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Cable Update (GBPUSD)

  • #657,401
  • Apr 28, 2022 1:28am Apr 28, 2022 1:28am
Quoting fontu
bull is getting life slowly , at 2491 intermediate level , anyway though 2526 broken , 2541 may hold to back and more . watching
May is ask what it your target, for me bears finished the job.
Im waiting for some signs to blast the price to the sky and join the party after price will settle above 1.26
  • #657,402
  • Apr 28, 2022 1:28am Apr 28, 2022 1:28am
Quoting elbert3
Back on a 61.8 fib on the 5 min, this will be the thrid retrace on the 5 min after hitting a lowerr low, lets see wht happens now ,,if it works out then 2450 the target since sept last year when i posted it
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good morning as above the third 61.8 fib worked again . Trades going long at that top and even thou I go long and short one has to look at ALL tec analysis. ..look outside the box and don’t let a trade go to far against you …
  • #657,403
  • Apr 28, 2022 1:33am Apr 28, 2022 1:33am
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crude but not long awake and still on bed having a coffee sorry .. looking forward another short entry 2450 is still on my card but we can see buyers coming in . Longer wicks and tails I think
  • #657,404
  • Apr 28, 2022 1:34am Apr 28, 2022 1:34am
Quoting Macd-rsi
perfect pennant! {image}usually we have to wait some days, in such situation! tell moving averages takes its time, and fundamental reasons behind angry movements been alleviated! no grounds! may 1.2494 a short-live correction!
only goes against me 2 pips!

but we repeat, it is a possible short-live correction
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each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #657,405
  • Apr 28, 2022 1:38am Apr 28, 2022 1:38am
my target is 1.2682
my StoLoss entry point - 10 pips! at 1.2484
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if TP is hit,
pending sell orders at fibo 38, at 1.2800
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #657,406
  • Edited 2:06am Apr 28, 2022 1:40am | Edited 2:06am
Quoting Whale
{quote} May is ask what it your target, for me bears finished the job. Im waiting for some signs to blast the price to the sky and join the party after price will settle above 1.26
after intermediate reactions at 2491/80 /61 over ( may exaggerate but looks not over as this pair habit ) , next target goes to 2359 and , good one 2251
now may go up 2560 -2580. lets see what happen ! if perfect go and tank below previous low then 2251 should be next target ! no intermediate may stop ! big range up to down big , though target may not reach this month !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #657,407
  • Apr 28, 2022 1:43am Apr 28, 2022 1:43am
Elbert3 always a pleasure to look at your charts
  • #657,408
  • Apr 28, 2022 1:46am Apr 28, 2022 1:46am
Just trying a long here 2535 10 pip stop thou
  • #657,409
  • Apr 28, 2022 1:47am Apr 28, 2022 1:47am
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yes yes yes
  • #657,410
  • Apr 28, 2022 1:52am Apr 28, 2022 1:52am
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Quoting Houtbay
Elbert3 always a pleasure to look at your charts
Lol really …..thank you it works for me . I do have other charts on my pc and I trade on a platform that I can’t seam to post . Here my gold one yesterday and you will see in red 5 lots ready to be filled on the way dow and all we’re filled . Which was fantastic. Regards E sorry that was my GU . But even on that you can see how successful that trade was .. that was one of the 61.8 fibs I posted
  • #657,411
  • Apr 28, 2022 1:59am Apr 28, 2022 1:59am
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Let’s see the mindset of Elbert .. let’s see if it works 5 min two tops . Ema is coming up short entered long is on still .. so looking for ema turn over and a full candle close under the ema if ?? If it comes off .. then enter short . Stop on the top .. let’s see
  • #657,412
  • Apr 28, 2022 2:04am Apr 28, 2022 2:04am
Quoting elbert3
{image}Let’s see the mindset of Elbert .. let’s see if it works 5 min two tops . Ema is coming up short entered long is on still .. so looking for ema turn over and a full candle close under the ema if ?? If it comes off .. then enter short . Stop on the top .. let’s see
Well that one never worked out but I hope it shows how I try to trade . So my long is in play for now and 2616 could be a number to watch stop on long is break even . Now . As I said before loner tails and wicks so not a good trading day for scalping . Just always stick to you planned way you trade
  • #657,413
  • Apr 28, 2022 2:15am Apr 28, 2022 2:15am
Don’t get trapped in longs today. Trend is still down
  • #657,414
  • Apr 28, 2022 2:17am Apr 28, 2022 2:17am
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Quoting Houtbay
Don’t get trapped in longs today. Trend is still down
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Smaller lots on the longs
  • #657,415
  • Apr 28, 2022 2:21am Apr 28, 2022 2:21am
Gold is retracing but trend still down
  • #657,416
  • Apr 28, 2022 2:23am Apr 28, 2022 2:23am
2560 tested , next waiting breaks up for 2580 and will wait a failure in between. anyway exaggerated after a while ,. usdx also given signal top failure with a breakout but not enough yet +

now usdx has a bull restart signal , wait for confirmation and go ! full crazy mode , care all
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #657,417
  • Apr 28, 2022 2:34am Apr 28, 2022 2:34am
Quoting fontu
2560 tested , next waiting breaks up for 2580 and will wait a failure in between. anyway exaggerated after a while ,. usdx also given signal top failure with a breakout but not enough yet + now usdx has a bull restart signal , wait for confirmation and go ! full crazy mode , care all {image}
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morning. 2577 is resistance foe me but it did break the tl regards
  • #657,418
  • Apr 28, 2022 2:39am Apr 28, 2022 2:39am
Dxy is fallng like hell, this mf is struck at 1.256, why is not going up?
  • #657,419
  • Apr 28, 2022 2:47am Apr 28, 2022 2:47am
at the top of a past high here break might go up quicker , or is it back to shorts ?? emas have crossed earlier on 5 mins note hammer candle
  • #657,420
  • Apr 28, 2022 2:50am Apr 28, 2022 2:50am
longs tp here , long order on the top short taken stop on the top on 5 min chart
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