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Cable Update (GBPUSD)

  • #620,301
  • Aug 31, 2021 10:35am Aug 31, 2021 10:35am
Quoting genadi
today was bad day for me, took 2 trades, got beaten 2 times hope you all were doing better than me
I've found it tricky this week too. Currently flat on the week. Head not really in it today either. Onwards and upwards. Currently aiming for 60 pips on a hail mary short from 1.38
  • #620,302
  • Aug 31, 2021 10:36am Aug 31, 2021 10:36am
Quoting hoda
{quote} May you have the courage to face each problem in your life with a smile? Stay strong and positive. We are always with you.
thanks, bro.

it means a lot
  • #620,303
  • Aug 31, 2021 10:36am Aug 31, 2021 10:36am
Quoting mysterio
{quote} I've found it tricky this week too. Currently flat on the week. Head not really in it today either. Onwards and upwards
  • #620,304
  • Aug 31, 2021 10:38am Aug 31, 2021 10:38am
Quoting maheeee
{quote} {image}
before
Attached Image (click to enlarge)
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after 2hrs
Attached Image (click to enlarge)
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sell sell sell
  • #620,305
  • Aug 31, 2021 10:38am Aug 31, 2021 10:38am
Quoting genadi
"i would rather be lucky than good" quote of one trader that etched inside my brains many years ago... i sold GU at 1.3801 and put stops at 1.3808 price closed my position, took my stops and moved all the way down
Typical!
SL is not my thing.
I only would apply over weekend if a position is at high risk.
I know is risk taking, so it's FX.
  • #620,306
  • Aug 31, 2021 10:38am Aug 31, 2021 10:38am
Quoting Jwh1435
Can someone explain how usd went higher when news was bad. Was the move lower on GU just technical?
Good news bad news it's always 50/50
  • #620,307
  • Aug 31, 2021 10:39am Aug 31, 2021 10:39am
Quoting Jolita
{quote} Hi Mahee, its nice to finally meet you. I heard nice things about you.
  • #620,308
  • Aug 31, 2021 10:40am Aug 31, 2021 10:40am
Quoting genadi
"i would rather be lucky than good" quote of one trader that etched inside my brains many years ago... i sold GU at 1.3801 and put stops at 1.3808 price closed my position, took my stops and moved all the way down
You are gambling
  • #620,309
  • Aug 31, 2021 10:40am Aug 31, 2021 10:40am
Quoting Jwh1435
Can someone explain how usd went higher when news was bad. Was the move lower on GU just technical?
untested h1 demand zone on dxy (rally base rally)

was the main reason I was opening shorts on GU this afternoon

pays to have your zones/levels marked out
Attached Image (click to enlarge)
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  • #620,310
  • Aug 31, 2021 10:41am Aug 31, 2021 10:41am
Quoting PElago
{quote} You are gambling
We're all gambling
  • #620,311
  • Aug 31, 2021 10:49am Aug 31, 2021 10:49am
Quoting donfriday
any risk taker would have made 100pips on gu in up and down....3800 down to 3775 up to 3800 drop 3750...
Easier said than done.
Learn from your mistakes and march on.
  • #620,312
  • Aug 31, 2021 10:51am Aug 31, 2021 10:51am
Quoting here2there
{quote} Easier said than done.


any risk taker doesnt care if hard or easy...risk taker pull trigger


i am not bold to take all the move but all risk taker can do it..
MY OPINION NOT FINANCIAL ADVISE
  • #620,313
  • Aug 31, 2021 10:52am Aug 31, 2021 10:52am
Quoting mysterio
{quote} untested h1 demand zone on dxy (rally base rally) was the main reason I was opening shorts on GU this afternoon pays to have your zones/levels marked out {image}
I love the beautiful moves on GU today!
Now, that's what I call a good setup
  • #620,314
  • Aug 31, 2021 10:52am Aug 31, 2021 10:52am
Quoting PElago
{quote} You are gambling
not really, i will help you learn and teach you to make money
  • #620,315
  • Aug 31, 2021 10:53am Aug 31, 2021 10:53am
Quoting donfriday
{quote} any risk taker doesnt care if hard or easy...risk taker pull trigger i am not bold to take all the moved but all risk taker can do it..
Any risk taker? We are all taking a risk when trading a live account. Thus, we (traders) are all risk takers.
Learn from your mistakes and march on.
  • #620,316
  • Aug 31, 2021 10:56am Aug 31, 2021 10:56am
Quoting Wavegarrick
{quote} Hi Guys, I am looking for a double test and reject off 1.38000. to enter a sell trade. 1.38000 is a significant level. Last day of the month and volatile moves. Trade safe, Cheers.
My weekly pivot at 1.37223 beckons.
Have a great day,
Cheers.
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Trade to trade another day
  • #620,317
  • Aug 31, 2021 11:01am Aug 31, 2021 11:01am
Quoting kenny4real
{quote} I love the beautiful moves on GU today! Now, that's what I call a good setup
I wasn't really focussed on it today. After getting stopped out overnight I was a bit thrown. Just had to clear my head and focus for a bit.

Had the h4 zone marked out so was just waiting on that being hit but was a bit impatient with it, the confluence with the dxy zone gave a good high probability short though so pleased to get in on that, still running

Now what, was that a last smash up for liquidity ? Still seems bearish for now on the daily, will have to come back at this with fresh eyes tomorrow. Anyone got any bright ideas on this for intraday ?
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  • #620,318
  • Aug 31, 2021 11:03am Aug 31, 2021 11:03am
lookingf real
Attached Image (click to enlarge)
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MY OPINION NOT FINANCIAL ADVISE
  • #620,319
  • Aug 31, 2021 11:05am Aug 31, 2021 11:05am
Quoting Maximumheigh
{quote} I am also envisaging a drop to 1.373x, but let see!
Nice drop. out of some trades.
  • #620,320
  • Aug 31, 2021 11:06am Aug 31, 2021 11:06am
GU

Scalp

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