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Cable Update (GBPUSD)

  • #462,661
  • Jul 23, 2018 4:25am Jul 23, 2018 4:25am
Quoting akim0895
{quote} just scalps to kill some time waiting mate,only 1lot.. target test 3155 n trigger my pending shorts there also must respect big bulls chandle on daily(friday close).. that i still beware for bears run today..
That big bull move from Friday hides something fishy ... I am a little upset on myself I did not took a buy as the upper move was clear ... all the steps were very narrow and sell killer, no comeback option of the price. Maybe next time...
  • #462,662
  • Jul 23, 2018 4:32am Jul 23, 2018 4:32am
Quoting aa4fx
{quote} That big bull move from Friday hides something fishy ... I am a little upset on myself I did not took a buy as the upper move was clear ... all the steps were very narrow and sell killer, no comeback option of the price. Maybe next time...
there always be another days mate,don’t worry..
just for a cup of coffee...
  • #462,663
  • Jul 23, 2018 4:33am Jul 23, 2018 4:33am
The pair has recovered from Friday and entre correction mood, immediate resistance can be found at 1.3155, and on the downside, support level at 1.3100 and followed by 1.3000 psychological thresholds.
  • #462,664
  • Jul 23, 2018 4:42am Jul 23, 2018 4:42am
With latest Brexit proposal has been rejected by EU leaders in Brussels, traders await new Brexit headline while GBP/Usd steady around 1.31. Immediate resistance can be found at 1.3155, the pair will be expected to hold near it for the short term.
  • #462,665
  • Jul 23, 2018 4:49am Jul 23, 2018 4:49am
You are confusing issues mate! Market analysis is about probabilities.

Trade safe and prosper.

KP

Quoting navk
{quote} I stopped predicting price action. I am trying not to place atop loss. Most of times i do not. Sometimes yes. I just use fibo lines and risk management.
Do your homework, follow the footprints of smart money
  • #462,666
  • Jul 23, 2018 5:13am Jul 23, 2018 5:13am
two pending sell set @ 3141/74 while I'll be away
  • #462,667
  • Jul 23, 2018 5:39am Jul 23, 2018 5:39am
Quoting akim0895
{quote} just scalps to kill some time waiting mate,only 1lot.. target test 3155 n trigger my pending shorts there also must respect big bulls chandle on daily(friday close).. that i still beware for bears to run today..
sL set at bE..
just for a cup of coffee...
  • #462,668
  • Jul 23, 2018 5:58am Jul 23, 2018 5:58am
Expecting cable to close with a probability of 52% and expecting to hit last trading day's 50% fib range with 54%.
this is based on latest machine learning algos that i have been working on.
  • #462,669
  • Jul 23, 2018 6:09am Jul 23, 2018 6:09am
Quoting akim0895
{quote} sL set at bE..
stop +10
that why i really doubtful about bears run for today
just for a cup of coffee...
  • #462,670
  • Jul 23, 2018 6:28am Jul 23, 2018 6:28am
Quoting aa4fx
two pending sell set @ 3141/74 while I'll be away
3140 is on, the other one removed ... it can go down now
  • #462,671
  • Jul 23, 2018 7:31am Jul 23, 2018 7:31am
This is not an appropriate place and forum to talk, but I am extremely happy today as I won a battle in a property case. Along with the win I won GU long too a huge. Ha..ha..

No trading today as my sell limits in GU are in place.
Intraday only.
  • #462,672
  • Jul 23, 2018 8:04am Jul 23, 2018 8:04am
Quoting navk
This is not an appropriate place and forum to talk, but I am extremely happy today as I won a battle in a property case. Along with the win I won GU long too a huge. Ha..ha.. No trading today as my sell limits in GU are in place.
congrats mate
just for a cup of coffee...
  • #462,673
  • Jul 23, 2018 8:14am Jul 23, 2018 8:14am
Quoting aa4fx
{quote} 3140 is on, the other one removed ... it can go down now
this is out @ 3124, still a few in there remains
the 3117 is the the point of no more come back

sold 3125 ...
  • #462,674
  • Jul 23, 2018 8:35am Jul 23, 2018 8:35am
Attached Image (click to enlarge)
Click to Enlarge Name: GBP.USD.TRADE.jpg Size: 70 KB
to err is human
  • #462,675
  • Jul 23, 2018 8:43am Jul 23, 2018 8:43am
Quoting aa4fx
{quote} this is out @ 3124, still a few in there remains the 3117 is the the point of no more come back sold 3125 ...
it is now @ 3117 ... I feel like going on a cat & mouse game, but not with the money...

out @ 3115
  • #462,676
  • Jul 23, 2018 9:13am Jul 23, 2018 9:13am
Quoting aa4fx
{quote} it is now @ 3117 ... I feel like going on a cat & mouse game, but not with the money... out @ 3115
Can understand, the move is so painfully slow
  • #462,677
  • Jul 23, 2018 9:18am Jul 23, 2018 9:18am
Quoting Trade-G
{quote} Can understand, the move is so painfully slow
yep, it is not funny to see the money in / out, ... better take them and go next, even if it will go in the right direction later.
  • #462,678
  • Jul 23, 2018 9:23am Jul 23, 2018 9:23am
Quoting aa4fx
{quote} yep, it is not funny to see the money in / out, ... better take them and go next, even if it will go in the right direction later.
It must be a discretionary trade you have there? otherwise you should be holding out with SL. My target is at 1.3090 region, I just close also have a scratch win going to bed... good night.
  • #462,679
  • Jul 23, 2018 9:25am Jul 23, 2018 9:25am
Waiting for better setups.... later
  • #462,680
  • Jul 23, 2018 9:29am Jul 23, 2018 9:29am
Quoting Trade-G
{quote} It must be a discretionary trade you have there? otherwise you should be holding out with SL. My target is at 1.3090 region, I just close also have a scratch win going to bed... good night.
I already have 3 short open since Friday (3100, 3067, 3041) ... don't really want to stay loaded with extra, all bad to good.

waiting for a 3134 to happen and this could stay more on, profitable
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