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Cable Update (GBPUSD)

  • #658,841
  • May 12, 2022 8:59am May 12, 2022 8:59am
This is what IG says about Spot Forex...
https://www.ig.com/uk/forex/what-is-...orex-explained
My Future is so Bright I gotta wear Shades! https://www.youtube.com/watch?v
  • #658,842
  • May 12, 2022 9:02am May 12, 2022 9:02am
Quoting Coreg2004
{quote} fxmasterdxb, I think your original analysis was good and still valid by my standards. It all depends on the time frame. {image}
Yes, I agree that we need a new low to rise. Activated 1.22 when 1.25 was broken. 1.22 has not been supported so far and has been attacked more. And when 1.22 was broken today, it activated the lower sweet points. Tomorrow the market will be clearer and it will make the decision easier
There is nothing wrong with being kind & loving to each other
  • #658,843
  • May 12, 2022 9:11am May 12, 2022 9:11am
eu is only 30 pips from very significant support
i believe it will drop to there today or tomorrow and rise from there
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 9 KB
yes yes yes
  • #658,844
  • May 12, 2022 9:16am May 12, 2022 9:16am
Quoting Moty
eu is only 30 pips from very significant support i believe it will drop to there today or tomorrow and rise from there {image}
All year I have simply been buying USD then the war started and I had a conflict..I did not want to profit from people's misery, so I had a bright idea, buy as it drops so I can profit from it long term..but bloody hell what we doing this low..?

madness
Learned one thing in all this..follow price LOL
  • #658,845
  • May 12, 2022 9:19am May 12, 2022 9:19am
Quoting RaHaG0D
{quote} Yes, I agree that we need a new low to rise. Activated 1.22 when 1.25 was broken. 1.22 has not been supported so far and has been attacked more. And when 1.22 was broken today, it activated the lower sweet points. Tomorrow the market will be clearer and it will make the decision easier
RaHaG0D, we see how it unfolds... Min target for the week has been reached @1.21768, also a daily extension (yellow box). Hope your are right. Good luck.
Attached Image (click to enlarge)
Click to Enlarge Name: GU 05.12 60M.png Size: 43 KB
Always trade your own plan...I don't provide trading signals.
  • #658,846
  • May 12, 2022 9:20am May 12, 2022 9:20am
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 24 KB
yes yes yes
  • #658,847
  • May 12, 2022 9:28am May 12, 2022 9:28am
now i am taking profit
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 19 KB
yes yes yes
  • #658,848
  • May 12, 2022 9:30am May 12, 2022 9:30am
Quoting Coreg2004
{quote} RaHaG0D, we see how it unfolds... Min target for the week has been reached @1.21768, also a daily extension (yellow box). Hope your are right. Good luck. {image}
I do not have shorts trade anyway now. Because the upward trend in my opinion is taking shape. I personally bought it in the area of 1.2165. And there is another area that is active for me, which is 1.20500. If the price reaches it and there is no support at 1.22 today, I will buy another one in that area for my monthly target (1.38-1.4).
There is a market of possibilities. I predict the price will reach 1.20500 but it is not certain. In general, I am saving my long trade with money management. Good luck to you too
There is nothing wrong with being kind & loving to each other
  • #658,849
  • May 12, 2022 9:34am May 12, 2022 9:34am
Quoting Wavegarrick
So far this week Gu holding rigorously with a daily close above 1.23000. No signs of further weakness yet. A daily close below 1.23000 and more so a weekly close below more signs of further weakness to come. Cheers.
Wow, Usdx at all time highs, well I have gone back to 2005 as much as my platform allows me and currently price is at 104.672. Careful folks. This could come down at some speed.
Cheers.
Trade to trade another day
  • #658,850
  • May 12, 2022 9:36am May 12, 2022 9:36am
Quoting Wavegarrick
{quote} Wow, Usdx at all time highs, well I have gone back to 2005 as much as my platform allows me and currently price is at 104.672. Careful folks. This could come down at some speed. Cheers.
Im waiting for this drop
People don't plan to lose. They lose because they don't plan.
  • #658,851
  • May 12, 2022 9:59am May 12, 2022 9:59am
Quoting elbert3
{quote} i have 1819 at 161 fib ext and target 1765
As above coming up anybody who was on it
  • #658,852
  • May 12, 2022 10:04am May 12, 2022 10:04am
Quoting RaHaG0D
{quote} I do not have shorts trade anyway now. Because the upward trend in my opinion is taking shape. I personally bought it in the area of 1.2165. And there is another area that is active for me, which is 1.20500. If the price reaches it and there is no support at 1.22 today, I will buy another one in that area for my monthly target (1.38-1.4). There is a market of possibilities. I predict the price will reach 1.20500 but it is not certain. In general, I am saving my long trade with money management. Good luck to you too...
RaHaG0D, you are a very patient person. For me any time frame beyond daily is eternity.
Attached Image (click to enlarge)
Click to Enlarge Name: GU 05.12 Mn.png Size: 36 KB
Always trade your own plan...I don't provide trading signals.
  • #658,853
  • May 12, 2022 10:09am May 12, 2022 10:09am
Quoting Wavegarrick
{quote} Wow, Usdx at all time highs, well I have gone back to 2005 as much as my platform allows me and currently price is at 104.672. Careful folks. This could come down at some speed. Cheers.
agree with you
time for long GBP & EUR / USD
  • #658,854
  • May 12, 2022 10:10am May 12, 2022 10:10am
sold @1.2194 Target 1.2130
Forex Learner
  • #658,855
  • May 12, 2022 10:14am May 12, 2022 10:14am
Quoting Coreg2004
{quote} RaHaG0D, you are a very patient person. For me any time frame beyond daily is eternity. {image}
Yes, I am very patient. I also take scalp trades, but I am more interested in trades above 500 to 600 pips. I base my main trades on this.
There is nothing wrong with being kind & loving to each other
  • #658,856
  • May 12, 2022 10:51am May 12, 2022 10:51am
Quoting BigNumbers
CHFJPY SHORT Golden opportunity. TP 127.152 349 PIPS {image}
500 pips taken from CHFJPY AND GBPJPY in one day!
Pay attention and cash out while it is still free!

Good luck!
My telegram: https://t.me/avidforex
  • #658,857
  • May 12, 2022 10:56am May 12, 2022 10:56am
Quoting BigNumbers
{quote} 500 pips taken from CHFJPY AND GBPJPY in one day! Pay attention and cash out while it is still free! Good luck!
People don't plan to lose. They lose because they don't plan.
  • #658,858
  • May 12, 2022 11:02am May 12, 2022 11:02am
My Schematics :

Testing again. Not easy to buy I'm very tired.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 109 KB
  • #658,859
  • May 12, 2022 11:26am May 12, 2022 11:26am
Quoting Wavegarrick
{quote} Wow, Usdx at all time highs, well I have gone back to 2005 as much as my platform allows me and currently price is at 104.672. Careful folks. This could come down at some speed. Cheers.
I think dxy has still little more room to go, im planning to start longing gu by tomorrow
Attached Image (click to enlarge)
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  • #658,860
  • May 12, 2022 11:32am May 12, 2022 11:32am
Quoting fxmasterdxb
{quote} I think dxy has still little more room to go, im planning to start longing gu by tomorrow {image}
105.00 Possibly. Cheers,
Trade to trade another day
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