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Cable Update (GBPUSD)

  • #657,881
  • May 4, 2022 10:02am May 4, 2022 10:02am
Quoting donfriday
{quote} thats a sign that its getting weaker ...if it was strong price would have fly and dont come back there
I can agree with you and in the same time no, many times price testing one level and after finally when cannot break fly + with some news, lets wait for a little while longer and see, key is MM, my position is safe now that I can wait for finnish,cheers!
People don't plan to lose. They lose because they don't plan.
  • #657,882
  • May 4, 2022 10:06am May 4, 2022 10:06am
Maybe one more thrust up before a dump down? Looking at 12550 area for a drop
Insane in the Brain..
  • #657,883
  • May 4, 2022 10:09am May 4, 2022 10:09am
Quoting ScalaFX
{quote} Moty, relax and be patient maybe we can see pump before the dump
Im inclined for a re-test of the previous low, perhaps, a little lower before the real move
  • #657,884
  • May 4, 2022 10:11am May 4, 2022 10:11am
Quoting BeeTogether
Maybe one more thrust up before a dump down? Looking at 12550 area for a drop
Or maybe we changing trend in bigger trend for some time? Maybe we must touch 1.30 before next leg down? There is some liquidity to grab, lets see what happen in may, Trade safe!
People don't plan to lose. They lose because they don't plan.
  • #657,885
  • May 4, 2022 10:13am May 4, 2022 10:13am
Quoting fxmasterdxb
{quote} Im inclined for a re-test of the previous low, perhaps, a little lower before the real move
I want you to be wrong but I know you are almost right, thats scared me a lot
People don't plan to lose. They lose because they don't plan.
  • #657,886
  • May 4, 2022 10:15am May 4, 2022 10:15am
Quoting BeeTogether
Maybe one more thrust up before a dump down? Looking at 12550 area for a drop
more time still for the news , and more ups down possible before and after also , very risky news trading ! but now a days price not move enough without !like before 2008 , just used come to play news times 30-60min and left the market. take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #657,887
  • May 4, 2022 10:31am May 4, 2022 10:31am
Quoting ScalaFX
{quote} I want you to be wrong but I know you are almost right, thats scared me a lot
I could be wrong
this is how i see it, im placing small buy limits between 1.2415 to 1.2385, lets see
  • #657,888
  • May 4, 2022 10:48am May 4, 2022 10:48am
Quoting donfriday
{quote} thats a sign that its getting weaker ...if it was strong price would have fly and dont come back there
Hi don
  • #657,889
  • May 4, 2022 10:54am May 4, 2022 10:54am
Quoting Whale
{quote} Hi don


sup whale..

what are we buying or selling?
MY OPINION NOT FINANCIAL ADVISE
  • #657,890
  • May 4, 2022 11:06am May 4, 2022 11:06am
Quoting fxmasterdxb
{quote} I could be wrong this is how i see it, im placing small buy limits between 1.2415 to 1.2385, lets see
After further analysis, buy limits are now further spread from each other and is extended from 1.2415 to 1.2360
  • #657,891
  • May 4, 2022 11:06am May 4, 2022 11:06am
Quoting ScalaFX
{quote} Stop BE, safety first
Soo sl hit, leave this pair for a moment, today gave me enough, maybe under 1.2370 will be searching for buys, cheers!
People don't plan to lose. They lose because they don't plan.
  • #657,892
  • May 4, 2022 11:09am May 4, 2022 11:09am
Quoting donfriday
{quote} sup whale.. what are we buying or selling?
Waiting for dip.
not sure where are we in my count
so I use @funtu count for help me figure out
i will look for ABCD 1.27/1.618
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  • #657,893
  • May 4, 2022 11:18am May 4, 2022 11:18am
Quoting fxmasterdxb
{quote} After further analysis, buy limits are now further spread from each other and is extended from 1.2415 to 1.2360
1.236 is good.. I will definitely join you if I see even 5m structure break for the upside.
  • #657,894
  • May 4, 2022 11:20am May 4, 2022 11:20am
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yes yes yes
  • #657,895
  • May 4, 2022 11:24am May 4, 2022 11:24am
Quoting Whale
{quote} Waiting for dip. not sure where are we in my count so I use @funtu count for help me figure out i will look for ABCD 1.27/1.618 {image}
'
bro, i expect some correction after the heavy drop

Daily RSI is over Oversold and also i can see hidden bullish divergence from the 2020 low to 1.24.

by the end of Q2 we should have the low of 2022 ..just my opinion
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MY OPINION NOT FINANCIAL ADVISE
  • #657,896
  • May 4, 2022 11:24am May 4, 2022 11:24am
Quoting Moty
{image}{image}
This morning you talked about the TREND
  • #657,897
  • May 4, 2022 11:30am May 4, 2022 11:30am
Quoting donfriday
{quote} ' bro, i expect some correction after the heavy drop Daily RSI is over Oversold and also i can see hidden bullish divergence from the 2020 low to 1.24. by the end of Q2 we should have the low of 2022 ..just my opinion {image}
Maybe bro, I was sure 1.255 will be the bottom of the bottom and it drop 150 pips below.
so I will look for FE 1.27 (1.2357) or 1.22 area
i will wait for confirmation with CHOCH on 1h
  • #657,898
  • May 4, 2022 11:36am May 4, 2022 11:36am
G/U is out to get your stop losses….. a very dangerous wave if you don’t know how to surf it …..

my bias still remains… BUY [Long] …

but imma stay out her way till I see a clear move
  • #657,899
  • May 4, 2022 11:42am May 4, 2022 11:42am
Waves won't save anybody today. However, you'd have to hit me with a stick for me to short here. All the way down to 2360 is a buy for me.

I have a proposal in mind 2650 before 2360.
  • #657,900
  • May 4, 2022 11:55am May 4, 2022 11:55am
Quoting Wavegarrick
{quote} Buy trade opened at 1.25112 and 100 pip s/loss. I could look to close my buy trades on a daily close below 1.2500. Cheers. {image}
Hi Guys,
We have had three days of slightly lower highs and lower lows, which indicates bearishness. Can I say that the downtrend is resuming? Absolutely not. Does Gu need a catalyst? Probably yes. Tomorrow is reversal Thursday, for me at least. We shall see.
Swing trades will come with lots of uncertainty and I remain steadfast with lots of patience. If I get this wrong I will close my buy trades and move on.
Trade safe,
Cheers.
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