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Cable Update (GBPUSD)

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  • Post #627,821
  • Quote
  • Oct 4, 2021 4:15am Oct 4, 2021 4:15am
  •  Headland
  • Joined Apr 2020 | Status: trading | 3,794 Posts
G/M, rangy - bullish to start the new week with the move s exceeding the friday hi and friday pullback lo off that hi by just a pip or two...that 3566- circa 3610 potential 4hr+ sbr zone still the 1st real upside obstacle for bulls to overcome.

1hr below.
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Intraday (mainly) swing scalper via Supp/Res & Pa etc.
 
3
  • Post #627,822
  • Quote
  • Oct 4, 2021 4:16am Oct 4, 2021 4:16am
  •  Georginson
  • Joined Aug 2018 | Status: Veteran | 2,612 Posts
Quoting hasib
Disliked
Jack D. Schwager lessons. 1) There are a million ways to make money on the market. You have to find a path, not THE path. 2)Find a method that fits your personality. 3) Every trading system is going to hit periods where it is not going to do well due to Market news and different agendas from Big players. 4) If you choose someone else's trading system that does not follow your personality - you will fail. (This is why retail traders who want signals from others and success is very short term and not profitable, even so the provider is profitable.)...
Ignored
This is a masterpiece... Number 6 sums it up.
Swing and Intraday
1
3
  • Post #627,823
  • Quote
  • Oct 4, 2021 4:17am Oct 4, 2021 4:17am
  •  LvMMT
  • Joined Aug 2019 | Status: Member | 1,687 Posts
Quoting hasib
Disliked
Jack D. Schwager lessons. 1) There are a million ways to make money on the market. You have to find a path, not THE path. 2)Find a method that fits your personality. 3) Every trading system is going to hit periods where it is not going to do well due to Market news and different agendas from Big players. 4) If you choose someone else's trading system that does not follow your personality - you will fail. (This is why retail traders who want signals from others and success is very short term and not profitable, even so the provider is profitable.)...
Ignored

Thank you and God bless you hasib ...

This one.....

26) You need to have the love and passion for trading - Otherwise you will not be successful.

PUT IT FIRST....
The only impartial feeling is love. It is also the only feeling of God.
 
3
  • Post #627,824
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  • Oct 4, 2021 4:20am Oct 4, 2021 4:20am
  •  miedpreneur
  • | Joined Oct 2020 | Status: Member | 537 Posts
Quoting hasib
Disliked
Jack D. Schwager lessons. 1) There are a million ways to make money on the market. You have to find a path, not THE path. 2)Find a method that fits your personality. 3) Every trading system is going to hit periods where it is not going to do well due to Market news and different agendas from Big players. 4) If you choose someone else's trading system that does not follow your personality - you will fail. (This is why retail traders who want signals from others and success is very short term and not profitable, even so the provider is profitable.)...
Ignored

Absolutely right
Trade what you see, not what you think.. react and stay sharp..
 
2
  • Post #627,825
  • Quote
  • Oct 4, 2021 4:34am Oct 4, 2021 4:34am
  •  Headland
  • Joined Apr 2020 | Status: trading | 3,794 Posts
... real battle going on in this 1hr congestion area now as supply again comes in @ bottom of the 4hr part of the prev 1hr/4hr sw hi zone that extends to 3577...this coexistant with that pot sbr zone on 4hr + 3566-circa 3610.

Which way will it break and will it be a true break?

4hr below.
Attached Image
Intraday (mainly) swing scalper via Supp/Res & Pa etc.
 
2
  • Post #627,826
  • Quote
  • Oct 4, 2021 4:37am Oct 4, 2021 4:37am
  •  Maximumheigh
  • | Joined Sep 2020 | Status: Member | 447 Posts
Good morning friends.
My market outlook today is downward movement towards 1.347x. So I am on a short. If it goes higher, I will enter another set of shorts. IMO
 
 
  • Post #627,827
  • Quote
  • Oct 4, 2021 4:38am Oct 4, 2021 4:38am
  •  DailyChart
  • Joined Nov 2013 | Status: Equilibrium Zones | 2,237 Posts
Short Signal @LO Open & Market already formed Fake & Shake Setup
 
 
  • Post #627,828
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  • Oct 4, 2021 4:39am Oct 4, 2021 4:39am
  •  donfriday
  • Joined Jan 2009 | Status: WHO AM I €&$ ? | 6,823 Posts
Quoting hasib
Disliked
Jack D. Schwager lessons. 1) There are a million ways to make money on the market. You have to find a path, not THE path. 2)Find a method that fits your personality. 3) Every trading system is going to hit periods where it is not going to do well due to Market news and different agendas from Big players. 4) If you choose someone else's trading system that does not follow your personality - you will fail. (This is why retail traders who want signals from others and success is very short term and not profitable, even so the provider is profitable.)...
Ignored

i said something like this before.
build your own house that when you are blindfolded you can find ur way out

a trading system is like a house building you need to structure how you want it to be.
I NEVER LOSE/=I EITHER WIN OR LEARN
 
1
  • Post #627,829
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  • Oct 4, 2021 4:41am Oct 4, 2021 4:41am
  •  Ilvez
  • Joined May 2020 | Status: Just looking | 498 Posts
He is wrong, no 3. happens ALL the time

Too much universal truths for my liking but nice to print out and nod admirably every time you read it.

Quoting hasib
Disliked
Jack D. Schwager lessons.

….

3) Every trading system is going to hit periods where it is not going to do well due to Market news and different agendas from Big players.

.,,
Ignored
 
1
  • Post #627,830
  • Quote
  • Oct 4, 2021 4:42am Oct 4, 2021 4:42am
  •  Whale
  • Joined Jun 2013 | Status: Eyes on the prize | 7,076 Posts
Quoting DailyChart
Disliked
Short Signal @LO Open & Market already formed Fake & Shake Setup
Ignored
agree.. but i dont know how dip it can take us
 
1
  • Post #627,831
  • Quote
  • Oct 4, 2021 4:44am Oct 4, 2021 4:44am
  •  MTF Test
  • Joined May 2008 | Status: I Loose, I Win, I Conquer | 1,663 Posts
Quoting mysterio
Disliked
{quote} 40 pip target {image}
Ignored
Taken the same trade - TP 1.60xx

Good Luck buddy!
Fools Rushing
 
3
  • Post #627,832
  • Quote
  • Oct 4, 2021 4:45am Oct 4, 2021 4:45am
  •  mysterio
  • Joined Sep 2009 | Status: Member | 4,842 Posts
Quoting MTF Test
Disliked
{quote} Taken the same trade - TP 1.60xx Good Luck buddy!
Ignored
Good luck man

I already closed the bulk with 26 pips as I only had 3 pips SL, 20pc runner still going

I think its' a sell week but I believe we have to go a bit higher first but anything can happen
 
1
  • Post #627,833
  • Quote
  • Oct 4, 2021 4:46am Oct 4, 2021 4:46am
  •  kris89
  • Joined Mar 2021 | Status: Crazy Frog | 3,775 Posts
Quoting MTF Test
Disliked
{quote} Taken the same trade - TP 1.60xx Good Luck buddy!
Ignored
1.60 O.o "

waiting H4 candle
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
 
1
  • Post #627,834
  • Quote
  • Oct 4, 2021 4:49am Oct 4, 2021 4:49am
  •  Whale
  • Joined Jun 2013 | Status: Eyes on the prize | 7,076 Posts
Quoting kris89
Disliked
{quote} 1.60 O.o " waiting H4 candle
Ignored
I dont think this candle going to tell us something new.

Will Be back in 4 hours.
 
1
  • Post #627,835
  • Quote
  • Oct 4, 2021 4:51am Oct 4, 2021 4:51am
  •  iqyu5an
  • Joined Jul 2010 | Status: Always manage your risk & leverage | 7,327 Posts
Quoting DailyChart
Disliked
Short Signal @LO Open & Market already formed Fake & Shake Setup
Ignored
Mainland Bank still in hoooooliiiiiidayyyy broh
not euphoria follower
 
1
  • Post #627,836
  • Quote
  • Oct 4, 2021 4:59am Oct 4, 2021 4:59am
  •  kris89
  • Joined Mar 2021 | Status: Crazy Frog | 3,775 Posts
Quoting iqyu5an
Disliked
{quote} Mainland Bank still in hoooooliiiiiidayyyy broh
Ignored
Fun Land aja lho ^_^

ini senin , biasanya mainnya di malam NYO , haha pagi2 untuk ngikis orang mental lemah
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
 
 
  • Post #627,837
  • Quote
  • Edited at 5:24am Oct 4, 2021 5:10am | Edited at 5:24am
  •  Headland
  • Joined Apr 2020 | Status: trading | 3,794 Posts
... a break above the current dly hi @ 3577 could see the zone leading to it act as potential rbs....but of course a break above it lands price in the higher t/f pot sbr zone to circa 3610. (3600-10 is a 4 fib cluster.) Supply could emerge anywhere in this? Bulls will do well to get north of it? 4hr bearish hidden div is present and could develop further whilst price is below 3729, be aware though if we see a new dly hi it will become the 3rd HH on 4hr when it forms fractally after 2 x HL's (3 candle fractal swings.)
Intraday (mainly) swing scalper via Supp/Res & Pa etc.
 
2
  • Post #627,838
  • Quote
  • Oct 4, 2021 5:12am Oct 4, 2021 5:12am
  •  mysterio
  • Joined Sep 2009 | Status: Member | 4,842 Posts
Quoting mysterio
Disliked
{quote} 40 pip target {image}
Ignored
40 pips

Now lets look out for a short, no rush
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  • Post #627,839
  • Quote
  • Oct 4, 2021 5:13am Oct 4, 2021 5:13am
  •  IBabyTrader
  • | Joined Apr 2021 | Status: Member | 534 Posts
Quoting IBabyTrader
Disliked
May be this, who knows. {image}
Ignored
Trading the plan
 
1
  • Post #627,840
  • Quote
  • Oct 4, 2021 5:15am Oct 4, 2021 5:15am
  •  iqyu5an
  • Joined Jul 2010 | Status: Always manage your risk & leverage | 7,327 Posts
Quoting kris89
Disliked
{quote} Fun Land aja lho ^_^ ini senin , biasanya mainnya di malam NYO , haha pagi2 untuk ngikis orang mental lemah
Ignored
Biarin aja broker makan SL dulu.. hehehehe
not euphoria follower
 
 
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