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Cable Update (GBPUSD)

  • #822,061
  • Apr 18, 2024 4:32am Apr 18, 2024 4:32am
Quoting Jade Gate
Think we are about to see cable go into one of its bipolar phases, doing things that are completely illogical, especially compared to EU. There is no explanation for it. It just surfaces from time to time. {image}
Love it when the markets go Batshit Crazy...
  • #822,062
  • Apr 18, 2024 5:07am Apr 18, 2024 5:07am
Quoting fontu
{quote} Last bounce not so worthless now and overnight played well, at resistance now, may even test, break the range top, extension up before probable bear. So for bear, now this range top 2481 or 2510 limit should intact! So watching till London open! {image}
Perfect extension up occurred as above range high, may try test limit 2510 but waiting signal 2460 and 2432 test break.. Formal Breakout around 2467 /70not enough without signal. Take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #822,063
  • Apr 18, 2024 5:13am Apr 18, 2024 5:13am
Quoting Pat Chiko
{quote} GU Update scalping position. Possible on two option on set up today. Ready to react to the price action. Bear corrective mode{image} Bull continuation{image} This is only my newbie view. Do not attempt to copy it as it is 99.9% I may got it wrong. There are many professional who can give better signal than me in this thread.
inside monthly FVG,
near weekly OB,
atm i prefer "Bear corrective mode",
market will say & we will adapt,
thanks PAT, very inspiring
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newbie
  • #822,064
  • Edited 6:08am Apr 18, 2024 5:15am | Edited 6:08am
Quoting fontu
{quote} Perfect extension up occurred as above range high, may try test limit 2510 but waiting signal 2460 and 2432 test break.. Formal Breakout around 2467 /70not enough without signal. Take care {image} {image}
Fontu, there are too many freaking arrows on that 1H chart, can't even see the candles. Can we just do a hammer or a rocket pls?
  • #822,065
  • Apr 18, 2024 5:17am Apr 18, 2024 5:17am
Quoting Jade Gate
{quote} Moty, there are too many freaking arrows on that 1H chart, can't even see the candles. Can we just do a hammer or a rocket pls?
You must have been blinded by those arrows...it's not Moty...
  • #822,066
  • Apr 18, 2024 5:21am Apr 18, 2024 5:21am
This is interesting. EU finding support on the cross via ma's compression. 4H chart. Do so like a good ma squeeze to make something pop.
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  • #822,067
  • Apr 18, 2024 5:31am Apr 18, 2024 5:31am
short Gold 1st 2381, pendings 2383 2385 target 2350
People don't plan to lose. They lose because they don't plan.
  • #822,068
  • Apr 18, 2024 5:37am Apr 18, 2024 5:37am
Don't trade Gbp/Jpy but looks like it could be a sell from this level??
Anyone here think so??
Don't Leave Money on the Table
  • #822,069
  • Apr 18, 2024 5:39am Apr 18, 2024 5:39am
Quoting Jade Gate
{quote} Moty, there are too many freaking arrows on that 1H chart, can't even see the candles. Can we just do a hammer or a rocket pls?

Guess the gist of it is GU heading down unless some news gives it a boost
Not headache material like some of the charts we see lol
Don't Leave Money on the Table
  • #822,070
  • Apr 18, 2024 5:44am Apr 18, 2024 5:44am
Quoting Jade Gate
{quote} Moty, there are too many freaking arrows on that 1H chart, can't even see the candles. Can we just do a hammer or a rocket pls?
Can be cleaned anytime, actually they are not any signal or so some times and reactions I am testing. Candles not that important to see price action though aways!
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #822,071
  • Apr 18, 2024 5:45am Apr 18, 2024 5:45am
I believe this will take goldi to last all time high
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yes yes yes
  • #822,072
  • Apr 18, 2024 5:48am Apr 18, 2024 5:48am
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  • #822,073
  • Apr 18, 2024 5:51am Apr 18, 2024 5:51am
Quoting birdland
{quote} wrong thread
You can post anything on this thread and any chart. Ive seen charts on Gold and indices as well. Ive seen strange memes on this thread also. Also there is correlation. If USPLN and USDCAD is going down this could indicate USD weakness. What might that do for the GBPUSD i wonder? See? it isnt the wrong thread after all. However if you feel the need to point out every single post that has information that is not related to the thread title you'll be here a long time my friend. I wish you green pips.
  • #822,074
  • Apr 18, 2024 5:51am Apr 18, 2024 5:51am
We are in profits already guys… I’m expecting 50-70pips up today on GU momentum is built and bout to explode
  • #822,075
  • Apr 18, 2024 5:53am Apr 18, 2024 5:53am
Quoting Moty
I believe this will take goldi to last all time high {image}
Yes Moty I do see USD weakness on the horizon. Droooop USD. Hit it with that hammer of yours
  • #822,076
  • Apr 18, 2024 5:54am Apr 18, 2024 5:54am
Quoting OperaniyiFx
We are in profits already guys… I’m expecting 50-70pips up today on GU momentum is built and bout to explode
I agree. USD seems to be very weak at this point coming off extremely high price levels that the buyers are not interested in buying and sellers know this. Time to drop USD and rise GU
  • #822,077
  • Apr 18, 2024 6:05am Apr 18, 2024 6:05am
Quoting OperaniyiFx
We are in profits already guys… I’m expecting 50-70pips up today on GU momentum is built and bout to explode
Why is it about to explode? Also, can you answer my questions before on your current trade please
Emotional Control. Process, not outcome.
  • #822,078
  • Apr 18, 2024 6:23am Apr 18, 2024 6:23am
Trading is easy once you get you discipline in check cut your losses there is alwasy opportunities my indiscipline is what causes me to lose not anymore slowly but surely
  • #822,079
  • Apr 18, 2024 6:25am Apr 18, 2024 6:25am
Need a strong push from southward for my gbpcad and gbpnzd trade I need to also trade bitcoin better very fast profits but slightly more risky gold cannot be trusted too much uncertainty
  • #822,080
  • Apr 18, 2024 6:51am Apr 18, 2024 6:51am
Quoting sharingan9
{quote} You can post anything on this thread and any chart. Ive seen charts on Gold and indices as well. Ive seen strange memes on this thread also. Also there is correlation. If USPLN and USDCAD is going down this could indicate USD weakness. What might that do for the GBPUSD i wonder? See? it isnt the wrong thread after all. However if you feel the need to point out every single post that has information that is not related to the thread title you'll be here a long time my friend. I wish you green pips.
every now and then you have to tell people so that there is discipline here again;-)
trading is like dancing, don't think and just listen to the music!
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