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Cable Update (GBPUSD)

  • #583,281
  • Mar 11, 2021 8:42am Mar 11, 2021 8:42am
Quoting greengp
Are we going to reach in fib 1.39365 23.6%
Should get to daily pivot 1.3905 no problem, dollar is going up rest of the week probs
  • #583,282
  • Mar 11, 2021 8:47am Mar 11, 2021 8:47am
Quoting pipfarm
DXY likely to go up as it has hit the old 4H Resistance that became support for the current swing down,,, could be forming a launch base on H1

DXY gave the game away when it broke the last 15m minor lower high within the larger degree down swing
Follow The Markets Structure - Patience and Discipline
  • #583,283
  • Mar 11, 2021 8:53am Mar 11, 2021 8:53am
Quoting greengp
are we going to reach in fib 1.39365 23.6%
was in the religious thought sl at 1.39692(no issue with my loss)
  • #583,284
  • Mar 11, 2021 8:53am Mar 11, 2021 8:53am
time for long now
  • #583,285
  • Mar 11, 2021 8:57am Mar 11, 2021 8:57am
... back @ desk updating charts. price just sneaked into the dly part of the prev 1hr/4hr/dly prev sw hi to 4017 @ the current dly hi before the sell-off @ underside of that prev asc dly t/line joining 3566 with 3859. Dly below.
Attached Image (click to enlarge)
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Trader with an Edge.
  • #583,286
  • Mar 11, 2021 8:58am Mar 11, 2021 8:58am
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 35 KB
Attached Image(s) (click to enlarge)
Click to Enlarge Name: dx.png Size: 14 KB
Click to Enlarge Name: dx1.png Size: 17 KB
yes yes yes
  • #583,287
  • Mar 11, 2021 9:01am Mar 11, 2021 9:01am
GU

Re-test YH.


Bonce up ?

Attached Image (click to enlarge)
Click to Enlarge Name: gu 106.jpg Size: 325 KB
  • #583,288
  • Mar 11, 2021 9:03am Mar 11, 2021 9:03am
Quoting ruben247
{quote} Time to head SOUTH. buckle up
1.36 or 1.40 or North or South ?? What a muppet
  • #583,289
  • Mar 11, 2021 9:11am Mar 11, 2021 9:11am
There is a magical trendline that keeps rejecting the price whenever it dips.
Risk Management is of utmost importance!
  • #583,290
  • Edited 9:53am Mar 11, 2021 9:12am | Edited 9:53am
EU AND GU MAKING FAKE MOVEMENT..
I LIKE IT..
  • #583,291
  • Mar 11, 2021 9:14am Mar 11, 2021 9:14am
Quoting KiwiTrada
{quote} 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!!
well done kiwi and moty, i wrong.
didnt saw that.
  • #583,292
  • Mar 11, 2021 9:16am Mar 11, 2021 9:16am
Quoting DailyChart
{quote} 1.36 or 1.40 or North or South ?? What a muppet
1.366 and below. I was having a chat with Jaybag last night, he mentioned a target of 1.3200. If you know Jay, you know he's not your playmate. I am with him on this target. So tell us 30,000% by now? common, hit us with your new return
  • #583,293
  • Mar 11, 2021 9:19am Mar 11, 2021 9:19am
blow out in the making
Attached Image (click to enlarge)
Click to Enlarge Name: dx.png Size: 42 KB
yes yes yes
  • #583,294
  • Mar 11, 2021 9:19am Mar 11, 2021 9:19am
Quoting Sang.Real
GU Re-test YH. Bonce up ? {image}
Long is wrong
Follow The Markets Structure - Patience and Discipline
  • #583,295
  • Mar 11, 2021 9:24am Mar 11, 2021 9:24am
Current short term base is H1 work it down from there , for me its a no no at such a low level
Follow The Markets Structure - Patience and Discipline
  • #583,296
  • Mar 11, 2021 9:25am Mar 11, 2021 9:25am
Quoting pipfarm
{quote} Long is wrong

Thanks Bro.

I was out the whole day.

Came back, open the chart with price making SRF on SNR Level testing YH.

I click the LONG Scalp without hesitate. Geeeze.

Let me have a quick look and call the fire fighter to put off this small fire before its too late.

P/S-- I was at the Camel Stud farm this morning till late evening, Bit run down and eager to trade. My bad.

  • #583,297
  • Mar 11, 2021 9:36am Mar 11, 2021 9:36am
UK gilts being sold off so any pullbacks in the dollar are causing spikes in GU. I believe the overall short/medium term direction for the dollar is up though. The lack of clear divergence is causing all the chop today. Trying to work out the fundamental reason for UK debt selling off, I guess it's just trend continuation. ECB are supporting Euro debt so that's all shot up today, maybe its a rebalancing away from UK and into Euro fixed income.
  • #583,298
  • Mar 11, 2021 9:38am Mar 11, 2021 9:38am
you will go down
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 35 KB
yes yes yes
  • #583,299
  • Mar 11, 2021 9:41am Mar 11, 2021 9:41am
Quoting Moty
you will go down {image}
I think we can see 1.4040 before going south
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  • #583,300
  • Mar 11, 2021 9:41am Mar 11, 2021 9:41am
Quoting pipfarm
{quote} Long is wrong
Or wrong is long......confusing for Korean speaking people, man!
Lost....
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