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Cable Update (GBPUSD)

  • #599,021
  • Jun 1, 2021 6:54am Jun 1, 2021 6:54am
Quoting Sang.Real
GU Scalping RBS zone {image}
in this example stop loss sits on the bottom of the zone ? 1.41663 ?
  • #599,022
  • Jun 1, 2021 6:54am Jun 1, 2021 6:54am
Quoting Moty
{quote} i expect daily s2 at least {image}
I expect S3 price whether it happens today or tomorrow around 1.41. Then a pull back to 1.421 area with a renewed drop to 1.40. I see a H and S
  • #599,023
  • Jun 1, 2021 6:57am Jun 1, 2021 6:57am
Quoting Theoak
Is there only me long on this? {image}
Out of this 10 +8 pip loss
Don't trade what you think. Just what you see!!!
  • #599,024
  • Jun 1, 2021 6:58am Jun 1, 2021 6:58am
Quoting Nd10
{quote} I expect S3 price whether it happens today or tomorrow around 1.41. Then a pull back to 1.421 area with a renewed drop to 1.40. I see a H and S
I agree. Watch USD/CAD for the inverse correlation.
Be humble or be humbled.
  • #599,025
  • Jun 1, 2021 7:05am Jun 1, 2021 7:05am
Now GU will climb again 1.42 cause laid double top and bottom to accompany EU and AU
Then down again
  • #599,026
  • Jun 1, 2021 7:11am Jun 1, 2021 7:11am
Quoting Pipa1
{quote} use past tense...GU was stuck in the accumulation range...nothing lasts forever.It's time to move with all the trapped buyers to 1.39 but not before filling my "order book"...and BTW i'm not "dude"{image}
Sorry for asking.
How to read this data?
Thanks before

Green pips to you
Everything is possible but not guaranteed
  • #599,027
  • Jun 1, 2021 7:13am Jun 1, 2021 7:13am
it will drop hard when 1.41633 breaks
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 20 KB
yes yes yes
  • #599,028
  • Jun 1, 2021 7:14am Jun 1, 2021 7:14am
Quoting kris89
I smell below 1.41500 today and continues on tommorow. Price show no mercy 1.41900 and dive again
Let it flow and getting sleep early.
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #599,029
  • Jun 1, 2021 7:14am Jun 1, 2021 7:14am
Is any of you guys and gals enjoying the narrow sideways operating mode on the GU? Not for me really, I'm on the sidelines. Waiting for directional momentum on the D1 tf.

Trade safe.

KP
Do your homework, follow the footprints of smart money
  • #599,030
  • Jun 1, 2021 7:18am Jun 1, 2021 7:18am
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 34 KB
yes yes yes
  • #599,031
  • Edited 7:38am Jun 1, 2021 7:19am | Edited 7:38am
GBP/USD 1 hour chart.

I'm looking for a reversal any minute now.

I guess it won't bounce off the 200 ma.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-h1-oanda-division1-a.png Size: 105 KB
Patience, let the trade come to you.
  • #599,032
  • Jun 1, 2021 7:21am Jun 1, 2021 7:21am
Quoting Sang.Real
{quote} Thank You for you trading tips Helping Newbie to trade, great work !
no problem hopefully going down smooth
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #599,033
  • Jun 1, 2021 7:27am Jun 1, 2021 7:27am
Quoting Yngwie
Sold anything below 4220
close all short.
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #599,034
  • Jun 1, 2021 7:28am Jun 1, 2021 7:28am
It is not done its down move: hoorahhhh for all you bears out there !


Quoting mtako
...Volatility trades off support : Buy Stop 4183 and 4197 (4183 moved at BE the second 4197 is hit). SL a couple pips below low of the day.
-18

New Buy limit 41429 + buystop 4172 that stays active as long as 4125 is not hit.
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #599,035
  • Jun 1, 2021 7:32am Jun 1, 2021 7:32am
Quoting Moty
{image}
I closed my trade, the price is touching the MA200 - H1. Maybe an pullback.
Together we can be strongest
Vantage Return This Month: na
  • #599,036
  • Jun 1, 2021 7:39am Jun 1, 2021 7:39am
Buyers might not want to catch a falling knife, wait for a breakout below the manipulation range find a sensible level below 1.41 for a swing buy
  • #599,037
  • Jun 1, 2021 7:40am Jun 1, 2021 7:40am
Quoting palpite
{quote} I closed my trade, the price is touching the MA200 - H1. Maybe an pullback.
it will not stop before it reached 130 pips daily range
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 32 KB
yes yes yes
  • #599,038
  • Jun 1, 2021 7:59am Jun 1, 2021 7:59am
Quoting Moty
{quote} it will not stop before it reached 130 pips daily range {image}
Would you please share your S and R and ADR indicator Moty?
Trade to enjoy... Money is after!
  • #599,039
  • Jun 1, 2021 8:02am Jun 1, 2021 8:02am
scalp for 20 pips above 4155.

stop 4154
Intraday only.
  • #599,040
  • Jun 1, 2021 8:04am Jun 1, 2021 8:04am
Quoting saninvestor
{quote} Would you please share your S and R and ADR indicator Moty?
https://www.mql5.com/en/market/produ...ge+daily+range
yes yes yes
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