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Cable Update (GBPUSD)

  • #519,281
  • May 7, 2020 11:41am May 7, 2020 11:41am
gonna attempt to trade more tomorrow morning but with smaller lots as it being bank holiday, and just try and get into a load of small movement trades, trade safe all and ofc stay safe, catch you tomorrow
  • #519,282
  • May 7, 2020 11:45am May 7, 2020 11:45am
wow , what a day !!!

50 pips from 1.23500 to 1.24000.
then 100 pips from 1.24000 to 1.23000.
then another 65 pips from 1.23000 to 1.23650 .
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yes yes yes
  • #519,283
  • May 7, 2020 11:46am May 7, 2020 11:46am
That's the spirit.

KP

Quoting Coreg2004
{quote} Keen, same to you. We can only help each other to shorten the learning curve, the rest is up to us.
Do your homework, follow the footprints of smart money
  • #519,284
  • May 7, 2020 11:51am May 7, 2020 11:51am
Quoting Moty
wow , what a day !!! 50 pips from 1.23500 to 1.24000. then 100 pips from 1.24000 to 1.23000. then another 65 pips from 1.23000 to 1.23650 . {image} {image} {image}
I made my mistake for closing my shorts from 1.24 too early and never thought it could go down so much to 1.227x. What a crazy bounce on 1.227 and missed my train back to the top. But its okay, everyday is a new day for new opportunities.
  • #519,285
  • May 7, 2020 11:55am May 7, 2020 11:55am
MOVED TP TO 1.24608
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yes yes yes
  • #519,286
  • May 7, 2020 11:57am May 7, 2020 11:57am
Congrats mate!

Stay well, trade well.

KP

Quoting Moty
wow , what a day !!! 50 pips from 1.23500 to 1.24000. then 100 pips from 1.24000 to 1.23000. then another 65 pips from 1.23000 to 1.23650 . {image} {image} {image}
Do your homework, follow the footprints of smart money
  • #519,287
  • May 7, 2020 12:13pm May 7, 2020 12:13pm
I’m out of that move now, strong h4 pin bar, no hedging, waiting for a move up above1.2460,
although I may wait to Monday due to NFP. Although I bet the data will be really bad, who knows how that will move the $
  • #519,288
  • May 7, 2020 12:30pm May 7, 2020 12:30pm
Playing with demo account learning about scalp
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  • #519,289
  • May 7, 2020 12:46pm May 7, 2020 12:46pm
Quoting Georginson
{quote} Here we are at 1.2260 since 1.24 failed to hold during London open... Now we should find a strong support here and head back to 1.2550 in few days. Stay safe and trade profitably
Great analysis bro.
You have my attention
  • #519,290
  • May 7, 2020 12:48pm May 7, 2020 12:48pm
i'm holding for a pullback
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yes yes yes
  • #519,291
  • May 7, 2020 12:49pm May 7, 2020 12:49pm
Quoting Moty
wow , what a day !!! 50 pips from 1.23500 to 1.24000. then 100 pips from 1.24000 to 1.23000. then another 65 pips from 1.23000 to 1.23650 . {image} {image} {image}
Indeed.
  • #519,292
  • May 7, 2020 12:51pm May 7, 2020 12:51pm
Quoting DailyChart
{quote} No hurry sweety Wait tomorrow at London open
London doesn't open tomorrow.
WT
  • #519,293
  • May 7, 2020 12:51pm May 7, 2020 12:51pm
Quoting Moty
i'm holding for a pullback {image}
Its clear for long. Good luck
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  • #519,294
  • May 7, 2020 12:52pm May 7, 2020 12:52pm
Quoting svirgo
{quote} Great analysis bro. You have my attention
Thanks for the attention. Cheers
Data + Stat + Risk/Emotions Management
  • #519,295
  • May 7, 2020 12:53pm May 7, 2020 12:53pm
Quoting Bartosz77
{quote} London doesn't open tomorrow.

i have noticed that if the London Stock Exchange does not open, it does not necessarily mean that Volium will be damaged, but if the New York Stock Exchange does not open, it is more critical
yes yes yes
  • #519,296
  • May 7, 2020 12:53pm May 7, 2020 12:53pm
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it told us it can break the 4 hour tl with aggression let see if it’s still aggressive
  • #519,297
  • May 7, 2020 1:05pm May 7, 2020 1:05pm
I will sell it here for the second time
  • #519,298
  • May 7, 2020 1:17pm May 7, 2020 1:17pm
Quoting ozalid
I will sell it here for the second time
don't fall in love with your position
i'm also PLANING short for 15-20 pips
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yes yes yes
  • #519,299
  • May 7, 2020 1:36pm May 7, 2020 1:36pm
Quoting Moty
{quote} don't fall in love with your position i'm also PLANING short for 15-20 pips {image} {image}
Maybe I will fall in love with this position if a large drop will be made of the day candle
  • #519,300
  • May 7, 2020 1:43pm May 7, 2020 1:43pm
I will also hedge my buys with a sell for a goodnight sleep.

Take care guys, see you tomorrow.
Patience and Discipline.
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