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Cable Update (GBPUSD)

  • #533,681
  • Jul 7, 2020 3:32pm Jul 7, 2020 3:32pm
For me just under +3% Today making it +13% for their week. So so pleased. Still got 2 trades running from daily high. SL at +10 for both.

not posting as much as sadly seeing a lot of arguments so not really in the mood to keep chatting throughout day.

stay safe all, wish you a profitable rest of the week.


Joe
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  • #533,682
  • Jul 7, 2020 3:33pm Jul 7, 2020 3:33pm
Taken long at 12540, SL 20 pips. Pivot will be around 12530 tomorrow so hoping we bounce off of that. Target previous highs.
  • #533,683
  • Jul 7, 2020 3:33pm Jul 7, 2020 3:33pm
Quoting gespiri
{quote} It's not done yet IMO, since the 61.8 fib hasn't been hit. We'll see tomorrow during NY time.
ok senior. I will be watching with a keen eye. thanks for the heads up. you are the best.
Le$$ I$ More
  • #533,684
  • Jul 7, 2020 3:36pm Jul 7, 2020 3:36pm
A daily close below tomorrow's pivot will invalidate my long and I may enter short to S1. We will see!
  • #533,685
  • Jul 7, 2020 3:38pm Jul 7, 2020 3:38pm
Quoting joesherwood
For me just under +3% Today making it +13% for their week. So so pleased. Still got 2 trades running from daily high. SL at +10 for both. not posting as much as sadly seeing a lot of arguments so not really in the mood to keep chatting throughout day. stay safe all, wish you a profitable rest of the week. Joe {image} {image}
Good job bud.
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  • #533,686
  • Jul 7, 2020 3:39pm Jul 7, 2020 3:39pm
Quoting Roszey
{quote} ok senior. I will be watching with a keen eye. thanks for the heads up. you are the best.
I'm just trying my best like you and most people here......
Lost....
  • #533,687
  • Jul 7, 2020 3:40pm Jul 7, 2020 3:40pm
Quoting gespiri
{quote} I'm just trying my best like you and most people here......
Keep up the good work. Let the party continue.
WARNING: This post warps space and time in its vicinity.
  • #533,688
  • Jul 7, 2020 3:45pm Jul 7, 2020 3:45pm
Quoting Georginson
FOR SCALP... sell at 1.2557 target 1.2522...stop not defined.
Scalp Call... Manually close this transaction
Data + Stat + Risk/Emotions Management
  • #533,689
  • Jul 7, 2020 3:48pm Jul 7, 2020 3:48pm
Quoting Georginson
{quote} Scalp Call... Manually close this transaction
Didn't we hit the 2592 stop ? Or you removed it?
COT: The precious data ignored
  • #533,690
  • Jul 7, 2020 3:51pm Jul 7, 2020 3:51pm
Quoting Georginson
{quote} Maximum daily range in the last 15 trading days is 153 pips... Today's range so far is 116 pips... As far as low is unbroken, maximum attainable price today is 1.2612, so putting a stop loss at 1.2592 levels makes it somewhat illogical. The psychological reason for use of stop may be attributed to non clarity of where the risk lies and excessive lot size. You might ignore stop loss usage for the above entry and close entry wherever the price ends for today.
Stop loss was removed... The above is earlier post, stating reason for removal of stop loss
Data + Stat + Risk/Emotions Management
  • #533,691
  • Jul 7, 2020 4:09pm Jul 7, 2020 4:09pm
i'm out.
little loss .
now looking for this
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yes yes yes
  • #533,692
  • Jul 7, 2020 4:14pm Jul 7, 2020 4:14pm
Quoting Moty
i'm out. little loss . now looking for this {image}
Bullish pin bars in Asian session will be the key to pop in on the PA. Goodluck mate. Neither everyday is a Sunday nor everyday is a Monday

More green pips to you today.

TW
WARNING: This post warps space and time in its vicinity.
  • #533,693
  • Jul 7, 2020 4:17pm Jul 7, 2020 4:17pm
Quoting Moty
i'm out. little loss . now looking for this {image}
I like your comment.
I will not lose money today.I will be responsible,disciplined and patient
  • #533,694
  • Jul 7, 2020 4:20pm Jul 7, 2020 4:20pm
My view on GBPUSD,

https://www.tradingview.com/x/JiQ9DUQQ/
  • #533,695
  • Jul 7, 2020 5:13pm Jul 7, 2020 5:13pm
Quoting Coreg2004
{quote} Moty, please choose the setup TF, and stick to it just for one week and you will see the big difference in your P&L. Of course, you will have different scenarios on other TF's but this shouldn't have any influence on your decisions... Green zone has to hold to be set up for W(iv){image}

good point...i use only daily and 1hr tf....different tf different setup/.
MY OPINION NOT FINANCIAL ADVISE
  • #533,696
  • Jul 7, 2020 5:24pm Jul 7, 2020 5:24pm
Quoting donfriday
{quote} good point...i use only daily and 1hr tf....different tf different setup/.
donfriday, yeah, different risk tolerance (endurance for pain...), MM, lot size, triggers, stop loss, target or trail...and on and on...
Always trade your own plan...I don't provide trading signals.
  • #533,697
  • Jul 7, 2020 5:31pm Jul 7, 2020 5:31pm
Quoting donfriday
look for a wave down back to 2530-20 50sl 150tp

we have to risk to gain...i am in ...let see how it play.
MY OPINION NOT FINANCIAL ADVISE
  • #533,698
  • Jul 7, 2020 5:34pm Jul 7, 2020 5:34pm
For me, it looks like a healthy breakout of 1.2537 level in 4h chart..the next logical target is 1.2650-70..over this week i assume.
  • #533,699
  • Jul 7, 2020 5:58pm Jul 7, 2020 5:58pm
Quoting Moty
i'm out. little loss . now looking for this {image}
Price approaching a good buy area Moty, but be careful of 1.26-1.2630 area.
Personally, I don't think this is a spot to look for big home runs.
We have overstretched into some resistance, period of consolidation to come in my opinion.
I am wary of a bull trap if we break the 2592 high.
Compulsions can be hard to resist
  • #533,700
  • Jul 7, 2020 6:25pm Jul 7, 2020 6:25pm
Today's
Support & Resistance levels for EURO & CABLE on Meta Trader Templates

CABLE S/R
EURO S/R
EURO CONFULUENCE POWER ZONES

https://www.forexfactory.com/showthr...4#post13046964
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
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