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Cable Update (GBPUSD)

  • #583,941
  • Mar 15, 2021 2:55pm Mar 15, 2021 2:55pm
Quoting babayaga
{quote} thank you it 's always question "what comes first"? I think now 1727 & 1732 are in play let's see

It looks like it will. May be even 1739
IMHO
  • #583,942
  • Mar 15, 2021 2:55pm Mar 15, 2021 2:55pm
Quoting Hutch
{quote} Trades that don't work make only a small number of pips {image}
HAHA Thats the name of any business if you want to do it successfully Take small profit go out Go for Big Profit Go out
  • #583,943
  • Mar 15, 2021 3:18pm Mar 15, 2021 3:18pm
Quoting TrTT
{quote} HAHA Thats the name of any business if you want to do it successfully Take small profit go out Go for Big Profit Go out
I like to trade using 20 pips trailing stops sometime it works sometimes it doesn't.
  • #583,944
  • Mar 15, 2021 3:20pm Mar 15, 2021 3:20pm
she wanted 1.39 at any cost
she got it
now what?
dolce vita
  • #583,945
  • Mar 15, 2021 3:29pm Mar 15, 2021 3:29pm
Quoting babayaga
she wanted 1.39 at any cost she got it now what?
i took short
Trade with prediction = witch with her visions lol
  • #583,946
  • Mar 15, 2021 3:34pm Mar 15, 2021 3:34pm
Quoting babayaga
she wanted 1.39 at any cost she got it now what?
I entered a short trade just above 1.39. Round number retraces a definite for me with momentum. Cheers.
Trade to trade another day
  • #583,947
  • Mar 15, 2021 3:37pm Mar 15, 2021 3:37pm
19hrs & 11hrs ago I give ground zero, 1 39429 very good resistance 1st time it drop 48pips 2nd time it drop 91 pips!! reading post both times most were buying, later they post with lots of winning trades??? BS, anyway she now held by 1 3900 psych level, too much bs some times
If you are new to Forex? Say Goodbye to your account!!
  • #583,948
  • Mar 15, 2021 3:51pm Mar 15, 2021 3:51pm
Gonna wait until Asia starts, I have a feeling it will creep up to the 0.618 retrace 1.39125 before dropping
  • #583,949
  • Mar 15, 2021 4:26pm Mar 15, 2021 4:26pm
Quoting KiwiTrada
cad testing previous lows zone 1 2466 could prove very interesting, the lows go right out to monthly, been a massive bear train, looking fo signs of bulls / reveresal??
sort of indication hrly has weak inverted H&S 4hr ugly daily doji, this could become reversal pattern time will tell, I am trading it, r/r is excellent, entry was cheap:-) small gap to close right now, if it does I will be adding entry
If you are new to Forex? Say Goodbye to your account!!
  • #583,950
  • Mar 15, 2021 4:35pm Mar 15, 2021 4:35pm
hello hello,
  • #583,951
  • Mar 15, 2021 4:37pm Mar 15, 2021 4:37pm
Today a repeat of Friday in a way...strong down move and strong bounce up off support....smaller pip range but essentially the same thing. 1hr is below, price challenging that prev 1hr sw hi then lo zone = prev supp = pot sbr @ the new dly pivot (gmt+3 daylight savings broker time now) and the 50% of the move down today.

Spike down on current 1hr candle is broker spread widening on their new day open.
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Trader with an Edge.
  • #583,952
  • Mar 15, 2021 5:41pm Mar 15, 2021 5:41pm
Quoting babayaga
she wanted 1.39 at any cost she got it now what?
that's DPP
dolce vita
  • #583,953
  • Mar 15, 2021 5:57pm Mar 15, 2021 5:57pm
Quoting Sang.Real
GU Scalping short SNR rejection Level {image}

GU

Waiting for Tokyo

Waiting for price action at SNR Level.
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  • #583,954
  • Mar 15, 2021 6:20pm Mar 15, 2021 6:20pm
Today seems a drop to 1.3800s in the cards, this time taking EU with it, while base above 1.3910 and we're probably back to 1.3940s
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #583,955
  • Mar 15, 2021 6:47pm Mar 15, 2021 6:47pm
Quoting babayaga
she wanted 1.39 at any cost she got it now what?
3800!!!!
If you are new to Forex? Say Goodbye to your account!!
  • #583,956
  • Mar 15, 2021 7:31pm Mar 15, 2021 7:31pm
Quoting KiwiTrada
{quote} 3800!!!!
she has to break 1.3828 first

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we are in the middle of classic PP
"worst case scenario"

possible targets for two Wolfe W patterns.,, 1.3800th (down), 1.3990 (up)

we never know what a day will bring us...

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dolce vita
  • #583,957
  • Mar 15, 2021 7:43pm Mar 15, 2021 7:43pm
in addition
from myfxbook
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neither does help
dolce vita
  • #583,958
  • Mar 15, 2021 7:56pm Mar 15, 2021 7:56pm
Inserted Video


see you later
dolce vita
  • #583,959
  • Mar 15, 2021 8:41pm Mar 15, 2021 8:41pm
Quoting babayaga
{quote} she has to break 1.3828 first {image} {image} we are in the middle of classic PP "worst case scenario" possible targets for two Wolfe W patterns.,, 1.3800th (down), 1.3990 (up) we never know what a day will bring us... {image}
39 - 38 is only 100 pips, if I was targeting 3800 , 38518 is 4hr previous low(and doji), 1st eyeball, 3828 is as good a time as any to get out, however if target is lower partial and trailing stop 38518ish I would prefer, that 4hr doji needs negating first
If you are new to Forex? Say Goodbye to your account!!
  • #583,960
  • Edited 11:11pm Mar 15, 2021 10:15pm | Edited 11:11pm
Good morning Everybody
Interesting situation is being played out
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