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Cable Update (GBPUSD)

  • #532,721
  • Jul 2, 2020 1:40pm Jul 2, 2020 1:40pm
Quoting elbert3
2493 is 11% just a note
i am looking at another chart ...different system, Actually that jump was for short.

look at this.
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Intraday only.
  • #532,722
  • Jul 2, 2020 1:41pm Jul 2, 2020 1:41pm
Quoting WizardTrade
{quote} The arrogance or pride is not ALL the TIMES explicit it can be implicit as well. The way you said it was more implying in its sense as if you were invincible "no one has lost following me". Keep up the good work pal. Nobody can be perfect as To Err is Human. TW
I threw a joke out of it and took it as a pinch of salt... But now overblown. I'm out of here
Data + Stat + Risk/Emotions Management
  • #532,723
  • Jul 2, 2020 1:41pm Jul 2, 2020 1:41pm
20:39 (US) California reports new COVID-19 cases 4,056 v 9,740 d/d; total cases rise +1.7% d/d (v 7-day avg of +6.3%) - Total cases at 240,195 from 236,139 d/d - Source TradeTheNews.com
Life is great!!
  • #532,724
  • Jul 2, 2020 1:47pm Jul 2, 2020 1:47pm
i can't decide if the last bulls run is a 12345 Elliot waves or a corrective abs waves
either way i put all my tp at 1.24400
want to sleep careless tonight
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yes yes yes
  • #532,725
  • Jul 2, 2020 1:58pm Jul 2, 2020 1:58pm
Quoting despichtt
Scalp the 100DMA with a small bit of divergence. If its not gonna pay out Im gonna burry the krep line as its of little value most of the time {image}
New trader here since lockdown U.K... opened £100 ac lost 50% topped it up was down to £30. Ish now creeping up gradually many thanks to everyone at forex factory but I think I’m a scalper at heart
  • #532,726
  • Jul 2, 2020 1:59pm Jul 2, 2020 1:59pm
Go up. Yellah!
Life is great!!
  • #532,727
  • Jul 2, 2020 2:06pm Jul 2, 2020 2:06pm
Quoting Georginson
{quote} I threw a joke out of it and took it as a pinch of salt... But now overblown. I'm out of here
Keep up the good work. You put a lot of effort into your trades. If you can't enjoy it when the times are good then when can you enjoy it. I only have full respect for you .You can bath in the sunshine of success on my watch anytime. May the sun shine on you for a long time brother!!!
Don't trade what you think. Just what you see!!!
  • #532,728
  • Jul 2, 2020 2:08pm Jul 2, 2020 2:08pm
EG support still holding...unless 9000 breaks, 9100 is coming. Good RR ratio, with only 10-15 pips above 9000.

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Everyone can see the chart, but only a few can actually read it.
  • #532,729
  • Jul 2, 2020 2:09pm Jul 2, 2020 2:09pm
Quoting Hilts
{quote} New trader here since lockdown U.K... opened £100 ac lost 50% topped it up was down to £30. Ish now creeping up gradually many thanks to everyone at forex factory but I think I’m a scalper at heart
I suggest you to stay away from GBP pairs, they are very volatile, and can cause bad surprises.
If you get some profit, that can only be luck. Profit comes after minimum of 1 year learning ... imho
  • #532,730
  • Jul 2, 2020 2:12pm Jul 2, 2020 2:12pm
Quoting Georginson
{quote} I'm not in anyway a fan of pride.
i always have lots of fun during pride.
in wondering about yourself, you forgot what you came here to be part of
  • #532,731
  • Jul 2, 2020 2:17pm Jul 2, 2020 2:17pm
Quoting Georginson
{quote} So where is the pride or arrogance shown in what I typed? So nothing wrong in the sentence 'do not follow blindly'?. I'm not in anyway a fan of pride.
Read your post again i sure you will find it.

Also i mentioned that you also had good scores .

No one perfect,its part of us being humans.

Take care man.
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #532,732
  • Jul 2, 2020 2:24pm Jul 2, 2020 2:24pm
I just closed seeing all green


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Life is great!!
  • #532,733
  • Jul 2, 2020 2:34pm Jul 2, 2020 2:34pm
M30 chart

2467 the bulls return
2460 the bears push thru

dead in the water right now
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in wondering about yourself, you forgot what you came here to be part of
  • #532,734
  • Jul 2, 2020 2:34pm Jul 2, 2020 2:34pm
Just back at desk updating supp/res charts ahead of London open tomorrow.....So depending on tomorrow's daily candle we could see a 3rd fractal LH on the daily chart (see chart below,) as price pulls back from the previous sw hi zone created by that last LH to 2543....is this the continuation of the daily t/f downtrend or is it just a 'damaged' uptrend on 1hr/2hr/4hr ? as all see L's below at least one x last HL's in the move down/pullback. Not a disaster for the bulls (so far) though as support seems to have been found at the top of the prev 1hr/2hr/4hr sw hi zone = prev res that extends down to 2444 and has at it's base the 50% of 2358-2530. The 1st 3 fib cluster of the major swings up from and including current weekly lo of 2251 to current wkly hi of 2530 is 2423-25. Daily could well close as some kind of inverted pinbar ?
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Trader with an Edge.
  • #532,735
  • Jul 2, 2020 2:52pm Jul 2, 2020 2:52pm
Here's reason for today's move. Price moved nicely into 1h liq level and reaction.
I was short at yellow box. I see 1.24170 area for tomorrow should hit
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"Anger clouds the mind. Turned inward, it is an unconquerable enemy."
  • #532,736
  • Jul 2, 2020 2:54pm Jul 2, 2020 2:54pm
Quoting Coreg2004
{quote} ...and me only... {image}
Let's add timing to our trades and see how it comes out...
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Always trade your own plan...I don't provide trading signals.
  • #532,737
  • Jul 2, 2020 2:59pm Jul 2, 2020 2:59pm
let's look at other instruments to get second opinion
sp is against the dollar , and if it drooped , the dollar should go up , and the gu should drop
eg is the opposite correlation of gu
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yes yes yes
  • #532,738
  • Jul 2, 2020 3:00pm Jul 2, 2020 3:00pm
50% of 2251-2530 @ 2390 a likely 1st downside target for the bears ?
Trader with an Edge.
  • #532,739
  • Edited 3:16pm Jul 2, 2020 3:02pm | Edited 3:16pm
..
Life is great!!
  • #532,740
  • Jul 2, 2020 3:08pm Jul 2, 2020 3:08pm
Dear, wrong thread..
Life is great!!
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Ahsan