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Cable Update (GBPUSD)

  • #518,341
  • Apr 30, 2020 7:01am Apr 30, 2020 7:01am
Quoting Moty
{quote} {image}
The daily sell target (shrugg)
  • #518,342
  • Apr 30, 2020 7:08am Apr 30, 2020 7:08am
Sold @ 1.2506

sl 1.2536 (30pip)

tp: about 60~120 pips

good luck
  • #518,343
  • Apr 30, 2020 7:08am Apr 30, 2020 7:08am
No trading for me today. Closing the markets down. Will be on the forum throughout the day.. will be placing trades tomorrow morning
  • #518,344
  • Apr 30, 2020 7:11am Apr 30, 2020 7:11am
Quoting seincard
Sold @ 1.2506 sl 1.2536 (30pip) tp: about 60~120 pips good luck
Buying at 1.2506 TP stop loss 1.2233. Profit about 600-1200o pips above good luck too
  • #518,345
  • Apr 30, 2020 7:17am Apr 30, 2020 7:17am
Quoting mkvy
{quote} Buying at 1.2506 TP stop loss 1.2233. Profit about 600-1200o pips above good luck too
Patience and Discipline.
  • #518,346
  • Apr 30, 2020 7:18am Apr 30, 2020 7:18am
Most of the experienced people in here seem to be selling or looking to sell I'm starting to feel lonely , still being long


By the way, I have been long for more than 24 hours now, is this too much? Most of you seem to be trading in and out all day, I wonder if more pips this way, but I don't feel comfortable taking many trades a day.

I think it's not done rising and it's just taking a breather at 1.2500, eventually to go above 1.2600 and maybe more, so I'm staying long and sitting on my hands
  • #518,347
  • Apr 30, 2020 7:26am Apr 30, 2020 7:26am
Quoting mkvy
{quote} Buying at 1.2506 TP stop loss 1.2233. Profit about 600-1200o pips above good luck too
That's doin' it
Focus.
  • #518,348
  • Apr 30, 2020 7:28am Apr 30, 2020 7:28am
Quoting Stefan90csk
{quote}
A move in the making
  • #518,349
  • Apr 30, 2020 7:34am Apr 30, 2020 7:34am
Quoting mkvy
{quote} Buying at 1.2506 TP stop loss 1.2233. Profit about 600-1200o pips above good luck too
so just wait ...
  • #518,350
  • Apr 30, 2020 7:37am Apr 30, 2020 7:37am
Quoting mkvy
{quote} Buying at 1.2506 TP stop loss 1.2233. Profit about 600-1200o pips above good luck too
Just wear some titanium underpants.
Gone to a better place
  • #518,351
  • Apr 30, 2020 7:42am Apr 30, 2020 7:42am
Quoting smikester
{quote} Just wear some titanium underpants.
I love it when the price gos down and im buying
  • #518,352
  • Apr 30, 2020 7:48am Apr 30, 2020 7:48am
there are scalpers, day traders, weekly traders, and finally position holding traders.

The position holding traders and weekly traders confuse day traders or scalpers.

I would say the day traders get confused by their posts unless they write they want to hold for week or month. But they will not.

So beware guys.
Intraday only.
  • #518,353
  • Apr 30, 2020 7:51am Apr 30, 2020 7:51am
Quoting navk
there are scalpers, day traders, weekly traders, and finally position holding traders. The position holding traders and weekly traders confuse day traders or scalpers. I would say the day traders get confused by their posts unless they write they want to hold for week or month. But they will not. So beware guys.

^^^

exactly why i always put "im only looking at very short term" when i post analysis , or my 5-10 pip tp

good words bud
  • #518,354
  • Apr 30, 2020 7:54am Apr 30, 2020 7:54am
Quoting smikester
{quote} Just wear some titanium underpants.

LOL....Titanium underpants,I need those sometimes
Don't Leave Money on the Table
  • #518,355
  • Apr 30, 2020 8:04am Apr 30, 2020 8:04am
i'm h&s hunter
the drop is coming
Attached Image (click to enlarge)
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yes yes yes
  • #518,356
  • Apr 30, 2020 8:07am Apr 30, 2020 8:07am
cable is going to be v interesting to watch, longer term you would expect it to drop again after testing this weeks high, however it is entirely possible, for it to push through to 1.26 similar to February, on short time frames you would notice how much power the bulls have had but price is stuck rn between 1.25 and 1.2515 once it break this area and shows some confirmation and have a settlement of where i think its heading.

stay safe
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  • #518,357
  • Apr 30, 2020 8:07am Apr 30, 2020 8:07am
The Armageddon of May... 140 pips added to the opening price of May minus minimum of 500 pips is the low projection for May which points at 1.21xx
Data + Stat + Risk/Emotions Management
  • #518,358
  • Apr 30, 2020 8:08am Apr 30, 2020 8:08am
also look out for covid conferences this afternoon and all usd news!!
  • #518,359
  • Apr 30, 2020 8:10am Apr 30, 2020 8:10am
Quoting joesherwood
cable is going to be v interesting to watch, longer term you would expect it to drop again after testing this weeks high, however it is entirely possible, for it to push through to 1.26 similar to February, on short time frames you would notice how much power the bulls have had but price is stuck rn between 1.25 and 1.2515 once it break this area and shows some confirmation and have a settlement of where i think its heading. stay safe {image} {image}
just like that down 30 pips - broken through S AND R
  • #518,360
  • Apr 30, 2020 8:11am Apr 30, 2020 8:11am
Quoting Georginson
The Armageddon of May... 140 pips added to the opening price of May minus minimum of 500 pips is the low projection for May which points at 1.21xx
What do you mean by this?
Lost....
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