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Cable Update (GBPUSD)

  • #660,381
  • May 24, 2022 7:55am May 24, 2022 7:55am
Come on mister euro
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yes yes yes
  • #660,382
  • May 24, 2022 8:00am May 24, 2022 8:00am
Will look to go long after NY has settled in
Insane in the Brain..
  • #660,383
  • May 24, 2022 8:11am May 24, 2022 8:11am
NZDCHF SHORT

SL: 0.62252
TP: at least 100 Pips away from entry
My telegram: https://t.me/avidforex
  • #660,384
  • Edited 8:34am May 24, 2022 8:16am | Edited 8:34am
Quoting ForexGoose
1.253 is likely a top today it could result in a nice Friday dump https://www.youtube.com/watch?v=Ph3W8EqhJh4 {image}
Lucky that I moved my stop loss higher. 1.26 is the stronger resistance level for now. I expect further selling.

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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #660,385
  • May 24, 2022 8:36am May 24, 2022 8:36am
GBPUSD SHORT Almost activated
Just waiting for confirmation
My telegram: https://t.me/avidforex
  • #660,386
  • May 24, 2022 8:40am May 24, 2022 8:40am
GBPUSD SHORT
SL: 1.25283
TP: 1.23644

You can short with low lot… because it has not been confirmed..

confirmation Will come in the next two.. H1 Candles.
My telegram: https://t.me/avidforex
  • #660,387
  • May 24, 2022 8:46am May 24, 2022 8:46am
GBPUSD short Analysis

@BigNumbers
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  • #660,388
  • May 24, 2022 9:05am May 24, 2022 9:05am
2535 is 50% fib
  • #660,389
  • May 24, 2022 9:06am May 24, 2022 9:06am
All out !!!
Ty mister euro
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yes yes yes
  • #660,390
  • May 24, 2022 9:08am May 24, 2022 9:08am
Quoting BigNumbers
GBPUSD SHORT SL: 1.25283 TP: 1.23644 You can short with low lot… because it has not been confirmed.. confirmation Will come in the next two.. H1 Candles.
Let’s wait for confirmation. I think price will go down now.
I’m starting to trade what is happening at the moment.

Well, the daily time frame look bullish but let’s concentrate on NOW (H1 TF)
My telegram: https://t.me/avidforex
  • #660,391
  • May 24, 2022 9:10am May 24, 2022 9:10am
I’m looking at ecad. It’s at a 4 hr reversal zone. Is anybody else out there thinking of going short on this pair?
  • #660,392
  • May 24, 2022 9:13am May 24, 2022 9:13am
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back up to the tl now ,, will it confirm ??
  • #660,393
  • May 24, 2022 9:19am May 24, 2022 9:19am
Quoting BigNumbers
{quote} Let’s wait for confirmation. I think price will go down now. I’m starting to trade what is happening at the moment. Well, the daily time frame look bullish but let’s concentrate on NOW (H1 TF)
daily look bullish ?

we are 1500pips from all time low bro, how does that make daily bullish ?
MY OPINION NOT FINANCIAL ADVISE
  • #660,394
  • May 24, 2022 9:27am May 24, 2022 9:27am
Quoting donfriday
{quote} daily look bullish ? we are 1500pips from all time low bro, how does that make daily bullish ?

DonFriday, Forget about the entire trend…
The daily demanders have not had such a demand level in a long time, for this reason it looks invisibly BULLISH. Check the chart attached chart..
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  • #660,395
  • May 24, 2022 9:34am May 24, 2022 9:34am
Quoting BigNumbers
{quote} DonFriday, Forget about the entire trend… The daily demanders have not had such a demand level in a long time, for this reason it looks invisibly BULLISH. Check the chart attached chart.. {image}

ordinarily, We are suppose to be buying but can we afford to keep our stop loss below the demand level with the kind of finance we have ? the answer is NO! except we chose the 0.01 lot.

Prices will trade back into the demand level. That’s why we are selling to the demand level created on the daily Time frame.
My telegram: https://t.me/avidforex
  • #660,396
  • May 24, 2022 9:38am May 24, 2022 9:38am
Quoting BigNumbers
{quote} DonFriday, Forget about the entire trend… The daily demanders have not had such a demand level in a long time, for this reason it looks invisibly BULLISH. Check the chart attached chart.. {image}

what u just show is 3 weeks high and low compare to 5yrs or 2yrs high and low


i can agree looking for buy but major trend is till down
MY OPINION NOT FINANCIAL ADVISE
  • #660,397
  • May 24, 2022 9:41am May 24, 2022 9:41am
Quoting BigNumbers
NZDCHF SHORT SL: 0.62252 TP: at least 100 Pips away from entry
If you take this trade, you should be smiling by now!

Good luck!
My telegram: https://t.me/avidforex
  • #660,398
  • May 24, 2022 9:47am May 24, 2022 9:47am
Quoting donfriday
{quote} what u just show is 3 weeks high and low compare to 5yrs or 2yrs high and low i can agree looking for buy but major trend is till down

Yes, You’re right, the overall trend is Bearish! But I normally focus on things that are not visibly noticed in the market. Just like I’m seeing GBP dropping like 100 pips now but it’s not seen…
My telegram: https://t.me/avidforex
  • #660,399
  • May 24, 2022 9:49am May 24, 2022 9:49am
Quoting BigNumbers
{quote} ordinarily, We are suppose to be buying but can we afford to keep our stop loss below the demand level with the kind of finance we have ? the answer is NO! except we chose the 0.01 lot. Prices will trade back into the demand level. That’s why we are selling to the demand level created on the daily Time frame.


you are right but it also depend on ur account balance.

after the 1500pips drop a correction is expected so we should be looking for buy but in third quarter it will be fine
MY OPINION NOT FINANCIAL ADVISE
  • #660,400
  • May 24, 2022 9:59am May 24, 2022 9:59am
Quoting donfriday
{quote} what u just show is 3 weeks high and low compare to 5yrs or 2yrs high and low i can agree looking for buy but major trend is till down
Yes, You’re right, the overall daily trend is bearish. I like focusing on the invisible things in the market, just as it looks like a buy now… but I’m seeing bearish signal, that’s not very clear. The move usually starts when no retail trader can see it.
My telegram: https://t.me/avidforex
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