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-   -   Cable Update (GBPUSD) (https://www.forexfactory.com/showthread.php?t=10378)

blackjacker Jun 20, 2019 10:22am | Post# 481861

1 Attachment(s)
4H with fibo retrace and expand. Many open close levels and fibos coincide.
Click to Enlarge

Name: 4hrs.png
Size: 90 KB

Theoak Jun 20, 2019 10:24am | Post# 481862

{quote} I would sujest to try swing trading scalping has many whipsaws
Don't like to hold trades overnight!

blackjacker Jun 20, 2019 10:28am | Post# 481863

1 Attachment(s)
4H with fibo retrace and expand. Many open close levels and fibos coincide. {image}
On the other hand hourly might not get below EMA26 in the foreseeable future.
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Name: hourly.png
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xristos2512 Jun 20, 2019 10:39am | Post# 481864

{quote} On the other hand hourly might not get below EMA26 in the foreseeable future. {image}
blue line is 26 and and red 14?

blackjacker Jun 20, 2019 10:40am | Post# 481865

{quote} blue line is 26 and and red 14?
Correct, I probably have to explain more.

Gerozepin Jun 20, 2019 10:50am | Post# 481866

1 Attachment(s)
Loss trade.
Order #1 -15 pips
Order #2 -15 pips
Order #3 -15 pips
--------------------------- +
Total loss -45 pips
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Name: FBS Trader 4s.png
Size: 11 KB

xristos2512 Jun 20, 2019 10:55am | Post# 481867

{quote} Correct, I probably have to explain more.
always at bigger timeframes 4h and especially daily
i follow the strategy
when price break ema 26 up from below (it broke the same way the faster eg 14 ema) --->buy
if price break ema 26 down from above (it broke the same way the faster eg 14 ema) --->sell
in 1 hour i will sell if price break down from above with smaller taget of profit

Theoak Jun 20, 2019 11:02am | Post# 481868

Loss trade. Order #1 -15 pips Order #2 -15 pips Order #3 -15 pips --------------------------- + Total loss -45 pips {image}
Its like that sometimes; it never rains it pours!

Gerozepin Jun 20, 2019 11:07am | Post# 481869

1 Attachment(s)
{quote} Its like that sometimes; it never rains it pours!
Agree, there is no perfect system.
New pending order.
Click to Enlarge

Name: FBS Trader 4.png
Size: 123 KB

blackjacker Jun 20, 2019 11:09am | Post# 481870

{quote} always at bigger timeframes 4h and especially daily i follow the strategy when price break ema 26 up from below (it broke the same way the faster eg 14 ema) --->buy if price break ema 26 down from above (it broke the same way the faster eg 14 ema) --->sell in 1 hour i will sell if price break down from above with smaller taget of profit
Good strategy. I am holding longs but am mostly scalping based on EMAs- 15m, 1H. My current longs started as a bad scalp which I transformed into longterm.

Theoak Jun 20, 2019 11:29am | Post# 481871

{quote} Good strategy. I am holding longs but am mostly scalping based on EMAs- 15m, 1H. My current longs started as a bad scalp which I transformed into longterm.
You must be smashing this!!!!! If you've been scalping!!!

blackjacker Jun 20, 2019 11:36am | Post# 481872

{quote} You must be smashing this!!!!! If you've been scalping!!!
Not too bad for now, but even scalping I put small percentage into action. Later helps me reverse or add more so as to avoid closing losses if I enter a poor scalp.

Moty Jun 20, 2019 12:22pm | Post# 481873

1 Attachment(s)
15m
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Name: GU 15m.png
Size: 30 KB

Bones Jun 20, 2019 12:27pm | Post# 481874

1 Attachment(s)
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Name: 00GBPUSD-1-hours.png
Size: 34 KB

ganam Jun 20, 2019 12:41pm | Post# 481875

15m {image}
this time i doubts, its broken the channels and going in upward trend... difficult to save your shorts on 1.26...

Theoak Jun 20, 2019 1:00pm | Post# 481876

Well I'm going to have another pop long (1.2682) trying to hit target 1.2757,,,, I think we might be past Carney time!!!
I think this might start going up now! Just put a long on the EURO. lets wait and see!!!!

Theoak Jun 20, 2019 1:04pm | Post# 481877

{quote} I think this might start going up now! Just put a long on the EURO. lets wait and see!!!!
Half loaded these now. Going to leave the rest to run (or not to run)

navk Jun 20, 2019 1:05pm | Post# 481878

now it is hourly and 4hr resistance.


Dingoman-two Jun 20, 2019 1:10pm | Post# 481879

now it is hourly and 4hr resistance.

Here is something of interest folks

Ultimate Scalping & Market Profile

https://www.forexfactory.com/showthread.php?t=925886

ganam Jun 20, 2019 1:18pm | Post# 481880

any new updates team...its still holding 1.2700


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