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Cable Update (GBPUSD)

  • #533,741
  • Jul 8, 2020 12:03am Jul 8, 2020 12:03am
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yes yes yes
  • #533,742
  • Jul 8, 2020 12:04am Jul 8, 2020 12:04am
Quoting navk
{quote} 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.
Take a break Nav . I have not posted but been reading and it does make a difference to your mind set . I think we try to show people one can be successful.. but really we don’t need to . So yes try not to post for a few days and see how you feel . Regards
  • #533,743
  • Jul 8, 2020 12:10am Jul 8, 2020 12:10am
Quoting Marco-Kanto
{quote} 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!
You are only joking... right?
Don't trade what you think. Just what you see!!!
  • #533,744
  • Jul 8, 2020 12:17am Jul 8, 2020 12:17am
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Quoting navk
{quote} 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.
2606 is fib number for short possible but with what’s going on mini budget today it could fool the buyers go short and then back up collecting easy money. Take a break mate . Promise you will feel beet just reading .
  • #533,745
  • Jul 8, 2020 12:17am Jul 8, 2020 12:17am
we all need to be careful this cable is playing mind games with us
  • #533,746
  • Jul 8, 2020 12:19am Jul 8, 2020 12:19am
I see that there was some more "dicks measuring" going around last night... People are sick of this kind of talk around here. That is why there is the option for DM.

Please keep these things for yourselves.

Let's focus on the trading!

The BBs are shrinking. This means that something is about to happen. IMO further downside.

My Gartley on 5 and 15 min are showing an upside to 1.25700, but the 1h and 4h are pointing to the downside to 1.24400.

Waiting game for now.
Patience and Discipline.
  • #533,747
  • Jul 8, 2020 12:24am Jul 8, 2020 12:24am
last h4 candle high has been broken
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close up
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yes yes yes
  • #533,748
  • Jul 8, 2020 12:25am Jul 8, 2020 12:25am
upside breech of the 1hr desc t/line...new provisional and potentially steepest 1hr asc t/line put in - will firm it up if the lo becomes fractal.....immediate upside obstacles shown on 1hr below.... It's messy so far.
Attached Image
Trader with an Edge.
  • #533,749
  • Jul 8, 2020 12:30am Jul 8, 2020 12:30am
Quoting Theoak
{quote} You are only joking... right?
No, I'm serious.

I'm going to teach her to trade by order only, and I control size until she gets the hang of it. She currently shows a little interest but she picks things up quickly.

Fingers crossed she can take care of her own pocket money in a year.
Focus.
  • #533,750
  • Jul 8, 2020 12:32am Jul 8, 2020 12:32am
Quoting OnlineAddict
Ok, looking at the H1 setup, asia might buy it from here...so there should be new short opportunities during Tokyo, from higher up.
Worked out...scalping shorts still works in the current range. Eventually it will break to the downside, I think. But scalping is safer for now, get in get out.
Everyone can see the chart, but only a few can actually read it.
  • #533,751
  • Jul 8, 2020 12:36am Jul 8, 2020 12:36am
Quoting Marco-Kanto
{quote} No, I'm serious. I'm going to teach her to trade by order only, and I control size until she gets the hang of it. She currently shows a little interest but she picks things up quickly. Fingers crossed she can take care of her own pocket money in a year.
I tried that too. She ended up monitoring, not my trades, but THE ACCOUNT BALANCE.
When up......"give me some of that."
When down....."I told you it's gambling."
This is why man invented golf.....
Lost....
  • #533,752
  • Jul 8, 2020 12:43am Jul 8, 2020 12:43am
Quoting elbert3
{image}{quote} 2606 is fib number for short possible but with what’s going on mini budget today it could fool the buyers go short and then back up collecting easy money. Take a break mate . Promise you will feel beet just reading .
well, it did not affect my mindset.
Just added 2.9 %

Feel boring with this PA though, not able to break either side, so lots and lots of scalps only made except tokyo move, when i collected 20 odd points.

Overall added up by 2. 9 % and want to sleep now.

Cheers !
Intraday only.
  • #533,753
  • Jul 8, 2020 12:46am Jul 8, 2020 12:46am
Quoting gespiri
{quote} I tried that too. She ended up monitoring, not my trades, but THE ACCOUNT BALANCE. When up......"give me some of that." When down....."I told you it's gambling." This is why man invented golf.....
This is the hurdle that I think will take longest to overcome. She LOVES money.
Focus.
  • #533,754
  • Jul 8, 2020 12:50am Jul 8, 2020 12:50am
Quoting navk
{quote} well, it did not affect my mindset. Just added 2.9 % Feel boring with this PA though, not able to break either side, so lots and lots of scalps only made except tokyo move, when i collected 20 odd points. Overall added up by 2. 9 % and want to sleep now. Cheers !
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mm could be a trade mover
  • #533,755
  • Jul 8, 2020 12:52am Jul 8, 2020 12:52am
Quoting Marco-Kanto
{quote} No, I'm serious. I'm going to teach her to trade by order only, and I control size until she gets the hang of it. She currently shows a little interest but she picks things up quickly. Fingers crossed she can take care of her own pocket money in a year.
I was worried there for a minute. I thought you meant she was 10 months old. Stupid me its in years. She should be ok. It’s a good age to start them on the fags and booze too. It’s never too young! These age limits are only a guidance! What do these governments know. Its best to start them off on the vapes first, give them a taste for it, before you get them on real stuff hhhhmmmm tobacco. It’s a real treat for them when they turn 11. And the alco-pops they can’t get enough off it.
Don't trade what you think. Just what you see!!!
  • #533,756
  • Jul 8, 2020 12:53am Jul 8, 2020 12:53am
Quoting JayBag
Morning Everyone, Long as we keep closing below 1.25539 on H1, careful with longs.. If this keep happening till London, high chance that we may not have anything like support today. Going back to sleep StaySafe Everyone
The above clearly did not happen, So I am thinking it wants to hit around 1.26085 before retrace down..
If GU don't want to give me the right shoulder, I will have to plot my BUYS around 1.25098..

Let's see how it goes..
StaySafe Gang
  • #533,757
  • Jul 8, 2020 12:57am Jul 8, 2020 12:57am
Quoting Theoak
{quote} I was worried there for a minute. I thought you meant she was 10 months old. Stupid me its in years. She should be ok. It’s a good age to start them on the fags and booze too. It’s never too young! These age limits are only a guidance! What do these governments know. Its best to start them off on the vapes first, give them a taste for it, before you get them on real stuff hhhhmmmm tobacco. It’s a real treat for them when they turn 11. And the alco-pops they can’t get enough off it.

Any thoughts on crack? I hear it's very moreish.
Focus.
  • #533,758
  • Jul 8, 2020 12:58am Jul 8, 2020 12:58am
Quoting Marco-Kanto
{quote} Any thoughts on crack? I hear it's very moreish.
Not before 11
Don't trade what you think. Just what you see!!!
  • #533,759
  • Jul 8, 2020 1:00am Jul 8, 2020 1:00am
game over for dx
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yes yes yes
  • #533,760
  • Jul 8, 2020 1:01am Jul 8, 2020 1:01am
Quoting Moty
game over for dx {image}
Wait until NY open.
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