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Cable Update (GBPUSD)

  • #460,401
  • May 10, 2018 4:15am May 10, 2018 4:15am
Care, so you dont catch a falling knife!
  • #460,402
  • May 10, 2018 4:15am May 10, 2018 4:15am
will wait for the 3489 to break then .....buy
Intraday only.
  • #460,403
  • May 10, 2018 4:16am May 10, 2018 4:16am
Quoting Cwsjr
{quote} Ummmmm
Took my profit buddy before news still got small long open will close should price break my demand level
  • #460,404
  • May 10, 2018 4:16am May 10, 2018 4:16am
Quoting navk
{quote} wait for impact.
Attached Image (click to enlarge)
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it really dropped off that cliff
  • #460,405
  • May 10, 2018 4:20am May 10, 2018 4:20am
Quoting elbert3
{quote} {image} it really dropped off that cliff
Yes I mentioned its a reversal top too....
  • #460,406
  • May 10, 2018 4:22am May 10, 2018 4:22am
US session could push it down to 1.341xx
  • #460,407
  • May 10, 2018 4:28am May 10, 2018 4:28am
Remember the other day a guy posted a video.

The biggies will buy below support, not above support.
Intraday only.
  • #460,408
  • May 10, 2018 4:28am May 10, 2018 4:28am
hello ppl
Attached Image (click to enlarge)
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  • #460,409
  • May 10, 2018 4:30am May 10, 2018 4:30am
Quoting navk
Remember the other day a guy posted a video. The biggies will buy below support, not above support.
Where will be a good buy zone
  • #460,410
  • May 10, 2018 4:33am May 10, 2018 4:33am
After the plunge

The market has gone into a bearish phase with negative volume, it could continue south or unwind back to pivot imo currently checking out 1.3500 support
All charts/ideas based on UK time zone
  • #460,411
  • May 10, 2018 4:33am May 10, 2018 4:33am
Quoting Trade-G
{quote} Where will be a good buy zone
1.3450?
Intraday only.
  • #460,412
  • May 10, 2018 4:37am May 10, 2018 4:37am
If 1.3489 can be maintained, this will be good news for bulls.
Attached Image (click to enlarge)
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  • #460,413
  • May 10, 2018 4:38am May 10, 2018 4:38am
Quoting navk
{quote} 1.3450?
Oh... I immediately went in to buy after you mentioned buy below, and was out for a nice scalp long (not recommended move)
  • #460,414
  • May 10, 2018 4:39am May 10, 2018 4:39am
Quoting Trade-G
{quote} Yes I mentioned its a reversal top too....
  • #460,415
  • May 10, 2018 4:40am May 10, 2018 4:40am
Quoting Trade-G
{quote} Oh... I immediately went in to buy after you mentioned buy below, and was out for a nice scalp long (not recommended move)


Not to follow this type of trading during news events.

It will hit your account some times ( most of times )
Intraday only.
  • #460,416
  • May 10, 2018 4:43am May 10, 2018 4:43am
The market was moving faster than I could create my post.
Consider this.
One order open now. I am going to turn my back on these now, fingers crossed. I will be back here 10pm GMT.
good luck to all
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FREEDOM IS SECURITY.
  • #460,417
  • May 10, 2018 4:45am May 10, 2018 4:45am
no mistakes until now, all prices are covered. If the price can go through 1.35550 choppy play will be until further buying. Not optimistic for bulls but they still need some boost. Current half an hour will be definitely very important.
  • #460,418
  • May 10, 2018 4:53am May 10, 2018 4:53am
Some volume starting to back it up, trading at pivot.

Beware more downside spikes
All charts/ideas based on UK time zone
  • #460,419
  • May 10, 2018 4:53am May 10, 2018 4:53am
The cable stalled at 50% Fibo. Next resistance is 1.3567. On 4H chart gives consolidation. The price can go up further but it might takes time. Next bulls revisit target at this time is 1.3591
  • #460,420
  • May 10, 2018 4:58am May 10, 2018 4:58am
Quoting navk
{quote} Not to follow this type of trading during news events. It will hit your account some times ( most of times )
true as long as you keep tight control and be prepared for small losses then hopefully latch on to the bigger move
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