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Cable Update (GBPUSD)

  • #524,561
  • Jun 1, 2020 10:43am Jun 1, 2020 10:43am
With my very clear and accurate goals that helped me earn a lot of pips.
SCALP WIN
  • #524,562
  • Jun 1, 2020 10:45am Jun 1, 2020 10:45am
as breaks up on supports so waiting arounds 2550 to more sell or so again. anyway shorts now to watch for 2424 limit before up.Take care
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #524,563
  • Jun 1, 2020 10:46am Jun 1, 2020 10:46am
Retest of trend line at 2420-2430 might happen , will it become a support?
little bit of sense, little bit of luck
Ktr Return This Month: na
  • #524,564
  • Jun 1, 2020 10:46am Jun 1, 2020 10:46am
now
Attached Image (click to enlarge)
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SCALP WIN
  • #524,565
  • Jun 1, 2020 10:47am Jun 1, 2020 10:47am
Quoting shahab8b
{quote} why would you place your SL at a round number? they are like S/R levels most of the time. I'm actually shorting it @ 1.25 if we get there today. {image} {image}
I put the stop at 1.2500 as the chance of hitting it based on daily range is very slim though can be shifted a bit to 1.2506 if under attack. New target is now 1.2280 and stand aside.
Data + Stat + Risk/Emotions Management
  • #524,566
  • Jun 1, 2020 10:52am Jun 1, 2020 10:52am
That's why I warned everyone short in the past, because I didn't want people to lose their money.
SCALP WIN
  • #524,567
  • Jun 1, 2020 10:52am Jun 1, 2020 10:52am
Quoting palpite
{quote} Let's see {image}
breaks limit 2424 and conform 2376 then all ok to down , good fakeout! anyway care about 2424 areas .lets see
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #524,568
  • Jun 1, 2020 10:54am Jun 1, 2020 10:54am
I was isolated and cursed. by touching them.
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SCALP WIN
  • #524,569
  • Jun 1, 2020 10:58am Jun 1, 2020 10:58am
Quoting ongtrumvn99
I was isolated and cursed. by touching them. {image}
Mate we get it, Move on.
  • #524,570
  • Jun 1, 2020 11:00am Jun 1, 2020 11:00am
I have warned many times: never choose to trade against the trend, it is not a good and sustainable method. It's like a poisoned cheese laced with cheese.
SCALP WIN
  • #524,571
  • Jun 1, 2020 11:00am Jun 1, 2020 11:00am
Quoting morfes2
https://youtu.be/RpB-VDZAII0
Inserted Video
  • #524,572
  • Jun 1, 2020 11:08am Jun 1, 2020 11:08am
add more buy
SL 50pips

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Not losing money is almost good as making money
  • #524,573
  • Jun 1, 2020 11:11am Jun 1, 2020 11:11am
Although I am not trading the GU, until perhaps tomorrow, presently, looking at price action, I expect a pullback. Price action is struggling a the 1.24800 zone and it is too far from the mean.

Whatever happens, trade safe.

KP
Do your homework, follow the footprints of smart money
  • #524,574
  • Jun 1, 2020 11:20am Jun 1, 2020 11:20am
to around 2420/25 then up again but not likely to break 2488.

So, if any one missed shorting at high, need not worry.

Tomorrow in London, there will be chance.
Intraday only.
  • #524,575
  • Jun 1, 2020 11:26am Jun 1, 2020 11:26am
Quoting fontu
as breaks up on supports so waiting arounds 2550 to more sell or so again. anyway shorts now to watch for 2424 limit before up.Take care {image}
I'm waiting at least an pullback H1, after this i'll wait again.
Together we can be strongest
Vantage Return This Month: na
  • #524,576
  • Jun 1, 2020 11:39am Jun 1, 2020 11:39am
Quoting Wavegarrick
{quote} Hi Guys, Been a tough pair to trade indeed, nevertheless, I am in with my shorts currently all locked in and price must do what it has to. Even though we are in a short swing at the moment I am kinda worried that price shows little conviction to the short side and things could change on a dime. All the best for next week. Cheers. {image}
Hi Guys,
Have not had much time to post here of late. My previous shorts were all taken out at locked in pips. I have however opened a buy trade with the breakout of my descending trend line at 1.23000 ish. The way I see it is that the pound has much more room for strengthening with an intermediate target of 1.25926 ish, my monthly res 1.
Attached Image (click to enlarge)
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The euro to the pound shows an intermediate phase of pound strength and a slightly weakening Euro. Basically the two are decoupling which gives a short term phase of euro pound shorts.
Attached Image (click to enlarge)
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Depending on what happens in the US I currently go for longs on GU.
Cheers.
Trade to trade another day
  • #524,577
  • Jun 1, 2020 11:41am Jun 1, 2020 11:41am
Quoting shahab8b
{quote} why would you place your SL at a round number? they are like S/R levels most of the time. I'm actually shorting it @ 1.25 if we get there today. {image} {image}
got caught out today in the bull run... Shorting from 1.25 area as well/... 100 Pip target
  • #524,578
  • Jun 1, 2020 11:42am Jun 1, 2020 11:42am
Quoting ongtrumvn99
That's why I warned everyone short in the past, because I didn't want people to lose their money.
  • #524,579
  • Jun 1, 2020 11:46am Jun 1, 2020 11:46am
Quoting navk
to around 2420/25 then up again but not likely to break 2488. So, if any one missed shorting at high, need not worry. Tomorrow in London, there will be chance.
There might be no chance tomorrow at London as price will likely start grinding lower to 1.2280 region. Though this cable is capable of doing the unthinkable!

Cheers mate.
Data + Stat + Risk/Emotions Management
  • #524,580
  • Jun 1, 2020 11:47am Jun 1, 2020 11:47am
Quoting ongtrumvn99
now {image}
What indicator is this?
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