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Cable Update (GBPUSD)

  • #486,661
  • Jul 24, 2019 6:54am Jul 24, 2019 6:54am
Quoting pipcenturion
{quote} Retrace back to VWAP currently at 1.24682 Efficient bulls will seek to enter buy lower than the VWAP.
i dont want to go much lower than the H4 LH fractal that was broken...
although the M15 HL fractal needs to be broken as reaction to this movement...
I guess it could go to 1.2469-ish
I will move my target lower....thanx
in wondering about yourself, you forgot what you came here to be part of
  • #486,662
  • Jul 24, 2019 7:01am Jul 24, 2019 7:01am
i was made wrong decision hit sl 3 times in a row
  • #486,663
  • Jul 24, 2019 7:13am Jul 24, 2019 7:13am
if you are scared of going long GU, short EG instead.
  • #486,664
  • Jul 24, 2019 7:16am Jul 24, 2019 7:16am
Quoting Theoak
{quote} Bingo
Short in at 1,2493 target 10 pip ish
Don't trade what you think. Just what you see!!!
  • #486,665
  • Jul 24, 2019 7:17am Jul 24, 2019 7:17am
Is GU ready to make another push up in its quest for 1.2560? Just might be
  • #486,666
  • Jul 24, 2019 7:17am Jul 24, 2019 7:17am
Quoting asgcorp
if you are scared of going long GU, short EG instead.
true, EG dropping fast now
defeat can still be profitable
  • #486,667
  • Jul 24, 2019 7:17am Jul 24, 2019 7:17am
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}
The answer is simple
You still do not know how to read the chart yet
  • #486,668
  • Jul 24, 2019 7:24am Jul 24, 2019 7:24am
haven't seen this posted in here before, potential ABCD into 2600 on H4.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 57 KB
  • #486,669
  • Jul 24, 2019 7:34am Jul 24, 2019 7:34am
Quoting Theoak
{quote} Short in at 1,2493 target 10 pip ish
Out + 4 pips
Don't trade what you think. Just what you see!!!
  • #486,670
  • Jul 24, 2019 7:38am Jul 24, 2019 7:38am
Quoting Ill-b-back
Well, looks like 25 is likely target. watching bearish PA for 100+ pips south {image} {image}
Ok, bears are back in town.
Come with me if you want to live....
  • #486,671
  • Edited 8:02am Jul 24, 2019 7:39am | Edited 8:02am
Switch to long at 1.24808 , yesterday's high
Total loss from the short teade , 10 pips.
Not very bad.
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2019-07-24 15.38.25_1.jpg Size: 109 KB
yes yes yes
  • #486,672
  • Jul 24, 2019 7:41am Jul 24, 2019 7:41am
Quoting knkie
Retrace for about 20 pips i think... {image}
exit + 22 pips.
Setting up for long position.
in wondering about yourself, you forgot what you came here to be part of
  • #486,673
  • Jul 24, 2019 7:43am Jul 24, 2019 7:43am
H4 is fugly, I'm staying out of this. at this rate bulls will loose all progress soon.
  • #486,674
  • Jul 24, 2019 7:45am Jul 24, 2019 7:45am
Quoting Ill-b-back
{quote} Ok, bears are back in town.
possible, yes. H4 is real ugly.
  • #486,675
  • Jul 24, 2019 7:55am Jul 24, 2019 7:55am
Time to go up!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD W1 (07-24-2019 1719).png Size: 21 KB
  • #486,676
  • Jul 24, 2019 8:01am Jul 24, 2019 8:01am
The reason why GU will be ranging US session.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM5.png Size: 39 KB
Market Makers Tax Guy...
  • #486,677
  • Jul 24, 2019 8:01am Jul 24, 2019 8:01am
looks like a buy that number now or wait next h1
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #486,678
  • Jul 24, 2019 8:02am Jul 24, 2019 8:02am
Quoting knkie
{quote} exit +22 pips. Setting up for long position.
buy 1.2488
45 pip target
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 46 KB
in wondering about yourself, you forgot what you came here to be part of
  • #486,679
  • Jul 24, 2019 8:04am Jul 24, 2019 8:04am
Hi Guys,

Buy trade added here 1.24858 s/loss 20 pips
Cheers
Trade to trade another day
  • #486,680
  • Jul 24, 2019 8:05am Jul 24, 2019 8:05am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD-1-hour.png Size: 34 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
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Kennaiah