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Cable Update (GBPUSD)

  • #520,241
  • May 13, 2020 9:10pm May 13, 2020 9:10pm
Will it Drop for 1.21000
  • #520,242
  • Edited 9:38pm May 13, 2020 9:15pm | Edited 9:38pm
Today sideway, may be.
Move on NY open if no side way.
  • #520,243
  • May 13, 2020 9:58pm May 13, 2020 9:58pm
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 13, 2020 10:02pm May 13, 2020 10:02pm
Looking for that last spike up until London opens (1.2237).....then possible short.
Lost....
  • #520,245
  • May 13, 2020 10:13pm May 13, 2020 10:13pm
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 13, 2020 10:13pm May 13, 2020 10:13pm
the tension is the market is very high
  • #520,247
  • May 13, 2020 10:13pm May 13, 2020 10:13pm
either way i win
Attached Image (click to enlarge)
Click to Enlarge Name: guh1.png Size: 49 KB
yes yes yes
  • #520,248
  • May 13, 2020 10:14pm May 13, 2020 10:14pm
Quoting Moty
{image}
Thats a lot of drawdown...
The grind never stops
  • #520,249
  • May 13, 2020 10:19pm May 13, 2020 10:19pm
Quoting ongtrumvn99
{quote} add long 1.2205
closed all at 1.2208

short 1.2208
SCALP WIN
  • #520,250
  • May 13, 2020 10:23pm May 13, 2020 10:23pm
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 13, 2020 10:28pm May 13, 2020 10:28pm
i have set a sell pending order because they want to take us unaware
  • #520,252
  • May 13, 2020 10:30pm May 13, 2020 10:30pm
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 13, 2020 10:30pm May 13, 2020 10:30pm
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 13, 2020 10:41pm May 13, 2020 10:41pm
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 13, 2020 10:43pm May 13, 2020 10:43pm
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 13, 2020 10:51pm May 13, 2020 10:51pm
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 13, 2020 10:53pm May 13, 2020 10:53pm
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 13, 2020 10:57pm May 13, 2020 10:57pm
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 13, 2020 10:59pm May 13, 2020 10:59pm
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 13, 2020 11:01pm May 13, 2020 11:01pm
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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