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Cable Update (GBPUSD)

  • #660,301
  • May 24, 2022 2:32am May 24, 2022 2:32am
EU could be topping now and fall for the rest of the day, lets see of GU will follow
  • #660,302
  • May 24, 2022 2:58am May 24, 2022 2:58am
i think it's better to wait for 1.08000 area for short in the eu

at least wait for price to below the 50 lwma band in the 1 m chart
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yes yes yes
  • #660,303
  • May 24, 2022 2:59am May 24, 2022 2:59am
Attached Image (click to enlarge)
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yes yes yes
  • #660,304
  • May 24, 2022 3:13am May 24, 2022 3:13am
Quoting kris89
testing sell @1.25950 ( medium lot ) SL just 10 pip , nothing more than it , tp open will see on where it will loss steam again and swing
SL set to BE , lets it boiled a while and do our activity , will checked again near NYO
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #660,305
  • May 24, 2022 3:16am May 24, 2022 3:16am
good bounce , initial target goes to 2637 + to 2750. take care
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #660,306
  • May 24, 2022 3:17am May 24, 2022 3:17am
Quoting fxmasterdxb
EU could be topping now and fall for the rest of the day, lets see of GU will follow
Happening now, waiting for 4hr close for confirmation
  • #660,307
  • May 24, 2022 3:21am May 24, 2022 3:21am
Quoting fxmasterdxb
{quote} Happening now, waiting for 4hr close for confirmation
This is what im looking at now, this 1 hr close is crucial for me
Attached Image (click to enlarge)
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  • #660,308
  • May 24, 2022 3:26am May 24, 2022 3:26am
Pseudo-equal highs on the LTF at that 2598 area, which will be taken out later. Looking to buy as low as possible. Tempting to sell but I will wait.
  • #660,309
  • May 24, 2022 3:32am May 24, 2022 3:32am
Quoting donfriday
{quote} waiting for london 1.2625 failed then 1.2525 is possible that level should take us to 1.2750

done



boom
MY OPINION NOT FINANCIAL ADVISE
  • #660,310
  • May 24, 2022 3:33am May 24, 2022 3:33am
Wow , gu is one crazy mf
In the other hand , The eu is standing still
Attached Image (click to enlarge)
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yes yes yes
  • #660,311
  • May 24, 2022 3:33am May 24, 2022 3:33am
Red sticker data did it!
Insane in the Brain..
  • #660,312
  • May 24, 2022 3:35am May 24, 2022 3:35am
Wow i was waiting for 1.2507, unfortunately i was not on board
will assess the 4hr close and decide for my next position
  • #660,313
  • May 24, 2022 3:37am May 24, 2022 3:37am
Quoting fxmasterdxb
Wow i was waiting for 1.2507, unfortunately i was not on board will assess the 4hr close and decide for my next position
Quick, fast dump. No chance to get in. Lol... that's how the MMs want it. I was so tempted to sell but held my peace because I wanted the almost equal tops to be taken out first. Well... fight another day. My pending long is triggered at a spot don't like.

Bulls need validation by 2500. If it fails then dump to 2000 may happen.
  • #660,314
  • May 24, 2022 3:39am May 24, 2022 3:39am
Now to work out where I take profit as this dropping faster than an Essex girl on a night out

edt: took profit at 12490 made enough for the day
Insane in the Brain..
  • #660,315
  • May 24, 2022 3:40am May 24, 2022 3:40am
I was waiting got a good pullback to sell and when i didnt see it. I stood up. Immediately, this cable does things !! well played chief
Time is everything; Everything.
  • #660,316
  • May 24, 2022 3:43am May 24, 2022 3:43am
Quoting Mitiblotch
{quote} Quick, fast dump. No chance to get in. Lol... that's how the MMs want it. I was so tempted to sell but held my peace because I wanted the almost equal tops to be taken out first. Well... fight another day. My pending long is triggered at a spot don't like. Bulls need validation by 2500. If it fails then dump to 2000 may happen.
Well yesterday i was looking in details (day, 4hr, 1hr) candles if previous lows, in almost all cases price tends to revisit the lows or at least retraces 78.6 fibbo before flying again, so yes i think we will be revisiting the lows with a chance of slightly lower before flying much higher

im waiting for some retrace to enter short, i think price will not retrace until hitting 1.2470-60
  • #660,317
  • May 24, 2022 3:43am May 24, 2022 3:43am
Quoting Mitiblotch
{quote} Quick, fast dump. No chance to get in. Lol... that's how the MMs want it. I was so tempted to sell but held my peace because I wanted the almost equal tops to be taken out first. Well... fight another day. My pending long is triggered at a spot don't like. Bulls need validation by 2500. If it fails then dump to 2000 may happen.

Attached Image (click to enlarge)
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MY OPINION NOT FINANCIAL ADVISE
  • #660,318
  • May 24, 2022 3:45am May 24, 2022 3:45am
I shared an article from fxstreet last week about the estimated range of GU being 2600 to 2200. Maybe that's going to play out. My pending long is triggered. Hehehe... let's pray.
  • #660,319
  • May 24, 2022 3:47am May 24, 2022 3:47am
Quoting fxmasterdxb
{quote} Well yesterday i was looking in details (day, 4hr, 1hr) candles if previous lows, in almost all cases price tends to revisit the lows or at least retraces 78.6 fibbo before flying again, so yes i think we will be revisiting the lows with a chance of slightly lower before flying much higher im waiting for some retrace to enter short, i think price will not retrace until hitting 1.2470-60
I am travelling and kept a pending long at 2541. I kept feeling like removing it but when I finally decided to log in and take it out, kaboom! It fell like a rock. Hahaha... but I am fine. I want to add at 2470 or around there. If bulls want to survive price has to close above 2500 today. Else, the rock will yet to the bottom of the sea.
  • #660,320
  • May 24, 2022 3:48am May 24, 2022 3:48am
Quoting elbert3
{quote} 2436 fail this one
Will it get there
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