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Cable Update (GBPUSD)

  • #535,581
  • Jul 15, 2020 4:35am Jul 15, 2020 4:35am
Quoting Mr.Tea
after i missed yesterday shorts, i opened some longs, lets see how this will play out. {image}
I suggest that you close the buy positions and go short.

All the best!
  • #535,582
  • Jul 15, 2020 4:44am Jul 15, 2020 4:44am
Quoting Piparins
{quote} All the best of luck! https://www.babypips.com/learn/forex/trend-lines
It's not my problem if you can't think outside the babypips box
Compulsions can be hard to resist
  • #535,583
  • Jul 15, 2020 4:44am Jul 15, 2020 4:44am
Quoting Siame
Filled 9portions, Average 1.26139. I'll take one more if we hit the Weekly Open.


CLOSED @ 1.26050 +68pips

Missed my earlier target.
  • #535,584
  • Jul 15, 2020 4:47am Jul 15, 2020 4:47am
Quoting ChiForex
{quote} What you're doing holding shorts @1.2505-20 and waiting for comeback is GAMBLING. If you followed my advice yesterday when price was there, you could have shorts [email protected] instead!
for gamblers the come back is just as thrilling
in wondering about yourself, you forgot what you came here to be part of
  • #535,585
  • Edited 5:29am Jul 15, 2020 4:56am | Edited 5:29am
short in at 1.2604
added to short at 1.2621
Don't trade what you think. Just what you see!!!
  • #535,586
  • Jul 15, 2020 4:59am Jul 15, 2020 4:59am
Quoting trumps
{quote} It's not my problem if you can't think outside the babypips box
Like seriously, this thread is meant for sharing of ideas and constructive evaluation not for attacks of other people's view.

I appreciate your maturity.
Data + Stat + Risk/Emotions Management
  • #535,587
  • Jul 15, 2020 5:01am Jul 15, 2020 5:01am
1.26070 is resistance, need wait sale force to appear in case of sales.

if it will not become support.
  • #535,588
  • Jul 15, 2020 5:07am Jul 15, 2020 5:07am
Quoting ChiForex
{quote} What you're doing holding shorts @1.2505-20 and waiting for comeback is GAMBLING. If you followed my advice yesterday when price was there, you could have shorts [email protected] instead!
Now 1.25 has become gambling? What is the basis for the attack on the entry? I can count how many times 1.25 level has repeated itself within the last 2 months.

One major characteristic of a good price is repeatability. Even if it goes against, it will still recover and take some decent profit. It is all about your risk management plan which should be able to accommodate some potential losses before recovery (talking from a swing perspective).
Data + Stat + Risk/Emotions Management
  • #535,589
  • Jul 15, 2020 5:08am Jul 15, 2020 5:08am
GU closed 4h above 1.2587

so its clear now bulls on control

we should see my target around 1.2760 soon

i dont see it going below 1.2500 anymore before new high
  • #535,590
  • Jul 15, 2020 5:09am Jul 15, 2020 5:09am
Quoting Georginson
{quote} Like seriously, this thread is meant for sharing of ideas and constructive evaluation not for attacks of other people's view. I appreciate your maturity.
if you find comment annoying there is button ignore
  • #535,591
  • Jul 15, 2020 5:14am Jul 15, 2020 5:14am
its not a tl ,tl can't be drawn like that ,market already proven its not
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #535,592
  • Jul 15, 2020 5:15am Jul 15, 2020 5:15am
Quoting Bones
its not a tl ,tl can't be drawn like that ,market already proven its not



HAHAHA..but u should quote the poster..
MY OPINION NOT FINANCIAL ADVISE
  • #535,593
  • Jul 15, 2020 5:16am Jul 15, 2020 5:16am
buy on m15
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot0.png Size: 17 KB
in wondering about yourself, you forgot what you came here to be part of
  • #535,594
  • Jul 15, 2020 5:19am Jul 15, 2020 5:19am
Trumps its not a line lol

Quoting trumps
{quote} I drew that internal TL yesterday, as per my quoted post. Do you not see the resistance I showed there? Don't hit the floor too hard ok.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #535,595
  • Jul 15, 2020 5:21am Jul 15, 2020 5:21am
We should be above Weekly Open today.

I'll be looking for SHORTS above Weekly Open...during New York Session.

This Weekly Candle looks very beautiful for Bulls.
  • #535,596
  • Jul 15, 2020 5:22am Jul 15, 2020 5:22am
Quoting SFundamental
{quote} Pufferfish knows a lot- but take your point on adding to a losing trade I did notice that option skews more + for tomorrow- above 1.2550
See bullish above 1.2550
Actually this was being defended as well...
Plus CPI beaten .........
that big move up was bearish manipulation- hit R2 plus a standard deviation-
pullback to 50 retracement
After today ...things calm down a bit
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #535,597
  • Jul 15, 2020 5:23am Jul 15, 2020 5:23am
Quoting Bones
Trumps its not a line lol {quote}
Then what is it?
A circle?
A square?

What?
Compulsions can be hard to resist
  • #535,598
  • Jul 15, 2020 5:24am Jul 15, 2020 5:24am
Pin bar at 1 hour. That seems like a sell set up!
  • #535,599
  • Jul 15, 2020 5:26am Jul 15, 2020 5:26am
Waiting to see if 2629 can trigger some shorts, else m5 to h1 is saying short signals
h4 is still bullish until 2670...

Scenario is we may turn down from where we are now 2620....to bring prices down...spike up later then big down
Just playing with prices

I may start some shorts soon to play a h1 retrace down
COT: The precious data ignored
  • #535,600
  • Jul 15, 2020 5:29am Jul 15, 2020 5:29am
Quoting pipcenturion
{quote} I suggest that you close the buy positions and go short. All the best!
Thx mate but i prefer trends way
I have enough patience, confidence and hard ruls on my system to bring me profit and go ahead with my trade plan. I avoide counter trades and false information that lead traders change bias or lead them to make wrong decision.
stay green ans good luck
Mr.T
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