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Cable Update (GBPUSD)

  • #520,081
  • May 13, 2020 5:57am May 13, 2020 5:57am
Now i know why only 5% of traders win
Where are the bears my friends ?
The crooks brought price near possible drop to attract fishs
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yes yes yes
  • #520,082
  • Edited 6:17am May 13, 2020 6:04am | Edited 6:17am
DXY droped but bounced from weekly open
  • #520,083
  • May 13, 2020 6:11am May 13, 2020 6:11am
Quoting Marco-Kanto
{quote} Still carrying this one. 50% hedge applied towards the end of NY yesterday, released on news spike down. Target 2393.
Reshuffled, I now have 22687 & 22854. SL at BE on both currently.
Focus.
  • #520,084
  • May 13, 2020 6:22am May 13, 2020 6:22am
Dollar is dropping
  • #520,085
  • May 13, 2020 6:23am May 13, 2020 6:23am
SPIKE UP!!!!
  • #520,086
  • May 13, 2020 6:31am May 13, 2020 6:31am
Quoting makl
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
Price will most likely end bearish around 1.24 this May. Month of May is usually bearish in nature with (check from average2010 till date) range of 400 - 600 pips and so far, it has done 350 pips with more 50 - 200 possible pips to complete monthly range. This week range is also yet to be completed and the trend as at time of typing is still bearish looking at 1.2164 as strong support which will also be a coincidence of 430 pips possible monthly range as far as 1.2599 monthly high remains unbroken. In addition, the average recovery from low in month of May is 60 - 250 pips. So the bias is tilted towards a bearish close around 1.2400 if 250 pips recovery is done from possible monthly low at 1.2164.

In weeks ahead, price will surge towards 1.2745 breaking the previous resistance at 1.2643, then a retracement towards 1.24 which will serve as support before further surge towards 1.35 between. August and October 2020! Cheers!
Data + Stat + Risk/Emotions Management
  • #520,087
  • May 13, 2020 6:32am May 13, 2020 6:32am
Today we will reach 1.2380.

Please trade your plan and your views.
  • #520,088
  • May 13, 2020 6:34am May 13, 2020 6:34am
Quoting Georginson
{quote} Price will most likely end bearish around 1.24 this May. Month of May is usually bearish in nature with (check from average2010 till date) range of 400 - 600 pips and so far, it has done 350 pips with more 50 - 200 possible pips to complete monthly range. This week range is also yet to be completed and the trend as at time of typing is still bearish looking at 1.2164 as strong support which will also be a coincidence of 430 pips possible monthly range as far as 1.2599 monthly high remains unbroken. In addition, the average recovery from...
Thank you so much for your feed back
  • #520,089
  • May 13, 2020 6:45am May 13, 2020 6:45am
Quoting Vincent1
Possible resistence levels to short:
1.23 Monday and yesterday support
1.2330 yesterday weak support + yesterday open
1.2345 yesterday Bears entry level

D1 and H4 in downtrend, so just looking for short entry
PA gives entry signal
Waiting for price action signal
  • #520,090
  • May 13, 2020 6:48am May 13, 2020 6:48am
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yes yes yes
  • #520,091
  • May 13, 2020 6:53am May 13, 2020 6:53am
Hell of a triangle. If it breaks to the upside - next stop 1.25100.

Ofc thats only my opinion.
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Patience and Discipline.
  • #520,092
  • May 13, 2020 6:54am May 13, 2020 6:54am
Quoting navk
{quote} 2320/40 today .

Intraday only.
  • #520,093
  • May 13, 2020 6:56am May 13, 2020 6:56am
Quoting Marco-Kanto
{quote} Reshuffled, I now have 22687 & 22854. SL at BE on both currently.
Closed 2854 at 2325, +41ish
Focus.
  • #520,094
  • May 13, 2020 6:59am May 13, 2020 6:59am
Quoting Marco-Kanto
{quote} Closed 2854 at 2325, +41ish
2687 closed at 2332 for 64ish. I'm left with an EU long currently. (8455)
Focus.
  • #520,095
  • May 13, 2020 7:01am May 13, 2020 7:01am
If 1.2329 broken, next important res are 1.2404 & 1.2436/52

Waiting for EURGBP to have strong move below 0.8819 to sustain a potential GBP rally
COT: The precious data ignored
  • #520,096
  • May 13, 2020 7:01am May 13, 2020 7:01am
Smiles. Feel good to be back.
It is all about the foreign exchange market.
  • #520,097
  • May 13, 2020 7:02am May 13, 2020 7:02am
all out !!!!

i am at 800 again !!!!
last week Monday to Friday from 425$ to 1599$ , withdraw 1000 $
Friday to Monday from 599 to 1277 with 700
yesterday from 577 to 900 , withdraw 300.
today from 600 to 800 after i was at 500 .
i was two weeks ago in a yearly loss of over a 2000 $
now i am paying taxes on the withdrawals and i happy
short now
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yes yes yes
  • #520,098
  • May 13, 2020 7:03am May 13, 2020 7:03am
Quoting Marco-Kanto
{quote} 2687 closed at 2332 for 64ish. I'm left with an EU long currently. (8455)
EU 8455 out at 8750 for just under 30. Wanted 88 but I have sausages to buy. Now flat, seeya later.
Focus.
  • #520,099
  • May 13, 2020 7:10am May 13, 2020 7:10am
Quoting Moty
all out !!!! i am at 800 again !!!! last week Monday to Friday from 425$ to 1599$ , withdraw 1000 $ Friday to Monday from 599 to 1277 with 700 yesterday from 577 to 900 , withdraw 300. today from 600 to 800 after i was at 500 . i was two weeks ago in a yearly loss of over a 2000 $ now i am paying taxes on the withdrawals and i happy short now {image} {image}

KEEP IT UP MATE
  • #520,100
  • May 13, 2020 7:11am May 13, 2020 7:11am
Short for 60
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
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