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Cable Update (GBPUSD)

  • #593,381
  • May 7, 2021 2:16am May 7, 2021 2:16am
bye bye dx mf
Attached Image (click to enlarge)
Click to Enlarge Name: dx.png Size: 25 KB
yes yes yes
  • #593,382
  • May 7, 2021 2:17am May 7, 2021 2:17am
Just a trap...don't get overexcited.
Everyone can see the chart, but only a few can actually read it.
  • #593,383
  • May 7, 2021 2:17am May 7, 2021 2:17am
Breakout on London open = DAMN RALLY DAY!!!
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #593,384
  • May 7, 2021 2:19am May 7, 2021 2:19am
Quoting Moty
don't sell that sucker ingulfing bullish on major sup at 1.38930 {image}
But im just sell it from that TL xD.
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #593,385
  • Edited 2:36am May 7, 2021 2:20am | Edited 2:36am
Quoting OnlineAddict
Just a trap...don't get overexcited.
I got trapped LONG at 1.38 on GU and 1.20 on EU...hahahah
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #593,386
  • May 7, 2021 2:22am May 7, 2021 2:22am
Quoting OnlineAddict
Just a trap...don't get overexcited.
1.39500-1.39750 today , it can retrace to 1.38930
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu1.png Size: 23 KB
Click to Enlarge Name: gu2.png Size: 26 KB
yes yes yes
  • #593,387
  • May 7, 2021 2:22am May 7, 2021 2:22am
Quoting Moty
{quote} 1.39500-1.39750 today , it can retrace to 1.38930 {image}
GU will be bearish...this was a trap, nothing more.
Everyone can see the chart, but only a few can actually read it.
  • #593,388
  • May 7, 2021 2:30am May 7, 2021 2:30am
Quoting OnlineAddict
{quote} GU will be bearish...this was a trap, nothing more.
bullish
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 17 KB
yes yes yes
  • #593,389
  • May 7, 2021 2:33am May 7, 2021 2:33am
Bulls are having difficulty breaking above 1.393. Price has been in a consolidation phase for almost 3 days. However, Structure is still intact in 1H time frame for bulls. Bulls are fighting. yet Bears don't wanna give up. I would be patiently waiting for break of structure for a sell trade or to consider a buy trade above 1.393.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 35 KB
Fools Rushing
  • #593,390
  • May 7, 2021 2:34am May 7, 2021 2:34am
Quoting OnlineAddict
Just a trap...don't get overexcited.
Interesting, How did you know it was a trap? Any indication or the sudden 20 pip rise is suspicious? Newbie questions, no offence.
Attached Image
  • #593,391
  • May 7, 2021 2:35am May 7, 2021 2:35am
Quoting IBabyTrader
{quote} Interesting, How did you know it was a trap? Any indication or the sudden 20 pip rise is suspicious? Newbie questions, no offence. {image}
Time of the day...type of the "news".
Everyone can see the chart, but only a few can actually read it.
  • #593,392
  • May 7, 2021 2:40am May 7, 2021 2:40am
Quoting IBabyTrader
{quote} Interesting, How did you know it was a trap? Any indication or the sudden 20 pip rise is suspicious? Newbie questions, no offence. {image}
but it is not a trap
this is part of the replay
it can changed it to straight up to 1.39500-750 without going to 1.38930
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 24 KB
yes yes yes
  • #593,393
  • May 7, 2021 2:41am May 7, 2021 2:41am
GU has been tested and rejected in the white marked area several times but has been consolidating higher, and rejected in the magenta area. For continuation to the upside we need acceptance above 3913. first target 3858.
Attached Image (click to enlarge)
Click to Enlarge Name: InkedCattura_LI.jpg Size: 930 KB
Twitter: Rummer_grapes
  • #593,394
  • May 7, 2021 2:45am May 7, 2021 2:45am
Quoting Bacco
GU has been tested and rejected in the white marked area several times but has been consolidating higher, and rejected in the magenta area. For continuation to the upside we need acceptance above 3913. first target 3858. {image}
Love your screenshot
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #593,395
  • May 7, 2021 2:54am May 7, 2021 2:54am
Interesting how so many are changing their positions on EU going LONG above 1.20750 ,this will fuel a a rally and a selloff on top of the day from who knows how to play the game.After all ,the retail is the last one to join the party,they mostly buy in distribution.
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #593,396
  • May 7, 2021 2:55am May 7, 2021 2:55am
am i the only one that seeing that ?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu1.png Size: 26 KB
Click to Enlarge Name: dx.png Size: 28 KB
yes yes yes
  • #593,397
  • May 7, 2021 3:03am May 7, 2021 3:03am
Prepared for 30 - 100 k more Drawdown but will be loading more there. No rush in terms of waiting time.
Precise Execution!
  • #593,398
  • May 7, 2021 3:05am May 7, 2021 3:05am
I smell big drop will coming. If price not moving down until news its possible spike up and then falling
Wish Me Luck
Attached Image (click to enlarge)
Click to Enlarge Name: GU.jpg Size: 408 KB
  • #593,399
  • May 7, 2021 3:07am May 7, 2021 3:07am
Quoting parshal
Based on the last weekly candle, this week has to go bearish close. So today I count on bulls and tomorrow major fall. By tomorrow election results may also be there along with the NFP. At the moment it seems the correction is made due to the news event of BoE. I am anticipating 1.397x and then fall to 1.3750. Lets see how it goes.
I am still alive with my plan...How many are still?
My observation may be wrong but intent correct. Stay calm!
  • #593,400
  • May 7, 2021 3:11am May 7, 2021 3:11am
Retails are fueling LONG.....they are increasing SHORT positions
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 26 KB
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