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Cable Update (GBPUSD)

  • #576,281
  • Feb 4, 2021 7:35am Feb 4, 2021 7:35am
10 hours waiting
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  • #576,282
  • Feb 4, 2021 7:47am Feb 4, 2021 7:47am
I have never seen such a move
  • #576,283
  • Feb 4, 2021 7:50am Feb 4, 2021 7:50am
For today max can go up if no more news momentum until 3740. If break she want to touch 8000
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #576,284
  • Feb 4, 2021 7:50am Feb 4, 2021 7:50am
Quoting Georginson
{quote} The implication of break of this 1.3580 opens up 1.3330 area but sellers will need lots of patience as price may still do one last push to 1.3830 area. Now my bias turns bearish but will only start selling from 1.3660, 1.3740 and 1.3820. selling at this current low of 1.3575 will lead to short term trap, wait for some bounce before selling. Trade with utmost caution.
Now new first sell placed at 1.3695... second sell limit at 1.3740... bears were warned not to get trapped at 1.3575.

My bias is now bearish, so I will space my sell trades from here.
Data + Stat + Risk/Emotions Management
  • #576,285
  • Feb 4, 2021 7:50am Feb 4, 2021 7:50am
short GU
as my view news already over
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  • #576,286
  • Feb 4, 2021 7:51am Feb 4, 2021 7:51am
Quoting Yngwie
For today max can go up if no more momentum until 3740. If break she want to touch 8000
trading is easier when it makes big moves like this
  • #576,287
  • Feb 4, 2021 7:57am Feb 4, 2021 7:57am
i'm closing my Bull at 1.3720, thats enough for today.

Expect to reach 1.3750 AREA
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  • #576,288
  • Feb 4, 2021 7:59am Feb 4, 2021 7:59am
i have put a small long to see 1.36435 will go in the wind or not
  • #576,289
  • Feb 4, 2021 7:59am Feb 4, 2021 7:59am
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yes yes yes
  • #576,290
  • Feb 4, 2021 7:59am Feb 4, 2021 7:59am
Quoting Ehsank78
{quote} trading is easier when it makes big moves like this

of course man of course
  • #576,291
  • Feb 4, 2021 8:00am Feb 4, 2021 8:00am
the EURGBP pair has reached the limit of its adr, perhaps there will be a rebound
  • #576,292
  • Feb 4, 2021 8:05am Feb 4, 2021 8:05am
Quoting Bartosz77
{quote} Crystal ball...?
Will it have enough power to reach and clear 1.37024?

To not to lose out in case it doesn't, a short trade activated @ 1.36838.
WT
  • #576,293
  • Feb 4, 2021 8:08am Feb 4, 2021 8:08am
Return all gains when US market opens?
  • #576,294
  • Feb 4, 2021 8:12am Feb 4, 2021 8:12am
Gold at 1797 now
  • #576,295
  • Feb 4, 2021 8:14am Feb 4, 2021 8:14am
exact multiple of 16 pips as expected for the 16 divided by 8 hour all is well with the world spike ... nah you all on drugs
twitter: @gettoefl
  • #576,296
  • Feb 4, 2021 8:15am Feb 4, 2021 8:15am
Quoting Georginson
{quote} Now new first sell placed at 1.3695... second sell limit at 1.3740... bears were warned not to get trapped at 1.3575. My bias is now bearish, so I will space my sell trades from here.
Hey G, are you expecting this to start trending lower from there??
Lost....
  • #576,297
  • Feb 4, 2021 8:17am Feb 4, 2021 8:17am
Just and above the news trading is human perspective and the imaginations
  • #576,298
  • Feb 4, 2021 8:19am Feb 4, 2021 8:19am
Reversal zone @1.3700. My opinion
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  • #576,299
  • Feb 4, 2021 8:19am Feb 4, 2021 8:19am
Quoting randu
{quote} Nah... it's just fibo as I mention before {quote} See where it bounce? {image}
And vice versa....
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  • #576,300
  • Feb 4, 2021 8:19am Feb 4, 2021 8:19am
Quoting gespiri
{quote} Hey G, are you expecting this to start trending lower from there??
Since 1.3580 got broken, now my bias has turned bearish with caution. As I said earlier, I will space my sell trades from the earlier sell at 1.3695 all the way to 1.3820 area. I allow for some draw down as these moves can attack your stops if not well spaced.

Trade with caution.
Data + Stat + Risk/Emotions Management
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