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Cable Update (GBPUSD)

  • #586,001
  • Mar 24, 2021 10:31am Mar 24, 2021 10:31am
[quote=MoneyZilla;13467410]{quote} 1. Nessy was hunted down by villain Chinese fishermen, illegally fishing at Loch Ness lake, in Scotland. 2. Then, Nessy was sliced down and well packaged into a smuggle-able plastic bags and sold out at Wuhan's Market.

I am from Scotland and above is a true story LOL
  • #586,002
  • Mar 24, 2021 10:31am Mar 24, 2021 10:31am
Quoting JayBag
{quote} Thing is, USD has been falling for a while now. It's time for the HORSE KICK before it continues the bearish move. Until and after that SPIKE on the DOLLAR, GU bulls may not be sustainable. SS
Hi Jay,

Agree this state of correction in progress.

Trying to scalp a bit, and to find the nice spot to short.

It's not when, but where to Short.

Still looking at the chart and trying to figure it out.

Keep up your good work to encourage traders in this thread sharing ideas.

Sang Real
  • #586,003
  • Mar 24, 2021 10:33am Mar 24, 2021 10:33am
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 26 KB
yes yes yes
  • #586,004
  • Mar 24, 2021 10:37am Mar 24, 2021 10:37am
audusd
am looking at buy setup
Attached Image
99.9% persistence
  • #586,005
  • Mar 24, 2021 10:39am Mar 24, 2021 10:39am
Quoting Moty
{image}
No way i'm buying this now. have a buy limit at 1.36078, very little support between here and there
  • #586,006
  • Mar 24, 2021 10:41am Mar 24, 2021 10:41am
Quoting Sang.Real
{quote} Hi Jay, Agree this state of correction in progress. Trying to scalp a bit, and to find the nice spot to short. It's not when, but where to Short. Still looking at the chart and trying to figure it out. Keep up your good work to encourage traders in this thread sharing ideas. Sang Real
I am glad you have plans to short and I think it's safer for now.
We are just around the weekly 100% range. if we break below, it's an impulse to the downside. But if it bounces, I'd hunt for sell around 1.3800. Looking at PA, it doesn't look like it wants to bounce tho.

Let's also consider TIMING. Last full week of trading

Let's give it time bud.
SS
  • #586,007
  • Mar 24, 2021 10:45am Mar 24, 2021 10:45am
Quoting Wavegarrick
{quote} GBpUsd at a very important juncture. Defining moments. The journey continues. Cheers. {image}
Hi Guys,
I am playing the odds here. One more short trade opened with my system rules and a 25 pip stop loss. It could well go against me. We shall see.
Trade safe.
Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1045.png Size: 101 KB
Trade to trade another day
  • #586,008
  • Mar 24, 2021 10:45am Mar 24, 2021 10:45am
200MA on what timeframe?

Quoting Benton
{quote} Let's wait and see. I believe that the breakthrough 200MA means significantly! I could be wrong。
  • #586,009
  • Mar 24, 2021 10:46am Mar 24, 2021 10:46am
Looks like dxy wants to go down
Follow The Markets Structure - Patience and Discipline
  • #586,010
  • Mar 24, 2021 10:47am Mar 24, 2021 10:47am
closed one and still holding another (buy) +gj (buy)
bought gold, closed partially last left ( little)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusdmicro-m30-xm-global-limited-2.png Size: 33 KB
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dolce vita
  • #586,011
  • Mar 24, 2021 10:47am Mar 24, 2021 10:47am
Quoting littspaniard
shorts i will move stop at even if price move at favour around 10-15 pips {image}
finally stop at even...redraw chart and long
Attached Image(s) (click to enlarge)
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The only constant is change
  • #586,012
  • Mar 24, 2021 10:47am Mar 24, 2021 10:47am
Will see how PA looks in upper red area for sells. I still think too soon to short.
Attached Image (click to enlarge)
Click to Enlarge Name: GU.jpg Size: 112 KB
  • #586,013
  • Mar 24, 2021 10:48am Mar 24, 2021 10:48am
Quoting Ilvez
200MA on what timeframe? {quote}
5 minutes.
  • #586,014
  • Mar 24, 2021 10:48am Mar 24, 2021 10:48am
gj
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpymicro-m30-xm-global-limited-2.png Size: 36 KB
dolce vita
  • #586,015
  • Mar 24, 2021 10:53am Mar 24, 2021 10:53am
Quoting Ilvez
200MA on what timeframe? {quote}
GU attempted and failed to break through 200MA 2 times today, now it has broken through finally this time!
  • #586,016
  • Mar 24, 2021 10:56am Mar 24, 2021 10:56am
Quoting Wavegarrick
{quote} Hi Guys, I am playing the odds here. One more short trade opened with my system rules and a 25 pip stop loss. It could well go against me. We shall see. Trade safe. Cheers. {image}

where your tp target is?
  • #586,017
  • Mar 24, 2021 11:01am Mar 24, 2021 11:01am
Quoting mysterio
Will see how PA looks in upper red area for sells. I still think too soon to short. {image}
needs a clean break below 137 for bears
Insane in the Brain..
  • #586,018
  • Mar 24, 2021 11:02am Mar 24, 2021 11:02am
My deeply analytical view of the current status on Cable-land for last 6 hours:

Attached Image (click to enlarge)
Click to Enlarge Name: 00e3284eebfdb1cc6b23d81779a612b3.png Size: 129 KB


Subscribe for more useless analysis!
  • #586,019
  • Mar 24, 2021 11:03am Mar 24, 2021 11:03am
Quoting Benton
{quote} GU attempted and failed to break through 200MA 2 times today, now it has broken through finally this time!
it's also with 200ema
i am out , it's wrong to be long when price is below the 200 ema bands at even the 5m chart
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.png Size: 29 KB


update : in again
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 31 KB
yes yes yes
  • #586,020
  • Mar 24, 2021 11:07am Mar 24, 2021 11:07am
Quoting Moty
{quote} it's also with 200ema i am out , it's wrong to be long when price is below the 200 ema bands at even the 5m chart{image} update : in again {image}
I could be wrong. Let's wait and see!
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