The short term liquidity grab caught breakout buyers above the range and took out stops, setting up for a push downwards if the market fails to break below 1.37390 my buy confidence will increase because that means there aren't enough sellers to ...

Cable Update (GBPUSD)

Changing bias constantly is the fastest to lose money.

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For new traders, I advice you experience trading first and build an identity as a trader. You strategy is your identity it doesn't have to be unique but it has to be tailored to you and your character. Copying and pasting won't help you.

Cable Update (GBPUSD)

That's good, once i have a bias i stick to it, unless my trading strategy shows me I'm wrong, it doesn't matter how other people are trading. We don't have to trade the same way to make money in the markets.

Cable Update (GBPUSD)

September 2021 Forecast High 1.38963 Low 1.33238 Bias: Bearish.

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Setting up longs, have a long open on the break of the 15 range. have entries at the bottom as well

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Buy option 1 : Buys at the breaking and close above the range Buy option 2: Buys if price retraces downwards but fails to break and close below 1.37397

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Buys are best taken below the opening price.

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The new month candle is like to start bullish to create the monthly wick for a move downwards, The daily chart looks bullish, todays candle is indecisive so assume the bulls are in control based off of the last few days.

Cable Update (GBPUSD)

My advice is secure some profit BTC has already tested 46700 and rejected it, the current 1hr candle is going to close bullish setting up a move upwards, respecting the 4h range. Bitcoin will likely have to retest 49000 - 50 000at least before it ...

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Cable only bro. But i doubt BTC will go below 46 000

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Buys are set.

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You are gambling

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I read this immediately and thought Mark Douglas even before i got to the end. lol

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Start with 0.02 and learn how to many trades, taking half off and having different targets. a 0.01 lot is bad even for a beginner.

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Reversal after a long dat of selling is a bad a idea

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Short term Buy

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Also took shorts just beneath that level, looks likely to be bearish atleast for the remainder of the day, Managing risk appropriately

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Makes sense, we'll see.

Cable Update (GBPUSD)