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Cable Update (GBPUSD)

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  • Post #584,861
  • Quote
  • Mar 18, 2021 2:16pm Mar 18, 2021 2:16pm
  •  BeeTogether
  • Joined Oct 2020 | Status: Member | 7,093 Posts | Online Now
Quoting ChiForex
Disliked
If something I hate the most about the market, it's range trading Everytime you say it gonna break let's wait, it stay on same range that's worth in pips of few hours, the whole daily pips range.
Ignored
its like watching paint dry...
 
 
  • Post #584,862
  • Quote
  • Mar 18, 2021 2:42pm Mar 18, 2021 2:42pm
  •  Moty
  • Joined Dec 2017 | Status: Member | 22,928 Posts
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eu closed its gap
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  • Post #584,863
  • Quote
  • Mar 18, 2021 2:51pm Mar 18, 2021 2:51pm
  •  Moty
  • Joined Dec 2017 | Status: Member | 22,928 Posts
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  • Post #584,864
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  • Mar 18, 2021 2:57pm Mar 18, 2021 2:57pm
  •  Moty
  • Joined Dec 2017 | Status: Member | 22,928 Posts
Quoting ChiForex
Disliked
GU bounced again from daily support holding on daily bullish trend, trying to target up to 1 4060-1.4120 monthly resistance. Let's see if the1.3950 will break first or else the trend is weakening. Daily close above 1.3910s necessary and better above 1.3950
Ignored
don't worry my friend , i promise you a close near 1.39500 , in the night the crooks will slowly crawl up , i will be there
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  • Post #584,865
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  • Mar 18, 2021 3:08pm Mar 18, 2021 3:08pm
  •  Moty
  • Joined Dec 2017 | Status: Member | 22,928 Posts
wow , dx is too eager to close the gap today .
close it already mf , and drop like a stone
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  • Post #584,866
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  • Edited 3:47pm Mar 18, 2021 3:37pm | Edited 3:47pm
  •  Theoak
  • Joined Apr 2019 | Status: Member | 5,617 Posts
Short in at 1.3924 target 10 pips

+ 10 pips
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Don't trade what you think. Just what you see!!!
 
 
  • Post #584,867
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  • Mar 18, 2021 3:51pm Mar 18, 2021 3:51pm
  •  mysterio
  • Joined Sep 2009 | Status: Member | 5,904 Posts
Check out this channel median line on US 10s, it's been holding as resistance for a while and now might be support.

If this holds then it could send DXY higher and GU lower

Note 'could'!

Also interesting how that bullish push is a bit disconnected from where the dollar is now
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  • Post #584,868
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  • Mar 18, 2021 3:57pm Mar 18, 2021 3:57pm
  •  BeeTogether
  • Joined Oct 2020 | Status: Member | 7,093 Posts | Online Now
Order for long added at 13970 more than likely won’t hit until tomorrow
 
2
  • Post #584,869
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  • Mar 18, 2021 4:14pm Mar 18, 2021 4:14pm
  •  Moty
  • Joined Dec 2017 | Status: Member | 22,928 Posts
gap almost closed
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  • Post #584,870
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  • Mar 18, 2021 4:45pm Mar 18, 2021 4:45pm
  •  okosodo
  • | Joined Jun 2012 | Status: Aggressor | 589 Posts
Quoting BeeTogether
Disliked
Looks like today is done for. No real movement either way. Tomorrow could go either way piercing over 1420 would be useful for the bulls likewise a drop below 13870 opens the bears trapdoor
Ignored
not as easy as that
The fragrance remains in the hands of those that gves the rose
 
 
  • Post #584,871
  • Quote
  • Edited 6:17pm Mar 18, 2021 5:06pm | Edited 6:17pm
  •  Theoak
  • Joined Apr 2019 | Status: Member | 5,617 Posts
Short in at 1.3925

- 9 pip loss
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Don't trade what you think. Just what you see!!!
 
 
  • Post #584,872
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  • Mar 18, 2021 5:17pm Mar 18, 2021 5:17pm
  •  Tunapar01
  • | Joined Jun 2020 | Status: Member | 25 Posts
Quoting Moty
Disliked
yesterday I deposited $ 100 added to the $ 100 that were left from the last failure. My goal was to earn $ 60 every day, which would turn into $ 300 every week that I would withdraw every weekend. Yesterday I earned only $ 40, and today after I started the day very nicely ($ 80 profit even before the opening of London) and I started fantasizing about a chance to get the $ 300 a week in four days and not five because I started the method only yesterday. And I have already started calculating how much I need to earn tomorrow, and here without noticing...
Ignored
Moty, I respect your openness. I respect that you admit your deficiencies as well and ready to work on them. Overall, I respect you as a trader. I have learnt one or two things from you.
 
1
  • Post #584,873
  • Quote
  • Mar 18, 2021 7:32pm Mar 18, 2021 7:32pm
  •  Coreg2004
  • Joined Oct 2009 | Status: Member | 2,842 Posts | Online Now
Quoting Moty
Disliked
gap almost closed {image}
Ignored
Moty, ideas/scenarios to consider...stay sharp.
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Always trade your own plan...I don't provide trading signals.
 
3
  • Post #584,874
  • Quote
  • Mar 18, 2021 8:45pm Mar 18, 2021 8:45pm
  •  KiwiTrada
  • Joined Aug 2009 | Status: Member | 12,448 Posts
Quoting Moty
Disliked
{image}{image}eu closed its gap{image}
Ignored
slowly each usd pr fomc reaction is being faded, often when faded it continues so hold fire on trading fade rejection, !!!!
If you are new to Forex? Say Goodbye to your account!!
 
 
  • Post #584,875
  • Quote
  • Mar 18, 2021 9:27pm Mar 18, 2021 9:27pm
  •  Yngwie
  • Joined Aug 2008 | Status: Member | 2,352 Posts
If 1H candle open below 3895, price most probably will touch 3836 then 3740
naked trader ~ GBPUSD only!
 
 
  • Post #584,876
  • Quote
  • Mar 18, 2021 10:51pm Mar 18, 2021 10:51pm
  •  Moty
  • Joined Dec 2017 | Status: Member | 22,928 Posts
GAP is closed !!!!!!
ok , now can we finely go up mf ?
gu is still with a gap at 1.38574
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2
  • Post #584,877
  • Quote
  • Mar 18, 2021 10:55pm Mar 18, 2021 10:55pm
  •  Yngwie
  • Joined Aug 2008 | Status: Member | 2,352 Posts
Quoting Yngwie
Disliked
If 1H candle open below 3895, price most probably will touch 3836 then 3740
Ignored
Fail and likely going up. Hopefully 3955 break and fly
naked trader ~ GBPUSD only!
 
 
  • Post #584,878
  • Quote
  • Mar 18, 2021 10:57pm Mar 18, 2021 10:57pm
  •  navk
  • Joined Oct 2010 | Status: Trader | 16,033 Posts | Online Now
the price can go close to 3940 or just above, for sell off.

IMO.
Intraday only.
 
5
  • Post #584,879
  • Quote
  • Mar 18, 2021 11:08pm Mar 18, 2021 11:08pm
  •  SCopier
  • Joined Sep 2012 | Status: Member | 912 Posts
Let see if will break red TL
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2
  • Post #584,880
  • Quote
  • Mar 18, 2021 11:14pm Mar 18, 2021 11:14pm
  •  Moty
  • Joined Dec 2017 | Status: Member | 22,928 Posts
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