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Cable Update (GBPUSD)

  • #523,501
  • May 27, 2020 2:18pm May 27, 2020 2:18pm
Nice thread, Im going to subcribe! Cable is my favorite currency pair; I really like

Im not much of a long trader at all but I think they're going to drill the krep down like hell because these trade deal rounds with Europe dont look to be productive at all

Boris bluff already mentioning not to extend transition likely causing big sellings. Especialy next week as thats the round to decide wether or not to extend the transition period
Life is great!!
  • #523,502
  • May 27, 2020 2:25pm May 27, 2020 2:25pm
One more thing I expect - a drop on GU in 1h 08min.

If Falcon 9 launch goes well...

https://www.nasa.gov/content/live-la...-space-station
WT
  • #523,503
  • Edited 2:47pm May 27, 2020 2:31pm | Edited 2:47pm
Quoting Siame
{quote} SELL 1.22473 {image}
Bull or just correction not over yet, arround support now, may test minimum 2400/2465 + towards 2559/2632 if not go for limit test 2716 due to usdx pressure
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #523,504
  • May 27, 2020 2:38pm May 27, 2020 2:38pm
Quoting fontu
{quote} Bull or just correction not over yet, arround support now, may test minimum 2465 + towards 2559/2632 if not go for limit test 2716 due to usdx pressure {image}
The break down and close below the EMA gives me a bearish bias.
If it closes back above it I will flip bullish.
Until then , I will stay bearish.


Cheers
  • #523,505
  • May 27, 2020 2:41pm May 27, 2020 2:41pm
Well SpaceX is T- 1 hr for launch
live feed:
Inserted Video


So i decided to pile on the buys for the liftoff on this pair as well
Attached Image
in wondering about yourself, you forgot what you came here to be part of
  • #523,506
  • May 27, 2020 3:01pm May 27, 2020 3:01pm
I exit my long now at 1.2259 with 9 pips profit

I didn't like the last 4 hour closing its not good

I still think cable will go up as long 1.2150 is protecting us but I will just wait outside for better entry or signal
  • #523,507
  • May 27, 2020 3:04pm May 27, 2020 3:04pm
Quoting Forex.z1
{quote} Hey, got a question with regards to 200 EMA trading. I have this plotted on the chart too and what I do is that if the price is above the EMA I only look for BUY opportunities, and vice versa. I was wondering how you trade with the 200 EMA. If you don't mind me me asking? If anybody else has any put in this that would be really appreciated. Thanks.
Hi Forex,
sorry for my late response.
basically i'm not an "ema trader"
using 200 ema only for below/above...not more .
i could easily remove it from off my charts.
elbert, navk here in this thread are using different numbers.

my trading is based on price action without any indicator.
here on ff there's a thread
https://www.forexfactory.com/showthread.php?t=236210

you may find some helpful informations

regards
  • #523,508
  • May 27, 2020 3:07pm May 27, 2020 3:07pm
Quoting SimpleBoy
{quote} Moty even GU go against your last order I'm still admired your trading method. i think i may understand GU more from your method.So can you give me your template . I'm new in indicator stuff . if you aren't available to give me your indicator template .Can you tell me the name of your ma indicator that you use ? and what is your ma number you use in each lines ? Thank in advance man SB
here
Attached Image (click to enlarge)
Click to Enlarge Name: guh4.png Size: 25 KB
Attached File(s)
File Type: ex4 !!!-MT4 X-XARDFX-ADR D1.ex4   64 KB | 328 downloads
File Type: ex4 !SM_ADR_Marker.ex4   12 KB | 349 downloads
File Type: mq4 Auto Pivots.mq4   31 KB | 280 downloads
File Type: ex4 MA-in-Color_wAppliedPrice_v3.ex4   6 KB | 303 downloads
File Type: tpl template_name.tpl   19 KB | 318 downloads
yes yes yes
  • #523,509
  • May 27, 2020 3:10pm May 27, 2020 3:10pm
Quoting htcone
People expect next three days as a sell of but matter of fact is , buying would accelerate in next three days {image}
Instead selling accelerated in the next two days!
Data + Stat + Risk/Emotions Management
  • #523,510
  • May 27, 2020 3:25pm May 27, 2020 3:25pm
Quoting knkie
Well SpaceX is T- 1 hr for launch live feed: https://www.youtube.com/watch?v=aw2SXp5Fhps
Unfortunately launch stopped @ t -17min... Next attempt Saturday (markets closed, so this needs to be considered on Friday).
WT
  • #523,511
  • May 27, 2020 3:26pm May 27, 2020 3:26pm
As a still novice trader, i have been amazed about the last weeks by the dip mentality. I am not really used of this (off course only have a few months of chart time)... i am little supprised by this and wonder of this is a FOMO move on and on or algorithm trading maybe. I just cant believe that every dip is a but opportunity but that has really been the perfect trading plan for the last weeks now of May?!?
  • #523,512
  • May 27, 2020 3:29pm May 27, 2020 3:29pm
Quoting knkie
Well SpaceX is T- 1 hr for launch live feed: https://www.youtube.com/watch?v=aw2SXp5Fhps So i decided to pile on the buys for the liftoff on this pair as well {image}
well Space X scrubbeddue to weather
so I scrubbed my liftoff as well with BE thnx to the first early entry.

Its just not happening at this late in the evening...

take care
in wondering about yourself, you forgot what you came here to be part of
  • #523,513
  • May 27, 2020 3:31pm May 27, 2020 3:31pm
Quoting Bartosz77
{quote} Unfortunately launch stopped @ t -17min... Next attempt Saturday (markets closed, so this needs to be considered on Friday).
ah cool that you were watching too
The weather just wasnt working out

Too dangerous with real humans in the capsule lol

Very exciting though ! I cant wait till saturday.

Did you see that the astronauts were driven to the rocket in TESLA's ! hahah Go Elon...
in wondering about yourself, you forgot what you came here to be part of
  • #523,514
  • May 27, 2020 4:09pm May 27, 2020 4:09pm
Attached Image (click to enlarge)
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up or down
  • #523,515
  • May 27, 2020 4:12pm May 27, 2020 4:12pm
Quoting knkie
{quote} just my 2 cents: i learned ALOT from this guy: https://www.forexfactory.com/digger1 follow him. He uses multiple levels and lots of them are MA200's... After that you can decide what you want to use in your own method of trading and make it your own style.
yes, the multi million dollar farmer with no losses..
no offense..
  • #523,516
  • May 27, 2020 4:55pm May 27, 2020 4:55pm
Quoting thevisitor
{quote} yes, the multi million dollar farmer with no losses.. no offense..
none taken

i learned alot from him about levels.
if its not your style thats ok
in wondering about yourself, you forgot what you came here to be part of
  • #523,517
  • May 27, 2020 5:09pm May 27, 2020 5:09pm
Quoting Moty
The gu is bearish in all tf beside 5m and 1m and h4 {image} {image}
Attached Image (click to enlarge)
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Together we can be strongest
Vantage Return This Month: na
  • #523,518
  • May 27, 2020 5:24pm May 27, 2020 5:24pm
Quoting thevisitor
{quote} Hi Forex, sorry for my late response. basically i'm not an "ema trader" using 200 ema only for below/above...not more . i could easily remove it from off my charts. elbert, navk here in this thread are using different numbers. my trading is based on price action without any indicator. here on ff there's a thread https://www.forexfactory.com/showthread.php?t=236210 you may find some helpful informations regards
My old mate dig . He has not been here for some time . I will have to go find him .
  • #523,519
  • May 27, 2020 5:50pm May 27, 2020 5:50pm
5 min consolidation trying to. One together . It’s going to take some time so zzzxxtime
  • #523,520
  • May 27, 2020 7:15pm May 27, 2020 7:15pm
Try some bear. Looking good resistance @122600
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