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Cable Update (GBPUSD)

  • #580,181
  • Feb 23, 2021 11:19pm Feb 23, 2021 11:19pm
There is bad news also the india nse has some computer glich and trading stopped till 1.30 pm India time
  • #580,182
  • Feb 23, 2021 11:20pm Feb 23, 2021 11:20pm
Well that was a pleasant surprise to wake up 2k in the green!! Last weeks loss at more than 50% recovered already! Not sure how long cable can go north though
Insane in the Brain..
  • #580,183
  • Feb 23, 2021 11:23pm Feb 23, 2021 11:23pm
Quoting moty
again gu is going up without the gold take that mf with you , mf
i was looking at gold chart at h 1 seems they are in consolidation mode
  • #580,184
  • Feb 23, 2021 11:26pm Feb 23, 2021 11:26pm
Quoting crow
{quote} No COVID. It's call "Bla Bla Bla Brexit trend" trading...
thank you for your comments..,
as always any data are open to multiple interpretation
dolce vita
  • #580,185
  • Feb 23, 2021 11:27pm Feb 23, 2021 11:27pm
I didnt short GU yesterday,i shorted eu,but today i went short.I add -no signal down on h1 for big short.But its crazy.Critical zone 1.41100.after i dont know.
  • #580,186
  • Feb 23, 2021 11:29pm Feb 23, 2021 11:29pm
Quoting Moty
Again gu is going up without the gold Take that mf with you , mf
about gold my view changed for short as the hr4 cci indicate me some points to short it for about 300 pips
Attached Image (click to enlarge)
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about GU i will wait for retrace than will look to long it if i get good indicate to long it again

Cheers and green pips
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #580,187
  • Feb 23, 2021 11:31pm Feb 23, 2021 11:31pm
UK MPC minutes today. Lets see if there's any hints about intervention in the gilts market. I think they've said in the past they'd intervene if yields hit 1.0% and they're getting close. I think this would be the only thing that would stop GBP's ascent. Any kind of hints there could send the pair bearish.
  • #580,188
  • Feb 23, 2021 11:34pm Feb 23, 2021 11:34pm
Quoting Sang.Real
Coming March 2021 will be the mark of 1st year when I first started joining FF with 9 months trading live account. I went from literally knowing zero to what little I know now. I've read tons of books, never attended any paid education ( coz a lot of free YouTube available ) , read all kinds of websites on SNR Only, and been a member here at FF for a bit... I keep having this feeling like I'm really close to "cracking the code" or "to really making this work". Sometimes I want to quit, but then I say, I feel like I've come a long way and I'm close....

You are a wonderful Kid / keep smiling
  • #580,189
  • Feb 23, 2021 11:36pm Feb 23, 2021 11:36pm
Quoting MoneyZilla
{quote} If you pay a small attention? On your picture? Not many bear w1 candles either...

make your point, please

because I made this homework..,

enjoy
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dolce vita
  • #580,190
  • Feb 23, 2021 11:36pm Feb 23, 2021 11:36pm
Quoting Schweet
Filling the wick
John Wick you mean? Rumor has it that someone stole 2 of he’s dogs
  • #580,191
  • Feb 23, 2021 11:42pm Feb 23, 2021 11:42pm
Quoting abconqq7
{quote} As I already told you, you often over assume the relationship.
Economic genius

https://www.bbc.co.uk/news/business-48177767
Don't trade what you think. Just what you see!!!
  • #580,192
  • Feb 23, 2021 11:42pm Feb 23, 2021 11:42pm
Quoting crow
{quote} No COVID. It's call "Bla Bla Bla Brexit trend" trading...
Surely once that penny drops....
Insane in the Brain..
  • #580,193
  • Feb 23, 2021 11:44pm Feb 23, 2021 11:44pm
Quoting Theoak
{quote} If you look at the charts. They look nothing like each other, They both have the matching pair. Not saying you are wrong, but they only held their interest rate. Like you say that timestamp is over lots of pairs and some are not paired with USD. I'd say someone is using their muscle! {image} {image}
Not sure if I understand what you mean.

The currencies are all linked together. If GBPNZD goes up 100 pips for Kiwi news, GBPUSD still takes a bit of movement, in fact it has reached 1,416 from 1.413. Only 10 pips higher on GBPUSD found its order zone and spiked, and of course this moved all other GBP pairs

NZD news also moved EURUSD but only a few pips, because EURUSD is not in a key area like GBPUSD is.

Don't bother saying I'm wrong and you're right or vice versa. We are here to share our ideas and experiences, not to fight each other, so no problem

Someone is using their muscles it's true, I don't deny it. It is those muscles that make us understand the key areas. On GBPUSD today we could even get close to 1.43 as there is monetary policy, so yes, the spike was wanted by the Big Boys
  • #580,194
  • Feb 23, 2021 11:44pm Feb 23, 2021 11:44pm
omg

now my terminal pretty messed

cannot distinguish which one place manually and which place by ea
and there 3 ea runnings

shit one thing i didnt put comment onto the ea so no comment at the right side
second thing
i need a new act today for me to trade manually

ahhhh
  • #580,195
  • Feb 23, 2021 11:45pm Feb 23, 2021 11:45pm
currently have 27 open trades
  • #580,196
  • Feb 23, 2021 11:48pm Feb 23, 2021 11:48pm
it is good ea but at the same time kinda low school ea; once i accidentally close one of them; them it will lose the connection whe the reset of the trades
  • #580,197
  • Feb 23, 2021 11:49pm Feb 23, 2021 11:49pm
Quoting gatenio
{quote} The best tip i can give you, gold=scalping only. too many time im up 15 points, and the asshole coming back. 5-10 points? Cash out..
I locked two little positions to help me to understand where I am now

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dolce vita
  • #580,198
  • Feb 23, 2021 11:49pm Feb 23, 2021 11:49pm
Quoting SteadyAsItGo
omg now my terminal pretty messed cannot distinguish which one place manually and which place by ea and there 3 ea runnings shit one thing i didnt put comment onto the ea so no comment at the right side second thing i need a new act today for me to trade manually ahhhh

I strongly advise u not to go mechanical . just view through u eyes like london open or usa open
  • #580,199
  • Feb 23, 2021 11:51pm Feb 23, 2021 11:51pm
Price breaks out of 4H squeeze to the upside with a lot of volume during Asian.

15M shows perfect 'W' structure for Bullish continuation at psychological '00's.

Market sentiment driving Bullish trend.
Attached Image (click to enlarge)
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  • #580,200
  • Feb 23, 2021 11:54pm Feb 23, 2021 11:54pm
Quoting Vincent1
{quote} Not sure if I understand what you mean. The currencies are all linked together. If GBPNZD goes up 100 pips for Kiwi news, GBPUSD still takes a bit of movement, in fact it has reached 1,416 from 1.413. Only 10 pips higher on GBPUSD found its order zone and spiked, and of course this moved all other GBP pairs NZD news also moved EURUSD but only a few pips, because EURUSD is not in a key area like GBPUSD is. Don't bother saying I'm wrong and you're right or vice versa. We are here to share our ideas and experiences, not to fight each other....
I defo do not want to fight with anyone. That is stupid. The best way to find the answer is by questions. Why is Britain a key area and Euro is not? A lot of money as moved at that time. I think we both believe the big boys are up to some games!
Don't trade what you think. Just what you see!!!
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