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Cable Update (GBPUSD)

  • #655,461
  • Apr 5, 2022 8:33am Apr 5, 2022 8:33am
Quoting Nordling
{quote} No probs 30 pips is nothing for a position trader
if you were really a position trader you will have sells from last summer @ .42
  • #655,462
  • Apr 5, 2022 8:42am Apr 5, 2022 8:42am
Short from 1.31615
We cut the winners short and let the losers run.
  • #655,463
  • Apr 5, 2022 8:45am Apr 5, 2022 8:45am
Quoting Ryd3n
Short from 1.31615
Bro, any resistance there?
  • #655,464
  • Apr 5, 2022 8:50am Apr 5, 2022 8:50am
Quoting BankofNewJer
{quote} if you were really a position trader you will have sells from last summer @ .42
Who told you that I didn't sell from that top and took the profits?

Everybody has their own way of trading. You better focus on your own strategy instead of questioning other people's, BankofNewJerk


Looks like you are new around here, wishing you many more 30 pips
You have to have an IQ higher than 90 to interact with this user.
  • #655,465
  • Apr 5, 2022 8:55am Apr 5, 2022 8:55am
Quoting IBabyTrader
{quote} Bro, any resistance there?
Liquidity grab and selling fron orderblock. Keep it simple. If i am wrong i am wrong.
We cut the winners short and let the losers run.
  • #655,466
  • Apr 5, 2022 8:55am Apr 5, 2022 8:55am
Quoting Nd10
My Scenarios.. 1.317 area for sell to happen to 1.29 - 1.30.. However, a break above 1.318 makes a move to 1.33. My Interest: would want a drop to add more buys as I already took out some while others are still on. My percentage biase remains BUYS
keenly Watching too for more entries
  • #655,467
  • Apr 5, 2022 8:57am Apr 5, 2022 8:57am
Quoting fxsavvy1
GBPUSD current price is 1.3130 It looks bullish from here I will buy this pair, and pay 33 pips insurance for 2 days. If it goes down during the 2 days, I will lose 32 pips. even if it goes down 200 pips, I will only lose 32 pips. and even if it goes down 32 pips, then go back up, I will still be in the market And if it goes up, I will keep all the profits. That is why the trade insurance is way better than a stoploss I will buy with 1 standard lot on a $1K account, lets see how much money I can make with this set-up
Using the trade protection insurance has helped me open my buy positions from the lows instead of waiting for a breakout. I wouldn't dare to do that if I was using the stoploss.

So I have got this trade insured for two days, if I the GBPUSD had dropped, I won't lose. and since it went up, I am keeping all of the profits
  • #655,468
  • Apr 5, 2022 9:02am Apr 5, 2022 9:02am
Quoting fxsavvy1
{quote} Using the trade protection insurance has helped me open my buy positions from the lows instead of waiting for a breakout. I wouldn't dare to do that if I was using the stoploss. So I have got this trade insured for two days, if I the GBPUSD had dropped, I won't lose. and since it went up, I am keeping all of the profits
Please what is this really about
  • #655,469
  • Apr 5, 2022 9:03am Apr 5, 2022 9:03am
Some more buys taken out at 1.3165. Expecting a retracement or not to add more buys. For me, sell remains a no. I need to see 1.35 areas
  • #655,470
  • Apr 5, 2022 9:05am Apr 5, 2022 9:05am
Quoting Wavegarrick
{quote} Hi Guys, As time goes it is becoming clear to me that we are in a ranging mode from a daily perspective which gives the sense of bottoming taking place. I will wait for a daily close above 1.31500 for a possible entry. I'm not going to force further buy trades from here. I sincerely believe that a daily close above 1.31500 could lead to 1.37500 in this quarter. A close below 1.30000 could lead to a further 500 pip drop in this quarter towards 1.25000. Is this possible at this point? we shall see. Patience will be of utmost importance here....
it is becoming clear to me that we are in a ranging mode from a daily perspective
That is the struggle of the W1 trying to continue it's rally versus D2 trying to continue its pullback.
To free Gazans of Hamas, use whatever it takes.
  • #655,471
  • Apr 5, 2022 9:16am Apr 5, 2022 9:16am
Quoting Ryd3n
{quote} Liquidity grab and selling fron orderblock. Keep it simple. If i am wrong i am wrong.
Aced it.
  • #655,472
  • Apr 5, 2022 9:17am Apr 5, 2022 9:17am
Mf , he can't make 1 good move
Up and drop down ,up and drop down
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yes yes yes
  • #655,473
  • Apr 5, 2022 9:19am Apr 5, 2022 9:19am
Quoting Nd10
Some more buys taken out at 1.3165. Expecting a retracement or not to add more buys. For me, sell remains a no. I need to see 1.35 areas
Looks like a 100% retrace.
  • #655,474
  • Apr 5, 2022 9:25am Apr 5, 2022 9:25am
Aaand the 30 pips is back again...
You have to have an IQ higher than 90 to interact with this user.
  • #655,475
  • Apr 5, 2022 9:31am Apr 5, 2022 9:31am
Quoting IBabyTrader
{quote} Looks like a 100% retrace.
I have added couple at 1.313 on the retrace, fingers crossed.
  • #655,476
  • Apr 5, 2022 9:34am Apr 5, 2022 9:34am
Again to the mf 200 ema
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yes yes yes
  • #655,477
  • Apr 5, 2022 9:38am Apr 5, 2022 9:38am
Quoting tantra
{quote} {image}
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  • #655,478
  • Apr 5, 2022 9:44am Apr 5, 2022 9:44am
Is anyone buying?
Risk Management is of utmost importance!
  • #655,479
  • Apr 5, 2022 9:47am Apr 5, 2022 9:47am
Quoting Ryd3n
Short from 1.31615
BOOM
We cut the winners short and let the losers run.
  • #655,480
  • Apr 5, 2022 9:47am Apr 5, 2022 9:47am
Quoting RCtrader
Is anyone buying?
Start selling under Mn,W ,D open
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