Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#518,781
Quote
May 4, 2020 9:22am May 4, 2020 9:22am

martinez1
Joined Aug 2011 | Status: Trader | 880 Posts

Closed with +28 points 5 hrs ago and am done for the day. Trade safe and stay safe fellow Traders

In need of consecutive candle indicator with an alert, is there any consecutive candle indicator with an alert that shows when there is 3 same candle ( bull or bear)
who can help?

THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD

#518,782
Quote
May 4, 2020 9:34am May 4, 2020 9:34am

shahab8b
Joined Jul 2009 | Status: The Alchemist | 8,917 Posts

I'm watching confluence of S, fib 0.61, TL, and round number @ 1.24. Let's see if bears can break it.

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#518,783
Quote
May 4, 2020 9:34am May 4, 2020 9:34am

KeenPips
Joined Dec 2015 | Status: Trader | 8,254 Posts

Once you get your technical analysis right, particularly using a top-down approach, you are likely to find much success trading on a serene day like today.

Trade safe.

KP

Do your homework, follow the footprints of smart money

#518,784
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May 4, 2020 9:34am May 4, 2020 9:34am

Georginson
Joined Aug 2018 | Status: Lonewolf | 3,995 Posts

Slow start to Monday can only mean a volatile Tuesday/Wednesday. Expected weekly range between 220 - 300 pips. Last two weeks candles have seen a dominant one sided victory with retracement at the latter days of the week.

#518,785
Quote
May 4, 2020 9:34am May 4, 2020 9:34am

navk
Joined Oct 2010 | Status: Trader | 20,306 Posts

Quoting Coreg2004

Disliked

{quote} navk, you need a lot of help from NY boys...but anything is possible. {image}

Ignored

took some long trades at 2407.

trailing stop 2416

However i have some long trades between 2480 and 2500

Intraday only.

#518,786
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May 4, 2020 10:08am May 4, 2020 10:08am

xzdluu
| Joined Mar 2020 | Status: Trader | 50 Posts

what a mess day .

#518,787
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May 4, 2020 10:09am May 4, 2020 10:09am

AbbeyRd
| Joined Apr 2020 | Status: Trader | 124 Posts

its kinda tiring shuffling from H4, H1, M30, M15.
nevertheless, made some greens! hurray! gold esp!

Trading is like fishing. Be patient and enjoy the fight.

#518,788
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May 4, 2020 10:30am May 4, 2020 10:30am

autemfx
| Joined May 2020 | Status: Trader | 27 Posts

Hello everyone. First time posting.

I'm short on GU. I don't think it'll go long without a stop hunt to the downside.

H4

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#518,789
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May 4, 2020 10:44am May 4, 2020 10:44am

Moty
Joined Dec 2017 | Status: Trader | 29,230 Posts

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yes yes yes

#518,790
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May 4, 2020 10:51am May 4, 2020 10:51am

SCopier
Joined Sep 2012 | Status: Trader | 931 Posts

Strong support at there, time to rise..

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#518,791
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May 4, 2020 10:51am May 4, 2020 10:51am

Bartosz77
Joined Aug 2016 | Status: Trader | 384 Posts

Quoting Moty

Disliked

{image}

Ignored

What does that mean to the trade?
Up? Where to?
Down? Where to?
When?

#518,792
Quote
May 4, 2020 10:52am May 4, 2020 10:52am

Coreg2004
Joined Oct 2009 | Status: Trader | 4,588 Posts

Quoting shahab8b

Disliked

I'm watching confluence of S, fib 0.61, TL, and round number @ 1.24. Let's see if bears can break it. {image}

Ignored

shahab8b, add 1.2398 max for end of C or W_5 so it's strong confluence around 1.24 but daily ATR(14) is 151 pips plus and Tuesday (potential reversal) is tomorrow

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Always trade your own plan...I don't provide trading signals.

#518,793
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May 4, 2020 11:03am May 4, 2020 11:03am

Coreg2004
Joined Oct 2009 | Status: Trader | 4,588 Posts

Quoting navk

Disliked

{quote} took some long trades at 2407. trailing stop 2416 However i have some long trades between 2480 and 2500

Ignored

maybe go for 1.2461(AB=CD) with the present long if SL not hit. It would be a nice chunk of change. Navk, notice ending diagonal formation from 3 to 7 am, it's either end of W_5_3 or W_5_5, drop for today might be near if not in place already.

Always trade your own plan...I don't provide trading signals.

#518,794
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May 4, 2020 11:12am May 4, 2020 11:12am

elbert3
Joined Dec 2013 | Status: Trader | 19,812 Posts

Not much really happened this afternoon until now

time to move

#518,795
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May 4, 2020 11:41am May 4, 2020 11:41am

Moty
Joined Dec 2017 | Status: Trader | 29,230 Posts

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yes yes yes

#518,796
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May 4, 2020 11:43am May 4, 2020 11:43am

corongumet
Joined Dec 2018 | Status: Trader | 1,483 Posts

Quoting Moty

Disliked

{image}{image}{image}

Ignored

http://www.tradingfives.com/articles...wave-guide.htm

#518,797
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May 4, 2020 11:48am May 4, 2020 11:48am

AnthonyWins
Joined Dec 2018 | Status: Trader | 215 Posts

The GBP/USD pair is trading at 1.2420(MA150 4H and MA250 1H). This level breaching is a signal for bearish with targets at 1.2360(MA250 4H) and 1.2320(0.5Fib). The bullish signal point is 1.2460(MA150 1H) with targets at 1.2490(MA25 4H) and 1.2535(0.618Fib).

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