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Cable Update (GBPUSD)

  • #590,201
  • Apr 19, 2021 10:39am Apr 19, 2021 10:39am
Quoting Ihlas
Drop is inevitable for tomorrow. Sleep Eat Sell
I'm just thinking, what if we get another Lee action tomorrow? Especially if 1.3974 keeps supporting.

Just a thought
  • #590,202
  • Apr 19, 2021 10:42am Apr 19, 2021 10:42am
Quoting JayBag
{quote} I'm just thinking, what if we get another Lee action tomorrow? Especially if 1.3974 keeps supporting. Just a thought
another one like this, let se how RN 1.4 will react.

what is you target J?
  • #590,203
  • Apr 19, 2021 10:48am Apr 19, 2021 10:48am
For me i think it's best we keep buying at every opportunity until it turns to sell, there is no need selling in a bull market excerpt that's how you keep making your money.
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #590,204
  • Apr 19, 2021 10:49am Apr 19, 2021 10:49am
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yes yes yes
  • #590,205
  • Apr 19, 2021 10:53am Apr 19, 2021 10:53am
Quoting JayBag
{quote} I'm just thinking, what if we get another Lee action tomorrow? Especially if 1.3974 keeps supporting. Just a thought
that’s the problem.. I do feel there will be a drop some kind of rest bite. Like we had in feb before the push forward to 142.
Insane in the Brain..
  • #590,206
  • Apr 19, 2021 10:54am Apr 19, 2021 10:54am
Quoting JayBag
{quote} I'm just thinking, what if we get another Lee action tomorrow? Especially if 1.3974 keeps supporting. Just a thought

I am more inclined to call Bear Lee . Everything is over on 1H TF. We have some business with 5M TF. If 1.37 decides to go up. Then we will definitely see 1.40770
Just from my point of view
  • #590,207
  • Apr 19, 2021 10:59am Apr 19, 2021 10:59am
Quoting Ihlas
Drop is inevitable for tomorrow. Sleep Eat Sell
Inevitable?

1.4050 is going to happen tomorrow. Trade carefully
when you can accurately predict the future, you leave nothing to chance.
  • #590,208
  • Apr 19, 2021 11:03am Apr 19, 2021 11:03am
Quoting zizoo
{quote} Inevitable? 1.4050 is going to happen tomorrow. Trade carefully

If price proves me wrong, I have something to learn.
Thank you
Wish you pips too
  • #590,209
  • Apr 19, 2021 11:04am Apr 19, 2021 11:04am
12 hours ago the up move started from 1.3835, now after the last test at 1.3990 again, the trend line support gave up and the pair is trading off waiting for confirmation of deep retrace by a base below 1.3970 first.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #590,210
  • Edited 11:47am Apr 19, 2021 11:18am | Edited 11:47am
I normally take fast trades like this - getting into breakouts from minor congestion zones and then getting out.
It's not very sophisticated, but it works.

It has been enlightening to see how many of you hold for much bigger trades.
After price has accumulated for so many days it is no surprise to see it breakout in such a big way, I'm kind of disappointed I didn't see it given I generally trade breakouts - but not of that scale. Now I am wondering - why not?!!

Thanks to all of you for the interesting viewpoints, great analysis and inspiration to aim bigger.
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  • #590,211
  • Apr 19, 2021 11:21am Apr 19, 2021 11:21am
Quoting gatenio
{quote} another one like this, let se how RN 1.4 will react. what is you target J?
I agree with you bro, I have an eye for 1.40 too. My target is at 1.40129 to be exact. (will observe that handle to get clues of extension or not)

Let's see how it goes
  • #590,212
  • Apr 19, 2021 11:25am Apr 19, 2021 11:25am
Quoting JayBag
{quote} I agree with you bro, I have an eye for 1.40 too. My target is at 1.40129 to be exact. (will observe that handle to get clues of extension or not) Let's see how it goes
oh, possible for sure, good luck mate.
I will join you next trip.
  • #590,213
  • Apr 19, 2021 11:27am Apr 19, 2021 11:27am
Just checking my account stats today, despite all this fancy huge bullish movement today, managed with 70 clean pips profit on one account, but holding floating sell orders on another 2 accounts, still managed around 50 pips on each.
And waiting for a deeper retrace to take advantage with quick buys hedging/profiting all the way down.

Now, before someone pops up and say OH you could had earned much more if bought all the way up..
I tell you Mr. Smart that if you could expect such a move then good job but most probably you must had been waiting for it weeks ago when way more pips were available all the way down and up many times.

Briefly, no one can be always right by expecting market movements but long term gains and money management will keep your account alive.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #590,214
  • Apr 19, 2021 11:30am Apr 19, 2021 11:30am
Quoting BeeTogether
{quote} that’s the problem.. I do feel there will be a drop some kind of rest bite. Like we had in feb before the push forward to 142.
well, id like to think that 1.37146 created enough push that could reach for 1.42 but who knows .. Just alot going on right now bud
  • #590,215
  • Apr 19, 2021 11:37am Apr 19, 2021 11:37am
Yesterdays hammer got things going.
Pushing up into a resistance zone with history of reaction

USD landing on some support
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Compulsions can be hard to resist
  • #590,216
  • Apr 19, 2021 11:41am Apr 19, 2021 11:41am
Quoting Ihlas
Drop is inevitable for tomorrow. Sleep Eat Sell
Hi Ihlas ! Perhaps will drop of course. Inevitable ? I like your sense of humor !


Quoting zizoo
{quote} Inevitable? 1.4050 is going to happen tomorrow. Trade carefully

Perhaps also. I like your " trade carefully" as maybe Ihlas was not joking after all...



I have been mainly taking longs, but am a BEARBULL at heart, half half .



Planning the many possible scenarios as usual. Have explained much of them in previous posts, but for now, I d just like to add quite simply :


The Bulls have been charging upwards, but I WILL NOT GUESS WHEN IT WILL END to consider any shorts that are for anything more than scalps. I WILL WAIT TILL IT ENDS.

.. then manage my longs, and dance with my bear friends at last again
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #590,217
  • Apr 19, 2021 11:50am Apr 19, 2021 11:50am
Quoting JayBag
{quote} well, id like to think that 1.37146 created enough push that could reach for 1.42 but who knows .. Just alot going on right now bud
could be bro! feeling gutted i took the wrong way on this one as it would have been monthly pay day otherwise lol
Insane in the Brain..
  • #590,218
  • Edited 12:08pm Apr 19, 2021 11:57am | Edited 12:08pm
Quoting mtako
{quote} Hi Ihlas ! Perhaps will drop of course. Inevitable ? I like your sense of humor ! {quote} Perhaps also. I like your " trade carefully" as maybe Ihlas was not joking after all... I have been mainly taking longs, but am a BEARBULL at heart, half half . Planning the many possible scenarios as usual. Have explained much of them in previous posts, but for now, I d just like to add quite simply : The Bulls have been charging upwards, but I WILL NOT GUESS WHEN IT WILL END to consider any shorts that are for anything more than scalps. I WILL...

Hi MTAKO!
Well laid
Sometimes being always right doesn't bring anything
Sometimes being wrong gives precious lesson
The market is predictable as soon as you know where to look. Not even predictable but you can know exactly where it will hit the price. I need few more steps to be more accurate, that's why I like when market proves me wrong.
Hope you are doing well and mining a lot of pips as usual.
Good luck.
  • #590,219
  • Apr 19, 2021 12:05pm Apr 19, 2021 12:05pm
Quoting Naabde
{image} Thank you great Britain pound Was a wonderful day actually
mate, hoping this is real money
  • #590,220
  • Apr 19, 2021 12:53pm Apr 19, 2021 12:53pm
It’s bed time for cable it seems... steamed out let’s hope Asia can bring it back down to earth
Insane in the Brain..
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