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Cable Update (GBPUSD)

  • #660,581
  • May 26, 2022 12:22am May 26, 2022 12:22am
1.25600 Is the level to watch
  • #660,582
  • May 26, 2022 12:43am May 26, 2022 12:43am
I think it's done with new highs for a while.
I'm expecting price to drop off a bit and then by Wednesday next week we'll probably get direction again - thanks to the red news.
  • #660,583
  • May 26, 2022 12:52am May 26, 2022 12:52am
1.24 calls the price again & again
My pivot worked well. It was not broken upwards by force, but it was broken downwards by force. Which shows me that the downtrend is not over But today the probability is 1.26200 to form a divergence. maybe not!!!
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There is nothing wrong with being kind & loving to each other
  • #660,584
  • May 26, 2022 1:01am May 26, 2022 1:01am
Subtle buy. Tp 1.28
  • #660,585
  • May 26, 2022 1:02am May 26, 2022 1:02am
Quoting EvilEye
I think it's done with new highs for a while. I'm expecting price to drop off a bit and then by Wednesday next week we'll probably get direction again - thanks to the red news.
Congrats
  • #660,586
  • May 26, 2022 1:04am May 26, 2022 1:04am
Quoting Moty
Switched to long tp 1.26373 {image}
Thank you for joining us
  • #660,587
  • May 26, 2022 1:12am May 26, 2022 1:12am
I'm making a (small) Buy here. when engulf M15 forms. but at 1.26200-1.26300 I will be looking for reasons to sell (Tp=1.24 ). Although Zone 1.26 will be broken by force to say goodbye to Zones 1.25 and 1.24, which I now find unlikely.
There is nothing wrong with being kind & loving to each other
  • #660,588
  • May 26, 2022 1:16am May 26, 2022 1:16am
I feel that price can still go down 20 pips or more
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #660,589
  • May 26, 2022 1:24am May 26, 2022 1:24am
Quoting martinez1
I feel that price can still go down 20 pips or more
but am i a small buy for 10 pips or more @25640
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #660,590
  • May 26, 2022 1:29am May 26, 2022 1:29am
Everything on my chart tells me to simply wait. I'm not a scalper. Random moves like this won't help my account balance lol.
Time is everything; Everything.
  • #660,591
  • May 26, 2022 1:31am May 26, 2022 1:31am
Quoting martinez1
{quote} but am i a small buy for 10 pips or more @25640
out of my buy - 5pips.
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #660,592
  • May 26, 2022 1:50am May 26, 2022 1:50am
Quoting RaHaG0D
It was not broken upwards by force, but it was broken downwards by force.
There's three consolidation levels off the floor in there but the third was squashed down. The topside grab signals the end of the upwards move as price clearly doesn't want to go higher.

Can only drop for now I think, and after that I expect some chop before Tuesday/Wednesday, but we will see. Can't predict out that far.
  • #660,593
  • May 26, 2022 1:56am May 26, 2022 1:56am
Quoting Nd10
{quote} Thank you for joining us
Instead of going to be i lost both ways
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yes yes yes
  • #660,594
  • May 26, 2022 1:58am May 26, 2022 1:58am
Yes, I do not expect a very sharp upward trend right now. Especially with 4H Bear Engulf candle. Just to the extent that a high-level divergence in any area I see to enter the sell. My eyes only see a drop right now. Maybe I'm wrong
There is nothing wrong with being kind & loving to each other
  • #660,595
  • May 26, 2022 1:59am May 26, 2022 1:59am
Quoting EvilEye
{quote} There's three consolidation levels off the floor in there but the third was squashed down. The topside grab signals the end of the upwards move as price clearly doesn't want to go higher. Can only drop for now I think, and after that I expect some chop before Tuesday/Wednesday, but we will see. Can't predict out that far.
Yes, I do not expect a very sharp upward trend right now. Especially with 4H Bear Engulf candle. Just to the extent that a high-level divergence in any area I see to enter the sell. My eyes only see a drop right now. Maybe I'm wrong
There is nothing wrong with being kind & loving to each other
  • #660,596
  • May 26, 2022 2:10am May 26, 2022 2:10am
G/M, upside move post fomc minutes y/day, sold off from start of dly part of prev 4hr/dly sw hi zone that extends to 2638....finding some support at the prev 1hr/4hr sw hi zone = prev res = pot rbs now...30min bullish hidden div there. Nest upside 3 fib cluster 2724-34

1hr below
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Trader with an Edge.
  • #660,597
  • May 26, 2022 2:20am May 26, 2022 2:20am
tough week the strong survive.

breakeven yesterday

today is another day
short 1.2575 sl 25 tp 25
MY OPINION NOT FINANCIAL ADVISE
  • #660,598
  • May 26, 2022 2:24am May 26, 2022 2:24am
Quoting Moty
{quote} Instead of going to be i lost both ways {image}
OK
now i am also happy
show me the money mf
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yes yes yes
  • #660,599
  • May 26, 2022 2:25am May 26, 2022 2:25am
25sl each over to you london
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MY OPINION NOT FINANCIAL ADVISE
  • #660,600
  • May 26, 2022 2:26am May 26, 2022 2:26am
Quoting Moty
{quote} OK now i am also happy show me the money mf {image}
I'm happy for you
There is nothing wrong with being kind & loving to each other
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