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Cable Update (GBPUSD)

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  • Post #584,061
  • Quote
  • Mar 16, 2021 7:28am Mar 16, 2021 7:28am
  •  gettoefl
  • Joined Mar 2013 | Status: Member | 880 Posts
Quoting gettoefl
Disliked
yea bears are good but can you endure the pain up to 13860, am scalping from 13830 til there with impunity
Ignored
well done you bulls
twitter: @gettoefl
 
 
  • Post #584,062
  • Quote
  • Mar 16, 2021 7:29am Mar 16, 2021 7:29am
  •  Headland
  • Joined Apr 2020 | Status: trading | 4,984 Posts
... 5th consecutive 30min bullish body close in 1min or less...1hr below.

On 4hr we could see pot sbr anywhere to 3883?
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Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
 
1
  • Post #584,063
  • Quote
  • Mar 16, 2021 7:29am Mar 16, 2021 7:29am
  •  Student21
  • | Joined Apr 2018 | Status: Member | 208 Posts
Quoting mysterio
Disliked
{quote} Yea I think dollar has to pull back here so 1.3850 not bad for a short, also S1/YL, maybe positive USD retail data will help the push down? Could go either way staying out for now Looks like I missed both moves today, no bueno
Ignored
yaa but no bueno is losing money no worries yours is bueno enough imho.i mean i actually prefer being late than early and am working on that. Right now am looking for more short until 1.3879 (i have a channel and might be a pivot there too) and short to 1.383 but hey if i see a lot of strength for the up I am going in on a good correction, maybe not even that good lets see. I found by my own pain that going on the train with a tight SL is so much easier than against it...but my nature and ego i think want to be always right and contrarian...
A trader is as good as his stop loss. Understand your mistakes.
 
 
  • Post #584,064
  • Quote
  • Mar 16, 2021 7:31am Mar 16, 2021 7:31am
  •  coolmakina
  • Joined Apr 2013 | Status: Member | 1,926 Posts
Quoting mysterio
Disliked
{quote} Yea I think dollar has to pull back here so 1.3850 not bad for a short, also S1/YL, maybe positive USD retail data will help the push down? Could go either way staying out for now Looks like I missed both moves today, no bueno
Ignored
today i had the luck of being sleeping during LO.
i just wake up in perfect time to long at 1.38133...
feel lucky today1
If you don't know how to earn money, don't loose it.
 
3
  • Post #584,065
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  • Mar 16, 2021 7:31am Mar 16, 2021 7:31am
  •  ChiForex
  • Joined Jan 2019 | Status: Member | 1,035 Posts
Quoting ChiForex
Disliked
{quote} Target met..buy order executed Tp 1.3890-00s and sell again, SL base below 1.38
Ignored
Perfect if can reach there before US data.
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
 
 
  • Post #584,066
  • Quote
  • Mar 16, 2021 7:32am Mar 16, 2021 7:32am
  •  Georginson
  • Joined Aug 2018 | Status: Veteran | 3,329 Posts
Quoting Georginson
Disliked
{quote} INTRADAY Second buy limit set at 1.3805, I expect a bounce in the short term to 1.3920/1.3960 area before further fall to 1.3650 area this March as far as 1.4050 doesn't break. SWING short entry from 1.3950 still in place for a target of 1.3650.
Ignored
Buy from 1.3845 manually closed at 1.3858... stand aside and reassess.
Swing and Intraday
 
1
  • Post #584,067
  • Quote
  • Mar 16, 2021 7:33am Mar 16, 2021 7:33am
  •  Nd10
  • Joined Mar 2019 | Status: Member | 1,374 Posts
Quoting Georginson
Disliked
{quote} Buy from 1.3845 manually closed at 1.3858... stand aside and reassess.
Ignored

you trade very well. Cheers. Your byy limit which was same as mine didn't trigger
 
 
  • Post #584,068
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  • Mar 16, 2021 7:38am Mar 16, 2021 7:38am
  •  babayaga
  • Joined Aug 2010 | Status: Member | 2,471 Posts
added to losing pos.., 1.3860
dolce vita
 
2
  • Post #584,069
  • Quote
  • Mar 16, 2021 7:39am Mar 16, 2021 7:39am
  •  mysterio
  • Joined Sep 2009 | Status: Member | 5,441 Posts
Selling now at 1.3861 in the 1h supply created this morning, we're testing the TL we broke yesterday on dxy too. Will set stop to BE asap

TP open, see what happens. If it goes a few pips against me i'll prob close
 
1
  • Post #584,070
  • Quote
  • Mar 16, 2021 7:39am Mar 16, 2021 7:39am
  •  Georginson
  • Joined Aug 2018 | Status: Veteran | 3,329 Posts
Quoting Nd10
Disliked
{quote} you trade very well. Cheers. Your buy limit which was same as mine didn't trigger
Ignored
The buy limit is still in place at 1.3805. price can attack either 1.3900 or 1.3800 today... Will buy at 1.3805 or sell again at 1.3900 today for INTRADAY.
Swing and Intraday
 
4
  • Post #584,071
  • Quote
  • Mar 16, 2021 7:41am Mar 16, 2021 7:41am
  •  KingLi
  • | Joined Aug 2020 | Status: Member | 73 Posts
Quoting KingLi
Disliked
{image}
Ignored
closed with 0.5 R, cuz I have a meeting and I don't want to think about my trades
Do more of what works and less of what doesn't
 
 
  • Post #584,072
  • Quote
  • Mar 16, 2021 7:44am Mar 16, 2021 7:44am
  •  coolmakina
  • Joined Apr 2013 | Status: Member | 1,926 Posts
Quoting mysterio
Disliked
Selling now at 1.3861 in the 1h supply created this morning, we're testing the TL we broke yesterday on dxy too. Will set stop to BE asap TP open, see what happens. If it goes a few pips against me i'll prob close
Ignored
well spotted.
DS1 is at 1.38633 (previous support can turn into resistance).
i will keep my long trail and let it close itself if in fact reverses down.
also 1/3 atr...
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If you don't know how to earn money, don't loose it.
 
1
  • Post #584,073
  • Quote
  • Mar 16, 2021 7:44am Mar 16, 2021 7:44am
  •  Ihlas
  • Joined Nov 2020 | Status: Member | 2,045 Posts | Online Now
IMHO only up
Need to study EW. It will help a lot. Have a good day.
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1
  • Post #584,074
  • Quote
  • Mar 16, 2021 7:45am Mar 16, 2021 7:45am
  •  Sang.Real
  • | Additional Username | Joined Mar 2020 | 1,607 Posts
Quoting Sang.Real
Disliked
{quote} GU First Scalping target/ Gap Closed Thanks for the help from Professional Traders in this thread. The scalping trade went well. Wait for price action on the next move. Using Support & Resistant Strategy. Consolidation/Fake Out/SL Hunt ?. Approaching YL at SNR Zone. Closing the gap TP/Hold for next set up .? Any suggestion ? {image}
Ignored

GU

Closed all scalping position

Wait & Analyse next set up.

New York open will complete the set up

Using Support & Resistant.


All the best & Trade Wisely

Sang Real

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7
  • Post #584,075
  • Quote
  • Mar 16, 2021 7:46am Mar 16, 2021 7:46am
  •  Ilvez
  • Joined May 2020 | Status: Just looking | 500 Posts
Not sure its good place to sell, too much 15M green candles building up.

Just hate when price turns in ahead of the planned buy zone...but it usually does make ones life complicated

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Quoting mysterio
Disliked
Selling now at 1.3861 in the 1h supply created this morning, we're testing the TL we broke yesterday on dxy too. Will set stop to BE asap TP open, see what happens. If it goes a few pips against me i'll prob close
Ignored
 
 
  • Post #584,076
  • Quote
  • Mar 16, 2021 7:48am Mar 16, 2021 7:48am
  •  Moty
  • Joined Dec 2017 | Status: Member | 21,566 Posts | Online Now
Dx got toasted is
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  • Post #584,077
  • Quote
  • Mar 16, 2021 7:50am Mar 16, 2021 7:50am
  •  Headland
  • Joined Apr 2020 | Status: trading | 4,984 Posts
...now or never for the 15min bearish hidden div present lol!! G/L to those already short.
Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
 
1
  • Post #584,078
  • Quote
  • Mar 16, 2021 7:51am Mar 16, 2021 7:51am
  •  mysterio
  • Joined Sep 2009 | Status: Member | 5,441 Posts
Quoting Ilvez
Disliked
Not sure its good place to sell, too much 15M green candles building up. Just hate when price turns in ahead of the planned buy zone...but it usually does make ones life complicated {image} {quote}
Ignored
Yea I swallowed -5

I have zero patience! Will wait for any moves to be confirmed in future.

Dollar getting hammered, not sure why
 
2
  • Post #584,079
  • Quote
  • Mar 16, 2021 7:55am Mar 16, 2021 7:55am
  •  coolmakina
  • Joined Apr 2013 | Status: Member | 1,926 Posts
Quoting mysterio
Disliked
{quote} Yea I swallowed -5 I have zero patience! Will wait for any moves to be confirmed in future. Dollar getting hammered, not sure why
Ignored
Oh, is just cause i'm long.
LOL
If you don't know how to earn money, don't loose it.
 
2
  • Post #584,080
  • Quote
  • Mar 16, 2021 7:56am Mar 16, 2021 7:56am
  •  Nd10
  • Joined Mar 2019 | Status: Member | 1,374 Posts
Quoting Sang.Real
Disliked
{quote} GU Closed all scalping position Wait & Analyse next set up. New York open will complete the set up Using Support & Resistant. All the best & Trade Wisely Sang Real {image}
Ignored
Today has been fastastically good for you. Cheers
 
 
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