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Cable Update (GBPUSD)

  • #659,101
  • May 16, 2022 3:43am May 16, 2022 3:43am
Quoting Nd10
1.27 area is calling.. 500+ pips from the current low is what I see in the interim. Moved my initial tp from 1.245 (though i will watch closely here in the first instance) to 1.27 area. Fingers crossed. PS: my expectation is valid if 1.231 is broken well as i see that it will cruise past 1.24 this time around
So far, it has not crossed 1.231. Sellers still active. Might push lower to below 1.215 or so. Whichever, 1.27 and above is still in my purview
  • #659,102
  • May 16, 2022 3:46am May 16, 2022 3:46am
Quoting Kampion
GU NExt Target 1.22295 UP.
Target hit
You can do it!
  • #659,103
  • May 16, 2022 3:48am May 16, 2022 3:48am
Quoting Kampion
{quote} Target hit
Next target.
1.22295
You can do it!
  • #659,104
  • May 16, 2022 3:49am May 16, 2022 3:49am
Quoting Kampion
{quote} Target hit
Edited
Next target. Short
1.22211
You can do it!
  • #659,105
  • May 16, 2022 3:56am May 16, 2022 3:56am
Expecting the Cable to range until Fed as it likes to do before Fed. Suggesting you to save money and wait until Fed and probably get on train even after CPI news on Wednesday. Out of trade at least until Fed, probably even not trade until CPI on Wednesday. Look for some other pairs that don't include USD and GBP.
  • #659,106
  • May 16, 2022 3:56am May 16, 2022 3:56am
Quoting navk
{quote} The long scalp is done. .....but then, still i am accumulating long trades slowly {image}
Took some small loss in GU Long trades after London open.

This is my output for now since Asia open.

will come back for NY Open.
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Intraday only.
  • #659,107
  • May 16, 2022 4:00am May 16, 2022 4:00am
Quoting Pat Chiko
{quote} Hi Moty, I see GBP weak to next OB level to RT and taking some liquidity. {image}
Maybe
But even if you right, i believe in double top atleast at 1.230000 area
Attached Image (click to enlarge)
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yes yes yes
  • #659,108
  • May 16, 2022 4:09am May 16, 2022 4:09am
Quoting Pat Chiko
{quote} Hi Moty, I see GBP weak to next OB level to RT and taking some liquidity. {image}
GU

ADD

to accelerate the bear momentum

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #659,109
  • May 16, 2022 4:13am May 16, 2022 4:13am
Sell sell sell im coming
  • #659,110
  • May 16, 2022 4:22am May 16, 2022 4:22am
Still no break up
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yes yes yes
  • #659,111
  • May 16, 2022 4:28am May 16, 2022 4:28am
Quoting Kampion
{quote} Edited Next target. Short 1.22211
Target hit
You can do it!
  • #659,112
  • May 16, 2022 4:35am May 16, 2022 4:35am
Gbpusd current trend is down
  • #659,113
  • May 16, 2022 4:36am May 16, 2022 4:36am
Gbpusd tp 1.21500
  • #659,114
  • May 16, 2022 4:41am May 16, 2022 4:41am
Quoting Houtbay
Gbpusd current trend is down
I am selling too.. in the sell range (as shown in the chart)

SL @ 1.24xx
Attached Image (click to enlarge)
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Meditate -> Workout -> Good Food = Good Life!
  • #659,115
  • May 16, 2022 5:20am May 16, 2022 5:20am
Quoting Pat Chiko
{quote} GU ADD to accelerate the bear momentum {image}
Make sense, building up structure on 1h
down before.
  • #659,116
  • May 16, 2022 5:33am May 16, 2022 5:33am
Here we go
First long trade of the day
W/l 24/16 pips 1 to 1.5
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yes yes yes
  • #659,117
  • May 16, 2022 5:37am May 16, 2022 5:37am
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Grit; Knowledge; Right Mindset; All you need to overcome. KIS!
  • #659,118
  • May 16, 2022 5:45am May 16, 2022 5:45am
Price pushing but have no good momentum on time, price can go down to take some more buyers with and then explode higher, maybe 217x or new low
People don't plan to lose. They lose because they don't plan.
  • #659,119
  • May 16, 2022 5:51am May 16, 2022 5:51am
Quoting Moty
Here we go First long trade of the day W/l 24/16 pips 1 to 1.5 {image}
Two shorts.. SL @ 1.24xx

Reason: Trend
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Meditate -> Workout -> Good Food = Good Life!
  • #659,120
  • May 16, 2022 5:58am May 16, 2022 5:58am
Sell or buy.. Im confused.. Sell up buy down... Why..
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