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Cable Update (GBPUSD)

  • #826,261
  • May 17, 2024 4:30am May 17, 2024 4:30am
I want to enter a long CHF trade but i F**KING HATE going long CHF. Do you guys have a currency you just hate going long for no valid reason??
  • #826,262
  • May 17, 2024 4:33am May 17, 2024 4:33am
Sl 3 pips
Tp 9 pips
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yes yes yes
  • #826,263
  • May 17, 2024 4:39am May 17, 2024 4:39am
Quoting Waveskierrob
{quote} Terry don't tell everyone, someone has to lose for us to win...
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  • #826,264
  • May 17, 2024 4:45am May 17, 2024 4:45am
Looks like the bulls waking up a bit. Hangover time
Insane in the Brain..
  • #826,265
  • Edited 5:01am May 17, 2024 4:47am | Edited 5:01am
GU and EUR on daily long,its not one day this trend change on daily,it can be go up till 1.27500.I dont know. but daily trend long,no reverse yet.one day for this trend nothing.
i see two level on daily 127600 and 1.28.if it goes directly. if goes with retraces it can be much more.
  • #826,266
  • May 17, 2024 5:00am May 17, 2024 5:00am
Quoting fontu
{quote} May ready at an earliest ! {image}
Fakeout , ok to wait a little , more if trade in the evening it up!
Not doing any as holiday time only check in mobile but suddenly it is dead , as so unreliable mobiles for any serious matter , may to use computer again at home , at least few minutes.
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #826,267
  • May 17, 2024 5:13am May 17, 2024 5:13am
If look H4,long,only retrace down,trend strong.
what i see daily price should go up.on h4 possible retrace,daily can go up.
  • #826,268
  • May 17, 2024 5:33am May 17, 2024 5:33am
Quoting Pat Chiko
{quote} GU Reversal Scalping trades Tricky, but as newbie, i just follow Price Action.{image}
hi , pat
could you tell me do I mark the key level correctly in the picture ?
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  • #826,269
  • May 17, 2024 5:35am May 17, 2024 5:35am
Bears are so weak
  • #826,270
  • May 17, 2024 6:03am May 17, 2024 6:03am
Quoting Jackoboms
Bears are so weak
but then again I don’t think the bulls are much better. We are in a small range area and the bulls as of yet still haven’t managed to get back to yesterdays high
Insane in the Brain..
  • #826,271
  • May 17, 2024 6:15am May 17, 2024 6:15am
Quoting BeeTogether
{quote} but then again I don’t think the bulls are much better. We are in a small range area and the bulls as of yet still haven’t managed to get back to yesterdays high
1.28 bulls go there today or next days,min 1.2760, 1.28 or more next time or together with 1.27600. this is not question strong or not strong.
true h4 overbought,thats why we stay at one place or retrace.
  • #826,272
  • Edited 6:35am May 17, 2024 6:17am | Edited 6:35am
Quoting viktoriaxz
{quote} 1.28 bulls go there today or next days,min 1.2760, 1.28 or more next time or together with 1.27600. this is not question strong or not strong.
Id be surprised if we see 128 today however 127 isn’t out the question

one hour before NYO just some piddly yellow data today so nothing to make the market move much. Off to chill out now
Insane in the Brain..
  • #826,273
  • May 17, 2024 6:38am May 17, 2024 6:38am
Quoting navk
{quote} booked. Not comfortable with long trade. Will look to short only later
the price will test s2 today.

Volatility missing.

No news event today
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Intraday only.
  • #826,274
  • May 17, 2024 6:54am May 17, 2024 6:54am
Quoting navk
{quote} the price will test s2 today. Volatility missing. No news event today {image}
40 pips to go… I’d take it but first S1 needs to crack seems to be a very good support area right now
Insane in the Brain..
  • #826,275
  • May 17, 2024 7:00am May 17, 2024 7:00am
Quoting BeeTogether
{quote} 40 pips to go… I’d take it but first S1 needs to crack seems to be a very good support area right now
it will test s1,s2 today.

There is no volatility.

Wait for NY to open the get some volatility.
Intraday only.
  • #826,276
  • May 17, 2024 7:05am May 17, 2024 7:05am
For us to get well above 1.27, we should be able to grab some liquidity at 1.26250 or lower

The bears will likely go further down, but they aren't showing strength at the moment.
  • #826,277
  • May 17, 2024 7:09am May 17, 2024 7:09am
Die mf
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yes yes yes
  • #826,278
  • May 17, 2024 7:13am May 17, 2024 7:13am
Quoting Moty
Die mf {image}
The market knows you already, the more you ask it to die, the more it resurrects.
  • #826,279
  • May 17, 2024 7:14am May 17, 2024 7:14am
it will be 1.27250 today or on monday.next day 1.27600.about 1.28 maybe maybe not. i looked bottom of gu ,on h4 it was ovesold,it didnt matter it went down very oversold on h4 till 1.22.now the same.
h4 shows 1.27
  • #826,280
  • May 17, 2024 7:15am May 17, 2024 7:15am
Gold
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Read the chart... Fundies are catalyst...
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