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Cable Update (GBP/USD) without Idiots 23 replies

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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

Short tp 1.20800
Quoting Moty
seems like the market is lost since i left him {image}
Usually this is how the market work before retracements.
It will make sellers miserable with quick small spikes and let the sellers take small profit and than it will fall..
when the late sellers will join the price will fly to the sky.
this is how IT will always keep the equilibrium on theirs side

when everyone telling you to trade larger TF this is only help to be on a bigger part of the equilibrium and you can bite larger amount of pips before they eat you.
Keep it simple, stupid.
Quoting Indiara
{quote} Yes, it's in a 40 pip range today so there is nothing that I can trade. It's ok though...I can wait
Is that not a clue. only 42 range so far. so you should get at least another 50/60 if you get the trigger.
I am out of it now until monday.
Trade well.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
It is important to remember that today is a semi-holiday in the USA, it closes at 1 o'clock and it is noticeable that the big traders are not investing today.
Quoting billytt
{quote} Is that not a clue. only 42 range so far. so you should get at least another 50/60 if you get the trigger. I am out of it now until monday. Trade well.
Yes it is. It's just a matter of timing it right. Now is not the time to enter, but it IS time for coffee
I am neither brave nor stupid...I am just a part time trader
Quoting jmss59
It is important to remember that today is a semi-holiday in the USA, it closes at 1 o'clock and it is noticeable that the big traders are not investing today.
Who are the big boys? Do they trade manually by sitting infront of the PC?
Keep it simple, stupid.
Quoting Indiara
{quote} Yes it is. It's just a matter of timing it right. Now is not the time to enter, but it IS time for coffee
t 08-40 uk
Cable, our 04-00 to 08-00 4 hour candle was an outside candle.... The low of this candle has been broken at 12091, and price then moved up.
Should price break the high of the outside candle at 12127, we will then have a good probability of price continuing to go long.
This isnt a guarantee, but we can then play with theDaily Range.
trade well
i'll pop a chart in soon.
t 08-44
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
Bill Ackman reveals short position against Hong Kong dollar

https://www.ft.com/content/7473ad0c-...1-a52cfe99e2ae

The high-profile bet against the Hong Kong dollar puts Ackman in the company of prominent western fund managers — including George Soros and Kyle Bass — who have challenged the peg,

Same thing going to happen before EUR/CHF floor...Reminds of the Swiss/Euro peg that everyone thought was unbreakable.
Quoting billytt
{quote} t 08-40 uk Cable, our 04-00 to 08-00 4 hour candle was an outside candle.... The low of this candle has been broken at 12091, and price then moved up. Should price break the high of the outside candle at 12127, we will then have a good probability of price continuing to go long. This isnt a guarantee, but we can then play with theDaily Range. trade well i'll pop a chart in soon. t 08-44
t 08-46 uk.
Cable 4 hour chart just copied.
1 = the 04-00 to 08-00 4 hour candle.
2 = the 08-00 to 12-00 4 hour candle and still forming.
The low has of 1= has broken and price moved back up.
The bias is still short until 1= high is broken..
Trade well .

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t 08-48
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
Quoting billytt
{quote} t 08-40 uk Cable, our 04-00 to 08-00 4 hour candle was an outside candle.... The low of this candle has been broken at 12091, and price then moved up. Should price break the high of the outside candle at 12127, we will then have a good probability of price continuing to go long. This isnt a guarantee, but we can then play with theDaily Range. trade well i'll pop a chart in soon. t 08-44

I understand, but it's still time to wait and see what happens, and if anything worth risking my money on comes along for me to pounce on. If not, I just stay in the long grass and wait
I am neither brave nor stupid...I am just a part time trader
Quoting Robinhood1
{quote} Dragon is going to 173/74 area fast
Gbpjpy
Above 174 as it stands. Just waiting for the Algo to get tied trying to bring price down
PHASE II running 666
Today first trade
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Uj trade..
Tp1 142.20
Tp2 145.00
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Peace Yo!
Quoting Whale
{quote} Who are the big boys? Do they trade manually by sitting infront of the PC?
By large investors I mean financial institutions that invest billions and are the market movers. I accept your irony, generally except those who trade with eas are in front of the computer giving orders to the market and in large institutions there are trading rooms where hundreds of traders are giving orders to the market. These same institutions in turn have offices in buildings near wall street from where they operate with algorithms that launch thousands of orders in seconds. But I suppose I already knew all this.
Gj trade
Tp1 169
Tp2 170.40
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Peace Yo!
Quoting navk
{quote} Yes, I expect minimum 2050. NY being holiday, I doubt if 2150 will again be tested.
Going to sleep now guys.

The price testing 2050.. or not. Do not know and do not care.

My pocket is filled somewhat... took short trades and all closed in line with my short trade idea early in Asia.

May not trade NY today.

Monday, I am off. I am travelling long distance and will be back in my trading desk on Tuesday.

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Intraday only.
Quoting Indiara
{quote} I understand, but it's still time to wait and see what happens, and if anything worth risking my money on comes along for me to pounce on. If not, I just stay in the long grass and wait
Plus,,,,,,,, it is Friday.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
Quoting jmss59
{quote} By large investors I mean financial institutions that invest billions and are the market movers. I accept your irony, generally except those who trade with eas are in front of the computer giving orders to the market and in large institutions there are trading rooms where hundreds of traders are giving orders to the market. These same institutions in turn have offices in buildings near wall street from where they operate with algorithms that launch thousands of orders in seconds. But I suppose I already knew all this.
Maybe

check when GU made historical low..
Keep it simple, stupid.
One of my mt4 keep disconnecting often today.

I do not know why.

I can not fight with provider, instead, taking rest is best.

Second mt4 running nicely.




Intraday only.
Gu today trade underwater...

GJ slower move than UJ!
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Peace Yo!
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