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Cable Update (GBPUSD)

  • #596,341
  • May 20, 2021 8:51am May 20, 2021 8:51am
as long as 1.40987 holds 1.40258
  • #596,342
  • May 20, 2021 8:56am May 20, 2021 8:56am
... price reaches 50% of the total 4220-4099 fall @ the current6 dly hi relieving the underlying bearishness from y/day? 76.4% of the shorter 4181-4099 move there too as well as underside of breached former asc t/line. 1hr below.
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Trader with an Edge.
  • #596,343
  • May 20, 2021 8:57am May 20, 2021 8:57am
Quoting Passenger12
{quote} Ajur mas?
yo ndak ...

ga ono posisi kok wkwkwkwk seru2an ae...
Trade with prediction = witch with her visions lol
  • #596,344
  • May 20, 2021 8:58am May 20, 2021 8:58am
Generally don't recommend fading spikes but had a nice confluence of supply and TL retest

Finger on kill button if it wants to play around

TP open, may add more depending on things

Edit-closed w/ small profit. Not sure I like it.
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  • #596,345
  • May 20, 2021 9:02am May 20, 2021 9:02am
Hoping to get the last trade on a profit for the day !
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Fools Rushing
  • #596,346
  • May 20, 2021 9:03am May 20, 2021 9:03am
Quoting mysterio
Generally don't recommend fading spikes but had a nice confluence of supply and TL retest Finger on kill button if it wants to play around TP open, may add more depending on things {image}
you right, it could go higher this hour and drop harder.
  • #596,347
  • May 20, 2021 9:06am May 20, 2021 9:06am
Quoting gatenio
{quote} you right, it could go higher this hour and drop harder.
I dont like the price react to these zone haha
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #596,348
  • May 20, 2021 9:06am May 20, 2021 9:06am
Quoting gatenio
{quote} you right, it could go higher this hour and drop harder.
This is not my setup. I will let it go. I believe there was options expiry on Euro
  • #596,349
  • May 20, 2021 9:08am May 20, 2021 9:08am
Quoting mysterio
{quote} This is not my setup. I will let it go. I believe there was options expiry on Euro
Is that why had the spike up?
Insane in the Brain..
  • #596,350
  • May 20, 2021 9:10am May 20, 2021 9:10am
Quoting BeeTogether
{quote} Is that why had the spike up?
Yea maybe
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  • #596,351
  • May 20, 2021 9:13am May 20, 2021 9:13am
...that 11am gmt big bearish candle down from 4141 closing @ 4110 after finding some support @ it's lo in the prev 1hr/4hr sw lo zone that extends down to y/day's lo, probably convinced many to hold any shorts open or indeed open some and now they may be stopped out/trapped hoping for a big move down. As I discussed earlier - is this the continuation of the 4hr/dly/wkly uptrend after the pullback from 4220-4099 ? - just as many are/were expecting the downside continuation of the then 1hr downtrend / y/day's dly bearish candle.
Trader with an Edge.
  • #596,352
  • May 20, 2021 9:13am May 20, 2021 9:13am
Mr liu time...
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Peace Yo!
  • #596,353
  • May 20, 2021 9:16am May 20, 2021 9:16am
up 4120 stand target 4180 ~ 4200
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #596,354
  • May 20, 2021 9:20am May 20, 2021 9:20am
Good day gang,

I hope we have managed to pile them pips up.
Currently looking at 1.4157 area to trigger Mr Liu.

Any H1 above may send him back to the hole for a while.
Let's see how that level is played.

Be kind, Always
  • #596,355
  • May 20, 2021 9:21am May 20, 2021 9:21am
.... the repeating pattern of 1hr bearish hidden div is still valid below 4180 as mentioned earlier but it has already failed to see a with 1hr downtrend follow thru to a new trend lo on that 11am gmt candle mentioned above. It is also contra a repeating pattern of 4hr bullish hidden div @ the 4099 lo. Take your pick.
Trader with an Edge.
  • #596,356
  • May 20, 2021 9:21am May 20, 2021 9:21am
Quoting mrluckystar
Mr liu time... {image}
I was looking for a clear pic of him
  • #596,357
  • May 20, 2021 9:22am May 20, 2021 9:22am
Is GU going to Week R1, Day R1, Month R2

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  • #596,358
  • May 20, 2021 9:24am May 20, 2021 9:24am
Quoting JayBag
Good day gang, I hope we have managed to pile them pips up. Currently looking at 1.4157 area to trigger Mr Liu. Any H1 above may send him back to the hole for a while. Let's see how that level is played. Be kind, Always
Thanks mr lee earlier today..
Peace Yo!
  • #596,359
  • May 20, 2021 9:26am May 20, 2021 9:26am
Quoting Sang.Real
{quote} GU End of scalping Wait for new H1 candle in 20 mins. I want to short, but waiting for confirmation. {image}

GU

Waited for this RT confirmation at SRF and TL bounce

If price reject the RT at SRF, then we will see price going down.

If price fail on RT and break SRF, it will goes up further to the next SNR level.

Three component that I'm looking at ; TL, SRF and confirmation of RT from the BO. (the BO, was from yesterday price action)

Only take a trade that confirm the price action align to the set up by observing all these three component to the set up.

I hope RT will reject the SRF at TL, and we will see price going down.

If not, you're trading blindly, aka gambling.

Take care and trade wisely.


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  • #596,360
  • May 20, 2021 9:28am May 20, 2021 9:28am
We should hopefully see some of direction tomorrow... ranging a bit higher than I’d like however all is not lost for the bears. This could be a lull before the storm
Insane in the Brain..
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