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Cable Update (GBPUSD)

  • #522,501
  • May 22, 2020 10:23am May 22, 2020 10:23am
Quoting Coreg2004
{quote} ozalid, I had also thought about 1.2140 (AB=CD) as my target but I settled on 1.2169...Thanks for the "triangle" saved me a lot of aggravation because I entered the short trade during the Tokyo session on the 3rd touch. {image}
The market itself does not know which way it wants to go. I will not be surprised how it goes today to 1.2140
It is possible that it is preparing for 1.2320. No one knows. It is certain that it is in consolidation and should not be played at this time
  • #522,502
  • May 22, 2020 10:26am May 22, 2020 10:26am
Quoting DailyChart
Seem most of everyone starting long here ? Ok I am adding SHORT ! keep add long ya so I can took all of your money
this post is inspiring...very helpful.. lol
  • #522,503
  • May 22, 2020 10:27am May 22, 2020 10:27am
Quoting ozalid
{quote} The market itself does not know which way it wants to go. I will not be surprised how it goes today to 1.2140 It is possible that it is preparing for 1.2320. No one knows. It is certain that it is in consolidation and should not be played at this time
It's launched itself up to the 30m 50ema and shot back down. If were a betting man I'd say it was going down.
Focus.
  • #522,504
  • May 22, 2020 10:28am May 22, 2020 10:28am
Quoting DailyChart
Seem most of everyone starting long here ? Ok I am adding SHORT ! keep add long ya so I can took all of your money
But who cares?
  • #522,505
  • May 22, 2020 10:30am May 22, 2020 10:30am
Quoting Marco-Kanto
{quote} It's launched itself up to the 30m 50ema and shot back down. If were a betting man I'd say it was going down.
Trading have some motiv of betting buddy.
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #522,506
  • May 22, 2020 10:31am May 22, 2020 10:31am
Quoting ozalid
{quote} But who cares?
The money we earn and Withdrawal is the name of the Game

So did I care about who you are and what did you do ? Lolz
  • #522,507
  • May 22, 2020 10:32am May 22, 2020 10:32am
Quoting GGekkoGreed
{quote} this post is inspiring...very helpful.. lol
Save my words here
1.20
  • #522,508
  • May 22, 2020 10:34am May 22, 2020 10:34am
Opps
Attached Image
Attached Image (click to enlarge)
Click to Enlarge Name: CamScanner 05-22-2020 18.33.17_1.jpg Size: 175 KB
yes yes yes
  • #522,509
  • May 22, 2020 10:35am May 22, 2020 10:35am
Quoting Moty
{quote} what !?!? you are going now ? when the pull back to yesterday's low had completed ? now all the fun begin , drop drop like a stone , 50 pips below {image}

Thank you Moty
But I was busy
When it's time to go, I just go. I've got my daily target, and it's friday
On Monday I will look for resistance to short again (until the daily trend is short)

Don't take all the pips leave some for other traders
  • #522,510
  • May 22, 2020 10:38am May 22, 2020 10:38am
Quoting Almo2312
{quote} Trading have some motiv of betting buddy.
I know, I was trying to be ironic but it doesn't work in writing!
Focus.
  • #522,511
  • May 22, 2020 10:39am May 22, 2020 10:39am
Quoting ozalid
{quote} The market itself does not know which way it wants to go. I will not be surprised how it goes today to 1.2140 It is possible that it is preparing for 1.2320. No one knows. It is certain that it is in consolidation and should not be played at this time
ozalid, anything possible, yesterday I even fantasized about bat pattern... but too many green bars in every swing and I dropped the idea.
Attached Image (click to enlarge)
Click to Enlarge Name: GU05.22.30M.e.png Size: 129 KB
Always trade your own plan...I don't provide trading signals.
  • #522,512
  • May 22, 2020 10:44am May 22, 2020 10:44am
The bulls have made it tight for themselves. They allowed the bears to push them below the M5 average and they're finding it a mountain to climb. The bearish engulfer on M30 does not help their course at all.

2200 again today? Very tough
  • #522,513
  • May 22, 2020 10:50am May 22, 2020 10:50am
+82 pips today scalping cable and fiber.
  • #522,514
  • May 22, 2020 11:03am May 22, 2020 11:03am
Quoting Bydyke
The bulls have made it tight for themselves. They allowed the bears to push them below the M5 average and they're finding it a mountain to climb. The bearish engulfer on M30 does not help their course at all. 2200 again today? Very tough
Minimum Hourly
  • #522,515
  • May 22, 2020 11:05am May 22, 2020 11:05am
Raise all of your hands today,
Who are Long beside OngTrum ? and Let me prove you guys Too ReThink your mind again how this Price Works Pips by Pips

Next is 1.207
  • #522,516
  • May 22, 2020 11:05am May 22, 2020 11:05am
Quoting DailyChart
{quote} The money we earn and Withdrawal is the name of the Game So did I care about who you are and what did you do ? Lolz
Basis. If the trader does not understand the probability rules prevailing on the stock exchange, he will never be a trader earning in the long run. By reading your posts it is clear that you do not understand this probability.
  • #522,517
  • May 22, 2020 11:07am May 22, 2020 11:07am
Quoting ozalid
{quote} Basis. If the trader does not understand the probability rules prevailing on the stock exchange, he will never be a trader earning in the long run. By reading your posts it is clear that you do not understand this probability.
Oh Yes I Dont understand
Do you ?

London is Close,Talk next time
Time for Sleep
  • #522,518
  • May 22, 2020 11:10am May 22, 2020 11:10am
Quoting Marco-Kanto
{quote} It's launched itself up to the 30m 50ema and shot back down. If were a betting man I'd say it was going down.
The above followed by a bearish engulfing 1h. PA is now SCREAMING.
Focus.
  • #522,519
  • May 22, 2020 11:13am May 22, 2020 11:13am
Quoting Aghostinplai
+82 pips today scalping cable and fiber.
For a retail trader this is really good
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #522,520
  • May 22, 2020 11:26am May 22, 2020 11:26am
Oh la la, the bulls have recaptured the M5 average. Can they make it count?
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