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Cable Update (GBPUSD)

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  • Post #570,221
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  • Jan 5, 2021 3:46am Jan 5, 2021 3:46am
  •  stardust83
  • | Joined Aug 2020 | Status: Member | 62 Posts
Quoting gatenio
Disliked
{quote} yap, 1.362-1.364 at least wont sell it even there. just careful with the long
Ignored
hey mate,
you think in ABC correction, so wawe B not completed yet up to 50 or 61.8 fibo?

ps. thanks for the answer
1
  • Post #570,222
  • Quote
  • Jan 5, 2021 3:46am Jan 5, 2021 3:46am
  •  pipcenturion
  • Joined May 2013 | Status: Member | 1,011 Posts
Quoting navk
Disliked
i shall look to short in the next 4hr candle. Still retracement in play to me.
Ignored
I expect sellers to step in at either 1.3623 or 1.3671
2
  • Post #570,223
  • Quote
  • Jan 5, 2021 3:49am Jan 5, 2021 3:49am
  •  Konichiwhaat
  • | Joined Dec 2019 | Status: Member | 320 Posts
Quoting Konichiwhaat
Disliked
OK eying 3560 as a potential sell
Ignored
OK, here we go again
TIME is the most valuable commodity, not money :)
  • Post #570,224
  • Quote
  • Jan 5, 2021 3:53am Jan 5, 2021 3:53am
  •  stardust83
  • | Joined Aug 2020 | Status: Member | 62 Posts
closed all long positions and switched to short
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2
  • Post #570,225
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  • Jan 5, 2021 3:55am Jan 5, 2021 3:55am
  •  helioss
  • Joined Oct 2020 | Status: Member | 547 Posts
GBP is weak, i suppose a retest .3545/.354, if .354 breakout new low for today. Green pips to all
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1
  • Post #570,226
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  • Jan 5, 2021 3:56am Jan 5, 2021 3:56am
  •  helioss
  • Joined Oct 2020 | Status: Member | 547 Posts
Meters:
- 15m SHORT
- 1H SHORT
- D1 LONG
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1
  • Post #570,227
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  • Jan 5, 2021 4:00am Jan 5, 2021 4:00am
  •  pipcenturion
  • Joined May 2013 | Status: Member | 1,011 Posts
Quoting Wavegarrick
Disliked
Hi Guys, New year, new things. Happy New Year. I have a possible short cycle in the making. Short trades opened and will lock in as soon as possible. Have a great week, Cheers. {image}
Ignored
Hello Leon,

please what does YM3 mean? The 1.3672 price level
  • Post #570,228
  • Quote
  • Jan 5, 2021 4:00am Jan 5, 2021 4:00am
  •  helioss
  • Joined Oct 2020 | Status: Member | 547 Posts
Fibonacci: with breakout .354 to is .35/.3445
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1
  • Post #570,229
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  • Jan 5, 2021 4:04am Jan 5, 2021 4:04am
  •  gatenio
  • Joined Jun 2013 | Status: hit & run | 3,620 Posts
Quoting stardust83
Disliked
{quote} hey mate, you think in ABC correction, so wawe B not completed yet up to 50 or 61.8 fibo? ps. thanks for the answer
Ignored
yes.
this is 1 option.

second, this count bring me a lot of pips so i keep it to the limit
i think yesterday drop is 4th wave bro, so 1.38 seems really good
watch my 1h, chart, 4h looking much better.
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  • Post #570,230
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  • Jan 5, 2021 4:11am Jan 5, 2021 4:11am
  •  Yngwie
  • Joined Aug 2008 | Status: Member | 1,148 Posts
1.3525 is a good support
naked trader
  • Post #570,231
  • Quote
  • Jan 5, 2021 4:11am Jan 5, 2021 4:11am
  •  harve
  • | Joined Oct 2012 | Status: Fool | 60 Posts
Quoting helioss
Disliked
Meters: - 15m SHORT - 1H SHORT - D1 LONG {image}
Ignored
I'm with D1 pattern.., still long
target 3750
1
  • Post #570,232
  • Quote
  • Jan 5, 2021 4:15am Jan 5, 2021 4:15am
  •  guestfromeast
  • | Joined Apr 2006 | Status: Member | 111 Posts
i'm short from 1.35 60, targeting 1.35.
1
  • Post #570,233
  • Quote
  • Edited at 5:01am Jan 5, 2021 4:42am | Edited at 5:01am
  •  Headland
  • Joined Apr 2020 | Status: taking a break | 1,776 Posts
G/M, price remains inside yesterday's pip range as it finds res @ the prev 1hr sw lo = prev supp =pot sbr zone and now demand @ the prev 1hr/4hr sw lo zone = prev supp = pot supp that leads down to y/day's lo. 1hr below.

Below y/day's lo I have two 3 fib clusters of fibs plotted from major swing lo's to that 3704 current hi @ 3507-3503, then 3494-86. Before those 3534 = 61.8% 3429-3704.
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Intraday swing trader via Supp/Res, Pa, & div.
  • Post #570,234
  • Quote
  • Jan 5, 2021 4:45am Jan 5, 2021 4:45am
  •  TrTT
  • | Joined Apr 2020 | Status: Member | 149 Posts
Now Maybe Another Higher Low

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Right

See You
  • Post #570,235
  • Quote
  • Jan 5, 2021 4:51am Jan 5, 2021 4:51am
  •  Sang.Real
  • Joined Mar 2020 | Status: Newbie | 606 Posts
Quoting Sang.Real
Disliked
GU Scalping LONG again @ L.O. Anyone seen Spike Lee ? {image}
Ignored

GU

Price closed above 50%

There's Spike Lee was waiting to strike..

Common Lee, push higher to new high today.....
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la hawla wala quwwata illa billah
  • Post #570,236
  • Quote
  • Jan 5, 2021 4:56am Jan 5, 2021 4:56am
  •  navk
  • Joined Oct 2010 | Status: Trader | 11,635 Posts
my long has stop at 3550
Intra day only.
1
  • Post #570,237
  • Quote
  • Jan 5, 2021 4:59am Jan 5, 2021 4:59am
  •  Sang.Real
  • Joined Mar 2020 | Status: Newbie | 606 Posts
Quoting navk
Disliked
my long has stop at 3550
Ignored
too tight SL ?.

Plus a lot of wicks in those 50% fib area -rejection

Even now GU just refuse to go higher...

May quit now, wait for better set up during NYO.
la hawla wala quwwata illa billah
  • Post #570,238
  • Quote
  • Jan 5, 2021 5:01am Jan 5, 2021 5:01am
  •  Headland
  • Joined Apr 2020 | Status: taking a break | 1,776 Posts
... 2 x inverted hammer closes on 1hr now.
Intraday swing trader via Supp/Res, Pa, & div.
  • Post #570,239
  • Quote
  • Jan 5, 2021 5:02am Jan 5, 2021 5:02am
  •  helioss
  • Joined Oct 2020 | Status: Member | 547 Posts
At moment perfect SHORT MOVEMENT on 15min: new LH with retest previous breakout .3589, but LOW volume..... so i suppose it will go down
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1
  • Post #570,240
  • Quote
  • Jan 5, 2021 5:07am Jan 5, 2021 5:07am
  •  SCopier
  • Joined Sep 2012 | Status: Member | 799 Posts
Short not looking good, turned to long
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