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Cable Update (GBPUSD)

  • #595,641
  • May 18, 2021 1:22am May 18, 2021 1:22am
Well done bulls! Any hopes of good short here rapidly going up in smoke, above 1.4180 the floor is yours I reckon, really looking at the high 1.4200s now :/

But you never know. DXY still has 89.8-89.86
  • #595,642
  • May 18, 2021 1:24am May 18, 2021 1:24am
Quoting parshal
I am keeping my plan from last thursday forward to test the Highs. Based on weekly candle, I am anticipating to test the Highs at 1.423x in this week. On the fundamental side- the NFP figures, CPI and the retail sales have been quite against the expectations. Despite the increase in inflation numbers, FED seems to keep the same policy until there has been reasonable employment done. Therefore DXY probably will pullback a bit this week and then drop below 90. There might also be a pressure on DXY from EU. I do not want anyone to follow my plan. I...
No options left so going with the plan
My observation may be wrong but intent correct. Stay calm!
  • #595,643
  • May 18, 2021 1:28am May 18, 2021 1:28am
Quoting mysterio
Well done bulls! Any hopes of good short here rapidly going up in smoke, above 1.4180 the floor is yours I reckon, really looking at the high 1.4200s now :/ But you never know. DXY still has 89.8-89.86
anything can happen just follow the flow upside downside channel, reject on the Res , sell , back to support buy , until the price broke the channel
i aimed more higher for now if can above 1.42200
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #595,644
  • May 18, 2021 1:37am May 18, 2021 1:37am
Short 4180 for 100
Twitter: Rummer_grapes
  • #595,645
  • May 18, 2021 1:39am May 18, 2021 1:39am
-36 pips draw on my GU LONG, no problem, the target is 200 pips lower from my entry 1.41400.Patience pays (till Friday) as always.
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #595,646
  • May 18, 2021 1:41am May 18, 2021 1:41am
Attached Image (click to enlarge)
Click to Enlarge Name: CamScanner 05-18-2021 09.40.jpg Size: 118 KB
yes yes yes
  • #595,647
  • May 18, 2021 1:41am May 18, 2021 1:41am
Quoting kris89
{quote} anything can happen just follow the flow upside downside channel, reject on the Res , sell , back to support buy , until the price broke the channel i aimed more higher for now if can above 1.42200
Exactly-perfect advice-follow the flow-I am beginning to believe even coming up with a HTF target in my head is making me subconsciously biased as again I was ignoring long signals yesterday and favouring sells. Think I have to ignore making any kind of HTF prediction and just mark everything up. With that said it's sweet when you get it right
  • #595,648
  • May 18, 2021 1:45am May 18, 2021 1:45am
Quoting Moty
{image}
I also see a double bottom on H4 Chart. Just wait for a reversal of DX and short all pair of X/USD
  • #595,649
  • May 18, 2021 1:48am May 18, 2021 1:48am
Quoting mtako
Just woke up to update my SLs for my longer-term trades. Closest one now being at 4085. Also want to wish you all a great trading tuesday ! Price is attacking 3-years highs levels. We could see much stronger volatility in the coming days-weeks. Also important to keep in mind the daily momentum has been steadily strengthening for the last month. If this momentum is not broken apart soon enough, price could past through those highs in one go even before any decent correction. May all of us find the strength to trade safe and by our rules. ......
Bought again 82, sl 72, tp 4211
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #595,650
  • May 18, 2021 1:51am May 18, 2021 1:51am
Quoting Yngwie
Bull has a good support at 4165
Max bull today should not exceed 4225
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #595,651
  • May 18, 2021 1:57am May 18, 2021 1:57am
Quoting Sang.Real
{quote} GU Negative position on swing trades. Approaching resistant and SL above. {image}

GU

Swing trades stopped out.

Back to chart looking for scalping trade again.


Attached Image (click to enlarge)
Click to Enlarge Name: GU 129.jpg Size: 271 KB
  • #595,652
  • May 18, 2021 1:58am May 18, 2021 1:58am
Quoting mysterio
{quote} Exactly-perfect advice-follow the flow-I am beginning to believe even coming up with a HTF target in my head is making me subconsciously biased as again I was ignoring long signals yesterday and favouring sells. Think I have to ignore making any kind of HTF prediction and just mark everything up. With that said it's sweet when you get it right
that why i dont always trade , i take the bottom and let it moving
if possible dont take the falling knife , or flying dagger in the middle , you will get confuse
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #595,653
  • May 18, 2021 2:11am May 18, 2021 2:11am
Gu mf is closing in for 1.42000
It git to revarse there or at 1.42500
yes yes yes
  • #595,654
  • May 18, 2021 2:16am May 18, 2021 2:16am
Quoting Moty
Gu mf is closing in for 1.42000 It git to revarse there or at 1.42500
from my experience , that GU will get that SL hunt before drop , so i was caution of any sign , no hurry
miss one wave , we still can get in second one
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #595,655
  • May 18, 2021 2:18am May 18, 2021 2:18am
Quoting mtako
{quote} Bought again 82, sl 72, tp 4211
moved SL att BE new TP 4230
new setup on volatility buy stop 4195 SL 4179

Quoting mtako
Just woke up to update my SLs for my longer-term trades. Closest one now being at 4085. Also want to wish you all a great trading tuesday ! Price is attacking 3-years highs levels. We could see much stronger volatility in the coming days-weeks. Also important to keep in mind the daily momentum has been steadily strengthening for the last month. If this momentum is not broken apart soon enough, price could past through those highs in one go even before any decent correction. May all of us find the strength to trade safe and by our rules. ......
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #595,656
  • May 18, 2021 2:27am May 18, 2021 2:27am
Eyeing up a short scalp from the 1.42 area. Waiting for some confirmation.
  • #595,657
  • May 18, 2021 2:27am May 18, 2021 2:27am
This bull run aiming 4330... (H&S daily)
of couse will not get there by today..
Peace Yo!
  • #595,658
  • May 18, 2021 2:28am May 18, 2021 2:28am
Signal from IG saying a Potential short from 4190 to 4100.
Insane in the Brain..
  • #595,659
  • May 18, 2021 2:28am May 18, 2021 2:28am
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 21 KB
Attached Image (click to enlarge)
Click to Enlarge Name: dx.png Size: 15 KB
yes yes yes
  • #595,660
  • May 18, 2021 2:29am May 18, 2021 2:29am
Quoting mysterio
Eyeing up a short scalp from the 1.42 area. Waiting for some confirmation.
It’s should be the rejection area however as 410 didn’t reject a good chance 420 won’t either.
Insane in the Brain..
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