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Cable Update (GBPUSD)

  • #859,521
  • May 13, 2025 12:55am May 13, 2025 12:55am
Quoting ScalaFX
Started longs 3170, will add till 3100 for now target 3500
protected before data, if sl hit will reentry lower
People don't plan to lose. They lose because they don't plan.
  • #859,522
  • May 13, 2025 1:03am May 13, 2025 1:03am
Remember this chart from yesterday? That right shoulder is formed and not broken. Be very cautious selling. If it doesn't break that shoulder price can fly back up.
Attached Image (click to enlarge)
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  • #859,523
  • May 13, 2025 1:15am May 13, 2025 1:15am
Gone long on UJ at 14791 after the mixed data we could see another attempt to break above mid 148XX
Insane in the Brain..
  • #859,524
  • May 13, 2025 1:42am May 13, 2025 1:42am
Quoting MoneyPrinte
{quote} LetsS see later {image}
Are gbp bearish mode today?
Attached Image (click to enlarge)
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https://x.com/moneyprinte
  • #859,525
  • Edited 2:01am May 13, 2025 1:46am | Edited 2:01am
GBPUSD UPDATE
The 4 hour trend is still downward but Intraday sentiment is ranging/mixed. Pullback to 1.3227/1.3237 would have made the Intraday Sentiment clearer.

I will be watching to see a pullback touch of 1.3227 for higher probability Sell or use the current daily high to look for Buy/Sell inside the current range.

Attached Image (click to enlarge)
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My 15min. chart here..
Market Structure is the King.....
  • #859,526
  • May 13, 2025 2:03am May 13, 2025 2:03am
Quoting MoneyPrinte
{quote} Are gbp bearish mode today? {image}
Still ranging here using pure technicals.

It calls for great caution.
Market Structure is the King.....
  • #859,527
  • May 13, 2025 2:06am May 13, 2025 2:06am
Quoting ScalaFX
{quote} protected before data, if sl hit will reentry lower
closed, I will buy much lower I think
People don't plan to lose. They lose because they don't plan.
  • #859,528
  • May 13, 2025 2:28am May 13, 2025 2:28am
Still bounce and adamant , testing previous high , then better up for c wave before failing if !
Now failure level 3190 and hold !
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #859,529
  • May 13, 2025 2:39am May 13, 2025 2:39am
Quoting Abeylyn
{quote} Still ranging here using pure technicals. It calls for great caution.
Agreed...let see later..
https://x.com/moneyprinte
  • #859,530
  • May 13, 2025 2:50am May 13, 2025 2:50am
Long 3210. TP 3265. I will scratch this trade if this houe doesnt close above 3206. If it closes above and later goes below it I'll hold till end of day.
  • #859,531
  • May 13, 2025 2:59am May 13, 2025 2:59am
Quoting Yngwie
Sold 1.3190 SL 1.3220
add short 1.3209
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #859,532
  • Edited 5:39am May 13, 2025 3:00am | Edited 5:39am
3215 is my level of interest, breaking it validates my LONG view of the current market.
MARKET ABHORS LAZINESS,DOING MY HOMEWORK ....
  • #859,533
  • May 13, 2025 3:47am May 13, 2025 3:47am
Quoting Yngwie
{quote} add short 1.3209
Closed zero pip
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #859,534
  • May 13, 2025 4:01am May 13, 2025 4:01am
Low risk short 1.3211 SL 1.3221
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #859,535
  • May 13, 2025 4:31am May 13, 2025 4:31am
Quoting birdland
clearly a long day today. since many MM were surprised by the crash yesterday, they have to pull the prices back to the starting point at 1.3280. {image}

+20, finishing before noon is always a priority. and besides, CPI numbers are coming in 3 hours.
Attached Image (click to enlarge)
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trading is like dancing, don't think and just listen to the music!
  • #859,536
  • May 13, 2025 4:33am May 13, 2025 4:33am
Quoting Abeylyn
GBPUSD UPDATE The 4 hour trend is still downward but Intraday sentiment is ranging/mixed. Pullback to 1.3227/1.3237 would have made the Intraday Sentiment clearer. I will be watching to see a pullback touch of 1.3227 for higher probability Sell or use the current daily high to look for Buy/Sell inside the current range. {image} My 15min. chart here..
My 1st objective is to Sell. It's fine that price has pulled back close to 1.3227...

Watching out for Price Reaction to the downside...
Market Structure is the King.....
  • #859,537
  • May 13, 2025 4:35am May 13, 2025 4:35am
Quoting Yngwie
Low risk short 1.3211 SL 1.3221
closed -7p
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #859,538
  • May 13, 2025 4:38am May 13, 2025 4:38am
Quoting birdland
{quote} +20, finishing before noon is always a priority. and besides, CPI numbers are coming in 3 hours. {image}
Nice to see u watching out the steps of MM...

I need them to execute my short otherwise ignore.
Market Structure is the King.....
  • #859,539
  • May 13, 2025 4:42am May 13, 2025 4:42am
4hr Buy validation of 1.31960 smells bad for sellers bulls now have a long eye at 1.328ish.
Keep the Lights on then you can catch the rise from the dark.
  • #859,540
  • May 13, 2025 5:11am May 13, 2025 5:11am
Sold 1.3209 SL 1.3220
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
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