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Cable Update (GBPUSD)

  • #521,741
  • May 20, 2020 8:30am May 20, 2020 8:30am
Quoting gespiri
{quote} My Japanese friend-sushi chef would be very interested in your puffer fish.
It's precious to me! Wouldn't sell it
Attached Image
  • #521,742
  • May 20, 2020 8:30am May 20, 2020 8:30am
Gartley or Crab pattern?...
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Always trade your own plan...I don't provide trading signals.
  • #521,743
  • May 20, 2020 8:31am May 20, 2020 8:31am
Quoting abhilash
{quote} Its going up, clearly shown in the daily and 4hr. BTW I am not scalping. 1.2338 should be next.
when you’re not scalping so will have different view from scalpers mate..
yes seem strong but beware the sudden smackdown
just for a cup of coffee...
  • #521,744
  • May 20, 2020 8:38am May 20, 2020 8:38am
the spike is here , new daily high
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yes yes yes
  • #521,745
  • May 20, 2020 8:38am May 20, 2020 8:38am
Bailey: Bank of England Monetary Policy Reports to Treasury Committee

https://parliamentlive.tv/Event/Inde...9-81d92c8f42fa
  • #521,746
  • May 20, 2020 8:44am May 20, 2020 8:44am
GU have 3 scenarios

I am still hoping for red or green and doubting pink
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  • #521,747
  • May 20, 2020 8:55am May 20, 2020 8:55am
Bailey talking about negative interest rates. Saying they won't rule it out
Discipline is key
  • #521,748
  • May 20, 2020 9:06am May 20, 2020 9:06am
Quoting Agu
Bailey talking about negative interest rates. Saying they won't rule it out
need my KaBooooM
just for a cup of coffee...
  • #521,749
  • May 20, 2020 9:09am May 20, 2020 9:09am
What I don't like about this is how the prices are stuck under the 38.2fib of 1.2292........
The 4hr looks great atm, but that fib level is bothering me.
Lost....
  • #521,750
  • May 20, 2020 9:21am May 20, 2020 9:21am
Price action too sluggish
Patience.....
  • #521,751
  • May 20, 2020 9:23am May 20, 2020 9:23am
Negative comments from Bailey + the DXY closing the gap... guess where the price is headed
Patience and Discipline.
  • #521,752
  • May 20, 2020 9:38am May 20, 2020 9:38am
Quoting Stefan90csk
Negative comments from Bailey + the DXY closing the gap... guess where the price is headed
up up up
  • #521,753
  • May 20, 2020 9:40am May 20, 2020 9:40am
Quoting Moty
the spike is here , new daily high {image} {image}
Touching the top i'll go with you

Pending buy stop = 1.2285

Target = 1.2465

Stop Loss = 1.2225

.
Together we can be strongest
Vantage Return This Month: na
  • #521,754
  • May 20, 2020 10:03am May 20, 2020 10:03am
it don't going to break today , if at all .
put my tp at 1.22697 , at least i get some profit .
dx closed his gap , can revarse
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yes yes yes
  • #521,755
  • May 20, 2020 10:07am May 20, 2020 10:07am
all out !!
1.22697 .
160 $ came back from tomorrow lose of 210 , i'm happy pappy
waiting for price to go down below 50 sma low to sell
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yes yes yes
  • #521,756
  • May 20, 2020 10:08am May 20, 2020 10:08am
this is 30 min chart with weekly pivots.

The Pivot says, the the week has to close with bearish or doji candle.
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Intraday only.
  • #521,757
  • May 20, 2020 10:09am May 20, 2020 10:09am
Common when price want go up ?! Hange it there move
  • #521,758
  • May 20, 2020 10:16am May 20, 2020 10:16am
1.2330-1 24
only my.view

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  • #521,759
  • May 20, 2020 10:18am May 20, 2020 10:18am
Interesting times today - the UK gov published its manifesto on Northern Ireland
Inflation has dropped.
Bailey said that the BOE were looking at neg interest rates
UKs 2 year yields went negative - not a good sign really.
So if you buy a 2 year bond- you will get back less than you paid for it
So why would you do that
Did a bit a scalping over the last hour - think 30 pips
Plus some fix stuff.
At least the weather is nice
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #521,760
  • May 20, 2020 10:20am May 20, 2020 10:20am
back to the original plan
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yes yes yes
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