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Cable Update (GBPUSD)

Quoting xristos2512
{quote} I would sujest to try swing trading scalping has many whipsaws
Don't like to hold trades overnight!
Play it by beer!!!
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.
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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?
Quoting xristos2512
{quote} blue line is 26 and and red 14?
Correct, I probably have to explain more.
Loss trade.
Order #1 -15 pips
Order #2 -15 pips
Order #3 -15 pips
--------------------------- +
Total loss -45 pips
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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
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!
Play it by beer!!!
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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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.
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!!!
Play it by beer!!!
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.
15m
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don't try to tell the market where to go , let him tell you
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Internet + Demo = Expert
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 $
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!!!!
Play it by beer!!!
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)
Play it by beer!!!
now it is hourly and 4hr resistance.

Intra day only.
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
"As always trade wisely folks,And then with Patience,time will reveal all"
any new updates team...its still holding 1.2700
follow the flow of music $
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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