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Cable Update (GBPUSD)

  • #583,961
  • Mar 15, 2021 10:56pm Mar 15, 2021 10:56pm
Quoting KiwiTrada
{quote} 3800!!!!
how do you see the situation with gold..
yesterday 13 points range .. waiting for fomc?
  • #583,962
  • Mar 15, 2021 11:42pm Mar 15, 2021 11:42pm
Quoting KiwiTrada
{quote} 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
hrly looking a little better, time of day not helping, 4hr is now diamond, yesterdays daily doji still influencing pa, patience patience
If you are new to Forex? Say Goodbye to your account!!
  • #583,963
  • Edited Mar 16, 2021 12:09am Mar 15, 2021 11:48pm | Edited Mar 16, 2021 12:09am
Quoting gatenio
{quote} how do you see the situation with gold.. yesterday 13 points range .. waiting for fomc?
edited
only real data tomorrow morning, gold 4hr is in resistance zone top of present range, 1734 20 1 tapping now, bottom of range 1733 71 is bear pennant presently, so sticking with shorts until top of range is broken
If you are new to Forex? Say Goodbye to your account!!
  • #583,964
  • Mar 15, 2021 11:59pm Mar 15, 2021 11:59pm
Quoting KiwiTrada
{quote} only real data tomorrow morning, gold 4hr is in resistance zone top of present range, 1734 20 tapping now, bottom of range 1733 71 is bear pennant presently, so sticking with shorts until top of range is broken
edited
gold 1739 06 - 1747 36 is my marker resistance, it was previous resistance march april may last year
If you are new to Forex? Say Goodbye to your account!!
  • #583,965
  • Mar 16, 2021 12:24am Mar 16, 2021 12:24am
Quoting gatenio
{quote} how do you see the situation with gold.. yesterday 13 points range .. waiting for fomc?
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yes yes yes
  • #583,966
  • Edited 1:19am Mar 16, 2021 12:37am | Edited 1:19am
1.38526-1.28628 supported
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yes yes yes
  • #583,967
  • Mar 16, 2021 1:20am Mar 16, 2021 1:20am
Quoting Sang.Real
{quote} GU Waiting for Tokyo Waiting for price action at SNR Level. {image}
GU

My view on this pair

Just to share my view.

Can price fill up the gap later this week or tomorrow ?.

Need to monitor the price action

Maintain one position at the moment.

Any view or comment are welcome for educational purposes only.

Thanks

Sang Real

Attached Image (click to enlarge)
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  • #583,968
  • Edited 1:41am Mar 16, 2021 1:20am | Edited 1:41am
buying between 3372 and 3350

EDIT : between 3870 and 3850
Intraday only.
  • #583,969
  • Mar 16, 2021 1:25am Mar 16, 2021 1:25am
Quoting navk
buying between 3372 and 3350
you mean 3850 3872?
  • #583,970
  • Mar 16, 2021 1:31am Mar 16, 2021 1:31am
Quoting navk
buying between 3372 and 3350
Thanks Navk.

Deep fall if not free fall.

Will scalp my way and all the way to the bottom.

Attached Image (click to enlarge)
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  • #583,971
  • Mar 16, 2021 1:36am Mar 16, 2021 1:36am
Quoting babayaga
in addition from myfxbook{image} neither does help
from myfxbook

during asian session it's changed a little bit ( position swapped their places )

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do we feel better now?

dolce vita
  • #583,972
  • Mar 16, 2021 1:41am Mar 16, 2021 1:41am
Quoting Sang.Real
{quote} Thanks Navk. Deep fall if not free fall. Will scalp my way and all the way to the bottom. {image}
made error in numbers.

i mean buying between 3870 and 3850
Intraday only.
  • #583,973
  • Edited 2:11am Mar 16, 2021 1:43am | Edited 2:11am
Quoting mysterio
Maybe a shorting opp here depending on conf. 0.618 retrace, new supply, TL retest Edit - ended up taking it just below 1.39, stop at BE It's also an M pattern which means down, the bounce was the retrace leg edit- out BE {image} {image} {image}
Touched my zone/weekly pivot then dropped without me unfortunately Expecting more down but won't take it here, lets see how it plays out this morning

I think a bounce is possible between 1.3827-45

Buy zone for yields so I expect dollar to rise
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  • #583,974
  • Mar 16, 2021 1:49am Mar 16, 2021 1:49am
Quoting Moty
{quote} {image} {image}
we have to pay attention
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dolce vita
  • #583,975
  • Mar 16, 2021 1:52am Mar 16, 2021 1:52am
Quoting KiwiTrada
{quote} 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
thank you

"39-38 is only 100 pips"
I like it
let's see
dolce vita
  • #583,976
  • Mar 16, 2021 2:06am Mar 16, 2021 2:06am
Bought at 1.3845 target 1.3900
Data + Stat + Risk/Emotions Management
  • #583,977
  • Mar 16, 2021 2:06am Mar 16, 2021 2:06am
last support before full meltdown 1.38449
Attached Image (click to enlarge)
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yes yes yes
  • #583,978
  • Mar 16, 2021 2:25am Mar 16, 2021 2:25am
https://www.mql5.com/en/charts/13619...-group-limited
  • #583,979
  • Mar 16, 2021 2:25am Mar 16, 2021 2:25am
will she break 1.3828 ???
my target is 1.3827 (one of..)
dolce vita
  • #583,980
  • Mar 16, 2021 2:25am Mar 16, 2021 2:25am
Quoting dimitricss
{quote} i took short
wonderfull melt down... close here from 3897
Trade with prediction = witch with her visions lol
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