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Cable Update (GBPUSD)

  • #521,521
  • May 19, 2020 2:50pm May 19, 2020 2:50pm
Comedy thread , no one has a clue what they are doing, actually that is a bit harsh there is one or two that do know what they are doing
Follow The Markets Structure - Patience and Discipline
  • #521,522
  • May 19, 2020 2:56pm May 19, 2020 2:56pm
If h1 close below ema200, bad for bulls..
  • #521,523
  • May 19, 2020 2:56pm May 19, 2020 2:56pm
Many of the majors ignored their daily pivots today. When pairs don't hit their daily pivots my intraday trades get skewed. Lol...
  • #521,524
  • May 19, 2020 2:58pm May 19, 2020 2:58pm
I honestly couldn't tell you the last time I placed a trade so later in the day im done by 1pm, but this opportunity I couldn't pass up, 900 was such as easy sell and I went for it. boom +32 pips. meaning 100+ for the day. im pleased, you will never see me trade like this for a while lol.

trade safe and stay safe all

Joe
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  • #521,525
  • May 19, 2020 3:03pm May 19, 2020 3:03pm
Quoting joesherwood
I honestly couldn't tell you the last time I placed a trade so later in the day im done by 1pm, but this opportunity I couldn't pass up, 900 was such as easy sell and I went for it. boom +32 pips. meaning 100+ for the day. im pleased, you will never see me trade like this for a while lol. trade safe and stay safe all Joe {image}
Nice Joe, I also took the opportunity
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  • #521,526
  • May 19, 2020 3:05pm May 19, 2020 3:05pm
Quoting hocius
{quote} Nice Joe, I also took the opportunity {image}
great stuff hocius, saw some of your results earlier I believe? top work. time for bed now, think ill sleep in tomorrow miss all this gbp news at 7am and then get in the market.

stay safe bro.
  • #521,527
  • May 19, 2020 3:08pm May 19, 2020 3:08pm
Quoting elbert3
{image} 5 min shot away from emas so they want to get back together. Doji type candle ? So watch for any cross emas could end up back at the lower tl
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on just what it said on the tin . 5 min cross ema so hedged .. why hedge . Because of what I posted. . Now 1 hour chart back to trend line . So will it confirm or do we enter more short and drop the long ?? Mmm 4 hour up to now looks bull .. for now
  • #521,528
  • May 19, 2020 3:10pm May 19, 2020 3:10pm
4H is showing serious rejection.
BARAK
  • #521,529
  • May 19, 2020 3:10pm May 19, 2020 3:10pm
Quoting joesherwood
I honestly couldn't tell you the last time I placed a trade so later in the day im done by 1pm, but this opportunity I couldn't pass up, 900 was such as easy sell and I went for it. boom +32 pips. meaning 100+ for the day. im pleased, you will never see me trade like this for a while lol. trade safe and stay safe all Joe {image}
There seems to be some downside remaining to be seen. Although I don't known what the news tomorrow might bring if it does bring anything at all.
  • #521,530
  • May 19, 2020 3:20pm May 19, 2020 3:20pm
Quoting SFundamental
{quote} Nice........wish there was more risk Negative gamma a fair bit away as well Nonetheless, will affect risk tone for currencies Powell going to testify now
More pain on equities
Bonds has certainly made their presence felt
Now approaching neg gamma level
Still short since last night.

https://www.tradingview.com/x/gcoGYjXC/
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #521,531
  • May 19, 2020 3:32pm May 19, 2020 3:32pm
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yes yes yes
  • #521,532
  • May 19, 2020 3:33pm May 19, 2020 3:33pm
Quoting Moty
{image}
looking good moty
  • #521,533
  • May 19, 2020 3:41pm May 19, 2020 3:41pm
Quoting joesherwood
{quote} looking good moty
Gamble or godspelled luck? this corona vaccine crap is most likely going to haunt the market for many months further. Super easy money to get for any of these companies.. This is the second joke news in leas than one month next to gilead as minimum. It is funny, in decades there has never been a 100% vaccine for the general corona flu virus, actually never for the flu at all, now in 3 months the world is going to make 10 simultaneous up?
  • #521,534
  • May 19, 2020 3:44pm May 19, 2020 3:44pm
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i am trailing stop from in the m1 chart on the 50 sma high
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yes yes yes
  • #521,535
  • May 19, 2020 3:54pm May 19, 2020 3:54pm
Quoting thevisitor
maybe this crab will end with a 5 waver at 1.20 area.. {image}
Update Daily: Down

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  • #521,536
  • May 19, 2020 3:57pm May 19, 2020 3:57pm
Quoting Moty
{image} i am trailing stop from in the m1 chart on the 50 sma high{image}
short too early brother. you using pivot you should know by now it turn around daily r2. how about next time save some 50% margin and scalling bettween R. just my 2 cent . later if you can make sharp entry you can go all in.
  • #521,537
  • May 19, 2020 3:58pm May 19, 2020 3:58pm
Quoting Moty
{image} i am trailing stop from in the m1 chart on the 50 sma high{image}
i am stoped out , with 75 $ left from my 280 deposit .
no problem , i still have 1720$ left from my 2000$ profit this month .
tomorrow is a new day and new 280 $ deposit .
what relay annoying me is that i was long and just want to catch a little short retrenchment that turned into disaster
yes yes yes
  • #521,538
  • May 19, 2020 3:59pm May 19, 2020 3:59pm
Quoting Kimjoun
{quote} short too early brother. you using pivot you should know by now it turn around daily r2. how about next time save some 50% margin and scalling bettween R. just my 2 cent . later if you can make sharp entry you can go all in.
i was in short position all ready from 1.21700 from yesterday , and stop loss the loss
yes yes yes
  • #521,539
  • May 19, 2020 4:04pm May 19, 2020 4:04pm
Quoting Moty
{quote} i was in short position all ready from 1.21700 from yesterday , and stop loss the loss
ok make sense. 1.21700 was around yesterday pivot. but i see multiple entry there. save some at higher price. try it.
  • #521,540
  • May 19, 2020 4:05pm May 19, 2020 4:05pm
Quoting joesherwood
{quote} great stuff hocius, saw some of your results earlier I believe? top work. time for bed now, think ill sleep in tomorrow miss all this gbp news at 7am and then get in the market. stay safe bro.
Yes, I posted them on another thread. This last month the results were amazing, but a little gambling and bad risk management. Now its my chance to change this. Take care all
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