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Cable Update (GBPUSD)

  • #629,641
  • Oct 11, 2021 4:06am Oct 11, 2021 4:06am
Quoting phd893
H3 {image}
sniper
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #629,642
  • Oct 11, 2021 4:07am Oct 11, 2021 4:07am
the simple chart to understand

look at Feb, Mar and April
May-June bearish engulf
also look at July and August

breakout in September
retest in October


i am short sl above 2021 september open


closed previous short at BE reentered
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MY OPINION NOT FINANCIAL ADVISE
  • #629,643
  • Oct 11, 2021 4:14am Oct 11, 2021 4:14am
Quoting donfriday
the simple chart to understand look at Feb, Mar and April May-June bearish engulf also look at July and August breakout in September retest in October i am short sl above 2021 september open {image}
Breathtaking observation... Nice chart. The upper wick is already 201 pips for October (open to high range). In all honesty only if price stays above 1.3686 by 20th of this month will I ever change my bearish bias. Timing and precision work hand in hand to sight when break out will likely occur. Weldone once more on this chart.
Data + Stat + Risk/Emotions Management
  • #629,644
  • Oct 11, 2021 4:16am Oct 11, 2021 4:16am
G/M, 2 x fibs and Wkly R1 @/about the current 3673 dly hi, this achieved after a late asian/early london run up following an asian session pullback after an initial run up. As others have noted/intimated - may see a drop off in liquidity later re U.s Bank Hol.

1hr below.
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Trader with an Edge.
  • #629,645
  • Oct 11, 2021 4:18am Oct 11, 2021 4:18am
Quoting kris89
{quote} not really , we already have daily range today reach 70 pip xD
yup and as I posted that the pound tanked lol.
Insane in the Brain..
  • #629,646
  • Oct 11, 2021 4:21am Oct 11, 2021 4:21am
Quoting KiwiTrada
{quote} I have just entered short 8098 previous monthly high, it is very early and it is counter trend, may take time to play out?
Yes, nice. As I got in early, I keep moving my TP , according to Daily FX next resistance 82.84 and 90.68 (Key). 80 to 100 perhaps, but USA might intervene. We will see.
Nice pips for you on retracements!

Please let me know if you hear any updates on Oil situation, next meeting to be held in Nov.
  • #629,647
  • Oct 11, 2021 4:23am Oct 11, 2021 4:23am
Quoting Pat Chiko
{quote} Very very lucky trade on Monday Just hang on tere {image}
oh man
  • #629,648
  • Oct 11, 2021 4:25am Oct 11, 2021 4:25am
... there is a 3 fib cluster 3612-04.

4hr below
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Trader with an Edge.
  • #629,649
  • Oct 11, 2021 4:25am Oct 11, 2021 4:25am
good to see rejection there, will we pass 1.3600 ? xD best on earth
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #629,650
  • Oct 11, 2021 4:29am Oct 11, 2021 4:29am
nice down.. close my short.. seek up move for short again.. bullish channel on intraday still bothered me to hold short for now..
Trade what you see, not what you think.. react and stay sharp..
  • #629,651
  • Oct 11, 2021 4:30am Oct 11, 2021 4:30am
Quoting Georginson
{quote} Breathtaking observation... Nice chart. The upper wick is already 201 pips for October (open to high range). In all honesty only if price stays above 1.3686 by 20th of this month will I ever change my bearish bias. Timing and precision work hand in hand to sight when break out will likely occur. Weldone once more on this chart.


time will give us what we want

i have interest in 133 and 132 i have swing plans for those levels but to early for now.

we win or learn we dont lose
MY OPINION NOT FINANCIAL ADVISE
  • #629,652
  • Oct 11, 2021 4:31am Oct 11, 2021 4:31am
Quoting W0lfram
{quote} At least something. Long 1.3667 tp 1.368
Anti-sniper
Air force
  • #629,653
  • Oct 11, 2021 4:32am Oct 11, 2021 4:32am
Quoting miedpreneur
nice down.. close my short.. seek up move for short again.. bullish channel on intraday still bothered me to hold short for now..
okay good cash in >.<

as the price if broken 1.36000 maybe we can get a huge dropped
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #629,654
  • Oct 11, 2021 4:35am Oct 11, 2021 4:35am
What about buying some?

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  • #629,655
  • Oct 11, 2021 4:35am Oct 11, 2021 4:35am
please can someone share with me the method existing a long position. it's so frustrating being in profit and in few minutes u are in loses. am new to forex trading.
  • #629,656
  • Oct 11, 2021 4:36am Oct 11, 2021 4:36am
Switched to long
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yes yes yes
  • #629,657
  • Oct 11, 2021 4:37am Oct 11, 2021 4:37am
Quoting kris89
{quote} okay good cash in >.<
yes.. just one thing it keep bothered me.. GU looks like have unfinished target up there to be reach..
idk maybe im wrong but my chart still not giving me good market structur to follow yet..
Trade what you see, not what you think.. react and stay sharp..
  • #629,658
  • Oct 11, 2021 4:40am Oct 11, 2021 4:40am
Quoting miedpreneur
{quote} yes.. just one thing it keep bothered me.. GU looks like have unfinished target up there to be reach.. idk maybe im wrong but my chart still not giving me good market structur to follow yet..
PA is unique , sometimes it left mark and goes down like shippy
you can feel it when it pass 1.36000 , the shippy move . hahhaa
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #629,659
  • Oct 11, 2021 4:44am Oct 11, 2021 4:44am
Quoting Jolita
We are up. Short added at 13671.60 tp +50

Banked. Nice one
  • #629,660
  • Oct 11, 2021 4:45am Oct 11, 2021 4:45am
Quoting kris89
{quote} PA is unique , sometimes it left mark and goes down like shippy you can feel it when it pass 1.36000 , the shippy move . hahhaa
yupz.. ill wait another set up maybe i buy later..
Trade what you see, not what you think.. react and stay sharp..
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