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Cable Update (GBPUSD)

Quoting billytt
Quoting Indiara
Hello friends....I couldn't be here yesterday as I was so exhausted after work that I went straight to my bed and slept for 13 hours. I wok up feeling bad, so I took a Covid test, and yes, I have Covid I suppose it was always going to happen bu I hope you get well soon and you are not too uncomfortable with the C. I was trying to tell you yesterday about inside bars on U/J 4 hour chart from the day before. i know you are in a different time zone but you will see them. ( and good ttades) if you took
...

Thank you billytt....my attention span is very short at the moment but I see the H4 charts inside bars
I am neither brave nor stupid...I am just a part time trader
Quoting Indiara
Hello friends....I couldn't be here yesterday as I was so exhausted after work that I went straight to my bed and slept for 13 hours. I wok up feeling bad, so I took a Covid test, and yes, I have Covid I suppose it was always going to happen but it is not nice. My UJ pending sell was triggered, and I'm not yet sure how I'm going to manage this. I might set the TP just above 147 line, and the SL at +25. This is because this drop is not caused by Kuroda San. If I get just +25, then I have my +20 for the day, which is what...
if u are not vaccinated, then it should be milder and your body gets a natural protective shield;-)

strangely enough, in my circle of acquaintances, it affects vaccinated people more than unvaccinated people and they have it more often. just an observation...
I know that you and I know nothing.
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Indicators on my chart help me guess the trade they do not guarantee result
...y/days lo went into that prev 4hr/dly sw hi zone = prev res = pot sbr. On dly the zone extends down to 1372 Chart below shows this.
Y/days dly candle on gmt+3 feed anyways was an inverted gravestone doji type candle. Which way will this resolve?

4hr below
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Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
Quoting elbert3
Waiting for short rule to target 1418 precisely lol
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morning as above we are in with the rule but look left can it take out the support
Quoting suhas316
Short GU stop loss above red line and target green line.... Trade based on 30m chart {image}
Going down
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Born to Trade Forex !!!
Quoting elbert3
{quote} {image} morning as above we are in with the rule but look left can it take out the support
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1 min hedge I think
Quoting suhas316
{quote} Going down {image}
Not yet.. impossible without me.
Insolvent
Quoting birdland
{quote} if u are not vaccinated, then it should be milder and your body gets a natural protective shield;-) strangely enough, in my circle of acquaintances, it affects vaccinated people more than unvaccinated people and they have it more often. just an observation...
I am vaccinated as it is a requirement of my work. The next couple of days might be hard, but I will be fine :0
I am neither brave nor stupid...I am just a part time trader
Quoting LeongPuiy
{quote} I pending short there1542-1565
Changed. Pending 1501-1516
Training.
Quoting billytt
t 07-02 am uk time. Cable, i have no bias yet high will be over 11527.... and low will be below 11486 <<<< that being the 00-00 to 04-00 hour candle range. Same as ever ,i will scalp hard off the 07-45 to 08-00 candle and then hopefully trade off the 08-00 to 08-15 candle . Trade well all. t 07-05
Will you only trade the break out above the high of 11527 or the low of 11486. But not take a trade at all if the price remains in the box
...finding some demand @ that prev 1hr sw hi zone = prev res = pot rbs. How strong are the bears now?

1hr below
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Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
My analysis for GBPUSD until NFP
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Quoting Chris_35
{quote} Will you only trade the break out above the high of 11527 or the low of 11486. But not take a trade at all if the price remains in the box
t 07-38 uk time.

I used to trade the break of this box a long time ago and it is very useful.
If you look back at the cable 4 hour chart, you will will how significant it is especially if you watch the daily range candle with it.

I am not saying as example, the low breaks and you make lots of %% because price can and does reverse.

My primary trades now are the break of the 07-45 and 08-00 15 minute candles.

Ideally , if the 00-00 low breaks at the same time the 07-45 does or/and 08-00 this is ideal.
I always prefer to short and i will go long off a trigger and against the trend, trend means nothing to me .
The only trouble you might have is the take profit.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
...Big 3 days of data coming up starting today with U.s fed's Fomc announce, and then the Uk Boe's Mpc rate announce Thursday, and then Friday's U.s Nfp. Some other economic data too. Impossible to predict market reaction overall, so as always, I will trade what I see. Should be fun though.
-----------------------------------
price challenging a prev minor 1hr sw lo zone now = prev supp = pot sbr.
Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
Quoting billytt
{quote} t 07-38 uk time. I used to trade the break of this box a long time ago and it is very useful. If you look back at the cable 4 hour chart, you will will how significant it is especially if you watch the daily range candle with it. I am not saying as example, the low breaks and you make lots of %% because price can and does reverse. My primary trades now are the break of the 07-45 and 08-00 15 minute candles. Ideally , if the 00-00 low breaks at the same time the 07-45 does or/and 08-00 this is ideal. I always prefer to short and i will go...
Hence the larger lot size and the smaller S/L ????
I am only reffering to thr 07:45 and 08:00 candle wicks breaking above or below the said box.
Quoting Chris_35
{quote} Will you only trade the break out above the high of 11527 or the low of 11486. But not take a trade at all if the price remains in the box
quick answer.
if the high breaks go long.
if the low breaks then short, only trade the actual break and and make sure it is an actual trigger.

ie, if short price is 1000, we do not short at 1000.2 but short at 1000.l
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
Quoting JameRomeo168
My analysis for GBPUSD until NFP {image}
That's not analysis, it's prediction.
Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
Quoting Indiara
My UJ pending sell was triggered, and I'm not yet sure how I'm going to manage this. I might set the TP just above 147 line, and the SL at +25. This is because this drop is not caused by Kuroda San. If I get just +25, then I have my +20 for the day, which is what I'm testing for next years adventure.
I have done what I think is sensible. I have moved the TP to just about the 147 line and protected the trade with +25. I may adjust the SL more soon. I also removed the pending sell from 146.960 because I don't want it triggered by an overshoot of the price in case it goes up, leaving me in drawdown. I will put it back perhaps later, but I think that Kuroda San is unlikely to act at this level, so the pending sell is not worth the risk

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I am neither brave nor stupid...I am just a part time trader
Quoting billytt
{quote} quick answer. if the high breaks go long. if the low breaks then short, only trade the actual break and and make sure it is an actual trigger. ie, if short price is 1000, we do not short at 1000.2 but short at 1000.l
This I have made order with only 5 pip S/L or should that be more.
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