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Cable Update (GBPUSD)

  • #581,541
  • Mar 2, 2021 9:57am Mar 2, 2021 9:57am
Quoting mysterio
{quote} TP'd +25 reverse long on 0.382 retrace 1.3900 It may want to go to 1.3886 but round number seems good
Cashed out +40, looking out for short next.
  • #581,542
  • Mar 2, 2021 9:58am Mar 2, 2021 9:58am
As I said, pound won't let you disappointed, buy every dips . Long term TP:1.47. Obvious a bear trap
Damage
  • #581,543
  • Mar 2, 2021 9:59am Mar 2, 2021 9:59am
Quoting Bacco
pending 3910 long for 200
Stop loss at be. I ll let it run.
Twitter: Rummer_grapes
  • #581,544
  • Mar 2, 2021 10:01am Mar 2, 2021 10:01am
... 23.6% of the main 4242-3859 move reached in a prev 1hr swing hi x 2 zone that extends to 3962 before another to 3978. 1hr below.
Attached Image (click to enlarge)
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Trader with an Edge.
  • #581,545
  • Mar 2, 2021 10:01am Mar 2, 2021 10:01am
Quoting littspaniard
longs {image}
profit hit . Enough for me . Trade well
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The only constant is change
  • #581,546
  • Mar 2, 2021 10:01am Mar 2, 2021 10:01am
Quoting abconqq7
As I said, pound won't let you disappointed, buy every dips . Long term TP:1.47. Obvious a bear trap
Bear trap....bull trap....i don't think there is any trap. Only retracements (up or down).
Twitter: Rummer_grapes
  • #581,547
  • Mar 2, 2021 10:05am Mar 2, 2021 10:05am
all out !!!!
half at 1.39433 and half at 1.39520
daily profit in the morning was 255 , now it is 531 $
Attached Image(s) (click to enlarge)
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yes yes yes
  • #581,548
  • Mar 2, 2021 10:06am Mar 2, 2021 10:06am
Quoting M.Fadly
{image}
???

stopped out?
Intraday only.
  • #581,549
  • Mar 2, 2021 10:06am Mar 2, 2021 10:06am
fast fingers...

Attached Image (click to enlarge)
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If you don't know how to earn money, don't loose it.
  • #581,550
  • Mar 2, 2021 10:06am Mar 2, 2021 10:06am
First 100pips closed while others run..

Some are in love with short when the tend is long and vice versa.

Great traders
  • #581,551
  • Mar 2, 2021 10:09am Mar 2, 2021 10:09am
Quoting Moty
all out !!!! half at 1.39433 and half at 1.39520 daily profit in the morning was 255 , now it is 531 $ {image} {image} {image}
Brilliant, well done.
Trader with an Edge.
  • #581,552
  • Mar 2, 2021 10:10am Mar 2, 2021 10:10am
Smashing it on Looney and the aussie , advanced trading set ups both wave C of abc of larger B correction , i will catch cable on the third wave up later today or tomorrow

Attached Image (click to enlarge)
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Follow The Markets Structure - Patience and Discipline
  • #581,553
  • Mar 2, 2021 10:14am Mar 2, 2021 10:14am
Cable

12345 wave A of a larger ABC daily now moving into first wave of wave B , still should be abc then probably a large drop for C of the larger ABC

As always price action will confirm what will happen later
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 34 KB
Follow The Markets Structure - Patience and Discipline
  • #581,554
  • Mar 2, 2021 10:16am Mar 2, 2021 10:16am
... price has now traveled 106% 30day adr, ie 104pips lo-hi. 1hr below.
Attached Image (click to enlarge)
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Trader with an Edge.
  • #581,555
  • Mar 2, 2021 10:16am Mar 2, 2021 10:16am
Quoting Sang.Real
{quote} Hi MZ. asking Newbie for opinion is a BIG mistakes.......lol Anyway , if you SL are very tight, it will get hit soon. This is because I'm shorting right now. Anyway, it is just my view. I have SL placed to protect capital There is no guarantee any of our trade will end up with profit. Here's is my scalping position now. {image}

GU

Three position stopped out.

Short target not reached.

Take a rest

Continue tomorrow.

Good nite everyone.

Thanks for the help



Attached Image (click to enlarge)
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  • #581,556
  • Mar 2, 2021 10:18am Mar 2, 2021 10:18am
going for the retrace
Attached Image (click to enlarge)
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yes yes yes
  • #581,557
  • Mar 2, 2021 10:24am Mar 2, 2021 10:24am
Quoting pipfarm
Cable 12345 wave A of a larger ABC daily now moving into first wave of wave B , still should be abc then probably a large drop for C of the larger ABC As always price action will confirm what will happen later {image}

Forgot to mention , this is not small retrace cable is going long for the B of larger ABC most probable target area around 4072.
Follow The Markets Structure - Patience and Discipline
  • #581,558
  • Mar 2, 2021 10:25am Mar 2, 2021 10:25am
Quoting Moty
all out !!!! half at 1.39433 and half at 1.39520 daily profit in the morning was 255 , now it is 531 $ {image} {image} {image}
Well done !
Congrats,
If you don't know how to earn money, don't loose it.
  • #581,559
  • Mar 2, 2021 10:30am Mar 2, 2021 10:30am
Quoting mysterio
Not taking it but a Gold short here might be good, 1726, that or the pivot 1734... USDX going down so I'll leave it. DXY caught at the bottom of a falling wedge/flag
Be carful with this asshole.. chart is a mess.. i think price will reach in a few days to 1800 if it break the last HH on h1
  • #581,560
  • Mar 2, 2021 10:30am Mar 2, 2021 10:30am
Quoting Moty
all out !!!! half at 1.39433 and half at 1.39520 daily profit in the morning was 255 , now it is 531 $ {image} {image} {image}
Well done buddy!!
Insane in the Brain..
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