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Cable Update (GBP/USD) without Idiots 23 replies

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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

Hello friend, hope you had a nice trading day and ready for tomorrow's breakout trade? as sentiment remains bullish and Thursday's target price risen above 1.3684 now. Cable since yesterday have been on the defensive as bids rose to 1.3566 level above Tuesday's selling target of 1.3436, and today bid at 1.3541 could not be reached as enthusiasm grows leaving price to settle at day's low of 1.3590 midway between the Asian session high of 1.3643 and - 1.3541 projected Wednesday's low. what's next?we have reported severally that would cable not test the week's target @1.3775 and finally resistance @ 1.3823? to declare it bullish/bearish week? you font have to miss this move up.
Who actually traded this move? , because a lot of chit chat after as always

Are we here to trade or just talk a lot about after the event?

Post your chart your timeframe your explanation for the trade etc before the fact , that is all that is needed
Follow The Markets Structure - Patience and Discipline
Gbpusd is currently coming to the end of its upswing at 1.37500. The rest of the week will be a correction downwards.
first out with loss (not much)
and
selling again.., I want 1.3670!!!
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dolce vita
Quoting Jolita
{quote} Mire likely profit taking
True
“If you want to draw a bird, you must become a bird” - Hokusai
Quoting pipfarm
Who actually traded this move? , because a lot of chit chat after as always Are we here to trade or just talk a lot about after the event? Post your chart your timeframe your explanation for the trade etc before the fact , that is all that is needed
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Started buying on 1.3630-40, on breakout of middle channel, following yesterday confusion with the pandemic uK speech.

us oil inventories suportes the cable rise

overall +65pips on multiple trades closed all for +140%, a couple hours of trading.
Attached Image (click to enlarge)
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Quoting pipfarm
Who actually traded this move? , because a lot of chit chat after as always Are we here to trade or just talk a lot about after the event? Post your chart your timeframe your explanation for the trade etc, that is all that is needed
The chit chat is most of the time traders with underwater trades from 1.38
Inglorious scalper
Short from 1.371x, fingers crossed.
Quoting pipfarm
Who actually traded this move? , because a lot of chit chat after as always Are we here to trade or just talk a lot about after the event? Post your chart your timeframe your explanation for the trade etc before the fact , that is all that is needed
I caught the whole move and I also shared it...
Whatever it takes…
Quoting gatenio
{quote} The chit chat is most of the time traders with underwater trades from 1.38
lol that’s me still dreaming of maheees 5000% rise to 1.5
I was just curious to know can anyone answer me , before 2 hours of daily candle closure ,there are more gaps created on 1min time frame , why is it so?
Quoting BeeTogether
{quote} lol that’s me still dreaming of maheees 5000% rise to 1.5
Yes, BeeTogether I agree with you.
Lets wait and see, sneeky cable has unfunished business, especially when everyone is shorting.

Pipfarm,
Whats the point in sharing same charts 5 x times a day, we all have? We trade different. I trade from phone, working also, rarely use pc, can't do match with charts due to limited space.

Gatenio, I hold trades since 1.4, so what is your problem? Nit everyone is a scalper.
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Once again we have less volume in the pullback, which is usual, but lower volume on the high. Rising on falling volume. Not talking about after the fact but what is happening now. I think this is a double top and will look to short but obviously this is my opinion only and could be wrong. Will wait for confirmation and hope to catch some pips on the way down if correct. Not preemptively.
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“If you want to draw a bird, you must become a bird” - Hokusai
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that was this morning look . Nearly there
Since we are here to trade, where is Buy/Sell buttons, please?
HIMARS o'clock
Quoting mysterio
Yea we tapped into supply up here, enough to get a reaction anyway. See if it causes anything. Locking in v quickly, any funny business i'm out {image}
Out BE, revisit tomorrow

Stong bulls, seems more like a reversal to me based on the DXY situ, been expecting the reversal to kick in there for a wk or two. Not sure.
Quoting Georginson
{quote} This correction is imminent for another fall to happen. This correction should end between 1.3730 - 1.3770 before another fall to 1.35 again.
I would think it looks that way
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Good Vibes - In charts we trust
Pulchra All Time Return: -88.4%
3734 ish is 50% fib number 3775 61.8% fib so careful up here also 4 hour chart 50 ema
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