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Cable Update (GBPUSD)

  • #606,941
  • Jul 5, 2021 4:41am Jul 5, 2021 4:41am
Targeting 13820 that will be my daily income done
Insane in the Brain..
  • #606,942
  • Jul 5, 2021 4:43am Jul 5, 2021 4:43am
Quoting Georginson
July 1.3940 ^ 1.3500...
Gutsy call, lets see how it pans out
  • #606,943
  • Jul 5, 2021 4:45am Jul 5, 2021 4:45am
Quoting kris89
done , out from long position @1.38600 , enter short @1.38600 scalping hard to downtown
these my additional position for long hold short . C point done . now can its continue 1 2 3 4 5 to downtown below last Friday night
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #606,944
  • Jul 5, 2021 4:46am Jul 5, 2021 4:46am
Quoting Pat Chiko
{quote} GU Scalping resistant at H4 closing candle. 1:2 R:R. {image}

Gu Not looking very good.

In negative position.

Careful for today NY is closed.

Just quick scalp if any opportunity arise


Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #606,945
  • Jul 5, 2021 4:47am Jul 5, 2021 4:47am
Quoting Georginson
July 1.3940 ^ 1.3500... For me, start loading new shorts from 1.3860, 1.3900 and 1.3940 if it gets there... Medium term target is 1.3500 once 1.3720 is broken.
These Week 1.38600 ^ 1.35700
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #606,946
  • Jul 5, 2021 4:48am Jul 5, 2021 4:48am
Quoting Pat Chiko
{quote} Gu Not looking very good. In negative position. Careful for today NY is closed. Just quick scalp if any opportunity arise {image}
a drop below 13840 should open trapdoor towards 138-13820
Insane in the Brain..
  • #606,947
  • Jul 5, 2021 4:49am Jul 5, 2021 4:49am
Gold is almost tapping top of last 12 days daily range, 1795ish worth an eyeball looking for cheap short entry:-)
If you are new to Forex? Say Goodbye to your account!!
  • #606,948
  • Jul 5, 2021 4:49am Jul 5, 2021 4:49am
Quoting BeeTogether
{quote} a drop below 13840 should open trapdoor towards 138-13820
i love trapdoor bee >.<
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #606,949
  • Jul 5, 2021 4:51am Jul 5, 2021 4:51am
Attached Image (click to enlarge)
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Intraday Trading is an Art _ hoda
  • #606,950
  • Jul 5, 2021 4:51am Jul 5, 2021 4:51am
... on dly t/f likely only a break upside of 4001 would relieve the current bearishness ?

On 4hr there is a repeating pattern of bearish hidden div likely good so long as below 3873. It is the lowest in probability of these type of patterns I use as part of my edge but on 1hr there is a repeating pattern of bearish regular div too - both @ the current dly hi

dly below.
Attached Image (click to enlarge)
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Trader with an Edge.
  • #606,951
  • Jul 5, 2021 4:51am Jul 5, 2021 4:51am
Quoting Pat Chiko
{quote} Gu Not looking very good. In negative position. Careful for today NY is closed. Just quick scalp if any opportunity arise {image}
Looking good so far
How to succeed in zero sum game?
  • #606,952
  • Jul 5, 2021 4:54am Jul 5, 2021 4:54am
Quoting mysterio
If we get a break down I'll trade it on confirmation, purple level is resistance. If it breaks above there then forget it. Sitting on hands for now, wait and see. Still bullish so need to see a shift in momentum {image}
Hopefully this is playing out now. Scalping from the resistance/wedge top, TP open (around 1.38 in mind)
  • #606,953
  • Jul 5, 2021 5:03am Jul 5, 2021 5:03am
Quoting mysterio
{quote} Hopefully this is playing out now. Scalping from the resistance/wedge top, TP open (around 1.38 in mind)
It MGHT be, but not even M5 has a confirmed down trend yet. Selling is premature, in my opinion.
To free Gazans of Hamas, use whatever it takes.
  • #606,954
  • Jul 5, 2021 5:05am Jul 5, 2021 5:05am
i took short at 1.38585. Quite nice distribution at resistance zone + still bearish sentiment, waiting for my 10 pips partial close
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  • #606,955
  • Jul 5, 2021 5:07am Jul 5, 2021 5:07am
Quoting DrDave
{quote} It MGHT be, but not even M5 has a confirmed down trend yet. Selling is premature, in my opinion.
You're right, a bit impatient. Better would be to break the last low on m5 then sell on pullback. It fitted under my rules cause I had some confluence factors, h1 resistance level, upper TL, ,macd divergence, demand level on dxy
  • #606,956
  • Jul 5, 2021 5:21am Jul 5, 2021 5:21am
Quoting mysterio
If we get a break down I'll trade it on confirmation, purple level is resistance. If it breaks above there then forget it. Sitting on hands for now, wait and see. Still bullish so need to see a shift in momentum {image}
Ideally looking for this sort of scenario on dxy before going long cable, lets see
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  • #606,957
  • Jul 5, 2021 5:25am Jul 5, 2021 5:25am
I've taken another look at USD and I can't believe I missed this clear descending fib sequence (highlighted in brown boxes).

It is text book.

The green price projections are just crudely drawn to represent fib/support/resistance/Trend line confluences that I see into the future with my Dr WHO glasses on.

In short, I think the $ is on the way down long term.
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Compulsions can be hard to resist
  • #606,958
  • Jul 5, 2021 5:25am Jul 5, 2021 5:25am
Quoting BeeTogether
{quote} a drop below 13840 should open trapdoor towards 138-13820

Yeah,

take this cooler & please open the trap door.


Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #606,959
  • Jul 5, 2021 5:27am Jul 5, 2021 5:27am
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imho, it could be down from here.
Just opinion
Everything is possible but not guaranteed
  • #606,960
  • Jul 5, 2021 5:27am Jul 5, 2021 5:27am
opened sell ( small pos )
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dolce vita
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