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Cable Update (GBPUSD)

  • #622,721
  • Sep 10, 2021 2:47am Sep 10, 2021 2:47am
Quoting gatenio
price going to retrace. 1.382 or more for me Sl above 1.387 this is probably small 4th wave - rangy day aka bullish flag? if price will not break 1.387 1h divergence. {image}
crap. Still in.
  • #622,722
  • Sep 10, 2021 2:50am Sep 10, 2021 2:50am
Quoting gatenio
{quote} crap. Still in.
Gatenio, seems certain to me we'll take out the stops from that last high on 3rd of Sept, then once we've done that we almost have to touch 1.39
  • #622,723
  • Sep 10, 2021 2:51am Sep 10, 2021 2:51am
Quoting Theoak
Long in at 1.3859 and 1.3861
12pips taken, stops to break even run the rest!!! 1.3893 might be a good target but the hourly candle is running out of fuel!!!
Don't trade what you think. Just what you see!!!
  • #622,724
  • Edited 3:10am Sep 10, 2021 2:56am | Edited 3:10am
...price @ the hi has breached both the 4hr (only just) and dly desc t/lines referred to earlier and is now in the dly and 4hr part of the prev 1hr/4hr/dly sw hi zone to 3892. Top of it is coexistent with a minor prev 4hr sw hi x 2 zone to 3894 which contains 76.4% 3982-3726.

4hr below.
Attached Image
Trader with an Edge.
  • #622,725
  • Sep 10, 2021 2:58am Sep 10, 2021 2:58am
Quoting mysterio
{quote} Gatenio, seems certain to me we'll take out the stops from that last high on 3rd of Sept, then once we've done that we almost have to touch 1.39
Yeah im stupid
going against my view.
  • #622,726
  • Sep 10, 2021 3:03am Sep 10, 2021 3:03am
Quoting gatenio
{quote} crap. Still in.
Patience mate... This 1.3880 area ought to have happened earlier in the week to attain weekly open to high distance, but for some weird reasons it first crashed to 1.3726. price will likely halt this bullish run at 1.3880/1.3900 before downward resumption to 1.3730 area again next week. As far as 1.3910 remains unbroken the bears still have a go.
Data + Stat + Risk/Emotions Management
  • #622,727
  • Sep 10, 2021 3:05am Sep 10, 2021 3:05am
V shape formed as predicted. But I'm underwater swimming like a shark
  • #622,728
  • Sep 10, 2021 3:05am Sep 10, 2021 3:05am
Quoting gatenio
{quote} crap. Still in.
yeah, 3rd wave's crazy and still in, there is no cross osc for the 4th wave, 161.8 pattern's invalid now lol
Daddy, Brother, Lover, Little Boy
  • #622,729
  • Sep 10, 2021 3:08am Sep 10, 2021 3:08am
Quoting Ryd3n
{image}
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20210910-100753_MetaTrader 4.jpg Size: 516 KB
We cut the winners short and let the losers run.
  • #622,730
  • Sep 10, 2021 3:11am Sep 10, 2021 3:11am
I thought poor Uk data would have opened the trapdoor. Let’s see where the turnaround point is. Potentially 139-13915
Insane in the Brain..
  • #622,731
  • Sep 10, 2021 3:12am Sep 10, 2021 3:12am
its bullish over this one ,for Friday
when the high breaks it could be one of those bigger ones
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2021-09-10 at 09.09.55.png Size: 127 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #622,732
  • Sep 10, 2021 3:14am Sep 10, 2021 3:14am
Quoting W0lfram
{quote} 1.378 or 1.3905 - probably today 1.4035 or 1.363 - someday Top tier analysis. But how to use it? Jokes aside: daily candle probability of closing bear {image}
Have a bad feeling
Magic doesn't work in the wrong hands
Air force
  • #622,733
  • Sep 10, 2021 3:15am Sep 10, 2021 3:15am
... on days where there is obvious strong momentum/trend on the t/f's of interest to you, even though osc's may be showing div it is almost always advisable to wait for the potentially strongest potential resistance (or support) if you are considering trading counter the momentum/trend.
Trader with an Edge.
  • #622,734
  • Sep 10, 2021 3:16am Sep 10, 2021 3:16am
Quoting Georginson
{quote} Patience mate... This 1.3880 area ought to have happened earlier in the week to attain weekly open to high distance, but for some weird reasons it first crashed to 1.3726. price will likely halt this bullish run at 1.3880/1.3900 before downward resumption to 1.3730 area again next week. As far as 1.3910 remains unbroken the bears still have a go.
sl hit.. stupid trade.. one of the most.
  • #622,735
  • Sep 10, 2021 3:19am Sep 10, 2021 3:19am
Quoting gatenio
{quote} sl hit.. stupid trade.. one of the most.
Sorry mate, count the numerous good trades you have had and remember no trader is perfect, there is always another trade.
Data + Stat + Risk/Emotions Management
  • #622,736
  • Sep 10, 2021 3:21am Sep 10, 2021 3:21am
Quoting Georginson
{quote} Sorry mate, count the numerous good trades you have had and remember no trader is perfect, there is always another trade.
If we were, we for don turn billionaires
  • #622,737
  • Sep 10, 2021 3:21am Sep 10, 2021 3:21am
Quoting W0lfram
{quote} Have a bad feeling Magic doesn't work in the wrong hands
Financial Market doesn't work?
  • #622,738
  • Sep 10, 2021 3:21am Sep 10, 2021 3:21am
Quoting gatenio
{quote} sl hit.. stupid trade.. one of the most.
One of d most what please
  • #622,739
  • Sep 10, 2021 3:24am Sep 10, 2021 3:24am
Quoting Ihlas
{quote} Financial Market doesn't work?
Defective magic wand..
Air force
  • #622,740
  • Sep 10, 2021 3:25am Sep 10, 2021 3:25am
3886/94 is resistance zone.

Break of it will lead to sky high.

lol
Intraday only.
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