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Cable Update (GBPUSD)

  • #481,861
  • Jun 20, 2019 7:24am Jun 20, 2019 7:24am
Quoting xristos2512
{quote} I would sujest to try swing trading scalping has many whipsaws
Don't like to hold trades overnight!
Don't trade what you think. Just what you see!!!
  • #481,862
  • Jun 20, 2019 7:28am Jun 20, 2019 7:28am
Quoting blackjacker
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.
Attached Image (click to enlarge)
Click to Enlarge Name: hourly.png Size: 15 KB
  • #481,863
  • Jun 20, 2019 7:39am Jun 20, 2019 7:39am
Quoting blackjacker
{quote} On the other hand hourly might not get below EMA26 in the foreseeable future. {image}
blue line is 26 and and red 14?
  • #481,864
  • Jun 20, 2019 7:40am Jun 20, 2019 7:40am
Quoting xristos2512
{quote} blue line is 26 and and red 14?
Correct, I probably have to explain more.
  • #481,865
  • Jun 20, 2019 7:50am Jun 20, 2019 7:50am
Loss trade.
Order #1 -15 pips
Order #2 -15 pips
Order #3 -15 pips
--------------------------- +
Total loss -45 pips
Attached Image (click to enlarge)
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  • #481,866
  • Jun 20, 2019 7:55am Jun 20, 2019 7:55am
Quoting blackjacker
{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
  • #481,867
  • Jun 20, 2019 8:02am Jun 20, 2019 8:02am
Quoting Gerozepin
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!
Don't trade what you think. Just what you see!!!
  • #481,868
  • Jun 20, 2019 8:07am Jun 20, 2019 8:07am
Quoting Theoak
{quote} Its like that sometimes; it never rains it pours!
Agree, there is no perfect system.
New pending order.
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  • #481,869
  • Jun 20, 2019 8:09am Jun 20, 2019 8:09am
Quoting xristos2512
{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.
  • #481,870
  • Jun 20, 2019 8:29am Jun 20, 2019 8:29am
Quoting blackjacker
{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!!!
Don't trade what you think. Just what you see!!!
  • #481,871
  • Jun 20, 2019 8:36am Jun 20, 2019 8:36am
Quoting Theoak
{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.
  • #481,872
  • Jun 20, 2019 9:22am Jun 20, 2019 9:22am
15m
Attached Image (click to enlarge)
Click to Enlarge Name: GU 15m.png Size: 30 KB
yes yes yes
  • #481,873
  • Jun 20, 2019 9:27am Jun 20, 2019 9:27am
Attached Image (click to enlarge)
Click to Enlarge Name: 00GBPUSD-1-hours.png Size: 34 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #481,874
  • Jun 20, 2019 9:41am Jun 20, 2019 9:41am
Quoting Moty
15m {image}
this time i doubts, its broken the channels and going in upward trend... difficult to save your shorts on 1.26...
follow the flow of music $
  • #481,875
  • Jun 20, 2019 10:00am Jun 20, 2019 10:00am
Quoting Theoak
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!!!!
Don't trade what you think. Just what you see!!!
  • #481,876
  • Jun 20, 2019 10:04am Jun 20, 2019 10:04am
Quoting Theoak
{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)
Don't trade what you think. Just what you see!!!
  • #481,877
  • Jun 20, 2019 10:05am Jun 20, 2019 10:05am
now it is hourly and 4hr resistance.

Intraday only.
  • #481,878
  • Jun 20, 2019 10:10am Jun 20, 2019 10:10am
Quoting navk
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
  • #481,879
  • Jun 20, 2019 10:18am Jun 20, 2019 10:18am
any new updates team...its still holding 1.2700
follow the flow of music $
  • #481,880
  • Jun 20, 2019 10:18am Jun 20, 2019 10:18am
Quoting Theoak
{quote} I think this might start going up now! Just put a long on the EURO. lets wait and see!!!!
Carney is going to pour over GBP again in a few hours.
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