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Cable Update (GBPUSD)

  • #874,541
  • May 12, 2026 2:36pm May 12, 2026 2:36pm
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yes yes yes
  • #874,542
  • Edited 5:03pm May 12, 2026 3:41pm | Edited 5:03pm
Quoting FloridaFX
{quote} Interesting approach to risk management.
Hi. With corresponding methods we can build good estimates about volatility.. under some circumstances it can act as a proxy for price direction
I would recommend @Georginson posts about it
Air force
  • #874,543
  • May 12, 2026 11:49pm May 12, 2026 11:49pm
There is a long time position BUY target 6500 or open and SL 4480. If the war between America and Iran will stop, so gold will soon exceed 5000. And I think this war will reach a permanent solution in a few days.
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  • #874,544
  • May 13, 2026 1:53am May 13, 2026 1:53am
Quoting Yngwie
Long 1.3510
Close 35p
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #874,545
  • May 13, 2026 2:58am May 13, 2026 2:58am
what's up with this market?
  • #874,546
  • May 13, 2026 3:04am May 13, 2026 3:04am
what's even the point of technical analysis if market itself doesn't respect PA. Specially in the last few days and weeks.
  • #874,547
  • May 13, 2026 3:10am May 13, 2026 3:10am
Quoting Bflyfx
Eu resistance 1.1780
euro could go back to the lows 1.14
big bullish pattern on dollar index
1.1640 is next target for bears.
I only follow traders with IQ above 160
Challenge Tour All Time Return: 516.5%
  • #874,548
  • May 13, 2026 4:31am May 13, 2026 4:31am
Quoting AK.47
what's even the point of technical analysis if market itself doesn't respect PA. Specially in the last few days and weeks.
from time to time nothing works but that is not the rule. Most times things do work, of course depending how or what methods you are using, interpretation is key.
I only follow traders with IQ above 160
Challenge Tour All Time Return: 516.5%
  • #874,549
  • Edited 5:08am May 13, 2026 4:51am | Edited 5:08am
Quoting AK.47
what's even the point of technical analysis if market itself doesn't respect PA. Specially in the last few days and weeks.
It only respects cherry-picked historical 'examples', like in old books.
Market is highly efficient (reflects almost all available information) and follows random walk behavior (Geometric Brownian Motion) -->
No point in candle patterns, harmonics, trendlines, triangles and other drawing fantasies (usually meant by TA)
Air force
  • #874,550
  • May 13, 2026 5:01am May 13, 2026 5:01am
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H. --- next 1.34 80 ...???

  • #874,551
  • May 13, 2026 5:13am May 13, 2026 5:13am
Quoting Bflyfx
{quote} euro could go back to the lows 1.14 big bullish pattern on dollar index 1.1640 is next target for bears.
Pedro sold you my chart

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Air force
  • #874,552
  • May 13, 2026 5:15am May 13, 2026 5:15am
Quoting W0lfram
{quote} Pedro sold you my chart {image}
I don't think he follows idiots
I only follow traders with IQ above 160
Challenge Tour All Time Return: 516.5%
  • #874,553
  • May 13, 2026 5:17am May 13, 2026 5:17am
Quoting Bflyfx
{quote} I don't think he follows idiots
it's other way around
Air force
  • #874,554
  • May 13, 2026 5:44am May 13, 2026 5:44am
Long 1.3505 Sl 1.3495
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #874,555
  • May 13, 2026 5:55am May 13, 2026 5:55am
if look 1h no sell, BTC goes up 1 h this night, gu does the same. 4 h sell only.
  • #874,556
  • May 13, 2026 6:37am May 13, 2026 6:37am
Inserted Video
  • #874,557
  • May 13, 2026 6:40am May 13, 2026 6:40am
Quoting Bflyfx
{quote} from time to time nothing works but that is not the rule. Most times things do work, of course depending how or what methods you are using, interpretation is key.
Appreciate it! This is an admirable mentality and way to look at it.
  • #874,558
  • May 13, 2026 7:03am May 13, 2026 7:03am
Still have GDP data release tomorrow and the Claimant Count next week. Waiting to see how it goes. But overall market structure is starting to look bearish on 4h and the DXY is trying to push through May 5 resistance this week
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  • #874,559
  • May 13, 2026 7:35am May 13, 2026 7:35am
Destination price for EURUSD = 1550.
  • #874,560
  • May 13, 2026 7:53am May 13, 2026 7:53am
GU in a buying zone
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trading is like dancing, don't think and just listen to the music!
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Ahsan