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Cable Update (GBPUSD)

  • #531,181
  • Jun 26, 2020 1:01am Jun 26, 2020 1:01am
Quoting Student21
{quote} Me too, i am long for the next 4 hours, looking at 1.246. Overall bearish...especially looking how the 1.2400 level got built i think it will be retested, hoping it will not be before the 1.246, pff but let's trade carefully..often periods of a lot of volatility. Trust your systems read the market and look for confirmations Guys! Market is talking to us.
It is DOJI daily candle.

It can move either way.

However, I would give a nod for bullish day as long as 2382 S1, holds.
Intraday only.
  • #531,182
  • Jun 26, 2020 1:02am Jun 26, 2020 1:02am
Quoting Headland
To all less experienced traders: The next time you read in this thread or any other for that matter that for eg 'Price is 'definitely going up' or 'price is definitely going down,' ask the author this: What was the sample size of this type of market condition and on what t/f (s) that causes you to say this and from that sample size what is the actual probability that your assertion will occur (Whether it does or not.) If they cannot answer this - then they know as much as the you and your 'opinion' is as useful as theirs. Without empirical evidence...
I really hope they are reading this. It is just as simple as this. Thanks for taking time to share this. I always find it very lazy to put this lengthy post
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #531,183
  • Jun 26, 2020 1:11am Jun 26, 2020 1:11am
Quoting martinez1
{quote} Wow!! this is basically the Truth in trading, let people or traders stop fighting over what the banks does, everything is in your chart.
Best for evryone is to shorten their game and leave the long game for the big banks and the majority of the retail loosers. You dont have to sit there all day long eather; sleep better etc(..)
Life is great!!
  • #531,184
  • Jun 26, 2020 1:12am Jun 26, 2020 1:12am
Quoting Headland
To all less experienced traders: The next time you read in this thread or any other for that matter that for eg 'Price is 'definitely going up' or 'price is definitely going down,' ask the author this: What was the sample size of this type of market condition and on what t/f (s) that causes you to say this and from that sample size what is the actual probability that your assertion will occur (Whether it does or not.) If they cannot answer this - then they know as much as the you and your 'opinion' is as useful as theirs. Without empirical evidence...
I missed your post.

To your question, Do you think the Author will reply? IMO, this is Author's Analysis. For whatever he trades, Does he sell system or signal here ? This thread is for sharing views and based on views you build your own system to trade.

Copying trades based on others views is blunder.
Intraday only.
  • #531,185
  • Jun 26, 2020 1:13am Jun 26, 2020 1:13am
Sell 1.2430 tp 1.2380 sl 1.2455 Bearish hidden divergence D1 chart
Cheers bear. I'm junior Trader. Follow ur own rules
  • #531,186
  • Jun 26, 2020 1:14am Jun 26, 2020 1:14am
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yes yes yes
  • #531,187
  • Jun 26, 2020 1:16am Jun 26, 2020 1:16am
Quoting Georginson
{quote} This June price action is identical to June 2013 price action, in fact this year 2020 price action in terms of behaviour is so similar to year 2013 as a whole. I remember when price was trading at 1.2770/1.2800 region I did state many times that price will return to at least 1.2310 this June and is now on the verge of being attacked. Now here are major similarities between year 2013 and year 2020 * 2013 opened at 1.6321 and touched a high of 1.6338 between January to October it only moved above the year opening by 17 pips, then it slide...
I still stick to this.
Data + Stat + Risk/Emotions Management
  • #531,188
  • Jun 26, 2020 1:17am Jun 26, 2020 1:17am
when i sell market buy...when i buy market sell aarggghhhh...i'm done for this week

Inserted Video
https://investizo.com/investment/view?server=1&login=2141779119
  • #531,189
  • Jun 26, 2020 1:19am Jun 26, 2020 1:19am
I am not answerable to anyone. If you are egocentric and idiotic, keep it to yourself.
Data + Stat + Risk/Emotions Management
  • #531,190
  • Jun 26, 2020 1:24am Jun 26, 2020 1:24am
Quoting Georginson
{quote} I still stick to this.
can you pls show a clear picture to understand i am new
  • #531,191
  • Jun 26, 2020 1:34am Jun 26, 2020 1:34am
my net today is too slow.

May appear once it is ok
Intraday only.
  • #531,192
  • Jun 26, 2020 1:39am Jun 26, 2020 1:39am
Hello. Lovely day again weather wise here in Uk. 1Hr after y/day's lo at a LL has since printed a HL,LH,HL,H,HL,HH,L,HH in terms of fractal swings but in a rising wedge pattern as price retreats from the asian hi with a downside breech of it's steepest asc t/line.. both 2hr and 4hr printed a LL at yesterday's lo too, and yesterday's daily candle makes a 2nd LH on daily after the L at Monday's lo...no LL yet on this t/f...this would come under Monday's lo. 2375 is where the daily asc t/line is coming thru on today's daily candle and the 4hr asc t/line is slightly steeper, and 1hr steeper still..

G/L to all trader's today.

1Hr is below.
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Trader with an Edge.
  • #531,193
  • Jun 26, 2020 1:58am Jun 26, 2020 1:58am
Today is the day we break down below 1.24. I'm probably wrong
  • #531,194
  • Jun 26, 2020 1:59am Jun 26, 2020 1:59am
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morning we had a 5 min break and now it’s back on the line so will it bounce or false move again ? Emas are contributing to confusion at this time as different time charts are showing different views . Trying to find out loses pips
  • #531,195
  • Jun 26, 2020 2:00am Jun 26, 2020 2:00am
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yes yes yes
  • #531,196
  • Jun 26, 2020 2:02am Jun 26, 2020 2:02am
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my preferred look for now is this
  • #531,197
  • Jun 26, 2020 2:07am Jun 26, 2020 2:07am
Quoting navk
{quote} It is DOJI daily candle. It can move either way. However, I would give a nod for bullish day as long as 2382 S1, holds.
That doji is sitting on Aki's lower band and so it's all bulls. Meanwhile, don't you think we might have just seen the low of the day at 2401?
  • #531,198
  • Jun 26, 2020 2:08am Jun 26, 2020 2:08am
Point blank mate! You hit the nail on the head. One reason why this is the case is that we trade differently. Besides, doing that hinders the trader's ability to develop as a very good and profitable trader.

KP

Quoting navk
{quote}...Copying trades based on others' views is blunder.
Do your homework, follow the footprints of smart money
  • #531,199
  • Jun 26, 2020 2:10am Jun 26, 2020 2:10am
I got a late price..
From my observation, if current 4Hr closes and engulfs the previous candles, then we good to sell. Meaning a break of 2400.
Well, anything can happen.
Stay safe. Don't fight it Just flow with it.
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Le$$ I$ More
  • #531,200
  • Jun 26, 2020 2:12am Jun 26, 2020 2:12am
M15

My first SellTrade
after DownTLBreak..

closed with +7

atb vvm
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