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Cable Update (GBPUSD)

  • #492,681
  • Sep 10, 2019 4:50am Sep 10, 2019 4:50am
Pita bread will always return to it's origin, to be again pita bread
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: New Doc 2019-09-10 12.48.47_1.jpg Size: 40 KB
yes yes yes
  • #492,682
  • Sep 10, 2019 4:53am Sep 10, 2019 4:53am
Quoting Moty
3/4 of the position outside in the daily pivot at gate 1.23205, I left a small amount to run for daily s1. If there was no unemployment data today, I would run with everything.{image} The pita bread is back {image} I oove big breakfast {image}
This strength meter looks good to me, worth trading.. I'll share my view in a bit..
Meditate -> Workout -> Good Food = Good Life!
  • #492,683
  • Sep 10, 2019 4:54am Sep 10, 2019 4:54am
Would be Bullish if some news on mr. PM Brexit progress
Now having EU listening/opening for a deal
Overall Bears dancing, but Bulls kept in check just around the corner

Quoting Moty
Data don't change the situation. Still breakdown of Asian session range .still we are at retracement of the drop from 123788 to 1.23066 ,gbp is stiil pita bread but double, it will go back soon to be 1 {image} {image}
yakinaja.hajarblehh
  • #492,684
  • Sep 10, 2019 4:55am Sep 10, 2019 4:55am
As per meter and my opinion..

USD/CHF worth selling..
NZD/USD good to sell.. (off topic)
Cable good to sell on H4 (trade with caution)
Attached Image (click to enlarge)
Click to Enlarge Name: meter.png Size: 36 KB
Meditate -> Workout -> Good Food = Good Life!
  • #492,685
  • Sep 10, 2019 4:57am Sep 10, 2019 4:57am
kind of reverse symmetrical from yesterday:
took the long for 17 pips and now im short from 2320
45 pip target
in wondering about yourself, you forgot what you came here to be part of
  • #492,686
  • Sep 10, 2019 5:02am Sep 10, 2019 5:02am
Quoting YellowFellow
As per meter and my opinion.. USD/CHF worth selling.. NZD/USD good to sell.. (off topic) Cable good to sell on H4 (trade with caution) {image}
Gj is Also good sell.
Last h4 candle was berrish ingulfing.
Like you xan see i took il for 150 pips trade from 132
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2019-09-10 12.59.26_1.jpg Size: 120 KB
yes yes yes
  • #492,687
  • Sep 10, 2019 5:08am Sep 10, 2019 5:08am
Quoting Moty
{quote} Gj is Also good sell. Last h4 candle was berrish ingulfing. Like you xan see i took il for 150 pips trade from 132 {image}
> Gj is Also good sell.

----> I believe we are past volatility and it looks good for short now..
Meditate -> Workout -> Good Food = Good Life!
  • #492,688
  • Sep 10, 2019 5:20am Sep 10, 2019 5:20am
Quoting Moty
Pita bread will always return to it's origin, to be again pita bread {image} {image}
That is a weird statement after last months chasing of buy entries. The bakery was closed then?
  • #492,689
  • Sep 10, 2019 5:23am Sep 10, 2019 5:23am
Quoting Knot
{quote} That is a weird statement after last months chasing of buy entries. The bakery was closed then?
After gu dropped down heavily, it is clear to me that the pair will go to 1.1878 before significant move up , if at all
yes yes yes
  • #492,690
  • Sep 10, 2019 5:35am Sep 10, 2019 5:35am
Quoting Moty
{quote} After gu dropped down heavily, it is clear to me that the pair will go to 1.1878 before significant move up , if at all
Not sure about the 1.18 level since the Brexit situation is currently very fluid, I am looking at a retracement till the 1.21 area and re-evaluate whether an up or down move will become probably then.
  • #492,691
  • Sep 10, 2019 5:35am Sep 10, 2019 5:35am
Quoting elbert3
{image}Weekly at this time
Hey Elbert, that chart you posted speaks volumes, no pun intended LOL....

Since the low it's 2 red candles and 4 Green...
Don't Leave Money on the Table
  • #492,692
  • Sep 10, 2019 5:38am Sep 10, 2019 5:38am
Quoting Moty
{quote} After gu dropped down heavily, it is clear to me that the pair will go to 1.1878 before significant move up , if at all

Catching sellers
Nothing else
  • #492,693
  • Sep 10, 2019 5:41am Sep 10, 2019 5:41am
Quoting knkie
kind of reverse symmetrical from yesterday: took the long for 17 pips and now im short from 2320 45 pip target
dumped this -5

could go either way but my bias is north.
Nice H4 support.
in wondering about yourself, you forgot what you came here to be part of
  • #492,694
  • Sep 10, 2019 5:47am Sep 10, 2019 5:47am
Quoting knkie
{quote} dumped this -5 could go either way but my bias is north. Nice H4 support.
Hey Knkie, can you post a chart showing the H4 support?

Want to understand...

And we'd have to see a break above 2340 for any upside today....
Don't Leave Money on the Table
  • #492,695
  • Sep 10, 2019 5:59am Sep 10, 2019 5:59am
sure, but this is just my take on things.
Im sure there are traders who will disagree ...
It can be somewhat subjective....

For me a Supply/Demand zone is an area where price "runs away".
When price is rejected with a pin i consider it a Support/Resistance.

IN the chart, its H4, the green boxes are Demand for me.
The White box is a pin bar that i consider Support, but others would draw a box here and say it is a demand zone.

Most important is that you are consistant in your method

once again, others might disagree with this, and there are some great traders on here so listen to them too and then choose what you feel comfortable with
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 9 KB
in wondering about yourself, you forgot what you came here to be part of
  • #492,696
  • Sep 10, 2019 6:08am Sep 10, 2019 6:08am
Quoting Moty
{quote} After gu dropped down heavily, it is clear to me that the pair will go to 1.1878 before significant move up , if at all
Possible volatility during NY session ahead.. I had a short cable today, took quick profit.. now out..
Meditate -> Workout -> Good Food = Good Life!
  • #492,697
  • Sep 10, 2019 6:19am Sep 10, 2019 6:19am
I'm out for the night( here in the land of OZ) two profitable trades..
Don't Leave Money on the Table
  • #492,698
  • Sep 10, 2019 6:20am Sep 10, 2019 6:20am
Quoting knkie
sure, but this is just my take on things. Im sure there are traders who will disagree ... It can be somewhat subjective.... For me a Supply/Demand zone is an area where price "runs away". When price is rejected with a pin i consider it a Support/Resistance. IN the chart, its H4, the green boxes are Demand for me. The White box is a pin bar that i consider Support, but others would draw a box here and say it is a demand zone. Most important is that you are consistant in your method once again, others might disagree with this, and there are...
Cheers Knkie, great explanation...
Don't Leave Money on the Table
  • #492,699
  • Sep 10, 2019 6:21am Sep 10, 2019 6:21am
Quoting HaLBot
I'm out for the night( here in the land of OZ) two profitable trades..
halbot , you can see that akim method at 30m/1H set up for bull
PA Return Today: na
  • #492,700
  • Sep 10, 2019 6:26am Sep 10, 2019 6:26am
Quoting LeongPuiy
{quote} halbot , you can see that akim method at 30m/1H set up for bull
Yeah I took one earlier for 16 pips scalp and just now for 8 pip scalp ( 2341 to 2349) but I got a day job and if don't quit now will be stuffed tomorrow and could get injured..
Good luck LeongPuiy today, I reakon GU has more upside but trade your own setup

Saying that thou there doesn't seem to be much buying pressure, coming into NY sess it might change...
Don't Leave Money on the Table
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