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Cable Update (GBPUSD)

  • #517,181
  • Apr 21, 2020 6:48am Apr 21, 2020 6:48am
Quoting joesherwood
{quote} analysis for this? i belie its going to go down too, what makes you think another 70/80 pips rather play with this trend than play against it, too risky for me for quick buys rn
Analysis of what? Monthly, daily or 5 minutes trend? I play different trends. Buying quickly at 1.2318 and selling at 1.2340 was a short one minute trend. Thanks to that I gained 40 pips. My sales analysis up to 1.2240 is based on H4. Next I will see how the market will react and what signals it will show. Risk is always in this game. It is important whether you can quickly get out of a loss position and accept it or rather you pray that it will go your way. That's all that matters
  • #517,182
  • Apr 21, 2020 6:48am Apr 21, 2020 6:48am
Quoting Moty
{image}

agree, think its gonna go lower
  • #517,183
  • Apr 21, 2020 6:59am Apr 21, 2020 6:59am
its good that gu will do bottom i can buy it for daily trend
  • #517,184
  • Apr 21, 2020 7:18am Apr 21, 2020 7:18am
going in for two more shorts at 1.23 tp 1.2292, will be my last trades of the day
  • #517,185
  • Apr 21, 2020 7:25am Apr 21, 2020 7:25am
Quoting joesherwood
going in for two more shorts at 1.23 tp 1.2292, will be my last trades of the day
TP hit x2, +16, up 9.2% for the day, calling it there getting off charts now, will be back tonight on forum

trade safe and stay safe
Joe
  • #517,186
  • Apr 21, 2020 7:26am Apr 21, 2020 7:26am
long to daily s3 and s2
Attached Image (click to enlarge)
Click to Enlarge Name: guh1.png Size: 40 KB
yes yes yes
  • #517,187
  • Apr 21, 2020 7:33am Apr 21, 2020 7:33am
Quoting corongumet
{quote} 1.2405 clear, 1.2380 clear, low of las week was broken. Its my perspective, please dont follow me. I will longterm from now and out from this forum.
corongumet, you are doing awesome bc you trade your plan...congrats...stick with us, trade your plan and share your trades/setups.
Attached Image (click to enlarge)
Click to Enlarge Name: GU04.21.1H.png Size: 99 KB
Always trade your own plan...I don't provide trading signals.
  • #517,188
  • Apr 21, 2020 7:37am Apr 21, 2020 7:37am
Quoting Coreg2004
{quote} corongumet, you are doing awesome bc you trade your plan...congrats...stick with us, trade your plan and share your trades/setups. {image}
Thanks i learn about it because of you. Your charting is my target and i think if looking daily candle is bearish 1.2164 it zone for correction.
  • #517,189
  • Apr 21, 2020 7:49am Apr 21, 2020 7:49am
never trade against daily candle direction.

We never know where retrace could start. Once profit is made on daily candle direction, just be off from trading.
Intraday only.
  • #517,190
  • Apr 21, 2020 7:49am Apr 21, 2020 7:49am
2255 next put a buy on there and to on this short just in case spikes to to it
  • #517,191
  • Apr 21, 2020 7:50am Apr 21, 2020 7:50am
Quoting navk
never trade against daily candle direction. We never know where retrace could start. Once profit is made on daily candle direction, just be off from trading.
like watch movies..?
just for a cup of coffee...
  • #517,192
  • Apr 21, 2020 7:55am Apr 21, 2020 7:55am
Quoting akim0895
{quote} like watch movies..?
why not? Or just sleep.

If you watch movies, you can not stop poking your eyes into chart.

a..ha..
Intraday only.
  • #517,193
  • Apr 21, 2020 7:57am Apr 21, 2020 7:57am
Quoting navk
{quote} why not? Or just sleep. If you watch movies, you can not stop poking your eyes into chart. a..ha..
no need to watch chart bud..
my position at the moon..
nothing to worry about
just for a cup of coffee...
  • #517,194
  • Apr 21, 2020 7:59am Apr 21, 2020 7:59am
Quoting akim0895
{quote} no need to watch chart bud.. my position at the moon.. nothing to worry about
I said, counter trend.

If you trade against daily candle direction, you can be out of moon too.

Intraday only.
  • #517,195
  • Apr 21, 2020 7:59am Apr 21, 2020 7:59am
You know Gu does bottom during-1-2 days where is bottom i dont know-1.22-1.21,after it goes up.because see chart
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 198 KB
  • #517,196
  • Apr 21, 2020 8:00am Apr 21, 2020 8:00am
I think oil found supports around that 12 dollar and it just finished a retrace .??? I think so let’s see if GU impacts
  • #517,197
  • Apr 21, 2020 8:08am Apr 21, 2020 8:08am
Quoting elbert3
I think oil found supports around that 12 dollar and it just finished a retrace .??? I think so let’s see if GU impacts
Oil trade is broken. noone thought negative price would be possible. it may happen again in June contract. this is going to be a big problem when funds blowup.
https://www.forexlive.com/news/!/her...r-oil-20200421
  • #517,198
  • Apr 21, 2020 8:10am Apr 21, 2020 8:10am
Quoting Coreg2004
{quote} corongumet, you are doing awesome bc you trade your plan...congrats...stick with us, trade your plan and share your trades/setups. {image}
nice chart as always
  • #517,199
  • Apr 21, 2020 8:13am Apr 21, 2020 8:13am
Watch EURUSD collpase shortly below 0812 Daily minor trend reversed
Follow The Markets Structure - Patience and Discipline
  • #517,200
  • Apr 21, 2020 8:28am Apr 21, 2020 8:28am
Quoting shahab8b
{quote} Oil trade is broken. noone thought negative price would be possible. it may happen again in June contract. this is going to be a big problem when funds blowup. https://www.forexlive.com/news/!/her...r-oil-20200421
Interesting thanks for that
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