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Cable Update (GBPUSD)

  • #593,781
  • May 10, 2021 1:25am May 10, 2021 1:25am
Mf , you need to retrace
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yes yes yes
  • #593,782
  • May 10, 2021 1:30am May 10, 2021 1:30am
Quoting Moty
Mf , you need to retrace {image}
totally agree... I think we might have a drop from
tomorrow. A bit like last month when the cycle of a bullish run took us over 139 towers 140 before a drop towards 13850.
Insane in the Brain..
  • #593,783
  • May 10, 2021 1:38am May 10, 2021 1:38am
yes, it may deop to 4030/20 then must push up again IMO.

Probably to 4080/4100
Intraday only.
  • #593,784
  • May 10, 2021 1:44am May 10, 2021 1:44am
Maybe it was a hint
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Air force
  • #593,785
  • May 10, 2021 1:45am May 10, 2021 1:45am
Quoting Moty
Mf , you need to retrace {image}
Bears coming soon , dont worry
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  • #593,786
  • May 10, 2021 1:46am May 10, 2021 1:46am
Lets see if the mini channel holds. Not guaranteed but gives a potential re-buy level.

When GU seems to be on a mission like this, exercise caution if deciding to short here

https://www.tradingview.com/x/GuJuG1a1/
  • #593,787
  • May 10, 2021 1:47am May 10, 2021 1:47am
Quoting Sang.Real
{quote} GU Ranging ? Whipsaw ? Retest previous RBR/ Support level. ? Let's wait for the set up to complete. {image}

GU

Scalping short


H4 Set up
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M30 Entry
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  • #593,788
  • May 10, 2021 1:53am May 10, 2021 1:53am
Quoting KiwiTrada
interesting how many psych levels in play presently, Dix 90 00, nu 7300, cable 1 4000, eu 1 2200, swissy 9000, UCad 1 2100,, with all doom and gloom for USD, I suspect USD will rally bulls will obliterate all bears queued up, typical "sentimental PA" trap
cad 121 000 just tapped previous low monthly 120 600 new line in the sand, starting to build position into 120 600 :-)
geppy close to previous daily high 153 39, us$ is spanking yen so is gbp, will decide if sell cable geppy after brit open??
If you are new to Forex? Say Goodbye to your account!!
  • #593,789
  • May 10, 2021 1:55am May 10, 2021 1:55am
Cable looking for retaikers stoploss
  • #593,790
  • May 10, 2021 2:01am May 10, 2021 2:01am
Morning Gang,

Damnn GU spiked like crazy but nothing to worry about if one was LOTing wisely. My first entry on GU is at 1.3971. I am currently floating in DD and since I never intend to make 28 Billion at one go, I am not bothered atm. I will be observing my initial entry at 1.3971 for a restest or break. Today's close should be interesting.

Stay Safe and Be Kind Gang
  • #593,791
  • May 10, 2021 2:02am May 10, 2021 2:02am
Quoting martinez1
Buy in every opportunity as long as price stays above 1.4000 and sell in every chance when its below. Thank me later
Come take your time o. Some of us d Sell
  • #593,792
  • May 10, 2021 2:04am May 10, 2021 2:04am
Quoting JayBag
Morning Gang, Damnn GU spiked like crazy but nothing to worry about if one was LOTing wisely. My first entry on GU is at 1.3971. I am currently floating in DD and since I never intend to make 28 Billion at one go, I am not bothered atm. I will be observing my initial entry at 1.3971 for a restest or break. Today's close should be interesting. Stay Safe and Be Kind Gang
Baba e get as the matter take be o. E d pain me say me buy order, i no even am. Let's see sha. Wetin b DD
  • #593,793
  • May 10, 2021 2:11am May 10, 2021 2:11am
general sell and buy zone from what I can see, before new heights
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Compulsions can be hard to resist
  • #593,794
  • May 10, 2021 2:11am May 10, 2021 2:11am
Quoting Nd10
{quote} Baba e get as the matter take be o. E d pain me say me buy order, i no even am. Let's see sha. Wetin b DD
Asin eh, no be small thing right now but I believe no matter how e wan be pass, 1.397 area go still come around. Either to bounce am or continue the bearish idea.

DD na ‘Draw Down’ meaning loss
  • #593,795
  • May 10, 2021 2:17am May 10, 2021 2:17am
Quoting Sang.Real
{quote} GU Scalping short H4 Set up {image} M30 Entry {image}

GU


Add position, hope price will go down faster..



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  • #593,796
  • May 10, 2021 2:18am May 10, 2021 2:18am
Defo running out steam, but not sure if this is a bear trap or not!
Don't trade what you think. Just what you see!!!
  • #593,797
  • May 10, 2021 2:28am May 10, 2021 2:28am
Morning all. LO is hopeful for the bears so far. To me it looks like the usual Frankfurt Open up, London Open down scenario, but the 9 am GMT hourly close will give us a better idea. I’m short 1.4060, thight SL 1.4069 targeting 1.4025. Green pips to all of you.
Did you place your stop loss order? Why not?!? Story of my life...
  • #593,798
  • May 10, 2021 2:40am May 10, 2021 2:40am
Quoting JayBag
{quote} Asin eh, no be small thing right now but I believe no matter how e wan be pass, 1.397 area go still come around. Either to bounce am or continue the bearish idea. DD na ‘Draw Down’ meaning loss
Oo Drawdown. No know say na DD. E d pain me gan. I d make this kin mistake so much. But no wahala. Stuck with 2 sell she. Make we see as e go be.
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just check out my analysis last 2 Saturdays wey i no follow. Over 200 pips
  • #593,799
  • May 10, 2021 2:44am May 10, 2021 2:44am
Quoting Nd10
{quote} Oo Drawdown. No know say na DD. E d pain me gan. I d make this kin mistake so much. But no wahala. Stuck with 2 sell she. Make we see as e go be. {image}just check out my analysis last 2 Saturdays wey i no follow. Over 200 pips
The thing get as e be ooo. May is usually a bearish month and it is now overbought in all sense of it, I still see a big drop Sha... This buy na to remove and chop sellers money as dey do am for February before big fall to 1.3670.
Data + Stat + Risk/Emotions Management
  • #593,800
  • May 10, 2021 2:44am May 10, 2021 2:44am
A lot will depend on today’s strength. The weekend push up was a lot stronger than i personally expected. Will we see 141 today? Potentially will 142 be on the radar going forward potentially but only after a lock and load
Insane in the Brain..
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