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Is it just me or is cable acting random? 44 replies

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Cable Update (GBPUSD)

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  • Post #583,821
  • Quote
  • Mar 15, 2021 5:01am Mar 15, 2021 5:01am
  •  Headland
  • Joined Apr 2020 | Status: trading | 5,082 Posts
..bullish 1hr and gmt+3 (daylight savings time now) 4hr closes. 4hr below.
Attached Image
Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
 
1
  • Post #583,822
  • Quote
  • Mar 15, 2021 5:02am Mar 15, 2021 5:02am
  •  Moty
  • Joined Dec 2017 | Status: Member | 21,658 Posts | Online Now
For 31 pips at least
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  • Post #583,823
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  • Mar 15, 2021 5:04am Mar 15, 2021 5:04am
  •  helioss
  • Joined Oct 2020 | Status: Member | 1,654 Posts | Online Now
Fibo 4H TP .397
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  • Post #583,824
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  • Mar 15, 2021 5:07am Mar 15, 2021 5:07am
  •  KiwiTrada
  • Joined Aug 2009 | Status: Member | 12,448 Posts
Quoting KiwiTrada
Disliked
{quote} cable waiting for reaction if any to 1 3942ish ???
Ignored
8hrs later we back to ground zero!!!
If you are new to Forex? Say Goodbye to your account!!
 
3
  • Post #583,825
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  • Mar 15, 2021 5:12am Mar 15, 2021 5:12am
  •  Ksth
  • | Joined Jun 2012 | Status: Member | 897 Posts
1.403 area may think scalp short..
 
1
  • Post #583,826
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  • Mar 15, 2021 5:14am Mar 15, 2021 5:14am
  •  Student21
  • | Joined Apr 2018 | Status: Member | 208 Posts
Quoting Student21
Disliked
Good morning to us all! I'd be shorting 1.3943 for the next hour or less if it reaches up there for liquidity. Let's see. Safe trading : )
Ignored
Out at small profit, sitting on me hands, looking maybe for a short around 1.396, depends also on the PA.
A trader is as good as his stop loss. Understand your mistakes.
 
3
  • Post #583,827
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  • Mar 15, 2021 5:29am Mar 15, 2021 5:29am
  •  Houtbay
  • Joined Nov 2020 | Status: Member | 4,161 Posts
I am buying gold and Gbpusd currently
 
 
  • Post #583,828
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  • Mar 15, 2021 5:30am Mar 15, 2021 5:30am
  •  Moty
  • Joined Dec 2017 | Status: Member | 21,658 Posts | Online Now
building up before a bulls run
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  • Post #583,829
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  • Mar 15, 2021 5:34am Mar 15, 2021 5:34am
  •  Houtbay
  • Joined Nov 2020 | Status: Member | 4,161 Posts
Gbpaud also a good buy
 
1
  • Post #583,830
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  • Mar 15, 2021 5:36am Mar 15, 2021 5:36am
  •  ia1979
  • Joined Jun 2018 | Status: Member | 789 Posts
Quoting Moty
Disliked
building up before a bulls run {image} {image}
Ignored
I'm thinking DR1 looks like a good target and it also coincides with round number 1.40. Depends on price breaking and closing above 1.3950.
 
1
  • Post #583,831
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  • Mar 15, 2021 5:39am Mar 15, 2021 5:39am
  •  babayaga
  • Joined Aug 2010 | Status: Member | 2,484 Posts
added sell
btw, it's showing trend is UP
if she will break 1.3950 (???).., if no could go till 1.3770th ( I expect till 1.3720th)
more real: 1.3890th,.. 1.3825th
let's see
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dolce vita
 
1
  • Post #583,832
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  • Mar 15, 2021 5:40am Mar 15, 2021 5:40am
  •  mysterio
  • Joined Sep 2009 | Status: Member | 5,517 Posts
Quoting Student21
Disliked
{quote} Out at small profit, sitting on me hands, looking maybe for a short around 1.396, depends also on the PA.
Ignored
I'm in the same trade

Although I am a little bit disappointed with myself because I believe EU has more bearish fundamental pressure. GU just gives more pips

Left a small runner on Euro-see what happens, I think it will break 1.19
 
1
  • Post #583,833
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  • Mar 15, 2021 6:13am Mar 15, 2021 6:13am
  •  Nd10
  • Joined Mar 2019 | Status: Member | 1,374 Posts
Quoting Sang.Real
Disliked
{quote} Hi Chi Forex. Thanks for your valuable post. Here's my chart, which I see this long set up at L.O. Your comment much appreciated. Thanks You Sang Real {image}
Ignored
INVERSE H & S
 
1
  • Post #583,834
  • Quote
  • Mar 15, 2021 6:17am Mar 15, 2021 6:17am
  •  Headland
  • Joined Apr 2020 | Status: trading | 5,082 Posts
...pullback again from the prev 1hr sw lo then hi x 2 (now) zone....1hr below.

5min bullish hidden div present now - may be good as long as price stays above 3914, but 30min/1hr is rangy now not trending.
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Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
 
1
  • Post #583,835
  • Quote
  • Edited 6:50am Mar 15, 2021 6:20am | Edited 6:50am
  •  mysterio
  • Joined Sep 2009 | Status: Member | 5,517 Posts
Think that trendline/channel breakout was a stop hunt

Thankfully for my short it was a false breakout anyway

I've seen manipulation like that on the Euro a lot, it's like they're trying to coax people into longs so 'they' can short. Just guessing though. I don't really know anything about institutional footprints but I do see things repeat themselves

I want to aim for 1.3850-1.3800 in the first instance. Locked in at BE whatever happens

EDIT - breaking back out again I guess on the hourly the BO is valid
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5
  • Post #583,836
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  • Mar 15, 2021 6:37am Mar 15, 2021 6:37am
  •  Moty
  • Joined Dec 2017 | Status: Member | 21,658 Posts | Online Now
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close up
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Name: gu2.png
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1
  • Post #583,837
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  • Mar 15, 2021 6:38am Mar 15, 2021 6:38am
  •  Ihlas
  • Joined Nov 2020 | Status: Member | 2,045 Posts
Just writing another scenario. Will see what happens at the low.
At least, we need to see 1.39150
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1
  • Post #583,838
  • Quote
  • Mar 15, 2021 6:41am Mar 15, 2021 6:41am
  •  Sang.Real
  • | Additional Username | Joined Mar 2020 | 1,607 Posts
Quoting Sang.Real
Disliked
{quote} Hi Chi Forex. Thanks for your valuable post. Here's my chart, which I see this long set up at L.O. Your comment much appreciated. Thanks You Sang Real {image}
Ignored

GU

Scalping long

Support zone

Attached Image (click to enlarge)
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Name: GU 125.jpg
Size: 292 KB
 
 
  • Post #583,839
  • Quote
  • Mar 15, 2021 6:41am Mar 15, 2021 6:41am
  •  TrTT
  • | Membership Revoked | Joined Apr 2020 | 366 Posts
My Take

It could be a potentially Higher Low. I have Buys on. If not We Shall Think Of Selling

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Attached Image

I Will go for much Higher TP Once this is taken Out

Ok See You
 
 
  • Post #583,840
  • Quote
  • Mar 15, 2021 6:44am Mar 15, 2021 6:44am
  •  Student21
  • | Joined Apr 2018 | Status: Member | 208 Posts
Got out of shorts and mini longs. Low vola usually means the crooks are cooking something. Be careful with your entries and all guyz & galz, secure your profits and be wary.
A trader is as good as his stop loss. Understand your mistakes.
 
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