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Cable Update (GBPUSD)

  • #579,121
  • Feb 18, 2021 9:45pm Feb 18, 2021 9:45pm
Quoting SteadyAsItGo
Gu is moving
IMO, bull wasn't satisfied by yesterday high, almost chart in all TF show bullish, may continue bullish till 1.402-1.403 maybe. Just newbie opinion. Keep green pips
Everything is possible but not guaranteed
  • #579,122
  • Feb 18, 2021 9:47pm Feb 18, 2021 9:47pm
Quoting Moty
i knew this is the right move from yesterday . but i stayed. floating loss got bigger , 100 $ , 200$ , even got to 500 $ in a 900 $ account . but my pride didn't allow me to admit that i got it wrong this time. so i closed my trade with 400 $ loss , and got into the right direction to win 200 $ better then losing it all {image} {image} {image}


It’s better to give few pips to market back, than to lose much more, while waiting and gambling.

Market is always changing, what worked yesterday can fail tomorrow.

May today bring you better pips return and stay green

All the best Moty.

Sincerely

Sang REal
  • #579,123
  • Feb 18, 2021 9:48pm Feb 18, 2021 9:48pm
Quoting Moty
i knew this is the right move from yesterday . but i stayed. floating loss got bigger , 100 $ , 200$ , even got to 500 $ in a 900 $ account . but my pride didn't allow me to admit that i got it wrong this time. so i closed my trade with 400 $ loss , and got into the right direction to win 200 $ better then losing it all {image} {image}
careful mate buy that high. i think better you wait for short.

i see bearish divergence in H4 TF and it's forming second level.
i think the power is strong enough to make it drop fast when the time is arrived.

i think that MM would not make it up to 1.4 today. it's my expectation.
  • #579,124
  • Feb 18, 2021 10:08pm Feb 18, 2021 10:08pm
The higher timeframes are all Bull. This I call the big boys or smart money. When it breaks the previous high 1.3979. I will first target 1.3986 and then of course next target will be 1.400
Don't trade what you think. Just what you see!!!
  • #579,125
  • Feb 18, 2021 10:11pm Feb 18, 2021 10:11pm
for today, more bears are looking at the divergence on 4h. but what if that fails?
we are in uptrend and open target, so being long and having tight sl would be a better choice.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 32 KB
  • #579,126
  • Feb 18, 2021 10:14pm Feb 18, 2021 10:14pm
GU and Dollar Index
But not forget
GBP USD JPY (GU, UY and GY)
so fundementally who dumps who; who gains who
  • #579,127
  • Feb 18, 2021 10:14pm Feb 18, 2021 10:14pm
and also Smart Money and Risk Appetite
  • #579,128
  • Feb 18, 2021 10:15pm Feb 18, 2021 10:15pm
Quoting Theoak
The higher timeframes are all Bull. This I call the big boys or smart money. When it breaks the previous high 1.3979. I will first target 1.3986 and then of course next target will be 1.400
how is 1.3979 previous high? Didn't it reach 1.3985 yesterday?
  • #579,129
  • Feb 18, 2021 10:15pm Feb 18, 2021 10:15pm
opps and
risk aversion
  • #579,130
  • Feb 18, 2021 10:16pm Feb 18, 2021 10:16pm
and of course technical
now EMA
  • #579,131
  • Feb 18, 2021 10:19pm Feb 18, 2021 10:19pm
momentum too strong but like you said be careful because once momentum loose
hahhhh 200 pips easy GU go down
  • #579,132
  • Feb 18, 2021 10:20pm Feb 18, 2021 10:20pm
Quoting Theoak
The higher timeframes are all Bull. This I call the big boys or smart money. When it breaks the previous high 1.3979. I will first target 1.3986 and then of course next target will be 1.400
Long in at 1.3974 and 77 target 1.3986
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2021-02-19 061828.png Size: 38 KB
Don't trade what you think. Just what you see!!!
  • #579,133
  • Feb 18, 2021 10:21pm Feb 18, 2021 10:21pm
Quoting SteadyAsItGo
momentum too strong but like you said be careful because once momentum loose hahhhh 200 pips easy GU go down
Sellers is crying , moty is smart that jump off from the sell boat. I also already give hint to buy the dips but seems you guys like to sell and sell. Could see 1.41 today
Damage
  • #579,134
  • Feb 18, 2021 10:23pm Feb 18, 2021 10:23pm
one strategy put smaller first and then add also smaller
if 1.0 inside leverage (divide by 5)
  • #579,135
  • Feb 18, 2021 10:24pm Feb 18, 2021 10:24pm
Quoting abconqq7
{quote} Sellers is crying , moty is smart that jump off from the sell boat. I also already give hint to buy the dips but seems you guys like to sell and sell. Could see 1.41 today
we'll see which one is true.

i don't think so reach 1.41 today. also GJ almost reach 148.00 which is big fortress to pass that.
  • #579,136
  • Feb 18, 2021 10:25pm Feb 18, 2021 10:25pm
im placing smaller
who knows it go past 1.4
Attached Image
  • #579,137
  • Feb 18, 2021 10:25pm Feb 18, 2021 10:25pm
Quoting hans91
{quote} careful mate buy that high. i think better you wait for short. i see bearish divergence in H4 TF and it's forming second level. i think the power is strong enough to make it drop fast when the time is arrived. i think that MM would not make it up to 1.4 today. it's my expectation.
no my friend .
the high was 2.11000 in 2007
i just going with the trend , price is above daily pivot , daily open , price broke up last fractal , and about
to break y's high
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 16 KB
yes yes yes
  • #579,138
  • Feb 18, 2021 10:27pm Feb 18, 2021 10:27pm
will add when it go up
eventually it will go down before further down up go north back
  • #579,139
  • Feb 18, 2021 10:29pm Feb 18, 2021 10:29pm
Quoting SteadyAsItGo
will add when it go up eventually it will go down before further down up go north back

So Bro.

you have sell and buy position at the same time.

Wow.....

How do you mange that. ?

Please enlighten me , Newbie.

Thank You
  • #579,140
  • Feb 18, 2021 10:30pm Feb 18, 2021 10:30pm
Quoting Moty
{quote} no my friend . the high was 2.11000 in 2007 i just going with the trend , price is above daily pivot , daily open , price broke up last fractal , and about to break y's high {image}
What is your tp brother?
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