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Cable Update (GBPUSD)

  • #740,741
  • Apr 12, 2023 9:54pm Apr 12, 2023 9:54pm
Expecting bitcoin to go beyond 36000 by staurday/sunday. great challenge i posted here. Lets see.
POSTMASTER
  • #740,742
  • Apr 12, 2023 9:55pm Apr 12, 2023 9:55pm
kinda forming a high handle now...very bullish ...looks to be going higher!!!
  • #740,743
  • Apr 12, 2023 10:19pm Apr 12, 2023 10:19pm
HOW TO OBTAIN THE BEST RISK TO REWARD RATIO
(1) Mark out your area of interest
(2) Do not take the trade the first time price visits (1) above. Rather allow for a liquidity raid.
(3) Allow price to come back to (1) above.
(4) Execute when you see your entry signal.
  • #740,744
  • Apr 12, 2023 10:56pm Apr 12, 2023 10:56pm
Quoting damsak
{quote} exactly as expected the down reverse point for scalp done Before {image} After {image} https://www.youtube.com/watch?v=xzLFgryyjSk
Current Situation of the previous setup Just has been reversed exact area and scalp done

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  • #740,745
  • Apr 12, 2023 11:16pm Apr 12, 2023 11:16pm
Quoting pipcenturion
HOW TO OBTAIN THE BEST RISK TO REWARD RATIO (1) Mark out your area of interest (2) Do not take the trade the first time price visits (1) above. Rather allow for a liquidity raid. (3) Allow price to come back to (1) above. (4) Execute when you see your entry signal.
These steps seem more applicable to those that intend to take counter trend trades.
  • #740,746
  • Apr 12, 2023 11:47pm Apr 12, 2023 11:47pm
Quoting trumps
For all the talk about persistently high inflation that's needs to be brought under control, the USD doesn't like todays news. Nor should it. {image}
And GU looks very bullish
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Compulsions can be hard to resist
  • #740,747
  • Apr 13, 2023 12:21am Apr 13, 2023 12:21am
News at 7. I'm anticipating that major players in the market could potentially utilize this opportunity to drive up the value of this pair , following yesterday's disappointing rally!
Don't trade what you think. Just what you see!!!
  • #740,748
  • Apr 13, 2023 12:25am Apr 13, 2023 12:25am
Quoting tehtawar
{quote} SL hit at BE Nothing to lose Waiting for next setup, maybe buy dips {image}
Nice pips yesterday

Looking for another set up for today.
Let's draw some lines
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Stay low, Go fast - No luck, All skill
  • #740,749
  • Apr 13, 2023 12:30am Apr 13, 2023 12:30am
Quoting Theoak
News at 7. I'm anticipating that major players in the market could potentially utilize this opportunity to drive up the value of this pair , following yesterday's disappointing rally!
Let's buy the dips again then until 1.26
Stay low, Go fast - No luck, All skill
  • #740,750
  • Apr 13, 2023 12:34am Apr 13, 2023 12:34am
Quoting tehtawar
{quote} Let's buy the dips again then until 1.26
Might not dip!!! I have my sights set on the previous highs, but might just explode through.
Don't trade what you think. Just what you see!!!
  • #740,751
  • Apr 13, 2023 12:41am Apr 13, 2023 12:41am
Morning all, no real drop over night in fact it seems we are hovering around the opening area with a really small range. Data in 20 mins. I have TP’ed my short at +2 pips.

The data today could push it the pair up to 12550 - 126
Insane in the Brain..
  • #740,752
  • Apr 13, 2023 12:53am Apr 13, 2023 12:53am
The drop is coming
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yes yes yes
  • #740,753
  • Apr 13, 2023 12:54am Apr 13, 2023 12:54am
Quoting Moty
The drop is coming {image}
You have a crystal ball????
  • #740,754
  • Apr 13, 2023 12:55am Apr 13, 2023 12:55am
Quoting BeeTogether
Morning all, no real drop over night in fact it seems we are hovering around the opening area with a really small range. Data in 20 mins. I have TP’ed my short at +2 pips. The data today could push it the pair up to 12550 - 126
My VAP reading from yesterday's open till the current time is showing 1.24357

The cable will sell.

Another reminder that below 1.2440 until 1.23022 is like a vacuum.
  • #740,755
  • Apr 13, 2023 1:02am Apr 13, 2023 1:02am
Well data was good for UK yet we are dropping a bit
Insane in the Brain..
  • #740,756
  • Apr 13, 2023 1:06am Apr 13, 2023 1:06am
Quoting BeeTogether
Well data was good for UK yet we are dropping a bit
A bit of anti-climax!
Don't trade what you think. Just what you see!!!
  • #740,757
  • Apr 13, 2023 1:08am Apr 13, 2023 1:08am
Quoting BeeTogether
Well data was good for UK yet we are dropping a bit
The data was in line with expectations and it still drops a bit...
  • #740,758
  • Apr 13, 2023 1:08am Apr 13, 2023 1:08am
Wait for LO i guess.
Kinda wanna see this go up to 1.26 before US data later.
Exhausted
  • #740,759
  • Apr 13, 2023 1:09am Apr 13, 2023 1:09am
Starting to understand why people are expanding their focus to GBPJPY and Gold!
  • #740,760
  • Apr 13, 2023 1:10am Apr 13, 2023 1:10am
Scalp this then SL 1.2477!

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Stay low, Go fast - No luck, All skill
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