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Cable Update (GBPUSD)

  • #517,881
  • Apr 27, 2020 5:37am Apr 27, 2020 5:37am
Quoting Moty
{image}{image}
When we can expect to be happening according to M1?
  • #517,882
  • Apr 27, 2020 5:39am Apr 27, 2020 5:39am
Quoting joesherwood
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.
Sorry, I dint understand 300 aiming for 200 .... could you explain
  • #517,883
  • Apr 27, 2020 5:40am Apr 27, 2020 5:40am
Attached Image (click to enlarge)
Click to Enlarge Name: 27.04-M5-5.png Size: 58 KB
PA Trading with EMAs & common Sense
  • #517,884
  • Apr 27, 2020 5:41am Apr 27, 2020 5:41am
Quoting RavZ
{quote} Sorry, I dint understand 300 aiming for 200 .... could you explain
24300 entry - tp 24200
  • #517,885
  • Apr 27, 2020 5:43am Apr 27, 2020 5:43am
Quoting joesherwood
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.
do you know what fuck it, gonna take the 2 x losses at 1% each, gonna comeback
  • #517,886
  • Apr 27, 2020 5:49am Apr 27, 2020 5:49am
Todays current 2453 Hi where that 50% of 2647-2245 is with 100% extension of Friday's range, along with the daily desc t/line must be first target for bulls? Breech and close above here and that 61.8% of same move is at 2493 just above the next 4hr price pivot hi from 20th April. Whatever happens it is certainly messy on the lower sub 15min t/f's overall.
Trader with an Edge.
  • #517,887
  • Apr 27, 2020 5:50am Apr 27, 2020 5:50am
The upper target should be 2489 . Then could be a pull back if this does not dt
  • #517,888
  • Apr 27, 2020 5:50am Apr 27, 2020 5:50am
This will not go down today but may start tomorrow. Look at the daily.
Lost....
  • #517,889
  • Apr 27, 2020 5:54am Apr 27, 2020 5:54am
Quoting joesherwood
{quote} do you know what fuck it, gonna take the 2 x losses at 1% each, gonna comeback
Watch for another bearish move into NY session.

We didn't climb quite high enough in Asian, but it created a nice bearish pattern to prompt some SL positions just above which will no doubt be gobbled up now
Compulsions can be hard to resist
  • #517,890
  • Apr 27, 2020 5:55am Apr 27, 2020 5:55am
Quoting joesherwood
{quote} 24300 entry - tp 24200
I am at 24150 Short...
  • #517,891
  • Apr 27, 2020 5:55am Apr 27, 2020 5:55am
Attached Image (click to enlarge)
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as the above post you can see it broke the 5 min tl and again confirming on the low side st that is its new line
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  • #517,892
  • Apr 27, 2020 5:58am Apr 27, 2020 5:58am
Attached Image (click to enlarge)
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1 hour upper line so we are looking for tl attraction. Fail over that then look to come crack to 2385 /65 area
  • #517,893
  • Apr 27, 2020 6:00am Apr 27, 2020 6:00am
Something like this . Watch dt
Attached Image (click to enlarge)
Click to Enlarge Name: 595B0118-16A5-41EC-AA34-4F0D30044F43.jpeg Size: 152 KB
  • #517,894
  • Apr 27, 2020 6:04am Apr 27, 2020 6:04am
Quoting elbert3
Something like this . Watch dt {image}

Can you elaborate more? Newbie here trading on a demo
  • #517,895
  • Apr 27, 2020 6:05am Apr 27, 2020 6:05am
Quoting ozalid
short 1.2430
additional short
all SL on 1.2465
  • #517,896
  • Apr 27, 2020 6:06am Apr 27, 2020 6:06am
Attached Image (click to enlarge)
Click to Enlarge Name: 27.04-M5-6.png Size: 57 KB
PA Trading with EMAs & common Sense
  • #517,897
  • Apr 27, 2020 6:10am Apr 27, 2020 6:10am
Quoting joesherwood
{quote} do you know what fuck it, gonna take the 2 x losses at 1% each, gonna comeback
of course it drops as soon as I take the 2% loss... anyway I went short and I’m just in profit for the day
  • #517,898
  • Apr 27, 2020 6:11am Apr 27, 2020 6:11am
Quoting elbert3
The upper target should be 2489 . Then could be a pull back if this does not dt
Short until 1.2397 then maybe possible up to 1.2485 today or tomorrow. We'll see.
Lost....
  • #517,899
  • Apr 27, 2020 6:14am Apr 27, 2020 6:14am
M5

Second RunDown

SL to BE

atb vvm
PA Trading with EMAs & common Sense
  • #517,900
  • Apr 27, 2020 6:18am Apr 27, 2020 6:18am
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