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Cable Update (GBPUSD)

  • #579,681
  • Feb 22, 2021 8:27am Feb 22, 2021 8:27am
Last chance to close shorts
  • #579,682
  • Feb 22, 2021 8:39am Feb 22, 2021 8:39am
IMO, there's no power of bear to bring it down today. I could be wrong.
Everything is possible but not guaranteed
  • #579,683
  • Feb 22, 2021 8:45am Feb 22, 2021 8:45am
Quoting ZTrader123
Last chance to close shorts
what do you mean?
  • #579,684
  • Feb 22, 2021 8:53am Feb 22, 2021 8:53am
Re: the gilts chart I posted last week. Missed the bottom slightly but my projected target got hit (previous support), that's why I went long cable after that accumulation on the 5m

However if we dont break 1.4045 and make a double top it doesn't look great
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  • #579,685
  • Feb 22, 2021 8:53am Feb 22, 2021 8:53am
Quoting Passenger12
IMO, there's no power of bear to bring it down today. I could be wrong.
higher chance it will settle above 1.4050
because keep spking up
down just ease only took profit
  • #579,686
  • Feb 22, 2021 8:53am Feb 22, 2021 8:53am
Quoting genadi
{quote} what do you mean?
Im just saying according to my trading system price has a good chance of going up

BUT

Always make decisions based off your own trading system, I just like pokin fun
  • #579,687
  • Feb 22, 2021 8:57am Feb 22, 2021 8:57am
Quoting navk
{quote} this is valid stop loss
navk is that a good place to short?
A trader is as good as his stop loss. Understand your mistakes.
  • #579,688
  • Feb 22, 2021 8:59am Feb 22, 2021 8:59am
Quoting Bartosz77
Target for today: A/ 1.40630 B/ Retrace to 1.40450 C/ Up to 1.40540
32 minutes left for the price to go up
WT
  • #579,689
  • Feb 22, 2021 9:00am Feb 22, 2021 9:00am
Quoting Bartosz77
{quote} 32 minutes left for the price to go up
What are your targets based on Bartosz? Why time related?
  • #579,690
  • Feb 22, 2021 9:02am Feb 22, 2021 9:02am
...back @ desk updating charts. 2 x 'knocks at the door' - each @ a higher point and bounces down from this prev 1hr/4hr sw hi zone=prev res=pot res to today's 4052 current dly hi - and here price is again... 1hr hanging man candle close?

1hr below.
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Trader with an Edge.
  • #579,691
  • Feb 22, 2021 9:04am Feb 22, 2021 9:04am
Quoting Moty
{image}{image}
That hammer was not forged by the dwarfs of Asgard.
  • #579,692
  • Feb 22, 2021 9:05am Feb 22, 2021 9:05am
Quoting Student21
{quote} navk is that a good place to short?
one can short in the last 4 hr candle,

IMO
Intraday only.
  • #579,693
  • Feb 22, 2021 9:07am Feb 22, 2021 9:07am
Because I feel eventually 4050 will clearly break to go up by 20 pips.

Or bit more.

That can be shorted for today { today only )
Intraday only.
  • #579,694
  • Feb 22, 2021 9:08am Feb 22, 2021 9:08am
struggling 1.40478
  • #579,695
  • Feb 22, 2021 9:14am Feb 22, 2021 9:14am
nice

grap profit
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  • #579,696
  • Feb 22, 2021 9:15am Feb 22, 2021 9:15am
And we over
Insane in the Brain..
  • #579,697
  • Feb 22, 2021 9:15am Feb 22, 2021 9:15am
Quoting mysterio
Looks like its setting up to pop, i'm getting ready to buy as long as it doesn't drop down to 1.40 In long at 1.4025 TP open Lets break the high. DXY sinking too, this could really fly. Euro also gonna hit 1.22 soon Edit-stop to BE Edit again- I did move my stop a bit to cope with the retrace so still in, but stop to BE again so if it pulls back i'm out.
Out +45, 4.5XR

110 pips on cable today

Note we are touching a fresh 4hr supply zone, this COULD make a very nice short its a bit risky for me though
  • #579,698
  • Feb 22, 2021 9:15am Feb 22, 2021 9:15am
short 4070 for 100
Twitter: Rummer_grapes
  • #579,699
  • Feb 22, 2021 9:17am Feb 22, 2021 9:17am
Quoting myths
5M {image}
tp
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  • #579,700
  • Feb 22, 2021 9:21am Feb 22, 2021 9:21am
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yes yes yes
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