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Cable Update (GBPUSD)

  • #512,821
  • Feb 28, 2020 4:31am Feb 28, 2020 4:31am
Quoting Almo2312
{quote} i have my major short trade for aim the 1.27XXX level but i will not add more or do some other trades i will just wait for reaction anyway for bulls we must see hr4 candle close above 1.2940 ish to turn the page for bulls trade safe
i still with sell and sl 2940
  • #512,822
  • Feb 28, 2020 4:43am Feb 28, 2020 4:43am
Quoting Almo2312
{quote} i have my major short trade for aim the 1.27XXX level but i will not add more or do some other trades i will just wait for reaction anyway for bulls we must see hr4 candle close above 1.2940 ish to turn the page for bulls trade safe

Look at the hourly

2894 broken old immediate support /becomes new resistance then higher low swing higher high swing double bottom more or less, its going up to resistance @2940 ish
Follow The Markets Structure - Patience and Discipline
  • #512,823
  • Feb 28, 2020 4:46am Feb 28, 2020 4:46am
price flipped.

BUY 2892
in wondering about yourself, you forgot what you came here to be part of
  • #512,824
  • Feb 28, 2020 4:58am Feb 28, 2020 4:58am
the hourly is consolidating ,bearish
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD-1-hour.png Size: 18 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #512,825
  • Feb 28, 2020 5:16am Feb 28, 2020 5:16am
Quoting knkie
price flipped. BUY 2892
I'm with you. See the chart from Bones above. The W pattern on the hourly should complete around 1.294x area. I hope it hits.
  • #512,826
  • Feb 28, 2020 5:21am Feb 28, 2020 5:21am
GBP has caught Corona..a fall maybe looks to be coming
  • #512,827
  • Feb 28, 2020 5:40am Feb 28, 2020 5:40am
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2020-02-29 13.37.08_1.jpg Size: 120 KB
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2020-02-29 13.40.30_1.jpg Size: 108 KB
yes yes yes
  • #512,828
  • Feb 28, 2020 5:49am Feb 28, 2020 5:49am
Quoting Almo2312
{quote} what MVA is the black one?(the higher one)
200 ema
yes yes yes
  • #512,829
  • Feb 28, 2020 5:51am Feb 28, 2020 5:51am
Quoting Moty
{quote} 200 ema
thanks .
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #512,830
  • Feb 28, 2020 5:54am Feb 28, 2020 5:54am
Quoting knkie
price flipped. BUY 2892
2nd bust of the day
my rule is: two consecutive losses, stop for the day

im out
in wondering about yourself, you forgot what you came here to be part of
  • #512,831
  • Feb 28, 2020 5:54am Feb 28, 2020 5:54am
Quoting pipfarm
{quote} Look at the hourly 2894 broken old immediate support /becomes new resistance then higher low swing higher high swing double bottom more or less, its going up to resistance @2940 ish
..
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #512,832
  • Feb 28, 2020 5:57am Feb 28, 2020 5:57am
hr4 view/..
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 41 KB


trade safe
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #512,833
  • Feb 28, 2020 5:58am Feb 28, 2020 5:58am
yes it is going up - 50/50 ! take care .
To Win You Must Loss Something ...
  • #512,834
  • Feb 28, 2020 6:08am Feb 28, 2020 6:08am
Quoting Almo2312
well i am out from trades trade safe .. very tricky friday
Me too... I have filter to open or not.
  • #512,835
  • Feb 28, 2020 6:19am Feb 28, 2020 6:19am
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2020-02-29 14.18.02_1.jpg Size: 94 KB
yes yes yes
  • #512,836
  • Feb 28, 2020 6:19am Feb 28, 2020 6:19am
Quoting corongumet
{quote} Me too... I have filter to open or not.
what is the filter?
in wondering about yourself, you forgot what you came here to be part of
  • #512,837
  • Feb 28, 2020 7:11am Feb 28, 2020 7:11am
Quoting knkie
{quote} what is the filter?
Filter of my rule. But i have longterm position
  • #512,838
  • Feb 28, 2020 7:13am Feb 28, 2020 7:13am
DXY bounces very nicely from S and TL. It's early to tell, but if DXY closes the day like this, it will be USD bullish going next week.

As for GBPUSD, I dont think going long, unless scalping, would be a good idea as long as price is below 1.295. This could get really ugly if it breaks below 1.285
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSD-5H1 2282020.png Size: 33 KB
Click to Enlarge Name: DXY 2020.JPG Size: 192 KB
  • #512,839
  • Feb 28, 2020 7:15am Feb 28, 2020 7:15am
break ! ?
Attached Image (click to enlarge)
Click to Enlarge Name: 1 GBPUSD-1-hour.png Size: 18 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #512,840
  • Feb 28, 2020 7:44am Feb 28, 2020 7:44am
Quoting Bones
break ! ? {image}
may be later or no break !
To Win You Must Loss Something ...
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