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Cable Update (GBPUSD)

  • #822,241
  • Apr 19, 2024 4:50am Apr 19, 2024 4:50am
Quoting DubaiFX
hello guys, for me, still yen cross pairs are looking good, but be careful of bailey's speech. usdjpy is at all time high, 154.50 not looking good for Japan, yesterday a 70 pip drop in just a minute was hint they will keep doing it, so i am staying with gbpjpy sold at 192.60 target 192.20 slow day, also chfjpy 169.60-169.10 might not be a bad idea, just sharing good luck.
hello Guys,
what a Great Drop it was. in YEN
loved it,
now it reversed and sold again GBPJPY EURJPY USDJPY
lets see where it ends this time,
i am not trading short term Medium to long term but that works usually in my favor.
Good luck.
Don't compare your Trades with Others
  • #822,242
  • Apr 19, 2024 4:53am Apr 19, 2024 4:53am
Quoting DubaiFX
{quote} hello Guys, what a Great Drop it was. in YEN loved it, now it reversed and sold again GBPJPY EURJPY USDJPY lets see where it ends this time, i am not trading short term Medium to long term but that works usually in my favor. Good luck.
That was a great sell yeah. Made my coffee that much better today.

Kind of baffled for how long will Japan let this go on... the only thing I'm certain us that Japan will come out with some kind of news today in my opinion.

When I felt price was stalling on Iran news I took the profit and that's it. But, as I said earlier, that was so lucky. Price could have easily dropped further than it did.

I cannot count the times where I would have been in great profit especially on JPY pairs and then the price would return and I'd actually lose some instead of taking profit.

As long as USD/JPY remains below 155, other currencies have the opportunity to go up against JPY. GBP/JPY 195.5 isn't out of the question (2015. high).

As of this moment, I don't see 200 handle on GBP/JPY.
  • #822,243
  • Apr 19, 2024 4:54am Apr 19, 2024 4:54am
Quoting DubaiFX
{quote} hello Guys, what a Great Drop it was. in YEN loved it, now it reversed and sold again GBPJPY EURJPY USDJPY lets see where it ends this time, i am not trading short term Medium to long term but that works usually in my favor. Good luck.
It was actually Fear no matter waht reports says Israel will retaliate again,
if not even theh nthe treats will make Risk Aversion come back,
and G7 meeting was also helpful for Japan.
so i am still Looking for 150.00 AT LEAST. THAT may take a while but in between short term trades are working well.
thank you.
Telegram is will be up and running this weekend.
as i mentioned free of charge
Don't compare your Trades with Others
  • #822,244
  • Edited 5:09am Apr 19, 2024 4:58am | Edited 5:09am
Quoting DubaiFX
{quote} It was actually Fear no matter waht reports says Israel will retaliate again, if not even theh nthe treats will make Risk Aversion come back, and G7 meeting was also helpful for Japan. so i am still Looking for 150.00 AT LEAST. THAT may take a while but in between short term trades are working well. thank you. Telegram is will be up and running this weekend. as i mentioned free of charge
Huge Weekly and Daily Support is just around 149.
However, for that kind of drop we would have to see the news about Fed cutting rates sooner (June, July) or Japan intervention. Let's say Intervention takes place below 155, then the price would drop to 149.

Every intervention produced 550 pips on USD/JPY, so basically intervention happening right now would drop the price to 149.
  • #822,245
  • Apr 19, 2024 4:59am Apr 19, 2024 4:59am
Quoting thevisitor
Buy 1.2398 TP 1.2530 Sl 1.2380
Sl positive
  • #822,246
  • Apr 19, 2024 5:02am Apr 19, 2024 5:02am
Quoting T721
gbp/usd daily analysis..... Important levels it could easily reverse from either of black line resistance so be careful guys n gurls {image} {image}
I got 125 as the immediate area of interest. Might take hit there and look to recoup on the reverse back to 12380 which was the support area I mentioned a few days ago
Insane in the Brain..
  • #822,247
  • Apr 19, 2024 5:15am Apr 19, 2024 5:15am
Better they sell it so that we can buy
  • #822,248
  • Apr 19, 2024 5:16am Apr 19, 2024 5:16am
Quoting Konichiwhaat
{quote} I see all. You must act. You must focus {image}
bro I was watching btcusd i marked up the chart on gbpjpy and chfjpy but i wasnt watching
  • #822,249
  • Apr 19, 2024 5:20am Apr 19, 2024 5:20am
The drop is coming
I am staying with my at the dragon
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yes yes yes
  • #822,250
  • Apr 19, 2024 5:30am Apr 19, 2024 5:30am
GBPJPY
Sell at current price 192.30
Stop loss 192.65
Target 191.40 or slightly lower
  • #822,251
  • Apr 19, 2024 5:35am Apr 19, 2024 5:35am
Quoting Godspromise
{quote} bro I was watching btcusd i marked up the chart on gbpjpy and chfjpy but i wasnt watching
Don't trade BTC. Just own it
Emotional Control. Process, not outcome.
  • #822,252
  • Apr 19, 2024 5:43am Apr 19, 2024 5:43am
Quoting Konichiwhaat
{quote} Don't trade BTC. Just own it
No real person will buy 1 bitcoin for 70000. For that money they will try to buy a home. Only US institutions can drive price higher İ guess.
  • #822,253
  • Apr 19, 2024 5:46am Apr 19, 2024 5:46am
Quoting Xrin-Night
there could be a 30-40 pips down as retracement from here, and price will continue bullish again {image}
like i said before, price started a retracement, could reach 1.2404 area then will/may start bullish again
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  • #822,254
  • Apr 19, 2024 5:51am Apr 19, 2024 5:51am
Quoting Eren10
{quote} No real person will buy 1 bitcoin for 70000. For that money they will try to buy a home. Only US institutions can drive price higher İ guess.
Correct. You had to be invested in 2017 or before for whole Bitcoin. But individual Satoshis are now valuable too, and cheap. My BTC portfolio is in NZD... Long story
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Emotional Control. Process, not outcome.
  • #822,255
  • Apr 19, 2024 5:53am Apr 19, 2024 5:53am
Quoting Eren10
{quote} No real person will buy 1 bitcoin for 70000. For that money they will try to buy a home. Only US institutions can drive price higher İ guess.
There are a lot of alt coins for next to nothing that will easily 10x
  • #822,256
  • Apr 19, 2024 5:58am Apr 19, 2024 5:58am
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yes yes yes
  • #822,257
  • Apr 19, 2024 6:01am Apr 19, 2024 6:01am
Quoting Konichiwhaat
{quote} Don't trade BTC. Just own it
if I got that kinda bank I would own bro but I have to create wealth before I can store it
  • #822,258
  • Apr 19, 2024 6:03am Apr 19, 2024 6:03am
Yes yes yes
Signal
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yes yes yes
  • #822,259
  • Apr 19, 2024 6:05am Apr 19, 2024 6:05am
shorts secured and taken partial profits
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trading is like dancing, don't think and just listen to the music!
  • #822,260
  • Apr 19, 2024 6:12am Apr 19, 2024 6:12am
Quoting Konichiwhaat
{quote} Correct. You had to be invested in 2017 or before for whole Bitcoin. But individual Satoshis are now valuable too, and cheap. My BTC portfolio is in NZD... Long story {image}

At that time in 2010 I had exactly 200 euro for investing in long term very low priced stock.

And met with BTC here on FF. However, I trusted that it was developed by a student and did not invest thinking it is just a software. After that period I did not follow with investing idea and missed it
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