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Cable Update (GBPUSD)

  • #583,001
  • Mar 10, 2021 4:07am Mar 10, 2021 4:07am
morning, shorts
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The only constant is change
  • #583,002
  • Mar 10, 2021 4:08am Mar 10, 2021 4:08am
Quoting Lest
{image}
close
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  • #583,003
  • Mar 10, 2021 4:08am Mar 10, 2021 4:08am
Well, 'could have' just held my buy from the morning and be 70ish pips up by now hindsight

I'm now thinking of shorting 1.3950 RN, R1, upper TL/ABCD. Any thoughts? Assuming it's not around the inflation numbers
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  • #583,004
  • Mar 10, 2021 4:09am Mar 10, 2021 4:09am
added sell
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dolce vita
  • #583,005
  • Mar 10, 2021 4:09am Mar 10, 2021 4:09am
Quoting Sang.Real
{quote} What do you expect from one year experience as newbie ?. Lets be wise and see from Newbie perspective. I use only SNR as my analysis. That's the only tool I know how to trade from. I don't post " hind sight trade " I usually post " live trade" Therefore , easy for others to comment once my trade went wrong coz It's hind sight. Let see how many live call you made this year. Remember this : I'm Newbie
just ignore it, focus on your trade. It will make you an easy life............ I like your analysis
  • #583,006
  • Mar 10, 2021 4:09am Mar 10, 2021 4:09am
Quoting Headland
... nice! Upside breach of the desc 1hr and 4hr t/lines now. 1hr bullish close - 4th in a row.
what is your next target
  • #583,007
  • Mar 10, 2021 4:12am Mar 10, 2021 4:12am
Quoting Lest
{quote} close {image}
GBPUSD M5
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  • #583,008
  • Mar 10, 2021 4:12am Mar 10, 2021 4:12am
Quoting asrirosely
{quote}would you mind sharing the volume bar indicator. thanks
Look at this thread:
https://www.forexfactory.com/thread/...4#post12542574
Air force
  • #583,009
  • Mar 10, 2021 4:19am Mar 10, 2021 4:19am
goldi is preparing to fly
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yes yes yes
  • #583,010
  • Mar 10, 2021 4:23am Mar 10, 2021 4:23am
Wary about longs here because of the 1h supply and we just touched the bottom of a 1h/4h channel on dxy. 1.3950 isn't guaranteed for me. If dollar breaks though though its good bullish confirmation for cable
  • #583,011
  • Mar 10, 2021 4:32am Mar 10, 2021 4:32am
Quoting mysterio
Wary about longs here because of the 1h supply and we just touched the bottom of a 1h/4h channel on dxy. 1.3950 isn't guaranteed for me. If dollar breaks though though its good bullish confirmation for cable
The big descending trend line is broken
Look only for long
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yes yes yes
  • #583,012
  • Mar 10, 2021 4:32am Mar 10, 2021 4:32am
waiting for next allert.
Trade with prediction = witch with her visions lol
  • #583,013
  • Mar 10, 2021 4:35am Mar 10, 2021 4:35am
Quoting dimitricss
waiting for next allert.
owh its a sell allert... okay..
Trade with prediction = witch with her visions lol
  • #583,014
  • Mar 10, 2021 4:36am Mar 10, 2021 4:36am
1M
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Fools Rushing
  • #583,015
  • Mar 10, 2021 4:38am Mar 10, 2021 4:38am
holding
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dolce vita
  • #583,016
  • Mar 10, 2021 4:40am Mar 10, 2021 4:40am
Quoting mysterio
Well, 'could have' just held my buy from the morning and be 70ish pips up by now hindsight I'm now thinking of shorting 1.3950 RN, R1, upper TL/ABCD. Any thoughts? Assuming it's not around the inflation numbers {image}
You might have missed a trick re waiting for 3950...5min below shows the set-up @ that prev 1hr/4hr sw lo x 3/hi zone...it's all about the U.s inflation numbers next and then any reaction if House passes the stimulus package in the U.s today ie both potentially $ positive (first if inflation picks up, and then the stimulus package.)
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Trader with an Edge.
  • #583,017
  • Edited 4:54am Mar 10, 2021 4:41am | Edited 4:54am
Quoting Headland
{quote} You might have missed a trick re waiting for 3950...5min below shows the set-up @ that prev 1hr/4hr sw lo x 3/hi zone...it's all about the U.s inflation numbers next and then any reaction if House passes the stimulus package in the U.s today ie both potential $ positive (first if inflation picks up and then the stimulsu package.) {image}
Caught it. saw DXY was bottoming out on the bottom of a 4h channel. Gilts were being bought. 1h supply on cable, entered short in the 5m TL break

Thanks for the input- I was focussed on the breakout expecting more buying without seeing the other side
  • #583,018
  • Mar 10, 2021 4:44am Mar 10, 2021 4:44am
Seems to be ranging again hopefully the red sticker announcements at 1.30 pm GMT will shake it up (or down)
Insane in the Brain..
  • #583,019
  • Mar 10, 2021 4:59am Mar 10, 2021 4:59am
price will not go below 1.38818
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yes yes yes
  • #583,020
  • Mar 10, 2021 5:03am Mar 10, 2021 5:03am
looking for profit around DP 1.3874
let's see
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dolce vita
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