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Cable Update (GBPUSD)

  • #624,301
  • Sep 19, 2021 8:48am Sep 19, 2021 8:48am
Quoting donfriday
{quote} i trade daily for 100-200 pops and 1hr for 25-50 pips I don’t pick trade from anything lower than 1hr and higher than daily . It’s hard to predict but in other way you need to know what the chart is saying failure to read the chart is pure gambling
i usually do trade in 30 min chart.

On friday, the inial stop triggered at 3774, made me to gamble in 5 min chart a bit at 3442, yes it is pure gamble and that is why i took 8 lots for 15 pips.

Eventually I eneded the day positive.

But my chart reading on Friday was totally wrong.

It happens at times.
Intraday only.
  • #624,302
  • Sep 19, 2021 9:01am Sep 19, 2021 9:01am
https://scontent.fbrs4-1.fna.fbcdn.n...ae&oe=616ADAE3
  • #624,303
  • Sep 19, 2021 9:03am Sep 19, 2021 9:03am
Quoting navk
{quote} i usually do trade in 30 min chart. On friday, the inial stop triggered at 3774, made me to gamble in 5 min chart a bit at 3442, yes it is pure gamble and that is why i took 8 lots for 15 pips. Eventually I eneded the day positive. But my chart reading on Friday was totally wrong. It happens at times.

I want to see 140 141 before the crash, some kind of leverage need to come from there . My chart keep telling me so until we break January low and retest ,
MY OPINION NOT FINANCIAL ADVISE
  • #624,304
  • Edited 10:27am Sep 19, 2021 10:15am | Edited 10:27am
Quoting HassanSniper
{quote}{quote} Hi how can i draw best zones in GBPUSD H1 for day trading ?
I use supply and demand to see 1 hr levels.

See the picture attached.

Do not ask me indicator.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD....H1.png Size: 32 KB
Intraday only.
  • #624,305
  • Sep 19, 2021 10:28am Sep 19, 2021 10:28am
Quoting iqyu5an
https://twitter.com/Reuters/status/1438143063306690560
Bad for China, good for gold
  • #624,306
  • Sep 19, 2021 10:28am Sep 19, 2021 10:28am
My view on GU in details...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu.png Size: 52 KB
Click to Enlarge Name: gu1.png Size: 60 KB
Click to Enlarge Name: gu2.png Size: 54 KB
  • #624,307
  • Edited 10:47am Sep 19, 2021 10:32am | Edited 10:47am
Quoting iqyu5an
https://twitter.com/Reuters/status/1438143063306690560
Keeping an eye on Alibaba. Could smell reversal coming.
  • #624,308
  • Sep 19, 2021 10:45am Sep 19, 2021 10:45am
Quoting donfriday
{quote} I want to see 140 141 before the crash, some kind of leverage need to come from there . My chart keep telling me so until we break January low and retest ,
Yes, Donfriday, this what I am after - high 1.40-1.41, then next preferably to 1.46.
GBP is strong, covid under control. Country is in deep debt, but which one isn't? Waiting to hear on Thursdays BOE decision. Possible rate hike earlier then expected - late 2022 from 0.10% to 0.25% (polls suggest).

We should see.

https://www.reuters.com/world/uk/ban...er-2021-09-10/
  • #624,309
  • Sep 19, 2021 11:06am Sep 19, 2021 11:06am
[quote=snowflower;13712141]
Quoting navk
{quote} Georginson & OnlineAddict know where the price is going and they make a lot of profits, just a word no chart Keeping it simple {image}
snowflower, technical traders (at least those I know) don't trade predictions, they trade their setups. The market goes into your zone, you get the trigger, you enter the trade, and then the rest is up to the market. Win or loss.
https://www.forexfactory.com/thread/...9#post13705699
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbp 09.17.1H.png Size: 102 KB
Click to Enlarge Name: DX 09.17.daily.EOD.png Size: 81 KB
Always trade your own plan...I don't provide trading signals.
  • #624,310
  • Sep 19, 2021 11:09am Sep 19, 2021 11:09am
[quote=Coreg2004;13712283]
Quoting snowflower
{quote} snowflower, technical traders (at least those I know) don't trade predictions, they trade their setups. The market goes into your zone, you get the trigger, you enter the trade, and then the rest is up to the market. Win or loss. https://www.forexfactory.com/thread/...9#post13705699 {image} {image}
Do you use harmonic indicator? could you share it?.Thanks
Its all about Timing!!!
  • #624,311
  • Sep 19, 2021 11:15am Sep 19, 2021 11:15am
[quote=Murugesh29;13712284]
Quoting Coreg2004
{quote} Do you use harmonic indicator? could you share it?.Thanks
Murugesh29, no, just the patterns I see forming on the daily, 30M, and 5M charts. All done manually.
Always trade your own plan...I don't provide trading signals.
  • #624,312
  • Sep 19, 2021 11:21am Sep 19, 2021 11:21am
[quote=Coreg2004;13712283]
Quoting snowflower
{quote} snowflower, technical traders (at least those I know) don't trade predictions, they trade their setups. The market goes into your zone, you get the trigger, you enter the trade, and then the rest is up to the market. Win or loss. https://www.forexfactory.com/thread/...9#post13705699 {image} {image}

nice chart
MY OPINION NOT FINANCIAL ADVISE
  • #624,313
  • Sep 19, 2021 11:30am Sep 19, 2021 11:30am
Attached Image (click to enlarge)
Click to Enlarge Name: 2dc6f431dc76e2c640cd1504661bda7d.png Size: 159 KB
Cable outlook. COT Data giving me more shorts than longs and overall market (Weekly) shows a bearish market. Focusing on the market to retrace giving me a nice RRR before heading downwards. Main focus on R-1.4236 and 1.3802. Pivot Point at 1.3739. Thursday reports coming through.
  • #624,314
  • Sep 19, 2021 11:53am Sep 19, 2021 11:53am
[quote=Coreg2004;13712283]
Quoting snowflower
{quote} snowflower, technical traders (at least those I know) don't trade predictions, they trade their setups. The market goes into your zone, you get the trigger, you enter the trade, and then the rest is up to the market. Win or loss. https://www.forexfactory.com/thread/...9#post13705699 {image} {image}
Do you actually think those so called predictions were not a function of set ups that have been sighted also? It will be absolute madness to just predict without proper research, findings and benefit of doubts of being wrong.
Data + Stat + Risk/Emotions Management
  • #624,315
  • Sep 19, 2021 1:01pm Sep 19, 2021 1:01pm
[quote=Coreg2004;13712283]
Quoting snowflower
{quote} snowflower, technical traders (at least those I know) don't trade predictions, they trade their setups. The market goes into your zone, you get the trigger, you enter the trade, and then the rest is up to the market. Win or loss. https://www.forexfactory.com/thread/...9#post13705699 {image} {image}
[quote=Georginson;13712300]
Quoting Coreg2004
{quote} Do you actually think those so called predictions were not a function of set ups that have been sighted also? It will be absolute madness to just predict without proper research, findings and benefit of doubts of being wrong.
Hello mr great trader sorry in advance I saw this thread just to learn and understanding the risks and reward with the method that traders use ( why, where and when ) just put the setup with Entry, SL & TP for actual ( even if it's just a demo account no problem with me ) I will understand
However, I didn't see you two doing that, be brave like other traders here

Cheers for the logic
  • #624,316
  • Sep 19, 2021 1:08pm Sep 19, 2021 1:08pm
[quote=snowflower;13712321][quote=Coreg2004;13712283]{quote}
Quoting Georginson
{quote} Hello mr great trader sorry in advance I saw this thread just to learn and understanding the risks and reward with the method that traders use ( why, where and when ) just put the setup with Entry, SL & TP for actual ( even if it's just a demo account no problem with me ) I will understand However, I didn't see you two doing that, be brave like other traders here Cheers for the logic

you want to see entry. tp and sl?
MY OPINION NOT FINANCIAL ADVISE
  • #624,317
  • Sep 19, 2021 1:15pm Sep 19, 2021 1:15pm
[quote=donfriday;13712324][quote=snowflower;13712321]
Quoting Coreg2004
{quote} {quote} you want to see entry. tp and sl?
I don't want to waste my time with noise traders like you, sorry
  • #624,318
  • Sep 19, 2021 1:33pm Sep 19, 2021 1:33pm
[quote=snowflower;13712325][quote=donfriday;13712324]
Quoting snowflower
{quote} I don't want to waste my time with noise traders like you, sorry

Mofos like you cry in my DM
MY OPINION NOT FINANCIAL ADVISE
  • #624,319
  • Sep 19, 2021 1:35pm Sep 19, 2021 1:35pm
[quote=snowflower;13712325][quote=donfriday;13712324]
Quoting snowflower
{quote} I don't want to waste my time with noise traders like you, sorry
Hey Snowflower.
This is your 5th post in the cable thread and you are coming on like a bull in a china shop. Not the way to do it mate. Take a step back and reassess your approach before posting.
Cheers
Trade to trade another day
  • #624,320
  • Sep 19, 2021 1:43pm Sep 19, 2021 1:43pm
[quote=snowflower;13712321][quote=Coreg2004;13712283]{quote}
Quoting Georginson
{quote} Hello mr great trader sorry in advance I saw this thread just to learn and understanding the risks and reward with the method that traders use ( why, where and when ) just put the setup with Entry, SL & TP for actual ( even if it's just a demo account no problem with me ) I will understand However, I didn't see you two doing that, be brave like other traders here Cheers for the logic
You are just craving for attention and you will not get it. My candid advise is if you don't have anything meaningful to contribute here, kindly leave or stay silent.
Data + Stat + Risk/Emotions Management
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