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Cable Update (GBPUSD)

  • #486,641
  • Jul 24, 2019 6:03am Jul 24, 2019 6:03am
Quoting Marcieny
{quote} I risked some pips ... I'm already making a profit there.
That's all that matters.....where was your SL?
4&1 All Time Profit: $37,496
  • #486,642
  • Jul 24, 2019 6:05am Jul 24, 2019 6:05am
Quoting Moty
M1 {image}
You didn't got my PM Too bad cause i was 100% right about.
Market Makers Tax Guy...
  • #486,643
  • Jul 24, 2019 6:07am Jul 24, 2019 6:07am
Continue of Post # 486,528.
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  • #486,644
  • Jul 24, 2019 6:07am Jul 24, 2019 6:07am
Quoting FX_buddy
https://www.youtube.com/watch?v=cKEWbZxdRWw
I'm off!!! Good luck Theresa!!!
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Don't trade what you think. Just what you see!!!
  • #486,645
  • Jul 24, 2019 6:07am Jul 24, 2019 6:07am
Quoting MzansiObi
{quote} That's all that matters.....where was your SL?
I had not put. because there are always some leaks .. but now I'll put it on the top .. this pair pays swap on sale
  • #486,646
  • Jul 24, 2019 6:08am Jul 24, 2019 6:08am
Quoting aarash
{quote} Dear moty why you are always other side? Do you have problem with trend?
Cause he always change his timeframe and enter every risky move
PA Return Today: na
  • #486,647
  • Jul 24, 2019 6:08am Jul 24, 2019 6:08am
Quoting elbert3
Is or when pice could break 2515-20 area 2540 should be safe to extend . We know the fail now so we have our plan for the next day or even week
Loverly
  • #486,648
  • Jul 24, 2019 6:11am Jul 24, 2019 6:11am
not a big money, but it is ok to start like this after 5 days off.
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Intraday only.
  • #486,649
  • Jul 24, 2019 6:12am Jul 24, 2019 6:12am
Long from 1.24350 (Asian session) to @1.25055 i hit my intraday target...Time to move on.
Market Makers Tax Guy...
  • #486,650
  • Jul 24, 2019 6:12am Jul 24, 2019 6:12am
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  • #486,651
  • Jul 24, 2019 6:12am Jul 24, 2019 6:12am
Retrace for about 20 pips i think...
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in wondering about yourself, you forgot what you came here to be part of
  • #486,652
  • Jul 24, 2019 6:14am Jul 24, 2019 6:14am
So usdx bo and signal for correction 96.96, gu already priced in and range may 2484 to 2556 and while eu to correct up for 1183 if 1292 this time as still likely bear try further next. Take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #486,653
  • Edited 6:29am Jul 24, 2019 6:14am | Edited 6:29am
Quoting aarash
{quote} Dear moty why you are always other side? Do you have problem with trend?
They do it to me every time, when I'm on the wrong side, then the boom it's flying, but when I'm on the right side then again I go down to the low and again go down to the retracement and then when it finally moves. I'm afraid it will come back again so i get out , but suddenly they fly without any breaks.
Unbelievable, 3 pushes without more then 38 retracement for each time.
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yes yes yes
  • #486,654
  • Jul 24, 2019 6:23am Jul 24, 2019 6:23am
Compression into ascending triangle noted on H1/H2/H3, this is a bear pattern setup in a downtrend,
however given we got Fed on 31st July this could go both ways.

EURGBP D1/W1 chart slightly in favor of upside breakout in GBPUSD post FED.
If GU asc trn is to break out to the upside, bulls have a valid target at 2740/2760.
If we get a downside resolution, a print near 2300 is warranted.

Good luck, traders!
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  • #486,655
  • Jul 24, 2019 6:27am Jul 24, 2019 6:27am
Quoting Moty
{quote}They do it to me every time, when I'm on the wrong side, then the boom it's flying, but when I'm on the right side then again I go down to the low and again go down to the retracement and then when it finally moves. I'm afraid it will come back again so i get out , but suddenly they fly without any breaks. Unbelievable, 3 pushes without more then 38 retracement for time . {image} {image}
Still in time to recover your loss ...buy USDCAD for US session...GBPUSD will stall...i am long on UC at 1.31350.I bet on a USDCAD explosion.Thank me later.
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Market Makers Tax Guy...
  • #486,656
  • Jul 24, 2019 6:28am Jul 24, 2019 6:28am
Quoting knkie
Retrace for about 20 pips i think... {image}
Retrace back to VWAP currently at 1.24682

Efficient bulls will seek to enter buy lower than the VWAP.
  • #486,657
  • Jul 24, 2019 6:34am Jul 24, 2019 6:34am
I reckon 1.2560 is possible today when US comes onstream. I'm out of GU for now though. Still have 2 short positions in UJ.
  • #486,658
  • Jul 24, 2019 6:36am Jul 24, 2019 6:36am
Quoting Moty
{quote}They do it to me every time, when I'm on the wrong side, then the boom it's flying, but when I'm on the right side then again I go down to the low and again go down to the retracement and then when it finally moves. I'm afraid it will come back again so i get out , but suddenly they fly without any breaks. Unbelievable, 3 pushes without more then 38 retracement for each time. {image} {image}
is really to set stop loss when the momentum is strong ,try not always catch every move buddy
i suffer loss too but if dont set stop loss, we will suffer huge loss instead of small loss
try be patient to wait resistance and rejection , dont always enter in the middle range
PA Return Today: na
  • #486,659
  • Jul 24, 2019 6:48am Jul 24, 2019 6:48am
Quoting navk
not a big money, but it is ok to start like this after 5 days off. {image}
Holidays always do us good.
  • #486,660
  • Jul 24, 2019 6:52am Jul 24, 2019 6:52am
Quoting Moty
{quote}They do it to me every time, when I'm on the wrong side, then the boom it's flying, but when I'm on the right side then again I go down to the low and again go down to the retracement and then when it finally moves. I'm afraid it will come back again so i get out , but suddenly they fly without any breaks. Unbelievable, 3 pushes without more then 38 retracement for each time. {image} {image}
moty staying in error is no longer a mistake sometimes it's a choice ... you need to clear these errors in mind to trading.
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