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Cable Update (GBPUSD)

  • #548,441
  • Sep 16, 2020 6:00am Sep 16, 2020 6:00am
... 7th consecutive 30 min bullish close....4th on 1hr - move up from 2762 has seen no more than 4 consec on 1hr so far. 38.2% upside ext of y/day's fib range exceeded. 76% of 30 day adr. 76.4% 3034-2762 @ the current hi. That rising 1hr channel Shabab8b showed earlier is confluential on this current 1hr candle with the 30 day adr hi off current lo - which is @ 3002.
Trader with an Edge.
  • #548,442
  • Sep 16, 2020 6:01am Sep 16, 2020 6:01am
Quoting RCtrader
My target is 1.3035. GBPUSD September in the Spotlight

Looking more and more possible as the day goes on

if not today, that is a target to be reached
  • #548,443
  • Sep 16, 2020 6:01am Sep 16, 2020 6:01am
Quoting Almo2312
bought 1.2885 for 50
Closed nicely 80 pips.
Attached Image
this one is aggressive ,
Cheers.
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #548,444
  • Sep 16, 2020 6:03am Sep 16, 2020 6:03am
We have reached fat vol area 296x

Intraday big vol are parked 2900/292x. Below 2950 may be good to go
We have extrem vol up there, usually not good.

I'm short inside 296x, if spike i'll add more
COT: The precious data ignored
  • #548,445
  • Sep 16, 2020 6:04am Sep 16, 2020 6:04am
Quoting Almo2312
{quote} Closed nicely 80 pips. Cheers.
sahtein!
  • #548,446
  • Sep 16, 2020 6:04am Sep 16, 2020 6:04am
Quoting kuroro001
We have reached fat vol area 296x Intraday big vol are parked 2900/292x. Below 2950 may be good to go We have extrem vol up there, usually not good. I'm short inside 296x, if spike i'll add more
FOMC coming up!
  • #548,447
  • Sep 16, 2020 6:05am Sep 16, 2020 6:05am
Quoting kuroro001
We have reached fat vol area 296x Intraday big vol are parked 2900/292x. Below 2950 may be good to go We have extrem vol up there, usually not good. I'm short inside 296x, if spike i'll add more
imho 2960-3000 potential drop zone.. i dont bet on it.. this is what i see in too many patterns.
  • #548,448
  • Sep 16, 2020 6:06am Sep 16, 2020 6:06am
Quoting Draxander
{quote} FOMC coming up!
FOMC is 99% of the time boring
COT: The precious data ignored
  • #548,449
  • Sep 16, 2020 6:07am Sep 16, 2020 6:07am
Quoting gatenio
{quote} imho 2960-3000 potential drop zone.. i dont bet on it.. this is what i see in too many patterns.
Yes time will tell
And when i see daily rise with no vol...i can't buy for swing trades

Maybe it'll go higher, but it doesn't follow my plan so i let the bulls enjoy their ride
COT: The precious data ignored
  • #548,450
  • Sep 16, 2020 6:07am Sep 16, 2020 6:07am
Quoting gatenio
{quote} sahtein!
Thanks Achi
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #548,451
  • Sep 16, 2020 6:08am Sep 16, 2020 6:08am
come on whale, keep sweep the planktons
  • #548,452
  • Sep 16, 2020 6:08am Sep 16, 2020 6:08am
Quoting Almo2312
{quote} Closed nicely 80 pips. Cheers.

Perfect entry for today
90 minutes before your entry, I was thinking price must move down a bit, to create divergence on M% at bottom of market profile, to shoot price up accross MP range

But got sucked into deeper thinking

First idea best idea.....

Well done Almo

Me thinks your system setup must be very simple refined, mine is still a ton of indies overlapping for me to read my total pic
That gets me sometimes sucked into over analizing the small moves

Any case, well done to you
  • #548,453
  • Sep 16, 2020 6:11am Sep 16, 2020 6:11am
Quoting akim0895
{quote} nothing wrong there.. they call prediction.. what n where is your prediction? stop doing somethings that fooling yourself.. focus at your trading..
who made you the judge ?
  • #548,454
  • Sep 16, 2020 6:12am Sep 16, 2020 6:12am
Attached Image (click to enlarge)
Click to Enlarge Name: gu3.png Size: 31 KB
Attached Image (click to enlarge)
Click to Enlarge Name: eg.png Size: 33 KB
yes yes yes
  • #548,455
  • Sep 16, 2020 6:18am Sep 16, 2020 6:18am
Quoting BitcoinBoff
{quote} Perfect entry for today 90 minutes before your entry, I was thinking price must move down a bit, to create divergence on M% at bottom of market profile, to shoot price up accross MP range But got sucked into deeper thinking First idea best idea..... Well done Almo Me thinks your system setup must be very simple refined, mine is still a ton of indies overlapping for me to read my total pic That gets me sometimes sucked into over analizing the small moves Any case, well done to you
Thanks
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #548,456
  • Sep 16, 2020 6:19am Sep 16, 2020 6:19am
good profit on long closed

re entered at 1.29710 sl 1.29457 targeting 1.29865 then 1.30353
  • #548,457
  • Sep 16, 2020 6:21am Sep 16, 2020 6:21am
Quoting epzero
{quote} who made you the judge ?
who make you as a criticism others around?
better focus at own trading..
just for a cup of coffee...
  • #548,458
  • Sep 16, 2020 6:23am Sep 16, 2020 6:23am
Pending order: 1.2986

Take profit 1.2938

Stop 1.3009
Twitter: Rummer_grapes
  • #548,459
  • Sep 16, 2020 6:24am Sep 16, 2020 6:24am
Quoting greengp
good profit on long closed re entered at 1.29710 sl 1.29457 targeting 1.29865 then 1.30353
i want it too..

but i wont buy it while 15m look like that..
want it at least 30 pips below to consider it.

good luck
  • #548,460
  • Edited 6:47am Sep 16, 2020 6:24am | Edited 6:47am
Quoting Wavegarrick
{quote} Thanks Headland for that info. Shabab is an excellent trader and always good to be on his side. I hope it materializes. We take it a step at a time. Have a great day Cheers.
Thanks Leon, you are very kind. We have many great traders here, including yourself. It's good to trade on the same side as your system.

To be fair, I've had some losing trades on GU on its way down. But the key (as I explained in length before) is to keep your losses small and let the winners run. When I'm wrong I get out with 20-30 pips max. But when it's going my way, I'll try to squeeze as much as I can from that trade.
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