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Cable Update (GBPUSD)

  • #702,041
  • Oct 31, 2022 2:55am Oct 31, 2022 2:55am
...challenging 1st potential upside obstacle on 1hr now, a pot sbr zone

1hr below
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Trader with an Edge.
  • #702,042
  • Oct 31, 2022 3:02am Oct 31, 2022 3:02am
First try to Short..
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  • #702,043
  • Oct 31, 2022 3:02am Oct 31, 2022 3:02am
Quoting Whale
{quote} explain the bad timing?
most of the time you are right but you get in one step early, bro it's just what I see from the side it does not have to be the true or correct
  • #702,044
  • Oct 31, 2022 3:03am Oct 31, 2022 3:03am
Quoting Indiara
{quote} USDX could not make it stick above the round number, and GU reversed about 4 pips from what would been my TP, so I would have to exit with a few pips, before protecting SL would have been eaten. Or maybe trade would have worked if I left it alone as protecting SL still not hit. Not a high probability trade for me.
ok,
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #702,045
  • Oct 31, 2022 3:04am Oct 31, 2022 3:04am
Quoting TheWolf
First try to Short.. {image}

Little bit more down and I'm Putin SL at entry..
SL at entry.. slightly above, few pips..

Okey SL at entry now, no need to risk anything now.
  • #702,046
  • Oct 31, 2022 3:07am Oct 31, 2022 3:07am
Quoting erez h
{quote} most of the time you are right but you get in one step early, bro it's just what I see from the side it does not have to be the true or correct
thats right. who knows.
i use micro market structure with macro structure
i cannot be always right, impossible not to lose some.

im in again @ 1.15492 sl below 1.153
tp 1.165
  • #702,047
  • Oct 31, 2022 3:12am Oct 31, 2022 3:12am
Quoting billytt
{quote} ok,
What did I miss?
I am neither brave nor stupid...I am just a part time trader
  • #702,048
  • Edited 6:13am Oct 31, 2022 3:13am | Edited 6:13am
TRying first small L 11554 & 11535 & 11506 with tp 11587/90 & 11615/22 & 11680/11706
COT: The precious data ignored
  • #702,049
  • Oct 31, 2022 3:20am Oct 31, 2022 3:20am
Quoting Indiara
{quote} What did I miss?
i have no idea, i do not trade like you peeps...
BUT, if you had a trigger you trade it..
Hope you understand.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #702,050
  • Oct 31, 2022 3:23am Oct 31, 2022 3:23am
Quoting billytt
{quote} i have no idea, i do not trade like you peeps... BUT, if you had a trigger you trade it.. Hope you understand.
Yes I understand. The trigger was not there because USDX was of concern to me. I made the right choice for me...and there will be better chances to enter a trade that makes me smile
I am neither brave nor stupid...I am just a part time trader
  • #702,051
  • Oct 31, 2022 3:24am Oct 31, 2022 3:24am
In again
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yes yes yes
  • #702,052
  • Oct 31, 2022 3:25am Oct 31, 2022 3:25am
This is 15M chart for EUR/USD, why is it important? If 15M on EUR/USD confirms Buy, it's highly likely Pound will also follow and go Long.
I suggest some patience now if you didn't enter at the good price. I might close my trade, we'll see.. not gonna rush this time..
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  • #702,053
  • Oct 31, 2022 3:26am Oct 31, 2022 3:26am
Quoting Headland
...challenging 1st potential upside obstacle on 1hr now, a pot sbr zone 1hr below {image}

...well, fell @ the 1st upside hurdle on 1st attempt, but now some demand @ the prev minor 1hr sw lo zone at todat's current dly lo.

1hr below
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Trader with an Edge.
  • #702,054
  • Oct 31, 2022 3:26am Oct 31, 2022 3:26am
Quoting TheWolf
First try to Short.. {image}
Hi Wolf, Nice entry . Hope you don't mind but what did you see that I didn't to take that? I don't see the short trigger?

Thanks
always learning
  • #702,055
  • Oct 31, 2022 3:30am Oct 31, 2022 3:30am
Quoting griffc
{quote} Hi Wolf, Nice entry . Hope you don't mind but what did you see that I didn't to take that? I don't see the short trigger? Thanks
Look more closely to the chart. See the gray line? This line acts as S or R of course depending on if the price is higher or lower. Another S or R is yellow line. This is how I'm able to catch trades like sniper. System allows me that.. Sometimes it works, sometimes not. However, I only put small SL in case candle breaks the lines, because if it does it means continuation.

Hope I answered it properly, if you have any other question, just shoot!
  • #702,056
  • Oct 31, 2022 3:31am Oct 31, 2022 3:31am
TP of GU hit...cheers...done for day
Blank and Empty
  • #702,057
  • Oct 31, 2022 3:35am Oct 31, 2022 3:35am
Wait for the correction guys ...
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REDA_EL_HARAOUI
ELITE MOROCCO SNIPER All Time Return: 27.5%
  • #702,058
  • Oct 31, 2022 3:37am Oct 31, 2022 3:37am
Quoting TheWolf
{quote} Look more closely to the chart. See the gray line? This line acts as S or R of course depending on if the price is higher or lower. Another S or R is yellow line. This is how I'm able to catch trades like sniper. System allows me that.. Sometimes it works, sometimes not. However, I only put small SL in case candle breaks the lines, because if it does it means continuation. Hope I answered it properly, if you have any other question, just shoot!
Got the grey line, thanks - seems like a 10sma, I don't recognise the other 2 but get that they will act as active S&R points. I guess i saw it more as a demand area rather than supply.
... looks like it's coming along nicely Target around 1.150 I'd speculate or 1.154 if using a DTL ?
always learning
  • #702,059
  • Oct 31, 2022 3:40am Oct 31, 2022 3:40am
...good opportunities to get in involved in this short after the pullback to the pot sbr zone on 1hr...1st the 5min bearish hidden div then the 15min bearish thrust engulfing close, then similar on 30min. A no-brainer really. Plenty of pot supp/rbs below though on 30min +!!

1hr below (30min prev sw hi or lo zones are marked in pink)- challenging a prev 30min sw lo zone right now
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Trader with an Edge.
  • #702,060
  • Oct 31, 2022 3:40am Oct 31, 2022 3:40am
Quoting griffc
{quote} Got the grey line, thanks - seems like a 10sma, I don't recognise the other 2 but get that they will act as active S&R points. I guess i saw it more as a demand area rather than supply. ... looks like it's coming along nicely Target around 1.150 I'd speculate or 1.154 if using a DTL ?
14 and 144.
No problem!

So far so great.. yeah.
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