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Cable Update (GBPUSD)

  • #584,101
  • Mar 16, 2021 7:58am Mar 16, 2021 7:58am
We won't have bumpy ride
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  • #584,102
  • Mar 16, 2021 7:58am Mar 16, 2021 7:58am
we see bullish engulfing?
Next 4H important for price direction.
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  • #584,103
  • Mar 16, 2021 7:59am Mar 16, 2021 7:59am
Euro falling off a cliff off the back of the news. Surprised GU isn't being dragged down. Shorting again from 1.3879 as we still haven't broken above the TL we broke. I don't know what target the bulls are trying to hit they're being pretty stubborn. Stop at BE again
  • #584,104
  • Mar 16, 2021 8:00am Mar 16, 2021 8:00am
she came to 23.6 fib
now?
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dolce vita
  • #584,105
  • Mar 16, 2021 8:02am Mar 16, 2021 8:02am
Quoting babayaga
she came to 23.6 fib now? {image}
to 1.35 (???)
fib 423.6

dolce vita
  • #584,106
  • Mar 16, 2021 8:05am Mar 16, 2021 8:05am
Quoting mysterio
Euro falling off a cliff off the back of the news. Surprised GU isn't being dragged down.
GU likely to follow in these areas. sensing a huge wave south this time
  • #584,107
  • Mar 16, 2021 8:07am Mar 16, 2021 8:07am
I will wait to see what will happen
( will close with lose, doesn't matter )

btw, she has to return to 1.3850th, I expect at least this

let's see
dolce vita
  • #584,108
  • Mar 16, 2021 8:08am Mar 16, 2021 8:08am
gain 70 pips.. then got smacked 20 pips... not wonderfull day
Trade with prediction = witch with her visions lol
  • #584,109
  • Mar 16, 2021 8:10am Mar 16, 2021 8:10am
It is one of those days to stay out of the market as no clear direction, unless your scalping.
Follow The Markets Structure - Patience and Discipline
  • #584,110
  • Mar 16, 2021 8:11am Mar 16, 2021 8:11am
Quoting mysterio
Euro falling off a cliff off the back of the news. Surprised GU isn't being dragged down. Shorting again from 1.3879 as we still haven't broken above the TL we broke. I don't know what target the bulls are trying to hit they're being pretty stubborn. Stop at BE again
was that the US retail sales data?
Insane in the Brain..
  • #584,111
  • Mar 16, 2021 8:13am Mar 16, 2021 8:13am
Quoting BeeTogether
{quote} was that the US retail sales data?
Yea, they were below forecast. Dollar had an impressive drop the hour before and recovered post news when yields shot up
  • #584,112
  • Mar 16, 2021 8:13am Mar 16, 2021 8:13am
Quoting ChiForex
{quote} Target met..buy order executed Tp 1.3890-00s and sell again, SL base below 1.38
Exited at 1.3880 Too good to be true to close way above on daily after hitting 1.3800s
Probably down again to sideways. Anyways will wait for daily close or sell 1.3940s if hits..
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #584,113
  • Mar 16, 2021 8:17am Mar 16, 2021 8:17am
Quoting mysterio
{quote} Yea, they were below forecast. Dollar had an impressive drop the hour before and recovered post news when yields shot up
I thought negative news would help the bulls..

February Retail Sales Miss Expectations in Stimulus Check Interlude, USD Stronger: https://www.dailyfx.com/forex/market...r.html/webview
Insane in the Brain..
  • #584,114
  • Mar 16, 2021 8:24am Mar 16, 2021 8:24am
Quoting Sang.Real
{quote} Camel just before race and given three setriod shot. Failed to race {image}
Looks like I could do with a couple of shots!!!!
Don't trade what you think. Just what you see!!!
  • #584,115
  • Mar 16, 2021 8:24am Mar 16, 2021 8:24am
The croocks are really playing with me today
I lost my edge
Rest of the usd down ,the rest up
Switched again to long goldi to 1740
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yes yes yes
  • #584,116
  • Mar 16, 2021 8:26am Mar 16, 2021 8:26am
im starting to build shorts,
first one 1.3883
second will be 1.3905
third 1.393
  • #584,117
  • Mar 16, 2021 8:28am Mar 16, 2021 8:28am
IMO whichever yellowzone breaks first will make way for blue zone, hope to see it before end of the week. Otherwise we will be in a 200 pip ranging market for 3 weeks.
  • #584,118
  • Mar 16, 2021 8:28am Mar 16, 2021 8:28am
Quoting Sang.Real
GU How bout this set up?. Any view or comment are welcome to help Newbie Thank You so much {image}

GU

Short Scalping.

I hope that's is aright....

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  • #584,119
  • Mar 16, 2021 8:30am Mar 16, 2021 8:30am
2 big news really help pound atm.
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #584,120
  • Mar 16, 2021 8:31am Mar 16, 2021 8:31am
Quoting Theoak
{quote} Change of plan. Long in at 1.3880 target 10 pips OUT + 30 pips - ADDED TO TWO MORE LONGS- HOPE FOR IT TO PULL BACK AND WILL LONG AGAIN {image} {image}
Long in again

OUT 9 + 4 pips

Will long again if retraces
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Don't trade what you think. Just what you see!!!
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