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Cable Update (GBPUSD)

  • #572,141
  • Jan 15, 2021 2:31am Jan 15, 2021 2:31am
Quoting Kaysole
{quote} Looks like it's leaving without me
There is one more important level at 1.36281 let's see whether price can bounce a bit there before continuing to the down side.

I still kinda prefer the 1.3602 level for a bounce though
  • #572,142
  • Jan 15, 2021 2:34am Jan 15, 2021 2:34am
Quoting JayBag
{quote} Alright bud.. try not to be late
Closed my short, looking for long setup
  • #572,143
  • Jan 15, 2021 2:36am Jan 15, 2021 2:36am
Sold the top yesterday.. i want to have hunter beef of that bull from tuesday in dinner...
  • #572,144
  • Jan 15, 2021 2:42am Jan 15, 2021 2:42am
Quoting fxmasterdxb
{quote} Closed my short, looking for long setup
you were punctual
let's get it

Lee Effect
  • #572,145
  • Jan 15, 2021 2:46am Jan 15, 2021 2:46am
Goodmorning Cable Traders! .37 seems to be very hard to breakout. Low volume on last up swing so failed to do over.
This is 4H volume analysis
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  • #572,146
  • Jan 15, 2021 2:49am Jan 15, 2021 2:49am
Meters say:

SHORT on 15min
WEAK LONG 1H
LONG D1

So seems to be always into a retrace on LONG SCENARIO
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  • #572,147
  • Jan 15, 2021 2:49am Jan 15, 2021 2:49am
go go bears
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yes yes yes
  • #572,148
  • Jan 15, 2021 2:50am Jan 15, 2021 2:50am
not very much opportunities today.
99.9% persistence
  • #572,149
  • Jan 15, 2021 2:56am Jan 15, 2021 2:56am
Quoting zuluremys
not very much opportunities today.
there are a lot
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yes yes yes
  • #572,150
  • Jan 15, 2021 2:58am Jan 15, 2021 2:58am
Quoting JayBag
{quote} you were punctual let's get it Lee Effect
Looking to long on bounce of any of those two trend-lines
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  • #572,151
  • Jan 15, 2021 3:02am Jan 15, 2021 3:02am
Spike Lee time for your Rocket man dance!
Insane in the Brain..
  • #572,152
  • Jan 15, 2021 3:03am Jan 15, 2021 3:03am
I'm waiting for long to see how will be volume into REVERSAL ZONE....below .3610 bulls will have many troubles and bears take control... green pips to all
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  • #572,153
  • Jan 15, 2021 3:15am Jan 15, 2021 3:15am
looking for bonce at 1.3640 for quick scalp 10 pips. Wait for short term momentum
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Don't trade what you think. Just what you see!!!
  • #572,154
  • Jan 15, 2021 3:18am Jan 15, 2021 3:18am
Buys loading
Keep it simple stupid
  • #572,155
  • Jan 15, 2021 3:29am Jan 15, 2021 3:29am
Quoting Moty
{quote} there are a lot {image}
according to your setup yes.. but according to my mine there is none
99.9% persistence
  • #572,156
  • Jan 15, 2021 3:31am Jan 15, 2021 3:31am
3640/3610 is bounce place for today.

The target for today is R1, minimum, 3726
Intraday only.
  • #572,157
  • Jan 15, 2021 3:36am Jan 15, 2021 3:36am
Bears should have it in mind that should 1.3630 hold attack of 1.3730 is on the cards today...

Take note and trade with caution.
Data + Stat + Risk/Emotions Management
  • #572,158
  • Jan 15, 2021 3:41am Jan 15, 2021 3:41am
Quoting Theoak
looking for bonce at 1.3640 for quick scalp 10 pips. Wait for short term momentum {image}
Still sticky with yesterday strategies...... 1.3640 is important IMO.

Quoting randu
{quote} Agree.... but waiting price playing below 1.3640 ... IMO
  • #572,159
  • Jan 15, 2021 3:41am Jan 15, 2021 3:41am
I put sl at 1.36585
In the last two days i am moving from 100 $ ploating profit to a 100 $ ploating loss
This will get me out with a little profit and then i can wait for a proper set up
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yes yes yes
  • #572,160
  • Jan 15, 2021 3:42am Jan 15, 2021 3:42am
Quoting Georginson
Bears should have it in mind that should 1.3630 hold attack of 1.3730 is on the cards today... Take note and trade with caution.
Quite true but there is an untested level between 1.3545 - 1.3530

I expect selling until that region before we will see another proper round of buying

Also note that AUDUSD broke it New York session low. I expect same for cable.

Maybe after the bounce from 1.3602 we will then see 1.3628 act as resistance and as such induce further selling.
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