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Cable Update (GBPUSD)

  • #584,421
  • Mar 17, 2021 10:06am Mar 17, 2021 10:06am
scalp long
testing
If you don't know how to earn money, don't loose it.
  • #584,422
  • Mar 17, 2021 10:07am Mar 17, 2021 10:07am
Quoting Sang.Real
{quote} Yes.. It just hit Break Even now for my scalping trades. Should ... Hold it ? or Cash my chips ? Sang Real {image}
This move was created by cross EURGBP and not dollar weakness.
And EG likes to seesaw) So if it comes back, GU will also return.
Be careful and watch how EG moves.
  • #584,423
  • Mar 17, 2021 10:09am Mar 17, 2021 10:09am
Quoting Sang.Real
{quote} Yes.. It just hit Break Even now for my scalping trades. Should ... Hold it ? or Cash my chips ? Sang Real {image}
Its a tough one, the signals are very mixed and with FOMC tonight it could go either way
Insane in the Brain..
  • #584,424
  • Mar 17, 2021 10:09am Mar 17, 2021 10:09am
Quoting Marbas
{quote} This move was created by cross EURGBP and not dollar weakness. And EG likes to seesaw) So if it comes back, GU will also return. Be carefull and watch how EG moves.

Thanks Marbas

I will be extra careful today as nearing to FOMC announcement.

Will take care this trade with minimum loss ( breakeven) if not in profit.

Regards

Sang Real
  • #584,425
  • Mar 17, 2021 10:11am Mar 17, 2021 10:11am
Target 1.37679
  • #584,426
  • Mar 17, 2021 10:12am Mar 17, 2021 10:12am
Quoting BeeTogether
{quote} Its a tough one, the signals are very mixed and with FOMC tonight it could go either way

Yeah.

Bit to complicated to analyze now.

However, lucky enough to get out of this trade with Breakeven (tiny profit) if not loss.

Thanks for your help

Sang Real
  • #584,427
  • Mar 17, 2021 10:12am Mar 17, 2021 10:12am
Quoting greengp
Target 1.37679
1.38679
  • #584,428
  • Mar 17, 2021 10:12am Mar 17, 2021 10:12am
Quoting Sang.Real
{quote} Yes.. It just hit Break Even now for my scalping trades. Should ... Hold it ? or Cash my chips ? Sang Real {image}
I think "to hold"
but you can close partially

good job
dolce vita
  • #584,429
  • Mar 17, 2021 10:13am Mar 17, 2021 10:13am
Quoting greengp
Target 1.37679

Hi Uncle.

Assume you're short now.

Nice...

Where is your entry and SL.

Thanks You Uncle.

Regards

Sang Real
  • #584,430
  • Mar 17, 2021 10:14am Mar 17, 2021 10:14am
entered again
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmicro-m1-xm-global-limited-2.png Size: 32 KB
dolce vita
  • #584,431
  • Mar 17, 2021 10:17am Mar 17, 2021 10:17am
Inserted Video
  • #584,432
  • Mar 17, 2021 10:18am Mar 17, 2021 10:18am
Quoting babayaga
{quote} I think "to hold" but you can close partially good job
Hi Baba Yaga.

I closed all trade.

Can reenter if good set up comes along.

If price keep on dropping, well that's too bad.

I will now have clear mind to take new set up, as those trades are now closed. I will not cloud my judgement then

Bit of Psychological challenge holding to a negative trade and trying to make new decision at the same time

We wait for nice set up.....


Attached Image (click to enlarge)
Click to Enlarge Name: gu 142.jpg Size: 276 KB
  • #584,433
  • Mar 17, 2021 10:19am Mar 17, 2021 10:19am
Quoting Marbas
Interesting info from FXstreet Federal Reserve Preview: The Good, the Bad and the Ugly edition, three critical things to watch The Federal Reserve is set to leave its policy unchanged and acknowledge better conditions. Focusing on 9.5 million Americans out of work may serve as a dampener and a balancing act. Any stray dots in the bank's interest rate projections may cause turbulence. "When you have to shoot, shoot, don't talk" – goes one famous line from "The Good, the bad and the ugly," yet that famous movie but the Federal Reserve has a different...

from what I understand this looks like a potential long movement for the GU?
Insane in the Brain..
  • #584,434
  • Mar 17, 2021 10:20am Mar 17, 2021 10:20am
Quoting greengp
https://youtu.be/pAyKJAtDNCw

Uncle

Where's your entry and SL ? Please Uncle tell me.

We don't Mickeal Jakson. We can hear him later.

Thank You Uncle.
  • #584,435
  • Mar 17, 2021 10:21am Mar 17, 2021 10:21am
Quoting BeeTogether
{quote} from what I understand this looks like a potential long movement for the GU?

I concur

I do find it possible to Spike Lee coming to action soon to take out all SL for liquidity.

Share you set up please

Thanks

Edit :

Something like this

This is not set up , just my thought.

Don't take any trade base on my chart, they're useless.

Attached Image (click to enlarge)
Click to Enlarge Name: gu 143.jpg Size: 276 KB
  • #584,436
  • Mar 17, 2021 10:29am Mar 17, 2021 10:29am
FOMC pre-positioning underway, tens dumping. Hasn't translated into much DXY strength yet.
Attached Image (click to enlarge)
Click to Enlarge Name: gart.jpg Size: 87 KB
  • #584,437
  • Mar 17, 2021 10:31am Mar 17, 2021 10:31am
Quoting babayaga
entered again {image}
out
0,5 + 5 (=5,5)
dolce vita
  • #584,438
  • Mar 17, 2021 10:39am Mar 17, 2021 10:39am
Quoting dimitricss
dooowwnn you f****.....
Is it better now?

WT
  • #584,439
  • Mar 17, 2021 10:44am Mar 17, 2021 10:44am
Quoting greengp
{quote} 1.38679

Thank You Uncle

Nice target is 100 pips down !.

This , assuming happening during FOMC later or in progress now ?


Thanks
  • #584,440
  • Mar 17, 2021 10:44am Mar 17, 2021 10:44am
What i see. the price hit open price on march opening candle. i need to alert this for future.
Attached Image (click to enlarge)
Click to Enlarge Name: gummmm.png Size: 124 KB
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