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Cable Update (GBPUSD)

  • #575,181
  • Jan 29, 2021 9:28am Jan 29, 2021 9:28am
Quoting pipprincess
I had a sell limit at 750 hoping the Asian market would trigger overnight, but waking up now (in London) it hasn't happened. I've adjusted it slightly to 740 and seeing what happens. Current price around 715 is too low for me. {image}
Ok so the sell limit triggered and we're going down so moved the sl in to 760 above resistance and set tp at 670 which seems reasonable.
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  • #575,182
  • Jan 29, 2021 9:29am Jan 29, 2021 9:29am
Quoting NhRedoy94
Is there anyone can share GbpJpy Trade Idea with me please,,,Is there any chance to going down or how much pips can go up please
Look for sells. 1Hr chart is forming a nice bearish candlestick pattern. Enter with confirmation-reconfirmation to the trendline support.
Fools Rushing
  • #575,183
  • Jan 29, 2021 9:31am Jan 29, 2021 9:31am
Starting to build long positions again
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  • #575,184
  • Jan 29, 2021 9:34am Jan 29, 2021 9:34am
Quoting Headland
{quote} Oh dear,! depends what your tolerance for loss is and what % of your account it would represent - only you know this but if it were me and I was determined to hope sorry hold I would place my stop above the recent hi, say 144.00 and take the loss if it hits it, and pray to Allah or Vishnu in the meantime that it works out.
Now that you say that, it does look tempting to sell
  • #575,185
  • Jan 29, 2021 9:35am Jan 29, 2021 9:35am
This 1H candle pisses me off.
Air force
  • #575,186
  • Jan 29, 2021 9:39am Jan 29, 2021 9:39am
Quoting Yngwie
Done making moneyyyy {image}
Enough for today
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Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #575,187
  • Jan 29, 2021 9:41am Jan 29, 2021 9:41am
shorted a bit late... but let's see if this is indeed a crazy FRYDAY.
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If you don't know how to earn money, don't loose it.
  • #575,188
  • Jan 29, 2021 9:43am Jan 29, 2021 9:43am
Quoting parshal
{quote} Thanks bro for sharing. But I don't understand the context completely. Let it be.
parshal, basically, DX index is the most reliable when trading EU
Always trade your own plan...I don't provide trading signals.
  • #575,189
  • Jan 29, 2021 9:43am Jan 29, 2021 9:43am
Quoting Blackopal
{quote} I've been picking up silver for the last three weeks. The run up yesterday was unexpected, it didn't correlate with DXY, and the gold/silver ratio dropped significantly. I did searches for the cause while it was running, and found rumors that the reddit army was targeting it. I think the silver market is too big for them to have had such influence directly, but it's possible that the rumor was enough for some short covering, and to bring other buyers in. And I do know that they ran up some silver miners shares. Today silver is very strong...
True. and im sharing to help them becoming bigger
Twitter: Rummer_grapes
  • #575,190
  • Jan 29, 2021 9:46am Jan 29, 2021 9:46am
Quoting gatenio
{quote} No bro, it was a serious question.. i really consider to buy, where are they headed gold?
Mine was a serious answer. Behind gold there is economy. They wont let them play with that.

I really suggest u to follow their groups in twitter and reddit
Twitter: Rummer_grapes
  • #575,191
  • Jan 29, 2021 9:47am Jan 29, 2021 9:47am
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
Quoting Bacco
{quote} Mine was a serious answer. Behind gold there is economy. They wont let them play with that. I really suggest u to follow their groups in twitter and reddit
hunting all of them sl's
Studing..............
  • #575,192
  • Jan 29, 2021 9:48am Jan 29, 2021 9:48am
Quoting MTF Test
{quote} Look for sells. 1Hr chart is forming a nice bearish candlestick pattern. Enter with confirmation-reconfirmation to the trendline support.
Thanks Master
  • #575,193
  • Jan 29, 2021 9:49am Jan 29, 2021 9:49am
Stoped out at BE+1
enough for today.
If you don't know how to earn money, don't loose it.
  • #575,194
  • Jan 29, 2021 9:52am Jan 29, 2021 9:52am
Quoting gatenio
{quote} No bro, it was a serious question.. i really consider to buy, where are they headed gold?

excuse me, I am really a dilettante about a gold, but I think if you look at this numbers you could make (?!) your own decision

now I think 1854.10 is point

excuse me again
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dolce vita
  • #575,195
  • Jan 29, 2021 9:55am Jan 29, 2021 9:55am
Crazy Cable
  • #575,196
  • Jan 29, 2021 10:00am Jan 29, 2021 10:00am
Time to buy the dip on 15 minute @3727
Follow The Markets Structure - Patience and Discipline
  • #575,197
  • Jan 29, 2021 10:00am Jan 29, 2021 10:00am
Quoting Moty
{image}
is the short setup still valid ?
  • #575,198
  • Jan 29, 2021 10:03am Jan 29, 2021 10:03am
guys..its getting crazy
My observation may be wrong but intent correct. Stay calm!
  • #575,199
  • Jan 29, 2021 10:08am Jan 29, 2021 10:08am
It's bit crazy today. I haven't seen this kind of volatility around all the pairs. I think, best is to step back and relax. Have a great weekend people !.
Fools Rushing
  • #575,200
  • Jan 29, 2021 10:08am Jan 29, 2021 10:08am
Sell confirmation is ON if price goes below 200 EMA on 5 mins chart
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