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Cable Update (GBPUSD)

  • #575,721
  • Feb 2, 2021 11:24am Feb 2, 2021 11:24am
Quoting Sang.Real
GU Short set up. ? for scalping Any comment welcome. Thank You {image}
Seems to be more reasonable than your previous long But 50% retracement is a bit higher, 1,3661
  • #575,722
  • Feb 2, 2021 11:31am Feb 2, 2021 11:31am
Quoting Georginson
{quote} 1.3580 needs to break for sellers to stand any chance, should 1.3610 low remain unbroken, then we are heading back to 1.3750 area in days ahead before aggressive assault of 1.38 area. Pay very close attention to 1.3610 area... Trade safely.
I expect sellers at the 1.36663 level because it failed to hold as support. It should become a turn coat resistance.

There is an untested VAP level at 1.35666

We might have buyers waiting there (1.35666)

Time will tell the whole story.
  • #575,723
  • Feb 2, 2021 11:45am Feb 2, 2021 11:45am
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 59 KB
yes yes yes
  • #575,724
  • Feb 2, 2021 11:48am Feb 2, 2021 11:48am
Quoting pipcenturion
{quote} I expect sellers at the 1.36663 level because it failed to hold as support. It should become a turn coat resistance. There is an untested VAP level at 1.35666 We might have buyers waiting there (1.35666) Time will tell the whole story.
Time will tell, let's wait and see.
Data + Stat + Risk/Emotions Management
  • #575,725
  • Feb 2, 2021 11:54am Feb 2, 2021 11:54am
Quoting Georginson
{quote} Time will tell, let's wait and see.
Thursday has a lineup for big news. Be careful
My observation may be wrong but intent correct. Stay calm!
  • #575,726
  • Feb 2, 2021 12:04pm Feb 2, 2021 12:04pm
Quoting parshal
{quote} Thursday has a lineup for big news. Be careful
well noted with many thanks
Suro Diro Joyoningrat Lebur Dening Pangastuti
  • #575,727
  • Feb 2, 2021 12:14pm Feb 2, 2021 12:14pm
Need a couple of heavy grizzlies to break that one
Attached Image (click to enlarge)
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Air force
  • #575,728
  • Feb 2, 2021 12:26pm Feb 2, 2021 12:26pm
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 42 KB
yes yes yes
  • #575,729
  • Feb 2, 2021 12:53pm Feb 2, 2021 12:53pm
Quoting Moty
{image}
I see the same scenario.
Price already broke support level @1.36248 but could not continue to establish bearish trend. Bounced back towards pivot level @1.36910.
If reaches at pivot point and breaks it then possible to break today's high @1.37098 (doesn't sound possible, atleast for today).
It's almost 01 pm EST and some 3 more hours to close, which sounds market will remain under pivot point level i.e. 1.36900.
Attached Image (click to enlarge)
Click to Enlarge Name: CABLE 02-02.png Size: 22 KB
  • #575,730
  • Feb 2, 2021 12:58pm Feb 2, 2021 12:58pm
I stayed flat today, nice job to everyone who caught the moves. I still see a fair bit of indecision so sitting it out until we get something more reliable.
  • #575,731
  • Feb 2, 2021 1:00pm Feb 2, 2021 1:00pm
Quoting Moty
{image}
I think it's a pullback.
Together we can be strongest
Vantage Return This Month: -97.0%
  • #575,732
  • Feb 2, 2021 1:18pm Feb 2, 2021 1:18pm
Quoting Wavegarrick
{quote} Hi Guys, Trying one more short off my mid-round number at 1.36500. Stop Loss 25 pips. I Will update later. Cheers.
Gu short trade at 1.36491 sl 25 pips cheers
Trade to trade another day
  • #575,733
  • Feb 2, 2021 1:32pm Feb 2, 2021 1:32pm
Quoting pipcenturion
{quote} I was very wrong on this one.
H2 is showing the end for this swing. Resistance at 3670 and 3687. My daily system is showing the first signs of a swing toward 3508 1st big support and 3429 (very strong support). So H2 and daily are in conflict. I dont know if h2 is going to drive the daily or daily is going to drive h2. So i ll keep the intraday as for medium term is not clear for me.
I still have to get use to all the variables, but if the daily is the strongest one, probably we are not done yet.

Having said that, your entry was not bad. Mistakes are normal.
Twitter: Rummer_grapes
  • #575,734
  • Feb 2, 2021 1:56pm Feb 2, 2021 1:56pm
seing bearish divergence on H1, so 1.36606 (my target) might be compromised, all closed.
our for the day.
DS1 and POC seems to be holding.
no more trading. dinner time.
If you don't know how to earn money, don't loose it.
  • #575,735
  • Feb 2, 2021 2:02pm Feb 2, 2021 2:02pm
all out !!!!
1.36555
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 30 KB

I turned 196 $ into 524 $ in 2 days
show me the money
Attached Image (click to enlarge)
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yes yes yes
  • #575,736
  • Feb 2, 2021 2:10pm Feb 2, 2021 2:10pm
Quoting Moty
all out !!!! 1.36555 {image} I turned 196 $ into 524 $ in 2 days show me the money{image}
very good, withdraw 300 and restart.
Together we can be strongest
Vantage Return This Month: -97.0%
  • #575,737
  • Feb 2, 2021 2:10pm Feb 2, 2021 2:10pm
took short
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 32 KB
yes yes yes
  • #575,738
  • Feb 2, 2021 2:12pm Feb 2, 2021 2:12pm
Quoting Moty
all out !!!! 1.36555 {image} I turned 196 $ into 524 $ in 2 days show me the money{image}
well done buddy!!
Insane in the Brain..
  • #575,739
  • Feb 2, 2021 2:13pm Feb 2, 2021 2:13pm
Quoting Moty
took short {image}
you just cant stop can you?
LOL
If you don't know how to earn money, don't loose it.
  • #575,740
  • Feb 2, 2021 2:18pm Feb 2, 2021 2:18pm
Tomorrow daily candle probably bull
Attached Image
My observation may be wrong but intent correct. Stay calm!
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