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Cable Update (GBPUSD)

  • #528,681
  • Jun 17, 2020 10:43am Jun 17, 2020 10:43am
Quoting Scotteyy
{quote} 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.
yes but then price would only go one way the whole time if it was all HTF based. Theres alwasy smaller reaction points on ltf as well areas of interest that keep price at a balance.
Price always seeks balance and untoouched liquidity levels as reaction points and areas to go to
"Anger clouds the mind. Turned inward, it is an unconquerable enemy."
  • #528,682
  • Jun 17, 2020 10:43am Jun 17, 2020 10:43am
?
IMHO buying here may hurts
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Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #528,683
  • Jun 17, 2020 10:45am Jun 17, 2020 10:45am
It's like the New Yorkers want to halt the bears at 2519 (Auto pivot S1). We wait and see
  • #528,684
  • Jun 17, 2020 10:47am Jun 17, 2020 10:47am
longterm bearish.
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Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #528,685
  • Jun 17, 2020 10:49am Jun 17, 2020 10:49am
Quoting sgkrishn
longterm bearish. {image}
yup
but looking for a good level to sell
selling from here is dangerous
  • #528,686
  • Jun 17, 2020 10:51am Jun 17, 2020 10:51am
Quoting Doom911
{quote} yup but looking for a good level to sell selling from here is dangerous
Accepted
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #528,687
  • Jun 17, 2020 10:58am Jun 17, 2020 10:58am
half is out
tp of the rest is 1.24740
powell is on , let it drop
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yes yes yes
  • #528,688
  • Jun 17, 2020 11:07am Jun 17, 2020 11:07am
Quoting kuroro001
London guys went home, NY is left alone, let them show their hands
Perhaps you should ad a bit more to your losses. You never know
Life is great!!
  • #528,689
  • Jun 17, 2020 11:10am Jun 17, 2020 11:10am
Quoting despichtt
{quote} Perhaps you should ad a bit more to your losses. You never know
What loss? i'm good today...and trading other things as well

But thanks for your concern
COT: The precious data ignored
  • #528,690
  • Jun 17, 2020 11:14am Jun 17, 2020 11:14am
Quoting morfes2
{quote} https://youtu.be/JLb7auZf_ZA
Inserted Video
  • #528,691
  • Jun 17, 2020 11:27am Jun 17, 2020 11:27am
Quoting kuroro001
{quote} What loss? i'm good today...and trading other things as well But thanks for your concern
Sure, everything flyink but the cable right
Life is great!!
  • #528,692
  • Jun 17, 2020 11:33am Jun 17, 2020 11:33am
Is Powell's speech over? what time does he finish his speech?
  • #528,693
  • Jun 17, 2020 11:42am Jun 17, 2020 11:42am
The speech should be 6:00pm . But what is the outcome?
Whatever the mind can Conceive, it can achieve it.
  • #528,694
  • Jun 17, 2020 11:42am Jun 17, 2020 11:42am
Is it just me, or anyone else is seing the chart building up for a spike up from 2500+ tomorrow? Maybe towards 2600-2650. Would be nice to short again.

Same on EU at 1215. 100 pips up maybe.
Everyone can see the chart, but only a few can actually read it.
  • #528,695
  • Jun 17, 2020 11:45am Jun 17, 2020 11:45am
Small range so far... Something big tomorrow looms then...
Data + Stat + Risk/Emotions Management
  • #528,696
  • Jun 17, 2020 12:19pm Jun 17, 2020 12:19pm
sneaky PA today

looks like its heading up to 2560-2565

possibly
in wondering about yourself, you forgot what you came here to be part of
  • #528,697
  • Jun 17, 2020 12:20pm Jun 17, 2020 12:20pm
Quoting OnlineAddict
Is it just me, or anyone else is seing the chart building up for a spike up from 2500+ tomorrow? Maybe towards 2600-2650. Would be nice to short again. Same on EU at 1215. 100 pips up maybe.
I was hoping it was going to go today!!!
Don't trade what you think. Just what you see!!!
  • #528,698
  • Jun 17, 2020 12:32pm Jun 17, 2020 12:32pm
Quoting Theoak
{quote} I was hoping it was going to go today!!!
Me, too, but we have to take what the market gives us.
Everyone can see the chart, but only a few can actually read it.
  • #528,699
  • Jun 17, 2020 12:35pm Jun 17, 2020 12:35pm
Quoting OnlineAddict
{quote} Me, too, but we have to take what the market gives us.
Turning bullish now.. So keep fingers crossed. Just got to break that trendline'
Don't trade what you think. Just what you see!!!
  • #528,700
  • Jun 17, 2020 12:45pm Jun 17, 2020 12:45pm
Quoting despichtt
{quote} Sure, everything flyink but the cable right
Focus on your meal, don't look at other's people plate
COT: The precious data ignored
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