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Cable Update (GBPUSD)

  • #543,281
  • Aug 19, 2020 5:17am Aug 19, 2020 5:17am
Quoting vowan4ik
{quote} sl at BE {image}
added now with tp 1.32, sl 15 pips
Attached Image (click to enlarge)
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Like your wife says, hold the fucking position until I tell you I'm done.
  • #543,282
  • Aug 19, 2020 5:18am Aug 19, 2020 5:18am
Quoting Roszey
{quote} Forgive him
ofcourse
in wondering about yourself, you forgot what you came here to be part of
  • #543,283
  • Aug 19, 2020 5:18am Aug 19, 2020 5:18am
Quoting Moty
THIS time i will go to the band , for 25 pips you see , when you go with the trend , even the crooks can't hurt you , trade still valid {image}
re-examine your trend determination.

we are going short
in wondering about yourself, you forgot what you came here to be part of
  • #543,284
  • Aug 19, 2020 5:19am Aug 19, 2020 5:19am
added another position at 1.32330, both at BE.
  • #543,285
  • Aug 19, 2020 5:40am Aug 19, 2020 5:40am
ok, down to 1.2 we go i think. i wouldnt bet on it though, just a thought. GJ tanking, and honestly missed 140 by 50 pips. makes me think we're done. scale in short time. bulls may feel free to prove me wrong.
  • #543,286
  • Aug 19, 2020 5:41am Aug 19, 2020 5:41am
Bingo, made it to the ema! although only with 1 position, the 2nd got stopped out at BE +1 pip. Oh well, still got paid. Onto the next setup
  • #543,287
  • Aug 19, 2020 5:43am Aug 19, 2020 5:43am
Quoting WhipKream
ok, down to 1.2 we go i think. i wouldnt bet on it though, just a thought. GJ tanking, and honestly missed 140 by 50 pips. makes me think we're done. scale in short time. bulls may feel free to prove me wrong.
1.2?
why?
PA Return Today: na
  • #543,288
  • Aug 19, 2020 5:46am Aug 19, 2020 5:46am
Quoting LeongPuiy
{quote} 1.2? why?
us lockdowns stopping. trump gonna win badly. just guts haha. also COT reports are for tuesdays. they will show huge selloff of GBP from dealers. maybe we get a range. this is long term.

not enough range play for the yearly, already at 19% or something. doubt they want that kind of currency fluctuation right now. everyone throwing money around like its roulette. GBP losing about 5% yearly for 3 years now (based on lows). 1.30 plus 2.5% (250 pips) is our current rejection. at best for USD its a range year. but it looks bullish for GBP. all currency is 1:1 for fair transaction in my opinion as well, so overall there is a race towards 0.
  • #543,289
  • Aug 19, 2020 5:48am Aug 19, 2020 5:48am
The trend is changing.
Patience.....
  • #543,290
  • Aug 19, 2020 5:50am Aug 19, 2020 5:50am
Quoting vowan4ik
{quote} added now with tp 1.32, sl 15 pips {image}
moved sl at BE on added trade
Attached Image (click to enlarge)
Click to Enlarge Name: 19 08 04.jpg Size: 164 KB
Like your wife says, hold the fucking position until I tell you I'm done.
  • #543,291
  • Aug 19, 2020 5:56am Aug 19, 2020 5:56am
Hey guys hope everyone gots a good day
Im short for now (close tp), expecting Ny to be a sell to
Good trades
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  • #543,292
  • Aug 19, 2020 5:58am Aug 19, 2020 5:58am
Quoting Fredo219
The trend is changing.
i think, it's just re-test yesterday big moves
around 50-60% yesterday's movement
after opening NY - i'll buy
maybe wrong
trade safe
Like your wife says, hold the fucking position until I tell you I'm done.
  • #543,293
  • Aug 19, 2020 6:05am Aug 19, 2020 6:05am
Quoting trumps
{quote} 1.3 is gone on my chart
gone? what? why?
below 1.3 for me, it will take some days.
i could be wrong. im not a prophet, just my view.
it could go 1.35 before 1.3, i just believe it wont.
  • #543,294
  • Edited 6:18am Aug 19, 2020 6:06am | Edited 6:18am
that said ill buy GJ since yen weak despite risk off.
edit: that didnt last long. now smallllll short GU, big target, stop at 1.33. no more for me for the week, i'll take not losing lol
  • #543,295
  • Aug 19, 2020 6:09am Aug 19, 2020 6:09am
Quoting Moty
are you ready for 1.33000 ? {image}
look at all including support and resistance.

I trust usually Asian, Frankfurt and London levels with entries.

Some how not comfortable with NY session

NY only very few scalps.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 47 KB
Intraday only.
  • #543,296
  • Aug 19, 2020 6:21am Aug 19, 2020 6:21am
Quoting gatenio
{quote} gone? what? why? below 1.3 for me, it will take some days. i could be wrong. im not a prophet, just my view. it could go 1.35 before 1.3, i just believe it wont.
if 1h close below 3209 can bring 3180, then i think price will start consolidate.
close below it.. 50sma on 1h, can bring some action... can pop to the moon if it wont.
  • #543,297
  • Aug 19, 2020 6:24am Aug 19, 2020 6:24am
I got a very lucky break when I short a small position when GBPJPY got rejected again at 140.
IMO GJ at this point still neutral, can still continue uptrend. But if it decides to go down, it might drag GBPUSD with it.
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  • #543,298
  • Aug 19, 2020 6:27am Aug 19, 2020 6:27am
Quoting knkie
{quote} re-examine your trend determination. we are going short
took some scalps south.
Now price is at H4 & H1 support.
If it is going to turn north again, this is where it will happen.
in wondering about yourself, you forgot what you came here to be part of
  • #543,299
  • Aug 19, 2020 6:28am Aug 19, 2020 6:28am
Time for some Wednesday dancing
Attached Image (click to enlarge)
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Attached Image
  • #543,300
  • Aug 19, 2020 6:29am Aug 19, 2020 6:29am
Quoting knkie
{quote} took some scalps south. Now price is at H4 & H1 support. If it is going to turn north again, this is where it will happen.
h1 i agree, cant see the h4 S
i think the hourly close will made a lot of impact.
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