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Cable Update (GBPUSD)

  • #537,601
  • Jul 22, 2020 7:21pm Jul 22, 2020 7:21pm
Quoting Black-Star
Just sharing a scenario that see on the charts. Did a top down analysis from Weekly chart to 5 minute chart. Off to bed now. See you lot tomorrow. Safe trading everyone {image} {image} {image} {image} {image} {image} {image} {image}
Nice job im with you in this one we get almost the same type of analysis (my 4H chart)
I puted pending orders for this night, im positive that Asia will bring it down but tomorow i smell a "long day" as i said
Cya tomorrow
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  • #537,602
  • Jul 22, 2020 7:54pm Jul 22, 2020 7:54pm
Good morning. Well here we are, my chart plan un-altered from yesterdays entry. Did not happen fast. Was tempted to closed manually, but just took a breath, and held. SL and TP all in original places. This is still current. Monthly tells me im wrong. Daily says maybe, so nothing to do now but to just walk away and do the gardening. Any input welcome. Have a good day everyone
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Emotional Control. Process, not outcome.
  • #537,603
  • Jul 22, 2020 10:49pm Jul 22, 2020 10:49pm
Quoting MoneyZilla
{quote} You picked that from here, right? {quote}
no , that is a well known fact.
genarally we are very close to the weekly range high and i saw the rejection of the last breakout
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yes yes yes
  • #537,604
  • Jul 22, 2020 11:20pm Jul 22, 2020 11:20pm
Quoting SCopier
Good morning all. Not clear yet, but possible on creating Bearish Pennant {image} {image}

except that the "bearish pennant" is supposed to form after a bear trend, as a continuation pattern, like in your pattern picture.

In your chart, the trend is up...
  • #537,605
  • Jul 22, 2020 11:23pm Jul 22, 2020 11:23pm
no shorts...for me
  • #537,606
  • Jul 22, 2020 11:34pm Jul 22, 2020 11:34pm
Quoting thevisitor
long 1.2695 Tp 1.2780
still in
had a sleepless night... little sick8
  • #537,607
  • Jul 22, 2020 11:36pm Jul 22, 2020 11:36pm
Quoting thevisitor
{quote} still in had a sleepless night... little sick8
feeling you mate, i think the next hour or two would be quite interesting , have some shorts but might close them as theey are already in deep red, again depending on what happens Frank & London.
A trader is as good as his stop loss. Understand your mistakes.
  • #537,608
  • Jul 22, 2020 11:49pm Jul 22, 2020 11:49pm

️
just for a cup of coffee...
  • #537,609
  • Jul 22, 2020 11:59pm Jul 22, 2020 11:59pm
Quoting akim0895
️
what are you waiting now akimo?
didnt saw target after you got 2680
  • #537,610
  • Edited 12:29am Jul 23, 2020 12:10am | Edited 12:29am
Quoting gatenio
{quote} what are you waiting now akimo? didnt saw target after you got 2680
next target 2810..
elder said..
step by step
just for a cup of coffee...
  • #537,611
  • Jul 23, 2020 12:32am Jul 23, 2020 12:32am
Quoting akim0895
{quote} nezt target 2810.. elder said.. step by step
yeah, it possible with major trend.. look like easy task lower tf.


but 2810 (red horizontal line) is the top of my R zone on D chart, break it.. and it can fly easy 300 pips.
but again, is the top of the R zone.

i think Georginson talk about that level.. it it wont break 2810 then next is....
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  • #537,612
  • Jul 23, 2020 12:40am Jul 23, 2020 12:40am
Quoting gatenio
{quote} yeah, it possible with major trend.. look like easy task lower tf. but 2810 (red horizontal line) is the top of my R zone on D chart, break it.. and it can fly easy 300 pips. but again, is the top of the R zone. i think Georginson talk about that level.. it it wont break 2810 then next is.... {image}
yeahh..
everything possible at forex
both side still have same opportunity to play
just for a cup of coffee...
  • #537,613
  • Jul 23, 2020 12:41am Jul 23, 2020 12:41am
Quoting thevisitor
{quote} still in had a sleepless night... little sick8
the high is broken, so after retrace, price is going up.
Intraday only.
  • #537,614
  • Jul 23, 2020 12:45am Jul 23, 2020 12:45am
the price will hold 2710 now.

IMO
Intraday only.
  • #537,615
  • Jul 23, 2020 12:48am Jul 23, 2020 12:48am
Quoting akim0895
{quote} yeahh.. everything possible at forex both side still have same opportunity to play
true mate,
another thing really important, i mention it yesterday.
im telling it everyone..

1. almost one week to month end, put it on your mind.. it could be nasty, both ways.
2. dxy sitting on big s in higher tf.
3. EU - not the best correlation, but still one of the major against the usd. BEARISH DIVERGENCE on DAILY (cci\rsi)
  • #537,616
  • Jul 23, 2020 12:49am Jul 23, 2020 12:49am
I see that we will have another day of random numbers throwing today. This thread turned from a place where you can share views and ideas into a shitshow really fast.

Great job ladies and gentleman!
Patience and Discipline.
  • #537,617
  • Jul 23, 2020 12:51am Jul 23, 2020 12:51am
Quoting Stefan90csk
I see that we will have another day of random numbers throwing today. This thread turned from a place where you can share views and ideas into a shitshow really fast. Great job ladies and gentleman!
Laydown some numbers/charts you think are more relevant...
Don't Leave Money on the Table
  • #537,618
  • Jul 23, 2020 12:59am Jul 23, 2020 12:59am
Quoting HaLBot
{quote} Laydown some numbers/charts you think are more relevant...
First of all - the last 20h we had a 20 pips range. This means that a big move is coming. The WR is already 250 pips. Very unlikely to see a new weekly high. We are already at WR2

Second - DXY is below MS3. Consolidation there too, the dollar might show its teeth today.

With that being said - no point of throwing random numbers. Watch the chart and trade what you see.
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Patience and Discipline.
  • #537,619
  • Jul 23, 2020 1:10am Jul 23, 2020 1:10am
AFTER consolidation, breakout happened.

2770 R1 is what is first target, 2770 to 2815 is place to watch for short.
Intraday only.
  • #537,620
  • Jul 23, 2020 1:11am Jul 23, 2020 1:11am
Quoting navk
the price will hold 2710 now. IMO
Do you see it dropping/retracing to 2710 now?
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