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Cable Update (GBPUSD)

  • #488,201
  • Aug 2, 2019 7:14am Aug 2, 2019 7:14am
2145 should be resistance past the 2300 fail the 1950
  • #488,202
  • Aug 2, 2019 7:28am Aug 2, 2019 7:28am
Buy order on 2106
  • #488,203
  • Aug 2, 2019 7:41am Aug 2, 2019 7:41am
What happened to the whiplash.
  • #488,204
  • Aug 2, 2019 7:53am Aug 2, 2019 7:53am
How long does a 4 hour candle last ?
  • #488,205
  • Aug 2, 2019 8:06am Aug 2, 2019 8:06am
Quoting elbert3
How long does a 4 hour candle last ?
i'm not certain, but i think its 4 hours
KEK
  • #488,206
  • Aug 2, 2019 8:07am Aug 2, 2019 8:07am
thanks
Quoting impunctual20
{quote} i'm not certain, but i think its 4 hours
  • #488,207
  • Aug 2, 2019 8:15am Aug 2, 2019 8:15am
Where have they all gone? Can we get a bounce here to 2156
Quoting elbert3
thanks {quote}
C
  • #488,208
  • Aug 2, 2019 8:16am Aug 2, 2019 8:16am
sigh... this forex is beyond me.
i took a short right at the bottom of yesterday's low..1.208.
was hoping nfp to save me, but turned out it's a non-event.

and trump's gonna speak in 4 hours. he's going to weaken usd even further.... looks like no chance for 1.208
  • #488,209
  • Edited 8:59am Aug 2, 2019 8:21am | Edited 8:59am
but today is friday be carefull and patient

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The Average Discount Everything
  • #488,210
  • Aug 2, 2019 8:40am Aug 2, 2019 8:40am
yes.
NOW we buy.

1.2138

30 pips trgt
in wondering about yourself, you forgot what you came here to be part of
  • #488,211
  • Aug 2, 2019 9:19am Aug 2, 2019 9:19am
cable still keeps going down, comical that everyone kept saying it was the end of bears last week
defeat can still be profitable
  • #488,212
  • Aug 2, 2019 9:26am Aug 2, 2019 9:26am
Still beyond me why people are calling the bottom until I see a lower high formed then broken there is no bullish trend and that for me would have to be formed on the daily to much noise on the 1 hour 15m even the 4 hour at times, but I suppose it depends on how many pips you aim for I swing trade it's much more safer option a hell of a lot less stressful and you still take pips. 1200 pips from one pair in a month not to mention another few selected pairs, the reason your all getting burnt is because your trying to trade bullish price action in a bear market, if you scalping fair enough but if your expecting to collect huge pips from a bull run its it's not happening yet it's better to wait.
  • #488,213
  • Aug 2, 2019 9:27am Aug 2, 2019 9:27am
Quoting john-smith
cable still keeps going down, comical that everyone kept saying it was the end of bears last week
4hr, 1 hr, daily.... all tf down. Just 5 min chart going up and down. Have slow stocastis and keep selling when it goes up.
Intraday only.
  • #488,214
  • Aug 2, 2019 9:30am Aug 2, 2019 9:30am
Quoting Neil0163
Still beyond me why people are calling the bottom until I see a lower high formed then broken there is no bullish trend and that for me would have to be formed on the daily to much noise on the 1 hour 15m even the 4 hour at times, but I suppose it depends on how many pips you aim for I swing trade it's much more safer option a hell of a lot less stressful and you still take pips. 1200 pips from one pair in a month not to mention another few selected pairs, the reason your all getting burnt is because your trying to trade bullish price action in...
yeah exactly, you have such a low probability that you loose a lot too as the daily trend will almost always be you friend
defeat can still be profitable
  • #488,215
  • Aug 2, 2019 9:31am Aug 2, 2019 9:31am
My internet at home gone. Had some long trades and luckily i closed all longs for just 6 $ thro my android.
Now internet back. I do not know some bosy switched off during NFP release. Lol.
Intraday only.
  • #488,216
  • Aug 2, 2019 9:33am Aug 2, 2019 9:33am
Guess I must be the outlier who shorted and yet still holding a losing position.
Any good resources to read or watch to learn "when" to enter a trade?
  • #488,217
  • Aug 2, 2019 9:34am Aug 2, 2019 9:34am
Fundamentals are complete crock of rubbish too, so much red news out in the last 4 weeks yet for some odd reason price hit my targets.......news is crap if I'm honest
  • #488,218
  • Aug 2, 2019 9:36am Aug 2, 2019 9:36am
Quoting EastWind
Guess I must be the outlier who shorted and yet still holding a losing position. Any good resources to read or watch to learn "when" to enter a trade?
Study price action lower high lower low, trend lines etc double tops and bottoms triangles fib ratios other chart patterns
Take a look at this these patterns form everywhere
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  • #488,219
  • Aug 2, 2019 9:39am Aug 2, 2019 9:39am
Quoting Neil0163
Fundamentals are complete crock of rubbish too, so much red news out in the last 4 weeks yet for some odd reason price hit my targets.......news is crap if I'm honest
it usually has an effect on the minute charts but wont effect the trend
defeat can still be profitable
  • #488,220
  • Aug 2, 2019 9:41am Aug 2, 2019 9:41am
Quoting EastWind
Guess I must be the outlier who shorted and yet still holding a losing position. Any good resources to read or watch to learn "when" to enter a trade?
depends on how you trade imo
defeat can still be profitable
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