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Cable Update (GBPUSD)

  • #519,281
  • May 7, 2020 9:41am May 7, 2020 9:41am
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 9:45am May 7, 2020 9:45am
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 9:46am May 7, 2020 9:46am
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 9:51am May 7, 2020 9:51am
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 9:55am May 7, 2020 9:55am
MOVED TP TO 1.24608
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yes yes yes
  • #519,286
  • May 7, 2020 9:57am May 7, 2020 9:57am
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 10:13am May 7, 2020 10:13am
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 10:30am May 7, 2020 10:30am
Playing with demo account learning about scalp
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  • #519,289
  • May 7, 2020 10:46am May 7, 2020 10:46am
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 10:48am May 7, 2020 10:48am
i'm holding for a pullback
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yes yes yes
  • #519,291
  • May 7, 2020 10:49am May 7, 2020 10:49am
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 10:51am May 7, 2020 10:51am
Quoting DailyChart
{quote} No hurry sweety Wait tomorrow at London open
London doesn't open tomorrow.
WT
  • #519,293
  • May 7, 2020 10:51am May 7, 2020 10:51am
Quoting Moty
i'm holding for a pullback {image}
Its clear for long. Good luck
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  • #519,294
  • May 7, 2020 10:52am May 7, 2020 10:52am
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 10:53am May 7, 2020 10:53am
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 10:53am May 7, 2020 10:53am
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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 11:05am May 7, 2020 11:05am
I will sell it here for the second time
  • #519,298
  • May 7, 2020 11:17am May 7, 2020 11:17am
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 11:36am May 7, 2020 11:36am
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 11:43am May 7, 2020 11:43am
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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