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Cable Update (GBPUSD)

  • #635,881
  • Nov 4, 2021 5:51am Nov 4, 2021 5:51am
Quoting BeeTogether
{quote} i was waiting for BoE as that should push the pair up, last nights FOMC started to do that. was looking for 13730 as a turn point break above would have opened 13750-138.
I can understand what you were thinking last night. But there was a falling wedge pattern that was intact right before NY session. We have 3 consecutive days of high-impact news meaning each day we're going to actually see what MM's plans are.
  • #635,882
  • Nov 4, 2021 5:51am Nov 4, 2021 5:51am
Quoting Maximumheigh
{quote} Offloaded all my shorts @1.3620. Waiting for pullback to enter another sets of shorts. IMO
Me too I must downsize my positions and take some profits off the table.
  • #635,883
  • Nov 4, 2021 5:59am Nov 4, 2021 5:59am
i am still under water 1 hr to BOE News
Attached Image
MY OPINION NOT FINANCIAL ADVISE
  • #635,884
  • Nov 4, 2021 6:03am Nov 4, 2021 6:03am
we are close to S..
but today: BOE Monetary Policy Report
Attached Image (click to enlarge)
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Trendlines H1,H4, SMC
  • #635,885
  • Nov 4, 2021 6:03am Nov 4, 2021 6:03am
Quoting donfriday
i am still under water 1 hr to BOE News {image}

what happened to u?
  • #635,886
  • Nov 4, 2021 6:05am Nov 4, 2021 6:05am
Quoting gatenio
{quote} so give us more secrets.
" secret " is the system that I follow.
Intraday only.
  • #635,887
  • Nov 4, 2021 6:06am Nov 4, 2021 6:06am
GBPUSD PreBoE


Attached Image (click to enlarge)
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  • #635,888
  • Nov 4, 2021 6:07am Nov 4, 2021 6:07am
Attached Image (click to enlarge)
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yes yes yes
  • #635,889
  • Nov 4, 2021 6:07am Nov 4, 2021 6:07am
Quoting kris89
For me the very most important lesson for me is "When to exit the trade even in loss or profit"
my 90 % of trades will have stop loss.

But 20 or even ten percent will have TP
Intraday only.
  • #635,890
  • Nov 4, 2021 6:08am Nov 4, 2021 6:08am
Quoting nAVIN2007
{quote} what happened to u?


long since 1.3650
MY OPINION NOT FINANCIAL ADVISE
  • #635,891
  • Nov 4, 2021 6:10am Nov 4, 2021 6:10am
got lucky with this..
Attached Image (click to enlarge)
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  • #635,892
  • Nov 4, 2021 6:13am Nov 4, 2021 6:13am
the secret in forex

when market move too fast its not normal


find a cheap or expensive price to pick ur entry and always wait for them to trigger.



Gatenio P>S dont ask me how i got to know if its a secret
MY OPINION NOT FINANCIAL ADVISE
  • #635,893
  • Nov 4, 2021 6:16am Nov 4, 2021 6:16am
Quoting donfriday
the secret in forex when market move too fast its not normal find a cheap or expensive price to pick ur entry and always wait for them to trigger. Gatenio P>S dont ask me how i got to know if its a secret

scenario I'm seeing

Attached Image (click to enlarge)
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  • #635,894
  • Nov 4, 2021 6:22am Nov 4, 2021 6:22am
Waiting for a clearer picture now before BUY or SELL GBP/USD...
  • #635,895
  • Nov 4, 2021 6:22am Nov 4, 2021 6:22am
Can the price go lower than the 1.3600 mark?

I used a Fibonacci cluster analysis to enter short on GBPUSD.

Please share your views.

Thanks.

Please Trade Safely with Stop Loss
  • #635,896
  • Nov 4, 2021 6:28am Nov 4, 2021 6:28am
Bedrock will come sooner xD . On my mind is 1.35500 or more lower
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #635,897
  • Nov 4, 2021 6:32am Nov 4, 2021 6:32am
Quoting BeeTogether
Gut feeling is 136 is knocking on the door. Have SL in place around 13580..
Your SL is my TP 2 (TP 1 13603, TP3 13505).
  • #635,898
  • Nov 4, 2021 6:34am Nov 4, 2021 6:34am
Quoting waveskierrob
short 1.3660 no tp no sl
closed short 1.3630 +30 pips
  • #635,899
  • Nov 4, 2021 6:35am Nov 4, 2021 6:35am
Quoting LvMMT
{quote} {image} Good luck! God bless everyone!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD63.png Size: 52 KB



Good luck folks!
God bless everyone!
The only impartial feeling is love. It is also the only feeling of God.
  • #635,900
  • Nov 4, 2021 6:36am Nov 4, 2021 6:36am
Long 3620, TP 100 pips.
Everyone can see the chart, but only a few can actually read it.
340 traders viewing now