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Cable Update (GBPUSD)

  • #578,861
  • Feb 18, 2021 5:13am Feb 18, 2021 5:13am
Slowly it's getting rediculous again... what a faking again. I wonder when that ends. No correction, nothing. I hope that is not getting normal status 2021 because that will end volatility.

I mean, just wait for a 5 pips pullback and buy. Are you serious??
  • #578,862
  • Feb 18, 2021 5:16am Feb 18, 2021 5:16am
target 1.40 - end of the day or tomorrow morning.
Attached Image (click to enlarge)
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  • #578,863
  • Feb 18, 2021 5:17am Feb 18, 2021 5:17am
Quoting JackintheBox
Slowly it's getting rediculous again... what a faking again. I wonder when that ends. No correction, nothing. I hope that is not getting normal status 2021 because that will end volatility. I mean, just wait for a 5 pips pullback and buy. Are you serious??
it's just pure crazy.
Fools Rushing
  • #578,864
  • Feb 18, 2021 5:17am Feb 18, 2021 5:17am
closed and reverse.
"not advice".
this is scalp against trend m15.
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If you don't know how to earn money, don't loose it.
  • #578,865
  • Feb 18, 2021 5:19am Feb 18, 2021 5:19am
enough is enough
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yes yes yes
  • #578,866
  • Feb 18, 2021 5:19am Feb 18, 2021 5:19am
Quoting JackintheBox
Slowly it's getting rediculous again... what a faking again. I wonder when that ends. No correction, nothing. I hope that is not getting normal status 2021 because that will end volatility. I mean, just wait for a 5 pips pullback and buy. Are you serious??
this is normal
patience, patience, patience and after that more patience
  • #578,867
  • Feb 18, 2021 5:21am Feb 18, 2021 5:21am
... like the 15min, 30min and 1hr before it an upside follow thru on that last closed 4hr bullish thrust candle posted earlier, and finally a > 30day adr day now @ 107% - probably more to do with 30day adr only being 93 at the moment. Prev 1hr sw hi @ the current dly hi...now well into the dly part of the prev 1hr/4hr/dly sw hi to 3951.

1hr below.
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Attached Image
Trader with an Edge.
  • #578,868
  • Feb 18, 2021 5:24am Feb 18, 2021 5:24am
Quoting vanca
{quote} this is normal
"normal" is relative. If you watch the last days, yes. If you take trading seriously and make your homework you can see a hell of weird coincidences happening. That GBP/USD is crying on daily basis on shorts like hell. I really wonder who is involved this time to push the market that crazy. Must be also ECB still rebuying GBP. That makes my really angry.
  • #578,869
  • Edited 5:39am Feb 18, 2021 5:24am | Edited 5:39am
Quoting coolmakina
closed and reverse. "not advice". this is scalp against trend m15. {image}
Can I ask how you're calculating your pivots, I have completely different levels. I have us at R2 currently

Also seeing this as normal cable behaviour fairly predictable. Bull trend, correction/bull flag, breakout, trend resumption. I am surprised by the magnitude of the breakout I would have expected some retracement by now but its not unheard of on this pair. I would expect some retracement now befpre we create a new high but 1.40 is surely not long away

There was even a bullish chart pattern to tell you this move was about to happen (bull flag)
  • #578,870
  • Feb 18, 2021 5:27am Feb 18, 2021 5:27am
very soon daily high is going to break to confirm uptrend intact
Intraday only.
  • #578,871
  • Feb 18, 2021 5:28am Feb 18, 2021 5:28am
Quoting gatenio
{quote} i think it will drop slowwwwwly slooowwwly till 1.3885 area before another fly.. it can go to 1.395 today as well be careful from scammers around here..
the only short i can see now is for 20 pips. but super risky. everything is pointing up and looks like is on steroids. i wont dare to short it. im in until 1.40....not big technical resistance there....only phsycological.....
Twitter: Rummer_grapes
  • #578,872
  • Feb 18, 2021 5:28am Feb 18, 2021 5:28am
Quoting JackintheBox
{quote} "normal" is relative. If you watch the last days, yes. If you take trading seriously and make your homework you can see a hell of weird coincidences happening. That GBP/USD is crying on daily basis on shorts like hell. I really wonder who is involved this time to push the market that crazy. Must be also ECB still rebuying GBP. That makes my really angry.
When it did not appeared in your forecast, you think it is weird or manipulation. I found most traders in Ff like trading against trend
Damage
  • #578,873
  • Feb 18, 2021 5:29am Feb 18, 2021 5:29am
Quoting JackintheBox
{quote} "normal" is relative. If you watch the last days, yes. If you take trading seriously and make your homework you can see a hell of weird coincidences happening. That GBP/USD is crying on daily basis on shorts like hell. I really wonder who is involved this time to push the market that crazy. Must be also ECB still rebuying GBP. That makes my really angry.
Angry? ... you have become emotionally involved with something that doesn't even know you exist, let alone mean you any harm ! The market is never wrong, but it is going against your pre-conceived expectation and/or analysis. It is your expectation and/or analysis that is wrong. Let go of expectations and trade what you see not what you think should be happening.
Trader with an Edge.
  • #578,874
  • Feb 18, 2021 5:30am Feb 18, 2021 5:30am
You know sth. is wrong on a day when you 1 minute chart have problems to be read accurately because the market went so crazy...
  • #578,875
  • Feb 18, 2021 5:30am Feb 18, 2021 5:30am
Quoting Bacco
{quote} the only short i can see now is for 20 pips. but super risky. everything is pointing up and looks like is on steroids. i wont dare to short it. im in until 1.40....not big technical resistance there....only phsycological.....
Agree, just my view brother.
  • #578,876
  • Feb 18, 2021 5:31am Feb 18, 2021 5:31am
Quoting Moty
enough is enough {image}
not happening it seems
Insane in the Brain..
  • #578,877
  • Feb 18, 2021 5:32am Feb 18, 2021 5:32am
Quoting navk
very soon daily high is going to break to confirm uptrend intact
Where do you expect it could reverse
  • #578,878
  • Feb 18, 2021 5:33am Feb 18, 2021 5:33am
Quoting mysterio
{quote} Can I ask how you're calculating your pivots, I have completely different levels. I have us at R2 currently Also seeing this as normal cable behaviour fairly predictable. Bull trend, correction/bull flag, breakout, trend resumption. I am surprised by the magnitude of the breakout I would have expected some retracement by now but its not unheard of on this pair. I would expect some retracement now befpre we create a new high but 1.40 is surely not long away
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If you don't know how to earn money, don't loose it.
  • #578,879
  • Feb 18, 2021 5:34am Feb 18, 2021 5:34am
Quoting Moty
enough is enough {image}
I see the previous high being retested on the 1 hr, so if you had buy entries take some profits here or move your stops to BE or higher.
The last two 4 hr candles are very bullish so expect price to make attempts to establish new highs today to 1.398 - 1.4 area.

I would only look for buys today. 1.4 is close.
  • #578,880
  • Feb 18, 2021 5:34am Feb 18, 2021 5:34am
Quoting JackintheBox
{quote} "normal" is relative. If you watch the last days, yes. If you take trading seriously and make your homework you can see a hell of weird coincidences happening. That GBP/USD is crying on daily basis on shorts like hell. I really wonder who is involved this time to push the market that crazy. Must be also ECB still rebuying GBP. That makes my really angry.
just follow the trend sir and you will make a lot of profit
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