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Cable Update (GBPUSD)

  • #583,241
  • Mar 11, 2021 5:39am Mar 11, 2021 5:39am
Quoting gatenio
{quote} no,the lowest i can see is around 1725 but gold is act like an ass so everything can happen. if we get new high so no retrace at all.
it going to give 5 points down atleast
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yes yes yes
  • #583,242
  • Mar 11, 2021 5:39am Mar 11, 2021 5:39am
Quoting Theoak
{quote} Long in at 1.3947 and 45 target 1.3960 {image}
Bingo Bongo
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Don't trade what you think. Just what you see!!!
  • #583,243
  • Mar 11, 2021 5:41am Mar 11, 2021 5:41am
Quoting TrTT
Yo Girls More GBP Want Some {image} You see this chart formation is bullish. It may rise some
TPS

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This is one of the german Clients Accounts. WaiTing HAHA

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Ok See You
  • #583,244
  • Edited 5:53am Mar 11, 2021 5:43am | Edited 5:53am
Quoting Theoak
{quote} Where would you have entered and why?

Posted yesterday

4H formed a base but moving against the daily so was either corrective or wave 1 of daily long continuation, subdividing on H1 and 15 minute to view the structure from its base into larger degree swings with the last 15 min larger degree corrective swing breaking minor corrective resistance and trending back up, i might have been a bit too ambitious with the target but you never know it might still go there

Attached Image


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Follow The Markets Structure - Patience and Discipline
  • #583,245
  • Mar 11, 2021 5:45am Mar 11, 2021 5:45am
Quoting MoneyZilla
{quote} 1. Don't add to a losing position. Alright? 2. Don't you read Mr. Gatenio's golden entries/targets? Maybe you should... {quote} 3. We will wipe your SL out, with our utmost pleasure.
muppet
moving sl to be plus spread, trade doing nicely thankyou
If you are new to Forex? Say Goodbye to your account!!
  • #583,246
  • Mar 11, 2021 5:51am Mar 11, 2021 5:51am
Quoting Moty
{quote} it going to give 5 points down atleast {image}
good luck, im still seeing my 1745 and more
off course i could be wrong..

just want my AB=CD on h1
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  • #583,247
  • Edited 7:04am Mar 11, 2021 5:53am | Edited 7:04am
Long in at 1.3961 and 59 target 15 pips

Go to 45 ish and hopefully will swing up!!! will add higher

5 min double bottom
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Don't trade what you think. Just what you see!!!
  • #583,248
  • Mar 11, 2021 5:58am Mar 11, 2021 5:58am
Quoting gatenio
{quote} good luck, im still seeing my 1745 and more off course i could be wrong.. just want my AB=CD on h1 {image}
price is in the band
res is at 1740.56
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yes yes yes
  • #583,249
  • Mar 11, 2021 6:02am Mar 11, 2021 6:02am
Quoting Headland
... Price met supply @ the 3 fib cluster 3965-55 ...4hr is below. Fibs shown are from 4242, 4182, and 4017 all to 3778. {image}
tH4 barı ile trend tersi bir durum oluşmaya başladı ....ne düşünüyorsunuz?
  • #583,250
  • Mar 11, 2021 6:05am Mar 11, 2021 6:05am
Quoting gatenio
{quote} good luck, im still seeing my 1745 and more off course i could be wrong.. just want my AB=CD on h1 {image}
I have pull back to 1761 35 is pole target from 4hr bull flag, but I am trading 4hr/ daily trend which is all bear!!
If you are new to Forex? Say Goodbye to your account!!
  • #583,251
  • Mar 11, 2021 6:08am Mar 11, 2021 6:08am
Waiting to ride gu down 1.3915-05. preparing the way for 1.40 plus
  • #583,252
  • Edited 6:33am Mar 11, 2021 6:13am | Edited 6:33am
Finally it drops, was holding 5-10 pips drawdown most of the morning

Just looking at the channel on dxy and fib retrace levels along with the new demand areas on GU for the move back up

Around 1.3906 a 50pc retrace of the last leg up coincides with the round number, pivot and 1h demand falls at 1.38804-1.39035
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  • #583,253
  • Mar 11, 2021 6:42am Mar 11, 2021 6:42am
Quoting pipfarm
{quote} Posted yesterday 4H formed a base but moving against the daily so was either corrective or wave 1 of daily long continuation, subdividing on H1 and 15 minute to view the structure from its base into larger degree swings with the last 15 min larger degree corrective swing breaking minor corrective resistance and trending back up, i might have been a bit too ambitious with the target but you never know it might still go there {image} {image}
Put wave count on your chart.
  • #583,254
  • Mar 11, 2021 6:43am Mar 11, 2021 6:43am
ecb in 2 mins
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yes yes yes
  • #583,255
  • Mar 11, 2021 6:47am Mar 11, 2021 6:47am
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yes yes yes
  • #583,256
  • Mar 11, 2021 6:48am Mar 11, 2021 6:48am
Something weird is happening- gilt yields starting to dive, dollar is spiking/euro dropping.

Ahh got it, ECB decision
  • #583,257
  • Mar 11, 2021 7:01am Mar 11, 2021 7:01am
same old tricks , so pitiful
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yes yes yes
  • #583,258
  • Mar 11, 2021 7:09am Mar 11, 2021 7:09am
the drop is coming
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yes yes yes
  • #583,259
  • Edited 7:24am Mar 11, 2021 7:09am | Edited 7:24am
Quoting Tim_isoara
{quote} Put wave count on your chart.
I will reword my statement as i do not wish to offend anyone


No thanks, it is not necessary as i do not follow strict elliott wave counts , in my opinion they make things too complicated ( sorry if others disagree but i have proven over and over it is not necessary), only follow two degrees of swings on each chart, that is all that is needed
Follow The Markets Structure - Patience and Discipline
  • #583,260
  • Mar 11, 2021 7:10am Mar 11, 2021 7:10am
Lol apologies , i was looking at the AUDUSD

There is no indication of cable reversing , at the moment

5 minute formed a contracting triangle then break out and retest

but still 5 min cable formed an abc correction and break out
Follow The Markets Structure - Patience and Discipline
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