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Cable Update (GBP/USD) without Idiots 23 replies

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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

Ended up shorting at 1.38347 because of the CP on dxy and the picture on treasury yields, stop is at BE already, I think we can see 1.38 at least. If it pops up and stops me I'll just leave it.

Will TP around S2/1.38 if we get there

Just closed at 1.3817. Just a scalp
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last guess:

1.3810th then 1.3910 (WPP) or 1.3930 (DeMark's WPP)
dolce vita
1.3804
will I get it?
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dolce vita
Quoting Sang.Real
{quote} GU almost there {image}

GU

Closed scalping position.

Wait for next set up to complete.

If any professional/ expert /experienced traders here would like to share next set up is much appreciated.

Thanks for helping Newbie.

Sincerely

Sang Real


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Based on the daily picture I posted on sat, I believe the downtrend will continue until 1.3750-1.3700 when we should turn bullish again. Ofc FOMC tomorrow can change everything

Would be perfect if we touched down into this area by tomorrow, Fed announces support for the bond market, creates a massive spike and we all make lots of money
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Short in at 1.3816 target 1.3800
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Don't trade what you think. Just what you see!!!
Quoting Georginson
Bought at 1.3845 target 1.3900
INTRADAY
Second buy limit set at 1.3805, I expect a bounce in the short term to 1.3920/1.3960 area before further fall to 1.3650 area this March as far as 1.4050 doesn't break.

SWING
short entry from 1.3950 still in place for a target of 1.3650.
Swing and Intraday
GU

Scalping again.

SNR zone entry

Trade at your own risk

This is only newbie entry not trade recommendation.


Sang Real

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Hi there
Info for those, who is interested in fundamental market drivers:
In 2019, DXY weakened on five of eight FOMC meeting days. In 2020, DXY has weakened on nine of ten decision days. This pattern may have changed this year. The dollar gained at the January meeting. If the FED is unable to shift market expectations away from rising yields at this week’s meeting on Wednesday, then we would expect rates to spike higher and give the dollar further fuel to rise.
Brace yourself, and dont trade against trend
Quoting babayaga
1.3804 will I get it? {image}
close manually +20
I' d like to have a break ()
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dolce vita
I had enough of this crooky gu
Entered long gold
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Quoting babayaga
last guess: 1.3810th then 1.3910 (WPP) or 1.3930 (DeMark's WPP)

if on the way up she will pass 1.3860th
dolce vita
ab=cd is in place, didnt buy it yet, think it should drop more or at least another visit.
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Keep it simple, stupid.
Quoting Moty
I had enough of this crooky gu Entered long gold {image}
gold PA is AWFUL! yak, yichsa!
Keep it simple, stupid.
Quoting gatenio
{quote} gold pa is awful! Yak, yichsa!
תעקוץ קטנות אחי
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
yea bears are good but can you endure the pain up to 13860, am scalping from 13830 til there with impunity
twitter: @gettoefl
G/M, downside breach of the 3188-3778 dly asc t/line in the move down (94% of 30day adr so far,) and the current dly lo @ 85.4% of the 3778-4005 move, and probably Wkly S1 for some, (depending on broker timings.) Next Dly+ asc t/line on today's dly candle circa 3750. U.s retail sales later.

1hr below.
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Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
I was too early entering my first position before London. I suspected it will happen like this. I didn't listen myself. Anyway BE. Lost the downtrend. GU laid all cards now. Didn't trigger my buy at the low. So bought it a little bit above.
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Dont think bears are finished, I'll sell up at 1.3860-70

Bounce off 4h demand zone/weekly S1/100% fib ext
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Quoting ChiForex
Today seems a drop to 1.3800s in the cards, this time taking EU with it, while base above 1.3910 and we're probably back to 1.3940s
Target met..buy order executed Tp 1.3890-00s and sell again, SL base below 1.38
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
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