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Cable Update (GBPUSD)

  • #622,801
  • Sep 10, 2021 8:55am Sep 10, 2021 8:55am
Get some!!!
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Don't trade what you think. Just what you see!!!
  • #622,802
  • Sep 10, 2021 8:57am Sep 10, 2021 8:57am
Quoting donfriday
I am expecting NY to be bearish .. my opinion

cool cash 25pips made on the go…
MY OPINION NOT FINANCIAL ADVISE
  • #622,803
  • Sep 10, 2021 8:58am Sep 10, 2021 8:58am
NY session not showing any signs of 139
Insane in the Brain..
  • #622,804
  • Sep 10, 2021 9:00am Sep 10, 2021 9:00am
Quoting donfriday
{quote} cool cash 25pips made on the go…
Show a chart Bud!! So we can learn!!!
Don't trade what you think. Just what you see!!!
  • #622,805
  • Sep 10, 2021 9:05am Sep 10, 2021 9:05am
Quoting bigiivan
{quote} If today close bullish 1,39 will be cracked.
And we will see 1.40
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Aim for what's achievable and don't be a dreamer.
  • #622,806
  • Sep 10, 2021 9:08am Sep 10, 2021 9:08am
Quoting Theoak
{quote} Show a chart Bud!! So we can learn!!!

bro I did if you

I mostly scalp 25pips on each trade because I am 990% sure gu will move 25pips everyday .

ny mostly push price against London it’s my price action relation strategy counter trend
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MY OPINION NOT FINANCIAL ADVISE
  • #622,807
  • Sep 10, 2021 9:09am Sep 10, 2021 9:09am
Quoting Theoak
Get some!!! {image}
Get some more!!!!
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Don't trade what you think. Just what you see!!!
  • #622,808
  • Sep 10, 2021 9:11am Sep 10, 2021 9:11am
Said yesterday if Gu goes 3875 I will take a short


Price is everything
MY OPINION NOT FINANCIAL ADVISE
  • #622,809
  • Sep 10, 2021 9:19am Sep 10, 2021 9:19am
1.3760 in play?
Trailing my stopploss
  • #622,810
  • Edited 9:40am Sep 10, 2021 9:25am | Edited 9:40am
1.38560 is a strong support and may reject it for further bullish BIAS. Considering the behavior of the price and correlations.

This is my opinion of course.

Have a nice weekend people.
Fools Rushing
  • #622,811
  • Sep 10, 2021 9:33am Sep 10, 2021 9:33am
1.3760 for 1.40..
  • #622,812
  • Sep 10, 2021 9:34am Sep 10, 2021 9:34am
Quoting bigiivan
Am I only one who's target is above 1,3900? Let's say: 1,3983! Maybe next week.
From volume clusters I have 1.4035 and less sure about 1.408. (So far failed twice: Jun 2016 and Mar 2020)
But not as target, more like the area where I'll reduce buying entries; aiming for few pips at once, failed my experiments with swings.
Now it's closer than 1.363, so maybe we're heading there.
Air force
  • #622,813
  • Sep 10, 2021 9:40am Sep 10, 2021 9:40am
Quoting thevisitor
1.3760 for 1.40..
1.4030 may be
  • #622,814
  • Sep 10, 2021 9:41am Sep 10, 2021 9:41am
... just back updating charts/see what I missed. A deeper test into the prev 1hr/4hr/dly sw hi zone that extends to 3892 again encountered supply and this time the sellers have breached the steepest asc 4hr t/line taking price down currently to 61.8% of the day's current lo-hi.

1hr below.
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Trader with an Edge.
  • #622,815
  • Sep 10, 2021 9:44am Sep 10, 2021 9:44am
The power of support and resistance, as Pat says
  • #622,816
  • Edited 10:18am Sep 10, 2021 9:46am | Edited 10:18am
Down and running
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"Exchange of hands"
  • #622,817
  • Sep 10, 2021 9:51am Sep 10, 2021 9:51am
Quoting Houtbay
The power of support and resistance, as Pat says
Yeh absolutely. I't a great way to trade. Pre-identifying the potential support/resistance factors on a t/f, seeing whether sw lo's or hi's are coexisting on any higher t/f's, assessing what each t/f is doing (re trend or range, and relationship to each other,) then looking for a repeating set-up to either suggest a bounce or break of the potential supp/res is more likely and trading the edge accordingly. It doesn't get much easier, and if if you get good at it, very hi-probability (of a successful outcome) trading ensues.

I wasn't around for that short from current dly hi but I like to think I would have taken it. Looking at it now it looks like a classic repeating set-up for me on 3min+ with regular bearish div extending to 1hr but of course I also have the benefit of seeing what happened next lol!

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

4hr below.
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Trader with an Edge.
  • #622,818
  • Sep 10, 2021 9:53am Sep 10, 2021 9:53am
Quoting thevisitor
{quote} 1.4030 may be
3850 to hold for 3900

IMO
Intraday only.
  • #622,819
  • Sep 10, 2021 9:56am Sep 10, 2021 9:56am
Quoting navk
{quote} 3850 to hold for 3900 IMO
Only one more station to 1.4080

Step by step..
  • #622,820
  • Sep 10, 2021 10:00am Sep 10, 2021 10:00am
Quoting thevisitor
Daily is forming a "W" targeting 1.4080
My plan, don't follow me..
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