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Cable Update (GBPUSD)

  • #530,061
  • Jun 22, 2020 3:25pm Jun 22, 2020 3:25pm
Quoting Coreg2004
{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}
Ok, Im just scalping the krep

Life is great!!
  • #530,062
  • Jun 22, 2020 4:22pm Jun 22, 2020 4:22pm
Newbie. How much money have you made today
99.9% persistence
  • #530,063
  • Jun 22, 2020 5:15pm Jun 22, 2020 5:15pm
Quoting trumps
{quote} That lower line is broke. Maybe up to 1.25-(spike 2550) for retest of support area. {image} {image}
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
Let's call that patience! Patience is key in this business, particularly for sustainable and consistent success in the long term..

KP

Quoting trumps
{quote} Not entirely sold on this TL retest yet. Cable been setting many bear traps lately. Will watch for reaction to it before trade.
Do your homework, follow the footprints of smart money
  • #530,065
  • Jun 22, 2020 5:34pm Jun 22, 2020 5:34pm
Quoting KeenPips
Let's call that patience! Patience is key in this business, particularly for sustainable and consistent success in the long term.. KP {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.
Compulsions can be hard to resist
  • #530,066
  • Jun 22, 2020 5:42pm Jun 22, 2020 5:42pm
Another one there, mate. Following one's trading rules is key.

Stay safe, trade safe.

KP

Quoting trumps
{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.
Do your homework, follow the footprints of smart money
  • #530,067
  • Jun 22, 2020 5:44pm Jun 22, 2020 5:44pm
Attached Image (click to enlarge)
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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
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
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
Do your homework, follow the footprints of smart money
  • #530,069
  • Jun 22, 2020 6:03pm Jun 22, 2020 6:03pm
Attached Image (click to enlarge)
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not far away
  • #530,070
  • Jun 22, 2020 6:35pm Jun 22, 2020 6:35pm
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)
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Do your homework, follow the footprints of smart money
  • #530,071
  • Jun 22, 2020 6:39pm Jun 22, 2020 6:39pm
1.33 target?
  • #530,072
  • Jun 22, 2020 6:48pm Jun 22, 2020 6:48pm
Quoting mkvy
1.33 target?
wow...
  • #530,073
  • Jun 22, 2020 6:58pm Jun 22, 2020 6:58pm
Quoting randu
{quote} wow...
we live in hope
  • #530,074
  • Jun 22, 2020 7:10pm Jun 22, 2020 7:10pm
Quoting mkvy
1.33 target?
I'm curious about that, we came off support on Monday.
Shape of this month's candle will give a good clue I think.
Compulsions can be hard to resist
  • #530,075
  • Jun 22, 2020 7:17pm Jun 22, 2020 7:17pm
Sell now to 1.2425 ?
  • #530,076
  • Jun 22, 2020 7:20pm Jun 22, 2020 7:20pm
I was shorted.. (wish me luck )
Attached Image (click to enlarge)
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  • #530,077
  • Jun 22, 2020 7:28pm Jun 22, 2020 7:28pm
SHORT not b4 2519
Intraday only.
  • #530,078
  • Jun 22, 2020 7:29pm Jun 22, 2020 7:29pm
re- test
Attached Image (click to enlarge)
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SCALP WIN
  • #530,079
  • Jun 22, 2020 7:30pm Jun 22, 2020 7:30pm
Quoting ongtrumvn99
re- test {image}
short 1.2490
SCALP WIN
  • #530,080
  • Jun 22, 2020 7:31pm Jun 22, 2020 7:31pm
people sell early before r1.
Intraday only.
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