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Cable Update (GBPUSD)

  • #530,781
  • Jun 24, 2020 11:55am Jun 24, 2020 11:55am
Quoting epzero
{quote} i guess you have learnt something today?
learning is part of work.

how about you?
Intraday only.
  • #530,782
  • Jun 24, 2020 11:55am Jun 24, 2020 11:55am
Attached Image (click to enlarge)
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yes yes yes
  • #530,783
  • Jun 24, 2020 11:59am Jun 24, 2020 11:59am
MA s have crossed.

Now look to short tomorrow.
Attached Image (click to enlarge)
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Intraday only.
  • #530,784
  • Edited 1:21pm Jun 24, 2020 12:00pm | Edited 1:21pm
I am out of the SHORT for the day. See you tomorow for new setup.
Le$$ I$ More
  • #530,785
  • Jun 24, 2020 12:01pm Jun 24, 2020 12:01pm
Quoting Coreg2004
{quote} Let shake bears confidence a little bit...what if this scenario plays out? {image}
i think M5 looks like a nice Dow swing setup that you posted the other day
Attached Image
in wondering about yourself, you forgot what you came here to be part of
  • #530,786
  • Jun 24, 2020 12:02pm Jun 24, 2020 12:02pm
Quoting morfes2
{quote} https://youtu.be/Gv4Z-bcxojg
Inserted Video
  • #530,787
  • Jun 24, 2020 12:18pm Jun 24, 2020 12:18pm
Quoting knkie
{quote} i think M5 looks like a nice Dow swing setup that you posted the other day {image}
Is C in place already???
Attached Image (click to enlarge)
Click to Enlarge Name: GU06.24.5M.png Size: 75 KB
Always trade your own plan...I don't provide trading signals.
  • #530,788
  • Jun 24, 2020 12:22pm Jun 24, 2020 12:22pm
Quoting Coreg2004
{quote} Is C in place already??? {image}
no i was too early.
M5 needs to make a HL-LH
or
M15 makes a str8 LH
in wondering about yourself, you forgot what you came here to be part of
  • #530,789
  • Jun 24, 2020 12:48pm Jun 24, 2020 12:48pm
Quoting Coreg2004
{quote} Let shake bears confidence a little bit...what if this scenario plays out? {image}
good luck with that.
Don't trade what you think. Just what you see!!!
  • #530,790
  • Jun 24, 2020 12:56pm Jun 24, 2020 12:56pm
getting ready
in wondering about yourself, you forgot what you came here to be part of
  • #530,791
  • Jun 24, 2020 1:03pm Jun 24, 2020 1:03pm
Quoting joesherwood
couldn't miss that opportunity went long currently running +20 so making trade risk free as up today enough so it hits SL is what it is BEFORE {image} AFTER {image} {image}
trade hit SL at BE. No worries finishing day off at +3%. Looking forward to tomorrow.

take it easy all
Joe
  • #530,792
  • Jun 24, 2020 1:04pm Jun 24, 2020 1:04pm
selling 2422 & 2423
M5 chart

target 39 pips
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in wondering about yourself, you forgot what you came here to be part of
  • #530,793
  • Jun 24, 2020 1:29pm Jun 24, 2020 1:29pm
Quoting Coreg2004
{quote} Let shake bears confidence a little bit...what if this scenario plays out? {image}
Attached Image (click to enlarge)
Click to Enlarge Name: D8B54476-5569-435B-B8B1-A2D8CFE4C884.jpeg Size: 288 KB
like so . Mmmm
  • #530,794
  • Jun 24, 2020 1:30pm Jun 24, 2020 1:30pm
What happen if D1 Candle close under 1.24314, it's will bee Bearish engulfing candle next target 1.2065. I'm junior Trader
  • #530,795
  • Jun 24, 2020 1:31pm Jun 24, 2020 1:31pm
Quoting Qu|cksilver
Hi, Does anyone agree cable may go up to 1.9050 area? or will continue bearish when the market open on monday?

Hello, I think the GBPUSD will test some lower price to 1.2300 and then it will make a huge movement to 1.2500 price level. The details, you can check my analysis here https://forum.mt5.com/showthread.php...8#post14627768
  • #530,796
  • Jun 24, 2020 1:37pm Jun 24, 2020 1:37pm
Quoting amzadlak
What happen if D1 Candle close under 1.24314, it's will bee Bearish engulfing candle next target 1.2065. I'm junior Trader
That’s not a bad target number . 2290 has to go first I would say if it gets down there
  • #530,797
  • Jun 24, 2020 1:39pm Jun 24, 2020 1:39pm
Quoting amzadlak
What happen if D1 Candle close under 1.24314, it's will bee Bearish engulfing candle next target 1.2065. I'm junior Trader
i will probably get in trouble for saying this, but i think the level that a candle closes beyond or rejects is more important than the candle its self.
Today was a wonderful example of how traders took the wrong side of trades based on candle formations.
They can be subjective.
Levels are pretty objective.

just my 2 cents.
Trade your own style if it suits you
in wondering about yourself, you forgot what you came here to be part of
  • #530,798
  • Jun 24, 2020 1:44pm Jun 24, 2020 1:44pm
Remember. Every Rise is A Fall.
Attached Image
Le$$ I$ More
  • #530,799
  • Jun 24, 2020 1:49pm Jun 24, 2020 1:49pm
On the weekly, GU has made 207 pips range. The Upside is exhausted. Possibly we should see a test if the weekly OPen Price.
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Same as the monthly view. 490pips (ie 90% of the monthly done.) By next week we should see the Prices visiting the Monthly Open Price.
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Le$$ I$ More
  • #530,800
  • Jun 24, 2020 1:54pm Jun 24, 2020 1:54pm
i added a sell @ 2427

all three have a 2384 target but i may close them earlier if the momentum slows down
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in wondering about yourself, you forgot what you came here to be part of
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