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Cable Update (GBPUSD)

  • #584,341
  • Mar 17, 2021 5:20am Mar 17, 2021 5:20am
Quoting coolmakina
{quote} Gold is not my field (i have no field) but i think 1726 is possible quite soon. but please, i don't know. i just chatting. Stay cool.
im out of this shit, 1714 is a buy for me, base above 1740 before it's a buy.
gold is heaven for scalpers, but atm i cant play this game.
  • #584,342
  • Mar 17, 2021 5:27am Mar 17, 2021 5:27am
DXY is on way breaking 91.86. Watch for 91.69 next.
IMO cable can rally upto 1.4 but first has to break 1.3945 area
My observation may be wrong but intent correct. Stay calm!
  • #584,343
  • Mar 17, 2021 5:31am Mar 17, 2021 5:31am
Quoting gatenio
{quote} watch the down move abc which was AB=CD on the point , then max retrace to 61.8% @ 1.39294 (missed my sell limit by nothing) now price should continue down imo, look at the daily move, need another big wave down. if it your last deposit till the the next salary (10.4) in isreal, long time in fx market to waste. use sl i may wrong like always
I fully agree bro. TA strongly suggests it on the daily/eeekly. Let's give it time and see how MM moves at EOD

SS
  • #584,344
  • Mar 17, 2021 5:31am Mar 17, 2021 5:31am
Quoting mysterio
{quote} Waiting to see if this TL will be taken out before I relax {image}
Got taken out BE

Can't rule out a push to 1.3940 so I'm out for now. I think I have to wait for that TL to break, or maybe i'll try and entry on the upper TL

Indecision preFOMC
  • #584,345
  • Mar 17, 2021 5:33am Mar 17, 2021 5:33am
Another messy day... I need a break towards 140 pull out of trade at a loss and then recover on the way down
Insane in the Brain..
  • #584,346
  • Mar 17, 2021 5:34am Mar 17, 2021 5:34am
SL hit on both trades.
wasn't present so i couldn't reverse as price did.
so, waiting on sidelines for a new setup.
Stay cool.
Attached Image (click to enlarge)
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If you don't know how to earn money, don't loose it.
  • #584,347
  • Mar 17, 2021 5:35am Mar 17, 2021 5:35am
Good when it works according to your plan
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  • #584,348
  • Mar 17, 2021 5:50am Mar 17, 2021 5:50am
https://www.mql5.com/en/charts/13626...-group-limited
  • #584,349
  • Mar 17, 2021 5:52am Mar 17, 2021 5:52am
Quoting gatenio
{quote} watch the down move abc which was AB=CD on the point , then max retrace to 61.8% @ 1.39294 (missed my sell limit by nothing) now price should continue down imo, look at the daily move, need another big wave down. if it your last deposit till the the next salary (10.4) in isreal, long time in fx market to waste. use sl i may wrong like always
lol like always
you can trust me
any way i am allreaady in profit .
price should get to 1.39500 or 1.39750
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yes yes yes
  • #584,350
  • Mar 17, 2021 5:53am Mar 17, 2021 5:53am
Third time lucky? Stop to BE
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  • #584,351
  • Mar 17, 2021 6:06am Mar 17, 2021 6:06am
Quoting phd893
https://www.mql5.com/en/charts/13626...-group-limited
https://www.mql5.com/en/charts/13626...-group-limited
  • #584,352
  • Mar 17, 2021 6:19am Mar 17, 2021 6:19am
Nailed it

Bounce at 1.3880ish, retrace to 1.39 then tiimbeeeer

Taking a step back to think about treasuries and the dollar. I think yields have further to rise before a pull back. At some point they will fall back and the dollar will drop but it depends what happens in the treasury market imo. Here's treasury prices (not yields)
Attached Image(s) (click to enlarge)
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  • #584,353
  • Edited 6:46am Mar 17, 2021 6:21am | Edited 6:46am
19 hours of nothing in the gu
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yes yes yes
  • #584,354
  • Mar 17, 2021 6:22am Mar 17, 2021 6:22am
Quoting RCtrader
{quote} Calling my bears back. It seems the bulls are stronger. Might send them into the fight again later.
Go my wonderful bears and bring me the pips!
Risk Management is of utmost importance!
  • #584,355
  • Mar 17, 2021 6:23am Mar 17, 2021 6:23am
Sell @ 1.39123, TP 1.38234, SL - none
WT
  • #584,356
  • Mar 17, 2021 6:29am Mar 17, 2021 6:29am
some magical line at 3890 and 3930...
Trade with prediction = witch with her visions lol
  • #584,357
  • Mar 17, 2021 6:32am Mar 17, 2021 6:32am
Quoting dimitricss
some magical line at 3890 and 3930...
Historical s/r level at 1.3920
Risk Management is of utmost importance!
  • #584,358
  • Edited 3:02pm Mar 17, 2021 6:35am | Edited 3:02pm
Daily
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  • #584,359
  • Mar 17, 2021 6:36am Mar 17, 2021 6:36am
Temporary effect of news
  • #584,360
  • Mar 17, 2021 6:38am Mar 17, 2021 6:38am
Quoting Ihlas
Temporary effect of news
Haha! We'll see. Treasury yields have broken out and made new highs. Lots of bullish pressure on the dollar

Nice M pattern and wedge breakout on cable 5m
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