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Cable Update (GBPUSD)

  • #573,841
  • Jan 25, 2021 5:41am Jan 25, 2021 5:41am
Quoting gatenio
{quote} im out with 7 points. now the interesting part. very hard for me to trade GU and gold.. no time frame playing good enough on my patterns.
I am looking at 1869.68 or slightly higher to exit
  • #573,842
  • Jan 25, 2021 5:46am Jan 25, 2021 5:46am
Quoting joesherwood
This is what pains looks like {image}
below 3700, the price likely to fall to 3635.

If 3700 breaks, different scenario, but unlikely to me.
Intraday only.
  • #573,843
  • Jan 25, 2021 5:47am Jan 25, 2021 5:47am
Quoting bluesushi
{quote} Still eyeing same targets. {image}
Out remaining.
  • #573,844
  • Jan 25, 2021 5:47am Jan 25, 2021 5:47am
Quoting gatenio
{quote} the band is MA.. showing where the average price close last 50 candles.. do you really think this will determine the PA? hope for you that you are right, personally as a day trader I hate to be under water on Monday, cause it ruins my week. i can see this 1.375 area today..before moving down.. enter here small size for 60p, sl 43 atm {image}
Forget the band
They are only for entry
Look at ressistence at that zone
And btw , if you bought that low band , you could collect 270 pips ;-)
Attached Image (click to enlarge)
Click to Enlarge Name: CamScanner 01-25-2021 13.45_1.jpg Size: 119 KB
yes yes yes
  • #573,845
  • Jan 25, 2021 6:03am Jan 25, 2021 6:03am
another hour closed and price closes over the dash line Bull/Bear.
on the sidelines now, waiting for clear direction.
Attached Image (click to enlarge)
Click to Enlarge Name: cd84bde94bf779de6858718812cdfb58.png Size: 50 KB
If you don't know how to earn money, don't loose it.
  • #573,846
  • Jan 25, 2021 6:06am Jan 25, 2021 6:06am
Dxy is rising again
Attached Image (click to enlarge)
Click to Enlarge Name: CamScanner 01-25-2021 14.05_1.jpg Size: 124 KB
yes yes yes
  • #573,847
  • Jan 25, 2021 6:19am Jan 25, 2021 6:19am
Quoting Tobe
It's still bearish engulfed... It can still go down...
Hmmm

Maybe
  • #573,848
  • Jan 25, 2021 6:23am Jan 25, 2021 6:23am
15min at moment is 100% harmonic, we are going to REVERSAL ZONE to the OTHER ONE.....
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 27 KB
  • #573,849
  • Jan 25, 2021 6:29am Jan 25, 2021 6:29am
if bulls are real today, this is spot yo showthem selves at 1.36756
If you don't know how to earn money, don't loose it.
  • #573,850
  • Jan 25, 2021 6:33am Jan 25, 2021 6:33am
Quoting fxmasterdxb
{quote} Like anticipated, london changes the direction! ill be watching 1.3650 for potential long
Still waiting for 1.3650 for a long, if we get there, i will be targeting new highs
  • #573,851
  • Jan 25, 2021 6:34am Jan 25, 2021 6:34am
I am going to stay out of this unclear floating until it hits either 3740 for meaningful R or 3650 for S.

Attached Image (click to enlarge)
Click to Enlarge Name: b8db1194757ed278a8f543b45abf8d40.png Size: 130 KB
  • #573,852
  • Jan 25, 2021 6:34am Jan 25, 2021 6:34am
the thing with the bands , is not trade them like a trendline , although you can.
but use them as direction meter , and take the break of last peak or bottom.
for now , price is under the pivot line , the open line , and the bands .
short to 1.36400 in the making
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu3.png Size: 40 KB
Click to Enlarge Name: dx.png Size: 37 KB
yes yes yes
  • #573,853
  • Jan 25, 2021 6:40am Jan 25, 2021 6:40am
daxi with the same pattern , almost at the target with 240 points drop
Attached Image (click to enlarge)
Click to Enlarge Name: dax.png Size: 38 KB
yes yes yes
  • #573,854
  • Jan 25, 2021 6:40am Jan 25, 2021 6:40am
Back to profit making
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20210125-132835.png Size: 128 KB
  • #573,855
  • Jan 25, 2021 6:46am Jan 25, 2021 6:46am
Gold is wow
  • #573,856
  • Jan 25, 2021 6:53am Jan 25, 2021 6:53am
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 26 KB
yes yes yes
  • #573,857
  • Jan 25, 2021 7:19am Jan 25, 2021 7:19am
Quoting gatenio
{quote} the band is MA.. showing where the average price close last 50 candles.. do you really think this will determine the PA? hope for you that you are right, personally as a day trader I hate to be under water on Monday, cause it ruins my week. i can see this 1.375 area today..before moving down.. enter here small size for 60p, sl 43 atm {image}
close BE.
dont know what this pair want.
wont fight fresh bearish sw zone on m39
  • #573,858
  • Jan 25, 2021 7:23am Jan 25, 2021 7:23am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 100 KB
  • #573,859
  • Jan 25, 2021 7:24am Jan 25, 2021 7:24am
Quoting Moty
{image}
We NEED your hammers NOW!
  • #573,860
  • Jan 25, 2021 7:29am Jan 25, 2021 7:29am
Quoting coolmakina
if bulls are real today, this is spot yo showthem selves at 1.36756
Ok, i saw you...but...
if there are any bears remaining 1.36940 is a nice spot to say "hey...we still here!".
If you don't know how to earn money, don't loose it.
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