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Cable Update (GBPUSD)

  • #637,721
  • Nov 10, 2021 3:36am Nov 10, 2021 3:36am
1.35400
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #637,722
  • Nov 10, 2021 3:38am Nov 10, 2021 3:38am
Im tired to wait.I leave.Personally i put order 1.35100,can be lower.But i leave and go.
  • #637,723
  • Nov 10, 2021 3:47am Nov 10, 2021 3:47am
Waiting for a spike down to buy… my plan for today is to buy the dips for scalping… daily look red….. other than that today started with a decent gain .. 3rd day of scalping
Attached Image (click to enlarge)
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Extreme gut feeling trader
  • #637,724
  • Nov 10, 2021 3:47am Nov 10, 2021 3:47am
Quoting Pat Chiko
{quote} GU add {image}
Hi mr Pat,
I wanna ask what ur reason to buy?
I dont see any reason to buy whether in daily or lower TF

Thanks
my loss is your gain
  • #637,725
  • Nov 10, 2021 3:48am Nov 10, 2021 3:48am
Quoting kris89
1.35400
clean area
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #637,726
  • Nov 10, 2021 3:51am Nov 10, 2021 3:51am
Quoting viktoriaxz
Im tired to wait.I leave.Personally i put order 1.35100,can be lower.But i leave and go.
Adding buy with target 1.3650-60
  • #637,727
  • Nov 10, 2021 3:53am Nov 10, 2021 3:53am
Quoting Pat Chiko
{quote} GU add {image}
GU

On taking the second position (add) I use H4 SRF zone to enter.

Here's the chart.

Note. The price force down ward from Institutional to take out liquidity at the zone.

Look left you will see long wick candle yesterday on the same moves

Attached Image (click to enlarge)
Click to Enlarge Name: gu 236.jpg Size: 105 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #637,728
  • Nov 10, 2021 3:53am Nov 10, 2021 3:53am
m15 up,m30 not yet.maybe swing.or wait m30 low.i m sure 1.35-10-1.35 we will see today.m30 more solid.but m15 two times fom low channel now second times betttter 1.35 now and after to the moon or swing
  • #637,729
  • Nov 10, 2021 3:54am Nov 10, 2021 3:54am
Quoting Bogdanoff
{quote} Hi mr Pat, I wanna ask what ur reason to buy? I dont see any reason to buy whether in daily or lower TF Thanks
My reasoning is always with some Price Action.

See the answer & chart in my post just above.

Regards

PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #637,730
  • Nov 10, 2021 3:57am Nov 10, 2021 3:57am
Quoting kris89
{quote} clean area
price is stuck between potential 5 wave down to 5 wave up.
clean E wave rules, bulls failed.

but i really dont know what is going to happen.
  • #637,731
  • Nov 10, 2021 3:58am Nov 10, 2021 3:58am
the fomc wording and us inflation report expectations can provide a decent trade in usd pairs today
Attached Image
  • #637,732
  • Nov 10, 2021 4:01am Nov 10, 2021 4:01am
Quoting gatenio
{quote} price is stuck between potential 5 wave down to 5 wave up. clean E wave rules, bulls failed. but i really dont know what is going to happen.
trust your trade plan that you set up , price can either go down and up at these rate , we are on a good spot . but im not doing bet . ive see something i can be wrong . but at least i try to trade what i see now >.<
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #637,733
  • Nov 10, 2021 4:01am Nov 10, 2021 4:01am
Quoting PatienceFx
the fomc wording and us inflation report expectations can provide a decent trade in usd pairs today {image}
on cable that translates to
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 24 KB
  • #637,734
  • Nov 10, 2021 4:04am Nov 10, 2021 4:04am
just watch that level on 1.35400 it will decide today candle close
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #637,735
  • Nov 10, 2021 4:08am Nov 10, 2021 4:08am
I still feel the bull pressure that started the rally has no power to keep the price upwards and no good RBS
Price is likely to break the low and even go lower. . Maybe the bulls will try again next time... after making lower low.

That’s what I’m seeing... no reliable RBS to hold the price.
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  • #637,736
  • Nov 10, 2021 4:09am Nov 10, 2021 4:09am
Quoting Maximumheigh
{quote} Added to my long @1.3530. Let see what happens. TP 1.360x. IMO
This trade still on. SL below 1.35
  • #637,737
  • Nov 10, 2021 4:11am Nov 10, 2021 4:11am
Downward pressure still in play.
  • #637,738
  • Nov 10, 2021 4:14am Nov 10, 2021 4:14am
Quoting BigNumbers
I still feel the bull pressure that started the rally has no power to keep the price upwards and no good RBS Price is likely to break the low and even go lower. . Maybe the bulls will try again next time... after making lower low. That’s what I’m seeing... no reliable RBS to hold the price.
Strong RBS at 1.350x. If that area breaks down, we are in for a drop. For now I think we have more business up there. IMO
  • #637,739
  • Nov 10, 2021 4:14am Nov 10, 2021 4:14am
Quoting kris89
just watch that level on 1.35400 it will decide today candle close
can the us inflation report beat the Monday candle range
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 26 KB
  • #637,740
  • Nov 10, 2021 4:14am Nov 10, 2021 4:14am
Quoting kris89
{quote} trust your trade plan that you set up , price can either go down and up at these rate , we are on a good spot . but im not doing bet . ive see something i can be wrong . but at least i try to trade what i see now >.<
im sideline.. im not going to risk more now.

for me this is a big test if to keep E-wave analysis or stop using it.
the 4-5 wave give me headache as a scalper.
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