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Cable Update (GBPUSD)

  • #529,221
  • Jun 19, 2020 12:23am Jun 19, 2020 12:23am
Quoting msniper
{quote} 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
There has been 33 pips retracement from that low... I advise a step aside for now as the reversal isn't aggressive enough for my liking. A better buy level now at 1.2380/60 level or a sell at 1.2500 for today only

Cheers
Data + Stat + Risk/Emotions Management
  • #529,222
  • Jun 19, 2020 12:31am Jun 19, 2020 12:31am
LONG 1.24381
  • #529,223
  • Jun 19, 2020 12:41am Jun 19, 2020 12:41am
Attached Image (click to enlarge)
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yes yes yes
  • #529,224
  • Jun 19, 2020 12:45am Jun 19, 2020 12:45am
Quoting ongtrumvn99
The market is always lurking to grab my pips. I will be short again.
watch them pips!
Don't trade what you think. Just what you see!!!
  • #529,225
  • Jun 19, 2020 12:47am Jun 19, 2020 12:47am
Quoting Georginson
{quote} I see a 70-100pips retracement on GBPUSD to 1.2460/1.2500 area before another smack down to 1.2360.
looks like u were right the retracement happen first hehe
  • #529,226
  • Jun 19, 2020 12:49am Jun 19, 2020 12:49am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot at Jun 19 05-51-19.png Size: 94 KB

Possible retracement level is at the weeks open price before the fall rresumes.
Le$$ I$ More
  • #529,227
  • Jun 19, 2020 12:53am Jun 19, 2020 12:53am
Hello guys and gals!
I like to keep things simple.
I am bearish on GBPUSD.
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  • #529,228
  • Jun 19, 2020 12:59am Jun 19, 2020 12:59am
clear Bullish close of 4H candle of 1AM GMT! sneaky upward??!!
  • #529,229
  • Jun 19, 2020 1:04am Jun 19, 2020 1:04am
Quoting ongtrumvn99
SHORT AGAIN 1.2432
out and scalp.

GU took my pips, and I have eur / aud to hunt.
Attached Image (click to enlarge)
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SCALP WIN
  • #529,230
  • Jun 19, 2020 1:05am Jun 19, 2020 1:05am
Quoting Siame
LONG 1.24381
Added 1.24446
  • #529,231
  • Jun 19, 2020 1:11am Jun 19, 2020 1:11am
Quoting genghistar
Buy 12430 SL 12400 30pips TP 12500-12520 70-90pips RR 2x GL All
SL to b/e.
Doesn't look too good..
Cheers
  • #529,232
  • Jun 19, 2020 1:26am Jun 19, 2020 1:26am
Hello. 2400 the lo yesterday and tight asian range as London gets going - fx, More pullback/upside or is the retrace done ?

2hr below shows some of the potential upside barriers including the broken ascending daily/weekly t/line.
Attached Image (click to enlarge)
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Trader with an Edge.
  • #529,233
  • Jun 19, 2020 1:37am Jun 19, 2020 1:37am
i will look to short at daily pivot if there is short signal.
Intraday only.
  • #529,234
  • Jun 19, 2020 1:37am Jun 19, 2020 1:37am
Quoting Siame
LONG 1.24381
Quoting Siame
Added 1.24446
CLOSED both positions @ 1.24530 +23pips
  • #529,235
  • Jun 19, 2020 1:37am Jun 19, 2020 1:37am
08:35 (CN) China said to plan stepping up its purchases of US agricultural products following recent talks - financial press - Source TradeTheNews.com
Life is great!!
  • #529,236
  • Jun 19, 2020 1:38am Jun 19, 2020 1:38am
....nice bounce off the asian hi following pullback - now will Monday's lo area become resistance?
Trader with an Edge.
  • #529,237
  • Jun 19, 2020 1:40am Jun 19, 2020 1:40am
Quoting navk
{quote} 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.
it happened as per my post yesterday.

Now look to short in London session after 5 AM EST candle.
Intraday only.
  • #529,238
  • Jun 19, 2020 1:55am Jun 19, 2020 1:55am
1.2480 is the perfect sell entry for GBPUSD
  • #529,239
  • Jun 19, 2020 1:57am Jun 19, 2020 1:57am
Quoting msniper
1.2480 is the perfect sell entry for GBPUSD
Been on this trend since yesterday and just giving out pips. It kinda went sideways this afternoon, but will continue bearish trend.
  • #529,240
  • Jun 19, 2020 1:58am Jun 19, 2020 1:58am
Quoting navk
{quote} it happened as per my post yesterday. Now look to short in London session after 5 AM EST candle.
please explain why this candle and time exactly?
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