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Cable Update (GBPUSD)

  • #527,041
  • Jun 11, 2020 2:07am Jun 11, 2020 2:07am
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yes yes yes
  • #527,042
  • Jun 11, 2020 2:08am Jun 11, 2020 2:08am
Please consider taking a look at my post FOMC analysis. DXY starts at 0:03, GBP/USD starts at 10:30.

I upload weekly analysis every Sunday and daily analysis from TUE to FRI.

Inserted Video
  • #527,043
  • Jun 11, 2020 2:09am Jun 11, 2020 2:09am
Quoting adc
Morning all, Taken a short off S1, target S2. Rgds, Angus {image}
Out -10. Broken S1, trend line, EMA 100 and 1.27. No harm done. Will wait a little now to see how the PA develops. Coffee on. Rgds, Angus
  • #527,044
  • Jun 11, 2020 2:10am Jun 11, 2020 2:10am
extra careful, i just notice new h4 candle
  • #527,045
  • Jun 11, 2020 2:12am Jun 11, 2020 2:12am
Quoting Theoak
{quote} I think the bulls are coming back in town. Just waiting for a key resistance to be broke and will join the party
Long in at 1.2697 - first target 1.2742
Don't trade what you think. Just what you see!!!
  • #527,046
  • Jun 11, 2020 2:16am Jun 11, 2020 2:16am
testing pivot first? i love too, i still not reload short
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  • #527,047
  • Jun 11, 2020 2:20am Jun 11, 2020 2:20am
Minimum weekly range Being 225 pips... Current Range being 188 pips, still additional 35 pips to break... Should 1.2812 remain unbroken, 1.2588 will be visited within today and tomorrow.
Data + Stat + Risk/Emotions Management
  • #527,048
  • Jun 11, 2020 2:22am Jun 11, 2020 2:22am
Quoting Georginson
Minimum weekly range Being 225 pips... Current Range being 188 pips, still additional 35 pips to break... Should 1.2812 remain unbroken, 1.2588 will be visited within today and tomorrow.
between your range how your graph look like? its not straight line
  • #527,049
  • Edited 2:48am Jun 11, 2020 2:27am | Edited 2:48am
Buy
2704

20 pip target

M5

Edit : +5
in wondering about yourself, you forgot what you came here to be part of
  • #527,050
  • Jun 11, 2020 2:32am Jun 11, 2020 2:32am
11:25 (UK) EU chief negotiator Barnier said to have ruled out a British plan to enter intensive 'tunnel' negotiations over an EU trade deal in July - financial press
Insight:" tunnel” refers to the secretive negotiating phase in which a small core group of negotiating teams would set up in the European council’s Berlaymont building to throw around new ideas and legal drafts to try to break the deadlock. - Source TradeTheNews.com

Nobody seems to freaking care for the moment anymore..
Life is great!!
  • #527,051
  • Jun 11, 2020 2:42am Jun 11, 2020 2:42am
Quoting despichtt
11:25 (UK) EU chief negotiator Barnier said to have ruled out a British plan to enter intensive 'tunnel' negotiations over an EU trade deal in July - financial press Insight:" tunnel” refers to the secretive negotiating phase in which a small core group of negotiating teams would set up in the European council’s Berlaymont building to throw around new ideas and legal drafts to try to break the deadlock. - Source TradeTheNews.com Nobody seems to freaking care for the moment anymore..
Just a ickle bit busy at the moment, with a global pandemic.
Don't trade what you think. Just what you see!!!
  • #527,052
  • Jun 11, 2020 2:47am Jun 11, 2020 2:47am
Quoting Theoak
{quote} Just a ickle bit busy at the moment, with a global pandemic.
what pandemic?
everything is opening again.
if it was really dangerous they would not be doing this.

OR

They are just setting up for the 2nd wave and letting people make some money in the mean time
in wondering about yourself, you forgot what you came here to be part of
  • #527,053
  • Jun 11, 2020 2:54am Jun 11, 2020 2:54am
Quoting Siame
{quote} Cable back at Weekly Open. I'll look for a SHORT opportunity if we get a retrace during London Open.

SHORT 1.27007
  • #527,054
  • Jun 11, 2020 2:56am Jun 11, 2020 2:56am
Quoting knkie
{quote} what pandemic? everything is opening again. if it was really dangerous they would not be doing this. OR They are just setting up for the 2nd wave and letting people make some money in the mean time
"Just following the science"
Don't trade what you think. Just what you see!!!
  • #527,055
  • Jun 11, 2020 2:56am Jun 11, 2020 2:56am
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Attachment g
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yes yes yes
  • #527,056
  • Jun 11, 2020 3:04am Jun 11, 2020 3:04am
In spite of all the bravado of the bulls, PA has closed well below H1 average (2719).

The pin bar on M15 is saying the bulls might have another run up.

Hope they do for that will make a better entry for short. The bears are now in charge
  • #527,057
  • Jun 11, 2020 3:08am Jun 11, 2020 3:08am
Quoting Kimjoun
{quote} between your range how your graph look like? its not straight line
Lines are reactive to exchange rates and prices are never going in a Straight pattern but in a specific direction. This direction can be assumed with capacity of price movement to ascertain possible price destination if certain levels are unbroken.
Data + Stat + Risk/Emotions Management
  • #527,058
  • Jun 11, 2020 3:12am Jun 11, 2020 3:12am
Quoting kuroro001
Lets see if the MM wants 2648. But big support around 2575/91 (confluence of weekly pivot/Daily S3/Fibo)
We had that bounce right above 2648

Another attempt to break it? Then i'd looking at 2575/91 today (else we'll see tomorrow)
COT: The precious data ignored
  • #527,059
  • Jun 11, 2020 3:20am Jun 11, 2020 3:20am
Hi Guys,
Test the water sell trade at 1.26921 s/loss 50 pips.
Cheers.
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Trade to trade another day
  • #527,060
  • Jun 11, 2020 3:21am Jun 11, 2020 3:21am
Quoting Bydyke
In spite of all the bravado of the bulls, PA has closed well below H1 average (2719). The pin bar on M15 is saying the bulls might have another run up. Hope they do for that will make a better entry for short. The bears are now in charge
Well said
Data + Stat + Risk/Emotions Management
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