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Cable Update (GBPUSD)

  • #539,741
  • Jul 30, 2020 8:29pm Jul 30, 2020 8:29pm
Quoting Mitiblotch
{quote} Good trades. This is how to trade. When you see a trend, look for the best place and join it. Don't be stupid to pick tops. Tops and bottoms are for ranging markets. More pips to you.
Yea you are right. Last time i always wanted to find top n bottom in the end get burn. Haha.
  • #539,742
  • Jul 30, 2020 8:35pm Jul 30, 2020 8:35pm
Quoting Moty
i will buy new hourly high after fo {image}
moty, you wan join me short here risk 1.3150?
  • #539,743
  • Jul 30, 2020 8:40pm Jul 30, 2020 8:40pm
Quoting Kimjoun
{quote} moty, you wan join me short here risk 1.3150?
is there a trend or signal or level reached for short now ?
Intraday only.
  • #539,744
  • Jul 30, 2020 8:47pm Jul 30, 2020 8:47pm
hope break out
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I believe in winning
  • #539,745
  • Jul 30, 2020 9:16pm Jul 30, 2020 9:16pm
Quoting Kimjoun
{quote} moty, you wan join me short here risk 1.3150?
no way hoze
yes yes yes
  • #539,746
  • Jul 30, 2020 9:31pm Jul 30, 2020 9:31pm
some examples

for the whole week, how R1 was hit when price was above pivot.

Today, the price yet to hit R1.
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Intraday only.
  • #539,747
  • Jul 30, 2020 9:43pm Jul 30, 2020 9:43pm
Sold 1.3125 for 1.3080, looks bull need more power to go up, but now i don't see it, maybe London
  • #539,748
  • Jul 30, 2020 9:56pm Jul 30, 2020 9:56pm
Today is the weekend, GPP is likely to continue to increase strongly
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I believe in winning
  • #539,749
  • Jul 30, 2020 10:58pm Jul 30, 2020 10:58pm
Dare I say it. This might be coming out of this bull run!
Don't trade what you think. Just what you see!!!
  • #539,750
  • Jul 30, 2020 11:05pm Jul 30, 2020 11:05pm
Quoting Headland
Message to the thread: No one is suggesting that some one's analysis shouldn't be challenged on this thread, or indeed their money management because we do see some bad practices here that will lead to short lived careers as a trader if traders exhibiting these do not recognise them and change them. But it is the manner in which this discourse and exchange of views is undertaken that is telling and it seems can tell us more about those doing the challenging than the challenged. We all understand that trading can be stressful and lead to heightened...
.

Quoting Headland
{quote} Who appointed you the moral arbiter of the thread ?
in wondering about yourself, you forgot what you came here to be part of
  • #539,751
  • Jul 30, 2020 11:10pm Jul 30, 2020 11:10pm
Quoting Theoak
Dare I say it. This might be coming out of this bull run!
somewhere LONGS haVE to get exhausted.

But dunno where.

Whenever, I shorted, faced problems.

Small pips shorts or longs are fine at this moment.

IMO
Intraday only.
  • #539,752
  • Jul 30, 2020 11:19pm Jul 30, 2020 11:19pm
Morning Everyone,

Tricky spot. I think spike to 1.32 without retrace

SS
  • #539,753
  • Jul 30, 2020 11:20pm Jul 30, 2020 11:20pm
Short 3128
Don't trade what you think. Just what you see!!!
  • #539,754
  • Edited Jul 31, 2020 12:14am Jul 30, 2020 11:25pm | Edited Jul 31, 2020 12:14am
G/M, ....last day of month...should be interesting.....Price at the hi @ 136% of the 13 week awr, and 149% of the 3mth amr. So far today 69% of the 30 day adr.

Oernight asian session buying to 3243 new trend hi...touch of the monthly desc t/line....below is what I see re pot res factors overhead.

> 3135-50 prev minor 4hr sw hi zone incl:
3137 38.2% 5930-1411
> 3144-55 Mthly desc t/line joining 7811 & 3515 on this week’s
candle
> 3150-3200-3209 prev dly/wkly sw hi zone incl:
3151 Dly R1
3164 1.618 ext of 2813-2252
3176 Wkly R3
3180-90 Wkly desc t/line joining 4376 & 3515 on this week’s
candle
3206 Dly R2
> 3213 50% 5016-1411
> 3243 61.8% 4376-1411
> 3255-84 Prev Dly sw hi zone
> 3286 Mthly R3
Trader with an Edge.
  • #539,755
  • Jul 30, 2020 11:28pm Jul 30, 2020 11:28pm
Quoting navk
{quote} somewhere LONGS haVE to get exhausted. But dunno where. Whenever, I shorted, faced problems. Small pips shorts or longs are fine at this moment. IMO
Maybe just to be cautious, no trading advice of course, myself was plenty long this week.
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A trader is as good as his stop loss. Understand your mistakes.
  • #539,756
  • Jul 30, 2020 11:28pm Jul 30, 2020 11:28pm
Quoting navk
{quote} somewhere LONGS haVE to get exhausted. But dunno where. Whenever, I shorted, faced problems. Small pips shorts or longs are fine at this moment. IMO
Small pips in ranging, high risk.
  • #539,757
  • Jul 30, 2020 11:34pm Jul 30, 2020 11:34pm
Panding order is in place in demo account until next deposit
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yes yes yes
  • #539,758
  • Jul 30, 2020 11:34pm Jul 30, 2020 11:34pm
Quoting ServerUang
{quote} Small pips in ranging, high risk.

...yes, 3142-3117 the immediate range now ...
Trader with an Edge.
  • #539,759
  • Jul 30, 2020 11:36pm Jul 30, 2020 11:36pm
Quoting Moty
Panding order is in place in demo account until next deposit
Damn Moty, you are transparent! Respect mate!
A trader is as good as his stop loss. Understand your mistakes.
  • #539,760
  • Jul 30, 2020 11:39pm Jul 30, 2020 11:39pm
if buyers can validate support at 1.31140 then prices are sure to move
near 32836 at the crossing of 31960 main resistance level.
Weekly Ema200 is showing no sign of resistance.
Lets see what the bulls can do from here . TGIF
Keep the Lights on then you can catch the rise from the dark.
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