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Cable Update (GBPUSD)

  • #592,021
  • Apr 29, 2021 2:40am Apr 29, 2021 2:40am
Quoting JayBag
{quote} Hey Kris, I've been around man. I try to check in often. Dollar Magic possible but I try not to compare bot instrument tho. I mean, the GBP plays too right? SS
yes , indeed . pattern almost done. just wish that 1.40800 - 1.41200 area hit before falling knife . but im aware of change of wind
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #592,022
  • Apr 29, 2021 2:52am Apr 29, 2021 2:52am
Quoting kris89
{quote} yes , indeed . pattern almost done. just wish that 1.40800 - 1.41200 area hit before falling knife . but im aware of change of wind
Fair enough and price can do many things. I do have an idea of a much lower price so it would be interesting to see how things unfold
  • #592,023
  • Apr 29, 2021 2:56am Apr 29, 2021 2:56am
Quoting kris89
{quote} yes , indeed . pattern almost done. just wish that 1.40800 - 1.41200 area hit before falling knife . but im aware of change of wind
Lots of delicious bear treats ($$$) up here too
Attached Image (click to enlarge)
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  • #592,024
  • Apr 29, 2021 3:05am Apr 29, 2021 3:05am
Quoting mtako
{quote} Cheers all ! Last Buy STOP of the week, long term pullback potential style! 1.39203

Ok, only one more... potential of my 4hpullback now slightly greater, enough to add. buy stop 1.39702 long term
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #592,025
  • Apr 29, 2021 3:05am Apr 29, 2021 3:05am
Quoting mysterio
{quote} Lots of delicious bear treats ($$$) up here too {image}
yes , its hidden bear ninja on there , i was caution , when price rush to that area so quickly and when the end of the month also weekly .
if they wanna bull , price should hit before on middle age . its seem now possible . but ill see if bull can change the wind and win the fight to 1.43000
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #592,026
  • Apr 29, 2021 3:06am Apr 29, 2021 3:06am
Quoting parshal
{quote} Nice to see your views. How did you arrive at those targets? Are those based on Pivot points, Support and resistance. However despite going down 100 pips, it came up by 100 pips. I think it will at least hit 1.39 before down. It could also be a breakout of 1.4.

As per my analysis, it won't go up 1.39753 (1.4 is far from it) and I'm pretty sure about it (If I'm wrong, I can learn something from it). 100 pips down and up is normal behaviour at this price situation.
Those target aren't based on the Pivots, SNR or any other indicator. I have my own calculation (analysis) method and I get them from that.
  • #592,027
  • Apr 29, 2021 3:11am Apr 29, 2021 3:11am
Quoting kris89
{quote} in that level ,i wouldny scalp , maybe can drop to 1.39200 may not haha i observe now for a moment , no hasty , london will show the way
you are right i think
  • #592,028
  • Apr 29, 2021 3:19am Apr 29, 2021 3:19am
@parshal asked a good question and something that could benefit more members if you could give a more helpful response: How did you arrive at that conclusion? Often, questions are asked for the benefit of other members. By my analysis, using the D1 and W1 tfs we still have a bullish technical market structure although the momentum is in decline. See attached D1 chart. I'm a swing trader by the way.

KP

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily_Apr 29, 2021.png Size: 47 KB


Quoting Ihlas
{quote} As per my analysis, it won't go up 1.39753 (1.4 is far from it) and I'm pretty sure about it (If I'm wrong, I can learn something from it). 100 pips down and up is normal behaviour at this price situation. Those target aren't based on the Pivots, SNR or any other indicator. I have my own calculation (analysis) method and I get them from that.
Do your homework, follow the footprints of smart money
  • #592,029
  • Apr 29, 2021 3:22am Apr 29, 2021 3:22am
London skipped. Will see the NYO
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #592,030
  • Apr 29, 2021 3:26am Apr 29, 2021 3:26am
Quoting KeenPips
@parshal asked a good question and something that could benefit more members if you could give a more helpful response: How did you arrive at that conclusion? Often, questions are asked for the benefit of other members. By my analysis, using the D1 and W1 tfs we still have a bullish technical market structure although the momentum is in decline. See attached D1 chart. I'm a swing trader by the way. KP {image} {quote}
"I have my own calculation (analysis) method and I get them from that. "
He just forgot to mention that he does not wish to share the Calculations.
You can do it!
  • #592,031
  • Apr 29, 2021 3:33am Apr 29, 2021 3:33am
This pair is in full on "buy the dip" mode
Compulsions can be hard to resist
  • #592,032
  • Apr 29, 2021 3:35am Apr 29, 2021 3:35am
Quoting trumps
This pair is in full on "buy the dip" mode
I'm not so sure, FOMC tricks/manipulation/liquidity grabs are common

We're in (albeit weakened) daily supply https://www.tradingview.com/x/iAHP3TEQ/
  • #592,033
  • Apr 29, 2021 3:35am Apr 29, 2021 3:35am
GU might target 1.4000s again but it can not close on weekly there but 1.3890 will be best hope for bulls while bears will try to push it below there to 1.3870s or lower

GU is on long term bearish trend, sooner or later BOE will start tapering and the currency will become from the past
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #592,034
  • Apr 29, 2021 3:36am Apr 29, 2021 3:36am
it's going to 1.3915 now. bulls last chance to maintain power
  • #592,035
  • Apr 29, 2021 3:36am Apr 29, 2021 3:36am
Quoting Tekin
{quote} Scalp sell ??? {image}

20 pips enough for a scalp i think
  • #592,036
  • Apr 29, 2021 3:43am Apr 29, 2021 3:43am
buys at open. target just below the high

could retrace deeper till above pivot but unlikely. expect this to be low.
Attached Image (click to enlarge)
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  • #592,037
  • Apr 29, 2021 3:47am Apr 29, 2021 3:47am
Attached Image (click to enlarge)
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will get the 1.39200 area later , Limit order is set . will seek the good of respected RBS
i expected more bull these weekly
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #592,038
  • Apr 29, 2021 3:47am Apr 29, 2021 3:47am
revarsal zone 1.39182-1.39325
Attached Image (click to enlarge)
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yes yes yes
  • #592,039
  • Apr 29, 2021 3:48am Apr 29, 2021 3:48am
If a trader is not willing to share details of their analysis or 'calculations', they can still give a hint and leave out details. At any rate, this is all about making us all more valuable to the FF community.

KP

Quoting Kampion
{quote} "I have my own calculation (analysis) method and I get them from that. " He just forgot to mention that he does not wish to share the Calculations.
Do your homework, follow the footprints of smart money
  • #592,040
  • Apr 29, 2021 3:48am Apr 29, 2021 3:48am
Attached Image (click to enlarge)
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and dollar also almost reach SBR
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
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