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Cable Update (GBPUSD)

  • #589,841
  • Apr 16, 2021 5:36am Apr 16, 2021 5:36am
Hmm.... don't think this F.... will drop soon. EUR GBP almost gave me a stroke, falling again back below 0.8700...
  • #589,842
  • Apr 16, 2021 5:37am Apr 16, 2021 5:37am
Quoting saninvestor
Up move is almost over today. Looking for short entry after confirmation.

Good luck
  • #589,843
  • Edited 5:57am Apr 16, 2021 5:47am | Edited 5:57am
1.3790-95 can show some reaction down

Not trading it though, done for day. Friday is the day to take your profit and run

Edit- apparently not. Ignore my trashposting
  • #589,844
  • Edited 6:15am Apr 16, 2021 5:55am | Edited 6:15am
Thanks Zaidan

This is my trade set up today.

Using H1.

If M1, it is too fragile to established direction to trade.

H1 are more prominent in getting the feel

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  • #589,845
  • Apr 16, 2021 5:57am Apr 16, 2021 5:57am
Quoting azmal0111
Hit 1.3784...now time to bounce back at 1.3745 at least.

Good luck
  • #589,846
  • Apr 16, 2021 6:03am Apr 16, 2021 6:03am
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yes yes yes
  • #589,847
  • Apr 16, 2021 6:07am Apr 16, 2021 6:07am
Next 4H candle may penetrate 3813 and hit 3842. Lets see...
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  • #589,848
  • Apr 16, 2021 6:08am Apr 16, 2021 6:08am
The 2021 Scottish Parliament election will be held on 6 May 2021. SNP is expected to win the majority. SNP has vowed to push for a second referendum on independence from the UK if it wins a majority in the Scottish parliament. This will certainly hurt GU badly! So in the near future GU won't go up too much!
  • #589,849
  • Apr 16, 2021 6:12am Apr 16, 2021 6:12am
Can someone push it over the resistance, before Monty uses his hammer :-)
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  • #589,850
  • Apr 16, 2021 6:15am Apr 16, 2021 6:15am
Quoting Yngwie
Today not lower than 3710
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #589,851
  • Apr 16, 2021 6:18am Apr 16, 2021 6:18am
Keep in mind, last Weekly open was at 1.3822(ish)

Weekly bears will start to fight and defend that zone, their target (for this week) will be to push the price at least under 1.3760 (50% open/close last week)
  • #589,852
  • Apr 16, 2021 6:18am Apr 16, 2021 6:18am
tp moved 1.37200
67 pips to go
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yes yes yes
  • #589,853
  • Apr 16, 2021 6:28am Apr 16, 2021 6:28am
Quoting saninvestor
Up move is almost over today. Looking for short entry after confirmation.
Sold @ 1.3782
Trade to enjoy... Money is after!
  • #589,854
  • Apr 16, 2021 6:28am Apr 16, 2021 6:28am
Quoting Moty
tp moved 1.37200 67 pips to go {image}
You think will see 1.3720 again today?!
  • #589,855
  • Apr 16, 2021 6:32am Apr 16, 2021 6:32am
Quoting mysterio
1.3790-95 can show some reaction down Not trading it though, done for day. Friday is the day to take your profit and run Edit- apparently not. Ignore my trashposting
3.6 pips out

Need to work on my accuracy next week

Enjoy the down move
  • #589,856
  • Apr 16, 2021 6:33am Apr 16, 2021 6:33am
Quoting Naabde
{quote} You think will see 1.3720 again today?!
i am sure , and maybe lower
60 pips to go
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yes yes yes
  • #589,857
  • Apr 16, 2021 6:38am Apr 16, 2021 6:38am
Out of my last trade for today.

#Avoid greed and close that profit before it turns to loss.
#if you dont close the profit, you will willing close the loss
Attached Image
#Stay blue. /swinger/scalper/
  • #589,858
  • Apr 16, 2021 6:40am Apr 16, 2021 6:40am
Quoting Moty
{quote} i am sure , and maybe lower 60 pips to go {image} {image}
Theprice above 200 ema . Caution signal reversal has occur lately
Price may break that 1.3800 to 1.38500 and close at 1.3800
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #589,859
  • Apr 16, 2021 6:51am Apr 16, 2021 6:51am
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yes yes yes
  • #589,860
  • Edited 7:16am Apr 16, 2021 6:55am | Edited 7:16am
Quoting Moty
{image}{image}
Yea how this daily closes will decide next week

A bullish picture as things stand, a quick spike below the previous days lows then straight up is telling

You know what they usually do is park it directly on the upper TL to keep us guessing over the weekend
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