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Cable Update (GBPUSD)

  • #482,001
  • Jun 21, 2019 6:32am Jun 21, 2019 6:32am
Quoting Dingoman-two
{quote} YOU CAN DO BETTER MY FRIEND, IF YOU CAN FIND A WAY THAT WORKS FOR YOU. TRY STUDYING THE CHART PATTERN IN CONJUNCTION WITH THE FIBS. {image}
Cheers Dingo. I still looking into Fibs as we both agree they pop up ever where and it makes perfect sense as it is fundamentally growth. I will put more effort into this, but I lack experience. I have seen vid regarding retracements, but its hard without the experience as a lot of these vids are not always correct!
Don't trade what you think. Just what you see!!!
  • #482,002
  • Jun 21, 2019 6:33am Jun 21, 2019 6:33am
dont leave open trades for weekend maybe burn your accounts
  • #482,003
  • Jun 21, 2019 6:35am Jun 21, 2019 6:35am
Quoting Moty
Out again at daily s1 . Another 20 pips to the collection I am trying a little long , it can still be an abc correction {image}
Good position, dont forget SL. 10 pips below the low is enough.
  • #482,004
  • Jun 21, 2019 6:35am Jun 21, 2019 6:35am
henceforth I will just follow daily support, resistance only in my trading. no reversal trading.

no..no...

I missed a fantastic short opportunity today which If I had followed my system.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 38 KB
Intraday only.
  • #482,005
  • Jun 21, 2019 6:42am Jun 21, 2019 6:42am
Quoting Theoak
{quote} Cheers Dingo. I still looking into Fibs as we both agree they pop up ever where and it makes perfect sense as it is fundamentally growth. I will put more effort into this, but I lack experience. I have seen vid regarding retracements, but its hard without the experience as a lot of these vids are not always correct!

WHEN YOU CAN MASTER THESE FIBS YOU WILL NOT CARE ABOUT ANYTHING ELSE,

THE NEWS IS BULLISHT, AS IS MOST OTHER STUFF, THE MARKET HAS PREDETERMINED TARGETS AND THEY ARE THE SAME ALL THE PUKEN TIME,

THE LOWER TIME FRAMES ARE GOOD FOR THE EXPERIENCED SCALPER, BUT THE HIGHER TIME FRAMES IS WERE THE REAL $$$ GAINS CAN BE FOUND.

TRY AND LEARN YOUR LEVELS FOLKS.

  • #482,006
  • Jun 21, 2019 6:43am Jun 21, 2019 6:43am
Quoting Coreg2004
{quote} Perfect hourly chart , it seems that you are the best (seeing everything clearly on the chart) when you are under water...hopefully we won't see expended flat correction and it will go your way. As always, good luck and stick to your plan. {image} {image}
Minimum target of 38.2% retracement, abc pattern and 100% ATR(14) for today has been achieved, now is decision time, what next?
Attached Image (click to enlarge)
Click to Enlarge Name: GU06.21.1H.PNG Size: 84 KB
Always trade your own plan...I don't provide trading signals.
  • #482,007
  • Jun 21, 2019 6:50am Jun 21, 2019 6:50am
Quoting Dingoman-two
{quote} WHEN YOU CAN MASTER THESE FIBS YOU WILL NOT CARE ABOUT ANYTHING ELSE, THE NEWS IS BULLISHT, AS IS MOST OTHER STUFF, THE MARKET HAS PREDETERMINED TARGETS AND THEY ARE THE SAME ALL THE PUKEN TIME, THE LOWER TIME FRAMES ARE GOOD FOR THE EXPERIENCED SCALPER, BUT THE HIGHER TIME FRAMES IS WERE THE REAL $$$ GAINS CAN BE FOUND. TRY AND LEARN YOUR LEVELS FOLKS. ...
I can see what you have done with the chart you have posted. Is that it or do you do it over multiple timeframes i.e say a week, month etc
Don't trade what you think. Just what you see!!!
  • #482,008
  • Jun 21, 2019 6:55am Jun 21, 2019 6:55am
Quoting Theoak
{quote} I can see what you have done with the chart you have posted. Is that it or do you do it over multiple timeframes i.e say a week, month etc

I FOCUS ON ALL TIME FRAMES AT AND ABOVE THE HOURLY, PLEASE SEE ATTACHED,
edit i also use the 15 min chart for entry sometimes
https://www.forexfactory.com/showthr...1#post12342931
  • #482,009
  • Jun 21, 2019 7:02am Jun 21, 2019 7:02am
Quoting Dingoman-two
{quote} That worked out as good as I think I can do NEVER STOP TRYING TO LEARN MORE MY FRIEND
Cheers Dingo.I've not got MT4, so I can't use it.. I'll start experimenting and see if I can work it out. Many thanks
Don't trade what you think. Just what you see!!!
  • #482,010
  • Jun 21, 2019 7:09am Jun 21, 2019 7:09am
Quoting Moty
Out again at daily s1 . Another 20 pips to the collection I am trying a little long , it can still be an abc correction {image}
SL @ BE, when candle below EMA 26 close it.
  • #482,011
  • Jun 21, 2019 7:13am Jun 21, 2019 7:13am
Quoting Theoak
{quote} I think this might have another 10 pips in her back in short with small lot 1.2647
added to short in at 1.2660 try for previous low then as per above
Don't trade what you think. Just what you see!!!
  • #482,012
  • Jun 21, 2019 7:21am Jun 21, 2019 7:21am
i just did that short and close in 1 min chart.

now hourly support forming.

Let us see what 9 am candle does.

EST
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM1.png Size: 22 KB
Intraday only.
  • #482,013
  • Jun 21, 2019 7:24am Jun 21, 2019 7:24am
Quoting Dingoman-two
{quote} WHEN YOU CAN MASTER THESE FIBS YOU WILL NOT CARE ABOUT ANYTHING ELSE, THE NEWS IS BULLISHT, AS IS MOST OTHER STUFF, THE MARKET HAS PREDETERMINED TARGETS AND THEY ARE THE SAME ALL THE PUKEN TIME, THE LOWER TIME FRAMES ARE GOOD FOR THE EXPERIENCED SCALPER, BUT THE HIGHER TIME FRAMES IS WERE THE REAL $$$ GAINS CAN BE FOUND. TRY AND LEARN YOUR LEVELS FOLKS. ...
Staring at the charts long enough you realize ALL of the above.

Green pips to all.

Guz
Charts don't drive price, market conditions drive price...
  • #482,014
  • Jun 21, 2019 7:26am Jun 21, 2019 7:26am
there is US bulls
follow the flow of music $
  • #482,015
  • Jun 21, 2019 7:26am Jun 21, 2019 7:26am
Look at this 4hr chart.

2708 was short.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 43 KB
Intraday only.
  • #482,016
  • Jun 21, 2019 7:30am Jun 21, 2019 7:30am
H4 EMA still hold. This is ZOO area. Bear and bull fighting.
  • #482,017
  • Jun 21, 2019 7:33am Jun 21, 2019 7:33am
O.k from now it's 20 pips per trade ,. Tp and sl .
Attached Image(s) (click to enlarge)
Click to Enlarge Name: New Doc 2019-06-21 15.30.27_1.jpg Size: 92 KB
Click to Enlarge Name: New Doc 2019-06-21 15.36.21_1.jpg Size: 142 KB
yes yes yes
  • #482,018
  • Jun 21, 2019 7:40am Jun 21, 2019 7:40am
Quoting navk
henceforth I will just follow daily support, resistance only in my trading. no reversal trading. no..no... I missed a fantastic short opportunity today which If I had followed my system. {image}
I understand you have several trading systems. I have too. Let me say that even daily support and resistance (price action) can fail.

Please keep all of your systems and work on how to identify the current mood/phase of the market so you can apply the most appropriate system.

Trade well.
when you can accurately predict the future, you leave nothing to chance.
  • #482,019
  • Jun 21, 2019 7:46am Jun 21, 2019 7:46am
I shorted the london opening + 14 pips.
Im not trading,rest for weekend,
If i would, I would sell the pair because price broke 14 ema too after the 26 ema in daily,
dont leave open trades,
enjoy weekend

Attached Image (click to enlarge)
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  • #482,020
  • Jun 21, 2019 7:54am Jun 21, 2019 7:54am
Quoting zizoo
{quote} I understand you have several trading systems. I have too. Let me say that even daily support and resistance (price action) can fail. Please keep all of your systems and work on how to identify the current mood/phase of the market so you can apply the most appropriate system. Trade well.
i am posting few 15 m charts with daily support and resistance.

it shows entry and exit ( ? )
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURAUDM15.png Size: 51 KB
Click to Enlarge Name: EURJPYM15.png Size: 64 KB
Click to Enlarge Name: GBPJPYM15.png Size: 49 KB
Click to Enlarge Name: GBPUSDM15.png Size: 43 KB
Click to Enlarge Name: XAUUSDM15.png Size: 64 KB
Intraday only.
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