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Cable Update (GBPUSD)

  • #477,581
  • May 20, 2019 1:56am May 20, 2019 1:56am
Quoting Theoak
Shorting in at 1.2730
Now it is 1.2726
Attached Image (click to enlarge)
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  • #477,582
  • May 20, 2019 2:06am May 20, 2019 2:06am
Quoting arasheed
{quote} Now it is 1.2726{image}
I got in this 30 mins ago it was just 1.2735
Don't trade what you think. Just what you see!!!
  • #477,583
  • May 20, 2019 2:07am May 20, 2019 2:07am
Quoting Theoak
{quote} I got in this 30 mins ago it was just 1.2735
Now lets see what it does
Don't trade what you think. Just what you see!!!
  • #477,584
  • May 20, 2019 2:16am May 20, 2019 2:16am
Quoting Theoak
{quote} Now lets see what it does
I have a very small stop loss if it goes against me so be it. This has a good risk to reward!!!! I could have taken a few pips, but I think there is more on offer!!!
Don't trade what you think. Just what you see!!!
  • #477,585
  • May 20, 2019 2:22am May 20, 2019 2:22am
Quoting navk
{quote} retracement days, next 2 days as long as 2710 is not broken.
2774 could be first target today.

Then a drop down to 2710/2700 before another pull up.

However 2710/2694 should hold today.
Intraday only.
  • #477,586
  • May 20, 2019 2:23am May 20, 2019 2:23am
Quoting Theoak
{quote} I have a very small stop loss if it goes against me so be it. This has a good risk to reward!!!! I could have taken a few pips, but I think there is more on offer!!!
I have a feeling this is not going to work out. I have only put chicken feed on this one. The one I'm more confident with is AUD ? USD. A shock result with labour not winning means it should go up. I've risked more capital on that one!!!!
Don't trade what you think. Just what you see!!!
  • #477,587
  • May 20, 2019 2:27am May 20, 2019 2:27am
Quoting Theoak
{quote} I have a very small stop loss if it goes against me so be it. This has a good risk to reward!!!! I could have taken a few pips, but I think there is more on offer!!!
Yes that is good, Something is better than nothing.
  • #477,588
  • May 20, 2019 2:47am May 20, 2019 2:47am
good negotiations for all you.
  • #477,589
  • May 20, 2019 2:48am May 20, 2019 2:48am
Unbelievable. Last week ,2 accounts blown on long trades .
Now i take short and stoped out
Took long to daily R1 1.27677 at least
Sl under 1.27139
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2019-05-20 10.45.04_1.jpg Size: 105 KB

The dx woke jp today on the wrong side
Attached Image (click to enlarge)
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yes yes yes
  • #477,590
  • May 20, 2019 2:52am May 20, 2019 2:52am
Quoting Theoak
{quote} I have a feeling this is not going to work out. I have only put chicken feed on this one. The one I'm more confident with is AUD ? USD. A shock result with labour not winning means it should go up. I've risked more capital on that one!!!!
Well I'm 15 pips in a hole. If it goes up anymore I'm busted. If it starts showing signs of coming down I'm going to add to my short. What do you think? And by the way AUD/USD is doing nicely!!!!!
Don't trade what you think. Just what you see!!!
  • #477,591
  • May 20, 2019 2:54am May 20, 2019 2:54am
Quoting Moty
Unbelievable. Last week ,2 accounts blown on long trades . Now i take short and stoped out Took long to daily R1 1.27677 at least Sl under 1.27139 {image} The dx woke jp today on the wrong side {image}
I think you'll recover the losses.
  • #477,592
  • May 20, 2019 2:59am May 20, 2019 2:59am
I cleared my mess of long trades opened last Thursday.

Had more than 100 pips floating.

Opened long trades between 2842 and 2831.

With limited risk, I added more longs at 1.2725 and closed all.
Attached Image (click to enlarge)
Click to Enlarge Name: Liquidity Soft Solutions.png Size: 73 KB
Intraday only.
  • #477,593
  • May 20, 2019 3:00am May 20, 2019 3:00am
Quoting Theoak
{quote} Well I'm 15 pips in a hole. If it goes up anymore I'm busted. If it starts showing signs of coming down I'm going to add to my short. What do you think? And by the way AUD/USD is doing nicely!!!!!
15 pip loss BUSTED.
Don't trade what you think. Just what you see!!!
  • #477,594
  • May 20, 2019 3:04am May 20, 2019 3:04am
the pair was oversold,an upward reaction was expected, to what point extent? the problems that led to the fall remain, attention, I hope to compensate for some losses of Friday ,I was long 1.27375 lets the reaction of the pair
  • #477,595
  • May 20, 2019 3:04am May 20, 2019 3:04am
Quoting Moty
Unbelievable. Last week ,2 accounts blown on long trades . Now i take short and stoped out Took long to daily R1 1.27677 at least Sl under 1.27139 {image} The dx woke jp today on the wrong side {image}
you have to wait to open london to enter your trade, otherwise, seeing the dollar index hours ago, is very clear that doesnt want to pass the last high, so was predectible that the direction in london open was to the ground
  • #477,596
  • May 20, 2019 3:06am May 20, 2019 3:06am
Quoting navk
I cleared my mess of long trades opened last Thursday. Had more than 100 pips floating. Opened long trades between 2842 and 2831. With limited risk, I added more longs at 1.2725 and closed all. {image}
nice!
  • #477,597
  • May 20, 2019 3:06am May 20, 2019 3:06am
Quoting navk
I cleared my mess of long trades opened last Thursday. Had more than 100 pips floating. Opened long trades between 2842 and 2831. With limited risk, I added more longs at 1.2725 and closed all. {image}
Then you got lucky that it didnt drop further:-) always gives a bit of rest
  • #477,598
  • May 20, 2019 3:08am May 20, 2019 3:08am
Quoting Robst3r
{quote} Then you got lucky that it didnt drop further:-) always gives a bit of rest
see the daily open, gap up. That gave me confidence.
Intraday only.
  • #477,599
  • May 20, 2019 3:08am May 20, 2019 3:08am
After a bullish week , that every day price went up to drop after touching the ema band , finally we get an hourly candle that closes above.
Even that tha band is under 144 ema , i think that the right move is to to take long position to 1.27677 and 1.128243 with stop under daily low
Attached Image(s) (click to enlarge)
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yes yes yes
  • #477,600
  • May 20, 2019 3:10am May 20, 2019 3:10am
1.27590-1.27520 supply zone if breakout above will go further up
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