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Cable Update (GBPUSD)

  • #623,961
  • Sep 16, 2021 9:28am Sep 16, 2021 9:28am
Quoting Theoak
Bullish divergence Long in at 1.3778
Nice 10 pips. Might retrace then go again
Don't trade what you think. Just what you see!!!
  • #623,962
  • Sep 16, 2021 9:29am Sep 16, 2021 9:29am
Quoting silolo
{quote} I like this kind of response. They are not the only people that knows how to quote price projections especially imaginary ones from demo traders. You are one of the best traders here who don't make noise unnecessarily
Silolo, you keep judging people but, why?
Everyone should have demo account, don't you?
I trade using many accounts, one of is test account, doesn't necessary meen is fake. You can set up trade on demo and copy on real account to test prediction in movement.
I dont believe you are actually trading, as you were asking for signals. Please share your account, your views. I doubt is a real one.
  • #623,963
  • Sep 16, 2021 9:33am Sep 16, 2021 9:33am
Quoting genadi
{quote} why do you want more? what will you do with it?

same question I want to Bezos and Elon
MY OPINION NOT FINANCIAL ADVISE
  • #623,964
  • Sep 16, 2021 9:51am Sep 16, 2021 9:51am
Tomorrow more down side? 3830 needs to be tested tomorrow.. or bulls lost 3900
  • #623,965
  • Sep 16, 2021 9:57am Sep 16, 2021 9:57am
Hi all.. hope everyone had a colorful day today... my idea for further down...
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  • #623,966
  • Sep 16, 2021 10:06am Sep 16, 2021 10:06am
for 16/33 pips
sl is a close above the 23 lwma
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yes yes yes
  • #623,967
  • Sep 16, 2021 10:10am Sep 16, 2021 10:10am
Quoting nAVIN2007
{quote} we are playing into the weekly which will lead into the monthly IMHO this is just the start of a move deep long term i think a few of us are actually thinking the same thing..hence the conviction in this set bias {image}
Agree hence i will be holding my shorts for longer but as i mainly like to trade from a correction in a swing back into the main direction, i will trade every daily swing corrective or not otherwise waiting for daily reversals or corrections can take too long and not much trading going to happen in the shorter term.

Great to catch a reversal or continuation in this case from the higher timeframes so will be holding for more downside as i see it.
Follow The Markets Structure - Patience and Discipline
  • #623,968
  • Sep 16, 2021 10:12am Sep 16, 2021 10:12am
Quoting Moty
for 16/33 pips sl is a close above the 23 lwma {image}
hi Moty, how are you doing?
making money?
  • #623,969
  • Sep 16, 2021 10:15am Sep 16, 2021 10:15am
Quoting donfriday
{quote} never enough money I want more
story of my life.
no patience!
  • #623,970
  • Sep 16, 2021 10:20am Sep 16, 2021 10:20am
Ok, once more:
1.3750-30 to 1,3980-1,40
  • #623,971
  • Edited 10:39am Sep 16, 2021 10:23am | Edited 10:39am
Quoting pipfarm
{quote} Agree hence i will be holding my shorts for longer but as i mainly like to trade from a correction in a swing back into the main direction, i will trade every daily swing corrective or not otherwise waiting for daily reversals or corrections can take too long and not much trading going to happen in the shorter term. Great to catch a reversal or continuation in this case from the higher timeframes so will be holding for more downside as i see it.
yes, I think ...i see 1.34
but tomorrow news concerns me a bit..the last thing i want is this thing going back to 1.38

Range bound trading is driving me nuts..lol
Maybe this is now how the market operates..

Im thinking the monthly opened on a trendline and decided to test the top side..I think it may now move towards the downside!!.. at least this is what im seeing..

Btw gold is looking good for sell..missed opportunity for me whilst at work
but right now it it retracing..sell higher up..should be good (longer term)
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  • #623,972
  • Sep 16, 2021 10:29am Sep 16, 2021 10:29am
H1 we will ses one more leg down
  • #623,973
  • Sep 16, 2021 10:29am Sep 16, 2021 10:29am
Dear New Trader, there isnt a specific way to kill a cat in this market just find the way that work for you.

Develop your own skills, empty your chart, play with tools and go back and forth to develop a specific method that work with ur mental stability.

everything works but until you play around, you won't find 100% strategy.
MY OPINION NOT FINANCIAL ADVISE
  • #623,974
  • Sep 16, 2021 10:36am Sep 16, 2021 10:36am
Quoting genadi
{quote} hi Moty, how are you doing? making money?
depositing money
yes yes yes
  • #623,975
  • Sep 16, 2021 10:37am Sep 16, 2021 10:37am
Quoting gatenio
{quote} story of my life. no patience!
I guess, You must have been holding Gold buys till now ? Ai
Fools Rushing
  • #623,976
  • Sep 16, 2021 10:40am Sep 16, 2021 10:40am
Quoting nAVIN2007
{quote} yes, I think ...i see 1.34 but tomorrow news concerns me a bit..the last thing i want is this thing going back to 1.38 Range bound trading is driving me nuts..lol Maybe this is now how the market operates.. Im thinking the monthly opened on a trendline and decided to test the top side..I think it may now move towards the downside!!.. at least this is what im seeing.. {image}

It looks like quite a strong reversal so i see no need to go back to 1.38

See 4H the actual breakdown started when the 3796 higher low was taken out then it went back to test the old resistance at the top that became support and dropped back through 3796 to create a lower high and through 3792 to create lower low so the break retest is done and dusted and a new trend to the downside has began, apart from keeping positions i have open i will be looking for 4H corrections back into the daily swing to add in more lots.
Follow The Markets Structure - Patience and Discipline
  • #623,977
  • Sep 16, 2021 10:47am Sep 16, 2021 10:47am
Quoting pipfarm
{quote} It looks like quite a strong reversal so i see no need to go back to 1.38 See 4H the actual breakdown started when the 3796 higher low was taken out then it went back to test the old resistance at the top that became support and dropped back through 3796 to create a lower high and through 3792 to create lower low so the break retest is done and dusted and a new trend to the downside has began, apart from keeping positions i have open i will be looking for 4H corrections back into the daily swing to add in more lots.



there is not a year price dont come back to kiss 20 SMA on monthly...so far 2021 we have not

gu mid term bearish

long term bullish.
MY OPINION NOT FINANCIAL ADVISE
  • #623,978
  • Sep 16, 2021 10:51am Sep 16, 2021 10:51am
There is some red sticker data tomorrow also so uk
data too before that. If the Uk data is good we may see a rise to 138. I think though the US data will bring it all back to 137
Insane in the Brain..
  • #623,979
  • Sep 16, 2021 10:57am Sep 16, 2021 10:57am
Quoting MTF Test
{quote} I guess, You must have been holding Gold buys till now ? Ai
no bro, yesterday and today we had a holiday in my country.
not trading since yesterday LC
  • #623,980
  • Sep 16, 2021 11:03am Sep 16, 2021 11:03am
Quoting donfriday
{quote} there is not a year price dont come back to kiss 20 SMA on monthly...so far 2021 we have not gu mid term bearish long term bullish.

Your right , i was just thinking about it and yes probably 1.3800 will get tested as that is the break down point but still not a problem, further downside is more probable.

As for 20 SMA very unlikely

IGNORE THIS POST- think i misunderstood OP , see next post
Follow The Markets Structure - Patience and Discipline
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