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Cable Update (GBPUSD)

  • #621,521
  • Sep 6, 2021 5:52am Sep 6, 2021 5:52am
Still waiting for longterm long setup on cable .... meanwhile ? Playing with teddy bear ..
Quoting iqyu5an
Bearish is not over yet as long as 4250 -4300 level strong enough . Possible 750 - 1250 pips drop from the top after +/- 2000 pips bull rally ..... Not really care for 250 - 500 pip volatility #CouldBeWromg
not euphoria follower
  • #621,522
  • Sep 6, 2021 5:58am Sep 6, 2021 5:58am
Quoting Theoak
{quote} In a 7 pip hole. Hope the higher timeframes kick in (double bottom) if not will have to take hit if lows are broke!!! Might even short if this happens {image}
challenging prev 30min sw lo zone extending down to today's current dly lo may contain more demand?

---------------------------------------

... one scenario on more selling may be a dip to the prev dly sw LH then H (3781 and 3808 respectively,) the now potential rbs zone, being 3808-circa 3766 - where the bulls may step back in? This scenario would create the fractal HH on this dly t/f, at last week's 3892 hi.

Anything can happen...just one of any number of potential scenarios.

Dly below.
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Trader with an Edge.
  • #621,523
  • Sep 6, 2021 6:05am Sep 6, 2021 6:05am
So far so good.2 steps a head.
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  • #621,524
  • Sep 6, 2021 6:12am Sep 6, 2021 6:12am
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Trader with an Edge.
  • #621,525
  • Sep 6, 2021 6:12am Sep 6, 2021 6:12am
Quoting HTRth
Monday Morning Things are different. My % Based Plan as well as Trendline Plan both confirmed a Bearish Status on EURUSD and GBPUSD for now Below is my Positioning for Start of Week {image} I have Target Extensions upto 1.17937 For EURUSD and GBPUSD 1.37900 after initial 1.38210 Hit Ok
Good Luck and welcome to forex !
Fools Rushing
  • #621,526
  • Sep 6, 2021 6:14am Sep 6, 2021 6:14am
Today's news finished, can trade without disturb
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Be a spectator, not a player
  • #621,527
  • Sep 6, 2021 6:20am Sep 6, 2021 6:20am
First trade of the week
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  • #621,528
  • Sep 6, 2021 6:22am Sep 6, 2021 6:22am
Eurgbp the trend currently is up
  • #621,529
  • Sep 6, 2021 6:30am Sep 6, 2021 6:30am
Quoting PElago
First trade of the week {image}
Wow. I took the same trade
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Fools Rushing
  • #621,530
  • Sep 6, 2021 6:33am Sep 6, 2021 6:33am
Quoting Theoak
{quote} In a 7 pip hole. Hope the higher timeframes kick in (double bottom) if not will have to take hit if lows are broke!!! Might even short if this happens {image}
Real signs now (double bottom) that the higher timeframes are taking control. If these highs are broke will add to long!!
Attached Image (click to enlarge)
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Don't trade what you think. Just what you see!!!
  • #621,531
  • Sep 6, 2021 6:36am Sep 6, 2021 6:36am
Quoting Headland
{quote} challenging prev 30min sw lo zone extending down to today's current dly lo may contain more demand? --------------------------------------- ... one scenario on more selling may be a dip to the prev dly sw LH then H (3781 and 3808 respectively,) the now potential rbs zone, being 3808-circa 3766 - where the bulls may step back in? This scenario would create the fractal HH on this dly t/f, at last week's 3892 hi. Anything can happen...just one of any number of potential scenarios. Dly below. {image}
Don't really use the 30 min timeframe
Don't trade what you think. Just what you see!!!
  • #621,532
  • Sep 6, 2021 6:40am Sep 6, 2021 6:40am
Quoting Pat Chiko
GU Scalping {image}
GU

Stopped out.

Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #621,533
  • Sep 6, 2021 6:41am Sep 6, 2021 6:41am
GU

Re-entry Scalping

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #621,534
  • Sep 6, 2021 6:43am Sep 6, 2021 6:43am
Quoting PElago
First trade of the week {image}
lol, we are all taking the same trades
  • #621,535
  • Sep 6, 2021 6:45am Sep 6, 2021 6:45am
Quoting Pat Chiko
GU Re-entry Scalping {image}
i love it bro

i was unable to study your trading style, but i do take same trades like you from time to time
i am buying GU

i saw Mysterio also buying
  • #621,536
  • Sep 6, 2021 6:45am Sep 6, 2021 6:45am
  • #621,537
  • Sep 6, 2021 6:52am Sep 6, 2021 6:52am
Quoting genadi
{quote} i love it bro i was unable to study your trading style, but i do take same trades like you from time to time i am buying GU i saw Mysterio also buying

Support & Resistance.
Basic Method of Chart Analysis
Nothing else.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #621,538
  • Sep 6, 2021 6:59am Sep 6, 2021 6:59am
Quoting Theoak
{quote} Real signs now (double bottom) that the higher timeframes are taking control. If these highs are broke will add to long!! {image}
Added to long in at 1.3844 and 41. This should fly soon. The Bulls on the higher timeframes should take control
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Don't trade what you think. Just what you see!!!
  • #621,539
  • Sep 6, 2021 7:01am Sep 6, 2021 7:01am
...just about touched the 38.2% of the 3731-3892 at the current dly lo and the initial spike up off that on 1min was probably caused by reaction to MPC member speaking? Regular bullish divergence to 15min at that lo. Nice 1hr bullish hammer close.

1hr below. pink are prev 30min swings.
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Trader with an Edge.
  • #621,540
  • Sep 6, 2021 7:02am Sep 6, 2021 7:02am
Hello friends pricecontinus to stay above 1.3834 and 1.3841 hints that market is still bullish as theamericans opens
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