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Cable Update (GBPUSD)

  • #538,381
  • Edited 1:38am Jul 27, 2020 1:18am | Edited 1:38am
G/M. Finally that sw hi to 2813 yields to the upside....nice run up to Dly R2 @ 2858 - the current dly hi in asian session, and a pullback (+?) from there. Some bullish hidden div now in 15min, and possibly developing in 30min ? 90 pips the current daily range already - 83% of 30 day adr, and now @ 95% of 3mth amr. G/L today all.
1hr is below. Question now - is it a pullback or the start of something ?
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Trader with an Edge.
  • #538,382
  • Jul 27, 2020 1:24am Jul 27, 2020 1:24am
Quoting LeongPuiy
{quote} It will drop to 1.2X , just matter of time, bfr you follow any other trader here, you need to know what kind of trader they are, short term/ medium term or long term, for me Georginson seem playing long term and decent drawdown is fine for him, if you enter over lot size and follow him without any stop loss, and you can’t blame him, navk is short term /intraday, day trader for daily profit, how you want to compare 2 different type of trade? stop blaming, keep nagging will change your loss? if other people follow blindly lose also their business,...
  • #538,383
  • Jul 27, 2020 1:43am Jul 27, 2020 1:43am
well i say just keep buying lol

Long 2832
M15 & M30 swings
in wondering about yourself, you forgot what you came here to be part of
  • #538,384
  • Jul 27, 2020 1:44am Jul 27, 2020 1:44am
Quoting LeongPuiy
{quote} It will drop to 1.2X , just matter of time, bfr you follow any other trader here, you need to know what kind of trader they are, short term/ medium term or long term, for me Georginson seem playing long term and decent drawdown is fine for him, if you enter over lot size and follow him without any stop loss, and you can’t blame him, navk is short term /intraday, day trader for daily profit, how you want to compare 2 different type of trade? stop blaming, keep nagging will change your loss? if other people follow blindly lose also their business,...
I fully agree.
everyone has their own responsibility to trade their own.
  • #538,385
  • Jul 27, 2020 1:45am Jul 27, 2020 1:45am
...bulls making a fight of it after the pullback from 2858...3min reg bull div timing entry to 15min hidden bullish div there....scalp (+) I think everyone a lot are anticipating a deeper pullback than this though?
Trader with an Edge.
  • #538,386
  • Jul 27, 2020 1:50am Jul 27, 2020 1:50am
Quoting LeongPuiy
{quote} It will drop to 1.2X , just matter of time, bfr you follow any other trader here, you need to know what kind of trader they are, short term/ medium term or long term, for me Georginson seem playing long term and decent drawdown is fine for him, if you enter over lot size and follow him without any stop loss, and you can’t blame him, navk is short term /intraday, day trader for daily profit, how you want to compare 2 different type of trade? stop blaming, keep nagging will change your loss? if other people follow blindly lose also their business,...
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Data + Stat + Risk/Emotions Management
  • #538,387
  • Jul 27, 2020 2:00am Jul 27, 2020 2:00am
Well we could all do with some bit of comic relief and soap opera
  • #538,388
  • Jul 27, 2020 2:03am Jul 27, 2020 2:03am
...will almost certainly be buyers waiting at/in the zone leading up to 2813 prev 4hr/dly/wkly sw hi = prev res = pot rbs, if seen.
Trader with an Edge.
  • #538,389
  • Jul 27, 2020 2:29am Jul 27, 2020 2:29am
... the 4hr part of that prev 4hr/dly/wkly sw hi zone to 2813 goes down to 2786, the dly part to 2750...price just about touched the 2813 hi on my charts......any deeper pullback off 2858 current dly hi could see 1hr bullish hidden div develop in it - if seen....the ubiquitous fibs there too - of various major swings up to the 2858 current uptrend hi.
Trader with an Edge.
  • #538,390
  • Jul 27, 2020 2:36am Jul 27, 2020 2:36am
gu short so slow due weak usd. while gj book 50 pip
  • #538,391
  • Jul 27, 2020 2:38am Jul 27, 2020 2:38am
Last week and Last MOnth High were broken. I see price testing the open price of the week.
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Le$$ I$ More
  • #538,392
  • Jul 27, 2020 2:47am Jul 27, 2020 2:47am
My buy zone, looking for 1.29-2950 initially

But seriously, this thing is a rocket in only the early stages of going into orbit
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Compulsions can be hard to resist
  • #538,393
  • Jul 27, 2020 2:49am Jul 27, 2020 2:49am
...into that pot rbs zone...8 consecutive red candles on 30min before the bulls stepped in at the steepest 1hr asc t/line - 30min hidden div has indeed developed....probably good as long as stays a good way above 2768 sw lo.
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Trader with an Edge.
  • #538,394
  • Jul 27, 2020 2:57am Jul 27, 2020 2:57am
Quoting Georginson
July 2011 High 1.6469 - 1.5780 Low = 689 pips Range July 2012 High 1.5766 - 1.5392 Low = 374 pips Range July 2013 High 1.5434 - 1.4812 Low = 622 pips Range July 2014 High 1.7190 - 1.6856 Low = 334 pips Range July 2015 High 1.5734 - 1.5329 Low = 405 pips Range July 2016 High 1.3480 - 1.2795 Low = 685 pips Range July 2017 High 1.3224 - 1.2811 Low = 413 pips Range July 2018 High 1.3362 - 1.2957 Low = 405 pips Range July 2019 High 1.2705 - 1.2119 Low = 586 pips Range July 2020* High 1.2857 - 1.2358 Low = 499 pips Range JULYS MAXIMUM RANGE = 689 pips...
Every week you higher you short level

Once we go through 1.2890, you will short 1.30? 1.32 ? 1.35 ?
Make money by doing the opposite of Giveachance aka loser
  • #538,395
  • Jul 27, 2020 3:09am Jul 27, 2020 3:09am
The dollar hit 2 years low.

Retrenchment possible, but it sure looks like a bullish week ahead.
Patience and Discipline.
  • #538,396
  • Jul 27, 2020 3:12am Jul 27, 2020 3:12am
Quoting nessus94
{quote} Every week you higher you short level Once we go through 1.2890, you will short 1.30? 1.32 ? 1.35 ?
hahahaha pls ignore the joker he doesn't know what he is doing
  • #538,397
  • Jul 27, 2020 3:14am Jul 27, 2020 3:14am
...Due to gap down at open from friday's closing price have adjusted my quartile range analysis forecast accordingly. So most likely hi this week now 2908, and most likely max hi 3037. Most likely lo 2639, and most likely max lo 2519. (Please see qualifying notes about these forecasts in prev posts - essentially they are experimental.)
Trader with an Edge.
  • #538,398
  • Jul 27, 2020 3:17am Jul 27, 2020 3:17am
Quoting epzero
{quote} hahahaha pls ignore the joker he doesn't know what he is doing
That criticism should be levelled at you for following someone blindly. Who's the bigger fool ?
Trader with an Edge.
  • #538,399
  • Jul 27, 2020 3:20am Jul 27, 2020 3:20am
Quoting Headland
{quote} That criticism should be levelled at you for following someone blindly. Who's the bigger fool ?
since your sure of the max high and low why don't you risk using your max lot and be a billion idiot
  • #538,400
  • Jul 27, 2020 3:21am Jul 27, 2020 3:21am
Quoting trumps
My buy zone, looking for 1.29-2950 initially But seriously, this thing is a rocket in only the early stages of going into orbit {image} {image}
Or it might just say, "you know what, retesting last month's high is all the springboard I need"
Compulsions can be hard to resist
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