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Cable Update (GBPUSD)

  • #532,141
  • Jun 30, 2020 2:25pm Jun 30, 2020 2:25pm
Quoting tomiko
{quote} aiming below 1.2 mate?
I like watching all the retail traders take profit after 5 hours of being in profit, then planning next strategy before bedtime. If everyone takes profit now, the price will drop and i can buy at a better position, PLease TP
  • #532,142
  • Jun 30, 2020 2:28pm Jun 30, 2020 2:28pm
Retail very short...

Attached Image
COT: The precious data ignored
  • #532,143
  • Jun 30, 2020 2:30pm Jun 30, 2020 2:30pm
Current hi of today just above Monday's hi and in that prev 2hr/4hr sw lo zone that likely extends up to circa 2405/10 being prev supp. Weekly pivot in there at circa 2398....also the 50% of 2542-2251 at that price. 76.4% of the 2464-2251 a pip or so above today's current dly hi. Big dent in the 2hr/4hr downtrend now with a H above last 2 x LH's on those t/f's. Daily downtrend remains okay so long as it's last 2542 LH remains good. 1Hr has seen a L,LH,LL,LH,HL and H as it's last fractal swings in the big move off the 1hr/2hr/4hr prev sw lo zone leading down to mon lo.

EMA's have shifted a bit, now 5 and 15min 20/50/100 are all crossed up but 30min is neutral and 1hr + remain crossed down at the moment.

Week so far still only at 40% of the 26 week (1/2 year) awr which is 347pips....so plenty of scope either way in this respect.
Trader with an Edge.
  • #532,144
  • Jun 30, 2020 2:35pm Jun 30, 2020 2:35pm
Quoting Headland
Current hi of today just above Monday's hi and in that prev 2hr/4hr sw lo zone that likely extends up to circa 2405/10 being prev supp. Weekly pivot in there at circa 2398....also the 50% of 2542-2251 at that price. 76.4% of the 2464-2251 a pip or so above today's current dly hi. Big dent in the 2hr/4hr downtrend now with a H above last 2 x LH's on those t/f's. Daily downtrend remains okay so long as it's last 2542 LH remains good. 1Hr has seen a L,LH,LL,LH,HL and H as it's last fractal swings in the big move off the 1hr/2hr/4hr prev sw lo zone...
I'll take that as a buy trade
  • #532,145
  • Jun 30, 2020 2:39pm Jun 30, 2020 2:39pm
Quoting mkvy
{quote} I'll take that as a buy trade
Lol...honestly I have no idea till I see how 'the land lies' at London open tomorrow and if/when I get a set-up...I generally finish each trading session flat and squared. G/L with your trade.
Trader with an Edge.
  • #532,146
  • Jun 30, 2020 2:40pm Jun 30, 2020 2:40pm
Quoting kuroro001
Retail very short... {image}
Pufferfish long since London open
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  • #532,147
  • Jun 30, 2020 2:42pm Jun 30, 2020 2:42pm
Quoting Headland
{quote} Lol...honestly I have no idea till I see how 'the land lies' at London open tomorrow and if/when I get a set-up...I generally finish each trading session flat and squared. G/L with your trade.
I normally leave my trades for days and days.. I also trade with no candles at all. Candles are a veil of truth. They were invented to hide the truth, and turn traders into emotional wrecking balls

Buying Now , 145 pip stoploss
  • #532,148
  • Jun 30, 2020 2:50pm Jun 30, 2020 2:50pm
Quoting mkvy
{quote} I normally leave my trades for days and days.. I also trade with no candles at all

Yeh I've read your posts in that regard. I tend to realise my gains more quickly than that but sometimes let them run for longer but rarely overnight. I'm on the smaller t/f's and my edge is designed to capture the 'intraday swings' which of course like the lo of today sometimes turn into moves that run and run which can be a sickener to watch but they generally give hi-prob ways back in. That move up was just starting as I finished my session this morning so closed for +11 on that and when I came back this afternoon I got a way back in at 1525pm after a pullback and again at 1600pm London time which I let run for more, and also 2 x shorts. It's whatever works - and this works for me. I've been doing it a long while now.
Trader with an Edge.
  • #532,149
  • Jun 30, 2020 2:54pm Jun 30, 2020 2:54pm
i removed my sl , i can take another 10 pips lose i necessary
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yes yes yes
  • #532,150
  • Jun 30, 2020 2:54pm Jun 30, 2020 2:54pm
Do you really have the time to watch all the retail traders?...How many hours of watching are involved?

KP

Quoting mkvy
{quote} I like watching all the retail traders take profit after 5 hours of being in profit....
Do your homework, follow the footprints of smart money
  • #532,151
  • Jun 30, 2020 2:54pm Jun 30, 2020 2:54pm
Quoting mkvy
{quote} I normally leave my trades for days and days.. I also trade with no candles at all. Candles are a veil of truth. They were invented to hide the truth, and turn traders into emotional wrecking balls Buying Now , 145 pip stoploss
nonsense. I took this trade based on a candle. Candles can be used in combination with other methods as well.
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  • #532,152
  • Jun 30, 2020 2:55pm Jun 30, 2020 2:55pm
Quoting knkie
yummy buy more 2380 long M30 now. price has moved wonderfully thru the frames. Reversed on M5, then M15 and now working its way thru m30.
added buy 2388

not a single losing trade today
in wondering about yourself, you forgot what you came here to be part of
  • #532,153
  • Jun 30, 2020 3:08pm Jun 30, 2020 3:08pm
Quoting KeenPips
Do you really have the time to watch all the retail traders?...How many hours of watching are involved? KP {quote}
Its raining outside
  • #532,154
  • Jun 30, 2020 3:10pm Jun 30, 2020 3:10pm
I hope today's asian session will be fun, its the first day of a new month, something crazy could happen.

I wish I didn't close my GU long so early...so the market better give me another opportunity!
Everyone can see the chart, but only a few can actually read it.
  • #532,155
  • Jun 30, 2020 3:11pm Jun 30, 2020 3:11pm
gbpusd buy
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  • #532,156
  • Jun 30, 2020 3:25pm Jun 30, 2020 3:25pm
Attached Image
Everyone can see the chart, but only a few can actually read it.
  • #532,157
  • Jun 30, 2020 3:30pm Jun 30, 2020 3:30pm
Quoting shahab8b
GBPUSD, setup to load more long trade on a possible retest of the double bottom neckline {image}
you are too much. I salute you, sir.
Le$$ I$ More
  • #532,158
  • Jun 30, 2020 3:34pm Jun 30, 2020 3:34pm
Inserted Video
not euphoria follower
  • #532,159
  • Jun 30, 2020 3:36pm Jun 30, 2020 3:36pm
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we have our first 1 hour breakout and confirm I would say . So can it break the tl at 2425 area ??
  • #532,160
  • Jun 30, 2020 3:38pm Jun 30, 2020 3:38pm
Quoting despichtt
{quote} Dear , I looked up into your stats. Saw some astonishing 700+ ignored persons. You're some bad ass yourself as well dude lol

I dont care taking something personal at all but it would be nice seeing you deliver on your view regarding cable as well
Hi

I used to help people, post a chart, give advice, put info.

Noone cared

Now I don't bother to help. Just enjoying myself. My trading is to sell higher. Simple



Green pips friends.
Beware of robber banks (RB), bad advisors.
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