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Cable Update (GBPUSD)

  • #623,461
  • Sep 14, 2021 10:34am Sep 14, 2021 10:34am
Quoting pipfarm
{quote} Impulse waves create dips not swings, we are in the swing now on 4H and currently a dip indicating impulse 2 and next 3,4,5 then corrective swing on H4 and up swing to complete the pattern.
Could you illustrate using a chart for better understanding?
  • #623,462
  • Sep 14, 2021 10:40am Sep 14, 2021 10:40am
Quoting mysterio
{quote} Hope everyone was on this, had one of my best GU days in a while Tomorrow I wait for pullback then more shorting to the bottom of the range, lets see what happens overnight though, no trading past 4pm UK time for me/no overnight positions
today worked a treat ! Just the way I like it lol.
Insane in the Brain..
  • #623,463
  • Sep 14, 2021 10:41am Sep 14, 2021 10:41am
13700 - 13650


then road to 14050 before gu crash


i have numbers no picture i know u guys like photos
MY OPINION NOT FINANCIAL ADVISE
  • #623,464
  • Sep 14, 2021 10:45am Sep 14, 2021 10:45am
Quoting Dethorn
{quote} Could you illustrate using a chart for better understanding?

Sure no problem, this is an example , it is basically a wave within a wave, see the first two swings in blue subdivide into a further 5 waves that is called an impulse wave as they drive the trend higher , it might not happen this time.


Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.ecnH4.png Size: 90 KB
Follow The Markets Structure - Patience and Discipline
  • #623,465
  • Sep 14, 2021 10:53am Sep 14, 2021 10:53am
Quoting donfriday
13700 - 13650 then road to 14050 before gu crash i have numbers no picture i know u guys like photos
Take it up to 1.42
  • #623,466
  • Sep 14, 2021 10:55am Sep 14, 2021 10:55am
Quoting Nd10
{image}wayasay
Who remembers this?
  • #623,467
  • Sep 14, 2021 11:04am Sep 14, 2021 11:04am
Buy @ 1.3846.

Sl 50 pips

Target 1 - 1.3885

Target 2 - 1.3935.
  • #623,468
  • Sep 14, 2021 11:23am Sep 14, 2021 11:23am
Quoting BeeTogether
No risk long at 13850.
Same here. Longs entered, rinse and repeat
  • #623,469
  • Sep 14, 2021 11:28am Sep 14, 2021 11:28am
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 30 KB
yes yes yes
  • #623,470
  • Sep 14, 2021 11:58am Sep 14, 2021 11:58am
Quoting Wavegarrick
{quote} Hi Guys, A retest of 1.38500. Looking to add shorts here. Have a great week, Cheers
Hi Guys.
Unfortunately, the above trades were taken out at breakeven, however, I managed to get in just above 1.3900 today and all locked in. The reason I maintain my short stance is that we now have the 3rd daily candle rejection off 1.38850 ish this month. My daily 200 moving average is at 1.38851. Unless we have a solid daily close above 1.38850 and more so 1.39000 I think that bears have the upper hand. We could possibly see another try-up tomorrow and I will monitor carefully to see if we have another rejection off this area, to enter more shorts.
Trade safe.
Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1301.png Size: 73 KB
Trade to trade another day
  • #623,471
  • Sep 14, 2021 12:13pm Sep 14, 2021 12:13pm
I get amused when folks are talking about "trend" without noting the timeframes. Daily man's bull can be a 5 minute man bear.

Quoting donfriday
{quote} you should learn how to identify a trend the trend is currently in a RANGE
  • #623,472
  • Sep 14, 2021 12:30pm Sep 14, 2021 12:30pm
I'm only seeing bears..there is avoid that needs to be filed
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 76 KB
  • #623,473
  • Sep 14, 2021 12:32pm Sep 14, 2021 12:32pm
Quoting Wavegarrick
{quote} Hi Guys. Unfortunately, the above trades were taken out at breakeven, however, I managed to get in just above 1.3900 today and all locked in. The reason I maintain my short stance is that we now have the 3rd daily candle rejection off 1.38850 ish this month. My daily 200 moving average is at 1.38851. Unless we have a solid daily close above 1.38850 and more so 1.39000 I think that bears have the upper hand. We could possibly see another try-up tomorrow and I will monitor carefully to see if we have another rejection off this area, to enter...

we will prevail bro..my lots will help push this mofo down ..LOL
  • #623,474
  • Sep 14, 2021 12:34pm Sep 14, 2021 12:34pm
Quoting stevepatt
{quote} GBP/USD Long Trade Result Entry 1.38300 Target 1.38650 Stop 1.38000 Exit 1.38352 +5.2 Pips I don't like the Bearish Structure starting to develop {image}

GBP/USD Pending Short Trade

Entry 1.38800 Stop 1.39100 Target 1.37000

Wrong decision this morning to Exit my Long Trade early....
Attached Image (click to enlarge)
Click to Enlarge Name: 14th sept 21 GBP_USD Pending Short Trade_20210914_18.25.png Size: 131 KB
  • #623,475
  • Sep 14, 2021 12:37pm Sep 14, 2021 12:37pm
Quoting Ilvez
I get amused when folks are talking about "trend" without noting the timeframes. Daily man's bull can be a 5 minute man bear. {quote}
there is actually one trend and every time frame is just a snippet of the trend overall
At least this is how i view it
  • #623,476
  • Sep 14, 2021 12:42pm Sep 14, 2021 12:42pm
Quoting MTF Test
{quote} Man I got to say. I am fan of Structure ZOOM In. I look at it many time within the day. That's just crazy. It is kind a identical.
GBPUSD SELL, I told you that was a stop hunt. Now people are mysteriously changing their biases and that's exactly what you should avoid in trading. Trading your own plan. I'm done with FF as of today buddy. Alot of conflicting biases. Good luck bro
  • #623,477
  • Sep 14, 2021 12:49pm Sep 14, 2021 12:49pm
Quoting PoundSterlin
{quote} GBPUSD SELL, I told you that was a stop hunt. Now people are mysteriously changing their biases and that's exactly what you should avoid in trading. Trading your own plan. I'm done with FF as of today buddy. Alot of conflicting biases. Good luck bro
Sorry you're leaving, price is still above your entry point and looks like all your stops have been blown out though ? Bias is one thing execution is a whole other

Man if I could go back to all the times I was right but it didn't result in more money in my account, I wouldn't be posting on FF either believe me
  • #623,478
  • Sep 14, 2021 12:50pm Sep 14, 2021 12:50pm
Quoting PoundSterlin
{quote} GBPUSD SELL, I told you that was a stop hunt. Now people are mysteriously changing their biases and that's exactly what you should avoid in trading. Trading your own plan. I'm done with FF as of today buddy. Alot of conflicting biases. Good luck bro

see it as an excerise to become stronger
1.3785 needs to break to allow downside
Attached Image (click to enlarge)
Click to Enlarge Name: GBPxUSDH4.png Size: 287 KB
  • #623,479
  • Sep 14, 2021 12:55pm Sep 14, 2021 12:55pm
Quoting nAVIN2007
{quote} we will prevail bro..my lots will help push this mofo down ..LOL


ur broker is jealous...
MY OPINION NOT FINANCIAL ADVISE
  • #623,480
  • Sep 14, 2021 12:57pm Sep 14, 2021 12:57pm
Quoting stevepatt
{quote} GBP/USD Pending Short Trade Entry 1.38800 Stop 1.39100 Target 1.37000 Wrong decision this morning to Exit my Long Trade early.... {image}

first thing i post this morning was see you at 13700
MY OPINION NOT FINANCIAL ADVISE
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