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Cable Update (GBPUSD)

  • #626,921
  • Sep 29, 2021 8:42am Sep 29, 2021 8:42am
1.34200 next . XD will considering
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #626,922
  • Sep 29, 2021 8:42am Sep 29, 2021 8:42am
Quoting Moty
{image}
wellcome brother what is your chart about GBP
  • #626,923
  • Sep 29, 2021 8:44am Sep 29, 2021 8:44am
Quoting Pat Chiko
{quote} Scalping. Wasn't in front of my PC earlier when price start dropping. Now it's too late to chase the short trade, thus only trying to take quick scalp on pull back.
It's okay, just that I have been reading a lot of "buying" today, yet price is falling pretty hard by almost 100 pips already.
Plan your trades and trade your plan.
  • #626,924
  • Sep 29, 2021 8:44am Sep 29, 2021 8:44am
Quoting Bryan5229
{quote} I thought we are suppose to follow the price, but okay I get that you are in "ost ship".

yes ..

the market is different ..

everyone get what they want or go home to fight another


many of us here short 13919 which was against the trend but here we are crashing
MY OPINION NOT FINANCIAL ADVISE
  • #626,925
  • Sep 29, 2021 8:48am Sep 29, 2021 8:48am
Sentiment shows long are at record, why is it still falling?
Attached Image (click to enlarge)
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  • #626,926
  • Sep 29, 2021 8:50am Sep 29, 2021 8:50am
why..GU..why you dont let me in to follow sell again,
wheres your pullback to let me in..
but no problem i can wait.. lol
Trade what you see, not what you think.. react and stay sharp..
  • #626,927
  • Sep 29, 2021 8:51am Sep 29, 2021 8:51am
If yall look closely. GU and GJ both broke weekly levels and came to retest those levels before moving down. Classic break and retest setup.
I made the same mistake by longing. Market always leaves clues.
  • #626,928
  • Sep 29, 2021 8:52am Sep 29, 2021 8:52am
Do not use moving average Indicator
Use sentiment average + Opposite average

So when u watch & Read a lot of ppl buying then just trade the opposite direction and visa versa
  • #626,929
  • Sep 29, 2021 8:52am Sep 29, 2021 8:52am
Quoting miedpreneur
why..GU..why you dont let me in to follow sell again, wheres your pullback to let me in.. but no problem i can wait.. lol
Entered buy 1.34500 SL 1.34400
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #626,930
  • Sep 29, 2021 8:52am Sep 29, 2021 8:52am
bought cable & gj
dolce vita
  • #626,931
  • Sep 29, 2021 8:53am Sep 29, 2021 8:53am
my low is 3440 which is more than 2/4 of the full price circle of 1.34 region


base on gu i love to use RN with 200pips thats give me 1.3400

i am setting a pending order
Attached Image (click to enlarge)
Click to Enlarge Name: GBP_USD Mini_20210929_13.50.png Size: 66 KB
MY OPINION NOT FINANCIAL ADVISE
  • #626,932
  • Sep 29, 2021 8:54am Sep 29, 2021 8:54am
Quoting babayaga
bought cable & gj
closed in profit
dolce vita
  • #626,933
  • Sep 29, 2021 8:55am Sep 29, 2021 8:55am
Quoting Not-KPMG
... But I came by to flag some old truths.... Brexit Pound buuuuls {quote} If you remember, I always say SELL IT. Spikes, fakes don't matter. Just sell pound, it's and always will be down
Who the hell are you? You polluting air here. Not nice. Just leave...
We will be laughing at you when 1.45 or even higher will be reached.
  • #626,934
  • Sep 29, 2021 8:57am Sep 29, 2021 8:57am
Quoting kris89
{quote} Entered buy 1.34500 SL 1.34400
nice one.. gj man
any target TP?

i see 1.3520 in play now but we need to break 1.347 area first
Trade what you see, not what you think.. react and stay sharp..
  • #626,935
  • Sep 29, 2021 8:57am Sep 29, 2021 8:57am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2021-09-29 085554.png Size: 215 KB
could be wrong tho
be a thinker before being a reacter
  • #626,936
  • Sep 29, 2021 8:59am Sep 29, 2021 8:59am
I give you an example how to counter trend trade today... as I said I don't recommend that to anyone. I know forex market now for 10 years quite well, all in all for 20 years. Counter trend should also not only a tool to trade, not the trade itself.

As expected, hard drop after 1.3450. Good for scalp.

Attached Image
  • #626,937
  • Sep 29, 2021 8:59am Sep 29, 2021 8:59am
Quoting donfriday
{quote} yes .. the market is different .. everyone get what they want or go home to fight another many of us here short 13919 which was against the trend but here we are crashing
I'm looking at daily and I see price started bear trend early June this year and price attempted to break above and start bull trend end of July but failed, that swing after the fail was actually confirming a break of weekly bull structure and around 20th of August price moved up confirming bear structure on weekly and then by 1st of September price started to fall again and could stop at 134500.

What I'm trying to say is that this market has been bearish since June, so it would have been time saving to look for sell trades than to try and catch this obvious bear market.
Plan your trades and trade your plan.
  • #626,938
  • Sep 29, 2021 9:01am Sep 29, 2021 9:01am
Quoting Bryan5229
{quote} I'm looking at daily and I see price started bear trend early June this year and price attempted to break above and start bull trend end of July but failed, that swing after the fail was actually confirming a break of weekly bull structure and around 20th of August price moved up confirming bear structure on weekly and then by 1st of September price started to fall again and could stop at 134500. What I'm trying to say is that this market has been bearish since June, so it would have been time saving to look for sell trades than to try and...

almost 300 pips move up in august
MY OPINION NOT FINANCIAL ADVISE
  • #626,939
  • Sep 29, 2021 9:05am Sep 29, 2021 9:05am
Quoting donfriday
{quote} almost 300 pips move up in august
...that is always the question how "pros" like Bryan5229 handle such situations... it's always easy to come in such a situation like today. I ignore people like that, they are right about what they say but they are also wrong because it's now only about earning money it is also about avoiding losing money. Anyway.
  • #626,940
  • Sep 29, 2021 9:06am Sep 29, 2021 9:06am
Quoting boodvah
target 1.345
getting my target soon, 37 pips im positive on the day
be a thinker before being a reacter
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