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Cable Update (GBPUSD)

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  • Post #576,821
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  • Feb 8, 2021 2:39pm Feb 8, 2021 2:39pm
  •  Rgkc
  • | Joined Dec 2010 | Status: Never stop learning about forex! | 419 Posts
Clean
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Studing..............
 
 
  • Post #576,822
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  • Feb 8, 2021 3:22pm Feb 8, 2021 3:22pm
  •  cmk
  • | Joined Feb 2014 | Status: Member | 99 Posts
Short triggered @3733 tp:3700, betting that price will visit 1.37 again before going up/down
 
1
  • Post #576,823
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  • Feb 8, 2021 3:36pm Feb 8, 2021 3:36pm
  •  Moty
  • Joined Dec 2017 | Status: Member | 21,609 Posts
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  • Post #576,824
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  • Feb 8, 2021 6:01pm Feb 8, 2021 6:01pm
  •  MoneyZilla
  • Joined Dec 2015 | Status: Suuka Maadik | 3,630 Posts
Moty gotta be happy with this?
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Maadik Hugiis. IQ 69.
 
 
  • Post #576,825
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  • Feb 8, 2021 8:20pm Feb 8, 2021 8:20pm
  •  azmal0111
  • | Joined Apr 2015 | Status: Member | 35 Posts
Still holding several Shorts..most of them negative... Now expecting free move to downward. Anyone else??
 
 
  • Post #576,826
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  • Feb 8, 2021 8:24pm Feb 8, 2021 8:24pm
  •  GGekkoGreed
  • | Joined May 2018 | Status: Member | 152 Posts
Quoting azmal0111
Disliked
Still holding several Shorts..most of them negative... Now expecting free move to downward. Anyone else??
Ignored
took a small short position... trying to see if it targets that volume below...
 
 
  • Post #576,827
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  • Feb 8, 2021 8:32pm Feb 8, 2021 8:32pm
  •  bluesushi
  • | Joined Aug 2020 | Status: Member | 113 Posts
Careful longs. Maximum for me is 1.3800 and it seems to be headed that way.
We're not yet in mid week so there's a big potential for the weekly candle to make a lower low.
 
1
  • Post #576,828
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  • Feb 8, 2021 8:48pm Feb 8, 2021 8:48pm
  •  Moty
  • Joined Dec 2017 | Status: Member | 21,609 Posts
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  • Post #576,829
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  • Edited 9:11pm Feb 8, 2021 9:00pm | Edited 9:11pm
  •  ChiForex
  • Joined Jan 2019 | Status: Member | 1,035 Posts
GU looking to be basing above 1.3740s heading to weekly targets talked about at the beginning of this month, located around 1.3820s, can reach there as soon as today. A base above there will later on target 1.3900s

For now, a base above 1.3770 on daily will start the upward journey.

Watch out 1.3790 resistance, base above on weekly will confirm the medium term view to monthly target 1.3900s
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
 
1
  • Post #576,830
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  • Feb 8, 2021 9:25pm Feb 8, 2021 9:25pm
  •  RedCable
  • | Joined May 2020 | Status: Member | 55 Posts
Quoting Moty
Disliked
{image}
Ignored
The resistance seems to be getting broken !! I have also same type of sell positions, not looking good.
 
1
  • Post #576,831
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  • Feb 8, 2021 9:28pm Feb 8, 2021 9:28pm
  •  Georginson
  • Joined Aug 2018 | Status: Veteran | 3,346 Posts | Online Now
Quoting Georginson
Disliked
Below is TRADE IDEA FOR INTRADAY traders for next week Monday - Tuesday *Sell from 1.3775 target 1.3666 *Buy 1 from 1.3666 target 1.3800 *Buy 2 from 1.3612 target 1.3750 Note: 100 pips drawdown cannot be ruled out, so be psychologically prepared by applying modest stake at recommended levels. *If low of (1.3666/1.3610) gets attacked first on Monday/Tuesday then 1.3800 will be imminent next week *If high of 1.3800 gets attacked first by Monday/Tuesday then we will go on full scale sell to target 1.3610/1.3580, which will invalidate the potential...
Ignored
Now sell from here 1.3775 target 1.3666.
Swing and Intraday
 
3
  • Post #576,832
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  • Feb 8, 2021 9:33pm Feb 8, 2021 9:33pm
  •  Moty
  • Joined Dec 2017 | Status: Member | 21,609 Posts
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  • Post #576,833
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  • Feb 8, 2021 9:58pm Feb 8, 2021 9:58pm
  •  Yngwie
  • Joined Aug 2008 | Status: Member | 2,115 Posts
price today must reverse before 1.3832 if not we will see 1.4 soon
naked trader ~ GBPUSD only!
 
2
  • Post #576,834
  • Quote
  • Feb 8, 2021 9:58pm Feb 8, 2021 9:58pm
  •  navk
  • Joined Oct 2010 | Status: Trader | 15,493 Posts
IMO,

3800 and then sell off.

Not before.
Intraday only.
 
2
  • Post #576,835
  • Quote
  • Feb 8, 2021 10:02pm Feb 8, 2021 10:02pm
  •  palpite
  • Joined Sep 2015 | Status: Under Pressure | 3,398 Posts
sell - 1.3778
Together we can be strongest
 
2
  • Post #576,836
  • Quote
  • Feb 8, 2021 10:32pm Feb 8, 2021 10:32pm
  •  M.Fadly
  • Joined Dec 2019 | Status: Member | 725 Posts
NEXT 1.37489// 1.38612
Like me, cuts losses quickly. But has more patience and lets his winn
 
2
  • Post #576,837
  • Quote
  • Feb 8, 2021 10:40pm Feb 8, 2021 10:40pm
  •  wanted
  • | Joined Jul 2012 | Status: Member | 44 Posts
Quoting navk
Disliked
IMO, 3800 and then sell off. Not before.
Ignored
Same to me, DXY will touch 90.5 then bounce
 
 
  • Post #576,838
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  • Feb 8, 2021 10:47pm Feb 8, 2021 10:47pm
  •  tehtawar
  • Joined Jun 2017 | Status: Lucky Member | 190 Posts
Suggest to build short around 1.38 RN until 1.3825 semi RN SL must put above 1.3850 FOR TODAY only
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Stay low, Go fast - No luck, All skill
 
 
  • Post #576,839
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  • Feb 8, 2021 10:55pm Feb 8, 2021 10:55pm
  •  Myismael
  • | Joined Oct 2019 | Status: Member | 47 Posts
now drop it like it's hot haha
 
 
  • Post #576,840
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  • Feb 8, 2021 11:13pm Feb 8, 2021 11:13pm
  •  wiserltz
  • Joined Jun 2016 | Status: Member | 2,402 Posts
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Be a spectator, not a player
 
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