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Cable Update (GBPUSD)

  • #460,801
  • May 30, 2018 2:51am May 30, 2018 2:51am
Similar on EU atm
All charts/ideas based on UK time zone
  • #460,802
  • May 30, 2018 12:30pm May 30, 2018 12:30pm
Time to take out the scalping system once again seems its that time of year to keep things tight for a couple of months till sept.
Short on this pair and euro usd too .. might take a while to get into the quick draw mgraw way of things - day trading is just an excuse for being lazy so lets get some momentum going lol for those 20 pip moves

But tomorrow will be looking for a few longs on both pairs
  • #460,803
  • May 30, 2018 2:02pm May 30, 2018 2:02pm
Quoting dean1star
Time to take out the scalping system once again seems its that time of year to keep things tight for a couple of months till sept. Short on this pair and euro usd too .. might take a while to get into the quick draw mgraw way of things - day trading is just an excuse for being lazy so lets get some momentum going lol for those 20 pip moves But tomorrow will be looking for a few longs on both pairs
Quick draw MacGraw love it

Eyes on USD news this week early signs say weakness imo however GBP is weak across the board atm, as usual it's as clear as mud

I'm out of time projections so looking at the last Daily low we have 3 days of rise to look forward to ...well maybe

We still have sizable downside targets on this pair, Tuesday's low to scupper the bulls I think
All charts/ideas based on UK time zone
  • #460,804
  • May 30, 2018 2:46pm May 30, 2018 2:46pm
Quoting sponge
{quote} Quick draw MacGraw love it Eyes on USD news this week early signs say weakness imo however GBP is weak across the board atm, as usual it's as clear as mud I'm out of time projections so looking at the last Daily low we have 3 days of rise to look forward to ...well maybe We still have sizable downside targets on this pair, Tuesday's low to scupper the bulls I think
A few weeks back it seemed like a 130 zone not for the down move more for the support and a range of 133 to 130 - time of year we are mid point as near as so thats 2 quarter trading terms and a big fat round number to bounce off so it all makes sense if ever it can lol .
  • #460,805
  • May 31, 2018 2:54am May 31, 2018 2:54am
I have sold GU at 1.3330/33.

Stop 10 pips.
Intraday only.
  • #460,806
  • May 31, 2018 3:04am May 31, 2018 3:04am
Quoting navk
I have sold GU at 1.3330/33. Stop 10 pips.
out. BE
Intraday only.
  • #460,807
  • May 31, 2018 5:54am May 31, 2018 5:54am
Quoting navk
{quote} out. BE
As I'm new to trading.. wats BE bro
  • #460,808
  • May 31, 2018 6:58am May 31, 2018 6:58am
Looks increasingly like it is going to 3392 area broad 38.2 fib level
Come with me if you want to live....
  • #460,809
  • May 31, 2018 6:59am May 31, 2018 6:59am
Quoting Sandhiya
{quote} As I'm new to trading.. wats BE bro
= break even
  • #460,810
  • May 31, 2018 7:16am May 31, 2018 7:16am
I love the look of the H4 candle, as I type. If it stays the same, or similar, I'm targeting 1.3380.

Of course, that could all change with the data release in 15 minutes.
  • #460,811
  • May 31, 2018 7:18am May 31, 2018 7:18am
Quoting Luzbay
{quote} = break even
Thank you
  • #460,812
  • May 31, 2018 7:38am May 31, 2018 7:38am
bonus time
Attached Image (click to enlarge)
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  • #460,813
  • May 31, 2018 8:29am May 31, 2018 8:29am
my wish vs. market intention..

Attached Image (click to enlarge)
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  • #460,814
  • May 31, 2018 8:40am May 31, 2018 8:40am
Quoting Ill-b-back
Looks increasingly like it is going to 3392 area broad 38.2 fib level
It should go.
In hourly chart, it was 200 EMA. resisted.

Now after consolidation it must go up. Not sure though.

It is only my analysis.
Intraday only.
  • #460,815
  • May 31, 2018 8:51am May 31, 2018 8:51am
Maybe best to wait for USD news tomorrow
All charts/ideas based on UK time zone
  • #460,816
  • May 31, 2018 8:54am May 31, 2018 8:54am
change of plan best that waiting till tomorrow this could be heading back south
  • #460,817
  • May 31, 2018 9:15am May 31, 2018 9:15am
bigger view..

by assuming that the big daddies only understand MA and trendlines in their platform...

Attached Image (click to enlarge)
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after some rallies, of course
  • #460,818
  • May 31, 2018 9:16am May 31, 2018 9:16am
If 1.3275 gives up, I give up long. ( for today )
Intraday only.
  • #460,819
  • May 31, 2018 9:48am May 31, 2018 9:48am
Quoting navk
If 1.3275 gives up, I give up long. ( for today )
closed my long. 40 +
Intraday only.
  • #460,820
  • May 31, 2018 10:27am May 31, 2018 10:27am
well, it is likely to turn lower tomorrow, if my system is correct.
Intraday only.
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