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Cable Update (GBPUSD)

  • #542,181
  • Aug 12, 2020 8:32am Aug 12, 2020 8:32am
what a fight... the bear fighting not to lose the set.
bulls will win.. to the pivot at least.
  • #542,182
  • Aug 12, 2020 8:37am Aug 12, 2020 8:37am
Quoting gatenio
what a fight... the bear fighting not to lose the set. bulls will win.. to the pivot at least.
H4 & M30 battling it out !

above 3068 H4 loses and its full on bully bully
in wondering about yourself, you forgot what you came here to be part of
  • #542,183
  • Aug 12, 2020 8:38am Aug 12, 2020 8:38am
Usdix
The candle is rejecting down move..this can be another usd push, i have no trade atm
Attached Image (click to enlarge)
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  • #542,184
  • Aug 12, 2020 8:45am Aug 12, 2020 8:45am
for me, 3060... that is the first hurdle.

If this fails... will be down.

And for convincing shorts, it needs to fall below 3000.

and today is important day for the week.

bullish close or bearish close?
Intraday only.
  • #542,185
  • Aug 12, 2020 8:47am Aug 12, 2020 8:47am
Quoting knkie
{quote} H4 & M30 battling it out ! above 3068 H4 loses and its full on bully bully
some bears are sitting here in the area shitting on my screen.
dont want to move out of the way
  • #542,186
  • Aug 12, 2020 8:47am Aug 12, 2020 8:47am
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 32 KB
yes yes yes
  • #542,187
  • Aug 12, 2020 8:47am Aug 12, 2020 8:47am
Quoting navk
for me, 3060... that is the first hurdle. If this fails... will be down. And for convincing shorts, it needs to fall below 3000. and today is important day for the week. bullish close or bearish close?
good levels
in wondering about yourself, you forgot what you came here to be part of
  • #542,188
  • Aug 12, 2020 8:48am Aug 12, 2020 8:48am
Quoting gatenio
{quote} some bears are sitting here in the area shitting on my screen. dont want to move out of the way
this always happens when there are conflicting time frames.
in wondering about yourself, you forgot what you came here to be part of
  • #542,189
  • Aug 12, 2020 8:50am Aug 12, 2020 8:50am
ok im in @ 3047

Long
m5
in wondering about yourself, you forgot what you came here to be part of
  • #542,190
  • Aug 12, 2020 8:54am Aug 12, 2020 8:54am
I just shorted small position GU at 1.3045. Reason being the bounce from 1.30 is not sustaining, even when NY opens. EURGBP seems to be rallying again and GJ paused (twice) after breaking above small flag by 20pips.
Aiming for 1.30 and 1.2980
  • #542,191
  • Aug 12, 2020 8:55am Aug 12, 2020 8:55am
added test short from 1.3038, sl 20 pips
Like your wife says, hold the fucking position until I tell you I'm done.
  • #542,192
  • Aug 12, 2020 8:56am Aug 12, 2020 8:56am
Finally!, first trade of the month.
Sold cable for 40pips.
Let's see........
Patience.....
  • #542,193
  • Aug 12, 2020 8:57am Aug 12, 2020 8:57am
I shorted good trades guys
  • #542,194
  • Aug 12, 2020 9:00am Aug 12, 2020 9:00am
you guys shorting and longing....

I am almost done for the day.

Intraday only.
  • #542,195
  • Aug 12, 2020 9:01am Aug 12, 2020 9:01am
Quoting HBN08
I shorted good trades guys
agreed
good trades guys
i was wrong and exit -7 on my long
in wondering about yourself, you forgot what you came here to be part of
  • #542,196
  • Aug 12, 2020 9:01am Aug 12, 2020 9:01am
Quoting vowan4ik
added test short from 1.3038, sl 20 pips
sl at BE
Attached Image (click to enlarge)
Click to Enlarge Name: gu66.jpg Size: 71 KB
Like your wife says, hold the fucking position until I tell you I'm done.
  • #542,197
  • Aug 12, 2020 9:04am Aug 12, 2020 9:04am
Quoting SFundamental
Rally into the POC, for some shorts Plus London sold and NY sold yesterday. 6 pips up. Bit concerned about value though.... Maybe - they might test the swing high That double bottom into NY was a great long position earlier today My only concern But I know the banks are turning against Cable Just need to see some decent accumulation-maybe at the swing high...
30 pips up so far...once we get passed that double bottom....
Stops likely to push it a bit
Attached Image (click to enlarge)
Click to Enlarge Name: Cable.png Size: 77 KB
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #542,198
  • Aug 12, 2020 9:07am Aug 12, 2020 9:07am
Quoting navk
you guys shorting and longing.... I am almost done for the day.
I just started the day
Ussualy only trade Ny and a little in Asia
  • #542,199
  • Aug 12, 2020 9:08am Aug 12, 2020 9:08am
Quoting knkie
{quote} this always happens when there are conflicting time frames.
that's why i got a system playing with all tf (from m5 to h4). I have daily longs/shorts, no matter the trend
sticking to one tf is skipping interesting moves
COT: The precious data ignored
  • #542,200
  • Aug 12, 2020 9:09am Aug 12, 2020 9:09am
Quoting kuroro001
{quote} that's why i got a system playing with all tf (from m5 to h4). I have daily longs/shorts, no matter the trend sticking to one tf is skipping interesting moves
i agree with this
I use H4 M30 & M5
But i do only go one way.
I look for M30 momentum moves and time it on M5 ...H4 is a level reference.
in wondering about yourself, you forgot what you came here to be part of
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