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Cable Update (GBPUSD)

  • #532,061
  • Jun 30, 2020 7:54am Jun 30, 2020 7:54am
Congratulations to the 'rangers.' Speaking of which - there is a 30.68% of price going beyond the 30 day adr of 119pips based on last 365 days...currently at 107.

38.2% of the 2542-2251 swing down/61.8% 2436 - 2251 at top of this 4 fib cluster right at the current dly hi.
Trader with an Edge.
  • #532,062
  • Jun 30, 2020 7:54am Jun 30, 2020 7:54am
Quoting Almo2312
{quote} 1.2370/1.24 adding point if all for .\1.2177 first tgt
sl?
  • #532,063
  • Jun 30, 2020 7:55am Jun 30, 2020 7:55am
Quoting Headland
Congratulations to the 'rangers.'
Yeah... The Rangers are here to stay... Lol
Data + Stat + Risk/Emotions Management
  • #532,064
  • Jun 30, 2020 7:57am Jun 30, 2020 7:57am
Quoting haathmilao
{quote} Dramatic July? Really? Let's see what are your directions for july
Wait for it mate... We will conquer
Data + Stat + Risk/Emotions Management
  • #532,065
  • Jun 30, 2020 7:57am Jun 30, 2020 7:57am
my tp is 1.23885
Attached Image (click to enlarge)
Click to Enlarge Name: gu15m.png Size: 43 KB
yes yes yes
  • #532,066
  • Jun 30, 2020 7:57am Jun 30, 2020 7:57am
Quoting Moty
{quote} you want extension? here {image} {image}
looks like we are all on that W pattern big number for shorts it as posted 2425 area
  • #532,067
  • Jun 30, 2020 8:00am Jun 30, 2020 8:00am
...v.bullish 1hr and 2hr closes now.
Trader with an Edge.
  • #532,068
  • Jun 30, 2020 8:01am Jun 30, 2020 8:01am
Quoting Theoak
long target 30 pips
shorting
Don't trade what you think. Just what you see!!!
  • #532,069
  • Jun 30, 2020 8:02am Jun 30, 2020 8:02am
....you gotta love this forex game ! 'She's a cruel mistress - cruel but kind.' (Peter Cook)
Trader with an Edge.
  • #532,070
  • Jun 30, 2020 8:02am Jun 30, 2020 8:02am
Who knows, may be able to pull the trigger on BUY GBPUSD later on today hopefully
  • #532,071
  • Jun 30, 2020 8:03am Jun 30, 2020 8:03am
Quoting Headland
....you gotta love this forex game ! 'She's a cruel mistress - cruel but kind.' (Peter Cook)
For most traders its cruel and not kind
  • #532,072
  • Jun 30, 2020 8:05am Jun 30, 2020 8:05am
Quoting SFundamental
Buying from 3pm 1.23500 resistance then 1.23650
TP2 hit- bang on London close
Attached Image (click to enlarge)
Click to Enlarge Name: Cable.png Size: 99 KB
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #532,073
  • Jun 30, 2020 8:06am Jun 30, 2020 8:06am
Quoting Theoak
{quote} shorting
out this can loads more
Don't trade what you think. Just what you see!!!
  • #532,074
  • Jun 30, 2020 8:07am Jun 30, 2020 8:07am
Quoting mkvy
{quote} For most traders its cruel and not kind
i must admit..today, this what i've chosen to see

goodluck everyone
  • #532,075
  • Jun 30, 2020 8:08am Jun 30, 2020 8:08am
50 h+l+c band with 200 ema in 1m chart
Attached Image (click to enlarge)
Click to Enlarge Name: gum1.png Size: 37 KB
yes yes yes
  • #532,076
  • Jun 30, 2020 8:09am Jun 30, 2020 8:09am
Fundamentally - for me the question is is this the start of the traditional 'summer range' or with everything that is going on and less traders on summer hols will it be different ? Summer ranges can hurt swing traders on the bigger t/f's.

...very o/b certainly up to 30min but I can't remember who it was that said ' a market can stay o/b or o/s longer than you have margin in your a/c ' lol.
Trader with an Edge.
  • #532,077
  • Jun 30, 2020 8:09am Jun 30, 2020 8:09am
Quoting Headland
Congratulations to the 'rangers.' Speaking of which - there is a 30.68% of price going beyond the 30 day adr of 119pips based on last 365 days...currently at 107. 38.2% of the 2542-2251 swing down/61.8% 2436 - 2251 at top of this 4 fib cluster right at the current dly hi.
Tuesdays range has been reached Average is 105 to 110pips.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot at Jun 30 15-08-32.png Size: 66 KB
Le$$ I$ More
  • #532,078
  • Jun 30, 2020 8:12am Jun 30, 2020 8:12am
Quoting Moty
50 h+l+c band with 200 ema in 1m chart {image}
Moty wants to recover all loses .. nice Boss
Le$$ I$ More
  • #532,079
  • Jun 30, 2020 8:14am Jun 30, 2020 8:14am
Quoting akhmadixmail
{quote} i must admit..today, this what i've chosen to see goodluck everyone
I admit i took profit too early on the sell. But im glad i did... cant imagine how many were in huge profitable sell trades, then come back to check, only to see everthing taken back. Whats up with the pound anyway. Why so bullish, i think the government really want the rate to be 1p to 1$
  • #532,080
  • Jun 30, 2020 8:18am Jun 30, 2020 8:18am
Quoting mkvy
{quote} I admit i took profit too early on the sell. But im glad i did... cant imagine how many were in huge profitable sell trades, then come back to check, only to see everthing taken back
exactly what happened right in front of my eyes. thankfully i've drawn more than i left.
back to drawing board.
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