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Cable Update (GBPUSD)

  • #597,681
  • May 26, 2021 12:57pm May 26, 2021 12:57pm
it can go even to 1.42500 from here
anything possible
Attached Image(s) (click to enlarge)
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yes yes yes
  • #597,682
  • May 26, 2021 12:57pm May 26, 2021 12:57pm
do it.
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #597,683
  • May 26, 2021 12:58pm May 26, 2021 12:58pm
Quoting mysterio
Nice M pattern retrace leg to 0.618 fib of the last leg, implies breaking the last low down to s1 (maybe)
Would suggest this is a good place to TP for intraday folks. Around 1.4109 could be the NY low (imo). Retrace then drop tomorrow. DXY hit a 4h supply and will make a sharp drop down before going back up.
  • #597,684
  • May 26, 2021 1:00pm May 26, 2021 1:00pm
Quoting maheeee
{quote} No , spike towards up...
Slow down movement = fast up movement...

Get ready

It will reach 1.42500 tomorrow..
  • #597,685
  • May 26, 2021 1:02pm May 26, 2021 1:02pm
Quoting maheeee
{quote} Slow down movement = fast up movement... Get ready
I opened a bottle a few hours ago.Am ready
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #597,686
  • May 26, 2021 1:04pm May 26, 2021 1:04pm
Quoting saninvestor
{quote} descending wedge on dxy. Strong support to be held. Could bounce anywhere here. Be careful of long xxxusd this week. {image}
Broke!
Attached Image (click to enlarge)
Click to Enlarge Name: 7ed9c084344546bad9d49da7d648e024.png Size: 23 KB
Trade to enjoy... Money is after!
  • #597,687
  • May 26, 2021 1:07pm May 26, 2021 1:07pm
Quoting MTF Test
{quote} Busted. Due to ego. Could not wait for a confirmation. Lesson learned. Looking for sells.

was just unfortunate, one of those things bro
  • #597,688
  • May 26, 2021 1:07pm May 26, 2021 1:07pm
Let the party begin.1.40750 -140500 before the close.
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #597,689
  • May 26, 2021 1:08pm May 26, 2021 1:08pm
Put a small short in at 1.4111. I've got in this maybe too early, but target is 60 pips. It all depends on the daily close. If it closes below this level will add to short if not will close trade!!!!

Major resistance at 1.4107 lets see what happens
Don't trade what you think. Just what you see!!!
  • #597,690
  • Edited 2:18pm May 26, 2021 1:21pm | Edited 2:18pm
Quoting mysterio
{quote} Would suggest this is a good place to TP for intraday folks. Around 1.4109 could be the NY low (imo). Retrace then drop tomorrow. DXY hit a 4h supply and will make a sharp drop down before going back up.
Here we go. Nice opportunity to buy for a scalp. Intraday bears will have another great peak to short
Attached Image(s) (click to enlarge)
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  • #597,691
  • May 26, 2021 1:23pm May 26, 2021 1:23pm
3rd appearance should work.
Attached Image (click to enlarge)
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Air force
  • #597,692
  • May 26, 2021 1:29pm May 26, 2021 1:29pm
  • #597,693
  • May 26, 2021 1:35pm May 26, 2021 1:35pm
Quoting maheeee
{quote} Slow down movement = fast up movement... Get ready It will reach 1.42500 tomorrow..
Get ready , get ready
  • #597,694
  • May 26, 2021 1:49pm May 26, 2021 1:49pm
Gatenio , speaking about scalping, right now i got in EURAUD long at 1.57350 direction North , target 30-50 pips on asian session .( a new level in formation, traced the bases, time to consolidate it, i'll scalp up and down top to bottom 2-3 times).
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #597,695
  • May 26, 2021 1:57pm May 26, 2021 1:57pm
Quoting Theoak
Put a small short in at 1.4111. I've got in this maybe too early, but target is 60 pips. It all depends on the daily close. If it closes below this level will add to short if not will close trade!!!! Major resistance at 1.4107 lets see what happens
That area is not cracking! Maybe we need more than one Moty hammer
Insane in the Brain..
  • #597,696
  • May 26, 2021 2:08pm May 26, 2021 2:08pm
Quoting Pipa1
Gatenio , speaking about scalping, right now i got in EURAUD long at 1.57350 direction North , target 30-50 pips on asian session .( a new level in formation, traced the bases, time to consolidate it, i'll scalp up and down top to bottom 2-3 times).
I also exited temporary from my EG yesterday with only 60 pips profit.It's going back down below 0.86 , i'll buy back there.
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #597,697
  • May 26, 2021 2:39pm May 26, 2021 2:39pm
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 17 KB
yes yes yes
  • #597,698
  • May 26, 2021 3:12pm May 26, 2021 3:12pm
Quoting BeeTogether
{quote} That area is not cracking! Maybe we need more than one Moty hammer
It was a small lot, but 11 pips in a hole. Its the daily candle close I'm more concerned with. Will be adding if it below these levels. To be honest not the best bet due to today's ranging nature
Don't trade what you think. Just what you see!!!
  • #597,699
  • May 26, 2021 3:15pm May 26, 2021 3:15pm
Quoting maheeee
today probability of closing as bull candle do not sell, simply buy at today's low
It looks like you are not operating at full power. Sharing only 50% from your 500 90+% accuracy. On the other hand, it makes sense.
11/21 up to date.

https://www.forexfactory.com/thread/...1#post13393751
Air force
  • #597,700
  • May 26, 2021 5:44pm May 26, 2021 5:44pm
Quoting MTF Test
{quote} Busted. Due to ego. Could not wait for a confirmation. Lesson learned. Looking for sells.

Accept small losses, but protect yourself from the big ones.

Keep exposing yourself to the market.

The profits will take care of themselves.

It’s better to give few pips to market back, than to lose much more, while waiting and gambling.

Just pay attention to your discipline and psychology and enjoy your scalping in ranging and enjoy the ride in trending.

Take care Bro.

Sang Real.
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