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Cable Update (GBPUSD)

  • #529,181
  • Jun 18, 2020 5:19pm Jun 18, 2020 5:19pm
Quoting Not-KPMG
{quote} Bulls Buy much lower.... {image}
Tomorrow we will see the direction of the market.
Together we can be strongest
Vantage Return This Month: na
  • #529,182
  • Jun 18, 2020 5:22pm Jun 18, 2020 5:22pm
Quoting Scotteyy
{quote} Or just the simple reason that their could be more buyers than sellers.
Meh. The mechanical reason is just so BORING.
Focus.
  • #529,183
  • Jun 18, 2020 5:37pm Jun 18, 2020 5:37pm
Quoting Marco-Kanto
{quote} Meh. The mechanical reason is just so BORING.
True but its the only reason the market moves. Brexit, economic data and other fundamentals or technical analysis may influence the number of buyers and sellers but when it comes down to it that's all it is. That's why I wish my broker provided order flow data can't imagine the advantage that would give you.
  • #529,184
  • Jun 18, 2020 5:44pm Jun 18, 2020 5:44pm
Quoting Scotteyy
{quote} True but its the only reason the market moves. Brexit, economic data and other fundamentals or technical analysis may influence the number of buyers and sellers but when it comes down to it that's all it is. That's why I wish my broker provided order flow data can't imagine the advantage that would give you.
MT5 has a DoM panel, if it’s of use. I think I had 7 levels above and below with IC Markets.
Focus.
  • #529,185
  • Jun 18, 2020 5:49pm Jun 18, 2020 5:49pm
expect bounce to 1.25 area
  • #529,186
  • Jun 18, 2020 5:54pm Jun 18, 2020 5:54pm
Quoting Marco-Kanto
{quote} MT5 has a DoM panel, if it’s of use. I think I had 7 levels above and below with IC Markets.
Yeh I use IG, MT4/MT5 confuses me tbh. I prefer something im familiar with. I'm in the process of making an EA that I use on MT4 but aside from that I hate the look of it. If I could make an EA on IG I would. Another annoyance with IG is they only allow plotting of either daily/weekly/monthly pivot points at the same time so I'm constantly switching back and forth. Aside from that its a great broker.
  • #529,187
  • Jun 18, 2020 6:49pm Jun 18, 2020 6:49pm
Quoting akhmadixmail
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 {image}
not touched
  • #529,188
  • Edited 7:48pm Jun 18, 2020 7:29pm | Edited 7:48pm
Looks like its going down again, what happens when you pump an unimaginable amount of money 100 billion into the market. Devaluation. a bit like launching a rocket upside down. or filling 50 Olympic sized swimming pools of 50 pound notes

  1. Gain:+115.87%
  2. Abs. Gain:+173.8%
  3. Daily:1.06%
  4. Monthly:38.45%

  • #529,189
  • Jun 18, 2020 7:40pm Jun 18, 2020 7:40pm
still waiting at 1.2390 to buy.
row row row your boat
  • #529,190
  • Jun 18, 2020 7:45pm Jun 18, 2020 7:45pm
Quoting msniper
this week i will be shorting GBPUSD and GBPJPY once i see it up 100 or 200 pips i will go short my targets 1.21xx and 130s & 128s for GJ
GJ so far 400pips

GU so far 200pip

i will be exiting my shorts if GU reach 1.234x and GJ maybe 131.60 to 131
  • #529,191
  • Jun 18, 2020 8:04pm Jun 18, 2020 8:04pm
i see bullish pattern on DXY with target 99.15

are we going to see 200pips drop on EURUSD & GBPUSD from current prices
Attached Image (click to enlarge)
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  • #529,192
  • Jun 18, 2020 8:08pm Jun 18, 2020 8:08pm
Daily is very bearish.
Compulsions can be hard to resist
  • #529,193
  • Jun 18, 2020 8:10pm Jun 18, 2020 8:10pm
Quoting msniper
i see bullish pattern on DXY with target 99.15 are we going to see 200pips drop on EURUSD & GBPUSD from current prices {image}
I see a 70-100pips retracement on GBPUSD to 1.2460/1.2500 area before another smack down to 1.2360.
Data + Stat + Risk/Emotions Management
  • #529,194
  • Jun 18, 2020 8:12pm Jun 18, 2020 8:12pm
Quoting Georginson
{quote} I see a 70-100pips retracement on GBPUSD to 1.2460/1.2500 area before another smack down to 1.2360.
put 30mins 1h chart we broke down the bearish flag it means we are on the way to make a new low

so i think 1.2360 before any retracements
  • #529,195
  • Jun 18, 2020 8:20pm Jun 18, 2020 8:20pm
good morning . cafe and hunt pips with me.
SCALP WIN
  • #529,196
  • Jun 18, 2020 8:22pm Jun 18, 2020 8:22pm
still not break
Attached Image (click to enlarge)
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SCALP WIN
  • #529,197
  • Jun 18, 2020 8:22pm Jun 18, 2020 8:22pm
bearish flag so far
Attached Image (click to enlarge)
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  • #529,198
  • Jun 18, 2020 8:25pm Jun 18, 2020 8:25pm
Yesterday was a big battle for me and the market. I woke up late this morning and there was no transaction.
SCALP WIN
  • #529,199
  • Jun 18, 2020 8:29pm Jun 18, 2020 8:29pm
H1
Attached Image (click to enlarge)
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SCALP WIN
  • #529,200
  • Jun 18, 2020 8:42pm Jun 18, 2020 8:42pm
According to the picture I drew, GU can go down sharply.
Attached Image (click to enlarge)
Click to Enlarge Name: 5.png Size: 52 KB
SCALP WIN
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