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Cable Update (GBPUSD)

  • #453,941
  • Aug 4, 2017 8:13am Aug 4, 2017 8:13am
TP at 1.3075 or so for today hehe
Don't Worry Be Happy
  • #453,942
  • Aug 4, 2017 8:15am Aug 4, 2017 8:15am
Quoting MrPresident
TP at 1.3075 or so for today hehe
don't know if there is enough pressure to get past this level today
Don't Worry Be Happy
  • #453,943
  • Aug 4, 2017 8:16am Aug 4, 2017 8:16am
Quoting malcolmb14
{quote} So here is why the trade rhe bar to right vertical line ultra high volume up bar but market did not move much higher ... has to be sellers then far right of chart . Doji 2nd bar in then next bar an ultra high volume down bar with supply losing on lows exactly same area as the bar we saw next to the vertical sl line its hard to see the exact bar but it's the one right before news I confidently placed trade before the news ... professional money cannot hide {image}
Very interesting stuff
niemals aufgeben
  • #453,944
  • Aug 4, 2017 8:21am Aug 4, 2017 8:21am
Quoting MrPresident
{quote} don't know if there is enough pressure to get past this level today
Target is 1.3025 , but I have already exited, maybe too early...
  • #453,945
  • Aug 4, 2017 8:23am Aug 4, 2017 8:23am
I don't usually trade larger timeframe but there is a big bearish pattern on the H4 chart and this if playout can be devastating.... good weekend all !
  • #453,946
  • Aug 4, 2017 8:24am Aug 4, 2017 8:24am
Well I am firmly on sell side. TP 1.26ish, SL at BE 1.315ish

tweet from Aurelija Augulyte;

US real wages +1% pa while UK -1% pa. All said.

I am with her
  • #453,947
  • Aug 4, 2017 8:27am Aug 4, 2017 8:27am
Quoting cink
Well I am firmly on sell side. TP 1.26ish, SL at BE 1.315ish tweet from Aurelija Augulyte; US real wages +1% pa while UK -1% pa. All said. I am with her
I though it was too much hahahah my TP was 1.2820 region hahahah
  • #453,948
  • Aug 4, 2017 8:35am Aug 4, 2017 8:35am
Well, we were there at end of June, think we will be there in september
  • #453,949
  • Aug 4, 2017 8:36am Aug 4, 2017 8:36am
2480
  • #453,950
  • Aug 4, 2017 8:40am Aug 4, 2017 8:40am
Heres my first attachment, at 1.3078 region its reached a support zone
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDh1-cropped.png Size: 37 KB
  • #453,951
  • Aug 4, 2017 9:13am Aug 4, 2017 9:13am
hahah its falling like crazy
Don't Worry Be Happy
  • #453,952
  • Aug 4, 2017 9:21am Aug 4, 2017 9:21am
Quoting MrPresident
TP at 1.3075 or so for today hehe
Sweet good trading .. happy days
Blogging daily now at www.volume.zone
  • #453,953
  • Aug 4, 2017 9:23am Aug 4, 2017 9:23am
Quoting Trade-G
{quote} Yes it was the breakout of the bearish ledge, M5 bullish setup have to give way even thought it tried its best for the push PUSH..... Stopped out and turn short on this one with the breakout.... you are confident interesting method you have...

Every thing we we need to know is right in front of us like a book .

before we knew how to read books made no senses right . But if you follow my thread you will see I do these kind of calls day in and days out

professional money cannot hide . Their size 12 footprints are all over the charts
Blogging daily now at www.volume.zone
  • #453,954
  • Aug 4, 2017 10:10am Aug 4, 2017 10:10am
Quoting malcolmb14
{quote} Every thing we we need to know is right in front of us like a book . before we knew how to read books made no senses right . But if you follow my thread you will see I do these kind of calls day in and days out professional money cannot hide . Their size 12 footprints are all over the charts
I have followed u for just 2 days and I've made 200pips for the first time since I started trading. Thanks for your calls
  • #453,955
  • Aug 4, 2017 11:48am Aug 4, 2017 11:48am
Quoting prettyglori
{quote} I have followed u for just 2 days and I've made 200pips for the first time since I started trading. Thanks for your calls
Do not follow my calls I have no idea what I am doing lol .. it's beginners luck . I just started trading last week myself

on a serious not not hit my inbox with contact details and I can guide you to where I learnt . Learn how to trade and you will have $$$$$ for life ... all you need is laptop a d internet .

but happy happy you made some money
Blogging daily now at www.volume.zone
  • #453,956
  • Aug 4, 2017 12:00pm Aug 4, 2017 12:00pm
Quoting malcolmb14
{quote} Every thing we we need to know is right in front of us like a book . before we knew how to read books made no senses right . But if you follow my thread you will see I do these kind of calls day in and days out professional money cannot hide . Their size 12 footprints are all over the charts

So so back to the earlier discussion In the week .. the volume on the charts

it matter .. maybe it's tick volume on fx I have no idea.. but as you understand what it means relative to the candle spread and the close of the it's all that matters

I used to use rsi .. never made money ever not even one month .

used moving average cross over .. great way to lose money

the. I switched to volume profile that I never understood

the. Dr geppy showed me the light .. and here I am banging out trades day in day out .. fx , metals , indies futures , soybean , oil what r rr is moving that day .... does volume matter ... that and relative to pa are the only things that matter in trading everything else is designed for retail traders to lose money


the other thing that makes us lose money is ourselves ... find a system that you master ... stick to it master it .. stick to your rules . I am going through turmoil in my personal life right now and days my mind gets messed up are days I lose money as I do not follow my system ... now when I wake I always stop first and say .. how do I feel . Do I have peace of mind to focus . Did I get enough sleep . How is my state of mind . Then I settle in and traded

so many trader trade Asia ... if you make money then great . I never have .

The time to trade ad is London and us .

i wait for the first 30 min of London to finish , place the high and low and look for breakouts

below is dax opennrange high breakout .. and the vertical bar is the test I always talk about ... from there it went 100 pip ... that's normal for it is a beast
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_8823.PNG Size: 173 KB
Blogging daily now at www.volume.zone
  • #453,957
  • Aug 4, 2017 12:08pm Aug 4, 2017 12:08pm
Here is the open range gj one day this week in the gbp account killer day

we had first break out but NO test so it's not a buy but also not a sell as it never broke the low of the open range

the second breaks out we had a down bar ... this is not a test ... look at the wick of top of candle with high volume that was sellers ...

do for me the only two day I traded gbp this week Thursday and Friday .

traders think money is there to be made every day and maybe some make billions on those range days .. I never have . Some days you have to understand price is covsolidationg ... step back and look for clues what the professional money is up to

you think they get news wire what nfp numbers are the same way we do ? Lol no they know days in advance and position themselves accordingly .
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_8824.PNG Size: 217 KB
Blogging daily now at www.volume.zone
  • #453,958
  • Aug 4, 2017 12:36pm Aug 4, 2017 12:36pm
ABOUT THE IMPORTANCE OF MARKET GENERATED INFORMATION

I suggest to read this post as it is a textbook example about how to read market generated information and about the great edge you could have against your competitors if you are able to use them (MGI) in a correct way.

Best, L.
Ubi maior minor cessat
  • #453,959
  • Aug 4, 2017 12:42pm Aug 4, 2017 12:42pm
anddd i successfully removed my balls from that long with a pip.
  • #453,960
  • Aug 4, 2017 12:45pm Aug 4, 2017 12:45pm
Quoting malcolmb14
{quote} Do not follow my calls I have no idea what I am doing lol .. it's beginners luck . I just started trading last week myself on a serious not not hit my inbox with contact details and I can guide you to where I learnt . Learn how to trade and you will have $$$$$ for life ... all you need is laptop a d internet . but happy happy you made some money
I tried to send you a message but I wasn't allowed as I am a junior member.
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