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Cable Update (GBPUSD)

  • #488,021
  • Edited 6:54am Aug 1, 2019 2:05am | Edited 6:54am
shorted in at 1.2114 closed break even
short in at 1.2111 out +24 pips
back in short 1.2084 target is 20 pips out -18.2
long in at 1.2116 (Carnage 12.30 hope for kick up) out + 8 pips
Don't trade what you think. Just what you see!!!
  • #488,022
  • Aug 1, 2019 2:07am Aug 1, 2019 2:07am
Quoting elbert3
{quote} I have been posting EU is driving GU down as there is a gap at 1.078 so I just might be GU will keep going down until then
now very likely if actually there was , may be talking about this , may correspond to gu 1.1500 areas almost directly before bounce !! oh my God!

now may go 2033 & next 1780
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #488,023
  • Aug 1, 2019 2:16am Aug 1, 2019 2:16am
Quoting elbert3
{quote} Could retrace last month candle 2440 !!!
2381 limit up for down now after a bottoming confirmed by breaks up 2248
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 27 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #488,024
  • Aug 1, 2019 2:23am Aug 1, 2019 2:23am
Attached Image (click to enlarge)
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Quoting fontu
{quote} now very likely if actually there was , may be talking about this , may correspond to gu 1.1500 areas almost directly before bounce !! oh my God! now may go 2033 & next 1780 {image} {image} {image}
If we say 300 pips then ,, without looking on my pc . It should look like this
  • #488,025
  • Aug 1, 2019 2:34am Aug 1, 2019 2:34am
Quoting elbert3
{image}{image}{quote} If we say 300 pips then ,, without looking on my pc . It should look like this
another thing to consider euro will not drive this gbp now , rather opposite as eurgbp may to correct below 0.8724 before bull , very possible it already started action. so if to fall both eur will more than gbp this month. so gu may not free fall , more choppy / range down possible
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPDaily.png Size: 30 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #488,026
  • Aug 1, 2019 2:45am Aug 1, 2019 2:45am
Attached Image (click to enlarge)
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yes yes yes
  • #488,027
  • Aug 1, 2019 3:09am Aug 1, 2019 3:09am
Quoting fontu
{quote} another thing to consider euro will not drive this gbp now , rather opposite as eurgbp may to correct below 0.8724 before bull , very possible it already started action. so if to fall both eur will more than gbp this month. so gu may not free fall , more choppy / range down possible {image}
And I forgot the weekly tl is in sight so it could be profit taking soon I have 2090 area what do you think . After that then 1950 1800 might then come into the play if the EU gap
  • #488,028
  • Aug 1, 2019 3:20am Aug 1, 2019 3:20am
morning
shorting the pound @ 1.2115
10 pip SL
40 pip target
in wondering about yourself, you forgot what you came here to be part of
  • #488,029
  • Aug 1, 2019 3:41am Aug 1, 2019 3:41am
Quoting Theoak
shorted in at 1.2114 closed break even
better to trade like theoak, its difficult to stick on the long term plans...especially in GBP/USD at this situation..
follow the flow of music $
  • #488,030
  • Aug 1, 2019 3:46am Aug 1, 2019 3:46am
Carnage in for today @ Zorriander
follow the flow of music $
  • #488,031
  • Aug 1, 2019 3:59am Aug 1, 2019 3:59am
Quoting knkie
morning shorting the pound @ 1.2115 10 pip SL 40 pip target
I see you're going for the big targets. I chucked that out the window yesterday. I can't sit in it no more when I see it turns against me and sets up for a long or short.
Don't trade what you think. Just what you see!!!
  • #488,032
  • Aug 1, 2019 4:02am Aug 1, 2019 4:02am
Quoting Theoak
{quote} I see you're going for the big targets. I chucked that out the window yesterday. I can't sit in it no more when I see it turns against me and sets up for a long or short.
hey man

I am experimenting with higher frames and larger targets in the morning.
Only in the morning @ London Open.
I have been inspired by DailyChart's london open posts and I am adapting it to my style of HH LL trading.

Still on M5 and M1 too for scalps
in wondering about yourself, you forgot what you came here to be part of
  • #488,033
  • Aug 1, 2019 4:06am Aug 1, 2019 4:06am
boring, not breaking down, so closing.
Attached Image (click to enlarge)
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Intraday only.
  • #488,034
  • Aug 1, 2019 4:07am Aug 1, 2019 4:07am
Quoting elbert3
{quote} And I forgot the weekly tl is in sight so it could be profit taking soon I have 2090 area what do you think . After that then 1950 1800 might then come into the play if the EU gap
market not in hurry any , so nominal reactions here and there continues , more or less just . price may fall weekly 2047 if consider weekly low close & and surely fight for weekly close at 2169 exact , may not perfect as likely down but tries continue for it
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 41 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #488,035
  • Aug 1, 2019 4:28am Aug 1, 2019 4:28am
Quoting knkie
{quote} hey man I am experimenting with higher frames and larger targets in the morning. Only in the morning @ London Open. I have been inspired by DailyChart's london open posts and I am adapting it to my style of HH LL trading. Still on M5 and M1 too for scalps
Don't tell him that... inspired. His head will explode!!! I've been reading quite a bit on different strategies and one thing I’ve notice is that they overlap. You can do long division, short division and even use a calculator.
Well I’m shorting too, but just targeting the lows. You know, as well as me, if we get there it might bounce, but if we are really luck will shoot through. Let’s hope we are on a nice bear ride together!!!
Don't trade what you think. Just what you see!!!
  • #488,036
  • Aug 1, 2019 4:34am Aug 1, 2019 4:34am
Quoting Theoak
{quote} Don't tell him that... inspired. His head will explode!!! I've been reading quite a bit on different strategies and one thing I’ve notice is that they overlap. You can do long division, short division and even use a calculator. Well I’m shorting too, but just targeting the lows. You know, as well as me, if we get there it might bounce, but if we are really luck will shoot through. Let’s hope we are on a nice bear ride together!!!
lol
I like him...it took me a while to comprehend what he was saying.....
and he actually is saying something important i think.
in wondering about yourself, you forgot what you came here to be part of
  • #488,037
  • Aug 1, 2019 4:40am Aug 1, 2019 4:40am
Quoting knkie
{quote} lol I like him...it took me a while to comprehend what he was saying..... and he actually is saying something important i think.
He won’t tell ya nothing. I’ve been trying to get his egg fried rice recipe for ages. I know something to do with London opening and New York opening, but to be honest I have not got a scooby do!!
Don't trade what you think. Just what you see!!!
  • #488,038
  • Aug 1, 2019 4:44am Aug 1, 2019 4:44am
Quoting Theoak
{quote} He won’t tell ya nothing. I’ve been trying to get his egg fried rice recipe for ages. I know something to do with London opening and New York opening, but to be honest I have not got a scooby do!!
he did tell us i think.
its just tricky to decipher his posts.

London open, see what happens the first few hours.
Also compare it to former LO and LC previous day.
Then as price moves away from the open, find a consolidation level to enter.

What he calls consolidation, i would call a coutner HH/LL move.

@ DailyCHart: if i am saying anything incorrect, please correct me

edit: i have entered short on EurUsd and GbpUsd based on this method this morning. I will let it ride to the target or close at 4 pm. This is just an experiment.
in wondering about yourself, you forgot what you came here to be part of
  • #488,039
  • Aug 1, 2019 4:53am Aug 1, 2019 4:53am
Quoting rahadian1
i sell @1.21608 TP 60pips SL 30pips pending buy stop @1.21908 GL Guys
close +60pips
cancel my buy stop

Not losing money is almost good as making money
  • #488,040
  • Aug 1, 2019 4:55am Aug 1, 2019 4:55am
Quoting navk
boring, not breaking down, so closing. {image}
after I booked profit, it is breaking down.

Intraday only.
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