A retrace to 1.3518-19 may give another entry for bears, a large imbalance here
Cable Update (GBPUSD)
- #637,801
- Nov 10, 2021 6:42am Nov 10, 2021 6:42am
- Joined Sep 2009 | Status: Trader | 6,009 Posts
- #637,802
- Nov 10, 2021 6:46am Nov 10, 2021 6:46am
- Joined Nov 2020 | Status: Trader | 2,634 Posts
{quote} Because the stock market is showing cracks now. GBP should sink with it, risk off.
- #637,803
- Nov 10, 2021 6:49am Nov 10, 2021 6:49am
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
MY OPINION NOT FINANCIAL ADVISE
- #637,805
- Nov 10, 2021 6:55am Nov 10, 2021 6:55am
- Joined Jun 2013 | Status: Trader | 14,617 Posts
{quote} 1.34 is max, for double bottom suitcase
- #637,806
- Nov 10, 2021 6:58am Nov 10, 2021 6:58am
- Joined Dec 2011 | Status: Postmaster | 11,928 Posts
POSTMASTER
- #637,807
- Nov 10, 2021 6:58am Nov 10, 2021 6:58am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,555 Posts
{quote} GU Scalping RBS Zone {image}
Add with some quick scalping on pull back direction until SBR zone.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #637,812
- Nov 10, 2021 7:11am Nov 10, 2021 7:11am
- Joined Nov 2020 | Status: Trader | 2,634 Posts
{quote} will no hold imo.. 1.336/7
- #637,813
- Nov 10, 2021 7:11am Nov 10, 2021 7:11am
- Joined May 2012 | Status: Senior Member | 3,110 Posts
- #637,814
- Nov 10, 2021 7:12am Nov 10, 2021 7:12am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,555 Posts
{quote} GU Add with some quick scalping on pull back direction until SBR zone. {image}
Partial closed scalping position, 60 pips took out of 120 pips
Taking some out. Tighten SL for balance of position
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104
- #637,815
- Nov 10, 2021 7:14am Nov 10, 2021 7:14am
- | Commercial User | Joined Jul 2021 | 3,280 Posts
Trading is f**** Deep! Gosh; After putting in so much work to identify key levels or volatility in the market... It is also pertinent to note the momentum or volume and time with which price arrived those key levels or the rejection on getting to these levels or the candles formed at these levels.
When price print a supportive candle on getting to a support level, that’s
or resistive Candle on getting to resistance level.
To many Algorithms... We have to study until we don’t need to draw lines on the chart.
How would you know that a level will fail in future, or that a level has failed ?
Advice: Develop a strategy that draws 2 or 3 lines on the chart only, so you can see the candlesticks clearly.
Trading is not FUN!
When price print a supportive candle on getting to a support level, that’s
or resistive Candle on getting to resistance level. To many Algorithms... We have to study until we don’t need to draw lines on the chart.
How would you know that a level will fail in future, or that a level has failed ?
Advice: Develop a strategy that draws 2 or 3 lines on the chart only, so you can see the candlesticks clearly.
Trading is not FUN!
My telegram: https://t.me/avidforex
{quote} {image}{image}
Did you place your stop loss order? Why not?!? Story of my life...
- #637,818
- Nov 10, 2021 7:15am Nov 10, 2021 7:15am
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
MY OPINION NOT FINANCIAL ADVISE
- #637,819
- Nov 10, 2021 7:16am Nov 10, 2021 7:16am
- Joined Aug 2010 | Status: Trader | 1,801 Posts
{quote} haha, a little complicated, good luck!
Indeed. CHF is just to strong if USDCHF goes down it pulls the others too, it was on daily support so I tried as I expected some recovery from GBP, but choosed the wrong pair. I won't do it again
- #637,820
- Nov 10, 2021 7:17am Nov 10, 2021 7:17am
- | Joined Dec 2008 | Status: MMA Pro Wrestler | 17,555 Posts
{quote} GU Partial closed scalping position, 60 pips took out of 120 pips Taking some out. Tighten SL for balance of position {image}
GU
Took off some 60 pips
Balance running
SL tighten
I come from the future.
Karen X Mas Bonus 2025 All Time Profit:
$15,104