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Cable Update (GBPUSD)

  • #860,421
  • May 26, 2025 4:35am May 26, 2025 4:35am
Quoting Abeylyn
{quote} Not yet time for GU Buyers. It should go a little more down... At least 1.3545/50 zone.
IMO, GU has come to the resistance line at 1.35 58 /1.3560 . I am long from 1.3560 and will add every 10 pips .
  • #860,422
  • May 26, 2025 5:01am May 26, 2025 5:01am
Quoting Guy1969
{quote} I'm long > 143.800
my initial target was 14320 however if 143 break then there is a chance of 14380-144.
Insane in the Brain..
  • #860,423
  • May 26, 2025 5:02am May 26, 2025 5:02am
Long 1.3555
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #860,424
  • May 26, 2025 5:27am May 26, 2025 5:27am
Getting intermediate support to or range down apparently lets see how far bounce . Similar gold also for 3339+ possible
And here 3574+
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #860,425
  • May 26, 2025 6:49am May 26, 2025 6:49am
The pound-dollar has finally started to fall. The wedge is working. I will hold the short position for a little while longer.
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  • #860,426
  • May 26, 2025 7:18am May 26, 2025 7:18am
Got to love Bank Holidays, no nasty surprises...
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  • #860,427
  • May 26, 2025 7:20am May 26, 2025 7:20am
come on
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yes yes yes
  • #860,428
  • May 26, 2025 7:41am May 26, 2025 7:41am
Quoting Waveskierrob
Got to love Bank Holidays, no nasty surprises... {image}
I won't be sure with that.
Cose the Mr.Orange could spread his shits from his mouth and it could destroy your positions with a spread
Always follow your own shit
  • #860,429
  • May 26, 2025 7:49am May 26, 2025 7:49am
Quoting jjoohhnnyy13
{quote} I won't be sure with that. Cose the Mr.Orange could spread his shits from his mouth and it could destroy your positions with a spread
Yes you could be right but in general usually bank holidays are quite slow, as for my positions I trade both ways with tiny lots (compared with bank) so I can sit the big spreads out, I trade what's happening now not what I think will happen...
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  • #860,430
  • May 26, 2025 7:53am May 26, 2025 7:53am
Quoting Moty
come on {image}
Hello friend,

Please, give me the link to your indicator that is used in this chart for your stoploss and takeprofit.

To capture your stop loss and take profit area.

Thanks.
Market Structure is the King.....
  • #860,431
  • May 26, 2025 8:41am May 26, 2025 8:41am
[quote=bigiivan;15257094]
Quoting Wavegarrick
{quote} I suggest you to close all byus and to open sell. What do you think, Leon? I mean daily chart.
Bigivan,
A few things. Zooming into the daily chart. The likelihood of a retrace back to my weekly pivot (magenta line) at 1.34441 is good. A bounce from there to 1.38843 is likely.
Having said. A weekly close and more importantly a monthly close above 1.35425 is needed for further up moves. A weekly close below 1.35425 should see a deeper retrace. For now, I wait.
Cheers.
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Trade to trade another day
  • #860,432
  • Edited 10:08am May 26, 2025 8:51am | Edited 10:08am
[quote=Wavegarrick;15257341]
Quoting bigiivan
{quote} Bigivan, A few things. Zooming into the daily chart. The likelihood of a retrace back to my weekly pivot (magenta line) at 1.34441 is good. A bounce from there to 1.38843 is likely. Having said. A weekly close and more importantly a monthly close above 1.35425 is needed for further up moves. A weekly close below 1.35425 should see a deeper retrace. For now, I wait. Cheers. {image}
Wow lots of posts Leon now you're in profit, thanks for being so transparent...
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  • #860,433
  • May 26, 2025 8:54am May 26, 2025 8:54am
Quoting Abeylyn
{quote} Hello friend, Please, give me the link to your indicator that is used in this chart for your stoploss and takeprofit. To capture your stop loss and take profit area. Thanks.
It's not an indicator, it is a standard feature in Tradingview, should be in your tools panel.
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  • #860,434
  • May 26, 2025 9:10am May 26, 2025 9:10am
Looks like 143 just not gonna happen.. need a rocket up to break the zone
Insane in the Brain..
  • #860,435
  • May 26, 2025 10:06am May 26, 2025 10:06am
Quoting Yngwie
Long 1.3555
close this be
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #860,436
  • May 26, 2025 10:54am May 26, 2025 10:54am
Quoting Guy1969
{quote} It's not an indicator, it is a standard feature in Tradingview, should be in your tools panel. {image}
Moty used FXCM... And I uses FXCM so.....

What's the name so that I can search for it ?

Thanks .
Market Structure is the King.....
  • #860,437
  • Edited 11:15am May 26, 2025 10:59am | Edited 11:15am
Quoting Yngwie
{quote} close this be
Nice 1. You are very fast...compared to me. And that's why most of my trade entries comes with higher Stoploss.

Still waiting for an opportunity to Buy.... just for few pips like testing current high because there is higher probability of price reverting back to the Mean...
Market Structure is the King.....
  • #860,438
  • May 26, 2025 11:18am May 26, 2025 11:18am
Quoting Abeylyn
{quote} Moty used FXCM... And I uses FXCM so..... What's the name so that I can search for it ? Thanks .
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  • #860,439
  • May 26, 2025 12:00pm May 26, 2025 12:00pm
Quoting Guy1969
{quote} {image}
Okay, thank you.

Looking for Buy at breakout of 1.3569. Stoploss 1.3550. Take profit 1st leg 20 pips maximum. Then watchout for price reaction at current high 1.3585/94 zone.

Still hanging on....

Good luck.
Market Structure is the King.....
  • #860,440
  • May 26, 2025 1:06pm May 26, 2025 1:06pm
Quoting Abeylyn
{quote} Okay, thank you. Looking for Buy at breakout of 1.3569. Stoploss 1.3550. Take profit 1st leg 20 pips maximum. Then watchout for price reaction at current high 1.3585/94 zone. Still hanging on.... Good luck.
The current base building on the M15 chart is bearish, the candle formation confirms that. The break will be short, not long.
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