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Cable Update (GBPUSD)

  • #594,201
  • May 11, 2021 11:13am May 11, 2021 11:13am
Quoting Ntg
GBPCHF is nice too!!!
Yep, I 'm thinking the same!
Al least as profitable alternative to trading cable!
James
  • #594,202
  • May 11, 2021 11:16am May 11, 2021 11:16am
trying a scalp short for 10 pips at 1.41518....
Extreme gut feeling trader
  • #594,203
  • May 11, 2021 11:17am May 11, 2021 11:17am
Quoting Nd10
{quote} Your biase?
Daily BIAS is Bullish
4H Bias is Bullish
1H Bias Range bound
15M Bias is range bound

Waiting for a break out either to top or bottom range. Price action and technical suggest a bullish bias. However, anything can happen. keep watching !
Fools Rushing
  • #594,204
  • May 11, 2021 11:18am May 11, 2021 11:18am
Quoting parshal
{quote} {image}
This looks quite scary. GU should be worried
  • #594,205
  • May 11, 2021 11:22am May 11, 2021 11:22am
Quoting MTF Test
Take it easy, patience will pay off as always. {image}
I have a nice picture on my demo
more than 24 hours
...and she doesn't go away
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-m30-fxcm-australia-pty-3.png Size: 48 KB
dolce vita
  • #594,206
  • May 11, 2021 11:24am May 11, 2021 11:24am
Quoting JayBag
{quote} This looks quite scary. GU should be worried
Seems it's the other way atm
My observation may be wrong but intent correct. Stay calm!
  • #594,207
  • May 11, 2021 11:24am May 11, 2021 11:24am
Quoting MTF Test
Take it easy, patience will pay off as always. {image}
when?
may I ask
thank you
dolce vita
  • #594,208
  • May 11, 2021 11:32am May 11, 2021 11:32am
Quoting babayaga
{quote} when? may I ask thank you
. Thats a great question which i dont have an answer. As you know, i am an investor living in present, trade what i see. Greenback is not giving up yet cable is getting help from euro. I just want to see a flyer, hopefully to the top.
Fools Rushing
  • #594,209
  • May 11, 2021 11:37am May 11, 2021 11:37am
Quoting BeeTogether
{quote} it keeps testing the high 50s and dropping. Something has to give reminds me of how it tested 139 and kept dropping back.
Testing our patience......


But don't be mislead...

Trading is, indeed, very simple, but for psychological reasons, it is very hard.

You wouldn't get paid the big bucks if it was easy.

All the best bro.

Waiting games. . . . . . . . .
  • #594,210
  • May 11, 2021 11:41am May 11, 2021 11:41am
Quoting MTF Test
{quote} . Thats a great question which i dont have an answer. As you know, i am an investor living in present, trade what i see. Greenback is not giving up yet cable is getting help from euro. I just want to see a flyer, hopefully to the top.
your answer could be: "...here it is..."

thank you

I do not think that I am waiting for miracles...
but, get out from monthly inside bar is not a piece of cake
...she said "a", I expect "b" ..........( is it true(?), is it false(?).......not so difficult

P.S. it's happening right now... she's telling
"b" (?)
dolce vita
  • #594,211
  • May 11, 2021 11:43am May 11, 2021 11:43am
Pop.... 14180 - 142 on cards
Insane in the Brain..
  • #594,212
  • May 11, 2021 11:48am May 11, 2021 11:48am
AND NOWWWWW>.. The moment we have all been waiting for :

Time to rocknroll one last time today ! Last position triggered.
Attached Image
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #594,213
  • May 11, 2021 11:48am May 11, 2021 11:48am
Quoting BeeTogether
Pop.... 14180 - 142 on cards
To be honest, I have been waiting for this 'pop' since morning bro. I knew they would never take it down without it. Yesterday's high needed to be faded.
Any move down will likely be the real deal.

Let's see
  • #594,214
  • May 11, 2021 11:52am May 11, 2021 11:52am
Last call for bears, H4 close above 1.4180 and I switch to buying bias. Whilst we're in the zone I'll keep watching for selling opps.

I heard on Bloomberg about renewed worries about inflation (possibly causing the FTSE to slide) and gilt yields flew today, I haven't dug into this much.

Like Jay said, a move above YH is kind of expected and no reason to switch for me just yet

https://www.tradingview.com/x/9T7XJJ5R/
  • #594,215
  • May 11, 2021 11:53am May 11, 2021 11:53am
Quoting Sang.Real
{quote} GU Scalping in progress. Common Lee.... Break the TL Strike higher. !!! {image}

GU

Credit to the Spike Lees great job. Well executed. !

Now, it's time to get ready your hammer down.

Preparing to close scalp position.

Attached Image (click to enlarge)
Click to Enlarge Name: gu 092.jpg Size: 248 KB
  • #594,216
  • May 11, 2021 11:55am May 11, 2021 11:55am
Quoting Sang.Real
{quote} GU Credit to the Spike Lees great job. Well executed. ! Now, it's time to get ready your hammer down. Preparing to close scalp position. {image}
Well done mate ! Now. Wait just a tiny little longer Im serious
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #594,217
  • May 11, 2021 11:58am May 11, 2021 11:58am
Quoting JayBag
{quote} To be honest, I have been waiting for this 'pop' since morning bro. I knew they would never take it down without it. Yesterday's high needed to be faded. Any move down will likely be the real deal. Let's see
I agree. This is not the right time for a breakout. Hence the GBP buying power could be limited on NYC session. Let's see. !

Cheers !
Fools Rushing
  • #594,218
  • Edited 5:15pm May 11, 2021 12:03pm | Edited 5:15pm
Quoting mysterio
Last call for bears, H4 close above 1.4180 and I switch to buying bias. Whilst we're in the zone I'll keep watching for selling opps. I heard on Bloomberg about renewed worries about inflation (possibly causing the FTSE to slide) and gilt yields flew today, I haven't dug into this much. Like Jay said, a move above YH is kind of expected and no reason to switch for me just yet https://www.tradingview.com/x/9T7XJJ5R/
something flashed on my phone screen about that but as I was in a job interview couldn’t read it and now can’t find it. Although I think Bbc mentioned something too

Stock markets slide on fears of rising inflation https://www.bbc.co.uk/news/business-57070373
Insane in the Brain..
  • #594,219
  • May 11, 2021 12:09pm May 11, 2021 12:09pm
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 21 KB
yes yes yes
  • #594,220
  • May 11, 2021 12:09pm May 11, 2021 12:09pm
Quoting MTF Test
{quote} I agree. This is not the right time for a breakout. Hence the GBP buying power could be limited on NYC session. Let's see. ! Cheers !

Hope the market is treating you well
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