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Cable Update (GBPUSD)

  • #660,861
  • May 27, 2022 4:09am May 27, 2022 4:09am
Quoting Headland
{quote} Let's see how this 1hr closes after the last inverted hammer/doji (ish) 1hr close. ...next downside 3 fib cluster 2596-91
Bearish 1 hr & 4hr close
  • #660,862
  • May 27, 2022 4:13am May 27, 2022 4:13am
Quoting fxmasterdxb
PA is weak, unable to push for HH or at least maintain a support, i started selling both EU and GU, lets see how it goes
Yes, I just cant buy it when looking at weekly and monthly, all shorts x12 active, hard stop for all 2720 targeting minimum 2380 maybe next week
People don't plan to lose. They lose because they don't plan.
  • #660,863
  • May 27, 2022 4:15am May 27, 2022 4:15am
Quoting Whale
{quote} Changing my stop to 1.2592 my tp 1.272 and loading more longs
Another long 1.261
  • #660,864
  • May 27, 2022 4:19am May 27, 2022 4:19am
Quoting ScalaFX
{quote} Yes, I just cant buy it when looking at weekly and monthly, all shorts x12 active, hard stop for all 2720 targeting minimum 2380 maybe next week
Wish you all the best Im taking it bit by bit and scalping only
  • #660,865
  • May 27, 2022 4:26am May 27, 2022 4:26am
Quoting fxmasterdxb
{quote} Wish you all the best Im taking it bit by bit and scalping only
Im scalping only normally, but to much to post all thats why posting only short medium look, Im wanna shoot some fat shorts to pump up my yearly
People don't plan to lose. They lose because they don't plan.
  • #660,866
  • May 27, 2022 4:29am May 27, 2022 4:29am
Added another long 12612 it’s a another slow day ahead it seems. Will try to be out of all trades this evening
Insane in the Brain..
  • #660,867
  • May 27, 2022 4:30am May 27, 2022 4:30am
Short in at 1.2612 target 1.2587
Don't trade what you think. Just what you see!!!
  • #660,868
  • May 27, 2022 4:36am May 27, 2022 4:36am
Audusd currently short resistance/support at 0.71360. What this level for direction up or down
  • #660,869
  • May 27, 2022 4:37am May 27, 2022 4:37am
Quoting Traderview
{image}{image}{image}
UPDATE:
I've posted charts during morning and nobody bothered. Please kindly visit my previous post for the details.
Attached Image(s) (click to enlarge)
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  • #660,870
  • May 27, 2022 4:39am May 27, 2022 4:39am
Quoting ScalaFX
{quote} Im scalping only normally, but to much to post all thats why posting only short medium look, Im wanna shoot some fat shorts to pump up my yearly
Dxy is still weak and GU is still bullish on 1hr and 4hr, i prefer to see how will price react at 1.2595 & 1.2580 and then take a call
  • #660,871
  • May 27, 2022 4:42am May 27, 2022 4:42am
Quoting BeeTogether
Added another long 12612 it’s a another slow day ahead it seems. Will try to be out of all trades this evening
Longing as a scalp could be a good option, i would prefer to see a candle indicating exhaustion or reversal before taking a position
  • #660,872
  • May 27, 2022 4:42am May 27, 2022 4:42am
... DP reached in that 1st 3 fib cluster
Trader with an Edge.
  • #660,873
  • May 27, 2022 4:42am May 27, 2022 4:42am
Quoting Traderview
{quote} UPDATE: I've posted charts during morning and nobody bothered. Please kindly visit my previous post for the details. {image} {image}
Nice one what we looking at?
Don't trade what you think. Just what you see!!!
  • #660,874
  • May 27, 2022 4:43am May 27, 2022 4:43am
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yes yes yes
  • #660,875
  • May 27, 2022 4:44am May 27, 2022 4:44am
i will only take a buy at 1.2525 if i want to risk anything..
Attached Image (click to enlarge)
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MY OPINION NOT FINANCIAL ADVISE
  • #660,876
  • May 27, 2022 4:45am May 27, 2022 4:45am
Tuninged wedge tl now...
Attached Image (click to enlarge)
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People don't plan to lose. They lose because they don't plan.
  • #660,877
  • May 27, 2022 4:48am May 27, 2022 4:48am
Quoting ScalaFX
Tuninged wedge tl now... {image}
Yaasss buys
  • #660,878
  • May 27, 2022 4:50am May 27, 2022 4:50am
Morning guys, been watching from afar this week at everyones discusions and thought I would chime in with my own views on the pair at the moment. Like most I think we have unfinished business at 1.2200 but in no words can you fall 1000 pips and not see a decent retracement which has been playing out in front of us. 1.2670 was the key area that I have been personally waiting for as I feel this holds all the keys to the next leg, break above and its off to 1.30 and then 1.32, fail and its back towards 1.23 for the next week or two. I am personally short from 1.2650 but a closure above 1.2610 will likely see me get out while we navigate the break of the small 30m trend line. Back below 1.2580 though and I will look to short again within the range highlighted on the chart towards 1.2500.

Happy Friday guys hope we all have a good one.
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  • #660,879
  • May 27, 2022 4:52am May 27, 2022 4:52am
Quoting Whale
{quote} Another long 1.261
Interesting, changed your cards? What made you switch?
  • #660,880
  • May 27, 2022 4:52am May 27, 2022 4:52am
This is looking every whit a short. I might sell retest.
Edit: first short 2607. Will add on retest to that purple line.
Attached Image (click to enlarge)
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