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Cable Update (GBPUSD)

  • #509,421
  • Jan 22, 2020 8:09am Jan 22, 2020 8:09am
Not a single bearish divergence since m15...can't try any shorts

And euro at the lows...want to bounce. It could be ugly
COT: The precious data ignored
  • #509,422
  • Jan 22, 2020 8:10am Jan 22, 2020 8:10am
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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yes yes yes
  • #509,423
  • Jan 22, 2020 8:10am Jan 22, 2020 8:10am
I’ll short around 31700-31800
Extreme gut feeling trader
  • #509,424
  • Jan 22, 2020 8:14am Jan 22, 2020 8:14am
what a push !!

Flying
Intraday only.
  • #509,425
  • Jan 22, 2020 8:15am Jan 22, 2020 8:15am
the shorts have been killed today. lol
Intraday only.
  • #509,426
  • Jan 22, 2020 8:19am Jan 22, 2020 8:19am
31460 last price for bear hopes. Probably too many holding shorts from up high!!!!
Keep the Lights on then you can catch the rise from the dark.
  • #509,427
  • Jan 22, 2020 8:20am Jan 22, 2020 8:20am
we might get a correction as long we are below 1.3180

but any correction will be good chance to go long again

the direction still up

any strong drop buy the dip until 1.33xx area
  • #509,428
  • Jan 22, 2020 8:23am Jan 22, 2020 8:23am
ADR 10 day average is 78 pips. Today 118 pips. Breakout day.
Intraday only.
  • #509,429
  • Jan 22, 2020 8:25am Jan 22, 2020 8:25am
Overall smart money is short, big bounces should be sold into, with the right control of your capital

Good luck to both bears and bulls
COT: The precious data ignored
  • #509,430
  • Jan 22, 2020 8:26am Jan 22, 2020 8:26am
Quoting Moty
{image}{image}
Moty, you and as well as me, trying to counter.... the particular day trend, problem.

The price has to react near pivot.
Intraday only.
  • #509,431
  • Jan 22, 2020 8:33am Jan 22, 2020 8:33am
bears are in lets see how deep it ill go
  • #509,432
  • Jan 22, 2020 8:34am Jan 22, 2020 8:34am
Quoting knkie
{quote} powerful pound ! SL to +13 just letting it ride now....lets see where it ends
trailed stop exit 14 pips

m just swinging M1 & M5 today.
Very strong push as Navk pointed out
in wondering about yourself, you forgot what you came here to be part of
  • #509,433
  • Jan 22, 2020 8:37am Jan 22, 2020 8:37am
Closed Longs. Now short till 13118.
The Market can Remain Irrational Longer than You can Remain Liquid
  • #509,434
  • Jan 22, 2020 8:38am Jan 22, 2020 8:38am
Quoting navk
{quote} Moty, you and as well as me, trying to counter.... the particular day trend, problem. The price has to react near pivot.
the drop is coming
Attached Image (click to enlarge)
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yes yes yes
  • #509,435
  • Jan 22, 2020 8:59am Jan 22, 2020 8:59am
Quoting Moty
{quote} the drop is coming {image}
yes, around 3100 first, but then remember, tomorrow the pivot will be above daily open price. so, the price will test R1 and then only drop.
Intraday only.
  • #509,436
  • Jan 22, 2020 8:59am Jan 22, 2020 8:59am
If the green zone holds possible another push-up... I love the expression "stop hunting".
Attached Image (click to enlarge)
Click to Enlarge Name: GU.01.22.30M.c.png Size: 97 KB
Always trade your own plan...I don't provide trading signals.
  • #509,437
  • Jan 22, 2020 9:07am Jan 22, 2020 9:07am
still swinging M1:

Long 3135
7 pip SL
24 pip target
in wondering about yourself, you forgot what you came here to be part of
  • #509,438
  • Edited 9:25am Jan 22, 2020 9:07am | Edited 9:25am
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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yes yes yes
  • #509,439
  • Jan 22, 2020 10:03am Jan 22, 2020 10:03am
Quoting knkie
still swinging M1: Long 3135 7 pip SL 24 pip target
exit BE

that may be it for now.
Fades below 3128 on M30

trade safe !
in wondering about yourself, you forgot what you came here to be part of
  • #509,440
  • Jan 22, 2020 10:51am Jan 22, 2020 10:51am
3150 could not crack.

3050 ? May be tomorrow.
Intraday only.
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