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Cable Update (GBPUSD)

  • #547,261
  • Sep 10, 2020 4:20am Sep 10, 2020 4:20am
above 2990, buy only today and some more days.

Limited risk guys.
Intraday only.
  • #547,262
  • Sep 10, 2020 4:22am Sep 10, 2020 4:22am
Quoting Roszey
{quote} How reliable are tick volumes? Since it is regenerated via the trading platform
Very reliable, applied withe price
COT: The precious data ignored
  • #547,263
  • Sep 10, 2020 4:23am Sep 10, 2020 4:23am
Quoting Moty
{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}
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
  • #547,264
  • Sep 10, 2020 4:27am Sep 10, 2020 4:27am
we have a bullish pattern we should see 1.31 then maybe sell resume
Attached Images
  • #547,265
  • Sep 10, 2020 4:37am Sep 10, 2020 4:37am
Quoting navk
above 2990, buy only today and some more days. Limited risk guys.
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.
  • #547,266
  • Sep 10, 2020 4:39am Sep 10, 2020 4:39am
Quoting VM.
{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.
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
  • #547,267
  • Sep 10, 2020 4:39am Sep 10, 2020 4:39am
Good day all) just woke up
Like your wife says, hold the fucking position until I tell you I'm done.
  • #547,268
  • Sep 10, 2020 4:40am Sep 10, 2020 4:40am
Quoting VM.
{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.
my risk is 2990.

so limited risk, 30 pips
Intraday only.
  • #547,269
  • Sep 10, 2020 4:41am Sep 10, 2020 4:41am
Quoting kuroro001
{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
yeah, true.

No one can be told better traders.

Trading account history will reveal all.
Intraday only.
  • #547,270
  • Sep 10, 2020 4:42am Sep 10, 2020 4:42am
Quoting navk
{quote} my risk is 2990. so limited risk, 30 pips
Ah, ok.
  • #547,271
  • Sep 10, 2020 4:43am Sep 10, 2020 4:43am
good gu bulls) i wait Ny now and after maybe will add
Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 147 KB
Like your wife says, hold the fucking position until I tell you I'm done.
  • #547,272
  • Sep 10, 2020 4:48am Sep 10, 2020 4:48am
doesnt look bulish for me
  • #547,273
  • Sep 10, 2020 4:51am Sep 10, 2020 4:51am
Quoting kuroro001
{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
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.
  • #547,274
  • Sep 10, 2020 4:51am Sep 10, 2020 4:51am
Quoting goldencalf
doesnt look bulish for me
what time frame are you looking at?
  • #547,275
  • Sep 10, 2020 4:53am Sep 10, 2020 4:53am
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
doesnt look bulish for me
Do your homework, follow the footprints of smart money
  • #547,276
  • Sep 10, 2020 4:53am Sep 10, 2020 4:53am
Quoting Roszey
{quote} well, if that happens I will switch to buy mode.. flow with the wave.
true..
i was flow with the wave up last week.. they took me 300 pips till i surrendered LOL
  • #547,277
  • Sep 10, 2020 5:02am Sep 10, 2020 5:02am
Quoting VM.
{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.
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.
Intraday only.
  • #547,278
  • Sep 10, 2020 5:02am Sep 10, 2020 5:02am
... 1hr bullish close follow thru on the prev 1hr bullish engulf x 2 ....
Trader with an Edge.
  • #547,279
  • Sep 10, 2020 5:08am Sep 10, 2020 5:08am
look at 2889..to be precise.

That line is the risk between bulls and bears today.

To me bulls above that line. to 3100 R2, today
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 34 KB
Intraday only.
  • #547,280
  • Sep 10, 2020 5:13am Sep 10, 2020 5:13am
Quoting shahab8b
{quote} what time frame are you looking at?
im trying to scalp for 10-20pips, so 15min chart, 4h chart, but woke up late today, need 1-2 hours to watch market to take decisions, and i missed some early in the morning
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