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Cable Update (GBPUSD)

  • #824,261
  • May 3, 2024 4:34am May 3, 2024 4:34am
Quoting DimoProFm
{quote} HEY GBPUSD TRADERS SEE HOW A PRO TAKES,BOOKS TRADES BELOW ITS M15 CHART....IF YOU SEE PRICE PULLBACK TO MAs 50sma and 144exp just click buy and exit today with NY mkt or when you have made enough cash..however, mkt will reverse today for short retracement with NY mkt close because Monday and Tuesday mkt will trade that retracement downtrend....but GBPUSD is in the strong wave for uptrend drive any downtrend that you witness is just a minor Mkt pause ..Happy trading.... {image}
what a joke, nice
People don't plan to lose. They lose because they don't plan.
  • #824,262
  • May 3, 2024 4:38am May 3, 2024 4:38am
Hello Guys,
Be careful of YEN today,
after 600-700 pips Drip this week its Friday,
remember the Positive Swap is still there specially in Cross pairs
so be careful of any unusual Retracement,
i will wait for 155.00 or above to re enter,
same goes for Cross pairs like GBPJPY EURJPY CADJPY CHFJPY
at least 150-200 pips retracement before i start selling again,
its NFP + ISM and ISM may steal the Show today,
NFP always have been Double edge sward,
about GOLD if it dropped below 2270 i will buy,
small lot,
so i will trade safe looking for EURCAD and GBPCAD setup not trading USD always today.
next week will be different story dust will settle, and things will become more clear.,
Just my 2 Cents.
Good Luck guys.
" A smart person knows what to say, a wise person knows whether to say it or not."
Don't compare your Trades with Others
  • #824,263
  • May 3, 2024 4:39am May 3, 2024 4:39am
Quoting bonjotus
Great opportunity for buy positions TP 1.25650
TP has been hit Thank GOD for another winning trade I will be posting all my signals on here from now on Good luck to all the traders here
  • #824,264
  • May 3, 2024 4:40am May 3, 2024 4:40am
They have put USDJPY on sell mode. Probably this selling of dollars have effect on other pairs. Overall dollar is on sell mode.
  • #824,265
  • May 3, 2024 4:45am May 3, 2024 4:45am
Short at 12561 will look for a long slightly lower
Insane in the Brain..
  • #824,266
  • May 3, 2024 4:45am May 3, 2024 4:45am
NFP .... then ISM ....
looks like storm is coming ....
Position sizing, risk & phycology management are real definition of trading
  • #824,267
  • May 3, 2024 4:46am May 3, 2024 4:46am
Quoting suhas316
Going long... {image}
Target achieved
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 34 KB
!! Radha Radha !!
  • #824,268
  • Edited 5:07am May 3, 2024 4:56am | Edited 5:07am
Quoting BeeTogether
Current barrier is at 12550 as we can tell. However a move up might be limited with NFP due in 4.5 hours. May keep the longs running but with an SL with this weeks profit in mind
GU feat NFP DAY

Bro.

This is my gambling bet for today.
Hoping to double my account today or burst.
With some luck. we leaving with the lambo with this one
SL 100 pips whichever way it goes.
Attached Image (click to enlarge)
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I believe today data is 50/50 meaning one is bullish one is bearish for what ever country it is.
Thus it will take out all liquidity from buyer and seller regardless how smart we are.

The market will do two moves.
The outcome of Both Data sets have to be respected in the same session.
But which way it going to spike first ?.


I believe today, both long and short NFP gamblers on their way to get liquidated
So why not join the fun.

As I wa saying this scenario is only for Mixed data when data is 50/50 the best events are when data is clearly one sided meaning very bullish or very bearish.

We call that a slam dunk event.


P/S : To ALL, this is not signal service.
It is roulette account
I'm going out for a while and please don't do anything stupid while I'm gone.
Feel free to comment. (stupid comment are acceptable too)
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #824,269
  • May 3, 2024 4:58am May 3, 2024 4:58am
Quoting Eren10
They have put USDJPY on sell mode. Probably this selling of dollars have effect on other pairs. Overall dollar is on sell mode.
to be honest Yes,
i am still waiting for Retracement maybe today or Monday to start with Yen pairs again,
right now even in 4H and some of them on Daily are over sold so if i were you i will wait for retracement,
and sell again almost every YEN pair cross specially,
look at monthly chart most corss pairs like GBPJPY EURJPY they have been flying from past 9 months,
its time to get back to the Ground but as usually Charts are not always simple,
so we wait,
"your two Powerful warriors are, Patience and Time"
Don't compare your Trades with Others
  • #824,270
  • May 3, 2024 5:03am May 3, 2024 5:03am
Quoting ricmaj
Friday bulling the bears long at 1.25440 sl 15pips tp 45pips
Closed for the day thanks to 20 beer pips. TGIF
Keep the Lights on then you can catch the rise from the dark.
  • #824,271
  • May 3, 2024 5:07am May 3, 2024 5:07am
Quoting DubaiFX
{quote} to be honest Yes, i am still waiting for Retracement maybe today or Monday to start with Yen pairs again, right now even in 4H and some of them on Daily are over sold so if i were you i will wait for retracement, and sell again almost every YEN pair cross specially, look at monthly chart most corss pairs like GBPJPY EURJPY they have been flying from past 9 months, its time to get back to the Ground but as usually Charts are not always simple, so we wait, "your two Powerful warriors are, Patience and Time"

152 will be key I think. Now US and BOJ are buying Yen's. If they stop probably it could go higher again.

-

Now USDX has some support around 105.
  • #824,272
  • May 3, 2024 5:26am May 3, 2024 5:26am
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yes yes yes
  • #824,273
  • May 3, 2024 5:46am May 3, 2024 5:46am
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Attached Image (click to enlarge)
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  • #824,274
  • May 3, 2024 6:32am May 3, 2024 6:32am
Looks like no 1.27 this week. Next maybe?
  • #824,275
  • May 3, 2024 6:36am May 3, 2024 6:36am
Quoting jordanvic
Looks like no 1.27 this week. Next maybe?

all depends on fomc in less than an hour
Insane in the Brain..
  • #824,276
  • May 3, 2024 6:45am May 3, 2024 6:45am
EU looks like a smash at the level above.
Will get the Moty Hammer
Attached Image(s) (click to enlarge)
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Compulsions can be hard to resist
  • #824,277
  • May 3, 2024 7:02am May 3, 2024 7:02am
All out until NFP in 25 mins.
Insane in the Brain..
  • #824,278
  • May 3, 2024 7:19am May 3, 2024 7:19am
Quoting Luxyus
{quote} i live in my world, where there s no time and place for ppl like u. GL and welcome on my ignore list
ok time will tell wot u need 2 address have fun
protein for breakfast !
  • #824,279
  • May 3, 2024 7:21am May 3, 2024 7:21am
Quoting BeeTogether
{quote} all depends on fomc in less than an hour
FOMC was on Wednesday. wake up bro)
  • #824,280
  • May 3, 2024 7:25am May 3, 2024 7:25am
Quoting QTraders
GBPUSD 3.May.2024 Although this looks to be a correction in a uptrend the GBPSUD refuses to fall. My next level is where I am waiting for it to hit then I can evaluate a short trade based on the correct liquidity.{image}
ur using a 5 digit broker so every 1/10 pip is liquidity if u live in the real world but keep pullin on dat donkey rope.

note to urself - goin bak thru each decade u see 4 or 5 digit brokerage exposure. dats ur first clue @liquidity. either u wanna get better or ur wasting ur time
protein for breakfast !
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