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Cable Update (GBPUSD)

  • #517,261
  • Apr 21, 2020 12:31pm Apr 21, 2020 12:31pm
H1
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CLOSE UP
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M1
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yes yes yes
  • #517,262
  • Apr 21, 2020 12:36pm Apr 21, 2020 12:36pm
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Quoting Moty
H1{image} CLOSE UP{image}
sneeeeky cable
  • #517,263
  • Apr 21, 2020 12:37pm Apr 21, 2020 12:37pm
M30

BuyStop @ 1.22785

s. Chart
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PA Trading with EMAs & common Sense
  • #517,264
  • Apr 21, 2020 12:41pm Apr 21, 2020 12:41pm
some body was asking what is my stop loss.

Look at this hourly low aqua box.

1. 22614 IS the break high level.

My stop just 1.4 pips below that level.

The PA came down but did not hit that price 1.2260
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Intraday only.
  • #517,265
  • Apr 21, 2020 1:12pm Apr 21, 2020 1:12pm
Quoting navk
some body was asking what is my stop loss. Look at this hourly low aqua box. 1. 22614 IS the break high level. My stop just 1.4 pips below that level. The PA came down but did not hit that price 1.2260 {image}
hi navk,
why are you trading wirh lagging indicators?

no offense
regards
  • #517,266
  • Apr 21, 2020 1:15pm Apr 21, 2020 1:15pm
Quoting thevisitor
{quote} hi navk, why are you trading wirh lagging indicators? no offense regards
hmm...

I will not call this as lagging indicators. But even if it is lagging, if it catches trend, i feel it is fine.

Elliot wave, no idea.
Intraday only.
  • #517,267
  • Apr 21, 2020 1:25pm Apr 21, 2020 1:25pm
Quoting thevisitor
{quote} hi navk, why are you trading wirh lagging indicators? no offense regards
i closed this.

More than 40 pips.
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Intraday only.
  • #517,268
  • Apr 21, 2020 1:34pm Apr 21, 2020 1:34pm
Down?
  • #517,269
  • Apr 21, 2020 1:42pm Apr 21, 2020 1:42pm
Quoting ozalid
Down?
Not gospel but it is looking bearish again, just have a look at the price action of the candles. You can see that bullish candles are often a lot smaller and the bearish ones in the current condittions are a lot larger wich gives some indication that bearish moves may be in favour. Do remember though anything can happen right now !
  • #517,270
  • Apr 21, 2020 1:47pm Apr 21, 2020 1:47pm
Quoting navk
{quote} i closed this. More than 40 pips. {image}
great if it works for you navk!!!

all the best for you!
  • #517,271
  • Apr 21, 2020 2:20pm Apr 21, 2020 2:20pm
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yes yes yes
  • #517,272
  • Apr 21, 2020 3:54pm Apr 21, 2020 3:54pm
its not bullish h4 ,prob continuation ,in an unknown tight channel
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #517,273
  • Apr 21, 2020 4:44pm Apr 21, 2020 4:44pm
Sell points above if attained by the bulls
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Compulsions can be hard to resist
  • #517,274
  • Apr 21, 2020 4:49pm Apr 21, 2020 4:49pm
Impact
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Compulsions can be hard to resist
  • #517,275
  • Apr 21, 2020 4:57pm Apr 21, 2020 4:57pm
23 battle zone.
Bulls need clearance
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Compulsions can be hard to resist
  • #517,276
  • Apr 21, 2020 7:27pm Apr 21, 2020 7:27pm
Today people made millions. If you've never made money trading today would have been your day.
99.9% persistence
  • #517,277
  • Apr 21, 2020 7:31pm Apr 21, 2020 7:31pm
One thing I hated the most when I was learning, was patience. I never wanted to wait for the right time to trade I just wanted to get in and make all the money and leave.
99.9% persistence
  • #517,278
  • Apr 21, 2020 7:36pm Apr 21, 2020 7:36pm
Hope everyone is ok and Nobody is losing money.
Remy was just passing by.
99.9% persistence
  • #517,279
  • Apr 21, 2020 7:44pm Apr 21, 2020 7:44pm
Quoting letsride
Hey guys, I’m looking forward to GDP Q1 on May 12. I’m wondering if I should trade around that time. What concerns me, and I was hoping I could get your guy’s thoughts on it, is I don’t know if GDP won’t contract as much as it should because of governmental spending, I.e. we won’t see the full extent of the contraction. In short - will the contraction be muted by government spending? Let me know your thoughts Z
Anyone have any thoughts around this and it's impact? I'm keenly awaiting it and was wondering if anyone else was too... I think it’s going to be a VERY high impact set of data.
  • #517,280
  • Apr 21, 2020 8:07pm Apr 21, 2020 8:07pm
Quoting navk
some body was asking what is my stop loss. Look at this hourly low aqua box. 1. 22614 IS the break high level. My stop just 1.4 pips below that level. The PA came down but did not hit that price 1.2260 {image}

What system are using navk?
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