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Cable Update (GBPUSD)

  • #599,681
  • Jun 3, 2021 9:27am Jun 3, 2021 9:27am
Quoting Pipa1
{quote} SELLOFF Friday session above 1.42...bulls will try again the high of the range and will sell ...GBPUSD WILL NOT DIVE UNTIL NEXT WEEK ON THE OPEN OF THE FOREX MARKET...HAVE TO TRADE FOR A WHILE ABOVE 1.42 AT LOW SPREAD ,TODAY WAS A HIT AND RUN.
Pipa you mentioned about 2 hours ago that "it's not going to be a hit and run"
  • #599,682
  • Jun 3, 2021 9:28am Jun 3, 2021 9:28am
The short momentum is gone...In this moment we have tons of trapped sellers bellow 1.41100 and all the SL's bought back from who got long yesterday on the deep...1+1=5.
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #599,683
  • Jun 3, 2021 9:29am Jun 3, 2021 9:29am
on the USDX we are coming against the h4 200D SMA and 200D EMA. USDX is now higher than it was back on 5/27 when GBP sank to 1.409. Would Like to see a breakthrough here to further confirm the move south. I holding my shorts for now.
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  • #599,684
  • Jun 3, 2021 9:30am Jun 3, 2021 9:30am
Back to 1.42
  • #599,685
  • Jun 3, 2021 9:30am Jun 3, 2021 9:30am
Quoting dylan369
{quote} Pipa you mentioned about 2 hours ago that "it's not going to be a hit and run"
In fact...a selloff is not = a hit and run but a prolonged trading session at low spread.That's why "it's not going to be a hit and run ...THE SELL OFF" ,i intended....In any case am still long...
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #599,686
  • Jun 3, 2021 9:32am Jun 3, 2021 9:32am
Quoting Pipa1
{quote} SELLOFF Friday session above 1.42...bulls will try again the high of the range and will sell ...GBPUSD WILL NOT DIVE UNTIL NEXT WEEK ON THE OPEN OF THE FOREX MARKET...HAVE TO TRADE FOR A WHILE ABOVE 1.42 AT LOW SPREAD ,TODAY WAS A HIT AND RUN.
ANY THING POSSIBLE
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yes yes yes
  • #599,687
  • Jun 3, 2021 9:34am Jun 3, 2021 9:34am
Quoting Moty
{quote} ANY THING POSSIBLE {image}
Yes You are right, but IMO your entry is bit early.
  • #599,688
  • Jun 3, 2021 9:37am Jun 3, 2021 9:37am
Joining @ 1.4107
Air force
  • #599,689
  • Jun 3, 2021 9:37am Jun 3, 2021 9:37am
Quoting dylan369
{quote} Pipa you mentioned about 2 hours ago that "it's not going to be a hit and run"
and now.. two hours later.. the price drop 70 pips..or more ?

thats legit money.. i only bagged 30 and pipa still shouting loooooonnngggg...

i believe others bagged more than 30
Trade with prediction = witch with her visions lol
  • #599,690
  • Jun 3, 2021 9:37am Jun 3, 2021 9:37am
Quoting Pretense
{quote} found it, called USA 100 in mine. Not going to trade it today but something to look into. I've traded many pairs in my life. started off NZD/USD AUD/USD, switched to USD/JPY back when interest rate carry trade was a thing. Eur/usd for awhile. Found GBP/JPY a little too volatile and have been here for a bit.
Awesome. I wonder why they named it differently tho. It's something to check out. Although I must warn, it's very volatile so I go in with small lots. It seems stable trend-wise.

I have also traded quite a number of instruments too no doubt. Oh, I remember interest rate carry. I guess when you been in the game for a while, you tend to dabble around different instruments.
  • #599,691
  • Jun 3, 2021 9:41am Jun 3, 2021 9:41am
IMHO, it would atleast test daily support S2 at 1.408, before any change of direction, seems long call is too early. Dxy hold, EG going green
  • #599,692
  • Jun 3, 2021 9:41am Jun 3, 2021 9:41am
Quoting dimitricss
{quote} and now.. two hours later.. the price drop 70 pips..or more ? thats legit money.. i only bagged 30 and pipa still shouting loooooonnngggg... i believe others bagged more than 30
Me bagged 95 pips and still hold it
  • #599,693
  • Jun 3, 2021 9:41am Jun 3, 2021 9:41am
Hello guys,

How is the trading going?

I’m assuming that the price will keep ranging between 1.4200 and 1.4100 mark until a fundamental news outcome propels it to new levels, based on 4-hour chart of GBPUSD.

Please trade safely.
  • #599,694
  • Jun 3, 2021 9:53am Jun 3, 2021 9:53am
SUDDENTLY THE BEARS ARE SUPER STRONG
I BELIVE IT WILL TURN AT 1.41000
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yes yes yes
  • #599,695
  • Jun 3, 2021 9:57am Jun 3, 2021 9:57am
1.4080 first for up
  • #599,696
  • Jun 3, 2021 9:58am Jun 3, 2021 9:58am
Short in at 1.4110 + 1.4107
Don't trade what you think. Just what you see!!!
  • #599,697
  • Jun 3, 2021 9:59am Jun 3, 2021 9:59am
Quoting Yong230616
{quote} Me bagged 95 pips and still hold it
Great!, I am also holding it from 1.41950, btw whats your TP?
  • #599,698
  • Jun 3, 2021 10:02am Jun 3, 2021 10:02am
There are only buyers in the market right now.The sellers dried up.This is not the sell off.We go back up.
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #599,699
  • Jun 3, 2021 10:03am Jun 3, 2021 10:03am
ı wonder is it preparing the rocket tonight late or is this a real dive?
  • #599,700
  • Jun 3, 2021 10:04am Jun 3, 2021 10:04am
come on !!!!!!!!!
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yes yes yes
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