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Cable Update (GBPUSD)

  • #739,581
  • Apr 6, 2023 3:57am Apr 6, 2023 3:57am
Quoting Theoak
Looking now for a long in this ranging market. This could go down to 1.2445 level before a rebound. Will sit on hands ready to pull trigger as there are some signs of the bull in market at the present moment.
Long in at 1.2464, based on smaller timeframe momentum. Scalp only no direction
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Don't trade what you think. Just what you see!!!
  • #739,582
  • Apr 6, 2023 4:00am Apr 6, 2023 4:00am
That H1 bar though.
Bottom top long wicks.
Exhausted
  • #739,583
  • Apr 6, 2023 4:02am Apr 6, 2023 4:02am
Quoting LitEU
{quote} GU come on, give me a confirmation so the dollar can RIP {image}
the dollar may give a strong fight before the actual rip
Lou Vincii Code
  • #739,584
  • Apr 6, 2023 4:02am Apr 6, 2023 4:02am
LTF do show long setup.

but, please kids, step aside...
  • #739,585
  • Apr 6, 2023 4:06am Apr 6, 2023 4:06am
Am I understanding correctly that whilst 4h is up, 1hr is still down, and we would consider it back on track once that high is broken, or at least it means we CAN look for longs again?

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I have no clue where it's going
  • #739,586
  • Apr 6, 2023 4:07am Apr 6, 2023 4:07am
Quoting Theoak
{quote} Long in at 1.2464, based on smaller timeframe momentum. Scalp only no direction {image}
+ 10 pips and out!!
Don't trade what you think. Just what you see!!!
  • #739,587
  • Apr 6, 2023 4:08am Apr 6, 2023 4:08am
This is a crooky pair
Eu and Aussie going down ,dx is going up
Gu is staying in place with little bullishness
Attached Image (click to enlarge)
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yes yes yes
  • #739,588
  • Apr 6, 2023 4:09am Apr 6, 2023 4:09am
Quoting RemyLou
{quote} the dollar may give a strong fight before the actual rip
Yeah but how long
  • #739,589
  • Apr 6, 2023 4:10am Apr 6, 2023 4:10am
Quoting Moty
This is a crooky pair Eu and Aussie going down ,dx is going up Gu is staying in place with little bullishness {image}
I thought the same Gu was so innocent now she tryna play hard to get
  • #739,590
  • Apr 6, 2023 4:11am Apr 6, 2023 4:11am
Alright, no more positions holding.
I'll close ince I'm satisfied, gotta avoid retracements in LTF.
Exhausted
  • #739,591
  • Apr 6, 2023 4:12am Apr 6, 2023 4:12am
Quoting LitEU
{quote} first short protected at BE
first short closed in puny profit I'll let the rest run with 20pips sl
  • #739,592
  • Apr 6, 2023 4:14am Apr 6, 2023 4:14am
above Ema 21, above 1.2450 i believe it will move up. long at 1.24693 sl at 1.24393 tp 100pips
Keep the Lights on then you can catch the rise from the dark.
  • #739,593
  • Apr 6, 2023 4:15am Apr 6, 2023 4:15am
Quoting Ferna
{quote} Rules are always changing. But i respect that you are more experienced trader than me, i could have been lucky. It was like over 500 pips in profit in an hour though.
It was actually 100 pips(1000 points), we just students of the market.
Plan your trades and trade your plan.
  • #739,594
  • Apr 6, 2023 4:23am Apr 6, 2023 4:23am
Market structure has turned bearish
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  • #739,595
  • Apr 6, 2023 4:23am Apr 6, 2023 4:23am
Added to a sell with a stop above the recent H1 high.

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I have no clue where it's going
  • #739,596
  • Apr 6, 2023 4:24am Apr 6, 2023 4:24am
I'm on a short bias until 1.24.
Will monitor along the way.
Short 1.2475 SL above 1.248
Exhausted
  • #739,597
  • Apr 6, 2023 4:27am Apr 6, 2023 4:27am
My thoughts
H4, GU, the trend is still up, but may need room for adjustment, oscillator stoch has a good effect in the early stage and can assist us to trade.
But NFP data may spoil it all.
Attached Image (click to enlarge)
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Just follow the trend.
  • #739,598
  • Apr 6, 2023 4:30am Apr 6, 2023 4:30am
Quoting Pat Chiko
{quote} Hi Bro. thanks for sharing real time trades taken. I just punch in LONG position. This chart represt my thought process in taking those trades. I wonder if you could share the creteeria in considering taking short. I've missed something during my analysis in taking LONG. Thanks for sharing. PAT {image} {image}
EU

Hi Kareem,

I've decisded to closed this long position, as seeing there's another lower test in progress.
All position in the trade taken by averaging up to avoid greater losses.
Another short trade in consideration now.

Thanks & trade well

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #739,599
  • Apr 6, 2023 4:32am Apr 6, 2023 4:32am
Quoting lucaswalliam
My thoughts H4, GU, the trend is still up, but may need room for adjustment, oscillator stoch has a good effect in the early stage and can assist us to trade. But NFP data may spoil it all. {image}
H4 shows that we're in a bullish channel upwards. However current 1.252 seems to be the top for now based on the channel.

We should see a short term sell to at least 1.24 area before a bounce.

Of course I could be wrong and then there's upcoming NFP data
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Exhausted
  • #739,600
  • Apr 6, 2023 4:33am Apr 6, 2023 4:33am
Quoting LitEU
{quote} Yeah but how long
well, cant time the market but 1.18 is still in the picture in my opinion
Lou Vincii Code
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