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Cable Update (GBPUSD)

  • #519,361
  • May 8, 2020 3:18am May 8, 2020 3:18am
just looking more at trading view since 230am we have been in a descending channel, as well as no one is buying the pound now, its just doing its own thing, switching my bias from buy to sells rn

any other thoughts?

im talking about what the chart will do in the next couple hours not Monday.
  • #519,362
  • May 8, 2020 3:22am May 8, 2020 3:22am
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  • #519,363
  • May 8, 2020 3:25am May 8, 2020 3:25am
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yes yes yes
  • #519,364
  • May 8, 2020 3:33am May 8, 2020 3:33am
Quoting joesherwood
just looking more at trading view since 230am we have been in a descending channel, as well as no one is buying the pound now, its just doing its own thing, switching my bias from buy to sells rn any other thoughts? im talking about what the chart will do in the next couple hours not Monday.
I think it'll touch the DH before NFP. But thinking is overrated.
Focus.
  • #519,365
  • May 8, 2020 3:35am May 8, 2020 3:35am
Quoting Moty
{image}{image}
hi moty good morning i have been following ur analyses... they are really spot on...
thanks so much
  • #519,366
  • May 8, 2020 3:41am May 8, 2020 3:41am
Quoting joesherwood
just looking more at trading view since 230am we have been in a descending channel, as well as no one is buying the pound now, its just doing its own thing, switching my bias from buy to sells rn any other thoughts? im talking about what the chart will do in the next couple hours not Monday.
Can't see this doing much at all today Joe with UK bank holiday. Range of 10 pips in last two hours and volume is half normal daily average. Day off today. Rgds, Angus
  • #519,367
  • May 8, 2020 3:47am May 8, 2020 3:47am
Quoting adc
{quote} Can't see this doing much at all today Joe with UK bank holiday. Range of 10 pips in last two hours and volume is half normal daily average. Day off today. Rgds, Angus
yeah very fair point - up 36 pips but im literally having 2/3 pip tp at a time, only going long so far.. have a good day bud.

thanks

Joe
  • #519,368
  • May 8, 2020 3:50am May 8, 2020 3:50am
Quoting joesherwood
{quote} yeah very fair point - up 36 pips but im literally having 2/3 pip tp at a time, only going long so far.. have a good day bud. thanks Joe
That's great dude - well done. I'm holding a small long from earlier but can't put in any screen time today.
Focus.
  • #519,369
  • May 8, 2020 3:51am May 8, 2020 3:51am
im very close to getting a buy signal, ideally it would break 1.2407 for perfection
  • #519,370
  • May 8, 2020 3:54am May 8, 2020 3:54am
showing more signs for longs for me imo
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  • #519,371
  • May 8, 2020 3:59am May 8, 2020 3:59am
Quoting joesherwood
showing more signs for longs for me imo {image}
Do you trade through TradingView? If you do, how is it?
Focus.
  • #519,372
  • May 8, 2020 4:00am May 8, 2020 4:00am
Quoting Marco-Kanto
{quote} Do you trade through TradingView? If you do, how is it?
no mate through MT, I just do all my alerts and analysis through trading view just a lot smoother and simpler
  • #519,373
  • May 8, 2020 4:02am May 8, 2020 4:02am
i got a buy signal but i need a confirmation candle in one hour
  • #519,374
  • May 8, 2020 4:05am May 8, 2020 4:05am
Quoting joesherwood
{quote} no mate through MT, I just do all my alerts and analysis through trading view just a lot smoother and simpler
Yeh completely agree. Looks like you're an Apple user too - MT is DISGUSTING to look at on a nice shiny Mac
Focus.
  • #519,375
  • May 8, 2020 4:05am May 8, 2020 4:05am
Quoting Moty
{quote} you can trade it like this . here what happened last mouth {image}
Many thanks, very clear and much appreciated.
Gone to a better place
  • #519,376
  • May 8, 2020 4:14am May 8, 2020 4:14am
Quoting joesherwood
just announced - queen speech to address the nation at 9pm tonight
What is the probability, at 94, that she will step down?
If she does, this will crash this pair.
If it's something else, the party does on.
Lost....
  • #519,377
  • May 8, 2020 4:16am May 8, 2020 4:16am
Quoting ongtrumvn99
{quote} ADD SHORT 1.2404
closed all 1.2390
SCALP WIN
  • #519,378
  • May 8, 2020 4:17am May 8, 2020 4:17am
Quoting gespiri
{quote} What is the probability, at 94, that she will step down? If she does, this will crash this pair. If it's something else, the party does on.
Just about VE day
  • #519,379
  • May 8, 2020 4:22am May 8, 2020 4:22am
Quoting gespiri
{quote} What is the probability, at 94, that she will step down? If she does, this will crash this pair. If it's something else, the party does on.
naa won't be anything serious like that. we would of heard something by now if it was, probably a statement of some sort.
  • #519,380
  • May 8, 2020 4:24am May 8, 2020 4:24am
once price hit 23950 ill be done for the day - come on cable
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