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Cable Update (GBPUSD)

  • #585,441
  • Mar 23, 2021 1:44am Mar 23, 2021 1:44am
1.3942 or 1.3750 is possible today... Do not be trapped. I will advise a lot of caution and patience today.
Data + Stat + Risk/Emotions Management
  • #585,442
  • Edited 2:08am Mar 23, 2021 1:47am | Edited 2:08am
Quoting Sang.Real
{quote} GU Two loss trade today No more trades, taking a break today. See you guy. Trade Safely & Man green pips {image}
GU

Scalping long

Attached Image (click to enlarge)
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  • #585,443
  • Mar 23, 2021 2:03am Mar 23, 2021 2:03am
Quoting klm1011
{quote} ........are there any spin offs of this Donchian channels..................? thanks

The famous one is - "The turtle trading strategy"

The turtle trading strategy
Don't trade what you think. Just what you see!!!
  • #585,444
  • Mar 23, 2021 2:06am Mar 23, 2021 2:06am
... price exceeds 50% of the current dly hi-lo and challenges next 1hr potential upside obstacle at the pullback hi. 1hr below.
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Trader with an Edge.
  • #585,445
  • Mar 23, 2021 2:08am Mar 23, 2021 2:08am
i have bearish bias this week.. but i saw triple bottom h1. h4.. thats why i took long yesterday..
maybe this day is all the same...
Trade with prediction = witch with her visions lol
  • #585,446
  • Mar 23, 2021 2:10am Mar 23, 2021 2:10am
long 3831
stop 3810
rarget 3875
Trade with prediction = witch with her visions lol
  • #585,447
  • Mar 23, 2021 2:11am Mar 23, 2021 2:11am
The latest UK Jobless Data is slightly positive. GBP may rise 20-30 pips for now I guess
  • #585,448
  • Mar 23, 2021 2:12am Mar 23, 2021 2:12am
Quoting dimitricss
long 3831 stop 3810 rarget 3875

Is this target or regret?
Maadik Hugiis. IQ 69.
  • #585,449
  • Mar 23, 2021 2:12am Mar 23, 2021 2:12am
I would be more cautious on buying the pair, hence the structure seems very difficult to predict though the candles on Smaller TF favoring bulls. Hopefully in 1HR or so, We will have a clear picture IMO.

Cheers !
Fools Rushing
  • #585,450
  • Mar 23, 2021 2:13am Mar 23, 2021 2:13am
Quoting dimitricss
i have bearish bias this week.. but i saw triple bottom h1. h4.. thats why i took long yesterday.. maybe this day is all the same...
Hi, Is that bias must be based on fundies,? I ask because the 1hr/4hr/dly is ranging and the wkly is still in an uptrend.
Trader with an Edge.
  • #585,451
  • Mar 23, 2021 2:15am Mar 23, 2021 2:15am
Quoting MoneyZilla
{quote} Is this target or regret?
target plus regret = rarget... lol

typo dude
Trade with prediction = witch with her visions lol
  • #585,452
  • Mar 23, 2021 2:16am Mar 23, 2021 2:16am
Quoting Headland
{quote} Hi, Is that bias must be based on fundies,? I ask because the 1hr/4hr/dly is ranging and the wkly is still in an uptrend.
yep
Trade with prediction = witch with her visions lol
  • #585,453
  • Mar 23, 2021 2:21am Mar 23, 2021 2:21am
Quoting dimitricss
long 3831 stop 3810 rarget 3875
Rarget ,, cute
  • #585,454
  • Mar 23, 2021 2:22am Mar 23, 2021 2:22am
Quoting dimitricss
{quote} yep
I'm similar, but I'll still trade long, just more inclined to hold shorts longer. We'll see, I remain flexible

I see we're compressing into a triangle/pennant type thing, expecting a markdown this week still..
  • #585,455
  • Mar 23, 2021 2:23am Mar 23, 2021 2:23am
Quoting mysterio
{quote} I'm similar, but I'll still trade long, just more inclined to hold shorts longer. We'll see, I remain flexible
yeh, good idea...this last move-up proves that. Range continues to contract though.
Trader with an Edge.
  • #585,456
  • Mar 23, 2021 2:24am Mar 23, 2021 2:24am
Dunno where the price going..so prepare my lunch and will close my running profits especially aussie and kiwi positions after London open in a few minutes

Enough for buy Toyota Yaris GR limited Edition
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  • #585,457
  • Mar 23, 2021 2:25am Mar 23, 2021 2:25am
Warning!!!

Mating porcupine pattern detected on GU. Touching and interrupting porcupines may damage your account permanently!

Attached Image (click to enlarge)
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Seriously, I do no know how or why people trade such charts.
Markets will move to the right.
  • #585,458
  • Mar 23, 2021 2:25am Mar 23, 2021 2:25am
Quoting DailyChart
Dunno where the price going..so prepare my lunch and will close my running profits after London open in a few minutes {image}
you're not gonna eat that are you?
Trader with an Edge.
  • #585,459
  • Mar 23, 2021 2:27am Mar 23, 2021 2:27am
Quoting Headland
{quote} you're not gonna eat that are you?
Yes I am
  • #585,460
  • Mar 23, 2021 2:29am Mar 23, 2021 2:29am
Quoting DailyChart
{quote} Yes I am
Well hope you enjoy it...I think I'd be tempted to throw it down the toilet and miss out the middle man but then I am British and we don't really have a national cuisine - we are very boring re food, or at least I am.
Trader with an Edge.
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