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Cable Update (GBPUSD)

  • #584,821
  • Mar 18, 2021 10:19am Mar 18, 2021 10:19am
longs ..and move stop quickly when price move 3-4 pips on favour

edit..out at even
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The only constant is change
  • #584,822
  • Mar 18, 2021 10:20am Mar 18, 2021 10:20am
Source Tradingview, FOREX.com
As the BOE was ”as expected” and the FOMC was not, the direction of GBP/USD will most likely depend on the direction of the US Dollar. If traders believe the Fed, the USD dollar will move lower. However, overnight the USD has been moving higher, a sign that markets think the Fed may be wrong in their call for “transient higher yields”.


So, does anyone remember when the Fed has been right?
  • #584,823
  • Edited 10:34am Mar 18, 2021 10:23am | Edited 10:34am
Quoting shotshell
Source Tradingview, FOREX.com As the BOE was ”as expected” and the FOMC was not, the direction of GBP/USD will most likely depend on the direction of the US Dollar. If traders believe the Fed, the USD dollar will move lower. However, overnight the USD has been moving higher, a sign that markets think the Fed may be wrong in their call for “transient higher yields”. So, does anyone remember when the Fed has been right?
They have been betting against the Fed all morning, big time, main reason for my short bias

Just as i posted i got stopped out BE

Don't know anymore, wait and see for me

You know you could probably trade round numbers exclusively on this pair
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  • #584,824
  • Mar 18, 2021 10:27am Mar 18, 2021 10:27am
Quoting littspaniard
longs ..and move stop quickly when price move 3-4 pips on favour edit..out at even {image}
reload longs
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The only constant is change
  • #584,825
  • Mar 18, 2021 10:30am Mar 18, 2021 10:30am
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yes yes yes
  • #584,826
  • Mar 18, 2021 10:30am Mar 18, 2021 10:30am
Quoting exact
I'm waiting for the next reflection I have a buy limit {image}
interesting area for longs and price could test that area but i have tried to seek oportunities on another interesting area for trades ( red zone)
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The only constant is change
  • #584,827
  • Mar 18, 2021 10:30am Mar 18, 2021 10:30am
Quoting Sang.Real
GU Scalping short {image}
I think 1.39527 will have sellers.
  • #584,828
  • Mar 18, 2021 10:36am Mar 18, 2021 10:36am
...price has reached next potential upside obstacle - a prev 1hr/minor 4hr swing lo zone = prev supp = pot sbr. 1hr below.
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Trader with an Edge.
  • #584,829
  • Mar 18, 2021 10:39am Mar 18, 2021 10:39am
Quoting pipcenturion
{quote} I think 1.39527 will have sellers.
Interesting....I have a sell [email protected]
  • #584,830
  • Mar 18, 2021 10:42am Mar 18, 2021 10:42am
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Fools Rushing
  • #584,831
  • Mar 18, 2021 10:44am Mar 18, 2021 10:44am
my tp is 1.39500 .
i am little piggy ,
and i am not greedy
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yes yes yes
  • #584,832
  • Mar 18, 2021 10:49am Mar 18, 2021 10:49am
Quoting navk
3910 to 3880 is buy zone for today. A big drop for tomorrow to me.
the price seen the low today.

I expect consolidation for the rest of NY session.
Intraday only.
  • #584,833
  • Mar 18, 2021 10:53am Mar 18, 2021 10:53am
Quoting Ihlas
{quote} Destination 1.405 (JUST IMHO Till the end of NY session) Decide it yourself accordingly to volume Bye

I let my imagination run too far But we have unfinishished business there
  • #584,834
  • Mar 18, 2021 10:56am Mar 18, 2021 10:56am
all out !!!
little piggy eat a lot
yam yam
YAM YAM
i LEARNED TO TAKE LITTLE PROFITS
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yes yes yes
  • #584,835
  • Mar 18, 2021 10:59am Mar 18, 2021 10:59am
SNAP LONG , GO GO GO
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yes yes yes
  • #584,836
  • Mar 18, 2021 11:07am Mar 18, 2021 11:07am
Quoting lockstockd
{quote} Me too brother, locked in @1.39049 but will be watching price around 1.39500. Sell Limit still in place for 1.40 but hopefully will be moving this up closer to your target depending on PA. EDIT: Closed at 1.39256 - like watching paint dry waiting for bulls at this level. (probably going to fly up now I'm out lol)
Of course price went to TP (1.39500) when I impatiently closed. Lesson to learn here!!

Anyway, +70 pips for the day, that's me done for today. Leaving Sell Limit in place but it's a long shot right now I think.

Wishing you all many pips!
  • #584,837
  • Mar 18, 2021 11:12am Mar 18, 2021 11:12am
Quoting Moty
SNAP LONG , GO GO GO {image}
fly to the moon
Like me, cuts losses quickly. But has more patience and lets his winn
  • #584,838
  • Mar 18, 2021 11:19am Mar 18, 2021 11:19am
yesterday I deposited $ 100 added to the $ 100 that were left from the last failure.
My goal was to earn $ 60 every day, which would turn into $ 300 every week that I would withdraw every weekend.
Yesterday I earned only $ 40, and today after I started the day very nicely ($ 80 profit even before the opening of London) and I started fantasizing about a chance to get the $ 300 a week in four days and not five because I started the method only yesterday.
And I have already started calculating how much I need to earn tomorrow, and here without noticing I am already at the target
After all, I'm the master at turning $ 200 into 1000, and the mega master at turning 1000 into 0, so if I now pull 300 out of the 500, I leave only one option open.
Make them 500 again hahaahahahahahahaha
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yes yes yes
  • #584,839
  • Edited 12:05pm Mar 18, 2021 11:35am | Edited 12:05pm
Stubbornly shorting this area
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  • #584,840
  • Mar 18, 2021 11:53am Mar 18, 2021 11:53am
Sterling Outlook: GBP/USD Coil Tightens Post-BoE/Fed– Breakout Levels: https://www.dailyfx.com/forex/techni...3.html/webview
Insane in the Brain..
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