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Cable Update (GBPUSD)

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  • Post #595,641
  • Quote
  • May 18, 2021 1:51am May 18, 2021 1:51am
  •  Leesi
  • | Joined Nov 2017 | Status: Member | 947 Posts
Smart money trap retailers by giving sell call and once they realise all trapped, they give buy call and post scary news...
Lol
 
 
  • Post #595,642
  • Quote
  • May 18, 2021 1:54am May 18, 2021 1:54am
  •  Tekin
  • Joined Jul 2018 | Status: Member | 1,334 Posts
Quoting Tekin
Disliked
{quote} so far it was a good scalping day. sold gold agin at 1852 closed cable buy at 1.4105. maybe cable test 1.4152 today waiting for it and gold can make surprise if it pass 1860 time will tell but my target is 1840
Ignored

gold is destroying account unfortunatelly. only hope is 1874 is weekly resistance and trying to close around 1850 hopefully so i dont involve cable. only buy i can try maybe intraday around 1.4152 waiting
 
 
  • Post #595,643
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  • May 18, 2021 1:57am May 18, 2021 1:57am
  •  Whale
  • Joined Jun 2013 | Status: Underwater | 8,432 Posts
Quoting Tekin
Disliked
{quote} gold is destroying account unfortunatelly. only hope is 1874 is weekly resistance and trying to close around 1850 hopefully so i dont involve cable. only buy i can try maybe intraday around 1.4152 waiting
Ignored
should hold according 1h.
hourly close below 1865 should confirm it (few post ago i wrote 1863, typo)
Insolvent
 
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  • Post #595,644
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  • May 18, 2021 1:57am May 18, 2021 1:57am
  •  Marcellus8610
  • | Joined Feb 2021 | Status: Member | 154 Posts
Quoting MarcellusLux
Disliked
Entered with 30 lot size on gbpusd at 1.41002. Long position. tp at 1.41540 and I set a sl level at 1.40790 because I wanna fix the risk after 1.40800 level passing.
Ignored
This trade is now closed by take profit price (at 1.41540 as I set).

as I said in this post
Quoting MarcellusLux
Disliked
{quote} Hi, I dont trade on demo. Yes, this is the resistance level, but now I entered according to the trend, and I did not want to wait until the resistance was overcome and lose points of movement. At the same time, it is enough for me to see the stronger resistance level 1.41700, which will likely pull up the price for testing.
Ignored
, I was confident that the price would be attracted by the 1.41700 level. I just had to wait a bit.

Thank you
Quoting kris89
Disliked
{quote}
Ignored
and
Quoting A-speculator
Disliked
{quote}
Ignored
for participating in the discussion.

I'll come back later for more posts and analysis.


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  • Post #595,645
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  • May 18, 2021 2:07am May 18, 2021 2:07am
  •  BeeTogether
  • Joined Oct 2020 | Status: Member | 5,878 Posts | Online Now
Potential bulls till 142 area. Can’t see bears coming out at all.
 
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  • Post #595,646
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  • May 18, 2021 2:07am May 18, 2021 2:07am
  •  Superfund
  • | Joined Dec 2010 | Status: Member | 11 Posts
Quoting Leesi
Disliked
Smart money trap retailers by giving sell call and once they realise all trapped, they give buy call and post scary news... Lol
Ignored
Yes, it is true..
 
 
  • Post #595,647
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  • May 18, 2021 2:10am May 18, 2021 2:10am
  •  babayaga
  • Joined Aug 2010 | Status: Member | 2,471 Posts
my sell gold
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dolce vita
 
1
  • Post #595,648
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  • May 18, 2021 2:11am May 18, 2021 2:11am
  •  kris89
  • Joined Mar 2021 | Status: Crazy Frog | 3,775 Posts
Quoting Leesi
Disliked
Smart money trap retailers by giving sell call and once they realise all trapped, they give buy call and post scary news... Lol
Ignored
can be reverse version of it . trap retail by givin buy call and drop when they trapped ?
anything can happen.
just stay caution

sell high , buy low , that what i believe when i do trading

i aimed 1.420 area to 1.422 area to see the reaction
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
 
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  • Post #595,649
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  • May 18, 2021 2:22am May 18, 2021 2:22am
  •  mysterio
  • Joined Sep 2009 | Status: Member | 5,441 Posts | Online Now
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
 
2
  • Post #595,650
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  • May 18, 2021 2:24am May 18, 2021 2:24am
  •  parshal
  • | Joined Jan 2021 | Status: Member | 347 Posts
Quoting parshal
Disliked
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...
Ignored
No options left so going with the plan
My observation may be wrong but intent correct. Stay calm!
 
 
  • Post #595,651
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  • May 18, 2021 2:28am May 18, 2021 2:28am
  •  kris89
  • Joined Mar 2021 | Status: Crazy Frog | 3,775 Posts
Quoting mysterio
Disliked
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
Ignored
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"
 
2
  • Post #595,652
  • Quote
  • May 18, 2021 2:37am May 18, 2021 2:37am
  •  Bacco
  • Joined Aug 2020 | Status: Member | 803 Posts
Short 4180 for 100
Twitter: Rummer_grapes
 
1
  • Post #595,653
  • Quote
  • May 18, 2021 2:39am May 18, 2021 2:39am
  •  Pipa1
  • Joined May 2021 | Status: Member | 424 Posts
-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
 
1
  • Post #595,654
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  • May 18, 2021 2:41am May 18, 2021 2:41am
  •  Moty
  • Joined Dec 2017 | Status: Member | 21,561 Posts
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  • Post #595,655
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  • May 18, 2021 2:41am May 18, 2021 2:41am
  •  mysterio
  • Joined Sep 2009 | Status: Member | 5,441 Posts | Online Now
Quoting kris89
Disliked
{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
Ignored
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
 
2
  • Post #595,656
  • Quote
  • May 18, 2021 2:45am May 18, 2021 2:45am
  •  YumiYummy
  • Joined Sep 2020 | Status: Member | 463 Posts
Quoting Moty
Disliked
{image}
Ignored
I also see a double bottom on H4 Chart. Just wait for a reversal of DX and short all pair of X/USD
 
2
  • Post #595,657
  • Quote
  • May 18, 2021 2:48am May 18, 2021 2:48am
  •  mtako
  • Joined Sep 2020 | Status: Member | 4,658 Posts | Online Now
Quoting mtako
Disliked
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. ......
Ignored
Bought again 82, sl 72, tp 4211
If I don't mention SL and TP = longer-term setup possibly in the works!
 
 
  • Post #595,658
  • Quote
  • May 18, 2021 2:51am May 18, 2021 2:51am
  •  Yngwie
  • Joined Aug 2008 | Status: Member | 2,076 Posts | Online Now
Quoting Yngwie
Disliked
Bull has a good support at 4165
Ignored
Max bull today should not exceed 4225
naked trader ~ GBPUSD only!
 
1
  • Post #595,659
  • Quote
  • May 18, 2021 2:57am May 18, 2021 2:57am
  •  Sang.Real
  • | Additional Username | Joined Mar 2020 | 1,607 Posts
Quoting Sang.Real
Disliked
{quote} GU Negative position on swing trades. Approaching resistant and SL above. {image}
Ignored

GU

Swing trades stopped out.

Back to chart looking for scalping trade again.


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  • Post #595,660
  • Quote
  • May 18, 2021 2:58am May 18, 2021 2:58am
  •  kris89
  • Joined Mar 2021 | Status: Crazy Frog | 3,775 Posts
Quoting mysterio
Disliked
{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
Ignored
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"
 
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