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Cable Update (GBPUSD)

  • #528,661
  • Jun 17, 2020 7:34am Jun 17, 2020 7:34am
dailys1 and fibs4 hit, but no strong bounces off it so far

Waiting a bit to add longs
COT: The precious data ignored
  • #528,662
  • Jun 17, 2020 7:35am Jun 17, 2020 7:35am
Quoting ongtrumvn99
{quote} money in my pocket, why do you care what to do, why not learn good things.
You're right probably best if I just put you on ignore, then I don't have to listen to the mighty pip hunter all day.
  • #528,663
  • Jun 17, 2020 7:35am Jun 17, 2020 7:35am
Quoting kuroro001
dailys1 and fibs4 hit, but no strong bounces off it so far Waiting a bit to add longs
Longs are gone
  • #528,664
  • Jun 17, 2020 7:39am Jun 17, 2020 7:39am
Took profit at S1. Done for the day, will probably stay out til the news tomorrow but we will see if an opportunity arises.
  • #528,665
  • Jun 17, 2020 7:40am Jun 17, 2020 7:40am
Attached Image (click to enlarge)
Click to Enlarge Name: guh1.png Size: 42 KB
Attached Image (click to enlarge)
Click to Enlarge Name: dxh1.png Size: 41 KB
yes yes yes
  • #528,666
  • Jun 17, 2020 7:40am Jun 17, 2020 7:40am
Quoting shakmoney
{quote} Longs are gone
They are lurking, always around the corner
COT: The precious data ignored
  • #528,667
  • Edited 8:03am Jun 17, 2020 7:44am | Edited 8:03am
Quoting kuroro001
{quote} They are lurking, always around the corner
Yeah long is gone... thats y i buy now
closed +20
row row row your boat
  • #528,668
  • Jun 17, 2020 7:47am Jun 17, 2020 7:47am
Quoting Scotteyy
{quote} Do you think it could be profitable with regular withdrawals? As in small gains, regular withdrawals, every so often blow an account but overall come out on top.
With good money management a person can make most strategies work in their favour.
Focus.
  • #528,669
  • Jun 17, 2020 7:56am Jun 17, 2020 7:56am
Why is GU spiking? Or is this a bull trap?

I have just got in at 2543, short
  • #528,670
  • Jun 17, 2020 8:01am Jun 17, 2020 8:01am
London guys went home, NY is left alone, let them show their hands
COT: The precious data ignored
  • #528,671
  • Jun 17, 2020 8:03am Jun 17, 2020 8:03am
Quoting Bydyke
Why is GU spiking? Or is this a bull trap?
to me that is a general time for a move to occur. Its close to london close so they are usually closing positions. We can close to the 30m liquidity level and and a 35 pip reaction. Came back to 15m support now resistance level for potentially move of a down move. then with fed speaking that can be the bull push to finish off the day with USD weakening and uncertainty in their future as well covid cases increasing again

just my insight. I notice est time 6am is a good time for entry roughly, 8am sometimes for ny open or 930 is the general to look for as well around 1030 or 11 for london closing off positions.
"Anger clouds the mind. Turned inward, it is an unconquerable enemy."
  • #528,672
  • Jun 17, 2020 8:07am Jun 17, 2020 8:07am
Quoting Bydyke
Why is GU spiking? Or is this a bull trap? I have just got in at 2543, short
Exit 2533
  • #528,673
  • Jun 17, 2020 8:08am Jun 17, 2020 8:08am
Quoting kuroro001
dailys1 and fibs4 hit, but no strong bounces off it so far Waiting a bit to add longs
tomorrow is a big day for the pound. I suggest you breakeven...
Le$$ I$ More
  • #528,674
  • Jun 17, 2020 8:11am Jun 17, 2020 8:11am
Quoting mastersplint
{quote} to me that is a general time for a move to occur. Its close to london close so they are usually closing positions. We can close to the 30m liquidity level and and a 35 pip reaction. Came back to 15m support now resistance level for potentially move of a down move. then with fed speaking that can be the bull push to finish off the day with USD weakening and uncertainty in their future as well covid cases increasing again just my insight. I notice est time 6am is a good time for entry roughly, 8am sometimes for ny open or 930 is the general...
Aren't most institutional traders trading on longer time-frames? I can understand the logic of closing before the weekend so expecting some counter trend action on the Friday but not during the week. I could be wrong just genuinely curious.
  • #528,675
  • Jun 17, 2020 8:14am Jun 17, 2020 8:14am
tp moved to 1.25070
yes yes yes
  • #528,676
  • Jun 17, 2020 8:16am Jun 17, 2020 8:16am
Short
Attached Image (click to enlarge)
Click to Enlarge Name: Cable.png Size: 49 KB
https://investizo.com/investment/view?server=1&login=2141779119
  • #528,677
  • Jun 17, 2020 8:29am Jun 17, 2020 8:29am
Quoting dondealova
Short {image}
exit...powell powell
https://investizo.com/investment/view?server=1&login=2141779119
  • #528,678
  • Jun 17, 2020 8:35am Jun 17, 2020 8:35am
The shape of 1H candle of 14 GMT , its location in relation to daily support S1...its timing in relation to end of London session,,, all of this is an indication for me to end of the down move today.
  • #528,679
  • Jun 17, 2020 8:35am Jun 17, 2020 8:35am
breakout
Attached Image (click to enlarge)
Click to Enlarge Name: 3.png Size: 42 KB
SCALP WIN
  • #528,680
  • Jun 17, 2020 8:41am Jun 17, 2020 8:41am
Quoting Doom911
{quote} Edit : Buy : 25435 TP : 26050
Stopped out with small loss

New Order :
Buy : 25036 ( a little extreme here )
TP : 26297
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