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Cable Update (GBPUSD)

  • #625,021
  • Sep 22, 2021 5:52am Sep 22, 2021 5:52am
These SHORTS are so moreish SOLD again 1.3645 no sl no tp
  • #625,022
  • Sep 22, 2021 5:52am Sep 22, 2021 5:52am
GU should go down more 13630 is the current low and not a full circle

between 13605 to 13599 is a full circle of 13699
MY OPINION NOT FINANCIAL ADVISE
  • #625,023
  • Sep 22, 2021 5:53am Sep 22, 2021 5:53am
We still bottoming. Maybe we can see a huge move after daily candle close at least 50% above the last candle . Still in these week we on wednesday. 2 day remaining with a huge news. Maybe we can see a splash splash these week where it headed first
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #625,024
  • Sep 22, 2021 5:53am Sep 22, 2021 5:53am
Quoting Houtbay
Gbpjpy and Gbpusd I have shorted
My view daily Gbpjpy ...

Attached Image (click to enlarge)
Click to Enlarge Name: GbpJpyDaily.png Size: 76 KB


God bless you Houtbay and God bless everyone!
The only impartial feeling is love. It is also the only feeling of God.
  • #625,025
  • Sep 22, 2021 5:54am Sep 22, 2021 5:54am
Quoting genadi
{quote} dont you think you are little too late? where are your stops? where are your targets? how much % do you risk with this trade?
You are correct. Too late! Will kill this soon!
Don't trade what you think. Just what you see!!!
  • #625,026
  • Sep 22, 2021 5:56am Sep 22, 2021 5:56am
price is like a clock
MY OPINION NOT FINANCIAL ADVISE
  • #625,027
  • Sep 22, 2021 6:07am Sep 22, 2021 6:07am
after london open closed below 3650 and retested after 3hrs this mean the bear are still 100% incharge of the movement

next level is 13625, 13615 and 13610 for buyers to be making deals they need to push price to those levels


there is now a momentum to go lower
MY OPINION NOT FINANCIAL ADVISE
  • #625,028
  • Sep 22, 2021 6:12am Sep 22, 2021 6:12am
Well, this is getting interesting - still looking short

1.3600 could be a contender before news later.
I AM BIASED - MY THOUGHTS ARE AGAINST YOURS
  • #625,029
  • Sep 22, 2021 6:15am Sep 22, 2021 6:15am
Quoting jezzode
More and more buying - if this tanks (which I hope it does) then if we listen carefully you will hear people screaming {image}
there is nothing wrong in buying GU at these levels ... short term.. yes it could fall further but going long here is not a terrible choice. imo

Happy Trading
Trades technical moves enforced by fundamentals
  • #625,030
  • Sep 22, 2021 6:16am Sep 22, 2021 6:16am
Quoting post
{quote} there is nothing wrong in buying GU at these levels ... short term.. yes it could fall further but going long here is not a terrible choice. imo Happy Trading
Totally agree with you! That's for sure.

It depends if you want to trade with or against momentum - easy to say this in hindsight ofc

There will always be a major top or bottom at some point, and that's when i'm wrong!

Happy trading!
I AM BIASED - MY THOUGHTS ARE AGAINST YOURS
  • #625,031
  • Sep 22, 2021 6:26am Sep 22, 2021 6:26am
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 27 KB
yes yes yes
  • #625,032
  • Sep 22, 2021 6:51am Sep 22, 2021 6:51am
Quoting jezzode
{quote} Totally agree with you! That's for sure. It depends if you want to trade with or against momentum - easy to say this in hindsight ofc There will always be a major top or bottom at some point, and that's when i'm wrong! Happy trading!
Who know when momentum change and temporary bottom or top is in place? Nobody.
we use some patterns, everyone got something

trading is a probability game.
Risk management is the only thing you can control on.

buy now? Sell now? You are not wrong for sure.
After swing low its very clear that traders look for retrace or reversal.
MM, majority.. who cares.

strategy+discipline+risk management= Reward.
  • #625,033
  • Sep 22, 2021 7:05am Sep 22, 2021 7:05am
Quoting gatenio
{quote} Who know when momentum change and temporary bottom or top is in place? Nobody. we use some patterns, everyone got something trading is a probability game. Risk management is the only thing you can control on. buy now? Sell now? You are not wrong for sure. After swing low its very clear that traders look for retrace or reversal. MM, majority.. who cares. strategy+discipline+risk management= Reward.
Yea i'm with you - we know what makes a good trading plan, plain and simple.

As a trend trader myself, I often go against the crowed - lets face it, 'most' want to pick tops and bottoms as it's seen as a great RR opportunity. The issue is that you really only have one shot by definition. If that's someone's bag and it works for them, then fantastic!

I'm not here to tell anyone what to do, I couldn't care less what others do if i'm honest

I'm just tired waiting for GU to tank and over posting here, evidently lol.
I AM BIASED - MY THOUGHTS ARE AGAINST YOURS
  • #625,034
  • Sep 22, 2021 7:07am Sep 22, 2021 7:07am
Quoting iqyu5an
Temporary support seen @ 3600 - 3650
Waiting for ending diagonal confirmation .....
not euphoria follower
  • #625,035
  • Sep 22, 2021 7:08am Sep 22, 2021 7:08am
playing with the price


scalp long 13635
MY OPINION NOT FINANCIAL ADVISE
  • #625,036
  • Sep 22, 2021 7:16am Sep 22, 2021 7:16am
Quoting jezzode
{quote} Yea i'm with you - we know what makes a good trading plan, plain and simple. As a trend trader myself, I often go against the crowed - lets face it, 'most' want to pick tops and bottoms as it's seen as a great RR opportunity. The issue is that you really only have one shot by definition. If that's someone's bag and it works for them, then fantastic! I'm not here to tell anyone what to do, I couldn't care less what others do if i'm honest I'm just tired waiting for GU to tank and over posting here, evidently lol.

trend determined on what tf you are trading.

in my country some stores only open in the morning others afternoon and some even open only for late night, they have figure out what market they want to attend and such they keep doing it.

find ur risk and reward and let market decide, you must have a mindset of when you want to enter and get out of a trade.

example on normal days 100pips will not be on straight line there will be some counter trend between.

my motto learn what to do and do what you know.
MY OPINION NOT FINANCIAL ADVISE
  • #625,037
  • Sep 22, 2021 7:19am Sep 22, 2021 7:19am
Attached Image (click to enlarge)
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  • #625,038
  • Sep 22, 2021 7:21am Sep 22, 2021 7:21am
Quoting donfriday
{quote} trend determined on what tf you are trading.
I trade M30 - so i'm looking for 96SMA (2 complete days at NYC as a reference) + combined confirmation that prior day has broken prior prior day lows or highs

Simple stuff really, L>LL / H>HH

No need to over complicate, imo

Also a stat addict - but that's a story for another day.

Nice motto too.
I AM BIASED - MY THOUGHTS ARE AGAINST YOURS
  • #625,039
  • Sep 22, 2021 7:24am Sep 22, 2021 7:24am
Quoting jezzode
{quote} I trade M30 - so i'm looking for 96SMA (2 complete days at NYC as a reference) + combined confirmation that prior day has broken prior prior day lows or highs Simple stuff really, L>LL / H>HH No need to over complicate, imo Also a stat addict - but that's a story for another day. Nice motto too.

keep doing what work best ...patience is a virtue never get afraid of i might lose
MY OPINION NOT FINANCIAL ADVISE
  • #625,040
  • Sep 22, 2021 7:26am Sep 22, 2021 7:26am
Quoting Waveskierrob
SOLD 1.3652 no sl no tp 3rd time lucky
Good things come to those that wait, all 4 SHORTS closed @ 1.3630 +97 nice ones ... have it
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