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Cable Update (GBPUSD)

  • #576,541
  • Feb 5, 2021 8:52am Feb 5, 2021 8:52am
Let's see if us boys can eat through the orders above 1,3730, I doubt it today, it is also friday, don't forget. Correction could come soon. I', out at 1,3730 looking for shorts short term till evening, cheers
  • #576,542
  • Feb 5, 2021 8:56am Feb 5, 2021 8:56am
Nope, that's it, I'm out. 1,3722, imbalance to eur/gbp also too big.
  • #576,543
  • Feb 5, 2021 8:59am Feb 5, 2021 8:59am
Took short for 25 pips
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yes yes yes
  • #576,544
  • Feb 5, 2021 9:06am Feb 5, 2021 9:06am
dollar index still has room to drop...100%dailyATR(14)
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Always trade your own plan...I don't provide trading signals.
  • #576,545
  • Feb 5, 2021 9:07am Feb 5, 2021 9:07am
Quoting Moty
Took short for 25 pips {image}
Quoting Moty
{image} {image}
stop this please, i guess everyone tired of you in this theme
  • #576,546
  • Feb 5, 2021 9:09am Feb 5, 2021 9:09am
join short
Attached Image
  • #576,547
  • Feb 5, 2021 9:10am Feb 5, 2021 9:10am
time to reverse..?

or too early

she could go till 1.3750th,..

let's see
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dolce vita
  • #576,548
  • Feb 5, 2021 9:12am Feb 5, 2021 9:12am
For those who took heed to my analysis yesterday, YOU WELCOME. Some traders should stay away from analyzing the market. They don't understand the big picture of Central Banks. As I said yesterday, Central Banks were going to run up GBPUSD back to their Weekly Central Bank Zone. People here kept shorting like idiots. No understanding of phycology of Central Banks instead using technical analysis which can destroy you. As I see the markets, at macro level, Janet Yellen (Treasury Secretary, who was also Fed Chair) is micro-managing the Central Banks for US and setting the program for other Central Banks around the world. She is back in control.

The US brought Gold down to November 2020 levels where pre-election US and US post election. They new Treasury and Fed Chair met yesterday at Janet Yellen direction. The new game-plan on currency, gold, oil, and crypto about to unveil in coming months as she about to change the game. Be ready or get crushed...
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  • #576,549
  • Feb 5, 2021 9:13am Feb 5, 2021 9:13am
Quoting mysubcult
{quote} {quote} stop this please, i guess everyone tired of you in this theme

Why Bro,,, We are all loving it,, here anyone can share his trading idea and profit.
  • #576,550
  • Feb 5, 2021 9:13am Feb 5, 2021 9:13am
Quoting pipfarm
{quote} Moty has it right this time


Sell @ 1.37325 initiated.
WT
  • #576,551
  • Feb 5, 2021 9:15am Feb 5, 2021 9:15am
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yes yes yes
  • #576,552
  • Feb 5, 2021 9:16am Feb 5, 2021 9:16am
DXY 1H moving against 4H and daily so corrective at this point, do not have enough daily data to see if we are corrective or impulsive overall

Cable stormed past 3725 , letz see what happens around the 3750ish resistance , will it break it? it will be a defining moment for cable to continue the daily minor uptrend within the larger trend towards 4350
Follow The Markets Structure - Patience and Discipline
  • #576,553
  • Feb 5, 2021 9:16am Feb 5, 2021 9:16am
We've re-tested the higher TF wedge now. Supply at 1.3730-50

Shorted at 1.3734, lets see. TP open stop to BE when I can
  • #576,554
  • Feb 5, 2021 9:18am Feb 5, 2021 9:18am
Closed all my trades with small profit
If this H&S next week we will go more higher
Happy weekend all
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Click to Enlarge Name: GU.png Size: 57 KB
  • #576,555
  • Feb 5, 2021 9:18am Feb 5, 2021 9:18am
would like to short... but the problem is the backbounce over the whole week and words from aggieman01, could be true that way.
Orders speaks short, I take small short at 1,3732 now, SL tight 1,3740
  • #576,556
  • Feb 5, 2021 9:19am Feb 5, 2021 9:19am
Quoting Bartosz77
{quote} Sell @ 1.37325 initiated.
Another short awaiting to engage @ 1.37589.
WT
  • #576,557
  • Feb 5, 2021 9:20am Feb 5, 2021 9:20am
Quoting SCopier
Closed all my trades with small profit If this H&S next week we will go more higher Happy weekend all {image}
Market has problems to lift, not sure why, overbought but recover left from week, I think big boys are done for that week, also not much to cover from gain today (previous shorts covert, no new longs).

I took small short for mini-correction. I think sometimes it is better to stay away from market if no clear picture.
  • #576,558
  • Feb 5, 2021 9:29am Feb 5, 2021 9:29am
Quoting mysubcult
{quote} {quote} stop this please, i guess everyone tired of you in this theme
I think its the opposite.. we like moty hammer... Even though im in bull team atm..
  • #576,559
  • Feb 5, 2021 9:31am Feb 5, 2021 9:31am
1.38 in the making.
1 more hour to go before London close.
My observation may be wrong but intent correct. Stay calm!
  • #576,560
  • Feb 5, 2021 9:32am Feb 5, 2021 9:32am
Quoting aggieman01
For those who took heed to my analysis yesterday, YOU WELCOME. Some traders should stay away from analyzing the market. They don't understand the big picture of Central Banks. As I said yesterday, Central Banks were going to run up GBPUSD back to their Weekly Central Bank Zone. People here kept shorting like idiots. No understanding of phycology of Central Banks instead using technical analysis which can destroy you. As I see the markets, at macro level, Janet Yellen (Treasury Secretary, who was also Fed Chair) is micro-managing the Central Banks...
sell again
Attached Image
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