Seem like this is bear trap
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Cable Update (GBPUSD)
- #581,482
- Mar 2, 2021 6:33am Mar 2, 2021 6:33am
- Joined Oct 2010 | Status: Trader | 21,478 Posts
Intraday only.
- #581,485
- Mar 2, 2021 6:38am Mar 2, 2021 6:38am
- Joined Aug 2008 | Status: Trader | 3,976 Posts
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
- #581,486
- Mar 2, 2021 6:39am Mar 2, 2021 6:39am
- Joined Apr 2013 | Status: Trader | 1,926 Posts
If you don't know how to earn money, don't loose it.
{quote} I should guide you a bit and me doing this doesn't mean you need me or anyone else to succeed. That statement you made out of assumption was rather dumb (No offense). Here's a free and UPFRONT target to deal with. 1.3795. I would not show you after the fact
Trade what you know, never called u names, to succeed don't need anyone, but increasing with folks is good just like now alot are loosing again because people advices them.
Everyone definitely takes responsibilities for there actions, but we can do things better.
If it doesn't bother you, it's fine... Keep doing things the same way, you can't get different results.
Part of today's trade with withdrawal. If we all work together against the bug player wouldn't it be fun n better than loosing to banks and financial institutions.
Just my thoughts
- #581,489
- Mar 2, 2021 6:49am Mar 2, 2021 6:49am
- Joined Apr 2013 | Status: Trader | 1,926 Posts
{quote} Nope, no coments. i would re-buy if price retraces to 1.38904 area (quite similar to yours) or if US breaks to make the high of the day i will try to trade breakout. Stay cool.
If you don't know how to earn money, don't loose it.
- #581,490
- Mar 2, 2021 6:52am Mar 2, 2021 6:52am
- | Additional Username | Joined Mar 2020 | 1,607 Posts
{quote} GU Short Scalping for bounce trade later. Any comment welcome for educational purposes. Thank you {image}
GU
my analysis using SNR method
Place where price reacted to previous SNR might effect movement.
This only newbie view.
Any comment and ideas are welcome for educational purposes.
Thank you
- #581,491
- Mar 2, 2021 6:57am Mar 2, 2021 6:57am
- Joined Apr 2013 | Status: Trader | 1,926 Posts
If you don't know how to earn money, don't loose it.
- #581,493
- Mar 2, 2021 7:02am Mar 2, 2021 7:02am
- | Additional Username | Joined Mar 2020 | 1,607 Posts
- #581,494
- Mar 2, 2021 7:02am Mar 2, 2021 7:02am
- Joined Dec 2017 | Status: Trader | 30,688 Posts
yes yes yes
- #581,495
- Edited 8:03am Mar 2, 2021 7:06am | Edited 8:03am
- Joined Nov 2007 | Status: left CanaryWharf desk-tea break | 24,286 Posts
{quote} Cool, thx very much Bones
If inflation sets in they may need to buy their own debt like a snake eating its own tail & pray this all kicks off something more substantial.
This is what they're talking about when they say yield control ,it's easier said than done.
Im saying be careful of FED intervention theres something that trips the theory.
The FED is the un reliable boyfriend in a fix.
On-site guru & also FF member's' psychiatrist, when not drinking tea
- #581,496
- Mar 2, 2021 7:10am Mar 2, 2021 7:10am
- Joined Oct 2020 | Status: Trader | 14,015 Posts | Online Now
Insane in the Brain..
GU is at a good zone, for aggressive traders a technical dip buy setup should have been taken advantage of. To conservative traders I'm waiting for a big rally that will break this lower low/high trend then I'll look to buy any retrace. A break below this temporary low will invalidate this analysis.
Fundamentally
Due to
UK PM clear exit strategy and US stimulus it seems that is what is at play for now.
Fundamentally
Due to
UK PM clear exit strategy and US stimulus it seems that is what is at play for now.