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Cable Update (GBPUSD)

  • #534,781
  • Jul 10, 2020 9:54am Jul 10, 2020 9:54am
Quoting navk
{quote} tomorrow is saturday, i will be bored. Let us discuss
i wait at 2680 to discuss budd

️️
just for a cup of coffee...
  • #534,782
  • Jul 10, 2020 9:55am Jul 10, 2020 9:55am
Quoting HBN08
{quote} I dont know if passes 1.26700 ...
weel that is just about where my 50 pip take profit is so that would work out


but this is an up market
any pullback is a correction in my opinion....

but you never know
monday could be different
in wondering about yourself, you forgot what you came here to be part of
  • #534,783
  • Jul 10, 2020 9:59am Jul 10, 2020 9:59am
...81.4% of the 30 day adr travelled so far today and 76% of the 13 week awr so far this week so still 'room' to the upside in these resepcts. 58% of the 3 mth amr.
Trader with an Edge.
  • #534,784
  • Jul 10, 2020 10:00am Jul 10, 2020 10:00am
Quoting knkie
{quote} weel that is just about where my 50 pip take profit is so that would work out but this is an up market any pullback is a correction in my opinion.... but you never know monday could be different
Hope u reach there

My D chart says me at least 2 Down candles will come to form a pattern...but next week will tell me..i might be wrong this starts flying tho
  • #534,785
  • Jul 10, 2020 10:02am Jul 10, 2020 10:02am
Time will tell....will add higher next wekk

Attached Image
COT: The precious data ignored
  • #534,786
  • Jul 10, 2020 10:02am Jul 10, 2020 10:02am
no good gold signal yet , breaks 1791 & 57 , and may hover up for 1-2 weeks before so perhaps , waiting till then and for others too .
Attached Image(s) (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #534,787
  • Jul 10, 2020 10:03am Jul 10, 2020 10:03am
1.27 and inma sell that bitch hard.
"Anger clouds the mind. Turned inward, it is an unconquerable enemy."
  • #534,788
  • Jul 10, 2020 10:05am Jul 10, 2020 10:05am
Quoting mastersplint
1.27 and inma sell that bitch hard.
why 1.27?
Trader with an Edge.
  • #534,789
  • Jul 10, 2020 10:08am Jul 10, 2020 10:08am
Quoting kuroro001
{quote} This thread has various traders, various styles If we have to explain our strategy (intraday/scalp/swing) in every post, we'll spend more time writing here and debating than trading. And this thread will be a total mess to follow I guess we are mature enough to just read posts, and make our own decisions, without following anyone's call
Well if you are scalping and you pop in a bearish target that was two days ago as a possible target and also you are in a bull trend 150 pips away. What am I Merlin the magician. We are in a bull trend' Look at the chart!!!
Don't trade what you think. Just what you see!!!
  • #534,790
  • Jul 10, 2020 10:08am Jul 10, 2020 10:08am
Quoting Headland
{quote} why 1.27?
Daily 200 Ma is around there, previous high is around there, Weekly R2 also, although that will change next week. Monthly R1 just above it.
  • #534,791
  • Jul 10, 2020 10:11am Jul 10, 2020 10:11am
Quoting msniper
on going rumors now saying that trump will announce today the cure for COVID-19 so if it happened i expect USDJPY to fly but not sure what GBPUSD will react
I got long setup on every tf for usdjpy
We'll see
COT: The precious data ignored
  • #534,792
  • Jul 10, 2020 10:14am Jul 10, 2020 10:14am
price is staling.
Exit longs : +45 pips.

im happy.
in wondering about yourself, you forgot what you came here to be part of
  • #534,793
  • Jul 10, 2020 10:15am Jul 10, 2020 10:15am
Quoting Scotteyy
{quote} Daily 200 Ma is around there, previous high is around there, Weekly R2 also, although that will change next week. Monthly R1 just above it.
2686 may hardly try but 2700 possible test asmay at least 1 wk top range play ! take care for any time crash though!
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #534,794
  • Jul 10, 2020 10:15am Jul 10, 2020 10:15am
Quoting Scotteyy
{quote} Daily 200 Ma is around there, previous high is around there, Weekly R2 also, although that will change next week. Monthly R1 just above it.

thanks for the reply.
Trader with an Edge.
  • #534,795
  • Jul 10, 2020 10:15am Jul 10, 2020 10:15am
Quoting Theoak
{quote} Well if you are scalping and you pop in a bearish target that was two days ago as a possible target and also you are in a bull trend 150 pips away. What am I Merlin the magician. We are in a bull trend' Look at the chart!!!
for the swing traders, yes bullish.

For day traders, today Asia was bearish.

As simple as that.

There was drop from 1.2668 to 1.2564.
More than 100 pips dro.
A day trader can capture pips in this drop.

Swing traders may not.

yes.

But you have to accept the fact that this thread has traders with varying interest.
Intraday only.
  • #534,796
  • Jul 10, 2020 10:23am Jul 10, 2020 10:23am
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yes yes yes
  • #534,797
  • Jul 10, 2020 10:26am Jul 10, 2020 10:26am
Quoting navk
{quote} for the swing traders, yes bullish. For day traders, today Asia was bearish. As simple as that. There was drop from 1.2666 to 1.2570. Defintely a day trader can catch pips in this drop. Swing traders may not. yes. But you have to accept the fact that this thread has traders with varying interest.
Ok. I will think about 1.2525 in about 6 hrs time, for a possible 120 pip scalp! Can't you appreciate It does not make any logic!
Don't trade what you think. Just what you see!!!
  • #534,798
  • Jul 10, 2020 10:26am Jul 10, 2020 10:26am
...nice little sell off that 4hr desc t/line - lower t/f reg bearish div set-ups. 2hr below. Last 2hr candle was v. bullish close.

all flat and squared for the w/e.
Attached Image
Trader with an Edge.
  • #534,799
  • Jul 10, 2020 10:28am Jul 10, 2020 10:28am
Quoting KevinZeng
{quote} Can you give some examples?
If you check my postings over in the USD/JPY discussion group I put a few there. Here in this forum as well in the past month.
Don't compare your trades to others. Most often the masses are the asses
  • #534,800
  • Jul 10, 2020 10:28am Jul 10, 2020 10:28am
Quoting Theoak
{quote} Ok. I will think about 1.2525 in about 6 hrs time, for a possible 120 pip scalp! Can't you appreciate It does not make any logic!
it is typo. I meant 1.2625.

1.2625 is daily pivot. The PA has reacted there and 40 pips drop.
Attached Image (click to enlarge)
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Intraday only.
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