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Cable Update (GBPUSD)

  • #662,341
  • Jun 7, 2022 11:13am Jun 7, 2022 11:13am
Quoting Haydel
{quote} If I may ask, What made you take this nice trade?
I think he saw the Daily QM.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #662,342
  • Jun 7, 2022 11:14am Jun 7, 2022 11:14am
Quoting Pat Chiko
{quote} Still contemplating on the next moves. We may get small pullback then push higher, as Daily already making HH HL with strong Daily QM rejecting the price and push upward. Not going to short now and wait for and sign or pullback and rejection. Chart as above on Moty post reply.
We will.. for sure
scalping time.
  • #662,343
  • Jun 7, 2022 11:16am Jun 7, 2022 11:16am
Quoting ScalaFX
{quote} Added 2595
where you put your stop?
rip and tear until it's done
  • #662,344
  • Jun 7, 2022 11:22am Jun 7, 2022 11:22am
Quoting sisucoro
{quote} where you put your stop?
I have a few pendings shorts above till 2630, i dont using this, using but rather when trading with big news or so, usually is hard stop 100 pips from last position so here I think good will be somewhere 12700-30
People don't plan to lose. They lose because they don't plan.
  • #662,345
  • Jun 7, 2022 11:31am Jun 7, 2022 11:31am
126 before close. How much further will it go??
Insane in the Brain..
  • #662,346
  • Jun 7, 2022 11:42am Jun 7, 2022 11:42am
Asia a pull back, Not today
Intraday only.
  • #662,347
  • Jun 7, 2022 11:44am Jun 7, 2022 11:44am
Quoting Wavegarrick
{quote} 2 More buy trades opened from my weekly pivot at 1.25337 s/loss 50 pips each. Cheers. {image}
It sucks Folks, but this is the nature of trading. I have had my buy trades and stops taken out and back in with a buy trade.
Trade safe,
Cheers.
Attached Image (click to enlarge)
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Trade to trade another day
  • #662,348
  • Jun 7, 2022 11:49am Jun 7, 2022 11:49am
Quite a bull run over the past 9-10 hours or so. They took liquidity below 1.2430. Why not go ahead and take the liquidity above 1.26? Play it to both sides and screw over both the weak longs and weak shorts? That's how these MM's (market manipulators) like to operate. Let's not forget that we're still within a LL and LH formation on the monthly charts as well as on the weekly charts (as of just today). I'd say medium and long term still favors the bears for now.

Edit: I might have spoken to soon. I thought I saw it clip 1.26 on the charts, but it came up just short. It's possible that 1.26 might hold for now. Let's see how this goes..
  • #662,349
  • Jun 7, 2022 11:54am Jun 7, 2022 11:54am
Quoting PapaSmurf-fx
{quote} Sorry to sound dumb... but what is Kink....? and what is it telling?

This may help to explain a bit.

Sorry for late reply, overlooked your post earlier

Thousand Apology.

Kink description
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #662,350
  • Jun 7, 2022 11:56am Jun 7, 2022 11:56am
Quoting Wavegarrick
{quote} It sucks Folks, but this is the nature of trading. I have had my buy trades and stops taken out and back in with a buy trade. Trade safe, Cheers. {image}
ha..ha..
Intraday only.
  • #662,351
  • Jun 7, 2022 11:57am Jun 7, 2022 11:57am
Quoting navk
Asia a pull back, Not today
At what price is the pullback? Why? for movement today? I find pullback to 1.255 more likely
There is nothing wrong with being kind & loving to each other
  • #662,352
  • Jun 7, 2022 11:59am Jun 7, 2022 11:59am
Quoting RaHaG0D
{quote} At what price is the pullback? Why? for movement today? I find pullback to 1.255 more likely
I can not where it is likely to pull back.

But, I expect when tokyo opens provided today high does not break when tokyo opens
Intraday only.
  • #662,353
  • Jun 7, 2022 12:08pm Jun 7, 2022 12:08pm
Quoting BeeTogether
126 before close. How much further will it go??
top of the trend channel at least!!!
  • #662,354
  • Jun 7, 2022 12:09pm Jun 7, 2022 12:09pm
Quoting navk
{quote} I can not where it is likely to pull back. But, I expect when tokyo opens provided today high does not break when tokyo opens
Is this your trading system? (Highest Open / Lowest Open Trade) Thank you for your answer. I need to know more about scalping
There is nothing wrong with being kind & loving to each other
  • #662,355
  • Jun 7, 2022 12:10pm Jun 7, 2022 12:10pm
Attached Image (click to enlarge)
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Areas of interest: 1.24, 1.245 and 1.25. Targets 1.28 through to 1.31
  • #662,356
  • Jun 7, 2022 12:14pm Jun 7, 2022 12:14pm
Quoting Nd10
{image}Areas of interest: 1.24, 1.245 and 1.25. Targets 1.28 through to 1.31
You must be smiling to the bank with your buys! I'm coming to rob your bank. Hehe
  • #662,357
  • Edited 12:44pm Jun 7, 2022 12:17pm | Edited 12:44pm
A reminder of where we are on the weekly charts. This is an area where smart money is looking for good short setups. The long and medium term trend is down, and at this point, this would still be considered a pullback.
Attached Image (click to enlarge)
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  • #662,358
  • Jun 7, 2022 12:24pm Jun 7, 2022 12:24pm
Quoting Pat Chiko
{quote} GU Taking all liquidity and trapping retail trades. I'm looking for short trades ATM {image}
GU

Scalping first

Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #662,359
  • Jun 7, 2022 12:25pm Jun 7, 2022 12:25pm
Quoting Georginson
{quote} I'm gutted that my sold entry from 1.2535 got stopped out yesterday at 1.2570 and here we are again at 1.249+. As far as price fails to break 1.2670, the bears will have a go to 1.21 - 1.22 This June only a break and weekly close above 1.2670 will invalidate 1.21 - 1.22 This June. I need to work more on the use of Stops... Have a great weekend guys, Cheers, George.
Attached Image (click to enlarge)
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #662,360
  • Jun 7, 2022 12:30pm Jun 7, 2022 12:30pm
Quoting Pat Chiko
{quote} This may help to explain a bit. Sorry for late reply, overlooked your post earlier Thousand Apology. Kink description

No apology needed.... was no hurry and I was waiting patiently as I know people have life outside of trading too...

Thank you for the reply. The link helped me understand the kink much better. You have helped me through your posts more than you could ever know. I truly do appreciate your willingness to assist those of us that are looking for assistance in learning to trade better.

Have a blessed day Pat Chiko.
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