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Cable Update (GBPUSD)

  • #549,981
  • Sep 24, 2020 11:02pm Sep 24, 2020 11:02pm
first buy 2747.

will add more buys when it dips.

will take loss if it breaks 2700
Intraday only.
  • #549,982
  • Edited 11:25pm Sep 24, 2020 11:07pm | Edited 11:25pm
16 pips Asian session range
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close up
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yes yes yes
  • #549,983
  • Sep 24, 2020 11:26pm Sep 24, 2020 11:26pm
Quoting trumps
There is more to trading than trendline on their own. I see the big monthly sell spike from March A trendline respected on daily and weekly tf's And resistance just above. Just analysis,take it or leave it. Sometimes WE are right Sometimes WE are wrong.
to unpick that saying I'd have to say what was the first day you ever looked at a chart
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #549,984
  • Sep 24, 2020 11:39pm Sep 24, 2020 11:39pm
No have any idea yet for today, but if saw from BB price will go to Hard to trade until now
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  • #549,985
  • Sep 25, 2020 12:04am Sep 25, 2020 12:04am
Scalp.baby scalp
If you don't want to vive me 200 $ profit in 1 time, i will take it from you in 10 times ,
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yes yes yes
  • #549,986
  • Sep 25, 2020 12:16am Sep 25, 2020 12:16am
Quoting navk
first buy 2747. will add more buys when it dips. will take loss if it breaks 2700
What's your immediate target? R1?
  • #549,987
  • Sep 25, 2020 12:16am Sep 25, 2020 12:16am
the way I see the Thursday candle ,is it's limited
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #549,988
  • Sep 25, 2020 12:18am Sep 25, 2020 12:18am
Hello this is my idea
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  • #549,989
  • Sep 25, 2020 12:35am Sep 25, 2020 12:35am
Quoting Bones
the way I see the Thursday candle ,is it's limited {image}
Bones,, would you share your daily s1, s2 , s3 ..
Thanks in advance..
Trade with prediction = witch with her visions lol
  • #549,990
  • Edited 12:58am Sep 25, 2020 12:44am | Edited 12:58am
I bought new hourly high
Tp 1.28126
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first tp is for 20 pips
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yes yes yes
  • #549,991
  • Sep 25, 2020 12:52am Sep 25, 2020 12:52am
Quoting Bones
{quote} to unpick that saying I'd have to say what was the first day you ever looked at a chart
Sorry Bones, I don't understand what you are asking?
Can you be clearer about what you are trying to say?
Compulsions can be hard to resist
  • #549,992
  • Sep 25, 2020 12:53am Sep 25, 2020 12:53am
Quoting Bones
{quote} I don't think thats a realistic saying
Why not?
Do you think trading is about trendlines alone?
Compulsions can be hard to resist
  • #549,993
  • Sep 25, 2020 1:01am Sep 25, 2020 1:01am
Quoting Fredo219
{quote} Bought now, 1.29
Still running.
Time to sleep.
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Patience.....
  • #549,994
  • Sep 25, 2020 1:03am Sep 25, 2020 1:03am
GU looking for further retrace to around 1.2830, a base above will take it to 1.2880s and 1.2920s will hold the pair from advancing.
You see the big gap btw 1.2830 resistance and the others above..at such days market makers "might" play it dirty with big spike to hunt stop losses before week end and at near month end for better bulls position with bullish daily candle closing and less weak one on weekly.
Just be cautious to adjust quickly to possible breakouts to join or simply sell higher on long term for bears and use trailing stops for bulls.

While on downside, around 1.2720 seem to hold the pair in this period. But today close below 1.2750 is very bearish for next week further..

Overall big trend is bearish.

Let's see how the crazy market will move today.

Good luck
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #549,995
  • Sep 25, 2020 1:14am Sep 25, 2020 1:14am
Quoting larrychew
{quote} What's your immediate target? R1?
yes
Intraday only.
  • #549,996
  • Sep 25, 2020 1:29am Sep 25, 2020 1:29am
GU is a good pair for trading longer time frames also: it doesn't flip so often as others.

Here you see some popular pairs and the number of direction changes on both Hourly and Daily. GU is in low in the pack.
Note there is no meaningful difference in the Hourly (difference between most and least is 3%... but on the Daily it is 31%...

(direction change = new bar the other way; calculations from my own database: better data > better trading)
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  • #549,997
  • Sep 25, 2020 1:48am Sep 25, 2020 1:48am
this current monthly balance .
the profit is here

1342 $ WITHDRAW UNTIL NOW
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gj is about to fly
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yes yes yes
  • #549,998
  • Sep 25, 2020 1:57am Sep 25, 2020 1:57am
15 pips short got hit
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yes yes yes
  • #549,999
  • Sep 25, 2020 1:58am Sep 25, 2020 1:58am
now i see 1.2780 to 1.2820 is a possible short area to target new low

new low suggested 1.2350 to 1.2470
  • #550,000
  • Sep 25, 2020 2:05am Sep 25, 2020 2:05am
you can't fight faith .
the drop will come
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yes yes yes
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