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Cable Update (GBPUSD)

  • #519,981
  • May 12, 2020 2:30pm May 12, 2020 2:30pm
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Ok let’s try 2287 10 pip stop sell hedge if it goes under the line in the right
  • #519,982
  • May 12, 2020 2:30pm May 12, 2020 2:30pm
Inserted Video
  • #519,983
  • May 12, 2020 2:31pm May 12, 2020 2:31pm
Quoting elbert3
{quote} {image} 4 hour close then it could ??!!! Could be dB and up we go . But let’s see
You mean price could plummet to 1.2220 before a final surge !
Data + Stat + Risk/Emotions Management
  • #519,984
  • May 12, 2020 3:17pm May 12, 2020 3:17pm
Quoting Moty
in the morning , i made a mistake , i didn't have enough paciest to wait for London open , and to end of the retracement . but even so , if i put the sl above the candle before the entry candle i would manage to collect at least 26 pips . but i had luck on my side , and i didn't blow my account before price reverse{image}{image} for tomorrow{image}
If you wait the market breake the triangle, will be better.

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Together we can be strongest
Vantage Return This Month: na
  • #519,985
  • May 12, 2020 3:22pm May 12, 2020 3:22pm
Quoting Georginson
{quote} You mean price could plummet to 1.2220 before a final surge !
Well my rule is I am now back in short and 10 pip loss on the trade . Watching 4 hour close now and 2269 would be dB
  • #519,986
  • May 12, 2020 3:58pm May 12, 2020 3:58pm
pending long order will be put at 1.22466
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yes yes yes
  • #519,987
  • May 12, 2020 4:01pm May 12, 2020 4:01pm
2248 next
  • #519,988
  • May 12, 2020 4:15pm May 12, 2020 4:15pm
Quoting elbert3
2248 next
Great. I think 2230
  • #519,989
  • May 12, 2020 4:20pm May 12, 2020 4:20pm
friends please can someone do an indicator without repainting using HM1? call me
  • #519,990
  • May 12, 2020 4:45pm May 12, 2020 4:45pm
Worth to risk 26 pips
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  • #519,991
  • Edited 6:28pm May 12, 2020 5:57pm | Edited 6:28pm
2251 to 2297 first.This is for tokyo session. Then, it may retest 2251 in Frankfurt session. and move up again. Or test lows up to 2221. to move up in London session. If 2251 breaks in Asia, then expect 2227.

2227/2251 to The target is 2340 in NY.
Intraday only.
  • #519,992
  • May 12, 2020 7:00pm May 12, 2020 7:00pm
LONG GU 1.2252
SCALP WIN
  • #519,993
  • May 12, 2020 7:42pm May 12, 2020 7:42pm
Quoting navk
2251 to 2297 first.This is for tokyo session. Then, it may retest 2251 in Frankfurt session. and move up again. Or test lows up to 2221. to move up in London session. If 2251 breaks in Asia, then expect 2227. 2227/2251 to The target is 2340 in NY.
Yes I believe 2220~2230 and then there's gdp for UK..tricky day with a negative gdp today
  • #519,994
  • May 12, 2020 7:45pm May 12, 2020 7:45pm
hit S
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SCALP WIN
  • #519,995
  • May 12, 2020 10:06pm May 12, 2020 10:06pm
took long and closed.

Very small money in Asia.
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Intraday only.
  • #519,996
  • May 12, 2020 10:23pm May 12, 2020 10:23pm
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yes yes yes
  • #519,997
  • May 13, 2020 12:12am May 13, 2020 12:12am
I think we bottomed at .22500, but lets see the GDP figures.

Looking at daily the pair is at the bottom line of the BB, maybe we can see some retracement...
Patience and Discipline.
  • #519,998
  • May 13, 2020 12:42am May 13, 2020 12:42am
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yes yes yes
  • #519,999
  • May 13, 2020 12:43am May 13, 2020 12:43am
Quoting Stefan90csk
I think we bottomed at .22500, but lets see the GDP figures. Looking at daily the pair is at the bottom line of the BB, maybe we can see some retracement...
I also expect it to bounce from here, the only challenge is that weekly range is not complete yet, which so far is 187 pips, so additional 30-100 pips to complete the range. Should this 1.2250 hold, the pair can still touch 1 2470 but should further low is tested which is not expected to drop below 1 2200 then we can only have retracement back to 1.2370.
Data + Stat + Risk/Emotions Management
  • #520,000
  • May 13, 2020 12:45am May 13, 2020 12:45am
Really curious to see how todays price action is gonna look like, it dipped too low.
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