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Cable Update (GBPUSD)

  • #541,141
  • Aug 6, 2020 1:50am Aug 6, 2020 1:50am
1.3200 today.

Any dips to be bought.

IMO
Intraday only.
  • #541,142
  • Aug 6, 2020 1:52am Aug 6, 2020 1:52am
Quoting WhipKream
and honestly, why bother fighting the trend? it doesnt work with leveraged trading. like, im pretty sure i dont have a million, can you say you do? that will be when you are allowed to trade no SL in my opinion
What does the amount have anything to do with that? You only need $1k to trade without leverage, thus without risk.
Everyone can see the chart, but only a few can actually read it.
  • #541,143
  • Aug 6, 2020 1:52am Aug 6, 2020 1:52am
Quoting HaLBot
{quote} What's the spread on Ignore list
0.5 second
PA Return Today: 0.3%
  • #541,144
  • Aug 6, 2020 1:53am Aug 6, 2020 1:53am
Even after news relese , I still dont see enough momentum to get over 1.32
  • #541,145
  • Aug 6, 2020 1:57am Aug 6, 2020 1:57am
Quoting OnlineAddict
{quote} What does the amount have anything to do with that? You only need $1k to trade without leverage, thus without risk.
yeah, but do people really?
  • #541,146
  • Aug 6, 2020 1:59am Aug 6, 2020 1:59am
Quoting Almo2312
{quote} מה המצב אחי ,וואלה כואב לי לראות אותך כל פעם מזרים כסף לברוקרים ..שמע רגע,שים את השיטה שלך על גרף שעתי...
אבל יש מקרים שהוא נותן יותר מנר אחד , , יש לי כבר את השיטה הזאת , קנה גבוה שעתי חדש בשוק עולה או מכור נמוך שעתי חדש בשוק יורד
חוץ מזה הפאונד הגיע לאיזור התנגדות קשה
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu1.png Size: 31 KB
Click to Enlarge Name: gu2.png Size: 33 KB
yes yes yes
  • #541,147
  • Aug 6, 2020 2:01am Aug 6, 2020 2:01am
Quoting moty
{quote} אבל יש מקרים שהוא נותן יותר מנר אחד , , יש לי כבר את השיטה הזאת , קנה גבוה שעתי חדש בשוק עולה או מכור...

בדיוק ההפך אחי קנה נמוך בשוק עולה ומכור גבוה בשוק יורד

ואיך אתה עושה את זה פשוט

אתה מחכה בגרף שעתי שנר ייסגר כנר דובי ואז קונה בשוק עולה וההפך בשוק יורד
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #541,148
  • Aug 6, 2020 2:05am Aug 6, 2020 2:05am
Quoting WhipKream
{quote} yeah, but do people really?
Maybe some should...600 pips at 1:1 "leverage" = 6% a month = 100% a year = $1000 into $1 mil within 10 years.
Everyone can see the chart, but only a few can actually read it.
  • #541,149
  • Aug 6, 2020 2:05am Aug 6, 2020 2:05am
Bullish flag forming on lower TF's.
  • #541,150
  • Aug 6, 2020 2:06am Aug 6, 2020 2:06am
critical zone
Attached Image (click to enlarge)
Click to Enlarge Name: 011.jpg Size: 141 KB
  • #541,151
  • Aug 6, 2020 2:09am Aug 6, 2020 2:09am
Ами то както е тръгнало - да си пишем всички на нашите си езици.

Паунда ще се качи до едно и тридесет и две днес.

Им да им еба майката на идиотите дето си мислят, че управляват страницата.
Patience and Discipline.
  • #541,152
  • Aug 6, 2020 2:10am Aug 6, 2020 2:10am
... you can see the how price hit the mthly desc t/line (red) and that weekly channel top in that prev sw hi zone on daily chart below...this is where the sellers came in. That prev sw hi zone = prev res = pot rbs down to circa 3095 the next pot rbs on that t/f.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 154 KB
Trader with an Edge.
  • #541,153
  • Aug 6, 2020 2:11am Aug 6, 2020 2:11am
the drop is coming
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 27 KB
yes yes yes
  • #541,154
  • Aug 6, 2020 2:12am Aug 6, 2020 2:12am
Quoting OnlineAddict
{quote} Maybe some should...600 pips at 1:1 "leverage" = 6% a month = 100% a year = $1000 into $1 mil within 10 years.
haha yeah right, no ones got that kind of patience if you got under 1K. and if you can catch the month direction, hats off to you. i think since May, the EU proves my point. but if you can do that, (totally doable) and you have over 10k, it becomes very palatable of an income. not too risky not too volatile. but my tastes are greater, and i think anyone who trades can attest to that lol
  • #541,155
  • Aug 6, 2020 2:24am Aug 6, 2020 2:24am
Quoting navk
1.3200 today. Any dips to be bought. IMO
I don't think so
  • #541,156
  • Aug 6, 2020 2:28am Aug 6, 2020 2:28am
Quoting WhipKream
{quote} haha yeah right, no ones got that kind of patience if you got under 1K. and if you can catch the month direction, hats off to you. i think since May, the EU proves my point. but if you can do that, (totally doable) and you have over 10k, it becomes very palatable of an income. not too risky not too volatile. but my tastes are greater, and i think anyone who trades can attest to that lol
I think it would be best for most people to keep a small account like that, just as a bonus and let it grow over the years. On top of that everyone can trade whatever they are trading already...but keeping one low risk option is great for many trades people wouldn't dare to take on higher leverage.
Everyone can see the chart, but only a few can actually read it.
  • #541,157
  • Aug 6, 2020 2:29am Aug 6, 2020 2:29am
Hi All,

This will be my final post here at Forexfactory, so I'll make it brief. I woke up to the news this morning that one of my dear cousins passed away after being positively diagnosed with COVID19 a week ago. It made me realize how fragile life is, but even more so, how not to waste time on meaningless arguments with people that actually need to grow up. I'd also implore them to lookup the meaning of Community, FF is meant to be just that...

We find ourselves in the middle of a pandemic, the job losses world wide is nothing we've ever seen before. There are people who literally come here daily to find some guidance on how to make just enough money to survive. Filtering through all this noise must be hard for them, and I do feel sorry for the ones coming here for that purpose.

This is the second time I'm leaving FF since joining in 2018, but there will not be a third. I'm not the best trader, I said that before, but my intent was to help, nothing else. If I offended anyone with any of my posts, please accept my apology. To the rest, I wish you well with your trading journey. Stay positive, and put in the screen-time, it eventually pays off.

The world will be a different place in years to come, hopefully we'll all still be here to enjoy the new.

Green pips to you all
Guz out.
Charts don't drive price, market conditions drive price...
  • #541,158
  • Aug 6, 2020 2:33am Aug 6, 2020 2:33am
Quoting Guztro
Hi All, This will be my final post here at Forexfactory, so I'll make it brief. I woke up to the news this morning that one of my dear cousins passed away after being positively diagnosed with COVID19 a week ago. It made me realize how fragile life is, but even more so, how not to waste time on meaningless arguments with people that actually need to grow up. I'd also implore them to lookup the meaning of Community, FF is meant to be just that... We find ourselves in the middle of a pandemic, the job losses world wide is nothing we've ever seen before....
condolences Guz
take care of yourself.
in wondering about yourself, you forgot what you came here to be part of
  • #541,159
  • Aug 6, 2020 2:35am Aug 6, 2020 2:35am
Quoting Guztro
Hi All, This will be my final post here at Forexfactory, so I'll make it brief. I woke up to the news this morning that one of my dear cousins passed away after being positively diagnosed with COVID19 a week ago. It made me realize how fragile life is, but even more so, how not to waste time on meaningless arguments with people that actually need to grow up. I'd also implore them to lookup the meaning of Community, FF is meant to be just that... We find ourselves in the middle of a pandemic, the job losses world wide is nothing we've ever seen before....
Condolences and sorry for your loss.
Don't trade what you think. Just what you see!!!
  • #541,160
  • Aug 6, 2020 2:36am Aug 6, 2020 2:36am
Quoting b_hand
{quote} I don't think so
It will .

IMO.

Do not expect the price to fly always.

some consolidation is needed for thrust up
Intraday only.
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