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Cable Update (GBPUSD)

  • #520,321
  • May 14, 2020 3:39am May 14, 2020 3:39am
Fantabulous start again for this day.

As usual, daily practice, I have withdrawn 110 $

Daily profit until now : 553 $

Withdrawal : 110 $

For Growth : 553 $ - 110 $ = 443 $.

Some tiny longs still open.

Will come back to NY to join with you guys.
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Intraday only.
  • #520,322
  • May 14, 2020 3:40am May 14, 2020 3:40am
Quoting smikester
{quote} And now you have set the double double bluff of the trap.
The weekly looks like a spring almost wound up.
Just need to dig a little deeper, break the recent weekly low to support,
then Boom...
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Compulsions can be hard to resist
  • #520,323
  • May 14, 2020 3:40am May 14, 2020 3:40am
Looking for bear @12260.
  • #520,324
  • May 14, 2020 3:41am May 14, 2020 3:41am
Quoting makl
{quote} Thanks for your Analyze, I would like to know your view about today's news after 2 hours and half? will it effect the GBP?
Anything USD related will affect GBP.

My opinion, dollar may loose some ground.

I am expecting choppy days, today and tomorrow.

But tomorrow may be bearish candle.

not sure
Intraday only.
  • #520,325
  • May 14, 2020 3:42am May 14, 2020 3:42am
Quoting makl
{quote} Thanks for your Analyze, I would like to know your view about today's news after 2 hours and half? will it effect the GBP?
No one can know what the results of a speech can be. Yesterday's Powell speech is a example.

If you can find a life stream and listen to it - do it. If not, wait for the review and trade the market according to the response.

That's what I would do.
Patience and Discipline.
  • #520,326
  • May 14, 2020 3:43am May 14, 2020 3:43am
Quoting Stefan90csk
{quote} No one can know what the results of a speech can be. Yesterday's Powell speech is a example. If you can find a life stream and listen to it - do it. If not, wait for the review and trade the market according to the response. That's what I would do.
what news is that?

Is it unemployment numbers ?
Intraday only.
  • #520,327
  • May 14, 2020 3:44am May 14, 2020 3:44am
No buyers at higher prices
Think everyone waiting for Bailey
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #520,328
  • May 14, 2020 3:45am May 14, 2020 3:45am
We still in no man's land,until a clear break either up or down,no trading for me
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Watch me trade Live on YouTube
  • #520,329
  • May 14, 2020 3:47am May 14, 2020 3:47am
Quoting navk
{quote} Anything USD related will affect GBP. My opinion, dollar may loose some ground. I am expecting choppy days, today and tomorrow. But tomorrow may be bearish candle. not sure
morning Navk... pls which system do u use I admire ur results... You and Moty help traders a lot.
  • #520,330
  • May 14, 2020 3:48am May 14, 2020 3:48am
mmm not breaking 2218
  • #520,331
  • May 14, 2020 3:49am May 14, 2020 3:49am
Quoting yahzeex
{quote} morning Navk... pls which system do u use I admire ur results... You and Moty help traders a lot.
my system is basically based on this thread. But not entirely.

Read this thread. And participate in discussions, take challenge trades.

https://www.forexfactory.com/showthr...8#post12938028
Intraday only.
  • #520,332
  • May 14, 2020 3:50am May 14, 2020 3:50am
Quoting navk
{quote} what news is that? Is it unemployment numbers ?
I was referring to Bailey' s speech.
Patience and Discipline.
  • #520,333
  • May 14, 2020 3:53am May 14, 2020 3:53am
Quoting Stefan90csk
{quote} I was referring to Bailey' s speech.
oh, i just noticed, thanks.

anyways, my tech says the price has to retrace. so Bailey will speak positively for pound.
Intraday only.
  • #520,334
  • May 14, 2020 4:05am May 14, 2020 4:05am
WELCOME TO LONDON

LETS SEE SOME DOLLAR WEAKNESS

Discipline is key
  • #520,335
  • May 14, 2020 4:05am May 14, 2020 4:05am
The break is coming
Dx has already broken down
And it have an effect on the gu
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yes yes yes
  • #520,336
  • May 14, 2020 4:08am May 14, 2020 4:08am
Quoting navk
{quote} what news is that? Is it unemployment numbers ?
BOE Gov Bailey Speaks , About Interest rate in UK
  • #520,337
  • May 14, 2020 4:13am May 14, 2020 4:13am
Bailey is the man we are all waiting for and markets are already reacting to the news
  • #520,338
  • May 14, 2020 4:13am May 14, 2020 4:13am
Quoting navk
{quote} oh, i just noticed, thanks. anyways, my tech says the price has to retrace. so Bailey will speak positively for pound.
The crooks made 2 seller's wick and now they are buying into the sellers crowd
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yes yes yes
  • #520,339
  • May 14, 2020 4:15am May 14, 2020 4:15am
Quoting Moty
{quote} The crooks made 2 seller's wick and now they are buying into the sellers crowd {image}
I still think it is in a bearish area and will be selling soon..well hope I am right
  • #520,340
  • May 14, 2020 4:20am May 14, 2020 4:20am
Quoting Suj
{quote} I still think it is in a bearish area and will be selling soon..well hope I am right
Bailey speaks will send the GBP flying
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