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Cable Update (GBPUSD)

  • #519,721
  • May 11, 2020 10:24am May 11, 2020 10:24am
Quoting navk
And be ready for a bullish daily candle tomorrow. In asia, price can fall to find hourly support. Frankfurt, London will fly.
If your analysis are correct and we see 1.2600 this week - I'm buying you a bottle of your favorite alcohol. We can share it with Moty.
Patience and Discipline.
  • #519,722
  • May 11, 2020 10:27am May 11, 2020 10:27am
Attached Image (click to enlarge)
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yes yes yes
  • #519,723
  • May 11, 2020 10:31am May 11, 2020 10:31am
Quoting Stefan90csk
{quote} If your analysis are correct and we see 1.2600 this week - I'm buying you a bottle of your favorite alcohol. We can share it with Moty.
IMO, we may have found weekl low already.

Let us see the daily close.
Intraday only.
  • #519,724
  • May 11, 2020 10:32am May 11, 2020 10:32am
There is a buyer at 1.23 ish
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #519,725
  • May 11, 2020 10:34am May 11, 2020 10:34am
Quoting joesherwood
I don’t like posting profits. I’d much rather say up so much % or pips, just as I don’t like to discourage newcomers or if someone else has a bad day you get me. But today was green. I struggled to trade this morning, had a quite a bad weekend so wasn’t really motivated. Traded this past hour and an happy with results. Will try and get in the right mindset tomorrow. Well done to all. Great work. stay safe {image}
YEH BWOI - that's doin' it
Focus.
  • #519,726
  • May 11, 2020 10:38am May 11, 2020 10:38am
Quoting Marco-Kanto
{quote} YEH BWOI - that's doin' it
thanks bro, saw you caught some really nice pips earlier, good work! was ill last week and hit me again on the weekend, so last thing I wanted to today was just to get our bed and jump on charts for a couple hours lol, feel a lot better though and still made green which is good.

see what tomorrow brings
  • #519,727
  • May 11, 2020 10:41am May 11, 2020 10:41am
Quoting ozalid
{quote} They wanted to get there so badly. But the ball is on the bear's side again {image}

Three white soldiers on M5, Bearish engulfers on M15 and M30, RSI at 41 on H4 and 45 on D1. So, the stakes are against the bulls but don't rule out a kamikaze trip northwards before they accept defeat for today
  • #519,728
  • May 11, 2020 10:43am May 11, 2020 10:43am
Quoting navk
and this week target W- R2, 1.2600
my friend , i think you forgot 2 before the , 1.22600
Attached Image (click to enlarge)
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yes yes yes
  • #519,729
  • May 11, 2020 10:47am May 11, 2020 10:47am
Quoting moty
{quote} my friend , i think you forgot 2 before the , 1.22600 {image}
possible, i want to see the close today.

Probably i will be shorting this in asia.
Intraday only.
  • #519,730
  • May 11, 2020 10:48am May 11, 2020 10:48am
Quoting joesherwood
{quote} thanks bro, saw you caught some really nice pips earlier, good work! was ill last week and hit me again on the weekend, so last thing I wanted to today was just to get our bed and jump on charts for a couple hours lol, feel a lot better though and still made green which is good. see what tomorrow brings
nawwwww - cheers dude
Focus.
  • #519,731
  • May 11, 2020 10:49am May 11, 2020 10:49am
Quoting moty
{quote} my friend , i think you forgot 2 before the , 1.22600 {image}
today range is over and the lows in place already.
Intraday only.
  • #519,732
  • May 11, 2020 10:54am May 11, 2020 10:54am
Bought some at 2324, not a lot. Target 2362
Focus.
  • #519,733
  • May 11, 2020 10:59am May 11, 2020 10:59am
GU currently trading within a range. the lows of the day is in place already.

i currently look to buy or sell based on details from USD FOMC MEMBER AND CHICAGO FED SPEECH

I also await the USD 3 yr note auction
Discipline is key
  • #519,734
  • May 11, 2020 11:00am May 11, 2020 11:00am
https://www.tradingview.com/x/p0J05Keh/
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #519,735
  • May 11, 2020 11:09am May 11, 2020 11:09am
switched to long ,this 1.23200 is unbreakable
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yes yes yes
  • #519,736
  • May 11, 2020 11:09am May 11, 2020 11:09am
the battle is over i don't think the bear can drag the market any lower again
  • #519,737
  • May 11, 2020 11:16am May 11, 2020 11:16am
450 looks easily accessible, sl around 150/200? if your looking for a long

(i am not trading)
  • #519,738
  • May 11, 2020 11:20am May 11, 2020 11:20am
Attached Image (click to enlarge)
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yes yes yes
  • #519,739
  • May 11, 2020 11:21am May 11, 2020 11:21am
Quoting joesherwood
450 looks easily accessible, sl around 150/200? if your looking for a long (i am not trading)
why give a signal when you won't use it?
  • #519,740
  • May 11, 2020 11:22am May 11, 2020 11:22am
Quoting epzero
{quote} why give a signal when you won't use it?
just my view on current price, also ones in here are buying, so to give them more confidence in there analysis im saying my quick thoughts from looking at chart.

ok?
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