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Cable Update (GBPUSD)

  • #591,301
  • Apr 25, 2021 2:05pm Apr 25, 2021 2:05pm
GU

One trade from April 22, still running.

Hope it will goes up.



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  • #591,302
  • Apr 25, 2021 2:15pm Apr 25, 2021 2:15pm
Quoting Sang.Real
GU One trade from April 22, still running. Hope it will goes up. {image}
Exactly like mine, same day, nice ! We are at the bottom of a correction. We will probably know this very week if this is a keeper for longer term.
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #591,303
  • Apr 25, 2021 2:27pm Apr 25, 2021 2:27pm
Quoting mtako
{quote} Whos up to betting on the gap ? I say .... minimum 10 pips above, opposite of last week.
Gap was down. You lost
  • #591,304
  • Apr 25, 2021 2:48pm Apr 25, 2021 2:48pm
Quoting Georginson
Price failure to attack 1.3778 on Friday means the bulls are back and should price find support anywhere between 1.3800/1.3830 then 1.4036 becomes exposed this week. Only a break down of 1.3800 invalidates 1.4036. {image}
Sell Limit at 1.389.Tp 1.38. Hope it works
  • #591,305
  • Apr 25, 2021 3:06pm Apr 25, 2021 3:06pm
Quoting Nd10
{quote} Sell Limit at 1.389.Tp 1.38. Hope it works
Good call mate ! Yeah, resistance held twice already(strong bears right there !), bulls going in for the third time... You got bigger guts than me ! Ive got a similar sell in mind also but have and see what it does around 1.388. I also have a just as sweet buy if it hangs above it a bit too long I gotta be patient with this one.
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #591,306
  • Apr 25, 2021 4:08pm Apr 25, 2021 4:08pm
As expected on Friday, weekly close is everything but bullish. It's more obvious now why price failed to pass 1.3890s on Friday.
That's the weekly resistance for this week, a base above is neccessary for bulls to take it toward 1.3970s, and 1.4040 the ultimate it can wish for. While bears first have to base it below 1.3850 to target 1.3820, below there will open for 1.3760s easy. Actually, I'll bet for below 1.3850 will be first sign for good fall down...
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #591,307
  • Apr 25, 2021 4:14pm Apr 25, 2021 4:14pm
Quoting ChiForex
As expected on Friday, weekly close is everything but bullish. It's more obvious now why price failed to pass 1.3890s on Friday. That's the weekly resistance for this week, a base above is neccessary for bulls to take it toward 1.3970s, and 1.4040 the ultimate it can wish for. While bears first have to base it below 1.3850 to target 1.3820, below there will open for 1.3760s easy. Actually, I'll bet for below 1.3850 will be first sign for good fall down...
1.37700-1.37600 area will be my turn over buy TL . As for now. Ive short a while. Price didnt breach 1.39000 last week. And manipulation usually occur to take down sell stop below before going bull. Its last week for montly candle to shown the way
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #591,308
  • Apr 25, 2021 4:36pm Apr 25, 2021 4:36pm
Quoting kris89
{quote} 1.37700-1.37600 area will be my turn over buy TL . As for now. Ive short a while. Price didnt breach 1.39000 last week. And manipulation usually occur to take down sell stop below before going bull. Its last week for montly candle to shown the way
Same buy limit for moi
  • #591,309
  • Apr 25, 2021 5:17pm Apr 25, 2021 5:17pm
Quoting Sang.Real
GU One trade from April 22, still running. Hope it will goes up. {image}

GU

add scalp position.

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  • #591,310
  • Apr 25, 2021 5:43pm Apr 25, 2021 5:43pm
Quoting KiwiTrada
{quote} dix just printed hrly doji @ support 91 000 worth an eyeball!!! long 91 01 13 pip sl
stopped out same swissy :-( looking cad previous daily low 2458 should hold long with 13pip sl waiting
If you are new to Forex? Say Goodbye to your account!!
  • #591,311
  • Edited 6:25pm Apr 25, 2021 6:09pm | Edited 6:25pm
Quoting Sang.Real
{quote} GU add scalp position. {image}
Its forming new base at m15 maybe price going up direct , but will see this Res 1.39000 area ,
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #591,312
  • Apr 25, 2021 6:50pm Apr 25, 2021 6:50pm
Quoting Sang.Real
{quote} GU add scalp position. {image}
im with you but a few pips up. thinking 1.392 probably liquidate and sell
  • #591,313
  • Apr 25, 2021 7:48pm Apr 25, 2021 7:48pm
Hello people,

Noob to the forum here, and man oh man, y'all make me second guess every decision I make. Lol. But I'm guessing most people here put their charts up as a kind of a diary and hoping to do the same. May the invisible hand favor us this week.
  • #591,314
  • Apr 25, 2021 7:57pm Apr 25, 2021 7:57pm
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"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #591,315
  • Apr 25, 2021 8:02pm Apr 25, 2021 8:02pm
Took long at 1.39 area , target are round numbers 1.39500 and 1.4
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yes yes yes
  • #591,316
  • Apr 25, 2021 8:07pm Apr 25, 2021 8:07pm
Quoting Fotraneca
Hello people, Noob to the forum here, and man oh man, y'all make me second guess every decision I make. Lol. But I'm guessing most people here put their charts up as a kind of a diary and hoping to do the same. May the invisible hand favor us this week.
in the forum you will find people on the same page as you or opposite what you think anytime of day. That's why its best to do your own homework and come to your own conclusions. If I see wavegarrick has a different POV than myself I might second guess my position though. Doesn't mean I'll change it
  • #591,317
  • Edited 8:39pm Apr 25, 2021 8:27pm | Edited 8:39pm
Quoting Moty
Took long at 1.39 area , target are round numbers 1.39500 and 1.4 {image} {image}
ive a feeling that price would do take below first , too early to fly , at least need taken Sell stop below 1.38000 , and back in action . price make a triangle up

ill sell and see how these today price react, if price manage to make new base , then buy . if just a traping top and cut the below stop hunt , ill wait n see first , for now ill sell it , thursday have Fomc as well , this will be the key price brutal goes north if the price take stop hunt below before fomc
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #591,318
  • Apr 25, 2021 8:32pm Apr 25, 2021 8:32pm
TP in at 1.3915. Will see how the area reacts- capped April 4-6th. Looking to sell
  • #591,319
  • Apr 25, 2021 8:42pm Apr 25, 2021 8:42pm
Quoting Moty
Took long at 1.39 area , target are round numbers 1.39500 and 1.4 {image} {image}
I shorted cable @ 1 3904 sl 13pips :-o
If you are new to Forex? Say Goodbye to your account!!
  • #591,320
  • Apr 25, 2021 8:58pm Apr 25, 2021 8:58pm
I have 2 options (red or yellow arrow)
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