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Cable Update (GBPUSD)

  • #602,481
  • Jun 15, 2021 8:12am Jun 15, 2021 8:12am
Quoting palpite
{quote} In my analysis i have this points. 1.41 / 1.4090 is the target of the wave. pullback - 1.4120 next drop - 1.4070 / 1.4050

Quoting palpite
{quote} Not try to sell more, let's leave the price to drop without us. The next movement will start above 1.4155 ( bullish ) , or below 1.4115 ( bearish ). For while the price still is inside of an consolidation and let's to be patience for not to stay against the tendence when the price start the next movement. {image}
Maybe 1.4155 ?
Together we can be strongest
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  • #602,482
  • Jun 15, 2021 8:15am Jun 15, 2021 8:15am
Quoting Georginson
Got stopped out since 1.4070 got broken but will only give up on the bulls if 1.4030 is convincingly broken, hence I buy again at 1.4045 with target of 1.4100 and my new stop at 1.4028.
Manually closed at 1.4175... recovered 30 pips, still 11 more pips to recover and stand aside.
Data + Stat + Risk/Emotions Management
  • #602,483
  • Jun 15, 2021 8:16am Jun 15, 2021 8:16am
IMO it shakes out the weak shorts and drop
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2021-06-15 081535.jpg Size: 151 KB
who dares wins
mashFX DSRII Return This Year: na
  • #602,484
  • Jun 15, 2021 8:20am Jun 15, 2021 8:20am
Quoting Pat Chiko
GU Great day to scalp. Target next level. In/Out with quick moves. Watch out for the news. {image}

GU

price flipping into Daily TL again.

Watch out those flip zone for sign of rejection.

Very good day to scalp today.

Nice bear and nice Bull. Both are very cooperative today.



Attached Image (click to enlarge)
Click to Enlarge Name: gu 118.jpg Size: 489 KB
I come from the future.
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  • #602,485
  • Jun 15, 2021 8:22am Jun 15, 2021 8:22am
Quoting Georginson
{quote} Manually closed at 1.4175... recovered 30 pips, still 11 more pips to recover and stand aside.

Give a bull another chance when it pullback and try to find decent entry.

Good luck
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #602,486
  • Jun 15, 2021 8:22am Jun 15, 2021 8:22am
Quoting mashfx
IMO it shakes out the weak shorts and drop {image}


I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #602,487
  • Jun 15, 2021 8:23am Jun 15, 2021 8:23am
SL moved to B/E

pivot point will be the area to watch rejection will send it down towards 140. However the 14080-141 area could be the ranging area for the next few hours till LC
Insane in the Brain..
  • #602,488
  • Jun 15, 2021 8:27am Jun 15, 2021 8:27am
Sell 1.4082
TP 1.4012
SL 1.4102

Wish me Luck...

  • #602,489
  • Jun 15, 2021 8:31am Jun 15, 2021 8:31am
keep squeezing mf
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu1.png Size: 44 KB
Click to Enlarge Name: gu2.png Size: 25 KB
yes yes yes
  • #602,490
  • Jun 15, 2021 8:32am Jun 15, 2021 8:32am
Quoting ServerUang
Sell 1.4082 TP 1.4012 SL 1.4102 Wish me Luck...

As you've requested :

I wish you good luck

I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #602,491
  • Jun 15, 2021 8:32am Jun 15, 2021 8:32am
Quoting Moty
keep squeezing mf {image} {image}
Has your hammer become a pick-axe?
  • #602,492
  • Jun 15, 2021 8:32am Jun 15, 2021 8:32am
any surprise exactly how many hours between the lows as i pointed out yesterday, might want to learn to use metatrader's cycle tool
twitter: @gettoefl
  • #602,493
  • Jun 15, 2021 8:34am Jun 15, 2021 8:34am
Quoting nAVIN2007
{quote} hopefully this chart says it all.. Does the chart scream uptrend?..1.40 is nothing but a bounce if cannot go higher than 1.41 its going to break the monthly low..probably in 2 months time {image}
Add more sells
Fools Rushing
  • #602,494
  • Jun 15, 2021 8:36am Jun 15, 2021 8:36am
Quoting IBabyTrader
{quote} Is there any reason behind your target numbers? Why do you think it will trace back to pre-Brexit numbers? I am seeing the other way round. The pound is undervalued for a long while, we might see 1.43 very soon, 1.39 might be a reasonable/achievable down number. What are you thoughts?
My target number is not exact but i look forward to closing my shorts at that area. Am a NNFX trader and not a technical or fundamentalist, therefore my algorithm gave me an entry last week, and i'll exit the trade when i get an exit signal. However i applied this to technical inter market analysis to compare DXY and GBPUSD, long term movements. I expect the dollar to strengthen against the pound. the pre-brexit number can still be attained, because as you know banks and institutions have enough volume to move currencies, in whichever direction, and currently traders sentiment is bullish for GBPUSD. Dont be surprise of a big move to the opposite direction. Its jjust the way it works ahahah. But i could be wrong, so lets see. but am already short on this pair for the next months.
Thanks.
Think longterm not shortterm
  • #602,495
  • Jun 15, 2021 8:38am Jun 15, 2021 8:38am
Quoting MTF Test
{quote} Add more sells
not sure if sell right now is smart.
this hourly must stay below 1.4084, unless bear will be back tomorrow evening
  • #602,496
  • Jun 15, 2021 8:38am Jun 15, 2021 8:38am
Quoting Pat Chiko
{quote} GU price flipping into Daily TL again. Watch out those flip zone for sign of rejection. Very good day to scalp today. Nice bear and nice Bull. Both are very cooperative today. {image}

GU

Ready to close

Price approaching flip zone again.

May break below again.


P/S Price rejected H4 SNR zone and Daily TF important zone. I think mysterio knows why price have strong rejection at this zone.

Attached Image (click to enlarge)
Click to Enlarge Name: gu 119.jpg Size: 489 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #602,497
  • Jun 15, 2021 8:39am Jun 15, 2021 8:39am
Quoting MTF Test
{quote} Add more sells
Look at Daily TF where price bounce from.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #602,498
  • Jun 15, 2021 8:44am Jun 15, 2021 8:44am
Quoting MTF Test
{quote} Add more sells

Just what I think...The market is looking to shake everyone and make them think wtf..that's the market job
With my experience I have come to realise one thing..nobody 100% knows or even thinks its a sure thing..it never will be like this..but I have stick to your action plan and not second guess myself. What will be will be

Now lets get lucky!
  • #602,499
  • Jun 15, 2021 8:45am Jun 15, 2021 8:45am
Quoting Pat Chiko
{quote} GU Ready to close Price approaching flip zone again.
So I have a question. What if you were selling and price broke through flip zone? Do you instantly swap to buy or you wait for 1H price to close before swapping / exiting your sell trade?
  • #602,500
  • Jun 15, 2021 8:46am Jun 15, 2021 8:46am
Adding more batch of sells here at 1.40869 (market price)

Be kind gang
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