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Cable Update (GBPUSD)

  • #874,881
  • May 28, 2026 7:02am May 28, 2026 7:02am
Quoting Gbpusdfreakk
{quote} Do not rush to enter that long just because there is an unfilled FVG at 1.3600 / the trade should have more indication than just a FVG to reach the level that you are looking for. The market now doesn't favor a long entry so my suggestion is to be patient, however, this is not a financial advice just my opinion on the market and you can choose as you please ! Im still short and my 1TP is at 1.3351 and 2nd TP at 1.3300 which is more likely to be hit the way the market is moving. Best of Luck to everyone !
How many pips are you willing to risk to determine if GU reverses and reaches your TP2 at 1.3300?
Always trade your own plan...I don't provide trading signals.
  • #874,882
  • May 28, 2026 7:08am May 28, 2026 7:08am
Quoting Guy1969
GOLDH4. Anything lower than this is out of range. {image}
bro why do you keep posting about gold on GU's thread?
  • #874,883
  • May 28, 2026 7:09am May 28, 2026 7:09am
Quoting Coreg2004
{quote} How many pips are you willing to risk to determine if GU reverses and reaches your TP2 at 1.3300?
It depends on the structure of the market , the way the market is going right now I don't like it at all. However, to answer your question as I mentioned im currently in a short TP1 at 1.3351 , if TP1 is hit and we see trend continuation I'll just put my SL on breakeven and let it ride. I do as I see fit, but right now im not liking the market at all that's just my idea. I wish you the best of luck !



Remember everyone This is not financial Advice !
  • #874,884
  • May 28, 2026 7:20am May 28, 2026 7:20am
Quoting Gbpusdfreakk
{quote} Do not rush to enter that long just because there is an unfilled FVG at 1.3600 / the trade should have more indication than just a FVG to reach the level that you are looking for. The market now doesn't favor a long entry so my suggestion is to be patient, however, this is not a financial advice just my opinion on the market and you can choose as you please ! Im still short and my 1TP is at 1.3351 and 2nd TP at 1.3300 which is more likely to be hit the way the market is moving. Best of Luck to everyone !
Check out the buyer momentum on May 18th. This isn't the common FVG setup; it's my own version, or you could say it’s a price debt that needs to be filled. Let's just see how it plays out.
  • #874,885
  • May 28, 2026 7:30am May 28, 2026 7:30am
Quoting Lamania
{quote} Check out the buyer momentum on May 18th. This isn't the common FVG setup; it's my own version, or you could say it’s a price debt that needs to be filled. Let's just see how it plays out.
I agree with you on the buyer momentum on May 18th, but wouldn't it be better to wait a little as we can see price is retracing back to that level 1.3300, and see if it will hold. If price gets rejected and 1.3300 holds, then we can see for opportunities to enter the market and target the FVG that you mentioned. I truly like the way you think, and of course everyone has their own say and their own version of how they trade, as they should as people should trade what's comfortable for them because at the end of the day psychology is the biggest factor in trading in my opinion. Without that being said, let's see how this goes. I wish everyone reading this the best of luck !
  • #874,886
  • May 28, 2026 7:40am May 28, 2026 7:40am
I am Selling GU any moment from here 1.3420.

Good luck.
Market Structure is the King.....
  • #874,887
  • May 28, 2026 7:48am May 28, 2026 7:48am
wow holy volume , news weakened bears so much ,that why bears werent appearing , ill be waiting ny open for bearish confirmation ,
if not im done for today , i still feel comfortable to sell ,there is so much left behind ,lets see how it goes , if not im done for today , and onto tomorrow
asia session was so clean today
  • #874,888
  • May 28, 2026 7:49am May 28, 2026 7:49am
Quoting Gbpusdfreakk
{quote} I agree with you on the buyer momentum on May 18th, but wouldn't it be better to wait a little as we can see price is retracing back to that level 1.3300, and see if it will hold. If price gets rejected and 1.3300 holds, then we can see for opportunities to enter the market and target the FVG that you mentioned. I truly like the way you think, and of course everyone has their own say and their own version of how they trade, as they should as people should trade what's comfortable for them because at the end of the day psychology is the biggest...
Good point on the 1.3300 level. Safe trading is all about patience and finding what works for your own psychology
  • #874,889
  • May 28, 2026 7:52am May 28, 2026 7:52am
Quoting Abeylyn
I am Selling GU any moment from here 1.3420. Good luck.
Bulls are failing to break the 1.3420 zone for now and it looks like that point stopped their momentum. Im really monitoring the chart carefully to see if it will break through those resistance levels and continue bullish or just fail to break through and just continue to reach those levels on the downside. Gotta wait and see. Im still short on GU.
  • #874,890
  • May 28, 2026 8:09am May 28, 2026 8:09am
Long. @ 1.34 SL 30 Pips.
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  • #874,891
  • May 28, 2026 8:10am May 28, 2026 8:10am
Quoting Bflyfx
cable and euro should take out the lows
despite market is toying with me this is still a short both eu and gu
I only follow traders with IQ above 160
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  • #874,892
  • May 28, 2026 8:13am May 28, 2026 8:13am
Quoting Bflyfx
{quote} despite market is toying with me this is still a short both eu and gu
I have entered short at 1.3409 with a 0.7 lot . Currently still holding this short trade as I truly believe that the price will go down first to 1.3351 and then if we break that we can still continue the momentum to 1.3300. Good Luck Everyone !
  • #874,893
  • May 28, 2026 8:14am May 28, 2026 8:14am
Quoting Gbpusdfreakk
{quote} I have entered short at 1.3409 with a 0.7 lot . Currently still holding this short trade as I truly believe that the price will go down first to 1.3351 and then if we break that we can still continue the momentum to 1.3300. Good Luck Everyone !
this is perfect , a drop to 1,336 after ny open would be perfect and then the price decides whether to bull run or not
  • #874,894
  • May 28, 2026 8:21am May 28, 2026 8:21am
Quoting Gbpusdfreakk
{quote} I have entered short at 1.3409 with a 0.7 lot . Currently still holding this short trade as I truly believe that the price will go down first to 1.3351 and then if we break that we can still continue the momentum to 1.3300. Good Luck Everyone !
I think you should definitely stick to it even longer term.
I only follow traders with IQ above 160
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  • #874,895
  • May 28, 2026 8:38am May 28, 2026 8:38am
Quoting Bflyfx
{quote} I think you should definitely stick to it even longer term.
I will definitely hold it longer if the price breaks the 1.3300 level but that's to see if price drops as of now its just stuck at 1.3420, currently waiting on a big rejection from this level and continuation of downtrend.
  • #874,896
  • May 28, 2026 8:41am May 28, 2026 8:41am
Quoting Juriforex
{quote} this is perfect , a drop to 1,336 after ny open would be perfect and then the price decides whether to bull run or not
It definitely looks good, but even with perfect setups the market can do the unexpected. Let's wait and see what the price does. Good Luck to everyone ! Stay consistent, stick to your rules and remember PSYCHOLOGY IS KEY !
  • #874,897
  • May 28, 2026 8:48am May 28, 2026 8:48am
Quoting Juriforex
wow holy volume , news weakened bears so much ,that why bears werent appearing , ill be waiting ny open for bearish confirmation , if not im done for today , i still feel comfortable to sell ,there is so much left behind ,lets see how it goes , if not im done for today , and onto tomorrow asia session was so clean today
Exactly what I said hahaha. Keep your eyes close to 1.3430 - 1.3420 for a bearish confirmation so you can take an opportunity to go short. If not there is no confirmation then no need to enter a trade take the day off and enjoy it because if you force that trade it will go south !! Keep up the good work !
  • #874,898
  • May 28, 2026 9:31am May 28, 2026 9:31am
Quoting Gbpusdfreakk
{quote} Exactly what I said hahaha. Keep your eyes close to 1.3430 - 1.3420 for a bearish confirmation so you can take an opportunity to go short. If not there is no confirmation then no need to enter a trade take the day off and enjoy it because if you force that trade it will go south !! Keep up the good work !
still up for shorts? I see the 1.346 as SL
  • #874,899
  • May 28, 2026 9:39am May 28, 2026 9:39am
Quoting AK.47
{quote} still up for shorts? I see the 1.346 as SL
Im still short on the trade I entered at 1.3409 with SL at exactly 1.346 and 1TP 1.3 for a 1:1 RR. I am still holding my trade on short. If price breaks 1.3460 I might start looking for long entries to target 1.3510 but we have to wait and see.
  • #874,900
  • May 28, 2026 9:40am May 28, 2026 9:40am
sell sell
I only follow traders with IQ above 160
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