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Cable Update (GBPUSD)

  • #572,861
  • Jan 20, 2021 3:11am Jan 20, 2021 3:11am
Might GU be heading to target a long term goal 1.3730s and possibly 1.3760s too..lets see
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #572,862
  • Jan 20, 2021 3:14am Jan 20, 2021 3:14am
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yes yes yes
  • #572,863
  • Jan 20, 2021 3:14am Jan 20, 2021 3:14am
Quoting KiwiTrada
{quote} geppy approaching present daily resistance approx 13 pips away, i am happy to short her around here, any sterling weakness may show there first!!! is also psych level 142 000
I am starting to build positions in both geppy and cable - geppy markers are 142 23 then 142 69 cable is 137 00 137 02 137 08, bbl much work to do
If you are new to Forex? Say Goodbye to your account!!
  • #572,864
  • Jan 20, 2021 3:14am Jan 20, 2021 3:14am
Holy crap what a buy stop!
SL above entry
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  • #572,865
  • Jan 20, 2021 3:15am Jan 20, 2021 3:15am
Quoting ChiForex
Might GU be heading to target a long term goal 1.3730s and possibly 1.3760s too..lets see
sell limit @1.37530
even better than mama
  • #572,866
  • Jan 20, 2021 3:16am Jan 20, 2021 3:16am
Spike Lee just walking through
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Le$$ I$ More
  • #572,867
  • Jan 20, 2021 3:19am Jan 20, 2021 3:19am
Quoting joesherwood
Holy crap what a buy stop! SL above entry {image}
sl to 1R
guaranteed £300 for the day with other positions
what a start!
  • #572,868
  • Jan 20, 2021 3:20am Jan 20, 2021 3:20am
Quoting Georginson
Higher highs have been seen since October 2020... And it has to end at a point in time. Failure to break 1.3450 is certain invitation of 1.3880/1.3930 within two to three weeks before final uninterrupted fall to 1.3060 area before or by March ending. Watch 1.3450 area with close interest.
This is still valid...
Data + Stat + Risk/Emotions Management
  • #572,869
  • Jan 20, 2021 3:22am Jan 20, 2021 3:22am
@ Moty prepare to bring your hammer out
  • #572,870
  • Jan 20, 2021 3:22am Jan 20, 2021 3:22am
Quoting joesherwood
{quote} sl to 1R guaranteed £300 for the day with other positions what a start!
well done, any chance of entry and sl "before" it happen?
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  • #572,871
  • Jan 20, 2021 3:23am Jan 20, 2021 3:23am
eu bears seems to have jumped the starters gun :-)
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  • #572,872
  • Jan 20, 2021 3:24am Jan 20, 2021 3:24am
Quoting KiwiTrada
{quote} well done, any chance of entry and sl "before" it happen?
was an order buddy
closed at orange line
nearly 2r
but with other positions this morning
im happy with outcome
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  • #572,873
  • Jan 20, 2021 3:26am Jan 20, 2021 3:26am
My current plan is, wait for price to reach 1.3720-1.3730, sell it to 1.3650 and then wait for market reaction to decide either long or short
  • #572,874
  • Jan 20, 2021 3:27am Jan 20, 2021 3:27am
Quoting joesherwood
best thing to do right now is wait for GU to hit 1.37 and EG to hit 600 level see how price reacts then go for the execution both levels are major s and r
EG at this level
gu nearly there
  • #572,875
  • Jan 20, 2021 3:32am Jan 20, 2021 3:32am
Sell 1.3691 and hold
Make money by doing the opposite of Giveachance aka loser
  • #572,876
  • Jan 20, 2021 3:33am Jan 20, 2021 3:33am
Quoting fxmasterdxb
My current plan is, wait for price to reach 1.3720-1.3730, sell it to 1.3650 and then wait for market reaction to decide either long or short
similar I’m just sliding my SL levels up aggressively to a max 20 pip fall back
Insane in the Brain..
  • #572,877
  • Jan 20, 2021 3:35am Jan 20, 2021 3:35am
Quoting forexdhaka
I think we are going to break 1.37 this time. it could be a "W"
before break 1.37 price will possibly take a retracement ' its may 1.3670
  • #572,878
  • Jan 20, 2021 3:37am Jan 20, 2021 3:37am
G/M, upside follow thru on y/day's bullish daily candle so far - after y/day's horrible small range consolidation broke to upside price came back to retest top of that consolidation zone and then never really looked back...now testing bottom of that prev 1hr/4hr/dly sw hi zone = prev res = pot res to 3711. 23,mins to gmt+2 broker close 4hr candle close which would if it closes bullishly make it the 6th consecutively on that t/f. 1hr below.

20/50/100 ema crosses as below currently.
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Trader with an Edge.
  • #572,879
  • Jan 20, 2021 3:38am Jan 20, 2021 3:38am
Quoting KiwiTrada
eu bears seems to have jumped the starters gun :-)
seems nu au are following :-) waiting on gu
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  • #572,880
  • Jan 20, 2021 3:39am Jan 20, 2021 3:39am
dx broke up .
show me the money

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yes yes yes
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