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Cable Update (GBPUSD)

  • #742,661
  • Apr 25, 2023 7:20am Apr 25, 2023 7:20am
Quoting ForexIkeja
Folks with what I check out GU is on its way to 1.24700 even higher in less than hours from now so a BUY is the only option . This is my surgestion
i doubt it
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #742,662
  • Apr 25, 2023 7:20am Apr 25, 2023 7:20am
Quoting spacca
{quote} the train is not stopped ,,too early to enter long n {image}
averaging and martingale on the way
  • #742,663
  • Apr 25, 2023 7:26am Apr 25, 2023 7:26am
Quoting BeeTogether
Data mixed, red sticker was poor but the amber data was good .. some of which helped bring cable down initially.. the CB Consumer confidence rating taken a bit of a hit. This should help a move back up but so far nothing
Not sure how you are figuring out the interpretation of data. Consumer confidence was down, suggesting people aren't spending money, which makes the FED happy so they won't be raising rates. New house sales up but that data doesn't tell you anything about prices.

The price action tells us that a bunch of retail traders jumped in long, so the price pulls back to get them to dump their long positions. My
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  • #742,664
  • Apr 25, 2023 7:29am Apr 25, 2023 7:29am
I am out at daily s2
Switched to long
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yes yes yes
  • #742,665
  • Apr 25, 2023 7:33am Apr 25, 2023 7:33am
Quoting voeltoez
{quote} averaging and martingale on the way
Yep hahahaha (scalpe mode <7 min )
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  • #742,666
  • Apr 25, 2023 7:46am Apr 25, 2023 7:46am
The 60 $ strategy to the bulls side
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yes yes yes
  • #742,667
  • Apr 25, 2023 8:00am Apr 25, 2023 8:00am
Quoting eyefeelsix
{quote} anything happens for a reason.. {image}
It's just begun.. partial close decision atm
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https://breakpullback.com
  • #742,668
  • Edited 8:20am Apr 25, 2023 8:06am | Edited 8:20am
I am long here, it's bounced of the low and testing support, I am okay to stay in this with a small position for now with no SL the moment until bulls take over again as I can add more if it continues lower and I don't want to get stopped out before it swings back
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  • #742,669
  • Apr 25, 2023 8:11am Apr 25, 2023 8:11am
Quoting georginson
bought 1.2400 target 1.2480... Second buy limit at 1.2365....
i dey high 1.2550 ooo

tired of this boring movement
MY OPINION NOT FINANCIAL ADVISE
  • #742,670
  • Apr 25, 2023 8:12am Apr 25, 2023 8:12am
Quoting ScalaFX
SL hit reenter 2490 SL 2470 Target 25
Protected now and closed doubled position to cover loss from first entry, I think we can visit till end of day high, cheers
People don't plan to lose. They lose because they don't plan.
  • #742,671
  • Apr 25, 2023 8:18am Apr 25, 2023 8:18am
Buy at 1.2410, stop at 1.2350, TP open
  • #742,672
  • Apr 25, 2023 8:23am Apr 25, 2023 8:23am
1.241 should act a resistance to the next move to 1.235.

if bears will not push it strongly we will suffer ranging again.

i'll be back again 1.217, doable this week? FyI, this week is the end of April.
  • #742,673
  • Apr 25, 2023 8:37am Apr 25, 2023 8:37am
I see more than 90% traders in this thread take long positions, you guys.. Good luck and keep your account healthy
https://breakpullback.com
  • #742,674
  • Apr 25, 2023 8:39am Apr 25, 2023 8:39am
Quoting eyefeelsix
I see more than 90% traders in this thread take long positions, you guys.. Good luck and keep your account healthy
I see most traders actually swing trade they go.long at the lows and short at the top
  • #742,675
  • Apr 25, 2023 8:40am Apr 25, 2023 8:40am
Quoting MarcoJnr
{quote} I see most traders actually swing trade they go.long at the lows and short at the top
all the best
https://breakpullback.com
  • #742,676
  • Apr 25, 2023 8:42am Apr 25, 2023 8:42am
Quoting MarcoJnr
{quote} I see most traders actually swing trade they go.long at the lows and short at the top
MarcoJnr, I see 90% Rambos and 10% Snipers.
Always trade your own plan...I don't provide trading signals.
  • #742,677
  • Apr 25, 2023 8:50am Apr 25, 2023 8:50am
Quoting Bogdanoff
{quote} Hit sell limit @167.30{image}
Just 2 trade GJ today, almost 100 pips
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I think not yet for long GU GJ, down more 20 pips then go north
Safe trade guys
Cheers
my loss is your gain
  • #742,678
  • Apr 25, 2023 8:50am Apr 25, 2023 8:50am
Quoting Moty
The 60 $ strategy to the bulls side {image}
will go down more
  • #742,679
  • Edited 11:17am Apr 25, 2023 8:58am | Edited 11:17am
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  • #742,680
  • Apr 25, 2023 9:08am Apr 25, 2023 9:08am
Quoting Coreg2004
{quote} MarcoJnr, I see 90% Rambos and 10% Snipers.
I wonna be Rambo
People don't plan to lose. They lose because they don't plan.
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