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Cable Update (GBPUSD)

  • #651,581
  • Feb 10, 2022 3:59am Feb 10, 2022 3:59am
Quoting Robinhood1
{quote} Good day RC Maybe you can learn how to trade by watching my trading Expect long for next weeks
Good Morning!

FYI, I am not in the phase when I study how to trade. I am a grown-up trader.

BTW, was I not on your ignore list?

Cheers!
Risk Management is of utmost importance!
  • #651,582
  • Edited 4:20am Feb 10, 2022 4:02am | Edited 4:20am
Too crazy as weekly close approaching likely bullish! So playing for it but still not enough. Do or die situation let's see, 3569/64 may initiate the top failure for now.take care
Now signal 3573
Broken 3573, so sell secured, sl 3592, tp/be to set. Do or die if not get 15 pips to set be. Limit 3557 can target above it or to be set and top failure confirmation.
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #651,583
  • Edited 4:19am Feb 10, 2022 4:08am | Edited 4:19am
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Quoting Moty
The drop is coming {image}
let,s go Moty.....sold 1.3575
  • #651,584
  • Feb 10, 2022 4:15am Feb 10, 2022 4:15am
Why you want sell against bias, just buy at the top and wait for cpi
  • #651,585
  • Feb 10, 2022 4:22am Feb 10, 2022 4:22am
Quoting Moty
It will drop hard from 1.35570
I was wrong
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yes yes yes
  • #651,586
  • Feb 10, 2022 4:28am Feb 10, 2022 4:28am
Quoting Moty
{quote} I was wrong {image}
No, it was due errstic pa may due some news!! Anyway if now breaks down 57, should fall salid to ground and more possible.
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #651,587
  • Feb 10, 2022 4:32am Feb 10, 2022 4:32am
Quoting fontu
{quote} No, it was due errstic pa may due some news!! Anyway if now breaks down 57, should fall salid to ground and more possible.
Wouldn't the odds of price going in your entry direction be better if instead of entering when price SHOULD fall, to simply wait until price HAS BEGUN its fall?
To free Gazans of Hamas, use whatever it takes.
  • #651,588
  • Feb 10, 2022 4:36am Feb 10, 2022 4:36am
Quoting DrDave
{quote} Wouldn't the odds of price going in your entry direction be better if instead of entering when price SHOULD fall, to simply wait until price HAS BEGUN its fall?
Yo bro, that was so true that i think its inpossible
  • #651,589
  • Feb 10, 2022 4:36am Feb 10, 2022 4:36am
i sold, TPopen for now

a bit risky against the momentum, i'll manage carefully and get out if theres any funny business

I think we had liquidity push into supply then absorption and retest
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  • #651,590
  • Feb 10, 2022 4:40am Feb 10, 2022 4:40am
Quoting DrDave
{quote} Wouldn't the odds of price going in your entry direction be better if instead of entering when price SHOULD fall, to simply wait until price HAS BEGUN its fall?
Ok, too early as got top price, take care when hit the signal breaks 3573 as failure except extreme crazy extension possible. Will set be and forget for now arounds price 3557. If to wait to calculated sell then have to till 57 already broken. Just scalping all is allowed.so far 69/64 broken and 2 pips be ok , just above 3575 enough and if die next attempt may try again
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #651,591
  • Edited 5:04am Feb 10, 2022 4:41am | Edited 5:04am
Quoting Headland
Yesterday's dly candle potentially throws a spanner in the works for the bulls? - a dragonfly doji/pinbar. Potential bearish expanding triangle building on the 1hr, with point 4 potentially formed too - if this general example of the pattern is true will pt 5 be a retrace or an extension of move 3 to 4? U.s cpi data due later Thursday could have a big say in the future near-term and possibly longer, direction of this pairing. Or not! Trade what you see not what you think. The market doesn't care what we think/expect/predict/forecast or how many...
G/M, So pt 4 of the 1hr general pattern expanding triangle did form, at the 61.8% of the 3490-3589 move, (actually a 3 fib cluster there incl this one,) and now a rise up - where will pt 5 form if the pattern is true? Right now finding supply at the steepest 4hr desc t/line/85.4% of the point 3-4 drop. Rangy - bullish currently on 1hr. 20/50/100 ema's 5min-dly are crossed up.

U.s Cpi later may cause a titter. and we do like a good titter!

1hr below.
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Trader with an Edge.
  • #651,592
  • Feb 10, 2022 4:47am Feb 10, 2022 4:47am
I sold. Stop for the day 3580
Intraday only.
  • #651,593
  • Feb 10, 2022 4:49am Feb 10, 2022 4:49am
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Intraday Trading is an Art _ hoda
  • #651,594
  • Feb 10, 2022 5:01am Feb 10, 2022 5:01am
...feeling better today re covid for 1st time in almost 2 weeks so am trading but taking it easy.

Last gmt+2 4hr close was a solidly bullish thrust candle.

4hr below.
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Trader with an Edge.
  • #651,595
  • Feb 10, 2022 5:09am Feb 10, 2022 5:09am
Quoting navk
I sold. Stop for the day 3580
Whats your TP ? Still trying to decide. Might just be in the 3550s
  • #651,596
  • Feb 10, 2022 5:09am Feb 10, 2022 5:09am
Am one of those on the bull side since yesterday, am expecting it to continue since it couldn't break the down side. Cheers
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #651,597
  • Feb 10, 2022 5:11am Feb 10, 2022 5:11am
... just a thought, could U.s Cpi surprise to the downside of forecasts today re the effects of the omicron surge in January? -or- will that have had an effect/or a delayed effect that might not show in Jan's #? Who knows, a surprise to the upside of forecasts will likely see some $ buying, and vice versa.
Trader with an Edge.
  • #651,598
  • Feb 10, 2022 5:26am Feb 10, 2022 5:26am
I made a post and someone choose to press the ignore button, to me i think that is one of the dummest action. How could you say your ignoring someone you
have never met and probably will never meet? let him write all he's nonsense, if it makes no sense to you read it and pass or choose not to read
Let me say there is nothing anybody here will say or do to me that will make me go and extra mile to press the ignore button. This is place is called forum, highest anybody will do is type their personal opinion. Cheers....
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #651,599
  • Feb 10, 2022 5:31am Feb 10, 2022 5:31am
Quoting martinez1
I made a post and someone choose to press the ignore button, to me i think that is one of the dummest action. How could you say your ignoring someone you have never met and probably will never meet? let him write all he's nonsense, if it makes no sense to you read it and pass or choose not to read Let me say there is nothing anybody here will say or do to me that will make me go and extra mile to press the ignore button. This is place is called forum, highest anybody will do is type their personal opinion. Cheers....
Keep a thick skin, i have a dozen or so people ignoring me and it doesn't phase me in the slightest. Maybe the other person was in drawdown and you were expressing a contrary opinion. It's whatever
  • #651,600
  • Feb 10, 2022 5:35am Feb 10, 2022 5:35am
...5min bullish hidden div present and may stay a valid repeating pattern so long as above 3549....there's a 30min upmove but no real uptrend? re this 1/5/30min triple t/f combo, so not optimum.
Trader with an Edge.
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