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Cable Update (GBPUSD)

  • #577,081
  • Feb 9, 2021 10:05pm Feb 9, 2021 10:05pm
Quoting kd1
{quote} much needed brother... i m stll holding my shorts...Its enough stretch on Rubber Band imo
90.320-90.360 will bounce dx up .
how far ? i don't know
yes yes yes
  • #577,082
  • Feb 9, 2021 10:07pm Feb 9, 2021 10:07pm
majority of FF Traders are short on Cable too...Lets See

Attached Image
Regret is Brutal
  • #577,083
  • Feb 9, 2021 10:29pm Feb 9, 2021 10:29pm
Quoting kd1
majority of FF Traders are short on Cable too...Lets See {image}
Just a heads-up kd1. If you want to be in this trading business. i guess you have got to cut your losses (Money Management) early. Your emotions are driving you now.

you can take it or leave it !
Fools Rushing
  • #577,084
  • Feb 9, 2021 10:40pm Feb 9, 2021 10:40pm
Quoting MTF Test
{quote} Just a heads-up kd1. If you want to be in this trading business. i guess you have got to cut your losses (Money Management) early. Your emotions are driving you now. you can take it or leave it !
Point Taken Buddy....
Regret is Brutal
  • #577,085
  • Feb 9, 2021 11:13pm Feb 9, 2021 11:13pm
Quoting tehtawar
Suggest to build short around 1.38 RN until 1.3825 semi RN SL must put above 1.3850 FOR TODAY only {image}
So this level still valid for today IMHO if h1 close not above 1.3830. Gravestone candle looks good tho
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Today daily range
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Stay low, Go fast - No luck, All skill
  • #577,086
  • Edited Feb 10, 2021 12:02am Feb 9, 2021 11:17pm | Edited Feb 10, 2021 12:02am
G/M, Early start for me as can only do a 3 hr session trading today - gotta go out.

4th consecutive bullish-bodied daily candle yesterday and price has crept up to 3827 current uptrend and current dly hi.

Above current hi 3845=dly R1, 3876=Dly R2, 3878=Wkly R2, 3885=150% extension of last mthly swing hi-lo, ie 3482-2675, then 3893-3929 a minor dly sw lo zone = prev supp = pot sbr from march 2018...very minor.

Will the bears get some relief today or not?

1hr below.
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Trader with an Edge.
  • #577,087
  • Feb 9, 2021 11:28pm Feb 9, 2021 11:28pm
Sl at 1.38320
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yes yes yes
  • #577,088
  • Feb 10, 2021 12:03am Feb 10, 2021 12:03am
Quoting Moty
Sl at 1.38320 {image}
i have a feeling easily can go beyond that .... meaning a spike up before any sellling
Extreme gut feeling trader
  • #577,089
  • Feb 10, 2021 12:18am Feb 10, 2021 12:18am
Quoting Moty
Sl at 1.38320 {image}
i expect price to test 3842/50 and then pull back.

I am planning to short around 3840 to 50.
Intraday only.
  • #577,090
  • Feb 10, 2021 12:28am Feb 10, 2021 12:28am
Quoting Moty
Sl at 1.38320 {image}
my planning add short at 1.3830 level
and will see what GU does later on
  • #577,091
  • Edited 12:53am Feb 10, 2021 12:43am | Edited 12:53am
London forex desks just kicking in.....that prev 1hr sw hi zone = prev res=pot rbs and the steepest 1hr asc t/line providing the support atm. 4hr rising wedge thingy going on ?

4hr below, and what the bears are doing?
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Attached Image
Trader with an Edge.
  • #577,092
  • Feb 10, 2021 12:44am Feb 10, 2021 12:44am
GU

I plan for going long this pair at L.O.

SL at minimum.

The set up based on SNR.

Any view are welcome.

Thanks
Attached Image (click to enlarge)
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  • #577,093
  • Feb 10, 2021 12:54am Feb 10, 2021 12:54am
Quoting Sang.Real
GU I plan for going long this pair at L.O. SL at minimum. The set up based on SNR. Any view are welcome. Thanks {image}
Cute
  • #577,094
  • Feb 10, 2021 1:05am Feb 10, 2021 1:05am
Quoting DailyChart
{quote} Cute
you too.
  • #577,095
  • Feb 10, 2021 1:05am Feb 10, 2021 1:05am
...the 1hr rising wedge thingy breaks to the downside. 1hr below.
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Trader with an Edge.
  • #577,096
  • Feb 10, 2021 1:07am Feb 10, 2021 1:07am
Quoting Headland
...the 1hr rising wedge thingy breaks to the downside. 1hr below. {image}
this type of breaking is happening since long but .. gu wants to go up and up only
  • #577,097
  • Feb 10, 2021 1:08am Feb 10, 2021 1:08am
Quoting DailyChart
{quote} Cute
I guess, Moty holding Hammer is much more cuter than my chart....
  • #577,098
  • Feb 10, 2021 1:09am Feb 10, 2021 1:09am
Quoting Sang.Real
GU I plan for going long this pair at L.O. SL at minimum. The set up based on SNR. Any view are welcome. Thanks {image}
good
Attached Image
  • #577,099
  • Feb 10, 2021 1:12am Feb 10, 2021 1:12am
Quoting Sang.Real
GU I plan for going long this pair at L.O. SL at minimum. The set up based on SNR. Any view are welcome. Thanks {image}

GU

Something like this by using cute hammer.
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  • #577,100
  • Feb 10, 2021 1:20am Feb 10, 2021 1:20am
Quoting Sang.Real
{quote} GU Something like this by using cute hammer. {image}
forex will not let you laugh and smile.
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