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Cable Update (GBPUSD)

  • #524,061
  • May 29, 2020 7:28am May 29, 2020 7:28am
Quoting Georginson
{quote} Closed manually at 1.2365... Eurusd will drop and GBPUSD will likely follow. In addition, weekly range now 206 pips too much risk to hold the long here.
Yups, i agree.
  • #524,062
  • May 29, 2020 7:29am May 29, 2020 7:29am
Quoting joesherwood
{quote} who? if your gonna say all this at least say the person lol
You can see who i quote at early
  • #524,063
  • May 29, 2020 7:30am May 29, 2020 7:30am
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  • #524,064
  • May 29, 2020 7:32am May 29, 2020 7:32am
broke resistance for the week but bulls struggled top push beyond it much further, we may see another V form, or reaction take place, at this time of day i sit back and watch.

trade safe

Joe
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  • #524,065
  • May 29, 2020 7:33am May 29, 2020 7:33am
We broke the week high. I think we may just be having a retest.
Gone to a better place
  • #524,066
  • May 29, 2020 7:34am May 29, 2020 7:34am
Quoting joesherwood
broke resistance for the week but bulls struggled top push beyond it much further, we may see another V form, or reaction take place, at this time of day i sit back and watch. trade safe Joe {image}
Beat me!
Gone to a better place
  • #524,067
  • May 29, 2020 7:34am May 29, 2020 7:34am
price pulling back now.... ooooooooooh How i want to jump back in but I'm not sure with this powell speech@ 11
  • #524,068
  • May 29, 2020 7:34am May 29, 2020 7:34am
50% is 2330 61% is 2321 50% is or should be old tl breakout line which would be on the low side
  • #524,069
  • May 29, 2020 7:35am May 29, 2020 7:35am
couple more news from US to look forward to as well.
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  • #524,070
  • May 29, 2020 7:35am May 29, 2020 7:35am
Trailing HIT..now looking for short
https://investizo.com/investment/view?server=1&login=2141779119
  • #524,071
  • May 29, 2020 7:35am May 29, 2020 7:35am
Quoting smikester
We broke the week high. I think we may just be having a retest.
hehe
  • #524,072
  • May 29, 2020 7:39am May 29, 2020 7:39am
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SCALP WIN
  • #524,073
  • May 29, 2020 7:39am May 29, 2020 7:39am
Quoting elbert3
50% is 2330 61% is 2321 50% is or should be old tl breakout line which would be on the low side
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can down to my first break line sneeeky bb cable
  • #524,074
  • May 29, 2020 7:41am May 29, 2020 7:41am
Quoting elbert3
{quote}{image} can down to my first break line sneeeky bb cable
Watch reaction
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  • #524,075
  • May 29, 2020 7:42am May 29, 2020 7:42am
Quoting smikester
{quote} When I first started trading, a few years ago (lol), I was talking to a marine electrician and I was as high as a kite because I was £1,500 up on the day. I believe I had moved my stop loss to break even. Later in the day he came over and said "Have I done something wrong? You don't seem very happy?" And I had to apologise to him and explain my mood. I think I made about -£5.00 - anyway I never lost too much in this game, not being stupid, you know - but it felt like I had lost £1,500 at the time. That was on Gbp/Jpy. Very humbling.
Something like this happened to me with GBP/JPY as well, one morning there was a £38000 unrealised profit in the morning, by the afternoon it was all pulled back. Years ago, I was still at work at the time, but you bet I remember it well.. It was a weird day at the office lol
  • #524,076
  • May 29, 2020 7:42am May 29, 2020 7:42am
Quoting navk
{quote} it is very very little Moty. I expect today 2410 today. Remember month end and Friday. Expect one direction. IMO, 2365 MINIMUM.
FIRST target is hit and now will have to wait for next target.

Moty, your chice, if you wait for next target.
Intraday only.
  • #524,077
  • May 29, 2020 7:45am May 29, 2020 7:45am
starting to see some slight bull strength in the dollar... short term...probably gonna sit this one out ... Not pushing my luck on this pair this week ,lol
  • #524,078
  • May 29, 2020 7:46am May 29, 2020 7:46am
anoher engulfing candle , now to the down side for 18 pips on the daily r1
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yes yes yes
  • #524,079
  • May 29, 2020 7:52am May 29, 2020 7:52am
Quoting tehnoob
{quote} Something like this happened to me with GBP/JPY as well, one morning there was a £38000 unrealised profit in the morning, by the afternoon it was all pulled back. Years ago, I was still at work at the time, but you bet I remember it well.. It was a weird day at the office lol
Ah. So you are not teh noob at all...
Gone to a better place
  • #524,080
  • May 29, 2020 7:54am May 29, 2020 7:54am
Quoting Moty
anoher engulfing candle , now to the down side for 18 pips on the daily r1 {image}
Chart H1 have an diamond, be careful.

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