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Cable Update (GBPUSD)

  • #521,861
  • May 20, 2020 11:41pm May 20, 2020 11:41pm
Quoting Moty
ALL OUT AT WEEKLY PIVOT . yesterday profit closed on 375 $ , all the loss of day before ( 280 ) came back with interest waiting for a pull back or in other words ... i will sell new hourly low {image} {image} {image} {image}
London open would be selling point. Until such time, retrace.

and at london open, if sell condition prevails.
Intraday only.
  • #521,862
  • May 21, 2020 12:39am May 21, 2020 12:39am
Hello everybody, i would like to share my view for today, price now is around 1.2190..i think it will dip further to 65-75 zone..then i expect a a pullback to 1.22 30-50 zone again where sells would be ideal in my view...trend as i believe iz DOWN, no longs but shorting from the highs...my best wishes for you all.
  • #521,863
  • May 21, 2020 12:43am May 21, 2020 12:43am
Quoting Siame
{quote} The plan is still the same. A close below Monday's High, good for my SELL bias. Until then I'll wait. {image}

Ecpecting a bounce at Tuesday's Low
  • #521,864
  • May 21, 2020 12:45am May 21, 2020 12:45am
well, 2170 is eyed now.

then a pull back
Intraday only.
  • #521,865
  • May 21, 2020 12:52am May 21, 2020 12:52am
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yes yes yes
  • #521,866
  • May 21, 2020 12:55am May 21, 2020 12:55am
Quoting navk
well, 2170 is eyed now. then a pull back
London should do their usual madness with a furious 20-30 pip 15min candle dip and hit that 2170 and then retrace towards the daily pivot (if at all they can touch that). N.Y. might then send it spiralling down. Just a thought.
  • #521,867
  • May 21, 2020 1:20am May 21, 2020 1:20am
Quoting Blaxst3r
{image}{image}
Have you been stopped out with these trades? if so, unlucky. Maybe shot a bit early for a long.

I think a good level for long bias traders would be around 1.215. Nothing really stopping price visiting that level, although I do think it will progress below.
Keep it simple stupid
  • #521,868
  • May 21, 2020 1:20am May 21, 2020 1:20am
Quoting Mitiblotch
{quote} London should do their usual madness with a furious 20-30 pip 15min candle dip and hit that 2170 and then retrace towards the daily pivot (if at all they can touch that). N.Y. might then send it spiralling down. Just a thought.
another thought.

Frankfurt usually finds a low or high.

Now that frankfurt has seen low 2185. This is daily s2.

From here, I feel we might see daily pivot.

Then 5 pm est candle support is important too.
Intraday only.
  • #521,869
  • May 21, 2020 1:26am May 21, 2020 1:26am
Quoting navk
{quote} another thought. Frankfurt usually finds a low or high. Now that frankfurt has seen low 2185. This is daily s2. From here, I feel we might see daily pivot. Then 5 pm est candle support is important too.
Frankfurt have a holiday today.
Focus.
  • #521,870
  • May 21, 2020 1:37am May 21, 2020 1:37am
Quoting Marco-Kanto
{quote} Frankfurt have a holiday today.
yeah.

Then London low might be the one for retrace
Intraday only.
  • #521,871
  • May 21, 2020 1:39am May 21, 2020 1:39am
Most of Friday is only one direction
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  • #521,872
  • May 21, 2020 1:46am May 21, 2020 1:46am
Quoting SCopier
Most of Friday is only one direction {image}
Dude, it's Thursday
Focus.
  • #521,873
  • May 21, 2020 1:50am May 21, 2020 1:50am
Quoting Marco-Kanto
{quote} Dude, it's Thursday
Thats why today is good for shorting
  • #521,874
  • May 21, 2020 1:54am May 21, 2020 1:54am
Lo-hi on M5. PA has closed above M5 average. Long 2197, SL 2185, TP 2125
  • #521,875
  • May 21, 2020 1:54am May 21, 2020 1:54am
Quoting SCopier
{quote} Thats why today is good for shorting
See what you mean now. My bad
Focus.
  • #521,876
  • May 21, 2020 1:57am May 21, 2020 1:57am
IMO,

today the price will pull back.

Tomorrow short.

Today pull back close to 2262/2276
Intraday only.
  • #521,877
  • May 21, 2020 1:59am May 21, 2020 1:59am
Quoting Marco-Kanto
{quote} See what you mean now. My bad
frankfurt open or closed,

Price action happens.

Low formed.
Intraday only.
  • #521,878
  • May 21, 2020 2:00am May 21, 2020 2:00am
Quoting navk
IMO, today the price will pull back. Tomorrow short. Today pull back close to 2262/2276
A spike is coming. The chart says so. Lol... At least 2227 should be seen.
  • #521,879
  • May 21, 2020 2:01am May 21, 2020 2:01am
Quoting Mitiblotch
{quote} A spike is coming. The chart says so. Lol... At least 2227 should be seen.
more
Intraday only.
  • #521,880
  • May 21, 2020 2:03am May 21, 2020 2:03am
Quoting Marco-Kanto
{quote} See what you mean now. My bad
I am not a scalper, so everything is still good
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