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Cable Update (GBPUSD)

  • #533,241
  • Jul 6, 2020 9:27am Jul 6, 2020 9:27am
Quoting navk
I took some loss, 1 % gone from what I made earlier. Now free chart, can take trades based on NY move.
1 % loss which i took , now made it back.

so 7.6 % until now.
Intraday only.
  • #533,242
  • Jul 6, 2020 9:31am Jul 6, 2020 9:31am
GU will be up very soon, Safe trade
Damage
  • #533,243
  • Jul 6, 2020 9:34am Jul 6, 2020 9:34am
Quoting abconqq7
GU will be up very soon, Safe trade
Hopefully starting Wed.....
Lost....
  • #533,244
  • Jul 6, 2020 9:34am Jul 6, 2020 9:34am
Still within the channel.
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Patience and Discipline.
  • #533,245
  • Jul 6, 2020 9:35am Jul 6, 2020 9:35am
...price @ the confluence of the breeched 4hr desc t/line and steepest 1hr/4hr asc t/line.....y/day hi, mthly pivot, 38.2% fri lo-mon current hi....under attack - last 30min candle v.bearish again.
Trader with an Edge.
  • #533,246
  • Edited 10:21am Jul 6, 2020 9:42am | Edited 10:21am
Finally am done for today with 4% after having trades that took away my early profits today. More grace to you all.
Remember to be courageous even when your have a losing day .
If God can ask us to be courageous then it means we need it especially when it seems like it's rough

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THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #533,247
  • Jul 6, 2020 9:42am Jul 6, 2020 9:42am
I earned hard today.
SCALP WIN
  • #533,248
  • Jul 6, 2020 9:49am Jul 6, 2020 9:49am
...current 1hr below with bull reg div on lower t/f's and 10/15min hidden bull div at the pullback lo there too...a prev 1hr/2hr/4hr sw hi and 1hr/2hr sw lo zone....move has at least put a hole in the bullish tone of the day though so far ...Anyways, all done again so catch you at London open tomorrow.
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Trader with an Edge.
  • #533,249
  • Jul 6, 2020 9:52am Jul 6, 2020 9:52am
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yes yes yes
  • #533,250
  • Jul 6, 2020 9:52am Jul 6, 2020 9:52am
Quoting martinez1
Finally am done for today with 4% after have trades that took away my early profits today. More grace to you all and God. Remember to be courageous even when your have a losing day . If you God can ask us to be courageous then it means we need especially when it seems like it's rough {image}
Not sure why God is coming here. I believe he would be against gambling.
  • #533,251
  • Jul 6, 2020 9:58am Jul 6, 2020 9:58am
short 1.2513
SCALP WIN
  • #533,252
  • Jul 6, 2020 9:59am Jul 6, 2020 9:59am
Totally no clue what is going on today
  • #533,253
  • Jul 6, 2020 10:00am Jul 6, 2020 10:00am
Quoting Wavegarrick
{quote} Hi Guys, Just entered a buy trade. Stop loss 50 pips. trafe safe. Cheers {image}
Oki Doki,

I do not have sell confirmation at all, but do suspect at some point for my weekly pivot at 1.24173 to be tested. All buy trades locked in.

At any rate, will update when I get sell confirmation.

Have a great week
Cheers.
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Trade to trade another day
  • #533,254
  • Jul 6, 2020 10:07am Jul 6, 2020 10:07am
Got in on some longs now +10% day!!!!
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  • #533,255
  • Jul 6, 2020 10:12am Jul 6, 2020 10:12am
Lots and lots of positions
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  • #533,256
  • Jul 6, 2020 10:16am Jul 6, 2020 10:16am
Obviously, long term - traders are selling the dollar and getting into risk currencies - Aussie, Kiwi and the Pound
I know that they also like the Euro
The main reason for this is that the Fed have cut interest rates so aggressively- they are now looking for new places for their money
Other currencies to look at are the Rubble and the Mexican Peso - assuming that we get out of this pandemic
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #533,257
  • Jul 6, 2020 10:20am Jul 6, 2020 10:20am
Quoting ongtrumvn99
short 1.2513
money to the account.
SCALP WIN
  • #533,258
  • Jul 6, 2020 10:22am Jul 6, 2020 10:22am
Quoting joesherwood
Lots and lots of positions {image}
Hey, what indicators do you use on your charts, if you don't mind me asking.
  • #533,259
  • Jul 6, 2020 10:32am Jul 6, 2020 10:32am
Quoting Forex.z1
{quote} Hey, what indicators do you use on your charts, if you don't mind me asking.
Looks like bollinger bands and some MA's, could be wrong though.
  • #533,260
  • Jul 6, 2020 10:33am Jul 6, 2020 10:33am
Quoting manuforex
{quote} Not sure why God is coming here. I believe he would be against gambling.
Hahahahahahahaahaha, i have read this argument many times in different forums, threads.etc. and the funny thing is that i don't post or make a lot's of comments in threads and forums, i prefer to read and keep my points to myself ( for e.g have been here for over a decade but look at my post and replies they are very few) but i think for this one i will take exception and reply.

So let me ask you is trading really gambling to you? Well to me is not,
have you ever thought of what will happen if we had no exchange market?? if there was no one to take pounds and give you dollars? it is simple as that.... Cheers
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
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