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Cable Update (GBPUSD)

  • #594,861
  • May 13, 2021 12:09pm May 13, 2021 12:09pm
Quoting mysterio
{quote} Good luck. I nearly took a long on this W retracement leg It was the bond auction and dxy shot up, but GU doesn't want to drop, so I think it could go long. But cause of the auction news I'm gonna leave it for now until it calms https://www.tradingview.com/x/gjBPZowN/
Thank you. I can close it anytime. Not necessary to hit TP According to the situation
This time it will break 1.4
  • #594,862
  • May 13, 2021 12:14pm May 13, 2021 12:14pm
Quoting Ihlas
{quote} Thank you. I can close it anytime. Not necessary to hit TP According to the situation This time it will break 1.4
Yeah, you're probably right. I am overthinking the situation at the moment. I do believe we will break 1.40 soon just unsure of the timing. There are just some bullish fingerprints on the LTF chart.
  • #594,863
  • May 13, 2021 12:17pm May 13, 2021 12:17pm
Quoting mysterio
{quote} Yeah, you're probably right. I am overthinking the situation at the moment. I do believe we will break 1.40 soon just unsure of the timing. There are just some bullish fingerprints on the LTF chart.
Main thing is making cash which you are good at
Not necessary who is right or wrong
  • #594,864
  • May 13, 2021 12:18pm May 13, 2021 12:18pm
Quoting mysterio
{quote} Yeah, you're probably right. I am overthinking the situation at the moment. I do believe we will break 1.40 soon just unsure of the timing. There are just some bullish fingerprints on the LTF chart.
You know what: On Wednesday, the US government reported that consumer prices for goods and services surged 0.8% in April - the largest monthly jump in more than a decade - and that year-over-year inflation reached its fastest rate since 2008.
Looks like we are going to have couple of amazing weeks on the market.

Might wanna sell GOLD ...now.
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Fools Rushing
  • #594,865
  • May 13, 2021 12:19pm May 13, 2021 12:19pm
the move will come only tomorrow
100 pips drop i see
Attached Image (click to enlarge)
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yes yes yes
  • #594,866
  • May 13, 2021 12:21pm May 13, 2021 12:21pm
Quoting MTF Test
{quote} You know what: On Wednesday, the US government reported that consumer prices for goods and services surged 0.8% in April - the largest monthly jump in more than a decade - and that year-over-year inflation reached its fastest rate since 2008. Looks like we are going to have couple of amazing weeks on the market.
Yes, precisely. This is HUGE. I don't believe this is just a temporary bounce on the dollar hence keeping my overall short bias on GU.
  • #594,867
  • May 13, 2021 12:22pm May 13, 2021 12:22pm
Quoting Theoak
If this turns and break the line, will be shorting!!!! {image}
Short in at 1.4042, 34, 32 and 30 lets hope it breaks the line for BOOOM!
Attached Image (click to enlarge)
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Don't trade what you think. Just what you see!!!
  • #594,868
  • May 13, 2021 12:23pm May 13, 2021 12:23pm
Quoting Moty
the move will come only tomorrow 100 pips drop i see {image}
im with you the drop.. it’s been pretty range bound most of the day today. Whether we see 14070 before the drop I’m not sure. I have set my long to TP around 14075 however I like you all I will close manually if need be.
Insane in the Brain..
  • #594,869
  • May 13, 2021 12:35pm May 13, 2021 12:35pm
Quoting Ihlas
{quote} Sold at 1.40500 {quote} {image}
Closed. Will sell again at the 1.40300 as a correction
  • #594,870
  • May 13, 2021 12:37pm May 13, 2021 12:37pm
Quoting Theoak
{quote} Short in at 1.4042, 34, 32 and 30 lets hope it breaks the line for BOOOM! {image}
Took the Bugs Bunny. Now if the hour candle holds this line will jump back in the bear ride!!!
Attached Image (click to enlarge)
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Don't trade what you think. Just what you see!!!
  • #594,871
  • May 13, 2021 12:40pm May 13, 2021 12:40pm
Here we goooooo
Trade with prediction = witch with her visions lol
  • #594,872
  • May 13, 2021 12:48pm May 13, 2021 12:48pm
Quoting Theoak
{quote} Took the Bugs Bunny. Now if the hour candle holds this line will jump back in the bear ride!!! {image}
The thing that might cock this up is if a double bottom is formed on this hour timeframe. Might be worth seeing how the 4 hr completes
Attached Image (click to enlarge)
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Don't trade what you think. Just what you see!!!
  • #594,873
  • May 13, 2021 1:00pm May 13, 2021 1:00pm
i'm still in the negative € since last friday xD damn i want to break out of this
  • #594,874
  • May 13, 2021 1:03pm May 13, 2021 1:03pm
Quoting Ihlas
{quote} Main thing is making cash which you are good at Not necessary who is right or wrong
Thank you buddy and you're absolutely right. Love seeing your trade calls keep up the good work sir
  • #594,875
  • Edited 2:00pm May 13, 2021 1:11pm | Edited 2:00pm
Possible action for the rest of the day/tomorrow for the scalpers. Obviously an approximation not a recommendation.

However usually best to wrap up this time of day. I'm not trading it.
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  • #594,876
  • May 13, 2021 1:17pm May 13, 2021 1:17pm
Quoting Ihlas
{quote} Closed. Will sell again at the 1.40300 as a correction
Can close it anytime A2TS (according to the situation)
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  • #594,877
  • May 13, 2021 1:45pm May 13, 2021 1:45pm
Quoting windows1087
i'm still in the negative € since last friday xD damn i want to break out of this
You will buddy. Keep at it
  • #594,878
  • May 13, 2021 2:00pm May 13, 2021 2:00pm
...some consolidation going on between the current dly lo and current p/back hi...1hr just closed bullish engulf of last two candles on that t/f - it's hi @ the prev 30min sw hi zone =prev res=pot res. (Pink zone on chart below.) 1hr below.

Till tomorrow.
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Trader with an Edge.
  • #594,879
  • May 13, 2021 2:03pm May 13, 2021 2:03pm
Quoting Ihlas
{quote} Can close it anytime A2TS (according to the situation) {image}
Are you still in? I was watching 1.404x for a rejection but it's not forthcoming. Not trading it tonight.
  • #594,880
  • May 13, 2021 2:09pm May 13, 2021 2:09pm
Quoting Tekin
{quote} Small long is reloaded with a green h1 candle maybe i will increase lot size {image}
ıf its 4 points to stop leave it lets see tomorrow maybe 1.3985 or whatever it was a good day and good week also
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