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Cable Update (GBPUSD)

  • #575,401
  • Feb 1, 2021 4:24am Feb 1, 2021 4:24am
866.5 now a tough burden for GU bulls making the expected move to 1.38ish to remain stall. Bear still trying to find their way below 892.5 and if possible and sustained we could witness another fall to near 1.35238 low. Bear could take the day imho
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Keep the Lights on then you can catch the rise from the dark.
  • #575,402
  • Edited 4:40am Feb 1, 2021 4:25am | Edited 4:40am
... 10th consecutive 5min bearish bodied candle close now. ...11th....12th...13th...
Trader with an Edge.
  • #575,403
  • Feb 1, 2021 4:29am Feb 1, 2021 4:29am
Ok so are we finally going somewhere now? Jeez! :-)
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  • #575,404
  • Feb 1, 2021 4:33am Feb 1, 2021 4:33am
Quoting mysterio
{quote} Short at 1.3725, TP open. I think we've made our high today.
Beautiful! expecting significant downside. Took 25 at round number, will reload short at a higher price.
  • #575,405
  • Feb 1, 2021 4:36am Feb 1, 2021 4:36am
Quoting Theoak
{quote} My favourite - raspberry ripple ice cream!!!! You still not brought me one yet!!!!
Come north korea here and I am will buying for you
  • #575,406
  • Feb 1, 2021 4:39am Feb 1, 2021 4:39am
Quoting Yngwie
Come on bear!
Closed all short.
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Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #575,407
  • Feb 1, 2021 4:41am Feb 1, 2021 4:41am
Buy GU at Daily Pivot...
Wish Me Luck...

( Wish Me Luck = udud Wismilak )

udud disik...
  • #575,408
  • Feb 1, 2021 4:42am Feb 1, 2021 4:42am
Quoting Headland
... 10th consecutive 5min bearish bodied candle close now. ...11th....12th...13th...
88.6% and dly pivot at current daily lo. 1hr below.
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Trader with an Edge.
  • #575,409
  • Feb 1, 2021 4:42am Feb 1, 2021 4:42am
Expecting a little pullback now or from 1.3690.
Closed my 1.3720 too early
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Air force
  • #575,410
  • Feb 1, 2021 4:43am Feb 1, 2021 4:43am
Quoting DailyChart
{quote} Come north korea here and I am will buying for you
assalamualaikum ukhti yo jong
even better than mama
  • #575,411
  • Feb 1, 2021 4:47am Feb 1, 2021 4:47am
Quoting fxmasterdxb
For me the chance of hitting a new high today is 90%, I have a long from 1.3692 from Friday, added one at 1.3725 and will add after the break and pull back
Addee @ 1.3700, now the fun should start
  • #575,412
  • Feb 1, 2021 4:48am Feb 1, 2021 4:48am
Quoting Headland
... 10th consecutive 5min bearish bodied candle close now. ...11th....12th...13th...
And what is the implication, please?
  • #575,413
  • Feb 1, 2021 4:48am Feb 1, 2021 4:48am
Try to long 3700 wit small SL 3680.
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #575,414
  • Feb 1, 2021 4:51am Feb 1, 2021 4:51am
Quoting ServerUang
Buy GU at Daily Pivot... Wish Me Luck... ( Wish Me Luck = udud Wismilak ) udud disik...
gut lak sam ..
Suro Diro Joyoningrat Lebur Dening Pangastuti
  • #575,415
  • Edited 5:11am Feb 1, 2021 4:52am | Edited 5:11am
30min bullish hidden div at the current pullback lo....valid so long at price stays above 3690....not perfect as only one osc showing it.

Quoting Glorybound
{quote} And what is the implication, please?
You rarely see 8+ consecutive bullish or bearish bodied candles on any t/f 1min to mthly....so it indicates that a reversal against the prevailing price action (of whatever duration) is getting nearer. It is very very unusual to see 13!
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Trader with an Edge.
  • #575,416
  • Feb 1, 2021 4:56am Feb 1, 2021 4:56am
Quoting Sang.Real
GU Thinking of going long here, when price dip. Any comment welcome for educational purposes. Thanks {image}

GU

Scalping LONG

SL 18.3 pips
Attached Image (click to enlarge)
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  • #575,417
  • Feb 1, 2021 5:03am Feb 1, 2021 5:03am
I would reload shorts here 1.3720 but made my target for the day, lets see
  • #575,418
  • Feb 1, 2021 5:12am Feb 1, 2021 5:12am
Quoting Georginson
FEBRUARY 2021 UPDATE Last 6 Years February 2015 February High 1.5551 - 1.4988 Low = 563 pips range 2016 February High 1.4667 - 1.3835 Low = 832 pips range 2017 February High 1.2706 - 1.2346 Low = 360 pips range 2018 February High 1.4277 - 1.3756 Low = 521 pips range 2019 February High 1.3350 - 1.2772 Low = 578 pips range 2020 February High 1.3184 - 1.2725 Low = 459 pips range Minimum Range = 360pips Average Range = 600 pips Maximum Range = 832 pips Most Repeated and Likely Range = 450 = 600 Pips Maximum possible February Range = 810 pips Months...
For my prediction for the month of FEB 2021

Expected February 2021 HIGH is 1.3970 - 1.4100
Expected February 2021 LOW is 1.3480 - 1.3520

2021 Year of Dollar , DXY will try one more time lower low and upside again.

Note:- I am not against anyone prediction, Everyone have different point of views. Good Luck
  • #575,419
  • Feb 1, 2021 5:19am Feb 1, 2021 5:19am
Quoting Headland
{quote} You rarely see 8+ consecutive bullish or bearish bodied candles on any t/f 1min to mthly....so it indicates that a reversal against the prevailing price action (of whatever duration) is getting nearer. It is very very unusual to see 13!
Thanks a million Headland. We may then expect a liquidation of GU!
  • #575,420
  • Feb 1, 2021 5:45am Feb 1, 2021 5:45am
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yes yes yes
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