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Cable Update (GBPUSD)

  • #595,001
  • May 14, 2021 3:03am May 14, 2021 3:03am
... indecision doji close on last 1hr.
Trader with an Edge.
  • #595,002
  • May 14, 2021 3:06am May 14, 2021 3:06am
Quoting KiwiTrada
{quote} diamond eu dix played out picture perfect, au bo and retesting now, cable is conflicting hrly bear flag in play, but minor inverted H&S with neckline breached, hard to call, prefering larger bear flag, pole target is 1 3843 while the minor H&S target is 1 4104, tricky pa, easier pips elsewhere !!
hrly just close doji adding to my preference :-)
If you are new to Forex? Say Goodbye to your account!!
  • #595,003
  • May 14, 2021 3:13am May 14, 2021 3:13am
Quoting parshal
Bought again at 1.4045 with TP sentiment to test 1.42
So far good
My observation may be wrong but intent correct. Stay calm!
  • #595,004
  • May 14, 2021 3:13am May 14, 2021 3:13am
Quoting KiwiTrada
{quote} diamond eu dix played out picture perfect, au bo and retesting now, cable is conflicting hrly bear flag in play, but minor inverted H&S with neckline breached, hard to call, prefering larger bear flag, pole target is 1 3843 while the minor H&S target is 1 4104, tricky pa, easier pips elsewhere !!
eu @ 1st resistance 1 2117 if she gets through 1 2143 is target dix pattern has target @ 90 29 having said all that I am still lookijng for signs of US$ appreciation??
If you are new to Forex? Say Goodbye to your account!!
  • #595,005
  • May 14, 2021 3:15am May 14, 2021 3:15am
Quoting Pipa1
{quote} You will have plenty bellow 1.3975 , GBPUSD come up a little bit to take a breath,nothing more.
Lets talk these 1.39 at least 1.4055 m15 close everything is possible

last week i was loosing all account for trend and by today i recovered everything with scalps
  • #595,006
  • May 14, 2021 3:18am May 14, 2021 3:18am
Quoting BeeTogether
Another should have would have day so far lol still sticking to my bearish bias maybe a drop to S1 will be the lowest of the day let’s see
Those pesky shoulda woulda coulda's lol - just gotta let them go and give them no further thought .
--------------------------------------------------------------

...we still have the 4hr bullish hidden div @ y/day's 4005 lo and then the 5min bullish hidden div as below.
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Trader with an Edge.
  • #595,007
  • May 14, 2021 3:19am May 14, 2021 3:19am
ADX shows trend (UP?)
let's see how it goes
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dolce vita
  • #595,008
  • May 14, 2021 3:19am May 14, 2021 3:19am
i hav long 14055
Trade with prediction = witch with her visions lol
  • #595,009
  • May 14, 2021 3:20am May 14, 2021 3:20am
Quoting KiwiTrada
{quote} hrly just close doji adding to my preference :-)
doji has high of 1 4075, happy to add short here with sl 13 pips just above the high
If you are new to Forex? Say Goodbye to your account!!
  • #595,010
  • May 14, 2021 3:20am May 14, 2021 3:20am
Quoting MTF Test
I guess I'll be waiting for the candle close to SELL {image}
Waiting game continues >>>>>>> No trade so far for me>>Its just crazy
Fools Rushing
  • #595,011
  • May 14, 2021 3:24am May 14, 2021 3:24am
Big day for Cable today , break of 4078 and she is flying above 4239


Considering the current H1 move is a daily dip RBS rejection
Follow The Markets Structure - Patience and Discipline
  • #595,012
  • May 14, 2021 3:25am May 14, 2021 3:25am
Quoting dimitricss
i hav long 14055
close 15 green.

now again.. waiting again... id like to short
Trade with prediction = witch with her visions lol
  • #595,013
  • May 14, 2021 3:26am May 14, 2021 3:26am
bought gold after scalping a little bit

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dolce vita
  • #595,014
  • May 14, 2021 3:28am May 14, 2021 3:28am
[quote=MTF Test;13537236]{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.

Bears or Bulls ??? >>>> 1.40 or 1.42 ??

Me going with bears today !!!
Fools Rushing
  • #595,015
  • May 14, 2021 3:30am May 14, 2021 3:30am
14076....14103...??? for short...???

Trade with prediction = witch with her visions lol
  • #595,016
  • May 14, 2021 3:31am May 14, 2021 3:31am
H4 timeframe shows long. But I don't have much time to wait. Hope to get a little profit with short.
Time for scalping.
  • #595,017
  • May 14, 2021 3:32am May 14, 2021 3:32am
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yes yes yes
  • #595,018
  • May 14, 2021 3:37am May 14, 2021 3:37am
Quoting Moty
{image}{image}
I am with moty today.

Can this be the beginning ??????
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Fools Rushing
  • #595,019
  • Edited 4:13am May 14, 2021 3:40am | Edited 4:13am
two things limit fed printing
Debt
&
Confidence

It's not unlimited at all ,97% of all money is created by loaning it into existence including QE.
The government have to keep up payments like anyone, this is where MMT is flawed.

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  • #595,020
  • May 14, 2021 3:40am May 14, 2021 3:40am
My EG +25 green pips,patience game pays once again.EG rally today, not much interest in GBP longs,USD stalled , EUR is KING.GBP cannot race with EUR today, maybe another time.
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