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Cable Update (GBPUSD)

  • #856,661
  • Mar 14, 2025 10:48am Mar 14, 2025 10:48am
Quoting BeeTogether
All out of GJ shorts at the moment. Wasn’t going to get to b/e so took a small hit. flipped to long GJ 19200 TP 19250
SL hit .. out now
Insane in the Brain..
  • #856,662
  • Mar 14, 2025 11:07am Mar 14, 2025 11:07am
Trump inauguration Jan/21/2017, same thing will happen now Jan/20/2025, gbp, eur, will go up for the entire year.
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  • #856,663
  • Mar 14, 2025 11:15am Mar 14, 2025 11:15am
Quoting BeeTogether
{quote} the range seems quite tight. UK data was poor and yet despite the initial drop it bounced up. If we go over 193 then I’m going to take a bigger hit. Else I might just be at 192 unless there is PA to turn it bearish on the daily

I eventually got 32pips out of it. Calling it a week. Trade safe.
  • #856,664
  • Mar 14, 2025 11:24am Mar 14, 2025 11:24am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #856,665
  • Mar 14, 2025 11:37am Mar 14, 2025 11:37am
Quoting Wavegarrick
{quote} Buy trade at 1.22271 going great at 700 pips profit. I could trade short scalps from this level with a target towards 1.28113 and 1.28000 for an overshoot. Have a great week. Cheers. {image}
Just a matter of time for full sell confirmation signals and a short-term swing trade to the downside. Could happen early next week. Immediate target 1.28000 to 1.275000.
Trade safe and have a great weekend.
Cheers.
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Trade to trade another day
  • #856,666
  • Mar 14, 2025 11:57am Mar 14, 2025 11:57am
Quoting elude
{quote} Limit buy triggered. SL moved to positive, 1.2922 (+2 PIPs) → Bought 1.2920 / SL 1.2922 (+2 PIPs) / TP 1.3024 (104 PIPs)
SL hit +2 PIPs.
The weekly chart appears to be weakening, but I'm still unsure. I won't rush myself; I will be patient.
  • #856,667
  • Mar 14, 2025 12:05pm Mar 14, 2025 12:05pm
Quoting Wavegarrick
{quote} Just a matter of time for full sell confirmation signals and a short-term swing trade to the downside. Could happen early next week. Immediate target 1.28000 to 1.275000. Trade safe and have a great weekend. Cheers. {image}
I am tired of waiting. I am waiting since last Friday. Both with EUR/USD.
Maybe FOMC (Wednesday) or BOE rate (Thursday) will be the trigger.
  • #856,668
  • Mar 14, 2025 12:16pm Mar 14, 2025 12:16pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #856,669
  • Mar 14, 2025 12:39pm Mar 14, 2025 12:39pm
Quoting elude
{quote} SL hit +2 PIPs. The weekly chart appears to be weakening, but I'm still unsure. I won't rush myself; I will be patient.
Attached Image (click to enlarge)
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Although I mentioned that the weekly chart is weakening, a bullish flag has formed on the H4 chart.
  • #856,670
  • Mar 14, 2025 12:39pm Mar 14, 2025 12:39pm
Quoting bigiivan
{quote} I am tired of waiting. I am waiting since last Friday. Both with EUR/USD. Maybe FOMC (Wednesday) or BOE rate (Thursday) will be the trigger.
Hi Bud.
I feel your pain and have learnt to walk away and carry on with normal activities and only come back when it is more relevant. We will see how it pans out.
Cheers.
Trade to trade another day
  • #856,671
  • Mar 15, 2025 2:26am Mar 15, 2025 2:26am
Quoting bigiivan
{quote} I am tired of waiting. I am waiting since last Friday. Both with EUR/USD. Maybe FOMC (Wednesday) or BOE rate (Thursday) will be the trigger.
Euro is boosted by the promises of fiscal policies. I'm short on EUR/USD as well, I believe it should follow Cable southwards soon. EUR/USD could make a run for 1.08 next Monday.
  • #856,672
  • Mar 15, 2025 2:44am Mar 15, 2025 2:44am
bounce intact in last yearly upper long wick , next target 3046 and above may a probable top failure effect though there no bar in testing crazy previous top even 3433 in such crazy market , hope not though ! correction down limit can be 2715 as overall sl
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #856,673
  • Mar 15, 2025 4:20am Mar 15, 2025 4:20am
Quoting TooSlow
{image}
Warming up to drop to 1.2865 at least.
  • #856,674
  • Mar 15, 2025 4:37am Mar 15, 2025 4:37am
Quoting Wavegarrick
{quote} Hi Bud. I feel your pain and have learnt to walk away and carry on with normal activities and only come back when it is more relevant. We will see how it pans out. Cheers.
Leon, it is not pain, just boring.
120-130 pips for a whole week. I will get old before take profit.
  • #856,675
  • Mar 15, 2025 6:39am Mar 15, 2025 6:39am
Quoting firsttimer
Bullish bias for UJ. I will look for long setups at lower levels. EJ and GJ turning bullish too. Will watch together. Trade safe.
Choppy price action but managed to grab some pips for the yen pairs before the bearish action.

Hopefully next week bring us more pips. Have a good weekend !
  • #856,676
  • Mar 15, 2025 10:23am Mar 15, 2025 10:23am
Quoting Jackoboms
{quote} Warming up to drop to 1.2865 at least.
I do not predict, I trade based on what is happening and what has happened.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #856,677
  • Mar 15, 2025 10:52am Mar 15, 2025 10:52am
GBPUSD might also go down for 150-200 pips, strong resistance zone created.
  • #856,678
  • Mar 15, 2025 11:07am Mar 15, 2025 11:07am
Working on next week's money. Long UJ, trading the last leg of this harmonic pattern.
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  • #856,679
  • Mar 15, 2025 11:09am Mar 15, 2025 11:09am
GJ, long to 193.650
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  • #856,680
  • Mar 15, 2025 7:37pm Mar 15, 2025 7:37pm
Closed long too early
Managing shorts.
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Quoting W0lfram
March expected range 25%: 420 Median: 530 [...]
Minimum expected range attained
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