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Cable Update (GBPUSD)

  • #778,581
  • Sep 27, 2023 2:15pm Sep 27, 2023 2:15pm
Come on break and hold 2162 area
  • #778,582
  • Sep 27, 2023 2:15pm Sep 27, 2023 2:15pm
Quoting iusman23
What is making GU upwards?
trying to hit stops
  • #778,583
  • Sep 27, 2023 2:15pm Sep 27, 2023 2:15pm
[quote=dempire1;14594598]
Quoting dempire1
{quote} Damn croocks like Moty likes to say
Moty is so funny.
May he live long to finally get his sharp edge in the market and cut the MM by the throught.

Btw, what is this virus you carried with you that comes on post.
Face 'ur fears & tame 'ur greed
  • #778,584
  • Sep 27, 2023 2:17pm Sep 27, 2023 2:17pm
Quoting shakmoney
{quote} trying to hit stops
I'm holding a huge drawdown with TP at 1.21010. Hoping for it to ride down again.
Secret to the Price Action is Liquidity.
  • #778,585
  • Sep 27, 2023 2:18pm Sep 27, 2023 2:18pm
Quoting iusman23
What is making GU upwards?
Question is, will it hold two more days?

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD MN.png Size: 15 KB
  • #778,586
  • Sep 27, 2023 2:21pm Sep 27, 2023 2:21pm
just finished looking at 4H

it will signal a buy as long as can stay green...dont know about daily yet has to close above yesterdays low
short trump and go long the deepstate
  • #778,587
  • Sep 27, 2023 2:21pm Sep 27, 2023 2:21pm
Quoting TheWraith
{quote} Question is, will it hold two more days? {image}
So basically it bounced on the support, in short a retracement.
Secret to the Price Action is Liquidity.
  • #778,588
  • Sep 27, 2023 2:22pm Sep 27, 2023 2:22pm
Quoting iusman23
{quote} I'm holding a huge drawdown with TP at 1.21010. Hoping for it to ride down again.
Why you selling at lows?
  • #778,589
  • Sep 27, 2023 2:23pm Sep 27, 2023 2:23pm
There is Head and Shoulder pattern in formation on M1 chart on GBP. It is going down again. Get ready for impact.
Secret to the Price Action is Liquidity.
  • #778,590
  • Sep 27, 2023 2:24pm Sep 27, 2023 2:24pm
Quoting shakmoney
{quote} Why you selling at lows?
Just newbie things. I was supposed to buy. but pressed sell.
Secret to the Price Action is Liquidity.
  • #778,591
  • Sep 27, 2023 2:24pm Sep 27, 2023 2:24pm
Quoting iusman23
{quote} So basically it bounced on the support, in short a retracement.
Retracement, but could very well be a Reversal if this MN Support holds. If price falls below the Support in the next two days it's a Retracement, if it doesn't it's a Reversal (according to MN Chart).
  • #778,592
  • Sep 27, 2023 2:26pm Sep 27, 2023 2:26pm
The FSTE is on the rise again. This may also support the pound.
  • #778,593
  • Sep 27, 2023 2:27pm Sep 27, 2023 2:27pm
Quoting pipfarm
{quote} Double top or not it is not advisable to try and pre-empt it , price could blow through that top , let it come down and confirm the double top then short it. Look back at the chart , how many places are there where you could assume there was a double top formed and price blew through , come on guys common sense
I'm sure you know by now that taking a guess with hope&pray is WAY more prevalent in this thread than common sense.
To free Gazans of Hamas, use whatever it takes.
  • #778,594
  • Sep 27, 2023 2:27pm Sep 27, 2023 2:27pm
Quoting TheWraith
{quote} Retracement, but could very well be a Reversal if this MN Support holds. If price falls below the Support in the next two days it's a Retracement, if it doesn't it's a Reversal (according to MN Chart).
Next 2 days it will be bouncing on the support again and again. If it breaks we go below 1.20* and if it kept bouncing. GBP can change its direction.
Is it?
Secret to the Price Action is Liquidity.
  • #778,595
  • Sep 27, 2023 2:28pm Sep 27, 2023 2:28pm
Quoting pipfarm
{quote} Double top or not it is not advisable to try and pre-empt it , price could blow through that top , let it come down and confirm the double top then short it. Look back at the chart , how many places are there where you could assume there was a double top formed and price blew through , come on guys common sense
Still a good risk to reward -
1:2 chance, lose 1000 pips max against 2000 pips gain.
  • #778,596
  • Sep 27, 2023 2:42pm Sep 27, 2023 2:42pm
[quote=JereMi256;14594637]
Quoting dempire1
{quote} Moty is so funny. May he live long to finally get his sharp edge in the market and cut the MM by the throught. Btw, what is this virus you carried with you that comes on post.
What virus? I think I accidently deleted ] from first reply and it’s still dragging haha. FF programming
How to succeed in zero sum game?
  • #778,597
  • Sep 27, 2023 2:46pm Sep 27, 2023 2:46pm
Don’t reply to previous reply. Reply to this one and its fixed
How to succeed in zero sum game?
  • #778,598
  • Sep 27, 2023 2:51pm Sep 27, 2023 2:51pm
Quoting iusman23
{quote} Next 2 days it will be bouncing on the support again and again. If it breaks we go below 1.20* and if it kept bouncing. GBP can change its direction. Is it?
Exactly!
  • #778,599
  • Sep 27, 2023 2:52pm Sep 27, 2023 2:52pm
Quoting DrDave
{quote} I'm sure you know by now that taking a guess with hope&pray is WAY more prevalent in this thread than common sense.
LoL... hope and pray.

Today, our prayers have been answered and price stopped at 1.21.
  • #778,600
  • Sep 27, 2023 3:01pm Sep 27, 2023 3:01pm
Got another 200k funded acc with those sells I’m out for now
Master your mind. Master Trading.
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