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Cable Update (GBPUSD)

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  • Post #655,781
  • Quote
  • Apr 8, 2022 11:22am Apr 8, 2022 11:22am
  •  Waveskierrob
  • Joined May 2020 | Status: Best trader ever to have lived 4.0 | 4,770 Posts
Quoting Waveskierrob
Disliked
BUY @ 1.3030 no sl no tp
Ignored
BUY closed 1.3025 -5 ....total +67 minus 30 =+37....only want 8 pips today but it goes like that sometimes, have a good weekend all
Soon To Be Temporarily Suspended Again
 
1
  • Post #655,782
  • Quote
  • Apr 8, 2022 11:44am Apr 8, 2022 11:44am
  •  Nd10
  • Joined Mar 2019 | Status: Member | 1,374 Posts
Quoting Waveskierrob
Disliked
{quote} BUY closed 1.3025 -5 ....total +67 minus 30 =+37....only want 8 pips today but it goes like that sometimes, have a good weekend all
Ignored
8 pips today? That mean your lots are quite heavy
 
 
  • Post #655,783
  • Quote
  • Apr 8, 2022 11:49am Apr 8, 2022 11:49am
  •  mysterio
  • Joined Sep 2009 | Status: Member | 5,486 Posts
took a 10xR zero drawdown in the afternoon. Reversal after GBP/USD filled the daily range. We took out the yearly low, clearing out a bunch of stops. After the daily range was filled we spent some time forming an accumulation on a fresh untested H4 demand from nov 2020. We broke out and retested an imbalance 0x20, then the rest of the afternoon was a rocket ship to institutional level 1.3020, except for some volatility at London fix.
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4
  • Post #655,784
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  • Edited 12:05pm Apr 8, 2022 11:55am | Edited 12:05pm
  •  Moty
  • Joined Dec 2017 | Status: Member | 21,610 Posts
dx with a maybe false break
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come on gu , take mt to the moon
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this eur/aud is fure golden pai , how could i missed it all this time
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  • Post #655,785
  • Quote
  • Apr 8, 2022 12:01pm Apr 8, 2022 12:01pm
  •  Waveskierrob
  • Joined May 2020 | Status: Best trader ever to have lived 4.0 | 4,770 Posts
Quoting Nd10
Disliked
{quote} 8 pips today? That mean your lots are quite heavy
Ignored
maybe , but lot size should be inline with your bank, strategy and patience, bigger the bank the more patience you find yourself having
Soon To Be Temporarily Suspended Again
 
4
  • Post #655,786
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  • Apr 8, 2022 12:06pm Apr 8, 2022 12:06pm
  •  Mitiblotch
  • Joined Sep 2017 | Status: Member | 7,262 Posts
I am not going to fall for any buy today. As usual, later in the day they will drag proce down again. Not buying!
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
 
1
  • Post #655,787
  • Quote
  • Apr 8, 2022 12:36pm Apr 8, 2022 12:36pm
  •  Kimmymore
  • Joined Jan 2019 | Status: Member | 687 Posts
Quoting kimmymore
Disliked
gu down >>>>> 1.29961 buy..................1.32222. https://i.imgur.com/vjpsuoi.jpg
Ignored


too sweet.

Now we are waiting for tp = 1.32222.
 
1
  • Post #655,788
  • Quote
  • Apr 8, 2022 12:53pm Apr 8, 2022 12:53pm
  •  Moty
  • Joined Dec 2017 | Status: Member | 21,610 Posts
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  • Post #655,789
  • Quote
  • Apr 8, 2022 12:56pm Apr 8, 2022 12:56pm
  •  Reverso
  • Joined Apr 2022 | Status: Member | 516 Posts
Alright, this GU is getting into my nerves now, almost hit TP then reverse like a chad...
Not yet hit SL, but not looking good at the moment, when will this ugly price action patterns stop?
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GBPUSD only, M15 timeframe only. Fixed SL (-2.50%) & TP (+3.75%), R/R: 1.5x
 
2
  • Post #655,790
  • Quote
  • Apr 8, 2022 2:46pm Apr 8, 2022 2:46pm
  •  Mitiblotch
  • Joined Sep 2017 | Status: Member | 7,262 Posts
Anyobody expecting gap up over the weekend? Like I earlier said, the low has been taken out and now we seek buys at least for a lower high. I'll wait till Monday.
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
 
4
  • Post #655,791
  • Quote
  • Apr 8, 2022 3:11pm Apr 8, 2022 3:11pm
  •  Moty
  • Joined Dec 2017 | Status: Member | 21,610 Posts
started with 120 @ loss from 270 $ equity to 150 $
from there made a nice comeback to end it with a 115 $ profit for the all day to finish with 383 $ equity , first on the euraud , and then on the crooky gu
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5
  • Post #655,792
  • Quote
  • Apr 8, 2022 7:04pm Apr 8, 2022 7:04pm
  •  trumps
  • Joined Mar 2020 | Status: Member | 2,436 Posts
Channeling Cable.
Looks like more down
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Good Vibes - In charts we trust
Pulchra All Time Return: -88.4%
 
1
  • Post #655,793
  • Quote
  • Apr 8, 2022 7:13pm Apr 8, 2022 7:13pm
  •  trumps
  • Joined Mar 2020 | Status: Member | 2,436 Posts
Looks like a target zone on the monthly
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Good Vibes - In charts we trust
Pulchra All Time Return: -88.4%
 
 
  • Post #655,794
  • Quote
  • Apr 8, 2022 7:32pm Apr 8, 2022 7:32pm
  •  crow
  • Joined Sep 2013 | Status: Member | 354 Posts
Fibo 123.6 — > 76.4

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3
  • Post #655,795
  • Quote
  • Apr 9, 2022 8:18am Apr 9, 2022 8:18am
  •  apin85
  • | Joined Dec 2019 | Status: Member | 101 Posts
There is a potential that price would bounce from yesterday low extreme H4 to 1.32low D1 level.
Can only be confirmed with H1 at the moment with losing momentum.

From D1, whether it's 1.32 low or higher, should be taken to follow another sell trend.
For me this could be the potential way to 1.28low as D1 flat to resist now.
 
 
  • Post #655,796
  • Quote
  • Apr 9, 2022 12:15pm Apr 9, 2022 12:15pm
  •  JereMi256
  • Joined Nov 2021 | Status: 2Yrs livexperience | 807 Posts
Quoting Georginson
Disliked
{quote} Thanks Leon, I absolutely agree we will see 1.35 this second quarter. {quote} My immediate target is 1.34 and extended target if 1.2850 stays unbroken will be 1.3550.
Ignored
Following your hints closely, so insightful Baba!
The coming week pauses more clues after failing a daily close below the physicological level @1.3000, strong signal for bull power.
Looking for the ...
 
1
  • Post #655,797
  • Quote
  • Apr 10, 2022 9:02am Apr 10, 2022 9:02am
  •  mysterio
  • Joined Sep 2009 | Status: Member | 5,486 Posts
Bullish for next week im looking to buy the dip next week

First thing may be a short though below Fri low
 
1
  • Post #655,798
  • Quote
  • Apr 10, 2022 9:05am Apr 10, 2022 9:05am
  •  Georginson
  • Joined Aug 2018 | Status: Veteran | 3,347 Posts
Quoting Georginson
Disliked
Hello guys, it's finally goodbye to the eventful March and I'm glad it played out almost exactly as expected with 1.3000 being maintained as March Low. Below is my forecast for April 2022 1.2950 ^ 1.3400/1.3550 Remember, money management surpasses all forms of analysis. Wish everyone a successful April 2022 trading. Trade with utmost caution. Cheers, George. {image}
Ignored
Important Note:
Should price touch 1.2795 this April it will invalidate 1.3300 and provoke a further crash to 1.2670 in the near term. If this scenario occurs, bounce will be limited to 200 - 300 pips from whichever low it touches.

Repeatable price for safe buying this April is between 1.2850/1.2960 zone. This means, even if price crashes to 1.27/1.26 area, the entries from 1.28/1.29 will still break even.

Massive caution is required This April.

Cheers,
George.
Swing and Intraday
 
8
  • Post #655,799
  • Quote
  • Apr 10, 2022 12:16pm Apr 10, 2022 12:16pm
  •  Jolita
  • Joined Jan 2012 | Status: Unlimited | 3,139 Posts
Read the article in todays Sunday Times papers. Thought to share digital version with you.

https://www.thetimes.co.uk/article/t...ves-wm5nbjwdm#
 
1
  • Post #655,800
  • Quote
  • Apr 10, 2022 1:30pm Apr 10, 2022 1:30pm
  •  Nd10
  • Joined Mar 2019 | Status: Member | 1,374 Posts
Quoting nd10
Disliked
{quote} that value is actually the year support s1. It already hit yearly pivot at 1.3649 and went extra by 100 pips 1..3749 and dropped 700 pips just between january and this march. What if it happens with this support, that means, we may yet see 1.295 and then pump up back to 1.36 area. Just wondering. Well my tp remains 1.34 to 1.36.. I pray i have the patience though as i always goof
Ignored
still seems to be playing out. 30 pips shy of 1.295. Buys already waiting there. Still targeting same 1.34 to 1.36. Very patient
 
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