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Cable Update (GBPUSD)

  • #524,681
  • Jun 1, 2020 8:36pm Jun 1, 2020 8:36pm
Quoting trumps
{quote} Depends on what time frame you are looking at for HH and LL
there is only one side, that is long, that is what I see.

If you look at 1 minute chart, then may be short there
Intraday only.
  • #524,682
  • Jun 1, 2020 8:36pm Jun 1, 2020 8:36pm
Quoting palpite
Hum, a lot of bulls now, something is wrong.
It's perfectly logical....

The dumb money just added many shorts.

We'll see 1.26 pretty fast.

Not buy advice.!!!

Then as shorts give up and REVERSE they'll quitetly trash pound.....

I'm looking for sells 1.2550-2650 -2750 towards 2430-70.

Pound is simple
Beware of robber banks (RB), bad advisors.
  • #524,683
  • Jun 1, 2020 8:38pm Jun 1, 2020 8:38pm
Brexit negotiations starting tomorrow until Friday. So dont get too excited with the long positions. You never know what would happen. Unless someone knows but not sharing!
  • #524,684
  • Jun 1, 2020 8:38pm Jun 1, 2020 8:38pm
Quoting mkvy
Looks like usa is at war with itself.

No wonder the GBP is going up like a rocket
The pound DID go up, as expected, but for 2 reasons.

Many retailers short

And
Beware of robber banks (RB), bad advisors.
  • #524,685
  • Jun 1, 2020 8:45pm Jun 1, 2020 8:45pm
Quoting OnlineAddict
I am short from 2500 into 2250 min, possibly 2000 or lower.

You short???? . 1. 2500 ??


Too early bubba

Ohhh when 1.45 because u also long??

Remember!?
Quoting OnlineAddict
{quote} Yes, there will be 1.45,
I never said a 1500 pip move would come soon, I am not trading demo like you.
It may take months or a year, I don't really care,
I will keep buying the dips and...
Blaaaa...
Lies too..... +1:
LOL
WHEN 1.45 ???
Great wise Onlinus Longus!!!
Beware of robber banks (RB), bad advisors.
  • #524,686
  • Jun 1, 2020 8:47pm Jun 1, 2020 8:47pm
The trade deal talks schedule is as follows:
Tuesday, June 2 - 2.30pm-5pm

  1. Fisheries
  2. Thematic cooperation
  3. Governance for level playing field for open and fair competition

I guess those long fish will be eventually caught

  • #524,687
  • Jun 1, 2020 8:51pm Jun 1, 2020 8:51pm
Quoting navk
{quote} May be in 1 minte chart, other side.??
Not everyone holds positions for a long period of time... you can profit short whilst already being long... bias is long yes, pa is bullish yes, it always is billish at highs and bearish at lows until pa changes?

Im neither long or short, but money can be made either side, short anything above 1.2516 with a 10p sl is already at 1:1...
  • #524,688
  • Jun 1, 2020 8:56pm Jun 1, 2020 8:56pm
Quoting navk
{quote} May be in 1 minte chart, other side.??
Just think the following.

A huge move was made. Now, in the slightest case that the dollar gets back its strength and the pair starts moving down, slowly slowly people will have to get out of their longs positions (sell) and will step in with a short position. That could retrace the pair back to 1.23 zone in no time. So dont get over excited there!

THE LONGS WORKED OUT PRETTY WELL, BUT I THINK NOW THEY WILL SLOWLY START TAKING PROFIT (SOME ALREADY DID) AND THAT COULD BE THE GAME CHANGER.
  • #524,689
  • Jun 1, 2020 9:03pm Jun 1, 2020 9:03pm
Quadriple top on the 4h RSI and channel down. Lets see whats next.
Attached Image (click to enlarge)
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  • #524,690
  • Jun 1, 2020 9:19pm Jun 1, 2020 9:19pm
Quoting Not-KPMG
{quote} It's perfectly logical.... The dumb money just added many shorts. We'll see 1.26 pretty fast. Not buy advice.!!! Then as shorts give up and REVERSE they'll quitetly trash pound..... I'm looking for sells 1.2550-2650 -2750 towards 2430-70. Pound is simple
This is the third time the bulls are trying to cross 1.25. I think the bears is strongest now.

Attached Image (click to enlarge)
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Together we can be strongest
Vantage Return This Month: -97.0%
  • #524,691
  • Jun 1, 2020 9:22pm Jun 1, 2020 9:22pm
The prey are short traders in recent days. I'm enjoying what the market gives me, I'm having fun.
Attached Image (click to enlarge)
Click to Enlarge Name: môi short.png Size: 1.6 MB
SCALP WIN
  • #524,692
  • Jun 1, 2020 9:23pm Jun 1, 2020 9:23pm
Quoting dimadono
{quote} Just think the following. A huge move was made. Now, in the slightest case that the dollar gets back its strength and the pair starts moving down, slowly slowly people will have to get out of their longs positions (sell) and will step in with a short position. That could retrace the pair back to 1.23 zone in no time. So dont get over excited there! THE LONGS WORKED OUT PRETTY WELL, BUT I THINK NOW THEY WILL SLOWLY START TAKING PROFIT (SOME ALREADY DID) AND THAT COULD BE THE GAME CHANGER.
that is smaller TF
Intraday only.
  • #524,693
  • Jun 1, 2020 9:28pm Jun 1, 2020 9:28pm
Selling from 2522 let see how
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Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #524,694
  • Jun 1, 2020 9:29pm Jun 1, 2020 9:29pm
Quoting navk
{quote} May be in 1 minte chart, other side.??
And just like that, a 1 min, 5 min whatever tf one uses to get their entry turned 1:1 into 1:2+... entries are more accurate on smaller timeframes. 1:2+ is enough to close if one wanted to, as i said there is money to be made on both sides, pain will be dealt to those who will be stuck long in the same way to those who are stuck short


You see, perfect example above, its a bit naive thinking the market is only on your side ? And im not saying you are wrong by any means
  • #524,695
  • Jun 1, 2020 9:40pm Jun 1, 2020 9:40pm
Quoting ongtrumvn99
The prey are short traders in recent days. I'm enjoying what the market gives me, I'm having fun. {image}


I see your shark.....

And I raise you two sharks
I mean errrr...
Attached Images
Beware of robber banks (RB), bad advisors.
  • #524,696
  • Jun 1, 2020 9:44pm Jun 1, 2020 9:44pm
Quoting palpite
{quote} This is the third time the bulls are trying to cross 1.25. I think the bears is strongest now. {image}
Respect.

I disagree - but I wait to short. I'm not long much. Tiny long....

Why I think up????

Retailers are short. LOL.

NEWS AND LIES few next days......

They NEED to drag higher so THEY can sell better....

So That's four good reasons.
Beware of robber banks (RB), bad advisors.
  • #524,697
  • Jun 1, 2020 9:46pm Jun 1, 2020 9:46pm
Quoting Not-KPMG
{quote} I see your shark..... And I raise you two sharks I mean errrr... {image} {image}
I don't make money selling signals, I've lived with forex for 15 years, I make money from the market, don't get me wrong.
SCALP WIN
  • #524,698
  • Jun 1, 2020 9:46pm Jun 1, 2020 9:46pm
Looking for short....hopefully PA down to 1.23
  • #524,699
  • Jun 1, 2020 9:48pm Jun 1, 2020 9:48pm
Quoting dimadono
{quote}.. momentum you come and say that cable will fly?

You must be crazy! Trade what you see and not what you will believe it will happen.
Yeahh he's crazy SMART yes up it went

What's your short doing
Beware of robber banks (RB), bad advisors.
  • #524,700
  • Jun 1, 2020 9:49pm Jun 1, 2020 9:49pm
Quoting dimadono
This will soon go down...
Not-KPMG yawns and looks at his profits (little long GU, more EU.)

Beware of robber banks (RB), bad advisors.
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