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Cable Update (GBPUSD)

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  • Post #606,781
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  • Jul 3, 2021 1:54am Jul 3, 2021 1:54am
  •  Georginson
  • Joined Aug 2018 | Status: Veteran | 2,718 Posts
Quoting gatenio
Disliked
so, i don't know what the close, FXCM for me is the most accurate. 1.38247 on FXCM, most of the brokers around 1.383 what showing engulf bullish day. for me daily still no buying, but SBR will hold? 4h showing bulls power that can lead the price at least to around 1.388-1.39 after hitting the median of the pitchfork (engulf and sort of HH) i dont know how the week is going to open, i hope bears will finish the mission soon. {image}
Ignored
This is the close price from cnbc and they are pretty reliable...
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Swing and Intraday
 
 
  • Post #606,782
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  • Jul 3, 2021 2:00am Jul 3, 2021 2:00am
  •  Georginson
  • Joined Aug 2018 | Status: Veteran | 2,718 Posts
Quoting Bones
Disliked
first id have to see it to believe it can go positive ,stay frosty , stay focused on what's on offer {image}
Ignored
Hello Bones, the bounce I was outlining two days ago did occur to 1.3820 area, this price can't keep a smooth pattern without some corrections...
Swing and Intraday
 
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  • Post #606,783
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  • Jul 3, 2021 2:24am Jul 3, 2021 2:24am
  •  Waveskierrob
  • Joined May 2020 | Status: Best trader ever to have lived 3.0 | 2,849 Posts
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Soon To Be Temporarily Suspended Again
 
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  • Post #606,784
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  • Jul 3, 2021 2:35am Jul 3, 2021 2:35am
  •  Waveskierrob
  • Joined May 2020 | Status: Best trader ever to have lived 3.0 | 2,849 Posts
Quoting Pat Chiko
Disliked
{quote} You failed miserably. Bring M back ! We wan 200% guarantee.
Ignored
Attached Image

Sorry everyone I failed you
Soon To Be Temporarily Suspended Again
 
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  • Post #606,785
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  • Jul 3, 2021 2:38am Jul 3, 2021 2:38am
  •  Whale
  • Joined Jun 2013 | Status: Eyes on the prize | 7,344 Posts | Invisible
Quoting Georginson
Disliked
{quote} This is the close price from cnbc and they are pretty reliable... {image}
Ignored
Thanks. So its even lower than fxcm.
so no engulfing daily.
 
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  • Post #606,786
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  • Jul 3, 2021 2:54am Jul 3, 2021 2:54am
  •  zoedian
  • | Joined Jul 2021 | Status: Junior Member | 1 Post
Not the best but i do think GU has uptrend potential coming week, my notes on it:

Notes on news
After NFP data published, USD fades on bull potential as expectations for fed to change rates are rejected due to unemployment data.
British covid on rising, BOE speech signaled that it does not directly attribute to decline in economy growth.

Technicals
-Matching data with past rebound has the potential to test 1.4000 mark in the next coming 2 weeks, above could lead to an overbought situation and can snap back
-1.38000 resistance breakout signifies the end of bear trend for GBP/USD
-Potential buy-in area at 1.381/80 as adjustments are expected on Monday before continuation of bull run
-watch close for the test of 1.3900 marks expected on Tuesday 13 july, it should touch there and whether it pass resistance is up to FOMC.

https://www.tradingview.com/chart/GB...week-5-9-july/
 
 
  • Post #606,787
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  • Jul 3, 2021 2:55am Jul 3, 2021 2:55am
  •  OnlineAddict
  • Joined May 2014 | Status: Veteran | 8,575 Posts
Quoting Georginson
Disliked
{quote} This is the close price from cnbc and they are pretty reliable... {image}
Ignored
GU always closes with a big spread, the median was around 3830.
Everyone can see the chart, but only a few can actually read it.
 
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  • Post #606,788
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  • Jul 3, 2021 3:08am Jul 3, 2021 3:08am
  •  Moty
  • Joined Dec 2017 | Status: Member | 19,406 Posts
200 sma band
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  • Post #606,789
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  • Jul 3, 2021 4:16am Jul 3, 2021 4:16am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Newbie | 8,827 Posts
Quoting Waveskierrob
Disliked
{quote} {image} Sorry everyone I failed you
Ignored

I find it brave and congrats you, who's willing to go from nothing to a lot...very much.
Any trader that doesn't allow for being "wrong" is a fool.

Many has come before you, until they finally don't predict and disappear with their tail between their legs finally proven wrong.
But I find it lame of (no need to names ) to boast about the performance in front of everybody, and just disappear when things go wrong.

Who cares? No one has been to show it yet in here, so why disappear if you blow your account.

It happens to everybody, just stay in here, say you blow it up, grow some balls and try again !

P/s how come you made money, but you signal sucks on Friday ? Did you trick us ?
Do not get emotional when you gain or lose.
 
8
  • Post #606,790
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  • Jul 3, 2021 4:21am Jul 3, 2021 4:21am
  •  helioss
  • Joined Oct 2020 | Status: Member | 1,526 Posts
4H short swing completed all TP.....now i'm waiting new LONG SWING
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  • Post #606,791
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  • Jul 3, 2021 4:45am Jul 3, 2021 4:45am
  •  Whale
  • Joined Jun 2013 | Status: Eyes on the prize | 7,344 Posts | Invisible
Quoting helioss
Disliked
4H short swing completed all TP.....now i'm waiting new LONG SWING {image}
Ignored
how do you calc target and probability ?
 
 
  • Post #606,792
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  • Jul 3, 2021 4:48am Jul 3, 2021 4:48am
  •  Cr4zy
  • | Joined Jan 2012 | Status: Fr0g | 145 Posts
My plan next week
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  • Post #606,793
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  • Jul 3, 2021 4:49am Jul 3, 2021 4:49am
  •  helioss
  • Joined Oct 2020 | Status: Member | 1,526 Posts
Quoting gatenio
Disliked
{quote} how do you calc target and probability ?
Ignored
Target based on ATR, % is not a probability but success rate on the past for each TP
 
2
  • Post #606,794
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  • Jul 3, 2021 5:10am Jul 3, 2021 5:10am
  •  Nd10
  • Joined Mar 2019 | Status: Member | 1,353 Posts
Quoting AnfieldLife
Disliked
Here is my analysis for next week here is my analysis for next week {image}
Ignored
I align with you wholeheartedly. We may see a triple top formation if 1.40 breaks. Uptrend is still in play till 1.366 area to completely revert to downtrend
 
1
  • Post #606,795
  • Quote
  • Edited at 6:08am Jul 3, 2021 5:12am | Edited at 6:08am
  •  Waveskierrob
  • Joined May 2020 | Status: Best trader ever to have lived 3.0 | 2,849 Posts
Quoting Pat Chiko
Disliked
{quote} I find it brave and congrats you, who's willing to go from nothing to a lot...very much. Any trader that doesn't allow for being "wrong" is a fool. Many has come before you, until they finally don't predict and disappear with their tail between their legs finally proven wrong. But I find it lame of (no need to names ) to boast about the performance in front of everybody, and just disappear when things go wrong. Who cares? No one has been to show it yet in here, so why disappear if you blow your account. It happens to everybody,...
Ignored
maybe I am tricking you all, maybe I was long as well, maybe my days profit results are fabricated, maybe they are true but I don't post a massive minus P/L, my point is don't take any post/chart as gospel do your own due diligence and never ever pay for anything ps I could show £80,000 loss in Jan/Feb 2021 but could have made that up as well
Soon To Be Temporarily Suspended Again
 
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  • Post #606,796
  • Quote
  • Jul 3, 2021 6:19am Jul 3, 2021 6:19am
  •  Waveskierrob
  • Joined May 2020 | Status: Best trader ever to have lived 3.0 | 2,849 Posts
Quoting Georginson
Disliked
Bought at 1.3764 target 1.3800, stop 1.3725. I expect NFP result to be bad for USD tomorrow... TOMORROW range should be between 1.3730 - 1.3800, so 1.3800 tomorrow is imminent no matter what the data says.
Ignored
Went to1.3844 what you playing at , only joking good call AGAIN
Soon To Be Temporarily Suspended Again
 
1
  • Post #606,797
  • Quote
  • Edited at 10:19am Jul 3, 2021 9:07am | Edited at 10:19am
  •  Bones
  • Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 22,318 Posts | Invisible
Quoting trumps
Disliked
{quote} Doesn't the body have to engulf the previous candle body?
Ignored
well you could call it dark cloud or on my close it is an engulf ,in this case we talk the same probability pretty much .

eu monthly is great example how ugly its been for someone reading high tf.
I always say look to the open because you can get a good reverse around the open ,
this candle broke straight away ,thats different ,thats the thing that made me think it would go bottom of range
but also cable really need to get out of the 5-6 month ugly box.

The top is three attempts ,this candle is tweezer ,knock me down with feather if it doesn't go lower in that location+ quite possibly look pretty later to downside.
My plan is take lower tf bear short , possibly we may see a funky weekly open and maybe that monthly open won't change much on other feeds
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#doyourownanalysisordietryin
 
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  • Post #606,798
  • Quote
  • Edited at 9:26am Jul 3, 2021 9:13am | Edited at 9:26am
  •  beonguyen89
  • | Joined Feb 2021 | Status: Member | 17 Posts
[quote = helioss; 13611125] {quote} Mục tiêu dựa trên ATR,% không phải là xác suất mà là tỷ lệ thành công trong quá khứ cho mỗi TP [/ quote]
Hi Helioss, what is your indicator?, where can i download it?
Thanks you.
 
 
  • Post #606,799
  • Quote
  • Jul 3, 2021 9:34am Jul 3, 2021 9:34am
  •  Bones
  • Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 22,318 Posts | Invisible
Quoting Georginson
Disliked
{quote} Hello Bones, the bounce I was outlining two days ago did occur to 1.3820 area, this price can't keep a smooth pattern without some corrections...
Ignored
Yes you were right George ,skimmed your stop by 6 pip first
yea as long as it stays ugly you can do this
#doyourownanalysisordietryin
 
1
  • Post #606,800
  • Quote
  • Jul 3, 2021 9:53am Jul 3, 2021 9:53am
  •  dempire1
  • Joined Jun 2021 | Status: Member | 223 Posts
Quoting Pat Chiko
Disliked
{quote} I find it brave and congrats you, who's willing to go from nothing to a lot...very much. Any trader that doesn't allow for being "wrong" is a fool. Many has come before you, until they finally don't predict and disappear with their tail between their legs finally proven wrong. But I find it lame of (no need to names ) to boast about the performance in front of everybody, and just disappear when things go wrong. Who cares? No one has been to show it yet in here, so why disappear if you blow your account. It happens to everybody,...
Ignored
You bring alot of fun and value into this group, thank you and keep it up!
Trade what you see not what you think.
 
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