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Cable Update (GBPUSD)

  • #657,161
  • Apr 26, 2022 12:48pm Apr 26, 2022 12:48pm
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  • #657,162
  • Apr 26, 2022 1:01pm Apr 26, 2022 1:01pm
Quoting Wavegarrick
{quote} Test the water buy trade opened at 1.2600 for a 50 pip target at 1.2650. Tight s/loss of 25 pips. I could be wrong. Cheers. {image}

1.2573 is s2 OF YEARLY Pivot

SU
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  • #657,163
  • Apr 26, 2022 1:03pm Apr 26, 2022 1:03pm
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the two tails to the left was a start of a tl even thou we had a doji top on the weekly if you look at the top right we’re price broke out and confirmed to the high .. normally means it’s going to short for me . That when I have been shorting from and even in sept last years post I was calling 2450 are 2235 is also a tl attraction area . 2980 is a possible pull back number to confirm
  • #657,164
  • Apr 26, 2022 1:04pm Apr 26, 2022 1:04pm
PLAY YOUR OWN TRADE
  • #657,165
  • Apr 26, 2022 1:12pm Apr 26, 2022 1:12pm
Quoting ServerUang
{quote} The TREND is YOUR FRIEND SU {image}
What indicator do you used?can you share?
  • #657,166
  • Apr 26, 2022 1:13pm Apr 26, 2022 1:13pm
Hahaha tradeing is so sweet this days
Trade what u see not what you tink
Tradeing is not your mate
  • #657,167
  • Apr 26, 2022 1:20pm Apr 26, 2022 1:20pm
Closed gbpchf long and have gone short
  • #657,168
  • Apr 26, 2022 1:21pm Apr 26, 2022 1:21pm
Reminder for everyone that tommorow is THE DAY or NIGHT to stay awake for. GBP/JPY for a few hundred pips. Good luck to us all tommorow! Let us see what kind of fate awaits JPY.
  • #657,169
  • Apr 26, 2022 1:30pm Apr 26, 2022 1:30pm
Quoting Learner-xx
When retail traders buy GU, I sell. I do not want to be greedy, I will go to bed now. Thtas enough for today, I will milk again tomorrow. {image} {image} {image}
Nice trades, well done!
  • #657,170
  • Apr 26, 2022 1:30pm Apr 26, 2022 1:30pm
Pound fell around 200 pips today vs JPY. Either banks are going for short to have a better price to go long or they are already "preparing" for a sharp fall.
  • #657,171
  • Apr 26, 2022 1:34pm Apr 26, 2022 1:34pm
Quoting elbert3
{image} the two tails to the left was a start of a tl even thou we had a doji top on the weekly if you look at the top right we’re price broke out and confirmed to the high .. normally means it’s going to short for me . That when I have been shorting from and even in sept last years post I was calling 2450 are 2235 is also a tl attraction area . 2980 is a possible pull back number to confirm
Another important support at 1.2558, price will get to 1.3150 before it will get to 1.2235 if it will ever get there this year... I still expect 1.3775 this August 2022 though. As it stands we are 85% close to the yearly low, arguably 100% complete at this 1.25 level.
Data + Stat + Risk/Emotions Management
  • #657,172
  • Apr 26, 2022 1:38pm Apr 26, 2022 1:38pm
Quoting Georginson
{quote} Another important support at 1.2558, price will get to 1.3150 before it will get to 1.2235 if it will ever get there this year... I still expect 1.3775 this August 2022 though. As it stands we are 85% close to the yearly, arguably 100% complete at this 1.25 level.
I hope u are right...otherwise I'm gonna blow this account
2k DD on a 7k account...not good

If I get out of this mess I'm gonna trade with tight stops..lol
  • #657,173
  • Apr 26, 2022 1:47pm Apr 26, 2022 1:47pm
Gbpusd should continue down currently
  • #657,174
  • Apr 26, 2022 1:50pm Apr 26, 2022 1:50pm
Gold should continue downwards currently
  • #657,175
  • Apr 26, 2022 2:20pm Apr 26, 2022 2:20pm
Quoting nAVIN2007
{quote} I hope u are right...otherwise I'm gonna blow this account 2k DD on a 7k account...not good If I get out of this mess I'm gonna trade with tight stops..lol
So you are LONG the Cable? Why in the world would anyone be long? Tight stops are not the answer...GTFO of horrible losers way before they become horrible losers

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Plan, Prepare, Execute, Repeat
  • #657,176
  • Apr 26, 2022 2:37pm Apr 26, 2022 2:37pm
Quoting swingtrade65
{quote} So you are LONG the Cable? Why in the world would anyone be long? Tight stops are not the answer...GTFO of horrible losers way before they become horrible losers {image}
Well, thats a helpful comment...
Markets will move to the right.
  • #657,177
  • Apr 26, 2022 2:41pm Apr 26, 2022 2:41pm
Quoting FraterRedox
{quote} Well, thats a helpful comment...
If you only had any idea of how true the last part is you wouldn't be trying to be snarky......The point is, when you are WRONG, GTFO. If he is to the point of making promises etc etc then the position has him over a barrel and the only course of action is to GTFO! STOP losing money immediately...how is this a bad comment? Best advice he has been given this year probably.
Plan, Prepare, Execute, Repeat
  • #657,178
  • Apr 26, 2022 3:03pm Apr 26, 2022 3:03pm
Quoting nAVIN2007
{quote} I hope u are right...otherwise I'm gonna blow this account 2k DD on a 7k account...not good If I get out of this mess I'm gonna trade with tight stops..lol
O no Nav I remember when it was up there and you had that problem but in reverse. Hope you can trade it out Good luck mate
  • #657,179
  • Apr 26, 2022 3:05pm Apr 26, 2022 3:05pm
this mf is still bearish
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yes yes yes
  • #657,180
  • Apr 26, 2022 3:14pm Apr 26, 2022 3:14pm
Quoting Nd10
Max For Dxy for Now Is 102.300.. That's what i see
Done. It's about time for retracement to 99 area. Wrong or right
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