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Cable Update (GBPUSD)

  • #533,501
  • Jul 7, 2020 8:23am Jul 7, 2020 8:23am
Quoting navk
taking my first short at 2530.
Why buddy?
it just break current rejection area,
why short now?
PA Return This Week: na
  • #533,502
  • Jul 7, 2020 8:25am Jul 7, 2020 8:25am
Quoting LeongPuiy
{quote} Why buddy? it just break current rejection area, why short now?
there is 2550, I am aiming. But do not want to go long at this time.

And very small lot short, I took.
Intraday only.
  • #533,503
  • Jul 7, 2020 8:26am Jul 7, 2020 8:26am
Quoting navk
{quote} there is 2550, I am aiming. But do not want to go long at this time. And very small lot short, I took.
Bro my tp 1.26 then pullback 1.252 buy again
  • #533,504
  • Jul 7, 2020 8:27am Jul 7, 2020 8:27am
Quoting Mykamran
{quote} Bro my tp 1.26 then pullback 1.252 buy again
not sure today.

But who knows
Intraday only.
  • #533,505
  • Jul 7, 2020 8:27am Jul 7, 2020 8:27am
Quoting navk
{quote} in this waiting time, I can blow at least 3 to 4 accounts. ha..ha... so take a trade right now, And be with me.
I sold nasdaq since yesterday, so I have a business today ... this day trade is better than swing trade.

these consolidate points calculated sometimes add up to more than a trend price...

but I got tired of selling and buying last month haha so i'm waiting now.
  • #533,506
  • Jul 7, 2020 8:29am Jul 7, 2020 8:29am
Quoting Marcieny
{quote} I sold nasdaq since yesterday, so I have a business today ... this day trade is better than swing trade. these consolidate points calculated sometimes add up to more than a trend price... but I got tired of selling and buying last month haha so i'm waiting now.
yeah..yeah. wait, wait.

There is another meaning for wait.

SIDELINES.

Intraday only.
  • #533,507
  • Jul 7, 2020 8:32am Jul 7, 2020 8:32am
My view for the moment: picture of fake breakout! i still see it for shorting! " short term view".
  • #533,508
  • Jul 7, 2020 8:33am Jul 7, 2020 8:33am
if s&p will drop then the dx will rise then the gu will drop
Attached Image(s) (click to enlarge)
Click to Enlarge Name: s&p.png Size: 30 KB
Click to Enlarge Name: gu1.png Size: 25 KB
yes yes yes
  • #533,509
  • Jul 7, 2020 8:35am Jul 7, 2020 8:35am
I feel it will hit the strong resistance at 12250-12260 then head south, probably down to 12200 or lower
  • #533,510
  • Jul 7, 2020 8:36am Jul 7, 2020 8:36am
Quoting LeongPuiy
{quote} Why buddy? it just break current rejection area, why short now?
Pull back on your chart a bit (bigger time frame)... Not broken 1.2545
Don't trade what you think. Just what you see!!!
  • #533,511
  • Jul 7, 2020 8:39am Jul 7, 2020 8:39am
Quoting Moty
if s&p will drop then the dx will rise then the gu will drop {image} {image}
Has a great chance of filling the gap below first before Trump's election..

If the uk 100 index also falls, the gu also strengthens then maybe.
  • #533,512
  • Jul 7, 2020 8:43am Jul 7, 2020 8:43am
closed my GU buys I had. Shorts dont look to good right now. We could have some more upside. Would rather enter confidently then blindly
entered EU shorts, closed already. Just a few scalps today. up 1% for now.... only risk .25 per trade
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-07-07_9-38-12.png Size: 29 KB
"Anger clouds the mind. Turned inward, it is an unconquerable enemy."
  • #533,513
  • Jul 7, 2020 8:45am Jul 7, 2020 8:45am
Quoting Marcieny
{quote} Has a great chance of filling the gap below first before Trump's election
I too have now decided to wait like you.

Sidelines.



I will attack this after 1 PM EST.
Intraday only.
  • #533,514
  • Jul 7, 2020 8:46am Jul 7, 2020 8:46am
Quoting navk
{quote} I too have now decided to wait like you. Sidelines. I will attack this after 1 PM EST.
Hahaha Ok
  • #533,515
  • Jul 7, 2020 8:47am Jul 7, 2020 8:47am
We may touch 1.27xxx in this wave. I might be wrong. Trade Safe.

TW


PS: My first TP is 1.257xx
WARNING: This post warps space and time in its vicinity.
  • #533,516
  • Jul 7, 2020 8:51am Jul 7, 2020 8:51am
Quoting Moty
if s&p will drop then the dx will rise then the gu will drop {image} {image}
Your broker loves you. All that spread you are giving them with about 1000 trades. Why not just one bigger trade
  • #533,517
  • Jul 7, 2020 8:53am Jul 7, 2020 8:53am
1h Gartley.
Attached Image (click to enlarge)
Click to Enlarge Name: 1h Gartley.jpg Size: 157 KB
Patience and Discipline.
  • #533,518
  • Jul 7, 2020 8:56am Jul 7, 2020 8:56am
Quoting Theoak
{quote} Pull back on your chart a bit (bigger time frame)... Not broken 1.2545
Break now, next 2580
PA Return This Week: na
  • #533,519
  • Jul 7, 2020 8:56am Jul 7, 2020 8:56am
FOR SCALP... sell at 1.2557 target 1.2522...stop not defined.
Data + Stat + Risk/Emotions Management
  • #533,520
  • Jul 7, 2020 8:59am Jul 7, 2020 8:59am
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.
Safer to short now...
Everyone can see the chart, but only a few can actually read it.
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