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Cable Update (GBPUSD)

  • #543,681
  • Aug 20, 2020 9:01am Aug 20, 2020 9:01am
kiss of death from below the daily and weekly open
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yes yes yes
  • #543,682
  • Edited 9:41am Aug 20, 2020 9:07am | Edited 9:41am
Quoting vowan4ik
{quote} sl at BE {image}
good bulls)) +30 pips for 3 candles 15 minutes
moved sl + 4 pips
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Like your wife says, hold the fucking position until I tell you I'm done.
  • #543,683
  • Aug 20, 2020 9:08am Aug 20, 2020 9:08am
Quoting HBN08
usdix D-top 1H gbp candle rejcting zone Im long for some pips
Closed +20 pips
Long is still very possible in my view but...
  • #543,684
  • Aug 20, 2020 9:09am Aug 20, 2020 9:09am
Quoting OxyGen_FX
GU did what looks like a typical "rejection" after making new high and breaking long term trendline. (see yellow arrow, Daily chart) {image} I will not go long, as I find it hard to go against this "rejection". I will not go short, as the main trend is up. (technically the "rejection"is not a false break until price dips a further 200-300 pips....) Which means I will stay out of this for a while. Maybe will go short (and aim 1.30) if GU rallies a bit and got rejected again by trendline at about 1.3160. But still gotta see the structure of the price...
I just came back from a dinner date. Hard to monitor price.
Saw that the price indeed back up and rejected down at around 1.3160.
As this price-action was a bit too near NY session opening, hence did not dare enter.
Looks like I was lucky to stay out, as price now is starting to rally back up.
  • #543,685
  • Aug 20, 2020 9:11am Aug 20, 2020 9:11am
Quoting vowan4ik
{quote} good bulls)) +30 pips for 15 minutes moved sl + 4 pips {image}
Keep stacking V.. may the bull hand be with you
  • #543,686
  • Aug 20, 2020 9:11am Aug 20, 2020 9:11am
Today full of trap


if gu going up it’s possible very fast and very hard ...
  • #543,687
  • Aug 20, 2020 9:12am Aug 20, 2020 9:12am
Quoting vowan4ik
{quote} good bulls)) +30 pips for 15 minutes moved sl + 4 pips {image}
i fixed part of my buy trade profit
+38 pips good)
aln left one to run
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Like your wife says, hold the fucking position until I tell you I'm done.
  • #543,688
  • Aug 20, 2020 9:14am Aug 20, 2020 9:14am
Quoting seincard
Today full of trap
We just need a beat, offset and takeoff then we have a hit theme song for today’s market
  • #543,689
  • Aug 20, 2020 9:14am Aug 20, 2020 9:14am
Quoting JayBag
{quote} Keep stacking V.. may the bull hand be with you
not today) today maybe range's day
really i don't know
i just trade)
Like your wife says, hold the fucking position until I tell you I'm done.
  • #543,690
  • Aug 20, 2020 9:16am Aug 20, 2020 9:16am
I should left my trade run a little more ..insted of 20 i would get 30 at least
  • #543,691
  • Aug 20, 2020 9:16am Aug 20, 2020 9:16am
Quoting JayBag
{quote} We just need a beat, offset and takeoff then we have a hit theme song for today’s market
Beat it from Michael Jackson?
  • #543,692
  • Aug 20, 2020 9:19am Aug 20, 2020 9:19am
Quoting vowan4ik
{quote} not today) today maybe range's day really i don't know i just trade)
Ah, you will be amazed V.. It’s Thursday
  • #543,693
  • Aug 20, 2020 9:20am Aug 20, 2020 9:20am
Quoting HBN08
{quote} Beat it from Michael Jackson?
.. Yeahp that one.. Classic
  • #543,694
  • Aug 20, 2020 9:26am Aug 20, 2020 9:26am
Quoting HBN08
I should left my trade run a little more ..insted of 20 i would get 30 at least
Then console yourself by remembering those trades where the price suddenly rush back and you end up closing at BE, or close with losses.....
  • #543,695
  • Aug 20, 2020 9:33am Aug 20, 2020 9:33am
The price action of the fall, (see pink box in the 1hr chart), looks more and more like a "correction " to the main bull trend.....
If the mkt is serious about reversal, then NY session should have made it fall even more. Lets see what happens by the end of NY session.
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  • #543,696
  • Aug 20, 2020 9:34am Aug 20, 2020 9:34am
Quoting OxyGen_FX
{quote} Then console yourself by remembering those trades where the price suddenly rush back and you end up closing at BE, or close with losses.....
Nope actually made 20 pips profit and opened in Eur/usd as price didnt went up as fast as gbp
Just that could cathed me pips here..i do need learn to be more patience
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  • #543,697
  • Aug 20, 2020 9:35am Aug 20, 2020 9:35am
Quoting Moty
{quote} daily and weekly candle are bearish waiting for the monthly to come back to be bearish too {image}
I think your hit USDX
  • #543,698
  • Aug 20, 2020 9:37am Aug 20, 2020 9:37am
Quoting vowan4ik
{quote} second attempt moving SL at BE in added trade i hope now this trade will keep and don't hit my BE wish me luck) {image}
Quoting vowan4ik
need to wait opening NY maybe i will sell after opening need to watch how price react on 1.315
Quoting vowan4ik
{quote} second attempt is fail)) hit my sl at BE and my buy from 1.31 hit my sl at be +10 pips {quote} now i on bear side, sl at BE. maybe tomorrow i will buy {image}
Quoting vowan4ik
{quote} closed my sell + 51 pips for 1 hour {image}
Quoting vowan4ik
{quote} test long with sl 20 pips {image}
Quoting vowan4ik
{quote} i fixed part of my buy trade profit +38 pips good) aln left one to run {image}
for now moment gu brought me +99 pips
and left one trade, to run for fun
good job gu) i'm done
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Like your wife says, hold the fucking position until I tell you I'm done.
  • #543,699
  • Aug 20, 2020 9:38am Aug 20, 2020 9:38am
ugly pa.
bulls fighting back .
it was supposed to be a break down
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yes yes yes
  • #543,700
  • Aug 20, 2020 9:39am Aug 20, 2020 9:39am
Quoting HBN08
{quote} Nope actually made 20 pips profit and opened in Eur/usd as price didnt went up as fast as gbp Just that could cathed me pips here..i do need learn to be more patience {image}
Ah..., understood. I also like to spread out risk with a basket of pairs instead of just one.
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