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Cable Update (GBPUSD)

  • #634,501
  • Oct 29, 2021 2:57am Oct 29, 2021 2:57am
Quoting elmoguy75
{quote} Why is better? SMA or EMA? Thanks.
i dont know, maybe both.
i tell you what i do know, there is no strategy that works without S&R, so better stick to S&R or S&D first. MA’s are not natural S&R!

i learned in the past BBMA, its nice, using bollinger band (20SMA) and 50 EMA and more MA’s, but BBMA setups are pure price action setups and the MA’s help to recognize the setups.
  • #634,502
  • Oct 29, 2021 2:59am Oct 29, 2021 2:59am
i passed today trade , will wait close monthly to get a better view , no good entry maybe we can pingpong around these range box again
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #634,503
  • Oct 29, 2021 3:02am Oct 29, 2021 3:02am
How many times will test 1.38000 mf?
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yes yes yes
  • #634,504
  • Oct 29, 2021 3:03am Oct 29, 2021 3:03am
I’ve opened early morning some pending buys with target of current weekly high.
Hope they will activate . i will add more with confirmation.
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  • #634,505
  • Oct 29, 2021 3:04am Oct 29, 2021 3:04am
Darn 138 playing hard to get again
Insane in the Brain..
  • #634,506
  • Oct 29, 2021 3:05am Oct 29, 2021 3:05am
In this tiny range, good effort.

Now, will look to NY session only.

Boring as usual on Fridays until NYO.
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Intraday only.
  • #634,507
  • Oct 29, 2021 3:13am Oct 29, 2021 3:13am
Final update before going to sleep.

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Intraday only.
  • #634,508
  • Oct 29, 2021 3:14am Oct 29, 2021 3:14am
I wouldn't mind this hitting 1.38 then going down.
  • #634,509
  • Oct 29, 2021 3:15am Oct 29, 2021 3:15am
Quoting Moty
How many times will test 1.38000 mf? {image}
Just not breaking through
Insane in the Brain..
  • #634,510
  • Oct 29, 2021 3:18am Oct 29, 2021 3:18am
[email protected]
[email protected]
[email protected]
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  • #634,511
  • Oct 29, 2021 3:25am Oct 29, 2021 3:25am
Market slow. Wait till USD news release at NY session
  • #634,512
  • Oct 29, 2021 3:31am Oct 29, 2021 3:31am
Quoting Kaysole
[email protected] [email protected] [email protected] {image}
H3
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  • #634,513
  • Oct 29, 2021 3:41am Oct 29, 2021 3:41am
Not sure why the pound is dumping right now, 930 yellow sticker data was very good
Insane in the Brain..
  • #634,514
  • Oct 29, 2021 3:49am Oct 29, 2021 3:49am
Quoting Gambis
{image}scalping long
stopped out @3778
  • #634,515
  • Edited 12:26pm Oct 29, 2021 3:50am | Edited 12:26pm
Hi folks,

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Good luck folks!
God bless everyone!
The only impartial feeling is love. It is also the only feeling of God.
  • #634,516
  • Oct 29, 2021 3:52am Oct 29, 2021 3:52am
My scalping up journey to 1.383 started.
only 1 lot in, and more lot pending lower few pips.
  • #634,517
  • Oct 29, 2021 3:54am Oct 29, 2021 3:54am
Quoting Bones
GDP the higher the better there is no downside like the description given but what you gotta think about the GDP numbers being published is they have huge amount of stimulus in them rather than being a pure productive measure money is in circulation , {image}
Economy and currency value are two different things. You can have the best economy in the world but that doesn't mean you have the strongest, most valuable currency. And you can also have the most valuable, strongest currency in the world but again that doesn't mean you have the best economy.

Let's put it this way, there's a balance between the economy and the currency value that Central Banks need to keep.

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You have to have an IQ higher than 90 to interact with this user.
  • #634,518
  • Oct 29, 2021 3:59am Oct 29, 2021 3:59am
Ty mf
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yes yes yes
  • #634,519
  • Oct 29, 2021 4:18am Oct 29, 2021 4:18am
Buy @ 1.37682 S/L 1.3500 TP 1.37993
  • #634,520
  • Oct 29, 2021 4:22am Oct 29, 2021 4:22am
Quoting Ihlas
Think outside the box. What about 1.37650. Enough
Rrrrrr
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