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Cable Update (GBPUSD)

  • #664,581
  • Jun 20, 2022 5:35am Jun 20, 2022 5:35am
Come on !!!
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yes yes yes
  • #664,582
  • Jun 20, 2022 5:39am Jun 20, 2022 5:39am
Quoting Moty
Come on !!! {image}

No. No! Moty, We will not come on today, We will come down
Time is everything; Everything.
  • #664,583
  • Jun 20, 2022 6:05am Jun 20, 2022 6:05am
Quoting navk
Price will be up today. 2200 to 2270 atleast. NY being holiday, I limit this upside target.
GU is facing resistance at 2270/80 as expected.

May be shorting would do now.

I am not trading though as my target is finished long ago in asia
Intraday only.
  • #664,584
  • Jun 20, 2022 6:05am Jun 20, 2022 6:05am
Quoting navk
{quote} to help you, if I can : I look at 4 hr close. 5pm est, 1 pm est candles are so important to ascertain high/low of previous day. If 1 pm est candle close high/low is not broken, then trade reverse. Where will you take reverse trade ? After hourly candle close. The next day, wait until asia hourly high/low. Take reverse trade. Two options to trade : 1) Reverse trade in NY session close 2) Reverse trade after asia high/low hourly is not broken the previous day 4 hr close. Easy 40/50 pips can be had. Today exactly the samething happened.
Interesting because I was been intuiting this movement but never traded it, I will check that way for sure, thank you.

One of the biggest discoveries that improved my daytrading is choping the 4h chart per days, It shows the daily moving really clear without the up and downs that the hourly chart have because market opens or whatever (I'm GMT+2). Now you give me the idea to do that but with diferent market opening/closes, I'm sure that this will deepen my insight in that, so thank you again.
rip and tear until it's done
  • #664,585
  • Jun 20, 2022 6:10am Jun 20, 2022 6:10am
Quoting RCtrader
{quote} It depends on how many pips you are looking for. I usually go 10-20, and leave a chunk for more
I grant you the 10- 20. Nothing more.
  • #664,586
  • Jun 20, 2022 6:11am Jun 20, 2022 6:11am
Quoting MR.P
{quote} I have been plotting ways to cripple them for the past 15 mins. They have had a good time without our influence for Gods sake
We will deal with them. Don't worry!
  • #664,587
  • Jun 20, 2022 6:11am Jun 20, 2022 6:11am
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yes yes yes
  • #664,588
  • Jun 20, 2022 6:12am Jun 20, 2022 6:12am
look, shorted
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Intraday only.
  • #664,589
  • Jun 20, 2022 6:21am Jun 20, 2022 6:21am
Come on!!!
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yes yes yes
  • #664,590
  • Jun 20, 2022 6:24am Jun 20, 2022 6:24am
Scalped Short w/ 32 pips. Expecting a much lower Price but then, Observe we shall! Reentry ? Maybe...
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Time is everything; Everything.
  • #664,591
  • Jun 20, 2022 6:31am Jun 20, 2022 6:31am
Quoting Mitiblotch
Short 2246. See of I can get close to 50 pips TP. The 1hr candle closed as a beautiful doji and price is still firmly under the daily pivot of 2254. These are my reasons.
Out of this at 2230. Just +16.
  • #664,592
  • Jun 20, 2022 6:32am Jun 20, 2022 6:32am
Quoting Mitiblotch
{quote} I grant you the 10- 20. Nothing more.
Looks like bears have higher chances now
Risk Management is of utmost importance!
  • #664,593
  • Jun 20, 2022 6:39am Jun 20, 2022 6:39am
Quoting Mitiblotch
{quote} Out of this at 2230. Just +16.

Well done
Some spare money for the next trade(s). Cheers! I will sit today out now and wait for a responsive tomorrow. Good day, everyone.
Time is everything; Everything.
  • #664,594
  • Jun 20, 2022 6:40am Jun 20, 2022 6:40am
Quoting MR.P
{quote} Well done Some spare money for the next trade(s). Cheers! I will sit today out now and wait for a responsive tomorrow. Good day, everyone.
Went short again at 2230. TP +20pips this time. Hope it works.
  • #664,595
  • Jun 20, 2022 7:00am Jun 20, 2022 7:00am
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #664,596
  • Jun 20, 2022 7:16am Jun 20, 2022 7:16am
Save your strength and money for Wednesday.
  • #664,597
  • Jun 20, 2022 7:38am Jun 20, 2022 7:38am
Quoting Pat Chiko
{quote} Same as you went short/...
but then, there was enough bounce from 2200 to 2280.

At 2250 i did not like to short. But at 2270/80, i wanted to.
Intraday only.
  • #664,598
  • Jun 20, 2022 7:40am Jun 20, 2022 7:40am
Attached File(s)
File Type: pdf Currency_Trading_and_Intermarket_Analysis.pdf   7.2 MB | 606 downloads
"Exchange of hands"
  • #664,599
  • Jun 20, 2022 8:05am Jun 20, 2022 8:05am
Gbpusd short for a few hundred pop drop, but trend still up
  • #664,600
  • Jun 20, 2022 8:09am Jun 20, 2022 8:09am
Pip not pop.
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