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Cable Update (GBPUSD)

  • #744,321
  • May 5, 2023 3:30am May 5, 2023 3:30am
Attached Image (click to enlarge)
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yes yes yes
  • #744,322
  • May 5, 2023 3:34am May 5, 2023 3:34am
I am buying this pair until we reach 1.2835. After that, selling only.
We watch the charts from every angle so you don't have to!!
  • #744,323
  • May 5, 2023 3:35am May 5, 2023 3:35am
USDCHF is up about 70 pips.
  • #744,324
  • May 5, 2023 3:35am May 5, 2023 3:35am
gbpusd update
if we are above green line = long
Attached Image (click to enlarge)
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Trendlines H1,H4, SMC
  • #744,325
  • May 5, 2023 3:41am May 5, 2023 3:41am
usdchf turned to be a good buy due to cpi
gu underwater
  • #744,326
  • May 5, 2023 3:46am May 5, 2023 3:46am
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 17 KB
yes yes yes
  • #744,327
  • May 5, 2023 3:51am May 5, 2023 3:51am
Quoting sharingan9
{quote} This is not a fakeout in my opinion. The market is moving in the direction of value which is up. Market is currently searching for a new fair price to the upside. I feel it may stop either at weekly R1(1.2634) or Monthly R1(1.2672)
Price retrace after hitting weekly R1 but I feel we have one more push to the monthly R1 coming up. Longs held.

Attached Image (click to enlarge)
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  • #744,328
  • May 5, 2023 4:00am May 5, 2023 4:00am
we a fighting...
Trendlines H1,H4, SMC
  • #744,329
  • May 5, 2023 4:05am May 5, 2023 4:05am
From a monthly point of view price is sitting on the fence.
Attached Image (click to enlarge)
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  • #744,330
  • May 5, 2023 4:09am May 5, 2023 4:09am
Choose your battles.

I was a little bit late for GU so I don't force the issue and just find another pair.

Also, do not believe what others post here as their charts. That's why you'll only get confused and lose money when you follow them because their charts do not make any sense. How can they enter precisely at that level?

Only a very few people truly post their charts.
Attached Image (click to enlarge)
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The market hides a perfect geometry.
  • #744,331
  • May 5, 2023 4:10am May 5, 2023 4:10am
I just started a Thread on METALS MINE and it is called "GOLD RUSH" I'm focusing on trading Gold only.
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Thanks
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  • #744,332
  • May 5, 2023 4:14am May 5, 2023 4:14am
126 seems to be holding well so far, is it the new 121 magnet?
Insane in the Brain..
  • #744,333
  • May 5, 2023 4:18am May 5, 2023 4:18am
USDCHF popped up this morning. Reason: Inflation datas show cooling down (expect:2.8%, real:2.6%). Was extreme sharp move, now correction. So may be no more raise on rates on CHF. Just for Info.
  • #744,334
  • May 5, 2023 4:21am May 5, 2023 4:21am
Quoting JackintheBox
USDCHF popped up this morning. Reason: Inflation datas show cooling down (expect:2.8%, real:2.6%). Was extreme sharp move, now correction. So may be no more raise on rates on CHF. Just for Info.
already closed gap, Im selling from it, expecting 0.8770
People don't plan to lose. They lose because they don't plan.
  • #744,335
  • May 5, 2023 4:26am May 5, 2023 4:26am
Quoting dantpm
All things being equal (which they never are!) a big spike in non-farm payroll should drive the USDX down and GU up Wed. ADP Non-Farm Employment Change 296K 148K 142k Today Non-Farm Employment Change _____ 181K 236K A bit of an inconsistency both in the projections and the results. In any event, this doesn't fill the gap from the opening of the market. As Georginson pointed out we already moved most of the expected monthly move.
We are in May. And we just achieved 200 pips range this month from 2435 to 2635. That's hardly anywhere near expected monthly move.
  • #744,336
  • May 5, 2023 4:30am May 5, 2023 4:30am
Quoting fxpider
{quote} News drives the market, not the numbers in the news. IMO
News drives the market LOL

The Sun revolves around the Earth. It's OBVIOUS from simple observation of the sun rising in the east and setting in the west day-in and day-out.

Drinking water on a regular basis is CERTAIN to kill you!! EVERONE that I know who has died did it.
To free Gazans of Hamas, use whatever it takes.
  • #744,337
  • May 5, 2023 4:35am May 5, 2023 4:35am
Quoting Mitiblotch
{quote} We are in May. And we just achieved 200 pips range this month from 2435 to 2635. That's hardly anywhere near expected monthly move.
Talk to Georginson our historian.
  • #744,338
  • May 5, 2023 4:40am May 5, 2023 4:40am
Currently experiencing weak bear pressure.
I believe more upside to follow later.
Consistency.
  • #744,339
  • May 5, 2023 5:12am May 5, 2023 5:12am
Long in at 1.2610 first target previous highs, the next target is 1.2640
Don't trade what you think. Just what you see!!!
  • #744,340
  • May 5, 2023 5:16am May 5, 2023 5:16am
My strategy upgraded into a lethal weapon. Cable is to rise beyond 1.3361. Target is rising at 0.0003 cents every hour from current time. Will shoot up when time comes.

I may be wrong but...
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