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Cable Update (GBPUSD)

  • #534,081
  • Jul 8, 2020 1:32pm Jul 8, 2020 1:32pm
This thread is just noise.
  • #534,082
  • Jul 8, 2020 1:33pm Jul 8, 2020 1:33pm
Quoting WizardTrade
{quote} I think the second one Solid break and push to the highs. My chart showing me 1.264xx today.
Nearing my TP 2
WARNING: This post warps space and time in its vicinity.
  • #534,083
  • Jul 8, 2020 1:34pm Jul 8, 2020 1:34pm
so i'm still waiting 1.25900 it was region for pulback and it became support.
I'm waiting for some consolidation.
  • #534,084
  • Jul 8, 2020 1:36pm Jul 8, 2020 1:36pm
Quoting Wavegarrick
I am going with momentum here, 50 pip stop loss. Cheers. {image}
All buy trades locked in and price must do what it has to, I sleep tight tonight. My yearly medium sup 1 at 1.2605 breeched, price needs to stay above.

Trade safe Guys
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_631.png Size: 65 KB
Trade to trade another day
  • #534,085
  • Jul 8, 2020 1:38pm Jul 8, 2020 1:38pm
Quoting Wavegarrick
{quote} All buy trades locked in and price must do what it has to, I sleep tight tonight. My yearly medium sup 1 at 1.2605 breeched, price needs to stay above. Trade safe Guys {image}
Nice trade Leon.
  • #534,086
  • Jul 8, 2020 1:38pm Jul 8, 2020 1:38pm
Quoting Marcieny
so i'm still waiting 1.25900 it was region for pulback and it became support. I'm waiting for some consolidation.
What you waiting for we went past that ages ago.
Don't trade what you think. Just what you see!!!
  • #534,087
  • Jul 8, 2020 1:39pm Jul 8, 2020 1:39pm
Quoting Student21
{quote} For me (big) bear is lurking in 1.2660-80 area, also for tomorrow. Trade safe!
Yeah... Big bear
Data + Stat + Risk/Emotions Management
  • #534,088
  • Jul 8, 2020 1:42pm Jul 8, 2020 1:42pm
Quoting Marcieny
{quote} Nice trade Leon.
Thanks Marcieny
Trade to trade another day
  • #534,089
  • Jul 8, 2020 1:53pm Jul 8, 2020 1:53pm
Strong trend line down (the orange one) on the daily chart... looking to hit it tomorrow, if not then Monday.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2020-07-08 at 19.49.10.png Size: 82 KB


Furthermore, the 4H chart illustrates an area of supply (red box) which is close to being hit. If the stars align and both are hit simultaneously - big bucks can be made for the bears.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2020-07-08 at 19.49.29.png Size: 52 KB


Thoughts?
Do or do not, there is no try - Master Yoda
  • #534,090
  • Jul 8, 2020 2:08pm Jul 8, 2020 2:08pm
Quoting Wavegarrick
{quote} All buy trades locked in and price must do what it has to, I sleep tight tonight. My yearly medium sup 1 at 1.2605 breeched, price needs to stay above. Trade safe Guys {image}
Dear Wavegarrik,
may i know the trend indicator name, you are using

thanks
  • #534,091
  • Jul 8, 2020 2:08pm Jul 8, 2020 2:08pm
Quoting BenWarburton
Strong trend line down (the orange one) on the daily chart... looking to hit it tomorrow, if not then Monday. {image} Furthermore, the 4H chart illustrates an area of supply (red box) which is close to being hit. If the stars align and both are hit simultaneously - big bucks can be made for the bears. {image} Thoughts?

I think that steepest daily descending t/line (on tomorrow's daily candle) will come through circa 2695 and the prev 2hr/4hr/dly major sw hi zone goes up to 2687...so it's close - and of course it's descending so will be lower on friday if not hit tomorrow....Certainly could be sellers at it's confluence if seen. 76.4% 2813-2251 in the vicinity too. Dly chart below.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 70 KB
Trader with an Edge.
  • #534,092
  • Jul 8, 2020 2:09pm Jul 8, 2020 2:09pm
Quoting knkie
{quote} and again : Reenter long on M5 2603 this should be a bigger jump 30 40 pip trgt
another +10 exit

the steam is out if this it seems

i was late to the game today but still pulled 25 pips on this pair.

ttyl
in wondering about yourself, you forgot what you came here to be part of
  • #534,093
  • Jul 8, 2020 2:13pm Jul 8, 2020 2:13pm
Quoting imohsin360
{quote} Dear Wavegarrik, may i know the trend indicator name, you are using thanks
Imohsin, I use many and you will have to be more specific as to which one.
Cheers
Trade to trade another day
  • #534,094
  • Jul 8, 2020 2:26pm Jul 8, 2020 2:26pm
Quoting Wavegarrick
{quote} Imohsin, I use many and you will have to be more specific as to which one. Cheers
I assume he means the red-green MA looking thing. Not 100% sure though. Was interested also.
  • #534,095
  • Jul 8, 2020 2:30pm Jul 8, 2020 2:30pm
Short in at 1.2613
Don't trade what you think. Just what you see!!!
  • #534,096
  • Jul 8, 2020 2:30pm Jul 8, 2020 2:30pm
Quoting Scotteyy
{quote} I assume he means the red-green MA looking thing. Not 100% sure though. Was interested also.
oooh
i luv guessing indicators !

im gonna go with an ATR based indi with 1.5 or 2 atr setting....
in wondering about yourself, you forgot what you came here to be part of
  • #534,097
  • Jul 8, 2020 2:37pm Jul 8, 2020 2:37pm
Attached Image (click to enlarge)
Click to Enlarge Name: dx.png Size: 52 KB
yes yes yes
  • #534,098
  • Jul 8, 2020 2:41pm Jul 8, 2020 2:41pm
Quoting Headland
{quote} I think that steepest daily descending t/line (on tomorrow's daily candle) will come through circa 2695 and the prev 2hr/4hr/dly major sw hi zone goes up to 2687...so it's close - and of course it's descending so will be lower on friday if not hit tomorrow....Certainly could be sellers at it's confluence if seen. 76.4% 2813-2251 in the vicinity too. Dly chart below. {image}
Hadn't looked at the fibbo levels but the 76.4% would definitely support the Demand levels on both our charts. Cheers for the feedback, always appreciated. Am trying to improve my analysis and it is very nice to see those with more experience help weaklings such as myself. Trade on.
Do or do not, there is no try - Master Yoda
  • #534,099
  • Jul 8, 2020 2:54pm Jul 8, 2020 2:54pm
Quoting Scotteyy
{quote} I assume he means the red-green MA looking thing. Not 100% sure though. Was interested also.
Hi Scotteyy, It is the step Ehlers optimal tracking filter with my settings set to 1, NLMA, Typical, nothing else changes but probably one of my best filters.
Cheers
Trade to trade another day
  • #534,100
  • Jul 8, 2020 3:04pm Jul 8, 2020 3:04pm
Quoting Theoak
Short in at 1.2613
killing this trade. don't want to be stuck in this over night....see you all tomorrow...
Don't trade what you think. Just what you see!!!
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