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Cable Update (GBPUSD)

  • #590,721
  • Apr 21, 2021 10:43am Apr 21, 2021 10:43am
Quoting BeeTogether
{quote} you could be right there... I should have waited for the drop to go north my losses wouldn’t have been as bad. However it’s live and learn. Managed to drop my SL lines in time. Now looking to move north and around 13950-13960 I will move SL to BE
Good job with that. I didn't have an SL on my buys either because price was obviously choppy throughout the day.
  • #590,722
  • Apr 21, 2021 10:45am Apr 21, 2021 10:45am
Quoting JayBag
{quote} Perfection is indeed pricey bro. I definitely can relate. Spent about 3-4 years looking for it and what it cost me is nothing to write home about but we Meeove
I hear you...I've been trying for years too. I still can't figure out for the life of me how some can pinpoint precise entries. Pipcenturion does it, though.
  • #590,723
  • Apr 21, 2021 10:47am Apr 21, 2021 10:47am
Sell again from 1.39400
Target Baker Street LOL
  • #590,724
  • Apr 21, 2021 10:49am Apr 21, 2021 10:49am
Quoting Wavegarrick
{quote} Anyway, folks. I am getting cyclic bearish confirmation signals, Waiting for a deeper pullback to enter more shorts. I could be wrong. Safe trading. Cheers. {image}
Valid if current bull run have no retrace at 3940/50...
Peace Yo!
  • #590,725
  • Apr 21, 2021 10:51am Apr 21, 2021 10:51am
Long at 1.3941
  • #590,726
  • Apr 21, 2021 10:53am Apr 21, 2021 10:53am
5 mins for this candle to close
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 29 KB
yes yes yes
  • #590,727
  • Apr 21, 2021 10:56am Apr 21, 2021 10:56am
Quoting Kaysole
{quote} I hear you...I've been trying for years too. I still can't figure out for the life of me how some can pinpoint precise entries. Pipcenturion does it, though.
It does happen without a doubt but how many times can one be precise? Pipcenturion does kill it no doubt. (I assume it doesn't happen consistently for him)
A few may know me trading EU a lot more before I am now in entanglement with GU .. On a good day, I could pinpoint EU but it doesn't happen all the time.

However, with tiny lot, I have had a lot more success than the times of me trying to pinpoint the price.
  • #590,728
  • Apr 21, 2021 11:06am Apr 21, 2021 11:06am
Quoting ChiForex
Retrace to 1.3950s that joins current daily/4hr. support is coming. Deeper one expected to hold at 1.3880s that's the weekly turned support. The last daily candle high can be the high of the full week done on one crazy day! Only above 1.4010s might target up to 1.41 maybe to 1.4130 Lets hope price don't go over 1.40 so we don't have to bother with fakeouts!
Instead of guessing levels like 1.39223 1.39021 1.39335
You must had just drawn 3 simple lines at 1.4010 1.3950 1.3880 and enjoyed trading buy/sell

Most traders never learn, always in hurry to enter the market at whatever levels they imagine are right, and if it doesn't work they keep adding more orders

All what you needed was given above, from time GU was still at 1.40
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #590,729
  • Apr 21, 2021 11:10am Apr 21, 2021 11:10am
Last chance for Bulls, I am calling Bears
This is just a correction
Wish you health and wealth guys
Let's go
  • #590,730
  • Apr 21, 2021 11:13am Apr 21, 2021 11:13am
Quoting JayBag
{quote} It does happen without a doubt but how many times can one be precise? Pipcenturion does kill it no doubt. (I assume it doesn't happen consistently for him) A few may know me trading EU a lot more before I am now in entanglement with GU .. On a good day, I could pinpoint EU but it doesn't happen all the time. However, with tiny lot, I have had a lot more success than the times of me trying to pinpoint the price.
Good on you bro.

Regarding cable, if price could breach those pesky little highs today, I'd feel more at ease. Until then, price may be susceptible to another push down.
  • #590,731
  • Apr 21, 2021 11:26am Apr 21, 2021 11:26am
Quoting Kaysole
{quote} Good on you bro. Regarding cable, if price could breach those pesky little highs today, I'd feel more at ease. Until then, price may be susceptible to another push down.
I think GU is baked for UP direction tho. I agree it would be more relaxing to see those nasty daily HIGH taken out. ]
Let's give it time

SS
  • #590,732
  • Apr 21, 2021 11:30am Apr 21, 2021 11:30am
Quoting Wavegarrick
{quote} Anyway, folks. I am getting cyclic bearish confirmation signals, Waiting for a deeper pullback to enter more shorts. I could be wrong. Safe trading. Cheers. {image}
So this is where I am at, I don't profess to have the magic wand. I have lost subscribers I must admit. I continue to slog along, but so be it. I continue with my system. I am short and my stops are in place.
Cheers Guys.
Attached Image (click to enlarge)
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Trade to trade another day
  • #590,733
  • Apr 21, 2021 11:34am Apr 21, 2021 11:34am
the 1.40000 is coming
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 46 KB
yes yes yes
  • #590,734
  • Apr 21, 2021 11:37am Apr 21, 2021 11:37am
Quoting Wavegarrick
{quote} So this is where I am at, I don't profess to have the magic wand. I have lost subscribers I must admit. I continue to slog along, but so be it. I continue with my system. I am short and my stops are in place. Cheers Guys. {image}
sir where are you expecting your take profit
  • #590,735
  • Apr 21, 2021 11:38am Apr 21, 2021 11:38am
Quoting Moty
the 1.40000 is coming {image}
added buy limit at 3917
Peace Yo!
  • #590,736
  • Apr 21, 2021 12:10pm Apr 21, 2021 12:10pm
gut feeling if today we close .... close to 1.39500 as its is being hard nut to pass... there is a maximum chance tomorrow we hit 1.40 for sure....
Extreme gut feeling trader
  • #590,737
  • Apr 21, 2021 12:27pm Apr 21, 2021 12:27pm
Attached Image (click to enlarge)
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yes yes yes
  • #590,738
  • Apr 21, 2021 12:28pm Apr 21, 2021 12:28pm
Quoting Wavegarrick
{quote} So this is where I am at, I don't profess to have the magic wand. I have lost subscribers I must admit. I continue to slog along, but so be it. I continue with my system. I am short and my stops are in place. Cheers Guys. {image}

Hi Wavegarrick,

this my take on GU next move. ( Newbie view).

SL/TP in place, hope will reach the target tomorrow, if not taken out by the stop.

Thanks for sharing your trade set up and view.

Regards

Sang Real

Attached Image (click to enlarge)
Click to Enlarge Name: gu 125.jpg Size: 299 KB
  • #590,739
  • Apr 21, 2021 12:38pm Apr 21, 2021 12:38pm
Quoting Sang.Real
{quote} Hi Wavegarrick, this my take on GU next move. ( Newbie view). SL/TP in place, hope will reach the target tomorrow, if not taken out by the stop. Thanks for sharing your trade set up and view. Regards Sang Real {image}
I am just wondering is it demo acc our live?
  • #590,740
  • Apr 21, 2021 12:41pm Apr 21, 2021 12:41pm
Quoting Dr.House
{quote} I am just wondering is it demo acc our live?
Live account on borrowed money.
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