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Cable Update (GBPUSD)

  • #571,021
  • Jan 8, 2021 6:21am Jan 8, 2021 6:21am
XauUsd Clear down, maybe GBP is bull will be weak
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Be a spectator, not a player
  • #571,022
  • Jan 8, 2021 6:21am Jan 8, 2021 6:21am
U.K. 2Y yields is up by 24% and that's the main reason why GBP is so strong.
DXY will regain the upper moment as it was on this morning, so I'm still confident in my opened sell position and it didn't touch my SL, yet.
GL.
Multiple Position Trader
  • #571,023
  • Jan 8, 2021 6:22am Jan 8, 2021 6:22am
Quoting Alorente
{quote} I think the key resistance is the 1.3635 area marked by the Blue square (Confluence of the down trendline and the swing high level). {image}
Ok thanks.. will be watching it too..
  • #571,024
  • Jan 8, 2021 6:23am Jan 8, 2021 6:23am
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yes yes yes
  • #571,025
  • Jan 8, 2021 6:34am Jan 8, 2021 6:34am
Quoting Sang.Real
{quote} Spike Lee impatience an angry.... {image}

GU

Need to break/closed above yesterday high for the final target.
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  • #571,026
  • Jan 8, 2021 6:36am Jan 8, 2021 6:36am
Sell 1.3625 target 1.3538.
Data + Stat + Risk/Emotions Management
  • #571,027
  • Jan 8, 2021 6:45am Jan 8, 2021 6:45am
Quoting joesherwood
debating to buy with tp at around 1.366 waiting
gonna put some orders in around
358 and 9
going to watch closely tho
  • #571,028
  • Jan 8, 2021 6:47am Jan 8, 2021 6:47am
i will call it a day.

Lots of longs and shorts.

Very nice day.
Intraday only.
  • #571,029
  • Jan 8, 2021 6:49am Jan 8, 2021 6:49am
Quoting Georginson
Sell 1.3625 target 1.3538.
  • #571,030
  • Jan 8, 2021 6:51am Jan 8, 2021 6:51am
...and the drama continues!
  • #571,031
  • Jan 8, 2021 6:51am Jan 8, 2021 6:51am
Quoting Maximumheigh
{quote} The market not moving. Probability of upside potential is high. I am still short, when 1.3605-1.3625 region breaks, I will go out of my short and long for 1.37.
Still on my short as 1.3625 is still unbroken. Added to my short @1.3611
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  • #571,032
  • Jan 8, 2021 6:58am Jan 8, 2021 6:58am
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yes yes yes
  • #571,033
  • Edited 8:13am Jan 8, 2021 7:02am | Edited 8:13am
Long in at 1.3579 + 5 pips
added to long 1.3553 + 35 pips
added to long 1.3559 + 20 pips

Looking at target 1.3583, but if this breaks will hold for 1.3634

In one lot 1.3559 target 1.3634 ish

Out of all
Don't trade what you think. Just what you see!!!
  • #571,034
  • Jan 8, 2021 7:04am Jan 8, 2021 7:04am
This really is frustrating stuff, I've been long and seemed to have a good, profitable trade - but now I've lost all those lovely pips!
  • #571,035
  • Jan 8, 2021 7:05am Jan 8, 2021 7:05am
1.364 is very possible
we know cable is a reactional pair to this sort of volatility
need a bullish candle at current stage
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  • #571,036
  • Jan 8, 2021 7:08am Jan 8, 2021 7:08am
For who want or don't want to understand I say the trend have changed, DXY is flying soon, Gold Euro and the rest are gonna sink.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #571,037
  • Jan 8, 2021 7:10am Jan 8, 2021 7:10am
Quoting SirFrancis
This really is frustrating stuff, I've been long and seemed to have a good, profitable trade - but now I've lost all those lovely pips!
same here.. but still holding long.. lets see..
  • #571,038
  • Jan 8, 2021 7:11am Jan 8, 2021 7:11am
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That's my view on 5hr time frame. MA50 is holding good for now as a resistance and MA100 is the next support, 1.3526. Let's see.
Multiple Position Trader
  • #571,039
  • Jan 8, 2021 7:12am Jan 8, 2021 7:12am
LH will be made?
i'm thinking on re-enter short...
If you don't know how to earn money, don't loose it.
  • #571,040
  • Jan 8, 2021 7:13am Jan 8, 2021 7:13am
Turn away for 15 mins and cable drops like lead balloon!
Insane in the Brain..
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