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Cable Update (GBPUSD)

  • #488,501
  • Aug 7, 2019 2:48am Aug 7, 2019 2:48am
from my chart review GU might remain range locked until end of this week.
  • #488,502
  • Aug 7, 2019 2:49am Aug 7, 2019 2:49am
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  • #488,503
  • Aug 7, 2019 2:50am Aug 7, 2019 2:50am
Quoting asgcorp
GU will most likely hit 2280/2300 next few days. But you don't load up in mid range. ))) PS: see an update I've posted below.
Yep, watch for the typical cable false breakout north with a full bodied candle.
Come with me if you want to live....
  • #488,504
  • Aug 7, 2019 2:51am Aug 7, 2019 2:51am
Quoting john-smith
could be a bull trap coming up, waiting on this
Stuck in a channel at moment. I thought it was going to break earlier (loss 13 pips and some kind trader thanked me for it bless him), but did not break. I think it will break don’t know which way thou!!!
Don't trade what you think. Just what you see!!!
  • #488,505
  • Aug 7, 2019 2:51am Aug 7, 2019 2:51am
yes, it is in range.

I traded on both sides, short, long, short.

Now my chart is clean.

will come back to NY session.

Until then bye all.
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Intraday only.
  • #488,506
  • Aug 7, 2019 2:52am Aug 7, 2019 2:52am
Quoting asgcorp
GU daily in fact looks pretty strong now. 2280/2300 is possible, but I'd be the first to short sell into this pump if we get it. {image}
2nd, I have a pending waiting..

Come with me if you want to live....
  • #488,507
  • Aug 7, 2019 2:53am Aug 7, 2019 2:53am
Quoting Ill-b-back
{quote} Yep, watch for the typical cable false breakout north with a full bodied candle.
tune in man.
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File Type: mp3 they-col-eet-a1565164360.mp3   11 KB | 176 downloads
  • #488,508
  • Aug 7, 2019 2:55am Aug 7, 2019 2:55am
Quoting Theoak
{quote} Stuck in a channel at moment.
forget about sliding lines. horizontal lines reign supreme.
  • #488,509
  • Edited 3:27am Aug 7, 2019 2:56am | Edited 3:27am
short in at 1.2160 now lets see if it breaks - OUT + 9 pips
Don't trade what you think. Just what you see!!!
  • #488,510
  • Aug 7, 2019 3:00am Aug 7, 2019 3:00am
Quoting navk
yes, it is in range. I traded on both sides, short, long, short. Now my chart is clean. will come back to NY session. Until then bye all. {image}
Up or down mate?
  • #488,511
  • Aug 7, 2019 3:02am Aug 7, 2019 3:02am
Quoting asgcorp
GU will most likely hit 2280/2300 next few days. But you don't load up in mid range. ))) PS: see an update I've posted below.
1.2000 more likely
ex nihilo
  • #488,512
  • Aug 7, 2019 3:03am Aug 7, 2019 3:03am
triangle ..
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Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #488,513
  • Aug 7, 2019 3:20am Aug 7, 2019 3:20am
Quoting Gilaforex13
{quote} Up or down mate?
4hr long, however hourly is ranging.


Daily is short.

If 4 hr changes to short preferably I will go with short.

As of now long and short as hourly changes direction a lot.
Intraday only.
  • #488,514
  • Aug 7, 2019 3:26am Aug 7, 2019 3:26am
the price likely to retest 2100 today.
Intraday only.
  • #488,515
  • Aug 7, 2019 3:35am Aug 7, 2019 3:35am
Again a touch at the bottom line.
Go up u l****l p***ce of s**t
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yes yes yes
  • #488,516
  • Aug 7, 2019 3:49am Aug 7, 2019 3:49am
Quoting Moty
Again a touch at the bottom line. Go up u l****l p***ce of s**t {image}
are you using stop losses yet?
Don't trade what you think. Just what you see!!!
  • #488,517
  • Aug 7, 2019 3:49am Aug 7, 2019 3:49am
Still no change here guys I've just had my sell from the top for a more conservative way to trade wait for the triangle to break and retest
Otherwise you'll more than likely be stung
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  • #488,518
  • Aug 7, 2019 3:54am Aug 7, 2019 3:54am
Quoting Theoak
{quote} Stuck in a channel at moment. I thought it was going to break earlier (loss 13 pips and some kind trader thanked me for it bless him), but did not break. I think it will break don’t know which way thou!!!
yeah it's a bit hard to know really, like I said I'm waiting this one out
defeat can still be profitable
  • #488,519
  • Aug 7, 2019 3:55am Aug 7, 2019 3:55am
Quoting Neil0163
Still no change here guys I've just had my sell from the top for a more conservative way to trade wait for the triangle to break and retest Otherwise you'll more than likely be stung {image} {image}
same here , just a matter of time till next leg down

looking to go short as well , just waiting for the right spot
  • #488,520
  • Aug 7, 2019 3:59am Aug 7, 2019 3:59am
Quoting Neil0163
Still no change here guys I've just had my sell from the top for a more conservative way to trade wait for the triangle to break and retest Otherwise you'll more than likely be stung {image} {image}
It break now?
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