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Cable Update (GBPUSD)

  • #659,881
  • May 20, 2022 12:39am May 20, 2022 12:39am
Quoting Rahidz
Any trade gold? Buy or sell?
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yes yes yes
  • #659,882
  • May 20, 2022 12:41am May 20, 2022 12:41am
Quoting fxmasterdxb
{quote} Out of all my GU/EU shorts {image}
Why master? Change of your view?
People don't plan to lose. They lose because they don't plan.
  • #659,883
  • May 20, 2022 12:46am May 20, 2022 12:46am
Quoting ScalaFX
{quote} Why master? Change of your view?
Not at all, i have seen some retrace signs, so decided to exit and enter at a better price later
For me GU will continue to 1.2055 unless 1.26 is reached which will invalidate my setup
  • #659,884
  • May 20, 2022 12:47am May 20, 2022 12:47am
Quoting fxmasterdxb
{quote} Out of all my shorts {image}
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  • #659,885
  • May 20, 2022 12:47am May 20, 2022 12:47am
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yes yes yes
  • #659,886
  • May 20, 2022 12:49am May 20, 2022 12:49am
Quoting ScalaFX
{quote} Why master? Change of your view?
he could get a better price.
  • #659,887
  • May 20, 2022 12:55am May 20, 2022 12:55am
Quoting Whale
Option A pic below to finish 5 option B drop till 1.2326 from around 1.249 have a nice day. {image}
Option B is fifth with failed breakout.
https://breakpullback.com
  • #659,888
  • May 20, 2022 1:02am May 20, 2022 1:02am
Price is above the daily pivot at 2445 so might track up again. However, on my chart 2330 is where we had the heaviest volume yesterday signified by the orange line and price may find it difficult to break it down even if it tracks down, and if it doesn't bulls might fly again. That said, what Asia does on Friday is usually what would happen the rest of the day so it might be a sell the spikes day.

Price is currently at a place where volume is building up signified by the grey horizontal bars. If price can get above it then it can rise some more. But I am wary of it. I am currently long to see if price can poke Asia's high where I might look to go short.

I didn't check this set up chart yesterday, else I would have added to my long at that 2330 area. but it's fine. Profit is profit.

Edit: Out of my buy at 2485. Some change in the pocket.
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  • #659,889
  • May 20, 2022 1:02am May 20, 2022 1:02am
Quoting Whale
{quote} he could get a better price.
could be
People don't plan to lose. They lose because they don't plan.
  • #659,890
  • May 20, 2022 1:04am May 20, 2022 1:04am
the is no escape from that result
Frankfurt opens with a buyers pressure
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yes yes yes
  • #659,891
  • May 20, 2022 1:05am May 20, 2022 1:05am
Quoting ScalaFX
{quote}could be
Why could? Its a fact
  • #659,892
  • May 20, 2022 1:08am May 20, 2022 1:08am
Quoting fxmasterdxb
{quote} Not at all, i have seen some retrace signs, so decided to exit and enter at a better price later For me GU will continue to 1.2055 unless 1.26 is reached which will invalidate my setup
It will indeed hit
  • #659,893
  • May 20, 2022 1:11am May 20, 2022 1:11am
Quoting Nd10
{quote} It will indeed hit
For me the only thing that would invalidate that price is a break above 2719.
  • #659,894
  • Edited 3:12am May 20, 2022 1:14am | Edited 3:12am
It looks not very easy to play through supply zone and limit down 2407 in h4 tf but h1 tf this last leg may even ended or take 2394 limit to up further. So good correction possible, if impulse not work still may range up as bull target 2637!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #659,895
  • May 20, 2022 1:20am May 20, 2022 1:20am
No signal yet for this, but I want to stick with Asia's Friday theme of selling.

Short 2491
  • #659,896
  • May 20, 2022 1:22am May 20, 2022 1:22am
GU H1
pending order long 1.2437 tp 1.2532
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all, finish your week well

GU H4 better to see
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  • #659,897
  • May 20, 2022 1:30am May 20, 2022 1:30am
Quoting Mitiblotch
No signal yet for this, but I want to stick with Asia's Friday theme of selling. Short 2491
Close at 2475. +15. Hehe
  • #659,898
  • May 20, 2022 1:31am May 20, 2022 1:31am
Quoting Isabella_D
GU H1 pending order long 1.2437 tp 1.2532 {image} all, finish your week well
nice idea, close to my plan.
Below Asian session there’s demand that we sort of missed
i have time..
  • #659,899
  • May 20, 2022 1:34am May 20, 2022 1:34am
Quoting Moty
the is no escape from that result Frankfurt opens with a buyers pressure {image}
to me 2496 to resist the move.

The price likely to fall from there.
Intraday only.
  • #659,900
  • May 20, 2022 1:35am May 20, 2022 1:35am
Quoting Mitiblotch
{quote} Close at 2475. +15. Hehe
We took almost the same trade
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