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Cable Update (GBPUSD)

  • #518,561
  • May 1, 2020 5:51am May 1, 2020 5:51am
Long 2520 sl 2470 tp 2570
  • #518,562
  • May 1, 2020 5:51am May 1, 2020 5:51am
Quoting ozalid
Probably today the price will drop to 1.2420. Then I close my sales before the weekend
ozalid, Impossible is nothing...but you expect for today a drop of 175 pips from the closing price...maybe too much just maybe...I got it.
Attached Image (click to enlarge)
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Always trade your own plan...I don't provide trading signals.
  • #518,563
  • May 1, 2020 5:53am May 1, 2020 5:53am
Too much momentum for me. I’ve got short from 250 to 170. Small TP.
  • #518,564
  • May 1, 2020 5:55am May 1, 2020 5:55am
watch 2537
  • #518,565
  • May 1, 2020 5:55am May 1, 2020 5:55am
Quoting joesherwood
Too much momentum for me. I’ve got short from 250 to 170. Small TP.
still gonna hold shorts for 2515 will do me for the day
  • #518,566
  • May 1, 2020 6:09am May 1, 2020 6:09am
Attached Image (click to enlarge)
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Resistance become support fibo 61.8.
  • #518,567
  • May 1, 2020 6:11am May 1, 2020 6:11am
not sure here with the hedge ,,,stick to 37 for make your mind up time 2528 short added lets mix it up
  • #518,568
  • May 1, 2020 6:14am May 1, 2020 6:14am
Something like this
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  • #518,569
  • May 1, 2020 6:16am May 1, 2020 6:16am
shorts off added long 37 target 2550 mixed here 2550 is 61.8 fib but its pulled back to 50% at this time so any cross over on 1 min back its shorting again ,,,
  • #518,570
  • May 1, 2020 6:19am May 1, 2020 6:19am
Quoting navk
{quote} I expect close to 2510. Frankfurt has to open and 2550 should fail for that. {image}

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Intraday only.
  • #518,571
  • May 1, 2020 6:20am May 1, 2020 6:20am
Quoting Coreg2004
{quote} ozalid, Impossible is nothing...but you expect for today a drop of 175 pips from the closing price...maybe too much just maybe...I got it. {image}
I also took into account the correction you drew and which the bulls are thinking right now. In my opinion, this correction is already ending or it will reach a maximum of 1.2563
  • #518,572
  • May 1, 2020 6:25am May 1, 2020 6:25am
Quoting okanemici
{quote} Closed my long at 1.2620 and now short cable dude !!! Will try 1.2750 again soon...
Closed my short around 1.2535 and long now for 1.2580 1.2610 area with 20 pips stop. This should end up in 1.2750 next week I guess.
  • #518,573
  • May 1, 2020 6:25am May 1, 2020 6:25am
Quoting elbert3
shorts off added long 37 target 2550
Yeah I had two positions with TP @ 2550 but closed early, happy with result...
Don't Leave Money on the Table
  • #518,574
  • May 1, 2020 6:28am May 1, 2020 6:28am
Quoting ozalid
{quote} I also took into account the correction you drew and which the bulls are thinking right now. In my opinion, this correction is already ending or it will reach a maximum of 1.2563
The same school...
Always trade your own plan...I don't provide trading signals.
  • #518,575
  • May 1, 2020 6:32am May 1, 2020 6:32am
Quoting HaLBot
{quote} Yeah I had two positions with TP @ 2550 but closed early, happy with result...
well done mate ,, you need eyes everywhere i just jumped in short when i fibed the move watch the bottom now if it goes 2494
  • #518,576
  • May 1, 2020 6:33am May 1, 2020 6:33am
Quoting joesherwood
{quote} still gonna hold shorts for 2515 will do me for the day
closed all at 170. What did I say. Patience pays. Glad I stayed confident with my shorts.
  • #518,577
  • May 1, 2020 6:36am May 1, 2020 6:36am
im done for the week, nice job all, roller coaster of a week but stayed green, good luck this afternoon, look out for covid conference and upcoming usd news.

nearly 20% gains this week, absolutely crazy.

stay safe

Joe
Attached Image
  • #518,578
  • May 1, 2020 6:38am May 1, 2020 6:38am
Quoting Coreg2004
{quote} The same school...
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not out of the woods yet
  • #518,579
  • May 1, 2020 6:47am May 1, 2020 6:47am
Quoting joesherwood
im done for the week, nice job all, roller coaster of a week but stayed green, good luck this afternoon, look out for covid conference and upcoming usd news. nearly 20% gains this week, absolutely crazy. stay safe Joe {image}
Cheers Bro, great stuff, enjoy your weekend
Don't Leave Money on the Table
  • #518,580
  • May 1, 2020 6:58am May 1, 2020 6:58am
Quoting elbert3
{quote} {image} not out of the woods yet
yeap, as long as green zone holds setup is valid...
Attached Image (click to enlarge)
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Always trade your own plan...I don't provide trading signals.
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