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Cable Update (GBPUSD)

  • #527,181
  • Jun 11, 2020 12:52pm Jun 11, 2020 12:52pm
tomorrow, in Asia, one can expect a good recovery for this pair.

If this keeps falling.
Intraday only.
  • #527,182
  • Jun 11, 2020 12:54pm Jun 11, 2020 12:54pm
Attached Image (click to enlarge)
Click to Enlarge Name: CamScanner 06-11-2020 20.53.43_1.jpg Size: 143 KB
yes yes yes
  • #527,183
  • Jun 11, 2020 12:58pm Jun 11, 2020 12:58pm
Quoting Moty
{image}
Love your charts mate.
Gone to a better place
  • #527,184
  • Jun 11, 2020 12:59pm Jun 11, 2020 12:59pm
Quoting Wavegarrick
{quote} Anyway, I suspect a test of my round number 1.2600 and towards my weekly pivot at 1.25978. Could we have a bounce up from 1.2600? we will have to see. If the cycle extends I would like to see my weekly support 1 at 1.24646 ish. All the best, Cheers. {image}
My weekly pivot tested to the pip. we shall see from here,

Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_565.png Size: 88 KB
Trade to trade another day
  • #527,185
  • Jun 11, 2020 1:23pm Jun 11, 2020 1:23pm
Quoting kuroro001
{quote} 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)
2575/91 done for today
COT: The precious data ignored
  • #527,186
  • Jun 11, 2020 1:40pm Jun 11, 2020 1:40pm
Target reached. Previous month's open price tested.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot at Jun 11 18-24-28.png Size: 53 KB
Le$$ I$ More
  • #527,187
  • Jun 11, 2020 1:40pm Jun 11, 2020 1:40pm
Quoting OnlineAddict
{quote} The dump started during FED. Don't try to catch a falling knife. 2260 is on the way.
I warned you! Now lets bring the baby up some pips for another dump tomorrow and next week.
Everyone can see the chart, but only a few can actually read it.
  • #527,188
  • Jun 11, 2020 1:45pm Jun 11, 2020 1:45pm
LONG 1.26045
  • #527,189
  • Jun 11, 2020 1:52pm Jun 11, 2020 1:52pm
Thanks mate. But I just gave an idea of what could go for a minimum requirement: Tell us what you are trading and why. Details would depend on your circumstance, trading style, time constraints, etc. The point is that it is better, if any trader wants to show a result of his/her trade, to first tell us when he/she is entering that trade and why; not posting after the facts/or cherry-picking trade outcomes.

Trade safe.

KP

Quoting Wavegarrick
{quote} How about showing a picture with that and drawing all the support/resistance zones and showing the pin bar on the 5 min t/frame. Difficult to post pictures when you are scalping very quick price movement on the 5 min t/frame...
Do your homework, follow the footprints of smart money
  • #527,190
  • Jun 11, 2020 1:57pm Jun 11, 2020 1:57pm
Attached Image (click to enlarge)
Click to Enlarge Name: gu15.png Size: 41 KB
yes yes yes
  • #527,191
  • Jun 11, 2020 2:00pm Jun 11, 2020 2:00pm
Technically the GBPUSD market structure has not broken southwards, check the D1 tf. But a breakdown of the 1.25000 area is likely to energize a southward shift/momentum.

KP
Do your homework, follow the footprints of smart money
  • #527,192
  • Jun 11, 2020 2:02pm Jun 11, 2020 2:02pm
10th time lucky
Quoting Georginson
{quote} The strength of range analysis... Here we go
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #527,193
  • Jun 11, 2020 2:04pm Jun 11, 2020 2:04pm
Quoting KeenPips
Thanks mate. But I just gave an idea of what could go for a minimum requirement: Tell us what you are trading and why. Details would depend on your circumstance, trading style, time constraints, etc. The point is that it is better, if any trader wants to show a result of his/her trade, to first tell us when he/she is entering that trade and why; not posting after the facts/or cherry-picking trade outcomes. Trade safe. KP {quote}
Yes, I get what you are saying, Thanks, Bud. Cheers.
Trade to trade another day
  • #527,194
  • Jun 11, 2020 2:08pm Jun 11, 2020 2:08pm
Quoting shahab8b
GU, I think it's a sell the rallies in the short term {image}
Wow u posted a strong buy.???????
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #527,195
  • Jun 11, 2020 2:16pm Jun 11, 2020 2:16pm
Quoting sgkrishn
{quote} Wow u posted a strong buy.???????
yes, and I moved my sl to b/e and I got stopped out. should I be unreasonable and stick to a losing trade when the technical picture changes? after 14 years of trading I learned you go with the flow. not to mention, I pointed out the abc correction, I tried to catch the b wave, which didn't work out
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDH1 6 11 2020.png Size: 34 KB
Click to Enlarge Name: GU 6 11 2020.PNG Size: 71 KB
  • #527,196
  • Jun 11, 2020 2:18pm Jun 11, 2020 2:18pm
Today GU price will bottom at whatever price EU will be at 1.1270s. Take profit for shorts and Long both pairs there..
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #527,197
  • Jun 11, 2020 2:19pm Jun 11, 2020 2:19pm
Quoting Mauro-J
hi all cable trader, This is my first post on this thread. 1.26140 - 1.25974 would be a nice area to start new begining either long or short, IMO. So far, my short target is 1.26132. If the TP hit, may be i will wait till the next london session. Next i will explain with the chart, cheers, MJ_
Short opened 1.26024. Not much expected after london closed, just scalp may be. 1.254xx or 1.252xx could be my target

MJ_
Attached Image (click to enlarge)
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"Bulls make money, Bears make money, but hogs get slaughtered"
  • #527,198
  • Jun 11, 2020 2:24pm Jun 11, 2020 2:24pm
Quoting mkvy
{quote} Why should i open an MT4 account when i have an MT5 account. Just to show you? Is it not about time Forex Factory supported linking of MT5 accounts? The year is now 2020 Gain:+101.73% Abs. Gain:+152.6% Daily:1.09%
The thing is that people like you which post their performance as text or picture, bring nothink then thoughts of competition. people are doing here just competition showing their trades and other newbie traders try to make then also competition and the result like we all know is loseing then their money.

for some people like me its just ridiculous to see what is going on here, but i know that new people which come to forex give a s about what other people are posting here. and i know also that some people do this s because its her job. so who cares, i can not change it and forex factory also lives from brokers.

no normal person would spent so much time and effort to post his s always to this forums, if somebody just link his account as trade explorer then its much easyer. but from my experience most scammers here dont link a trade explorer account, they just show some trades, beside of all other lose trades which they dont show of course, like nobody cares about, but they do it again and again just to make competition for people. c f i.
  • #527,199
  • Jun 11, 2020 2:25pm Jun 11, 2020 2:25pm
A good trading decision mate.

KP

Quoting shahab8b
{quote} yes, and I moved my sl to b/e and I got stopped out. should I be unreasonable and stick to a losing trade when the technical picture changes?....
Do your homework, follow the footprints of smart money
  • #527,200
  • Jun 11, 2020 2:26pm Jun 11, 2020 2:26pm
Quoting Moty
{image}
was did i not long few hours ago? guys just do sometimes the opposite from what this i is doing then you are save.
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