Cable Update (GBPUSD)

becarefull , when we have FO to LO a rushing pull , we know there is something big move will come , like sling shoot

but guest where will the slingshoot release the ball ? xD

i have no data of course, just observations.

observations from the past, how the way the market structure changed and how big the wicks are at that place.

Alright.. my point of view at that point was they grabbed retail seller with their neck because retail saw hourly close below 3600 with bearish thrust candle..

Hello guys , I am kind of new to trading and I have heard a lot about the importance of money management. I am really curious about your guys' money management.

GU

Moved all target to S&R zone

Moved Stop prior to London Open.

Pending order is in place

SOLD 1,3736 no tp no sl

Goodmorning friends,hope you had good weekend as we enter into another week wishing all a profitable one.first we wish to share with traders that the cause of most losses is not because of trading against the trend afterall price moves up and down but risk exposure. Small account size below 10k will tend to suffer high risk when emotions sets in to use more than 2% of your account size in order to get high profits only to see that trend reverses and caught you napping.Forex market is not a get rich quick thing but must first find a winning system that works all of the time then your performance or post will earn you offers to trade or manage the medium or large account size starting from 100k which gives the comfort of taking 2% per tradeand you may have up to three trading opportunities per day.We also still strive hard to having a clean sheet if perhaps such offers may come our way. Now for the week, cable buyers were in control last week and this week is again going to be bullish, technically seen a support @1.3725 for today and resistance @1.3786 audits going to be a bullish morning if price continues to hold above that support although the market being bearish about the news event but with the Americans naturally bullish today we expect price to touch that resistance and close bullish.,happy trading

the fight on LO , who will take the thropy

could be wrong but it feels like bears are gonna get burned.

3738-3742 is key

burned in what mean bro ?

bear in heating ? xD

YOU know what?
I will take it from here

brave enough , what will your risk sl ?

burned as in there are way too many Sellers whilst price is still making up pulses

Another Shot here?

Hoping 1.37400 double top

But i never good at hoping xD

G/M, Support found in late/ closing asian session/early london after drop to the last/nearest prev 4hr sw hi zone = prev res = pot rbs confluence with 50% 3667-3774 and 23.6% 3568- same 3774 last fri/wk's hi. 1hr bullish hidden div present @ current p/back lo which is a LL on this 1hr t/f.

1hr & 4hr below.

I don't know if it will work ...

I'm waiting ...



God bless everyone!

im awaiting also , if price will keep above 1.37350 or below 1.37350 for my next entry xD