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Cable Update (GBPUSD)

  • #656,101
  • Apr 13, 2022 1:43pm Apr 13, 2022 1:43pm
Quoting Houtbay
Gold hoping to sell at 1985
watch 4 hour close it might end with doji ,,,long shot thou
  • #656,102
  • Apr 13, 2022 1:54pm Apr 13, 2022 1:54pm
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 24 KB
yes yes yes
  • #656,103
  • Apr 13, 2022 1:54pm Apr 13, 2022 1:54pm
Now the upward ,move that everyone has been waiting for except that it came when they had given up, so now most people did not buy today thinking, no no no, its not going anywhere again like yesterday and theday before
Executing trades with precision!!
  • #656,104
  • Apr 13, 2022 1:56pm Apr 13, 2022 1:56pm
As I predicted and said weeks before GBP will be @.34 very soon
  • #656,105
  • Apr 13, 2022 2:10pm Apr 13, 2022 2:10pm
Quoting Learner-xx
Now the upward ,move that everyone has been waiting for except that it came when they had given up, so now most people did not buy today thinking, no no no, its not going anywhere again like yesterday and theday before
They have to hit long stops first
  • #656,106
  • Apr 13, 2022 2:20pm Apr 13, 2022 2:20pm
Quoting Whale
How long we will stay in this range… yak.
Seems d bulls won today
  • #656,107
  • Apr 13, 2022 2:20pm Apr 13, 2022 2:20pm
Quoting Learner-xx
Now the upward ,move that everyone has been waiting for except that it came when they had given up, so now most people did not buy today thinking, no no no, its not going anywhere again like yesterday and theday before
Thought ur a seller till 1.26?
  • #656,108
  • Apr 13, 2022 2:40pm Apr 13, 2022 2:40pm
Quoting Learner-xx
Now the upward ,move that everyone has been waiting for except that it came when they had given up, so now most people did not buy today thinking, no no no, its not going anywhere again like yesterday and theday before
Closed my short position yesterday, but was about to close second one in the morning, when it reached the low. My gut was telling me to close.
Profits lost, still +13, but gutted. Wanted 129.20. Nevermind, next time. Dollar weak today.
  • #656,109
  • Apr 13, 2022 2:45pm Apr 13, 2022 2:45pm
Quoting Nd10
{quote} Thought ur a seller till 1.26?
No. I dont hold trades overnight, I take trades every morning @ London open depending on what setup I see and I close them by day end. Last trade on GU was on April 8. Yesterday and the day before was just ranging, so i didn't get a sell setup for entry. Went long on GBPAUD today but I didn't think GU will also be rising this day. I wanted it to leave the range.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (4318).png Size: 103 KB
Executing trades with precision!!
  • #656,110
  • Apr 13, 2022 2:51pm Apr 13, 2022 2:51pm
Quoting Jolita
{quote} Closed my short position yesterday, but was about to close second one in the morning, when it reached the low. My gut was telling me to close. Profits lost, still +13, but gutted. Wanted 129.20. Nevermind, next time. Dollar weak today.
Ooh no. Your sell still on? Well I've always been a buyer. Offloaded some of my buys and hoped sincerely for 1.295 and slightly below,, even 1.28 area to pump in more buys. Alas, market did what it wanted. I have always been biased till 1.34 - 1.36 area. Hoped for a 500 pips swing. Buy isn't totally confirmed for me though it seems like the buyers have woken up. GBP data earlier was so good, yet it dipped.
I must stop this near perfection for entries and follow my guts full time. Dxy might hit 100 again before tanking
  • #656,111
  • Apr 13, 2022 2:53pm Apr 13, 2022 2:53pm
Quoting Learner-xx
{quote} No. I dont hold trades overnight, I take trades every morning @ London open depending on what setup I see and I close them by day end. Last trade on GU was on April 8. Yesterday and the day before was just ranging, so i didn't get a sell setup for entry. Went long on GBPAUD today but I didn't think GU will also be rising this day. I wanted it to leave the range. {image}
Nice to know. Cheers
  • #656,112
  • Apr 13, 2022 2:59pm Apr 13, 2022 2:59pm
Quoting Jolita
{quote} Closed my short position yesterday, but was about to close second one in the morning, when it reached the low. My gut was telling me to close. Profits lost, still +13, but gutted. Wanted 129.20. Nevermind, next time. Dollar weak today.
Yeah don't beat yourself, it happens. I do it sometimes too. Like I would have a 50 pips target and when I'm about 40 something pips, I remove my TP hoping price will continue going up and guess what, price reaches 58 pips and reverses and then I come back to 22 pips
Executing trades with precision!!
  • #656,113
  • Apr 13, 2022 3:43pm Apr 13, 2022 3:43pm
Quoting Jolita
What is the reason of the spike today?
Nothing. It's been in the works for a long time. It couldn't break that 29xx and so had to go up. I think the monthly pivot at 3195 is coming.
  • #656,114
  • Edited 5:06pm Apr 13, 2022 4:23pm | Edited 5:06pm
Quoting Nd10
{quote} Ooh no. Your sell still on? Well I've always been a buyer. Offloaded some of my buys and hoped sincerely for 1.295 and slightly below,, even 1.28 area to pump in more buys. Alas, market did what it wanted. I have always been biased till 1.34 - 1.36 area. Hoped for a 500 pips swing. Buy isn't totally confirmed for me though it seems like the buyers have woken up. GBP data earlier was so good, yet it dipped. I must stop this near perfection for entries and follow my guts full time. Dxy might hit 100 again before tanking
Thats it, I am out of all GU. My gut was right again, but kept to a principal. Ahhh, ok. Will re-review chart, as not convinced buying yet.
So much nonsence its happening in politics with Boris and Chancellor affairs.
Cost of living is going up. Today's figures didn't include increase in fuel price. Inflation is much higher.
  • #656,115
  • Apr 13, 2022 4:24pm Apr 13, 2022 4:24pm
Quoting Mitiblotch
{quote} Nothing. It's been in the works for a long time. It couldn't break that 29xx and so had to go up. I think the monthly pivot at 3195 is coming.
All GBP pairs were up today. Seems like 132 will re-test.
  • #656,116
  • Apr 13, 2022 4:35pm Apr 13, 2022 4:35pm
Quoting Learner-xx
{quote} Yeah don't beat yourself, it happens. I do it sometimes too. Like I would have a 50 pips target and when I'm about 40 something pips, I remove my TP hoping price will continue going up and guess what, price reaches 58 pips and reverses and then I come back to 22 pips
I am used to this, happens quite often. Trades been good so far. Working on my risk management, good feeling to leave trade with positive sl, as no matter what, risk is limited. Good luck
  • #656,117
  • Apr 13, 2022 4:43pm Apr 13, 2022 4:43pm
Quoting trumps
I thought USD would stall here and reverse a bit off resistance, but with the war rhetoric only getting worse, I'm wondering if it will complete it's ABCD pattern {image}
or it might reverse
Attached Image (click to enlarge)
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Compulsions can be hard to resist
  • #656,118
  • Apr 13, 2022 4:58pm Apr 13, 2022 4:58pm
no retest
strait up
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 20 KB
yes yes yes
  • #656,119
  • Apr 13, 2022 5:59pm Apr 13, 2022 5:59pm
Looks to me to be heading back to 1.32 region before more down.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 12 KB
Compulsions can be hard to resist
  • #656,120
  • Apr 13, 2022 6:19pm Apr 13, 2022 6:19pm
Quoting kris89
{quote} Still on range. That why i scalp buy sell. Price broke 1.30200 and tested 1.30500 but with slow move. Possible lost steam and down again. Or could close daily candle above 1.30700
Good price move. My scalp sell out and long taken as night was a good momentum
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
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