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Cable Update (GBPUSD)

  • #589,921
  • Apr 16, 2021 1:34pm Apr 16, 2021 1:34pm
Its okay to test 1.3850 in 2 hours..then we can go 1.3750 next week
  • #589,922
  • Apr 16, 2021 1:51pm Apr 16, 2021 1:51pm
Ideally as per the daily trendline it should bounce from 1.3846-50. If it doesn't then should prepare for 1.4x.
But a retracement should happen at least until 1.3750 early next week. You never know, when cable will start not caring for the DXY and hit directly high at 1.42 like in Feb.
My observation may be wrong but intent correct. Stay calm!
  • #589,923
  • Apr 16, 2021 1:53pm Apr 16, 2021 1:53pm
Selling seems meaningless but 1.3852 is critical i think from here upto 1.4008 or deep down to 1.3495

both possible
  • #589,924
  • Apr 16, 2021 1:56pm Apr 16, 2021 1:56pm
she came to 1.3830 probably to go down then
???
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmicro-h1-xm-global-limited-2.png Size: 46 KB
dolce vita
  • #589,925
  • Apr 16, 2021 1:56pm Apr 16, 2021 1:56pm
Quoting RunForexRun1
{quote} No bro...he said sell 3x...so that makes him a trillionaire.
I am sure he is more than that now
#Stay blue. /swinger/scalper/
  • #589,926
  • Apr 16, 2021 2:00pm Apr 16, 2021 2:00pm
Quoting Moty
i am so unlucky it's ok that price will go against me , but why so aggressive , and why it need to close in the high of the day , with no retracement along the way , to at least give me a chance to get out with a little loss ? {image} {image}
You could have taken a lot more profits than loss earlier today.
So unfortunate for you.
#Stay blue. /swinger/scalper/
  • #589,927
  • Apr 16, 2021 2:00pm Apr 16, 2021 2:00pm
Quoting Moty
i am so unlucky it's ok that price will go against me , but why so aggressive , and why it need to close in the high of the day , with no retracement along the way , to at least give me a chance to get out with a little loss ? {image} {image}
Calm mate,,, your hammer will come...
Trade with prediction = witch with her visions lol
  • #589,928
  • Apr 16, 2021 2:01pm Apr 16, 2021 2:01pm
Quoting Moty
i am so unlucky it's ok that price will go against me , but why so aggressive , and why it need to close in the high of the day , with no retracement along the way , to at least give me a chance to get out with a little loss ? {image} {image}
You caption "don't try to tell the market where to go'"
#Stay blue. /swinger/scalper/
  • #589,929
  • Apr 16, 2021 2:01pm Apr 16, 2021 2:01pm
Quoting Ehminiz
{quote} I am sure he is more than that now
are you the one trading for me?
  • #589,930
  • Apr 16, 2021 2:16pm Apr 16, 2021 2:16pm
Quoting Ehminiz
{quote} You caption "don't try to tell the market where to go'"
but it told me , i want to go down , and then it Laughed in my face
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 24 KB
yes yes yes
  • #589,931
  • Apr 16, 2021 2:27pm Apr 16, 2021 2:27pm
Quoting Moty
{quote} but it told me , i want to go down , and then it Laughed in my face {image}
We are on the same boat..
  • #589,932
  • Apr 16, 2021 2:47pm Apr 16, 2021 2:47pm
Attached Image (click to enlarge)
Click to Enlarge Name: photo_2021-04-17_02-46-19.jpg Size: 80 KB
Attachment gstop loss is very importan for me... happy weekend
Like me, cuts losses quickly. But has more patience and lets his winn
  • #589,933
  • Apr 16, 2021 2:53pm Apr 16, 2021 2:53pm
Quoting Moty
{quote} but it told me , i want to go down , and then it Laughed in my face {image}
becarefull friend , d1 strong bullish... trade plan for nexk week maybe bulllish
Like me, cuts losses quickly. But has more patience and lets his winn
  • #589,934
  • Apr 16, 2021 2:58pm Apr 16, 2021 2:58pm
Will we see R3 before cob ??
Insane in the Brain..
  • #589,935
  • Apr 16, 2021 3:40pm Apr 16, 2021 3:40pm
Looks to me like important zones for next week
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDMonthly.png Size: 24 KB
Click to Enlarge Name: GBPUSDDaily.png Size: 23 KB
Compulsions can be hard to resist
  • #589,936
  • Apr 16, 2021 3:52pm Apr 16, 2021 3:52pm
Took tp manually at 13840 job done finished week on 1 profit on Monday and today managed to recover the 600 loss from earlier in the week
Insane in the Brain..
  • #589,937
  • Apr 16, 2021 4:08pm Apr 16, 2021 4:08pm
Quoting SamiFX
looking for 38382 ... fingers crossed {image}
Target hitted, happy weekend
  • #589,938
  • Apr 16, 2021 4:21pm Apr 16, 2021 4:21pm
GU 100 Pip
Attached Image
  • #589,939
  • Apr 16, 2021 4:42pm Apr 16, 2021 4:42pm
GBP recovered after the last week's AstraZeneca news as expected. Also today gave traders a nice entry point for buying with a quick pullback in the morning. This means that level is confirmed and it will likely to go higher.

Wednesday's UK inflation data will of course show what is going to happen clearer than today. I am bullish and i won't take profits until the data. If inflation data comes low, i am thinking about riding this uptrend until next month.
You have to have an IQ higher than 90 to interact with this user.
  • #589,940
  • Apr 16, 2021 4:52pm Apr 16, 2021 4:52pm
https://www.ft.com/content/f9b94ac9-...9-5b30ff98e715

I remember emerging markets being a significant elephant in the room for 2013-early 2014 that was not appreciated by traders at the time.

These resource rich countries benefit enormously from rising commodity prices and attract funds from investors seeking higher yields.
Compulsions can be hard to resist
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