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Cable Update (GBPUSD)

  • #533,881
  • Jul 8, 2020 7:00am Jul 8, 2020 7:00am
Thinking of having a cheeky short as supply level here on the H4 chart. Previous bearish engulfing candle and plenty of volume at this level. Not selling but could possibly tp at 1.247, breaking that to 1.236.
Attached Image
Do or do not, there is no try - Master Yoda
  • #533,882
  • Jul 8, 2020 7:01am Jul 8, 2020 7:01am
That sneaky 15m 200 EMA messed with pivot traders a bit. However fortunately I use a 200 EMA momentum strategy in congruence. Exited. Bagged 30 pips.
  • #533,883
  • Jul 8, 2020 7:02am Jul 8, 2020 7:02am
Quoting tehnoob
Hopefully we are not done rising. Expecting another push higher before NY open Stop loss still @ 1.2491 {image}

Exited at NY open.

260 pipers profit on this punt from June 30th
Attached Image (click to enlarge)
Click to Enlarge Name: Cable profit8Jul.jpg Size: 90 KB
  • #533,884
  • Jul 8, 2020 7:03am Jul 8, 2020 7:03am
Quoting HBN08
Waiting for confirmation now if it eventualy go up...good bye down leg {image}
look my PM
Intraday only.
  • #533,885
  • Jul 8, 2020 7:04am Jul 8, 2020 7:04am
Quoting Moty
in profit all ready , baby 100 pips at least , to go crooks Frankfurt fake , 2nd time around , yesterday i was short and was in profit in the beginning , and got to a big loss in the end , this time it will end different {image}
Moty
really advice you improve your entry instead of keep saying crook or fake,
market always do the same thing shake and bake,
and you also keep doing the same enter before FF and LO step in,
not worry miss the train , wait for right place and right time to try.
hope you will listen
PA Return This Week: 39.2%
  • #533,886
  • Jul 8, 2020 7:05am Jul 8, 2020 7:05am
Quoting HBN08
Waiting for confirmation now if it eventualy go up...good bye down leg {image}
What is your confirmation ?
  • #533,887
  • Jul 8, 2020 7:06am Jul 8, 2020 7:06am
I recommend a sell for GBPUSD from the current price 1.2554

Target 1.2398

Stop loss 1.2614

All the best guys!
  • #533,888
  • Jul 8, 2020 7:08am Jul 8, 2020 7:08am
...statement finished...1hr chart looks like this now.....
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 49 KB
Trader with an Edge.
  • #533,889
  • Jul 8, 2020 7:10am Jul 8, 2020 7:10am
Quoting Percivalm
{quote} What is your confirmation ?
For a down i still have this in mind
For Up just need to break 78.6 Fibo and restest in 1H ...
The down move must break 61.8 fibo and watch candle formation at this moment...nothing fancy
Attached Image (click to enlarge)
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  • #533,890
  • Jul 8, 2020 7:12am Jul 8, 2020 7:12am
Need to build a fat layer for the winter!
Attached Image
  • #533,891
  • Jul 8, 2020 7:16am Jul 8, 2020 7:16am
Quoting pipcenturion
I recommend a sell for GBPUSD from the current price 1.2554 Target 1.2398 Stop loss 1.2614 All the best guys!
Im with you, SL @BE right now.
  • #533,892
  • Jul 8, 2020 7:18am Jul 8, 2020 7:18am
Quoting Gilaforex13
{quote} Im with you, SL @BE right now.
will join after triangle break (not above..)
and below blue range.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 50 KB
  • #533,893
  • Jul 8, 2020 7:19am Jul 8, 2020 7:19am
Quoting Gilaforex13
{quote} Im with you, SL @BE right now.
For a 150 pips target, maybe you should let the price goes up and down a bit before tightening your SL
Or its a just a scalp?
COT: The precious data ignored
  • #533,894
  • Jul 8, 2020 7:21am Jul 8, 2020 7:21am
Quoting Moty
in profit all ready , baby 100 pips at least , to go crooks Frankfurt fake , 2nd time around , yesterday i was short and was in profit in the beginning , and got to a big loss in the end , this time it will end different {image}
Moty, see my PM to you and look at the buy set ups for the last 3 days.

Refine your entry points.

You will do well.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 47 KB
Intraday only.
  • #533,895
  • Jul 8, 2020 7:23am Jul 8, 2020 7:23am
Hello everyone, good evening from Asia
  • #533,896
  • Jul 8, 2020 7:24am Jul 8, 2020 7:24am
there is a m15 bearish hidden div there, void above 2568
Best short is the closest to 2568, which will give a very good risk/return
COT: The precious data ignored
  • #533,897
  • Jul 8, 2020 7:26am Jul 8, 2020 7:26am
Have buys in now. Tp 1.26300 area =).
Price looks wayyyy to bullish to pass up. As well the reaction from yesterday wasn't off a true liq level and see it reacting off 1h/4h level of the 1.26350 or sometbing close
"Anger clouds the mind. Turned inward, it is an unconquerable enemy."
  • #533,898
  • Jul 8, 2020 7:34am Jul 8, 2020 7:34am
i wonder when people will get it right, price rejected the high and it's falling back down
  • #533,899
  • Jul 8, 2020 7:35am Jul 8, 2020 7:35am
As far as the price is above 55 EMA, I will not enter short yet.

will wait till it breaks.


#my discipline though.
#Stay blue. /swinger/scalper/
  • #533,900
  • Jul 8, 2020 7:36am Jul 8, 2020 7:36am
Quoting epzero
i wonder when people will get it right, price rejected the high and it's falling back down


getting it right more often than wrong is what u need ..every system get it wrong..
MY OPINION NOT FINANCIAL ADVISE
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