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Cable Update (GBPUSD)

  • #542,281
  • Aug 13, 2020 2:14am Aug 13, 2020 2:14am
Short
Attached Image (click to enlarge)
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  • #542,282
  • Aug 13, 2020 2:14am Aug 13, 2020 2:14am
Quoting knkie
buy 3066 lets see
out -4
in wondering about yourself, you forgot what you came here to be part of
  • #542,283
  • Aug 13, 2020 2:16am Aug 13, 2020 2:16am
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.
  • #542,284
  • Aug 13, 2020 2:36am Aug 13, 2020 2:36am
Quoting Moty
{image}
4 hr is still bullish though daily is bearish.

See my chart...

And possible long set up.
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Intraday only.
  • #542,285
  • Aug 13, 2020 3:03am Aug 13, 2020 3:03am
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.
  • #542,286
  • Edited 3:26am Aug 13, 2020 3:11am | Edited 3:26am
Buyers attempting to buy dollar, sold eurusd....
  • #542,287
  • Aug 13, 2020 3:16am Aug 13, 2020 3:16am
the whales are swimming north for the winter early this year. (if the even do that?)
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  • #542,288
  • Aug 13, 2020 3:28am Aug 13, 2020 3:28am
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.
  • #542,289
  • Aug 13, 2020 3:44am Aug 13, 2020 3:44am
good place to sell @1.3090 stop 1.3110
  • #542,290
  • Aug 13, 2020 3:45am Aug 13, 2020 3:45am
Quoting ohakaba
Buyers attempting to buy dollar, sold eurusd....
Exited...with loss
  • #542,291
  • Aug 13, 2020 3:48am Aug 13, 2020 3:48am
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
BARAK
  • #542,292
  • Aug 13, 2020 3:53am Aug 13, 2020 3:53am
Quoting Wavegarrick
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.
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
  • #542,293
  • Aug 13, 2020 4:02am Aug 13, 2020 4:02am
Quoting Wavegarrick
{quote} Hi Guys, Important that GU breaks through my descending trend line. Have a great day. Cheers. {image}
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
  • #542,294
  • Aug 13, 2020 4:07am Aug 13, 2020 4:07am
if dx will support at this area , it will cause a 320 pips down move like it did that before
Attached Image(s) (click to enlarge)
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yes yes yes
  • #542,295
  • Aug 13, 2020 4:18am Aug 13, 2020 4:18am
see you guys in NY.

Made the day.

So NY will be bonus with small risk
Intraday only.
  • #542,296
  • Aug 13, 2020 4:31am Aug 13, 2020 4:31am
Quoting zaidan
good place to sell @1.3090 stop 1.3110
shall move the stop to 5 pips above entry 1.3095
  • #542,297
  • Aug 13, 2020 4:35am Aug 13, 2020 4:35am
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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  • #542,298
  • Aug 13, 2020 4:57am Aug 13, 2020 4:57am
Quoting trumps
{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.
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
  • #542,299
  • Aug 13, 2020 5:05am Aug 13, 2020 5:05am
Quoting Wavegarrick
{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...
Ahh right, sorry for that, different sections looked at
Compulsions can be hard to resist
  • #542,300
  • Aug 13, 2020 5:14am Aug 13, 2020 5:14am
GU 1.35 ish long term
of course not anytime over next few days....
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