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Cable Update (GBPUSD)

  • #661,061
  • May 30, 2022 12:02am May 30, 2022 12:02am
Quoting PatienceFx
{quote} my actual SL is controlled by the EA, the sl on chart is for the broker IT IS A TAKE THE TRADE AND FORGET ABOUT IT, SETUP
Oh, ok.
good luck i stick to my chart.
my stops are much shorter
  • #661,062
  • May 30, 2022 12:04am May 30, 2022 12:04am
Quoting Whale
{quote} Oh, ok. good luck i stick to my chart.

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my stops are much shorter
  • #661,063
  • May 30, 2022 12:11am May 30, 2022 12:11am
cable will go up
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  • #661,064
  • May 30, 2022 12:17am May 30, 2022 12:17am
I took short.

my stop 2658
Intraday only.
  • #661,065
  • May 30, 2022 12:17am May 30, 2022 12:17am
Quoting PatienceFx
cable will go up {image}
Fine.
  • #661,066
  • May 30, 2022 12:34am May 30, 2022 12:34am
I don't think it is good idea to take a trade before London open...
You are allowed to fall but you are imposed to get up!
  • #661,067
  • May 30, 2022 12:43am May 30, 2022 12:43am
Quoting iero4
I don't think it is good idea to take a trade before London open...
If the price is where do you want it when you look on the chart and not on the session so why not?
  • #661,068
  • May 30, 2022 12:43am May 30, 2022 12:43am
Quoting Whale
{quote} Thank you, as long as price below 1.265, 1.2411 is reasonable target for bears, if it will be overstretch we can see even 1.227 after that bull can take the wheel.
Since the Bulls took over from the low of 1.2155 to this current high of 1.2667, the biggest correction has been 170 pips, this means if 1.2411 is to occur, that will be 256 pips correction off the high of 1.2667. This will mean a temporary high is in place and that bears can easily slam it back to 1.21 - 1.19 area. In summary 1.2495 is the decider between 1.28 and 1.21...
Data + Stat + Risk/Emotions Management
  • #661,069
  • May 30, 2022 12:46am May 30, 2022 12:46am
Quoting Georginson
{quote} Since the Bulls took over from the low of 1.2155 to this current high of 1.2667, the biggest correction has been 170 pips, this means if 1.2411 is to occur, that will be 256 pips correction off the high of 1.2667. This will mean a temporary high is in place and that bears can easily slam it back to 1.21 - 1.19 area. In summary 1.2495 is the decider between 1.28 and 1.21...
Agree with this statement PA wise
  • #661,070
  • May 30, 2022 12:46am May 30, 2022 12:46am
Quoting PatienceFx
cable will go up {image}
My target 2948
  • #661,071
  • May 30, 2022 12:57am May 30, 2022 12:57am
Quoting Whale
{quote} Thank you, as long as price below 1.265, 1.2411 is reasonable target for bears, if it will be overstretch we can see even 1.227 after that bull can take the wheel.
The drop is calling, can happend aby time and so fast, we can be even at 1.20 to the end od week, I think monthly change to bearish candle and one more or two will be further, I can be wrong too, trade safe!
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People don't plan to lose. They lose because they don't plan.
  • #661,072
  • May 30, 2022 1:03am May 30, 2022 1:03am
Quoting Whale
{quote} Which pattern?
the drop pattern , its a swing wave make lower and more lower high with the volume change.

we are in end of month , i can see possible of drop to 1.23700 also , im awaring the drop in the last day of month , depend how today daily candle giv us
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #661,073
  • May 30, 2022 1:03am May 30, 2022 1:03am
G/M, bulls encountered supply on a retest of the bottom of 4hr part of prev 1hr/minor 4hr sw hi zone leading to last week's 3666 hi. This has created a separate prev 1hr sw hi zone of it's own on this t/f. 1hr flag?

1hr below
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Trader with an Edge.
  • #661,074
  • May 30, 2022 1:12am May 30, 2022 1:12am
Quoting Whale
{quote} If the price is where do you want it when you look on the chart and not on the session so why not?
I just don't like the price action before London open. It doesn't comply with my rules anyway...I only open trades when markets are open. Any time I have done the opposite I had a loss
You are allowed to fall but you are imposed to get up!
  • #661,075
  • May 30, 2022 1:27am May 30, 2022 1:27am
... which will break? 3hrs+ in a 16pip range.

5min below
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Trader with an Edge.
  • #661,076
  • May 30, 2022 1:34am May 30, 2022 1:34am
Quoting kris89
{quote} the drop pattern , its a swing wave make lower and more lower high with the volume change. we are in end of month , i can see possible of drop to 1.23700 also , im awaring the drop in the last day of month , depend how today daily candle giv us
ive my sell active , will see how dip it will go
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #661,077
  • May 30, 2022 1:45am May 30, 2022 1:45am
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  • #661,078
  • May 30, 2022 1:47am May 30, 2022 1:47am
Quoting PatienceFx
{image}{image}
the big money will Liquid
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #661,079
  • May 30, 2022 1:54am May 30, 2022 1:54am
Quoting PatienceFx
{image}{image}
You are right dollar is just about to finish correction before it pop again, but now its time for him to range on 4h which will take weak pound down further.
  • #661,080
  • May 30, 2022 1:55am May 30, 2022 1:55am
Looking to go bullish after retest of major support. Cable seems to have some bullish energy left.
Observe, we shall !
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Time is everything; Everything.
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