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Cable Update (GBPUSD)

  • #477,921
  • May 22, 2019 3:46am May 22, 2019 3:46am
I still maintain price touching 1.2860 this week. Secondly, second referendum will be voted by the Parliament which will eventually invalidate Brexit and price will soar to 1.34**. Whenever the pair makes 1.2660/92 as bottom it surges to at least 1.3150... The broader picture of the year is 1.4023 to be attacked as far as price doesn't go below 1.2400. Stay green.
Data + Stat + Risk/Emotions Management
  • #477,922
  • May 22, 2019 3:48am May 22, 2019 3:48am
Quoting Moty
{quote} The momentum is berrish for sure . But you saw yesterday what a major support can do . There was a sudden spike of 70-100 pips up that immediately dropped from 1.26950 area 1.266070 is far more stronger support from 1.26950
THERE were expecting May speech,momentum bearsh,be carefull,no signgs could give spike like yesterday ,no big news
  • #477,923
  • May 22, 2019 3:50am May 22, 2019 3:50am
Quoting Theoak
Long 1.2681

I've had a pop at it with the inflation Data, but I'm quiet certain it will fail. There is too much downward pressure regarding Brexit. I don't think Teressa will last the week. I think it is prob best for her own health if she throws the towel in.
Don't trade what you think. Just what you see!!!
  • #477,924
  • May 22, 2019 3:56am May 22, 2019 3:56am
Quoting Kimjoun
{quote} im disagree. there is plenty way to handle situation like this. the ez way is close your chat.
If you know how.. and have balls of steel!
I say that it’s eventually a recipe for failure.

When i traded like that i won most of the time, till the dead trade comes by and price drops 500 pips and i’m so sure it will go up again, so i keep adding lots.. promising myself i will never add lots anymore.. and boom account blown
  • #477,925
  • May 22, 2019 3:58am May 22, 2019 3:58am
I think we are going to get a long, price is in quite strong diversion,
life is a reflection of what we allow ourselves to see
  • #477,926
  • May 22, 2019 3:59am May 22, 2019 3:59am
Quoting Theoak
{quote} I've had a pop at it with the inflation Data, but I'm quiet certain it will fail. There is too much downward pressure regarding Brexit. I don't think Teressa will last the week. I think it is prob best for her own health if she throws the towel in.
If you can't beat them join them if this break the lows I'm shorting and set sl at the 5 min highs!
Don't trade what you think. Just what you see!!!
  • #477,927
  • May 22, 2019 4:05am May 22, 2019 4:05am
GBPUSD sluggishly responded to CPI news. But it doesn't mean a cancellation of falling option. The pair has no strong support for now. Moreover, I suppose the trend channel is breached and bearish movement will be sharper.
Attached Image (click to enlarge)
Click to Enlarge Name: 00000000000Centvc_28144d26f476f6edf62b5210748fbd10.jpg Size: 144 KB
#Anthonywins
  • #477,928
  • May 22, 2019 4:08am May 22, 2019 4:08am
i just bought GU with stop at 2650
Intraday only.
  • #477,929
  • May 22, 2019 4:10am May 22, 2019 4:10am
Quoting AnthonyWins
GBPUSD sluggishly responded to CPI news. But it doesn't mean a cancellation of falling option. The pair has no strong support for now. Moreover, I suppose the trend channel is breached and bearish movement will be sharper. {image}
has 7 divergent supports ... so for now I'm out ... just watching.
  • #477,930
  • May 22, 2019 4:16am May 22, 2019 4:16am
post deleted. retained stop 2650
Intraday only.
  • #477,931
  • May 22, 2019 4:19am May 22, 2019 4:19am
Quoting mikeeating
I think we are going to get a long, price is in quite strong diversion,
See?? He thinks we can go long.. maybe goes all in and price will drop another 300 pips?
  • #477,932
  • May 22, 2019 4:23am May 22, 2019 4:23am
Maybe accumulation for another spike
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2019-05-22 12.22.19_1.jpg Size: 114 KB
yes yes yes
  • #477,933
  • May 22, 2019 4:29am May 22, 2019 4:29am
"though this should go furthed down but 1.2665 is one good stop level where limit up for down is far away at 1.2865 and may bounce enough before bear continuation. Limit up now 1.2696, breaks may lead riskless 2.2782 to 2830 may be ok too. I think ok to spike top 2812. " Just quote from other place worte.
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #477,934
  • May 22, 2019 4:31am May 22, 2019 4:31am
The demand already break. Just wait price consolidate broken support here for resume the down moves or reverse up

Remember Market never wrong
  • #477,935
  • May 22, 2019 4:32am May 22, 2019 4:32am
Quoting Robst3r
{quote} See?? He thinks we can go long.. maybe goes all in and price will drop another 300 pips?
not sure what you mean by this, I have been short for majority 2 weeks and right now stops at BE
life is a reflection of what we allow ourselves to see
  • #477,936
  • May 22, 2019 5:16am May 22, 2019 5:16am
Quoting DailyChart
The demand already break. Just wait price consolidate broken support here for resume the down moves or reverse up Remember Market never wrong
Minimum Daily Close for confirmation
  • #477,937
  • May 22, 2019 5:18am May 22, 2019 5:18am
Quoting DailyChart
{quote} Minimum Daily Close for confirmation
Please change your picture it scares me!!!! You know I'm only 5 3/4 years old!
Don't trade what you think. Just what you see!!!
  • #477,938
  • May 22, 2019 5:22am May 22, 2019 5:22am
Quoting Theoak
{quote} Please change your picture it scares me!!!! You know I'm only 5 3/4 years old!
No worries..ice cream for u
  • #477,939
  • May 22, 2019 5:31am May 22, 2019 5:31am
Get ready , the spike ison the stove , and getting hot
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2019-05-22 13.30.05_1.jpg Size: 123 KB
yes yes yes
  • #477,940
  • May 22, 2019 5:35am May 22, 2019 5:35am
Quoting DailyChart
{quote} No worries..ice cream for u
Here the sweet ice cream for you,probably this setup will fail also but you can try it as very worth the risk reward
For DollarCanada

IF 1.3377 support hold and hourly test and close above 1.3380 go for long and hold until 1.3521
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