Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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Post #549,981
Quote
Sep 25, 2020 12:01am Sep 25, 2020 12:01am

Bones
Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 22,532 Posts

Quoting trumps

Disliked

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.

Ignored

I don't think thats a realistic saying

#doyourownanalysisordietryin

Post #549,982
Quote
Sep 25, 2020 12:02am Sep 25, 2020 12:02am

navk
Joined Oct 2010 | Status: Trader | 15,494 Posts

first buy 2747.

will add more buys when it dips.

will take loss if it breaks 2700

Intraday only.

Post #549,983
Quote
Edited 12:25am Sep 25, 2020 12:07am | Edited 12:25am

Moty
Joined Dec 2017 | Status: Member | 21,639 Posts

16 pips Asian session range

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close up

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Post #549,984
Quote
Sep 25, 2020 12:26am Sep 25, 2020 12:26am

Bones
Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 22,532 Posts

Quoting trumps

Disliked

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.

Ignored

to unpick that saying I'd have to say what was the first day you ever looked at a chart

#doyourownanalysisordietryin

Post #549,985
Quote
Sep 25, 2020 12:39am Sep 25, 2020 12:39am

SCopier
Joined Sep 2012 | Status: Member | 907 Posts

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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Post #549,986
Quote
Sep 25, 2020 1:04am Sep 25, 2020 1:04am

Moty
Joined Dec 2017 | Status: Member | 21,639 Posts

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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Post #549,987
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Sep 25, 2020 1:16am Sep 25, 2020 1:16am

larrychew
| Joined Oct 2016 | Status: Member | 37 Posts

Quoting navk

Disliked

first buy 2747. will add more buys when it dips. will take loss if it breaks 2700

Ignored

What's your immediate target? R1?

Post #549,988
Quote
Sep 25, 2020 1:16am Sep 25, 2020 1:16am

Bones
Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 22,532 Posts

the way I see the Thursday candle ,is it's limited

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#doyourownanalysisordietryin

Post #549,989
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Sep 25, 2020 1:18am Sep 25, 2020 1:18am

alireza.pars
| Joined Jun 2008 | Status: Member | 8 Posts

Hello this is my idea

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Post #549,990
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Sep 25, 2020 1:35am Sep 25, 2020 1:35am

dimitricss
Joined Mar 2017 | Status: american cichlid lover | 1,302 Posts

Quoting Bones

Disliked

the way I see the Thursday candle ,is it's limited {image}

Ignored

Bones,, would you share your daily s1, s2 , s3 ..
Thanks in advance..

Trade with prediction = witch with her visions lol

Post #549,991
Quote
Edited 1:58am Sep 25, 2020 1:44am | Edited 1:58am

Moty
Joined Dec 2017 | Status: Member | 21,639 Posts

I bought new hourly high
Tp 1.28126

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first tp is for 20 pips

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Post #549,992
Quote
Sep 25, 2020 1:52am Sep 25, 2020 1:52am

trumps
Joined Mar 2020 | Status: Member | 2,439 Posts

Quoting Bones

Disliked

{quote} to unpick that saying I'd have to say what was the first day you ever looked at a chart

Ignored

Sorry Bones, I don't understand what you are asking?
Can you be clearer about what you are trying to say?

Good Vibes - In charts we trust

Pulchra All Time Return: -88.4%

Post #549,993
Quote
Sep 25, 2020 1:53am Sep 25, 2020 1:53am

trumps
Joined Mar 2020 | Status: Member | 2,439 Posts

Quoting Bones

Disliked

{quote} I don't think thats a realistic saying

Ignored

Why not?
Do you think trading is about trendlines alone?

Good Vibes - In charts we trust

Pulchra All Time Return: -88.4%

Post #549,994
Quote
Sep 25, 2020 2:01am Sep 25, 2020 2:01am

Fredo219
| Joined Aug 2019 | Status: Member | 384 Posts | Online Now

Quoting Fredo219

Disliked

{quote} Bought now, 1.29

Ignored

Still running.
Time to sleep.

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Patience.....

Post #549,995
Quote
Sep 25, 2020 2:03am Sep 25, 2020 2:03am

ChiForex
Joined Jan 2019 | Status: Member | 1,039 Posts

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

Post #549,996
Quote
Sep 25, 2020 2:14am Sep 25, 2020 2:14am

navk
Joined Oct 2010 | Status: Trader | 15,494 Posts

Quoting larrychew

Disliked

{quote} What's your immediate target? R1?

Ignored

yes

Intraday only.

Post #549,997
Quote
Sep 25, 2020 2:29am Sep 25, 2020 2:29am

fxke62
| Joined Jul 2019 | Status: Member | 53 Posts

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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