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Cable Update (GBPUSD)

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  • Post #584,801
  • Quote
  • Mar 18, 2021 10:13am Mar 18, 2021 10:13am
  •  FraterRedox
  • Joined Jun 2020 | Status: Penny Lot Lifestyle | 520 Posts | Online Now
I guess IŽll go long now.

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Win or lose, everybody gets what they deserve out of the market
 
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  • Post #584,802
  • Quote
  • Mar 18, 2021 10:17am Mar 18, 2021 10:17am
  •  Headland
  • Joined Apr 2020 | Status: trading/posting | 5,299 Posts
Quoting FraterRedox
Disliked
I guess IŽll go long now. {image}
Ignored
what a fab crazy chart ! G/L with your long.
Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
 
2
  • Post #584,803
  • Quote
  • Mar 18, 2021 10:20am Mar 18, 2021 10:20am
  •  mysterio
  • Joined Sep 2009 | Status: Member | 5,907 Posts
Quoting Ziemowit
Disliked
{quote} how will u pick your entry for long then ?
Ignored
Not doing it now. Took the channel break on 1h as confirmation to go short until my daily demand area
 
1
  • Post #584,804
  • Quote
  • Mar 18, 2021 10:20am Mar 18, 2021 10:20am
  •  Larriez.7
  • | Joined Jan 2018 | Status: Member | 64 Posts
Suspecting further drop to 1.3839
You're the market mover, think like one.
 
2
  • Post #584,805
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  • Mar 18, 2021 10:32am Mar 18, 2021 10:32am
  •  Nd10
  • Joined Mar 2019 | Status: Member | 1,374 Posts
Quoting Moty
Disliked
{quote} i am edit : 102 pips daily range , the adr is 97 {image}
Ignored
let's get the rocket up fast...Ride to destination. Sl 1.38. Though Dxy is still fucking bullish
 
1
  • Post #584,806
  • Quote
  • Mar 18, 2021 10:32am Mar 18, 2021 10:32am
  •  BeeTogether
  • Joined Oct 2020 | Status: Member | 7,100 Posts | Online Now
From what I can see the bottom of the drop
is around 13870
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  • Post #584,807
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  • Mar 18, 2021 10:33am Mar 18, 2021 10:33am
  •  Nd10
  • Joined Mar 2019 | Status: Member | 1,374 Posts
Quoting DailyChart
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{quote} Sweet and Roses
Ignored

Are we still Heading North
 
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  • Post #584,808
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  • Edited 10:50am Mar 18, 2021 10:38am | Edited 10:50am
  •  Ihlas
  • Joined Nov 2020 | Status: Member | 2,484 Posts | Online Now
Quoting Ihlas
Disliked
{quote} Bought. No need for SL LOL Have a good day guys Gotta business to do Bye
Ignored

Destination 1.405 (JUST IMHO Till the end of NY session)
Decide it yourself accordingly to volume
Bye
 
1
  • Post #584,809
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  • Mar 18, 2021 10:40am Mar 18, 2021 10:40am
  •  ricmaj
  • | Joined Jun 2011 | Status: Member | 1,351 Posts | Online Now
waiting for the reaction at 1.395ish to take any action
Keep the Lights on then you can catch the rise from the dark.
 
1
  • Post #584,810
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  • Mar 18, 2021 10:40am Mar 18, 2021 10:40am
  •  Nd10
  • Joined Mar 2019 | Status: Member | 1,374 Posts
Quoting ihlas
Disliked
{quote} destination 1.405 (till the end of ny session) According to volume bye
Ignored
so we are in same team
 
 
  • Post #584,811
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  • Mar 18, 2021 10:41am Mar 18, 2021 10:41am
  •  Headland
  • Joined Apr 2020 | Status: trading/posting | 5,299 Posts
...price now @ 1st upside obstacle on the 1hr.....1hr below.
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Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
 
1
  • Post #584,812
  • Quote
  • Mar 18, 2021 10:41am Mar 18, 2021 10:41am
  •  Nd10
  • Joined Mar 2019 | Status: Member | 1,374 Posts
Quoting ricmaj
Disliked
waiting for the reaction at 1.395ish to take any action
Ignored
You mean the 1.32?
 
 
  • Post #584,813
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  • Mar 18, 2021 10:42am Mar 18, 2021 10:42am
  •  Nd10
  • Joined Mar 2019 | Status: Member | 1,374 Posts
moty call out the rockets please
 
 
  • Post #584,814
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  • Mar 18, 2021 10:42am Mar 18, 2021 10:42am
  •  Ziemowit
  • | Joined Sep 2020 | Status: Member | 162 Posts
someone has posted few days ago when adr reaches 120% it retraces for 30 pips
 
 
  • Post #584,815
  • Quote
  • Mar 18, 2021 10:43am Mar 18, 2021 10:43am
  •  ricmaj
  • | Joined Jun 2011 | Status: Member | 1,351 Posts | Online Now
Quoting Nd10
Disliked
{quote} You mean the 1.32?
Ignored

whats the relationship between both prices is 39 same as 32?
Keep the Lights on then you can catch the rise from the dark.
 
 
  • Post #584,816
  • Quote
  • Edited 11:23am Mar 18, 2021 10:44am | Edited 11:23am
  •  lockstockd
  • | Joined Mar 2021 | Status: Member | 22 Posts
Quoting Ihlas
Disliked
{quote} Destination 1.405 (Till the end of NY session) According to volume Bye
Ignored
Me too brother, locked in @1.39049 but will be watching price around 1.39500.

Sell Limit still in place for 1.40 but hopefully will be moving this up closer to your target depending on PA.

EDIT: Closed at 1.39256 - like watching paint dry waiting for bulls at this level. (probably going to fly up now I'm out lol)

+70 pips for the day, that's me done for today. Leaving Sell Limit in place but it's a long shot right now I think.

Wishing you all many pips!
 
 
  • Post #584,817
  • Quote
  • Mar 18, 2021 10:46am Mar 18, 2021 10:46am
  •  Headland
  • Joined Apr 2020 | Status: trading/posting | 5,299 Posts
Quoting Ziemowit
Disliked
someone has posted few days ago when adr reaches 120% it retraces for 30 pips
Ignored

That's not strictly true - all you can say is that when price exceeds the adr and the more it exceeds it, particularly if it is beyond fib extensions (upside or downside) of the previous day's daily candle - the greater chance of a 'sizeable pullback' relative to the move that took it there - but there are no absolutes, just probability.
Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
 
1
  • Post #584,818
  • Quote
  • Mar 18, 2021 10:51am Mar 18, 2021 10:51am
  •  Sang.Real
  • | Additional Username | Joined Mar 2020 | 1,607 Posts
GU

Scalping short

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  • Post #584,819
  • Quote
  • Mar 18, 2021 10:52am Mar 18, 2021 10:52am
  •  littspaniard
  • Joined Mar 2011 | Status: moving | 3,642 Posts
Quoting littspaniard
Disliked
longs ...touch trade {image} {image}
Ignored
finally tiny stop loss hit....a pity..the trade was so beautiful.... anyway... next time
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The only constant is change
 
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  • Post #584,820
  • Quote
  • Mar 18, 2021 10:55am Mar 18, 2021 10:55am
  •  Headland
  • Joined Apr 2020 | Status: trading/posting | 5,299 Posts
..does anyone know (I have forgotten) what the opposite of a 'dark cloud cover' candle is called please? Ie when it occurs @ a lo not @ a hi, (but same principle/logic,) - potentially as the present 1hr candle could close as?
Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
 
 
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