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Cable Update (GBPUSD)

  • #526,661
  • Jun 10, 2020 1:03am Jun 10, 2020 1:03am
Depending on what happens @ FOMC and b4 that with US cpi we could have DXY dropping to 95.18 as I see it so more EU and GU bullishness or flip of the coin there's dollar buying and we could see GU back to 2600 area or lower...
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Don't Leave Money on the Table
  • #526,662
  • Jun 10, 2020 1:04am Jun 10, 2020 1:04am
Quoting HaLBot
{quote} Didn't London forex market open almost an hour ago??
before london open, the price hit high.

after london open higher high
Intraday only.
  • #526,663
  • Jun 10, 2020 1:05am Jun 10, 2020 1:05am
Quoting here2there
{quote} If the majority of traders lose in the Forex market, then in what direction should you be trading? Check this out: https://www.dukascopy.com/swiss/engl...tch/sentiment/
I don't use a sentiment table to know the market is bullish. I made a play for a short on price action. It did not work out. I've made 3 more trades since then (long and short).
Don't trade what you think. Just what you see!!!
  • #526,664
  • Jun 10, 2020 1:07am Jun 10, 2020 1:07am
target 1.2830
  • #526,665
  • Jun 10, 2020 1:07am Jun 10, 2020 1:07am
For those who are aware of the 'market-maker' principle, a manipulation appears to be underway on the GBPUSD, which is likely to see a southward move during the London session.

I may be wrong. Trade safe.

KP
Do your homework, follow the footprints of smart money
  • #526,666
  • Jun 10, 2020 1:07am Jun 10, 2020 1:07am
Quoting joesherwood
Morning all only placed One trade today on GJ short and unfortunately hit my 20 pips SL it’s then proceeded to fly down, I will be looking at GU lOngs trade safe
Damn GJ just hit my 40pip TP that’s unfortunate, I went in with a long on GU , target 1.28. if this hits my SL I won’t trade again today with all the news this afternoon. Risking 0.5%.
  • #526,667
  • Jun 10, 2020 1:09am Jun 10, 2020 1:09am
Down down and away
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yes yes yes
  • #526,668
  • Jun 10, 2020 1:12am Jun 10, 2020 1:12am
Quoting thevisitor
target 1.2830
are you waiting for 2830?

My stop 2775
Intraday only.
  • #526,669
  • Jun 10, 2020 1:15am Jun 10, 2020 1:15am
Quoting thevisitor
target 1.2830
1.2805 for my first tgt than will see
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #526,670
  • Jun 10, 2020 1:19am Jun 10, 2020 1:19am
Nice divergence(green in the indicator window). All other lines are different intervals from stochastics for this TF. Nice confirming flow..

The purple is ema75 for the min5 TF
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Life is great!!
  • #526,671
  • Jun 10, 2020 1:19am Jun 10, 2020 1:19am
There's been 11 bearish days out of 12 for the US dollar and 10 straight bullish days for Cable.....Hmmmmmm funny about maybe it's just coincidence..
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Don't Leave Money on the Table
  • #526,672
  • Jun 10, 2020 1:21am Jun 10, 2020 1:21am
possible?
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PATIENCE AND DISCIPLINE!
  • #526,673
  • Jun 10, 2020 1:24am Jun 10, 2020 1:24am
Quoting HaLBot
There's been 11 bearish days out of 12 for the US dollar and 10 straight bullish days for Cable.....Hmmmmmm funny about maybe it's just coincidence.. {image}
Not a coincidence, why do you say this?
GBP/USD up, USD likely to be to be going down unless Pound has real strength.
Compulsions can be hard to resist
  • #526,674
  • Jun 10, 2020 1:26am Jun 10, 2020 1:26am
Quoting trumps
{quote} Not a coincidence, why do you say this? GBP/USD up, USD likely to be to be going down unless Pound has real strength.
Exasperation....lots of bears here saying price is gonna fall yet DXY says otherwise....
Don't Leave Money on the Table
  • #526,675
  • Jun 10, 2020 1:27am Jun 10, 2020 1:27am
Quoting joesherwood
{quote} Damn GJ just hit my 40pip TP that’s unfortunate, I went in with a long on GU , target 1.28. if this hits my SL I won’t trade again today with all the news this afternoon. Risking 0.5%.
running +10 making trade sl and BE, im unsure about today, if i have that gut feeling i dont like to trade. not in right mindset. it hits sl i have finished today in small loss from GJ.
  • #526,676
  • Jun 10, 2020 1:28am Jun 10, 2020 1:28am
Quoting harold1
possible? {image}
I agree with @HaLBot analisys, GBP will continue rising as dollar is getting weaker. Bearns not taking over the market yet.
  • #526,677
  • Jun 10, 2020 1:32am Jun 10, 2020 1:32am
the market gave me pips again, just scalp long.
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SCALP WIN
  • #526,678
  • Jun 10, 2020 1:32am Jun 10, 2020 1:32am
Quoting HaLBot
{quote} Exasperation....lots of bears here saying price is gonna fall yet DXY says otherwise....
Even negative headlines regarding brexit dont do much anymore; wouldnt be suprised to test 1.30 soon again
Life is great!!
  • #526,679
  • Jun 10, 2020 1:32am Jun 10, 2020 1:32am
waiting usdx to give sell signal.
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #526,680
  • Jun 10, 2020 1:35am Jun 10, 2020 1:35am
m5
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SCALP WIN
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