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Cable Update (GBPUSD)

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don't try to tell the market where to go , let him tell you
Quoting Sang.Real
{quote} GU I thought I'm going to lose money today ,as most trader here are in favor of LONG. Today , my first day using ALGO. Risk 0.125% of account with five trade. Managed to use one of my dad fund manager Algo on my live account. At first glace , I saw the Algo consistently went for short from early trade. ( Something crazy...) It closed one trade , and then went for another four short trade. I'm amazed the algo efficiency looking at market and finding best trade to take. Program run on Python Code Trade Aldo and Quant Connect algorithmic trading...
I don't see SL
Quoting BartoszKKK
End L Take S H4/D1 its time to go down ;-)
Funnily enough, I saw you mention buying and taking profit at 1.40975 earlier, had a look myself and actually thought it would go up, although it went down before it went up, i actually profited from your opinion haha, let’s hope it goes down now too
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don't try to tell the market where to go , let him tell you
Quoting Moty
{image}
You are a very fine trader Moty and very brave too...... Aiye the most transparent trader here on Forexfactory platform that shows us his profits and losses too..... Fire on Mate..... Cheers .
It is all about the foreign exchange market.
Long in at 1.4104 target just a few pips 1.4111
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Play it by beer!!!
Quoting Theoak
Long in at 1.4104 target just a few pips 1.4111 {image}
LoL ..... Great one. You remind of Daylight on investing.com...... Goshhhhhhh..... She is good. Cheers .
It is all about the foreign exchange market.
Quoting Theoak
Long in at 1.4104 target just a few pips 1.4111 {image}
Come to Daddy OUT 7 + 3 + 4 pips
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Play it by beer!!!
Quoting Moty
{image}
almost sure its going more then 1820.. tonight/tomorrow.. watch your h4 trend is fresh from the oven
Quoting Efelexy
{quote} LoL ..... Great one. You remind of Daylight on investing.com...... Goshhhhhhh..... She is good. Cheers .
Why is she blonde and good looking?
Play it by beer!!!
Quoting Efelexy
{quote} You are a very fine trader Moty and very brave too...... Aiye the most transparent trader here on Forexfactory platform that shows us his profits and losses too..... Fire on Mate..... Cheers .
You call a very fine trader a person who blows his accounts one after another?
Brave?
Would you rather be brave and dead or coward and alive when you face an enemy (a bear or a bull for example )?
Account open on 2021-03-01
Dodgy Life All Time Return: 10.3%
Quoting Bartosz77
{quote} This move above 1.41100 has finished daily trend of 550 pips. Time to return south at least 23% to 1.39800...
And yet it knocks north again...
Account open on 2021-03-01
Dodgy Life All Time Return: 10.3%
long in at 1.4110 target 1.4116
out - 6 pips loss
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Play it by beer!!!
Thoughts on asian market open?
GU 1.412? or GU 1.4
who is doing what?
Is there still scope for a short position?
I have given up for the moment.
My observation may be wrong but intent correct. Stay calm!
Quoting parshal
who is doing what? Is there still scope for a short position? I have given up for the moment.
I’m the same, just observing but it’s really not budging either way really
Quoting Moty
{image}
To support your idea, possible three drives pattern. My tp 1770, but I have bad luck...
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Science is magic that works.
Quoting coryaaron
{quote} I’m the same, just observing but it’s really not budging either way really
No juice in the market. Its a waste of time till tomorrow!!!
Play it by beer!!!
Quoting Theoak
{quote} No juice in the market. Its a waste of time till tomorrow!!!
Agreed, thoughts on asian market opening times though? I’ve noticed tons of growth in GU seems to happen at about 2am-4am GMT.
GU is caught in a sandwich btw keeping the bullish trend by turtling upward and being already overbought.

After retracing to past resistance now support 1.4090 bounced back up, looking to be going soon to 1.4120s nearing the crucial resistance 1.4130-40

We are on the verge of a big decision, 20-30pips from there, a monthly open above there is very bullish.
Any shorts must keep that level in mind for SL.
A retrace still have wide range down but that must happen in only 3 days to go..

Tomorrow BOE news and Powell again..

Lets see if GU bulls will hit and run from here or keep hold on steady up movement!
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
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