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Cable Update (GBPUSD)

  • #859,181
  • May 6, 2025 8:13am May 6, 2025 8:13am
Closed my short on GBPUSD, with a loss. I guess USD is still bearish until 90.
  • #859,182
  • May 6, 2025 8:16am May 6, 2025 8:16am
My key zones for GU.
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  • #859,183
  • May 6, 2025 8:24am May 6, 2025 8:24am
USD/JPY Today's trade began with the Tokyo market closed, at a point where a short-term rise was rejected by resistance. All of the midway recovery attempts were pushed down by the H4 daily downtrend, making it an easy-to-understand market.
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  • #859,184
  • May 6, 2025 9:16am May 6, 2025 9:16am
I think this might be the extent of the correction.
  • #859,185
  • May 6, 2025 9:54am May 6, 2025 9:54am
Watching for usdx breaks up for immediate limit 99.30 if attempt bounce !!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #859,186
  • May 6, 2025 10:10am May 6, 2025 10:10am
Quoting Mitiblotch
Putting pictures to words. EU daily below: See grey shaded ellipse and see the line coming from possible left shoulder of a tentative SHS pattern. If it forms a right shoulder then price may run up to 1490 area before a dump. {image} GU daily below: See grey shaded ellipse and see line coming from possible left shoulder of a tentative SHS pattern. If it forms a right shoulder then price may runp up to 3430 area before a dump.{image}
Price following this script. Selling has become a nightmare for those selling. Wondering if 3162 mobthly pivot will be touched at all.
  • #859,187
  • May 6, 2025 10:14am May 6, 2025 10:14am
Quoting Mitiblotch
Long 3286. Don't follow. This is a shaky trade.
Quoting Mitiblotch
{quote} Out of this at 3323 for +35 pips. Turned out it was a good trade. Still holding a litter with SL moved to +3 to make it risk free.
Out of the rest here at 3368 for +80 pips.
  • #859,188
  • May 6, 2025 10:17am May 6, 2025 10:17am
Quoting Mitiblotch
{quote} {quote} Out of the rest here at 3368 for +80 pips.
You were right, gbpusd is still long. No reason to be bearish.
  • #859,189
  • May 6, 2025 10:17am May 6, 2025 10:17am
Quick Buy

Bull gang Buy ENtry @ 1.33670 sl 10pips tp 30pips
Keep the Lights on then you can catch the rise from the dark.
  • #859,190
  • May 6, 2025 10:19am May 6, 2025 10:19am
Everything is slow today. I think market is waiting for Trump and Carney meeting.
  • #859,191
  • May 6, 2025 10:44am May 6, 2025 10:44am
So watching for limit test 3334; , after 3362 breaks and hold .
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #859,192
  • May 6, 2025 11:06am May 6, 2025 11:06am
[quote=Wavegarrick;15234167]
Quoting Wavegarrick
{quote} Last roll of the dice Folks. It's a no brainer when they pitch up together. Ascending trendline needs to hold on the daily time frame. Buy trade added. Have a great week. Cheers. {image}
Scammer MF's have been at it again. Dirty moves by the market fundi's and price manipulation. Nevertheless, all good with above trade locked at b/even and some.
My target remains 1.35425.
Have a great week.
Cheers.
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Trade to trade another day
  • #859,193
  • May 6, 2025 11:28am May 6, 2025 11:28am
[quote=Wavegarrick;15238246]
Quoting Wavegarrick
{quote} Scammer MF's have been at it again. Dirty moves by the market fundi's and price manipulation. Nevertheless, all good with above trade locked at b/even and some. My target remains 1.35425. Have a great week. Cheers. {image}
Had to wipe the tears from my eyes from laughing so much...
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  • #859,194
  • May 6, 2025 11:30am May 6, 2025 11:30am
Quoting ricmaj
Quick Buy Bull gang Buy ENtry @ 1.33670 sl 10pips tp 30pips
it is a good buy area 134-13420 in the zone now
Insane in the Brain..
  • #859,195
  • May 6, 2025 12:15pm May 6, 2025 12:15pm
GBPCAD, I'm going long again, same target.
  • #859,196
  • May 6, 2025 12:27pm May 6, 2025 12:27pm
Another day of Choose your spot & Hold. I bought all the GU and EU dips. I may have to adjust my USDCAD sell target to lower.
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  • #859,197
  • May 6, 2025 1:28pm May 6, 2025 1:28pm
UJ, the H1 SMA200 a likely target for a retrace. At the same time, I'm looking at shorting Gold to 0.786 fib of the H1 range.
  • #859,198
  • May 6, 2025 3:04pm May 6, 2025 3:04pm
GU and EU sellers leaning hard on M15 and M30
  • #859,199
  • May 6, 2025 4:36pm May 6, 2025 4:36pm
Quoting Mitiblotch
Putting pictures to words. EU daily below: See grey shaded ellipse and see the line coming from possible left shoulder of a tentative SHS pattern. If it forms a right shoulder then price may run up to 1490 area before a dump. {image} GU daily below: See grey shaded ellipse and see line coming from possible left shoulder of a tentative SHS pattern. If it forms a right shoulder then price may run up to 3430 area before a dump.{image}
Update to chart: Price moving according to plan. For sellers, if price breaks that blue resistance line of tentative right shoulder, please run away!
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  • #859,200
  • May 6, 2025 5:06pm May 6, 2025 5:06pm
Quoting Mitiblotch
{quote} Update to chart: Price moving according to plan. For sellers, if price breaks that blue resistance line of tentative right shoulder, please run away! {image}
I see a pullback before continuation, but it is still bullish. Trading the pullback overnight.
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