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Cable Update (GBPUSD)

  • #527,941
  • Jun 15, 2020 5:18am Jun 15, 2020 5:18am
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PA Trading with EMAs & common Sense
  • #527,942
  • Jun 15, 2020 5:19am Jun 15, 2020 5:19am
Quoting Theoak
{quote} There's that dam doji again.
You mean on H1? My chart is showing a hanging man. The impact is the same as a doji anyway. But the two preceding candles on H1 and H4 are menacingly bullish
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  • #527,943
  • Jun 15, 2020 5:27am Jun 15, 2020 5:27am
M5
SellStop @ 1.25292

atb vvm
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PA Trading with EMAs & common Sense
  • #527,944
  • Jun 15, 2020 5:31am Jun 15, 2020 5:31am
red diamond silent...
me no position to open right now. looking at the market first and wait where she wants to go
row row row your boat
  • #527,945
  • Jun 15, 2020 5:31am Jun 15, 2020 5:31am
Quoting vvm
M5 SellStop @ 1.25292 atb vvm {image}
M5 average is at 2528 and it is a massive stumbling block
  • #527,946
  • Jun 15, 2020 5:35am Jun 15, 2020 5:35am
Quoting Siame
LONG 1.25023

CLOSED @ 1.25273 +25pips
  • #527,947
  • Jun 15, 2020 5:50am Jun 15, 2020 5:50am
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yes yes yes
  • #527,948
  • Jun 15, 2020 5:52am Jun 15, 2020 5:52am
About to break that previous resistance that acted as support on tests of it ? Trapped between that and the previous support that acted as resistance as today's current hi...all on 1hr....
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Trader with an Edge.
  • #527,949
  • Jun 15, 2020 5:54am Jun 15, 2020 5:54am
Quoting Bydyke
{quote} You mean on H1? My chart is showing a hanging man. The impact is the same as a doji anyway. But the two preceding candles on H1 and H4 are menacingly bullish {image}
Cheers bud. It looks not too bad to me. I was reading about candle sticks the weekend so no expert. Anyway gone with a short.
Don't trade what you think. Just what you see!!!
  • #527,950
  • Jun 15, 2020 5:54am Jun 15, 2020 5:54am
Better sell positions at 1.2585/1.2630... Target 1.2410 and 1.2360 if 1.2600 isn't broken.

Cheers!
Data + Stat + Risk/Emotions Management
  • #527,951
  • Jun 15, 2020 5:57am Jun 15, 2020 5:57am
Quoting Stefan90csk
IMO possible 1.28200 by the end of the week.
There is no basis for 1.2820, the trend is bearish. 1.2360 has a strong chance of occurrence this week and it will happen quickly and aggressively. So any rise remains a crash.
Data + Stat + Risk/Emotions Management
  • #527,952
  • Jun 15, 2020 5:58am Jun 15, 2020 5:58am
Quoting Yngwie
Short 2527 SL 2560 TP 2440
You might get this spot on
  • #527,953
  • Jun 15, 2020 5:59am Jun 15, 2020 5:59am
Quoting Roszey
Selling will be suicidal now. {image}
Selling levels at 1.2585/1.2630 levels...
Data + Stat + Risk/Emotions Management
  • #527,954
  • Jun 15, 2020 6:00am Jun 15, 2020 6:00am
Stefan mentioned this earlier and it may explain cable's erratic behaviour. Not that it can ever be explained.
Gone to a better place
  • #527,955
  • Jun 15, 2020 6:05am Jun 15, 2020 6:05am
SHORT 1.25077
  • #527,956
  • Jun 15, 2020 6:11am Jun 15, 2020 6:11am
Offcourse price turn at 1.25040 when my to is at 1.20510
Switched to long at 1.25200
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yes yes yes
  • #527,957
  • Jun 15, 2020 6:12am Jun 15, 2020 6:12am
Quoting Moty
{image}
Few pips and turn up again
hope more bear soon
PA Return Today: na
  • #527,958
  • Jun 15, 2020 6:20am Jun 15, 2020 6:20am
Hello cable punters!

Luke the pufferfish is in hybernation mode on Cable atm. But he's still bearish dollar fundamentally. Except on USD.JPY and maybe UCAD, particularly again the JPY.
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  • #527,959
  • Jun 15, 2020 6:20am Jun 15, 2020 6:20am
Quoting SFundamental
Right - Cable bought from the London open capped pullback to 38.2% fib level nice sell off slight pull back and starting to come off again With Barnier confirming that the UK are not seeking an extention - this is not good Even though its price in Additionally, its a Friday- would like to sell it I know that there is interest at 1.2450
1.2450 defended
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #527,960
  • Jun 15, 2020 6:24am Jun 15, 2020 6:24am
After close of 4H at 9 AM GMT..direction for me is clearly UP..initial target would be weekly pivot at 1.2609.
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