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Cable Update (GBPUSD)

  • #657,181
  • Apr 26, 2022 3:18pm Apr 26, 2022 3:18pm
The DXY isn’t that far off an almost 20 year high.
  • #657,182
  • Apr 26, 2022 3:24pm Apr 26, 2022 3:24pm
Quoting Bainbrito
{quote} Hi Mysterio, I have been working on this aspect of my trading a lot recently and have shared the general approach I take below. It is a sheet I wrote for myself so please bear that in mind, I know you can calculate odds! Nevertheless I hope this helps with their risk management plan and helps anyone here who thinks trading is about predicting price more than it is about controlling risk. General guidelines to limit risk: 1. Always follow the trend (never predict tops or bottoms on any timeframe unless trading a range) 2. Calculate Odds -...
Great to hear from you Bainbrito, thank you so much for this detailed response! Gonna take a while to digest! It's so much appreciated. Gonna DM you.
  • #657,183
  • Apr 26, 2022 3:28pm Apr 26, 2022 3:28pm
Quoting mysterio
{quote} Done ! Hope everyone had a good result I don't see us going much past 1.26 for now. Some ranging and a correction. I will scalp the PA tomorrow and try not to have bias
1.2570ish for the turnaround. Good luck all. If there's a low created watch for a stop hunt and buy, IMHO
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  • #657,184
  • Apr 26, 2022 3:31pm Apr 26, 2022 3:31pm
Checking waves before sleep , still bearish little but likely little bounce possible with correction usdx before bull resume next day perhaps. No good match though! 2575 +-may stop for now! Take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #657,185
  • Apr 26, 2022 4:27pm Apr 26, 2022 4:27pm
Expect to see a bullish run… @ .2500
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  • #657,186
  • Edited 5:33pm Apr 26, 2022 5:18pm | Edited 5:33pm
Catastrophe for the Pound.

Fib 0.618 inview. "Most likely" 1.2490 before the end of the week. H12 TF.
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Grit; Knowledge; Right Mindset; All you need to overcome. KIS!
  • #657,187
  • Apr 26, 2022 5:42pm Apr 26, 2022 5:42pm
Quoting pipibrasci
Catastrophe for the Pound. Fib 0.618 inview. "Most likely" 1.2490 before the end of the week. H12 TF. {image}
BXY vs DXY (structure) D1 TF
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Grit; Knowledge; Right Mindset; All you need to overcome. KIS!
  • #657,188
  • Apr 26, 2022 5:44pm Apr 26, 2022 5:44pm
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  • #657,189
  • Apr 26, 2022 6:02pm Apr 26, 2022 6:02pm
Quoting pipibrasci
Catastrophe for the Pound. Fib 0.618 inview. "Most likely" 1.2490 before the end of the week. H12 TF. {image}
At last a technical reason
  • #657,190
  • Apr 26, 2022 6:03pm Apr 26, 2022 6:03pm
DXY (manipulations a its finest). "likely" to pause the aggressive trend for now as the Pound (BXY still has some unfinished business to do .. breakout of Support/Trendline..).

USDGBP D1. (reverse chart)
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Grit; Knowledge; Right Mindset; All you need to overcome. KIS!
  • #657,191
  • Apr 26, 2022 7:48pm Apr 26, 2022 7:48pm
add buy - 1.2570
Together we can be strongest
Vantage Return This Month: na
  • #657,192
  • Apr 26, 2022 8:52pm Apr 26, 2022 8:52pm
Quoting kris89
Adr low hitted buy @1.26200 area
these position taken by SL , price do the hard way to get in 1.25600 area quite stubborn , with these move , just buy dip , correction may occur at least to 1.3000 area


for today , as price keep above 1.25700 and go far away , we may see at least 1.29600-1.3000 area in these week/next week
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #657,193
  • Apr 26, 2022 9:36pm Apr 26, 2022 9:36pm
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"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #657,194
  • Apr 26, 2022 10:03pm Apr 26, 2022 10:03pm
Quoting kris89
{image}
seem we will direct down again to 1.25000 area before real bull taken
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #657,195
  • Apr 26, 2022 10:38pm Apr 26, 2022 10:38pm
no sign of bull power , even these dip , the bear momentum keep press down the price , in these case , when the bear exhaust we will see a really huge movement correction if these find the bottom
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #657,196
  • Apr 27, 2022 12:07am Apr 27, 2022 12:07am
Sometimes the market gets really boring. I prefer Sharp to move up or down, but now it moves very slowly. The last buy is done. I did it based on my analysis that all MACD are saturated in all time frames. Maybe I'm wrong. In the 1.3000 area, there is both a liquidity V and a price gap. It remains to be seen whether the price can fill it. It always fills the market, but I may be wrong .... I'm sorry for the awful English
There is nothing wrong with being kind & loving to each other
  • #657,197
  • Apr 27, 2022 12:10am Apr 27, 2022 12:10am
in the case of close month , price wont go more higher as we in lower ,
so i`m seeking buy to 1.26350 and sell to 1.25700 buy low sell high

50 pip range will do until end of month
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #657,198
  • Apr 27, 2022 12:21am Apr 27, 2022 12:21am
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There is nothing wrong with being kind & loving to each other
  • #657,199
  • Apr 27, 2022 12:22am Apr 27, 2022 12:22am
Morning . Slight change of direction one thinks so go with the flow . Cross of emas so that tp for now and switch . Let’s see how far . Any change back watch for ema cros on 5 min
  • #657,200
  • Apr 27, 2022 12:24am Apr 27, 2022 12:24am
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it’s a bit crude but just woke up lol
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