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Cable Update (GBPUSD)

  • #607,001
  • Jul 5, 2021 7:17am Jul 5, 2021 7:17am
Quoting IBabyTrader
{quote} Interestingly, the R1 on Demark's seems to have become S1 now :-)
sorry, but I am watching these:
R1:1.3890
PP:1.3811
S1:1.3777
.., not Sunday's
check also weekly if you are interested


P.S. from the other hand you are right.., because of "all those PP.., Friday's, Sunday's & Weekly.., Monday usually is a little bit tricky
dolce vita
  • #607,002
  • Jul 5, 2021 7:48am Jul 5, 2021 7:48am
Quoting mysterio
{quote} Tough one, swung up to take out the last high. Still in but have the opportunity to exit at BE. Decided to hold on as the breakout pattern is still valid and maybe just clearing some stops above the last high. Will let it play out for a bit longer but abandon it at the first sign of trouble, I may be swimming against the current. I had an idea that it had to go down to retest 1.38 before up but ultimately anything can happen. Will set the stop to breakeven on the next swing down or if it decides to grind up more from here I'll just close....
Ahhh starting to come good now. Will walk away from the screen for now, first TP at 1.3822 then 1.3801, stop set to BE. Hopefully 1.3845 gets dispatched without a huge bounce to my entry. Watching around 1.38-1.3775 for long to 1.39
  • #607,003
  • Jul 5, 2021 7:52am Jul 5, 2021 7:52am
Quoting mysterio
{quote} Ahhh starting to come good now. Will walk away from the screen for now, first TP at 1.3822 then 1.3801, stop set to BE. Hopefully 1.3845 gets dispatched without a huge bounce to my entry. Watching around 1.38-1.3775 for long to 1.39
3822 /25 easy IMO.

Let us see.

My SHORT trades too set at BE
Intraday only.
  • #607,004
  • Edited 8:03am Jul 5, 2021 7:52am | Edited 8:03am
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yes yes yes
  • #607,005
  • Jul 5, 2021 7:56am Jul 5, 2021 7:56am
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}
GU

Moving towards RBR and testing DOP with untested demand zone.

Very tight range expected as US holiday.

Just scalp for tiny profit will do for today.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #607,006
  • Jul 5, 2021 7:59am Jul 5, 2021 7:59am
Quoting Pat Chiko
{quote} GU Moving towards RBR and testing DOP with untested demand zone. Very tight range expected as US holiday. Just scalp for tiny profit will do for today. {image}
Doing the same. Trying to reach 1.3788
How to succeed in zero sum game?
  • #607,007
  • Jul 5, 2021 8:02am Jul 5, 2021 8:02am
Quoting Kimoo
{quote} Become roasted
I see many pigs around and about.....
trading is simple but is simple is not easy.
  • #607,008
  • Jul 5, 2021 8:05am Jul 5, 2021 8:05am
Crappy vol i am out .
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #607,009
  • Jul 5, 2021 8:12am Jul 5, 2021 8:12am
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yes yes yes
  • #607,010
  • Jul 5, 2021 8:19am Jul 5, 2021 8:19am
Quoting Moty
{image}
You try to eat all cake..
1.386 with no ny today was a very good place for tp.
  • #607,011
  • Jul 5, 2021 8:28am Jul 5, 2021 8:28am
Quoting Waveskierrob
{quote} Never failed, it's all about timing
Now i'll learn about entry timing.
Everything is possible but not guaranteed
  • #607,012
  • Jul 5, 2021 8:29am Jul 5, 2021 8:29am
Quoting Pat Chiko
{quote} GU Moving towards RBR and testing DOP with untested demand zone. Very tight range expected as US holiday. Just scalp for tiny profit will do for today. {image}
Yep, scalping day indeed!
And wait for tomorrow's US market opening...
Hope you all have a great non-holiday...day!
Jillian
  • #607,013
  • Jul 5, 2021 8:32am Jul 5, 2021 8:32am
Short now set SL to b/e at 13850. If it hits I will reeneter
Insane in the Brain..
  • #607,014
  • Jul 5, 2021 8:37am Jul 5, 2021 8:37am
Quoting gatenio
{quote} You try to eat all cake.. 1.386 with no ny today was a very good place for tp.
i gave the market a nice discount from 1.3900 to 1.38720 , i am not giving him more
it will get to 1.38720 , if not today , then tomorrow
yes yes yes
  • #607,015
  • Jul 5, 2021 8:47am Jul 5, 2021 8:47am
Quoting Moty
{quote} i gave the market a nice discount from 1.3900 to 1.38720 , i am not giving him more it will get to 1.38720 , if not today , then tomorrow
Wrong
  • #607,016
  • Jul 5, 2021 8:58am Jul 5, 2021 8:58am
I am on you side Moty
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  • #607,017
  • Jul 5, 2021 8:58am Jul 5, 2021 8:58am
Quoting Tekin
{quote} Defended well so far but 1.3870 {image}
I think it will not touch the broken trend line
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  • #607,018
  • Jul 5, 2021 9:00am Jul 5, 2021 9:00am
It's all about the wedges today

Hoping price follows the parabola or something similar

Done watching this it's been extremely boring today, check in tomorrow. Wish I'd just taken the long this morning and switched off but was convinced it was a trap
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  • #607,019
  • Jul 5, 2021 9:07am Jul 5, 2021 9:07am
it is now below 3851 to 3835 and then 3825 today.

IMO

My stop at 3851 with a small profit
Intraday only.
  • #607,020
  • Jul 5, 2021 9:08am Jul 5, 2021 9:08am
Quoting mysterio
It's all about the wedges today Hoping price follows the parabola or something similar Done watching this it's been extremely boring today, check in tomorrow. Wish I'd just taken the long this morning and switched off but was convinced it was a trap {image}
It’s a real drab today! SL hit not even a chance for re entry right now

edit entered at 13838
Insane in the Brain..
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