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Cable Update (GBPUSD)

  • #521,661
  • May 20, 2020 4:31am May 20, 2020 4:31am
Quoting ozalid
{quote} For now I am buying because it is climbing up. This may change at around 1.2255 / 1.2260 then sales. But it can also be consolidation for some time. There are always three options
nice mate
i have both position short n long
more heavy at short side..
long is from bottom since monday..
just for a cup of coffee...
  • #521,662
  • May 20, 2020 4:32am May 20, 2020 4:32am
The dollar is not helping at all here. Again DXY trading in the low range. Once that explodes up whoever is long is gonna get a hurt! Big hurt!
  • #521,663
  • May 20, 2020 4:38am May 20, 2020 4:38am
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my tp is weekly r1 1.23232
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yes yes yes
  • #521,664
  • May 20, 2020 4:44am May 20, 2020 4:44am
I'll test some shorts
  • #521,665
  • May 20, 2020 4:44am May 20, 2020 4:44am
Its either:
H4 Higher High == Day Lower High
or
H1 Lower Low == H4 Higher Low
Indecision may be due to conflicting 'midpoints'; humans love their averages

Monthly = Down
Weekly = Up
Day is flipping up and down == decision level

Lower Frame PA can help decide.
in wondering about yourself, you forgot what you came here to be part of
  • #521,666
  • May 20, 2020 4:48am May 20, 2020 4:48am
hit 20 pip sl , this pair so confuse up or down
  • #521,667
  • May 20, 2020 4:50am May 20, 2020 4:50am
Quoting hocius
I'll test some shorts
price is about to break the trend line , wait for revarsal , or at least for break down
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yes yes yes
  • #521,668
  • May 20, 2020 4:53am May 20, 2020 4:53am
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should get more idea here long to 2300 or back shorting
  • #521,669
  • May 20, 2020 4:56am May 20, 2020 4:56am
Quoting hocius
{quote} Last week u said up too
yes and i have also hold my long trades instead of trying to make many other trades long short long short long short with the result of just losing
  • #521,670
  • May 20, 2020 4:58am May 20, 2020 4:58am
Quoting hocius
I'll test some shorts
who short do you dont see the price is going up
  • #521,671
  • May 20, 2020 4:59am May 20, 2020 4:59am
Quoting Moty
{quote} price is about to break the trend line , wait for revarsal , or at least for break down {image}
i hope you will hold this time your longs instead of trying again to hustle in every direction
  • #521,672
  • May 20, 2020 5:01am May 20, 2020 5:01am
Quoting Moty
{quote} price is about to break the trend line , wait for revarsal , or at least for break down {image}
yes, it has reversed to test 1.2300 or more
Intraday only.
  • #521,673
  • May 20, 2020 5:04am May 20, 2020 5:04am
as for now hr4 still bulish
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trade safe
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #521,674
  • May 20, 2020 5:05am May 20, 2020 5:05am
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yes yes yes
  • #521,675
  • May 20, 2020 5:14am May 20, 2020 5:14am
Quoting navk
for sellers, stop must be 2270 today
Good job
  • #521,676
  • May 20, 2020 5:17am May 20, 2020 5:17am
Quoting Wavegarrick
{quote} Oki Doki, Strong levels at 1.2250 and up ahead. I don't rule out a retest of my weekly pivot at 1.21992. Having said, bulls still remain in charge and I could look to add buy entries on a retrace. Short scalpers could probably get something out of the deal here. Ultimately I would like to see price test my Yearly support 1 at 1.2302 and also my weekly resistance 1 at 1.23236. All the best Cheers. {image}
Hi Guys,
Buy entries added on the retrace. So far looking positive for bulls. Gov Bailey up in 3 hours 13 minutes. Anyway, all trades locked in and price must do what it has to.

Have a great day.
Cheers.
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Trade to trade another day
  • #521,677
  • May 20, 2020 5:21am May 20, 2020 5:21am
Do they want to take yesterday high (and stops) before downtrend??
  • #521,678
  • May 20, 2020 5:39am May 20, 2020 5:39am
2 scenarios
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yes yes yes
  • #521,679
  • May 20, 2020 5:39am May 20, 2020 5:39am
+62 pips for the morning, im done, after yesterday great day im not hungry for pips

trade safe all

(look out for BOE speech)



Joe
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  • #521,680
  • May 20, 2020 5:41am May 20, 2020 5:41am
Quoting Moty
2 scenarios {image}
wow..!!!
heavy long there
take care
just for a cup of coffee...
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