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Cable Update (GBPUSD)

  • #578,201
  • Feb 16, 2021 2:51am Feb 16, 2021 2:51am
We might be seeing bullish engulfing H1 close, for trend continuation
  • #578,202
  • Feb 16, 2021 2:52am Feb 16, 2021 2:52am
A rapid view on Strength & Momentum Currencies: GBP is increasing its momentum, strength is UP.....
Attached Image
  • #578,203
  • Feb 16, 2021 2:52am Feb 16, 2021 2:52am
Quoting Theoak
long in at 1.3928 added at 1.3924 target 5 pips {image}
OUT
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2021-02-16 085233.png Size: 34 KB
Don't trade what you think. Just what you see!!!
  • #578,204
  • Feb 16, 2021 2:59am Feb 16, 2021 2:59am
Quoting Theoak
{quote} OUT {image}
now it will rocket lol !
Trader with an Edge.
  • #578,205
  • Feb 16, 2021 3:07am Feb 16, 2021 3:07am
Switched to long
Attached Image (click to enlarge)
Click to Enlarge Name: CamScanner 02-16-2021 11.06_1.jpg Size: 112 KB
yes yes yes
  • #578,206
  • Feb 16, 2021 3:09am Feb 16, 2021 3:09am
Quoting Headland
{quote} now it will rocket lol !
Not quite sure which way at the moment. Just done a few short term momentum plays this morning, but on the higher timeframes it looks all bull!
Don't trade what you think. Just what you see!!!
  • #578,207
  • Feb 16, 2021 3:13am Feb 16, 2021 3:13am
Bulls in action
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 14 KB
  • #578,208
  • Feb 16, 2021 3:18am Feb 16, 2021 3:18am
Quoting Moty
Switched to long {image}
H1 divergence.
  • #578,209
  • Feb 16, 2021 3:20am Feb 16, 2021 3:20am
Quoting Tim_isoara
{quote} H1 divergence.
it worked very fine to start pullback ended at .3706 , now is not more valid IMHO (i'm not a Divergence Trader )
  • #578,210
  • Edited 12:37pm Feb 16, 2021 3:32am | Edited 12:37pm
  • #578,211
  • Feb 16, 2021 3:32am Feb 16, 2021 3:32am
2 days already, not even have short signal, maybe NY session or maybe not (wait and see)
Attached Image (click to enlarge)
Click to Enlarge Name: GU.png Size: 35 KB
  • #578,212
  • Feb 16, 2021 3:34am Feb 16, 2021 3:34am
what just happened?
  • #578,213
  • Edited 12:37pm Feb 16, 2021 3:36am | Edited 12:37pm
  • #578,214
  • Feb 16, 2021 3:38am Feb 16, 2021 3:38am
so important level for London
1.3940
1.3910
  • #578,215
  • Feb 16, 2021 3:41am Feb 16, 2021 3:41am
I went short expecting a tp of 50 pips
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd 16-02-21.png Size: 84 KB
  • #578,216
  • Feb 16, 2021 3:41am Feb 16, 2021 3:41am
Quoting Ehsank78
what just happened?
Someone earned just a ferrari... see 1 minute candle pop up 90 minutes ago? That stuff was unwinded, almost same amount. Someone used the bullish guys to dump his/her shit on them. Smart guy/woman. Short is highly overdue.
  • #578,217
  • Feb 16, 2021 3:42am Feb 16, 2021 3:42am
monday holiday
today asian session CNY holiday

so now London and US GU might react in different way
  • #578,218
  • Feb 16, 2021 3:42am Feb 16, 2021 3:42am
I guess its all puzzled..No indicators or analysis somehow working.
So I go to my feelings.. 1.4 is a psychological number and I see that it will be very hard to reach 1.4. It shouldn't be a surprise if the there is a down of roughly 200 pips in next days.
My observation may be wrong but intent correct. Stay calm!
  • #578,219
  • Feb 16, 2021 3:45am Feb 16, 2021 3:45am
Quoting JackintheBox
{quote} Someone earned just a ferrari... see 1 minute candle pop up 90 minutes ago? That stuff was unwinded, almost same amount. Someone used the bullish guys to dump his/her shit on them. Smart guy/woman. Short is highly overdue.
thankfully I recovered some loss
  • #578,220
  • Feb 16, 2021 3:46am Feb 16, 2021 3:46am
not the closure I expected but aiming 161.8 RR 12:1
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Click to Enlarge Name: cf37f7b91dc207c3a115ac604a3f6ce0.png Size: 43 KB
patience, patience, patience and after that more patience
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