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Cable Update (GBPUSD)

  • #632,001
  • Oct 19, 2021 5:35am Oct 19, 2021 5:35am
Quoting iqyu5an
{quote} https://youtu.be/S302kF8MJ-I

u should be making music u are here trading fx
MY OPINION NOT FINANCIAL ADVISE
  • #632,002
  • Oct 19, 2021 5:36am Oct 19, 2021 5:36am
Quoting kk300
{quote} Activated Sell @ 3776 sl 10 pip.. Tp 3680.. buy limit waiting there...
What in the name of God happend here... was away and this happend..
  • #632,003
  • Oct 19, 2021 5:37am Oct 19, 2021 5:37am
Quoting Georginson
{quote} 50% of 1.4249 (high) and 1.3411 (low) is 1.3830. ✓above 1.3830 means 1.45 by or before year end; ✓below 1.3830 means 1.31 by or before year end. 1.45 (30%) chance 1.31 (70%) chance. October Close decides the destination.
1.3830 is the mid zone of 2021... The Tie decider of year 2021.
Data + Stat + Risk/Emotions Management
  • #632,004
  • Oct 19, 2021 5:38am Oct 19, 2021 5:38am
Quoting dele5000
{quote} MOTY, MOTY, MOTY, please you need to reconsider your positions, i think you are buying at a very high price, the move today is likely to be massive and possibly down move, may someone never be on the wrong side today!!!
Its a dangerous game trying to influence others on your opinions , nobody knows for sure
  • #632,005
  • Oct 19, 2021 5:42am Oct 19, 2021 5:42am
Quoting coyoteuglyxxx
{quote} I was horribly wrong. Shorted, she stopped me out. I’m not buying this move.
I took a short too, counter trend move got stopped out for 6 pips. Going against such a strong trend is always a big mistake. lesson learnt.
  • #632,006
  • Oct 19, 2021 5:43am Oct 19, 2021 5:43am
Quoting KiwiTrada
{quote} yes been awhile since we seen 3800 should be tough "again" :-)
1st attempt was like trough butter, nu au eu @ daily resistance tempted to sell gu 3830 possible spike into sellers stops,but deciding to see if she retest 1 3800 1st, gbp strength a little hard to fathom at moment?
If you are new to Forex? Say Goodbye to your account!!
  • #632,007
  • Oct 19, 2021 5:44am Oct 19, 2021 5:44am
One Last one Gang...

The Bigger TF's are what's in Play here,
As i always generally "Gloss" those more 'Senior', than ourselves in here,
and give credit, to where credit is due;
Attached Image (click to enlarge)
Click to Enlarge Name: 10_19_2021 GBP_USD The BIGGER Picture Wkly_Monthly.png Size: 92 KB
Check out Pip Farm's stuff of the 'Bigger TF's.
-They are what make you "Cringe", as to why you are playing the smaller TF's;
and why we get bruised, cut & bleeding oftentimes(s), myself included at times,
multiple times.
My best Gang,
Have an Incredible Week & 'Rest of the Year,
if unable to jump back in / out of here.

Jeff...
I will work to Objectively Identify my Edges
  • #632,008
  • Oct 19, 2021 5:46am Oct 19, 2021 5:46am
I am taking short from here @1.3830. This pass weeks have been a tough one.
  • #632,009
  • Oct 19, 2021 5:51am Oct 19, 2021 5:51am
Quoting donfriday
{quote} u should be making music u are here trading fx
Trading should be fun ... no stress mate hahahhaha

Salam
not euphoria follower
  • #632,010
  • Oct 19, 2021 5:58am Oct 19, 2021 5:58am
Quoting Pat Chiko
{quote} GU Stopped out {image}
is there a way to know why this particular trade failed?
  • #632,011
  • Oct 19, 2021 5:58am Oct 19, 2021 5:58am
Quoting kris89
{quote} 100 pip daily reach in no time , and before NYO , what will NYO plan for us ? xD
another 100
  • #632,012
  • Oct 19, 2021 6:00am Oct 19, 2021 6:00am
Quoting mysterio
I think another push up then i'll sell
i'm in my first sell. stop goes to BE asap. Its not certain. Breaking above the last small high and im out

Quoting genadi
{quote} is there a way to know why this particular trade failed?
I don't want to speak for Pat. Forex is a game of probabilities and RR. We can have the best ideas and they are not all guaranteed to succeed. Aside from that any number of things can happen in our lives (lack of sleep,, or whatever it may be) that may make our analysis wrong. In this case with retail over 80% short I believe MMs are making another push to clear out all the early sellers. Cable does this commonly. Price will not obey all SnR and S&D. Even with confirmations things can happen. The banks move the price the lines on our chart only help us gain an edge in the probability game
Attached Image (click to enlarge)
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  • #632,013
  • Oct 19, 2021 6:06am Oct 19, 2021 6:06am
TP set to 13835 will look to sell there
also SL set to 138

edit amended TP to 13850. If it exceeds it I will reneged long at slight retest for possible 139.
Insane in the Brain..
  • #632,014
  • Oct 19, 2021 6:09am Oct 19, 2021 6:09am
Price action is sweet when other things seems disappointing and out of reach price action stands out.......
GREATEST WISDOM AND POSITIVE ENABLEMENT COMES FROM ALMIGHTY GOD
  • #632,015
  • Oct 19, 2021 6:10am Oct 19, 2021 6:10am
Quoting mysterio
{quote} i'm in my first sell. stop goes to BE asap. Its not certain. Breaking above the last small high and im out {quote} I don't want to speak for Pat. Forex is a game of probabilities and RR. We can have the best ideas and they are not all guaranteed to succeed. Aside from that any number of things can happen in our lives (lack of sleep,, or whatever it may be) that may make our analysis wrong. In this case with retail over 80% short I believe MMs are making another push to clear out all the early sellers. Cable does this commonly. Price will...
I think BeeTogether said it best in a couple of lines. Technically she was ready to drop by the looks of it, but fundamentally they’re stirring the crap out of her IMO. She is always right though, no arguments here.
Did you place your stop loss order? Why not?!? Story of my life...
  • #632,016
  • Oct 19, 2021 6:11am Oct 19, 2021 6:11am
Right in the zone. Watching PA for reversal signs. Dont be too quick to short
Attached Image(s) (click to enlarge)
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  • #632,017
  • Edited 6:54am Oct 19, 2021 6:12am | Edited 6:54am
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 29 KB
yes yes yes
  • #632,018
  • Oct 19, 2021 6:12am Oct 19, 2021 6:12am
Quoting genadi
{quote} is there a way to know why this particular trade failed?
First H4 candle shown its strength with bottom wicks and shaven top. Shows buyer with no seller

Next three nonentum H4 are driving price breaking the Resistance
I went short and was stopped out. That the failure to recognised today is bull party day.

Bear need to rest touch daily TL at 1.3850

Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #632,019
  • Oct 19, 2021 6:16am Oct 19, 2021 6:16am
Quoting Traderview
Watch out the prices mentioned in the chart. Support zone: 1.3735 - 1.3750 FYI: Stay away from selling below 1.3735, until you see a 4hr closes above 1.3747. Resistance zone: Multiple areas. 1.3815 - 1.3845 - 1.3865. 1.3845 is 200MA on DAILY. {image}
Just Reposting the morning chart:

Watch out the prices mentioned in the chart.

Support zone: 1.3735 - 1.3750

FYI: Stay away from selling below 1.3735, until you see a 4hr closes above 1.3747.

Resistance zone: Multiple areas.

1.3815 - 1.3845 - 1.3865.

1.3845 is 200MA on DAILY.
  • #632,020
  • Oct 19, 2021 6:17am Oct 19, 2021 6:17am
Quoting mysterio
{quote} i'm in my first sell. stop goes to BE asap. Its not certain. Breaking above the last small high and im out
Trouble below I think it will sit there until Bailey's speech. I'm under water w/ my shorts
Attached Image (click to enlarge)
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Air force
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