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Cable Update (GBPUSD)

  • #477,601
  • May 20, 2019 3:21am May 20, 2019 3:21am
Quoting Moty
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 {image} {image}
Hi Moty - It was a bearish last week. It dropped 5 days on the trot. It does look at the moment Bullish I agree and it might start going up, I'm going to sit on my hand for a while as we maybe jumping in too soon!
Don't trade what you think. Just what you see!!!
  • #477,602
  • May 20, 2019 3:28am May 20, 2019 3:28am
2774/2771 is the first target.
Intraday only.
  • #477,603
  • May 20, 2019 3:59am May 20, 2019 3:59am
Shorting 1.2744
Don't trade what you think. Just what you see!!!
  • #477,604
  • May 20, 2019 4:01am May 20, 2019 4:01am
SOLD GU @1.2748 because rejection around 1.2754 TP @1.2676
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  • #477,605
  • May 20, 2019 4:10am May 20, 2019 4:10am
Dx+gu 15m
Attached Image(s) (click to enlarge)
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yes yes yes
  • #477,606
  • May 20, 2019 4:16am May 20, 2019 4:16am
Quoting Theoak
Shorting 1.2744
A break of 1.27 will really open hell for GBP bulls..
If you want in on my experimental EA, PM me.
  • #477,607
  • May 20, 2019 4:25am May 20, 2019 4:25am
Quoting RegisMexes
{quote} A break of 1.27 will really open hell for GBP bulls..
Buy after 1H candle open above 1.2760
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #477,608
  • May 20, 2019 4:48am May 20, 2019 4:48am
Quoting Theoak
Shorting 1.2744
Loss 10 pips
Don't trade what you think. Just what you see!!!
  • #477,609
  • May 20, 2019 4:49am May 20, 2019 4:49am
Quoting Theoak
{quote} Loss 10 pips
Too early imo.
If you want in on my experimental EA, PM me.
  • #477,610
  • May 20, 2019 4:53am May 20, 2019 4:53am
Quoting RegisMexes
{quote} Too early imo.
Well good luck with your trade. I might be wrong!
Don't trade what you think. Just what you see!!!
  • #477,611
  • May 20, 2019 4:59am May 20, 2019 4:59am
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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In scalping trade at this time but accumulating some shorts . The green line I would think is a better resistance.
  • #477,612
  • May 20, 2019 5:17am May 20, 2019 5:17am
on weekly there is support very important.
  • #477,613
  • May 20, 2019 5:18am May 20, 2019 5:18am
Quoting FaDy27
SOLD GU @1.2748 because rejection around 1.2754 TP @1.2676 {image}
Could be the right call that looks like it found some sellers
  • #477,614
  • May 20, 2019 5:22am May 20, 2019 5:22am
Quoting Theoak
{quote} Well good luck with your trade. I might be wrong!
Well I got back in at 1.1275 lets see how we get on.5 pips now
Don't trade what you think. Just what you see!!!
  • #477,615
  • May 20, 2019 5:28am May 20, 2019 5:28am
Quoting Theoak
{quote} Well I got back in at 1.1275 lets see how we get on.5 pips now
Winner =2.7 pips
Don't trade what you think. Just what you see!!!
  • #477,616
  • May 20, 2019 5:42am May 20, 2019 5:42am
12hour chart show a past trend Lin break out so it might be heading to that old line to confirm. .below last weeks low is the large tail looking to possible fill at 2671 . 10 ema is not back in touch there yet so it could be a slow day . Coalition at 2770 could still be on track !!!
  • #477,617
  • May 20, 2019 5:47am May 20, 2019 5:47am
20emaon the day could see that past doji at 2867 . So that opinion is now what I will use as some sort of plan on the lower times .and I would think also it might bottom around 2660 and 2580 range . Again some future thought
  • #477,618
  • May 20, 2019 6:00am May 20, 2019 6:00am
Quoting Knot
Bears still have some kick left imo
Sticking to this. Purely observational at the moment. Good luck to all and stay green
  • #477,619
  • May 20, 2019 6:06am May 20, 2019 6:06am
Shorting 1.2737
Don't trade what you think. Just what you see!!!
  • #477,620
  • May 20, 2019 6:41am May 20, 2019 6:41am
Quoting Theoak
{quote} Well good luck with your trade. I might be wrong!
I am not really looking at cable now; unless it breaks 1.27.
If you want in on my experimental EA, PM me.
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