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Cable Update (GBPUSD)

  • #600,501
  • Jun 7, 2021 8:25am Jun 7, 2021 8:25am
Quoting gatenio
{quote} I took another look, i think your number better then mine. maybe stop the long 1.4183 is good idea
Well I took a gamble either way. I dont like it today. shorted just above 78 but below 84. The spike may be higher but im keeping this a full trade with 20 pip SL.

78 is ore recent and recent is more relevant. So i agree with you on that. But 84 has more volume.
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  • #600,502
  • Jun 7, 2021 8:30am Jun 7, 2021 8:30am
Quoting Moty
{quote} don't get in the way , this is one way ticket to the moon {image}
I'm waiting 1.4160 - 1.4150 for to buy. Maybe i lose this entry.
Together we can be strongest
Vantage Return This Month: na
  • #600,503
  • Jun 7, 2021 8:31am Jun 7, 2021 8:31am
Quoting Moty
{quote} don't get in the way , this is one way ticket to the moon {image}
Maybe, im out anyway.
it can fall , and hard
  • #600,504
  • Jun 7, 2021 8:33am Jun 7, 2021 8:33am
Quoting gatenio
{quote} Maybe, im out anyway. it can fall , and hard
thats the GBP pessimism I like to hear. For today anyway...
  • #600,505
  • Jun 7, 2021 8:35am Jun 7, 2021 8:35am
Quoting Nametaker
{quote} But what TF are you trading?
normally h4 but it doesnt matter resistances and supports are important
  • #600,506
  • Jun 7, 2021 8:38am Jun 7, 2021 8:38am
Quoting gatenio
{quote} Maybe, im out anyway. it can fall , and hard
sell it!
  • #600,507
  • Jun 7, 2021 8:38am Jun 7, 2021 8:38am
Quoting Theoak
If the 1 hr breaks and holds will add to long. If not will look to take prof and short. {image}
Short in at 1.4171 Target 1.4160
The 5 min broke the MA + made a low on previous candle. This area has resistance on higher timeframes. There is a nice bull / bear battle. lets see who will win!!! If it breaks the higher line first target 1.4192
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Don't trade what you think. Just what you see!!!
  • #600,508
  • Jun 7, 2021 8:39am Jun 7, 2021 8:39am
I expect a retracement as 1.41810 is resisting. Not formed as yet. Smaller TF's
Fools Rushing
  • #600,509
  • Jun 7, 2021 8:41am Jun 7, 2021 8:41am
Set tp to 14185 will short then
Insane in the Brain..
  • #600,510
  • Jun 7, 2021 8:43am Jun 7, 2021 8:43am
Sometimes Mr lee doesn't visit. Its a smooth transition. Let hope its one of those times.
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  • #600,511
  • Jun 7, 2021 8:45am Jun 7, 2021 8:45am
still no sell signal , relax
price is above daily open , pivot and weekly pivot and st , take long
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yes yes yes
  • #600,512
  • Jun 7, 2021 8:48am Jun 7, 2021 8:48am
Rock and roll at last ! Buying if returns to 4182, on an intraday momentum + return of volatility growth setup. SL trailing from 4161 with 1st TP of 4210
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #600,513
  • Jun 7, 2021 8:53am Jun 7, 2021 8:53am
Quoting Moty
still no sell signal , relax price is above daily open , pivot and weekly pivot and st , take long {image}
Pair of A's v Pair K's
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  • #600,514
  • Edited 9:34am Jun 7, 2021 8:57am | Edited 9:34am
Quoting goldfish3
{quote} Well I took a gamble either way. I dont like it today. shorted just above 78 but below 84. The spike may be higher but im keeping this a full trade with 20 pip SL. 78 is ore recent and recent is more relevant. So i agree with you on that. But 84 has more volume. {image}
BE at WPP

Edit: Stop at BE
  • #600,515
  • Jun 7, 2021 9:06am Jun 7, 2021 9:06am
sold small position
to see how it goes
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dolce vita
  • #600,516
  • Jun 7, 2021 9:08am Jun 7, 2021 9:08am
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yes yes yes
  • #600,517
  • Jun 7, 2021 9:12am Jun 7, 2021 9:12am
New setup confirmed, buy stop 4172, buy stop 4182, trailing stops from 4157

Quoting mtako
Rock and roll at last ! Buying if returns to 4182, on an intraday momentum + return of volatility growth setup. SL trailing from 4161 with 1st TP of 4210 {image}
Surprise us at least once today price !
Attached Image
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #600,518
  • Jun 7, 2021 9:21am Jun 7, 2021 9:21am
buy - 1.4167

sl - 1.4130

tp - 1.42
Together we can be strongest
Vantage Return This Month: na
  • #600,519
  • Edited 9:44am Jun 7, 2021 9:23am | Edited 9:44am
Back to the mid 14160s s/l now moved to 14155. Tp still 14184

tp moved higher now looking at just bow 142. S/L now moved up 14160
Insane in the Brain..
  • #600,520
  • Jun 7, 2021 9:24am Jun 7, 2021 9:24am
the break is coming
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yes yes yes
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