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Cable Update (GBPUSD)

  • #527,521
  • Edited 10:02am Jun 12, 2020 9:38am | Edited 10:02am
Quoting Siame
SHORT 1.25822

Perhaps we'll reach 1.24780 today.

A long way down it seems, watching for a break of 1.25439 to add to my position.
  • #527,522
  • Jun 12, 2020 9:38am Jun 12, 2020 9:38am
Quoting Georginson
{quote} I did suggest you take a long at 1.2550 then... Now I'm saying do take a sell here 1.2625 area as price will still crash... Stop should be 1.2675.
Any rise is a crash
Data + Stat + Risk/Emotions Management
  • #527,523
  • Jun 12, 2020 9:39am Jun 12, 2020 9:39am
Quoting Student21
{quote} now it got us :/
I'd say the previous candle on the 15m chart was the clue not to go long. Perfect continuation candlestick.
  • #527,524
  • Jun 12, 2020 9:44am Jun 12, 2020 9:44am
Those busted stops helped.
Now out of scalp
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #527,525
  • Jun 12, 2020 9:46am Jun 12, 2020 9:46am
Quoting Scotteyy
{quote} I'd say the previous candle on the 15m chart was the clue not to go long. Perfect continuation candlestick.
Might be right Scotteyy : ) I am still looking for a long around, although with the belief of 1.23 as a longer target...got a couple of shorts today ...the fast drop and a few small ones....but still. Might place a small long here at the bottom if it gets retested.
A trader is as good as his stop loss. Understand your mistakes.
  • #527,526
  • Jun 12, 2020 9:47am Jun 12, 2020 9:47am
1.25000 in the making ?!?!
today ? maybe.
next week ? for sure
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu15.png Size: 38 KB
Click to Enlarge Name: dxh1.png Size: 31 KB
yes yes yes
  • #527,527
  • Jun 12, 2020 9:48am Jun 12, 2020 9:48am
long 1.2561
SCALP WIN
  • #527,528
  • Jun 12, 2020 9:49am Jun 12, 2020 9:49am
Quoting Moty
1.25000 in the making ?!?! today ? maybe. next week ? for sure {image} {image}
Near Market close we shall see 2500
now fighting
dxy reach previous rejection area
PA Return This Week: 39.2%
  • #527,529
  • Jun 12, 2020 9:49am Jun 12, 2020 9:49am
Quoting ongtrumvn99
long 1.2561
add 1.2558
SCALP WIN
  • #527,530
  • Jun 12, 2020 9:49am Jun 12, 2020 9:49am
Quoting Georginson
{quote} Any rise is a crash
it was too fast a drop. yes. but watch out 2548 today. last line of defence.

Usually it must extend.

it needs to take out lows.
Intraday only.
  • #527,531
  • Jun 12, 2020 9:51am Jun 12, 2020 9:51am
Quoting OnlineAddict
{quote} Its friday, PA is set, this can go one way all day, which would be perfect for next week setups. I am glad I am out of all trades, though. Still bullish on USD into next week.
How you feeling about EUR/GBP?
  • #527,532
  • Jun 12, 2020 9:51am Jun 12, 2020 9:51am
Still risk around but waiting for things to catch up
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #527,533
  • Jun 12, 2020 9:51am Jun 12, 2020 9:51am
Quoting ngiler
try to short at 2630. let see what will happen sl 40 pips.
closed all at 2555. thanks all
happy weekend
row row row your boat
  • #527,534
  • Jun 12, 2020 9:52am Jun 12, 2020 9:52am
Quoting Georginson
{quote} Any rise is a crash
I just want 1.25, do you think its possible today? Bonus trade.
  • #527,535
  • Jun 12, 2020 9:54am Jun 12, 2020 9:54am
careful with longs guys, I believe we can drop more today
  • #527,536
  • Jun 12, 2020 9:57am Jun 12, 2020 9:57am
Wow bulls all now bears
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #527,537
  • Jun 12, 2020 9:57am Jun 12, 2020 9:57am
Quoting ongtrumvn99
long 1.2561
busted...
  • #527,538
  • Jun 12, 2020 9:59am Jun 12, 2020 9:59am
Quoting Marco-Kanto
{quote} Took 50% at WPP 2574. The wind is at my back, gonna see where it takes me from here. TP moved to DS2 2479, SL now at 2600, 50% retrace (ish) of move DPP/WPP. *edit - SL at 2611
SL moved to WPP, 2574.
Focus.
  • #527,539
  • Jun 12, 2020 9:59am Jun 12, 2020 9:59am
i have taken another short @ 2550 on M5.
target is either 30 or 50 pips depending on how price reacts at the 2520 level
in wondering about yourself, you forgot what you came here to be part of
  • #527,540
  • Jun 12, 2020 10:00am Jun 12, 2020 10:00am
Quoting Fredo219
Selling for 40 pips. Second trade this month.
Moved sl to BE
Patience.....
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