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Cable Update (GBPUSD)

  • #575,421
  • Feb 1, 2021 5:51am Feb 1, 2021 5:51am
...done for today...last look at 1hr below. G/L all.
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Trader with an Edge.
  • #575,422
  • Feb 1, 2021 6:10am Feb 1, 2021 6:10am
Quoting Yngwie
{quote} Closed all short. {image}
are your trading options my friend?
"TIME AND PRICE IS ALL THERE IS"
  • #575,423
  • Feb 1, 2021 6:37am Feb 1, 2021 6:37am
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
today, ny opening will be epic
Studing..............
  • #575,424
  • Feb 1, 2021 6:44am Feb 1, 2021 6:44am
Hi to all! Triple TOP FAILED VOlume.... i'm short
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  • #575,425
  • Feb 1, 2021 6:54am Feb 1, 2021 6:54am
m30 can go to 1.36800 around but h4 and h1 up.i wouldnt short it.somekind double bottom h1 and m30.triple bottom and no high
  • #575,426
  • Feb 1, 2021 7:02am Feb 1, 2021 7:02am
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yes yes yes
  • #575,427
  • Feb 1, 2021 7:02am Feb 1, 2021 7:02am
I'm out for +50 today. Set a tp @ 3700 and it's just triggered.

Such jumpy and hesitant downside!
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  • #575,428
  • Feb 1, 2021 7:11am Feb 1, 2021 7:11am
Quoting pipprincess
I'm out for +50 today. Set a tp @ 3700 and it's just triggered. Such jumpy and hesitant downside! {image}
Mine still running with SL lock and secured at Profit pips
Suro Diro Joyoningrat Lebur Dening Pangastuti
  • #575,429
  • Edited 7:35am Feb 1, 2021 7:17am | Edited 7:35am
Quoting mysterio
I would reload shorts here 1.3720 but made my target for the day, lets see
Looking good

1.3693ish could see some bounce

I think it could drop further but I would close shorts here 1.3680
  • #575,430
  • Feb 1, 2021 7:20am Feb 1, 2021 7:20am
Quoting pinguin
{quote} Mine still running with SL lock and secured at Profit pips
Cool. What is your trade? (sorry if I didn't see you post it earlier).
  • #575,431
  • Feb 1, 2021 7:27am Feb 1, 2021 7:27am
Quoting pipprincess
{quote} Cool. What is your trade? (sorry if I didn't see you post it earlier).
no problems, still keep mine open with SL lock profit, due to my TP is around 1.32884 (around 33.8-50% FIB on weekly chart)
Suro Diro Joyoningrat Lebur Dening Pangastuti
  • #575,432
  • Feb 1, 2021 7:29am Feb 1, 2021 7:29am
R level to watch:
1.36636
1.36536
If you don't know how to earn money, don't loose it.
  • #575,433
  • Edited 7:40am Feb 1, 2021 7:29am | Edited 7:40am
The drop is here
My tp is just above the horizontal line at 1.36565 ,
1.36600
Go go go
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yes yes yes
  • #575,434
  • Feb 1, 2021 7:32am Feb 1, 2021 7:32am
IMO 1.3670
  • #575,435
  • Feb 1, 2021 7:32am Feb 1, 2021 7:32am
Quoting helioss
COT ANALYSYS: SMART MONEY HAVE INCREASED SHORT POSITION ON: GBP, AUD, NZD, JPY SMART MONEY HAVE INCREASED LONG POSITION ON: EUR, CHF, CAD So i'm think WEAKNESS on CABLE NEXT WEAK with LOW < FRIDAY CLOSED Have a nice weekend & stay safe {image}
tnx COT
  • #575,436
  • Feb 1, 2021 7:41am Feb 1, 2021 7:41am
Quoting mysterio
{quote} Looking good 1.3693ish could see some bounce I think it could drop further but I would close shorts here 1.3680
imo, level 1.368036 is bounce area .. and from my perspective, if that level breach, price will push further down
Suro Diro Joyoningrat Lebur Dening Pangastuti
  • #575,437
  • Edited 8:08am Feb 1, 2021 7:56am | Edited 8:08am
Quoting pinguin
{quote} imo, level 1.368036 is bounce area .. and from my perspective, if that level breach, price will push further down
Agreed.. although DXY is showing some signs of a top I believe it has further upside today.

Edit-- closer look, 1.3680, showing some signs of a falling wedge/double bottom/bullish divergence on 5m.
  • #575,438
  • Feb 1, 2021 7:58am Feb 1, 2021 7:58am
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yes yes yes
  • #575,439
  • Feb 1, 2021 7:58am Feb 1, 2021 7:58am
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yes yes yes
  • #575,440
  • Feb 1, 2021 8:04am Feb 1, 2021 8:04am
Bulls Time
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