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Cable Update (GBPUSD)

  • #518,741
  • May 4, 2020 5:35am May 4, 2020 5:35am
Mmmmm could be an end here for today I would like to see it move down 50 pips and I might be looking at long back to the 2550 area but let’s see .
  • #518,742
  • May 4, 2020 5:36am May 4, 2020 5:36am
Quoting varun76
Not sure if I should go south further {image}
Nice shorts bro
  • #518,743
  • May 4, 2020 5:37am May 4, 2020 5:37am
Quoting Bartosz77
SELL 1.24309 TP 1.24060 (50% Minor) {image}
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lol strange that was my look before
  • #518,744
  • May 4, 2020 5:37am May 4, 2020 5:37am
i see long short long short.... Magic ball do your magic.
  • #518,745
  • May 4, 2020 5:38am May 4, 2020 5:38am
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yes yes yes
  • #518,746
  • May 4, 2020 5:40am May 4, 2020 5:40am
Quoting Moty
{image}
trust to your rule, it will be retrace... and it can possible to drop again
  • #518,747
  • May 4, 2020 5:40am May 4, 2020 5:40am
I can’t see a massive movement rn. Where’s the liquidity from... I’m up 0.7% today got in literally fuck all... debating to call it quits till tomorrow
  • #518,748
  • May 4, 2020 5:43am May 4, 2020 5:43am
Quoting joesherwood
I can’t see a massive movement rn. Where’s the liquidity from... I’m up 0.7% today got in literally fuck all... debating to call it quits till tomorrow
Coming back in an hour or two after New York open. Trade safe and see you in a bit all.
  • #518,749
  • May 4, 2020 5:49am May 4, 2020 5:49am
Quoting corongumet
{quote} trust to your rule, it will be retrace... and it can possible to drop again
That retrace which you mentioned will be on Wednesday and the drop will follow Thursday, Friday, Monday, Tuesday.
WT
  • #518,750
  • May 4, 2020 5:57am May 4, 2020 5:57am
Quoting Bartosz77
SELL 1.24309 TP 1.24060 (50% Minor) {image}
Attached Image (click to enlarge)
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Transaction finished.
WT
  • #518,751
  • May 4, 2020 5:59am May 4, 2020 5:59am
Quoting joesherwood
{quote} Nice shorts bro
Thanks Mate
Precise Execution!
  • #518,752
  • Edited 6:22am May 4, 2020 6:00am | Edited 6:22am
Quoting Bartosz77
{quote} {image} Transaction finished.
me too

i hope going to long.... It does not matter a little income if it is consistent

oh no i see short. and i will making sell stop at under the blue rectangle
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  • #518,753
  • May 4, 2020 6:21am May 4, 2020 6:21am
I would not be shorting at this level but it could still head lower and 2388 is next obvious level...

Just look at how many bearish 4 hour candles there has been over last couple of days!!!
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Don't Leave Money on the Table
  • #518,754
  • May 4, 2020 6:24am May 4, 2020 6:24am
#GBPUSD / Weekly & H4
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  • #518,755
  • May 4, 2020 6:27am May 4, 2020 6:27am
Buy 1.24110
tp @ 1.24666
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WT
  • #518,756
  • May 4, 2020 6:28am May 4, 2020 6:28am
Quoting HaLBot
I would not be shorting at this level but it could still head lower and 2388 is next obvious level... Just look at how many bearish 4 hour candles there has been over last couple of days!!! {image}
9 pm est candle will offer support.

Probably this level. 2404
Intraday only.
  • #518,757
  • May 4, 2020 6:33am May 4, 2020 6:33am
Quoting ozalid
We will see how the H4 candle will be created. As for me, it shows further down. I got my 1.2420 but this is not the end of sales. Waiting for reaction at 1.2400
At 1.2374 I will probably finish my sales from Friday and start shopping
  • #518,758
  • May 4, 2020 6:35am May 4, 2020 6:35am
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yes yes yes
  • #518,759
  • May 4, 2020 6:37am May 4, 2020 6:37am
the price will probably hold below 2500 today for fresh shorts tomorrow/

However if 2404 breaks then 2375/50 today
Intraday only.
  • #518,760
  • May 4, 2020 6:41am May 4, 2020 6:41am
Quoting Moty
{image}
Im with you bro...
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