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Cable Update (GBPUSD)

  • #590,441
  • Apr 20, 2021 11:03am Apr 20, 2021 11:03am
Quoting giveachance
we may have hit a top at 1.4008. keeping that as stoploss one can sell for pivot test at 1.3775. I can see that hammer man is still here and also the power fund manager who has proved nothing to so far.
I expect tomorrow (Wednesday) to show us the high of the week in GBP USD . This bull move is not over yet… I think. I’m long now 1.3951 / SL 1.3920, targeting 1.4025-50.
Did you place your stop loss order? Why not?!? Story of my life...
  • #590,442
  • Apr 20, 2021 11:07am Apr 20, 2021 11:07am
Quoting Moty
booked loss on 103 $ re entered again for a short target {image} {image}
so fast re-enter? Any good setup? I see pinbar on h1..
Peace Yo!
  • #590,443
  • Apr 20, 2021 11:10am Apr 20, 2021 11:10am
Quoting Moty
booked loss on 103 $ re entered again for a short target {image} {image}
im still over 2k loss on current trade. However will take the hit if we get to 1k loss and then go long
Insane in the Brain..
  • #590,444
  • Apr 20, 2021 11:13am Apr 20, 2021 11:13am
I would have liked another leg down, i'm not sure I have a valid buy setup otherwise. Any thoughts?
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  • #590,445
  • Apr 20, 2021 11:14am Apr 20, 2021 11:14am
Quoting mrluckystar
{quote} so fast re-enter? Any good setup? I see pinbar on h1..
it's a trap , price need to get down atleast to 1.38100 area
there is a series of LL and LH
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yes yes yes
  • #590,446
  • Apr 20, 2021 11:17am Apr 20, 2021 11:17am
Quoting Moty
{quote} it's a trap , price need to get down atleast to 1.38100 area there is a series of LL and LH {image}
Nice one Moty. My instinct says this too
  • #590,447
  • Apr 20, 2021 11:17am Apr 20, 2021 11:17am
Quoting coyoteuglyxxx
{quote} I expect tomorrow (Wednesday) to show us the high of the week in GBP USD . This bull move is not over yet… I think. I’m long now 1.3951 / SL 1.3920, targeting 1.4025-50.
its possible. I am not advocating longs but this is a good place to short for 50-60 pips stoploss. If I am wrong i lose 50-60 pips. at 1.38 we were in middle of a muddy pond. i would not have shorted there.
  • #590,448
  • Apr 20, 2021 11:17am Apr 20, 2021 11:17am
Quoting mysterio
I would have liked another leg down, i'm not sure I have a valid buy setup otherwise. Any thoughts? {image}
I expected to go long around 1.3930 but I think I’ve missed it by a few minutes, so I went long 1.3951. SL 1.3920, ready to short it again below 1.3920 if needed….
Did you place your stop loss order? Why not?!? Story of my life...
  • #590,449
  • Apr 20, 2021 11:19am Apr 20, 2021 11:19am
Quoting Moty
{quote} it's a trap , price need to get down atleast to 1.38100 area there is a series of LL and LH {image}
You meant 1.3910 Moty?
I will be happy also with 3810 btw...
Trade to enjoy... Money is after!
  • #590,450
  • Apr 20, 2021 11:21am Apr 20, 2021 11:21am
for harmonic traders
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  • #590,451
  • Apr 20, 2021 11:25am Apr 20, 2021 11:25am
Quoting Moty
booked loss on 103 $ re entered again for a short target {image} {image}

Moty, what program are you running to get your buy & sell signals?
  • #590,452
  • Apr 20, 2021 11:25am Apr 20, 2021 11:25am
Quoting giveachance
we may have hit a top at 1.4008. keeping that as stoploss one can sell for pivot test at 1.3775. I can see that hammer man is still here and also the power fund manager who has proved nothing to so far.
Giveachance,
Wow, Your first post here since the 17th of Feb this year, now give us a chance. Your intrusion seems rather toxic. Who are you referring to as the hammer man and the power fund manager who has proven nothing? Be a man and own up, or is this another hit and run?
Trade to trade another day
  • #590,453
  • Apr 20, 2021 11:27am Apr 20, 2021 11:27am
Quoting Wavegarrick
{quote} Giveachance, Wow, Your first post here since the 17th of Feb this year, now give us a chance. Your intrusion seems rather toxic. Who are you referring to as the hammer man and the power fund manager who has proven nothing? Be a man and own up, or is this another hit and run?
hammer man is obviously moty and 2nd one is take your pick. why are you getting offended? I dont even read your posts and neither am i interested in doing it further.
  • #590,454
  • Apr 20, 2021 11:30am Apr 20, 2021 11:30am
If NY fills in the GBPUSD range for today, we still have loads of room to the upside meaning 1.4025 by NY close, if not it will just hit my stop lol
Did you place your stop loss order? Why not?!? Story of my life...
  • #590,455
  • Apr 20, 2021 11:31am Apr 20, 2021 11:31am
easy 18 pips on a rebound
Trade with prediction = witch with her visions lol
  • #590,456
  • Apr 20, 2021 11:31am Apr 20, 2021 11:31am
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Like me, cuts losses quickly. But has more patience and lets his winn
  • #590,457
  • Apr 20, 2021 11:32am Apr 20, 2021 11:32am
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Like me, cuts losses quickly. But has more patience and lets his winn
  • #590,458
  • Apr 20, 2021 11:32am Apr 20, 2021 11:32am
Quoting coyoteuglyxxx
If NY fills in the GBPUSD range for today, we still have loads of room to the upside meaning 1.4025 by NY close, if not it will just hit my stop lol
keep an eye on the euro. after having run as high as 1.2080 it was expected to breach 1.213x but instead it is retracing. if euro retraces its game over for pound. the cross is also oversold and at support 8600
  • #590,459
  • Apr 20, 2021 11:34am Apr 20, 2021 11:34am
Quoting mysterio
{quote} Nice one Moty. My instinct says this too
I agree too that could be a trap. But after that pinbar the cable has not moved since last 30 mins and DXY has climbed up.
Is this a sign of a quick drop ?
My observation may be wrong but intent correct. Stay calm!
  • #590,460
  • Apr 20, 2021 11:39am Apr 20, 2021 11:39am
bulls keep an eye on the dotted line. 1.39317 is a killer blow for longs
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