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Cable Update (GBPUSD)

  • #575,621
  • Edited 5:24am Feb 2, 2021 5:08am | Edited 5:24am
Quoting wiserltz
{image}
In other words, we locked the platform out to avoid haemorrhaging money

..."buy stocks in a coordinated way (not in our risk models so we didn't know how to deal with it apart from to call a halt to it)"
  • #575,622
  • Feb 2, 2021 5:16am Feb 2, 2021 5:16am
Quoting gespiri
{quote} Both sides currently fighting......look at the long wicks in 5m chart. As long as 1.3668 is unbroken or closed below, my bias is long.
....might even go down to 1.3660 and then.....
Attached Image (click to enlarge)
Click to Enlarge Name: 7e6d179b5bfcc734a3abf94c8356e2b9.png Size: 155 KB
Lost....
  • #575,623
  • Feb 2, 2021 5:22am Feb 2, 2021 5:22am
Quoting Moty
Dx is on its way up {image}
What about area 91.10/91.25 ?
Don't you like to sell from there?
  • #575,624
  • Feb 2, 2021 5:24am Feb 2, 2021 5:24am
Quoting Sang.Real
{quote} GU Should I closed ? Or wait for more loss ?.... {image}
I recon you hold on to your longs. Of if it's within your R:R. IF the price need go south, it may have to retest 1.37 or if it has go north, it will test the yesterday's lows. i m holding my longs @BE. make a wise choice according to your trading behavior. Just my two cents. Cheers !

Note : Pair is still making higher highs. Previous swing low is still intact
Fools Rushing
  • #575,625
  • Feb 2, 2021 5:26am Feb 2, 2021 5:26am
Quoting Vincent1
{quote} What about area 91.10/91.25 ? Don't you like to sell from there?
No , minimum target 91.700
It can go up even to 94 area
yes yes yes
  • #575,626
  • Feb 2, 2021 5:33am Feb 2, 2021 5:33am
Quoting Moty
{quote} No , minimum target 91.700 It can go up even to 94 area
So we have a different view
Anyway I hope green pips for both of us
  • #575,627
  • Feb 2, 2021 5:36am Feb 2, 2021 5:36am
Quoting Sang.Real
{quote} GU Should I closed ? Or wait for more loss ?.... {image}
I think this could be the answer to your question:
Attached Image (click to enlarge)
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WT
  • #575,628
  • Feb 2, 2021 5:38am Feb 2, 2021 5:38am
Quoting Bacco
{quote} dxy is about weak euro right now
True GBPUSD is a pair though, USD strength is GBPUSD weakness
  • #575,629
  • Feb 2, 2021 5:40am Feb 2, 2021 5:40am
Yes yes yes
Break down
Show me the money
Attached Image (click to enlarge)
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https://m.youtube.com/watch?v=mBS0OWGUidc
yes yes yes
  • #575,630
  • Feb 2, 2021 5:42am Feb 2, 2021 5:42am
Quoting wiserltz
{image}
Its really sad all that. I never heard halting to buy a stock only because is going higher......tesla? amazon? microsoft? nobody halted....because the big fish are making profits.
As soon as someone is starting to lose.....they reduce leverage, or number of stock that u can buy.

And the funny thing....they say that are doing that to menage risk of customers. I thought we were going to decide about our risk.

This is the reality about the market.
Twitter: Rummer_grapes
  • #575,631
  • Edited 5:57am Feb 2, 2021 5:45am | Edited 5:57am
... just sneaked 1pip under that prev 30min sw lo zone and bounced at the steepest 1hr/4hr ascending t/line..... 1hr below. Immediately below here another 1hr/4hr asc t/line and the prev 1hr x3 /4hr sw lo zone to y/day's 3656 lo / 78.6% 3630-3759. Done for today. G/L all.
Attached Image (click to enlarge)
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Trader with an Edge.
  • #575,632
  • Feb 2, 2021 5:45am Feb 2, 2021 5:45am
Quoting mysterio
{quote} True GBPUSD is a pair though, USD strength is GBPUSD weakness

I know there are dollars in the cross. But dollar strenght is something. Dxy is something else

Attached Image (click to enlarge)
Click to Enlarge Name: InkedCattura_LI.jpg Size: 1.0 MB
Twitter: Rummer_grapes
  • #575,633
  • Feb 2, 2021 5:57am Feb 2, 2021 5:57am
Quoting Bacco
{quote} I know there are dollars in the cross. But dollar strenght is something. Dxy is something else {image}
I'm with you, you're def not wrong. But there's likely automatic pressure on all dollar crosses from HFT/algos based on DXY movement. There's also a fundamental case for dollar strength at the moment, treasuries are selling off. I think there's a bit of a battle going on in the pair with both GBP strength and USD strength.
Attached Image (click to enlarge)
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  • #575,634
  • Feb 2, 2021 6:06am Feb 2, 2021 6:06am
short 3674 for 20
Twitter: Rummer_grapes
  • #575,635
  • Feb 2, 2021 6:12am Feb 2, 2021 6:12am
I think a buy now will be fine.

Price has touched 1.36662

First target : 1.3722
  • #575,636
  • Feb 2, 2021 6:12am Feb 2, 2021 6:12am
Time for bull
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #575,637
  • Feb 2, 2021 6:13am Feb 2, 2021 6:13am
Quoting pipcenturion
I think a buy now will be fine. Price has touched 1.36662 First target : 1.3722
DXY drop now, buy is better than short atm
  • #575,638
  • Feb 2, 2021 6:16am Feb 2, 2021 6:16am
Quoting pipcenturion
I think a buy now will be fine. Price has touched 1.36662 First target : 1.3722

Bro what will be the SL Point?
  • #575,639
  • Feb 2, 2021 6:18am Feb 2, 2021 6:18am
Quoting Sang.Real
{quote} GU Should I closed ? Or wait for more loss ?.... {image}
Close 1 with BE or little profit. Now GU go up, a correction. take a hedge to second position or close to BE.
  • #575,640
  • Feb 2, 2021 6:20am Feb 2, 2021 6:20am
Quoting NhRedoy94
{quote} Bro what will be the SL Point?
30 pips should be okay.
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