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Cable Update (GBPUSD)

  • #534,341
  • Jul 9, 2020 7:00am Jul 9, 2020 7:00am
1H showing divergence and 4H way overbought.. i think its coming down even just for correction. This is just what im seeing. Trade safe!!
Time is your friend; impulse is your enemy! - John Bogle
  • #534,342
  • Jul 9, 2020 7:01am Jul 9, 2020 7:01am
might get a bit windy
  • #534,343
  • Jul 9, 2020 7:02am Jul 9, 2020 7:02am
green Box still in play

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  • #534,344
  • Jul 9, 2020 7:05am Jul 9, 2020 7:05am
Looked at this again.

Short in at 1.2658
SL 30 pips (1.2687)
target 65 pips ish

For the haters
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Don't trade what you think. Just what you see!!!
  • #534,345
  • Jul 9, 2020 7:08am Jul 9, 2020 7:08am
Quoting Theoak
Looked at this again. Short in at 1.2658 SL 30 pips target 65 pips ish For the haters {image}
Im with you Oak, trying to figure sl 1.26675
A trader is as good as his stop loss. Understand your mistakes.
  • #534,346
  • Jul 9, 2020 7:17am Jul 9, 2020 7:17am
Finally sells triger
  • #534,347
  • Jul 9, 2020 7:17am Jul 9, 2020 7:17am
Quoting Student21
{quote} Im with you Oak, trying to figure sl 1.26675
I'm going for 65 pips ish profit. I've give my stops a bit more wiggle at 1.2687, but don't copy me. Go with your own trade plan. Anyway good luck! Fingers crossed.
Don't trade what you think. Just what you see!!!
  • #534,348
  • Jul 9, 2020 7:19am Jul 9, 2020 7:19am
Quoting OAPDave
{quote} Well I guess you could call it a Cycle return to the mean ? {image} {image}
Daily MurreyMath points to 1.2695 as solid red line top but that trendline points higher.
I don't think this move up is over yet......
Lost....
  • #534,349
  • Jul 9, 2020 7:19am Jul 9, 2020 7:19am
My sl around there to
Tp still at 1.2600
  • #534,350
  • Jul 9, 2020 7:20am Jul 9, 2020 7:20am
1.26300 suport zone tho but lets see
  • #534,351
  • Jul 9, 2020 7:20am Jul 9, 2020 7:20am
Quoting Theoak
{quote} I'm going for 65 pips ish profit. I've give my stops a bit more wiggle at 1.2687, but don't copy me. Go with your own trade plan. Anyway good luck! Fingers crossed.
Haha sure, i am out for now, waiting for it to recover and down again. Damn we scored.
A trader is as good as his stop loss. Understand your mistakes.
  • #534,352
  • Jul 9, 2020 7:22am Jul 9, 2020 7:22am
Quoting Almo2312
done for today nice going on the scalp issue its better than waiting days for good profits {image} trade safe folks
Mate, were you risking 5% a trade?
  • #534,353
  • Jul 9, 2020 7:23am Jul 9, 2020 7:23am
yes yes yes
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yes yes yes
  • #534,354
  • Jul 9, 2020 7:25am Jul 9, 2020 7:25am
Quoting Moty
yes yes yes {image}
You watching them naughty films again?
Don't trade what you think. Just what you see!!!
  • #534,355
  • Jul 9, 2020 7:25am Jul 9, 2020 7:25am
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that’s the confirmation of the 5 min breakout before is let’s see what happens when emas catch up
  • #534,356
  • Jul 9, 2020 7:29am Jul 9, 2020 7:29am
Quoting Moty
yes yes yes {image}
Not so early moty need to break 1.2630... big hurdle
Extreme gut feeling trader
  • #534,357
  • Jul 9, 2020 7:29am Jul 9, 2020 7:29am
15M..
What is this is just a test to the sup?
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  • #534,358
  • Jul 9, 2020 7:31am Jul 9, 2020 7:31am
Now nailed that and going back in the original short plan.
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Don't trade what you think. Just what you see!!!
  • #534,359
  • Jul 9, 2020 7:36am Jul 9, 2020 7:36am
I feel next test of 1.26300... we gonna break it.. just a gut. Feeling .. then we going to 1.26
Extreme gut feeling trader
  • #534,360
  • Jul 9, 2020 7:41am Jul 9, 2020 7:41am
This candles are funny 1.26000? or just restest and high again?
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