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Cable Update (GBPUSD)

  • #746,221
  • May 18, 2023 4:20am May 18, 2023 4:20am
I wonder what the price will do with 1.2430, it looks for me as support.
Trendlines H1,H4, SMC
  • #746,222
  • May 18, 2023 4:23am May 18, 2023 4:23am
Quoting ScalaFX
{quote} Closed all 2507, nice
starting buying this place one more time, risk is we can go to 2380 or more but I dont wonna miss a thing, so first buy 2435 pendings every 10 pip till 2375, this is GU, EU already activeted 0833, 0825, 0815, pendings 0805, 0795, 0785, patience
People don't plan to lose. They lose because they don't plan.
  • #746,223
  • May 18, 2023 4:38am May 18, 2023 4:38am
...price probably just about touched top of that prev 1hr/4hr sw lo zone that extends down to y/day's 2421 lo = prev supp = pot supp. 1st upside hurdle for the bulls - that prev 1hr minor sw lo zone = prev supp = pot sbr...not historically a strong pattern this one...but you never know!

1hr below
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Trader with an Edge.
  • #746,224
  • May 18, 2023 4:40am May 18, 2023 4:40am
Sell limit activated @2443
Trade safe and gudluck
Cheer
my loss is your gain
  • #746,225
  • Edited 5:07am May 18, 2023 4:41am | Edited 5:07am
55 pip locked in for the day. 120 ish floating
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edit:i closed trades nd booked 175 pips and some. no more trading today. im just watching price for today
be a thinker before being a reacter
  • #746,226
  • May 18, 2023 4:52am May 18, 2023 4:52am
Quoting Georginson
Sold 1.2505... target 1.2360... stop 1.2565... I'm leaving to hit either TP or SL...
Exited at 1.2435... +70 pips...
Reason for closure is last months range was 310 pips, and this month so far is 260 pips, which happens to be same price range as at 18th of April.
Data + Stat + Risk/Emotions Management
  • #746,227
  • May 18, 2023 4:58am May 18, 2023 4:58am
12380 still attractive but so is 127. Maybe 12380 first before a move up? Not sure I’m still long hedged b/e at 125
Insane in the Brain..
  • #746,228
  • May 18, 2023 5:00am May 18, 2023 5:00am
1hr hammer close...bulls trying! challenging bottom of that prev 1hr minor sw lo zone now = prev supp = pot sbr

1hr below
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Trader with an Edge.
  • #746,229
  • May 18, 2023 5:15am May 18, 2023 5:15am
wanna add long but maybe later after price can close above 1.2450
  • #746,230
  • May 18, 2023 5:33am May 18, 2023 5:33am
IMO the US Unemployment Claims is going to come higher then expected and there fore GU long will trigger from there on , this is my gut feeling, that is why i am still short + GU is having hard time going below S1
  • #746,231
  • May 18, 2023 5:43am May 18, 2023 5:43am
...below the prev 1hr/4hr sw lo zone that extends to y/day's 2421 lo those prev 1hr/4hr/minor dly sw lo zones that extend 1st to 2364 then 2334, both once tested and held as supp - on the dly t/f. Potential supp probably from circa 2395 to 2344 then.

dly below
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Trader with an Edge.
  • #746,232
  • May 18, 2023 5:53am May 18, 2023 5:53am
GU_15M
Trade Safe.
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Intraday Trading is an Art _ hoda
  • #746,233
  • May 18, 2023 6:01am May 18, 2023 6:01am
Looks as though bulls have given up for now. on H! it finish below S1
  • #746,234
  • May 18, 2023 6:03am May 18, 2023 6:03am
Quoting Fix-it
Looks as though bulls have given up for now. on H! it finish below S1

yup.. significant drop today.. let’s see if the data in a bit will help regain some lost areas
Insane in the Brain..
  • #746,235
  • May 18, 2023 6:04am May 18, 2023 6:04am
large block order appeared on the bid just before 10am on futures

expect a big spike down in NY session
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  • #746,236
  • May 18, 2023 6:23am May 18, 2023 6:23am
Quoting mysterio
large block order appeared on the bid just before 10am on futures expect a big spike down in NY session {image}
Its very interesting info, do you mind tell me as to were you find this information please. thank you in advance.
  • #746,237
  • May 18, 2023 6:28am May 18, 2023 6:28am
Quoting Fix-it
{quote} Its very interesting info, do you mind tell me as to were you find this information please. thank you in advance.

He appears to be offline, he has a data subscription.
  • #746,238
  • May 18, 2023 6:31am May 18, 2023 6:31am
Quoting dantpm
{quote} He appears to be offline, he has a data subscription.
Thank you for your help.
  • #746,239
  • May 18, 2023 6:34am May 18, 2023 6:34am
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  • #746,240
  • May 18, 2023 6:36am May 18, 2023 6:36am
atm buy for loss
Attached Image (click to enlarge)
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