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Cable Update (GBPUSD)

  • #459,921
  • May 2, 2018 1:08am May 2, 2018 1:08am
sold GBP @ 1.36137 TP @ 1.34803

GBP still need to break barrier @ 1.3534
Attached Image (click to enlarge)
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  • #459,922
  • May 2, 2018 1:12am May 2, 2018 1:12am
Quoting Neil0163
{quote} wait for the pull back to test the break point
Will do. I'm thinking of putting a sell stop under the 1.3595 after it retraces as well. Thanks for the advice, much appreciated!
  • #459,923
  • May 2, 2018 1:29am May 2, 2018 1:29am
Scalped Longs completed
  • #459,924
  • May 2, 2018 1:36am May 2, 2018 1:36am
rally?

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot - 02_05_2018 , 13_34_40.png Size: 32 KB
  • #459,925
  • May 2, 2018 1:37am May 2, 2018 1:37am
Quoting Trade-G
Scalped Longs completed
Oops should have let it run...
  • #459,926
  • May 2, 2018 1:38am May 2, 2018 1:38am
Looking at how the pullback of this upswing will be like
  • #459,927
  • May 2, 2018 1:44am May 2, 2018 1:44am
Quoting Jakob99
Looks to me as if it's gonna drop to at least 1.352 if it breaks through current resistance at 1.3595. That huge bearish bar absolutely slaughtered the trendline that has been going since march 2017, so this can't be insignificant. I'm going to be keeping a close eye on this just in case it shows its hand towards a beautiful bear play. However, it is very possible that I have missed something and would love to know if anyone has any tips/recommendations on the trade. Thanks! {image}
I waited a little to see what "might" happen, and pulled the trigger. I was looking for 1.36 but it stalled at 1.38 so I got out. A small fun trade, with quite a bit of luck
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 02May18.png Size: 193 KB
Return on Equity: 2017, 32.4%; 2018; 8.0%, 2019 (30Apr), 4.5%
  • #459,928
  • May 2, 2018 1:47am May 2, 2018 1:47am
1.36025 region is important for upside
  • #459,929
  • May 2, 2018 1:52am May 2, 2018 1:52am
Quoting SweetRevenge
rally? {image}
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot - 02_05_2018 , 13_48_03.png Size: 23 KB
  • #459,930
  • May 2, 2018 1:55am May 2, 2018 1:55am
Double bottom on smaller frames targ 3670's, 3599 still key I think, wait for London
All charts/ideas based on UK time zone
  • #459,931
  • May 2, 2018 2:05am May 2, 2018 2:05am
Quoting SweetRevenge
{quote} {image}
Wow your stops are quite big
  • #459,932
  • May 2, 2018 2:09am May 2, 2018 2:09am
Quoting Trade-G
{quote} Wow your stops are quite big
nope bro.

soon it approaching 3595 I'll kill them... LOL

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot - 02_05_2018 , 14_15_27.png Size: 23 KB
  • #459,933
  • May 2, 2018 2:19am May 2, 2018 2:19am
I t is going to be a long day today.
Intraday only.
  • #459,934
  • May 2, 2018 2:27am May 2, 2018 2:27am
Morning is it leak time before 9.30 news if so 3720 areas for me . But play it as you see it
  • #459,935
  • May 2, 2018 2:28am May 2, 2018 2:28am
or choose your favorite ratio to take profit..

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot - 02_05_2018 , 14_27_12.png Size: 21 KB
  • #459,936
  • May 2, 2018 3:03am May 2, 2018 3:03am
Quoting SweetRevenge
or choose your favorite ratio to take profit.. {image}
if 23% rejected then it will test today low. waiting to clear break above 23% to buy.
Join My Signal On Telegram at @forextradingforlivingsignal
  • #459,937
  • May 2, 2018 3:35am May 2, 2018 3:35am
Quoting elbert3
Morning is it leak time before 9.30 news if so 3720 areas for me . But play it as you see it
News was green how strange we took advantage of it early lol
  • #459,938
  • May 2, 2018 3:43am May 2, 2018 3:43am
I had 3644 as failed support, might resist for a while now
All charts/ideas based on UK time zone
  • #459,939
  • May 2, 2018 3:50am May 2, 2018 3:50am
1.3720 today.
Intraday only.
  • #459,940
  • May 2, 2018 4:08am May 2, 2018 4:08am
IMO, the market tend to run in consolidation toward NFP release
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