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Cable Update (GBPUSD)

  • #620,001
  • Aug 30, 2021 7:50am Aug 30, 2021 7:50am
Hello friends it hasten a narrow trading so far on UK bank holiday yet we expect a further price decline to 1.3707 when the indices traders open by 14;00 Get,happy trading
  • #620,002
  • Aug 30, 2021 7:53am Aug 30, 2021 7:53am
Quoting genadi
{quote} where are your stops?
It is what the Price Prints the indicator react to....
My telegram: https://t.me/avidforex
  • #620,003
  • Aug 30, 2021 7:54am Aug 30, 2021 7:54am
It is what the price prints the indicators react to...
My telegram: https://t.me/avidforex
  • #620,004
  • Aug 30, 2021 7:57am Aug 30, 2021 7:57am
27 pips daily range , wtf ?
yes yes yes
  • #620,005
  • Aug 30, 2021 8:00am Aug 30, 2021 8:00am
beautiful.., please take gold with you
Attached Image (click to enlarge)
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dolce vita
  • #620,006
  • Aug 30, 2021 8:01am Aug 30, 2021 8:01am
Game time! Set my stop to BE, no target yet.

As mentioned this morning looking for a strong bearish daily candle today/tomorrow, if I get that then inclined to let it run. See what happens
Attached Image (click to enlarge)
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  • #620,007
  • Aug 30, 2021 8:04am Aug 30, 2021 8:04am
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 35 KB
yes yes yes
  • #620,008
  • Aug 30, 2021 8:05am Aug 30, 2021 8:05am
Quoting mysterio
Game time! Set my stop to BE, no target yet. {image}
it will reversed up
yes yes yes
  • #620,009
  • Aug 30, 2021 8:06am Aug 30, 2021 8:06am
Quoting genadi
{quote} sold USD/CAD 1.2631 lets see
closing usdcad at 1.2598

+33 pips
  • #620,010
  • Aug 30, 2021 8:09am Aug 30, 2021 8:09am
Quoting Wavegarrick
{quote} Hi Guys, Sell trade opened at 1.37637 for a target of my weekly pivot at 1.37223. S/loss 50 pips, could close earlier if I see a break of my descending trend line and last week's high. If 1.37000 goes I believe we could go much lower. Have a great week, Cheers.
Patience has been the order of the day for me. We have touched my daily pivot. Could we be on track for my weekly pivot at 1.37223? Nevertheless, my sell trade is locked in and price must do what it has to.

Trade safe folks,
Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1287.png Size: 83 KB
Trade to trade another day
  • #620,011
  • Aug 30, 2021 8:10am Aug 30, 2021 8:10am
Quoting mysterio
Game time! Set my stop to BE, no target yet. As mentioned this morning looking for a strong bearish daily candle today/tomorrow, if I get that then inclined to let it run. See what happens {image}
GU dropped, it means Pat Chicko got beated by the market
  • #620,012
  • Aug 30, 2021 8:10am Aug 30, 2021 8:10am
Attached Image (click to enlarge)
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stupid broker, i was put sell limit at 13678, but the price strart rally down from 13677 ,
Using Chaos to Finding Order
  • #620,013
  • Aug 30, 2021 8:13am Aug 30, 2021 8:13am
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 36 KB
yes yes yes
  • #620,014
  • Aug 30, 2021 8:15am Aug 30, 2021 8:15am
Quoting Moty
{image}
You were in the right track in the morning. Why did you change sides?
  • #620,015
  • Aug 30, 2021 8:15am Aug 30, 2021 8:15am
Quoting Moty
{image}
0.01 and 0.28 positions?
  • #620,016
  • Aug 30, 2021 8:16am Aug 30, 2021 8:16am
Quoting genadi
{quote} GU dropped, it means Pat Chicko got beated by the market

Well it is not the first time , last week i think it was 3 or 4 losses in a row, but no one is perfect and we all have losses and wins, im still holding my long, correction over extending a bit but i have a usd cad short to cover this if it goes wrong. Can post the live trade pic if there are any doubters but i would rather not atm as i would like to keep my stops confidential
Follow The Markets Structure - Patience and Discipline
  • #620,017
  • Aug 30, 2021 8:17am Aug 30, 2021 8:17am
Quoting BigNumbers
Gold at h4 strong resistance.. Sell now tp: 1785.02 {image}
I spent so much time drawing these lines and I hope prices respect them most of the time...

Analysis only on the Daily and H4 or maybe higher time frame; if need be! It will reduce your stress... All I do is wait for price to come to my ZONE!

I call out 3 trades today. But I took only two of the trade GU and AU.
BTC May Range or have a little draw down because it will rally to $53000

Good Luck
My telegram: https://t.me/avidforex
  • #620,018
  • Aug 30, 2021 8:17am Aug 30, 2021 8:17am
Quoting Ehsank78
{quote} You were in the right track in the morning. Why did you change sides?
i know ,i lost faith in price going to daily pivot at 1.37400
yes yes yes
  • #620,019
  • Aug 30, 2021 8:41am Aug 30, 2021 8:41am
Remember it’s a bank holiday in the Uk. Swing up will resume tomorrow
Insane in the Brain..
  • #620,020
  • Aug 30, 2021 8:42am Aug 30, 2021 8:42am
Quoting stevepatt
{quote} GBP/USD H1 Observations With the benefit of Hindsight it is obvious that I should have let the two Long Trades play out.. I have a Pending Long Trade at 1.37550 {image}

GBP/USD Short Trade

Canceled the Pending Long

Entry Short 1.37500 Target 1.37200

Pending Short 1.37550 Target 1.37200
Attached Image (click to enlarge)
Click to Enlarge Name: 30th Aug 21 GBP_USD Short Trade_20210830_14.32.png Size: 115 KB
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