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Cable Update (GBPUSD)

  • #577,241
  • Feb 10, 2021 6:47am Feb 10, 2021 6:47am
Quoting Moty
the drop is here {image} {image} {image}
Never say die, Moty, the Moty! Not even the "crooks" as you call them can defeat you!
  • #577,242
  • Feb 10, 2021 6:48am Feb 10, 2021 6:48am
Quoting gatenio
{quote} 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
I think i can get better rr with buy then short... lot of you are praying for bears dont pray, read a PA and trade with that. for me are still strong strong bull trend, maybe some correction, but look how choopy bears are, they dont have any strength.
patience, patience, patience and after that more patience
  • #577,243
  • Edited 7:02am Feb 10, 2021 6:50am | Edited 7:02am
Quoting Glorybound
{quote} Never say die, Moty, the Moty! Not even the "crooks" as you call them can defeat you!
eu , be in the making
Attached Image (click to enlarge)
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false break , how ugly
Attached Image (click to enlarge)
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yes yes yes
  • #577,244
  • Feb 10, 2021 6:54am Feb 10, 2021 6:54am
Quoting Marbas
{quote} wow, your superduppa martingale is still alive?))

Surprise, surprise.
Look at the the closure lines? Lot size is print there, at the time of target reaching?
Maadik Hugiis. IQ 69.
  • #577,245
  • Feb 10, 2021 6:57am Feb 10, 2021 6:57am
Attached Image (click to enlarge)
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IMHO, we are going down. My TP 1.3740 and SL is at 13856 as a previous high.
Let's see.
Multiple Position Trader
  • #577,246
  • Feb 10, 2021 6:58am Feb 10, 2021 6:58am
2H candle PA is not good for Buyers . Good Luck
Attached Image (click to enlarge)
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  • #577,247
  • Feb 10, 2021 7:01am Feb 10, 2021 7:01am
GU trying to keep basing above said 1.3820s first monthly resistance turned support now to target main monthly goal at 1.3900s
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #577,248
  • Feb 10, 2021 7:05am Feb 10, 2021 7:05am
Quoting Moty
{quote} eu , be in the making{image} false break , how ugly {image}
Down side Ride start brother
  • #577,249
  • Feb 10, 2021 7:09am Feb 10, 2021 7:09am
GU is out of the 3 week consolidation box and nicely angled move up, almost 300pips with no meaningful retrace.

My take is that there will be at least 40-50 pips retrace shortly as PA is banging against 100FE line and USD is attempting to get out of slump. But its safer to watch the show unroll without positions.

Attached Image (click to enlarge)
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Watch the NY PA and trade safe.
  • #577,250
  • Feb 10, 2021 7:09am Feb 10, 2021 7:09am
10 and 15 mins bull'S ready but hourly base no chance for bull's now. Sideways for 20 more mins... shorting myself into profit... not easy (again) today
  • #577,251
  • Edited 7:28am Feb 10, 2021 7:14am | Edited 7:28am
Continuing to hold short but I'm sceptical, I think low inflation and a pop up on cable may be on the cards. Euro just setting up for a pop up, and everyone is expecting a drop on these two pairs. Hope im wrong. Tough couple of days on this pair
  • #577,252
  • Edited 7:53am Feb 10, 2021 7:20am | Edited 7:53am
Quoting vanca
high possibility for short squeeze when news hit {image}
Where did you get this ratio?
  • #577,253
  • Feb 10, 2021 7:23am Feb 10, 2021 7:23am
i had a feeling before , that price will stop there
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 17 KB
yes yes yes
  • #577,254
  • Feb 10, 2021 7:23am Feb 10, 2021 7:23am
Quoting mysterio
Continuing to hold short but I'm sceptical, I think low inflation and a pop up on cable may be on the cards. Euro just setting up for a pop up, and everyone is expecting a drop on these two pairs. Tough couple of days on this pair
I agree... however I don’t see cable having the fuel to go higher up today. Although the longer it takes to drop the smaller retrace it could be
Insane in the Brain..
  • #577,255
  • Feb 10, 2021 7:28am Feb 10, 2021 7:28am
Quoting Moty
i had a feeling before , that price will stop there {image}
Am getting set to squeeze your shorts
  • #577,256
  • Feb 10, 2021 7:29am Feb 10, 2021 7:29am
Quoting Moty
i had a feeling before , that price will stop there {image}
"Feelings" didn't Nina Simone sing that
  • #577,257
  • Feb 10, 2021 7:30am Feb 10, 2021 7:30am
This is an impulse wave as it is the third wave of the whole movement

The first 2 upswings 123-123 the last one only has a 1-2 so possibly another push up before a larger degree correction


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Follow The Markets Structure - Patience and Discipline
  • #577,258
  • Feb 10, 2021 7:37am Feb 10, 2021 7:37am
Added another short 13848
Insane in the Brain..
  • #577,259
  • Feb 10, 2021 7:40am Feb 10, 2021 7:40am
Quoting pipfarm
This is an impulse wave as it is the third wave of the whole movement The first 2 upswings 123-123 the last one only has a 1-2 so possibly another push up before a larger degree correction {image} {image}

Classic, you can see i took the first screen cap just before it started to push up again


My word of advice to you all, STOP TRYING TO PICK THE TOPS AND BOTTOMS
Follow The Markets Structure - Patience and Discipline
  • #577,260
  • Feb 10, 2021 7:40am Feb 10, 2021 7:40am
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