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Cable Update (GBPUSD)

  • #581,921
  • Mar 4, 2021 3:46am Mar 4, 2021 3:46am
GU looking at 1.3870s
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #581,922
  • Mar 4, 2021 3:49am Mar 4, 2021 3:49am
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  • #581,923
  • Mar 4, 2021 3:50am Mar 4, 2021 3:50am
Quoting vanca
{quote} i hope someone grabing some pips from my posts
I don't know what I'd have done without them!
Trader with an Edge.
  • #581,924
  • Mar 4, 2021 3:51am Mar 4, 2021 3:51am
Quoting vanca
{quote} i hope someone grabing some pips from my posts
No one has to. You just need to grab enough for yourself and be content ..
  • #581,925
  • Mar 4, 2021 4:00am Mar 4, 2021 4:00am
Quoting ruben247
{quote} No one has to. You just need to grab enough for yourself and be content ..
iam grabing dont worry
patience, patience, patience and after that more patience
  • #581,926
  • Mar 4, 2021 4:01am Mar 4, 2021 4:01am
Quoting Headland
{quote} I don't know what I'd have done without them!
I am starting to get tired of these.. But you spoke my mind
  • #581,927
  • Edited 4:21am Mar 4, 2021 4:02am | Edited 4:21am
Trying a long down here, 1.3930, based on the last pic I posted. Stop to BE asap TP open. Looks like a bit of accumulation down here...may be wrong
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  • #581,928
  • Mar 4, 2021 4:03am Mar 4, 2021 4:03am
Quoting vanca
{quote} iam grabing dont worry
great. just don't worry about others. you are not MM
  • #581,929
  • Mar 4, 2021 4:09am Mar 4, 2021 4:09am
Quoting ruben247
{quote} great. just don't worry about others. you are not MM
iam guessing today mm are guilty for taking your st, not you lacking of knowledge, dont be arrogant someday you will get it
patience, patience, patience and after that more patience
  • #581,930
  • Mar 4, 2021 4:11am Mar 4, 2021 4:11am
Quoting mysterio
Trying a long down here, 1.3930, based on the last pic I posted. Stop to BE asap TP open. Looks like a bit of accumulation down here...may be wrong
The prev 1hr/4hr sw lo's = prev supp = potential sbr that start @ 3920-circa 3939 on 4hr are the 1st ppa (potential problem area) for you, best shown on 4hr....below. G/L with it.
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Trader with an Edge.
  • #581,931
  • Mar 4, 2021 4:16am Mar 4, 2021 4:16am
Quoting vanca
{quote} iam guessing today mm are guilty for taking your st, not you lacking of knowledge, dont be arrogant someday you will get it
You don't get it, do you? You are actually the arrogant one here. But... I will leave it here
  • #581,932
  • Mar 4, 2021 4:18am Mar 4, 2021 4:18am
Quoting Headland
{quote} I don't know what I'd have done without them!
Noty girl.....

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  • #581,933
  • Mar 4, 2021 4:25am Mar 4, 2021 4:25am
Quoting mysterio
Trying a long down here, 1.3930, based on the last pic I posted. Stop to BE asap TP open. Looks like a bit of accumulation down here...may be wrong
To me, this seems like rather odd logic for trading. Instead of "trying" an entry that "may be wrong", isn't it more logical to LOOK for signs that a turn has actually OCCURRED on a smaller TF that would support your initial guess so that it becomes a probable success?

I see exactly nothing at all on M1 showing a bottom at the time that you posted, let alone leaving an up trail to follow.
To free Gazans of Hamas, use whatever it takes.
  • #581,934
  • Mar 4, 2021 4:25am Mar 4, 2021 4:25am
Make a retracment mf
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yes yes yes
  • #581,935
  • Mar 4, 2021 4:35am Mar 4, 2021 4:35am
Quoting Sang.Real
{quote} GU One hour to L.O. Coming to meet target on scalping. {image}

GU

Hard to trade today. Small scalp and rejection.

Closed previous scalp on rejection SNR. Just protecting capital.

Don't know how to trade this GU now. Waiting for next set up ( is any)

May be later at NYO
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  • #581,936
  • Mar 4, 2021 4:39am Mar 4, 2021 4:39am
3972 is now the minor resistance within the larger degree down swing that needs to break to take us up
Follow The Markets Structure - Patience and Discipline
  • #581,937
  • Mar 4, 2021 4:39am Mar 4, 2021 4:39am
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yes yes yes
  • #581,938
  • Mar 4, 2021 4:40am Mar 4, 2021 4:40am
Quoting mysterio
Trying a long down here, 1.3930, based on the last pic I posted. Stop to BE asap TP open. Looks like a bit of accumulation down here...may be wrong {image}
It was an accumulation after all, locked in at BE.

When the wedge/ending diagonal breaks out on DXY i'm expecting strong bullish movement on cable past 1.40, possibly as far as 1.4050.NFP could change that though. As always may be wrong trade your own plan! A break above the wedge past the supply around 91.20 would invalidate
  • #581,939
  • Mar 4, 2021 4:40am Mar 4, 2021 4:40am
safe trade

Inserted Video
dolce vita
  • #581,940
  • Mar 4, 2021 4:50am Mar 4, 2021 4:50am
Cable is bumming everyone out, its a fifth day in a row in a slightly wonky 100pip channel. Todays range seems to compress even more.

Which is fine in long term because there will be a nice burst soon.

Meanwhile check out the GA camp - spread is higher but it at least moves.

Quoting mysterio
Trying a long down here, 1.3930, based on the last pic I posted. Stop to BE asap TP open. Looks like a bit of accumulation down here...may be wrong {image}
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