I have a long going from 1.3875.. will add on the way up given more confirmation. Stop goes to BE ASAP targeting 1.3950
2
Cable Update (GBPUSD)
- #592,810
- May 4, 2021 4:54am May 4, 2021 4:54am
- Joined Aug 2009 | Status: Trader | 12,448 Posts
If you are new to Forex? Say Goodbye to your account!!
- #592,811
- May 4, 2021 4:54am May 4, 2021 4:54am
{quote} I think it will want to range between 90.5-91.5 for a bit, lets see
or
find a way to make money in your sleep or you work until you die
- #592,812
- May 4, 2021 4:54am May 4, 2021 4:54am
- Joined Aug 2010 | Status: Trader | 5,359 Posts
{image}
no way man
...but of course I can be wrong
added sell.., one for 5 pips, another with target 1.3780th
dolce vita
- #592,813
- May 4, 2021 4:54am May 4, 2021 4:54am
- Joined Dec 2017 | Status: Trader | 30,688 Posts
yes yes yes
- #592,814
- May 4, 2021 4:54am May 4, 2021 4:54am
- | Joined Aug 2006 | Status: Terrapin Pipper | 1,186 Posts
{quote} I prefer 4H ichimoku for now (look also at daily, candle is trying to "leave" down from cloud ) let's see {image}
(Going uP to 4hr, Daily & Weekly)... That's really where you (aka: we) wanna go w/things.
So let's talk about it.
Yeah,
I'd say it's trapped on the Daily, in somewhat of the edge of "the net", shall we say?
-Like a fish not making it past the stiff-edge of the net or the fishermen's hands?
So, I see that, and would agree w/you on that.
So with talking about the Daily & Weekly we have to go to the Monthly.
Yes, the driving factor i'd say...
There are a number of "edges" to pull out from this bad-boy. I hate to share all of them,
mainly due to time's sake at the moment. I've got to grab a nap before 10-12 hr shift.
But Price-Action Context, even here on the "Monthly" has to be take into consideration.
The pull-back has been "little". And if this is a Wave-4 going lateral- when she breaks
that chain-mail of the Ichimoku, it will be nice.
I personally wanted a greater pull-back weeks and month's ago- who knows?
Maybe it will & can still happen & we are "prepping for that fall"?
But i also see the potential for North's / or Long's in the bigger scheme of things.
P.S. My Numbering out of this Run, from 5 Down, can be skewed. But that big run on the weekly,
cannot be denied & tends to lean towards that, being your wave-3, UP, out of the Suck-
But "You make the call", (obviously)
Good skinny on going towards the bigger TF's. She may not leave that cloud for "North",
At the moment... We shall see.
Best of Pipping,
Jeff... Some things to gaze at...
I will work to Objectively Identify my Edges
- #592,815
- May 4, 2021 4:55am May 4, 2021 4:55am
- Joined Mar 2021 | Status: Crazy Frog | 3,775 Posts
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
- #592,816
- May 4, 2021 5:28am May 4, 2021 5:28am
- Joined Aug 2010 | Status: Trader | 5,359 Posts
{quote} It's good you went that way babay... (Going uP to 4hr, Daily & Weekly)... That's really where you (aka: we) wanna go w/things. So let's talk about it. Yeah, I'd say it's trapped on the Daily, in somewhat of the edge of "the net", shall we say? -Like a fish not making it past the stiff-edge of the net or the fishermen's hands? So, I see that, and would agree w/you on that. So with talking about the Daily & Weekly we have to go to the Monthly. Yes, the driving factor i'd say... There are a number of "edges" to pull out from this bad-boy. I...
but monthly analysis on Ichimoku, it's pleasure for me..,
let's look
the only thing.., I do not add any other indicator on this chart, I like it as it is
we do analysis trying to prepare ourselves for possible move and not for anything else
enjoy my view
dolce vita
{quote} I hate to guess, but monthly analysis on Ichimoku, it's pleasure for me..,
It's useless to do a technical analysis.
Trade the Martingale way.
ServerUang
- #592,819
- May 4, 2021 5:50am May 4, 2021 5:50am
- Joined Aug 2010 | Status: Trader | 5,359 Posts
{quote} Today's trading situation for the GU pair is "PingPong". It's useless to do a technical analysis. Trade the Martingale way. ServerUang
imo today it needs to be reply to yesterday move ( at least 100 pips in one direction )... or 1.3980 or 1.3780
let's see
P.S. holding my sell for now ( cable, gj, gold )
dolce vita
- #592,820
- May 4, 2021 5:51am May 4, 2021 5:51am
- Joined Aug 2010 | Status: Trader | 5,359 Posts
dolce vita