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Cable Update (GBPUSD)

  • #778,021
  • Sep 26, 2023 3:21am Sep 26, 2023 3:21am
Before I leave the house...
GBP/USD SL at BE!
  • #778,022
  • Sep 26, 2023 3:24am Sep 26, 2023 3:24am
Quoting JereMi256
Test short @1.2183 SL 1.2200 TP 1.2140 {image}
Added 1.2190
Face 'ur fears & tame 'ur greed
  • #778,023
  • Sep 26, 2023 3:24am Sep 26, 2023 3:24am
Quoting FulMargnAlch
{quote} BE hit, not sure if I'll buy again. Maybe wait for more info. Edit: Same buy again.
Good day folks, I have a lot of things to do. This is enough for me.
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The market hides a perfect geometry.
  • #778,024
  • Sep 26, 2023 3:24am Sep 26, 2023 3:24am
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State of play
  • #778,025
  • Sep 26, 2023 3:28am Sep 26, 2023 3:28am
Quoting elbert3
{quote} so the 5 min rule worked out 21920 area for now before adding shorts I think PUT A FIB ON IT SEE WHERE ITS GOING
1920 hit can we go higher
  • #778,026
  • Sep 26, 2023 3:31am Sep 26, 2023 3:31am
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SR flip
chaos is just unknown order
  • #778,027
  • Sep 26, 2023 3:36am Sep 26, 2023 3:36am
Quoting TheWraith
Finally... GBP/USD @ 1.215 Time to try the first Long... Lower lot size until I see evidence of Bulls presence.. SL 20 Pips {image}
TP-ed. 20 Pips.
  • #778,028
  • Sep 26, 2023 3:38am Sep 26, 2023 3:38am
Die mf
You shell not pass 105.850
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yes yes yes
  • #778,029
  • Sep 26, 2023 3:41am Sep 26, 2023 3:41am
Quoting Moty
Die mf You shell not pass 105.850 {image}
man you make me laugh
  • #778,030
  • Sep 26, 2023 3:45am Sep 26, 2023 3:45am
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Watch if any bounce here
  • #778,031
  • Sep 26, 2023 3:45am Sep 26, 2023 3:45am
Okay, not buying for the retracement, I'll always wait for the retracement and then sell at the new resistance it'll make. This worked for me now. I don't know putting SL and support but at resistance, it worked properly.
Secret to the Price Action is Liquidity.
  • #778,032
  • Sep 26, 2023 3:57am Sep 26, 2023 3:57am
Quoting iusman23
{quote} Let me explain from the start. It's about last week's Monday, I got myself a prop account with a $600 loss margin total and $300 per day loss. I started with 0.05 lot size to make sure I was secure. I took a session with Mr. T721 and from that session, I learned about the liquidity concept which really helped me to predict the price movement. I started making profits with a 0.05 lot size. Later I increased the size to 0.2 and 0.3 (Which currently I am using). I was in profit the whole week. But I made a mistake, forgot to put SL on last...
You dont become a pro in one month of trading tho
More time in the market, does not mean you trade better!
  • #778,033
  • Sep 26, 2023 3:58am Sep 26, 2023 3:58am
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This should be a short entry stop on the top
  • #778,034
  • Sep 26, 2023 3:58am Sep 26, 2023 3:58am
G/M. Downside follow-thru on y/day's bearish thrust dly candle began in Asia but some support found in early London slightly lower than the Asian session lo @ 2167 - current dly lo, @/around Wkly S1. Price @ the lo is well into that aforementioned very wide pot rbs zone on wkly t/f that extends down to circa 2053.

Price @ the current p/back hi challenging a prev 1hr sw lo zone= prev supp = pot sbr as well as that prev 4hr/dly sw lo zone that started @ 2189, and on dly extends to circa 2221.

1hr below
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Trader with an Edge.
  • #778,035
  • Sep 26, 2023 4:08am Sep 26, 2023 4:08am
Quoting Fardeen1209
{quote} You dont become a pro in one month of trading tho
You never become pro in trading your entire life.
Secret to the Price Action is Liquidity.
  • #778,036
  • Sep 26, 2023 4:11am Sep 26, 2023 4:11am
GU bounced at support level 1.2179* for a while. Now went through support, another downtrend starting from the lowest support. It can bounce at the lowest support at 1.21673 and then break through to 1.215* soon.
Secret to the Price Action is Liquidity.
  • #778,037
  • Sep 26, 2023 4:11am Sep 26, 2023 4:11am
Quoting iusman23
{quote} You never become pro in trading your entire life.

I guess he was just giving you a heads up.

one can never become a pro overnight.
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#Stay blue. /swinger/scalper/
  • #778,038
  • Sep 26, 2023 4:12am Sep 26, 2023 4:12am
Quoting iusman23
{quote} You never become pro in trading your entire life.
thats quite the comment for someone just starting

maybe post a chart of your trade?
in wondering about yourself, you forgot what you came here to be part of
  • #778,039
  • Sep 26, 2023 4:13am Sep 26, 2023 4:13am
Quoting knkie
{quote} thats quite the comment for someone just starting maybe post a chart of your trade?

exactly man.

I’ve been here since 2020 and everyday I learn from y’all.

so that comment was quite it.
#Stay blue. /swinger/scalper/
  • #778,040
  • Sep 26, 2023 4:14am Sep 26, 2023 4:14am
To the downside on dly t/f and below:

A Prev currently minor 1hr sw lo zone = prev supp = pot supp down to 2167 (current dly lo,) Dly S2 @/around 2161, Dly S3 @/around 2129
then;

a. Prev 4hr sw lo zone circa 2128-11, = prev supp = pot supp, longer-term fib @2116
b. Prev 4hr sw hi zone circa 2112-2080
c. Longer-term fib @ 2078
d. Wkly S2 @/around 2070
e. Prev 4hr/dly sw lo zone that on dly runs circa 2051-07
Trader with an Edge.
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