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Cable Update (GBPUSD)

  • #520,221
  • Edited 5:29pm May 13, 2020 5:12pm | Edited 5:29pm
Quoting Moty
{image}
Moty,
I have open shorts and sell limits in place for target towards 1.2185.
Intraday only.
  • #520,222
  • May 13, 2020 5:14pm May 13, 2020 5:14pm
Quoting navk
{quote} Moty, I have ipen shorts and sell limits in place for target towards 1.2185.
i pray this price holds so we can see a bounce for about 250 pips
  • #520,223
  • May 13, 2020 5:16pm May 13, 2020 5:16pm
Quoting epzero
{quote} cable started as a buy meaning it is forming wick for a sell, don't let them play you, get ready for the fall
YOU MEAN THE RISE
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yes yes yes
  • #520,224
  • May 13, 2020 5:31pm May 13, 2020 5:31pm
Quoting epzero
{quote} i pray this price holds so we can see a bounce for about 250 pips
it may be possible to test 1.2312 after a fresh fall towards 1.2217 to 1.2185
Intraday only.
  • #520,225
  • May 13, 2020 7:38pm May 13, 2020 7:38pm
Quoting Moty
{quote} YOU MEAN THE RISE {image} {image}
If you are right, the next movement will be this way.

Attached Image
Together we can be strongest
Vantage Return This Month: na
  • #520,226
  • May 13, 2020 8:46pm May 13, 2020 8:46pm
long wait.

Finally the price fell.

Booked my profit.

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Intraday only.
  • #520,227
  • May 13, 2020 8:52pm May 13, 2020 8:52pm
Quoting ongtrumvn99
{quote} ADD SHORT 1.2245
closed all at 1.2208
SCALP WIN
  • #520,228
  • May 13, 2020 8:54pm May 13, 2020 8:54pm
LONG GU 1.2209
SCALP WIN
  • #520,229
  • May 13, 2020 8:57pm May 13, 2020 8:57pm
Holding long add more longs.

TP: 1.22800
SL: 1.21825




___________
Still Learning
  • #520,230
  • May 13, 2020 8:58pm May 13, 2020 8:58pm
i will take longs only after frankfurt open when price hits 1.2185
Intraday only.
  • #520,231
  • May 13, 2020 9:00pm May 13, 2020 9:00pm
The expected Asia low Now upon us... Time to long 1.2205
Data + Stat + Risk/Emotions Management
  • #520,232
  • May 13, 2020 9:01pm May 13, 2020 9:01pm
Quoting ongtrumvn99
LONG GU 1.2209
ADD LONG 1.2205
SCALP WIN
  • #520,233
  • May 13, 2020 9:20pm May 13, 2020 9:20pm
Quoting navk
i will take longs only after frankfurt open when price hits 1.2185
This could be the last low as price may surge to 1.24 even today. Should this 4 hour candle show a long wick, then 1.2320 is definite today.
Data + Stat + Risk/Emotions Management
  • #520,234
  • May 13, 2020 9:23pm May 13, 2020 9:23pm
Quoting navk
i will take longs only after frankfurt open when price hits 1.2185
Check weekly candle of 29/03/2020... The open was 1.2417 and a low 1.2204
Data + Stat + Risk/Emotions Management
  • #520,235
  • May 13, 2020 9:27pm May 13, 2020 9:27pm
Quoting Georginson
{quote} Check weekly candle of 29/03/2020... The open was 1.2417 and a low 1.2204
what if it keeps falling, what next???
  • #520,236
  • May 13, 2020 9:38pm May 13, 2020 9:38pm
Quoting epzero
{quote} what if it keeps falling, what next???
It is all a probability plan... There are ranges which are usually used to know if capacity to a particular direction has been attained and as it stands the capacity is 80% completed hence reversal to 1.2320 and even 1.2400 cannot be ruled out. I used 80% simply because forex trading has no 100% guarantee as regards price behaviour. In summary low could still reach 1.2165 but a buy from 1.2205 is still very safe. Cheers!
Data + Stat + Risk/Emotions Management
  • #520,237
  • May 13, 2020 9:53pm May 13, 2020 9:53pm
closing all longs.. Volatility going high when it drops.. expect HIGH drops today.



___________
Still Learning
  • #520,238
  • May 13, 2020 10:11pm May 13, 2020 10:11pm
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yes yes yes
  • #520,239
  • May 13, 2020 10:25pm May 13, 2020 10:25pm
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yes yes yes
  • #520,240
  • May 13, 2020 10:53pm May 13, 2020 10:53pm
D1
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