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Cable Update (GBPUSD)

  • #528,121
  • Jun 15, 2020 2:30pm Jun 15, 2020 2:30pm
Can't believe people are buying this spike...
Everyone can see the chart, but only a few can actually read it.
  • #528,122
  • Jun 15, 2020 2:31pm Jun 15, 2020 2:31pm
May be buying into this puppy in a few hours

  1. Gain:+119.6%
  2. Abs. Gain:+179.4%
  3. Daily:1.15%
  4. Monthly:40.47%

  • #528,123
  • Jun 15, 2020 2:34pm Jun 15, 2020 2:34pm
gbpusd double m15 rejection off previous monthly high

Hopefully it stays here until tomorrow so i can short it
COT: The precious data ignored
  • #528,124
  • Jun 15, 2020 2:40pm Jun 15, 2020 2:40pm
Quoting OnlineAddict
Can't believe people are buying this spike...
If you look at the 1H chart you can see a breakout
i'm with you about the drop , it's coming soon
but now there is a strong move upward to 26456
now on the short movement it's going down to 25541 before it goes up
anyway buying now is bad thing to do
and i'm waiting for the next 2 candles on 30 minutes chart before i buy or sell if i was worng
  • #528,125
  • Jun 15, 2020 2:45pm Jun 15, 2020 2:45pm
Attached Image (click to enlarge)
Click to Enlarge Name: CamScanner 06-22-2020 22.45.11_1.jpg Size: 119 KB
yes yes yes
  • #528,126
  • Jun 15, 2020 2:47pm Jun 15, 2020 2:47pm
Weekly Pivot = 1.2606
Monthly R1 = 1.2602

So , I tried SeLL at 1.2597, wish me Luck...

ServerUang
  • #528,127
  • Jun 15, 2020 2:49pm Jun 15, 2020 2:49pm
Quoting Doom911
but now there is a strong move upward to 26456
Thats not what a call a strong move on the pound...40-50 pips...thats hardly a cough. The drop will be bigger.
Everyone can see the chart, but only a few can actually read it.
  • #528,128
  • Jun 15, 2020 2:55pm Jun 15, 2020 2:55pm
Quoting OnlineAddict
{quote} Thats not what a call a strong move on the pound...40-50 pips...thats hardly a cough. The drop will be bigger.
heheh yup right
anyway good luck
  • #528,129
  • Jun 15, 2020 3:04pm Jun 15, 2020 3:04pm
Quoting Suj
{quote} Struggling at the moment..looks cagey
Let's have a look at where we are...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20200615-210124_MetaTrader 5.jpg Size: 97 KB


As predicted:
Attached Image (click to enlarge)
Click to Enlarge Name: 20200615_192619.jpg Size: 12 KB
WT
  • #528,130
  • Jun 15, 2020 3:05pm Jun 15, 2020 3:05pm
Im ready to pounce on a buy, but not just yet.. needs to go up a bit more. Please go up a bit more so i can buy
  • #528,131
  • Jun 15, 2020 3:05pm Jun 15, 2020 3:05pm
Quoting OnlineAddict
Can't believe people are buying this spike...
Well, it depends on the traders exit point.
Le$$ I$ More
  • #528,132
  • Jun 15, 2020 3:15pm Jun 15, 2020 3:15pm
Reach for the sky
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 29 KB
Click to Enlarge Name: GBPUSDDaily.png Size: 27 KB
Click to Enlarge Name: GBPUSDH4.png Size: 34 KB
Click to Enlarge Name: GBPUSDH1.png Size: 24 KB
Compulsions can be hard to resist
  • #528,133
  • Jun 15, 2020 3:32pm Jun 15, 2020 3:32pm
Quoting Siame
It did eventually hit target as I stepped out. Oh well. LONG 1.25884. This bullish momentum should retest 1.2600

CLOSED 1.25984 +10pips
  • #528,134
  • Jun 15, 2020 3:42pm Jun 15, 2020 3:42pm
Need a monthly closed above resistance for long term bullish outlook to start developing
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDMonthly.png Size: 30 KB
Compulsions can be hard to resist
  • #528,135
  • Jun 15, 2020 4:03pm Jun 15, 2020 4:03pm
This does not look good for sellers..
Attached Image
Le$$ I$ More
  • #528,136
  • Jun 15, 2020 4:18pm Jun 15, 2020 4:18pm
I have created a Tradings account for your interestings
  • #528,137
  • Jun 15, 2020 4:28pm Jun 15, 2020 4:28pm
Where is Forex Tradings we miss his wordings
  • #528,138
  • Jun 15, 2020 6:06pm Jun 15, 2020 6:06pm
closed 20 pips loss shorts ... trying a 20 pip longs... in early asian spikes...
Extreme gut feeling trader
  • #528,139
  • Jun 15, 2020 6:10pm Jun 15, 2020 6:10pm
Quoting montygoldy
closed 20 pips loss shorts ... trying a 20 pip longs... in early asian spikes...
I thought you were already buying.
  • #528,140
  • Jun 15, 2020 6:19pm Jun 15, 2020 6:19pm
Quoting left-brained
{quote} I thought you were already buying.
closed my longs n tried a short 1.26050.... completely failed
Extreme gut feeling trader
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