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Cable Update (GBPUSD)

  • #523,121
  • Edited 9:24pm May 26, 2020 9:10pm | Edited 9:24pm
Quoting thevisitor
{quote} .60 or .80 for me i am calling it a day
It is not so big as usual for me. But ok. This pair, I shall only short today.

I closed this in Tokyo.
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Intraday only.
  • #523,122
  • May 26, 2020 9:27pm May 26, 2020 9:27pm
Quoting ongtrumvn99
{quote} It is very risky because the number of green pips is not much. congratulations.
thanks..
i make them look more interesting..
small number but big dollars collects..
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just for a cup of coffee...
  • #523,123
  • May 26, 2020 9:28pm May 26, 2020 9:28pm
the gu gave up to the drop
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yes yes yes
  • #523,124
  • May 26, 2020 9:34pm May 26, 2020 9:34pm
BEWARE GUYS,

There is bounce near pivot, 2294.

To 2340/50.


Then drop again.
Break of 2350 will lead to 2404
Intraday only.
  • #523,125
  • May 26, 2020 9:45pm May 26, 2020 9:45pm
Its just a matter of time for gu to go up,anyway retraces
Are part ot it .

Take care folks
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #523,126
  • May 26, 2020 10:01pm May 26, 2020 10:01pm
for now I only focus on Buy positions for each level of decline
https://investizo.com/investment/view?server=1&login=2141779119
  • #523,127
  • May 26, 2020 10:03pm May 26, 2020 10:03pm
no short
only long
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SCALP WIN
  • #523,128
  • May 26, 2020 10:13pm May 26, 2020 10:13pm
Quoting navk
BEWARE GUYS, There is bounce near pivot, 2294. To 2340/50. Then drop again. Break of 2350 will lead to 2404
they will go to 1.22940 first and lower imo
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yes yes yes
  • #523,129
  • May 26, 2020 10:22pm May 26, 2020 10:22pm
NO SHORT
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SCALP WIN
  • #523,130
  • May 26, 2020 10:26pm May 26, 2020 10:26pm
Quoting ongtrumvn99
NO SHORT {image}
just for a cup of coffee...
  • #523,131
  • May 26, 2020 10:39pm May 26, 2020 10:39pm
I will look to buy any new hourly open/low but From
Frankfurt open and till my trend view won't change.
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #523,132
  • May 26, 2020 10:40pm May 26, 2020 10:40pm
the price should be contained below 2340.

Maximum 2350 today.

Only short for me today.

Beware of this moving average.
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Intraday only.
  • #523,133
  • May 26, 2020 10:43pm May 26, 2020 10:43pm
+58 pips scalped So far between cable and fiber plus some guppy. 5 minutes chart
  • #523,134
  • May 26, 2020 10:49pm May 26, 2020 10:49pm
Quoting navk
the price should be contained below 2340. Maximum 2350 today. Only short for me today. Beware of this moving average. {image}
Exactly, PA and setup are bearish since yesterday's London fix. Yet, everybody is buying. And below 2200 there were majority of short calls on monday. Always the wrong direction...
Everyone can see the chart, but only a few can actually read it.
  • #523,135
  • May 26, 2020 10:52pm May 26, 2020 10:52pm
Quoting OnlineAddict
{quote} Exactly, PA and setup are bearish since yesterday's London fix. Yet, everybody is buying. And below 2200 there were majority of short calls on monday. Always the wrong direction...
Yeah correct bit something fishy May happen look like it Will break upside 1.2360.lets ser How market react
  • #523,136
  • May 26, 2020 11:02pm May 26, 2020 11:02pm
Quoting OnlineAddict
{quote} Exactly, PA and setup are bearish since yesterday's London fix. Yet, everybody is buying. And below 2200 there were majority of short calls on monday. Always the wrong direction...
Looks like everybody selling..i like to be on the other side
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #523,137
  • May 26, 2020 11:08pm May 26, 2020 11:08pm
Quoting Moty
{quote} they will go to 1.22940 first and lower imo {image}
look at this PA ON 1 ST MAY.

And llok at the PA today.

Both have similarities.

And llok what happened at Pivot on 1 st May. There was little bounce at pivot then sold off.
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Intraday only.
  • #523,138
  • May 26, 2020 11:21pm May 26, 2020 11:21pm
2250 looks like an area to look for bullish action
Compulsions can be hard to resist
  • #523,139
  • May 26, 2020 11:24pm May 26, 2020 11:24pm
If Hourly close above 1.2340 it's will be sharply up.

Quoting trumps
2250 looks like an area to look for bullish action
Hr4 below that its definitely bears reverse
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #523,140
  • May 26, 2020 11:28pm May 26, 2020 11:28pm
Hello fellow traders..one point in yesterday movement is really threatening of collapse...That's the ASCENT was almost sharply vertical with almost no retraces all the way up...the past tells that all such movements end with dramatic collapse to the start point or even far beyond it...this is my input for the moment... my best wishes for you all.
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