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Cable Update (GBPUSD)

  • #512,421
  • Feb 24, 2020 12:21am Feb 24, 2020 12:21am
virus story's is $ positive ,and something like the dow is bearish
I think it was held up from that china liquidity

Quoting jonatsgonats
{quote} Dunno about GBPJPY... covid-19 resistant even if it kills 7billion people... machines takeover and take SPX to 10,000.
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #512,422
  • Feb 24, 2020 12:55am Feb 24, 2020 12:55am
My plan for today with Cable
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Read the chart... Fundies are catalyst...
  • #512,423
  • Feb 24, 2020 1:48am Feb 24, 2020 1:48am
Waiting for the price to go above the 50 sma band in the 15m chart
Luckily fir me my deposit still not updated ,or else i would be in for who know how far it will go more down.
Update : my deposit is here, i will try to sit on my hands as much as i can.
But i will put pending buy order at 1.29500
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yes yes yes
  • #512,424
  • Feb 24, 2020 2:06am Feb 24, 2020 2:06am
Great pull back to 1.29250.
I am in at 1.29400
Tp 1.29800
yes yes yes
  • #512,425
  • Feb 24, 2020 2:20am Feb 24, 2020 2:20am
short 1.2935 sl/tp 70/70

HR4 find res with ichi cloud also 5 and 15MIN TF turn again below ichi cloud

trade safe
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #512,426
  • Feb 24, 2020 2:22am Feb 24, 2020 2:22am
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yes yes yes
  • #512,427
  • Feb 24, 2020 2:27am Feb 24, 2020 2:27am
The next 2 weeks will be bulls, the bears failed to take control of a critical level on the weekly.

Trade Safe.
Guz
Charts don't drive price, market conditions drive price...
  • #512,428
  • Feb 24, 2020 2:29am Feb 24, 2020 2:29am
Quoting Guztro
The next 2 weeks will be bulls, the bears failed to take control of a critical level on the weekly. Trade Safe. Guz
you still have monthly who looks bearish and we are at the last week of the month lets see

trade safe
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #512,429
  • Feb 24, 2020 2:33am Feb 24, 2020 2:33am
Quoting Almo2312
short 1.2935 sl/tp 70/70 HR4 find res with ichi cloud also 5 and 15MIN TF turn again below ichi cloud trade safe
Sma 20 is better to use in h4 chart and it's equal to 50 sma in the hourly.
You can spot moves faster in the hourly .
As long as we above 1.29041 , the bias is long
yes yes yes
  • #512,430
  • Feb 24, 2020 2:34am Feb 24, 2020 2:34am
Quoting Moty
{quote} Sma 20 is better to use in h4 chart and it's equal to 50 sma in the hourly. You can spot moves faster in the hourly . As long as we above 1.29041 , the bias is long
i use ichi technique bro

trade safe
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #512,431
  • Feb 24, 2020 2:35am Feb 24, 2020 2:35am
Let's wait how H1 will close. This might go down to 1.29089 as a final stretch.
Lost....
  • #512,432
  • Feb 24, 2020 2:49am Feb 24, 2020 2:49am
Are you ready for the bulls run?
Support zone 1.29041-1.29143
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yes yes yes
  • #512,433
  • Feb 24, 2020 2:50am Feb 24, 2020 2:50am
Quoting Almo2312
{quote} i use ichi technique bro trade safe
everyone has their own trading strategy.
trade safe
  • #512,434
  • Feb 24, 2020 3:10am Feb 24, 2020 3:10am
Sell sell sell, for the next 2 weeks at least, bulls failed to take control and are now in drawdown and spreading false analysis , expect a very big trend continuation swing down very soon.


Trade well
Follow The Markets Structure - Patience and Discipline
  • #512,435
  • Feb 24, 2020 3:17am Feb 24, 2020 3:17am
Quoting corongumet
{quote} everyone has their own trading strategy. trade safe
yes i know that,,
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #512,436
  • Feb 24, 2020 3:26am Feb 24, 2020 3:26am
Quoting Moty
Are you ready for the bulls run? Support zone 1.29041-1.29143 {image}
Moty i think your averages told you something at your own pic..
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Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #512,437
  • Feb 24, 2020 3:46am Feb 24, 2020 3:46am
Quoting pipfarm
Sell sell sell, for the next 2 weeks at least, bulls failed to take control and are now in drawdown and spreading false analysis , expect a very big trend continuation swing down very soon. Trade well
Referring to the hourly


If price breaks below 2884 that confirms the short continuation bye bye bulls

the 2940 level old support becomes new res, bulls poked through but failed to hold, price reversed came back through started trending down at 2931 giving an early entry but 2884 will be the catalyst that drives it down more as that reverses the corrective up swing from friday.
Follow The Markets Structure - Patience and Discipline
  • #512,438
  • Feb 24, 2020 3:53am Feb 24, 2020 3:53am
Daily s1 1.28967
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yes yes yes
  • #512,439
  • Feb 24, 2020 3:55am Feb 24, 2020 3:55am
Quoting Moty
Daily s1 1.28967 {image}
yes, now bull all the way from S1
Intraday only.
  • #512,440
  • Feb 24, 2020 3:56am Feb 24, 2020 3:56am
Quoting shahab8b
GU {image}
GU, added more short positions
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