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Cable Update (GBPUSD)

  • #548,621
  • Sep 16, 2020 2:08pm Sep 16, 2020 2:08pm
Quoting Georginson
{quote} To be honest I'm almost quitting this thread but there are couple of traders here that make me still believe there is a future.

Well traders dont really need the extra pressure especially from what is your own thought and opinion. You need to starve distractions
Keep the Lights on then you can catch the rise from the dark.
  • #548,622
  • Sep 16, 2020 2:11pm Sep 16, 2020 2:11pm
Quoting Wavegarrick
{quote} Georginson, to be honest Buddy. Stick with what you believe in. You will find common grounds. It takes guts for you, myself and others to post here, we only do it out of confidence and experience. Some may not like it, but most will agree that you are caring and giving back to the community. If you are wrong, it is cool. We all know that trading can never be a win-win situation all the time. You have your followers and they have followed you for the same reason, your ability and trading prowess. There will be a time when you get it right...
Attached Image
Data + Stat + Risk/Emotions Management
  • #548,623
  • Sep 16, 2020 2:11pm Sep 16, 2020 2:11pm
Quoting ricmaj
{quote} Well traders dont really need the extra pressure especially from what is your own thought and opinion. You need to starve distractions
Well said. Thanks
Data + Stat + Risk/Emotions Management
  • #548,624
  • Sep 16, 2020 2:13pm Sep 16, 2020 2:13pm
Quoting BitcoinBoff
{quote} I have followed a guy, he just did TLBs on M1, made very good bank off it, as in your example here. Unfortunately I do not have that skill. Me thinks thats the ultimate skill but you still need a ton of knowledge on the back of it " Neither you or me have three days so I can explain to you whats happening in my mind RIGHT NOW , to enter this trade" - some good experienced trader
BitcoinBoff, I use TLB only as my trigger and timing of the entry, also because there are no excuses not to take the trade if TL brakes...Like with anything we do in our lives, knowledge, and experience giving us the confidence to trust our judgment.
Always trade your own plan...I don't provide trading signals.
  • #548,625
  • Sep 16, 2020 2:14pm Sep 16, 2020 2:14pm
Quoting Wavegarrick
{quote} Georginson, to be honest Buddy. Stick with what you believe in. You will find common grounds. It takes guts for you, myself and others to post here, we only do it out of confidence and experience. Some may not like it, but most will agree that you are caring and giving back to the community. If you are wrong, it is cool. We all know that trading can never be a win-win situation all the time. You have your followers and they have followed you for the same reason, your ability and trading prowess. There will be a time when you get it right...
You're a good man Leon
  • #548,626
  • Sep 16, 2020 2:27pm Sep 16, 2020 2:27pm
Quoting Stev1929
{quote} You're a good man Leon
yes he is a good man full of wise words
Le$$ I$ More
  • #548,627
  • Sep 16, 2020 2:38pm Sep 16, 2020 2:38pm
Quoting shahab8b
{quote} yea, but be caerful with that box, they might start selling it somewhere in the box below 1.3035 {image}
GU, short trade. based on the analysis posted
https://www.forexfactory.com/thread/...4#post13168114


It is still in that rising channel and short term is bullish above 1.2875.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30 916 202012.png Size: 43 KB
  • #548,628
  • Sep 16, 2020 2:57pm Sep 16, 2020 2:57pm
Quoting kuroro001
DXY has retraced twice its low volume area. Retraced twice with high vol for bulls so far EDIT : and its bouncing off monthly pivot 3 times already (for the pivot traders)
Quoting kuroro001
usdjpy vol is very elevated at the current bottom buyers are lurking here
Quoting kuroro001
Highest volume of the week is so far on this current top Rise on low volume, then hammering the top with high vol? ok bulls
Signs were here for a bottoming dollar and topping pound

Lets see if it holds the rest of the week now....day is over
COT: The precious data ignored
  • #548,629
  • Sep 16, 2020 3:09pm Sep 16, 2020 3:09pm
Quoting ricmaj
{quote} Whats up with post fomc, down side continuation ?
yes it sold, i was busy trading
  • #548,630
  • Sep 16, 2020 3:25pm Sep 16, 2020 3:25pm
As long as the market closes above 1.2956 today, its likely the up trend continues tomorrow. Also if it does go up, definitely expect the shorters to push the price down.
  • #548,631
  • Sep 16, 2020 5:14pm Sep 16, 2020 5:14pm
Presently. On GU. Every single tf, from m1 to d1, is buy tuned...
Maadik Hugiis. IQ 69.
  • #548,632
  • Sep 16, 2020 5:41pm Sep 16, 2020 5:41pm
Quoting Georginson
{quote} To be honest I'm almost quitting this thread but there are couple of traders here that make me still believe there is a future.
try to find pattern in bigger timeframes and trade the complete month in that direction then you already do less wrong trades and when you are right you earn somethink.

i see for example GBPUSD can go up even till 1.37 this month so i wil not make any sell trade thats all.
  • #548,633
  • Sep 16, 2020 7:04pm Sep 16, 2020 7:04pm
1.30 key resistance area on daily and weekly
Compulsions can be hard to resist
  • #548,634
  • Sep 16, 2020 7:50pm Sep 16, 2020 7:50pm
Quoting OnlineAddict
{quote} I am seing the opposite...1930, so 100 pips up...but might be wrong. Waiting for a short between 1950-2000.
i slept and did not trade FOMC, but my chart was saying, price will go down.

Current EU price 1.1767
Intraday only.
  • #548,635
  • Sep 16, 2020 8:13pm Sep 16, 2020 8:13pm
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 33 KB
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 33 KB
yes yes yes
  • #548,636
  • Sep 16, 2020 8:39pm Sep 16, 2020 8:39pm
Quoting Moty
{image}{image}
cable has more room to the downside
  • #548,637
  • Sep 16, 2020 8:48pm Sep 16, 2020 8:48pm
@epzero your totally correct about that... I see this thing falling hard tomorrow morning
  • #548,638
  • Sep 16, 2020 8:51pm Sep 16, 2020 8:51pm
Dollar seems like it wants to go to last wednesdays high before coming down, maybe even last weeks high
  • #548,639
  • Sep 16, 2020 8:59pm Sep 16, 2020 8:59pm
that was a nice and easy sell, 30pips is good enough for the start of the day, now i can sleep.
  • #548,640
  • Sep 16, 2020 9:01pm Sep 16, 2020 9:01pm
Quoting PipMaster79
@epzero your totally correct about that... I see this thing falling hard tomorrow morning
Once price break 4hrs ema 21 then it's over for the bulls
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