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Cable Update (GBPUSD)

  • #531,801
  • Jun 29, 2020 10:08am Jun 29, 2020 10:08am
Quoting Bydyke
{quote} Fibo theory tells us that if PA closes well below 61.8 it will get to 38.2 in that swing. If that is the case, it means we're heading to 2092 as per the last D1 swing. From your analysis, you don't seem to see this possibility. If PA closes beyond your 2243, what will your reaction be? {image}
You spoke my heart out
WARNING: This post warps space and time in its vicinity.
  • #531,802
  • Jun 29, 2020 10:10am Jun 29, 2020 10:10am
Quoting emuszy
{quote} Nice trade @Almo... Please can you share the indicator that calculates your profit in pips and the ADR ...and displays it on your charts for mt5 ...thanks
I don't know about mt5 its built for mt4 but i will share
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #531,803
  • Jun 29, 2020 10:10am Jun 29, 2020 10:10am
...perfect bearish thrust engulfing - last 2hr close.....price now at 103.7% of 30 day adr. Right into that pot 4hr/dly res becomes supp now at the lo.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 34 KB
Trader with an Edge.
  • #531,804
  • Jun 29, 2020 10:14am Jun 29, 2020 10:14am
Quoting Headland
...perfect bearish thrust engulfing - last 2hr close.....price now at 103.7% of 30 day adr. Right into that pot 4hr/dly res becomes supp now at the lo. {image}
levels//

its now stand on the 38.2 next one is the S2 if
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 21 KB
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #531,805
  • Jun 29, 2020 10:17am Jun 29, 2020 10:17am
2266 has also gone into the kitty of the bears. Next is 2222
  • #531,806
  • Jun 29, 2020 10:20am Jun 29, 2020 10:20am
Quoting Almo2312
{quote} I don't know about mt5 its built for mt4 but i will share
there you go
Attached File(s)
File Type: ex4 ©Pips Meter.ex4   6 KB | 331 downloads
Attached File(s)
File Type: ex4 ©Fibo Level.ex4   5 KB | 333 downloads
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #531,807
  • Jun 29, 2020 10:20am Jun 29, 2020 10:20am
Quoting Wavegarrick
We have a new daily lower low for the week.. The pendulum is swinging back for Gu. This is the reality of trading. I have my first short entered at 1.24311. Happening so fast. Cheers
Hi Guys.

Gu doing its thing. Touch of my weekly support now at 1.22556. I suspect a further drop. I do not have any bullish confirmation.

All the best.
Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_604.png Size: 98 KB
Trade to trade another day
  • #531,808
  • Jun 29, 2020 10:21am Jun 29, 2020 10:21am
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 30 KB
short done
little bit of sense, little bit of luck
Ktr Return This Month: na
  • #531,809
  • Jun 29, 2020 10:21am Jun 29, 2020 10:21am
The GU is making a very good downward movement. For those who want to scalp the market, it very important that you have some little patience. Allow the market price to get to 2232 or 2229 if it will with a good reversal candlestick before buying it. It is pretty safe there.
  • #531,810
  • Edited 10:37am Jun 29, 2020 10:23am | Edited 10:37am
...potential supp means little in a strongly bearish market - that is until it does-lol ! - be pa guided in these situations...price right at bottom of that dly pot res becomes supp zone at the current lo - also 50% extension of friday's range and weekly S1. Price has travelled 115% of 30 day adr now.
Trader with an Edge.
  • #531,811
  • Jun 29, 2020 10:24am Jun 29, 2020 10:24am
Buy TP hit 100pips. Now monitoring Range To seek a LONG position.
Using PA to confirm.

Cheers.

After Bearish Engulfing Candle, market did what it had to do.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot at Jun 29 15-21-57.png Size: 115 KB
Le$$ I$ More
  • #531,812
  • Jun 29, 2020 10:26am Jun 29, 2020 10:26am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4-5.png Size: 80 KB
  • #531,813
  • Jun 29, 2020 10:27am Jun 29, 2020 10:27am
Quoting Almo2312
{quote} levels// its now stand on the 38.2 next one is the S2 if {image}
Almo2312, that's reasonable expectation after ABC pattern (although another pattern is still in play too on the daily chart) ...but maybe for today is enough???
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU06.29.daily..png Size: 93 KB
Click to Enlarge Name: GU06.29.30M.png Size: 89 KB
Always trade your own plan...I don't provide trading signals.
  • #531,814
  • Jun 29, 2020 10:28am Jun 29, 2020 10:28am
Textbook tells us how lethal 3 soldiers are in forex. But on M15 are 4 mean commanders! Let us believe 2220s will rescue these helpless bulls
  • #531,815
  • Jun 29, 2020 10:30am Jun 29, 2020 10:30am
GU
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily 629 2020.png Size: 30 KB
  • #531,816
  • Jun 29, 2020 10:31am Jun 29, 2020 10:31am
All flat and squared...Final look at 4hr...

Do-svidaniya
Attached Image (click to enlarge)
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Trader with an Edge.
  • #531,817
  • Jun 29, 2020 10:32am Jun 29, 2020 10:32am
Attached Image (click to enlarge)
Click to Enlarge Name: guh1.png Size: 43 KB


why didn't i stayed with that position ?
Attached Image (click to enlarge)
Click to Enlarge Name: gu15m.png Size: 43 KB
yes yes yes
  • #531,818
  • Jun 29, 2020 10:33am Jun 29, 2020 10:33am
Quoting shahab8b
GU {image}
same position
PATIENCE AND DISCIPLINE!
  • #531,819
  • Edited 10:51am Jun 29, 2020 10:35am | Edited 10:51am
Buy in at 1.2268 target - 2280

Spinning Top

Bingo

OUT + 9 pips
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Annotation 2020-06-29 163117.png Size: 38 KB
Click to Enlarge Name: Annotation 2020-06-29 165034.png Size: 41 KB
Don't trade what you think. Just what you see!!!
  • #531,820
  • Jun 29, 2020 10:36am Jun 29, 2020 10:36am
Quoting shahab8b
GU {image}
same here with some different indicators
little bit of sense, little bit of luck
Ktr Return This Month: na
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