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Cable Update (GBPUSD)

  • #535,821
  • Jul 16, 2020 1:35am Jul 16, 2020 1:35am
Quoting elbert3
{quote} Never understood that indi but when you see it on a chart it des look affective. Don’t you need 2 of the same colour to indicate change or some procedures??? Well I have short trades again I should not of tp last night I am now thinking but GL
rest of TF does not matter to me.

In heikenashi I look for daily candle.

Have a look at yesterday daily candle , HA.

100 PIPS candle

Today, when tokyo opened, short started.

Yesterday when asia strted, bull action started as yo can see
Attached Image (click to enlarge)
Click to Enlarge Name: OctaFX.png Size: 80 KB
Intraday only.
  • #535,822
  • Jul 16, 2020 1:38am Jul 16, 2020 1:38am
Quoting navk
{quote} if the price breaks 2595, then scenario is different. Trading is probability. No one ( retailers like us ) trade for 100 pips. If I say 100 pip day, i can go confident in that side. With some levels in mind

In trading you cant be right all d time sometimes there must be losses. Keep the post no goin back on the shorts now.
Keep the Lights on then you can catch the rise from the dark.
  • #535,823
  • Jul 16, 2020 1:39am Jul 16, 2020 1:39am
this is just my view guys.

There are different types of traders, and caution is needed.
Intraday only.
  • #535,824
  • Jul 16, 2020 1:40am Jul 16, 2020 1:40am
Quoting ricmaj
{quote} In trading you cant be right all d time sometimes there must be losses. Keep the post no goin back on the shorts now.
that is because, we try to trade long and short in same day,

means scalping in any direction.

IMO, this is reason for loss
Intraday only.
  • #535,825
  • Jul 16, 2020 1:43am Jul 16, 2020 1:43am
Quoting navk
{quote} that is because, we try to trade long and short in same day, means scalping in any direction. IMO, this is reason for loss
i gotta agree, true pain in the ass causer for losses for me at least yesterday and today, i just got to sit tighter : ) also some overnight trades create trouble.
A trader is as good as his stop loss. Understand your mistakes.
  • #535,826
  • Jul 16, 2020 1:44am Jul 16, 2020 1:44am
weekly and monthly are bullish.

If weekly has to change, then next week only.

If daily changes tomorrow to bull, then long is preferred in line with weekly and monthly.
Attached Image (click to enlarge)
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Intraday only.
  • #535,827
  • Jul 16, 2020 1:44am Jul 16, 2020 1:44am
Going down, again, for a false break, probably, to the MN opening price (the cross)?
Attached Image (click to enlarge)
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Maadik Hugiis. IQ 69.
  • #535,828
  • Jul 16, 2020 1:51am Jul 16, 2020 1:51am
Quoting left-brained
{quote} IMO I see it in the complete inverse. I expect GU to retest yesterday's high @ 1.264 before breaking 1.2500
I shall see if 2595 is breached.

Until then bearish to me.
Intraday only.
  • #535,829
  • Jul 16, 2020 1:52am Jul 16, 2020 1:52am
Attached Image (click to enlarge)
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Quoting navk
{quote} rest of TF does not matter to me. In heikenashi I look for daily candle. Have a look at yesterday daily candle , HA. 100 PIPS candle Today, when tokyo opened, short started. Yesterday when asia strted, bull action started as yo can see {image}
I see 2495 on your chart I have this look
  • #535,830
  • Jul 16, 2020 1:55am Jul 16, 2020 1:55am
Quoting gatenio
im scalping buy here, 1. london was higher 2. price didnt close below yesterday pivot 3. we are now at yesterday pivot. 4. i love my ichimoko cloud get tested after it break, m30 didnt manage to do so. where is the cloud now? daily pivot. 5. i will use sl=be when faster the usual {image}
sl on +1
  • #535,831
  • Jul 16, 2020 1:58am Jul 16, 2020 1:58am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot0.png Size: 62 KB

100% target that will be seen
  • #535,832
  • Jul 16, 2020 1:59am Jul 16, 2020 1:59am
Quoting navk
{quote} I shall see if 2595 is breached. Until then bearish to me.
Attached Image (click to enlarge)
Click to Enlarge Name: DC31F5C6-8B04-4216-B5FB-758ED3F0207E.jpeg Size: 309 KB
if ???if it breaks that 2490 area it 1.could come back up and confirm high .2.it clears all emas so support is week . So we note that
  • #535,833
  • Jul 16, 2020 2:05am Jul 16, 2020 2:05am
Quoting elbert3
{quote} {image} if ???if it breaks that 2490 area it 1.could come back up and confirm high .2.it clears all emas so support is week . So we note that
to me all point out short today.

anyway, i look to some retrace in London to short later, under 2595
Intraday only.
  • #535,834
  • Jul 16, 2020 2:05am Jul 16, 2020 2:05am
Green employed numbers but the real story is this https://www.ons.gov.uk/employmentand...arket/july2020
  • #535,835
  • Jul 16, 2020 2:08am Jul 16, 2020 2:08am
Quoting elbert3
{quote} {image} if ???if it breaks that 2490 area it 1.could come back up and confirm high .2.it clears all emas so support is week . So we note that
frankfurt high is 2562, that level is unlikely to break today IMO
Intraday only.
  • #535,836
  • Jul 16, 2020 2:15am Jul 16, 2020 2:15am
This neckline break on GJ will bring in the desired fall in GU Get ready sellers

TW
Attached Image (click to enlarge)
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WARNING: This post warps space and time in its vicinity.
  • #535,837
  • Jul 16, 2020 2:22am Jul 16, 2020 2:22am
Quoting WizardTrade
This neckline break on GJ will bring in the desired fall in GU Get ready sellers TW {image}
Patience is needed, it could also bounce from that level.
  • #535,838
  • Jul 16, 2020 2:23am Jul 16, 2020 2:23am
Quoting WizardTrade
What I am seeing right now on H4. Trade Safe. {image}
Intact
WARNING: This post warps space and time in its vicinity.
  • #535,839
  • Jul 16, 2020 2:24am Jul 16, 2020 2:24am
Quoting left-brained
{quote} Patience is needed, it could also bounce from that level.
The only chance is too low to pop up. Odds in favor of sells Trade Safe. Follow your own plan.

TW
WARNING: This post warps space and time in its vicinity.
  • #535,840
  • Jul 16, 2020 2:25am Jul 16, 2020 2:25am
mr. professional trader did screw me up yestarday, by looking at the stoch 100, obviously... i hope he is banging a hooker at the moment and misses on stoch 0? just for a couple of hours?
Attached Image (click to enlarge)
Click to Enlarge Name: DC11977F-5BEB-4B4D-A2C8-33DDEDDB8F25.jpeg Size: 1.2 MB
Maadik Hugiis. IQ 69.
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