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Cable Update (GBPUSD)

  • #600,581
  • Jun 7, 2021 12:21pm Jun 7, 2021 12:21pm
Quoting bigiivan
Don't get fooled! Today's high will be break.
This seems to be the case so far some compression here at 84 on lower TF's but nothing convincing. I think I will exit my shorts. 80% position in total closed. 20% left for hope just above high for SL
  • #600,582
  • Jun 7, 2021 12:22pm Jun 7, 2021 12:22pm
Quoting maheeee
{quote} very soon bear will start
Happened?
Air force
  • #600,583
  • Jun 7, 2021 12:24pm Jun 7, 2021 12:24pm
Quoting bigiivan
{quote} Where? In the zoo or in the woods? Kidding, brother! 1,42 first target. Second- the bed.
maybe.. i prefer short till tomorrow
  • #600,584
  • Jun 7, 2021 12:24pm Jun 7, 2021 12:24pm
Quoting goldfish3
{quote} This seems to be the case so far some compression here at 84 on lower TF's but nothing convincing. I think I will exit my shorts. 80% position in total closed. 20% left for hope just above high for SL
Everything is possible at this time of day. I consider to exit too. Donn't have time to waste. GJ moving wonderful.
  • #600,585
  • Jun 7, 2021 12:27pm Jun 7, 2021 12:27pm
Quoting bigiivan
{quote} Everything is possible at this time of day. I consider to exit too. Donn't have time to waste. GJ moving wonderful.
Generally bullish yes. Look at May candle. I was just looking for a retrace. dont think there will be any.
  • #600,586
  • Jun 7, 2021 12:33pm Jun 7, 2021 12:33pm
2/2 today

before gu
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after gu
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before eg
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after eg
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58 pips in total
  • #600,587
  • Jun 7, 2021 12:33pm Jun 7, 2021 12:33pm
Quoting goldfish3
Seeking input of traders, in general, on my analysis on GU. I focus more on hourly closes to gauge order accumulation. Having said that lets take a look at this level: Looking at Feb, significant disequilibrium here. where we are. not much close above. This is most relevant since most recent imo. chart below. Lets go back to April 2018. This shows me that this level is indeed quite crucial. Level still seems significant then with not too much to hold it down except for perhaps 4230. chart below For support lets go back to Feb 2009. Here we can clearly...
Anything above 80 cant help bears in my opinion.
  • #600,588
  • Jun 7, 2021 12:36pm Jun 7, 2021 12:36pm
Quoting goldfish3
I was just looking for a retrace.
Maybe at 1,4202 or 1,4248.
  • #600,589
  • Jun 7, 2021 12:38pm Jun 7, 2021 12:38pm
Quoting goldfish3
{quote} Generally bullish yes. Look at May candle. I was just looking for a retrace. dont think there will be any.
closed all shorts. Switch to buy at 85. stops below 40. Longer term. See you soon.
  • #600,590
  • Jun 7, 2021 12:46pm Jun 7, 2021 12:46pm
Quoting MTF Test
Trying a risky trade. very Low risk . .1418xxx level is hard to break. {image}
Busted. Waste of time.
Fools Rushing
  • #600,591
  • Jun 7, 2021 12:49pm Jun 7, 2021 12:49pm
That was a short nap At least it was the happy alerts that woke me.

Quoting mtako
{quote} oh nooo ... not looking as gooood . I actually have a short scalp setup if goes back down to 4168. Moving SL of my 4172 at BE, 4182 Sl now at 4168. Not over ! But it is for me, going to bed early. Have a good night all ! {image}
Looks like I was lucky, price looking promising still and both positions survived the tight SLs thanks to my anti-pullback magical spell !
Kidding dont worry ! This is typical slow silent but deadly rise VS sharp killer drop scenario and I am moving the SL of my 82 at BE. Am happy with my 72, 1st TP now at 4220. 82 has only open TP but chances of survival are just as great as my chances of resisting the Merlot in front of me.

Cheers all!
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #600,592
  • Jun 7, 2021 12:54pm Jun 7, 2021 12:54pm
For those who looking for short,if lc doesn't provide the short opportunity then wait until ty open for short the retrace
  • #600,593
  • Jun 7, 2021 12:56pm Jun 7, 2021 12:56pm
Quoting Theoak
{quote} Long in at 1.4181 {image}
Well had 6 pips at this res zone. Stops to break even run the rest. Very slow today!!!
Don't trade what you think. Just what you see!!!
  • #600,594
  • Jun 7, 2021 12:57pm Jun 7, 2021 12:57pm
i was stupide to not follow my instincts
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yes yes yes
  • #600,595
  • Edited 1:21pm Jun 7, 2021 1:04pm | Edited 1:21pm
Quoting Moty
i was stupide to not follow my instincts {image}
I'm new to using my ADR but my adr shows an average range of 90.5 with adr coming into play around 1.4196.. I used the stock settings on it however
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  • #600,596
  • Jun 7, 2021 1:07pm Jun 7, 2021 1:07pm
Will stop trade at b/e this aint gonna drop. Will look for re entry tomorrow
Insane in the Brain..
  • #600,597
  • Jun 7, 2021 1:07pm Jun 7, 2021 1:07pm
Last trade of the day
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Fools Rushing
  • #600,598
  • Jun 7, 2021 1:19pm Jun 7, 2021 1:19pm
Quoting Moty
i was stupide to not follow my instincts {image}
shorting too?
Insane in the Brain..
  • #600,599
  • Jun 7, 2021 1:23pm Jun 7, 2021 1:23pm
Hello guys,

I think the price for GBPUSD will keep ranging between 1.4100 and 1.4200 until Wednesday or Thursday when it might be propelled by the medium impact news on Wednesday or high impact news on Thursday.

This is based on the 4-Hr chart.

Please trade safely.
  • #600,600
  • Jun 7, 2021 1:26pm Jun 7, 2021 1:26pm
any retrice?
Lost in Narrative
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