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Cable Update (GBPUSD)

  • #520,241
  • May 13, 2020 11:10pm May 13, 2020 11:10pm
Will it Drop for 1.21000
  • #520,242
  • Edited 11:38pm May 13, 2020 11:15pm | Edited 11:38pm
Today sideway, may be.
Move on NY open if no side way.
  • #520,243
  • May 13, 2020 11:58pm May 13, 2020 11:58pm
Quoting Gilaforex13
Today sideway, may be. Move on NY open if no side way.
A drop towards 1.21 now..technicals look bearish for now
  • #520,244
  • May 14, 2020 12:02am May 14, 2020 12:02am
Looking for that last spike up until London opens (1.2237).....then possible short.
Lost....
  • #520,245
  • May 14, 2020 12:13am May 14, 2020 12:13am
Why anyone want to buy this
Attached Image (click to enlarge)
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sell strength in falling markets, and buy weakness in rising markets.
  • #520,246
  • May 14, 2020 12:13am May 14, 2020 12:13am
the tension is the market is very high
  • #520,247
  • May 14, 2020 12:13am May 14, 2020 12:13am
either way i win
Attached Image (click to enlarge)
Click to Enlarge Name: guh1.png Size: 49 KB
yes yes yes
  • #520,248
  • May 14, 2020 12:14am May 14, 2020 12:14am
Quoting Moty
{image}
Thats a lot of drawdown...
The grind never stops
  • #520,249
  • May 14, 2020 12:19am May 14, 2020 12:19am
Quoting ongtrumvn99
{quote} add long 1.2205
closed all at 1.2208

short 1.2208
SCALP WIN
  • #520,250
  • May 14, 2020 12:23am May 14, 2020 12:23am
A break of 1.22030 will take us to 1.2165 and then maybe another test of 1.23400.

Let’s see what London open will bring.

Im also noticing that the pound is going up during London session, but turning south in Us session. Let’s see if this will be the case today.
Patience and Discipline.
  • #520,251
  • May 14, 2020 12:28am May 14, 2020 12:28am
i have set a sell pending order because they want to take us unaware
  • #520,252
  • May 14, 2020 12:30am May 14, 2020 12:30am
one can look for 2312 R1 after drop or staying above 2200 when Frankfurt opens.
Attached Image (click to enlarge)
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Intraday only.
  • #520,253
  • May 14, 2020 12:30am May 14, 2020 12:30am
Oct 2019 low 1.21947, NOV. 2016 LOW 1.22052 DEC 2016 LOW 1.22004 so be careful . it may find support but anything possible in trading . flexibility
little bit of sense, little bit of luck
Ktr Return This Month: na
  • #520,254
  • May 14, 2020 12:41am May 14, 2020 12:41am
Quoting Tpak
Oct 2019 low 1.21947, NOV. 2016 LOW 1.22052 DEC 2016 LOW 1.22004 so be careful . it may find support but anything possible in trading . flexibility
These lows happened after price dropped to 1 1475 (October 2016 Flash Crash), this is a deep search. after this lows price dived to 1.2774
Data + Stat + Risk/Emotions Management
  • #520,255
  • May 14, 2020 12:43am May 14, 2020 12:43am
Quoting htcone
Why anyone want to buy this {image}
because it could be false break , it happened before , but you need to enter when price is coming back above support
Attached Image (click to enlarge)
Click to Enlarge Name: gud1.png Size: 22 KB
yes yes yes
  • #520,256
  • May 14, 2020 12:51am May 14, 2020 12:51am
Quoting Suj
{quote} A drop towards 1.21 now..technicals look bearish for now
Look bearish, but i want to sell high.
  • #520,257
  • May 14, 2020 12:53am May 14, 2020 12:53am
Quoting Moty
{quote} because it could be false break , it happened before , but you need to enter when price is coming back above support {image}
stoploss?
The grind never stops
  • #520,258
  • May 14, 2020 12:57am May 14, 2020 12:57am
Quoting Moty
{quote} because it could be false break , it happened before , but you need to enter when price is coming back above support {image}
Make or break for GU today.
Focus.
  • #520,259
  • May 14, 2020 12:59am May 14, 2020 12:59am
On H4 TF look like Bears want take profit around 1.2120, then retr up to 1.23
1.2080 is good target too
  • #520,260
  • May 14, 2020 1:01am May 14, 2020 1:01am
1.21945 may support
Attached Image (click to enlarge)
Click to Enlarge Name: gud1.png Size: 18 KB
yes yes yes
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