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Cable Update (GBPUSD)

  • #585,501
  • Mar 23, 2021 3:33am Mar 23, 2021 3:33am
Quoting Sang.Real
{quote} GU Going to take the third loss in the row this week, Not very well to trade this week. {image}

GU


Stopped out.

That's third loss.

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  • #585,502
  • Mar 23, 2021 3:33am Mar 23, 2021 3:33am
Lining up 3800 - 3750
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Peace Yo!
  • #585,503
  • Mar 23, 2021 3:34am Mar 23, 2021 3:34am
expect bounce at 1.38000 area
Attached Image (click to enlarge)
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yes yes yes
  • #585,504
  • Mar 23, 2021 3:34am Mar 23, 2021 3:34am
Quoting ChiForex
Below 1.3825 the slide is to 1.3770, below there is around 1.3710 Resistance 1.3880 to 1.3910 today GU needs a big push to go up anytime soon as chart shows..favoring down to grab some power to possibly go up again.
Whatever the bounces are, when weakness signs appear that means sooner or later the fall is coming..
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #585,505
  • Mar 23, 2021 3:36am Mar 23, 2021 3:36am
Congratulations! However, you would make further progress by improving on your analysis of the markets and depending less on your feelings.

Stay safe, trade safe.

KP

Quoting Benton
{quote} The moment I posted this message, GU dropped from 1.3830s to 1.3810!
Do your homework, follow the footprints of smart money
  • #585,506
  • Edited 4:14am Mar 23, 2021 3:38am | Edited 4:14am
Quoting Sang.Real
{quote} GU Stopped out. That's third loss. {image}
Let the price consolidated at least 30 minutes at the open and wait for another few minutes after then before entry for avoid false break,with that method you can trade with stop below 10 pips and the Reward can be 10 times higher
  • #585,507
  • Mar 23, 2021 3:38am Mar 23, 2021 3:38am
Great move with momentum too - the 1min bearish hidden div as price pulled back to test the prev 5min sw lo's...5min below.

Price @ current dly lo has entered that prev 4hr/dly sw lo zone to 3778. Dly S2 @ 3794, Wkly S1 @ 3781...others will be a bit different depending on broker chart times.
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Trader with an Edge.
  • #585,508
  • Mar 23, 2021 3:39am Mar 23, 2021 3:39am
Quoting gatenio
{quote} Keep it for now.. price not going down right now. Trust your biblical cousin
1.39 at least before the big short
  • #585,509
  • Mar 23, 2021 3:42am Mar 23, 2021 3:42am
2 x dly/wkly ascending t/lines...dly below.

Lower Dark blue line joins 1411 with 2854. Light blue line joins 2854 with 3188.
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Trader with an Edge.
  • #585,510
  • Mar 23, 2021 3:43am Mar 23, 2021 3:43am
next 3782....3746
Trade with prediction = witch with her visions lol
  • #585,511
  • Mar 23, 2021 3:44am Mar 23, 2021 3:44am
Quoting PopeyeEA
I think we will see gu down until 1.37700. But my major plan gu is still UP. The best way I always do to trade in news.. Put small amount. Open and just leave it with TP. And get your cookies. Let see soon {image}
remember this??
  • #585,512
  • Edited Mar 24, 2021 1:50am Mar 23, 2021 3:45am | Edited Mar 24, 2021 1:50am
probably breaking support on 1d chart
  • #585,513
  • Mar 23, 2021 3:46am Mar 23, 2021 3:46am
Quoting Sang.Real
{quote} GU Stopped out. That's third loss. {image}
Hey SR,

Loosing is the part of the game. Learn to absorb the losses. Remove them from your chart. Standup and do the same thing what you have been doing. You will do great. keep up man ..
Fools Rushing
  • #585,514
  • Mar 23, 2021 3:47am Mar 23, 2021 3:47am
Quoting PopeyeEA
{quote} remember this??
Er, you essentially called that it could go down but also up. So...
  • #585,515
  • Mar 23, 2021 3:49am Mar 23, 2021 3:49am
This prev 4hr/dly sw lo zone extends to 3778 and then there is a 4hr/minor dly prev sw lo from 12th feb that goes down to 3775. 4hr below.
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Trader with an Edge.
  • #585,516
  • Mar 23, 2021 3:51am Mar 23, 2021 3:51am
Quoting Sang.Real
{quote} GU Push higher please. Maintain up. Hope not to trigger SL. {image}
Keep faith...I believe it will reverse...

Same thing happened yesterday...

Being patient is a key aspect to forex...I'm long on Cable and NZD/USD...
  • #585,517
  • Mar 23, 2021 3:52am Mar 23, 2021 3:52am
Quoting MTF Test
{quote} Hey SR, Loosing is the part of the game. Learn to absorb the losses. Remove them from your chart. Standup and do the same thing what you have been doing. You will do great. keep up man ..

Thanks MTF.

I think trying to go long too early is part of my trading problem.

Kind of FOMO syndrome.

Keep up the good work to encourage newbie to accelerate e their learning in this forum.



Sang Real
  • #585,518
  • Mar 23, 2021 3:53am Mar 23, 2021 3:53am
dx , what is your plan?
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yes yes yes
  • #585,519
  • Mar 23, 2021 3:54am Mar 23, 2021 3:54am
Quoting Sang.Real
{quote} Thanks MTF. I think trying to go long too early is part of my trading problem. Kind of FOMO syndrome. Keep up the good work to encourage newbie to accelerate e their learning in this forum. Sang Real
May I offer some advice? If you have this issue, consider this plan instead.

Suppose you use 1 lot. Instead of going in 1 lot, you can break them up into say, 0.5 and 0.5. You can enter your first 0.5 "FOMO" lot first and then another 0.5 lot when it goes against you. You then average down your price without having the fear of missing out.
  • #585,520
  • Mar 23, 2021 3:55am Mar 23, 2021 3:55am
Quoting kCBHk
{quote} Er, you essentially called that it could go down but also up. So...
lol. you can check all my posting before in others thread.

I have said major movement is UP and I just scalp now.
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