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Cable Update (GBPUSD)

  • #737,961
  • Mar 28, 2023 12:16am Mar 28, 2023 12:16am
Cable looks very good to short in time. We will see what price they are able to give us.
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  • #737,962
  • Mar 28, 2023 12:17am Mar 28, 2023 12:17am
Quoting dempire1
{quote} still buying
not buying anymore
How to succeed in zero sum game?
  • #737,963
  • Mar 28, 2023 12:18am Mar 28, 2023 12:18am
Quoting MrFanciful
{quote} We are into our 6th consecutive bullish 8hr candle. That's a pretty rare thing. We're due a bearish candle. I think we'll either pull back before a move up to 1.2350, or vice versa we'll go to 1.2350 and then retrace.
But now it looks like it's going up nicely. At least I don't see a down signal yet, unless the price hits a stop at the previous high.
Just follow the trend.
  • #737,964
  • Mar 28, 2023 12:20am Mar 28, 2023 12:20am
Quoting Georginson
{quote} It's attempting double top at this Month high of 1.2343... below this area will be an invitation of 1.2165, only a close above 1.2320 will pose threat to bears....
I don't know if the price will break through the previous highs.
Just follow the trend.
  • #737,965
  • Mar 28, 2023 12:23am Mar 28, 2023 12:23am
Sell GBP/USD at 1,2320.
No SL and TP.
  • #737,966
  • Mar 28, 2023 12:25am Mar 28, 2023 12:25am
April view
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MY OPINION NOT FINANCIAL ADVISE
  • #737,967
  • Mar 28, 2023 12:26am Mar 28, 2023 12:26am
Quoting pipfarm
{quote} If that is how you see it , that is how you see it, not here to disagree with you, just posting my view and i respect yours.
Plan your trades and trade your plan.
  • #737,968
  • Mar 28, 2023 12:27am Mar 28, 2023 12:27am
Let me go back to my silent corner.
Plan your trades and trade your plan.
  • #737,969
  • Mar 28, 2023 12:28am Mar 28, 2023 12:28am
Quoting lucaswalliam
{quote} I don't know if the price will break through the previous highs.

you will never know when strange things will happen but you can protect your capital

the reason why people get house insurance is that nobody knows what will happen, insurance is there protection, your risk management is ur protection.
MY OPINION NOT FINANCIAL ADVISE
  • #737,970
  • Mar 28, 2023 12:28am Mar 28, 2023 12:28am
There goes 12% of my account. I'm done with this shit.
  • #737,971
  • Mar 28, 2023 12:29am Mar 28, 2023 12:29am
Lol
Plan your trades and trade your plan.
  • #737,972
  • Mar 28, 2023 12:29am Mar 28, 2023 12:29am
Quoting lucaswalliam
{quote} But now it looks like it's going up nicely. At least I don't see a down signal yet, unless the price hits a stop at the previous high.
If this is up nicely, what does a mess look like?
  • #737,973
  • Mar 28, 2023 12:37am Mar 28, 2023 12:37am
Quoting MrFanciful
There goes 12% of my account. I'm done with this shit.
What did you trade?
Follow The Markets Structure - Patience and Discipline
  • #737,974
  • Mar 28, 2023 12:43am Mar 28, 2023 12:43am
Quoting BeeTogether
Added short TP daily open or there about
what is stoploss?
  • #737,975
  • Mar 28, 2023 12:44am Mar 28, 2023 12:44am
+120 pips left before weekly resistance.
Plan your trades and trade your plan.
  • #737,976
  • Mar 28, 2023 12:49am Mar 28, 2023 12:49am
Quoting lucaswalliam
{quote} I don't know if the price will break through the previous highs.
Depending on your account status.
I would say buying at resistance is too big of a risk, most probable price is trying to take out stop losses as majority is bearish when price rise constantly, and guess where the sl's are? But you should not sell with majority as can be a catch too. Ok to buy as a scalp, in /out and look for signs of rejection. Market always tricks you, we are hunted.
  • #737,977
  • Mar 28, 2023 12:52am Mar 28, 2023 12:52am
Quoting samet021
{quote} what is stoploss?
I only have a SL once I’m 30 pips in the green
Insane in the Brain..
  • #737,978
  • Mar 28, 2023 12:54am Mar 28, 2023 12:54am
Short @1.2326
Pending orders @1.2345

SL for all 1.2373
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Face 'ur fears & tame 'ur greed
  • #737,979
  • Mar 28, 2023 1:01am Mar 28, 2023 1:01am
Quoting donfriday
April view {image}
Good analysis

i see a 1.233-1.288 range before a drop to 1.18
Lou Vincii Code
  • #737,980
  • Mar 28, 2023 1:06am Mar 28, 2023 1:06am
Quoting bigiivan
Sell GBP/USD at 1,2320. No SL and TP.
Out + 10 pips.
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