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Cable Update (GBPUSD)

  • #585,961
  • Mar 24, 2021 8:43am Mar 24, 2021 8:43am
I certainly hope this is the end of the downward trend as I have placed a BUY trade with the TP 1.37993.
  • #585,962
  • Mar 24, 2021 8:46am Mar 24, 2021 8:46am
Quoting Ilvez
Sells should be more lucrative than buys today. Perhaps if there is a test and rejection at 3720 area? {quote}
Cheers fella!

I won't sell in a daily demand zone tho, I need to see some bounce here. Long entries only. Maybe sell later in the week
  • #585,963
  • Mar 24, 2021 8:51am Mar 24, 2021 8:51am
Thats true, 3700 is shaping up as a nice springboard.

My head is not in the game today but I try to predict less and react more

Edit: When GU puts a Bear hat on, it can actually slide 200-300 pips in a row. But lets watch the PA, there are plenty of long and short opportunities out there. Just need to catch them.

Quoting mysterio
{quote} Cheers fella! I won't sell in a daily demand zone tho, I need to see some bounce here. Long entries only. Maybe sell later in the week
  • #585,964
  • Mar 24, 2021 8:55am Mar 24, 2021 8:55am
my side

1.37 will be penetrated later today
  • #585,965
  • Mar 24, 2021 8:58am Mar 24, 2021 8:58am
Quoting Moty
1.37000 strong support {image} {image}
nope, more down to come, and if not.. up move is limited so it only for scalping,
im not in a trade, just my view.
  • #585,966
  • Mar 24, 2021 9:01am Mar 24, 2021 9:01am
Quoting PopeyeEA
Mungkinkah GU capai target 1.363 hari ni??
Sepertinya lain kali bos hari ini manjat dulu hehe
  • #585,967
  • Mar 24, 2021 9:01am Mar 24, 2021 9:01am
Quoting PopeyeEA
Mungkinkah GU capai target 1.363 hari ni??
Kayakny masih kuat turun broo,,,,

the trend still bearish, I thunk,

  • #585,968
  • Mar 24, 2021 9:02am Mar 24, 2021 9:02am
Quoting Ilvez
Thats true, 3700 is shaping up as a nice springboard. My head is not in the game today but I try to predict less and react more Edit: When GU puts a Bear hat on, it can actually slide 200-300 pips in a row. But lets watch the PA, there are plenty of long and short opportunities out there. Just need to catch them. {quote}
Decided on a Euro buy on S1 instead 1.1815. GU is dead to me today!

A lot going on in the world that can influence the dollar at the moment. Interesting, a huge cargo ship blocked the suez today and send oil prices rocketing

Someone mentioned an equity rebound too, I can see this during NY

Also Gilt yields rising a bit

Eyes here currently on GU, can Bulls smash through this time? Plenty of divots taken out
Attached Image (click to enlarge)
Click to Enlarge Name: GU2.jpg Size: 124 KB
  • #585,969
  • Mar 24, 2021 9:03am Mar 24, 2021 9:03am
Quoting dachun
{quote} Sepertinya lain kali bos hari ini manjat dulu hehe
Maksimum naik pun cuman sampai 1.378
  • #585,970
  • Mar 24, 2021 9:07am Mar 24, 2021 9:07am
Quoting ServerUang
{quote} Kayakny masih kuat turun broo,,,, the trend still bearish, I thunk,
Iya masih jauh sih..
Lgi mau ambil penumpang dia nya..
Naik lagi kita sell.
  • #585,971
  • Mar 24, 2021 9:15am Mar 24, 2021 9:15am
Quoting ServerUang
{quote} Kayakny masih kuat turun broo,,,, the trend still bearish, I thunk,
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.JPG Size: 140 KB
Suro Diro Joyoningrat Lebur Dening Pangastuti
  • #585,972
  • Mar 24, 2021 9:16am Mar 24, 2021 9:16am
Quoting pinguin
{quote} {image}
Like me, cuts losses quickly. But has more patience and lets his winn
  • #585,973
  • Mar 24, 2021 9:19am Mar 24, 2021 9:19am
As we can clearly see, 1.37146 is starting to be a RES. This kind of PA strongly suggests 1.3200.
If the above is the case, I am not expecting any meaningful support anytime soon
  • #585,974
  • Mar 24, 2021 9:22am Mar 24, 2021 9:22am
Quoting JayBag
As we can clearly see, 1.37146 is starting to be a RES. This kind of PA strongly suggests 1.3200. If the above is the case, I am not expecting any meaningful support anytime soon
Yea- I expected a more meaningful bounce than this but that's my next area if we keep crashing.
  • #585,975
  • Mar 24, 2021 9:25am Mar 24, 2021 9:25am
“Let her do her thing”...
Quite Possibly Wave-5 of Wave-3,
or Wave-5 itself. Not gonna make the call,
trading off an iPhone.
Attached Image (click to enlarge)
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Have a Great Morning,
Afternoon / Evening gang,

Jeff
I will work to Objectively Identify my Edges
  • #585,976
  • Mar 24, 2021 9:26am Mar 24, 2021 9:26am
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 22 KB
yes yes yes
  • #585,977
  • Mar 24, 2021 9:27am Mar 24, 2021 9:27am
Quoting mysterio
{quote} Yea- I expected a more meaningful bounce than this but that's my next area if we keep crashing.
Me too. I thought we would see some bounce here but that's not the case atm. If we are not bouncing here, I am afraid we might be facing a big DIP. Let's see how they close today.

SS
  • #585,978
  • Mar 24, 2021 9:31am Mar 24, 2021 9:31am
Last 15M
Attached Image (click to enlarge)
Click to Enlarge Name: SAVE_20210323_212005.jpg Size: 279 KB
  • #585,979
  • Mar 24, 2021 9:37am Mar 24, 2021 9:37am
Possibly a push up is next as the move up has only one swing and the downside move looks erratic , akin to a corrective move ,possibly trapping sellers.
A close back up through the resistance that was broken would be a good.


Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 36 KB
Follow The Markets Structure - Patience and Discipline
  • #585,980
  • Mar 24, 2021 9:38am Mar 24, 2021 9:38am
Quoting DailyChart
Last 15M {image}
Dude...
You have us all drooling, Daily C.
Good Stuff, man you’re making us all hungry.
I will work to Objectively Identify my Edges
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