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Cable Update (GBPUSD)

  • #745,321
  • May 12, 2023 5:24am May 12, 2023 5:24am
looking for short around 1.258
be a thinker before being a reacter
  • #745,322
  • May 12, 2023 5:25am May 12, 2023 5:25am
That’s the thing. I had 12550 area as a point of TP last night. We didn’t get there. Today 12550 is daily pivot maybe a reaction from there
Insane in the Brain..
  • #745,323
  • May 12, 2023 5:25am May 12, 2023 5:25am
Yes, I've noticed this too.
Quoting Elysion
Do charts and candlesticks differs from brokers to brokers? I was comparing two diff charts side by side and noticed this. Left side (top) from my current broker, right side (bottom) is from ftmo. {image} {image}
Funded trader
  • #745,324
  • May 12, 2023 5:36am May 12, 2023 5:36am
Quoting BeeTogether
{quote} I’m gonna add to my short around 12545 and hopefully bring back enough for a samosa chaat (or McDonald’s )
I'm still holding from 1.252
Kinda wanna exit now but m1 keep giving me false hope hhahaaha
Exhausted
  • #745,325
  • May 12, 2023 5:55am May 12, 2023 5:55am
Quoting Elysion
{quote} I'm still holding from 1.252 Kinda wanna exit now but m1 keep giving me false hope hhahaaha
exactly… being a Friday and crazy shit always takes place on Friday we may see both highs and lows. We haven’t had a break below 125 today nor touching pivot. 1252 is slap bang in the middle. Data in a few hours should help push this trickle rise down. Let’s see
Insane in the Brain..
  • #745,326
  • May 12, 2023 5:59am May 12, 2023 5:59am
7th attempt to break 1.234 in m1 timeframe.
Will this attempt fall short?

Update: Seems like a strong rejection in m1 current bar
Exhausted
  • #745,327
  • May 12, 2023 5:59am May 12, 2023 5:59am
Quoting josi
{quote} the buy-option (counter-trend) has been there for some time... {image}
daily trend is bullish..i saw daily chart just retrace and rejected by mid bb..so for me today is bouncing day..
  • #745,328
  • May 12, 2023 6:02am May 12, 2023 6:02am
cmiiw
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  • #745,329
  • May 12, 2023 6:02am May 12, 2023 6:02am
Quoting Elysion
7th attempt to break 1.234 in m1 timeframe. Will this attempt fall short? Update: Seems like a strong rejection in m1 current bar
it keeps bouncing off a real small range. 12540 not cracking nor is it dropping below 12530 at the moment
Insane in the Brain..
  • #745,330
  • May 12, 2023 6:02am May 12, 2023 6:02am
Quoting voeltoez
{quote} daily trend is bullish..i saw daily chart just retrace and rejected by mid bb..so for me today is bouncing day..
Yeah but H4 looks bearish af. Expecting another leg down before up.
Exhausted
  • #745,331
  • May 12, 2023 6:10am May 12, 2023 6:10am
Quoting SAM1986
{quote} My view is if it crosses 1.2540..it should reach around 1.2565.. Just my view maybe i am wrong. Still learning
Gbpusd looking to recover some losses of yesterday on H1, lets see what happens when US opens, should go up some more in my view. Being a junior member my posts can be delayed a little but thanks to the Moderators All is Well.
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Still Learning
  • #745,332
  • May 12, 2023 6:22am May 12, 2023 6:22am
Take good care of yourselves and your loved ones. Have a good weekend folks!!!

Yours Truly, Mtako
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #745,333
  • May 12, 2023 6:27am May 12, 2023 6:27am
i expect there to be a dump soon since there isn't much of a rally above 1.25
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #745,334
  • May 12, 2023 6:31am May 12, 2023 6:31am
Quoting ForexGoose
i expect there to be a dump soon since there isn't much of a rally above 1.25

Im ready.
Exhausted
  • #745,335
  • May 12, 2023 6:31am May 12, 2023 6:31am
4 times now I've been in the position to close out for a profit and each time I didn't, only for it to turn around and hit my SL
  • #745,336
  • May 12, 2023 6:33am May 12, 2023 6:33am
Closed EJ : 55 pips
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try to regain my losing 50% equity 2 weeks ago
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cheers guys
my loss is your gain
  • #745,337
  • May 12, 2023 6:33am May 12, 2023 6:33am
Not much downward movement on Gu despite USD breakout...
  • #745,338
  • May 12, 2023 6:40am May 12, 2023 6:40am
Quoting Elysion
{quote} Yeah but H4 looks bearish af. Expecting another leg down before up.
okay lets down so i can buy more cable...
every new low..i will open long there
  • #745,339
  • May 12, 2023 6:41am May 12, 2023 6:41am
Quoting MrFanciful
4 times now I've been in the position to close out for a profit and each time I didn't, only for it to turn around and hit my SL

I know the feeling. Sucks to be in range trading.
Exhausted
  • #745,340
  • May 12, 2023 6:42am May 12, 2023 6:42am
Quoting busifx
Not much downward movement on Gu despite USD breakout...
She's not ready yet.
She's still applying her makeup for clubbing tonight.
Exhausted
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