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Cable Update (GBPUSD)

  • #524,861
  • Jun 2, 2020 7:20am Jun 2, 2020 7:20am
Quoting GGekkoGreed
{quote} I don't think so.... not today...and probably not this week
Looking at the PA, everything is possible.

Yesterday we thought that 1.24200 was the top, but hey...

That's why today I take everything under consideration.
Patience and Discipline.
  • #524,862
  • Jun 2, 2020 7:22am Jun 2, 2020 7:22am
Quoting Bydyke
{quote} The bears are still bossing PA. Short again at 2542 as the bulls couldn't breach the M5 average at 2547
  • #524,863
  • Jun 2, 2020 7:23am Jun 2, 2020 7:23am
Attached Image
  • #524,864
  • Jun 2, 2020 7:23am Jun 2, 2020 7:23am
Quoting akim0895
KaBoooooM
THE KaBoooooM is here
Attached Image(s) (click to enlarge)
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yes yes yes
  • #524,865
  • Jun 2, 2020 7:25am Jun 2, 2020 7:25am
Quoting Bydyke
{quote} I exited at 2530. I want to see what happens when PA returns to the M5 average now at 2549
good call i think
nice trade
in wondering about yourself, you forgot what you came here to be part of
  • #524,866
  • Edited 7:36am Jun 2, 2020 7:26am | Edited 7:36am
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #524,867
  • Jun 2, 2020 7:28am Jun 2, 2020 7:28am
Quoting Marco-Kanto
{quote} Gaps are a trap for a retail traders. They only exist because the market provided for retail traders shuts. If brokers didn't shut over the weekend, there wouldn't be a gap.
My analysis is not in anyway relating to gaps other than ranges and price behaviour. I remember when I called bullish move to 1.23 and beyond, you were one of the people calling it comedy timing back then when price was trading at 1.2130.

Now I'm calling price returning to that same 1.2310 /1.2280. pretty sure you will call it comedy timing again.
Data + Stat + Risk/Emotions Management
  • #524,868
  • Jun 2, 2020 7:29am Jun 2, 2020 7:29am
Let's see if it would touch 1.2500 again. Good trades for me today.. Waiting for this short one from 1.25683 to close and call it a day.
Set GOAL, REACH and REPEAT.
  • #524,869
  • Jun 2, 2020 7:32am Jun 2, 2020 7:32am
Quoting knkie
{quote} good call i think nice trade
Thanks. I hope to exit my short of 2542 at 2520 unless the M5 candle closes bullish from now on
  • #524,870
  • Jun 2, 2020 7:32am Jun 2, 2020 7:32am
Quoting SFundamental
They are trying to sell it...but global risk is squeezing it https://www.tradingview.com/x/ml4NbZ0x/
They managed to sell a bit.......
Dollar finally got a bid
atm we are at a poc/hvn-
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #524,871
  • Jun 2, 2020 7:40am Jun 2, 2020 7:40am
Quoting akim0895
KaBoooooM
Did you see my post on number 524836. Your tool has given me 35 pips today.

You see why I remain grateful to you
  • #524,872
  • Jun 2, 2020 7:44am Jun 2, 2020 7:44am
anyone long
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #524,873
  • Jun 2, 2020 7:46am Jun 2, 2020 7:46am
Welcome to FF mate! Your trading will improve by being cognizant of the price action on at least one time frame higher than your entry time frame.

KP

Quoting a.ngela
hi, everyone! just joined FF today officially tho i have been using the website for a year now. bought GU at 1.2418, 26, 30, and 31. decently closed at 1.25652. short scalped at 1.2570 to 1.2560. tho it seems as if i made a mistake of closing too early. (i scalp mostly)....i visit this thread a lot for trade ideas on cable....
Do your homework, follow the footprints of smart money
  • #524,874
  • Jun 2, 2020 7:47am Jun 2, 2020 7:47am
Quoting Bydyke
{quote} Thanks. I hope to exit my short of 2542 at 2520 unless the M5 candle closes bullish from now on
well with this trade you should be vigilant i think..
M5 has mad a structural HL and above 2555 a structural HH.
Im going Long again at a fractal HL following that....

trade safe
in wondering about yourself, you forgot what you came here to be part of
  • #524,875
  • Jun 2, 2020 7:48am Jun 2, 2020 7:48am
Quoting Georginson
{quote} My analysis is not in anyway relating to gaps other than ranges and price behaviour. I remember when I called bullish move to 1.23 and beyond, you were one of the people calling it comedy timing back then when price was trading at 1.2130. Now I'm calling price returning to that same 1.2310 /1.2280. pretty sure you will call it comedy timing again.
*sigh*

Once again I'll tell you that my 'comedy timing' quip was in relation to you posting your position the exact moment the market ripped against you 20pips. I wasn't mocking your position, merely the timing of your post in relation to what the market did. You, and everyone else can buy and sell whatever price they choose. It's 50/50 everytime.
Focus.
  • #524,876
  • Jun 2, 2020 7:49am Jun 2, 2020 7:49am
Quoting KeenPips
Welcome to FF mate! Your trading will improve by being cognizant of the price action on at least one time frame higher than your entry time frame. KP {quote}
Hey thanks! Glad to be part of this. Continuously trying to improve.
Officially joined FF today lol
  • #524,877
  • Jun 2, 2020 7:49am Jun 2, 2020 7:49am
Quoting Bydyke
{quote} Thanks. I hope to exit my short of 2542 at 2520 unless the M5 candle closes bullish from now on
Closed at 2532 (WR 100) as PA returned to it.

Meanwhile H1 average is at 2475 presently. PA will most likely get there or near it today
  • #524,878
  • Jun 2, 2020 7:50am Jun 2, 2020 7:50am
Quoting ongtrumvn99
{quote} I don't make money selling signals, I've lived with forex for 15 years, I make money from the market, don't get me wrong.


U can take a joke right
Beware of robber banks (RB), bad advisors.
  • #524,879
  • Jun 2, 2020 7:51am Jun 2, 2020 7:51am
Quoting Bydyke
{quote} Did you see my post on number 524836. Your tool has given me 35 pips today. You see why I remain grateful to you
keep it up buddy
just for a cup of coffee...
  • #524,880
  • Jun 2, 2020 7:54am Jun 2, 2020 7:54am
Quoting knkie
{quote} well with this trade you should be vigilant i think.. M5 has mad a structural HL and above 2555 a structural HH. Im going Long again at a fractal HL following that.... trade safe
You're correct, M5 has gone bullish. However, for me, it has to close above 2555 (Auto pivot R1) before entry
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