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Cable Update (GBPUSD)

  • #519,781
  • May 12, 2020 12:56am May 12, 2020 12:56am
1.2350 will break in London as usual.
Intraday only.
  • #519,782
  • May 12, 2020 1:01am May 12, 2020 1:01am
Quoting Moty
entered short with a small amount. and will add with new hourly low . will trail this sell stop to the next hourly low until it will filled {image}
Too early for shorts. Markit moving back a little higher
Keep the Lights on then you can catch the rise from the dark.
  • #519,783
  • May 12, 2020 1:01am May 12, 2020 1:01am
A dip to 1.23010 possible before going back up.
Patience and Discipline.
  • #519,784
  • May 12, 2020 1:03am May 12, 2020 1:03am
Quoting navk
1.2350 and then 1.2419 today
Friday's HIGH is the rough midpoint DR1/2 today. You never know.
Focus.
  • #519,785
  • May 12, 2020 1:04am May 12, 2020 1:04am
A retest of Asia low of 1.2280 likely before final surge to 1.24 in hours ahead.
Data + Stat + Risk/Emotions Management
  • #519,786
  • May 12, 2020 1:06am May 12, 2020 1:06am
i want to see london open when the level 2342/50 to break.

IMO, retest is already done 2282.
Intraday only.
  • #519,787
  • May 12, 2020 1:12am May 12, 2020 1:12am
Off topic - regarding the question I asked about the badge, here is some info about other guys wondering how to get a badge.

https://www.forexfactory.com/usergui...ranking_system
Patience and Discipline.
  • #519,788
  • May 12, 2020 1:19am May 12, 2020 1:19am
sell stop order filled
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gud1.png Size: 50 KB
Click to Enlarge Name: guh1.png Size: 44 KB
yes yes yes
  • #519,789
  • May 12, 2020 1:26am May 12, 2020 1:26am
this sell madness ends today, buyers have waited way too long for the buy
  • #519,790
  • May 12, 2020 1:28am May 12, 2020 1:28am
Quoting navk
i want to see london open when the level 2342/50 to break. IMO, retest is already done 2282.
I still maintain a weekly bullish bias for a probe of 1.2514 minimum then 1.2550 average and 1.2600 maximum possible high... Based on the ranges of the last 5 weeks having ranges between 220 to 320 pips. Should this low of 1.2280/60 successfully hold, then 1.25xx is definite this week
Data + Stat + Risk/Emotions Management
  • #519,791
  • May 12, 2020 1:49am May 12, 2020 1:49am
Quoting Georginson
{quote} I still maintain a weekly bullish bias for a probe of 1.2514 minimum then 1.2550 average and 1.2600 maximum possible high... Based on the ranges of the last 5 weeks having ranges between 220 to 320 pips. Should this low of 1.2280/60 successfully hold, then 1.25xx is definite this week
the market is clearly a buy market but they keep messing with our minds
  • #519,792
  • May 12, 2020 1:50am May 12, 2020 1:50am
In one of my posts yesterday, I said that GU has one more downward move to complete a particular structure according to my own wave analysis and after which a big wave is to the upside. I am not really interested in any downward move but rather a big upward move that comes with high probability trade. Anyway, I am already on the buy and I am still holding on to it. I will give update later.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20200512-074939.png Size: 94 KB
With patience and discipline,you move beyond the sky
  • #519,793
  • May 12, 2020 2:00am May 12, 2020 2:00am
Quoting epzero
{quote} the market is clearly a buy market but they keep messing with our minds
It all comes down to patience. Forex trading is 50% psychology and 50% skill. No matter the direction you are, with patience and solid risk management, the price will come your way and beyond. I won't be shocked if the price is dragged down one more time before an aggressive surge up to .1.25 and even a break out to 1.2745 region. Between August to October we will see 1.35 levels tested.
Data + Stat + Risk/Emotions Management
  • #519,794
  • May 12, 2020 2:04am May 12, 2020 2:04am
Quoting ongtrumvn99
LONG AGAIN 1.2322
.
Attached Image
SCALP WIN
  • #519,795
  • May 12, 2020 2:05am May 12, 2020 2:05am
Engaged a buy.

Aiming for 1.2600, ofc not today, but...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD15.jpg Size: 162 KB
Patience and Discipline.
  • #519,796
  • May 12, 2020 2:09am May 12, 2020 2:09am
Only going for the juiciest setups,waiting for now
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.png Size: 106 KB
Watch me trade Live on YouTube
  • #519,797
  • May 12, 2020 2:11am May 12, 2020 2:11am
Quoting navk
i want to see london open when the level 2342/50 to break. IMO, retest is already done 2282.
You do have a point as H1 is printing lo-hi. However, H1 average is at 2342 and will have a big say on todays direction
  • #519,798
  • May 12, 2020 2:14am May 12, 2020 2:14am
Quoting Bydyke
{quote} You do have a point as H1 is printing lo-hi. However, H1 average is at 2342 and will have a big say on todays direction
it is going high today. And today onwards until Friday for a target of 1.2600.

If you have guts to hold, fine, I am happy with daily booking profits.

Today minimum 2419
Intraday only.
  • #519,799
  • May 12, 2020 2:18am May 12, 2020 2:18am
Quoting Georginson
{quote} It all comes down to patience. Forex trading is 50% psychology and 50% skill. No matter the direction you are, with patience and solid risk management, the price will come your way and beyond. I won't be shocked if the price is dragged down one more time before an aggressive surge up to .1.25 and even a break out to 1.2745 region. Between August to October we will see 1.35 levels tested.
you said it all, just my style of trading , with proper risk management you can enter a blind trade and still come out successful
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