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Cable Update (GBPUSD)

  • #534,181
  • Jul 9, 2020 2:45am Jul 9, 2020 2:45am
those who did not take short... there is small up move coming but i expect this stop below 2650. For short.
Intraday only.
  • #534,182
  • Jul 9, 2020 2:47am Jul 9, 2020 2:47am
Attached Image (click to enlarge)
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Quoting Georginson
{quote} This is so confrontational... Time will tell if this is right or wrong. The same thing happened in June when I called 1.2300 when trading at 1.2775/1.2800, I was laughed at back then and yet 1.2300 that same June. I have nothing more to say to you other than time will tell. Peace.
Hi G well it’s due for some retrace I think if I remember 78%fib got hit 61.8 was 2608 area so let’s see
  • #534,183
  • Jul 9, 2020 2:47am Jul 9, 2020 2:47am
I slept in Tokyo, so did not take proper long entry

Just within 1.5 % as start of the day.
Intraday only.
  • #534,184
  • Jul 9, 2020 2:48am Jul 9, 2020 2:48am
Quoting Moty
{quote} what about that pa ? this is going to be on big engulfing candles in both pairs {image} {image}
Has the dollar index not broken the support already ?

I see USDX going down in the coming days. Anyways trade safe.
  • #534,185
  • Jul 9, 2020 2:50am Jul 9, 2020 2:50am
Quoting elbert3
{image}{quote} Hi G well it’s due for some retrace I think if I remember 78%fib got hit 61.8 was 2608 area so let’s see
Short is ideal mate. I agree and even much more low to break.
Data + Stat + Risk/Emotions Management
  • #534,186
  • Jul 9, 2020 2:53am Jul 9, 2020 2:53am
Quoting navk
those who did not take short... there is small up move coming but i expect this stop below 2650. For short.
You've posted that 30 mins to late

And by the way this bull move ain't over yet!
Don't trade what you think. Just what you see!!!
  • #534,187
  • Jul 9, 2020 2:53am Jul 9, 2020 2:53am
...finishing here - just a short session but productive. Hope everyone gets out of the day whatever they deserve - whatever that is.
Trader with an Edge.
  • #534,188
  • Jul 9, 2020 2:53am Jul 9, 2020 2:53am
Quoting dennert
{quote} Mind to tell what PA and TF is ur confirmation, keen to learn from u
PA ranges from candle stick patterns to market structure. I usually aim my entries on 1hr
Le$$ I$ More
  • #534,189
  • Jul 9, 2020 2:54am Jul 9, 2020 2:54am
Attached Image (click to enlarge)
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yes yes yes
  • #534,190
  • Jul 9, 2020 2:55am Jul 9, 2020 2:55am
Quoting Georginson
{quote} Short is ideal mate. I agree and even much more low to break.
I though there would be more up, at least until lunch time, e.g. for 3 hours more?
A trader is as good as his stop loss. Understand your mistakes.
  • #534,191
  • Jul 9, 2020 2:56am Jul 9, 2020 2:56am
Quoting Theoak
{quote} You've posted that 30 mins to late And by the way this bull move ain't over yet!
yeah, it is not over yet, but i want take long after retrace to 2580/60 may be.
Intraday only.
  • #534,192
  • Jul 9, 2020 2:56am Jul 9, 2020 2:56am
Attached Image (click to enlarge)
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we can see all the green candles to the left and then the drop back . So it’s on the line here pullback then long again will definitely break that upper tl or it goes today 2800 2900 area
  • #534,193
  • Jul 9, 2020 3:00am Jul 9, 2020 3:00am
Quoting Theoak
{quote} You've posted that 30 mins to late And by the way this bull move ain't over yet!
IMO,

Today the bull target is over.

Anyways, this is just my way and for my trading.

Expecting a deeper pullback, 2560 atleast
Intraday only.
  • #534,194
  • Jul 9, 2020 3:00am Jul 9, 2020 3:00am
Quoting Student21
{quote} I though there would be more up, at least until lunch time, e.g. for 3 hours more?
I just note 1.2720 as new probable risk for selling positions and 1.2817 as maximum/unlikely risk for selling positions. This analysis is SWING FOR JULY which still has around 15 trade days left.
Data + Stat + Risk/Emotions Management
  • #534,195
  • Jul 9, 2020 3:04am Jul 9, 2020 3:04am
Bearish engulfing on 1hr off round number.
Let's see where this goes.
Compulsions can be hard to resist
  • #534,196
  • Jul 9, 2020 3:05am Jul 9, 2020 3:05am
i think the beaars are egging each other on in the thread today.
anyways:
m1 chart BUY
2631

big target
Attached Image
in wondering about yourself, you forgot what you came here to be part of
  • #534,197
  • Jul 9, 2020 3:07am Jul 9, 2020 3:07am
Quoting Georginson
{quote} I just note 1.2720 as new probable risk for selling positions and 1.2817 as maximum/unlikely risk for selling positions. This analysis is SWING FOR JULY which still has around 15 trade days left.
Thanks for clearing Georginson!
A trader is as good as his stop loss. Understand your mistakes.
  • #534,198
  • Jul 9, 2020 3:16am Jul 9, 2020 3:16am
took my last short already... no more positions for today.... all my shorts are underwater..... aiming for 1.26 round number.... sl manual
Extreme gut feeling trader
  • #534,199
  • Jul 9, 2020 3:16am Jul 9, 2020 3:16am
Quoting navk
{quote} yeah, it is not over yet, but i want take long after retrace to 2580/60 may be.
Sorry I have miss read your post. You were warning Moty of the pull back where I had extra chips with my butty. Sorry
Don't trade what you think. Just what you see!!!
  • #534,200
  • Jul 9, 2020 3:20am Jul 9, 2020 3:20am
No it's not confrontational,I'm saying why spend so much time averaging and feeling that any one month can only go so far when theres no rhyme or reason to it.
The time to note a timed range is when it's unusual .
I tell you now this week is not the swing you say in about 5 seconds looking at the weekly.
The numbers your calling are all in range extremes ,its in range therefore it leads you to believe you're calling it.
If you thought it could pop this high you would have had a long ,but I know whatever range work you do it's short.

Quoting Georginson
{quote} This is so confrontational... Time will tell if this is right or wrong. The same thing happened in June when I called 1.2300 when trading at 1.2775/1.2800, I was laughed at back then and yet 1.2300 that same June. I have nothing more to say to you other than time will tell. Peace.
On-site guru & also FF member's' psychiatrist, when not drinking tea
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