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Cable Update (GBPUSD)

  • #537,901
  • Jul 23, 2020 10:42am Jul 23, 2020 10:42am
daily desc t/lines at the current hi-4hr above them that joins 2813 with 2767. Wkly R2 2756, Dly R1 2770.
Trader with an Edge.
  • #537,902
  • Jul 23, 2020 10:44am Jul 23, 2020 10:44am
Quoting Coreg2004
{quote} thanks Guz, and welcome back ...currently I moved my office to shahab8b thread...
Thanks Coreg2004, with Covid pandemic not going away soon, I hope to add some value. I must admit, in all my years of trading, I haven't seen crazy market swings like this. Staying with the major trend is what kept me safe.

Guz
Charts don't drive price, market conditions drive price...
  • #537,903
  • Jul 23, 2020 10:51am Jul 23, 2020 10:51am
false break
Attached Image(s) (click to enlarge)
Click to Enlarge Name: dx1.png Size: 13 KB
Click to Enlarge Name: dx2.png Size: 28 KB
yes yes yes
  • #537,904
  • Jul 23, 2020 10:57am Jul 23, 2020 10:57am
Quoting Moty
false break {image} {image}
no bro... nothing is false..
they just on fire and we need to accept it
dollar is weak.. cant hold water
take a look on the month chart
  • #537,905
  • Jul 23, 2020 11:01am Jul 23, 2020 11:01am
Quoting gatenio
{quote} no bro... nothing is false.. they just on fire and we need to accept it dollar is weak.. cant hold water take a look on the month chart
Realest quote of the day!

SS
  • #537,906
  • Jul 23, 2020 11:02am Jul 23, 2020 11:02am
closed my long. profit locked in. waiting 20 minutes before next trade.
  • #537,907
  • Jul 23, 2020 11:03am Jul 23, 2020 11:03am
i said it since last week $$$ is heading down to 93 xxx

do not sell! only buy ...all is sell trap
  • #537,908
  • Jul 23, 2020 11:05am Jul 23, 2020 11:05am
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 30 KB
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 34 KB
yes yes yes
  • #537,909
  • Jul 23, 2020 11:09am Jul 23, 2020 11:09am
Quoting gatenio
{quote} no bro... nothing is false.. they just on fire and we need to accept it dollar is weak.. cant hold water take a look on the month chart
false i tell you
dx is back above 96
and eu is below 1.16143
yes yes yes
  • #537,910
  • Jul 23, 2020 11:12am Jul 23, 2020 11:12am
Quoting Moty
{quote} false i tell you dx is back above 96 and eu is below 1.16143
96? typo?
  • #537,911
  • Jul 23, 2020 11:14am Jul 23, 2020 11:14am
Quoting Moty
{quote} false i tell you dx is back above 96 and eu is below 1.16143
a false break is like 10-20 pips.
This is 40-50 above your first entry point.
in wondering about yourself, you forgot what you came here to be part of
  • #537,912
  • Jul 23, 2020 11:15am Jul 23, 2020 11:15am
TP 1.28 and higher
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot0.png Size: 195 KB
VSA Trader
  • #537,913
  • Jul 23, 2020 11:17am Jul 23, 2020 11:17am
Quoting JayBag
{quote} Realest quote of the day! SS
remember i was pm you when eu was less then 1.2, and i said what da fuck?! what is happening??
man i didnt predict such a move in my biggest dream or i need to say nightmares
  • #537,914
  • Jul 23, 2020 11:17am Jul 23, 2020 11:17am
back home
Said it 2 days ago Usdix going for 94.100 or less...
  • #537,915
  • Jul 23, 2020 11:19am Jul 23, 2020 11:19am
Quoting Moty
{image}{image}
you were in the money today.. you should protect it with such a bulls market conditions..
  • #537,916
  • Jul 23, 2020 11:37am Jul 23, 2020 11:37am
we are in finance crisis me be to day gbp 1.2600
  • #537,917
  • Jul 23, 2020 11:39am Jul 23, 2020 11:39am
he's obviously read some book recently,
Quoting Coreg2004
{quote} If you had a brain for charts patterns most likely you would use them too...Einstain...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #537,918
  • Jul 23, 2020 11:42am Jul 23, 2020 11:42am
Quoting Moty
{image}{image}


here is a simple strategy Moty.....enter a trade on 1hr by following the direction of previous day ..trade and manage it ....assume the previous day is bullish u will be looking for a buy signal at 1hr chart .

going in the direction of the previous day will earn you 70/100%

Have a good day
MY OPINION NOT FINANCIAL ADVISE
  • #537,919
  • Jul 23, 2020 11:45am Jul 23, 2020 11:45am
Spike up should happen today. FOMC is next Wed. Price usually starts a trend the Thursday before FOMC. Or at least it has since I noticed this little trend.
Don't compare your trades to others. Most often the masses are the asses
  • #537,920
  • Jul 23, 2020 11:46am Jul 23, 2020 11:46am
Quoting gatenio
{quote} remember i was pm you when eu was less then 1.2, and i said what da fuck?! what is happening?? man i didnt predict such a move in my biggest dream or i need to say nightmares
Oh yeah I remember bro.. EU became a beast on the bull side.. it didn’t take long to change my bias before I get toasted ..

Currently tracking only GU atm hence I only post here ..

GU should be interesting in the coming months
StaySafe
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