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Cable Update (GBPUSD)

  • #522,761
  • May 25, 2020 10:44pm May 25, 2020 10:44pm
Quoting ongtrumvn99
{quote} ADD SHORT 1.2212
Slowly bro.
  • #522,762
  • May 25, 2020 10:50pm May 25, 2020 10:50pm
Open Short at 1.2213 SL 30 Pips TP open
  • #522,763
  • May 25, 2020 10:59pm May 25, 2020 10:59pm
Quoting navk
{quote} Moty, wake up. The price likely to test 2165 again today. It has hit resistance now.
i was sleeping until now .
in my country the time is 7 o'clock in the morning now .
my tp was hit in the night at 1.22190 , and i re- entered again at 1.22000 .
after adr of 46 pips in the last 5 days
in a pair with adr of 86 pips in the last 14 days ,
i think we deserve a day of 90 pips and more
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yes yes yes
  • #522,764
  • May 25, 2020 11:01pm May 25, 2020 11:01pm
The market only moves according to these 6 models.
Attached Image (click to enlarge)
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SCALP WIN
  • #522,765
  • May 25, 2020 11:05pm May 25, 2020 11:05pm
Quoting Moty
{quote} i was sleeping until now . in my country the time is 7 o;clock in the morning now . my tp was hit in the night at 1.22190 , and i re- entered again at 1.22000 . after adr of 46 pips in the last 5 days in a pair with adr of 86 pips in the last 14 days , i think we deserve a day of 90 pips and more {image}
you are doing well
  • #522,766
  • May 25, 2020 11:12pm May 25, 2020 11:12pm
Quoting Moty
{quote} i was sleeping until now . in my country the time is 7 o'clock in the morning now . my tp was hit in the night at 1.22190 , and i re- entered again at 1.22000 . after adr of 46 pips in the last 5 days in a pair with adr of 86 pips in the last 14 days , i think we deserve a day of 90 pips and more {image} {image}
not sure.

2225 should resist today.
Intraday only.
  • #522,767
  • May 25, 2020 11:17pm May 25, 2020 11:17pm
Quoting sartu
Open Short at 1.2213 SL 30 Pips TP open
will profit
SCALP WIN
  • #522,768
  • May 25, 2020 11:26pm May 25, 2020 11:26pm
Quoting navk
{quote} not sure. 2225 should resist today.
there is nothing there.
daily pivot lines are not effective today .
there make prediction according to yesterday's move , and yesterday was a false one because the holiday .
i am counting only on the weekly pivot lines , at least until we get a proper movement
Attached Image (click to enlarge)
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crooks false breaks and counter distribution dumb
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yes yes yes
  • #522,769
  • May 25, 2020 11:45pm May 25, 2020 11:45pm
Quoting ongtrumvn99
The market only moves according to these 6 models. {image}
Which one are we at sir?
In It To Win
  • #522,770
  • May 26, 2020 12:04am May 26, 2020 12:04am
Quoting ongtrumvn99
DOWN {image} {image}
The highest number is 1.2240؟

DOWN؟
  • #522,771
  • May 26, 2020 12:15am May 26, 2020 12:15am
I invite you to watch


https://www.tradingview.com/chart/GB...RAME-ANALYSIS/
  • #522,772
  • May 26, 2020 12:41am May 26, 2020 12:41am
Quoting Moty
{quote} crooks false breaks and counter distribution dumb

Not crooks. Remember from earlier in May?

Pirates!

Yarr!!
Attached Image(s) (click to enlarge)
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  • #522,773
  • May 26, 2020 12:45am May 26, 2020 12:45am
GBP may extend its gain to wipe out all shorts before goin down.. 1.23 is possible
Forex Learner
  • #522,774
  • May 26, 2020 12:49am May 26, 2020 12:49am
Updated daily pirate chart.

I am still long GBP from last Friday. Yarrr!!
Attached Image (click to enlarge)
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  • #522,775
  • May 26, 2020 1:05am May 26, 2020 1:05am
Quoting OnlineAddict
{quote} I think we will break friday's resistance of 2219(from Frankfurt to London and NY) easily...2230-50 minimum, possible break above 2300 next week.
Done.
Everyone can see the chart, but only a few can actually read it.
  • #522,776
  • May 26, 2020 1:14am May 26, 2020 1:14am
Quoting navk
{quote} not sure. 2225 should resist today.
i think you meant 1.22500 , now i see that , maybe i will exit there and wait for retrace and re enter .
will trail stop loss it with the 1m chart 50 sma band
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yes yes yes
  • #522,777
  • May 26, 2020 1:15am May 26, 2020 1:15am
Quoting tehnoob
Updated daily pirate chart. I am still long GBP from last Friday. Yarrr!! {image}
If this broken number
1.2335
  • #522,778
  • May 26, 2020 1:21am May 26, 2020 1:21am
Quoting M.Wizard
{quote} 1.2335
The circled highs are all pirate puffer fish feeding points. People who are short from higher will have placed stops there.

You think the pirate puffer fish swarm will stop at 1.2332? Maybe. But that would leave more than half of the food still on the table. And that'd be a shame
Attached Image (click to enlarge)
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  • #522,779
  • May 26, 2020 1:26am May 26, 2020 1:26am
From 5m to 1h the GBP is going into overbought conditions, maybe it will run out of steam soon.
Patience and Discipline.
  • #522,780
  • May 26, 2020 1:30am May 26, 2020 1:30am
Quoting Stefan90csk
From 5m to 1h the GBP is going into overbought conditions, maybe it will run out of steam soon.
Perhaps. But remember: the beginning of a strong new uptrend always shows up as heavily "overbought"

I commented on the danger of overbought/oversold indicators yesterday, on this thread
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Olu