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Cable Update (GBPUSD)

  • #526,301
  • Jun 9, 2020 3:24am Jun 9, 2020 3:24am
Quoting Theoak
{quote} Well it did not retrace and it has took out my target. Will now look for a bullish movement, so hands tied for the moment.
Divergency play + resistance zone buy. Not the set-up I was after.

long 1.2654 target 1.2670
Don't trade what you think. Just what you see!!!
  • #526,302
  • Jun 9, 2020 3:25am Jun 9, 2020 3:25am
Market will most likely react massively at 1.259xx. I might be wrong. Trade Safe.
WARNING: This post warps space and time in its vicinity.
  • #526,303
  • Jun 9, 2020 3:26am Jun 9, 2020 3:26am
Bulls trap
Attached Image (click to enlarge)
Click to Enlarge Name: CamScanner 06-09-2020 11.25.36_1.jpg Size: 106 KB
yes yes yes
  • #526,304
  • Jun 9, 2020 3:26am Jun 9, 2020 3:26am
Looks like we got a top. Looking at selling.. waiting for a structural break of the previous dip yesterday... oooops just as i type

  1. Gain:+98.4%
  2. Abs. Gain:+147.6%
  3. Daily:1.09%
  4. Monthly:41.04%

  • #526,305
  • Jun 9, 2020 3:26am Jun 9, 2020 3:26am
Please consider taking a look at my analysis. GBP/USD starts at 8:05. I upload weekly analysis every Sunday and daily analysis from TUE to FRI.


Inserted Video
  • #526,306
  • Jun 9, 2020 3:28am Jun 9, 2020 3:28am
hey Guys, i did look few minutes ago to chart and the high from few bars before was higher then the high from few bars after before. The close price from before few bars was afterwards few bars later few pips lower then the bars before the before bar hahahahaaha
  • #526,307
  • Jun 9, 2020 3:31am Jun 9, 2020 3:31am
2 possible wave 4 completion points.
Attached Image (click to enlarge)
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Lost....
  • #526,308
  • Jun 9, 2020 3:32am Jun 9, 2020 3:32am
Quoting Moty
Bulls trap {image}
correct me if im wrong. that is bearish divergence right ? and you should sell
  • #526,309
  • Jun 9, 2020 3:34am Jun 9, 2020 3:34am
Morning +2% again by 9am.

made all losses back from last week
Attached Image (click to enlarge)
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  • #526,310
  • Jun 9, 2020 3:35am Jun 9, 2020 3:35am
Quoting Siame
{quote} Added 1.26680
Covered both positions +76pips.
  • #526,311
  • Jun 9, 2020 3:35am Jun 9, 2020 3:35am
Quoting Theoak
{quote} Divergency play + resistance zone buy. Not the set-up I was after. long 1.2654 target 1.2670
Busted - 20 pip (disserved that). Will wait and join the party when the time is right
Don't trade what you think. Just what you see!!!
  • #526,312
  • Jun 9, 2020 3:36am Jun 9, 2020 3:36am
Quoting Kimjoun
{quote} correct me if im wrong. that is bearish divergence right ? and you should sell
The problem is that i see that only now
Attached Image (click to enlarge)
Click to Enlarge Name: CamScanner 06-09-2020 11.35.14_1.jpg Size: 126 KB
yes yes yes
  • #526,313
  • Jun 9, 2020 3:37am Jun 9, 2020 3:37am
Attached Image (click to enlarge)
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  • #526,314
  • Jun 9, 2020 3:38am Jun 9, 2020 3:38am
I'm still holding my buys
Guys ,, GBP is under value remember that
  • #526,315
  • Jun 9, 2020 3:38am Jun 9, 2020 3:38am
Started long at 1.2628...i think the market will take a breath here for a while..tp 1.2660... planning for long again at 1.26.
  • #526,316
  • Jun 9, 2020 3:38am Jun 9, 2020 3:38am
Quite a pair to trade. From a new height it drops all the way down and takes out yesterday's low. If you begin to sell it now N.Y. will again take it to yesterday's high. Lol... Immediately it broke the pivot all buys are off. If it wanted to go up it should be down here by now. The 4hr candle if it closes this low should be a strong red bar.
  • #526,317
  • Jun 9, 2020 3:39am Jun 9, 2020 3:39am
I'm now long for 2815.
I think it's going to 2580 first though.
Compulsions can be hard to resist
  • #526,318
  • Jun 9, 2020 3:40am Jun 9, 2020 3:40am
Quoting Mitiblotch
Quite a pair to trade. From a new height it drops all the way down and takes out yesterday's low. If you begin to sell it now N.Y. will again take it to yesterday's high. Lol... Immediately it broke the pivot all buys are off. If it wanted to go up it should be down here by now. The 4hr candle if it closes this low should be a strong red bar.
true.i will look in 20 minutes to add or to close and reverse for shorts if hr4 candle will close below the last day low
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #526,319
  • Jun 9, 2020 3:42am Jun 9, 2020 3:42am
Quoting joesherwood
Morning +2% again by 9am. made all losses back from last week {image}
I’m just going to sit back and watch now, if anything happens I will jump back in but at the moment I have no reason to, I literally caught 200+ pips on that downward movement so in no rush to get in again.
  • #526,320
  • Jun 9, 2020 3:43am Jun 9, 2020 3:43am
worst gdp ever friday. cant wait what gu graph look like
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