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Cable Update (GBPUSD)

  • #533,361
  • Jul 7, 2020 2:38am Jul 7, 2020 2:38am
Come on Bear u can do it...push more down..push it
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https://investizo.com/investment/view?server=1&login=2141779119
  • #533,362
  • Jul 7, 2020 2:43am Jul 7, 2020 2:43am
Quoting ongtrumvn99
target 1.2487 - 1.2450 {image}
1.2487 (TP1) >>>>1.2467>>>>>>>> waiting (1.2450 )
SCALP WIN
  • #533,363
  • Jul 7, 2020 2:52am Jul 7, 2020 2:52am
Quoting Traderview
Sold @1.2497 TP 1.2438 SL 30 pips
Still holding. As long as no 4hr closes above 1.2491, the shorts are fine.
  • #533,364
  • Jul 7, 2020 2:55am Jul 7, 2020 2:55am
Attached Image (click to enlarge)
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yes yes yes
  • #533,365
  • Jul 7, 2020 3:00am Jul 7, 2020 3:00am
...1hr bullish bodied hammer close
Trader with an Edge.
  • #533,366
  • Jul 7, 2020 3:01am Jul 7, 2020 3:01am
Added another long here
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Click to Enlarge Name: GU.gif Size: 41 KB
  • #533,367
  • Jul 7, 2020 3:29am Jul 7, 2020 3:29am
Quoting OnlineAddict
{quote} Yeah, I think so...they got it right with that one. I will just wait for good short opportunities above 2500...ideally above 2550.
The short lines have gone now . But we will watch with interest
  • #533,368
  • Jul 7, 2020 3:32am Jul 7, 2020 3:32am
COT report is showing more buying....give me a dip so i can buy into it
COT: The precious data ignored
  • #533,369
  • Jul 7, 2020 3:33am Jul 7, 2020 3:33am
Please consider taking a look at my Weekly Market Update.
I provide trading ideas with potential stops and targets.

DXY starts at 0:03.
GBP/USD starts at 10:40.

I upload weekly analysis every Sunday and daily analysis from TUE to FRI.




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  • #533,370
  • Jul 7, 2020 3:35am Jul 7, 2020 3:35am
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not euphoria follower
  • #533,371
  • Jul 7, 2020 3:36am Jul 7, 2020 3:36am
...3 and 5min hidden div (timed as a 1 or 2min reg div entry) caught the short from the prev 1hr/2hr sw lo zone = prev supp...will we see a new lo ? 1hr below. Don't think the bulls have given up and gone home just yet. Can see the hidden bearish div as price made a LH at that pot supp becomes res zone mentioned and shown here.
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Trader with an Edge.
  • #533,372
  • Jul 7, 2020 3:50am Jul 7, 2020 3:50am
Quoting elbert3
{quote} The short lines have gone now . But we will watch with interest
To me H4 and D1 look very bearish...but still early in the week, so just watching. GU is too risky to trade at this point, safer on thursday-friday.
Everyone can see the chart, but only a few can actually read it.
  • #533,373
  • Jul 7, 2020 3:54am Jul 7, 2020 3:54am
...finishing my trading session here. Some nice swings even in a tight pip range so far today (41.4% of 30 day adr travelled so far today.) Final look at 4hr below. Will be back later to update supp/res charts and may trade a bit more if it's lively.
Attached Image (click to enlarge)
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Trader with an Edge.
  • #533,374
  • Jul 7, 2020 3:56am Jul 7, 2020 3:56am
Quoting Mykamran
I think the price maybe drop down because I have not see any power at MACD.
Lol buy at 1.244
  • #533,375
  • Jul 7, 2020 4:00am Jul 7, 2020 4:00am
GU going to 1.2420 (weekly Pivot)
  • #533,376
  • Jul 7, 2020 4:03am Jul 7, 2020 4:03am
Quick scalp short in at 1.2470 target 10 pips
Don't trade what you think. Just what you see!!!
  • #533,377
  • Jul 7, 2020 4:05am Jul 7, 2020 4:05am
It will break
Attached Image (click to enlarge)
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yes yes yes
  • #533,378
  • Jul 7, 2020 4:07am Jul 7, 2020 4:07am
Quoting OnlineAddict
{quote} To me H4 and D1 look very bearish...but still early in the week, so just watching. GU is too risky to trade at this point, safer on thursday-friday.
How long did it take you to resist the "urge" to jump straight into trades when you were 50/50. Would you usually refrain from logging in until you had your desired setup?

Interested to know
  • #533,379
  • Jul 7, 2020 4:11am Jul 7, 2020 4:11am
Quoting JayBag
Good Day Everyone, I barely post here .. I have this idea to long GU but not yet.. If we close below MA20 on H1, I will stack really juicy short for the level marked below. The main idea is to long it there.. I believe we have an upcoming bull impulse.. Let's see how it goes. StaySafe {image}
Currently stacked up..
Nothing major, just small lots trying to piss my broker off..

Anyway, I will stop here and let it run (If they let it run)
This is when I get really bored.

Let's see how it goes..
StaySafe
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.rH1.png Size: 79 KB
  • #533,380
  • Jul 7, 2020 4:12am Jul 7, 2020 4:12am
Quoting Torzone
{quote} How long did it take you to resist the "urge" to jump straight into trades when you were 50/50. Would you usually refrain from logging in until you had your desired setup? Interested to know
I am not sure if I understood your question, but when it comes to GU, I may have many setups in my head during the week...but I am trying to resist them to wait for the best possible setups. And those mostly come on fridays or mondays. Sometimes thursdays.
Everyone can see the chart, but only a few can actually read it.
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