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Cable Update (GBPUSD)

  • #586,121
  • Mar 25, 2021 2:01am Mar 25, 2021 2:01am
Quoting pinguin
{quote} I Found This in my perspective, that's why i prefer to SELL rather than BUY {image} {image}
you are right , but look what happened last time , this is crooks stuff
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yes yes yes
  • #586,122
  • Mar 25, 2021 2:01am Mar 25, 2021 2:01am
Quoting BeeTogether
{quote} you mean bear run?
No. I have very few right entries. Bull run or freezing is very probable now.
Air force
  • #586,123
  • Mar 25, 2021 2:02am Mar 25, 2021 2:02am
I think today max target is MA 100 on 1.36085.but too risk if put new sell order on outside lower bond.
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  • #586,124
  • Mar 25, 2021 2:03am Mar 25, 2021 2:03am
Quoting iluvyomumma
Supply and Demand traders - Where are the demand orders in Cable from the 4th and 5th of February when we had the rate decision? Trying to figure out my TP on my sells and then reversal
for sure i am not SD trader, but for me from my perspective, the brown area in my picture is my SD zone.. so for me i'll watch for that zone once the price entring that area

hope it help
Suro Diro Joyoningrat Lebur Dening Pangastuti
  • #586,125
  • Edited 2:18am Mar 25, 2021 2:07am | Edited 2:18am
Quoting iluvyomumma
Supply and Demand traders - Where are the demand orders in Cable from the 4th and 5th of February when we had the rate decision? Trying to figure out my TP on my sells and then reversal
For me they are

Watching the next green zone down for a potential reversal
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  • #586,126
  • Mar 25, 2021 2:09am Mar 25, 2021 2:09am
Quoting navk
the price to hit first 3650 today to me. Retrace over.
1.36794 still holding
dx with engulfing h4 candle
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yes yes yes
  • #586,127
  • Mar 25, 2021 2:13am Mar 25, 2021 2:13am
Quoting JayBag
Morning Gang Gang, Looking at PA, I do not think shorts will be sustained today. Bulls may have other plans. Will decide what to do later on StaySafe
Can you explain why shorts will not be sustained today and Bulls may have other plans?

I see it just opposite. GU will go down today and I have sold it.

GU is driven by DXY these days. DXY is expected to rise in coming days, because equity market is worried about possible us tax hike right now. That is why US equity market opened higher but fell later yesterday. This caused DXY continue rising. In my option, us tax hike concern will continue to hunt the market and DXY will continue to rise

  • #586,128
  • Mar 25, 2021 2:16am Mar 25, 2021 2:16am
Quoting mysterio
{quote} For me they are {image}
Ok Mysterio, I agree with you. But I'm thinking that there may be a ton of orders anywhere down that candle as price exploded out of the gates. So It may be a bumpy ride down to 1.35662 right?
  • #586,129
  • Mar 25, 2021 2:19am Mar 25, 2021 2:19am
Quoting W0lfram
Short 1.3685. 300 pips bull run now! {image}
you took short 3685
but u expected 300 pips bull run..?

im lost here..
Trade with prediction = witch with her visions lol
  • #586,130
  • Mar 25, 2021 2:20am Mar 25, 2021 2:20am
Quoting iluvyomumma
{quote} Ok Mysterio, I agree with you. But I'm thinking that there may be a ton of orders anywhere down that candle as price exploded out of the gates. So It may be a bumpy ride down to 1.35662 right?
Possibly, I expected a bit better of a bounce here but looks likely to break

Safer would be to wait for the TL overhead to be taken out and wait for a pullback

Just watching that 1.3640/50ish area next

Yesterdays low holding for now but it's under attack
  • #586,131
  • Mar 25, 2021 2:22am Mar 25, 2021 2:22am
GBPUSD find resisten for more slide....
Like me, cuts losses quickly. But has more patience and lets his winn
  • #586,132
  • Mar 25, 2021 2:24am Mar 25, 2021 2:24am
Quoting Benton
{quote} Can you explain why shorts will not be sustained today and Bulls may have other plans? I see it just opposite. GU will go down today and I have sold it. GU is driven by DXY these days. DXY is expected to rise in coming days, because equity market is worried about possible us tax hike right now. That is why US equity market opened higher but fell later yesterday. This caused DXY continue rising. In my option, us tax hike concern will continue to hunt the market and DXY will continue to rise
Hi Benton,

Don't mind me much man. I am mostly on swings and stuff. If you scalping, you MIGHT make a few on bears because I think it won't be sustainable for today. A RETRACE is required and with that, I have mixed feelings. If we do bounce off, I will be observing 1.3800 extremely closely. The minute we start using that handle as support, we might have a major reversal or a swing to test highs of last week's candle (1.40XX)

SS
  • #586,133
  • Mar 25, 2021 2:24am Mar 25, 2021 2:24am
Quoting mysterio
{quote} Possibly, I expected a bit better of a bounce here but looks likely to break Safer would be to wait for the TL overhead to be taken out and wait for a pullback Just watching that 1.3640/50ish area next
I think your 1.3637 area is a little bit low. Its also was partially touched on 5th Feb at 7pm if you look back. I'm expecting freefall during the morning and rebound to smash retail in the afternoon
  • #586,134
  • Mar 25, 2021 2:25am Mar 25, 2021 2:25am
Go my wonderful bears and bring me the pips!
Risk Management is of utmost importance!
  • #586,135
  • Mar 25, 2021 2:27am Mar 25, 2021 2:27am
GU

Scalping LONG

Entry at SUPPORT Zone.

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  • #586,136
  • Mar 25, 2021 2:29am Mar 25, 2021 2:29am
No Longs till 36100. free pathway to the bottom imo
Keep the Lights on then you can catch the rise from the dark.
  • #586,137
  • Mar 25, 2021 2:38am Mar 25, 2021 2:38am
I think its time for sharp reversal to the north due to extended wave completion.
Target 1.3790
  • #586,138
  • Mar 25, 2021 2:49am Mar 25, 2021 2:49am
On M5 there is a divergence
Attached Image
My observation may be wrong but intent correct. Stay calm!
  • #586,139
  • Mar 25, 2021 2:51am Mar 25, 2021 2:51am
Finally today i entry long trade from my last short position in 1.3675 (last day low) with target 1.3830 and i think time cycle change today and we go up sharp wait and see...
  • #586,140
  • Mar 25, 2021 2:59am Mar 25, 2021 2:59am
No Bulls Signals for scalper
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