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Cable Update (GBPUSD)

  • #584,121
  • Mar 16, 2021 8:34am Mar 16, 2021 8:34am
Quoting Ihlas
We won't have bumpy ride {image}

Hi Ihlas.

I hope one day be able to draw chart like yours, it looks very professional.

And hope to enter as many lot as your do. Now I can only afford 2% risk of capital to open trade.

Good luck to you and hope you can teach me one day.

Sang Real
  • #584,122
  • Mar 16, 2021 8:36am Mar 16, 2021 8:36am
Quoting Theoak
{quote} Long in again {image}
Hi The Oak.

I toght you said SHORT. ?

Now I'm stuck with my short trade.

Geez.

What shall I do now ?.
  • #584,123
  • Mar 16, 2021 8:38am Mar 16, 2021 8:38am
Quoting Sang.Real
{quote} Hi The Oak. I toght you said SHORT. ? Now I'm stuck with my short trade. Geez. What shall I do now ?.
look to b/e as a possible exit place
Insane in the Brain..
  • #584,124
  • Mar 16, 2021 8:38am Mar 16, 2021 8:38am
30m look like renko chart.
Attached Image (click to enlarge)
Click to Enlarge Name: f4403eeccfc36b1839185320f3eb46bb.png Size: 51 KB
  • #584,125
  • Mar 16, 2021 8:40am Mar 16, 2021 8:40am
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.
Now jumped in ... Couldn't wait for exact 1.3900. now sold at 1.3894, target 1.3850.
Data + Stat + Risk/Emotions Management
  • #584,126
  • Mar 16, 2021 8:40am Mar 16, 2021 8:40am
Hi Brother,
Thank you for your kind words and I am still learning and will learn all the way. Never stop learning. That is very good you have very strict money management. But advice for your. Get rid of SNR trading. That is very useless thing. (If you ask me)
I believe you will be fx billionaire trader .
Wish you all the best
Ihlas (I think you know what it means ihlas)

IMHO(Orderflow/Volume)
  • #584,127
  • Mar 16, 2021 8:45am Mar 16, 2021 8:45am
Quoting BeeTogether
{quote} look to b/e as a possible exit place

Yeah

Its getting ugly now.

Must bail out.



Attached Image (click to enlarge)
Click to Enlarge Name: GU 137.jpg Size: 272 KB
  • #584,128
  • Mar 16, 2021 8:45am Mar 16, 2021 8:45am
Quoting xDREx
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.
Attached Image (click to enlarge)
Click to Enlarge Name: 6fe1b8ff272470e2c5059842e265fd83.png Size: 40 KB
  • #584,129
  • Mar 16, 2021 8:46am Mar 16, 2021 8:46am
Quoting Sang.Real
{quote} Hi The Oak. I toght you said SHORT. ? Now I'm stuck with my short trade. Geez. What shall I do now ?.
I'm short too... Is that a consolation
  • #584,130
  • Mar 16, 2021 8:46am Mar 16, 2021 8:46am
Short term trend – Bullish
Intraday trend – Bullish
Ichimoku Analysis (4-Hour chart)
Tenken-Sen- 91.75
Kijun-Sen- 91.80
US Dollar index is consolidating in a narrow range after hitting a high of 91.96. The surge in US 10- year bond yield is supporting the US dollar at lower levels. US Empire state manufacturing index jumped to 17.4 in Mar, hits the highest level in 8 months compared to a forecast of 12.1. Markets eye US retail sales data for further direction. The index hits an intraday high of 91.97 and is currently trading around 91.883.

The near-term resistance is around 92.25, convincing close above confirms minor bullishness. A jump to 92.76 (161.8% fib)/93 is possible.

The index is trading slightly below 91.60; any indicative break below will take the index to 91.36/90.95/90.50.
Ichimoku analysis- DXY is trading above 4- Hour Tenken-Sen and Kijun –Sen. It is holding below the Ichimoku cloud (91.95).

Indicator (4 Hour chart)

CAM indicator – Bullish

Directional movement index –Bullish

It is good to buy on dips around 91.55-57 with SL around 91 for a TP of 92.50.
  • #584,131
  • Mar 16, 2021 8:47am Mar 16, 2021 8:47am
Quoting Sang.Real
{quote} Yeah Its getting ugly now. Must bail out. {image}
what is the name of the drawing tool?
  • #584,132
  • Mar 16, 2021 8:47am Mar 16, 2021 8:47am
Quoting Sang.Real
{quote} Hi The Oak. I toght you said SHORT. ? Now I'm stuck with my short trade. Geez. What shall I do now ?.
There was a momentum change north, My long target is approx 1.3910.I hope it retraces a bit to get in again, but if it breaks the highs will enter again!!!
Don't trade what you think. Just what you see!!!
  • #584,133
  • Mar 16, 2021 8:49am Mar 16, 2021 8:49am
Anyone got an idea of whats driving this beeline move up? Correlations have all fallen off, the move up is completely straight. Is this some algo hi-jinx

Euro currently having more fun which is unusual
  • #584,134
  • Mar 16, 2021 8:51am Mar 16, 2021 8:51am
Quoting Ihlas
Hi Brother, Thank you for your kind words and I am still learning and will learn all the way. Never stop learning. That is very good you have very strict money management. But advice for your. Get rid of SNR trading. That is very useless thing. (If you ask me) I believe you will be fx billionaire trader . Wish you all the best Ihlas (I think you know what it means ihlas) IMHO(Orderflow/Volume)

Thanks Ihlas.

I know you're professional trader.

At the moment the only method I know how to trade is using Support & Resistant.

Still need to learn and become like you in 10 years.

If I throw my SNR, how do I want to trade ?
  • #584,135
  • Mar 16, 2021 8:51am Mar 16, 2021 8:51am
1.3850th still in play (I think)
dolce vita
  • #584,136
  • Mar 16, 2021 8:52am Mar 16, 2021 8:52am
Quoting Theoak
{quote} There was a momentum change north, My long target is approx 1.3910.I hope it retraces a bit to get in again, but if it breaks the highs will enter again!!!

Thanks The Oak.

I'm still in short trade.

Holding my ball, so I will not pee in my trousers.
  • #584,137
  • Mar 16, 2021 8:54am Mar 16, 2021 8:54am
Quoting gatenio
{quote} what is the name of the drawing tool?
Snagit

Buy Snagit | Snagit | TechSmith
  • #584,138
  • Mar 16, 2021 8:56am Mar 16, 2021 8:56am
Quoting Nd10
{quote} I'm short too... Is that a consolation

Don't follow mr.

I'm Newbie.

You might as well burn your money if you follow me to short GU.

Don't blame me later.

  • #584,139
  • Edited 9:15am Mar 16, 2021 8:56am | Edited 9:15am
Quoting Theoak
{quote} Long in again OUT 9 + 4 pips Will long again if retraces {image} {image}
Long again in at 1.3883

OUT +12 pips hit previous highs - Lets wait for a retrace and in again
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot 2021-03-16 135454.png Size: 41 KB
Click to Enlarge Name: Screenshot 2021-03-16 140744.png Size: 36 KB
Don't trade what you think. Just what you see!!!
  • #584,140
  • Mar 16, 2021 8:57am Mar 16, 2021 8:57am
Quoting Sang.Real
{quote} Thanks The Oak. I'm still in short trade. Holding my ball, so I will not pee in my trousers.
Hold your SHORTS, wouldn't want you to go NAKED

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