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Cable Update (GBPUSD)

  • #529,141
  • Jun 18, 2020 11:36am Jun 18, 2020 11:36am
Quoting ongtrumvn99
Don't Breakout {image}
... wait for it...

Attached Image
WT
  • #529,142
  • Jun 18, 2020 11:36am Jun 18, 2020 11:36am
Not sure, If GBPUSD drops to 0.0000 can i still sell, how does it work
  • #529,143
  • Jun 18, 2020 11:38am Jun 18, 2020 11:38am
Quoting left-brained
{quote} What's your target?
Just got out bud. Ready to take short for 1.2400. Sorry had to get that trade on -5 loss on that trade. Going for 1.2400
Don't trade what you think. Just what you see!!!
  • #529,144
  • Jun 18, 2020 11:42am Jun 18, 2020 11:42am
Short in at 1.2422 going for round number. I've put two trades on.
Target

First one 1 1.2400 (closed down +10pips)
Second one 1.2385 ( sl break even ….lets let it run baby)
Don't trade what you think. Just what you see!!!
  • #529,145
  • Jun 18, 2020 11:44am Jun 18, 2020 11:44am
Quoting mkvy
Not sure, If GBPUSD drops to 0.0000 can i still sell, how does it work
When GBPUSD drops below 0.0000, the pair would switch to USDGBP and from there it would be 0.0000 upwards.
WT
  • #529,146
  • Jun 18, 2020 11:46am Jun 18, 2020 11:46am
Quoting Bartosz77
{quote} When GBPUSD drops below 0.0000, the pair would switch to USDGBP and from there it would be 0.0000 upwards.
I will buy at that level!!!
Don't trade what you think. Just what you see!!!
  • #529,147
  • Jun 18, 2020 11:56am Jun 18, 2020 11:56am
Quoting Theoak
{quote} I will buy at that level!!!
Yup! Go for it!
WT
  • #529,148
  • Jun 18, 2020 12:06pm Jun 18, 2020 12:06pm
it's 12p.m. already here...what a ride, let's go to sleep....but, let's put a buy limit before bed and let the market decide.

good luck everyone
Attached Image (click to enlarge)
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  • #529,149
  • Jun 18, 2020 12:07pm Jun 18, 2020 12:07pm
Quoting Bartosz77
{quote} Yup! Go for it!
Just thought I wont be able to buy it as my money will be worth nothing!!!! Doooooowwwww!!!
Don't trade what you think. Just what you see!!!
  • #529,150
  • Jun 18, 2020 12:08pm Jun 18, 2020 12:08pm
Attached Image (click to enlarge)
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scalped up and down . It hit 2440 and now watch if it breaks . There is a false move up above so fail to break back up again to the x below 2325
  • #529,151
  • Jun 18, 2020 12:10pm Jun 18, 2020 12:10pm
Quoting elbert3
{image} update
1 AM EST candle is important.

The price try to retest highs or lows.

If held, then until next day London open, that signal is usually valid. There are exceptional days though.

If highs or lows broken at 1 AM est, then next day, the price will retest R1 or S1 and then only reverse/retrace.

if any one is long, thier stop must be adjusted to current low, 2403.
Intraday only.
  • #529,152
  • Jun 18, 2020 12:16pm Jun 18, 2020 12:16pm
Looks like I'm the only bear in town.
Attached Image
Don't trade what you think. Just what you see!!!
  • #529,153
  • Jun 18, 2020 12:18pm Jun 18, 2020 12:18pm
Quoting Theoak
Looks like I'm the only bear in town. {image}
i will not hold my bear today. However I do not have short trades, but longs with stop 2403
Intraday only.
  • #529,154
  • Jun 18, 2020 12:20pm Jun 18, 2020 12:20pm
Quoting navk
{quote} i will not hold my bear today. However I do not have short trades, but longs with stop 2403
What would be the reason for pound going up today/tomorrow/next week?
WT
  • #529,155
  • Jun 18, 2020 12:23pm Jun 18, 2020 12:23pm
Quoting Bartosz77
{quote} What would be the reason for pound going up today/tomorrow/next week?
today the drop is over IMO.
Intraday only.
  • #529,156
  • Jun 18, 2020 12:27pm Jun 18, 2020 12:27pm
Attached Image (click to enlarge)
Click to Enlarge Name: gu15m.png Size: 31 KB
yes yes yes
  • #529,157
  • Jun 18, 2020 12:28pm Jun 18, 2020 12:28pm
Quoting navk
{quote} today the drop is over IMO.
I got short with TP @ 1.23514
WT
  • #529,158
  • Jun 18, 2020 12:30pm Jun 18, 2020 12:30pm
Quoting navk
{quote} today the drop is over IMO.
We will find out in about 10mins
Don't trade what you think. Just what you see!!!
  • #529,159
  • Jun 18, 2020 12:40pm Jun 18, 2020 12:40pm
Quoting Bartosz77
{quote} I got short with TP @ 1.23514
we could see 1.22xxx
  • #529,160
  • Jun 18, 2020 12:41pm Jun 18, 2020 12:41pm
Quoting Theoak
{quote} We will find out in about 10mins
10 minutes passed.....what was suppose to happen?
Lost....
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