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Cable Update (GBPUSD)

  • #594,141
  • May 11, 2021 7:27am May 11, 2021 7:27am
The drop is coming
This is all crooky squeeze play
Drop mf
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yes yes yes
  • #594,142
  • May 11, 2021 7:36am May 11, 2021 7:36am
Quoting Sang.Real
End of Fasting month. Tomorrow is Edi Fitri Wishing you and your family a joyous and blessed Eid. Happy Eid Al-Fitri from me May this Eid-Ul-Fitr be a special one for you all and may it bring you all many happy moments to cherish forever! Stay well and safe. Sincerely Muhammad Abdullah {image}
I pray that Allah’s blessings would fill your life with pleasure and open the doors of success today, tomorrow, and always. Happy Eid Mubarak!
Like me, cuts losses quickly. But has more patience and lets his winn
  • #594,143
  • May 11, 2021 7:43am May 11, 2021 7:43am
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yes yes yes
  • #594,144
  • May 11, 2021 7:45am May 11, 2021 7:45am
Quoting Moty
The drop is coming This is all crooky squeeze play Drop mf {image}
You said it! And I could not have put it in better terms myself !

I also think that if it drops with "crooky squeeze", it will be with this kind of failed attempt from highs.

We may be at the beginning of a serious bear move .

First time in days that I suspect this is maybe happening now. lets seeeeeee

I would not sell above 4130 though, at least not yet...
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #594,145
  • May 11, 2021 7:53am May 11, 2021 7:53am
added buy
let's see how they drop
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dolce vita
  • #594,146
  • May 11, 2021 7:57am May 11, 2021 7:57am
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yes yes yes
  • #594,147
  • May 11, 2021 8:00am May 11, 2021 8:00am
Quoting Ihlas
Will short from 1.41600 Obvious target 1.40600 Not necessary to ride

Activated
Take what is enough
  • #594,148
  • May 11, 2021 8:04am May 11, 2021 8:04am
Quoting kingsleynwan
{quote} hi jay do you think is time to sell GBPUSA pls your thought can help thank you
Hey Kingsley, Apologies for the late response, was held up.

To be completely honest with you, I can't really advise anyone what to do but I sure can tell you what I am doing. I am currently selling and most of my trades are floating DD atm. For me, I am always aiming for broader targets which automatically pushes me to use small LOTS than normal. I can hold for a while and not feel any pressure or whatsoever.

I have other swings trades on Nasdaq and have been selling for 2 weeks (I was in DD for some time there too but it's all green and stuff now)
If anything, I have learned to remain patient regardless of what's happening.

I hope I managed to answer your question even if I couldn't give you a straight answer

Be Kind
  • #594,149
  • May 11, 2021 8:04am May 11, 2021 8:04am
Quoting Moty
{image}
something needs to be pulled from the feet of the pair for a bit. Although that might not be until we have better US news
Insane in the Brain..
  • #594,150
  • May 11, 2021 8:11am May 11, 2021 8:11am
Crooks going for the stops from yesterday's high..just need to outcrook the crooks

Nothing changed for me, for now

Standard crookery

https://www.tradingview.com/x/4vOVnhNV/
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  • #594,151
  • May 11, 2021 8:13am May 11, 2021 8:13am
Quoting BeeTogether
{quote} something needs to be pulled from the feet of the pair for a bit. Although that might not be until we have better US news
i have patient
and i don't have stop loss
the drop will come
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yes yes yes
  • #594,152
  • May 11, 2021 8:14am May 11, 2021 8:14am
USDCAD exploded UP ...byby GBP
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #594,153
  • May 11, 2021 8:14am May 11, 2021 8:14am
Quoting Moty
{quote} i have patient and i don't have stop loss the drop will come {image}
I’m with you. Let’s hope we can see some cash soon
Insane in the Brain..
  • #594,154
  • Edited 10:56pm May 11, 2021 8:16am | Edited 10:56pm
Quoting Vincent1
{quote} Thanks Bones for the information I forgot the Draghi's "Whatever it takes". Copper did a strong bearish candle, waiting for today confirmation. The same for the US stock markets. All this should push USD up and GBPUSD down What can they do? Rake rate as soon as possible? (they said no before 2023)
I wouldn't try to short copper if you look on the Q how long it takes to reverse that kind of momentum from the time you mention 2011 .
I don't think it will reverse there and prices will be accepted at all time highs (on the Q) .I think the speech was the catalyst but I'm sure there are many reasons why it reversed

So the Fed control overnight rates thats what they're talking about not raising.The way to control the rates in the retail economy is buy much more of the curve.
They need to buy the longer maturities and that would be a very expensive idea considering they hold a lot of debt @ the short term end near 0%.

We have to see how this US red data pans out ,to see if rates jump
in my book is it's going to happen ,just a case of when.


https://www.ino.com/blog/2021/05/tre.../#.YJtRPi9Q1qt
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #594,155
  • May 11, 2021 8:16am May 11, 2021 8:16am
Quoting JayBag
{quote} Hey Kingsley, Apologies for the late response, was held up. To be completely honest with you, I can't really advise anyone what to do but I sure can tell you what I am doing. I am currently selling and most of my trades are floating DD atm. For me, I am always aiming for broader targets which automatically pushes me to use small LOTS than normal. I can hold for a while and not feel any pressure or whatsoever. I have other swings trades on Nasdaq and have been selling for 2 weeks (I was in DD for some time there too but it's all green and...
No you nefa answer as me self need dudu osun now
  • #594,156
  • May 11, 2021 8:19am May 11, 2021 8:19am
Quoting BeeTogether
{quote} I’m with you. Let’s hope we can see some cash soon
in 2 and a half hours you will be in profit if you don't already
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yes yes yes
  • #594,157
  • May 11, 2021 8:20am May 11, 2021 8:20am
Closed many longs at 42. Too strong a sell setup now. Cheers all, be careful !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #594,158
  • May 11, 2021 8:23am May 11, 2021 8:23am
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  • #594,159
  • May 11, 2021 8:23am May 11, 2021 8:23am
Quoting Nd10
{quote} No you nefa answer as me self need dudu osun now

Well, the truth be say, as my premier and Canoe soap finish last 2 weeks, my normal liver no dey allow me answer person questions with full chest ooo .

But las last sha you know where we dey go on the low na
  • #594,160
  • May 11, 2021 8:26am May 11, 2021 8:26am
Quoting Moty
{quote} in 2 and a half hours you will be in profit if you don't already {image}
As always. I don't need to purchase indicator. Moty all the way. cheers!
We love him, because he first loved us.
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