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Cable Update (GBPUSD)

  • #583,461
  • Mar 12, 2021 4:18am Mar 12, 2021 4:18am
i will look for buy https://www.tradingview.com/x/fLnszrj3/
  • #583,462
  • Mar 12, 2021 4:22am Mar 12, 2021 4:22am
That's US 10Y yields back at 160bps. This is a supply area/psych level. Maybe time for the dollar to take a breather here- not sure what caused this spike? Friday thing?
  • #583,463
  • Mar 12, 2021 4:22am Mar 12, 2021 4:22am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDvH1_LI.jpg Size: 835 KB
Trade with prediction = witch with her visions lol
  • #583,464
  • Mar 12, 2021 4:23am Mar 12, 2021 4:23am
Quoting Sang.Real
{quote} Very Nice Trade Tommy Diginti. Asking a question to learn and for educational purposes. Is your Short Target (TP ) is 1.38881 ? Thanks Sang Real
LONG IT IS NOW
  • #583,465
  • Mar 12, 2021 4:26am Mar 12, 2021 4:26am
Quoting mysterio
That's US 10Y yields back at 160bps. This is a supply area/psych level. Maybe time for the dollar to take a breather here- not sure what caused this spike? Friday thing?
could be the Friday take profit thing also the UK economic news wasn’t too good either
Insane in the Brain..
  • #583,466
  • Mar 12, 2021 4:27am Mar 12, 2021 4:27am
Quoting Nd10
{quote} LONG IT IS NOW
I took it too with my stop at BE

I am looking to short again later though

good luck
Attached Image (click to enlarge)
Click to Enlarge Name: GU.jpg Size: 67 KB
  • #583,467
  • Mar 12, 2021 4:29am Mar 12, 2021 4:29am
Quoting Nd10
{quote} LONG IT IS NOW
too early to say???
If you are new to Forex? Say Goodbye to your account!!
  • #583,468
  • Mar 12, 2021 4:30am Mar 12, 2021 4:30am
Quoting jamiehank
i will look for buy {image}

Thanks Jamie Hank.

Good Chart and great set up.

Downward move with still available for 58 pips to trade downward.

Do you think , it's good to scalp short 58 pips to the target before going long.


Thanks in advance for your replay.

Newbie wanting to learn something valuable from Senior Traders.

Great Work

Your Chart below

Attached Image (click to enlarge)
Click to Enlarge Name: Jamie 2.jpg Size: 126 KB
  • #583,469
  • Mar 12, 2021 4:32am Mar 12, 2021 4:32am
Defo short term bull momentum. Could retrace to 1.3950, but to be honest! How do you trade this?
Don't trade what you think. Just what you see!!!
  • #583,470
  • Mar 12, 2021 4:33am Mar 12, 2021 4:33am
Quoting Theoak
Defo short term bull momentum. Could retrace to 1.3950, but to be honest! How do you trade this?
Its a tough one especially for profit to risk ratio but I’d have S/L at 139
Insane in the Brain..
  • #583,471
  • Mar 12, 2021 4:46am Mar 12, 2021 4:46am
Quoting mysterio
{quote} I took it too with my stop at BE I am looking to short again later though good luck {image}
YES. I SAW A VERY STRONG INVERSE H N S. Could drop to 1.386 bfo move to 1.417
  • #583,472
  • Mar 12, 2021 4:47am Mar 12, 2021 4:47am
Quoting Sang.Real
{quote} Thanks Jamie Hank. Good Chart and great set up. Downward move with still available for 58 pips to trade downward. Do you think , it's good to scalp short 58 pips to the target before going long. Thanks in advance for your replay. Newbie wanting to learn something valuable from Senior Traders. Great Work Your Chart below {image}
YES. I SAW A VERY STRONG INVERSE H N S. Could drop to 1.386 bfo move to 1.417
  • #583,473
  • Mar 12, 2021 4:48am Mar 12, 2021 4:48am
Now is the right time to buy the Eurusd for the upwards ride.
  • #583,474
  • Mar 12, 2021 4:48am Mar 12, 2021 4:48am
Quoting KiwiTrada
{quote} too early to say???
Don't think so.
  • #583,475
  • Mar 12, 2021 4:50am Mar 12, 2021 4:50am
Quoting Nd10
{quote} YES. I SAW A VERY STRONG INVERSE H N S. Could drop to 1.386 bfo move to 1.417
I was looking out at the bottom of the 1h channel, and there was 0.618 fib retrace down there too.

Now I'm holding long until we return to this demand on dxy then boom short again

Will see where that is on GU, there is 5m supply and the pivot around 1.3970

That's the plan anyway but it's freaky friday anything can happen, best laid plans etc. Everything depends on the macro picture things can quickly change
Attached Image (click to enlarge)
Click to Enlarge Name: GU2.jpg Size: 119 KB
  • #583,476
  • Mar 12, 2021 4:56am Mar 12, 2021 4:56am
I am talking to the mf crooks
Or you give 50 $ , or you go up to 1.39590 and i will another position and take 150$
It's your call , i am on the top of it
Attached Image(s) (click to enlarge)
Click to Enlarge Name: CamScanner 03-12-2021 12.50_1.jpg Size: 120 KB
Click to Enlarge Name: CamScanner 03-12-2021 12.58_1.jpg Size: 132 KB
yes yes yes
  • #583,477
  • Mar 12, 2021 5:01am Mar 12, 2021 5:01am
Quoting BeeTogether
{quote} Its a tough one especially for profit to risk ratio but I’d have S/L at 139
I think I'm going to let it retrace then look for a short set-up. This could just roll
Don't trade what you think. Just what you see!!!
  • #583,478
  • Mar 12, 2021 5:09am Mar 12, 2021 5:09am
Quoting mysterio
{quote} I was looking out at the bottom of the 1h channel, and there was 0.618 fib retrace down there too. Now I'm holding long until we return to this demand on dxy then boom short again Will see where that is on GU, there is 5m supply and the pivot around 1.3970 That's the plan anyway but it's freaky friday anything can happen, best laid plans etc. Everything depends on the macro picture things can quickly change {image}
Smart post bruv
  • #583,479
  • Mar 12, 2021 5:10am Mar 12, 2021 5:10am
Quoting Houtbay
Now is the right time to buy the Eurusd for the upwards ride.
Really messed up yesterday and cut off too early. Now I'm skeptical going back on long
  • #583,480
  • Edited 5:42am Mar 12, 2021 5:18am | Edited 5:42am
Losing confidence in the long tbh, will take BE if it hits. Treasury bond market still selling off like crazy. I guess the stimulus starts to hit soon- I think I heard Yellen saying everyone in the States gets a direct deposit over the weekend?

Edit- despite the dip i'm continuing to hold long with the original plan in mind still. Watching it v carefully, another sudden move down and i'll BE it. Concerning that dxy is falling and not taking GU up with it

Out BE for now, congrats bears
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