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Cable Update (GBPUSD)

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  • Post #626,761
  • Quote
  • Sep 29, 2021 4:09am Sep 29, 2021 4:09am
  •  Mr.Burger
  • Joined Jul 2021 | Status: 2022 target achieved! | 1,036 Posts
Quoting gatenio
Disliked
{quote} i dont see 1.345 see the support, not the pattern
Ignored
Quoting donfriday
Disliked
{quote} thats the current low of 2021 since Jan
Ignored
my view
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Daddy, Brother, Lover, Little Boy
 
3
  • Post #626,762
  • Quote
  • Sep 29, 2021 4:12am Sep 29, 2021 4:12am
  •  iqyu5an
  • Joined Jul 2010 | Status: Always manage your risk & leverage | 7,327 Posts
Quoting Mr.Burger
Disliked
{quote} {quote} my view {image}
Ignored
AB = CD not completed ?
not euphoria follower
 
 
  • Post #626,763
  • Quote
  • Sep 29, 2021 4:12am Sep 29, 2021 4:12am
  •  boodvah
  • | Joined Jan 2021 | Status: PROLIFIC | 354 Posts
bb ny sesh
be a thinker before being a reacter
 
 
  • Post #626,764
  • Quote
  • Sep 29, 2021 4:13am Sep 29, 2021 4:13am
  •  BeeTogether
  • Joined Oct 2020 | Status: Member | 5,891 Posts
Quoting Mr.Burger
Disliked
{quote} {quote} my view {image}
Ignored
Wouldn’t that mean the next A point is higher than current D?
 
1
  • Post #626,765
  • Quote
  • Sep 29, 2021 4:16am Sep 29, 2021 4:16am
  •  Theoak
  • Joined Apr 2019 | Status: Member | 5,492 Posts
3 on aiming for lows
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Don't trade what you think. Just what you see!!!
 
1
  • Post #626,766
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  • Sep 29, 2021 4:17am Sep 29, 2021 4:17am
  •  Georginson
  • Joined Aug 2018 | Status: Veteran | 3,330 Posts
This is still valid... The implication of break of 1.3570 now targets 1.3370 in days ahead... Any pull back of 50 - 150 should be met with a sell. Year end target remains 1.28xx.
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Swing and Intraday
1
7
  • Post #626,767
  • Quote
  • Sep 29, 2021 4:17am Sep 29, 2021 4:17am
  •  Mr.Burger
  • Joined Jul 2021 | Status: 2022 target achieved! | 1,036 Posts
Quoting iqyu5an
Disliked
{quote} AB = CD not completed ?
Ignored
this is a zone where buyers are trying to thwart bearish movement, including AB=CD, final battle where the price will go later
Daddy, Brother, Lover, Little Boy
 
 
  • Post #626,768
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  • Sep 29, 2021 4:17am Sep 29, 2021 4:17am
  •  LvMMT
  • Joined Aug 2019 | Status: Member | 2,224 Posts
Quoting LvMMT
Disliked
Hi folks, I suspected that... herd effect or something similar ... {image} Green pips to all folks! God bless everyone!
Ignored
Maybe drop...


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Green pips to all FF traders!

Good day everyone of you and God bless you!
The only impartial feeling is love. It is also the only feeling of God.
 
 
  • Post #626,769
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  • Sep 29, 2021 4:18am Sep 29, 2021 4:18am
  •  Mr.Burger
  • Joined Jul 2021 | Status: 2022 target achieved! | 1,036 Posts
Quoting BeeTogether
Disliked
{quote} Wouldn’t that mean the next A point is higher than current D?
Ignored
0.618 exp to be exact
Daddy, Brother, Lover, Little Boy
 
1
  • Post #626,770
  • Quote
  • Sep 29, 2021 4:19am Sep 29, 2021 4:19am
  •  babayaga
  • Joined Aug 2010 | Status: Member | 2,474 Posts
Quoting babayaga
Disliked
first TP + 10{image} P.S. + 10 gold as well
Ignored
and then
all short
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P.S. left three runner, one for every pair ( cable, gj & gold)
let's see
dolce vita
 
3
  • Post #626,771
  • Quote
  • Sep 29, 2021 4:21am Sep 29, 2021 4:21am
  •  iqyu5an
  • Joined Jul 2010 | Status: Always manage your risk & leverage | 7,327 Posts
Not going to catch only if below 3200
not euphoria follower
 
1
  • Post #626,772
  • Quote
  • Sep 29, 2021 4:24am Sep 29, 2021 4:24am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 11,286 Posts
GU

Waiting to re -enter long scalp again. Patience.

Only position left from last entry.

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I come from the future.
 
2
  • Post #626,773
  • Quote
  • Sep 29, 2021 4:26am Sep 29, 2021 4:26am
  •  shivohum2015
  • | Joined Sep 2019 | Status: Member | 52 Posts
Quoting donfriday
Disliked
short 13525 tp 13460 sl 13550
Ignored
we are in the same boat, my SL is 3572 though
 
 
  • Post #626,774
  • Quote
  • Sep 29, 2021 4:28am Sep 29, 2021 4:28am
  •  shivohum2015
  • | Joined Sep 2019 | Status: Member | 52 Posts
Quoting iqyu5an
Disliked
Not going to catch only if below 3200
Ignored
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  • Post #626,775
  • Quote
  • Sep 29, 2021 4:29am Sep 29, 2021 4:29am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 11,286 Posts
Quoting Pat Chiko
Disliked
GU Waiting to re -enter long scalp again. Patience. Only position left from last entry. {image}
Ignored
GU

Re-entry scalping.


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I come from the future.
 
5
  • Post #626,776
  • Quote
  • Sep 29, 2021 4:32am Sep 29, 2021 4:32am
  •  kris89
  • Joined Mar 2021 | Status: Crazy Frog | 3,775 Posts
Quoting Pat Chiko
Disliked
{quote} GU Re-entry scalping. {image}
Ignored
test the water , small lot >.<
just going to check if this Shake it OUt

will wait H4 candle close first ^_^

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"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
 
 
  • Post #626,777
  • Quote
  • Sep 29, 2021 4:36am Sep 29, 2021 4:36am
  •  segarann
  • | Joined Jul 2020 | Status: Member | 113 Posts
GU H4
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if break 1.352 we can see 1.3451

Any idea?
 
2
  • Post #626,778
  • Quote
  • Sep 29, 2021 4:36am Sep 29, 2021 4:36am
  •  NotAtrader
  • Joined Oct 2016 | Status: NotAtrader, A Money Machine. | 4,991 Posts
Quoting Pat Chiko
Disliked
{quote} Agreed with your approach. But ,at times we also have to ask our self that if price return to our entry does that mean the trade is still no longer a positive set up for us. Look at the current set up for GU. It spike down and upon went for long entry, price are now returning to the same zone again. Will makes anyone went long earlier to doubt their position now. Likely "shake out"
Ignored
Yes and this is the purpose of false breakouts. The market makers do confuse the retails with false breakouts sometimes.
Unfortunately nothing is perfect and the worse place you can look for perfection is the FOREX industry.
This increases the pressure on the retails to look continuously for smart approaches to avoid traps and false market moves.
The sooner we realize that we are not the one who move the market, the bigger chance we have to become successful traders.

Cheers
Start with 1000$. Increase by 3% every day. After one year 2 213 314$
 
3
  • Post #626,779
  • Quote
  • Sep 29, 2021 4:39am Sep 29, 2021 4:39am
  •  kris89
  • Joined Mar 2021 | Status: Crazy Frog | 3,775 Posts
Quoting NotAtrader
Disliked
{quote} Yes and this is the purpose of false breakouts. The market makers do confuse the retails with false breakouts sometimes. Unfortunately nothing is perfect and the worse place you can look for perfection is the FOREX industry. This increases the pressure on the retails to look continuously for smart approaches to avoid traps and false market moves. The sooner we realize that we are not the one who move the market, the bigger chance we have to become successful traders. Cheers
Ignored
we are Army
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
 
 
  • Post #626,780
  • Quote
  • Sep 29, 2021 4:39am Sep 29, 2021 4:39am
  •  mngnglkl
  • | Joined Mar 2018 | Status: Member | 140 Posts
GU in a very interesting area right now at around 1.35, a multi week resistance/support. Better wait for a clear signal for which trade to take
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Fortune favors the brave.
 
 
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