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Cable Update (GBPUSD)

  • #537,861
  • Jul 23, 2020 9:55am Jul 23, 2020 9:55am
HAhahaaa GU follows GBP/AUD to fly .... party
not euphoria follower
  • #537,862
  • Jul 23, 2020 9:57am Jul 23, 2020 9:57am
Quoting WizardTrade
Gold has to test 1900 level before any down move for GU
I wonder if gold breaks the resistance of years on the first try? I just watch.

I should wait because what if this is a stop loss hunt?

I am not doing anything at the moment neither buying nor selling.
  • #537,863
  • Jul 23, 2020 9:59am Jul 23, 2020 9:59am
im very lazy to show the chart. look like gu break upper daily tl and bounce right on it
  • #537,864
  • Jul 23, 2020 9:59am Jul 23, 2020 9:59am
Quoting akhmadixmail
{quote} TP lowered to 1.275...need some sleep, after these 3 days...
Hit

Set Sell Limit @1.277 SL 1.283 TP 1.27

No more trade, just observing.
  • #537,865
  • Jul 23, 2020 10:00am Jul 23, 2020 10:00am
What happens when you go against your trading rules and set up. Don't be too cocky in the market or it will expose you..
Attached Image (click to enlarge)
Click to Enlarge Name: C1DDA19E-E640-45C2-8BCB-925AE7C254D4.png Size: 312 KB
Le$$ I$ More
  • #537,866
  • Jul 23, 2020 10:00am Jul 23, 2020 10:00am
I'm not going to say I told you so, but I will show you...again EU gave the direction.

Guz
Attached Image (click to enlarge)
Click to Enlarge Name: 2307 Trades.JPG Size: 34 KB
Charts don't drive price, market conditions drive price...
  • #537,867
  • Jul 23, 2020 10:01am Jul 23, 2020 10:01am
Quoting Roszey
What happens when you go against your trading rules and set up. Don't be too cocky in the market or it will expose you.. {image}
happens many times... =))
  • #537,868
  • Jul 23, 2020 10:02am Jul 23, 2020 10:02am
Quoting Roszey
What happens when you go against your trading rules and set up. Don't be too cocky in the market or it will expose you.. {image}
it will come around
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu2.png Size: 48 KB
Click to Enlarge Name: gu1.png Size: 38 KB
yes yes yes
  • #537,869
  • Jul 23, 2020 10:02am Jul 23, 2020 10:02am
Every sell trade had been short lived these three weeks and the reason is that Gold has to reach 1900. From there IMHO we will see the decline on GU and on all those pairs which carry USD as counter currency.

Trade Safe.
TW
WARNING: This post warps space and time in its vicinity.
  • #537,870
  • Jul 23, 2020 10:02am Jul 23, 2020 10:02am
2hr master bullish engulf close x13
Attached Image
Trader with an Edge.
  • #537,871
  • Jul 23, 2020 10:03am Jul 23, 2020 10:03am
Quoting Roszey
What happens when you go against your trading rules and set up. Don't be too cocky in the market or it will expose you.. {image}
Sorry bro, at the risk of repeating myself, I said since yesterday that the H4 and Daily has not turned. Get them next time.

Guz
Charts don't drive price, market conditions drive price...
  • #537,872
  • Jul 23, 2020 10:03am Jul 23, 2020 10:03am
Quoting Moty
{image}
how do you give away so much profit.
in wondering about yourself, you forgot what you came here to be part of
  • #537,873
  • Jul 23, 2020 10:04am Jul 23, 2020 10:04am
Quoting Marcieny
{quote} I wonder if gold breaks the resistance of years on the first try? I just watch. I should wait because what if this is a stop loss hunt? I am not doing anything at the moment neither buying nor selling.
Correct. The price action study must be done once Gold reaches there. Bull run is going to get over the next week.

Cheers
WARNING: This post warps space and time in its vicinity.
  • #537,874
  • Jul 23, 2020 10:06am Jul 23, 2020 10:06am
Quoting Marcieny
{quote} I wonder if gold breaks the resistance of years on the first try? I just watch. I should wait because what if this is a stop loss hunt? I am not doing anything at the moment neither buying nor selling.

...don't not do anything - phone those 2 friends of yours that can see into the future and enter a trade - it's a sure thing - isn't it ?
Trader with an Edge.
  • #537,875
  • Jul 23, 2020 10:06am Jul 23, 2020 10:06am
Quoting Headland
{quote} ...don't do nothing - phone those 2 friends of yours that can see into the future and enter a trade - it's a sure thing - isn't it ?
LMAO. That is a good suggestion
WARNING: This post warps space and time in its vicinity.
  • #537,876
  • Jul 23, 2020 10:08am Jul 23, 2020 10:08am
Quoting Headland
{quote} ...don't do nothing - phone those 2 friends of yours that can see into the future and enter a trade - it's a sure thing - isn't it ?
I don't need to call one, because one of them is me.
  • #537,877
  • Jul 23, 2020 10:09am Jul 23, 2020 10:09am
Quoting WizardTrade
Every sell trade had been short lived these three weeks and the reason is that Gold has to reach 1900. From there IMHO we will see the decline on GU and on all those pairs which carry USD as counter currency. Trade Safe. TW
Or is this the start of the usd collapse?
Technically you look monthly and gu is still in a relatively low price. Think we will have a drop potentially soon just not sure where or when.
"Anger clouds the mind. Turned inward, it is an unconquerable enemy."
  • #537,878
  • Jul 23, 2020 10:09am Jul 23, 2020 10:09am
Quoting Guztro
I'm not going to say I told you so, but I will show you...again EU gave the direction. Guz {image}
eu is going to drop heavily , major res ahead
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.png Size: 14 KB
Click to Enlarge Name: eg.png Size: 27 KB
yes yes yes
  • #537,879
  • Jul 23, 2020 10:09am Jul 23, 2020 10:09am
Judy Shelton, nominated by Trump who happen to be a gold bug (supports gold backed USD), has been advancing through FRB governorship confirmation.
If/When this happens, I expect gold to see at least 2,500/oz next year.
Lost....
  • #537,880
  • Jul 23, 2020 10:10am Jul 23, 2020 10:10am
Quoting Moty
{quote} eu is going to drop heavily , major res ahead {image}
+ you can draw a trendline from the 1,40 top....its going to where we are now
major res
COT: The precious data ignored
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