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Cable Update (GBPUSD)

  • #661,101
  • May 30, 2022 2:34am May 30, 2022 2:34am
... dips getting bought from current dly lo, on 5min and below, but 30min/1hr still rangy. 6 consec HL's on 1hr though, before the dip to a L below the last one (@ current dly lo - not incl opening spread widening lo.)

1hr below
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Trader with an Edge.
  • #661,102
  • May 30, 2022 2:49am May 30, 2022 2:49am
Quoting ScalaFX
{quote} The drop is calling, can happend aby time and so fast, we can be even at 1.20 to the end od week, I think monthly change to bearish candle and one more or two will be further, I can be wrong too, trade safe! {image}
They are testing our patience, but we know the dump will come. The wedge has been almost exhausted.
  • #661,103
  • May 30, 2022 2:50am May 30, 2022 2:50am
Pa turning bullish, ill be looking for the right place to long
  • #661,104
  • May 30, 2022 2:56am May 30, 2022 2:56am
Quoting Mitiblotch
{quote} They are testing our patience, but we know the dump will come. The wedge has been almost exhausted.
Oh course, same ole same ole, we can see some ride to hunt stop and grab some new sellers, but low must be tested or break deeper to grow further levels, I hope for that but we must be carefull, cheers mate!
People don't plan to lose. They lose because they don't plan.
  • #661,105
  • May 30, 2022 2:56am May 30, 2022 2:56am
exit my sell @ first swing repel . will see what will price wanna do in these 2 day during monthly close , what will the candle do bull or bear or even doji ?

still i`m not seeking long in these monthly close , ill see the price do in these 2 day

its short for me more higher or last high

if price manage to break Asian high , get ready to pump hard
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #661,106
  • Edited 3:31am May 30, 2022 3:16am | Edited 3:31am
Nice QM H4 Gold, i'm not trading shiny but I think good setup selling now with SL around 1870 TP 1800, medium term

Ps. Can help dump GU when drop
People don't plan to lose. They lose because they don't plan.
  • #661,107
  • May 30, 2022 3:38am May 30, 2022 3:38am
Quoting fxmasterdxb
Pa turning bullish, ill be looking for the right place to long
Target 1.2712
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  • #661,108
  • May 30, 2022 3:41am May 30, 2022 3:41am
Quoting ScalaFX
{quote} Oh course, same ole same ole, we can see some ride to hunt stop and grab some new sellers, but low must be tested or break deeper to grow further levels, I hope for that but we must be carefull, cheers mate!
Today is range day. It's not going anywhere. The worst it can do is touch 2719. I still expect a drop. I am selling these levels. Price is trying to force a buy but it will most likely drop out of that wedge through the underside.

Also today is Monday (one-way traffic day). Asia bought so I expect London to continue the buying theme. All leads to nowhere in my opinion. 2719 break out is my watch area.
  • #661,109
  • May 30, 2022 3:44am May 30, 2022 3:44am
Trying hard to break out.
US Dollar been weak across other pairs lately.
  • #661,110
  • May 30, 2022 3:45am May 30, 2022 3:45am
@ Moty , you could do this on d side - easeee $$$ m8 and Hopefulleee you'll NOT lose this on cable !
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Don’t focus on making $$$, focus on protecting what you have.
  • #661,111
  • May 30, 2022 3:52am May 30, 2022 3:52am
Quoting navk
I took short. my stop 2658
taken
  • #661,112
  • May 30, 2022 3:58am May 30, 2022 3:58am
Quoting ScalaFX
Nice QM H4 Gold, i'm not trading shiny but I think good setup selling now with SL around 1870 TP 1800, medium term Ps. Can help dump GU when drop
I am Bullish on Gold atm with 1900 in sight.
Daily, Weekly bullish signs.
Monthly retested February lows. Dollar strenght been suspended, making metal buyers return. Can be wrong of course, depending on sharks agenda.
  • #661,113
  • May 30, 2022 4:01am May 30, 2022 4:01am
Quoting PatienceFx
{quote} taken
I booked my profit long back.

Now again shorts taken
Intraday only.
  • #661,114
  • May 30, 2022 4:11am May 30, 2022 4:11am
Quoting fxmasterdxb
{quote} Target 1.2712 {image}
After doing some further analysis, my tp is changed to 1.279, lets see
  • #661,115
  • May 30, 2022 4:11am May 30, 2022 4:11am
Quoting Whale
{quote} You have the best day to double your account by scalping it.
You are right
I tried to catch big moves
But i wills scalp 20 pips moves from now on
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yes yes yes
  • #661,116
  • May 30, 2022 4:15am May 30, 2022 4:15am
Quoting ScalaFX
Nice QM H4 Gold, i'm not trading shiny but I think good setup selling now with SL around 1870 TP 1800, medium term Ps. Can help dump GU when drop
If someone traded this SL BE now, always protect your positions
People don't plan to lose. They lose because they don't plan.
  • #661,117
  • May 30, 2022 4:17am May 30, 2022 4:17am
Quoting fxmasterdxb
{quote} After doing some further analysis, my tp is changed to 1.279, lets see
Oh no! Can you do some more analysis and finally see a 1.20?
People don't plan to lose. They lose because they don't plan.
  • #661,118
  • May 30, 2022 4:18am May 30, 2022 4:18am
Attention. 1,2645 and 1.2550. Expiration of the option.
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  • #661,119
  • May 30, 2022 4:23am May 30, 2022 4:23am
Quoting igik
Attention. 1,2645 and 1.2550. Expiration of the option. {image}
Thanks for that, im searching this already 3.5 bln wow, we can see slide for this in Ny
People don't plan to lose. They lose because they don't plan.
  • #661,120
  • May 30, 2022 4:30am May 30, 2022 4:30am
Quoting ScalaFX
{quote} Thanks for that, im searching this already 3.5 bln wow, we can see slide for this in Ny
This price isnt going anywhere. It must respect my shorts. Hehehe...
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