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Cable Update (GBPUSD)

  • #671,041
  • Jul 22, 2022 1:48am Jul 22, 2022 1:48am
Quoting navk
{quote} the daily close is above daily pivot. In this scenario, the first target is r1. I may be wrong. My theories went wrong almost all times.
I am aware of this. It's one of the reasons why I risked taking long at that hynamic support formed at 1951.
  • #671,042
  • Edited 2:00am Jul 22, 2022 1:49am | Edited 2:00am
Quoting navk
no guess work. Seeing the chart. A support has formed. But the momentum should be there to buy. Until then no buy.
Hit Buy Stop, guess tighten SL then
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TP not se yet, not good at finding TP

Update moving SL +
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10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #671,043
  • Jul 22, 2022 1:58am Jul 22, 2022 1:58am
Quoting Mitiblotch
{quote} I also got in a little long but will close with 20 or 30 pips profit. I believe those supports will break later but London spike to 1990 or even 1980 is good enough for me.
Closed at 1981. Good enough for me.
  • #671,044
  • Jul 22, 2022 2:03am Jul 22, 2022 2:03am
UJ short is there for me.

I am not trading it
Intraday only.
  • #671,045
  • Jul 22, 2022 2:05am Jul 22, 2022 2:05am
Quoting TheWolf
I will refrain from posting from now on. What happened today, well there is NO LOGICAL EXPLANATION whatsoever. Thus, I hold the strongest opinion that market is random and should be viewed as such. I am taking a pause and will considering if this journey continues for me or not. I need a deep think and I need to step away for a while to clear my head from everything I learned and thought made sense. Because nothing here, in my opinion, makes any sense. First reason is selfish, another reason is that I don't think I can be of any help anymore to...
Bye TW, clear it all out and come back, stronger.

Charts are just a part of the equation., market sense and gut feeling count for a lot. There is no formula for success in the markets guaranteed to work, if there was there wouldn't be markets.

Good luck brother.
"Don't Shoot Me I'm Only the Piano Player"
  • #671,046
  • Jul 22, 2022 2:05am Jul 22, 2022 2:05am
A clear momentum is there.

No chance to close.

Have tight stop at 1951

It can go all the way to 2030/35/40/45.
Intraday only.
  • #671,047
  • Edited 2:26am Jul 22, 2022 2:08am | Edited 2:26am
Quoting GODofMC
{quote} Hit Buy Stop, guess tighten SL then {image}TP not se yet, not good at finding TP Update moving SL + {image}
Price hunted my SL when updated to 80
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Updated : Switched to short at .82 SL 1.2
No chart, only guts


Update 2 :
Movring SL +

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A gap at m15 scary thing, may be back closing Gap so put SL

Updated 3: Moving SL again securing 10 pips
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10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #671,048
  • Jul 22, 2022 2:26am Jul 22, 2022 2:26am
Attached Image (click to enlarge)
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yes yes yes
  • #671,049
  • Jul 22, 2022 2:28am Jul 22, 2022 2:28am
Quoting Mnsgroup
I hope GU gives me profit.. {image}
update :
the price dropped before touching my target at 1.9960
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  • #671,050
  • Edited 2:43am Jul 22, 2022 2:33am | Edited 2:43am
Quoting Waveskierrob
{quote} Feel your pain buddy, the markets are filled with confusion that's how they make money, hence why I just flip a coin for direction, many have mocked me for not using charts, it's my opinion that charts and news add to that confusion, but each to their own, keep posting though
Lol... you are a successful magician. I will soon start prophetic trading. Lol...

On a serious note, many times we are harangued to post charts. But in my experience everything cannot be shown on charts. There is a proven rule where Asian high and low means a lot to price moves. London breaks one then be sure the direction is the other way, of course putting other factors into consideration. And then there is gut feeling trading. Sometimes chart are overrated. With a decent account size one can flip a coin and hedge to profits on either side. I have done it before and it works. Charts show us a road map, however, some people don't need that road map.

In the days of old the biggest traders didn't use charts. All they wanted to know was price and what time of the year it was.

Cheers too all of us both chart users and non-chart users.
  • #671,051
  • Edited 2:55am Jul 22, 2022 2:34am | Edited 2:55am
Long @1.1937
SL 1.1905
TP 1.2015
Face 'ur fears & tame 'ur greed
  • #671,052
  • Jul 22, 2022 2:40am Jul 22, 2022 2:40am
Quoting JereMi256
Long @1.1937 SL 1.1905
Added @1.1919

Same SL
Face 'ur fears & tame 'ur greed
  • #671,053
  • Jul 22, 2022 2:45am Jul 22, 2022 2:45am
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yes yes yes
  • #671,054
  • Jul 22, 2022 2:46am Jul 22, 2022 2:46am
Quoting eyefeelsix
{quote} possible future movement, hope this helps my waves updated : {image}
test scalp long current atm
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https://breakpullback.com
  • #671,055
  • Jul 22, 2022 2:46am Jul 22, 2022 2:46am
Quoting GODofMC
{quote} Price hunted my SL when updated to 80 {image} Updated : Switched to short at .82 SL 1.2 No chart, only guts Update 2 : Movring SL + {image} A gap at m15 scary thing, may be back closing Gap so put SL Updated 3: Moving SL again securing 10 pips {image}
Moving SL, want to cut, but it might goes down again, does it want to really goes down?
Goes back in sell channel unles it goes back up again
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10000% Wannabe . -$3000 & -$4000
Gold Recovery All Time Profit: -$3,961
  • #671,056
  • Jul 22, 2022 2:50am Jul 22, 2022 2:50am
This is some random shit? No, Asia sold and London would want to sell or at least take out the low made by Asia. Now they have done it and price has gotten to my H4 right shoulder H&S area. It should rise some, but today is Friday and I am skeptical.

Bought some at 1927 and will add but this is just for today, as I believe the lows/supports are in jeopardy.
  • #671,057
  • Jul 22, 2022 2:52am Jul 22, 2022 2:52am
Long order at 1.1901 also to close some earlier shorts that are still in the red
  • #671,058
  • Jul 22, 2022 3:00am Jul 22, 2022 3:00am
Nice strike from the bulls yesterday with beautiful reprisal attack from the bears playing the defense tactically. Would there be another long strike from the 19230/18730 bulls?
Keep the Lights on then you can catch the rise from the dark.
  • #671,059
  • Jul 22, 2022 3:04am Jul 22, 2022 3:04am
Crazy morning so far! Not sure if it’s to do with the euro data? We have some red sticker data in 30 mins. Potentially enough to send us below 119
Insane in the Brain..
  • #671,060
  • Jul 22, 2022 3:07am Jul 22, 2022 3:07am
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yes yes yes
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