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Cable Update (GBPUSD)

  • #533,721
  • Jul 7, 2020 11:59pm Jul 7, 2020 11:59pm
Quoting navk
{quote} As long as no one knows what lot size you trade... what is the issue with it? I just do not get you what you try to say. You may be scalper or swing trader. If the objective is known to people, they read you post accordingly. I read today, some one want to buy at 1.2300. Does it mean anything to new person unless if he elaborate he looks for some 500 pips ? or he feels 1.2300 is strong support to capture 30 pips ? Anyways, I am stopping at this. It all depends on individuals ... they must know that newbie should not loose is 1k. All of us...
I totally agree with this.... your not saying or giving a bad idea
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #533,722
  • Jul 8, 2020 12:03am Jul 8, 2020 12:03am
Quoting Aghostinplai
{quote} In summary: 1)the usual fight and the usual smooth talk by other forum users 2)moty lost some $ but he will be fine (honestly, we all have bad days) 3)I chickened out of a trade that could have made me big pips today.. lol
Hmmmm, Up till now i can't forgive myself over the No.3
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #533,723
  • Jul 8, 2020 12:07am Jul 8, 2020 12:07am
Quoting martinez1
{quote} I totally agree with this.... your not saying or giving a bad idea
I left to Individuals.

I said enough. Nothing more to add.

i will try not to influence anyone to trade my way or my direction.

I made it clear in the signature.

I am Intraday trader, scalper.

Frankfurt is to open in roughly 1 hr, let us concentrate in trading.

I am tired of this.
Intraday only.
  • #533,724
  • Jul 8, 2020 12:16am Jul 8, 2020 12:16am
Quoting Aghostinplai
Sold @ 1.2560 tp @ 1.2535
Close trade -4 pips
  • #533,725
  • Jul 8, 2020 12:20am Jul 8, 2020 12:20am
Quoting navk
{quote} In my view, 2570/2600 should resist today for a pullback towards 2474 S1. Let us see. see the chart. If the price goes close to 2600, then a retrace down to 2500 and not 2474 as I stated. {image}
Looking @12620 area for bear setup. IMO
  • #533,726
  • Jul 8, 2020 12:21am Jul 8, 2020 12:21am
people have different ways to adopt stop loss setting.

The current hourly high is 2566.

If I am short, my stop would be hourly high.
Intraday only.
  • #533,727
  • Jul 8, 2020 12:22am Jul 8, 2020 12:22am
Quoting Gilaforex13
{quote} Looking @12620 area for bear setup. IMO
I posted today morning.

A correction down to 2500 or 2474 is on the way if 2570 to 2600 is not broken.

Current hourly high 2566 is also important resistance.

IMO.
Intraday only.
  • #533,728
  • Jul 8, 2020 12:34am Jul 8, 2020 12:34am
if GU go down below 1.2500 i think i might go long again to target new high

i still think 1.26xx is possible just not sure if deep retracement will happen
  • #533,729
  • Jul 8, 2020 12:46am Jul 8, 2020 12:46am
Quoting mkvy
Kindergarden Trading "This chair is too big!" she exclaimed. So she sat in the second chair. "This chair is too big, too!" she whined. So she tried the last and smallest chair. "Ahhh, this chair is just right," she sighed. But just as she settled down into the chair to rest, it broke into pieces! {image}
My eldest is 10 in a couple of weeks. I'm trying to talk the wife into letting her control a £500 account. The odds aren't in my favour. "Ethics". "Gambling". BLAH BLAH but if get my way it'll be an interesting TE to keep an eye on!
Focus.
  • #533,730
  • Jul 8, 2020 12:46am Jul 8, 2020 12:46am
Almost..
BF
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot at Jul 07 20-20-58.png Size: 63 KB

AF
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot at Jul 08 05-43-10.png Size: 69 KB
Le$$ I$ More
  • #533,731
  • Jul 8, 2020 12:48am Jul 8, 2020 12:48am
Also just in case, cable tries to misbehave..
Last BUY wave..
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot at Jul 08 05-41-14.png Size: 92 KB
Le$$ I$ More
  • #533,732
  • Jul 8, 2020 12:55am Jul 8, 2020 12:55am
just woke up again.
nothing happened.
fo and lo will start the move
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 56 KB
yes yes yes
  • #533,733
  • Jul 8, 2020 12:56am Jul 8, 2020 12:56am
Looking for short. As long as i see no 4hr closes above 1.2576, i'll enter the next swing high.
  • #533,734
  • Jul 8, 2020 1:01am Jul 8, 2020 1:01am
Be careful of an equity market drop that could bring dollar up....
COT: The precious data ignored
  • #533,735
  • Jul 8, 2020 1:12am Jul 8, 2020 1:12am
Quoting Moty
just woke up again. nothing happened. fo and lo will start the move {image}
no offence
But You should that There is always some shake when FF and LO start, why dont wait after they shake and bake then enter at better price instead of fast jump in midway and hold float red then complaint about crook?
PA
  • #533,736
  • Jul 8, 2020 1:12am Jul 8, 2020 1:12am
Hello. The 15min hidden bullish hidden caught the drop from yesterday's hi at the pullback lo-2534 but there has been no sustained move north from it. Daily Pivot is @/around that pullback lo today. Daily has now seen a H (although not fractal yet) it will be at least above last 2 x LH's on that t/f putting a big dent in that t/f's downtrend. 1hr/2hr/4hr remain in general uptrends and currently all 20/50/100 ema's 5mmin - 4hr are crossed up. Some early London selling. Plenty of potential res becomes supp and supp on the way down ! Current 2hr chart is below. 2542-33 the 1st 3 fib cluster on the way down - if seen.

Have a good day.
Attached Image (click to enlarge)
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Trader with an Edge.
  • #533,737
  • Jul 8, 2020 1:27am Jul 8, 2020 1:27am
I used to Have a forex excel shit calculation on compounding made by Fx keys but i lost it because of bad hard disk
Pleas who still has it can you share? Thanks
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #533,738
  • Jul 8, 2020 1:45am Jul 8, 2020 1:45am
false break in the dx
uip up and away
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 52 KB
yes yes yes
  • #533,739
  • Jul 8, 2020 1:49am Jul 8, 2020 1:49am
Quoting Moty
false break in the dx uip up and away {image}
hour didnt close... wait. dx above 96.91 not good for you.
any hourly above it london session.
  • #533,740
  • Jul 8, 2020 1:52am Jul 8, 2020 1:52am
To the upside....the potential sellers up to y/day's 2692 hi with wkly R1 there, then 61.8% of 2813-2251 is @ 2599, 2603 = Dly R1, Above that 2612-41 is a prev 2hr sw lo zone = prev res. After that the prev 2hr/4hr/dly major sw hi zone leading up to 2687 thru which the 76.4% of 2813-2251 runs just below that hi. 2699 is Wkly R2. There is a 1hr desc t/line just above current price then the new 4hr desc t/line joining 2813 with 2692 coming thru @ 2580-85 on this 4hr candle.
Trader with an Edge.
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