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Cable Update (GBPUSD)

  • #607,481
  • Jul 6, 2021 9:46pm Jul 6, 2021 9:46pm
Quoting KiwiTrada
{quote} both uj and gj approaching 4hr and daily lows, important levels, especially if the break through :-)
maybe another retest, time will tell:-)
If you are new to Forex? Say Goodbye to your account!!
  • #607,482
  • Jul 6, 2021 9:47pm Jul 6, 2021 9:47pm
a bounce. so far lh ll d1 candles.
d1 usd index testing trend line.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #607,483
  • Jul 6, 2021 9:51pm Jul 6, 2021 9:51pm
Quoting Moty
Entered short {image}
I am out
Took long gold for 10 pts
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yes yes yes
  • #607,484
  • Jul 6, 2021 9:53pm Jul 6, 2021 9:53pm
Quoting Moty
{quote} I am out Took long gold for 10 pts {image}
why mot
Trade with prediction = witch with her visions lol
  • #607,485
  • Jul 6, 2021 10:05pm Jul 6, 2021 10:05pm
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Together we can be strongest
Vantage Return This Month: -97.0%
  • #607,486
  • Jul 6, 2021 10:32pm Jul 6, 2021 10:32pm
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Another little clear out of some old trades
  • #607,487
  • Jul 6, 2021 10:34pm Jul 6, 2021 10:34pm
just maybe...
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Everything is possible but not guaranteed
  • #607,488
  • Jul 6, 2021 10:36pm Jul 6, 2021 10:36pm
I wonder if y's low is c wave of a big upward move that started at the nfp data or maybe it is a c wave of the down ward move that started yesterday.
Because i believe that dx is going to drop, i am tending to the first option
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yes yes yes
  • #607,489
  • Jul 6, 2021 10:53pm Jul 6, 2021 10:53pm
Quoting Moty
I wonder if y's low is c wave of a big upward move that started at the nfp data or maybe it is a c wave of the down ward move that started yesterday. Because i believe that dx is going to drop, i am tending to the first option {image}
most likely is 50% 3823 area (DPP also) and down for at least YL.. for 5th wave.

if price continue up different scenario and i don't see the end of it. (1.396?)
*im holding long from 1.3778, no SL yet.. if price will hit DPP and will not make noise of continuation by break it in first attempt i will close it and maybe switch side to short or sideline
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  • #607,490
  • Jul 6, 2021 10:56pm Jul 6, 2021 10:56pm
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yes yes yes
  • #607,491
  • Jul 6, 2021 10:56pm Jul 6, 2021 10:56pm
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If could break green line, possibility will go up then watch 1.3837 as 50% fibo (my chart)
if rejected by LO, it should fall to 1.3750.
just maybe
Everything is possible but not guaranteed
  • #607,492
  • Jul 6, 2021 10:57pm Jul 6, 2021 10:57pm
Quoting Waveskierrob
{image} Another little clear out of some old trades

Impressive results. Good for you Waveskierrob .
It looks you've find your way to success.

Do you need this much everyday to live in Leicester UK ?.
Give some to other traders in this thread.

Seriously, looking at your performance, all I can say is your trading style is versatile, trade according to market conditions.
You don't tend to trade one system throughout the whole period without adapting according to how the market moves.
That's pretty smart.

But somebody has to get hurt down the line by your performance

Congrats & Trade Well.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #607,493
  • Edited 11:21pm Jul 6, 2021 11:02pm | Edited 11:21pm
Holding from my bounce zone hopefully a nice move up at some point- no monkey business and swinging down to take out the low first please. Going off of the potential top on DXY as we are on weekly supply albeit just teetering on the edge. Pivot looking ominous on GU

As always anything can happen and there is always the chance DXY goes deeper into the supply zone, especially with FOMC, so I lock in the position at BE and hope for some good RR trades to bring me into a good profit for the week

The FOMC spike usually goes against the prevailing market narrative (IE if there's an obvious top and everyone/retail is shorting, it can spike up to take out the sellers stops before the real move down) so worth getting out if you're a scalper and just watching. So if we're creating a double top on DXY it would not surprise me one bit if we get a spike up on DXY and down on GU as FOMC is crooks paradise
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  • #607,494
  • Jul 6, 2021 11:06pm Jul 6, 2021 11:06pm
Quoting Inthebox
{quote} i was in GU long. so UJ long is no good for me. i did not buy uj.
in time ........ in time ....... you learn.
watch and learn from youtube from many people.
pick a little here, a little there that suits you.
combine and wala! you have your own method.
sorry, no one can do it for you. you have to go through yourself.
How to succeed in zero sum game?
  • #607,495
  • Jul 6, 2021 11:10pm Jul 6, 2021 11:10pm
Quoting Pat Chiko
{quote} But somebody has to get hurt down the line by your performance
I'm sure we can all shed a collective single tear for crooked IG who locked their entire platform for 3 entire half days during the Gamestop saga refusing to let people modify or close positions and not refunding anyone
  • #607,496
  • Jul 6, 2021 11:11pm Jul 6, 2021 11:11pm
with a clean chart and the wonderful 50 sma band you can see clearly the waves
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yes yes yes
  • #607,497
  • Jul 6, 2021 11:19pm Jul 6, 2021 11:19pm
Quoting dempire1
{quote} in time ........ in time ....... you learn. watch and learn from youtube from many people. pick a little here, a little there that suits you. combine and wala! you have your own method. sorry, no one can do it for you. you have to go through yourself.
thank you admirer.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #607,498
  • Jul 6, 2021 11:21pm Jul 6, 2021 11:21pm
look what they did in the last time when price was in that zone ,
2 crooks last monthly high or low and squeeze to the other side
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yes yes yes
  • #607,499
  • Jul 6, 2021 11:23pm Jul 6, 2021 11:23pm
G/M, big (relatively) > 30day adr pip range y/day, the lo finding support @ a prev 1hr/4hr sw hi zone = prev res=pot rbs, now a prev 1hr/minor 4hr sw lo zone. 38.2% fib of the drop reached @ the current p/back hi.

1hr below.
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Trader with an Edge.
  • #607,500
  • Jul 6, 2021 11:26pm Jul 6, 2021 11:26pm
MACD and DXY is uncertain about the movement and DX currntly 92.500+
BB middle band is closer to PA
Stoch, RSI both indicates possible upside movement.

So both longs & short got opportunity here.

My analysis:

Hourly Trend: Bullish
Daily Trend: Bears is more likely powerful.
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Try the simple and make it for you ~
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