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Cable Update (GBPUSD)

  • #526,101
  • Jun 8, 2020 9:39am Jun 8, 2020 9:39am
Quoting Moty
Trend line is broken up. Up up and away we go,z {image}
wow...you have so many position...
  • #526,102
  • Jun 8, 2020 9:40am Jun 8, 2020 9:40am
Quoting Bydyke
It's obvious the bulls are now tired. I wish they can do a last-gap push to 2700 to enable me get a better short. Am not satisfied with the 2685 that I got
Out at 2673 (M15 average); hope to get a better shot upstairs
  • #526,103
  • Jun 8, 2020 9:40am Jun 8, 2020 9:40am
Quoting Moty
{image}
i am with you moty same target
Extreme gut feeling trader
  • #526,104
  • Jun 8, 2020 9:42am Jun 8, 2020 9:42am
Today I am definitely not losing. Hope this week will be fine.
Attached Image
SCALP WIN
  • #526,105
  • Jun 8, 2020 9:50am Jun 8, 2020 9:50am
M15 has closed above EMA 50 meaning we should expect a run up to 2690. Wish it it can be higher. The three white soldiers on M15 has given the bears away.
  • #526,106
  • Jun 8, 2020 9:55am Jun 8, 2020 9:55am
There are shorts to be had. Just not sure how many longs will give it up.

Attached Image (click to enlarge)
Click to Enlarge Name: GbpUsd200608h1.png Size: 35 KB
Gone to a better place
  • #526,107
  • Jun 8, 2020 9:56am Jun 8, 2020 9:56am
Very much likely a test of the upper boundary of the Asian range or Friday's high by price action.

Stay safe, trade safe.

KP

Quoting Bydyke
M15 has closed above EMA 50 meaning we should expect a run up to 2690. Wish it it can be higher. The three white soldiers on M15 has given the bears away.
Do your homework, follow the footprints of smart money
  • #526,108
  • Jun 8, 2020 10:02am Jun 8, 2020 10:02am
So much speculation omg... UK has left the EU and now this will become the worst pair to trade... I still cant believe we are not on the way down...
  • #526,109
  • Jun 8, 2020 10:06am Jun 8, 2020 10:06am
The run-up to 2690s occurred but not what the bears were expecting. All of a sudden, we have a signal for a bullish run with a bull support intact on M5!

The bears need to re-claim the M5 average at 2683 to re-assert themselves.
Attached Image (click to enlarge)
Click to Enlarge Name: GU M5 0806B.png Size: 36 KB
  • #526,110
  • Jun 8, 2020 10:14am Jun 8, 2020 10:14am
New h4 candle high
Attached Image (click to enlarge)
Click to Enlarge Name: CamScanner 06-08-2020 18.14.00_1.jpg Size: 134 KB
yes yes yes
  • #526,111
  • Jun 8, 2020 10:16am Jun 8, 2020 10:16am
Quoting Moty
New h4 candle high {image}
added more lots... lets gooooo
Extreme gut feeling trader
  • #526,112
  • Jun 8, 2020 10:16am Jun 8, 2020 10:16am
long gu 1.2699
SCALP WIN
  • #526,113
  • Jun 8, 2020 10:23am Jun 8, 2020 10:23am
Possible short. Waiting for break of low as confirmation for structure change before sell limit placed. Price entered a 4 hour sell zone. Looking to see if price reacts and breaks the recent significant higher low indicating the structure flipping bearish on the lower time frames in a HTF sell zone. If the structure changes, I am expecting a retracement upwards to the SR level, where my limit will be placed, and expect price to make a LL which I will take partial profits and get to breakeven at. Main TP is at the opposing HTF zone. SL is above the high as a violation of this high would mean the structure has flipped back bullish.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 96 KB
The noobest trader you will ever see.
  • #526,114
  • Jun 8, 2020 10:25am Jun 8, 2020 10:25am
Quoting Bydyke
.... All of a sudden, we have a signal for a bullish run with a bull support intact on M5! ... {image}
So, it was a decoy. The bears have recaptured the M5 average
  • #526,115
  • Jun 8, 2020 10:27am Jun 8, 2020 10:27am
Quoting ongtrumvn99
long gu 1.2699
add 1.2686
SCALP WIN
  • #526,116
  • Jun 8, 2020 10:31am Jun 8, 2020 10:31am
Quoting Moty
New h4 candle high {image}
Here is my own H4 chart. It's singing bears. Infact, it's saying a trip to the H4 average at 2586 is in the works.

Am at the sidelines at the moment, waiting to strike.
Attached Image (click to enlarge)
Click to Enlarge Name: GU H4 0806.png Size: 35 KB
  • #526,117
  • Jun 8, 2020 10:44am Jun 8, 2020 10:44am
one of my system shouting longs on h4.... can be wrong...
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2020-06-08 at 11.43.10 AM.png Size: 143 KB
Extreme gut feeling trader
  • #526,118
  • Jun 8, 2020 10:44am Jun 8, 2020 10:44am
Quoting Bydyke
{quote} Here is my own H4 chart. It's singing bears. Infact, it's saying a trip to the H4 average at 2586 is in the works. Am at the sidelines at the moment, waiting to strike. {image}
Different view from yours.....
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 77 KB
Lost....
  • #526,119
  • Jun 8, 2020 10:49am Jun 8, 2020 10:49am
Quoting montygoldy
one of my system shouting longs on h4.... can be wrong... {image}
With that bearish engulfer and long wick? Wish you goodluck
  • #526,120
  • Jun 8, 2020 10:51am Jun 8, 2020 10:51am
Quoting gespiri
{quote} Different view from yours..... {image}
Yes, the candles are different
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