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Cable Update (GBPUSD)

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  • Post #658,061
  • Quote
  • May 5, 2022 7:42am May 5, 2022 7:42am
  •  ScalaFX
  • Joined May 2021 | Status: T and CT Trader | 2,792 Posts | Online Now
Buy buy buy bye bye bye
People don't plan to lose. They lose because they don't plan.
 
1
  • Post #658,062
  • Quote
  • May 5, 2022 7:43am May 5, 2022 7:43am
  •  apin85
  • | Joined Dec 2019 | Status: Member | 101 Posts
Plan long: 1.2385, we'll see

Edit: somewhere in the rainbow between 1.2365 - 1.2385.
Otherwise buay buayyyyy. Huahuahua.
 
1
  • Post #658,063
  • Quote
  • May 5, 2022 7:43am May 5, 2022 7:43am
  •  Georginson
  • Joined Aug 2018 | Status: Veteran | 3,445 Posts
Never underestimate the market... 1.23 area eventually...
Swing and Intraday
 
5
  • Post #658,064
  • Quote
  • May 5, 2022 7:47am May 5, 2022 7:47am
  •  donfriday
  • Joined Jan 2009 | Status: Member | 7,606 Posts
i am expecting a push of from here ...

No sell for me
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I NEVER LOSE/=I EITHER WIN OR LEARN
 
3
  • Post #658,065
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  • Edited 8:07am May 5, 2022 7:49am | Edited 8:07am
  •  GUTrader2002
  • | Joined May 2022 | Status: Member | 8 Posts
was just starting to get confident with GBPUSD and got wrecked. Had my best trading week. Was up 15% on longs then closed loss at 25%. My economics told me BoE wouldn't raise rates so GBPUSD would come down but the chart showed me it would go long and I stuck with my longs, big mistake. Could have been up 40% (. Gonna try riding the short lower now and then cautiously hop on a reversal but only if I see one. Next time I am just going to open equal long and shorts on big news and then whichever way I think market moves (going to close other position at good time)
 
 
  • Post #658,066
  • Quote
  • May 5, 2022 7:51am May 5, 2022 7:51am
  •  mtako
  • Joined Sep 2020 | Status: Member | 5,005 Posts
Quoting mtako
Disliked
8H momentum in trend trigger close, sell limit 2632 SL100
Ignored
Maybe I should reexamine my risk parameters

We are right at the of the craziest of craziest Volatility Wars, the -+1600 pips 2020 Covid. We are now right at the heart of the tornado. Let's see if it can break its low like EURUSD already did..

Quoting mtako
Disliked
{quote} At least give us 1 bloody 1H bear candle ! Bulls just won the biggest 6H move of the year !!!! Even beating the trending favorites at their own game ! Yes, even beating bears FEB 24 and APR 22 wonders! Take that ScalaFX proposition at least, take a rest {image}
Ignored
Bears just won the biggest 6H move of the year !!!!
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If I don't mention SL and TP = longer-term setup possibly in the works!
 
2
  • Post #658,067
  • Quote
  • May 5, 2022 7:52am May 5, 2022 7:52am
  •  fxmasterdxb
  • Joined May 2012 | Status: Senior Member | 2,503 Posts
Safe to long now for me, SL 1.2370
 
3
  • Post #658,068
  • Quote
  • May 5, 2022 7:55am May 5, 2022 7:55am
  •  fontu
  • Joined Mar 2008 | Status: Name real with real own way | 18,724 Posts
Bear continues, next target 2251!
Not understand?never follow my analyses!
 
3
  • Post #658,069
  • Quote
  • May 5, 2022 7:59am May 5, 2022 7:59am
  •  elbert3
  • Joined Dec 2013 | Status: Member | 19,217 Posts
Quoting elbert3
Disliked
If ?? If it’s stays short 2509 is my 61.8 fib and I have 2338 in extension
Ignored
as above ,,the fib numbers have been playing out all last week and this
 
1
  • Post #658,070
  • Quote
  • May 5, 2022 8:03am May 5, 2022 8:03am
  •  Houtbay
  • Joined Nov 2020 | Status: Member | 4,213 Posts
Currently short gold 1898
 
 
  • Post #658,071
  • Quote
  • May 5, 2022 8:03am May 5, 2022 8:03am
  •  fxmasterdxb
  • Joined May 2012 | Status: Senior Member | 2,503 Posts
Quoting fontu
Disliked
Bear continues, next target 2251!
Ignored
The 4hr candle close will give a clue
 
 
  • Post #658,072
  • Quote
  • May 5, 2022 8:04am May 5, 2022 8:04am
  •  elbert3
  • Joined Dec 2013 | Status: Member | 19,217 Posts
watch 2427 now
 
 
  • Post #658,073
  • Quote
  • May 5, 2022 8:07am May 5, 2022 8:07am
  •  Moty
  • Joined Dec 2017 | Status: Member | 22,274 Posts
Quoting Moty
Disliked
{quote} anything is possible today it can drop to 1.23808 and go back up to 1.26000 and above {image}
Ignored
Ok we got 1.238080
Now let's see 1.260000
 
2
  • Post #658,074
  • Quote
  • May 5, 2022 8:08am May 5, 2022 8:08am
  •  ServerUang
  • | Joined May 2007 | Status: Member | 362 Posts
buy gu 1.2395 tp open
buy limit gu 1.2375 tp open

su
 
1
  • Post #658,075
  • Quote
  • May 5, 2022 8:11am May 5, 2022 8:11am
  •  apin85
  • | Joined Dec 2019 | Status: Member | 101 Posts
slowwwwwww..... boriiiiing ....

 
 
  • Post #658,076
  • Quote
  • May 5, 2022 8:12am May 5, 2022 8:12am
  •  elbert3
  • Joined Dec 2013 | Status: Member | 19,217 Posts
Quoting elbert3
Disliked
watch 2427 now
Ignored
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  • Post #658,077
  • Quote
  • May 5, 2022 8:12am May 5, 2022 8:12am
  •  Whale
  • Joined Jun 2013 | Status: Underwater | 8,999 Posts
Quoting Houtbay
Disliked
Currently short gold 1898
Ignored
Me too. Short stop small position.
 
1
  • Post #658,078
  • Quote
  • May 5, 2022 8:13am May 5, 2022 8:13am
  •  Coreg2004
  • Joined Oct 2009 | Status: Member | 2,722 Posts
Quoting Coreg2004
Disliked
{quote} That's the zone...when the market gets there we need to examine the move from 4 to 5 and find 5 fractals if W:5 indeed ended. {image}
Ignored
update...
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Always trade your own plan...I don't provide trading signals.
 
3
  • Post #658,079
  • Quote
  • May 5, 2022 8:20am May 5, 2022 8:20am
  •  stjoeforex
  • | Joined Apr 2020 | Status: Member | 281 Posts
Is this why the "bomb" was dropped? Just saw part of it...
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My Future is so Bright I gotta wear Shades! https://www.youtube.com/watch?v
 
2
  • Post #658,080
  • Quote
  • May 5, 2022 8:21am May 5, 2022 8:21am
  •  elbert3
  • Joined Dec 2013 | Status: Member | 19,217 Posts
could be back to the 2008 crash numbers 2038
 
3
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