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Cable Update (GBPUSD)

  • #691,321
  • Oct 4, 2022 1:01am Oct 4, 2022 1:01am
Quoting Indiara
I couldn't get entry for this spike up as I just sat down, but the direction of this pair seems clear to me. Perhaps Uncle Frankfurt will give me a chance to entry
you are waiting for sell entry or buy ?
RedcaT 3003
25k Return This Week: na
  • #691,322
  • Oct 4, 2022 1:03am Oct 4, 2022 1:03am
We might see GU retraced to 1.10 or below after 14th
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2022-10-04 100201.png Size: 7 KB

https://www.reuters.com/markets/euro...ad-2022-10-04/
More time in the market, does not mean you trade better!
  • #691,323
  • Oct 4, 2022 1:03am Oct 4, 2022 1:03am
SELL limit activated at 1.1365 TP placed at 1.1250
WITH SL OF 30 PIPS
  • #691,324
  • Oct 4, 2022 1:05am Oct 4, 2022 1:05am
Quoting Indiara
{quote} I'm sure that the rules of the quote don't apply when it's creature vs creature. But perhaps it applies best when it's human against a task that does not involve conflict with another human. I'm not philosopher so I'm not sure

are the rats the same age? the younger smaller rat like be like a human child, they throw a tantrum if they lose.Just saying.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #691,325
  • Oct 4, 2022 1:06am Oct 4, 2022 1:06am
[quote=redcat3003;14163101]{quote} you are waiting for sell entry or buy ?[/quo

This is H1 chart and it looks to go up all the way to the Daily chart. I will look for a Buy chance

Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 152 KB
I am neither brave nor stupid...I am just a part time trader
  • #691,326
  • Oct 4, 2022 1:07am Oct 4, 2022 1:07am
Quoting billytt
{quote} are the rats the same age? the younger smaller rat like be like a human child, they throw a tantrum if they lose.Just saying.

That's a good point
I am neither brave nor stupid...I am just a part time trader
  • #691,327
  • Oct 4, 2022 1:13am Oct 4, 2022 1:13am
Silver gained 8.71% yesterday and looking for even more today, lol.
  • #691,328
  • Oct 4, 2022 1:15am Oct 4, 2022 1:15am
Quoting josip
but upside there is R... not so much to do... 2pic... if that wedge will work = down {image} {image}
Seems to be a lot of resistance at the 1.136 level.
  • #691,329
  • Oct 4, 2022 1:16am Oct 4, 2022 1:16am
Cable as long as price is above 11280 my personal bias is long.
I am waiting to scalp the 07-45 and 08-00 15 minute high/low.
It doesnt matter the trade is long or short, i prefer short.
In and out, then chill until tomorrow.
trade well all.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #691,330
  • Oct 4, 2022 1:21am Oct 4, 2022 1:21am
Quoting dantpm
{quote} Seems to be a lot of resistance at the 1.136 level.
yep, I wonder if that R will be overcome... lets see
Trendlines H1,H4, SMC
  • #691,331
  • Oct 4, 2022 1:23am Oct 4, 2022 1:23am
GU SRF holding strong.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (149).png Size: 44 KB

Looking forward to sell in LO
More time in the market, does not mean you trade better!
  • #691,332
  • Oct 4, 2022 1:27am Oct 4, 2022 1:27am
Quoting Fardeen1209
Looking forward to sell in LO
London like to go the other way for a little while at the Open. We see it a lot
I am neither brave nor stupid...I am just a part time trader
  • #691,333
  • Oct 4, 2022 1:30am Oct 4, 2022 1:30am
Quoting Indiara
{quote} London like to go the other way for a little while at the Open. We see it a lot
Yup, banks love to trap retails on the opposite side first, then the real direction took all of them underwater
More time in the market, does not mean you trade better!
  • #691,334
  • Oct 4, 2022 1:32am Oct 4, 2022 1:32am
Quoting Fardeen1209
{quote} Yup, banks love to trap retails on the opposite side first, then the real direction took all of them underwater
That's right! Is a game and the casino (bank) wins most. Perhaps not all though
I am neither brave nor stupid...I am just a part time trader
  • #691,335
  • Oct 4, 2022 1:35am Oct 4, 2022 1:35am
Quoting Indiara
{quote} London like to go the other way for a little while at the Open. We see it a lot
If you can back check that information you posted just.
Check the stats, and these are Frequency Distribution Stats and well worth trading if they have a decent bias.
Trade Well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #691,336
  • Oct 4, 2022 1:37am Oct 4, 2022 1:37am
Quoting Indiara
{quote} That's right! Is a game and the casino (bank) wins most. Perhaps not all though
yep, the casino has the 00 on roulette and the market mover is like having a loaded di.(dice)
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #691,337
  • Oct 4, 2022 1:38am Oct 4, 2022 1:38am
H4 resistance + 200EMA
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_2022-10-04_09-35-51.png Size: 32 KB
Markets will move to the right.
  • #691,338
  • Oct 4, 2022 1:39am Oct 4, 2022 1:39am
come on just a lit more .....push push ...bulls
average dude treading water
  • #691,339
  • Oct 4, 2022 1:40am Oct 4, 2022 1:40am
Quoting billytt
{quote} If you can back check that information you posted just. Check the stats, and these are Frequency Distribution Stats and well worth trading if they have a decent bias. Trade Well.
This is the reason why I don't like to enter trades at this time. I will do it if I have a great set up, but mostly I'm to scared to enter until London has come online and the market has settled into it's routine
I am neither brave nor stupid...I am just a part time trader
  • #691,340
  • Oct 4, 2022 1:41am Oct 4, 2022 1:41am
Quoting billytt
{quote} yep, the casino has the 00 on roulette and the market mover is like having a loaded di.(dice)
If it is like roulette, we need to be like Drake then, to be the sharpest amongst the smartest.
More time in the market, does not mean you trade better!
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