work, stupid trade

Moty... The Margin Gladiator ....
not euphoria follower
  • #619,680
  • Aug 27, 2021 9:34am Aug 27, 2021 9:34am
The fun seems over for now.. interesting Friday and a 100 pip range too
Insane in the Brain..
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