Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

Last Post
1 26502 26503 Page 26504 26505 26506 43749
1 Page 26504 43749

#530,061
Jun 22, 2020 3:25pm Jun 22, 2020 3:25pm

despichtt
| Membership Revoked | Joined Feb 2011 | 643 Posts

Quoting Coreg2004

Disliked

{quote} despichtt, after the first hour in NY session (Initial balance) I trade only the range on small time frame ( 2M chart){image}{image} {image} {image}

Ignored

Ok, Im just scalping the krep

Life is great!!

#530,062
Jun 22, 2020 4:22pm Jun 22, 2020 4:22pm

zuluremys
| Joined Apr 2019 | Status: 99.9% persistance | 391 Posts

Newbie. How much money have you made today

99.9% persistence

#530,063
Jun 22, 2020 5:15pm Jun 22, 2020 5:15pm

trumps
Joined Mar 2020 | Status: Trader | 3,499 Posts

Quoting trumps

Disliked

{quote} That lower line is broke. Maybe up to 1.25-(spike 2550) for retest of support area. {image} {image}

Ignored

Not entirely sold on this TL retest yet.
Cable been setting many bear traps lately.
Will watch for reaction to it before trade.

Compulsions can be hard to resist

#530,064
Jun 22, 2020 5:24pm Jun 22, 2020 5:24pm

KeenPips
Joined Dec 2015 | Status: Trader | 8,751 Posts

Let's call that patience! Patience is key in this business, particularly for sustainable and consistent success in the long term..

KP

Quoting trumps

Disliked

{quote} Not entirely sold on this TL retest yet. Cable been setting many bear traps lately. Will watch for reaction to it before trade.

Ignored

Do your homework, follow the footprints of smart money

#530,065
Jun 22, 2020 5:34pm Jun 22, 2020 5:34pm

trumps
Joined Mar 2020 | Status: Trader | 3,499 Posts

Quoting KeenPips

Disliked

Let's call that patience! Patience is key in this business, particularly for sustainable and consistent success in the long term.. KP {quote}

Ignored

The TL doesn't have the reaction to it on the way down from 1.28 I normally look for.
Completed 4hr ABCD pattern around the Monday low also.

Compulsions can be hard to resist

#530,066
Jun 22, 2020 5:42pm Jun 22, 2020 5:42pm

KeenPips
Joined Dec 2015 | Status: Trader | 8,751 Posts

Another one there, mate. Following one's trading rules is key.

Stay safe, trade safe.

KP

Quoting trumps

Disliked

{quote} The TL doesn't have the reaction to it on the way down from 1.28 I normally look for. Completed 4hr ABCD pattern around the Monday low also.

Ignored

Do your homework, follow the footprints of smart money

#530,067
Jun 22, 2020 5:44pm Jun 22, 2020 5:44pm

elbert3
Joined Dec 2013 | Status: Trader | 19,815 Posts

Attached Image (click to enlarge)

Click to Enlarge

Name: A755DB17-5B33-4ACB-8222-84DB8891520E.jpeg
Size: 240 KB

This is only demo platform. But did anybody on their platform have this low . I had 2328 as a tp on my live one but never got hit . Because we’re we are now is were I was seeing it go and higher . But it’s got me confused

#530,068
Jun 22, 2020 5:48pm Jun 22, 2020 5:48pm

KeenPips
Joined Dec 2015 | Status: Trader | 8,751 Posts

No trade yet for me. The price action is still struggling at the 61.8 Fib area as a doji-like/indecision candlestick was printed in the previous H4 session. Disclaimer: I'm a swing trader.

KP

Quoting KeenPips

Disliked

The 1.25000 area is proximal to the 78.6 Fib retracement of the bearish drop of GBPUSD price action from the 1.26000 area. What happens in the area upon today's close will pique my interest. KP

Ignored

Do your homework, follow the footprints of smart money

#530,069
Jun 22, 2020 6:03pm Jun 22, 2020 6:03pm

elbert3
Joined Dec 2013 | Status: Trader | 19,815 Posts

Attached Image (click to enlarge)

Click to Enlarge

Name: BD3AE36D-1DAC-4B1D-9648-3A8D1A7D657F.jpeg
Size: 206 KB

not far away

#530,070
Jun 22, 2020 6:35pm Jun 22, 2020 6:35pm

KeenPips
Joined Dec 2015 | Status: Trader | 8,751 Posts

I'm tracking price action within a falling channel on the H4 tf (magenta). The 61.8/78.6 Fib zone is mapped by blue horizontal lines. A bearish turnaround in the zone or a price action bounce off the channel resistance trendline will pique my interest for a negative drive. Otherwise, I will stay off the market and reassess it.

KP

Attached Image (click to enlarge)