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Cable Update (GBPUSD)

  • #858,801
  • Apr 27, 2025 7:16pm Apr 27, 2025 7:16pm
Long Gold, Target 3375.00
  • #858,802
  • Apr 27, 2025 7:56pm Apr 27, 2025 7:56pm
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yes yes yes
  • #858,803
  • Apr 27, 2025 8:52pm Apr 27, 2025 8:52pm
Gold - M1 - showing the entry after the pullback in the MA200-Exponential,
stop loss above the top,
Attached Image (click to enlarge)
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Together we can be strongest
Vantage Return This Month: -97.0%
  • #858,804
  • Apr 27, 2025 9:31pm Apr 27, 2025 9:31pm
The first trade on Monday to warm up my skills. The environment was rising in the order of H1, M30 and M15, and was in an uptrend. However, from Friday NY, LimeM30 leveled out and squeezed. In the morning, it dropped to ATRLow, then H1 and M30 turned slightly upward, so I made a Buy Entry. I set MT4 trailing settlement to 7, but it was cut off at +18.1. There was a narrow range with SUpp RedLine and ResYellowLine going up and down.
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  • #858,805
  • Apr 27, 2025 10:36pm Apr 27, 2025 10:36pm
Quoting palpite
Gold - M1 - showing the entry after the pullback in the MA200-Exponential, stop loss above the top, {image}
Gold - Sell - 3.291
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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Together we can be strongest
Vantage Return This Month: -97.0%
  • #858,806
  • Edited 11:54pm Apr 27, 2025 11:38pm | Edited 11:54pm
At this point you could probably write a blues song about waking up in the morning and still being at 1.33

Is it still peoples consensus that the DXY is going back above 100? I know people have posted replies to my previous query showing what they think is going to happen, but no one has given a reason why.
  • #858,807
  • Apr 28, 2025 12:01am Apr 28, 2025 12:01am
Quoting Moty
{image}
Price moved up . I think it went up for liquidity . What you say ?
  • #858,808
  • Apr 28, 2025 12:58am Apr 28, 2025 12:58am
While time is undeniably the dominant factor 3423 is feasible, as a result of 3317 breakout the cycle yet not complete, with macro vs micro push and pull hence lack of momentum
MARKET ABHORS LAZINESS,DOING MY HOMEWORK ....
  • #858,809
  • Apr 28, 2025 2:25am Apr 28, 2025 2:25am
Gj seem interesting while Gu is neutral..anyways lets see
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https://x.com/moneyprinte
  • #858,810
  • Apr 28, 2025 2:32am Apr 28, 2025 2:32am
G/M, price currently range-bound/consolidative on 1hr certainly, and probably 4hr too? Asian hi and lo occurred within Fri's hi and lo, and no b/o either way of today's Asian extremes, or of course Fri's hi or lo yet, into early London trading.

1hr below
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Trader with an Edge.
  • #858,811
  • Apr 28, 2025 2:47am Apr 28, 2025 2:47am
Quoting Headland
G/M, price currently range-bound/consolidative on 1hr certainly, and probably 4hr too? Asian hi and lo occurred within Fri's hi and lo, and no b/o either way of today's Asian extremes, or of course Fri's hi or lo yet, into early London trading. 1hr below {image}
I'm holding long GU, because the DXY just did a sweep, I see downward movement for DXY today.
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  • #858,812
  • Apr 28, 2025 3:14am Apr 28, 2025 3:14am
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yes yes yes
  • #858,813
  • Apr 28, 2025 3:15am Apr 28, 2025 3:15am
Quoting Guy1969
{quote} I'm holding long GU, because the DXY just did a sweep, I see downward movement for DXY today. {image}
Hi. Good luck with it. I had a little long off that 30min inverted hammer close @ the last 30min sw lo, using that close as the trigger for entry. Price has challenged the bottom of a prev 1hr sw hi zone = pot res, that leads to asian/current dly hi, where supply has been met @ what is the current top of that upmove.

1hr below
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Trader with an Edge.
  • #858,814
  • Apr 28, 2025 3:17am Apr 28, 2025 3:17am
Patiently waiting for 3220.
  • #858,815
  • Apr 28, 2025 3:23am Apr 28, 2025 3:23am
...today's asian/current dly lo touched the 4hr part of a prev 1hr/4hr sw lo zone = prev supp now =pot supp, that extends down to last wk's lo, this another test of a wider prev 4hr/minor dly sw lo zone = prev supp = pot supp that has offered support on each dip back into it, from above it, so far @ least.

4hr below
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Trader with an Edge.
  • #858,816
  • Apr 28, 2025 3:38am Apr 28, 2025 3:38am
Quoting palpite
{quote} Gold - Sell - 3.291 {image} {image}
Gold - Buy - 3.287
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Together we can be strongest
Vantage Return This Month: -97.0%
  • #858,817
  • Apr 28, 2025 3:40am Apr 28, 2025 3:40am
...currentlty, re ema crosses, as below

10/20/40 ema crosses graphic below
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Trader with an Edge.
  • #858,818
  • Apr 28, 2025 3:52am Apr 28, 2025 3:52am
Sold 1.3330
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #858,819
  • Apr 28, 2025 3:55am Apr 28, 2025 3:55am
Crooky squeeze false breaky mf
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yes yes yes
  • #858,820
  • Apr 28, 2025 3:59am Apr 28, 2025 3:59am
...4hr gmt+2hrs feed close is likely to be bullish (as is 1hr,) in a few seconds, creating a fractal swing HL on that t/f

4hr below
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Trader with an Edge.
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