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Cable Update (GBPUSD)

  • #531,121
  • Jun 25, 2020 11:01am Jun 25, 2020 11:01am
Quoting Roszey
{quote} i see.. then i just got started.. lol {image}
damn nice! nothing wrong with it haha, patience pays. stay safe

my day is posted above

Joe
  • #531,122
  • Jun 25, 2020 11:03am Jun 25, 2020 11:03am
Quoting knkie
{quote} Nice im thinking 30 pips. Then retracement If i enter short after that the big fall comes. But its shaky PA today.....vigilence !
i dumped this @ BE
the PA does not have any kick to it.

i will wait a bit to sse if anything develops
in wondering about yourself, you forgot what you came here to be part of
  • #531,123
  • Jun 25, 2020 11:13am Jun 25, 2020 11:13am
If this real weekly bull trend start all scalpers and swing traders up and down they will be burned
  • #531,124
  • Jun 25, 2020 11:15am Jun 25, 2020 11:15am
Quoting viktoriaxz
If this real weekly bull trend start all scalpers and swing traders up and down they will be burned
Depends on risk appetite of everyone.

Cheers
TW
WARNING: This post warps space and time in its vicinity.
  • #531,125
  • Jun 25, 2020 11:30am Jun 25, 2020 11:30am
all clear +2 Pips ppfftttt...time to rest..see you
https://investizo.com/investment/view?server=1&login=2141779119
  • #531,126
  • Jun 25, 2020 11:35am Jun 25, 2020 11:35am
Quoting joesherwood
Done for the day. {image}
Well done dude
Focus.
  • #531,127
  • Jun 25, 2020 11:53am Jun 25, 2020 11:53am
Quoting fontu
{quote} likely as round # and all supports born to be broken. 2460 good place if bounce & for best place short if new to add any . {image}
one thing I learned today. Support and resistances are there to be broken, but what is important is flow ... in 4 hr or Higher TF.

Look at this chart.
Attached Image (click to enlarge)
Click to Enlarge Name: OctaFX.png Size: 112 KB
Intraday only.
  • #531,128
  • Jun 25, 2020 12:22pm Jun 25, 2020 12:22pm
NOOOOOooooo! Had to close Cable long for a loss of 55 pips!

Stood all morning waiting for a suitable retrace ><

Luke not happy
Attached Image
  • #531,129
  • Jun 25, 2020 12:28pm Jun 25, 2020 12:28pm
I hold long i dont know whats happen but normally it goes up.This is daily
Attached Image (click to enlarge)
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  • #531,130
  • Jun 25, 2020 12:52pm Jun 25, 2020 12:52pm
Quoting viktoriaxz
I hold long i dont know whats happen but normally it goes up.This is daily {image}
You can see D1 has been Bearish divergence.
  • #531,131
  • Jun 25, 2020 1:11pm Jun 25, 2020 1:11pm
Quoting navk
{quote} one thing I learned today. Support and resistances are there to be broken, but what is important is flow ... in 4 hr or Higher TF. Look at this chart. {image}
from your chart price clearly kept rejecting the Daily PP. That alone is clear for a sell.
Le$$ I$ More
  • #531,132
  • Jun 25, 2020 1:22pm Jun 25, 2020 1:22pm
this should be the one

Sell
2403

M15 break
in wondering about yourself, you forgot what you came here to be part of
  • #531,133
  • Jun 25, 2020 1:26pm Jun 25, 2020 1:26pm
Quoting knkie
this should be the one Sell 2403 M15 break
I hope so. I've been in the one most the day
Don't trade what you think. Just what you see!!!
  • #531,134
  • Jun 25, 2020 1:32pm Jun 25, 2020 1:32pm
I think the week will end with a bull run. Both EU and GU. Looking for long opportunities during Asia. They might not come(if I see topping during Tokyo, then its not valid)...so have to wait it out, to see if I am right.
Everyone can see the chart, but only a few can actually read it.
  • #531,135
  • Jun 25, 2020 1:43pm Jun 25, 2020 1:43pm
Quoting Theoak
{quote} I hope so. I've been in the one most the day
well i dont like it
Dumped -2

2404 is turning into a very strong support level
in wondering about yourself, you forgot what you came here to be part of
  • #531,136
  • Jun 25, 2020 1:43pm Jun 25, 2020 1:43pm
Banks no longer trade against themselves they trade directly against the vulnerable retail traders. These Banks have even taken it a step further by doing uniform form of trading behind closed doors to gather volume against retail traders. They have monitoring mechanism which shows the volume Guage, bias and stop level of most retail traders, these Banks are ready to attack your stops and make market break out to zones beyond your expectations and they have first hand fundamental information several minutes before retail traders get such information.

Make no mistake, when the market is ranging they feed you with small pips simply because they are out and waiting for you to lose guard to steal your money with their collective mighty volume at the time you least expect.

There are signs they often give when they want to strike hard by breaking so-called resistance and support zones but most retail traders do not pay attention out of greed and ignorance. It is little wonder as why only less than 21% of retail traders are successful.

My new job is to expose these mysteries to retail traders and ensure some of us that are discerning enough to join them as we can't beat them in their modernized system of stealing retailers money.

More on this later on how to identify their moves and join them when they want to strike. As always I will continue to research on these anomalies and feed information when necessary. More to come on this during the weekend, some future prices will be leaked and certain statistical variables will be given for more clarity.

As always, trade safe, prepare and never be caught off guard.
Data + Stat + Risk/Emotions Management
  • #531,137
  • Jun 25, 2020 1:45pm Jun 25, 2020 1:45pm
Quoting Georginson
Banks no longer trade against themselves they trade directly against the vulnerable retail traders. These Banks have even taken it a step further by doing uniform form of trading behind closed doors to gather volume against retail traders. They have monitoring mechanism which shows the volume Guage, bias and stop level of most retail traders, these Banks are ready to attack your stops and make market break out to zones beyond your expectations and they have first hand fundamental information several minutes before retail traders get such information....
thankyou
  • #531,138
  • Jun 25, 2020 1:54pm Jun 25, 2020 1:54pm
BEARS, let not your mind be troubled as the bulls are busy scaring you for no reason. They can only brag if 1.2460 level is breached, if not they will be like toothless bull dogs. Let not the slowness of the action derail you from your goals and let 1.2323 and below be Registered in your subconscious. Slowly and surely the monthly open at 1.2323 will be upon us and the bulls wall of support will be taken away after price hits 1.2323/1.2280 only for price to attack 1.25 level again as a temporary relief before 1.21 level will become their new reality.

Dear bears, take no prisoners as the bulls are here for the taking... In summary should 1.2460 level hold then the party is just getting started.

Peace...
Data + Stat + Risk/Emotions Management
  • #531,139
  • Jun 25, 2020 1:56pm Jun 25, 2020 1:56pm
Quoting Georginson
Banks no longer trade against themselves they trade directly against the vulnerable retail traders. These Banks have even taken it a step further by doing uniform form of trading behind closed doors to gather volume against retail traders. They have monitoring mechanism which shows the volume Guage, bias and stop level of most retail traders, these Banks are ready to attack your stops and make market break out to zones beyond your expectations and they have first hand fundamental information several minutes before retail traders get such information....
Hmmm, a $ 3 trillion market that is concerned about a bunch of micro lot traders? I think you'll find that the collective here is no more than a rounding error on the daily P/L of the banks trading activities. People often blame something or someone other than themselves when things don't go right.
  • #531,140
  • Jun 25, 2020 2:04pm Jun 25, 2020 2:04pm
Looking at M30 id say level 2404 has been tested 4 or 5 times and has held strong.
Never get locked into a bias that is not working out.

Im looking for a long entry soon.
in wondering about yourself, you forgot what you came here to be part of
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