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Cable Update (GBPUSD)

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  • Post #547,261
  • Quote
  • Sep 10, 2020 5:08am Sep 10, 2020 5:08am
  •  seincard
  • | Joined Aug 2006 | Status: Member | 397 Posts
Quoting Moty
Disliked
the bulls run is here i will tp half at daily r1 and half at daily r2 {image}
Ignored
let's go !

 
 
  • Post #547,262
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  • Sep 10, 2020 5:16am Sep 10, 2020 5:16am
  •  Headland
  • Joined Apr 2020 | Status: on hols from 4th may for 3 weeks. | 3,489 Posts
https://www.forexfactory.com/news/10...rong-euro-with

If true will it drag £ down intraday ?
-----------------------------------------

Above current dly hi that prev 4hr/dly sw lo = prev supp= pot sbr starting at 3053. 1hr below
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Intraday (mainly) swing scalper via Supp/Res & Pa etc.
 
 
  • Post #547,263
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  • Sep 10, 2020 5:20am Sep 10, 2020 5:20am
  •  navk
  • Joined Oct 2010 | Status: Trader | 13,275 Posts | Invisible
above 2990, buy only today and some more days.

Limited risk guys.
Intra day only.
 
3
  • Post #547,264
  • Quote
  • Sep 10, 2020 5:22am Sep 10, 2020 5:22am
  •  kuroro001
  • Joined Jul 2007 | Status: Member | 17,468 Posts
Quoting Roszey
Disliked
{quote} How reliable are tick volumes? Since it is regenerated via the trading platform
Ignored
Very reliable, applied withe price
COT: The precious data ignored
 
1
  • Post #547,265
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  • Sep 10, 2020 5:23am Sep 10, 2020 5:23am
  •  kuroro001
  • Joined Jul 2007 | Status: Member | 17,468 Posts
Quoting Moty
Disliked
{quote} Forget the volume. The price spiked up 150 pips in a short period of time with no news in the background. This is clearly a big money move that want to surprise the retail traders and take all stops Everybody was accepted to see a down move until the rising trendline {image}
Ignored
lol, i won't forget nothing

volume was unusual at the bottom, big rise in volume in m15/m30. It was a good buy regardless of any support, trendlines, or indicators

Maybe we'll have a retest of the highs i don't know
but you can be sure it is NOT the bottom yesterday, it will be retested (maybe within 10 pips or so) or broken
COT: The precious data ignored
 
 
  • Post #547,266
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  • Sep 10, 2020 5:27am Sep 10, 2020 5:27am
  •  msniper
  • Joined Oct 2007 | Status: Saudi Arabia/Dubai | 3,582 Posts
we have a bullish pattern we should see 1.31 then maybe sell resume
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  • Post #547,267
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  • Sep 10, 2020 5:37am Sep 10, 2020 5:37am
  •  VM.
  • | Joined Feb 2020 | Status: Member | 557 Posts
Quoting navk
Disliked
above 2990, buy only today and some more days. Limited risk guys.
Ignored
You are a better trader than I am of course. But limited risk? Huge political risks for UK (confirmed no deal will send pound hundreds of pips down) + ECB decision / conference today.
 
 
  • Post #547,268
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  • Sep 10, 2020 5:39am Sep 10, 2020 5:39am
  •  kuroro001
  • Joined Jul 2007 | Status: Member | 17,468 Posts
Quoting VM.
Disliked
{quote} You are a better trader than I am of course. But limited risk? Huge political risks for UK (confirmed no deal will send pound hundreds of pips down) + ECB decision / conference today.
Ignored
you can't tell, be more confident dude
People are not saying the truth here, you can't tell if anyone is good or bad. Its smoke here, come here for the fun

And yes, risk is on the downside for sure
COT: The precious data ignored
 
1
  • Post #547,269
  • Quote
  • Sep 10, 2020 5:39am Sep 10, 2020 5:39am
  •  vowan4ik
  • Joined Jun 2019 | Status: Member | 1,204 Posts
Good day all) just woke up
Like your wife says, hold the fucking position until I tell you I'm done.
 
 
  • Post #547,270
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  • Sep 10, 2020 5:40am Sep 10, 2020 5:40am
  •  navk
  • Joined Oct 2010 | Status: Trader | 13,275 Posts | Invisible
Quoting VM.
Disliked
{quote} You are a better trader than I am of course. But limited risk? Huge political risks for UK (confirmed no deal will send pound hundreds of pips down) + ECB decision / conference today.
Ignored
my risk is 2990.

so limited risk, 30 pips
Intra day only.
 
2
  • Post #547,271
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  • Sep 10, 2020 5:41am Sep 10, 2020 5:41am
  •  navk
  • Joined Oct 2010 | Status: Trader | 13,275 Posts | Invisible
Quoting kuroro001
Disliked
{quote} you can't tell, be more confident dude People are not saying the truth here, you can't tell if anyone is good or bad. Its smoke here, come here for the fun And yes, risk is on the downside for sure
Ignored
yeah, true.

No one can be told better traders.

Trading account history will reveal all.
Intra day only.
 
1
  • Post #547,272
  • Quote
  • Sep 10, 2020 5:42am Sep 10, 2020 5:42am
  •  VM.
  • | Joined Feb 2020 | Status: Member | 557 Posts
Quoting navk
Disliked
{quote} my risk is 2990. so limited risk, 30 pips
Ignored
Ah, ok.
 
 
  • Post #547,273
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  • Sep 10, 2020 5:43am Sep 10, 2020 5:43am
  •  vowan4ik
  • Joined Jun 2019 | Status: Member | 1,204 Posts
good gu bulls) i wait Ny now and after maybe will add
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Like your wife says, hold the fucking position until I tell you I'm done.
 
2
  • Post #547,274
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  • Sep 10, 2020 5:48am Sep 10, 2020 5:48am
  •  goldencalf
  • Joined Apr 2019 | Status: Member | 297 Posts
doesnt look bulish for me
 
1
  • Post #547,275
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  • Sep 10, 2020 5:51am Sep 10, 2020 5:51am
  •  VM.
  • | Joined Feb 2020 | Status: Member | 557 Posts
Quoting kuroro001
Disliked
{quote} you can't tell, be more confident dude People are not saying the truth here, you can't tell if anyone is good or bad. Its smoke here, come here for the fun And yes, risk is on the downside for sure
Ignored
Navk actually used to post his trades on daily basis. And I have to say he is predicting movements wrong quite often, but very rarely loses money. Which I think is a sign of an excellent trader. I am not in the same league (hopefully yet), and see no shame in admitting it.
 
 
  • Post #547,276
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  • Sep 10, 2020 5:51am Sep 10, 2020 5:51am
  •  shahab8b
  • Joined Jul 2009 | Status: The Alchemist | 8,917 Posts
Quoting goldencalf
Disliked
doesnt look bulish for me
Ignored
what time frame are you looking at?
 
 
  • Post #547,277
  • Quote
  • Sep 10, 2020 5:53am Sep 10, 2020 5:53am
  •  KeenPips
  • Joined Dec 2015 | Status: Member | 7,051 Posts
Good point mate. Really, how bullish is bullish? The 1.30900 is the operating horizontal resistance as price action is making a retracement. Only scalpers can feel excited about the current mode.

Trade safe.

KP

Quoting goldencalf
Disliked
doesnt look bulish for me
Ignored
Do your homework, follow the footprints of smart money
 
 
  • Post #547,278
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  • Sep 10, 2020 5:53am Sep 10, 2020 5:53am
  •  Whale
  • Joined Jun 2013 | Status: Eyes on the prize | 6,432 Posts | Invisible
Quoting Roszey
Disliked
{quote} well, if that happens I will switch to buy mode.. flow with the wave.
Ignored
true..
i was flow with the wave up last week.. they took me 300 pips till i surrendered LOL
You can only lean on those things which provide resistance
 
2
  • Post #547,279
  • Quote
  • Sep 10, 2020 6:02am Sep 10, 2020 6:02am
  •  navk
  • Joined Oct 2010 | Status: Trader | 13,275 Posts | Invisible
Quoting VM.
Disliked
{quote} Navk actually used to post his trades on daily basis. And I have to say he is predicting movements wrong quite often, but very rarely loses money. Which I think is a sign of an excellent trader. I am not in the same league (hopefully yet), and see no shame in admitting it.
Ignored
I am wrong in my trades quite often.

Nothing wrong in admitting.

Anyways, I am now in different mode ...category alltogether.

Do not bother much about losses, but trying to control losses.
Intra day only.
 
3
  • Post #547,280
  • Quote
  • Sep 10, 2020 6:02am Sep 10, 2020 6:02am
  •  Headland
  • Joined Apr 2020 | Status: on hols from 4th may for 3 weeks. | 3,489 Posts
... 1hr bullish close follow thru on the prev 1hr bullish engulf x 2 ....
Intraday (mainly) swing scalper via Supp/Res & Pa etc.
 
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