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Cable Update (GBPUSD)

  • #645,441
  • Dec 17, 2021 12:37pm Dec 17, 2021 12:37pm
Quoting stevepatt
{quote} GBP/USD H4 Observations It's obvious we (Retail Traders) must "Follow Price" and not our Expectations... GBP/USD Pending Short Trade Entry 1.33300 Target 1.33100 +20 Pips Stop 1.33430 (-13) Pips EDIT: Short Trade Triggered 06.47 GMT {image} {image}
GBP/USD H4 Observations
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 17th Dec 21 GBP_USD H4 Observations_20211217_18.19 (1).png Size: 71 KB
Click to Enlarge Name: 17th Dec 21 GBP_USD M30 Observations_20211217_18.38.png Size: 101 KB
  • #645,442
  • Dec 17, 2021 12:42pm Dec 17, 2021 12:42pm
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
Click to Enlarge Name: TOOSLOW.png Size: 64 KB


When the H1 and D1 candles match at a line, trade in the direction of price movement. Seems to work well. Cheers!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #645,443
  • Dec 17, 2021 1:04pm Dec 17, 2021 1:04pm
Quoting genadi
{quote} how bad it was? 17% off your acc?
I have been violated since last six weeks..yesterday I was thinking..this might actually work out

then today down?? wtf...........................looks like a lot of stops above last week high taken out?
  • #645,444
  • Dec 17, 2021 1:36pm Dec 17, 2021 1:36pm
Attached Image (click to enlarge)
Click to Enlarge Name: dx.png Size: 53 KB
yes yes yes
  • #645,445
  • Dec 17, 2021 1:38pm Dec 17, 2021 1:38pm
Quoting Mitiblotch
{quote} Lol... Georginson will be dreaming of his 3080 now. He has to share his profit with us.
We need am o
  • #645,446
  • Dec 17, 2021 1:39pm Dec 17, 2021 1:39pm
Quoting Jolita
{quote} can still reach 56. are you in sell?
Yes on Sell till 1.30
  • #645,447
  • Dec 17, 2021 2:32pm Dec 17, 2021 2:32pm
Daily/weekly candle will actually close soon
Then we'll have a better idea of possible direction for next week.
Compulsions can be hard to resist
  • #645,448
  • Dec 17, 2021 3:09pm Dec 17, 2021 3:09pm
A quick 25 PIP

SHORT
Attached Image (click to enlarge)
Click to Enlarge Name: 20.png Size: 12 KB
My telegram: https://t.me/avidforex
  • #645,449
  • Dec 17, 2021 3:21pm Dec 17, 2021 3:21pm
lol almost fucked my ass myself but i won the game against stupid hedge players 🥱
cya all next week and good weekend
  • #645,450
  • Dec 17, 2021 3:30pm Dec 17, 2021 3:30pm
Quoting phd893
D1 {image}
1.3212x
Attached Image (click to enlarge)
Click to Enlarge Name: 4g.png Size: 73 KB
  • #645,451
  • Dec 17, 2021 3:37pm Dec 17, 2021 3:37pm
Quoting Nd10
{quote} Yes on Sell till 1.30

good run so far
  • #645,452
  • Dec 17, 2021 3:38pm Dec 17, 2021 3:38pm
Quoting BigNumbers
A quick 25 PIP SHORT {image}

Fairless!
  • #645,453
  • Dec 17, 2021 3:48pm Dec 17, 2021 3:48pm
Quoting Jolita
{quote} DXY Daily - todays direction changed, we have returned back into a triangle. Will it close higher then Thursdays candle? {image} Weekly - above weekly pivot, above last weeks candle{image}Monthly - so far above monthly pivot, reach 9750 or turn into a shooting star (hammer)? {image}
Attached Image (click to enlarge)
Click to Enlarge Name: US Dollar Basket_20211217_21.42.png Size: 161 KB


DXY broke up again, that was fast turn around! Game change for GU once again. This is fun

Have a nice weekend all.

Oil chart - Daily
Attached Image (click to enlarge)
Click to Enlarge Name: Oil - US Crude_20211217_21.49.png Size: 210 KB
  • #645,454
  • Dec 17, 2021 3:49pm Dec 17, 2021 3:49pm
Bulls are going to be hurt real good. This is December when those criminals have the clearance to run price anyhow. You might buy for scalp only to see that on Monday it dumps 200 pips without retrace. I have seen some Decembers that are crazy. Thank God I quickly closed and sold.
  • #645,455
  • Dec 17, 2021 3:51pm Dec 17, 2021 3:51pm
Quoting Jolita
{quote} Have a fantastic holiday and see you in 2022, to continue with new years Thanks a lot
Thank you my friend. I wish the kind words to you. See you soon
  • #645,456
  • Dec 17, 2021 3:53pm Dec 17, 2021 3:53pm
Quoting Mitiblotch
Bulls are going to be hurt real good. This is December when those criminals have the clearance to run price anyhow. You might buy for scalp only to see that on Monday it dumps 200 pips without retrace. I have seen some Decembers that are crazy. Thank God I quickly closed and sold.
imagine if someone still holds buys from 1.3370 with high leverage...

  • #645,457
  • Dec 17, 2021 3:54pm Dec 17, 2021 3:54pm
Daily bounced off resistance.
Looking at historical weekly candle reactions, 1.32 looks like an important area to break for bears
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 12 KB
Click to Enlarge Name: GBPUSDWeekly.png Size: 15 KB
Compulsions can be hard to resist
  • #645,458
  • Dec 17, 2021 4:02pm Dec 17, 2021 4:02pm
Quoting genadi
{quote} imagine if someone still holds buys from 1.3370 with high leverage...

I still hold some, so many others I guess. Missed tp by a few pips on 3 trades. I always do this, I have selected mid price, I can never get right to the pip. I think is not ok broker to see your tp or sl.
Keep adding on trades. I am not a scalper, trade various timeframes.
By the way, current price is not bad place to be, even we go to 1.28.

This is just me.
  • #645,459
  • Dec 17, 2021 4:06pm Dec 17, 2021 4:06pm
Quoting genadi
{quote} imagine if someone still holds buys from 1.3370 with high leverage...
Would have been terrible. I know that Decembers are usually terrible with price action. The big boys go for holidays and their juniors begin to play with money and liquidity. This thing can keep falling. It has broken 3300, 3280, 3267-70, 3250. All the previous strong resistance which should become supports have become supportless. It might take a dump tool end of year.
  • #645,460
  • Dec 17, 2021 4:30pm Dec 17, 2021 4:30pm
Quoting genadi
{quote} imagine if someone still holds buys from 1.3370 with high leverage...
I still have longs above 3300, but not big leverage and since today was profit taking, nothing more, we should be back above 1.33 next week.

3450 easy target, no matter how bad it appeared for bears today at 3230.

I expect a gap up and a monday bull.
Everyone can see the chart, but only a few can actually read it.
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