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Cable Update (GBPUSD)

  • #628,121
  • Oct 5, 2021 6:39am Oct 5, 2021 6:39am
Quoting IBabyTrader
{quote} What is your SL? Just curious, what if YH is taken out?
I pick a point where it's likely to react then set to BE after 8-10 pips

Yea noticed we were getting close then re-entered after being taken out BE
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  • #628,122
  • Edited 6:52am Oct 5, 2021 6:40am | Edited 6:52am
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yes yes yes
  • #628,123
  • Oct 5, 2021 6:45am Oct 5, 2021 6:45am
Quoting mysterio
{quote} I pick a point where it's likely to react then set to BE after 8-10 pips Yea noticed we were getting close then re-entered after being taken out BE {image}
Dam man you are perfect on bullz eye
  • #628,124
  • Oct 5, 2021 6:45am Oct 5, 2021 6:45am
Quoting mysterio
{quote} I pick a point where it's likely to react then set to BE after 8-10 pips Yea noticed we were getting close then re-entered after being taken out BE {image}
very clever.
I am seeing a double top on 4hr. Does that mean, end of upside rally?

or temporary dip due to EG retrace? Too many questions in my brain now :-)
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  • #628,125
  • Oct 5, 2021 6:49am Oct 5, 2021 6:49am
Shorted gbpusd
  • #628,126
  • Oct 5, 2021 6:51am Oct 5, 2021 6:51am
Been a long while guys. I see some really good traders strutting their stuff here. Good to see. Since Mr. Trump lost his election (I fully expected him to win but he lost anyway) and till now I have had a lot on my plate. But, good to get back to trading again.

@gatenio, I would have lost my bet with you.
@mysterio, I see you taking really sharp-shooter trades.
@wavegarrick, almost always right, as usual.
@all, I hope you have been making profits.
  • #628,127
  • Oct 5, 2021 6:57am Oct 5, 2021 6:57am
Quoting Mitiblotch
Been a long while guys. I see some really good traders strutting their stuff here. Good to see. Since Mr. Trump lost his election (I fully expected him to win but he lost anyway) and till now I have had a lot on my plate. But, good to get back to trading again. @gatenio, I would have lost my bet with you. @mysterio, I see you taking really sharp-shooter trades. @wavegarrick, almost always right, as usual. @all, I hope you have been making profits.
hi, one of the best.
long time, you are missing friend.
  • #628,128
  • Oct 5, 2021 6:57am Oct 5, 2021 6:57am
Quoting mysterio
{quote} I pick a point where it's likely to react then set to BE after 8-10 pips Yea noticed we were getting close then re-entered after being taken out BE {image}
Scale out below the EQL 1.3614.. 10xR

Edit- derp, closed as we deflected from the m5 demand, dont get greedy !
  • #628,129
  • Oct 5, 2021 7:01am Oct 5, 2021 7:01am
Quoting Mitiblotch
Been a long while guys. I see some really good traders strutting their stuff here. Good to see. Since Mr. Trump lost his election (I fully expected him to win but he lost anyway) and till now I have had a lot on my plate. But, good to get back to trading again. @gatenio, I would have lost my bet with you. @mysterio, I see you taking really sharp-shooter trades. @wavegarrick, almost always right, as usual. @all, I hope you have been making profits.
Thanks! Look forward to seeing your trades
  • #628,130
  • Oct 5, 2021 7:05am Oct 5, 2021 7:05am
Quoting navk
The price is going to drop in NY session I think. Consolidation going on now. Stop 3629 for my shorts
this is stopped out.

Now, new short taken. stop 3640
Intraday only.
  • #628,131
  • Oct 5, 2021 7:11am Oct 5, 2021 7:11am
why did Gu pull back from my tp by 7pips


i hate this dont try it next time
MY OPINION NOT FINANCIAL ADVISE
  • #628,132
  • Oct 5, 2021 7:14am Oct 5, 2021 7:14am
seems to be chomping at the bits here.
testing the 50% fibo resistance.
If it breaks, reckon it will be 3715 and then 3810...
Make pips, not war!
  • #628,133
  • Oct 5, 2021 7:15am Oct 5, 2021 7:15am
Hi to all...no supply at moment....
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  • #628,134
  • Oct 5, 2021 7:15am Oct 5, 2021 7:15am
I went short but was stopped prematurely. I am waiting for another opportunity to go short risking 10 pips
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  • #628,135
  • Oct 5, 2021 7:15am Oct 5, 2021 7:15am
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  • #628,136
  • Oct 5, 2021 7:16am Oct 5, 2021 7:16am
Quoting donfriday
why did Gu pull back from my tp by 7pips i hate this dont try it next time
your tp should be 1.35.. and below
  • #628,137
  • Oct 5, 2021 7:23am Oct 5, 2021 7:23am
short only below 1.35920
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yes yes yes
  • #628,138
  • Oct 5, 2021 7:24am Oct 5, 2021 7:24am
Quoting gatenio
{quote} your tp should be 1.35.. and below

in long


closed my short at loss, there will be another tomorrow
MY OPINION NOT FINANCIAL ADVISE
  • #628,139
  • Oct 5, 2021 7:30am Oct 5, 2021 7:30am
Decide on the trend, and then hold ones position. Price will fluctuate within the trend.
  • #628,140
  • Oct 5, 2021 7:34am Oct 5, 2021 7:34am
If I am correct we are in our 5th wave, which normally corrects downwards
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