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Cable Update (GBPUSD)

  • #585,281
  • Mar 22, 2021 4:34am Mar 22, 2021 4:34am
Quoting JayBag
{quote} Hi DC, The thread turned to a food channel or what? Do you mind sharing ideas relating to the main purpose, please? SS
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  • #585,282
  • Mar 22, 2021 4:34am Mar 22, 2021 4:34am
Quoting Moty
enter risky short , i am on the kill button {image}
Smart move M. Declining TL and price just cleared the GAP.
Short ideas are just logical at this point.

SS
  • #585,283
  • Mar 22, 2021 4:36am Mar 22, 2021 4:36am
Quoting lockstockd
Should the DXY gap close before going short on GU or does the gap not matter so much on the DXY?
It matters for sure, but it doesn't always have to close the whole thing (although usually does) and it doesn't have to happen the same day. I've been looking at the same thing this morning

But yea, it looks to me like it will fill the entire gap this morning so i'm holding off shorting GU for now
  • #585,284
  • Mar 22, 2021 4:41am Mar 22, 2021 4:41am
Quoting JayBag
{quote} Smart move M. Declining TL and price just cleared the GAP. Short ideas are just logical at this point. SS
smart move yes , bias still bearish , price is below the band
but smarter move will be to short a break of last hourly candle low
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yes yes yes
  • #585,285
  • Mar 22, 2021 4:42am Mar 22, 2021 4:42am
Two shots of the cheap stuff please

https://www.bbc.co.uk/news/health-56479462
Don't trade what you think. Just what you see!!!
  • #585,286
  • Mar 22, 2021 4:44am Mar 22, 2021 4:44am
Quoting mysterio
{quote} It matters for sure, but it doesn't always have to close the whole thing (although usually does) and it doesn't have to happen the same day. I've been looking at the same thing this morning
Thanks Mysterio, I’d definitely like to see more of the gap close before entering short.
  • #585,287
  • Mar 22, 2021 4:58am Mar 22, 2021 4:58am
Powell at 1pm GMT am I right in thinking that will be the trigger for 137 area? If so I can stop my longs now at the next step up to enter short
Insane in the Brain..
  • #585,288
  • Mar 22, 2021 5:06am Mar 22, 2021 5:06am
Moment of truth
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yes yes yes
  • #585,289
  • Mar 22, 2021 5:12am Mar 22, 2021 5:12am
GU


Scalping a bit before Powell speech tonight.

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  • #585,290
  • Mar 22, 2021 5:16am Mar 22, 2021 5:16am
Trade plan gold
just long above support
Like me, cuts losses quickly. But has more patience and lets his winn
  • #585,291
  • Mar 22, 2021 5:16am Mar 22, 2021 5:16am
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Like me, cuts losses quickly. But has more patience and lets his winn
  • #585,292
  • Mar 22, 2021 5:37am Mar 22, 2021 5:37am
Quoting Moty
enter risky short , i am on the kill button {image}
Don't overtrade buddy. After hitting one's target I believe it is better to stay on the sideline until a very perfect opportunity arises.
  • #585,293
  • Mar 22, 2021 5:47am Mar 22, 2021 5:47am
[email protected]
[email protected]
[email protected]
  • #585,294
  • Mar 22, 2021 5:51am Mar 22, 2021 5:51am
I am staying out for now..,
I'd like to see if it will be "range" (1.3840-1.3870) for a while.., or
she'll make to some direction

1.3840th looks as support to me

let's see
dolce vita
  • #585,295
  • Mar 22, 2021 6:02am Mar 22, 2021 6:02am
Attached Image (click to enlarge)
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yes yes yes
  • #585,296
  • Mar 22, 2021 6:15am Mar 22, 2021 6:15am
I love to SELL, really..,

I think she will go down if she will manage to break 1.3820th
otherwise, that what I see
1.4050th

let's see
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dolce vita
  • #585,297
  • Mar 22, 2021 6:22am Mar 22, 2021 6:22am
Hello, something of a gap @ open (partly broker spread widening) and a move down to the prev 1hr/4hr sw lo zone=prev supp=pot supp (now a prev 1hr x 2/4hr sw lo zone) that extends down to 3009 where support was found and the move up closed the gap finding supply @ top of a prev 1hr sw lo zone = prev supp=pot res that started @ 3850 (gmt+3 4hr chart.) This is a now a prev 1hr sw hi zone=prev res = pot res to 3874. 4hr range persists.

1hr below.
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Trader with an Edge.
  • #585,298
  • Mar 22, 2021 6:28am Mar 22, 2021 6:28am
wait for the break , don't be like me
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yes yes yes
  • #585,299
  • Mar 22, 2021 6:32am Mar 22, 2021 6:32am
Quoting Kaysole
[email protected] [email protected] [email protected]
139 looking a tough nut to crack today, I suppose a lot will depend on the Powell speech today. Are you going to be using a sliding S/L?
Insane in the Brain..
  • #585,300
  • Mar 22, 2021 6:37am Mar 22, 2021 6:37am
... bearish hidden div on 1hr good so long as price stays below 3886 ....but price has breached the steepest 1hr desc t/line now and challenging this prev sw hi zone......pretty bullish candles 15min+ 1hr below.
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Trader with an Edge.
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