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Cable Update (GBPUSD)

  • #657,321
  • Apr 27, 2022 9:28am Apr 27, 2022 9:28am
Yes eurgbp is retracing before it finishes it’s trend downwards
  • #657,322
  • Apr 27, 2022 9:31am Apr 27, 2022 9:31am
Happy Dance!
Inserted Video
My Future is so Bright I gotta wear Shades! https://www.youtube.com/watch?v
  • #657,323
  • Apr 27, 2022 9:36am Apr 27, 2022 9:36am
Quoting mysterio
{quote} Expect bulls shortly.
Looks like they are getting nearer for the day.
  • #657,324
  • Apr 27, 2022 9:44am Apr 27, 2022 9:44am
It looks like the GU is going to continue to fall... Making new lows of the day...
My Future is so Bright I gotta wear Shades! https://www.youtube.com/watch?v
  • #657,325
  • Apr 27, 2022 9:46am Apr 27, 2022 9:46am
The most important part in trading is patience and reaction points. However most important is knowing the direction of the trend in terms of where one is in the the trend, for example at the beginning, middle or end. This allows one to time moves better.
  • #657,326
  • Apr 27, 2022 10:01am Apr 27, 2022 10:01am
Bounce up from 125?
Insane in the Brain..
  • #657,327
  • Apr 27, 2022 10:02am Apr 27, 2022 10:02am
this bounce is never coming lol
  • #657,328
  • Apr 27, 2022 10:06am Apr 27, 2022 10:06am
Quoting pipibrasci
Scenarios 1,2 or 3 to play out. {image}
Scenario 3 played out nicely.
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Grit; Knowledge; Right Mindset; All you need to overcome. KIS!
  • #657,329
  • Apr 27, 2022 10:15am Apr 27, 2022 10:15am
BXY likely to retrace from here. Quasimodo H3. TF

But not sure against the DXY as i still expect 1.2490 to be taken out but maybe against the Yen, AUD. GBPUSD DI candle likely to end in a doji afterwards.
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Grit; Knowledge; Right Mindset; All you need to overcome. KIS!
  • #657,330
  • Apr 27, 2022 10:17am Apr 27, 2022 10:17am
After 2500, next target goes 2488 and 52. Step by step deal intra day shorts! Take care
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #657,331
  • Apr 27, 2022 10:23am Apr 27, 2022 10:23am
Don Friday. Your 1.25 is here.. Good to buy or slightly lower (+ or - 50 pips) and target 1.31 - 1.32 in the first instance
  • #657,332
  • Apr 27, 2022 10:29am Apr 27, 2022 10:29am
1.05220 is big support for eu
Eu up , dx down,go up mf
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yes yes yes
  • #657,333
  • Apr 27, 2022 10:30am Apr 27, 2022 10:30am
Quoting Nd10
Don Friday. Your 1.25 is here.. Good to buy or slightly lower (+ or - 50 pips) and target 1.31 - 1.32 in the first instance
Im taken few longs here, good place to buy in my view, SL 1.2470 TP1 1.2999
People don't plan to lose. They lose because they don't plan.
  • #657,334
  • Apr 27, 2022 10:40am Apr 27, 2022 10:40am
Quoting ScalaFX
{quote} Im taken few longs here, good place to buy in my view, SL 1.2470 TP1 1.2999
Add more to the Sl. Like 1.245... No Obligation to do this please
  • #657,335
  • Apr 27, 2022 10:43am Apr 27, 2022 10:43am
Quoting Nd10
{quote} Add more to the Sl. Like 1.245... No Obligation to do this please
Already 20 pips so SL BE+, I like this way, when hit I will be buying deeper, maybe 1.24
People don't plan to lose. They lose because they don't plan.
  • #657,336
  • Apr 27, 2022 10:48am Apr 27, 2022 10:48am
Break it up mf
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yes yes yes
  • #657,337
  • Apr 27, 2022 10:59am Apr 27, 2022 10:59am
Quoting ScalaFX
{quote} Already 20 pips so SL BE+, I like this way, when hit I will be buying deeper, maybe 1.24
Happy to read this
  • #657,338
  • Apr 27, 2022 11:02am Apr 27, 2022 11:02am
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}
Anyway Folks,
Had my stop taken out.
From a weekly perspective we are at a very crucial level with the 61.8% fib retrace at 1.24939 of the year and some up trend from March 2020 to June 2021. So far, price stopped just short of 1.25000 and I suspect another push down towards 1.24939 where I could look for more buy trades. The reason I am taking this buy trade is that weekly reversals tend to occur on Wednesday's/Thursday's. I could be wrong and it is always advisable to wait for proper consolidation and confirmation before taking the trade.
Trade safe,
Cheers.
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Trade to trade another day
  • #657,339
  • Apr 27, 2022 11:07am Apr 27, 2022 11:07am
The twin brothers
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yes yes yes
  • #657,340
  • Apr 27, 2022 11:13am Apr 27, 2022 11:13am
Quoting mtako
{quote} Lost that one with the 1H BO of >3030(-39), now finally selling again Sold 3112.
Quoting mtako
{quote} Selling a 2nd swing here at 2576, SL merged to my 3112 SL midway. Finally some decent trend quality with this pair...
Sell stop .2499, averaging SL between the 3 positions when/if triggered. Could take a while, or we might have just seen the low of the year

Anyhow, this is my last setup accepted for this pair this month. Farewell GBPUSD!
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
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