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Cable Update (GBPUSD)

  • #486,041
  • Jul 21, 2019 5:19am Jul 21, 2019 5:19am
presented with no comment, details - see chart. Trade safely.
ps: this is not EW, a repeating structure from same period last year.
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  • #486,042
  • Jul 21, 2019 5:19am Jul 21, 2019 5:19am
vs right now. good luck, traders.
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  • #486,043
  • Jul 21, 2019 6:41am Jul 21, 2019 6:41am
Quoting mik2012
{image}{image}
well i like this one,1.26 gu trying bull little bit ,before fall down
however no one never know, what's gonna happend tommorow
  • #486,044
  • Jul 21, 2019 6:53am Jul 21, 2019 6:53am
poc mostly traded volume at a price
the red lines are vah and val
Attached Image(s) (click to enlarge)
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  • #486,045
  • Jul 21, 2019 7:55am Jul 21, 2019 7:55am
gaps quite regularly, gap up at mo

Quoting Wavegarrick
{quote} I am flabbergasted by the "will" Guys, The market will, price will move up, price will move down, there will be a gap up or down. I have been around long enough to know that nothing is certain in forex and most cock sure predictions are hog wash. Asgcorp I am sad to see a highly ranking and respected person like you telling me I might get upset if the market gaps down on me. It makes no difference to me and to be honest it is part of business. I don't get upset, I regroup and execute. Also, how many Gaps have you seen in Gu in the last couple...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #486,046
  • Jul 21, 2019 7:55am Jul 21, 2019 7:55am
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #486,047
  • Jul 21, 2019 7:59am Jul 21, 2019 7:59am
nice to see a clear explanation

Quoting kette
poc mostly traded volume at a price the red lines are vah and val {image} {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #486,048
  • Jul 21, 2019 8:37am Jul 21, 2019 8:37am
Quoting Theoak
{quote} One of the painful things about our time is that those who feel certainty are stupid, and those with any imagination and understanding are filled with doubt and indecision. Bertrand Russell The whole problem with the world is that fools and fanatics are always so certain of themselves, and wiser people so full of doubts. Bertrand Russell
About the wise in other words, the mind that opens to a new idea will never return to its original size. Albert Einstein
  • #486,049
  • Jul 21, 2019 8:40am Jul 21, 2019 8:40am
Quoting Bones
gaps quite regularly, gap up at mo {quote}
Hi Bones, yes sure there are gaps but small and insignificant and nothing like we had with Eu for example in April 2017 with the 180 pip gap up. If it were the case on a regular basis. I would probably not want to keep my trades open over the weekend at all. If a gap up today I will be more than happy with my buy trades. If it were to gap down 180 pips today I am sure I would be licking my wounds for the next week to come. The risk we take as medium term traders.
Anyway enough said on Gaps.
Have a great week.
Cheers
Trade to trade another day
  • #486,050
  • Jul 21, 2019 8:56am Jul 21, 2019 8:56am
These are the interesting areas for me
Attached Image (click to enlarge)
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  • #486,051
  • Jul 21, 2019 9:06am Jul 21, 2019 9:06am
yea that's true big gaps are rare, I couldn't take the risk myself and that really highlights how much is the trade-in relation to how much it means to you
you can take more risk say demo or low enjoy lovely weekend then come back wow it gaped up in my favor lol
gap up would be bullish in my eyes

Quoting Wavegarrick
{quote} Hi Bones, yes sure there are gaps but small and insignificant and nothing like we had with Eu for example in April 2017 with the 180 pip gap up. If it were the case on a regular basis. I would probably not want to keep my trades open over the weekend at all. If a gap up today I will be more than happy with my buy trades. If it were to gap down 180 pips today I am sure I would be licking my wounds for the next week to come. The risk we take as medium term traders. Anyway enough said on Gaps. Have a great week....
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #486,052
  • Jul 21, 2019 9:08am Jul 21, 2019 9:08am
Here is the support, on larger chart
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  • #486,053
  • Jul 21, 2019 9:09am Jul 21, 2019 9:09am
you can be the best trader in the world,
but you will have a personal threshold where you start making mistakes easier and that's a dilemma beyond reading a chart
like I said before this thing is super mean even if your right

I don't agree ,if your so sure
why are you not a millionaire
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #486,054
  • Jul 21, 2019 9:13am Jul 21, 2019 9:13am
I made mistakes myself and I thought about it, beyond a super entry
I could have handled that better
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #486,055
  • Jul 21, 2019 9:24am Jul 21, 2019 9:24am
6 day is clearer,I give it another 5 days
eur gbp does look bearish off a major
lower line goes I agree free fall
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #486,056
  • Jul 21, 2019 9:52am Jul 21, 2019 9:52am
gbp aud daily review. nice swing trade setup. details see chart.
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  • #486,057
  • Jul 21, 2019 10:07am Jul 21, 2019 10:07am
Quoting Bones
you can be the best trader in the world, but you will have a personal threshold where you start making mistakes easier and that's a dilemma beyond reading a chart like I said before this thing is super mean even if your right I don't agree ,if your so sure why are you not a millionaire
The proverbial pre-trade psychological reality vs the open trade psychological reality! This thing or rather the psychological thing can be super mean indeed!
  • #486,058
  • Jul 21, 2019 10:12am Jul 21, 2019 10:12am
Thread is getting contaminated with all kinds of motivational, psychological and political crap that brings zero value.
You guys need to post more frequently on Twitter/Facebook.

Would be nice to keep this thread dedicated to trading GBPUSD and GU crosses.
  • #486,059
  • Jul 21, 2019 10:17am Jul 21, 2019 10:17am
PA y u no go back to the white channel.
Attached Image (click to enlarge)
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  • #486,060
  • Jul 21, 2019 10:18am Jul 21, 2019 10:18am
Quoting asgcorp
Thread is getting contaminated with all kinds of motivational, psychological and political crap that brings zero value. You guys need to post more frequently on Twitter/Facebook. Would be nice to keep this thread dedicated to trading GBPUSD and GU crosses.


Take the high road, pray for peace and nirvana tranquility will be sure to follow my brother.





There is nothing wrong with the new blood being much more positive than the old dogs!!!
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