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Cable Update (GBPUSD)

  • #599,081
  • Jun 1, 2021 10:14am Jun 1, 2021 10:14am
entered a long position with 10 pips tp...
Extreme gut feeling trader
  • #599,082
  • Jun 1, 2021 10:20am Jun 1, 2021 10:20am
Quoting Wavegarrick
{quote} Hi Guys, Yesterday's BOE comments put a spanner in the works for me with my sell trades taken out for small profits. I am back in with shorts. Let's hope for a break of my descending trend line and ultimately 1.4100. We need a daily close and hold below my week open candle at 1.4140 ish for a bearish candle. On the other side of the coin, bulls could look for entries with a hold above 1.4140 and my mid-round number at 1.4150. So very important levels we are at in my opinion. All my sell trades are locked in, nevertheless. Have a great weekend...
Anyway, folks,
I think it is only a matter of time now for the market to show its hand. I remain short with rinse and repeats and selling as high as possible with lock-in trades as soon as possible. Nothing has changed for me and I don't like to buy at these levels unless scalping.
Have a great week,
Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1155.png Size: 91 KB
Trade to trade another day
  • #599,083
  • Jun 1, 2021 10:29am Jun 1, 2021 10:29am
Quoting Wavegarrick
{quote} Anyway, folks, I think it is only a matter of time now for the market to show its hand. I remain short with rinse and repeats and selling as high as possible with lock-in trades as soon as possible. Nothing has changed for me and I don't like to buy at these levels unless scalping. Have a great week, Cheers. {image}
nice position leon.
so you're still stick on drop to 1.29xxx area as yearly pivot?
  • #599,084
  • Jun 1, 2021 10:32am Jun 1, 2021 10:32am
Quoting babayaga
{quote} if I get u right..? yes, I want to sell ( I love to sell, but I am not bear, I am trader.., remember your words?., I put you "like"), but I see "usual" mess after NY come in P.S. ...and I think "then" will be up
yap that's my words, but you said our money.. just wonder.
im keep my selling to 4114, this is my target for this run base on 1h chart, no matter if they take it 50 up and they could.
think will get there today or tomorrow morning.

BTW it first tp zone for this run. last one is below 1.39
  • #599,085
  • Jun 1, 2021 10:42am Jun 1, 2021 10:42am
... 15/30min looking a bit inverse H&S ish? .... 5/15min range continues. 5min below.
Attached Image (click to enlarge)
Click to Enlarge Name: 90de253395039d9b3a7b3f442a0fe2d3.png Size: 54 KB
Trader with an Edge.
  • #599,086
  • Jun 1, 2021 10:45am Jun 1, 2021 10:45am
Quoting recepcem1984
{quote} Can you share your indicator
my advise
check this forum
"On Point" and choose what suits you best:
https://www.forexfactory.com/thread/1047434-on-point
and
also you can look at ( if you are interested ) "Auction Market Theory and Market Profile"
https://www.forexfactory.com/thread/...market-profile

on my chart were:

Attached File(s)
File Type: mq4 MarketProfile.mq4   218 KB | 290 downloads
Attached File(s)
File Type: ex4 Volume profile on time range.ex4   54 KB | 340 downloads
Attached File(s)
File Type: ex4 pipsometer_5_decimal.ex4   4 KB | 291 downloads
Attached File(s)
File Type: ex4 #SD_Rectangle_v1.4_Light.ex4   20 KB | 331 downloads
Attached File(s)
File Type: mq4 Day_Of_Week_Lables.mq4   5 KB | 317 downloads
Attached File(s)
File Type: ex4 !!!-MT4 X-4HR MARKER.ex4   9 KB | 352 downloads
Attached File(s)
File Type: ex4 !SM_ADR_Marker.ex4   12 KB | 276 downloads
Attached File(s)
File Type: ex4 CCFp.ex4   35 KB | 294 downloads
Attached File(s)
File Type: mq4 Trline_Sub.mq4   2 KB | 341 downloads
Attached File(s)
File Type: ex4 Trline_Sub.ex4   8 KB | 319 downloads
dolce vita
  • #599,087
  • Jun 1, 2021 10:53am Jun 1, 2021 10:53am
the only way is down
today candle is bearish ingulfing
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 27 KB
yes yes yes
  • #599,088
  • Jun 1, 2021 11:02am Jun 1, 2021 11:02am
Quoting gatenio
{quote} yap that's my words, but you said our money.. just wonder. im keep my selling to 4114, this is my target for this run base on 1h chart, no matter if they take it 50 up and they could. think will get there today or tomorrow morning. BTW it first tp zone for this run. last one is below 1.39
Moty was switching from short to long and back..,
and in a 10-20 pips range if you'd like to enter you could take wrong direction..,
also it's "most probable" time to reverse..,
and this mess that TRY TO MAKE YOU GO WRONG.., that what I mean by "they" want our money..,

hope it's more clear now
dolce vita
  • #599,089
  • Jun 1, 2021 11:02am Jun 1, 2021 11:02am
Quoting montygoldy
entered a long position with 10 pips tp...
aahh reversed from my tp by 1.5 pip........
Extreme gut feeling trader
  • #599,090
  • Jun 1, 2021 11:14am Jun 1, 2021 11:14am
Quoting gatenio
{quote} yap that's my words, but you said our money.. just wonder. im keep my selling to 4114, this is my target for this run base on 1h chart, no matter if they take it 50 up and they could. think will get there today or tomorrow morning. BTW it first tp zone for this run. last one is below 1.39
WPP 1.4166..,
btw MPP 1.4081

let's see if she'l pass 1.4154 -upper level of 4H bar, that I think quite significant right now
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmicro-h4-xm-global-limited-2.png Size: 50 KB
dolce vita
  • #599,091
  • Jun 1, 2021 11:19am Jun 1, 2021 11:19am
Quoting babayaga
{quote} WPP 1.4166.., btw MPP 1.4081 let's see if she'l pass 1.4154 -upper level of 4H bar, that I think quite significant right now {image}
thanks for the info.. i will still be bearish minded but i've got to close my short, have more the 12 lots and i want to clean my desk for few hours.
  • #599,092
  • Jun 1, 2021 11:25am Jun 1, 2021 11:25am
another view
my range bar chart
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmicro-xm-global-limited-3.png Size: 37 KB
dolce vita
  • #599,093
  • Jun 1, 2021 11:26am Jun 1, 2021 11:26am
Anybody long and targeting 1.4205 until NY Close ?
  • #599,094
  • Jun 1, 2021 11:28am Jun 1, 2021 11:28am
Quoting babayaga
{quote} my advise check this forum "On Point" and choose what suits you best: https://www.forexfactory.com/thread/1047434-on-point and also you can look at ( if you are interested ) "Auction Market Theory and Market Profile" https://www.forexfactory.com/thread/...market-profile on my chart were: {file}{file}{file}{file}{file}{file}{file}{file}{file}{file}
Thanks alot
do you have tpl
  • #599,095
  • Jun 1, 2021 11:30am Jun 1, 2021 11:30am
Quoting DailyChart
Anybody long and targeting 1.4205 until NY Close ?
its definitely possible as the drop has hit support levels at 1416X areas.
Insane in the Brain..
  • #599,096
  • Jun 1, 2021 11:31am Jun 1, 2021 11:31am
2 bulls traps
but i didn''t fall for that
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu1.png Size: 35 KB
Click to Enlarge Name: dx.png Size: 28 KB
yes yes yes
  • #599,097
  • Jun 1, 2021 11:34am Jun 1, 2021 11:34am
Quoting BeeTogether
{quote} its definitely possible as the drop has hit support levels at 1416X areas.
We must be careful since someone "scream" heavily .. sorry I mean "Short" heavily In the last few days now going long targeting 1.4205 @NY Close
  • #599,098
  • Edited 11:55am Jun 1, 2021 11:39am | Edited 11:55am
for daily down gu should stay under 1.40700,stay. h4 trend broken,but daily not.limit h4 was 1.42200,now h4 broken in both sides up and down.but gu stay near upper band so it should go to low band h4.if i understand well if gu stays at 1.41 it can go up again maybe like sideway.but level 1.42200 was broken up.
  • #599,099
  • Jun 1, 2021 11:43am Jun 1, 2021 11:43am
divergence on H4 ..?
Trade with prediction = witch with her visions lol
  • #599,100
  • Jun 1, 2021 11:45am Jun 1, 2021 11:45am
If the 1 hr can break and hold level will go long, but if not staying out
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2021-06-01 174024.png Size: 47 KB
Don't trade what you think. Just what you see!!!
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