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Cable Update (GBPUSD)

  • #577,461
  • Feb 11, 2021 6:18am Feb 11, 2021 6:18am
Quoting parshal
{quote} price will eventually hit 1.4
Might even go to 1.5 as this is the top of the Brexit vote north move...
WT
  • #577,462
  • Feb 11, 2021 6:46am Feb 11, 2021 6:46am
Quoting Bartosz77
{quote} Might even go to 1.5 as this is the top of the Brexit vote north move...
maybe can, but in a year
here coms, moty's drop. 1.377-- is the 1st target
  • #577,463
  • Feb 11, 2021 6:52am Feb 11, 2021 6:52am
Quoting KonstantinSt
{quote} maybe can, but in a year here coms, moty's drop. 1.377-- is the 1st target
I think 138 will be the tougher of the psychological areas to crack first
Insane in the Brain..
  • #577,464
  • Edited 7:09am Feb 11, 2021 6:53am | Edited 7:09am
Prepared to exit short position early or at BE if this DXY triangle breaks down- looking dangerous.

Weeell damn. Looking to exit my shorts as this down movement may just be a bull flag..lets see. Advise any shorts who held on after the big drop not to get married to your position and exit if need be.
  • #577,465
  • Feb 11, 2021 6:56am Feb 11, 2021 6:56am
Quoting BeeTogether
{quote} I think 138 will be the tougher of the psychological areas to crack first
it's possible, we will see soon my frend
  • #577,466
  • Feb 11, 2021 7:04am Feb 11, 2021 7:04am
M5 look like it will going down
  • #577,467
  • Feb 11, 2021 7:15am Feb 11, 2021 7:15am
hold on dx
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 46 KB
yes yes yes
  • #577,468
  • Feb 11, 2021 7:16am Feb 11, 2021 7:16am
Quoting Sang.Real
{quote} GU Limit Order filled at London Open. SL in place. Any comment and ideas are welcome. Thank You {image}

GU

Year of the OX, breaking yesterday high.
Attached Image (click to enlarge)
Click to Enlarge Name: GU 149.jpg Size: 253 KB
  • #577,469
  • Edited 7:28am Feb 11, 2021 7:17am | Edited 7:28am
Quoting Sang.Real
{quote} GU Year of the OX, breaking yesterday high. {image}
Yea quite possible- congrats

Unless that was a false break on DXY I think a decent move up is now more likely, unfortunately for bears. Know when to hold 'em know when to fold 'em
  • #577,470
  • Feb 11, 2021 7:17am Feb 11, 2021 7:17am
Quoting Moty
hold on dx {image}
Is this the longest time you have have held a trade?
  • #577,471
  • Feb 11, 2021 7:19am Feb 11, 2021 7:19am
Possible it will down from here
Attached Image (click to enlarge)
Click to Enlarge Name: GU.png Size: 52 KB
  • #577,472
  • Feb 11, 2021 7:25am Feb 11, 2021 7:25am
Quoting Moty
{image}
oh boy, so many people are counting on you
  • #577,473
  • Feb 11, 2021 7:26am Feb 11, 2021 7:26am
Quoting genadi
{quote} oh boy, so many people are counting on you
Noone.
  • #577,474
  • Feb 11, 2021 7:28am Feb 11, 2021 7:28am
Quoting W0lfram
Check your charts on the following dates and before{image}
Meh, nothing concrete.
Attached File(s)
File Type: pdf GDP event.pdf   117 KB | 321 downloads
Air force
  • #577,475
  • Feb 11, 2021 7:35am Feb 11, 2021 7:35am
I have 2 scenarios to play for today...Nothing is carved in the stone.
Attached Image (click to enlarge)
Click to Enlarge Name: GU 02.11.2H.png Size: 86 KB
Always trade your own plan...I don't provide trading signals.
  • #577,476
  • Feb 11, 2021 7:36am Feb 11, 2021 7:36am
Attached Image (click to enlarge)
Click to Enlarge Name: download (4).png Size: 76 KB
Air force
  • #577,477
  • Feb 11, 2021 7:36am Feb 11, 2021 7:36am
Quoting Ehsank78
{quote} Is this the longest time you have have held a trade?
Havent you seen? He either holds trades until they hit his TP or he gets margin called
  • #577,478
  • Edited 8:18am Feb 11, 2021 7:39am | Edited 8:18am
All eyes on 1.3860 area, could still be an M with a 0.618 retrace, triple top, or bullish flag breakout. Looking more likely on the bulls side to me now, 1.3855 might give a last chance for bears to try their luck. 1.3855 is a key fib extension level

Support on DXY at 90.2, and 90.05-90.13

EDIT- HOLD the phone. Looks like just the 0.618 retrace on the M. Gave me a fright!!
Attached Image (click to enlarge)
Click to Enlarge Name: cable.jpg Size: 135 KB
  • #577,479
  • Feb 11, 2021 7:46am Feb 11, 2021 7:46am
Quoting Ehsank78
{quote} Is this the longest time you have have held a trade?
yes .
usually i cut my profit short
and let my loses run.
the reason i am still in this trade is because the big profit last week .
but i am beginning to run out .
i left with 500 $ from the 1200$ equity that i turned from 200$ deposite
come on goldi
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 32 KB
yes yes yes
  • #577,480
  • Feb 11, 2021 7:47am Feb 11, 2021 7:47am
Quoting Coreg2004
I have 2 scenarios to play for today...Nothing is carved in the stone. {image}
I've used your picture to show three repeated patterns that recently occured.
After the 3rd time pattern doesn't show anymore... Will we go all the way back to the bottom of the 1st occurence?

Attached Image (click to enlarge)
Click to Enlarge Name: GU 02.11.2H.png Size: 90 KB
WT
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