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Cable Update (GBPUSD)

  • #536,281
  • Jul 17, 2020 7:02am Jul 17, 2020 7:02am
Quoting Raivcha
{quote} By looking on my charts I feel we will see big up move...
You must go with you own strategy. I'm on a short with a 40 pip gain and a 16 pip sl. I can get this wrong, but hopefully be correct. If this breaks this resistance below then down she goes in my view. I also believe a 100 pip move down is also on the cards, but aiming for 40 pip at moment. The best strategy today would have been a 15m bollinger band scalping, but that's easy to say now. I don't know what chart you are looking at or Time Frame, but you must stick to your own strategy is very important
Don't trade what you think. Just what you see!!!
  • #536,282
  • Jul 17, 2020 7:06am Jul 17, 2020 7:06am
1 minute chart basically copy/pasting itself but hinting downwards - looking eerily similar to 1 hour chart and 4 hour chart as well, who knows - good luck to al
Attached Image (click to enlarge)
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  • #536,283
  • Jul 17, 2020 7:06am Jul 17, 2020 7:06am
no trades today for me, wasn't feeling it
posted results daily trading ideas if anyones interested
Wish you all a good weekend. Take it easy all.

Joe
  • #536,284
  • Jul 17, 2020 7:07am Jul 17, 2020 7:07am
Quoting kuroro001
{quote} How's the 20%/day adventure going so far? Check on your thread but there is no update Cheers
not able to concentrate in demo
Intraday only.
  • #536,285
  • Jul 17, 2020 7:10am Jul 17, 2020 7:10am
clear break of 2535 is needed
Intraday only.
  • #536,286
  • Jul 17, 2020 7:12am Jul 17, 2020 7:12am
this up and down movement is realy annoying .
drop all ready
i was in 100 $ profit 3 times allready and back to 20
next h4 candle just started need to 1.25370
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 44 KB
yes yes yes
  • #536,287
  • Jul 17, 2020 7:13am Jul 17, 2020 7:13am
Quoting Moty
this up and down movement is realy annoying . drop all ready i was in 100 $ profit 3 times allready and back to 20
Agree too choppy for a deceit trade
  • #536,288
  • Jul 17, 2020 7:14am Jul 17, 2020 7:14am
30 min chart has basically formed a triangle into one point as well, next hour should be fun.
  • #536,289
  • Jul 17, 2020 7:19am Jul 17, 2020 7:19am
Quoting Theoak
{quote} Nice chart. One thing for newbie traders to note. When these Moving Averages start to getting bunched up like this chart. You start getting this chop. {image}
The reason we are having the Chop is because both currencies are week. is as simple as that
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #536,290
  • Jul 17, 2020 7:19am Jul 17, 2020 7:19am
Quoting Moty
this up and down movement is realy annoying . drop all ready i was in 100 $ profit 3 times allready and back to 20 next h4 candle just started need to 1.25370 {image}
I was 100 $ and up three times as well.
Intraday only.
  • #536,291
  • Jul 17, 2020 7:25am Jul 17, 2020 7:25am
Quoting navk
it is going to close below 2550 for a big drop tomorrow
where is the drop ? you promised
yes yes yes
  • #536,292
  • Jul 17, 2020 7:25am Jul 17, 2020 7:25am
Quoting navk
what a chop. Whole of last 4 hrs. hmm... my long stop got hit, two times. Both times minimum
yeahh..
both side stop taken
just for a cup of coffee...
  • #536,293
  • Jul 17, 2020 7:28am Jul 17, 2020 7:28am
Quoting akim0895
{quote} yeahh.. both side stop taken
for me only one side stop. I was long 2 times.

Now I am not in hury
Intraday only.
  • #536,294
  • Jul 17, 2020 7:29am Jul 17, 2020 7:29am
Drop is here :>
  • #536,295
  • Jul 17, 2020 7:29am Jul 17, 2020 7:29am
Tp at 1.25100 will hold it
  • #536,296
  • Jul 17, 2020 7:33am Jul 17, 2020 7:33am
go down boy, i want to
buy cheap.
  • #536,297
  • Jul 17, 2020 7:33am Jul 17, 2020 7:33am
Quoting Georginson
{quote} Not a rumour mate. Check previous posts and you will see some levels. This thread have different trading methodologies and not ideal to impose levels but it is important to know some medium term scenarios ahead of time as tight ranges don't last for an extended period of time, some levels must break
I got you on that but let 2535 turns into a resistance and i could be sure of the fact that it will drop!!
Keep the Lights on then you can catch the rise from the dark.
  • #536,298
  • Jul 17, 2020 7:34am Jul 17, 2020 7:34am
Quoting martinez1
{quote} The reason we are having the Chop is because both currencies are week. is as simple as that
Ok! Will not give any more tips as it is pointless and can effect ones confidence of their own system. I think it is best if we stick to our own systems.

All currencies on the planet are week at the moment. So make from it what you want.
Don't trade what you think. Just what you see!!!
  • #536,299
  • Jul 17, 2020 7:38am Jul 17, 2020 7:38am
trend line and yesterday low is broken .
the big drop is here
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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yes yes yes
  • #536,300
  • Jul 17, 2020 7:41am Jul 17, 2020 7:41am
Can we make it to S2?
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