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Cable Update (GBPUSD)

  • #518,021
  • Apr 28, 2020 5:00am Apr 28, 2020 5:00am
Quoting Stefan90csk
{quote} Thats the channel I'm talking about. {image}
Now that its blown it away, we have to start thinking outside of the channel and look for possible other channels, H4 is clearer
Attached Image (click to enlarge)
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  • #518,022
  • Apr 28, 2020 5:00am Apr 28, 2020 5:00am
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level 1
  • #518,023
  • Apr 28, 2020 5:03am Apr 28, 2020 5:03am
Attached Image (click to enlarge)
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PA Trading with EMAs & common Sense
  • #518,024
  • Apr 28, 2020 5:05am Apr 28, 2020 5:05am
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yes yes yes
  • #518,025
  • Apr 28, 2020 5:12am Apr 28, 2020 5:12am
THE price after retrace can retest 2507 or 2530
Intraday only.
  • #518,026
  • Apr 28, 2020 5:12am Apr 28, 2020 5:12am
Quoting navk
{quote} see how it turned out. 2400 to 2408 solid support. Now one can expect 2500 and above after retrace.
I think 1.26
Compulsions can be hard to resist
  • #518,027
  • Apr 28, 2020 5:13am Apr 28, 2020 5:13am
Quoting trumps
{quote} I think 1.26
not today
Intraday only.
  • #518,028
  • Apr 28, 2020 5:14am Apr 28, 2020 5:14am
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  • #518,029
  • Apr 28, 2020 5:15am Apr 28, 2020 5:15am
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5 min line now
  • #518,030
  • Apr 28, 2020 5:16am Apr 28, 2020 5:16am
4Hr chart is below with potential obstacles to more upside progress shown.....any more upside to come ? We are still only at 47% of the average 30day range with the 50% extension of yesterday's range and weekly R1 at the current daily hi. No 1hr close above that 61.8% fib yet.
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Trader with an Edge.
  • #518,031
  • Apr 28, 2020 5:23am Apr 28, 2020 5:23am
It’s amazing how many retail traders will go short at the slightest sign of a bearish candle on m5
  • #518,032
  • Apr 28, 2020 5:27am Apr 28, 2020 5:27am
Quoting mkvy
It’s amazing how many retail traders will go short at the slightest sign of a bearish candle on m5
It's simply called scalping
  • #518,033
  • Apr 28, 2020 5:31am Apr 28, 2020 5:31am
Quoting mkvy
It’s amazing how many retail traders will go short at the slightest sign of a bearish candle on m5
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same reason when price is going down bull candle lead to this move .
  • #518,034
  • Apr 28, 2020 5:35am Apr 28, 2020 5:35am
94 short 6 pip stop
  • #518,035
  • Apr 28, 2020 5:43am Apr 28, 2020 5:43am
Quoting elbert3
94 short 6 pip stop
Quickly taken out so the longs still now looking for the top of the line 2535
  • #518,036
  • Apr 28, 2020 5:47am Apr 28, 2020 5:47am
Attached Image (click to enlarge)
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PA Trading with EMAs & common Sense
  • #518,037
  • Apr 28, 2020 5:49am Apr 28, 2020 5:49am
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PA Trading with EMAs & common Sense
  • #518,038
  • Apr 28, 2020 5:52am Apr 28, 2020 5:52am
That’s it
  • #518,039
  • Apr 28, 2020 5:54am Apr 28, 2020 5:54am
Just bearing this in mind for slightly longer term trend. Hurdle at 1.263x first. Rgds, Angus
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  • #518,040
  • Apr 28, 2020 5:59am Apr 28, 2020 5:59am
Quoting navk
THE price after retrace can retest 2507 or 2530
Yes daily R2 , and mayby high of potential right shoulder
Attached Image (click to enlarge)
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yes yes yes
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