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Cable Update (GBPUSD)

  • #577,221
  • Feb 10, 2021 6:11am Feb 10, 2021 6:11am
Honestly speaking?
Would highly appreciate any price fall.
Just to reload my nearly empty basket... with better buys.
However, looking at the way she moves now?
It tells me she is not gonna take any prisoners...
Maadik Hugiis. IQ 69.
  • #577,222
  • Feb 10, 2021 6:13am Feb 10, 2021 6:13am
1,3835 now resistance... and test... i took a very small short here already...
  • #577,223
  • Feb 10, 2021 6:13am Feb 10, 2021 6:13am
Quoting soulreader
{quote} if you are talking about 250+ range why you are not considering 1.3600 - 1.3850 end of week ??
Sure you are right it can go there. NO doubt.

But i am going for the main trend of the week. If the conditions are met for a sell when i will consider 250pips to complete down.

I am only following the trend until PA tells me otherwise.

Le$$ I$ More
  • #577,224
  • Feb 10, 2021 6:15am Feb 10, 2021 6:15am
Bears still advange...15 mins still in play and hourly looks bad for bulls, first time break down indi since 36 hours...
  • #577,225
  • Feb 10, 2021 6:16am Feb 10, 2021 6:16am
Quoting JackintheBox
1,3835 now resistance... and test... i took a very small short here already...
I have a resistance at 1.38227 - Resistance not met yet I don't think.
  • #577,226
  • Feb 10, 2021 6:17am Feb 10, 2021 6:17am
Sellers building momentum, only joking it's all 50/50 in my eyes, just remember money management is king
  • #577,227
  • Feb 10, 2021 6:18am Feb 10, 2021 6:18am
playing with channels, couldn't watch all time, but was chance to short few times for few pips
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDM5 canels repected.png Size: 256 KB
Click to Enlarge Name: GBPUSDM1 sitas visai geras, reik atsedeti savo prie kompo, nes chaneliai veikia visai,plius sita.png Size: 162 KB
  • #577,228
  • Feb 10, 2021 6:25am Feb 10, 2021 6:25am
Quoting cymru1
{quote} I have a resistance at 1.38227 - Resistance not met yet I don't think.
I meant for resistance, not support anymore... so short on 1,3835...target 1,3822... as you said too...
  • #577,229
  • Feb 10, 2021 6:25am Feb 10, 2021 6:25am
high possibility for short squeeze when news hit
Attached Image (click to enlarge)
Click to Enlarge Name: b2a08717ae5f4fd27a113070b8651e54.png Size: 5 KB
patience, patience, patience and after that more patience
  • #577,230
  • Feb 10, 2021 6:26am Feb 10, 2021 6:26am
Quoting vanca
high possibility for short squeeze when news hit {image}
holy... have to check that, too. That looks ugly, i check my both brokers... thanks mate.
  • #577,231
  • Feb 10, 2021 6:31am Feb 10, 2021 6:31am
Quoting vanca
high possibility for short squeeze when news hit {image}
short squeeze? LOL..
this is real crap.. FF traders are 0.000000000000000001% of this market..

do you know where the avg SL or TP of this guys? no..
dont use it.. the chart tell the whole story
  • #577,232
  • Feb 10, 2021 6:34am Feb 10, 2021 6:34am
Quoting Sang.Real
{quote} GU One more attempt for scalping short. SL/TP as per chart. Any comment are welcome for educational purposes. Thanks {image}

GU - Scalping only

Waiting for price to reach target and fill up the Limit Order at NYO.

Any comment welcome for educational purposes

Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: GU 144.jpg Size: 241 KB
  • #577,233
  • Feb 10, 2021 6:35am Feb 10, 2021 6:35am
Quoting gatenio
{quote} short squeeze? LOL.. this is real crap.. FF traders are 0.000000000000000001% of this market..
iam not mean short suqeez by definition, but... nevermind this scenario happen a lot of time if you dont understand you will
patience, patience, patience and after that more patience
  • #577,234
  • Feb 10, 2021 6:36am Feb 10, 2021 6:36am
Quoting MoneyZilla
Honestly speaking? Would highly appreciate any price fall. Just to reload my nearly empty basket... with better buys. However, looking at the way she moves now? It tells me she is not gonna take any prisoners...
wow, your superduppa martingale is still alive?))
  • #577,235
  • Feb 10, 2021 6:38am Feb 10, 2021 6:38am
the drop is here
Attached Image(s) (click to enlarge)
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yes yes yes
  • #577,236
  • Feb 10, 2021 6:39am Feb 10, 2021 6:39am
Quoting vanca
{quote} iam not mean short suqeez by definition, but... nevermind this scenario happen a lot of time if you dont understand you will
ok..

you think it will go up? fine.. maybe..
but short squeeze by definition or not..
CPI and core are important, but the price react for the forecast.. stupid thing imo.
watch last nfp you will understand me.. the big picture was better but the news = red.

money world is more stupid than us

p.s lets say the FF traders are wrong, what if 1.3875 are the SL of 90% of them.. what will happen then?
  • #577,237
  • Feb 10, 2021 6:40am Feb 10, 2021 6:40am
Quoting gatenio
{quote} short squeeze? LOL.. this is real crap.. FF traders are 0.000000000000000001% of this market.. do you know where the avg SL or TP of this guys? no.. dont use it.. the chart tell the whole story
I checked my two brokers...yes, gbp/usd is quite strong short positions... problem for (big) bulls is currently there is no order flow to the top side... so range market until news kicking in and us boys... awful PA today by the way...
  • #577,238
  • Feb 10, 2021 6:42am Feb 10, 2021 6:42am
Quoting Moty
the drop is here {image} {image} {image}
Yes, indeed!
GL, mate!
Multiple Position Trader
  • #577,239
  • Feb 10, 2021 6:45am Feb 10, 2021 6:45am
Eur/Usd ready to drop 15 pips more... so bias for bears on GBP/USD... 1,3830 still holds for bulls and around 1,3835 for bears... i could short me in with profit so my entry is now above my initial entry (1,3535 -> 1,3536)
  • #577,240
  • Feb 10, 2021 6:46am Feb 10, 2021 6:46am
Quoting JackintheBox
{quote} I checked my two brokers...yes, gbp/usd is quite strong short positions... problem for (big) bulls is currently there is no order flow to the top side... so range market until news kicking in and us boys... awful PA today by the way...
so?
im just saying, this widget of buyers and seller is not the reason that price(if) will go up.
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