Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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Post #588,181
Quote
Apr 6, 2021 12:06pm Apr 6, 2021 12:06pm

ChiForex
Joined Jan 2019 | Status: Member | 1,046 Posts

Enough playing around...prepare yourself Mr./Mrs. Bulls to become from the past

My technical analysis leading trades depend on Daily/Weekly/Monthly Chart

Post #588,182
Quote
Apr 6, 2021 12:18pm Apr 6, 2021 12:18pm

W0lfram
Joined Dec 2020 | Status: [....] | 1,356 Posts

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HIMARS o'clock

Post #588,183
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Apr 6, 2021 12:21pm Apr 6, 2021 12:21pm

W0lfram
Joined Dec 2020 | Status: [....] | 1,356 Posts

Quoting ChiForex

Disliked

Enough playing around...prepare yourself Mr./Mrs. Bulls to become from the past

Ignored

I want them to remain as a memory

HIMARS o'clock

Post #588,184
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Apr 6, 2021 12:24pm Apr 6, 2021 12:24pm

Logician
| Joined Apr 2019 | Status: Member | 15 Posts

Bad day for bulls...

You can't backtest emotions.

Post #588,185
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Apr 6, 2021 12:24pm Apr 6, 2021 12:24pm

dimitricss
Joined Mar 2017 | Status: american cichlid lover | 1,302 Posts

Quoting dimitricss

Disliked

i took short too at 1.3852 finger cross

Ignored

closed 16 pips... 5 lots.
enough for to day...
see y'all tomorrow...

Trade with prediction = witch with her visions lol

Post #588,186
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Apr 6, 2021 12:28pm Apr 6, 2021 12:28pm

Moty
Joined Dec 2017 | Status: Member | 22,843 Posts

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Post #588,187
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Apr 6, 2021 12:29pm Apr 6, 2021 12:29pm

Ihlas
Joined Nov 2020 | Status: Member | 2,447 Posts | Online Now

Obvious targets for downtown: 1.38200 (destroyed), 1.37700 (on the way), 1.37400 (in the near future), 1.36900 (after the near future)

Post #588,188
Quote
Apr 6, 2021 12:40pm Apr 6, 2021 12:40pm

W0lfram
Joined Dec 2020 | Status: [....] | 1,356 Posts

Quoting W0lfram

Disliked

{image}

Ignored

Actually mini double bottom is not necessary. If it gonna break 1.382 then that rangy area from last Friday becomes res.
Imo

HIMARS o'clock

Post #588,189
Quote
Apr 6, 2021 12:40pm Apr 6, 2021 12:40pm

Forex.z1
| Joined May 2020 | Status: Member | 80 Posts

Quoting mysterio

Disliked

Looks set to drop now

Ignored

Good call, I took you up on that. Looking to TP at 1.38 where I'll be looking to buy.

Post #588,190
Quote
Apr 6, 2021 12:44pm Apr 6, 2021 12:44pm

pipfarm
Joined Oct 2010 | Status: Member | 3,268 Posts

120 lots - 51 k profit so far today, should i take it or wait for more?

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Follow The Markets Structure - Patience and Discipline

Post #588,191
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Apr 6, 2021 12:47pm Apr 6, 2021 12:47pm

Moty
Joined Dec 2017 | Status: Member | 22,843 Posts

don't go for 1.38000
it will stop at 1.38121

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Post #588,192
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Apr 6, 2021 12:50pm Apr 6, 2021 12:50pm

mysterio
Joined Sep 2009 | Status: Member | 5,781 Posts

Quoting Forex.z1

Disliked

{quote} Good call, I took you up on that. Looking to TP at 1.38 where I'll be looking to buy.

Ignored

As usual there's both a bull and bear case. There's a W pattern on daily so this retracement leg was expected, but it suggests then further up after. And we are coming back to test a daily TL. 1.38 makes sense for retracement so I can see the case to look for buys, there's' no way I would throw in a set and forget buy order though

Instinct says another powerful short move coming up though, so that's what i'm expecting. Didn't get the up move on dxy today but it will have a powerful retracement pretty soon. And GBP has further weakness to show I think, looking across other pairs. Looks like it might be a nice daily engulfing candle too.

Well done everyone who caught the bear move today, that was as close to a gimme as you get in forex. Going long at the start of the day would have been madness with all that supply around 1.39 and above. At one point I was thinking of scalping long in the afternoon but really glad I did not.

Just going to watch tomorrow see how it's looking. A break below 1.38 would confirm bearishness

Post #588,193
Quote
Apr 6, 2021 12:50pm Apr 6, 2021 12:50pm

Stonar901
| Joined Jul 2012 | Status: Member | 520 Posts

Quoting pipfarm

Disliked

120 lots - 51 k profit so far today, should i take it or wait for more? {image}

Ignored

Too early to close it because we should retest 1.3880 minimum

Post #588,194
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Apr 6, 2021 12:53pm Apr 6, 2021 12:53pm

pipfarm
Joined Oct 2010 | Status: Member | 3,268 Posts

Quoting Stonar901

Disliked

{quote} Too early to close it because we should retest 1.3880 minimum

Ignored

Someone is not paying attention, the trade is gbpnzd but thanks anyway

Follow The Markets Structure - Patience and Discipline

Post #588,195
Quote
Apr 6, 2021 1:00pm Apr 6, 2021 1:00pm

dashlat
Joined Jul 2007 | Status: ... | 372 Posts

Quoting dashlat

Disliked

I'm looking for a rising correction to go short again, {image}

Ignored

nice correction was

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Post #588,196
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Apr 6, 2021 1:05pm Apr 6, 2021 1:05pm

Bones
Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 22,612 Posts

anything can happen
but did anything actually happen

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#doyourownanalysisordietryin

Post #588,197
Quote
Apr 6, 2021 1:05pm Apr 6, 2021 1:05pm

Moty
Joined Dec 2017 | Status: Member | 22,843 Posts

all out !!!
after all , the day closed pretty good for me
69 $ daily profit

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Post #588,198
Quote
Apr 6, 2021 1:06pm Apr 6, 2021 1:06pm

Sang.Real
| Additional Username | Joined Mar 2020 | 1,607 Posts

Quoting Sang.Real

Disliked

{quote} GU Scalping LONG {image}

Ignored

GU

Stopped out

SL -18,9 pips

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Post #588,199
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Apr 6, 2021 1:11pm Apr 6, 2021 1:11pm

ChiForex
Joined Jan 2019 | Status: Member | 1,046 Posts

Quoting ChiForex

Disliked

Enough playing around...prepare yourself Mr./Mrs. Bulls to become from the past

Ignored

For today, it might hold at 1.3770-80s support

My technical analysis leading trades depend on Daily/Weekly/Monthly Chart

Post #588,200
Quote
Apr 6, 2021 1:13pm Apr 6, 2021 1:13pm

Wavegarrick
Joined Sep 2017 | Status: Active | 3,102 Posts

Quoting Wavegarrick

Disliked

{quote} Could the above scenario be unfolding?. I have Cyclic bullish confirmation signals on EurGbp. {image}I Have possible cyclic bearish hints on GU. I could add more sell trades on pullbacks. {image}Trade safe, Cheers.

Ignored

Have to love it when a plan comes together

. It seems the Euro decoupling from the Pound now. We could see some nice moves going into the week.
EurGbp having a nice run-up, the best I have seen in a while.

Have a great week folks.
Cheers.

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