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Cable Update (GBPUSD)

  • #659,161
  • May 16, 2022 10:51am May 16, 2022 10:51am
Quoting Moty
another live long trade {image}

The dirty buggers may be going after the Asian shorts?
  • #659,162
  • May 16, 2022 10:55am May 16, 2022 10:55am
Quoting Wavegarrick
{quote} Hi Miti, The swing will come and it will happen so quick that most traders will not get in on the move because of the relentless down push on Gu and bearish sentiment. Just the way the market is when it comes to multi month, year swings. Best to sit and wait Agree with you, I certainly do not want to sell here unless tight stops and scalping trades. Cheers.
My Weekly pivot at 1.22724 currently being tested. Subtle bullish hints from a 4hr perspective for a try of 1.24000.
Trade well folks,
Cheers.
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Trade to trade another day
  • #659,163
  • May 16, 2022 10:59am May 16, 2022 10:59am
Quoting Wavegarrick
{quote} My Weekly pivot at 1.22724 currently being tested. Subtle bullish hints from a 4hr perspective for a try of 1.24000. Trade well folks, Cheers. {image}
GU is just about to test the NA high now!!!
  • #659,164
  • May 16, 2022 11:32am May 16, 2022 11:32am
GBPCAD SHORT
TP: 1.56387
SL: 1.58666

162 Pips


If I'm posting too much, Please caution me.

Good Luck..
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My telegram: https://t.me/avidforex
  • #659,165
  • May 16, 2022 11:43am May 16, 2022 11:43am
Quoting Moty
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 {image} {image}
ty mister aussie , i knew i can count on you
daily profit is 100 $
another 100 $ withdraw bite the dust
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yes yes yes
  • #659,166
  • May 16, 2022 11:58am May 16, 2022 11:58am
now dx can turn here and that can drop every body else
took short aussie for 50 $
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yes yes yes
  • #659,167
  • May 16, 2022 12:32pm May 16, 2022 12:32pm
Quoting Moty
{quote} ty mister aussie , i knew i can count on you daily profit is 100 $ another 100 $ withdraw bite the dust {image}
Sometimes I drop by here just to grab some of that Moty energy !
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #659,168
  • May 16, 2022 12:37pm May 16, 2022 12:37pm
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yes yes yes
  • #659,169
  • May 16, 2022 12:52pm May 16, 2022 12:52pm
Gbpusd long 1.22800
  • #659,170
  • May 16, 2022 1:15pm May 16, 2022 1:15pm
I lost a trade, and my 2260 and my 2280 at BE earlier in the day. Still holding on to my other 13 shorts. Still letting bulls mess around . Big news coming up, for both economies. So trading lightly till that dust settles. Re-entering when/if the time comes : Sell stop 22795, 2256. Valid as long as 2350 is not reached. 2350 would shake up my 12H super caliber-high-quality-momentum and I would have to oil the motor again before another drive.
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #659,171
  • May 16, 2022 1:25pm May 16, 2022 1:25pm
Quoting Moty
another live long trade {image}
nailed it !!!!
Attached Image (click to enlarge)
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yes yes yes
  • #659,172
  • May 16, 2022 1:26pm May 16, 2022 1:26pm
Quoting ninner
Anyone trading Usdcad???
Executing trades with precision!!
  • #659,173
  • May 16, 2022 1:29pm May 16, 2022 1:29pm
Quoting ScalaFX
Im expecting a ride towards 1.23 od higher today from 1.222x, trade safe!
Level done, now more high or some correction
People don't plan to lose. They lose because they don't plan.
  • #659,174
  • May 16, 2022 1:32pm May 16, 2022 1:32pm
Wegde crushed, now we can see some down for TL confirm or fly like an angel
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People don't plan to lose. They lose because they don't plan.
  • #659,175
  • May 16, 2022 1:38pm May 16, 2022 1:38pm
Quoting ScalaFX
Wegde crushed, now we can see some down for TL confirm or fly like an angel {image}
Exactly. Took out a few buys and waiting for retracements to join again.

Let's retrace a bit and go for 1.24
  • #659,176
  • May 16, 2022 1:47pm May 16, 2022 1:47pm
Well done mates!! Nice profit taking late in the day from some of you well deserving fellow traders ! I am waiting still, doing a bit of toreador again
Quoting mtako
I lost a trade, and my 2260 and my 2280 at BE earlier in the day. Still holding on to my other 13 shorts. Still letting bulls mess around . Big news coming up, for both economies. So trading lightly till that dust settles. Re-entering when/if the time comes : Sell stop 22795, 2256. Valid as long as 2350 is not reached. 2350 would shake up my 12H super caliber-high-quality-momentum and I would have to oil the motor again before another drive. {image}
Nice try my friend! Missed me by 5pts Walking away now. - not looking back
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #659,177
  • May 16, 2022 1:54pm May 16, 2022 1:54pm
Quoting Nd10
{quote} Exactly. Took out a few buys and waiting for retracements to join again. Let's retrace a bit and go for 1.24
Yes, unless price not break 1.241x trend is down and wedge pattern can be decline, but I think we can easily go to 1.25 and from here we can one more time go to the low to confirm or make a new maybe 1.20 or 1.1950, another take is break od 1.25 and we can see 1.27, lets see how they Play out
People don't plan to lose. They lose because they don't plan.
  • #659,178
  • May 16, 2022 2:04pm May 16, 2022 2:04pm
Quoting ScalaFX
{quote} Yes, unless price not break 1.241x trend is down and wedge pattern can be decline, but I think we can easily go to 1.25 and from here we can one more time go to the low to confirm or make a new maybe 1.20 or 1.1950, another take is break od 1.25 and we can see 1.27, lets see how they Play out
Reaching 1.25 would be the biggest bull adventure since the December Monster !!!!
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #659,179
  • May 16, 2022 2:11pm May 16, 2022 2:11pm
Quoting ScalaFX
{quote} Yes, unless price not break 1.241x trend is down and wedge pattern can be decline, but I think we can easily go to 1.25 and from here we can one more time go to the low to confirm or make a new maybe 1.20 or 1.1950, another take is break od 1.25 and we can see 1.27, lets see how they Play out
Whichever way, we are actually on wave 3 either from 1 hour or 4 hours. This would likely terminate @1.24, whether it retraces or not. Then a drop to 1.22 area for reinforcement to 1.26 - 1.27 (wave 5). My thoughts though
  • #659,180
  • May 16, 2022 2:11pm May 16, 2022 2:11pm
Quoting mtako
{quote}Reaching 1.25 would be the biggest bull adventure since the December Monster !!!!
Would want a drop before this reinforcement up
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