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Cable Update (GBPUSD)

  • #584,061
  • Mar 16, 2021 6:39am Mar 16, 2021 6:39am
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
  • #584,062
  • Mar 16, 2021 6:39am Mar 16, 2021 6:39am
Quoting Nd10
{quote} you trade very well. Cheers. Your buy limit which was same as mine didn't trigger
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.
Data + Stat + Risk/Emotions Management
  • #584,063
  • Mar 16, 2021 6:41am Mar 16, 2021 6:41am
Quoting KingLi
{image}
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
  • #584,064
  • Mar 16, 2021 6:44am Mar 16, 2021 6:44am
Quoting mysterio
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
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.
  • #584,065
  • Mar 16, 2021 6:44am Mar 16, 2021 6:44am
IMHO only up
Need to study EW. It will help a lot. Have a good day.
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  • #584,066
  • Mar 16, 2021 6:45am Mar 16, 2021 6:45am
Quoting Sang.Real
{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}

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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  • #584,067
  • Mar 16, 2021 6:46am Mar 16, 2021 6:46am
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
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
  • #584,068
  • Mar 16, 2021 6:48am Mar 16, 2021 6:48am
Dx got toasted is
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yes yes yes
  • #584,069
  • Mar 16, 2021 6:50am Mar 16, 2021 6:50am
...now or never for the 15min bearish hidden div present lol!! G/L to those already short.
Trader with an Edge.
  • #584,070
  • Mar 16, 2021 6:51am Mar 16, 2021 6:51am
Quoting Ilvez
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}
Yea I swallowed -5

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

Dollar getting hammered, not sure why
  • #584,071
  • Mar 16, 2021 6:55am Mar 16, 2021 6:55am
Quoting mysterio
{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
Oh, is just cause i'm long.
LOL
If you don't know how to earn money, don't loose it.
  • #584,072
  • Mar 16, 2021 6:56am Mar 16, 2021 6:56am
Quoting Sang.Real
{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}
Today has been fastastically good for you. Cheers
  • #584,073
  • Mar 16, 2021 6:57am Mar 16, 2021 6:57am
Where's the divergence? On DXY?

Quoting Headland
...now or never for the 15min bearish hidden div present lol!! G/L to those already short.
  • #584,074
  • Mar 16, 2021 6:57am Mar 16, 2021 6:57am
Quoting Georginson
{quote} 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.
Well I removed mine. Let's see what the news does first
  • #584,075
  • Mar 16, 2021 6:58am Mar 16, 2021 6:58am
I see divergence on the MACD histogram on GU 5m

There was also a very nice bullish divergence for that move this morning but I've been looking at it less and less lately.

Alright, I'm back in short with stop at BE

And out BE
  • #584,076
  • Mar 16, 2021 7:00am Mar 16, 2021 7:00am
Quoting Nd10
{quote} Today has been fastastically good for you. Cheers


Beginners (Newbie) Luck.
  • #584,077
  • Mar 16, 2021 7:00am Mar 16, 2021 7:00am
... 6th consec bullish bodied 30min close....1hr is below.
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Trader with an Edge.
  • #584,078
  • Mar 16, 2021 7:02am Mar 16, 2021 7:02am
m5 divergence, seen it.
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If you don't know how to earn money, don't loose it.
  • #584,079
  • Mar 16, 2021 7:11am Mar 16, 2021 7:11am
Quoting Sang.Real
{quote} Beginners (Newbie) Luck.

Maadik Hugiis. IQ 69.
  • #584,080
  • Mar 16, 2021 7:15am Mar 16, 2021 7:15am
Quoting Ilvez
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}
Ilvez, the DX index is unable to take out 92 level for the 3rd day in the row...
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Targets after bullish Gartley/Crab patterns...
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Always trade your own plan...I don't provide trading signals.
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