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Cable Update (GBPUSD)

  • #584,361
  • Mar 17, 2021 6:39am Mar 17, 2021 6:39am
Gold scalp up
  • #584,362
  • Mar 17, 2021 6:42am Mar 17, 2021 6:42am
Quoting mysterio
{quote} 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

Will see
Just a refueling stage for the rocket
Everybody gonna taste the consequences of his\her decision.
  • #584,363
  • Mar 17, 2021 6:46am Mar 17, 2021 6:46am
Quoting dimitricss
some magical line at 3890 and 3930...
A magical line is at 1.39029
WT
  • #584,364
  • Mar 17, 2021 6:55am Mar 17, 2021 6:55am
the waiting game
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yes yes yes
  • #584,365
  • Mar 17, 2021 6:56am Mar 17, 2021 6:56am
Quoting gatenio
Gold scalp up
partial 12 pips, now sl on be.. if god want this is going to be hell of a trade
just need price come back to the channel from 15m prespective, 1h still not close outside
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  • #584,366
  • Mar 17, 2021 7:00am Mar 17, 2021 7:00am
Quoting Ihlas
{quote} Will see Just a refueling stage for the rocket Everybody gonna taste the consequences of his\her decision.
I agree with the last line
  • #584,367
  • Mar 17, 2021 7:02am Mar 17, 2021 7:02am
Quoting Bartosz77
Sell @ 1.39123, TP 1.38234, SL - none
This hour's target 1.38800
WT
  • #584,368
  • Mar 17, 2021 7:16am Mar 17, 2021 7:16am
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.
i was almost lucky... still quite possible.
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If you don't know how to earn money, don't loose it.
  • #584,369
  • Mar 17, 2021 7:30am Mar 17, 2021 7:30am
Quoting W0lfram
{quote} DXY slowly gaining, JPY losing ground{image}{image}
AAHH Seems like Usdjpy could want to break up from the data presented.

Well its a tough call

Lets See

Thank You For The Data
  • #584,370
  • Mar 17, 2021 7:33am Mar 17, 2021 7:33am
Quoting Hutch
{quote} One thing that you forget is that nothing prevents traders from re-entering into a trade when the conditions have changed.
Ok But You Lose the lower entry in doing so or a Higher Entry in doing so
  • #584,371
  • Mar 17, 2021 7:40am Mar 17, 2021 7:40am
2 lots sell at 1.38911.
  • #584,372
  • Mar 17, 2021 7:47am Mar 17, 2021 7:47am
dooowwnn you f****.....
Trade with prediction = witch with her visions lol
  • #584,373
  • Mar 17, 2021 7:49am Mar 17, 2021 7:49am
Quoting dimitricss
dooowwnn you f****.....
Be patient...

Added sell limit @ 1.39029, TP 1.38234
WT
  • #584,374
  • Mar 17, 2021 7:51am Mar 17, 2021 7:51am
Hah now we have what looks like a reversal pattern on the 5m, currently retesting the wedge TL. It's pretty difficult to trade this pair today.

I'll leave my short entry intact as my FOMC trade. Going to walk away from it and see how it looks later. If it gets taken out then i'll re-evaluate later.

Dollar in a tight range which I guess is not surprising
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  • #584,375
  • Mar 17, 2021 7:52am Mar 17, 2021 7:52am
Quoting Bartosz77
{quote} Be patient... Added sell limit @ 1.39029, TP 1.38234
price is a mess, typical FOMC day.
better scalping for lunch money
  • #584,376
  • Mar 17, 2021 7:53am Mar 17, 2021 7:53am
It will be interesting to see if FOMC will have any effect on the pair. If I remember correctly last months didn’t make a major impact
Insane in the Brain..
  • #584,377
  • Mar 17, 2021 7:53am Mar 17, 2021 7:53am
dx is the key
let's see how he react to the support zone this time
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yes yes yes
  • #584,378
  • Mar 17, 2021 7:56am Mar 17, 2021 7:56am
Gents, IMO, this will just range here until an hour before the FOMC announcement.
Therefore, PATIENCE.
Lost....
  • #584,379
  • Mar 17, 2021 7:56am Mar 17, 2021 7:56am
Smaller time frame structure is not clearly projected by the market. May be due to the high demand. This is time to take precaution. Protect your capital.
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Fools Rushing
  • #584,380
  • Mar 17, 2021 8:02am Mar 17, 2021 8:02am
Quoting kCBHk
2 lots sell at 1.38911.
They got you man

the way I see it, any move downwards is to suck in more sellers
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