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Cable Update (GBPUSD)

  • #585,681
  • Mar 23, 2021 9:58am Mar 23, 2021 9:58am
Quoting babayaga
who still believe that she is going down?
Still some room to fall imho!

1.37
  • #585,682
  • Mar 23, 2021 9:59am Mar 23, 2021 9:59am
Quoting SCopier
{image}
do you think it will go to 1.3950 ?
  • #585,683
  • Mar 23, 2021 10:00am Mar 23, 2021 10:00am
Quoting mysterio
{quote} Still some room to fall imho! 1.37
where will you sell? do you see it going up so we can get shorts?
  • #585,684
  • Mar 23, 2021 10:00am Mar 23, 2021 10:00am
bought gj this morning for 10 pips and what I've got
funny, isn't it
Attached Image (click to enlarge)
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dolce vita
  • #585,685
  • Mar 23, 2021 10:01am Mar 23, 2021 10:01am
Quoting genadi
{quote} do you think it will go to 1.3950 ?
yep, today lowest is this week lowest that what I saw.
  • #585,686
  • Mar 23, 2021 10:02am Mar 23, 2021 10:02am
Quoting genadi
guys, if you shorted today or yesterday, can you share your short signals/conditions?
I shared mine at time of entry man

You had 5 or 10 mins to catch it

Very straightforward distribution pattern/M pattern in a bearish pennant

Wait for the retrace leg, short on the fib retracement
  • #585,687
  • Mar 23, 2021 10:05am Mar 23, 2021 10:05am
Quoting babayaga
bought gj this morning for 10 pips and what I've got funny, isn't it {image}
Just beware. GJ can go 148.4 soon
  • #585,688
  • Edited 10:23am Mar 23, 2021 10:06am | Edited 10:23am
Quoting babayaga
help needed! any thought where she could come (UP) ? GBPNZD {image}
Only some news release would take your buy trade further up. Right now you're in a losing trade as your entry is a stop hunt.

Edit: If you're lucky though price could clear further stops at 1.974, that's a reasonable target
Read in between the price!!!
  • #585,689
  • Mar 23, 2021 10:09am Mar 23, 2021 10:09am
Quoting SCopier
{quote} yep, today lowest is this week lowest that what I saw.
kind of agree. Looking at Helios char earlier the bearish volume seems to be diminishing. Hopefully that injects some power to the bulls to move up
Insane in the Brain..
  • #585,690
  • Mar 23, 2021 10:10am Mar 23, 2021 10:10am
Quoting mysterio
{quote} I shared mine at time of entry man You had 5 or 10 mins to catch it Very straightforward distribution pattern/M pattern in a bearish pennant Wait for the retrace leg, short on the fib retracement
where do you see it retracing to? where will you be looking for sells?
  • #585,691
  • Mar 23, 2021 10:11am Mar 23, 2021 10:11am
Quoting PopeyeEA
{quote} Just beware. GJ can go 148.4 soon
thank you
in case of emergency I will push my "Close All Trades" bottom
I am already with my "daily" profit
now
breathing and watching

dolce vita
  • #585,692
  • Mar 23, 2021 10:14am Mar 23, 2021 10:14am
My indicator still showing GU will jump lowest than this 1.375..
NEXT TARGET MAYBE 1.364
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  • #585,693
  • Mar 23, 2021 10:15am Mar 23, 2021 10:15am
Attached Image (click to enlarge)
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yes yes yes
  • #585,694
  • Mar 23, 2021 10:19am Mar 23, 2021 10:19am
Quoting PopeyeEA
{quote} Just beware. GJ can go 148.4 soon
do you think 1.48 (?)
I think 1,5170th might be first

and why 1.4840 (?)
could you please explain
dolce vita
  • #585,695
  • Mar 23, 2021 10:21am Mar 23, 2021 10:21am
Quoting PopeyeEA
My indicator still showing GU will jump lowest than this 1.375.. NEXT TARGET MAYBE 1.364 {image}

GU

Closed now or wait for target ?.

Powell in one hour.

Thanks for your comment/view

Attached Image (click to enlarge)
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  • #585,696
  • Mar 23, 2021 10:22am Mar 23, 2021 10:22am
Quoting genadi
{quote} where do you see it retracing to? where will you be looking for sells?
Sorry, thought you were talking about the LO trade

I've done my target today I went down with it, then retrace, then down scalped again

Can see up to 1.3830s/40s, or 1.3814

Will just be looking at the PA tomorrow for a trade, I don't do limit/stop orders anything like that (can't, not won't!)

Could be some more ranging/redistribution first or just straight down, imo (might be wrong).
  • #585,697
  • Mar 23, 2021 10:26am Mar 23, 2021 10:26am
Quoting babayaga
{quote} thank you in case of emergency I will push my "Close All Trades" bottom I am already with my "daily" profit now breathing and watching
Hi, can you please share your 'close all' indi?
  • #585,698
  • Mar 23, 2021 10:37am Mar 23, 2021 10:37am
Divergences first, yellow line must be >=0, then downtrend continuation. If no surprises
How many pips depends on PA...
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Air force
  • #585,699
  • Mar 23, 2021 10:47am Mar 23, 2021 10:47am
Could it be a Morning Star on 4hr chart? Perhaps Sellers beware!!!!!
Keep the Lights on then you can catch the rise from the dark.
  • #585,700
  • Mar 23, 2021 10:51am Mar 23, 2021 10:51am
No reversals in sight, just a 20-30pips range for scalpers.
Cookies for my bears.
Risk Management is of utmost importance!
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