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Cable Update (GBPUSD)

  • #479,361
  • May 30, 2019 11:07pm May 30, 2019 11:07pm
If price doesn’t close lower then 1.2580 today, I think it will be going up, think this pair needs a retracement soon.
  • #479,362
  • May 30, 2019 11:49pm May 30, 2019 11:49pm
When the bulls finally take over, it will be really aggressive.
Data + Stat + Risk/Emotions Management
  • #479,363
  • May 31, 2019 12:19am May 31, 2019 12:19am
i expect the price to test daily R1 and then fall to break 2580.

R1 is 2639.
Intraday only.
  • #479,364
  • May 31, 2019 12:39am May 31, 2019 12:39am
Quoting DailyChart
Whatever happen in the market let it happen Do not trade with any hope or fear Because if you trade with that kind of emotion then you will keep suffering in longterm Just set your trade and stop based on proper risk Price so far consolidate around daily support. It might going up from here or maybe it can keep going down ( false rejection ) Remember your next or nearby resistance area
yes trade with confidence
  • #479,365
  • May 31, 2019 12:49am May 31, 2019 12:49am
Morning all up early to try . Try to make a shed load of money in big lots the idea of if it starting to go up buy into a dip with a big lot and as soon as you have paid the broker stick you stop or pp on and let it run then the next one you put a bigger lot on with the earnings . Note I never said winnings because it's not a gamble I hope to trade it as a planed execution . It could fail but as for now I am in ok with 3 trades and one was just about bottom . Trade careful if you try this if you get it right then its big bucks and not just hundreds .
  • #479,366
  • May 31, 2019 12:51am May 31, 2019 12:51am
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_5048.PNG Size: 83 KB
a bull candle to that green line would be great
  • #479,367
  • May 31, 2019 12:53am May 31, 2019 12:53am
Today is a monthly close, I dont like these days. Might place a scalp, 2 at the most.
  • #479,368
  • May 31, 2019 12:59am May 31, 2019 12:59am
Quoting SilverBolt
Be VERY careful trading in the next day or two. End of the month corrections and cable on long term vital support. In prior years cable can move from here 300-500 pips in a blink of an eye! ATR range is a tight as it gets something is going to blow at any moment.
Hi, I have read another trader mention this. Could you please give detail of the pair and timestamp of this occurrence? I’m very interested in this and want to investigate!!!
Don't trade what you think. Just what you see!!!
  • #479,369
  • May 31, 2019 1:00am May 31, 2019 1:00am
morning
everyone seems to think price will go up...
so im porbably on the wrong side with this.
SELL 2611
in wondering about yourself, you forgot what you came here to be part of
  • #479,370
  • May 31, 2019 1:06am May 31, 2019 1:06am
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_5050.PNG Size: 86 KB
need to watch the block on the left . It might just continue the pattern that we see . So we note that
  • #479,371
  • May 31, 2019 1:08am May 31, 2019 1:08am
Although I did not trade yesterday because I stopped out in the margin call, I will donate my share.
Again the daily battle with the 21 h & l band.
Yesterday the beats won
But today , 2 things are working for the bulls.
Last weekly low supporting at 1.26042 , and price start the day above daily pivot and weekly pivot
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2019-05-31 09.05.22_1.jpg Size: 102 KB
yes yes yes
  • #479,372
  • May 31, 2019 1:19am May 31, 2019 1:19am
Quoting knkie
morning everyone seems to think price will go up... so im porbably on the wrong side with this. SELL 2611
You made my trade turbo yesterday you know (Dank u). I’d half my position - as possible bounce. I saw your post. This gave me confidence in the trade- put full lot on again. Went straight through the resistance. Then I knew we had a chance of idea of yesterday 1.2586. It went slightly through. Closed trade got the bounce. Then tried to show off (my weakness). Lost 10 pips, but then made 3.5 pips later.

IN SYNC - SHORTED
Don't trade what you think. Just what you see!!!
  • #479,373
  • May 31, 2019 1:19am May 31, 2019 1:19am
https://m.youtube.com/watch?v=5eGgrgW0FaA
  • #479,374
  • May 31, 2019 1:23am May 31, 2019 1:23am
Quoting Theoak
{quote} You made my trade turbo yesterday you know (Dank u). I’d half my position - as possible bounce. I saw your post. This gave me confidence in the trade- put full lot on again. Went straight through the resistance. Then I knew we had a chance of idea of yesterday 1.2586. It went slightly through. Closed trade got the bounce. Then tried to show off (my weakness). Lost 10 pips, but then made 3.5 pips later. IN SYNC - SHORTED
thats awesome thanx for saying that...
the drop was beautiful yesterday
in wondering about yourself, you forgot what you came here to be part of
  • #479,375
  • May 31, 2019 1:35am May 31, 2019 1:35am
Quoting knkie
{quote} thats awesome thanx for saying that... the drop was beautiful yesterday
Well still trying my half lot – still not sure about it. What do you think? I’d value your opinion.

Anyway, seen the move. My target is about 1.2588…… Dank u
Don't trade what you think. Just what you see!!!
  • #479,376
  • May 31, 2019 1:39am May 31, 2019 1:39am
Out 2win 1be Sherlock could be right . Restarting the plan see how it goes .should of hedged
  • #479,377
  • May 31, 2019 1:43am May 31, 2019 1:43am
Quoting Theoak
{quote} Well still trying my half lot – still not sure about it. What do you think? I’d value your opinion. Anyway, seen the move. My target is about 1.2588…… Dank u
had my stop too tight
+5

gonna reenter on M1

i think H4 pressure is still down but there are alot of longs out there now
crazy pin bars on M30 too

follow your own method cause you are good at it ....
in wondering about yourself, you forgot what you came here to be part of
  • #479,378
  • May 31, 2019 1:49am May 31, 2019 1:49am
Few things to take into consideration today. First it is a monthly close, spikes might form. Second hourly formed almost perfect downtrend led by the EMAs, but as it is a small tf it can easily break. H4 is pretty much the same. Weekly on the other hand has been ranging 26-33 for a year. It is on the floor again, is it gonna break?!?!?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Daily.png Size: 16 KB
Click to Enlarge Name: weekly.png Size: 20 KB
  • #479,379
  • May 31, 2019 1:55am May 31, 2019 1:55am
SELL
1.2607
target 1.2588 (18 pips there abouts)
in wondering about yourself, you forgot what you came here to be part of
  • #479,380
  • May 31, 2019 2:03am May 31, 2019 2:03am
Quoting knkie
SELL 1.2607 target 1.2588 (18 pips there abouts)
giveth and tketh away lol
-5

this might be the turn other traders saw coming
in wondering about yourself, you forgot what you came here to be part of
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