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Cable Update (GBPUSD)

  • #587,021
  • Mar 30, 2021 6:50am Mar 30, 2021 6:50am
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Like me, cuts losses quickly. But has more patience and lets his winn
  • #587,022
  • Mar 30, 2021 6:51am Mar 30, 2021 6:51am
... just an observation: I am not see-ing any 1hr bullish hidden div re this 4hr pot rbs zone (at least with my oscillators/settings) and in any case there is no 4hr uptrend to enter after a pullback. This doesn't mean it won't go up just that I don't have a pretty pattern on my 1hr screen!

Potential upside obstacles 1hr + as 1hr below.
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Trader with an Edge.
  • #587,023
  • Mar 30, 2021 6:55am Mar 30, 2021 6:55am
Quoting Tekin
{quote} Position stopped ar 4 pips unfortunatelly i will try scalper buy not sure but maybe {image}

hedge is waiting at 1.3706 see you tomorrow.
  • #587,024
  • Mar 30, 2021 7:02am Mar 30, 2021 7:02am
ok ok ok
finale analyze
long
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yes yes yes
  • #587,025
  • Mar 30, 2021 7:03am Mar 30, 2021 7:03am
Quoting babayaga
{quote} what about gold? are you still in a SELL? thank you
Nope. I am out. It was a good run.
Fools Rushing
  • #587,026
  • Mar 30, 2021 7:03am Mar 30, 2021 7:03am
it's came this call 137 435 I go long
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  • #587,027
  • Mar 30, 2021 7:03am Mar 30, 2021 7:03am
Head n Shoulders on 1H
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  • #587,028
  • Mar 30, 2021 7:04am Mar 30, 2021 7:04am
Quoting Wavegarrick
{quote} Hi Guys, Gu starting to tick all the correct boxes from a daily perspective for a downward continuation move. Trade safe, Cheers. {image}
the movement shows "DOWN" "too obviously"

right now
I DO NOT BELIEVE that she will go DOWN

let's see
dolce vita
  • #587,029
  • Mar 30, 2021 7:05am Mar 30, 2021 7:05am
bought to see more clear
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dolce vita
  • #587,030
  • Mar 30, 2021 7:05am Mar 30, 2021 7:05am
Quoting iluvyomumma
{quote} I get so frustrated whenever I see anyone refer to DXY! Its 55% EURO!!! It doesn't mean s***. If I own a car and I need to buy new wheels, would I go to a dealership that is 10% car tyres, 10% motorbike, 10% office chair, 20% roller blades and 50% airplane?!
There are correlations, man. No currency is an island.

You can bet the Euro finding a bottom around it's current price will have an impact on cable
  • #587,031
  • Mar 30, 2021 7:07am Mar 30, 2021 7:07am
Quoting PopeyeEA
maybe going to 1.386 or get highest 1.399. just focus on buy. GU already SURPASSS my daily trendline SL 1.3745 {image}
probably it could be in play
TODAY

let's see

dolce vita
  • #587,032
  • Mar 30, 2021 7:09am Mar 30, 2021 7:09am
Quoting babayaga
{quote} the movement shows "DOWN" "too obviously" right now I DO NOT BELIEVE that she will go DOWN let's see
yes , today is crooky like hell
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yes yes yes
  • #587,033
  • Mar 30, 2021 7:11am Mar 30, 2021 7:11am
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am I???
dolce vita
  • #587,034
  • Mar 30, 2021 7:14am Mar 30, 2021 7:14am
Quoting Moty
{quote} yes , today is crooky like hell {image}
I see the PA try to catch sell stop below and eat to high
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #587,035
  • Mar 30, 2021 7:15am Mar 30, 2021 7:15am
Quoting helioss
{quote} Breakout...TP .366 {image}
Bears continue their work
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  • #587,036
  • Mar 30, 2021 7:16am Mar 30, 2021 7:16am
Quoting Moty
{quote} yes , today is crooky like hell {image}

they want our money... (?!)
dolce vita
  • #587,037
  • Mar 30, 2021 7:18am Mar 30, 2021 7:18am
Quoting iluvyomumma
{quote} I get so frustrated whenever I see anyone refer to DXY! Its 55% EURO!!! It doesn't mean s***. If I own a car and I need to buy new wheels, would I go to a dealership that is 10% car tyres, 10% motorbike, 10% office chair, 20% roller blades and 50% airplane?!
some currencies have very close correlations, such as AUD and NZD, USD and CAD, EUR and GBP. They frequently move in the same direction.
The big chunk of dxy is eur, this is true. But eur has a very close correlation with GBP. So dxy can indicate something for GBP.
  • #587,038
  • Mar 30, 2021 7:19am Mar 30, 2021 7:19am
GU


Long Set Up


Any Comment and view are welcome

Set up based on SNR Method

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  • #587,039
  • Mar 30, 2021 7:20am Mar 30, 2021 7:20am
Quoting Benton
{quote} some currencies have very close correlations, such as AUD and NZD, USD and CAD, EUR and GBP. They frequently move in the same direction. The big chunk of dxy is eur, this is true. But eur has a very close correlation with GBP. So dxy can indicate something for GBP.
you're all welcome to use it but I'm good. supply and demand is all you need
  • #587,040
  • Mar 30, 2021 7:20am Mar 30, 2021 7:20am
Quoting babayaga
{quote} they want our money... (?!)
Thats a good one.
Fools Rushing
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