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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

Absolutely nothing today.. might take a few pip hit and go short
1.37750 I will close my short and I will long Gbpusd for a ride upwards breaking 1.38
Quoting stevepatt
{quote} GBP/USD 2x Long Trades 1st Entry 1.37750 Target 1.38500 Stop 1.37580 2nd Entry 1.37880 Target 1.38500 Stop 1.37580 {image}
GBP/USD H1 Observations
Attached Image (click to enlarge)
Click to Enlarge Name: 2nd Sept 21 GBP_USD H1 Observations_20210902_13.52.png Size: 93 KB
Quoting Houtbay
1.37750 I will close my short and I will long Gbpusd for a ride upwards breaking 1.38
Can’t see 138 atm there is no volume
Quoting pipfarm
Going south now M5 the signal was from 3792 RBS @ 3780
The life of a trader ,sitting here watching a mini trend develop , must be bored.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 28 KB
Follow The Markets Structure - Patience and Discipline
Gbpusd is supported off the weekly upwards. Trend is now long
Quoting Houtbay
Gbpusd is supported off the weekly upwards. Trend is now long
Trend is range..
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
SL now at 13760 haven’t cancel long yet. May do by end of day if things don’t shake a leg. This is boring
That will go up and make a new high prior swing was corrective H1/H15
Follow The Markets Structure - Patience and Discipline
Quoting Pat Chiko
{quote} GU Recovery Scalping Trade. Nine hours with tight range. {image}
GU

End of scalping.

Recover partial losses.

Attached Image (click to enlarge)
Click to Enlarge Name: gu 003.jpg Size: 150 KB
I come from the future.
Quoting Pat Chiko
{quote} GU Recovery Scalping trades. Six hours price not giving a good swing. Covering some losses. Ascending Triangle in making H4 {image}
GU

Closed all

Minimised losses.

Hard trade today.
Attached Image (click to enlarge)
Click to Enlarge Name: gu 004.jpg Size: 140 KB
I come from the future.
Quoting MTF Test
{quote} trade closed -8 Opened Sell
This is why I avoid trading against the trend.

The PA did not fool but my decision is not right to open short.

My earlier longs had a stop at 3778 which is good.

Or may be I get convinced by forum ? I am not sure.
Intraday only.
Moty! Where's your rocket at?
Quoting Pat Chiko
{quote} GU End of scalping. Recover partial losses. {image}

On your screenshot those trades are still open , now some here might have doubts that you closed just before it bounced up , so you might be advised to show closed trades once they are closed.
Follow The Markets Structure - Patience and Discipline
Quoting navk
{quote} This is why I avoid trading against the trend. The PA did not fool but my decision is not right to open short. My earlier longs had a stop at 3778 which is good. Or may be I get convinced by forum ? I am not sure.
There will be enough short opportunities around 1.40 or higher...no need to rush. When bears start panicking and buying, then will be a good time to short.
Everyone can see the chart, but only a few can actually read it.
Quoting navk
{quote} This is why I avoid trading against the trend. The PA did not fool but my decision is not right to open short. My earlier longs had a stop at 3778 which is good. Or may be I get convinced by forum ? I am not sure.
I had opened a long 0.4 lot at 1.37930 and put stop loss same as you.
Thought it is gonna hit SL and loose a £40, now literally in a £60 profit :-)
Quoting JayBag
{quote} Hi Baba, IMO, if/when the price gets above 1.38, Cable may snap north real quick. If this becomes the case, I am looking at a possible leap to 1.39 this week Let's see how it goes.
Then it snapped
1.9 this week? Possibly
I will hold on to my long with a positive SL and keep moving with the profit. TP 1.385xx
Quoting IBabyTrader
{quote} I had opened a long 0.4 lot at 1.37930 and put stop loss same as you. Thought it is gonna hit SL and loose a £40, now literally in a £60 profit :-)
Better to trade what you see in chart instead of what you see in forum.

My advice.
Intraday only.
Quoting silolo
GU buy continues today
I think everything we need to know is coded into candlesticks. Not the pattern bla bla bla theories that will fail you anytime. Looking at that last month bearish candle close, one can easily interpret this September will likely buy with pockets of retracement here and there
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