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Cable Update (GBPUSD)

  • #576,221
  • Feb 4, 2021 4:58am Feb 4, 2021 4:58am
Nice trades, although first one almost brushed your SL...but all good at the end.

Yesterday was good day for me as well so I will stay away today, unless we really hit this untested volume area of 3566 in my charts too for some S. News might cause some flutter.

Take care,
I

Quoting pipcenturion
{quote} I am out of my sell trades. The just concluded H1 candle closed with a bullish body. I still have pending orders (buy limits) around the 1.356663 level {image}
  • #576,222
  • Feb 4, 2021 5:00am Feb 4, 2021 5:00am
Everybody, more big fall after the red news 1 hour later. Watch out.
Damage
  • #576,223
  • Feb 4, 2021 5:01am Feb 4, 2021 5:01am
Quoting Moty
{image}{image}{image}
You are near to your TP and you change your choice.
Damage
  • #576,224
  • Feb 4, 2021 5:15am Feb 4, 2021 5:15am
Be weary of selling now. We've tested critical support at 3580, should 3570 hold, say goodbye to selling for short term, or comeback to the market after the news.
You can't backtest emotions.
  • #576,225
  • Feb 4, 2021 5:20am Feb 4, 2021 5:20am
Price will ranging now fibo monthly lv 38.2 -- 61.8
(moved my last trade sl a bit )
Attached Image (click to enlarge)
Click to Enlarge Name: GU.png Size: 59 KB
  • #576,226
  • Feb 4, 2021 5:24am Feb 4, 2021 5:24am
As long as price perce through 1.36170/1.36435 i dont consider myself as bull
  • #576,227
  • Feb 4, 2021 5:30am Feb 4, 2021 5:30am
... 76.4% downside extension of yesterday's daily candle, 61.8% 3450-3759, and 78.6% 3519-3759 all @ the current dly lo. Uk Boe stuff in 30mins.

3 fib cluster 3548 (is also Dly S3) -40 in the dly part of that prev 1hr/4hr/dly sw lo zone to 3519...Wkly S2 @/around 3538, 1hr/4hr part begins circa 3527. 2 more fibs 3523 and 3517.
Attached Image
Trader with an Edge.
  • #576,228
  • Feb 4, 2021 5:42am Feb 4, 2021 5:42am
lets see if it breaks the vwap... watching the 3600 level... Could be a move to the upside if it gets there...
  • #576,229
  • Feb 4, 2021 5:47am Feb 4, 2021 5:47am
everyone poised holding their chairs...Bulls or Bears... All the Best!
My observation may be wrong but intent correct. Stay calm!
  • #576,230
  • Feb 4, 2021 5:48am Feb 4, 2021 5:48am
people going crazy about so called volatility but since frankfurt has moved 16 pips either side of 13684

16 measly pips

not a coincidence as 16 is the most important number in all of forex but you laugh too hard when that is explained to you, like you do at wave theory when given heads up

note well where frankie opened today ...
twitter: @gettoefl
  • #576,231
  • Feb 4, 2021 5:49am Feb 4, 2021 5:49am
15min to NEWS

while all SHORT still intact secured with SL Lock to Profit

setting up BUY/LONG (BUY STOP) @1.36261, SL +-30Pip, TP OPEN .

Safe Trade Buddys


PS: HYPERBARIC CHAMBER are Standing By, just In case & Deepwater ROV also standingby just incase i need to dive deeper than before
Suro Diro Joyoningrat Lebur Dening Pangastuti
  • #576,232
  • Feb 4, 2021 5:49am Feb 4, 2021 5:49am
1.3520s-1.3560s still the strong support zone.
However when market sets the price to play around critical price level, it becomes gambling entering an order right before the news.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #576,233
  • Feb 4, 2021 5:53am Feb 4, 2021 5:53am
Quoting parshal
everyone poised holding their chairs...Bulls or Bears... All the Best!
https://www.fxstreet.com/macroeconom...tral-banks/boe
My observation may be wrong but intent correct. Stay calm!
  • #576,234
  • Feb 4, 2021 6:01am Feb 4, 2021 6:01am
note how the insiders push it tad below 16 few secs before midday so you cant get long, same rinse repeat as always
twitter: @gettoefl
  • #576,235
  • Feb 4, 2021 6:02am Feb 4, 2021 6:02am
yikes what a candle...
  • #576,236
  • Feb 4, 2021 6:02am Feb 4, 2021 6:02am
Quoting gettoefl
note how the insiders push it tad below 16 few secs before midday so you cant get long, same rinse repeat as always
saw that , i was like wow its really going to break lower...nahhhhhhhh no it isnt
  • #576,237
  • Feb 4, 2021 6:04am Feb 4, 2021 6:04am
newbie here, 500 pipettes lost, dammit
i got my lesson for not putting S/L
what is that candle btw??? the interest rate is same
i dont understand
  • #576,238
  • Feb 4, 2021 6:05am Feb 4, 2021 6:05am
hahahha
My observation may be wrong but intent correct. Stay calm!
  • #576,239
  • Feb 4, 2021 6:06am Feb 4, 2021 6:06am
Quoting ChiForex
1.3520s-1.3560s still the strong support zone. However when market sets the price to play around critical price level, it becomes gambling entering an order right before the news.
Focus turning to around 1.3678 resistance....don't short before
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #576,240
  • Feb 4, 2021 6:06am Feb 4, 2021 6:06am
Quoting parshal
hahahha
Now what is the new stats..1.38?
My observation may be wrong but intent correct. Stay calm!
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