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Cable Update (GBPUSD)

  • #574,321
  • Jan 27, 2021 2:23am Jan 27, 2021 2:23am
4H chart shows strong rejection towards selling. Consider to short for now unless price stays above 1.37457
  • #574,322
  • Jan 27, 2021 2:24am Jan 27, 2021 2:24am
No time for longs
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Air force
  • #574,323
  • Jan 27, 2021 2:28am Jan 27, 2021 2:28am
Moty - Just DM'd you
  • #574,324
  • Jan 27, 2021 2:32am Jan 27, 2021 2:32am
the bulls run is coming
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yes yes yes
  • #574,325
  • Jan 27, 2021 2:32am Jan 27, 2021 2:32am
Quoting KiwiTrada
{quote} kick off just before london, nice, bbl am busy
nice!!! brits took 30minutes to wipe out 17hours of garbage pa, nice very nice:-)
If you are new to Forex? Say Goodbye to your account!!
  • #574,326
  • Jan 27, 2021 2:34am Jan 27, 2021 2:34am
Quoting Moty
the bulls run is coming {image}

Where did you set your stop loss?
  • #574,327
  • Jan 27, 2021 2:38am Jan 27, 2021 2:38am
Quoting Theoak
{quote} Lock and load... Loaded up . Button pushed
Haleluyah
  • #574,328
  • Jan 27, 2021 2:39am Jan 27, 2021 2:39am
First position of the day, long @ 1.3730
  • #574,329
  • Jan 27, 2021 2:40am Jan 27, 2021 2:40am
Quoting xtradex
{quote} Where did you set your stop loss?
i only use tp
the margin call put the sl for me
this is only a misleading move , it will fly next hourly candle
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yes yes yes
  • #574,330
  • Jan 27, 2021 2:41am Jan 27, 2021 2:41am
Quoting Headland
... This prev dly/wkly/mthly sw lo zone = prev supp = pot (potential) sbr (supp becomes res) that started at 3711 extends to circa 3790 on the wkly and in it, Wkly R1 @ 3775, Dly R1 @ 3783 then 3790 = 138.2% extension of last mthly sw hi-lo. wkly below. {image}

There is a repeating pattern of regular bearish div on 30min and 1hr at the current dly hi...30min below. It was a good sell @ the pot res mentioned above- timed on 5min with the whole 'reversal candle closing outside the 20 bol. 5min below 30min.
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Trader with an Edge.
  • #574,331
  • Jan 27, 2021 2:43am Jan 27, 2021 2:43am
Quoting Moty
{quote} i only use tp the margin call put the sl for me this is only a misleading move , it will fly next hourly candle {image}
we hope
  • #574,332
  • Jan 27, 2021 2:44am Jan 27, 2021 2:44am
Closed short at small loss and now gone long at 13730
Insane in the Brain..
  • #574,333
  • Jan 27, 2021 2:52am Jan 27, 2021 2:52am
Quoting KiwiTrada
cad hasa taken a flyer will push gold south some more, paradox is if she is rejected by 23fib or 2735 could start to print a H&S (dont want that) she held by hrly 50fma also previous hrly high 2715 looking to punch higher much higher infact to challenge previous daily highs 2778
going along very nicely 2729 should have caused little wobble but seems to want to take her out :-) so guess 2735 could be on the cards but as above need her to push on to the previous daily highs 2778, watching and loving pa today:-)
If you are new to Forex? Say Goodbye to your account!!
  • #574,334
  • Jan 27, 2021 2:53am Jan 27, 2021 2:53am
...1hr below shows the current pullback lo in that prev 1hr sw lo zone = prev supp = pot supp which is co-existant with that prev 1hr/4hr sw hi zone = prev res = pot rbs where that first 1hr sw lo was formed as it acted as rbs (res becomes supp,) for the 2nd time. 1hr below.
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Trader with an Edge.
  • #574,335
  • Jan 27, 2021 2:54am Jan 27, 2021 2:54am
1.38275 today\tomorrow.
  • #574,336
  • Jan 27, 2021 2:55am Jan 27, 2021 2:55am
just my intuition but after yesterdays day candle i would think a bear candle day would be the result.
in wondering about yourself, you forgot what you came here to be part of
  • #574,337
  • Jan 27, 2021 2:56am Jan 27, 2021 2:56am
Hello to dear all fellow traders, ladies and gentlemen here!
Greetings!
I have started learning forex in last few months, so far it looks interesting.

I have been following this thread from time to time. I must say that all people here have really helped in someway to learn.
Therefore I am writing here and would like to post from time to time to continue and share the learning.

let me also continue the journey with all of you here!
Wishing you the nice day start.

Cable has the probability to fall till 1.3711 on M30. If it does then it may go until 1.3682.
(My observations may be wrong)
My observation may be wrong but intent correct. Stay calm!
  • #574,338
  • Jan 27, 2021 3:05am Jan 27, 2021 3:05am
in action
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  • #574,339
  • Jan 27, 2021 3:08am Jan 27, 2021 3:08am
Quoting BeeTogether
Closed short at small loss and now gone long at 13730
be careful, hourly is rising chanel aka bear flag and pa just poke her nose under the ltl is actually your long entry!!!!
If you are new to Forex? Say Goodbye to your account!!
  • #574,340
  • Jan 27, 2021 3:08am Jan 27, 2021 3:08am
SELL 3731
10 pip SL
30 pip target
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in wondering about yourself, you forgot what you came here to be part of
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