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Cable Update (GBPUSD)

  • #522,121
  • May 21, 2020 11:31am May 21, 2020 11:31am
I am still short with SL 1.2300

but the moment my SL will get hit I will flip to buy and target 1.2550
  • #522,122
  • May 21, 2020 11:34am May 21, 2020 11:34am
A part of me feels this is headed to 2300...But there is SOOOOOOOO many bears out it makes me wonder...so which probably means it is bullish lol
  • #522,123
  • May 21, 2020 11:37am May 21, 2020 11:37am
We'll probably see just that today. Spool H4
Until tomorrow, gentlemen
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  • #522,124
  • May 21, 2020 11:40am May 21, 2020 11:40am
Quoting GGekkoGreed
A part of me feels this is headed to 2300...But there is SOOOOOOOO many bears out it makes me wonder...so which probably means it is bullish lol
hopefully, it is Gonna be bullish, I have bought at 1.22180 and targeting 1.22900.
  • #522,125
  • May 21, 2020 11:44am May 21, 2020 11:44am
Found this off of Investing.com...
Inserted Video
My Future is so Bright I gotta wear Shades! https://www.youtube.com/watch?v
  • #522,126
  • May 21, 2020 11:47am May 21, 2020 11:47am
Quoting Coreg2004
{quote} Moty, yesterday was inside day/ harami...just follow the rules on how to trade it... {image}
i don't trade candle sticks

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  • #522,127
  • May 21, 2020 12:09pm May 21, 2020 12:09pm
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as I said sneeeky cable
  • #522,128
  • May 21, 2020 12:23pm May 21, 2020 12:23pm
CALLING MR POWELL
Get things fixed
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yes yes yes
  • #522,129
  • May 21, 2020 12:31pm May 21, 2020 12:31pm
H1 price below 200ema

good things takes time
1.2250 to crack
only a matter of time

don't follow me!!!!
sl below 1.2180
  • #522,130
  • May 21, 2020 12:38pm May 21, 2020 12:38pm
Quoting Moty
CALLING MR POWELL Get things fixed {image}

Mr. Powell please wake up bears
  • #522,131
  • May 21, 2020 12:46pm May 21, 2020 12:46pm
USA is us . News on 39 million unemployed
  • #522,132
  • May 21, 2020 12:55pm May 21, 2020 12:55pm
Im really hoping bears come into play. Already on sells.
  • #522,133
  • May 21, 2020 12:57pm May 21, 2020 12:57pm
Quoting seincard
{quote} Mr. Powell please wake up bears
Haha this is little bit like a joke with powel, one day all to hell next day all good after summer... I think the banks/big boys love him, dont think they care what he has to say, but for sure they know that his speaches brings in lots of liquidity to the markets so just to make a flush around and take out all stops hehe :-?
  • #522,134
  • May 21, 2020 1:01pm May 21, 2020 1:01pm
Quoting seincard
{quote} Mr. Powell please wake up bears
I pray so too
  • #522,135
  • May 21, 2020 1:02pm May 21, 2020 1:02pm
Quoting thevisitor
{quote} i don't trade candle sticks {image}
Yeah i bought a book on candlesticks by stephen bigelow and like i tried to force myself to read it and it just didn't hold much weight... esp in fx. Maybe it's more of an equities play? lol... banks and what not run the price... not retail so i doubt the "Patterns" mean much
  • #522,136
  • May 21, 2020 1:11pm May 21, 2020 1:11pm
Quoting GGekkoGreed
{quote} Yeah i bought a book on candlesticks by stephen bigelow and like i tried to force myself to read it and it just didn't hold much weight... esp in fx. Maybe it's more of an equities play? lol... banks and what not run the price... not retail so i doubt the "Patterns" mean much
Used to matter in those days in currencies. Now, useless. Price can paint all the good candlestick patterns plus even volume and before you blinking goes very opposite. Especially this unstable pair.
  • #522,137
  • May 21, 2020 1:18pm May 21, 2020 1:18pm
Quoting thevisitor
{quote} i don't trade candle sticks {image}
thevisitor, I don't use them too, but I know what traders who use them will do... I entered short during the Tokyo session so my pattern 12345 can be completed and inside day/doji confirmed direction when the YL was taken out...Now we have indecision after indecision and GU stays between S1 and PP.
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Always trade your own plan...I don't provide trading signals.
  • #522,138
  • May 21, 2020 1:22pm May 21, 2020 1:22pm
Quoting Mitiblotch
{quote} Used to matter in those days in currencies. Now, useless. Price can paint all the good candlestick patterns plus even volume and before you blinking goes very opposite. Especially this unstable pair.
don't forget the accuracity of 60%
much more than a fancy trading system with lagging indicators and poor mm
as i said, dont trading candle stick
  • #522,139
  • May 21, 2020 1:25pm May 21, 2020 1:25pm
https://www.federalreserve.gov/live-broadcast.htm
  • #522,140
  • May 21, 2020 1:26pm May 21, 2020 1:26pm
Quoting Coreg2004
{quote} thevisitor, I don't use them too, but I know what traders who use them will do... I entered short during the Tokyo session so my pattern 12345 can be completed and inside day/doji confirmed direction when the YL was taken out...Now we have indecision after indecision and GU stays between S1 and PP. {image}
Yes coreg, indecision the whole day....
stick to your plan and i know you are right!!
respect
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