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Cable Update (GBPUSD)

  • #594,821
  • May 13, 2021 9:48am May 13, 2021 9:48am
Bearish ---> GBPUSD to go 1.40000 - 1.39750 Trapped buyers in 1.40500 area
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #594,822
  • May 13, 2021 9:49am May 13, 2021 9:49am
descending channel is almost completed. awaiting breakout confirmation
Attached Image
  • #594,823
  • May 13, 2021 9:50am May 13, 2021 9:50am
Quoting mysterio
Looking for another spike up to short in the 1.4060/70s, target 1.40. PA dependent. If it makes it there {image}
https://www.tradingview.com/x/xoWn59Ms/

Unfortunately FOMOd by a couple of pips (trading on my phone at the gym again lol). As ever I recommend tight stops and BE stop after 10 pips

We're nearly at TP from the last trade I posted from 1.4150 too
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  • #594,824
  • May 13, 2021 9:51am May 13, 2021 9:51am
Quoting Wavegarrick
{quote} Hi Guys, I am getting very subtle cyclic bearish signals and will look to add shorts towards 1.41000. Cheers. {image}
Hi Guys,
I am looking at entering short trades with confirmation of a retrace from a 4hr perspective and bearish signals.
Trade safe,
Cheers
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Trade to trade another day
  • #594,825
  • May 13, 2021 9:54am May 13, 2021 9:54am
i love taking 100 $ with gold
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yes yes yes
  • #594,826
  • May 13, 2021 9:55am May 13, 2021 9:55am
i can scalp mf , for 20 pips
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yes yes yes
  • #594,827
  • Edited 10:18am May 13, 2021 10:04am | Edited 10:18am
...upside breach of the steepest 1hr descending t/line in the pullback off 4005 current dly lo...price banging it's head @ a couple of fibs and start of a prev 1hr swing hi zone =prev res =pot res, @ the current p/back hi (see 1hr below.)

Battle of the hidden div's atm, bullish 4hr at the current dly lo, and bearish 15min/30min at the current p/back hi. 15min is also below.
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Trader with an Edge.
  • #594,828
  • May 13, 2021 10:08am May 13, 2021 10:08am
Quoting Ihlas
{quote} Not it's going to. Will close buy there. And will sell it.
Two short positions.
1. 1.40575
2. 1.40450
TP: 1.40100
And according to the situation
  • #594,829
  • May 13, 2021 10:09am May 13, 2021 10:09am
Quoting Moty
i can scalp mf , for 20 pips {image}
Scalp it for more. Look at your chart again i can see 140 too
Insane in the Brain..
  • #594,830
  • May 13, 2021 10:18am May 13, 2021 10:18am
Quoting BeeTogether
{quote} Scalp it for more. Look at your chart again i can see 140 too
i see this , i prefer to take it at 1.40619 and 1.40774
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yes yes yes
  • #594,831
  • May 13, 2021 10:28am May 13, 2021 10:28am
Is the Daily candle shaping up into something to worry the longer term bears? Will be interesting to see how it closes.

Conversely though - anymore downside and the Weekly could close as a bearish bodied hammer ? Wkly below.

Just speculating/shooting the breeze.
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Trader with an Edge.
  • #594,832
  • May 13, 2021 10:32am May 13, 2021 10:32am
Quoting Tekin
{quote} We dont know what will it do according to up trend it should bounce from 1.4015 to at least 1.4185 so i bought but maybe not so fast lets see
Small long is reloaded with a green h1 candle maybe i will increase lot size
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  • #594,833
  • May 13, 2021 10:35am May 13, 2021 10:35am
Today is slow...but tomorrow is friday...and I am expecting some angry PA during London fix...either an angry bull, which will be great for bears, since they will be able to short from higher...or an angry bear, which will be great for bears as they will be able to cash out. Either way, bears win.
Everyone can see the chart, but only a few can actually read it.
  • #594,834
  • May 13, 2021 10:43am May 13, 2021 10:43am
Scalped and now bouncing for a long at 14027.7 s/l 140 Tp 14077

but of course will scalp if need be
Insane in the Brain..
  • #594,835
  • May 13, 2021 10:44am May 13, 2021 10:44am
Quoting OnlineAddict
Today is slow...but tomorrow is friday...and I am expecting some angry PA during London fix...either an angry bull, which will be great for bears, since they will be able to short from higher...or an angry bear, which will be great for bears as they will be able to cash out. Either way, bears win.
Looking for that higher drop zone
Insane in the Brain..
  • #594,836
  • May 13, 2021 10:45am May 13, 2021 10:45am
Quoting mysterio
{quote} https://www.tradingview.com/x/xoWn59Ms/ Unfortunately FOMOd by a couple of pips (trading on my phone at the gym again lol). As ever I recommend tight stops and BE stop after 10 pips We're nearly at TP from the last trade I posted from 1.4150 too {image}
I just took +30, about 3.5xR. Already met target, was just a bonus. Bird in the hand etc. I believe we have further to go down today.
  • #594,837
  • May 13, 2021 10:48am May 13, 2021 10:48am
bailey , phone home
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yes yes yes
  • #594,838
  • May 13, 2021 10:53am May 13, 2021 10:53am
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  • #594,839
  • May 13, 2021 10:56am May 13, 2021 10:56am
Quoting Lupin.III
The dollar is still strong. Sellers 55% Buyers 45% {image}
Hello Lupin,

Please can you tell us which website this is?

Thanks in advance.
  • #594,840
  • May 13, 2021 11:10am May 13, 2021 11:10am
Quoting Ihlas
{quote} Two short positions. 1. 1.40575 2. 1.40450 TP: 1.40100 And according to the situation
Closed. Will sell again at the zone.
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