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Cable Update (GBPUSD)

  • #538,061
  • Jul 24, 2020 4:22am Jul 24, 2020 4:22am
I thought price would not go to 1,2771 area but now I think it will go there first before the the next big move. On the sideline at the moment, this is a demo trade.
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  • #538,062
  • Jul 24, 2020 4:25am Jul 24, 2020 4:25am
chance to short at higher price?
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  • #538,063
  • Jul 24, 2020 4:28am Jul 24, 2020 4:28am
Quoting JayBag
{quote} I have no right to tell anyone, anything but this place is a bad a**.. please be careful StaySafe
Stop out. 10 pips
Don't trade what you think. Just what you see!!!
  • #538,064
  • Jul 24, 2020 4:30am Jul 24, 2020 4:30am
More upside, if it break this:
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Patience and Discipline.
  • #538,065
  • Edited 5:39am Jul 24, 2020 4:30am | Edited 5:39am
Long 1.2728 SL DPP-1 Target 1.28100
Hoping for a bounce of the D PP + similar pattern on the 4H as yesterday and Wednesday
  • #538,066
  • Jul 24, 2020 4:31am Jul 24, 2020 4:31am
Please consider taking a look at my Daily Market Update.
I provide trading ideas with potential stops and targets.

DXY starts at 0:03.
GBP/USD starts at 10:25.

I upload weekly analysis every Sunday and daily analysis from TUE to FRI.

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  • #538,067
  • Jul 24, 2020 4:34am Jul 24, 2020 4:34am
I am the last person to listen here. My bet is, they will probably brake the channel on the upside? Next week maybe? Starting from a little down there, maybe 1.2630 or around?
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There are like ~100 pips on the downside. I think the upside breakthrough will happen from or around the median channel line, which happen to be also crossing some triangle low line, pointing upwards?
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Maadik Hugiis. IQ 69.
  • #538,068
  • Jul 24, 2020 4:36am Jul 24, 2020 4:36am
Quoting tehnoob
{quote} hello guys! Well, we've had our 200 pips up from 1.2550s, so now it's maybe time for a pufferfish short punt, with small SL {image}
My puffer short got stopped out by 1 pip! Augh!

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  • #538,069
  • Jul 24, 2020 4:45am Jul 24, 2020 4:45am
Hi Guys,

Here is how I currently see it. Usdx from a 4hr perspective, currently resting on my weekly support 2 at 94.548 and just above my monthly support 2 at 94.464. If the dollar has any hope of a reprieve and perhaps a correction I need to see a 4 hr close above my daily pivot at 94.758 (green highlight) and perhaps a sequence of new daily higher highs and lows would be a good thing before considering opposite entries on Gu. If my monthly support at 94.464 breaks, the next logical level would be my yearly support 1 at 93.9843. It is Friday and anything can happen.
Patience and more patience needed here.
Trade safe
Cheers.
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Trade to trade another day
  • #538,070
  • Jul 24, 2020 4:52am Jul 24, 2020 4:52am
Quoting Wavegarrick
Hi Guys, Here is how I currently see it. Usdx from a 4hr perspective, currently resting on my weekly support 2 at 94.548 and just above my monthly support 2 at 94.464. If the dollar has any hope of a reprieve and perhaps a correction I need to see a 4 hr close above my daily pivot at 94.758 (green highlight) and perhaps a sequence of new daily higher highs and lows would be a good thing before considering opposite entries on Gu. If my monthly support at 94.464 breaks, the next logical level would be my yearly support 1 at 93.9843. It is Friday and...
i have 93.80-94.00 as next demand level also
  • #538,071
  • Jul 24, 2020 4:57am Jul 24, 2020 4:57am
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yes yes yes
  • #538,072
  • Jul 24, 2020 4:57am Jul 24, 2020 4:57am
tell yourself the story guys,
Why would they create a level of demand over shoot that level on a retest to grab liquidity to take the market higher to then just sell off a day later makes no sense and would cost to much money to do...the volume you see is banks and institutions.

stop trying to pick tops.....

Price moved with volume from demand, we now have a pull back into that area of volume where your all shorting into, whilst shorting banks are palcing more buy orders using you guys as liquidity.

Momentum has been up all week. why are you guys trying to short use your heads peeps

a 15 min 30 pip candle isnt volume lol
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  • #538,073
  • Jul 24, 2020 4:58am Jul 24, 2020 4:58am
Quoting Gilaforex13
{quote} Bear side, right?
I am leaning more to a bull break but it could be argued that the bulls are too weak to break and so the bears may test the downside.

For me I am just scalping both long and short and have made a lot of money today.
  • #538,074
  • Jul 24, 2020 5:00am Jul 24, 2020 5:00am
Quoting Moty
{image}
see this is more like it ive been saying 1.28 is the next supply level price moves from supply to demand and vice versa hope you not took to much of a loss bro
  • #538,075
  • Jul 24, 2020 5:05am Jul 24, 2020 5:05am
This is going higher, sellers can't budge it.
  • #538,076
  • Jul 24, 2020 5:06am Jul 24, 2020 5:06am
Quoting Neil0163
tell yourself the story guys, Why would they create a level of demand over shoot that level on a retest to grab liquidity to take the market higher to then just sell off a day later makes no sense and would cost to much money to do...the volume you see is banks and institutions. stop trying to pick tops..... Price moved with volume from demand, we now have a pull back into that area of volume where your all shorting into, whilst shorting banks are palcing more buy orders using you guys as liquidity. Momentum has been up all week. why are you guys...
Hey Neil, people will always do what they want to do, so there's no point questioning why they do things. I learned that through this thread and it saved me a lot of time trying to persuade others.
Just post your analyses and hopefully many here will learn from it. No need to influence anyone.
Lost....
  • #538,077
  • Jul 24, 2020 5:11am Jul 24, 2020 5:11am
Quoting Neil0163
{quote} see this is more like it ive been saying 1.28 is the next supply level price moves from supply to demand and vice versa hope you not took to much of a loss bro
So i guess you have no losses at all ?
Make money by doing the opposite of Giveachance aka loser
  • #538,078
  • Jul 24, 2020 5:16am Jul 24, 2020 5:16am
Quoting gespiri
{quote} Hey Neil, people will always do what they want to do, so there's no point questioning why they do things. I learned that through this thread and it saved me a lot of time trying to persuade others. Just post your analyses and hopefully many here will learn from it. No need to influence anyone.
i hear you friend, i just genuinely want people to succeed that's all, ive even created my own free group on telegram to try and help people, i got to the point where i tried everything.
All indicators
Wave theories
Chart patterns (i actually had a thread on here about them Which BONES joined my i add yet he knocked me yesterday)
none of it i was consistent with, spent £1000sss on "courses" which all had the same old retail horse rubbish and it took me 2-3 years to see none of it worked what so ever. i gave up posting in here as much like some i used to get persuaded in to bad trades and im not knocking any traders at all but majority of post are either retail trading methods or systems full of indicators that just dont work (granted a few may work but slim chances)
I went away and i worked on my self and tried to figure out where i went wrong and now for a year ive got the concept of course i still have loosing trades who dosent. but i just want everyone to succeed in here and when i see things being posted that ive tried that i know dont work im just like man come on guys look im dropping gold for you all here!
lol

but i hear you man
  • #538,079
  • Jul 24, 2020 5:18am Jul 24, 2020 5:18am
Quoting nessus94
{quote} So i guess you have no losses at all ?
No and only an idiot would say they dont have losses, but what i do have is finally a 100k Funded account having proved my trading ability to FTMO. (not sure if you herd about them great company if you dont have a big enough trading account and you can pass there challenge) like i said in a previous post i just want everyone to succeed im not toxic like a lot of people.
  • #538,080
  • Jul 24, 2020 5:26am Jul 24, 2020 5:26am
Quoting Neil0163
{quote} see this is more like it ive been saying 1.28 is the next supply level price moves from supply to demand and vice versa hope you not took to much of a loss bro
let's say this , i deposite 200 $ two weeks ago .
went up to 550 and now stopped out at 270 & equity , so i a'm up 70 $.
it's still profit
yes yes yes
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