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Cable Update (GBPUSD)

  • #620,241
  • Aug 31, 2021 8:53am Aug 31, 2021 8:53am
Quoting donfriday
{quote} is there any correlation between gu and ucad?
If you ask me. There is a fair percentage of GU/UCAD correlation. I am answering this since I trade these two pairs more frequently. Not identical though.

IMO, in few minutes, We will know the direction of GU. Possible breakdown.
Fools Rushing
  • #620,242
  • Aug 31, 2021 8:54am Aug 31, 2021 8:54am
Quoting donfriday
{quote} is there any correlation between gu and ucad?
Just because of "USD" -part in the quotes
Air force
  • #620,243
  • Aug 31, 2021 8:54am Aug 31, 2021 8:54am
Just relax ....
not euphoria follower
  • #620,244
  • Aug 31, 2021 8:55am Aug 31, 2021 8:55am
Mysterio, i have the same trade like you

sell at almost the same position, stops at almost the same position
  • #620,245
  • Aug 31, 2021 8:56am Aug 31, 2021 8:56am
Quick question - I’m new to Forex trading and am trying to make best use of the space on my two monitors. Besides your trading platform, what other trading webpages are up always on your monitors?

Thanks so much.
  • #620,246
  • Aug 31, 2021 8:56am Aug 31, 2021 8:56am
Quoting maheeee
price ranging again it will drop............ usdcad is going up so gbpusd will drop sell sell sell or close ur buy's
Attached Image (click to enlarge)
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  • #620,247
  • Aug 31, 2021 8:56am Aug 31, 2021 8:56am
meanwhile EUR/USD is falling without bounce up
  • #620,248
  • Aug 31, 2021 8:57am Aug 31, 2021 8:57am
Quoting hasib
{quote} Let me clear my understanding, your talking about daily chart. it create Double bottom and it is not swing to the up side. so it is not advice to sell am are right. correct me with chart if I am not right. Thanks
I am not advising you to do anything

,my view on the chart is that weekly is down daily is up , so i would prefer to go long but only above 3800 as that is the old support now resistance, if you understand correction that means it could come after the correction ends.
Follow The Markets Structure - Patience and Discipline
  • #620,249
  • Aug 31, 2021 8:58am Aug 31, 2021 8:58am
Quoting genadi
Mysterio, i have the same trade like you sell at almost the same position, stops at almost the same position
The setup is a bit like this on april 15th
Attached Image(s) (click to enlarge)
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  • #620,250
  • Aug 31, 2021 9:04am Aug 31, 2021 9:04am
Quoting maheeee
{quote} {image}
To end the day, IMO, Price is heading to north and will print a possible new high. nothing to drive the USD till tomorrow.

Cheers !
Fools Rushing
  • #620,251
  • Aug 31, 2021 9:10am Aug 31, 2021 9:10am
Quoting MTF Test
{quote} To end the day, IMO, Price is heading to north and will print a possible new high. nothing to drive the USD till tomorrow. Cheers !
yet the day is not over...

one more drop is there..

several hours remaining for EOD,

lets wait..
  • #620,252
  • Aug 31, 2021 9:11am Aug 31, 2021 9:11am
Target close since price above 1.37500 . Now im going to buy these pair. No break for south anymore. Maybe next level is waiting above
Have a feeling 1.38300 will be touched
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #620,253
  • Aug 31, 2021 9:15am Aug 31, 2021 9:15am
Quoting pjnee1974
Quick question - I’m new to Forex trading and am trying to make best use of the space on my two monitors. Besides your trading platform, what other trading webpages are up always on your monitors? Thanks so much.

because you are new i recommend you stay at ur broker platform to acquire more knowledge until you can boldly start using other chartting software...focus on ur skills and emotions then you can move on to multiple platforms, you mostly dont need many but depend on ur trading plans and experience .
MY OPINION NOT FINANCIAL ADVISE
  • #620,254
  • Edited 9:32am Aug 31, 2021 9:17am | Edited 9:32am
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 23 KB

Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 37 KB
yes yes yes
  • #620,255
  • Aug 31, 2021 9:20am Aug 31, 2021 9:20am
Quoting pjnee1974
Quick question - I’m new to Forex trading and am trying to make best use of the space on my two monitors. Besides your trading platform, what other trading webpages are up always on your monitors? Thanks so much.
Declutter your workspace. Keep things simple and don't overwhelm yourself with information.

In fact, one of the worst things you can do is sit there staring at your charts. You'll end up seeing lots of contradictory information.
  • #620,256
  • Aug 31, 2021 9:20am Aug 31, 2021 9:20am
Quoting donfriday
{quote} because you are new i recommend you stay at ur broker platform to acquire more knowledge until you can boldly start using other chartting software...focus on ur skills and emotions then you can move on to multiple platforms, you mostly dont need many but depend on ur trading plans and experience .
Thanks donfriday. I appreciate your advice.
  • #620,257
  • Aug 31, 2021 9:22am Aug 31, 2021 9:22am
Quoting MrFanciful
{quote} Declutter your workspace. Keep things simple and don't overwhelm yourself with information. In fact, one of the worst things you can do is sit there staring at your charts. You'll end up seeing lots of contradictory information.
That totally makes sense. Thank you.
  • #620,258
  • Aug 31, 2021 9:28am Aug 31, 2021 9:28am
Quoting pjnee1974
{quote} That totally makes sense. Thank you.
BTW, I'm still not consistently profitable after 4 years. Be mentally prepared for a lot of failure (learning opportunities) and commitment in the face of adversity.
  • #620,259
  • Aug 31, 2021 9:29am Aug 31, 2021 9:29am
Looking at my trades.. 30 pips in negative and running... moment should have arrive by now or is around the corner... lets see what the month end brings..
  • #620,260
  • Aug 31, 2021 9:33am Aug 31, 2021 9:33am
Quoting Pat Chiko
{quote} GU Gimme one spike ! to go on the weekend. {image}
GU Account #I - Medium Term Scalping

End of medium Scalping.
Closed three position on last Friday on last Friday.
Balance carry over.
New positions added today on pull back


Attached Image (click to enlarge)
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I come from the future.
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