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Cable Update (GBPUSD)

  • #488,061
  • Aug 1, 2019 6:59am Aug 1, 2019 6:59am
Quoting knkie
{quote} somehow i have this feeling you and OA are related...married...??
lol
  • #488,062
  • Aug 1, 2019 7:01am Aug 1, 2019 7:01am
Back to GBP, i feel Price action moving up..break the LL, expected little up.. Dx tested 98.43 several times, correction may be possible.
follow the flow of music $
  • #488,063
  • Aug 1, 2019 7:01am Aug 1, 2019 7:01am
Ok Guys and Galls-
The first time I've tried to put charts on so be patient with me. By the time I'd done the chart the trade was done.

target fib on the 30 min chart you can't see it because its on it, but trust me. Please be patient as it is my first time.
First chart 5min
second chart 30 min

out + 8 pips

Is this okay?
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Don't trade what you think. Just what you see!!!
  • #488,064
  • Aug 1, 2019 7:03am Aug 1, 2019 7:03am
Quoting knkie
{quote} 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.
Identifty The D1 Trend and Trade When The Price Break In The Same Directions at The London Open
Stay Flat/Hold The Previous Trades IF Price Not Break Or Don't Break in the same directions at The London Open
Stop at The Current/Previous D1 High/Low

Just find the quality setup and let it run
  • #488,065
  • Aug 1, 2019 7:07am Aug 1, 2019 7:07am
Quoting DailyChart
{quote} Identifty The D1 Trend and Trade When The Price Break In The Same Directions at The London Open Stay Flat/Hold The Previous Trades IF Price Not Break Or Don't Break in the same directions at The London Open Stop at The Current/Previous D1 High/Low Just find the quality setup and let it run
The main man is back!!! How about the secret to the ancient art of special fried rice????
Don't trade what you think. Just what you see!!!
  • #488,066
  • Aug 1, 2019 7:13am Aug 1, 2019 7:13am
Quoting AzrieFX
I'm long on GU now ... tp 100 pips
wow 100pips long?
  • #488,067
  • Aug 1, 2019 7:15am Aug 1, 2019 7:15am
Quoting DailyChart
{quote} Identifty The D1 Trend and Trade When The Price Break In The Same Directions at The London Open Stay Flat/Hold The Previous Trades IF Price Not Break Or Don't Break in the same directions at The London Open Stop at The Current/Previous D1 High/Low Just find the quality setup and let it run
hi mate ,if you can provide one chart for example is good for us to know more if can
PA Return This Week: 37.9%
  • #488,068
  • Aug 1, 2019 7:15am Aug 1, 2019 7:15am
Quoting DailyChart
{quote} Identifty The D1 Trend and Trade When The Price Break In The Same Directions at The London Open Stay Flat/Hold The Previous Trades IF Price Not Break Or Don't Break in the same directions at The London Open Stop at The Current/Previous D1 High/Low Just find the quality setup and let it run
Excellent DC...im following everything you say
Just one question concernign your 'line management'.
And ofcourse only if you feel confortable sharing:

Do you draw consolidation / flip lines only from the London Open ....or do you look at historical lines? And is this on the Day chart too?
in wondering about yourself, you forgot what you came here to be part of
  • #488,069
  • Aug 1, 2019 7:17am Aug 1, 2019 7:17am
Quoting Theoak
Ok Guys and Galls- The first time I've tried to put charts on so be patient with me. By the time I'd done the chart the trade was done. target fib on the 30 min chart you can't see it because its on it, but trust me. Please be patient as it is my first time. First chart 5min second chart 30 min out + 8 pips Is this okay? {image} {image}
awesome oakie ...looks great.
nice price action setup.
in wondering about yourself, you forgot what you came here to be part of
  • #488,070
  • Aug 1, 2019 7:20am Aug 1, 2019 7:20am
Quoting Theoak
{quote} The main man is back!!! How about the secret to the ancient art of special fried rice????
Tell to marcieny for relax
Nothing harm or hurt from my words
We are all learning here for better future
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  • #488,071
  • Aug 1, 2019 7:30am Aug 1, 2019 7:30am
Quoting knkie
{quote} Excellent DC...im following everything you say Just one question concernign your 'line management'. And ofcourse only if you feel confortable sharing: Do you draw consolidation / flip lines only from the London Open ....or do you look at historical lines? And is this on the Day chart too?
D1 Trend form from the swing high and low

Flip lines Rules :
When The Price break,It need to test the break level immediately by the 2nd candle with 1 full ohlc candle consolidate away from the break level for consider it as a valid flip lines

There are 2 lines more

False lines &
Consolidation Lines

Btw for the stress free trading, I am recommended strats system although i am not his student. But you can learn a lot things over there
  • #488,072
  • Aug 1, 2019 7:30am Aug 1, 2019 7:30am
done with gold selling.

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Intraday only.
  • #488,073
  • Aug 1, 2019 7:33am Aug 1, 2019 7:33am
Quoting DailyChart
{quote} Tell to marcieny for relax Nothing harm or hurt from my words We are all learning here for better future {image}
dont worry about that DC...some people love drama.
in wondering about yourself, you forgot what you came here to be part of
  • #488,074
  • Aug 1, 2019 7:34am Aug 1, 2019 7:34am
Quoting DailyChart
{quote} D1 Trend form from the swing high and low Flip lines Rules : When The Price break,It need to test the break level immediately by the 2nd candle with 1 full ohlc candle consolidate away from the break level for consider it as a valid flip lines There are 2 lines more False lines & Consolidation Lines Btw for the stress free trading, I am recommended strats system although i am not his student. But you can learn a lot things over there
yes...excellent.
The only thing im not sure of is if you are using the Day chart for your Flip/Consolidation/Fail lines?
in wondering about yourself, you forgot what you came here to be part of
  • #488,075
  • Aug 1, 2019 7:37am Aug 1, 2019 7:37am
Quoting knkie
{quote} yes...excellent. The only thing im not sure of is if you are using the Day chart for your Flip/Consolidation/Fail lines?
Yes i am using daily chart because it's the accumulation from the tokyo,london & newyork traders agreement closing price
  • #488,076
  • Aug 1, 2019 7:40am Aug 1, 2019 7:40am
Quoting DailyChart
{quote} Yes i am using daily chart because it's the accumulation from the tokyo,london & newyork traders agreement closing price
well thank you DC. This has absolutely helped me!
I am trying to trade higher frames (i usually scalp M5 & M1).

Wonderful of you to share
in wondering about yourself, you forgot what you came here to be part of
  • #488,077
  • Aug 1, 2019 7:41am Aug 1, 2019 7:41am
Quoting DailyChart
{quote} Yes i am using daily chart because it's the accumulation from the tokyo,london & newyork traders agreement closing price
For less stress you can just buy and sell where the previous d1 newyork candle close at the london open

The method that i am explain it just for looking better setup
  • #488,078
  • Aug 1, 2019 7:44am Aug 1, 2019 7:44am
these short trades were opened on 10 th july.

demo though.

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Intraday only.
  • #488,079
  • Aug 1, 2019 7:46am Aug 1, 2019 7:46am
Quoting DailyChart
{quote} For less stress you can just buy and sell where the previous d1 newyork candle close at the london open The method that i am explain it just for looking better setup
the GU was good today if i not wrong
LO below the NY closed
am i correct ?
PA Return This Week: 37.9%
  • #488,080
  • Aug 1, 2019 7:46am Aug 1, 2019 7:46am
Daily close above 1.2170 will push G$ up to 1.2650 and 1.2900 .. hopefully .
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