Set GOAL, REACH and REPEAT.
Cable Update (GBPUSD)
- #524,822
- Jun 2, 2020 5:10am Jun 2, 2020 5:10am
- Joined Aug 2018 | Status: Research Analyst | 4,290 Posts
This is a very import concept ,but not as a bear trap it gaped down then opened bullish and went up 150 ,the only thing is that open is like the other two prior Its firm = today is Tuesday ,quote me when that open breaks down this weekIt can retrace now and has plenty of room but it cannot take that open this week ,all we can do is wait a further 3-4 days to prove it... So you got on W1 gap down shaven inverted hammer , then open bullish confirmation -against long failed bear which closed shaven... then gap down open bullish...
Thanks for the response
Data + Stat + Risk/Emotions Management
- #524,824
- Jun 2, 2020 5:13am Jun 2, 2020 5:13am
- Joined Dec 2017 | Status: Trader | 30,688 Posts
yes yes yes
- #524,825
- Jun 2, 2020 5:15am Jun 2, 2020 5:15am
- Joined May 2009 | Status: Trader | 2,088 Posts
LUCKY golden trades, LUCKY gold investor trading style
- #524,827
- Jun 2, 2020 5:20am Jun 2, 2020 5:20am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
COT: The precious data ignored
- #524,828
- Jun 2, 2020 5:22am Jun 2, 2020 5:22am
- Joined Dec 2013 | Status: Trader | 19,815 Posts
- #524,829
- Jun 2, 2020 5:22am Jun 2, 2020 5:22am
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
Hey look come Friday I think looking at the candle or better without higher, dispute the box situ
But thats my view no one should trade it unless they believed it themselves ,
if it sold off it would defy gravity before this week open certainly before the week prior ,as I say we need market to prove it next
But thats my view no one should trade it unless they believed it themselves ,
if it sold off it would defy gravity before this week open certainly before the week prior ,as I say we need market to prove it next
{quote} I need your summarised view and take on the short/medium term direction, also need more clarity on your view. Thanks for the response
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #524,830
- Jun 2, 2020 5:25am Jun 2, 2020 5:25am
- Joined Jan 2016 | Status: Trader | 5,200 Posts
already 100pips from low to high today, possible for another 100pips?
Depends on what the NY session serves up
Don't Leave Money on the Table
- #524,832
- Jun 2, 2020 5:41am Jun 2, 2020 5:41am
- Joined Apr 2012 | Status: Stunning | 6,815 Posts
in wondering about yourself, you forgot what you came here to be part of
- #524,834
- Jun 2, 2020 5:50am Jun 2, 2020 5:50am
- | Joined Aug 2015 | Status: Playing. | 1,018 Posts
{quote} Gaps are often filled and might sometimes not be filled immediately... This year 2020 has an unfilled gap at 1.3250 area which will still be filled but I see that happening around October/December... Meanwhile, I have seen a typical weekly candle of this nature dated 16 September 2018... Price opened at 1.3068, touched a low of 1.3067 surged to high of 1.3298 being 230 pips above the opening price then on the last trading day of that week price slide to 1.3054 still got a 14 pip decline from the open... This week candle is the exact replica...
Focus.
- #524,837
- Jun 2, 2020 5:55am Jun 2, 2020 5:55am
- Joined Apr 2012 | Status: Stunning | 6,815 Posts
{quote} I love this. I am short and you are long. The truth is that both of us can make the pips.
i think you are a better trader than I am so now im nervous hahah
Perhaps i should consider my own bias
in wondering about yourself, you forgot what you came here to be part of
- #524,838
- Jun 2, 2020 6:00am Jun 2, 2020 6:00am
- | Commercial User | Joined Feb 2017 | 24,065 Posts
KaBoooooM 
just for a cup of coffee...