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Cable Update (GBPUSD)

  • #583,041
  • Mar 10, 2021 4:24am Mar 10, 2021 4:24am
Quoting pipfarm
{image}

Rejection off the last 15 minor lower high , a good sign for long, we could see this up to 4019 and higher but would like to see the 3915 minor top break to confirm the trend continuation which would mean a 40 pip stop but if it gets to 4019 that would be a 2.5-1 risk reward
Follow The Markets Structure - Patience and Discipline
  • #583,042
  • Mar 10, 2021 4:29am Mar 10, 2021 4:29am
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 30 KB
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 41 KB
yes yes yes
  • #583,043
  • Mar 10, 2021 4:29am Mar 10, 2021 4:29am
Quoting Georginson
Any rise should be sold ... 1.3910/1.3970 selling areas to target 1.3650. only a break of 1.4050 will invalidate this. Trade with caution.
As stated yesterday selling levels are 1.3910 - 1.3970 area...

As for today, failure to break 1.3840 is clear invitation of 1.3935 - 1.3970 area. So bears can launch their attack at 1.3950 round figure.
Data + Stat + Risk/Emotions Management
  • #583,044
  • Mar 10, 2021 4:32am Mar 10, 2021 4:32am
DXY coming down

4 Hour minor correction moving into wave 3
Follow The Markets Structure - Patience and Discipline
  • #583,045
  • Mar 10, 2021 4:35am Mar 10, 2021 4:35am
Quoting Sang.Real
{quote} My Brother. I like the way you trade. But don't marry the trade. Screwed them. I've completed 15 trade ( two losses, 13 win) You don't hang around too long. Screw them and take your money, then screw them again. This is what I learn from Mr Jonny Hatinga , the ART of Money Zilla
i know what will happen
the next time i will take little profit , it will fly away
even so i will listen to you , i will wait for price to go above the 34 ema band , and let it run to 1.39550
is it go below the band i will take profit
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 36 KB
yes yes yes
  • #583,046
  • Mar 10, 2021 4:35am Mar 10, 2021 4:35am
GU

Closing this trade now.


Looking to buy lower (cheaper ) price.


Close first (screw them) take the money. And come back for better entry

Be back in 2 hours

Attached Image (click to enlarge)
Click to Enlarge Name: gu 100.jpg Size: 236 KB
  • #583,047
  • Mar 10, 2021 4:36am Mar 10, 2021 4:36am
Correlations seem to be in favour today as most majors are ready to launch at round about the same time.
Follow The Markets Structure - Patience and Discipline
  • #583,048
  • Mar 10, 2021 4:37am Mar 10, 2021 4:37am
Quoting Georginson
Any rise should be sold ... 1.3910/1.3970 selling areas to target 1.3650. only a break of 1.4050 will invalidate this. Trade with caution.
Quoting Georginson
{quote} As stated yesterday selling levels are 1.3910 - 1.3970 area... As for today, failure to break 1.3840 is clear invitation of 1.3935 - 1.3970 area. So bears can launch their attack at 1.3950 round figure.
I thought you talked about 1,3650
  • #583,049
  • Mar 10, 2021 4:37am Mar 10, 2021 4:37am
Quoting babayaga
out with profit going to have a brake now {image}

With GU , that's the way to trade.

Enter, take the money, rest,

Re-enter, take the money and screw them

Don't marry the trade.

Good Job.
  • #583,050
  • Mar 10, 2021 4:49am Mar 10, 2021 4:49am
Quoting bigiivan
{quote} {quote} I thought you talked about 1,3650
That's March target as far as 1.4050 doesn't get broken. Hence I recommend a sell from 1.3950 area to gradually target 1.3650.
Data + Stat + Risk/Emotions Management
  • #583,051
  • Mar 10, 2021 4:58am Mar 10, 2021 4:58am
Quoting eurolinux
{quote} I recoded your indicator and added some new features, feel feel to pm me {image}
Hi!
That's great!
i already pm you with my personal email!
can't wait to get live.
Thank you!
If you don't know how to earn money, don't loose it.
  • #583,052
  • Mar 10, 2021 4:59am Mar 10, 2021 4:59am
look how this pair is crooky
aussi had the same move , 3 push up , abc correction , then push up , retracement , and now
it going again up
but in gu it made an ugly over extend drop just to shake weaken retail traders
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 60 KB
yes yes yes
  • #583,053
  • Edited 5:16am Mar 10, 2021 5:00am | Edited 5:16am
Quoting MoneyZilla
Jokes (including the not really good ones) are much better than fights...

Mr Jonny Hatinga


Please show me you past trade. ( yesterday or day before ).

Your trading styles really fit for the current GBP/USD mixed swing mood.

Thanks Brother.


If he ever post his trade here, we will learn how he trade like a PIRATE.

Wait for his post
  • #583,054
  • Mar 10, 2021 5:01am Mar 10, 2021 5:01am
... Back for U.s data @ 1330pm gmt.... Also today the U.s stimulus deal in the House (as previously mentioned,) and will probably pass into law. Also @ 1801pm gmt U.s 10yr T-note bonds auction. Usually routine affairs but in the current climate - all eyes will be on that after the inflation numbers, and the potential resulting institutional cross-asset flows and hedging could affect this pairing.

Meantime, the drop in gbpusd from current dly hi @ base of that prev 1hr/4hr sw lo x 3/sw hi zone found support @ steepest 1hr asc t/line. 1hr below.
Attached Image (click to enlarge)
Click to Enlarge Name: ea409d24555f83996611aa046af36c2a.png Size: 52 KB
Trader with an Edge.
  • #583,055
  • Mar 10, 2021 5:01am Mar 10, 2021 5:01am
Quoting Georginson
{quote} That's March target as far as 1.4050 doesn't get broken. Hence I recommend a sell from 1.3950 area to gradually target 1.3650.
That's a wonderful plan!
Then I will keep my longs till 1,3950 ... or 1,4050.
Let's see what will dream tonight!
  • #583,056
  • Mar 10, 2021 5:01am Mar 10, 2021 5:01am
Quoting pipfarm
Correlations seem to be in favour today as most majors are ready to launch at round about the same time.
At moment seems a typical RISK ON Session
Attached Image (click to enlarge)
Click to Enlarge Name: risk.png Size: 8 KB
  • #583,057
  • Mar 10, 2021 5:02am Mar 10, 2021 5:02am
Look at Dxy. Cable may see some bull move here. Attach rocket boosters and fuel up.
  • #583,058
  • Mar 10, 2021 5:15am Mar 10, 2021 5:15am
come on baby flag, im holding you for to long time
if i can get 1750 today i will be very happy! do you want to make me happy?
Attached Image (click to enlarge)
Click to Enlarge Name: acffe9cbb8dc50822e89dea65b26dc8a.png Size: 101 KB
  • #583,059
  • Mar 10, 2021 5:19am Mar 10, 2021 5:19am
Quoting lakhan
Look at Dxy. Cable may see some bull move here. Attach rocket boosters and fuel up.
might be concrete shoes also, good data release in ten mins
If you are new to Forex? Say Goodbye to your account!!
  • #583,060
  • Mar 10, 2021 5:20am Mar 10, 2021 5:20am
Quoting bigiivan
{quote} That's a wonderful plan! Then I will keep my longs till 1,3950 ... or 1,4050. Let's see what will dream tonight!
An indirect intraday bull signal not to confuse the analysis given.
Data + Stat + Risk/Emotions Management
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