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Cable Update (GBPUSD)

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  • Post #584,761
  • Quote
  • Mar 18, 2021 9:02am Mar 18, 2021 9:02am
  •  SCopier
  • Joined Sep 2012 | Status: Member | 912 Posts
Only ranging now.
My SS is for Midterm!!
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  • Post #584,762
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  • Mar 18, 2021 9:04am Mar 18, 2021 9:04am
  •  Sang.Real
  • | Additional Username | Joined Mar 2020 | 1,607 Posts
Quoting BeeTogether
Disliked
Must have missed something as the commentary from BoE was positive so why has GU dropped?
Ignored

They need more seller to fill up their book prior to mark up the price higher

I think , they re going for the liquidity level and SL to fill up their books.
 
1
  • Post #584,763
  • Quote
  • Mar 18, 2021 9:09am Mar 18, 2021 9:09am
  •  Moty
  • Joined Dec 2017 | Status: Member | 22,925 Posts
the finger rule , at 400% extension , price tent to reverse
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  • Post #584,764
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  • Mar 18, 2021 9:11am Mar 18, 2021 9:11am
  •  M.Fadly
  • Joined Dec 2019 | Status: Member | 718 Posts
Quoting Sang.Real
Disliked
{quote} Nice Entry Fadly Where is you SL ?. Thanks
Ignored
1.38200 sl

insya allah
Like me, cuts losses quickly. But has more patience and lets his winn
 
 
  • Post #584,765
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  • Mar 18, 2021 9:12am Mar 18, 2021 9:12am
  •  Headland
  • Joined Apr 2020 | Status: trading/posting | 5,283 Posts | Online Now
... the prev 1hr sw lo zone =prev supp=pot sbr screws the bulls ! (3min bearish hidden div there) Which one will give first now,? the dark grey or light blue zone ?

1hr below.
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Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
 
 
  • Post #584,766
  • Quote
  • Mar 18, 2021 9:13am Mar 18, 2021 9:13am
  •  Sang.Real
  • | Additional Username | Joined Mar 2020 | 1,607 Posts
Quoting Sang.Real
Disliked
{quote} GU Nearing to target. Ready to close Short Waiting for nice set up to get long. Cancel limit order, leaving only one Limit available {image}
Ignored

GU

Add two more position.

Cancel all Buy Limit.

Price is going for liquidity zone and SL zone to trigger buy order at lower price ( wholesale price).

Early buyer is adjusting their SL now.


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  • Post #584,767
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  • Mar 18, 2021 9:14am Mar 18, 2021 9:14am
  •  lockstockd
  • | Joined Mar 2021 | Status: Member | 22 Posts
EUR/USD just completely filled gap almost to the pip. GU trying to do the same?

Buy limit placed at 1.38625. Watching closely. Still have Sell limit at 1.40100 but starting to doubting it will reach today.
 
 
  • Post #584,768
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  • Mar 18, 2021 9:15am Mar 18, 2021 9:15am
  •  Ziemowit
  • | Joined Sep 2020 | Status: Member | 162 Posts
Quoting mysterio
Disliked
TPd at daily pivot for 60, wait and see now. If it's going to break 1.40 I'd like it to be this wave
Ignored
how will u pick your entry for long then ?
 
 
  • Post #584,769
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  • Mar 18, 2021 9:16am Mar 18, 2021 9:16am
  •  Moty
  • Joined Dec 2017 | Status: Member | 22,925 Posts
dx reached his adr high , now reverse
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  • Post #584,770
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  • Edited 9:59am Mar 18, 2021 9:21am | Edited 9:59am
  •  phd893
  • Joined Aug 2014 | Status: Member | 822 Posts
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H1

https://www.mql5.com/en/charts/13633...-group-limited
 
 
  • Post #584,771
  • Quote
  • Mar 18, 2021 9:21am Mar 18, 2021 9:21am
  •  ricmaj
  • | Joined Jun 2011 | Status: Member | 1,349 Posts
Quoting Sang.Real
Disliked
{quote} GU Add two more position. Cancel all Buy Limit. Price is going for liquidity zone and SL zone to trigger buy order at lower price ( wholesale price). Early buyer is adjusting their SL now. {image}
Ignored

where is you tp?
Keep the Lights on then you can catch the rise from the dark.
 
 
  • Post #584,772
  • Quote
  • Mar 18, 2021 9:22am Mar 18, 2021 9:22am
  •  Ihlas
  • Joined Nov 2020 | Status: Member | 2,481 Posts
Quoting Ihlas
Disliked
Good morning Potential target: 1.39100 Then buy
Ignored

Target eliminated preparing for flight up
Will buy at 1.39050
 
 
  • Post #584,773
  • Quote
  • Edited 9:59am Mar 18, 2021 9:22am | Edited 9:59am
  •  Sang.Real
  • | Additional Username | Joined Mar 2020 | 1,607 Posts
Quoting Sang.Real
Disliked
{quote} GU Add two more position. Cancel all Buy Limit. Price is going for liquidity zone and SL zone to trigger buy order at lower price ( wholesale price). Early buyer is adjusting their SL now. {image}
Ignored

Closed all short

Waiting for Long set up.

Liquidity level

SNR zone

Edit : Wait for reversal/rejection candles set up at SNR Level


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3
  • Post #584,774
  • Quote
  • Mar 18, 2021 9:25am Mar 18, 2021 9:25am
  •  Sang.Real
  • | Additional Username | Joined Mar 2020 | 1,607 Posts
Quoting ricmaj
Disliked
{quote} where is you tp?
Ignored
TP is normaly is where buyer put their SL.

That's is free liquidity zone to tap.

GU now is the liquidity zone.

Buyer SL taken out, now we can find a set up for entry.
 
1
  • Post #584,775
  • Quote
  • Mar 18, 2021 9:27am Mar 18, 2021 9:27am
  •  Headland
  • Joined Apr 2020 | Status: trading/posting | 5,283 Posts | Online Now
Quoting Sang.Real
Disliked
{quote} Closed all short Waiting for Long set up. Liquidity level SNR zone {image}
Ignored
Hi, what does ' SNR ' stand for?
---------------------------------------

4017-3778 the 4hr range...4hr below.
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Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
 
 
  • Post #584,776
  • Quote
  • Mar 18, 2021 9:29am Mar 18, 2021 9:29am
  •  JayBag
  • Joined May 2016 | Status: Clueless | 6,425 Posts
Hi Gang,

Looking at PA, 1.3971 remains undefeated. The third time it's rejecting. If the force is good this time, we should see a strong move down to 1.37146 for a start.
Putting fresh shorts here at market price.

SS
Unholy Experiment All Time Return: 295.8%
 
3
  • Post #584,777
  • Quote
  • Mar 18, 2021 9:31am Mar 18, 2021 9:31am
  •  ricmaj
  • | Joined Jun 2011 | Status: Member | 1,349 Posts
soon we shall be hearing calls for 1.3200.
Keep the Lights on then you can catch the rise from the dark.
 
1
  • Post #584,778
  • Quote
  • Mar 18, 2021 9:32am Mar 18, 2021 9:32am
  •  Vincent1
  • Joined Aug 2019 | Status: Member | 510 Posts
Quoting Glorybound
Disliked
{quote} What is the implication to trading cable? Are we to expect an uptrend or downtrend?
Ignored
We can see the results next friday, with COT report, no tomorrow.
But if you see last Cot Report, and yesterday's price action, I would say to short the cable, especially under 1.38 with target 1.30
 
 
  • Post #584,779
  • Quote
  • Mar 18, 2021 9:33am Mar 18, 2021 9:33am
  •  littspaniard
  • Joined Mar 2011 | Status: moving | 3,642 Posts
longs
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The only constant is change
 
1
  • Post #584,780
  • Quote
  • Mar 18, 2021 9:34am Mar 18, 2021 9:34am
  •  JayBag
  • Joined May 2016 | Status: Clueless | 6,425 Posts
Quoting ricmaj
Disliked
soon we shall be hearing calls for 1.3200.
Ignored
I do have that target in mind
Unholy Experiment All Time Return: 295.8%
 
1
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