c'mon bears...don't lose this now!!!
1
Cable Update (GBPUSD)
- #594,423
- May 12, 2021 7:45am May 12, 2021 7:45am
- Joined Apr 2020 | Status: Trader | 8,804 Posts
Trader with an Edge.
- #594,427
- May 12, 2021 7:51am May 12, 2021 7:51am
a different view. first goes down to take out the buyers, then up to take down the sellers, 3 the big move is at the liquidity area above the wick were sell limits accumulate for a further drop. i dont trade based on these, i used too, now i only use structure and mean reversion aong with market sentiment ( i try to trade against the sentiment) {image}
gotta love the news
offering my system to copy trade. check my link
- #594,429
- May 12, 2021 7:54am May 12, 2021 7:54am
- | Joined May 2021 | Status: Full Time Trader. | 10 Posts
GBP interest rates are higher than the FED, that is, the pound is stronger than the dollar, the pound sterling at the level of June futures contracts indicates that we will not have any macroeconomic change that the price may fall, On the contrary, it is indicating that it can go up to 1.42415 or 1.43585, the open interest data indicates that the price can continue to rise in a macroeconomic context. {image} {image} {image}
- #594,430
- May 12, 2021 7:55am May 12, 2021 7:55am
- Joined Oct 2020 | Status: Trader | 14,004 Posts
Insane in the Brain..
- #594,431
- May 12, 2021 7:55am May 12, 2021 7:55am
- Joined May 2020 | Status: Best trader ever to exist ever | 10,698 Posts
{quote} The truth is, we dunno. Take your profits and wait for the volatility to play out a bit. Nearly 1pc inflation m/m is a crazy print, Surely the dollar will rebase higher on this? H1 supply neatly holding back the rocket for now. https://www.tradingview.com/x/HFZxLVxm/
- #594,432
- May 12, 2021 7:57am May 12, 2021 7:57am
- Joined Mar 2017 | Status: american cichlid lover | 1,302 Posts
Its going back up.. LMAO.
Wtf
Glad im all clear with 3000$ ❤❤
Wtf
Glad im all clear with 3000$ ❤❤
Trade with prediction = witch with her visions lol
- #594,433
- May 12, 2021 7:59am May 12, 2021 7:59am
- Joined Dec 2017 | Status: Trader | 30,688 Posts
hit it again 
yes yes yes
- #594,435
- May 12, 2021 8:02am May 12, 2021 8:02am
- Joined Mar 2017 | Status: american cichlid lover | 1,302 Posts
{quote} you did make 3k with this trades now?
Trade with prediction = witch with her visions lol
- #594,437
- May 12, 2021 8:05am May 12, 2021 8:05am
- Joined Mar 2017 | Status: american cichlid lover | 1,302 Posts
Jeezz 
Look at dxy...
Look at dxy...
Trade with prediction = witch with her visions lol
- #594,438
- May 12, 2021 8:06am May 12, 2021 8:06am
- Joined Mar 2017 | Status: american cichlid lover | 1,302 Posts
Trade with prediction = witch with her visions lol
- #594,439
- May 12, 2021 8:06am May 12, 2021 8:06am
{quote} do you life from trading? i hope if it drops to 1.39xx i can make 100€ - 150€ xD
So far I have added 0.15 lot for short with my 10k deposit. I don't think it can easily burn my account lol.
- #594,440
- May 12, 2021 8:07am May 12, 2021 8:07am
- Joined Sep 2009 | Status: Trader | 6,009 Posts
{quote} "we dunno" in a nutshell
Now, do they take out one or both of these highs before back down?
Or is my analysis a shambles and I got lucky with my guessing? Happy to be out for now.
https://www.tradingview.com/x/w9yRRGCq/