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Cable Update (GBPUSD)

  • #520,061
  • May 13, 2020 4:45am May 13, 2020 4:45am
Quoting ozalid
1.2288 SHORT
No , the only way is up
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yes yes yes
  • #520,062
  • May 13, 2020 4:50am May 13, 2020 4:50am
Quoting Moty
{quote} What is that data ?
My own
COT: The precious data ignored
  • #520,063
  • May 13, 2020 4:51am May 13, 2020 4:51am
I'm shorting 1.231
  • #520,064
  • May 13, 2020 4:52am May 13, 2020 4:52am
Heading UP
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  • #520,065
  • May 13, 2020 4:52am May 13, 2020 4:52am
I do believe that monthly candle will close 1.2700. Any one agrees ?? I would like to know your views???

Please always follow your opinion and your plan
  • #520,066
  • May 13, 2020 4:54am May 13, 2020 4:54am
Quoting ongtrumvn99
LONG GU 1.2252
closed at 1.2312 +60
SCALP WIN
  • #520,067
  • May 13, 2020 4:54am May 13, 2020 4:54am
Breakout with buyers volume,lets see if it has legs
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Watch me trade Live on YouTube
  • #520,068
  • May 13, 2020 5:00am May 13, 2020 5:00am
If this is a false breakout up, this thing can make a huge drop now..careful
  • #520,069
  • May 13, 2020 5:06am May 13, 2020 5:06am
Quoting hocius
If this is a false breakout up, this thing can make a huge drop now..careful
I agree .
Like i said yesterday it could drop frop 38-50 % area, but it can also go up to c point
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yes yes yes
  • #520,070
  • May 13, 2020 5:07am May 13, 2020 5:07am
Quoting fontu
{quote} looks so and the trap bear not over yet , below 1.2164/38 to ready .waiting it done perfect {image}
You are right, a retest of 1.2164 makes a case for weekly range completion if 1.2437 high is maintained. 1.2437 - 250 (average weekly range) = 1.2187. From that same 1.2187 will make monthly range to be 410 pips... So 1.2164/87 is a good support target before final surge.
Data + Stat + Risk/Emotions Management
  • #520,071
  • May 13, 2020 5:11am May 13, 2020 5:11am
The pound is appreciating the good news, let’s see how much.

Plus the dollar is searching for a direction...
Patience and Discipline.
  • #520,072
  • May 13, 2020 5:17am May 13, 2020 5:17am
USD seems to be dropping tho.
Trading is like fishing. Be patient and enjoy the fight.
  • #520,073
  • May 13, 2020 5:18am May 13, 2020 5:18am
Quoting Moty
{quote} I agree . Like i said yesterday it could drop frop 38-50 % area, but it can also go up to c point {image}
Take profit quick
Patience.....
  • #520,074
  • Edited 5:34am May 13, 2020 5:22am | Edited 5:34am
Maybe it's time to close the gap
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A lot of engulfing bullish candle
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The spike is coming
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yes yes yes
  • #520,075
  • May 13, 2020 5:25am May 13, 2020 5:25am
Quoting Siame
Heading UP {image}

I'm out with +10pips.
A close above 1.23200 and I may be interested.
  • #520,076
  • May 13, 2020 5:31am May 13, 2020 5:31am
Quoting Moty
{quote} No , the only way is up {image}
Possible. But I think first around 1.2200. In my opinion, the price stopped at night on bearish AB = CD. There should now be a test of at least this area. I will start buying if I beat 1.2320 with TP in the green area
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  • #520,077
  • May 13, 2020 5:48am May 13, 2020 5:48am
Tp 1.22200
  • #520,078
  • May 13, 2020 5:49am May 13, 2020 5:49am
Usually when i trade GBP pairs i look at GBP index
Its give me better indication on GBP pairs .

The pic below show gbp weeknes.

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Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #520,079
  • May 13, 2020 5:52am May 13, 2020 5:52am
PA tarrying on M5 average. We shall know very soon where it is headed
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  • #520,080
  • May 13, 2020 5:56am May 13, 2020 5:56am
First TP at daily open. Other orders TP open. Lets see how this goes..
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