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Cable Update (GBPUSD)

  • #578,501
  • Feb 17, 2021 5:13am Feb 17, 2021 5:13am
Quoting gettoefl
she knows where she going before you know what time it is {image}
and where is it?
  • #578,502
  • Feb 17, 2021 5:16am Feb 17, 2021 5:16am
Quoting gatenio
{quote} and where is it?
future square still to be drawn...
If you don't know how to earn money, don't loose it.
  • #578,503
  • Feb 17, 2021 5:17am Feb 17, 2021 5:17am
Quoting PopeyeEA
I will buy GU again at 1.3815
3815 = 50% of the 3680-3951 move.
--------------------------------------------

The current pullback from 3951 - today's current dly lo looks pretty similar in size to the last one, ie 3866-3775. 4hr below. That 4hr/dly asc t/line joining 3566 with 3775 is breached now to the downside. This current dly lo looks vulnerable to a downside break deeper into this prev sw hi zone that started @ 3866 = pot rbs, (or south of it?) Time will tell.
Attached Image
Trader with an Edge.
  • #578,504
  • Feb 17, 2021 5:19am Feb 17, 2021 5:19am
Quoting gatenio
{quote} lets see pound break that..{image} also 1h showing AB=CD on 1.385 on the point, im going to buy it..{image}

LOVE U MAN
  • #578,505
  • Feb 17, 2021 5:22am Feb 17, 2021 5:22am
Quoting greengp
Today my son is with me and i am in good mood
Is your son for the bears or the bulls?
  • #578,506
  • Feb 17, 2021 5:29am Feb 17, 2021 5:29am
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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yes yes yes
  • #578,507
  • Feb 17, 2021 5:29am Feb 17, 2021 5:29am
Maybe something like this. Not a trade recommendation just to watch out for
Attached Image (click to enlarge)
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  • #578,508
  • Feb 17, 2021 5:31am Feb 17, 2021 5:31am
I know it is money but i need higher low / lower high and etc for me to get that picture
  • #578,509
  • Feb 17, 2021 5:38am Feb 17, 2021 5:38am
Quoting Headland
G/M, downside follow thru so far after yesterday's sub 30day adr Daily doji candle...testing the current dly lo now @ the bottom of a prev 1hr/4hr sw lo zone = prev supp = pot supp, this co-existant with the prev 1hr/4hr/dly sw hi zone that started @ 3866 = prev res = pot (potential) rbs. 3 x fib cluster between 3863-57, & Dly S1 @ 3863. This potential rbs zone starting @ 3866 could extend to circa 3837 on the dly. 3847 and 3842 are 2 more fibs in it. 1hr is below. {image}
Quoting PopeyeEA
If you see monthly range at around 1.393-1.1395 {image}
This my prediction range before.
I always trust my trade.
I also won't use FULL MARGIN ON THAT!
THE WISE TRADER IS ALWAYS KNOWN HOW TO HANDLE HIS MM!!
Attached Image
  • #578,510
  • Feb 17, 2021 5:46am Feb 17, 2021 5:46am
1.3855 is also a major support, but the lack of volume in this pierce says to me that will be cracked down.
let's see.
Attached Image (click to enlarge)
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If you don't know how to earn money, don't loose it.
  • #578,511
  • Feb 17, 2021 5:49am Feb 17, 2021 5:49am
Too bad i close my short too early... Happy peeping to all.. if this trend continue it would be heavy downtrend probably
end of the month, u r already a winner
  • #578,512
  • Feb 17, 2021 5:52am Feb 17, 2021 5:52am
Quoting mysterio
Maybe something like this. Not a trade recommendation just to watch out for {image}
IMO, This is very much possible.
Fools Rushing
  • #578,513
  • Feb 17, 2021 5:53am Feb 17, 2021 5:53am
Quoting coolmakina
{quote} future square still to be drawn...
if you want the answers without looking, ask google she is sometimes right
twitter: @gettoefl
  • #578,514
  • Feb 17, 2021 5:53am Feb 17, 2021 5:53am
Quoting Sang.Real
GU Scalping short. Trying newbie luck. {image}

GU

Coming up to target.

Should I move the target to lower prices ?

Should I leave it there ?



Any view welcome for educational purposes.

Thank you.
Attached Image (click to enlarge)
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  • #578,515
  • Feb 17, 2021 6:00am Feb 17, 2021 6:00am
Quoting gettoefl
{quote} if you want the answers without looking, ask google she is sometimes right
i just said that your box is complete. besides your aqua line no other projection.
take not as criticism, i had my share with Gann in that past, nowadays i can't even remember how to set the box.

just keep posting.
i confess i haven't follow your posts recently, you are in my subscription list, that might already say something...
stay cool.
one of this days i might have another look into gann box.
If you don't know how to earn money, don't loose it.
  • #578,516
  • Edited 6:23am Feb 17, 2021 6:04am | Edited 6:23am
Alternative scenario.. that or I just take my 20 pips and stop trying to pretend I know where it's going haha

NOTE, it is very likely we are gap filling at 90.94 on dxy. Usually when price makes a beeline like this its on its way to gap fill. I would consider that before going long right here.

ALSO look out for dxy price reacting around 90.93/94. IMO it has the potential to resist.
Attached Image(s) (click to enlarge)
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  • #578,517
  • Feb 17, 2021 6:05am Feb 17, 2021 6:05am
Quoting coolmakina
{quote} i just said that your box is complete. besides your aqua line no other projection. take not as criticism, i had my share with Gann in that past, nowadays i can't even remember how to set the box. just keep posting. i confess i haven't follow your posts recently, you are in my subscription list, that might already say something... stay cool. one of this days i might have another look into gann box.
it is all cool my friend, i just try to prompt people's curiosity to explore and investigate things they are unfamiliar with ... to be honest i not sure where next but if i know the precise past move, i see the cycles and its intent and it gives projections a better chance ... have a solid 1.3 forecast for july 1st but may need to adjust due to the bullish moves
twitter: @gettoefl
  • #578,518
  • Feb 17, 2021 6:06am Feb 17, 2021 6:06am
Quoting Sang.Real
{quote} GU Coming up to target. Should I move the target to lower prices ? Should I leave it there ? Any view welcome for educational purposes. Thank you. {image}
you know better.
if i was in your shoes?
i woul move that SL to 1.38702 (+spread), and let it run.
but is your money, trade your plan.
stay cool.
If you don't know how to earn money, don't loose it.
  • #578,519
  • Feb 17, 2021 6:07am Feb 17, 2021 6:07am
Quoting Sang.Real
{quote} GU Coming up to target. Should I move the target to lower prices ? Should I leave it there ? Any view welcome for educational purposes. Thank you. {image}
You seem pretty sure that your targets will be hit lol ! - they are deeper into this prev 1hr/4hr/dly sw (swing) hi zone that began @ 3866 = prev res = pot (potential) rbs so bears will have to be strong to reach them as it is an obvious buying area....That said, price has been falling since 3951 and crucially that big bullish engulfing 1hr thrust candle yesterday has been breached to the downside so the intraday picture at least is looking bearish. I think there is a fair chance they will be hit, and if price breaks through this pot rbs zone down to circa 3837 on daily, it could test lower. I would certainly move the stop in, if not to B/e unless you are convinced this is the start of the much talked about bigger correction, after such a bull run. If you are it is better where it is.
Trader with an Edge.
  • #578,520
  • Feb 17, 2021 6:10am Feb 17, 2021 6:10am
Quoting coolmakina
{quote} you know better. if i was in your shoes? i woul move that SL to 1.38702 (+spread), and let it run. but is your money, trade your plan. stay cool.

Thanks CoolMakina.

You're always very helpful to Newbie.

I appreciate your comment and view to improve my trading.

I think, the best now is to close the trade and find another set up @ NYO.

Keep up the good work Bro.

May the Green Pip with you.

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