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Cable Update (GBPUSD)

  • #517,861
  • Apr 27, 2020 4:02am Apr 27, 2020 4:02am
Quoting okanemici
{quote} Cut your losses if you are short, cable heading 1.27x this week. No more lows for cable below 1.22
As stated cable heading 1.2720. Shorts only from tp 1.2720
  • #517,862
  • Apr 27, 2020 4:09am Apr 27, 2020 4:09am
Have Johnson's comments altered the intraday bullish bias of this pairing - ie is this more than a pullback now ?
Trader with an Edge.
  • #517,863
  • Apr 27, 2020 4:12am Apr 27, 2020 4:12am
Looks like bulls starting to hold price around this levels...
I collected my shorts and now gonna wait and see if there are some bulls around
If price visit the lows and can not clearly break it i will try some longs...
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  • #517,864
  • Apr 27, 2020 4:17am Apr 27, 2020 4:17am
23.6% fib of the move up from friday's lo - today's current hi at the current pullback lo. Bulls are trying.
Trader with an Edge.
  • #517,865
  • Apr 27, 2020 4:20am Apr 27, 2020 4:20am
as i see the h1 chart cable will go to 1.2237

we need the proffessional trader to advice
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  • #517,866
  • Apr 27, 2020 4:22am Apr 27, 2020 4:22am
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yes yes yes
  • #517,867
  • Apr 27, 2020 4:25am Apr 27, 2020 4:25am
this is the update 1.2212
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  • #517,868
  • Apr 27, 2020 4:25am Apr 27, 2020 4:25am
Quoting joesherwood
{quote} gone in aim for 200 x2
closed 1 +8, then opened another at 290 - still 2 shorts running - aimng for 200
  • #517,869
  • Edited 5:17am Apr 27, 2020 4:27am | Edited 5:17am
Quoting okanemici
{quote} As stated cable heading 1.2720. Shorts only from tp 1.2720
That's 300 pips away and cable just hit it's head on 2450 daily resistance.

Don't count those 2720 chickens yet.
Compulsions can be hard to resist
  • #517,870
  • Apr 27, 2020 4:28am Apr 27, 2020 4:28am
Quoting trumps
looks like it wants to climb to 2450 {image}
Reaction off daily resistance point
Compulsions can be hard to resist
  • #517,871
  • Apr 27, 2020 4:31am Apr 27, 2020 4:31am
5min channel breeched twice now - to upside....bulls trying still. 5min chart below.
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Trader with an Edge.
  • #517,872
  • Apr 27, 2020 4:45am Apr 27, 2020 4:45am
Channel blowout looks good, let this run for a week or 2 would be nice, should be some retail pull backs though so should be more exciting than the end of last week
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  • #517,873
  • Apr 27, 2020 4:56am Apr 27, 2020 4:56am
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  • #517,874
  • Apr 27, 2020 5:02am Apr 27, 2020 5:02am
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  • #517,875
  • Apr 27, 2020 5:06am Apr 27, 2020 5:06am
short 1.2430
  • #517,876
  • Apr 27, 2020 5:15am Apr 27, 2020 5:15am
Late Asia stop hunting (including mine)

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Gone to a better place
  • #517,877
  • Apr 27, 2020 5:23am Apr 27, 2020 5:23am
Quoting Moty
{image}{image}
whats ur SL?
  • #517,878
  • Apr 27, 2020 5:25am Apr 27, 2020 5:25am
Attached Image (click to enlarge)
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yes yes yes
  • #517,879
  • Apr 27, 2020 5:26am Apr 27, 2020 5:26am
Interesting week ahead to see to what extent this current 'risk on' mood that has benefited gbp lately will be affected by ongoing economics affected by covid-19, corporate earnings, fed and ecb ?? Trade what we see I guess.
Trader with an Edge.
  • #517,880
  • Apr 27, 2020 5:36am Apr 27, 2020 5:36am
up 28 pips for the morning - still in two shorts at 300 aiming for 200, which are in red atm, will let these run, im not getting in anything else till these close, have a rule of 2 open positions at a time max so I don't overtrade.
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