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Cable Update (GBPUSD)

  • #591,881
  • Edited 8:22am Apr 28, 2021 8:07am | Edited 8:22am
rangebound
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu2.png Size: 27 KB
Click to Enlarge Name: gu1.png Size: 15 KB
yes yes yes
  • #591,882
  • Apr 28, 2021 8:17am Apr 28, 2021 8:17am
Quoting babayaga
again little scalping with gold for 7 pips {image}
Hi,
Just out of curiosity, doesn't all your profit go in covering the spreads, if you target so little?
or you spread may be little? will be interesting to know the service provider then :-)
  • #591,883
  • Apr 28, 2021 8:25am Apr 28, 2021 8:25am
Quoting Sang.Real
GU When a market consolidates, buyers and sellers reach an equilibrium price level -- and the trading range tends to narrow. See H4 chart below When new information enters the marketplace, the market moves away from this equilibrium point and tries to find a new price, or "value" area. Either longs or shorts will be "trapped" on the wrong side and eventually forced to cover, aggravating the existing supply/demand imbalance. In turn, the increase in price momentum attracts new market participants, and pretty soon a vicious cycle is created. We know...
+ 1
I am still on the bull-side
Long time ago, a very experienced trader told me ,that the first breakout of a triangle is VERY often an fakeout..Scalps for me only ( most of the time btw.
  • #591,884
  • Edited 8:59am Apr 28, 2021 8:45am | Edited 8:59am
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 28 KB
Attached Image (click to enlarge)
Click to Enlarge Name: gold.png Size: 29 KB
yes yes yes
  • #591,885
  • Apr 28, 2021 8:51am Apr 28, 2021 8:51am
hard times for bear
  • #591,886
  • Edited 9:10am Apr 28, 2021 8:56am | Edited 9:10am
Quoting mysterio
{quote} Thanks for these posts bro. Your charts remind me to stay grounded and to identify what stage/mode the market is in and to trade accordingly. Your study and hard work & practice is evident. As for GU, I would like to see the 1.3860 zone to break before shorting pullbacks https://www.tradingview.com/x/hY7BwCli/ This base is still buyable https://www.tradingview.com/x/Dfw1W0l6/
Closed the buy, lets see if we can get a sell in the 1.389x area

edit-no sell yet!
  • #591,887
  • Apr 28, 2021 8:56am Apr 28, 2021 8:56am
Quoting vickytej2301
hard times for bear
Hard times for bears and bulls
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #591,888
  • Apr 28, 2021 9:07am Apr 28, 2021 9:07am
1.39500/1.4 in the making
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 20 KB
yes yes yes
  • #591,889
  • Apr 28, 2021 9:09am Apr 28, 2021 9:09am
To my opinion GU long H1 now.But daily Gu did top,bottom daily minimum 1.34 now,but can be more.If it go vertical 1.34.If it go step by step I even dont know bottom.Now 1.34
  • #591,890
  • Apr 28, 2021 9:11am Apr 28, 2021 9:11am
Quoting OnlineAddict
FED might take this up again, just to discourage bears and then a big dump should come. I hope it goes back above 3900 before or during FED, would be a nice confirmation of a drop.
And we are back up...now bulls will get excited...surprise surprise.
Everyone can see the chart, but only a few can actually read it.
  • #591,891
  • Apr 28, 2021 9:13am Apr 28, 2021 9:13am
Quoting vickytej2301
hard times for bear
Hard times for my heart❤❤❤❤
  • #591,892
  • Apr 28, 2021 9:14am Apr 28, 2021 9:14am
Quoting OnlineAddict
{quote} And we are back up...now bulls will get excited...surprise surprise.
I am getting more excited about a sell now, just need to find the turning point for dxy and we should get a nice drop

90.78 possibly
  • #591,893
  • Apr 28, 2021 9:17am Apr 28, 2021 9:17am
Bought from 1.3860
Sell from 1.39270
Easy game
  • #591,894
  • Apr 28, 2021 9:19am Apr 28, 2021 9:19am
Quoting gatenio
{quote} you the master, im a novice. im keeping my view for now.
thank you gatenio
I wrote "I think..."
nevertheless

we are both masters
then
reality comes

dolce vita
  • #591,895
  • Apr 28, 2021 9:20am Apr 28, 2021 9:20am
Bull Steam at it's best.
Caution, all can happen
Trade safe
  • #591,896
  • Apr 28, 2021 9:21am Apr 28, 2021 9:21am
hiya folks, i will be looking for the breakout of this wedge we are ranging in, maybe tonight or later this week, lets see how this biden infrastructure stimulus and fomc pans out PB
find a way to make money in your sleep or you work until you die
  • #591,897
  • Apr 28, 2021 9:21am Apr 28, 2021 9:21am
Quoting IBabyTrader
{quote} Hi, Just out of curiosity, doesn't all your profit go in covering the spreads, if you target so little? or you spread may be little? will be interesting to know the service provider then :-)
it's profit after I paid spread
dolce vita
  • #591,898
  • Apr 28, 2021 9:24am Apr 28, 2021 9:24am
Quoting OnlineAddict
{quote} And we are back up...now bulls will get excited...surprise surprise.
Attached Image (click to enlarge)
Click to Enlarge Name: maxresdefault.jpg Size: 412 KB

I hope this 'surprise' lasts... I see some too excited about it!
  • #591,899
  • Apr 28, 2021 9:29am Apr 28, 2021 9:29am
Quoting goldfish3
Buy trades at the days support (and hopefully low). expect this be the low, after much volatility. however need to stay above 8840-45. Which its currently fighting. {image}
concluded. Days like these best to set and forget and walk away from the screen imo.
  • #591,900
  • Apr 28, 2021 9:30am Apr 28, 2021 9:30am
Quoting mysterio
{quote} I am getting more excited about a sell now, just need to find the turning point for dxy and we should get a nice drop 90.78 possibly
Hola. The dollar almost reach TL. I exoect broken below and take GU uo
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
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