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Cable Update (GBPUSD)

  • #592,921
  • May 4, 2021 3:00pm May 4, 2021 3:00pm
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  • #592,922
  • May 4, 2021 3:02pm May 4, 2021 3:02pm
Last weeks USD Hammer likely to take it to high 91's - low 92's.

GU daily candles historical dance around 3917 area
Currently a hanging man, could easily see 3735 again.
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Compulsions can be hard to resist
  • #592,923
  • May 4, 2021 3:10pm May 4, 2021 3:10pm
Quoting babayaga
cable&gj closed partially few position still left (sell)
Bro, unbelievable the way of GJ! What a pity, I cutloss she before she is falled.
  • #592,924
  • May 4, 2021 3:15pm May 4, 2021 3:15pm
What a crazy day it was! I thought i was wrong about my long position first (especially when it went down very fast) but it recovered and probably it was just a buy opportunity for the big guys. I hope it takes off soon though i really don't want to wait any longer ( i probably will )
You have to have an IQ higher than 90 to interact with this user.
  • #592,925
  • May 4, 2021 3:54pm May 4, 2021 3:54pm
Have a great evening folks! I have very TP to see 13980 incase we see a rise overnight. Still not sure where GU is going as trend lines are not being followed
Insane in the Brain..
  • #592,926
  • May 4, 2021 3:55pm May 4, 2021 3:55pm
GBPUSD's long march higher since February 2020 still looks intact, with a staggering climb of 2800 pips. However, we have been hovering around 1.38-1.42 for most of this year.
I would expect that at some point, the march up continues as the UK emerges from Covid-19 lockdown. I would only be looking for longs, therefore, with targets of 1.40 and 1.41.
  • #592,927
  • May 4, 2021 5:05pm May 4, 2021 5:05pm
Quoting Nordling00
What a crazy day it was! I thought i was wrong about my long position first (especially when it went down very fast) but it recovered and probably it was just a buy opportunity for the big guys. I hope it takes off soon though i really don't want to wait any longer ( i probably will )
sounds like you are in two minds with bullish sentiment? good brit data tomorrow night, then NFP the following night, if you get it wrong you will get burnt, my suggestion is "wait" (on your bullish sentiment) until the releases above have settled, direction should be clear by then, 1 4000 - 13700 is present range weekly trend is bull, daily is ranging east, last friday printed bearish doji, monday dumped, encompassing 7 daily candles, tuesday has printed LH LL yesterday has just printed inside bar, range trading is sell 1.4 buy 1.37 doing either in mid range is crazy!!!!!!
If you are new to Forex? Say Goodbye to your account!!
  • #592,928
  • May 4, 2021 7:26pm May 4, 2021 7:26pm
Quoting kris89
IMO , Price will ranging 1.39000 - 1.38500 , if we lucky enough price close between it , ill seek buy on wednesday when price make a momentum up again
Today was the day. And the price close between it
1.38500 is my pinpoint area if the price manage to get there
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #592,929
  • May 4, 2021 7:41pm May 4, 2021 7:41pm
Good morning pips..
Staysafe bull only today
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  • #592,930
  • May 4, 2021 9:05pm May 4, 2021 9:05pm
Quoting Ihlas
Will Buy at the 1.38500 Target 1.39100

TP hit

Quoting Ihlas
Will sell from 1.39150 Target 1.38400

Sold 1.39100
  • #592,931
  • Edited 10:20pm May 4, 2021 9:47pm | Edited 10:20pm
Quoting Ihlas
{quote} TP hit {quote} Sold 1.39100
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yes yes yes
  • #592,932
  • May 4, 2021 10:21pm May 4, 2021 10:21pm
Quoting Moty
{image}{image} {quote}
1.39250 area watch - may be a bear there , cause price slide slowly to top , its can be a signal for bear to eat all that gain today
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #592,933
  • May 4, 2021 10:22pm May 4, 2021 10:22pm
is there anybody that experience something similar ?
there is no breaking news right now , strange
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yes yes yes
  • #592,934
  • May 4, 2021 10:26pm May 4, 2021 10:26pm
Quoting Moty
is there anybody that experience something similar ? there is no breaking news right now , strange {image}
sometimes from broker can do that spike , ive experience that
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #592,935
  • May 4, 2021 10:33pm May 4, 2021 10:33pm
Quoting Moty
is there anybody that experience something similar ? there is no breaking news right now , strange {image}
Fake broker
  • #592,936
  • May 4, 2021 10:35pm May 4, 2021 10:35pm
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Outlook still bullish , but im expect some pullback after hitting 1.39250 area before break out , need that impulse breakout for confirm continues
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #592,937
  • May 4, 2021 10:49pm May 4, 2021 10:49pm
Good Day Guys...
Hope for the best today!
I am still follow the last trend by RenkoChart. Its still working

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  • #592,938
  • May 4, 2021 10:56pm May 4, 2021 10:56pm
GBP/USD 5m Chart
M5 Resistance C 1.39131
M15 Resistance C 1.39130
M30 Resistance C 1.39129

its getting stuck here

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  • #592,939
  • May 4, 2021 11:07pm May 4, 2021 11:07pm
whats going on here? any views?

Its not because of Tokyo and Beijing off for sure.

Edit: and its still hapenning. From my understanding this implies that the liquidity providers of the brokers are expecting high uncertainty for some reason. there was some talk of bubbles yesterday i believe.
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  • #592,940
  • May 4, 2021 11:10pm May 4, 2021 11:10pm
Quoting goldfish3
whats going on here? any views? Its not because of Tokyo and Beijing off for sure. {image}
its the Broker issue bro.. Server side issue.. anyway watch out..
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