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Cable Update (GBPUSD)

  • #609,421
  • Jul 14, 2021 10:31am Jul 14, 2021 10:31am
Volume Chart with KeyLevels
Attached Image (click to enlarge)
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  • #609,422
  • Jul 14, 2021 10:34am Jul 14, 2021 10:34am
It need to drop, don't know it was stuck up some where
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  • #609,423
  • Edited 10:49am Jul 14, 2021 10:36am | Edited 10:49am
EDIT : I put up the same chart but provide with more detail description for better understanding.

I'm not the smartest trader around.

Always the question is ; why traders trade against momentum by trying to pick tops and bottoms is beyond my understanding, but traders do it, the majority do it, and the majority fail to make any money in this business.

All the successful traders I've come across, and I mean all, are expert at trading with momentum on their side.
All of the traders who are losing money, repeatedly do the opposite.
Does this not tell us something?
Identify which way momentum is running , and trade with it not against it.
Yes, counter momentum trades are possible, but they are riskier, and much more difficult to time.

GU

This is counter momentum trade to limited TP area. Look at the price structure
If price hold , we may see higher high tomorrow.

Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #609,424
  • Jul 14, 2021 10:36am Jul 14, 2021 10:36am
For today volatility system have done good work: 2 tps hit
Attached Image (click to enlarge)
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  • #609,425
  • Jul 14, 2021 10:41am Jul 14, 2021 10:41am
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lovely up and dow . Now could we see more up from here . Wait a bit
  • #609,426
  • Jul 14, 2021 10:41am Jul 14, 2021 10:41am
Quoting Pat Chiko
I'm not the smartest trader around. Always the question is ; why traders trade against momentum by trying to pick tops and bottoms is beyond my understanding, but traders do it, the majority do it, and the majority fail to make any money in this business. All the successful traders I've come across, and I mean all, are expert at trading with momentum on their side. All of the traders who are losing money, repeatedly do the opposite. Does this not tell us something? Identify which way momentum is running , and trade with it not against it. Yes, counter...
Every trader has its momentum. Why yours is bullish?
Algos Coder
  • #609,427
  • Jul 14, 2021 10:45am Jul 14, 2021 10:45am
scalping long
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  • #609,428
  • Jul 14, 2021 10:49am Jul 14, 2021 10:49am
Economic Calendars Review:

Crude Oil Inventories Event was reschedule by the EIA.

Calendars:
fxstreet: still to update data (20 minutes after release)
myfxbook: still to update data (20 minutes after release)
investing: updated data in time but printed in red when it should be green
forexfactory: updated data in time and correctly printed color

Forex Factory wins.
Algos Coder
  • #609,429
  • Jul 14, 2021 10:54am Jul 14, 2021 10:54am
Quoting dimitricss
took short 1.3890
closed 1.3850
Trade with prediction = witch with her visions lol
  • #609,430
  • Jul 14, 2021 10:56am Jul 14, 2021 10:56am
Powell might remain hawkish for deeper penetration. 1.36ish might play on cards
Keep the Lights on then you can catch the rise from the dark.
  • #609,431
  • Jul 14, 2021 10:58am Jul 14, 2021 10:58am
Attached Image (click to enlarge)
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Quoting Mr.Burger
{quote} I don't see the rocket d*ck on your chart lol
yes yes yes
  • #609,432
  • Jul 14, 2021 10:59am Jul 14, 2021 10:59am
Hi All

From june 28 to till date it was playing in range

upper 1.38942

lower 1.37893

beyond the level it trapped in both bull and bear


Scalper got a cake in pocket
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  • #609,433
  • Jul 14, 2021 11:01am Jul 14, 2021 11:01am
For scalpers....fresh SHORT signal....TP1 has a Success Rate 84%
Attached Image (click to enlarge)
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  • #609,434
  • Jul 14, 2021 11:04am Jul 14, 2021 11:04am
Quoting dimitricss
{quote} closed 1.3850
2 times loss trade minus 10each.
now bagged 40... still have 20. not so wonderfull day..

but still bagged my daily target.

ciao all..

green pips to you all.
Trade with prediction = witch with her visions lol
  • #609,435
  • Jul 14, 2021 11:15am Jul 14, 2021 11:15am
Quoting losja
{quote} Every trader has its momentum. Why yours is bullish?

Short & simple answer click here :

Here is the answer !
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #609,436
  • Jul 14, 2021 11:16am Jul 14, 2021 11:16am
Quoting helioss
For scalpers....fresh SHORT signal....TP1 has a Success Rate 84% {image}
nice one but RR for the first tp against the sl is not good..
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #609,437
  • Jul 14, 2021 11:19am Jul 14, 2021 11:19am
Quoting Almo2312
{quote} nice one but RR for the first tp against the sl is not good..
Yeap i'm working to adjust SL trigger
  • #609,438
  • Jul 14, 2021 11:23am Jul 14, 2021 11:23am
Quoting babayaga
{quote} neither there is a sign on myfxbook ...now it's TOP SECRET {image}
it's appeared

Attached Image (click to enlarge)
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bearish ???.., not of course

P.S. excuse me for the post that has nothing (?) with cable
dolce vita
  • #609,439
  • Jul 14, 2021 11:25am Jul 14, 2021 11:25am
come on !!!!
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yes yes yes
  • #609,440
  • Jul 14, 2021 11:26am Jul 14, 2021 11:26am
Quoting Pat Chiko
{quote} Short & simple answer click here : Here is the answer !
was expecting a scantily cladded lady
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