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Cable Update (GBPUSD)

  • #516,141
  • Apr 10, 2020 1:49pm Apr 10, 2020 1:49pm
Quoting elbert3
{quote} As above slowly down . 2462 soon watch for buys
Hit the buy button 1 pip off but in at 64
  • #516,142
  • Apr 10, 2020 2:06pm Apr 10, 2020 2:06pm
46 pips drop from ressistence
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yes yes yes
  • #516,143
  • Apr 10, 2020 2:23pm Apr 10, 2020 2:23pm
M5

TP for both my Shorts was hitted
+8 and +18

atb vvm
PA Trading with EMAs & common Sense
  • #516,144
  • Apr 11, 2020 2:14am Apr 11, 2020 2:14am
Huge volume over the crisis period and on other pairs too....
Probably all pairs

For next week, 50 ema comes in @ 2514...but also looks like were hitting some strong resistance @ 2487
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Don't Leave Money on the Table
  • #516,145
  • Apr 11, 2020 2:39am Apr 11, 2020 2:39am
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Don't Leave Money on the Table
  • #516,146
  • Apr 11, 2020 10:47am Apr 11, 2020 10:47am
Don't be so bashful, its quite ready to blow it up to the top side...https://cdn.discordapp.com/attachmen...7232/dbb60.jpg
  • #516,147
  • Apr 11, 2020 11:02am Apr 11, 2020 11:02am
clearly accumulation long, buy the dips...
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  • #516,148
  • Apr 11, 2020 3:03pm Apr 11, 2020 3:03pm
Quoting rmrf
Don't be so bashful, its quite ready to blow it up to the top side...https://cdn.discordapp.com/attachmen...7232/dbb60.jpg
Yeah it looks that way to me but being cautious here as I don't want someone inexperienced to lose money on my ideas and anything can happen on opening next week sending Cable down 100, 200 or 300 pips...
'Confirmation bias' is known phenomenon that causes people to make rash or devastating decisions to their wellbeing, financial or otherwise. I see it all the time here when traders put on trades that are counter to what's happening and won't stop themselves......Yes in 500 pips time it'll turn around and head your way, hope you hedged that trade????
Don't Leave Money on the Table
  • #516,149
  • Apr 11, 2020 3:17pm Apr 11, 2020 3:17pm
2450-2500 topping zone...back towards 2200. Mental SL above 2500, perfect risk to profit ratio.
Everyone can see the chart, but only a few can actually read it.
  • #516,150
  • Apr 11, 2020 4:11pm Apr 11, 2020 4:11pm
GBP/USD closed the week below resistance 1.2475, showing the possibility of further bearish. Sell signal is breaking through the 1.2440(MA55 1H) with targets in the area of 1.2360-70(MA150,250 H1) and at the 1.22320(0.5Fib) level. The further decline below 1.2320 may be a signal to further falling to 1.2180 and below, as part of the Double Top formation. If the further impulse is bullish, then the level of 1.2475 should be broken, with the next target at 1.2530 (0.618Fib, MA250 4H), and then at 1.2830.

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#Anthonywins
  • #516,151
  • Apr 11, 2020 4:59pm Apr 11, 2020 4:59pm
Three line strike candle on H1.
  • #516,152
  • Edited 6:27pm Apr 11, 2020 6:07pm | Edited 6:27pm
Quoting b_hand
Three line strike candle on H1.
G'day b_hand, can you post a chart of it, not sure what you mean as doesn't look like the classic 3 line strike?
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Don't Leave Money on the Table
  • #516,153
  • Apr 12, 2020 12:06am Apr 12, 2020 12:06am
Quoting HaLBot
{quote} G'day b_hand, can you post a chart of it, not sure what you mean as doesn't look like the classic 3 line strike? {image}
Sorry mate Im wrong not In GU but the other pairs. Hehehehe
  • #516,154
  • Apr 12, 2020 12:42am Apr 12, 2020 12:42am
If we see H4 we can get the pullback at 237xx and then up and up.
If we see daily really thats bullish.
  • #516,155
  • Apr 12, 2020 2:53am Apr 12, 2020 2:53am
Happy Easter traders
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  • #516,156
  • Apr 12, 2020 3:09am Apr 12, 2020 3:09am
Quoting b_hand
If we see H4 we can get the pullback at 237xx and then up and up. If we see daily really thats bullish.
Im with you bro... I agree with your opinion
  • #516,157
  • Apr 12, 2020 4:19am Apr 12, 2020 4:19am
GBPUSD is looking bullish but it needs to show us proper signs. Here is my trading plan for GBPUSD.

Inserted Video
Technical Analyst & Trader @ Vikinsa
  • #516,158
  • Apr 12, 2020 5:48am Apr 12, 2020 5:48am
Quoting vikinsa
GBPUSD is looking bullish but it needs to show us proper signs. Here is my trading plan for GBPUSD. https://youtu.be/38tXZM_1sIo
Thanks vikinsa, great analysis
Don't Leave Money on the Table
  • #516,159
  • Apr 12, 2020 6:50am Apr 12, 2020 6:50am
Quoting Vincent1
Happy Easter traders {image}
Nice one.

In spite of the pandemic, we have seen and celebrated this year's Easter. We shall celebrate countless Easters ahead in good health, sound mind and under God's watchful eyes in Jesus Name
  • #516,160
  • Apr 12, 2020 7:04am Apr 12, 2020 7:04am
Quoting HaLBot
{quote} Thanks vikinsa, great analysis
Thanks for your kind words. I am glad it was useful.
Technical Analyst & Trader @ Vikinsa
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