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Cable Update (GBPUSD)

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  • Post #607,801
  • Quote
  • Jul 7, 2021 2:17pm Jul 7, 2021 2:17pm
  •  Headland
  • Joined Apr 2020 | Status: On hols | 4,973 Posts
Quoting Jolita
Disliked
All ready tired of this uncertainty... ? What news can Feds release, that we haven't heard already? After the pandemic there are no jobs, only one thing is possible to pump their capital, buy bonds, increase interest to lower inflation and perhaps help business out. Why this should shake the markets by crazy moves 100-300pips? Dont get it. Testing my patience...
Ignored
for tech traders, it doesn't matter why - we trade what we see and anything that creates movement/volatility/momentum is potentially good for us.
--------------------------------------------------------------------------

... couple of small scalps both ways, nothing much, hardly worth coming back to desk for, but better than nothing I guess. Bit of a diamond pattern thingy developing on 1hr?

1hr below.
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Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
 
4
  • Post #607,802
  • Quote
  • Jul 7, 2021 2:18pm Jul 7, 2021 2:18pm
  •  ryuryu
  • Joined Apr 2020 | Status: Member | 1,698 Posts
Will it go up more, guys?
Observer effect
 
2
  • Post #607,803
  • Quote
  • Jul 7, 2021 2:19pm Jul 7, 2021 2:19pm
  •  R4sh
  • | Joined Dec 2014 | Status: Member | 159 Posts
It seems so
Lost in Narrative
 
2
  • Post #607,804
  • Quote
  • Jul 7, 2021 2:25pm Jul 7, 2021 2:25pm
  •  dimitricss
  • Joined Mar 2017 | Status: american cichlid lover | 1,302 Posts
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Trade with prediction = witch with her visions lol
 
3
  • Post #607,805
  • Quote
  • Jul 7, 2021 2:28pm Jul 7, 2021 2:28pm
  •  dempire1
  • Joined Jun 2021 | Status: Newbie Scalper | 572 Posts
Quoting Pat Chiko
Disliked
{quote} GU Second stopped out Today , got double stopped out. Maybe need a rest Must go to Estonia to visit dempire1's to work in his farm looking after the bear. Trying to enter again to scalping Short with new H1 candle {image}
Ignored
My grandma would be very thankful and feed you with pancakes every morning
Trade what you see not what you think.
 
 
  • Post #607,806
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  • Jul 7, 2021 2:29pm Jul 7, 2021 2:29pm
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 11,270 Posts
Quoting Pat Chiko
Disliked
HNS on H1 Short, 1.38100. Hope tis works. Chart later. Busy managing trade
Ignored

GU

Here's the chart entry.
Short at HNS
Stop 27 pips pips.


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I come from the future.
 
3
  • Post #607,807
  • Quote
  • Jul 7, 2021 2:30pm Jul 7, 2021 2:30pm
  •  Fix-it
  • | Joined Oct 2019 | Status: Member | 185 Posts
Technically looking at the day charts , only way is up for G/US.. for the rest of the day and tomorrow.
 
1
  • Post #607,808
  • Quote
  • Jul 7, 2021 2:33pm Jul 7, 2021 2:33pm
  •  Moty
  • Joined Dec 2017 | Status: Member | 21,558 Posts
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1
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  • Post #607,809
  • Quote
  • Jul 7, 2021 2:35pm Jul 7, 2021 2:35pm
  •  AlfieSolomon
  • Joined May 2021 | Status: Member | 429 Posts
I think not worth taking trade now , because there is no foking movement
 
3
  • Post #607,810
  • Quote
  • Jul 7, 2021 2:41pm Jul 7, 2021 2:41pm
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 11,270 Posts
Quoting Pat Chiko
Disliked
{quote} GU Here's the chart entry. Short at HNS Stop 27 pips pips. {image}
Ignored
GU

Bear are too tired to follow through

Might as well take whatever given tonight to recover some losses earlier.

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I come from the future.
 
6
  • Post #607,811
  • Quote
  • Jul 7, 2021 2:42pm Jul 7, 2021 2:42pm
  •  Nd10
  • Joined Mar 2019 | Status: Member | 1,374 Posts
Quoting Fix-it
Disliked
Technically looking at the day charts , only way is up for G/US.. for the rest of the day and tomorrow.
Ignored
You get the point
 
 
  • Post #607,812
  • Quote
  • Jul 7, 2021 2:43pm Jul 7, 2021 2:43pm
  •  kiyo
  • | Joined Mar 2015 | Status: Member | 69 Posts
Quoting Moty
Disliked
{image}{image}
Ignored
How about this?
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1
  • Post #607,813
  • Quote
  • Jul 7, 2021 2:44pm Jul 7, 2021 2:44pm
  •  mikiki
  • | Joined Jun 2021 | Status: Member | 14 Posts
Still long, deleted my stop loss. I see it that It will go higher. If not life is life . I believe in my backtesting
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1
  • Post #607,814
  • Quote
  • Jul 7, 2021 2:45pm Jul 7, 2021 2:45pm
  •  dempire1
  • Joined Jun 2021 | Status: Newbie Scalper | 572 Posts
Quoting mikiki
Disliked
Still long, deleted my stop loss. I see it that It will go higher. If not life is life . I believe in my backtesting {image}
Ignored
Deleting stop loss is not a very wise idea sir
Trade what you see not what you think.
 
3
  • Post #607,815
  • Quote
  • Jul 7, 2021 2:45pm Jul 7, 2021 2:45pm
  •  MTF Test
  • Joined May 2008 | Status: I Loose, I Win, I Conquer | 1,671 Posts
Quoting Pat Chiko
Disliked
{quote} GU Bear are too tired to follow through Might as well take whatever given tonight to recover some losses earlier. {image}
Ignored
Me too. I am out. No more trades. Uncertainty at it best right now. seems a divergence in play. might test the previous high before downturn.
Fools Rushing
 
1
  • Post #607,816
  • Quote
  • Jul 7, 2021 2:46pm Jul 7, 2021 2:46pm
  •  mikiki
  • | Joined Jun 2021 | Status: Member | 14 Posts
Quoting dempire1
Disliked
{quote} Deleting stop loss is not a very wise idea sir
Ignored
I mean when i saw that bearish momentum. I just trust myself.
 
1
  • Post #607,817
  • Quote
  • Jul 7, 2021 2:46pm Jul 7, 2021 2:46pm
  •  dimitricss
  • Joined Mar 2017 | Status: american cichlid lover | 1,302 Posts
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Trade with prediction = witch with her visions lol
 
3
  • Post #607,818
  • Quote
  • Jul 7, 2021 2:54pm Jul 7, 2021 2:54pm
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 11,270 Posts
Quoting Pat Chiko
Disliked
{quote} GU Bear are too tired to follow through Might as well take whatever given tonight to recover some losses earlier. {image}
Ignored
GU

tighten SL to minimise any losses.

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I come from the future.
 
7
  • Post #607,819
  • Quote
  • Jul 7, 2021 2:56pm Jul 7, 2021 2:56pm
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 11,270 Posts
Quoting MTF Test
Disliked
{quote} Me too. I am out. No more trades. Uncertainty at it best right now. seems a divergence in play. might test the previous high before downturn.
Ignored

Instead, just tighten my SL to stay with the trade in case Bear wakes up.
I come from the future.
 
2
  • Post #607,820
  • Quote
  • Edited 3:20pm Jul 7, 2021 2:56pm | Edited 3:20pm
  •  dempire1
  • Joined Jun 2021 | Status: Newbie Scalper | 572 Posts
Quoting dempire1
Disliked
{quote} I set up new buy limit @ 1.37999 with SL @ 1.37894.
Ignored
buy activated TP @ 1.38279
Trade what you see not what you think.
 
2
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