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Cable Update (GBPUSD)

  • #657,961
  • May 4, 2022 2:31pm May 4, 2022 2:31pm
Closing above 1.2613 will be perfect
People don't plan to lose. They lose because they don't plan.
  • #657,962
  • May 4, 2022 2:31pm May 4, 2022 2:31pm
Ill be looking to ride this up over the coming days to about 1.2950 then reevaluate for shorts.
  • #657,963
  • May 4, 2022 2:32pm May 4, 2022 2:32pm
Quoting ScalaFX
{quote} Perfect, maybe 1.26 today closing only this shitty longs above 1.25, waiting for more
Almost there
People don't plan to lose. They lose because they don't plan.
  • #657,964
  • May 4, 2022 2:33pm May 4, 2022 2:33pm
Quoting Mitiblotch
{quote} Well, my original clue was the fact that these criminals bought on Friday and London closed at around 2600. Price will never go down without them touching that Friday London close. It should break 1.26 tomorrow latest. Hopefully. Lol
you see them now lol hell yes
  • #657,965
  • May 4, 2022 2:35pm May 4, 2022 2:35pm
Quoting mtako
Sell stop 2573, SL25
I am so very happy to have been taken out so early -25. Now I wait for 1H bear, the low -1 of which I will sell with TP high +1 whatever high is made from now till then, and I will do this even if it only happens in a decade !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #657,966
  • May 4, 2022 2:35pm May 4, 2022 2:35pm
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yes yes yes
  • #657,967
  • May 4, 2022 2:44pm May 4, 2022 2:44pm
Buys closed in good profit. Left one from 2509 to run. SL already in profit at 2522. I can go to sleep now easy!
  • #657,968
  • May 4, 2022 2:45pm May 4, 2022 2:45pm
Quoting q_import
{quote} you see them now lol hell yes
Yes sir! Where you been?
  • #657,969
  • May 4, 2022 2:49pm May 4, 2022 2:49pm
Quoting Mitiblotch
{quote} Well, my original clue was the fact that these criminals bought on Friday and London closed at around 2600. Price will never go down without them touching that Friday London close. It should break 1.26 tomorrow latest. Hopefully. Lol
Oh! We pierced it today already. Hehehe. Well played MMs, well played. That dip to 2450 would have caught a lot of fishes now they are gasping for air in the sky.
  • #657,970
  • May 4, 2022 2:50pm May 4, 2022 2:50pm
I see a lot of bulls here, just want to say very well done !!! We've just broken the significant last Fridays high !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #657,971
  • May 4, 2022 2:52pm May 4, 2022 2:52pm
8H momentum in trend trigger close, sell limit 2632 SL100
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #657,972
  • May 4, 2022 2:55pm May 4, 2022 2:55pm
Coming up 200 pips move .watch for sellers
  • #657,973
  • May 4, 2022 3:00pm May 4, 2022 3:00pm
Quoting Wavegarrick
{quote} 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. {image}
Usdx subtle bearish hints,
Cheers.
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Trade to trade another day
  • #657,974
  • May 4, 2022 3:04pm May 4, 2022 3:04pm
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one more bounce please
  • #657,975
  • May 4, 2022 3:06pm May 4, 2022 3:06pm
1.26766 close all buy.

sell limit 1.26766

tp = 1.25259
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  • #657,976
  • May 4, 2022 3:15pm May 4, 2022 3:15pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #657,977
  • May 4, 2022 3:21pm May 4, 2022 3:21pm
Next real resistance is 1.275/7 area.
so any pull back is good opportunity
  • #657,978
  • May 4, 2022 3:24pm May 4, 2022 3:24pm
a clear signal
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  • #657,979
  • May 4, 2022 3:25pm May 4, 2022 3:25pm
Quoting Whale
Next real resistance is 1.275/7 area. so any pull back is good opportunity
Exactly, and to me that is soooo far it is vertiginous! Bloody last Tuesday made a big hole that will be hard to fill !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #657,980
  • May 4, 2022 3:26pm May 4, 2022 3:26pm
Nice break above structure, so far conforming to Wyckoff accumulation theory, now in phase E. Very strong bullish candles prior to breakout is a good sign of strength and hopefully that strength will continue and price will trend higher - already have a few long positions and looking to scale in more on pullbacks.
Hope everyone caught green pips.
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