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Cable Update (GBPUSD)

  • #534,661
  • Jul 10, 2020 6:32am Jul 10, 2020 6:32am
some advise for me and who have very smaller account less than 500 $ like me.

Just buy 0.01 lot at every 5 pips or 2 pips if the price falls daily pivot but most importantly above S1.

The result will not disappoint.
Intraday only.
  • #534,662
  • Jul 10, 2020 6:32am Jul 10, 2020 6:32am
Quoting WizardTrade
{quote} It has to complete the corrective wave C to the down first to breach that highest high IMHO. {image}
Correction about to start on H1. I may be wrong.

TW
WARNING: This post warps space and time in its vicinity.
  • #534,663
  • Jul 10, 2020 6:34am Jul 10, 2020 6:34am
hmm guys watching from the 4H what u think about a Double top that might be formed?
  • #534,664
  • Jul 10, 2020 6:35am Jul 10, 2020 6:35am
Quoting WizardTrade
{quote} Correction about to start on H1. I may be wrong. TW
the candle is rejecting at the moment but no full confirmation dispite i have a sell atm
  • #534,665
  • Jul 10, 2020 6:37am Jul 10, 2020 6:37am
my demo in line with my system

With 8k capital,

There is no real money emotion, so I left the open trades.

The result is maximum

My live i just closed profitable trades around 2598 before going to sleep.
Attached Image (click to enlarge)
Click to Enlarge Name: OctaFX.png Size: 106 KB
Intraday only.
  • #534,666
  • Jul 10, 2020 6:37am Jul 10, 2020 6:37am
a drop is coming ?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu1.png Size: 34 KB
Click to Enlarge Name: dx1.png Size: 36 KB
yes yes yes
  • #534,667
  • Jul 10, 2020 6:38am Jul 10, 2020 6:38am
Quoting HBN08
{quote} the candle is rejecting at the moment but no full confirmation dispite i have a sell atm
You might see confirmation shortly
WARNING: This post warps space and time in its vicinity.
  • #534,668
  • Jul 10, 2020 6:39am Jul 10, 2020 6:39am
Quoting Moty
a drop is coming ? {image}
Today range is just 59 pips
Intraday only.
  • #534,669
  • Jul 10, 2020 6:43am Jul 10, 2020 6:43am
Quoting WizardTrade
{quote} Correction about to start on H1. I may be wrong. TW
My plan to go short.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 44 KB
WARNING: This post warps space and time in its vicinity.
  • #534,670
  • Jul 10, 2020 6:44am Jul 10, 2020 6:44am
A candle like this minutes before Ny open..Right
  • #534,671
  • Jul 10, 2020 6:44am Jul 10, 2020 6:44am
Quoting WizardTrade
{quote} My plan to go short. {image}
I had my tp in ur C but to be safe moved to ur A...lets see how it goes
  • #534,672
  • Jul 10, 2020 6:46am Jul 10, 2020 6:46am
Quoting HBN08
{quote} I had my tp in ur C but to be safe moved to ur A...lets see how it goes
The best way in this trade is to trail your SL. Keep TP at c intact. Possible deep correction. In that case you will be trailing a handsome profit.
WARNING: This post warps space and time in its vicinity.
  • #534,673
  • Jul 10, 2020 6:48am Jul 10, 2020 6:48am
Quoting WizardTrade
{quote} The best way in this trade is to trail your SL. Keep TP at c intact.
Or take some profits during the move down

Plenty of options
COT: The precious data ignored
  • #534,674
  • Jul 10, 2020 6:48am Jul 10, 2020 6:48am
Quoting kuroro001
{quote} Or take some profits during the move down Plenty of options
Absolutely.
WARNING: This post warps space and time in its vicinity.
  • #534,675
  • Jul 10, 2020 6:52am Jul 10, 2020 6:52am
I will keep it at 1.25600 , dive is coming
My D chart Says me that we can go to the 1.2500... but proabbly next week we get 2 or 3 red candles..
  • #534,676
  • Jul 10, 2020 6:55am Jul 10, 2020 6:55am
Quoting navk
{quote} Today range is just 59 pips
you have a lot of room to the downside
engulfing bearish hourly candle in the making
my tp is 1.25527
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 28 KB
yes yes yes
  • #534,677
  • Jul 10, 2020 7:00am Jul 10, 2020 7:00am
bounce or fall?
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 29 KB
row row row your boat
  • #534,678
  • Jul 10, 2020 7:00am Jul 10, 2020 7:00am
Quoting navk
some advise for me and who have very smaller account less than 500 $ like me. Just buy 0.01 lot at every 5 pips or 2 pips if the price falls daily pivot but most importantly above S1. The result will not disappoint.
That is still valid until 1.25787?
A trader is as good as his stop loss. Understand your mistakes.
  • #534,679
  • Jul 10, 2020 7:06am Jul 10, 2020 7:06am
Quoting Student21
{quote} That is still valid until 1.25787?
I do like this in Asia. Usually the momentum will build in London.

Fridays are crazy days.

Up and down and some times one direction
Intraday only.
  • #534,680
  • Jul 10, 2020 7:08am Jul 10, 2020 7:08am
Quoting navk
{quote} I do like this in Asia. Usually the momentum will build in London. Fridays are crazy days. Up and down and some times one direction
Very interesting indeed. I am holding on my shorts due to just simple strategy following, but am very wary of this S1 now! Much appreciated navk!
A trader is as good as his stop loss. Understand your mistakes.
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