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Cable Update (GBPUSD)

  • #546,301
  • Sep 4, 2020 3:50am Sep 4, 2020 3:50am
many stops possibly hit here
Emotional Control. Process, not outcome.
  • #546,302
  • Sep 4, 2020 3:56am Sep 4, 2020 3:56am
Quoting Almo2312
mixed bias on lower tfs 5/15 ichi is up 30 is neutral h1 is down typo NFP friday
now 1/5/15/30 ichi is up
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #546,303
  • Sep 4, 2020 3:56am Sep 4, 2020 3:56am
maybe it's going up now only to have room to be shot down by the NFP later

What do I know...
I have no clue where it's going
  • #546,304
  • Sep 4, 2020 3:57am Sep 4, 2020 3:57am
i knew that in some point the dx will decide to close this gap.
o0k , gapo is close , up up and away
Attached Image (click to enlarge)
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yes yes yes
  • #546,305
  • Sep 4, 2020 4:05am Sep 4, 2020 4:05am
I have a long entry since yesterday at 1.3260 after several unsuccessful long entries this week. My aim is to ride it up for at least 150 pips.

If it decides to move up, I'm in, if not, then tough...

The last top is over 200 pips away, which is nice...
I have no clue where it's going
  • #546,306
  • Sep 4, 2020 4:09am Sep 4, 2020 4:09am
Till nfp try to scalp maybe main trend for a few days down
Attached Image (click to enlarge)
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  • #546,307
  • Sep 4, 2020 4:10am Sep 4, 2020 4:10am
Quoting zizoo
{quote} NFP these days no longer pack the punch it used to. I know some traders who ONLY traded NFP news and were cashing out big time.
True, very true, but this is COVID 2020, so you never know

It takes a lot for me to IGNORE you, but you can try.
  • #546,308
  • Edited 4:25am Sep 4, 2020 4:11am | Edited 4:25am
Quoting seincard
Bought @1.3295 tp about ~ 1.3350-70 edit: SL maybe under 1.3270
out @ 1.3313 ( +18 pips)

sold @ 1.3313 (low risk position)

sl 1.3325~
  • #546,309
  • Edited 4:25am Sep 4, 2020 4:11am | Edited 4:25am
THE DROP is coming
Attached Image(s) (click to enlarge)
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yes yes yes
  • #546,310
  • Sep 4, 2020 4:24am Sep 4, 2020 4:24am
Quoting seincard
{quote} out @ 1.3313 sold @ 1.3313 (low risk position) sl 1.3325~
out @ +4 pips


wait for better time
  • #546,311
  • Sep 4, 2020 4:30am Sep 4, 2020 4:30am
Quoting Tekin
Till nfp try to scalp maybe main trend for a few days down {image}
Scalp out
  • #546,312
  • Sep 4, 2020 4:34am Sep 4, 2020 4:34am
Quoting Moty
THE DROP is coming {image} {image}
Yes it is
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 56 KB
  • #546,313
  • Sep 4, 2020 4:35am Sep 4, 2020 4:35am
Interesting bounce off of the 10 days median average price?!!?
Attached Image (click to enlarge)
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Maadik Hugiis. IQ 69.
  • #546,314
  • Sep 4, 2020 4:39am Sep 4, 2020 4:39am
Sold at 1.33085 with 5 pips stop.
Trend is down, and GBP was going up, seemingly not paying attention to dismal construction PMI figures. This tells me the move up was a fake, usual for Fridays. We can either fake more (I saw 100 pip fakes before US session on Fridays; thus tight SL), or go much lower.

Update: While I was typing, it went lower; moved SL to 2 pip gain.
  • #546,315
  • Sep 4, 2020 4:40am Sep 4, 2020 4:40am
Quoting Georginson
{quote} The projected 1.3250 this week now attained. Which makes the 232 pips range this week. Also 1.3280 has been broken convincingly which opens up a case for 1.3010 and 1.2870 in days ahead. Now expect some bounce from here to 1.33 area before resumption of fall later. Please no obligation to follow.
The anticipated bounce to 1.33 has now occured, now a consolidation around 1.3220 - 1.3280 to follow.

Trade with caution.
Data + Stat + Risk/Emotions Management
  • #546,316
  • Sep 4, 2020 4:41am Sep 4, 2020 4:41am
Bought again @ 1.3291

sl under 1.3260

  • #546,317
  • Sep 4, 2020 4:42am Sep 4, 2020 4:42am
HR1 as for now still bear ichi
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 49 KB


green pips all
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #546,318
  • Sep 4, 2020 4:42am Sep 4, 2020 4:42am
Quoting VM.
Sold at 1.33085 with 5 pips stop. Trend is down, and GBP was going up, seemingly not paying attention to dismal construction PMI figures. This tells me the move up was a fake, usual for Fridays. We can either fake more (I saw 100 pip fakes before US session on Fridays; thus tight SL), or go much lower. Update: While I was typing, it went lower; moved SL to 2 pip gain.
Took 14 pips.
  • #546,319
  • Sep 4, 2020 4:43am Sep 4, 2020 4:43am
Quoting Georginson
{quote} The anticipated bounce to 1.33 has now occured, now a consolidation around 1.3220 - 1.3280 to follow. Trade with caution.
same thoughts but lets see how bump will be NFP
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #546,320
  • Sep 4, 2020 4:53am Sep 4, 2020 4:53am
Quoting Almo2312
{quote} same thoughts but lets see how bump will be NFP
Yeap... It can go 1.3260 - 1.3280...
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