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Cable Update (GBPUSD)

  • #581,241
  • Mar 1, 2021 9:17am Mar 1, 2021 9:17am
Quoting ricmaj
{quote} imo its very dangerous to be long it could fall to 1.3850 and below

Thanks Ric Maj for your view and comment.

I appreciate your help for Newbie.

My view on this trade are based on SNR.

Price couldn't break Friday low.

Second attempt to break lower failed with Bullish Engulfing candle on the left ( see chart below).

This Price Action view as strong support below with buyer are filling up their order and holding the price at this level.

Once broken, it becomes invalidate.

SL just below the lowest level.

Now waiting for price to push up ( if it want to go up..)

This is my Newbie opinion and view only. I hope my view is wrong.

Hope to improve my trading by learning from Professional and Expert traders in this thread.

Thanks again.

Attached Image (click to enlarge)
Click to Enlarge Name: GU 005.jpg Size: 220 KB
  • #581,242
  • Mar 1, 2021 9:23am Mar 1, 2021 9:23am
Quoting Sang.Real
{quote} Thanks Ric Maj for your view and comment. I appreciate your help for Newbie. My view on this trade are based on SNR. Price couldn't break Friday low. Second attempt to break lower failed with Bullish Engulfing candle on the left ( see chart below). This Price Action view as strong support below with buyer are filling up their order and holding the price at this level. Once broken, it becomes invalidate. SL just below the lowest level. Now waiting for price to push up ( if it want to go up..) This is my Newbie opinion and view only. I hope...
yes,

The close will be interesting for tomorrow.

Most probably bullish tuesday candle.
Intraday only.
  • #581,243
  • Mar 1, 2021 9:27am Mar 1, 2021 9:27am
come on mf
those buyers just won't give up
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 49 KB
yes yes yes
  • #581,244
  • Edited 9:43am Mar 1, 2021 9:33am | Edited 9:43am
Quoting Moty
come on mf those buyers just won't give up {image}

Ha ha ha

Moty.

Yes this buyer is as stubborn as you do .

Market Maker can push this price down as well they can spike the price up as long it filled up their order.

May the best man win.

Take care and trade hard.


Attached Image
  • #581,245
  • Mar 1, 2021 9:33am Mar 1, 2021 9:33am
Quoting Moty
come on mf those buyers just won't give up {image}
sellers need some rest too,


lol
Intraday only.
  • #581,246
  • Mar 1, 2021 10:09am Mar 1, 2021 10:09am
dx already broke Friday's high , and last weekly bullish candle high , so for what all are waiting for ?
all of a sudden they considering the adr borders ?
make a move mf
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 71 KB
yes yes yes
  • #581,247
  • Mar 1, 2021 10:17am Mar 1, 2021 10:17am
Quoting mysterio
{quote} This could easily be the low of the day folks if the ABCD holds which it looks like it will. I see DXY is making an M pattern. So maybe cable goes down a bit from here, no new low, then breaks out the top of that channel eventually I'm done for the day good luck all
Looks like it was, we've formed a W on cable now and about to breakout of a channel. DXY yields have fallen back and indices are flying so the brakes are on the dollar for now. DXY has formed a bit of a triple top and broken out of a rectangle to the downside
Attached Image (click to enlarge)
Click to Enlarge Name: cable.jpg Size: 106 KB
  • #581,248
  • Mar 1, 2021 10:19am Mar 1, 2021 10:19am
did long some trades around 1.3920
set to break even all
hope it didnt retrace back to BE

such a headache
  • #581,249
  • Mar 1, 2021 10:19am Mar 1, 2021 10:19am
i am searching my son is here
  • #581,250
  • Mar 1, 2021 10:20am Mar 1, 2021 10:20am
Quoting greengp
i am searching my son is here

wish list 1.39
  • #581,251
  • Mar 1, 2021 10:21am Mar 1, 2021 10:21am
Quoting greengp
{quote} wish list 1.39
i was in the bar /just came
  • #581,252
  • Mar 1, 2021 10:34am Mar 1, 2021 10:34am
Quoting greengp
{quote} i was in the bar /just came
some days monday will not work / volume is thin
  • #581,253
  • Mar 1, 2021 10:39am Mar 1, 2021 10:39am
Quoting Moty
come on mf those buyers just won't give up {image}
Looking your stack positions .. I am really wish gu going up ( Devil Mode On )
  • #581,254
  • Mar 1, 2021 10:41am Mar 1, 2021 10:41am
Inserted Video


GUYS IT IS KANNADA / THE LANGUAGE I CAN SPEAK .01%
  • #581,255
  • Mar 1, 2021 10:47am Mar 1, 2021 10:47am
Quoting DailyChart
{quote} Looking your stack positions .. I am really wish gu going up ( Devil Mode On )
Dc,
His stack positions are in line with what is happening now. You wish. I am bumfuzzled by your views and usually after the fact.
Crumbs
Trade to trade another day
  • #581,256
  • Mar 1, 2021 10:52am Mar 1, 2021 10:52am
Just hammer him awaey
  • #581,257
  • Mar 1, 2021 10:56am Mar 1, 2021 10:56am
Quoting DailyChart
{quote} Looking your stack positions .. I am really wish gu going up ( Devil Mode On )
reached 2000% yet

tell us
  • #581,258
  • Mar 1, 2021 10:57am Mar 1, 2021 10:57am
Quoting Wavegarrick
{quote} Dc, His stack positions are in line with what is happening now. You wish. I am bumfuzzled by your views and usually after the fact. Crumbs
Don't talk so much old man .. don't too worried with your short also..prepare for stop out for worst scenario always
  • #581,259
  • Mar 1, 2021 10:57am Mar 1, 2021 10:57am
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 46 KB
yes yes yes
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