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Cable Update (GBPUSD)

  • #524,601
  • Jun 1, 2020 10:58am Jun 1, 2020 10:58am
If we all do more on sharing trading ideas, knowledge, experience and skills in FF, and far much less on ego-provoking/social-media issues, we would have a healthier and more productive community.

KP
Do your homework, follow the footprints of smart money
  • #524,602
  • Jun 1, 2020 11:01am Jun 1, 2020 11:01am
so many forever bears ,but USD doesn't look healthy with a lunatic at the helm.
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #524,603
  • Jun 1, 2020 11:04am Jun 1, 2020 11:04am
Quoting KeenPips
If we all do more on sharing trading ideas, knowledge, experience and skills in FF, and far much less on ego-provoking/social-media issues, we would have a healthier and more productive community. KP
  • #524,604
  • Jun 1, 2020 11:06am Jun 1, 2020 11:06am
I always trust monthly candles.
MONTH Starting day it gave unexpected high. Due to bad us data.
Definitely will gives a strong support break.
I prefer sell till 1.2150
Then buy...
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #524,605
  • Jun 1, 2020 11:14am Jun 1, 2020 11:14am
How would you use the monthly candlestick? In a top-down analytical approach? Personally, that's how I use the MN tf and particularly for swing trading.

KP

Quoting sgkrishn
I always trust monthly candles. MONTH Starting day it gave unexpected high. Due to bad us data. Definitely will gives a strong support break. I prefer sell till 1.2150 Then buy...
Do your homework, follow the footprints of smart money
  • #524,606
  • Jun 1, 2020 11:14am Jun 1, 2020 11:14am
Quoting OnlineAddict
Its only monday, relax, London fix might turn it around very easily. Just need to accumulate more longs first.
2485 could "produce" 2250 now.
Everyone can see the chart, but only a few can actually read it.
  • #524,607
  • Jun 1, 2020 11:16am Jun 1, 2020 11:16am
Quoting fx2022
{quote} sure u do pal. just like u have bedded lots of real women. its ok. demo man
I'm on this forum.... .... Like you.... And you there.... Yes you. ..

So where are the women we bed????

Sad. Money plenty but chasing habit zero
Beware of robber banks (RB), bad advisors.
  • #524,608
  • Jun 1, 2020 11:16am Jun 1, 2020 11:16am
Quoting KeenPips
If we all do more on sharing trading ideas, knowledge, experience and skills in FF, and far much less on ego-provoking/social-media issues, we would have a healthier and more productive community. KP
really like how you put this
  • #524,609
  • Jun 1, 2020 11:17am Jun 1, 2020 11:17am
Quoting Bones
so many forever bears ,but USD doesn't look healthy with a lunatic at the helm. {image}
It's his lunacy that will drive USD higher when chaos escalates... Remember USD is safe haven when uncertainties are present and Brexit unending saga resumes tomorrow with their proposed negative rates.
Data + Stat + Risk/Emotions Management
  • #524,610
  • Jun 1, 2020 11:18am Jun 1, 2020 11:18am
Quoting OnlineAddict
{quote} 2485 could "produce" 2250 now.
I strongly agree with you.
Data + Stat + Risk/Emotions Management
  • #524,611
  • Jun 1, 2020 11:18am Jun 1, 2020 11:18am
Quoting OnlineAddict
{quote} 2485 could "produce" 2250 now.
When did u turn short
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Beware of robber banks (RB), bad advisors.
  • #524,612
  • Jun 1, 2020 11:19am Jun 1, 2020 11:19am
Quoting SFundamental
{quote} Thanks Not-KPMG Goldmans telling.... saying that people don't care about Brexit anymore- which seems odd to me.
Lets see how things stand at the Frankfurt open.
British business is hilarious ..

Banks will LITERALLY RUN to Europe ....

Yeah it's going down (soon).

Yes I said MAYBE BUY LITTLE.....

Yes I'll short big

All it takes is Patience and Wisdom ....
And everything has it's time and place....

Green pips
Beware of robber banks (RB), bad advisors.
  • #524,613
  • Jun 1, 2020 11:22am Jun 1, 2020 11:22am
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yes yes yes
  • #524,614
  • Jun 1, 2020 11:33am Jun 1, 2020 11:33am
USD is bearish no doubt at all ,safe haven is done and dusted.
Quoting Georginson
{quote} It's his lunacy that will drive USD higher when chaos escalates... Remember USD is safe haven when uncertainties are present and Brexit unending saga resumes tomorrow with their proposed negative rates.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #524,615
  • Jun 1, 2020 11:47am Jun 1, 2020 11:47am
Trade this way
Attached Image (click to enlarge)
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FUNDEDNEXT STEP-1 (MODEL-1&3) Return Today: 1.2%
  • #524,616
  • Jun 1, 2020 11:47am Jun 1, 2020 11:47am
Quoting Moty
{image}{image}
Be careful buddy, ur last week profit are in the risk, though I know u are enough rich.
It always seems impossible until it is done.
Annex_of_Realsoldier All Time Return: na
  • #524,617
  • Jun 1, 2020 11:48am Jun 1, 2020 11:48am
here comes the last push
close beyond 1.2495?
in wondering about yourself, you forgot what you came here to be part of
  • #524,618
  • Jun 1, 2020 11:49am Jun 1, 2020 11:49am
this 4 week is 3 weeks old ,it did go to support but I stand by the other red 4 week has no power compared to pretty potential of the very long wicked hammer
somethings coming to take us to stronger res

Quoting Bones
If you look you can see nice and easy , When that pretty h1 shooting star printed and broke, it could not go into it's wick Then When the pretty morning star printed and broke, same thing ,it could not get back into the candles before up . Now look at the 4 week ,which close this week ,this 4 week hasn't the power to go into that wick imo. If it goes in there in the next 4 weeks it will find support off that low area based on that pretty thing Just saying that 4 week never entered the wick and broke it. {image} {image}
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD-4-weeks.png Size: 16 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #524,619
  • Jun 1, 2020 11:49am Jun 1, 2020 11:49am
Quoting dimadono
{quote} DOllar has been dumping for 2 days now. Now that its gaining some positive momentum you come and say that cable will fly? You must be crazy! Trade what you see and not what you will believe it will happen.
Hope u got the answer from chart.
It always seems impossible until it is done.
Annex_of_Realsoldier All Time Return: na
  • #524,620
  • Jun 1, 2020 11:50am Jun 1, 2020 11:50am
Resistance is futile. As long as it keeps going up, I will go up with it.
Learn from your mistakes and march on.
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