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Cable Update (GBPUSD)

  • #575,481
  • Feb 1, 2021 11:00am Feb 1, 2021 11:00am
Quoting Bacco
If daily can close below 3652 bears could get a boost. until then...watch out 3675 and and 3653 for reaction
Bounced from 3656 for 25 pips. is important to keep the daily close below that price for bears
Twitter: Rummer_grapes
  • #575,482
  • Feb 1, 2021 11:02am Feb 1, 2021 11:02am
Quoting coolmakina
{quote} 100 pips... ain't boring me.
You are a Man..gr8 job
My observation may be wrong but intent correct. Stay calm!
  • #575,483
  • Feb 1, 2021 11:02am Feb 1, 2021 11:02am
Quoting Moty
entered long stop 1.36500 tp 1.37 area {image}
out , dx has broke up
took short eu
yes yes yes
  • #575,484
  • Feb 1, 2021 11:04am Feb 1, 2021 11:04am
Quoting Glorybound
{quote} Please what have you to say concerning the volume - is the volume for shorts still high vis a vis that of longs?
SHORT PRESSURE is HIGH
  • #575,485
  • Feb 1, 2021 11:11am Feb 1, 2021 11:11am
Quoting parshal
{quote} You are a Man..gr8 job
i didn' t catch them all, toke 55.
what i meant is that a move of 100pips i wouldn't consider boring.
stay cool
If you don't know how to earn money, don't loose it.
  • #575,486
  • Feb 1, 2021 11:12am Feb 1, 2021 11:12am
Quoting Wavegarrick
{quote} I have some short trades going here. It is possible that price could bounce back up from my daily pivot at 1.36981 and also my descending trend line. FOMC in 6hrs and could bring some volatility. Take care, Cheers {image}
Hi Guys,
I have been building a repertoire of short trades. I don't know yet if I am at the beginning of a medium-term swing cycle. I am grinding it out and will look to short towards my weekly pivot at 1.36683 ish.
Trade safe.
Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_968.png Size: 108 KB
Trade to trade another day
  • #575,487
  • Feb 1, 2021 11:18am Feb 1, 2021 11:18am
This 4 hour candle decides whether we've broken the rising wedge that's been building for a while and might decide the direction for the next couple of days..
  • #575,488
  • Feb 1, 2021 11:32am Feb 1, 2021 11:32am
From volume perspective its interesting to observe how the 3666 level (red thick one on right) plays out tomorrow, its a weekly POC or most traded volume at given price level.

Should provide decent bump upwards.

Attached Image (click to enlarge)
Click to Enlarge Name: 9dec65e0468f45d6a6bee98994b08c18.png Size: 152 KB


Hate myself for messing up today sell at 3740 with too early BE, ah well tomorrow is another day.

Take care and bring the pips home safely,
I
  • #575,489
  • Feb 1, 2021 11:40am Feb 1, 2021 11:40am
Quoting Ilvez
From volume perspective its interesting to observe how the 3666 level (red thick one on right) plays out tomorrow, its a weekly POC or most traded volume at given price level. Should provide decent bump upwards. {image} Hate myself for messing up today sell at 3740 with too early BE, ah well tomorrow is another day. Take care and bring the pips home safely, I
Me too! Kept a stupid tight SL this morning. Would have had a good profitable day!
Insane in the Brain..
  • #575,490
  • Feb 1, 2021 11:40am Feb 1, 2021 11:40am
The couple has the tendency to go up today.
  • #575,491
  • Feb 1, 2021 11:42am Feb 1, 2021 11:42am
Quoting helioss
{quote} SHORT PRESSURE is HIGH
Thank you for the great information!
  • #575,492
  • Feb 1, 2021 11:48am Feb 1, 2021 11:48am
Quoting BeeTogether
{quote} Me too! Kept a stupid tight SL this morning. Would have had a good profitable day!
Cable is a cruel mistress, one minute it'll make you think you're rich then the next it snatches it away from you
  • #575,493
  • Feb 1, 2021 11:50am Feb 1, 2021 11:50am
Quoting coolmakina
{quote} i didn' t catch them all, toke 55. what i meant is that a move of 100pips i wouldn't consider boring. stay cool
I am +90 and many -
Boring means the direction is not getting clear
My observation may be wrong but intent correct. Stay calm!
  • #575,494
  • Feb 1, 2021 12:04pm Feb 1, 2021 12:04pm
Hoping for a close above 137
Insane in the Brain..
  • #575,495
  • Feb 1, 2021 12:15pm Feb 1, 2021 12:15pm
Quoting Moty
{quote} out , dx has broke up took short eu
never go against the fibo s3
Attached Image (click to enlarge)
Click to Enlarge Name: dx.png Size: 24 KB
yes yes yes
  • #575,496
  • Feb 1, 2021 12:16pm Feb 1, 2021 12:16pm
Quoting Ilvez
From volume perspective its interesting to observe how the 3666 level (red thick one on right) plays out tomorrow, its a weekly POC or most traded volume at given price level. Should provide decent bump upwards. {image} Hate myself for messing up today sell at 3740 with too early BE, ah well tomorrow is another day. Take care and bring the pips home safely, I
Hi do you mind to share those market profile indicators?
  • #575,497
  • Feb 1, 2021 12:21pm Feb 1, 2021 12:21pm
Quoting Moty
{quote} never go against the fibo s3 {image}
never go
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 47 KB
yes yes yes
  • #575,498
  • Feb 1, 2021 12:22pm Feb 1, 2021 12:22pm
Sure, there is a whole tread for that. Its not a new invention and I am still very much in learning phase how to interpret it but it gives some clues. Even if the volume is only tickvolume as all know.

https://www.forexfactory.com/thread/1047434-on-point

Quoting eurolinux
{quote} Hi do you mind to share those market profile indicators?
  • #575,499
  • Feb 1, 2021 12:29pm Feb 1, 2021 12:29pm
Quoting Wavegarrick
{quote} Hi Guys, I have been building a repertoire of short trades. I don't know yet if I am at the beginning of a medium-term swing cycle. I am grinding it out and will look to short towards my weekly pivot at 1.36683 ish. Trade safe. Cheers. {image}
Follow up on my post, 1st sell trade opened. S/loss 25 pips.
Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_970.png Size: 99 KB
Trade to trade another day
  • #575,500
  • Feb 1, 2021 12:33pm Feb 1, 2021 12:33pm
Quoting montygoldy
One long in action tp around 1.36860 (20 pips tp)
tp hit
Extreme gut feeling trader
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