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Cable Update (GBPUSD)

  • #597,141
  • May 25, 2021 12:31am May 25, 2021 12:31am
G/M, asian session move up to a current dly hi of 4185 and we are above Monday's hi now. How strong are the bulls now as London desks begin trading?

1hr below.
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Trader with an Edge.
  • #597,142
  • May 25, 2021 12:46am May 25, 2021 12:46am
Looking at monthly down to 4hr, it looks like the bulls have this for a new high.

Inverted h&s on 1hr also
Compulsions can be hard to resist
  • #597,143
  • May 25, 2021 12:56am May 25, 2021 12:56am
Quoting Theoak
Long in at 1.4182 and 83 {image}


Follow the dealer.


Long Scalp.


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  • #597,144
  • May 25, 2021 1:10am May 25, 2021 1:10am
im with sell side , so ill not buy at these high , so risky
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #597,145
  • May 25, 2021 1:10am May 25, 2021 1:10am
Quoting mysterio
{quote} Possible savage 200 pip bear market from this area If and only if 89.69 on dxy holds solidly Coming up to dollar demand area https://www.tradingview.com/x/7au3XHck/ I ended up shorting on the wedge break-it may be early. 1.4178. Pattern breakouts at this time can frequently be traps, may just be a brief kick down before back up to the zone, not sure {image} {image}
I was tempted to take a hit on my short last and go long. For some reason I bottled it. 14180-90 still looks like the bounce area. If it went over 142 then we’d see a new high I suppose.
Insane in the Brain..
  • #597,146
  • May 25, 2021 1:10am May 25, 2021 1:10am
Quoting Jgcole83
{quote} Range bars set to 5 pips and macd idicator.
It's like a 5-6 minutes candle.
  • #597,147
  • May 25, 2021 1:14am May 25, 2021 1:14am
Quoting BeeTogether
{quote} I was tempted to take a hit on my short last and go long. For some reason I bottled it. 14180-90 still looks like the bounce area. If it went over 142 then we’d see a new high I suppose.
the london spike is coming soon +_+ anything can happen haha ,
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #597,148
  • May 25, 2021 1:14am May 25, 2021 1:14am
Quoting BeeTogether
{quote} I was tempted to take a hit on my short last and go long. For some reason I bottled it. 14180-90 still looks like the bounce area. If it went over 142 then we’d see a new high I suppose.
Yea I mean.. defo don't listen to me! Maybe wait and see what happens around that 1.42 zone? Dollar is coming up to that multi year support again-not guaranteed to hold but it is strong.
  • #597,149
  • May 25, 2021 1:16am May 25, 2021 1:16am
Bulls vs bears daily is critical tight stops at both edge as long as below 1.4260 my idea there is no certain trend
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  • #597,150
  • May 25, 2021 1:19am May 25, 2021 1:19am
GU have to choose a direction today.Bears are tired, hungry,decimated by coronavirus and other sexual diseases...The chat turned back to bullish.This is not the right spirit.But now it's time to
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I'm The Real Deal Quant-XR ,The Financial Hacker
  • #597,151
  • May 25, 2021 1:20am May 25, 2021 1:20am
Quoting BeeTogether
{quote} I was tempted to take a hit on my short last and go long. For some reason I bottled it. 14180-90 still looks like the bounce area. If it went over 142 then we’d see a new high I suppose.
so hard to sell and hold GU and other XXXUSD pairs.
We need to tattoo it on our foreheads
  • #597,152
  • May 25, 2021 1:22am May 25, 2021 1:22am
Dx again at 89.660 area
yes yes yes
  • #597,153
  • May 25, 2021 1:24am May 25, 2021 1:24am
Quoting Pipa1
GU have to choose a direction today.Bears are tired, hungry,decimated by coronavirus and other sexual diseases...The chat turned back to bullish.This is not the right spirit.But now it's time to {image}
Your show is over bro, now it's our show
You have to have an IQ higher than 90 to interact with this user.
  • #597,154
  • May 25, 2021 1:26am May 25, 2021 1:26am
Quoting Moty
Dx again at 89.660 area
can be the london spike or else kill insect for short if that broke last high
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #597,155
  • May 25, 2021 1:26am May 25, 2021 1:26am
Quoting Sang.Real
{quote} I've to closed my short position since The Oak taking a long trade. Most probably my short won't survive his onslaught. Take tiny profit to cover cost. {image}

GU

Thank You the Oak and very good signal.

One of the best professional in this thread. Quality poster.

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  • #597,156
  • May 25, 2021 1:27am May 25, 2021 1:27am
Quoting Nordling00
{quote} Your show is over bro, now it's our show
if you cant deliver target then its not your show

date is not a target
  • #597,157
  • May 25, 2021 1:27am May 25, 2021 1:27am
Im shorting now wih sl 1.4225, tp 1.4000
  • #597,158
  • May 25, 2021 1:28am May 25, 2021 1:28am
Quoting Tekin
Bulls vs bears daily is critical tight stops at both edge as long as below 1.4260 my idea there is no certain trend {image}

If not sure, better sit out and don't take any trade.

Let price goes up first.

Once you see nice set up , then you can enter.

Good luck
  • #597,159
  • May 25, 2021 1:33am May 25, 2021 1:33am
Quoting Pretense
I've been long since 1.4138 over night tp set at 1.4192 SL at 1.4171 Limit pending sell 1.4193 with SL 1.4209
Ugh, it touched my stop and went back up to my target, still leaving my new entry in play
  • #597,160
  • May 25, 2021 1:35am May 25, 2021 1:35am
Quoting gatenio
{quote} although 30M break my 1st tp zone and going to my 2nd to zone at 1.4189-1.4196 i decided to close all my long at 1.4172. now im looking for bearish signs.. remember 4h still in bearish setup.. until 4h close above 1.422
my 2nd tp zone hit without me. if 30m above 1.41969 it could go for more 40-60 pips which is not good for my long term plan.
but it's all about the CLOSE!

i will short 1.4238 or close if we get there
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