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Cable Update (GBPUSD)

  • #583,821
  • Mar 15, 2021 4:34am Mar 15, 2021 4:34am
Gbpaud also a good buy
  • #583,822
  • Mar 15, 2021 4:36am Mar 15, 2021 4:36am
Quoting Moty
building up before a bulls run {image} {image}
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.
  • #583,823
  • Mar 15, 2021 4:39am Mar 15, 2021 4:39am
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
Attached Image (click to enlarge)
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dolce vita
  • #583,824
  • Mar 15, 2021 4:40am Mar 15, 2021 4:40am
Quoting Student21
{quote} Out at small profit, sitting on me hands, looking maybe for a short around 1.396, depends also on the PA.
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
  • #583,825
  • Mar 15, 2021 5:13am Mar 15, 2021 5:13am
Quoting Sang.Real
{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}
INVERSE H & S
  • #583,826
  • Mar 15, 2021 5:17am Mar 15, 2021 5:17am
...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.
Attached Image (click to enlarge)
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Trader with an Edge.
  • #583,827
  • Edited 5:50am Mar 15, 2021 5:20am | Edited 5:50am
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
Attached Image (click to enlarge)
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  • #583,828
  • Mar 15, 2021 5:37am Mar 15, 2021 5:37am
Attached Image (click to enlarge)
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close up
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yes yes yes
  • #583,829
  • Mar 15, 2021 5:38am Mar 15, 2021 5:38am
Just writing another scenario. Will see what happens at the low.
At least, we need to see 1.39150
Attached Image (click to enlarge)
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  • #583,830
  • Mar 15, 2021 5:41am Mar 15, 2021 5:41am
Quoting Sang.Real
{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}

GU

Scalping long

Support zone

Attached Image (click to enlarge)
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  • #583,831
  • Mar 15, 2021 5:41am Mar 15, 2021 5:41am
My Take

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

Attached Image (click to enlarge)
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Attached Image

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

Ok See You
  • #583,832
  • Mar 15, 2021 5:44am Mar 15, 2021 5:44am
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.
  • #583,833
  • Mar 15, 2021 5:52am Mar 15, 2021 5:52am
Ok

To all Good Traders Here

I have a query

Any MT4 To MT5 Copier for Free Do you know of

Thank you to provide the link

Must be operational

Ok See You

Only Constructive Responses
  • #583,834
  • Mar 15, 2021 5:54am Mar 15, 2021 5:54am
Quoting Headland
.... 5min bullish hidden div present now - may be good as long as price stays above 3914, but 30min/1hr is rangy now not trending. {image}
The 5min bullish hidden div is as 5min below. It came @ a LL on 5min this coexisting with a pot HL on 30min/1hr so not optimum re 5min and therefore less chance of a follow thru to a new dly hi, also because 30/1hr wasn't trending at entry (on the 1min reg bullsih div set-up.) That doesn't mean it won't though - just lower in probability. It's effectively an entry to a next higher t/f range after a pullback not a next higher t/f trend after a pullback!
Attached Image (click to enlarge)
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Trader with an Edge.
  • #583,835
  • Mar 15, 2021 5:54am Mar 15, 2021 5:54am
Quoting TrTT
Ok To all Good Traders Here I have a query Any MT4 To MT5 Copier for Free Do you know of Thank you to provide the link Must be operational Ok See You Only Constructive Responses

Look for the fxblue website. You can find something there
  • #583,836
  • Mar 15, 2021 6:00am Mar 15, 2021 6:00am
Quoting Ihlas
{quote} Look for the fxblue website. You can find something there
AAH Got you. I know that I checked it out. I am currently in a faraway place where I am using a little bit old laptop where I dont have 64 bit installed in my system here. Only 32 bit and the FX Blue reads this way.

Attached Image (click to enlarge)
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So Now any other Options

Thank You
  • #583,837
  • Mar 15, 2021 6:06am Mar 15, 2021 6:06am
Quoting RCtrader
Go my wonderful bears and bring me the pips!
Today, my bears did not have the strength to push the price lower, but the day is not over yet.
Risk Management is of utmost importance!
  • #583,838
  • Mar 15, 2021 6:14am Mar 15, 2021 6:14am
Quoting TrTT
{quote} AAH Got you. I know that I checked it out. I am currently in a faraway place where I am using a little bit old laptop where I dont have 64 bit installed in my system here. Only 32 bit and the FX Blue reads this way. {image} So Now any other Options Thank You

I don't have any idea
  • #583,839
  • Mar 15, 2021 6:19am Mar 15, 2021 6:19am
Quoting mysterio
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 {image}
Hi Mysterio

No it wasn't a stop hunt, forget that theory. It would have been one big player removing all local sellers by buying hard to control the order flow ledge. They wanted to be the major and primary seller when price turned down.

You can see they were successful as price is bearish at present. I would be selling.

Cheers
Trading thin liquidity at the boundary of the charts
  • #583,840
  • Mar 15, 2021 6:22am Mar 15, 2021 6:22am
added sell again at 1.3924 with TP 1.3894
watching for 1.3913 & 1.3934, witch will be break first
Attached Image (click to enlarge)
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dolce vita
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