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Cable Update (GBPUSD)

  • #528,441
  • Jun 16, 2020 4:46pm Jun 16, 2020 4:46pm
Quoting epzero
stupid cable has started buying in asia again i hope it doesn't get up to 100pips
Why does that make cable stupid?

And I would bet it will go higher to get people's SLs before BoE on thursday, so you can't really complain if you jump in too early.
Everyone can see the chart, but only a few can actually read it.
  • #528,442
  • Jun 16, 2020 5:07pm Jun 16, 2020 5:07pm
Quoting epzero
stupid cable has started buying in asia again i hope it doesn't get up to 100pips
Most people are selling so big banks will go pick up all the SL so will get higher
  • #528,443
  • Edited 6:01pm Jun 16, 2020 5:50pm | Edited 6:01pm
hmmm ..looks today will up again in asia
  • #528,444
  • Jun 16, 2020 5:52pm Jun 16, 2020 5:52pm
cable is really acting messing in asia section
  • #528,445
  • Jun 16, 2020 6:24pm Jun 16, 2020 6:24pm
good morning . continue my pips hunt every day.
SCALP WIN
  • #528,446
  • Jun 16, 2020 7:01pm Jun 16, 2020 7:01pm
Quoting epzero
cable is really acting messing in asia section
it will go up today.

In frankfurt session.

Keep an eye at 2548 or 2520
Intraday only.
  • #528,447
  • Jun 16, 2020 7:16pm Jun 16, 2020 7:16pm
Day Trading | H1 Timeframe

Market appears to be forming what seems to be a Descending Triangle pattern heading towards Support Zone near 1.25500.

If market sentiment is bearish, there is a possibility for price to break below the current Support Zone and target 1.24580.
Attached Image (click to enlarge)
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Trade What You See; Think in Probabilities;
  • #528,448
  • Jun 16, 2020 7:20pm Jun 16, 2020 7:20pm
Quoting navk
{quote} it will go up today. In frankfurt session. Keep an eye at 2548 or 2520
agree...
row row row your boat
  • #528,449
  • Jun 16, 2020 7:23pm Jun 16, 2020 7:23pm
Quoting JeForceX
Day Trading | H1 Timeframe Market appears to be forming what seems to be a Descending Triangle pattern heading towards Support Zone near 1.25500. If market sentiment is bearish, there is a possibility for price to break below the current Support Zone and target 1.24580. {image}
this is to support your analysis.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 194 KB
PATIENCE AND DISCIPLINE!
  • #528,450
  • Jun 16, 2020 7:54pm Jun 16, 2020 7:54pm
yesterday low is broken
Attached Image(s) (click to enlarge)
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yes yes yes
  • #528,451
  • Jun 16, 2020 8:05pm Jun 16, 2020 8:05pm
Quoting Moty
yesterday low is broken {image} {image} {image}
moty.. moty... he is doing his magic.
  • #528,452
  • Jun 16, 2020 8:13pm Jun 16, 2020 8:13pm
index dollar chart 1H looks like forming cup and handle pattern, IMHO
  • #528,453
  • Jun 16, 2020 8:20pm Jun 16, 2020 8:20pm
Quoting Moty
yesterday low is broken {image} {image} {image}
i wonder how much your profit floating? tell us
  • #528,454
  • Jun 16, 2020 8:33pm Jun 16, 2020 8:33pm
Quoting Kimjoun
{quote} i wonder how much your profit floating? tell us
now i am with 140 $ in profit with 0.49 lot position in total
if price will get to 1.24740 i will earn 450 $
yes yes yes
  • #528,455
  • Jun 16, 2020 8:43pm Jun 16, 2020 8:43pm
Manage to catch drop for 90 pips. Trend still bullish. Price still play uptrend channel. 2500 level to see. Break 2590 - 2602 cable up. Break 98.75 DXY weak. Extreme Support 2493 & Extreme Resistance 2696
Attached Image (click to enlarge)
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Attached Image
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #528,456
  • Jun 16, 2020 8:47pm Jun 16, 2020 8:47pm
Quoting Moty
{quote} now i am with 140 $ in profit with 0.49 lot position in total if price will get to 1.24740 i will earn 450 $
Bro instead of risking your profit just close it partially and take sell again at high to achieve more profit.
Just a opinion
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #528,457
  • Jun 16, 2020 8:55pm Jun 16, 2020 8:55pm
I have discovered that it could be better to learn and be patience to follow your personal intuitions and person analysis of the trading chart. I mean follow what you see not what you feel. There is something hidden in human that would want to keep defending your loosing position just because you already place a trade in that direction. Just be highly focused and be patience to follow the trend. If it goes up ,go along with it. If the trend is going down, just follow suit. Just my own personal advise and opinion.
Whatever the mind can Conceive, it can achieve it.
  • #528,458
  • Jun 16, 2020 9:35pm Jun 16, 2020 9:35pm
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yes yes yes
  • #528,459
  • Jun 16, 2020 10:16pm Jun 16, 2020 10:16pm
There are many news that seems favourable to GBPUSD today and tomorrow. The trend is still NORTH. the price is neutral now. It could go down to 1.2450 and it could go up to 1.26+ . Trade with cautions. Be patience and follow the trend. A trader that follow the trend will land safely at the bay.
Whatever the mind can Conceive, it can achieve it.
  • #528,460
  • Jun 16, 2020 10:29pm Jun 16, 2020 10:29pm
Attached Image (click to enlarge)
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yes yes yes
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