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Cable Update (GBPUSD)

  • #476,301
  • Apr 17, 2019 7:01am Apr 17, 2019 7:01am
I am waiting
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  • #476,302
  • Apr 17, 2019 7:09am Apr 17, 2019 7:09am
Quoting Moty
{quote} This is the new shake and bake trick from the crooks. First the false break without right shoulder, then a false drop , then a second consecutive h&s. Nice work , but they can't fool me {image} {image}
Thank you for your answer, excuse me I am beginner and I can not understand your professional words!
so, you mean that next move is 1.30882?
  • #476,303
  • Apr 17, 2019 7:17am Apr 17, 2019 7:17am
Good observation. Patience is likely to pay off there, mate.

KP

Quoting Moty
{quote} This is the new shake and bake trick from the crooks. First the false break without right shoulder, then a false drop , then a second consecutive h&s. Nice work , but they can't fool me {image} {image}
Do your homework, follow the footprints of smart money
  • #476,304
  • Apr 17, 2019 7:24am Apr 17, 2019 7:24am
Daily looks to be on a slide south.
Diamond type formation on the weekly smells of a 1.24 target area.
Come with me if you want to live....
  • #476,305
  • Apr 17, 2019 7:28am Apr 17, 2019 7:28am
Quoting essei
{quote} Thank you for your answer, excuse me I am beginner and I can not understand your professional words! so, you mean that next move is 1.30882?
Yes .
The main thing here is the pull back.
The market love to pull back to important area.
1.30800-900 is that area , becouse it was the neck line of h&s that was broken on Monday.
Now , the big player/ big banks / big boys / big money/ smart money/ crooks , don't want everyone to take that position with them .
They want opposite trading power against them , so they can get a good price for all their position , that is very very big.
So they shake you from long that you was in , and then bake you on the short that you entered.
Shake and bake my friend
yes yes yes
  • #476,306
  • Apr 17, 2019 7:43am Apr 17, 2019 7:43am
Hi All, too nice a day to be watching this my stop loss is at 1.3084 it will either take me out or else I'll reach my target of 1.28610. Taking dog a walk now. Good luck all.

1.28610
Don't trade what you think. Just what you see!!!
  • #476,307
  • Apr 17, 2019 7:55am Apr 17, 2019 7:55am
Quoting Moty
{quote} Yes . The main thing here is the pull back. The market love to pull back to important area. 1.30800-900 is that area , becouse it was the neck line of h&s that was broken on Monday. Now , the big player/ big banks / big boys / big money/ smart money/ crooks , don't want everyone to take that position with them . They want opposite trading power against them , so they can get a good price for all their position , that is very very big. So they shake you from long that you was in , and then bake you on the short that you entered. Shake and...
Thank you for your comperhensive and useful answer.
  • #476,308
  • Apr 17, 2019 7:59am Apr 17, 2019 7:59am
My scenario still short. Its hit a level that everyone want to buy at.

Attached Image (click to enlarge)
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Longterm Short. Till we hit the 1.298mark then we can see what happens but my targets are 1.28200 Like a said in the beginning of the month on the forum we should reach 1.28200 at the end of this month April
  • #476,309
  • Apr 17, 2019 8:00am Apr 17, 2019 8:00am
Quite a while. Where have you been, mate? Talking about GU, the sideways operation can trick the unwary.

KP

Quoting Ill-b-back
Daily looks to be on a slide south. Diamond type formation on the weekly smells of a 1.24 target area.
Do your homework, follow the footprints of smart money
  • #476,310
  • Apr 17, 2019 8:07am Apr 17, 2019 8:07am
Attached Image (click to enlarge)
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yes yes yes
  • #476,311
  • Apr 17, 2019 8:43am Apr 17, 2019 8:43am
yellow line projecting move, pattern showing reversal. liking 1.2990 and going to wait until then
Attached Image (click to enlarge)
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  • #476,312
  • Apr 17, 2019 8:45am Apr 17, 2019 8:45am
Quoting Henry2501
My scenario still short. Its hit a level that everyone want to buy at. {image} Longterm Short. Till we hit the 1.298mark then we can see what happens but my targets are 1.28200 Like a said in the beginning of the month on the forum we should reach 1.28200 at the end of this month April
Second your view.
Meditate -> Workout -> Good Food = Good Life!
  • #476,313
  • Apr 17, 2019 8:50am Apr 17, 2019 8:50am
New York session beginning got what they wanted, that sweet bounce off the "S/R Strike zones". I'll join bulls for a very short time at 1.30432 . Let's hope we will find after this bounce some quality shorts
I make perfect trades. But terribly manage it
  • #476,314
  • Apr 17, 2019 9:21am Apr 17, 2019 9:21am
Bulls are really giving the bears a run for their money here. Turning out to be an interesting battle.
Bulls be careful-- if this 1.304 level fails there is no return she will plummet.

But does look like the bulls want to push back to 1.3067 area.
Popcorn in hand and watching....mmmmmmm crunch crunch

@Moty you might still get your TP taken out there at 1.309 area.
  • #476,315
  • Apr 17, 2019 9:56am Apr 17, 2019 9:56am
I am still in
The power of the pull back it's like the power the lord of the ring , price is drawn to him
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yes yes yes
  • #476,316
  • Apr 17, 2019 10:12am Apr 17, 2019 10:12am
Looking for 1.2988 area.. we could see a sharp drop coming.
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  • #476,317
  • Apr 17, 2019 10:14am Apr 17, 2019 10:14am
Well Well Well 2 pinbars on monthly she will go up to 1.38 I will go up with her. Any pullback is good for Buy
  • #476,318
  • Apr 17, 2019 10:30am Apr 17, 2019 10:30am
Quoting Moty
I am still in The power of the pull back it's like the power the lord of the ring , price is drawn to him {image}
I have same opinion like you, Buy at 1,30360, SL 1,30, TP - 1,31144
Good Luck to All
  • #476,319
  • Edited 11:43am Apr 17, 2019 11:33am | Edited 11:43am
15m , can you smell what is cooking ?
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yes yes yes
  • #476,320
  • Apr 17, 2019 11:43am Apr 17, 2019 11:43am
Hello Moty- I can see divergencies on oscillators on multiple timeframes. I'm going to stick with my original plan as I think they may work themselves out. Stop loss at 1.3084 look for TP of 1.28610. up a few pips at moment, but got to stick to my plan

Good Luck
Don't trade what you think. Just what you see!!!
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