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Cable Update (GBPUSD)

  • #578,981
  • Feb 18, 2021 8:06am Feb 18, 2021 8:06am
Quoting Coreg2004
Possible play for today... {image}
what is the fib exp of the 3.. to wild, more the 2.618
  • #578,982
  • Feb 18, 2021 8:06am Feb 18, 2021 8:06am
Quoting navk
{quote} 4000 unlikely today. Just gut feeling. ha..ha..
if not today then defo tomorrow unless there is a big enough retracement
Insane in the Brain..
  • #578,983
  • Feb 18, 2021 8:08am Feb 18, 2021 8:08am
Quoting Moty
come on dx , yes you can . if you can't do it , no one can {image}
still holding shorts?
  • #578,984
  • Feb 18, 2021 8:12am Feb 18, 2021 8:12am
Quoting gatenio
{quote} still holding shorts?
yes , i waiting for correction or full reversal for exit
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yes yes yes
  • #578,985
  • Feb 18, 2021 8:12am Feb 18, 2021 8:12am
Quoting gatenio
{quote} still holding shorts?
unfortunately i think Moty and I are alone in the shorting game....
Insane in the Brain..
  • #578,986
  • Feb 18, 2021 8:13am Feb 18, 2021 8:13am
Quoting Moty
{quote} yes , i waiting for correction or full reversal for exit
whats your exit point? im readjusting to the 13850 now. take a 50 pip hit and then go up again
Insane in the Brain..
  • #578,987
  • Feb 18, 2021 8:14am Feb 18, 2021 8:14am
Quoting Moty
{quote} yes , i waiting for correction or full reversal for exit
I'd get out on the hourly dump if I was you
  • #578,988
  • Feb 18, 2021 8:15am Feb 18, 2021 8:15am
Quoting gatenio
{quote} what is the fib exp of the 3.. to wild, more the 2.618
gatenio, yes, possible injection of steroids (4.236 of W2 extension) but GU has already gone 120% of the daily ATR(14) -above 1.3950- so be careful with the possible move to the upside.
Always trade your own plan...I don't provide trading signals.
  • #578,989
  • Feb 18, 2021 8:16am Feb 18, 2021 8:16am
Quoting Moty
{quote} yes , i waiting for correction or full reversal for exit {image}
i will be amaze if it drop below 1.39 in this circle. maybe next week
but since im out of trades, i hope you will get it
  • #578,990
  • Feb 18, 2021 8:23am Feb 18, 2021 8:23am
if you want to join the ride, buy here, still not too late since every retail trader look for retrace or reversal and it will not happen
Damage
  • #578,991
  • Feb 18, 2021 8:23am Feb 18, 2021 8:23am
Quoting navk
{quote} 4000 unlikely today. Just gut feeling. ha..ha..
impossible is nothing ...but you might be right b/c it can be 1.39991...
Always trade your own plan...I don't provide trading signals.
  • #578,992
  • Feb 18, 2021 8:29am Feb 18, 2021 8:29am
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My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #578,993
  • Feb 18, 2021 8:29am Feb 18, 2021 8:29am
...back @ desk updating charts. Wkly R2, Daily R3, and 100% upside extension of y/day's daily candle @ current daily hi - @ 156% of 30day adr....testing deep into that prev wkly sw lo zone = prev supp=pot sbr from march 2018 that began @ 3965 - circa 4006. Wkly below.
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Trader with an Edge.
  • #578,994
  • Feb 18, 2021 8:33am Feb 18, 2021 8:33am
NY session Breathing Point
  • #578,995
  • Feb 18, 2021 8:34am Feb 18, 2021 8:34am
Quoting BeeTogether
{quote} unfortunately i think Moty and I are alone in the shorting game....
don't worry . it can be false break
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yes yes yes
  • #578,996
  • Feb 18, 2021 8:37am Feb 18, 2021 8:37am
Saturation point reached. Expecting a 38.2% of that leg up, and reload a buy if necessary. Just my opinion.
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  • #578,997
  • Feb 18, 2021 8:37am Feb 18, 2021 8:37am
23% fib reached... 1,3850 closed rest of my shorts. Tiny short again but very careful. Not again a roller coaster upwards, 3 are enough for today.
  • #578,998
  • Feb 18, 2021 8:39am Feb 18, 2021 8:39am
Quoting Bartosz77
Today's target 1.39850...
And so it is.
Looking at the retrace to 1.39300:

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WT
  • #578,999
  • Feb 18, 2021 8:41am Feb 18, 2021 8:41am
Quoting Moty
{quote} don't worry . it can be false break {image}
i hope you are making money on this

i got 1 loss, now i am staying away
  • #579,000
  • Feb 18, 2021 8:41am Feb 18, 2021 8:41am
Quoting Jonadab
Saturation point reached. Expecting a 38.2% of that leg up, and reload a buy if necessary. Just my opinion. {image}
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Olu