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Cable Update (GBPUSD)

  • #479,621
  • Jun 3, 2019 2:39am Jun 3, 2019 2:39am
Quoting Theoak
{quote} LETS GO https://www.youtube.com/watch?v=kdih7kjmQJw
Hitting resistance now - stop to break even - next target 1.2630

Resistance is futile
Don't trade what you think. Just what you see!!!
  • #479,622
  • Jun 3, 2019 2:39am Jun 3, 2019 2:39am
Dx is warming up
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2019-06-03 12.38.05_1.jpg Size: 90 KB
yes yes yes
  • #479,623
  • Jun 3, 2019 3:02am Jun 3, 2019 3:02am
Quoting Theoak
{quote} Hitting resistance now - stop to break even - next target 1.2630 Resistance is futile
2nd lot busted Break even
Don't trade what you think. Just what you see!!!
  • #479,624
  • Jun 3, 2019 3:02am Jun 3, 2019 3:02am
Quoting Moty
Dx is warming up {image}
It is obvious you are selling which is in tandem with the trend of last four weeks, but you should be mindful that bearish trend has/will likely bottom at 1.2545/57 region and a bullish run to 1.2860 is imminent in coming days. At least you have set a stop loss this time around. Do stay green always.
Data + Stat + Risk/Emotions Management
  • #479,625
  • Jun 3, 2019 3:07am Jun 3, 2019 3:07am
s
Quoting Georginson
{quote} It is obvious you are selling which is in tandem with the trend of last four weeks, but you should be mindful that bearish trend has/will likely bottom at 1.2545/57 region and a bullish run to 1.2860 is imminent in coming days. At least you have set a stop loss this time around. Do stay green always.
What happens if it breaks lows?
Don't trade what you think. Just what you see!!!
  • #479,626
  • Jun 3, 2019 3:11am Jun 3, 2019 3:11am
Quoting Theoak
s {quote} What happens if it breaks lows?
Pardon I think what he means there is more chances of an upside then a downside.
which is true,
we might be seeing a bottom, who knows ?
  • #479,627
  • Jun 3, 2019 3:12am Jun 3, 2019 3:12am
Quoting Georginson
{quote} It is obvious you are selling which is in tandem with the trend of last four weeks, but you should be mindful that bearish trend has/will likely bottom at 1.2545/57 region and a bullish run to 1.2860 is imminent in coming days. At least you have set a stop loss this time around. Do stay green always.
Show proof when you are saying "imminent in coming days".
  • #479,628
  • Jun 3, 2019 3:19am Jun 3, 2019 3:19am
shorting now for 1.26 retest
  • #479,629
  • Jun 3, 2019 3:19am Jun 3, 2019 3:19am
Quoting Zonny
{quote} Pardon I think what he means there is more chances of an upside then a downside. which is true, we might be seeing a bottom, who knows ?
I agree totally with you!! I can see this upward momentum. I feel more safer trading short!!
Don't trade what you think. Just what you see!!!
  • #479,630
  • Jun 3, 2019 3:24am Jun 3, 2019 3:24am
Quoting Zonny
{quote} Pardon I think what he means there is more chances of an upside then a downside. which is true, we might be seeing a bottom, who knows ?
You understood it perfectly.
Data + Stat + Risk/Emotions Management
  • #479,631
  • Edited 3:58am Jun 3, 2019 3:27am | Edited 3:58am
Hello
Buying GBPUSD (3.06.19)
The indicators allow to work both sides, but I am looking for “buy” situation only.
All I am waiting for right now is an arrow signal “Buy”
http://prntscr.com/nwxq01
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2.png Size: 34 KB
  • #479,632
  • Jun 3, 2019 3:50am Jun 3, 2019 3:50am
Quoting blackjacker
{quote} Show proof when you are saying "imminent in coming days".
Sample A: 26/07/2018 (High 1.3212) - (1.2661 Low) 15/08/2018 = 551 pips Range Down, Followed by 1.3042 High of 30/09/2018 being 381 pips upward rebound.

Sample B: 12/10/2018 (High 1.3257) - (1.2690 Low) 30/10/2018 = 567 pips Range Down, Followed by 1.3174 High of 07/11/2019 Being 484 pips upward rebound.

Sample C: 14/11/2018 ( High 1.3071) - (1.2427 Low) 12/12/2018 = 596 Pips Range Down, Followed By 1.2813 High of 31/12/2018 being 338 Pips upward rebound.

Sample D: 03/05/2019 (High 1.3175) - (1.2557 Low) 31/05/2019 = 618 Pips Range Down, To be followed By at Least 300 Pips Upward rebound to 1.2860.
Data + Stat + Risk/Emotions Management
  • #479,633
  • Jun 3, 2019 3:52am Jun 3, 2019 3:52am
Quoting Georginson
{quote} Sample A: 26/07/2018 (High 1.3212) - (1.2661 Low) 15/08/2018 = 551 pips Range Down, Followed by 1.3042 High of 30/09/2018 being 381 pips upward rebound. Sample B: 12/10/2018 (High 1.3257) - (1.2690 Low) 30/10/2018 = 567 pips Range Down, Followed by 1.3174 High of 07/11/2019 Being 484 pips upward rebound. Sample C: 14/11/2018 ( High 1.3071) - (1.2427 Low) 12/12/2018 = 596 Pips Range Down, Followed By 1.2813 High of 31/12/2018 being 338 Pips upward rebound. Sample D: 03/05/2019 (High 1.3175) - (1.2557 Low) 31/05/2019 = 618 Pips Range Down,...

LOL
  • #479,634
  • Jun 3, 2019 4:00am Jun 3, 2019 4:00am
Quoting blackjacker
{quote} LOL
Great 'LOL' you have got here.
Data + Stat + Risk/Emotions Management
  • #479,635
  • Jun 3, 2019 4:00am Jun 3, 2019 4:00am
When left shoulder height is broken , uselly price goes to the head .
Head price is 1.23800 , and i mean , the head of the invert h&s on the weekly chart.
Price broke below , then gone up back above the left shoulder height, and then gonedown again and broke it .
Now we are at that level and it seem that the gu can't break it.
So the right move is short with a sl above 1.26070
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2019-06-03 13.53.36_1(2).jpg Size: 125 KB
yes yes yes
  • #479,636
  • Jun 3, 2019 4:01am Jun 3, 2019 4:01am
I have mixed signals on different TFs, waiting for the US to wake up for my next trade and particularly ISM data.
  • #479,637
  • Jun 3, 2019 4:07am Jun 3, 2019 4:07am
SHORTED –1.2644 TARGET – Break resistance a few pips below and we’ll have some fun
Resistance is futile
Don't trade what you think. Just what you see!!!
  • #479,638
  • Jun 3, 2019 4:09am Jun 3, 2019 4:09am
Quoting Georginson
{quote} Sample A: 26/07/2018 (High 1.3212) - (1.2661 Low) 15/08/2018 = 551 pips Range Down, Followed by 1.3042 High of 30/09/2018 being 381 pips upward rebound. Sample B: 12/10/2018 (High 1.3257) - (1.2690 Low) 30/10/2018 = 567 pips Range Down, Followed by 1.3174 High of 07/11/2019 Being 484 pips upward rebound. Sample C: 14/11/2018 ( High 1.3071) - (1.2427 Low) 12/12/2018 = 596 Pips Range Down, Followed By 1.2813 High of 31/12/2018 being 338 Pips upward rebound. Sample D: 03/05/2019 (High 1.3175) - (1.2557 Low) 31/05/2019 = 618 Pips Range Down,...

Great work – I'm not disagreeing with what you are say. I just feel more comfortable in what I’m doing going short. Good job. And you could be right this might be the bottom.
Don't trade what you think. Just what you see!!!
  • #479,639
  • Jun 3, 2019 4:11am Jun 3, 2019 4:11am
Quoting Moty
When left shoulder height is broken , uselly price goes to the head . Head price is 1.23800 , and i mean , the head of the invert h&s on the weekly chart. Price broke below , then gone up back above the left shoulder height, and then gonedown again and broke it . Now we are at that level and it seem that the gu can't break it. So the right move is short with a sl above 1.26070 {image}
Stop loss? 2607?
Its all about Timing!!!
  • #479,640
  • Jun 3, 2019 4:16am Jun 3, 2019 4:16am
Down start now. Tp 1.2550
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