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Cable Update (GBPUSD)

  • #581,701
  • Mar 3, 2021 4:37am Mar 3, 2021 4:37am
Quoting M.Fadly
NEXT 1.40700
That's good.. But I think you can do even better. Try size 120 Verdana
  • #581,702
  • Mar 3, 2021 4:40am Mar 3, 2021 4:40am
Guys I'm a newbie here , hoping to catch up real soon !
  • #581,703
  • Mar 3, 2021 4:42am Mar 3, 2021 4:42am
Quoting pipfarm
Nice bull trap this morning with the minor wave , nearly at resistance before the drop then up {image}

Coming down for the B of the abc , you can see the top was rejected , down for the b of the abc then up larger degree swings only

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 30 KB
Follow The Markets Structure - Patience and Discipline
  • #581,704
  • Mar 3, 2021 4:43am Mar 3, 2021 4:43am
... 5min bullish hidden div present, good so long as 3958 holds.
Trader with an Edge.
  • #581,705
  • Mar 3, 2021 4:46am Mar 3, 2021 4:46am
Quoting Lest
{image}
GBPUSD M5
Attached Image
  • #581,706
  • Mar 3, 2021 4:47am Mar 3, 2021 4:47am
go go go
Attached Image(s) (click to enlarge)
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yes yes yes
  • #581,707
  • Mar 3, 2021 4:49am Mar 3, 2021 4:49am
Quoting M.Fadly
NEXT 1.40700
.
Attached Image
in wondering about yourself, you forgot what you came here to be part of
  • #581,708
  • Mar 3, 2021 4:59am Mar 3, 2021 4:59am
1.3975 is rejected. Gathering momentum to surpass 1.4, soon to join the upstream feast
Attached Image (click to enlarge)
Click to Enlarge Name: Buy.PNG Size: 33 KB
  • #581,709
  • Mar 3, 2021 5:02am Mar 3, 2021 5:02am
Quoting Jonadab
1.3975 is rejected. Gathering momentum to surpass 1.4, soon to join the upstream feast {image}
if so, why didn't you buy?
dolce vita
  • #581,710
  • Mar 3, 2021 5:19am Mar 3, 2021 5:19am
Quoting Headland
... 5min bullish hidden div present, good so long as 3958 holds.

.. presently struggling to get any further upside traction off the 23.6% (@ current pullback lo) of the move from y/day lo - today's current hi...4hr below.
Attached Image
Trader with an Edge.
  • #581,711
  • Mar 3, 2021 5:30am Mar 3, 2021 5:30am
Some accumulation is good. Will be back in NY session to see them shift it around a bit.

Ideally looking for a long entry around 3960, I think the price will hit that to collect any hopeful longs from London Open, current PA suggests few more small pushes down.

Quoting Headland
{quote} .. presently struggling to get any further upside traction off the 23.6% (@ current pullback lo) of the move from y/day lo - today's current hi...4hr below. {image}
  • #581,712
  • Mar 3, 2021 5:34am Mar 3, 2021 5:34am
Quoting Moty
go go go {image} {image}
I could be wrong about cable ( I am still selling)

but GOLD,
Moty,
I do not believe that you do not see that it is simply going down, do you?
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dolce vita
  • #581,713
  • Mar 3, 2021 5:35am Mar 3, 2021 5:35am
Quoting pipfarm
{quote} Coming down for the B of the abc , you can see the top was rejected , down for the b of the abc then up larger degree swings only {image}

So 99% here think it was going up but it is coming down.
Follow The Markets Structure - Patience and Discipline
  • #581,714
  • Mar 3, 2021 5:36am Mar 3, 2021 5:36am
Quoting BeeTogether
{quote} do you need to go to specsavers?
what do you want?
Like me, cuts losses quickly. But has more patience and lets his winn
  • #581,715
  • Mar 3, 2021 5:37am Mar 3, 2021 5:37am
Quoting knkie
{quote} . {image}
what do you want?
Like me, cuts losses quickly. But has more patience and lets his winn
  • #581,716
  • Mar 3, 2021 5:37am Mar 3, 2021 5:37am
1.40 could easily have been the top folks, hopefully seeing DXY start its 3rd wave up now. GBP yields falling back as long gilts found some support, as always trade your own plan its just what I see, I'm just a scalper so don't really call out big swing areas

If Euro can break out of this megaphone to the downside then it would add confirmation to the rejection of its 0.5 fib/1.21 and it's continued move from the weekly supply to the downside, pulling dxy along with it
  • #581,717
  • Mar 3, 2021 5:37am Mar 3, 2021 5:37am
Quoting pipfarm
{quote} So 99% here think it was going up but it is coming down.
Fortunately I'm on the right side for once with a short at R1.
  • #581,718
  • Mar 3, 2021 5:38am Mar 3, 2021 5:38am
who wrote me, no one forbids, if you don't like it don't comment, because I never bothered you
Like me, cuts losses quickly. But has more patience and lets his winn
  • #581,719
  • Mar 3, 2021 5:38am Mar 3, 2021 5:38am
Quoting M.Fadly
{quote} what do you want?

Last time i will ask politely , please stop writing in large font
Follow The Markets Structure - Patience and Discipline
  • #581,720
  • Mar 3, 2021 5:39am Mar 3, 2021 5:39am
Quoting Scotteyy
{quote} Fortunately I'm on the right side for once with a short at R1.

Well done
Follow The Markets Structure - Patience and Discipline
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