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Cable Update (GBPUSD)

  • #578,461
  • Feb 17, 2021 3:21am Feb 17, 2021 3:21am
Hi Guys.
I have entered a sell trade with the pullback towards my daily pivot at 1.39018. I am getting bearish confirmation signals from a 4 hr perspective. S/loss 20 pips and I will lock-in quickly.
Will update later.
Trade safe
Cheers.
Trade to trade another day
  • #578,462
  • Feb 17, 2021 3:22am Feb 17, 2021 3:22am
Quoting SteadyAsItGo
anynone still in long
I'm long
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  • #578,463
  • Feb 17, 2021 3:24am Feb 17, 2021 3:24am
Pound should long to 1.42. Tp could be reached fast
Damage
  • #578,464
  • Feb 17, 2021 3:26am Feb 17, 2021 3:26am
Quoting pipcenturion
{quote} Your theory will most likely fail today. Gold should buy while Pound will sell.
gold have more room to drop
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yes yes yes
  • #578,465
  • Feb 17, 2021 3:28am Feb 17, 2021 3:28am
Quoting pipcenturion
{quote} Your theory will most likely fail today. Gold should buy while Pound will sell.

Recently, gold falls, while Cable rises?
Lets hope you are right. I don't mind...

Gold falls, because they do try to present the BTC as the new "gold"... Both precious, are being mined.
Maadik Hugiis. IQ 69.
  • #578,466
  • Feb 17, 2021 3:29am Feb 17, 2021 3:29am
Quoting pipcenturion
{quote} Your theory will most likely fail today. Gold should buy while Pound will sell.
Agree, seems like correlation Coefficient (10) going to "Inverse Correlation"
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Air force
  • #578,467
  • Feb 17, 2021 3:32am Feb 17, 2021 3:32am
This.....let's see what happens.
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Lost....
  • #578,468
  • Feb 17, 2021 3:34am Feb 17, 2021 3:34am
Quoting gespiri
This.....let's see what happens. {image}

Hi Gespiri.


You're SHORTING ?

Where do you normally place the SL ?.

Thank You
  • #578,469
  • Feb 17, 2021 3:37am Feb 17, 2021 3:37am
Quoting ChiForex
The bounce came from just above daily support 1.3860s, now resistance is back again @1.3900s to add shorts if reaches there... Weekly/Monthly is waaaay in bears favor for a retrace...
Fake breakout above 1.3900s in yesterday late hours then correction came again to fall below there and today tested that area and fell again..now focus on breaking 1.3860s is to target 1.3820s, a base below is good news on monthly toward weekly down targets.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #578,470
  • Feb 17, 2021 3:37am Feb 17, 2021 3:37am
Quoting abconqq7
Pound should long to 1.42. Tp could be reached fast
any reason or just a hunch ?
  • #578,471
  • Feb 17, 2021 3:37am Feb 17, 2021 3:37am
Quoting Sang.Real
{quote} Hi Gespiri. You're SHORTING ? Where do you normally place the SL ?. Thank You
Wassalam

Hi cutie
  • #578,472
  • Feb 17, 2021 3:38am Feb 17, 2021 3:38am
The Price Could Make Or Break Here.

I Have Long Targets Short For The First Time HAHA.

I Mean I have a small Long Target for the First Time.

HAHA

Attached Image (click to enlarge)
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See You
  • #578,473
  • Feb 17, 2021 3:41am Feb 17, 2021 3:41am
Quoting Sang.Real
{quote} Hi Gespiri. You're SHORTING ? Where do you normally place the SL ?. Thank You
I'm both.
TP on my long is at 1.3920 - 1.3927 (if it gets there) SL at 1.3860
TP on shorts is all the way down to 1.380
Lost....
  • #578,474
  • Feb 17, 2021 3:41am Feb 17, 2021 3:41am
if GU bounce back then could be Wednesday ranging until US open
  • #578,475
  • Feb 17, 2021 3:44am Feb 17, 2021 3:44am
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yes yes yes
  • #578,476
  • Feb 17, 2021 3:57am Feb 17, 2021 3:57am
In my view 1.38700 need to be completely deaf-ted to be in the bear zone
  • #578,477
  • Feb 17, 2021 3:57am Feb 17, 2021 3:57am
Anyone's IG platform down again? I guess they're losing money again and need to stop people trading.
  • #578,478
  • Feb 17, 2021 3:58am Feb 17, 2021 3:58am
Quoting mysterio
Anyone's IG platform down again? I guess they're losing money again and need to stop people trading.
my IG ok
  • #578,479
  • Feb 17, 2021 3:59am Feb 17, 2021 3:59am
Any one quite understood about the bond and the yield
  • #578,480
  • Feb 17, 2021 4:11am Feb 17, 2021 4:11am
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