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Cable Update (GBPUSD)

  • #526,361
  • Jun 9, 2020 6:28am Jun 9, 2020 6:28am
Sell limit @1.2690
https://investizo.com/investment/view?server=1&login=2141779119
  • #526,362
  • Jun 9, 2020 6:31am Jun 9, 2020 6:31am
in the days to come, short everyday.

A high 2750 formed in 4 hr chart in my chart.

Go ahead and sell every day.
Intraday only.
  • #526,363
  • Jun 9, 2020 6:36am Jun 9, 2020 6:36am
m5 has a reversal setup
a bit risky
but worth a scalp

long 2648

5 pip SL
20 pip trgt
in wondering about yourself, you forgot what you came here to be part of
  • #526,364
  • Jun 9, 2020 6:38am Jun 9, 2020 6:38am
Quoting kuroro001
GBP short (28% short) money managers are the strongest since Sept2018 I'd never buy such strong bearish side from their part {image} Just food for thought
Not sure what this means? What percentage are long? Is it Gbp, or cable? Thanks for the help.
Gone to a better place
  • #526,365
  • Jun 9, 2020 6:40am Jun 9, 2020 6:40am
Seems like Bears fighting real hard to keep this from going above 2655, wonder how long they can keep this up for

Games over Bears now for some dodgy buys hey Oak.....LOL
Don't Leave Money on the Table
  • #526,366
  • Jun 9, 2020 6:42am Jun 9, 2020 6:42am
Quoting navk
in the days to come, short everyday. A high 2750 formed in 4 hr chart in my chart. Go ahead and sell every day.
Roger
  • #526,367
  • Jun 9, 2020 6:43am Jun 9, 2020 6:43am
Quoting dondealova
Sell limit @1.2690
add short 2661..will add more till 2690
https://investizo.com/investment/view?server=1&login=2141779119
  • #526,368
  • Jun 9, 2020 6:45am Jun 9, 2020 6:45am
Attached Image (click to enlarge)
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yes yes yes
  • #526,369
  • Jun 9, 2020 6:45am Jun 9, 2020 6:45am
Quoting knkie
m5 has a reversal setup a bit risky but worth a scalp long 2648 5 pip SL 20 pip trgt
exit + 19
in wondering about yourself, you forgot what you came here to be part of
  • #526,370
  • Jun 9, 2020 6:46am Jun 9, 2020 6:46am
Quoting Gilaforex13
{quote} Roger
??
Intraday only.
  • #526,371
  • Jun 9, 2020 6:46am Jun 9, 2020 6:46am
my only other trade for the day other than my ones before 9am was a long at 447 with a 40 pip tp and 20 sl, now made risk free

will wait for it to hit tp or BE
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  • #526,372
  • Jun 9, 2020 6:47am Jun 9, 2020 6:47am
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Together we can be strongest
Vantage Return This Month: -97.0%
  • #526,373
  • Jun 9, 2020 6:50am Jun 9, 2020 6:50am
Quoting dondealova
{quote} add short 2661..will add more till 2690
more short @2675
https://investizo.com/investment/view?server=1&login=2141779119
  • #526,374
  • Jun 9, 2020 7:02am Jun 9, 2020 7:02am
I have closed all. There will be the next transaction.
The market gave me pips.
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SCALP WIN
  • #526,375
  • Jun 9, 2020 7:04am Jun 9, 2020 7:04am
back to selling
M1 chart

Short 2665

5 pip SL
30 pip trgt
in wondering about yourself, you forgot what you came here to be part of
  • #526,376
  • Jun 9, 2020 7:05am Jun 9, 2020 7:05am
Shorting from 1.2670...tp 1.26 .
  • #526,377
  • Jun 9, 2020 7:05am Jun 9, 2020 7:05am
Switched to short
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yes yes yes
  • #526,378
  • Jun 9, 2020 7:06am Jun 9, 2020 7:06am
Quoting Siame
{quote} {quote} A 4hr close below previous Day's Low will help my Bearish Bias. Back at 1.26800 continues Bullish.
Still Neutral here, waiting for direction.
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  • #526,379
  • Jun 9, 2020 7:09am Jun 9, 2020 7:09am
Quoting smikester
{quote} Not sure what this means? What percentage are long? Is it Gbp, or cable? Thanks for the help.
It means the short side of the money managers (leveraged funds) are increasing their shorts bets
Longs are 17% (and have decreased last week)

Its regarding the GBP index, but works best with gbpusd

Shorts are increasing during the rally, which means they are accumulating shorts and gbp can move down hard anytime
If they were accumulating during move down, it would have been close to a bottom
COT: The precious data ignored
  • #526,380
  • Jun 9, 2020 7:10am Jun 9, 2020 7:10am
Quoting kuroro001
{quote} It means the short side of the money managers (leveraged funds) are increasing their shorts bets Longs are 17% (and have decreased last week) Its regarding the GBP index, but works best with gbpusd Shorts are increasing during the rally, which means they are accumulating shorts and gbp can move down hard anytime If they were accumulating during move down, it would have been close to a bottom
Many thanks
Gone to a better place
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