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Cable Update (GBPUSD)

  • #525,161
  • Jun 3, 2020 11:32am Jun 3, 2020 11:32am
Nothing to cheer about the GBPUSD atm unless you are an inveterate scalper. Sideways price action has obtained since yesterday.

KP
Do your homework, follow the footprints of smart money
  • #525,162
  • Jun 3, 2020 11:32am Jun 3, 2020 11:32am
Quoting Wavegarrick
{quote} Hi Guys, No indication of a short swing yet. A close below 1.2500 could be an indication to me for shorts. My target at 1.25926 still stands. We are due for a correction to the downside but as a guestimate, this will not be that easy. Trade safe. {image}
Hi Guys,
My target at 1.25926 reached today. With a concise break below 1.12550 I could consider short trades.
Trade safe,
Cheers
Attached Image (click to enlarge)
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Trade to trade another day
  • #525,163
  • Jun 3, 2020 11:34am Jun 3, 2020 11:34am
How price action handles the 1.26400 horizontal resistance area is likely to be important for the rest of the week imho.

KP

Quoting KeenPips
Nothing to cheer about the GBPUSD atm unless you are an inveterate scalper. Sideways price action has obtained since yesterday. KP
Do your homework, follow the footprints of smart money
  • #525,164
  • Jun 3, 2020 11:41am Jun 3, 2020 11:41am
I like the fact that you posted your trade at the point of taking it and then gave an update about your results. This is a far better and more valuable way of posting than such 'after-the-effect' posts as: $1 million made, out with 1000 pips or target reached - $5000.

KP

Quoting Wavegarrick
{quote} Hi Guys, My target at 1.25926 reached today. With a concise break below 1.12550 I could consider short trades. Trade safe, Cheers {image}
Do your homework, follow the footprints of smart money
  • #525,165
  • Jun 3, 2020 11:56am Jun 3, 2020 11:56am
Inserted Video
  • #525,166
  • Jun 3, 2020 12:11pm Jun 3, 2020 12:11pm
Quoting KeenPips
I like the fact that you posted your trade at the point of taking it and then gave an update about your results. This is a far better and more valuable way of posting than such 'after-the-effect' posts as: $1 million made, out with 1000 pips or target reached - $5000. KP {quote}
Thanks, KP,
I appreciate your input. It is also a reflection of what I would like to see from traders alike.
Cheers
Trade to trade another day
  • #525,167
  • Jun 3, 2020 12:46pm Jun 3, 2020 12:46pm
Keep it up mate. We all have to make our contributions here valuable to the FF community in the best way each of us possibly can.

KP

Quoting Wavegarrick
{quote}....It is also a reflection of what I would like to see from traders alike...
Do your homework, follow the footprints of smart money
  • #525,168
  • Jun 3, 2020 2:37pm Jun 3, 2020 2:37pm
Quoting msniper
{quote} I am waiting for BTC below 3500 to buy do u think it will happen in 2020
You wish

3500 train sailed long ago

Keep waiting and you may buy 35k soon....

Folks
Drop in our Bitcoin Crypto thread anytime
Beware of robber banks (RB), bad advisors.
  • #525,169
  • Jun 3, 2020 2:50pm Jun 3, 2020 2:50pm
Bullish flag on h1. Welcome to the first stop in the journey. Dont be late to get back to the train, expect some serious social distancing from the herd
  • #525,170
  • Jun 3, 2020 2:53pm Jun 3, 2020 2:53pm
Just returning to the post .and not a lot happening today .the price broke the 5!min tl some time ago now and it’s alway the best way if you get into t long running run . It always seems like a slow drain as to not scare traders away from what eventually ends up being a long trade also !!! Spike up or down Normally get filled .
  • #525,171
  • Jun 3, 2020 2:56pm Jun 3, 2020 2:56pm
Quoting nessus94
Upside just started, long 1,2600

1,30 end of the week

You say 1.3000 end of this week??

Unlikely , posibble yes.

I'd look down.... Sell I mean.

...

Any news on Brexit mess...??
Beware of robber banks (RB), bad advisors.
  • #525,172
  • Jun 3, 2020 3:31pm Jun 3, 2020 3:31pm
Quoting Not-KPMG
{quote} You wish 3500 train sailed long ago Keep waiting and you may buy 35k soon.... Folks Drop in our Bitcoin Crypto thread anytime
hehe ok I will write in your crypto thread better
  • #525,173
  • Jun 3, 2020 3:36pm Jun 3, 2020 3:36pm
Quoting Not-KPMG
{quote} You say 1.3000 end of this week?? Unlikely , posibble yes. I'd look down.... Sell I mean. ... Any news on Brexit mess...??
I am expecting 1.2825 but not sure if it will go straight or do a retracement first
  • #525,174
  • Jun 3, 2020 3:40pm Jun 3, 2020 3:40pm
Quoting msniper
{quote} I am expecting 1.2825 but not sure if it will go straight or do a retracement first
Good shout my friend. Your input is always appreciated, thank you
Do or do not, there is no try - Master Yoda
  • #525,175
  • Jun 3, 2020 3:44pm Jun 3, 2020 3:44pm
Attached Image (click to enlarge)
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yes yes yes
  • #525,176
  • Jun 3, 2020 5:27pm Jun 3, 2020 5:27pm
signs of selling now , stoploss 1.2549
  • #525,177
  • Jun 3, 2020 5:35pm Jun 3, 2020 5:35pm
Quoting mkvy
signs of selling now , stoploss 1.2549
kaching, 210 pips on that bull run, thankyou very much retails. no sell tade yet. spanking the bulls and the bears. fine wine and caviar until next week. hope yall have fun glued to your screens working that chart during nfp
  • #525,178
  • Jun 3, 2020 5:40pm Jun 3, 2020 5:40pm
First Asia bearish trend since May 27.... This is the game changer.
Data + Stat + Risk/Emotions Management
  • #525,179
  • Jun 3, 2020 5:55pm Jun 3, 2020 5:55pm
watchout 2515

##now my buying position is becoming head again
Cable OoOoghghh Cable...Brexit Ooh Brexit
https://investizo.com/investment/view?server=1&login=2141779119
  • #525,180
  • Jun 3, 2020 5:57pm Jun 3, 2020 5:57pm
Quoting SFundamental
{quote} Still holding EURGBP from .88800 now at .89300 Would expect more stress on the pound in the coming days. Actually re-tested into .88800 this morning. These are the trades I like....macro ones....

Now at .8500 +80 pip trade

Could tell Cable buying dried up after the fix
Look ahead, Macro=Direction, Levels & Structure = Entry
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