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Cable Update (GBPUSD)

  • #659,561
  • May 18, 2022 8:54am May 18, 2022 8:54am
Quoting mtako
{quote}{quote}As am I! Problem is this level gave me a lot of fighting for my shorts last month: +-2410 is big support level, see the low of the 2nd half of the 28th of last month , that put a sudden stop from the straight +600pips drop. Day has to close clear of that for me to congratulate our bears ! <2350 my best case scenario. Worst case >2440, to which we are dangerously close. But I prepared another 2480s testing nonetheless, just in case the BIG unexpected still happens. It...
Yes, thats why im taken 50% from my all positions earlier, now have only secured shorts 2490-2500, when hit I will switch to long
People don't plan to lose. They lose because they don't plan.
  • #659,562
  • May 18, 2022 8:56am May 18, 2022 8:56am
Quoting Whale
last view, publish my count on higher TF if 5th in place, and i think yes so the grey area is the target, and down we go again, maybe for new low (1.196X) before the shoot up for hell of a long {image}

if we dont see 1.20 in this Q2 i will take a swing long in Q3 and hold till next year Q1 or Q2 we should see 1.40
MY OPINION NOT FINANCIAL ADVISE
  • #659,563
  • May 18, 2022 8:58am May 18, 2022 8:58am
what a scalping day..


anyone enjoying this
MY OPINION NOT FINANCIAL ADVISE
  • #659,564
  • May 18, 2022 9:03am May 18, 2022 9:03am
Quoting ScalaFX
{quote} Yes, thats why im taken 50% from my all positions earlier, now have only secured shorts 2490-2500, when hit I will switch to long
Oh that is nice mate ! Well done ! For me this week I trade more for longer term. My today's shorts heavily 2456 to 2494, then pause with a couple lonely lads in between, and then 2389 to 2430, and even one solo at the very low, poor dude , 2375. Thankfully, the vast majority are in 2460s, so I have some room still...

Looks like the decision time after all !! Well done bears ! Common <2350 !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #659,565
  • May 18, 2022 9:04am May 18, 2022 9:04am
Grrrrr long gone tits up.. might take profit at b/e
Insane in the Brain..
  • #659,566
  • May 18, 2022 9:04am May 18, 2022 9:04am
We're now back to the trendline that it bounced from earlier. Time to watch and see how it reacts. A bounce off of here and I'll close my shorts.
  • #659,567
  • May 18, 2022 9:04am May 18, 2022 9:04am
Quoting donfriday
{quote} if we dont see 1.20 in this Q2 i will take a swing long in Q3 and hold till next year Q1 or Q2 we should see 1.40
ok, i don’t really use quarters in my trading.
im day trader
  • #659,568
  • May 18, 2022 9:05am May 18, 2022 9:05am
Quoting donfriday
{quote} if we dont see 1.20 in this Q2 i will take a swing long in Q3 and hold till next year Q1 or Q2 we should see 1.40
Im want this to but I want to catch jest price and I still think that's under 1.20
People don't plan to lose. They lose because they don't plan.
  • #659,569
  • May 18, 2022 9:06am May 18, 2022 9:06am
Quoting BeeTogether
Grrrrr long gone tits up.. might take profit at b/e
relax. Compression waves till we find some spot
  • #659,570
  • May 18, 2022 9:09am May 18, 2022 9:09am
Quoting Whale
{quote} ok, i don’t really use quarters in my trading. im day trader

start having a Quarterly chart setup and see the result of ur trading
MY OPINION NOT FINANCIAL ADVISE
  • #659,571
  • May 18, 2022 9:12am May 18, 2022 9:12am
Quoting ScalaFX
{quote} Im want this to but I want to catch jest price and I still think that's under 1.20
if the Q2 close below 1.25 its possible

sellers need to remain under that liquidity
Attached Image (click to enlarge)
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MY OPINION NOT FINANCIAL ADVISE
  • #659,572
  • May 18, 2022 9:15am May 18, 2022 9:15am
Attached Image (click to enlarge)
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  • #659,573
  • May 18, 2022 9:17am May 18, 2022 9:17am
Eurusd long at 1.05150
  • #659,574
  • May 18, 2022 9:18am May 18, 2022 9:18am
GBP and EUR balloon is popping

Inserted Video
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #659,575
  • May 18, 2022 9:21am May 18, 2022 9:21am
Quoting ICouldBWrong
We're now back to the trendline that it bounced from earlier. Time to watch and see how it reacts. A bounce off of here and I'll close my shorts.

Looks like it caught a bid at that trendline. I'm out for now. However, a break below that line and then previous low of session could bring on some serious selling. Will likely look to get back in if that occurs.
  • #659,576
  • May 18, 2022 9:22am May 18, 2022 9:22am
Quoting donfriday
{quote} if the Q2 close below 1.25 its possible sellers need to remain under that liquidity {image}
Ok,
i will use your info.
i dont believe supply and demand of currencies working like that, but if it works for you, im happy
  • #659,577
  • May 18, 2022 9:22am May 18, 2022 9:22am
Quoting Pat Chiko
{quote} GU Higher....... {image}
GU

Some pull back.

Bad news for late comers for going long.

Still holding LONG position.

Attached Image (click to enlarge)
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #659,578
  • May 18, 2022 9:24am May 18, 2022 9:24am
Inserted Video
Attached Image (click to enlarge)
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #659,579
  • May 18, 2022 9:24am May 18, 2022 9:24am
Quoting Whale
{quote} Ok, i will use your info. i dont believe supply and demand of currencies working like that, but if it works for you, im happy

you are not much of a believer
MY OPINION NOT FINANCIAL ADVISE
  • #659,580
  • May 18, 2022 9:27am May 18, 2022 9:27am
Quoting Pat Chiko
{quote} EU Bounce off support line {image}
EU

Price back to support line.

At original entry price.

Attached Image (click to enlarge)
Click to Enlarge Name: eu 006.jpg Size: 116 KB
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
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