Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#520,501
May 14, 2020 6:51pm May 14, 2020 6:51pm

wasay
| Joined Jan 2014 | Status: Trader | 25 Posts

Brother navk if feel free and have time on week end could you please elaborate your strategy how you use

#520,502
May 14, 2020 6:57pm May 14, 2020 6:57pm

navk
Joined Oct 2010 | Status: Trader | 21,482 Posts

Quoting wasay

Disliked

Brother navk if feel free and have time on week end could you please elaborate your strategy how you use

Ignored

plot the moving averages as i said. Hourly, 5 min and daily.

And post it here

Intraday only.

#520,503
May 14, 2020 7:10pm May 14, 2020 7:10pm

wasay
| Joined Jan 2014 | Status: Trader | 25 Posts

[attach]GBPUSDM5.png;

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#520,504
May 14, 2020 7:20pm May 14, 2020 7:20pm

epzero
Joined Oct 2019 | Status: Trader | 1,132 Posts

why is the pound so weak, selling again !!!!!!!!

#520,505
May 14, 2020 7:22pm May 14, 2020 7:22pm

navk
Joined Oct 2010 | Status: Trader | 21,482 Posts

Quoting wasay

Disliked

[attach]GBPUSDM5.png; {image} {image} {image}

Ignored

look at the 5 min chart.

A clear pull back. Break of 200 EMA, one can take long entry there even though hourly and daily chart is bearish.

Intraday only.

#520,506
May 14, 2020 7:26pm May 14, 2020 7:26pm

navk
Joined Oct 2010 | Status: Trader | 21,482 Posts

Quoting wasay

Disliked

[attach]GBPUSDM5.png; {image} {image} {image}

Ignored

and also look at 5 min chart with respect to 1 hr and daily chart on thursday.

when daily, hourly is bearish, 5 min chart bearish take long entry.

You have to practice a lot.

Intraday only.

#520,507
May 14, 2020 7:53pm May 14, 2020 7:53pm

ongtrumvn99
| Membership Revoked | Joined Mar 2020 | 849 Posts

TODAY : LONG GBP

SCALP WIN

#520,508
May 14, 2020 8:13pm May 14, 2020 8:13pm

Bydyke
| Joined Sep 2009 | Status: Trader | 1,252 Posts

Quoting navk

Disliked

{quote} and also look at 5 min chart with respect to 1 hr and daily chart on thursday. when daily, hourly is bearish, 5 min chart bearish take long entry. You have to practice a lot.

Ignored

Don't you think it's headed to 2188 even though it is dragging. The H1 average (khaki colour) has given the all-clear

Attached Image (click to enlarge)

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#520,509
May 14, 2020 8:18pm May 14, 2020 8:18pm

varun76
Joined Feb 2016 | Status: Trader | 2,511 Posts

I believe bears are exhausted for the time being now bear traps in play.

Precise Execution!

#520,510
May 14, 2020 8:38pm May 14, 2020 8:38pm

navk
Joined Oct 2010 | Status: Trader | 21,482 Posts

Quoting Bydyke

Disliked

{quote} Don't you think it's headed to 2188 even though it is dragging. The H1 average (khaki colour) has given the all-clear {image}

Ignored

i think it is heading lower.

But keep in mind, 2165 solid support and bounce can happen above 2165

Intraday only.