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Cable Update (GBPUSD)

  • #522,301
  • May 22, 2020 2:52am May 22, 2020 2:52am
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  • #522,302
  • May 22, 2020 2:52am May 22, 2020 2:52am
I wouldn't be surprised if we get back to the opening line of the week today.
This week opens with a super-aggressive bulls run , which managed to confuse me and others i believe ,
the crooked pattern of the head and shoulders in the daily graph is also misleading.
Friday is a day that if it starts strong in a certain direction, then it goes on and on and ends strong,
so do not try to catch a correction or reversal,
because it will not and if it will , it will be very small and will probably complicate you.
sell in May and עם to the bay
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yes yes yes
  • #522,303
  • May 22, 2020 2:52am May 22, 2020 2:52am
Quoting Agu
Play around 2164-70 a while Then Next stop 21......
2164 tryna hold the bears but not for long.

You don't try to catch a falling knife. You let it fall and then pick it up.
Discipline is key
  • #522,304
  • May 22, 2020 2:53am May 22, 2020 2:53am
Quoting Craven64
{quote} "If most traders could learn to sit on their hands 50% of the time, they would make a lot more money" Great quote
We're monkeys! Lol
Gone to a better place
  • #522,305
  • May 22, 2020 2:56am May 22, 2020 2:56am
Quoting navk
{quote} long ? 2178 ? why ?
Trying to jump a 1 min bull candle after 2175 sort of held . Can’t get it right all of the time . I never waited hence back short on the break . It will correct soon for big lot scalp . I will keep you posted regards
  • #522,306
  • May 22, 2020 2:58am May 22, 2020 2:58am
sell in may and leave away , we have 1 week ahead guy , something big for the next week
  • #522,307
  • May 22, 2020 2:59am May 22, 2020 2:59am
Quoting elbert3
{quote} Trying to jump a 1 min bull candle after 2175 sort of held . Can’t get it right all of the time . I never waited hence back short on the break . It will correct soon for big lot scalp . I will keep you posted regards
the counter trend trades usually kill us. Have seen many a times.

Atleast, if the daily candle for the particular day is bearish, we should avoid long
Intraday only.
  • #522,308
  • May 22, 2020 3:01am May 22, 2020 3:01am
my hr4 chart will close candle one hour from now,i want to see it close below the 1.2180 lets see

trade safe
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #522,309
  • May 22, 2020 3:02am May 22, 2020 3:02am
retrace towards 2185/90 / 2200 would give short opportunity again.
Intraday only.
  • #522,310
  • May 22, 2020 3:02am May 22, 2020 3:02am
Quoting navk
{quote} the counter trend trades usually kill us. Have seen many a times. Atleast, if the daily candle for the particular day is bearish, we should avoid long
yes buddy i think yesterday i told weekly is fine bearish..

trade safe and very well done M.r Asia trader
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #522,311
  • May 22, 2020 3:03am May 22, 2020 3:03am
Quoting navk
retrace towards 2185/90 / 2200 would give short opportunity again.
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looks better
  • #522,312
  • May 22, 2020 3:04am May 22, 2020 3:04am
Quoting akim0895
{quote} likely need to learn more from you about to be swings or long term traders.. maybe i’m only a scalper or short term traders.. if like that i need to learn more.. how about this short..is its still short term traders? {image}
Stop teasing me mate, I know you are a top trader.
Data + Stat + Risk/Emotions Management
  • #522,313
  • May 22, 2020 3:04am May 22, 2020 3:04am
Quoting elbert3
{quote} {image} looks better
2185/90 should be the one.
Intraday only.
  • #522,314
  • May 22, 2020 3:05am May 22, 2020 3:05am
Quoting ongtrumvn99
Add long 1.2170, stop loss 1.2130
UP
Attached Image
SCALP WIN
  • #522,315
  • May 22, 2020 3:07am May 22, 2020 3:07am
Quoting Almo2312
my hr4 chart will close candle one hour from now,i want to see it close below the 1.2180 lets see trade safe
2160 should hold.

The 5 am est 4 hr candle open.
Intraday only.
  • #522,316
  • May 22, 2020 3:09am May 22, 2020 3:09am
Could also wait for the market to come to ya, if you're short term bullish and suspect a bear trap

Something like this
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  • #522,317
  • May 22, 2020 3:11am May 22, 2020 3:11am
Quoting Georginson
{quote} Stop teasing me mate, I know you are a top trader.
be cool..
wokey
just for a cup of coffee...
  • #522,318
  • May 22, 2020 3:11am May 22, 2020 3:11am
I HAVE COME
Attached Image
SCALP WIN
  • #522,319
  • May 22, 2020 3:11am May 22, 2020 3:11am
Be careful. Real move will start.
If you bear, cash collect some.
  • #522,320
  • May 22, 2020 3:13am May 22, 2020 3:13am
Quoting ongtrumvn99
I HAVE COME {image}
my humble opinion is at least more 200 pips down not today but its started

Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
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