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Cable Update (GBPUSD)

  • #636,181
  • Nov 5, 2021 1:52am Nov 5, 2021 1:52am
Quoting dimitricss
{quote} nembe uih ti bca.. gayaaaa aing euy wkwkwkwkwk
uh uh uh aing
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #636,182
  • Nov 5, 2021 1:56am Nov 5, 2021 1:56am
Quoting Mitiblotch
{quote} Pat Chiko is one of the very best traders here with a huge wealth of knowledge. Yesterday, as he said, he lost pips and didn't make them. So trading might not be for him according to you. Even some r3al professionals lost pips yesterday. Or who do you think those 200 pips went against, retail? No! Thr people who drive this market make money off each other and retail is not where the major money comes from. They take a lot from each other, which means some small institutions who also rip others off at other times, lost yesterday. I guess...
Well guess what, trading is harsh

All I'm saying is when the GBP pairs make moves over 200% ADR, and your trading strategy is not capturing pips, you better re-think the strategy.

Or if you are a die-hard contrarian, maybe recognize what is driving the price action and wait for some kind of signal instead of buying and selling just because.

And don't be so serious, lighten up buddy
It takes a lot for me to IGNORE you, but you can try.
  • #636,183
  • Nov 5, 2021 1:58am Nov 5, 2021 1:58am
On M30 buy signal,on h1 not yet,but i we will see this signal on H1 buy.
  • #636,184
  • Nov 5, 2021 2:00am Nov 5, 2021 2:00am
Quoting Qu|cksilver
i'm still alive
How about now?

Thread starter and last post was November 2, 2011

It takes a lot for me to IGNORE you, but you can try.
  • #636,185
  • Nov 5, 2021 2:01am Nov 5, 2021 2:01am
Quick scalp long for 30 pips at 13495
Insane in the Brain..
  • #636,186
  • Nov 5, 2021 2:03am Nov 5, 2021 2:03am
took short 3495
Trade with prediction = witch with her visions lol
  • #636,187
  • Nov 5, 2021 2:04am Nov 5, 2021 2:04am
GBPUSD Daily Analysis for Friday Nov 5, 2021

TGIF ! Last trading day of the week. NFP will bring volatility. If positive then we can see a further sell off in GBPUSD. Else a short term retracement is likely.

Fundamentals: Non-Farm Employment Change
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSD Daily Chart Analysis - November 5 2021.JPG Size: 147 KB
Click to Enlarge Name: GBPUSD Weekly.JPG Size: 192 KB
  • #636,188
  • Nov 5, 2021 2:05am Nov 5, 2021 2:05am
Quoting navk
{quote} as long as 3470 holds London open today, I expect 3530 first and then 3575 probably befor NY close
agree. 3740 is ab=cd from 3830, also fe 100 of 5th wave.
so correction of abc is possible, but the pa still showing bearish flag, need to shake the picture
  • #636,189
  • Nov 5, 2021 2:09am Nov 5, 2021 2:09am
NFP later today

I expect this to be less than the forecast

Maybe spike up then down continuation
Attached Image (click to enlarge)
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  • #636,190
  • Nov 5, 2021 2:09am Nov 5, 2021 2:09am
Quoting Erebus
{quote} Well guess what, trading is harsh All I'm saying is when the GBP pairs make moves over 200% ADR, and your trading strategy is not capturing pips, you better re-think the strategy. Or if you are a die-hard contrarian, maybe recognize what is driving the price action and wait for some kind of signal instead of buying and selling just because. And don't be so serious, lighten up buddy


it doesnt work that way.


no strategy can spot all the trading signal, moreover some smart or pros dont trade on first week of new month, we had a loads and combos of most important news this week so to make it clear i know traders that wait till second week before they trade.
MY OPINION NOT FINANCIAL ADVISE
  • #636,191
  • Nov 5, 2021 2:12am Nov 5, 2021 2:12am
h1 also buy.it can go down some pips but its oversold h1.only nfp can do something.but trend h1 show up.
  • #636,192
  • Nov 5, 2021 2:17am Nov 5, 2021 2:17am
Quoting Ihlas
Tetris game started
There is a lot of content for your book on previous page. Take notes
Air force
  • #636,193
  • Nov 5, 2021 2:20am Nov 5, 2021 2:20am
Quoting Dethorn
NFP later today I expect this to be less than the forecast Maybe spike up then down continuation {image}
NFP do the trick
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 82 KB
  • #636,194
  • Nov 5, 2021 2:21am Nov 5, 2021 2:21am
Quoting Mitiblotch
{quote} You expected 3570 to hold but the movers smashed it. I wasn't in a trade then. I later bought some at 3474 and jumped out. In fact, have scalped that support a number of times since late NY and Asia. What do you see now? I am currently in another scalp from that support with SL at 3456. And that's hoping 3470 holds. Lol
Yes, it didn't hold. From longer term perspective 1.38600 is the target now. Only up from here.
Here is the new game map: Jumped from the small purple box.

Quoting W0lfram
{quote} There is a lot of content for your book on previous page. Take notes
LOL. Thank you for reminding. I will take all the valuable information from here.
You're killing it
Attached Image (click to enlarge)
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  • #636,195
  • Nov 5, 2021 2:30am Nov 5, 2021 2:30am
Goodmorning friends,it's the last trading day of the week and still alot more to unfold today.cable yesterday embraces dollar by the intervention of the BoE caused the week support@ 1.3623 that has helped buyers stayed afloat to steep thereby giving sellers to reach the bottom price 1.3558 a target that inevitably must be touched after that hit at 1.3630 as analyzed in our Tuesday post.However, with big events lined up on the calendar today, the support at 1.3623 is still very active and we say price need must close between the weeks range posted on Monday. We expect to see an uptick of price in both Europe and American session if perhaps closing the week above 1.3623, happy trading
  • #636,196
  • Nov 5, 2021 2:34am Nov 5, 2021 2:34am
Broker time and understand to spot the candle pattern differences.

You have to open separate broker account to understand chart pattern.

Here, an example on how chart can make you inter prate differently.



Attached Image (click to enlarge)
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Attached Image (click to enlarge)
Click to Enlarge Name: gu 170.jpg Size: 139 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #636,197
  • Nov 5, 2021 2:36am Nov 5, 2021 2:36am
SHORT 1.3505 tp +5 no sl and LONG 1.3505 tp +5 no sl
  • #636,198
  • Nov 5, 2021 2:41am Nov 5, 2021 2:41am
trade what you see >.< uh ah
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #636,199
  • Nov 5, 2021 2:42am Nov 5, 2021 2:42am
Yesterday from early morning H1 and m30 was down signal,but H4 was up signal from 1.36,so H1 goes against H4,and it was strong
  • #636,200
  • Nov 5, 2021 2:42am Nov 5, 2021 2:42am
Quoting Waveskierrob
SHORT 1.3505 tp +5 no sl and LONG 1.3505 tp +5 no sl

You're doing it on purpose , just after my post !

Niway, you 're infornt of you puter ? or trading from project site. ?

what are you drilling onshore ? There's no tectonic plate south of UK contain proven oil reserve.

Drill north near Blackpool...
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
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