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Cable Update (GBPUSD)

  • #586,141
  • Mar 25, 2021 3:10am Mar 25, 2021 3:10am
Quoting helioss
No Bulls Signals for scalper {image}
Bulls and Bears bit of a mixed bag this morning, let the battle begin
  • #586,142
  • Mar 25, 2021 3:11am Mar 25, 2021 3:11am
Continue Low volume on Cable
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  • #586,143
  • Mar 25, 2021 3:11am Mar 25, 2021 3:11am
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
Okay Gang, I am now loading a few bulls. If 1.3800 becomes support, I will exit all my shorts from the upper levels.
Let's get it poping.

I need to call Lee
SS
  • #586,144
  • Mar 25, 2021 3:13am Mar 25, 2021 3:13am
Quoting Waveskierrob
{quote} Bulls and Bears bit of a mixed bag this morning, let the battle begin
Bear pressure is stronger at moment let's what happens today
  • #586,145
  • Mar 25, 2021 3:18am Mar 25, 2021 3:18am
swishy rate intrest rate in 13 mins
baily in 75 mins
then laggard then ecb meeting
a lot of action today
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yes yes yes
  • #586,146
  • Mar 25, 2021 3:18am Mar 25, 2021 3:18am
Bulls didn’t take their chances overnight makes me think although 13685 is a resistance area that isn’t cracking anytime soon. Looks like tight range for the moment bulls battling for over 13685 and bears for below 13670
Insane in the Brain..
  • #586,147
  • Mar 25, 2021 3:19am Mar 25, 2021 3:19am
Took the bull breakout on 1h/daily demand and locked in

Asia supply area may catch it

Not sure tbh can easily drop from here
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  • #586,148
  • Mar 25, 2021 3:21am Mar 25, 2021 3:21am
Quoting JayBag
{quote} 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
Hi,JayBag:
Thank you for the explanation.
You are right. There is always chance of swing or reversal in this turmoil market! Nobody can be sure what the next move is!
  • #586,149
  • Mar 25, 2021 3:27am Mar 25, 2021 3:27am
Quoting mysterio
Took the bull breakout on 1h/daily demand and locked in Asia supply area may catch it {image}
good man!! Let’s see where this bull run takes us. If it goes as Jay was saying there could be some good old cash here
Insane in the Brain..
  • #586,150
  • Mar 25, 2021 3:29am Mar 25, 2021 3:29am
Quoting BeeTogether
{quote} good man!! Let’s see where this bull run takes us. If it goes as Jay was saying there could be some good old cash here
I dunno! My bull bias kept me out of some nice shorts yesterday so I'm ready to exit and look at the next zone down if this doesn't work

There is a big TL here which may hold us but if it breaks it should be good
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  • #586,151
  • Mar 25, 2021 3:33am Mar 25, 2021 3:33am
I think the anti-doping agency is keeping an eye on cable (and Jay too).
  • #586,152
  • Mar 25, 2021 3:37am Mar 25, 2021 3:37am
Price Rejected & Close Outside Down 8H & Daily Range
Inserted Video
  • #586,153
  • Mar 25, 2021 3:37am Mar 25, 2021 3:37am
Quoting o0ehsan0o
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...
After break 1.3710 we go to the north seller must be have tight sl...
Thanks
Ehsan
  • #586,154
  • Mar 25, 2021 3:37am Mar 25, 2021 3:37am
G/M, bearish candle y/day on daily (gmt+3.) A dip slightly lower than yesterday's lo and some demand encountered there so far...now challenging 1st 1hr+ potential upside obstacle a prev 1hr sw lo then hi zone. 1hr below.
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Trader with an Edge.
  • #586,155
  • Mar 25, 2021 3:39am Mar 25, 2021 3:39am
Quoting mysterio
{quote} I dunno! My bull bias kept me out of some nice shorts yesterday so I'm ready to exit and look at the next zone down if this doesn't work There is a big TL here which may hold us but if it breaks it should be good {image}
Enlighten me please, what does TL stand for?
  • #586,156
  • Mar 25, 2021 3:39am Mar 25, 2021 3:39am
Quoting mysterio
{quote} I dunno! My bull bias kept me out of some nice shorts yesterday so I'm ready to exit and look at the next zone down if this doesn't work There is a big TL here which may hold us but if it breaks it should be good {image}
it has been a bearish market you know..
Steps to profitability: Collect data, money management, stay bored
  • #586,157
  • Mar 25, 2021 3:40am Mar 25, 2021 3:40am
short term reversal appear more attractive but if bears were to gain the momentum needed then the fall could be for 80pips or more
Keep the Lights on then you can catch the rise from the dark.
  • #586,158
  • Mar 25, 2021 3:40am Mar 25, 2021 3:40am
Quoting iluvyomumma
{quote} Enlighten me please, what does TL stand for?
Trend line, i use them a lot

Did anyone short 1.37? I took a partial and think it can easily drop from there

Quoting remonpilip
{quote} it has been a bearish market you know..
Yea I know. I scalp in both directions and hold for longer if I have good reasons
  • #586,159
  • Mar 25, 2021 3:41am Mar 25, 2021 3:41am
Quoting mysterio
{quote} Trend line, i use them a lot Did anyone short 1.37?
i shorted since 1.3710
Steps to profitability: Collect data, money management, stay bored
  • #586,160
  • Mar 25, 2021 3:41am Mar 25, 2021 3:41am
Quoting iluvyomumma
{quote} Enlighten me please, what does TL stand for?
trend line
Trade with prediction = witch with her visions lol
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