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Cable Update (GBPUSD)

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  • Post #542,281
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  • Aug 13, 2020 3:14am Aug 13, 2020 3:14am
  •  SCopier
  • Joined Sep 2012 | Status: Member | 915 Posts
Short
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  • Post #542,282
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  • Aug 13, 2020 3:14am Aug 13, 2020 3:14am
  •  knkie
  • Joined Apr 2012 | Status: Member | 6,019 Posts | Online Now
Quoting knkie
Disliked
buy 3066 lets see
Ignored
out -4
in wondering about yourself, you forgot what you came here to be part of
 
 
  • Post #542,283
  • Quote
  • Aug 13, 2020 3:16am Aug 13, 2020 3:16am
  •  navk
  • Joined Oct 2010 | Status: Trader | 17,241 Posts | Online Now
I have done and closed some trades, asian long and frankfurt short.

I can not and do not want to call it a day... long way to go yet.

London trade long I am waiting
Intraday only.
 
1
  • Post #542,284
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  • Aug 13, 2020 3:36am Aug 13, 2020 3:36am
  •  navk
  • Joined Oct 2010 | Status: Trader | 17,241 Posts | Online Now
Quoting Moty
Disliked
{image}
Ignored
4 hr is still bullish though daily is bearish.

See my chart...

And possible long set up.
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Intraday only.
 
1
  • Post #542,285
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  • Aug 13, 2020 4:03am Aug 13, 2020 4:03am
  •  MoneyZilla
  • Joined Dec 2015 | Status: Suuka Maadik | 3,630 Posts
I am almost all long. Hoping for at least 200 pips HL on the W1 candle.
Why not 1.3250-1.3300? Probably unlikely, but a hope is a hope...
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Maadik Hugiis. IQ 69.
 
3
  • Post #542,286
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  • Edited 4:26am Aug 13, 2020 4:11am | Edited 4:26am
  •  ohakaba
  • | Joined Aug 2016 | Status: optimistic | 303 Posts
Buyers attempting to buy dollar, sold eurusd....
 
 
  • Post #542,287
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  • Aug 13, 2020 4:16am Aug 13, 2020 4:16am
  •  WhipKream
  • | Joined Nov 2018 | Status: Member | 416 Posts
the whales are swimming north for the winter early this year. (if the even do that?)
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  • Post #542,288
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  • Aug 13, 2020 4:28am Aug 13, 2020 4:28am
  •  navk
  • Joined Oct 2010 | Status: Trader | 17,241 Posts | Online Now
the long set up... i am looking for still not getting it.

Probably in NY session..may get.

Until then small shorts... 5 pips..7 pips .. like that.

I am happy with that though
Intraday only.
 
1
  • Post #542,289
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  • Aug 13, 2020 4:44am Aug 13, 2020 4:44am
  •  zaidan
  • | Joined Sep 2017 | Status: Member | 68 Posts
good place to sell @1.3090 stop 1.3110
 
 
  • Post #542,290
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  • Aug 13, 2020 4:45am Aug 13, 2020 4:45am
  •  ohakaba
  • | Joined Aug 2016 | Status: optimistic | 303 Posts
Quoting ohakaba
Disliked
Buyers attempting to buy dollar, sold eurusd....
Ignored
Exited...with loss
 
 
  • Post #542,291
  • Quote
  • Aug 13, 2020 4:48am Aug 13, 2020 4:48am
  •  MarketPatrol
  • | Joined Nov 2019 | Status: Trade without Remorse. | 457 Posts
When you wait thinking it's a stop hunt price just flow and keep going and when you don't wait thinking price will flow and keep going you get creamed
Money First (MF)
 
 
  • Post #542,292
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  • Aug 13, 2020 4:53am Aug 13, 2020 4:53am
  •  Wavegarrick
  • Joined Sep 2017 | Status: Member | 3,434 Posts
Quoting Wavegarrick
Disliked
Gu Is showing all signs of daily higher highs and higher lows this week and more importantly a higher low from last weeks low at 1.29784 ish, my weekly pivot at 1.30728 stands and price has not pierced below after London yet. Very deceptive price action today but overall I stay bullish. Having said not easy trading right now will update Cheers.
Ignored
Hi Guys,
Important that GU breaks through my descending trend line.
Have a great day.
Cheers.
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Trade to trade another day
 
4
  • Post #542,293
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  • Aug 13, 2020 5:02am Aug 13, 2020 5:02am
  •  trumps
  • Joined Mar 2020 | Status: Member | 2,648 Posts
Quoting Wavegarrick
Disliked
{quote} Hi Guys, Important that GU breaks through my descending trend line. Have a great day. Cheers. {image}
Ignored
When making a judgement on higher highs and higher lows, it's worthwhile to look at the major swings and not every little swing.

Your chart shows lower highs and lower lows.
Compulsions can be hard to resist
Pulchra All Time Return: -88.4%
 
 
  • Post #542,294
  • Quote
  • Aug 13, 2020 5:07am Aug 13, 2020 5:07am
  •  Moty
  • Joined Dec 2017 | Status: Member | 23,974 Posts
if dx will support at this area , it will cause a 320 pips down move like it did that before
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  • Post #542,295
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  • Aug 13, 2020 5:18am Aug 13, 2020 5:18am
  •  navk
  • Joined Oct 2010 | Status: Trader | 17,241 Posts | Online Now
see you guys in NY.

Made the day.

So NY will be bonus with small risk
Intraday only.
 
2
  • Post #542,296
  • Quote
  • Aug 13, 2020 5:31am Aug 13, 2020 5:31am
  •  zaidan
  • | Joined Sep 2017 | Status: Member | 68 Posts
Quoting zaidan
Disliked
good place to sell @1.3090 stop 1.3110
Ignored
shall move the stop to 5 pips above entry 1.3095
 
 
  • Post #542,297
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  • Aug 13, 2020 5:35am Aug 13, 2020 5:35am
  •  HBN08
  • Joined Mar 2020 | Status: unity | 1,079 Posts
Hey guys good morning
Missed London again..
Usdix at importatnt sup , think Ny should be a sell in gbp , lets see how usdix goes
Good trades guys
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  • Post #542,298
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  • Aug 13, 2020 5:57am Aug 13, 2020 5:57am
  •  Wavegarrick
  • Joined Sep 2017 | Status: Member | 3,434 Posts
Quoting trumps
Disliked
{quote} When making a judgement on higher highs and higher lows, it's worthwhile to look at the major swings and not every little swing. Your chart shows lower highs and lower lows.
Ignored
When I posted my analysis on Tuesday we were going into a sequence of daily Higher highs and higher lows. It never materialized and my trail stops were taken out for a few pips profit.
Now here is where I might have confused you. In fact, I do look at swings on the weekly time frame. We have a weekly higher low and it is important for price to break through my descending trend line and hopefully end the week on a new high. Of course, you and I know that anything can happen and we could swing back down and for bears to get into the picture we need a new weekly lower low. All I know is that my trades are protected and I will not suffer any loss. Price must do what it has to and I sleep well.
Hope this clarifies.
Cheers
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Trade to trade another day
 
 
  • Post #542,299
  • Quote
  • Aug 13, 2020 6:05am Aug 13, 2020 6:05am
  •  trumps
  • Joined Mar 2020 | Status: Member | 2,648 Posts
Quoting Wavegarrick
Disliked
{quote} When I posted my analysis on Tuesday we were going into a sequence of daily Higher highs and higher lows. It never materialized and my trail stops were taken out for a few pips profit. Now here is where I might have confused you. In fact, I do look at swings on the weekly time frame. We have a weekly higher low and it is important for price to break through my descending trend line and hopefully end the week on a new high. Of course, you and I know that anything can happen and we could swing back down and for bears to get into the picture...
Ignored
Ahh right, sorry for that, different sections looked at
Compulsions can be hard to resist
Pulchra All Time Return: -88.4%
 
1
  • Post #542,300
  • Quote
  • Aug 13, 2020 6:14am Aug 13, 2020 6:14am
  •  Neil0163
  • Joined Jul 2017 | Status: Active member | 1,655 Posts
GU 1.35 ish long term
of course not anytime over next few days....
 
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