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Cable Update (GBPUSD)

  • #659,041
  • May 15, 2022 2:23pm May 15, 2022 2:23pm
gu will be very interesting this week.
  • #659,042
  • May 15, 2022 3:55pm May 15, 2022 3:55pm
GBPUSD price action on the daily time frame is sideways as price action tackles the 1.23270/1.21650 long-term horizontal support zone (green). As the bullish print of Friday closed above the opening of the bearish candlestick of Thursday, we may see further bullish move in the early part of this week.

I may be wrong. Trade safe and prosper.

KP


Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily_May 15, 2022.png Size: 13 KB
Do your homework, follow the footprints of smart money
  • #659,043
  • May 15, 2022 4:05pm May 15, 2022 4:05pm
wow BIIIIIIIG GAP DOWN BABY
  • #659,044
  • May 15, 2022 4:08pm May 15, 2022 4:08pm
Quoting ninner
wow biiiiiiig gap down baby
where is the money ....where is the money???????????
  • #659,045
  • May 15, 2022 5:23pm May 15, 2022 5:23pm
Quoting Moty
this the plan for tomorrow , buy above 1.22600 , sell below my guess they will go 1.2200 or even for double bottom at 1.21547 then up {image}
gu and aussie broke their Friday's high
took long at both
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu.png Size: 17 KB
Click to Enlarge Name: aud.png Size: 18 KB
yes yes yes
  • #659,046
  • May 15, 2022 5:30pm May 15, 2022 5:30pm
Probably get better entry
  • #659,047
  • May 15, 2022 6:02pm May 15, 2022 6:02pm
Quoting Moty
{quote} gu and aussie broke their Friday's high took long at both {image} {image}
i agree with you.

I took long too in GU.

MY stop 2235.

R1 is what is the target I am looking for.
Intraday only.
  • #659,048
  • May 15, 2022 6:13pm May 15, 2022 6:13pm
we are staying within a 50pip box currently setting up the ranges.
  • #659,049
  • May 15, 2022 8:12pm May 15, 2022 8:12pm
I will sell GU near 1.2300. Is it OK?
  • #659,050
  • May 15, 2022 9:02pm May 15, 2022 9:02pm
I think the algos are going to take out all the stops from last week ..
  • #659,051
  • May 15, 2022 9:24pm May 15, 2022 9:24pm
Quoting Rahidz
I will sell GU near 1.2300. Is it OK?
i think it is setting up a buy going into FO. Have to see if it pushing lows. I took my gj short off way too soon lol
  • #659,052
  • May 15, 2022 9:32pm May 15, 2022 9:32pm
Quoting Moty
this the plan for tomorrow , buy above 1.22600 , sell below my guess they will go 1.2200 or even for double bottom at 1.21547 then up {image}
crooky will be crooky
false break then drop
mf , i hate you , but up you will go
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu.png Size: 16 KB
Click to Enlarge Name: gu1.png Size: 16 KB
yes yes yes
  • #659,053
  • May 15, 2022 9:44pm May 15, 2022 9:44pm
Quoting navk
{quote} i agree with you. I took long too in GU. MY stop 2235. R1 is what is the target I am looking for.
I was sleeping after placing long trades as per my post.

Did not set TP as i mentioned.

However, i managed to close all trades in nice profit.

Nice Asian session.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 23 KB
Intraday only.
  • #659,054
  • May 15, 2022 9:56pm May 15, 2022 9:56pm
gu not really setting up yet for me so no trade.
  • #659,055
  • May 15, 2022 10:33pm May 15, 2022 10:33pm
Price broke low of Asia.
Now I expect price to test daily pivot.
I am short now
Intraday only.
  • #659,056
  • May 15, 2022 10:39pm May 15, 2022 10:39pm
in the downtrend when the aussie reached the adr high
it's was the sign for the start of the drop , now the touch of the adr low , will be the start of the bull's run
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu.png Size: 23 KB
Click to Enlarge Name: gu1.png Size: 16 KB
yes yes yes
  • #659,057
  • May 15, 2022 10:44pm May 15, 2022 10:44pm
1.223xx : Closed all my sell.

( 1.22186........1.22247 buy again.)
  • #659,058
  • May 15, 2022 10:56pm May 15, 2022 10:56pm
Sold @ 1.2248 Target 1.2170 @ 1.2130 Sl 1.2300
Forex Learner
  • #659,059
  • May 15, 2022 11:03pm May 15, 2022 11:03pm
Im expecting a ride towards 1.23 od higher today from 1.222x, trade safe!
People don't plan to lose. They lose because they don't plan.
  • #659,060
  • May 15, 2022 11:09pm May 15, 2022 11:09pm
Quoting ScalaFX
Im expecting a ride towards 1.23 od higher today from 1.222x, trade safe!
Why?
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