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Cable Update (GBPUSD)

  • #484,881
  • Jul 15, 2019 10:30am Jul 15, 2019 10:30am
Quoting DailyChart
Human feel superior when pound break high in last 2 week but in another next week we see pound make lower low again What you are see in the chart is a very subjective things in the market The way you are maintain the right mindset and attitude is the greatest tool for trading Nobody is right or wrong in this market,never ever think we are good or very good in this market .. because when we we think we are better than others then the market will punish us sooner or later This is how the market works and how the game plays It is a trap game..and the...
Price Pull from current daily seller zones to nearterm buyer zones,very close ...
  • #484,882
  • Jul 15, 2019 10:37am Jul 15, 2019 10:37am
It is not going up from here... 80% of retail traders are long so guess what?
  • #484,883
  • Jul 15, 2019 10:42am Jul 15, 2019 10:42am
Another fighting,
Buyer Zone area.. Let's see who will win today,
If no break in this H1, i will buy..
  • #484,884
  • Jul 15, 2019 10:47am Jul 15, 2019 10:47am
Quoting navk
the whole thread was crying for long to see 1.2600 or above when asia opened. It was a gap down today and my system showed daily resistance. shorting was my idea. However, weekly is buy mode. I now look to daily support, until then only short.
When someone is right I have to give him a credit. Mine system was giving shorts (with targets at more or less, the present lvl), but have longs and seem to me abnormal to take opposite trades (and must admit that when my consensus is long, often I skip short trades)
  • #484,885
  • Jul 15, 2019 10:51am Jul 15, 2019 10:51am
Quoting Robst3r
It is not going up from here... 80% of retail traders are long so guess what?

Bet your house on it.
  • #484,886
  • Jul 15, 2019 10:53am Jul 15, 2019 10:53am
Quoting jololow
{quote} forgive me, im new here in the business, does that mean that based ur style its going up from here? TIA
I made a mistake.
I didn't take i consideration the abc correction
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2019-07-15 18.50.42_1.jpg Size: 145 KB
yes yes yes
  • #484,887
  • Jul 15, 2019 10:57am Jul 15, 2019 10:57am
Quoting Moty
{quote} I made a mistake. I didn't take i consideration the abc correction {image}
1.2508 still stand up ( H4 Kijun Sen)
A lot of buyer there,
Let see how daily close today,
  • #484,888
  • Jul 15, 2019 10:58am Jul 15, 2019 10:58am
Attached Image (click to enlarge)
Click to Enlarge Name: SAMA234.png Size: 50 KB
The Average Discount Everything
  • #484,889
  • Jul 15, 2019 11:22am Jul 15, 2019 11:22am
Quoting mbrown
{quote} Bet your house on it.
Charts don't drive price, market conditions drive price...
  • #484,890
  • Jul 15, 2019 11:53am Jul 15, 2019 11:53am
Quoting viankoko88
{quote} 1.2508 still stand up ( H4 Kijun Sen) A lot of buyer there, Let see how daily close today,
GBPJPY break again lower and lower,
Bad alarm for Cable,
  • #484,891
  • Jul 15, 2019 12:06pm Jul 15, 2019 12:06pm
GU may print new lows. But i'm still inclined in buying dips

I'm still waiting.

If it prints new lows...we'll have another nice daily bullish divergence, that i'll buy into
COT: The precious data ignored
  • #484,892
  • Jul 15, 2019 12:09pm Jul 15, 2019 12:09pm
Quoting mbrown
{quote} Bet your house on it.
Ok
  • #484,893
  • Jul 15, 2019 12:12pm Jul 15, 2019 12:12pm
Quoting viankoko88
{quote} 1.2508 still stand up ( H4 Kijun Sen) A lot of buyer there, Let see how daily close today,
Strong support, hit 4 times so far today but can't broke..
  • #484,894
  • Jul 15, 2019 12:53pm Jul 15, 2019 12:53pm
Quoting viankoko88
{quote} Strong support, hit 4 times so far today but can't broke..
Patience.. it will break. Just bet my house on it
  • #484,895
  • Jul 15, 2019 1:17pm Jul 15, 2019 1:17pm
Attached Image (click to enlarge)
Click to Enlarge Name: GU h4.png Size: 38 KB
Attached Image (click to enlarge)
Click to Enlarge Name: gu 15.png Size: 38 KB
Attached Image (click to enlarge)
Click to Enlarge Name: eg h1.png Size: 33 KB
yes yes yes
  • #484,896
  • Jul 15, 2019 1:59pm Jul 15, 2019 1:59pm
Quoting Moty
{quote} I made a mistake. I didn't take i consideration the abc correction {image}
Moty, be always prepared for more BS with PA...Friday PA gave the warning that it might be B (corrective wave) at the end of the day.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU 07.15.30M.PNG Size: 103 KB
Click to Enlarge Name: Corrpatterns.PNG Size: 84 KB
Click to Enlarge Name: doublethree.PNG Size: 113 KB
Always trade your own plan...I don't provide trading signals.
  • #484,897
  • Jul 15, 2019 3:15pm Jul 15, 2019 3:15pm
I'm on vacation .... I wish the best for all you.
  • #484,898
  • Jul 15, 2019 3:21pm Jul 15, 2019 3:21pm
how did i missed that ?
Attached Image (click to enlarge)
Click to Enlarge Name: GU h1.png Size: 50 KB
yes yes yes
  • #484,899
  • Jul 15, 2019 3:26pm Jul 15, 2019 3:26pm
Quoting Moty
how did i missed that ? {image}
The same way as I did Z... we had our agm today I had my new long trade from last night , two long trades pp on 2540 and I thought I would come back to the breakout of last weeks high but I sill have open longs Nz and gbj but that gbj has lost a bit of profit but I still think 137 and 140 is on the cards .nz to 68 so I am just looking to go long on GU again GL regards E
  • #484,900
  • Jul 15, 2019 3:30pm Jul 15, 2019 3:30pm
Quoting Moty
how did i missed that ? {image}
Sometimes if one is sitting a lot of time in front of the pc or chart . You can become embroiled in the trade you would like to happen and not see the head lights of the pursuing move . That a break walk away and open the mind
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