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Cable Update (GBPUSD)

  • #584,141
  • Mar 16, 2021 8:58am Mar 16, 2021 8:58am
Quoting Sang.Real
{quote} 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.

. Already on short. Don't worry about burning OK? My comment was only to tell you that you are not the only one on short OK. My bad adding consolation.
  • #584,142
  • Mar 16, 2021 8:59am Mar 16, 2021 8:59am
EurGbp is burning me real bad. I might dump this pair soon as i dumped gold
  • #584,143
  • Mar 16, 2021 9:01am Mar 16, 2021 9:01am
Quoting Sang.Real
{quote} 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 ?

I don't call myself professional. But you can expedite your learning even within 1-2 years. Just be choosy when you read or study. Anyway you are doing great. Just analyze what you have done wrong and why. I am 26 and I have a lot to learn too.
  • #584,144
  • Mar 16, 2021 9:04am Mar 16, 2021 9:04am
They call it bear I call it bull.
Will wait and see.
Attached Image (click to enlarge)
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  • #584,145
  • Mar 16, 2021 9:12am Mar 16, 2021 9:12am
Quoting Ihlas
They call it bear I call it bull. Will wait and see. {image}
looks too perfect to be a DB. EU looks like it will dump pretty badly. (My guess)
  • #584,146
  • Mar 16, 2021 9:13am Mar 16, 2021 9:13am
Quoting BeeTogether
{quote} look to b/e as a possible exit place

Hi Bee ToGether

Or I can make it worse.

Add more short ( Sell Stop)

By doing this I hope price will go down faster.

Or I will loose 1.5%.SL

Attached Image (click to enlarge)
Click to Enlarge Name: gu 139.jpg Size: 301 KB
  • #584,147
  • Mar 16, 2021 9:16am Mar 16, 2021 9:16am
Quoting ruben247
{quote} looks too perfect to be a DB. EU looks like it will dump pretty badly. (My guess)

Let's wait and see patiently
  • #584,148
  • Mar 16, 2021 9:16am Mar 16, 2021 9:16am
THE ONLY WAY IS UP
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yes yes yes
  • #584,149
  • Mar 16, 2021 9:17am Mar 16, 2021 9:17am
still in
Attached Image (click to enlarge)
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dolce vita
  • #584,150
  • Mar 16, 2021 9:17am Mar 16, 2021 9:17am
Quoting Ilvez
Where's the divergence? On DXY? {quote}

Sorry, I missed your question - was away from the desk after finishing own trading session. No, it was 15min bearish hidden div on gbpusd - good so long as price stayed below 3875 as mentioned earlier - which it didn't by the time it gave a bearish bodied hammer trigger on close of 1215pm gmt 15min candle the hi was 3877 so the divergence was invalidated.
------------------------------------------

Just updating charts. Another 'in character' strong bounce after the strong down-move earlier, this has been the character of the drop since 4242 and from 4005 particularly. 61.8% of the 3950 move to today's current 3809 lo @ the current pullback hi.

1hr is below.
Attached Image (click to enlarge)
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Trader with an Edge.
  • #584,151
  • Mar 16, 2021 9:20am Mar 16, 2021 9:20am
Quoting Moty
THE ONLY WAY IS UP {image} {image} {image}
Inserted Video
  • #584,152
  • Mar 16, 2021 9:24am Mar 16, 2021 9:24am
fib retracement: 23.6%,then 9% , could lead to 50% retr.
I'd like to see it
dolce vita
  • #584,153
  • Mar 16, 2021 9:28am Mar 16, 2021 9:28am
Quoting babayaga
still in {image}

Will it break? Just a matter of time
HIT
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDH1.png Size: 59 KB
  • #584,154
  • Mar 16, 2021 9:28am Mar 16, 2021 9:28am
Quoting Sang.Real
{quote} Hi Bee ToGether Or I can make it worse. Add more short ( Sell Stop) By doing this I hope price will go down faster. Or I will loose 1.5%.SL {image}
what was your entry point? I sometimes hedge trades to get an easier b/e. Works sometimes but risk losing more
Insane in the Brain..
  • #584,155
  • Mar 16, 2021 9:30am Mar 16, 2021 9:30am
Quoting Ihlas
{quote} https://www.youtube.com/watch?v=y2ak_oBeC-I
I like this track better
Inserted Video


  • #584,156
  • Mar 16, 2021 9:32am Mar 16, 2021 9:32am
Quoting ruben247
{quote} I like this track better https://www.youtube.com/watch?v=YXSpXO4N-tI

Tastes differ
  • #584,157
  • Mar 16, 2021 9:35am Mar 16, 2021 9:35am
...there is 1hr bearish hidden div present on this gbpusd likely good so long as price stays below 3903, but it's a very strong pullback off the current 3809 daily lo that has well exceeded the 61.8% of that move ie 3903-3809, and for me - I prefer hidden div to be @ or below the 61.8% of the most immediate move on the t/f it presents itself on.. This is not to say price won't fall - just that it is lower in probability of a move to the downside off the hidden bearish div (in this case,) and downside follow thru to a new lo below the end of that move - ie 3809. Price will do what it will do - even if I have got a pretty pattern on my 1hr chart lol!
Trader with an Edge.
  • #584,158
  • Mar 16, 2021 9:35am Mar 16, 2021 9:35am
Quoting Ihlas
We won't have bumpy ride {image}

Hi Ihlas.

I see you have open LONG trade on GU with almost 95 Lot.

You must be Professional Trader or you're Super Rich person in this thread

Coz most of us can afford less than 5 lot max.

Anyway, good luck with your long trade.

Sang Real
  • #584,159
  • Mar 16, 2021 9:39am Mar 16, 2021 9:39am
Quoting BeeTogether
{quote} what was your entry point? I sometimes hedge trades to get an easier b/e. Works sometimes but risk losing more

There only one open position I have now.

Open Short @ 1.38867

The rest still in place, and not filled yet.


See chart
Attached Image (click to enlarge)
Click to Enlarge Name: gu 140.jpg Size: 323 KB
  • #584,160
  • Mar 16, 2021 9:41am Mar 16, 2021 9:41am
gatenio MY friend , 10 points from me to you
i marked a new target 1749
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yes yes yes
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