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Cable Update (GBPUSD)

  • #605,701
  • Jun 29, 2021 10:36am Jun 29, 2021 10:36am
Quoting Moty
{image}{image}{image}
what all the black lines?
  • #605,702
  • Jun 29, 2021 10:41am Jun 29, 2021 10:41am
Quoting mysterio
{quote} Sorry for maybe asking a dumb question but how do these two things follow from each other. IE the candle having no upper wick to 1.38 being a buy. Or are they two separate points?
I mean today's opening price is 1.3878 and price only went up by 3 pips to 1.3881 which means there is little or no buying above open price today unlike last 7 selling daily candles which had between 15 to 45 pips buying before selling.

Talking about a buy from 1.3800/1.3785 is simply due to the support we had last week at 1.3786 area which I expect to be respected for now (Monday to Wednesday) before another round of selling may start on Thursday/Friday this week to 1.3720 area.
Data + Stat + Risk/Emotions Management
  • #605,703
  • Jun 29, 2021 10:42am Jun 29, 2021 10:42am
Quoting gatenio
{quote} what all the black lines?
this is a kind of tma channel that is not heavily slowing the computer
Attached File(s)
File Type: ex4 TMA_Centered_H1_V2_VS.ex4   21 KB | 280 downloads
yes yes yes
  • #605,704
  • Jun 29, 2021 10:48am Jun 29, 2021 10:48am
Quoting Waveskierrob
{image}Bloody good read

There is a good chance for GBP to drop further, if two or three more goals.

You're not supporting your country ?

Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #605,705
  • Jun 29, 2021 10:57am Jun 29, 2021 10:57am
Quoting Pat Chiko
{quote} There is a good chance for GBP to drop further, if two or three more goals. You're not supporting your country ? {image}
Rugby man myself, as for supporting country don't really want to get into it but would prefer a one nation world with no boundaries
  • #605,706
  • Jun 29, 2021 10:57am Jun 29, 2021 10:57am
Attached Image (click to enlarge)
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yes yes yes
  • #605,707
  • Jun 29, 2021 11:01am Jun 29, 2021 11:01am
Quoting Pat Chiko
{quote} There is a good chance for GBP to drop further, if two or three more goals. You're not supporting your country ? {image}
If England win, can we see 1.4 tonight?
  • #605,708
  • Jun 29, 2021 11:17am Jun 29, 2021 11:17am
Quoting Georginson
{quote} I mean today's opening price is 1.3878 and price only went up by 3 pips to 1.3881 which means there is little or no buying above open price today unlike last 7 selling daily candles which had between 15 to 45 pips buying before selling. Talking about a buy from 1.3800/1.3785 is simply due to the support we had last week at 1.3786 area which I expect to be respected for now (Monday to Wednesday) before another round of selling may start on Thursday/Friday this week to 1.3720 area.

Yesterday GBP was sold from higher price. Yesterday's HH was not real value of GBP. And today's low is not real value of GBP. Tomorrow we will hit today's open price.
  • #605,709
  • Jun 29, 2021 11:17am Jun 29, 2021 11:17am
Could we see a bounce back down from the mid-round number 1.385000?? also the 50% fib retrace of today's move at 1.38470. We shall see.
Cheers.
Trade to trade another day
  • #605,710
  • Jun 29, 2021 11:21am Jun 29, 2021 11:21am
Quoting navk
{quote} HELLO Man.. How are you ?
fine mate and you ,i have been reading posts just in the background , not posting all the time was a great get away lol bar jersey last week
  • #605,711
  • Jun 29, 2021 11:22am Jun 29, 2021 11:22am
Sent a dm sir
Quoting Moty
{image}
  • #605,712
  • Jun 29, 2021 11:23am Jun 29, 2021 11:23am
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3850
  • #605,713
  • Jun 29, 2021 11:24am Jun 29, 2021 11:24am
Attached Image (click to enlarge)
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yes yes yes
  • #605,714
  • Jun 29, 2021 11:29am Jun 29, 2021 11:29am
Quoting Pat Chiko
{quote} JB, seriously that bad ? {image} Didn't expected that drastic low. It will melt any PC. Only scalp a bit, thought it will rebounce from TP area. (Today is my lazy day) {image}


Intraday Trading is an Art _ hoda
  • #605,715
  • Jun 29, 2021 11:30am Jun 29, 2021 11:30am
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just keep an eye on it here see if ?? Tl attracts it
  • #605,716
  • Jun 29, 2021 11:31am Jun 29, 2021 11:31am
GU , green pips to all
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  • #605,717
  • Jun 29, 2021 11:33am Jun 29, 2021 11:33am
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yes yes yes
  • #605,718
  • Jun 29, 2021 11:33am Jun 29, 2021 11:33am
Quoting Moty
{image}
Aren't You tired? For me its impossible to look at the chart whole day. Respect. I just take 10 pips then doing my stuff.
  • #605,719
  • Jun 29, 2021 11:56am Jun 29, 2021 11:56am
Quoting mikiki
{quote} Aren't You tired? For me its impossible to look at the chart whole day. Respect. I just take 10 pips then doing my stuff.
yes , i am tried , and that what Couse me to lose today , together with other things .
i was arrogant.
This is what usually happens to me when I earn nicely on a certain day, the day after I come smug and full of euphoria and especially greedy, to earn the same as the day before, do not account for anything, after all yesterday I earned $ 500 with almost 100 percent success in all trades I took, so let's take Long because I am saying that the market will retrace.
The market Laughed at me and answered, really ???????
I want to go down, and it also makes sense but you do not pay attention, even if the support was broken 1.38600 .
I could get out with a loss of 40-50 dollars, not so bad, but I'm stubborn, because I jus think i become the market maker here.
I stayed until the end and came out with a loss of $ 170.
I sat and licked the wounds and looked for a way to get back on the winning track,
I was looking for a proper entry point,
and saw that gold came to strong support.
so I took Long there, because there should be long,
because there are strong buyers, and not looking for rretrace With buyers who are already tired.
after all i came back to a total loss for all day of 50 $ , i hope that this is payment for a lesson that i learned
Attached Image (click to enlarge)
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yes yes yes
  • #605,720
  • Jun 29, 2021 12:05pm Jun 29, 2021 12:05pm
Quoting Moty
{quote} yes , i am tried , and that what Couse me to lose today , together with other things . i was arrogant. This is what usually happens to me when I earn nicely on a certain day, the day after I come smug and full of euphoria and especially greedy, to earn the same as the day before, do not account for anything, after all yesterday I earned $ 500 with almost 100 percent success in all trades I took, so let's take Long because I am saying that the market will retrace. The market Laughed at me and answered, really ??????? I want to go down, and...
Well. Need to create a trading journal in order to get more disciplined and organised with trading so in the future you won't repeat the same mistakes Glad you came out with less loss.
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