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Cable Update (GBPUSD)

  • #588,681
  • Apr 8, 2021 11:05pm Apr 8, 2021 11:05pm
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We cut the winners short and let the losers run.
  • #588,682
  • Apr 8, 2021 11:12pm Apr 8, 2021 11:12pm
we should go little near 1.3670=90 to for wave five withing london openings before going upwards
  • #588,683
  • Apr 8, 2021 11:12pm Apr 8, 2021 11:12pm
Quoting Liza J
Could this be the very moment when everyone go short, then the market hit all stops and go up! Ahem... my instinct told me to buy...so I'll buy it.
50/50.. could go either way, now at c point from abcd pattern
Peace Yo!
  • #588,684
  • Apr 8, 2021 11:15pm Apr 8, 2021 11:15pm
All the way up!!! No other way
  • #588,685
  • Apr 8, 2021 11:17pm Apr 8, 2021 11:17pm
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yes yes yes
  • #588,686
  • Apr 8, 2021 11:21pm Apr 8, 2021 11:21pm
Quoting Ihlas
All the way up!!! No other way
haha Good luck
Do more of what works and less of what doesn't
  • #588,687
  • Apr 8, 2021 11:24pm Apr 8, 2021 11:24pm
Quoting KingLi
{quote} haha Good luck

haha Thank you!
  • #588,688
  • Apr 8, 2021 11:29pm Apr 8, 2021 11:29pm
Quoting Ihlas
All the way up!!! No other way
this is the other way
get out before it will be too late
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yes yes yes
  • #588,689
  • Apr 8, 2021 11:31pm Apr 8, 2021 11:31pm
long!
  • #588,690
  • Apr 8, 2021 11:31pm Apr 8, 2021 11:31pm
Quoting Moty
{quote} this is the other way get out before it is be too late {image}
the major at 1.3600 area , where H4 TL form we will see if this one can hold or not, perhaps that buy in there stilll valid . in some case if power bear break . bottom will be aimed

assumed 1.3600 hit before NY , then we will have 1.37000 end of week
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #588,691
  • Apr 8, 2021 11:36pm Apr 8, 2021 11:36pm
Boom! The drop keeps coming.. still long entered another long at 13690

will it hit S3 before going up? I hope not
Insane in the Brain..
  • #588,692
  • Apr 8, 2021 11:36pm Apr 8, 2021 11:36pm
Quoting gatenio
long!
no long before price is above 200 ema band
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yes yes yes
  • #588,693
  • Apr 8, 2021 11:36pm Apr 8, 2021 11:36pm
Quoting Moty
switched to long the theory of s&d , this the reason why price sometimes reverse before the line of s&r . s&d is where the banks are coming in , the big boys {image} {image}
S&D would say its a bad zone. Been hit too many times in the past- most of the orders have been taken out of the zone by bear attacks. Ideally the zone will be untouched, have taken out opposing zones, caused powerful moves etc.
  • #588,694
  • Apr 8, 2021 11:38pm Apr 8, 2021 11:38pm
Quoting Moty
{quote} this is the other way get out before it will be too late {image}


GU hit my all downtown targets now full time all the way up
  • #588,695
  • Apr 8, 2021 11:38pm Apr 8, 2021 11:38pm
Quoting Moty
{quote} no long before price is above 200 ema band {image}
when moving average will tell me how to trade this is the day i will quit trading.
  • #588,696
  • Apr 8, 2021 11:39pm Apr 8, 2021 11:39pm
Friday is a day when games get played. Not including the 2nd of April, the 4 or 5 Fridays before that GU has had a big range, over 140 in some cases. Well above average. Be safe and expect the unexpected. I would not rule out getting close to 1.36 today.
  • #588,697
  • Edited Apr 9, 2021 12:03am Apr 8, 2021 11:39pm | Edited Apr 9, 2021 12:03am
Quoting Wavegarrick
{quote} I took 2 sell trades off my daily pivot today with my trades locked in. EurGbp having a nice run again and every time this happens Gu goes down. I can just imagine if the dollar index turns up, we could have fast acceleration with Gu to the downside. Anyway, probably wishful thinking at the moment. Trade safe. Cheers. {image} {image}
Hi Guys,
Thank you for the kind words. It makes me very happy that I can be a guiding light to some. Anyway, it is a win-win situation for me. The more I post here the more I concentrate on my trading and the better I perform. We move on from here.

I can understand why some see this area as a very important line in the sand for bulls and bears. 1.3672 is also my yearly open line. We had a perfect bounce the previous 2 weeks in this area. Here's the thing though. Can bulls withstand the 3rd onslaught?. Today is a very important day being the last day of the week and a weekly close below 1.3672 will be a good sign for bears. So we could probably see some fireworks today. Whether you are a bull or a bear, either way, there is money to be made.

Trade safe and have a great weekend.
Cheers.
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Trade to trade another day
  • #588,698
  • Apr 8, 2021 11:42pm Apr 8, 2021 11:42pm
Quoting Ihlas
{quote} GU hit my all downtown targets now full time all the way up
If I remember correctly your obvious targets was down to 1.366. What has changed and you took long before it?
Air force
  • #588,699
  • Apr 8, 2021 11:43pm Apr 8, 2021 11:43pm
Quoting Ihlas
{quote} GU hit my all downtown targets now full time all the way up
Long srot...
Long srot...
  • #588,700
  • Apr 8, 2021 11:43pm Apr 8, 2021 11:43pm
dx broken up the band ,, bye bye gu
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yes yes yes
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