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Cable Update (GBPUSD)

  • #639,761
  • Nov 17, 2021 8:45am Nov 17, 2021 8:45am
... price @ current dly hi into another prev 1hr sw lo zone that extends tio 3505, fib @ 3502 and Dly R2 @ 3503 in there also. 108% 30day adr travelled now.
Trader with an Edge.
  • #639,762
  • Nov 17, 2021 8:45am Nov 17, 2021 8:45am
Attached Image (click to enlarge)
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  • #639,763
  • Nov 17, 2021 8:46am Nov 17, 2021 8:46am
short no tp no sl



market should decide
Attached Image(s) (click to enlarge)
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MY OPINION NOT FINANCIAL ADVISE
  • #639,764
  • Nov 17, 2021 8:46am Nov 17, 2021 8:46am
Quoting W0lfram
{quote} Hi bro. offtopic question - can you trade TRY pairs with your broker?
Hey brotha! I use FxPro and Hotforex and they offer TRY pairs. However, FxPro doesn't let you trade TRY in very volatile situations. You also can't close your trades too so that's a big downside.

But honestly i rarely trade TRY pairs (only long haha ) but i never recommend it to someone. It is too volatile. One day you wake up and see they raised interest rates, and next month they decrease the interest rates. That's what happens when the country is ruled by a maniac
You have to have an IQ higher than 90 to interact with this user.
  • #639,765
  • Nov 17, 2021 8:51am Nov 17, 2021 8:51am
Quoting mysterio
1.3511-29 key short area, waiting for confirmation there
Look like price say no, was look for this area also, at least.

4h showing now massive bearish divergence.

scalping heaven still here.
  • #639,766
  • Nov 17, 2021 8:55am Nov 17, 2021 8:55am
...could well be a lot of dly/4hr trigger traders looking for an entry back into the wkly downtrend from this prev wkly sw lo zone = prev supp = pot sbr? ..it's a wide zone and extends to circa 3535. No such downtrend exists on next t/f up from that though - the mthly although it has shown some weakness off 4249 current yrly hi.

Price did reach top of 4hr asc channel @ that current dly hi.

wkly then 4hr below.
Attached Image(s) (click to enlarge)
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Trader with an Edge.
  • #639,767
  • Edited 12:30pm Nov 17, 2021 8:59am | Edited 12:30pm
I think Cable has topped for today. H1 even shows massive reverse to continue with the down trend. 2 reversal candles before this current candle which may join. Also it has already hit the top of the falling wedge channel on H1 and H4. I see 1.341 again soon and who knows may break well this time to 1.325 - 1.33 areas

PS: it has managed to cross the high. Let's see if it crosses 1.35.. That is my psychological entries for sell to 1.34, 1.33 and 1.327
  • #639,768
  • Nov 17, 2021 9:00am Nov 17, 2021 9:00am
Quoting Maximumheigh
Okay. I am starting my shorts now from this level @1.3471. Loaded shorts. Loaded gold shorts also @1863. TP open
Added to my shorts @1.3480.
  • #639,769
  • Nov 17, 2021 9:00am Nov 17, 2021 9:00am
Quoting LvMMT
{quote} {image} That's just part of the game... Good luck folks! God bless everyone!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD165.png Size: 81 KB


Good luck folks!
God bless everyone!
The only impartial feeling is love. It is also the only feeling of God.
  • #639,770
  • Nov 17, 2021 9:01am Nov 17, 2021 9:01am
Time to Short!!!!
My Future is so Bright I gotta wear Shades! https://www.youtube.com/watch?v
  • #639,771
  • Nov 17, 2021 9:01am Nov 17, 2021 9:01am
Quoting montygoldy
{quote} this is a fun account bro.....i start small and go big like casino .... sometimes win sometimes lose.....keeps my trading journey exciting...on my main account hardly trade 1-2 trades a week....
I like what you are doing because only people with free funds can do this.
Each time I see your equity, I keep wishing I was the person that owns it. When I used to live in Finland before deportation, $20 means nothing but where I am here stranded it is something that can give some decent living. Having $1000 in my trading account will end my sufferings. Earning $20 from 9am till 4pm with my strategy is a cake walk without boasting. I trade GU only and it has helped me to keep all the distractions away.
I don't trade live anymore since my last unfortunate encounter with Skrill.
  • #639,772
  • Nov 17, 2021 9:04am Nov 17, 2021 9:04am
Quoting montygoldy
trying a short scalp
phew that was a lucky escape .... i had my heart in my mouth when it started flying.....
Extreme gut feeling trader
  • #639,773
  • Nov 17, 2021 9:04am Nov 17, 2021 9:04am
Quoting gatenio
{quote} Look like price say no, was look for this area also, at least. 4h showing now massive bearish divergence. scalping heaven still here.
Honestly did not find it scalping heaven today maybe my head just not in it

Short after news from yesterdays high- yup

Long from m30 demand, yup

The rest is a bit whacky

I believe we will get up to my target area maybe not today
  • #639,774
  • Nov 17, 2021 9:05am Nov 17, 2021 9:05am
Quoting Nordling00
{quote} Hey brotha! I use FxPro and Hotforex and they offer TRY pairs. However, FxPro doesn't let you trade TRY in very volatile situations. You also can't close your trades too so that's a big downside. But honestly i rarely trade TRY pairs (only long haha ) but i never recommend it to someone. It is too volatile. One day you wake up and see they raised interest rates, and next month they decrease the interest rates. That's what happens when the country is ruled by a maniac
USDTRY 9 is possible within 3-5 weeks
  • #639,775
  • Nov 17, 2021 9:07am Nov 17, 2021 9:07am
Quoting Ihlas
{quote} USDTRY 9 is possible within 3-5 week
Maybe if raise the rates again like they raised it last year. But we still have 2 years until the elections and i am sure we will see USDTRY at 12-13 before Erdogan gets wrecked in the elections.
You have to have an IQ higher than 90 to interact with this user.
  • #639,776
  • Nov 17, 2021 9:12am Nov 17, 2021 9:12am
https://www.forexfactory.com/thread/...5#post13790925

Mathematics : All right 100%.

I'M HAPPY WITH MATHEMATICS.

  • #639,777
  • Nov 17, 2021 9:18am Nov 17, 2021 9:18am
trying a long now....
Extreme gut feeling trader
  • #639,778
  • Nov 17, 2021 9:25am Nov 17, 2021 9:25am
Quoting Pat Chiko
GU Scalping {image}
GU

was out the whole day.

Earlier trades was stopped out.

Re- entry long.

Attached Image (click to enlarge)
Click to Enlarge Name: gu 348.jpg Size: 88 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #639,779
  • Nov 17, 2021 9:27am Nov 17, 2021 9:27am
Quoting montygoldy
trying a long now....
Nice one Monty.

Now I copy your trade.

Was out the whole day.

Nor able to scalp. Earlier trades took the beat...ll.
Hope this will work out to recover earlier loss.

PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #639,780
  • Nov 17, 2021 9:27am Nov 17, 2021 9:27am
Quoting montygoldy
{quote} phew that was a lucky escape .... i had my heart in my mouth when it started flying.....
Your TP?
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