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Cable Update (GBPUSD)

  • #640,281
  • Nov 18, 2021 10:06pm Nov 18, 2021 10:06pm
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Showing low support becoming resistance or high resistance becoming support, high/low acting as support/resistance, and both combined on one chart. Tolerance set to 0.2 pips.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #640,282
  • Nov 18, 2021 10:14pm Nov 18, 2021 10:14pm
Anyone trading GJ?
  • #640,283
  • Nov 18, 2021 10:23pm Nov 18, 2021 10:23pm
Quoting TrickorTrade
Anyone trading GJ?

Quoting TrickorTrade
GJ shorts

Sometimes I do trade GJ.

Got one question for you.

"WHY do you want to short GJ ? "

Got one request to you ;

Please provide chart whenever you call live trade and some reason/description associated with the trade,. At least other will understand reason those trade taken.

In case your reasoning is strong for those short taken, I will close my long trade asap.

Thanks



Currently . I m in GJ trade from yesterday set up. This is my chart with some description.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #640,284
  • Nov 18, 2021 10:24pm Nov 18, 2021 10:24pm
green buy zone, red sell zone.

we are stucked in the middle of the 1.3470-1.3500 range, but in an uptrend.
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trading is like dancing, don't think and just listen to the music!
  • #640,285
  • Nov 18, 2021 10:33pm Nov 18, 2021 10:33pm
Quoting birdland
green buy zone, red sell zone. we are stucked in the middle of the 1.3470-1.3500 range, but in an uptrend. {image}
Nice observation Bird Land.

It look like sandwich. Can be considered as bullish stick sandwich pattern to trade.

Now I'm hungry to make sandwich before start trading

Wishing you the best in trading Bird Land.

Regards

PAT

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #640,286
  • Nov 18, 2021 10:38pm Nov 18, 2021 10:38pm
G/M, 5th consecutive bullish bodies dly candle y/day (on the gmt+2 dly candle.) Wkly/Dly still in a downtrend with 4hr/1hr ranging to bullish right as of now. A bit of a diamond (ish) pattern going on on 1hr particularly.

1hr below.
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Trader with an Edge.
  • #640,287
  • Nov 18, 2021 10:47pm Nov 18, 2021 10:47pm
Quoting Pat Chiko
{quote} {quote} Sometimes I do trade GJ. Got one question for you. "WHY do you want to short GJ ? " Got one request to you ; Please provide chart whenever you call live trade and some reason/description associated with the trade,. At least other will understand reason those trade taken. In case your reasoning is strong for those short taken, I will close my long trade asap. Thanks Currently . I m in GJ trade from yesterday set up. This is my chart with some description. {image}
Hey Pat you are right.
The position you took is right as it was classic break and retest setup.

I am still waiting to taking the short if H1 and H4 resistance holds for a short term trade. if the resistance does not hold its a confirmed up trend.
  • #640,288
  • Nov 18, 2021 10:48pm Nov 18, 2021 10:48pm
up lahhh

at least to close week in bullish mode
not euphoria follower
  • #640,289
  • Nov 18, 2021 10:51pm Nov 18, 2021 10:51pm
Quoting TrickorTrade
{quote} Hey Pat you are right. The position you took is right as it was classic break and retest setup. I am still waiting to taking the short if H1 and H4 resistance holds for a short term trade. if the resistance does not hold its a confirmed up trend.
Thanks for your reply Bro.

Yes, you're right on that S&R set up. Until it hold valid then wee will decide for next trade.

wish you all the best with your trade.

PAT


EDIT :

One more things, I observe GJ is in compressing mode. It will drop to the origin once price hit the resistance.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #640,290
  • Nov 18, 2021 10:52pm Nov 18, 2021 10:52pm
Quoting iqyu5an
up lahhh at least to close week in bullish mode
1.33500 no hope la these friday hor ? xD hahaha
bul bul is taking
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #640,291
  • Nov 18, 2021 10:53pm Nov 18, 2021 10:53pm
... testing y/day's p/back and asian session hi now = prev 1hr x 2/ minor 4hr sw hi zone = prev res = pot res, in this range, @ the 1hr desc t/line.

Uk retail sales etc due in a few mins.

1hr below.
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Trader with an Edge.
  • #640,292
  • Nov 18, 2021 11:02pm Nov 18, 2021 11:02pm
Quoting kris89
{quote} 1.33500 no hope la these friday hor ? xD hahaha bul bul is taking

3700 ish is the possible target. dunno when heheehe

kud be wrong eh ...
not euphoria follower
  • #640,293
  • Nov 18, 2021 11:05pm Nov 18, 2021 11:05pm
Quoting iqyu5an
{quote} 3700 ish is the possible target. dunno when heheehe kud be wrong eh ...
sama la kud be wrong also la

wait breach on which side to confirm hehe
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #640,294
  • Nov 18, 2021 11:10pm Nov 18, 2021 11:10pm
Quoting kris89
{quote} sama la kud be wrong also la wait breach on which side to confirm hehe
Seems like a daily green day as well today
Extreme gut feeling trader
  • #640,295
  • Nov 18, 2021 11:11pm Nov 18, 2021 11:11pm
last week there was early sign for baby bull

potential false break on the bottom #Daily TF
not euphoria follower
  • #640,296
  • Nov 18, 2021 11:12pm Nov 18, 2021 11:12pm
awaiting london to open the gate , the price getting excited pawn high of asian in Frank open
could it be the low next ? and true movement?
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #640,297
  • Nov 18, 2021 11:13pm Nov 18, 2021 11:13pm
Quoting iqyu5an
last week there was early sign for baby bull potential false break on the bottom #Daily TF
yes , high possible but i think its need that fuel on 1.34200 first if there really FO on daily , but can be a SOW also , if price failed to taken 1.3600 and make double top
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #640,298
  • Nov 18, 2021 11:14pm Nov 18, 2021 11:14pm
... potential for supply to emerge initially 3500-13/14. Uk retail sales surprise to the upside.

Dly R1 3520, above that a prev 1hr sw hi zone 3522-38 = prev res = pot res, this coexistent with a prev 1hr/4hr sw lo zone = prev supp = pot sbr (once tested @ that prev 1hr sw hi) that extends to 3547 on 1hr, 54 on 4hr. Fibs @ 3526/37/47 and Dly R2 @ 3542
Trader with an Edge.
  • #640,299
  • Nov 18, 2021 11:15pm Nov 18, 2021 11:15pm
Quoting kris89
{quote} yes , high possible , but can be a SOW also , if price failed to taken 1.3600 and make double top
no problem ... if get there , at least hundreds pips booked.

am slow player
not euphoria follower
  • #640,300
  • Nov 18, 2021 11:21pm Nov 18, 2021 11:21pm
Quoting iqyu5an
{quote} what pattern my bro ? around weekly pivot .. there is bullish dragon trigger line...tatgetting 3700 ish. but of course not direct path... many obstacles ahead
bullish dragon trigger line , activated. only up but yesss no direct flight.... so just relax and watch

#imho
not euphoria follower
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