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Cable Update (GBPUSD)

  • #596,241
  • May 20, 2021 3:49am May 20, 2021 3:49am
Quoting gatenio
Short 1.413 tp 1.4078 sl 30 pips
im out +18, i didnt like the bulls move.. seems like a inner bullish pattern in bigger short pattern.
i may wrong, but safe.
  • #596,242
  • May 20, 2021 3:50am May 20, 2021 3:50am
Quoting gatenio
{quote} im out +15, i didnt like the bulls move.. seems like a inner bullish pattern in bigger short pattern.
Bear testing ma 200 on h1 and yesterday low , if break maybe test 1.4050, if fail back to 1.4200
  • #596,243
  • May 20, 2021 3:52am May 20, 2021 3:52am
Quoting gatenio
{quote} im out +18, i didnt like the bulls move.. seems like a inner bullish pattern in bigger short pattern.
my friend , the drop is here
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: gu2.png Size: 46 KB
yes yes yes
  • #596,244
  • May 20, 2021 3:55am May 20, 2021 3:55am
i will buy you all a cola if it drops down to 1.400 today
  • #596,245
  • May 20, 2021 3:57am May 20, 2021 3:57am
Quoting Sang.Real
{quote} GU Scalping at SRF zone. Only the first limit order filled. Second limit order still pending. {image}

GU

End of scalping. Fast in/out

Finding another set up

Attached Image (click to enlarge)
Click to Enlarge Name: gu 151.jpg Size: 288 KB
  • #596,246
  • May 20, 2021 3:58am May 20, 2021 3:58am
Quoting windows1087
i will buy you all a cola if it drops down to 1.400 today
only cola ? at least add a shawarma in a pita on the side
yes yes yes
  • #596,247
  • May 20, 2021 3:58am May 20, 2021 3:58am
Quoting Moty
{quote} my friend , the drop is here {image} {image}
Becarefull my friend, bear not clear until h1 close under 1.41
  • #596,248
  • May 20, 2021 4:00am May 20, 2021 4:00am
Quoting Moty
{quote} my friend , the drop is here {image} {image}
go with her..

i agree with the downtrend, but i dont think i need to explain myself why im out of my short now.
intraday traders should know.
  • #596,249
  • May 20, 2021 4:01am May 20, 2021 4:01am
Quoting windows1087
i will buy you all a cola if it drops down to 1.400 today
what "coke"
  • #596,250
  • May 20, 2021 4:03am May 20, 2021 4:03am
Quoting Moty
{quote} only cola ? at least add a shawarma in a pita on the side
im not sure he know what it is.. LOL
  • #596,251
  • May 20, 2021 4:04am May 20, 2021 4:04am
Quoting gatenio
{quote} go with her.. i agree with the downtrend, but i dont think i need to explain myself why im out of my short now. intraday traders should know.
I have bad feeling too, like it wanna rocket to 1.4160
  • #596,252
  • May 20, 2021 4:06am May 20, 2021 4:06am
Quoting Sang.Real
{quote} GU End of scalping. Fast in/out Finding another set up {image}
Smart to lock in the pips. I hodl too much sometimes. Hodling now waiting for that 1.41 to break
  • #596,253
  • May 20, 2021 4:08am May 20, 2021 4:08am
Quoting voeltoez
{quote} I have bad feeling too, like it wanna rocket to 1.4160
you got skills.

idk about the 1.416, bulls know how to make bears miserable.
intraday trader like me dont like to be on the wrong side today, even if it drop 500 tomorrow.

real bulls will show above 4175, till then sell high is good.
  • #596,254
  • May 20, 2021 4:09am May 20, 2021 4:09am
Quoting Pretense
{quote} Smart to lock in the pips. I hodl too much sometimes. Hodling now waiting for that 1.41 to break
Yes, I have booked too. If you're intraday/5m TF on cable, highly recommended to book and reload later. There are dozens of opportunities a day. Grab 2 or 3 (or whatever you need), in and out, then walk away. The longer you hold, the more you feel entitled to the max level it reached as it retraces. Better to zap such emotions and book it.

If you got say 3-4xR on that last drop then you've already asked a lot from the market. Asking for more and you're chances of getting taken out with nothing or worse, a loss, greatly increase. Just my way, obviously a swing trader looking for 300 pips will look at that statement with confusion.
  • #596,255
  • May 20, 2021 4:09am May 20, 2021 4:09am
In pict H1 , Ma 200 like hard to break, antidot still bullish, better not to short before 1.41 break
Attached Image (click to enlarge)
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  • #596,256
  • May 20, 2021 4:10am May 20, 2021 4:10am
Quoting voeltoez
{quote} Becarefull my friend, bear not clear until h1 close under 1.41
it's coming
3.5 hours from now , There will be Initial claims for unemployment benefits data
Attached Image (click to enlarge)
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yes yes yes
  • #596,257
  • May 20, 2021 4:11am May 20, 2021 4:11am
Quoting Sang.Real
{quote} GU End of scalping. Fast in/out Finding another set up {image}

GU


Scalp LONG at RBS zone


Thanks to Headland. Nice analysis.

Attached Image (click to enlarge)
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  • #596,258
  • May 20, 2021 4:13am May 20, 2021 4:13am
Quoting Moty
{quote} it's coming 3.5 hours from now , There will be Initial claims for unemployment benefits data {image}
Yes because h4 in my chart is clear bearish..
So my thought it will Ranging 1.4110 - 1.4160 area in 3 hr..lol..
  • #596,259
  • May 20, 2021 4:13am May 20, 2021 4:13am
what's with this https://www.investing.com/economic-c...ends-orders-34
  • #596,260
  • May 20, 2021 4:15am May 20, 2021 4:15am
Quoting gatenio
{quote} you got skills. idk about the 1.416, bulls know how to make bears miserable. intraday trader like me dont like to be on the wrong side today, even if it drop 500 tomorrow. real bulls will show above 4175, till then sell high is good.
usually do double top with higher than before to take down SL
may be wrong
if dont it will dash break
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
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