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Cable Update (GBPUSD)

  • #516,401
  • Apr 14, 2020 12:24pm Apr 14, 2020 12:24pm
Quoting elbert3
2604 long stop 6 pips
Perfect entry Elbert
Gone to a better place
  • #516,402
  • Apr 14, 2020 12:26pm Apr 14, 2020 12:26pm
Quoting smikester
{quote} Perfect entry Elbert
Thanks but I never count the chickens just yet it could come back to 2608 .
  • #516,403
  • Apr 14, 2020 12:42pm Apr 14, 2020 12:42pm
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3rd resistance now let’s see scalp mode
  • #516,404
  • Apr 14, 2020 12:50pm Apr 14, 2020 12:50pm
usually price does up and down on H4 channel but this time price went up again,it can go back any time down.Now we see- it goes up till daily channel 1.2760.too many green daily candles i think.
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  • #516,405
  • Apr 14, 2020 12:59pm Apr 14, 2020 12:59pm
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Quoting smikester
{quote} Perfect entry Elbert
Now that’s good entry picked up 1 more on the way
  • #516,406
  • Apr 14, 2020 1:01pm Apr 14, 2020 1:01pm
Quoting elbert3
{image}{image}{quote} Now that’s good entry picked up 1 more on the way

I know, it just burst upwards. Well done.
Gone to a better place
  • #516,407
  • Apr 14, 2020 1:03pm Apr 14, 2020 1:03pm
Quoting smikester
{quote} I know, it just burst upwards. Well done.
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targets the top of that tl . Not on my pc so that lines on from earlier
  • #516,408
  • Apr 14, 2020 1:04pm Apr 14, 2020 1:04pm
Stay safe
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  • #516,409
  • Apr 14, 2020 1:04pm Apr 14, 2020 1:04pm
Quoting Mitiblotch
Lucky to have my TP sitting at 2630 and it hit it exactly and started coming down. However, if there is one thing I know it is that this thing hasn't hit the top. I expect retracement and then another rise. The daily chart simply says no sell for now.
And here we go! 200DSMA sits at 2643. There was no way in the world it wouldn't hit it with such wicked volume on the previous 4hr candle bar. Any more juice left to the upside? Wherever this closes tonight is still not the top. Retracement and up again!
  • #516,410
  • Apr 14, 2020 1:07pm Apr 14, 2020 1:07pm
Quoting smikester
{quote} I know, it just burst upwards. Well done.
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not sure if that line is intact but slight reaction long order on the top .
  • #516,411
  • Apr 14, 2020 1:07pm Apr 14, 2020 1:07pm
Quoting corongumet
Stay safe {image}


WTF , you have been in a sell ?

ah i see buy and sell
Follow The Markets Structure - Patience and Discipline
  • #516,412
  • Apr 14, 2020 1:16pm Apr 14, 2020 1:16pm
Short scalp taken 2619 might bump up again
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  • #516,413
  • Apr 14, 2020 1:36pm Apr 14, 2020 1:36pm
Quoting pipfarm
{quote} WTF , you have been in a sell ? ah i see buy and sell
Its my demo account. Not my real account... Only using laptop to trade real account. Because because I'm still not disciplined
  • #516,414
  • Apr 14, 2020 2:22pm Apr 14, 2020 2:22pm
Quoting pipfarm
{quote} WTF , you have been in a sell ? ah i see buy and sell
I have two trading strategies, 1 uses a daily range, the disadvantage is that when the market is sideways, this strategy uses pending buy and sell orders, 2. is an elliot wave, and I am learning about this. I will not be rigid in reading the market. most people in this forum will be stiff in understanding it even though there is already a signal to change direction but he is not immediately aware of it, so today, when the daily lows when the london session is opened are touched, then I will close all my orders, and immediately re-plan

im sorry bad english
  • #516,415
  • Apr 14, 2020 2:36pm Apr 14, 2020 2:36pm
2622 long 6 pip stop short scalp still on
  • #516,416
  • Apr 14, 2020 3:10pm Apr 14, 2020 3:10pm
Quoting elbert3
2622 long 6 pip stop short scalp still on
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  • #516,417
  • Apr 14, 2020 3:16pm Apr 14, 2020 3:16pm
Quoting elbert3
{quote} {image}
I am long 2624 from last pullback, wondering if this week will be the recovery to where we dropped from
  • #516,418
  • Apr 14, 2020 4:06pm Apr 14, 2020 4:06pm
Well, today was a Tuesday. Never a great day for big moves. We may well accellerate tomorrow and Thursday. It's not just Cable, it's across the board that 22nd March $2,000,000,000,000 stimulus ratified on 25th March is having an effect. The S&P 500 is popping, all those dollar bills being sold back into stocks. Is this going to be good longer term? I don't think so but who am I to judge?

AND:

some god-awful S&P 500 first-quarter earnings reports are just days and weeks away. I wonder how the Usd might react to that?
Gone to a better place
  • #516,419
  • Apr 14, 2020 5:24pm Apr 14, 2020 5:24pm
i almost started to look for correction
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, but then i looked at my signature and remember , always trade with trend until it end
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yes yes yes
  • #516,420
  • Apr 14, 2020 6:04pm Apr 14, 2020 6:04pm
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just finished watching tv after placing my trade but what went on ??? Good job I never moved the trade up
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