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Cable Update (GBPUSD)

  • #587,421
  • Mar 31, 2021 1:21pm Mar 31, 2021 1:21pm
Quoting Wavegarrick
Shorts still have a chance here Guys. Month-end moves are a killer. Cheers
yes , i just saw it
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yes yes yes
  • #587,422
  • Mar 31, 2021 1:22pm Mar 31, 2021 1:22pm
Quoting Tekin
We have 45 minutes to close h4 {image}

good job so far Recovered yesterdays loss
  • #587,423
  • Mar 31, 2021 1:29pm Mar 31, 2021 1:29pm
Quoting BeeTogether
{quote} I know it’s aggressive but £12 a pip * 42 pips a day... however it’s all down to getting in there at the right time. Have the optimal entry and exit points. I used to be a mid term trader so now trying my hand at scalping. It’s definitely possible just a pain at times.
Yea this is totally doable imo.. even if scalping it's important to let your winners run (scale out if necessary) and cut off the losers the second you think they went wrong. GU gives plenty of 20-60 pip opps every day
  • #587,424
  • Mar 31, 2021 1:39pm Mar 31, 2021 1:39pm
Quoting mysterio
{quote} Yea this is totally doable imo.. even if scalping it's important to let your winners run (scale out if necessary) and cut off the losers the second you think they went wrong. GU gives plenty of 20-60 pip opps every day
cheers. I think my biggest issue is I let bad trades run without cutting losses
Insane in the Brain..
  • #587,425
  • Edited 2:11pm Mar 31, 2021 1:43pm | Edited 2:11pm
The Weekly move down is corrective as it is against the monthly , no weekly or monthly downside levels have been broken.

On the daily the abc move down did not change the up trend as the last higher swing low around 3563 is still intact and the daily is building a move upwards with the third swing currently in operation, we can see the internal structure of the daily on the 4H with the third swing currently in operation.

The current daily move to the upside is moving against the weekly and there is no sign of the weekly trend continuing to the upside as of yet so we can clasify the current daily move as corrective at the moment

The hourly is probably going to retest 3753 before a move up inline with the higher timeframes

Once again this is not a prediction as further price action needs to confirm


See next post for charts
Follow The Markets Structure - Patience and Discipline
  • #587,426
  • Mar 31, 2021 1:44pm Mar 31, 2021 1:44pm
Quoting BeeTogether
{quote} cheers. I think my biggest issue is I let bad trades run without cutting losses
I think we’ve all been guilty of this at some point pal. Hope is a bitch!
  • #587,427
  • Mar 31, 2021 1:50pm Mar 31, 2021 1:50pm
Quoting iluvyomumma
{quote} I think we’ve all been guilty of this at some point pal. Hope is a bitch!
Nwa Naija. Igbo ba
  • #587,428
  • Mar 31, 2021 1:56pm Mar 31, 2021 1:56pm
Moty your 13780 was spot on for the bounce
Insane in the Brain..
  • #587,429
  • Mar 31, 2021 1:59pm Mar 31, 2021 1:59pm
Quoting greengp
long sl 1.37654
if my sl is about to hit i will double the qty to the short
  • #587,430
  • Edited 2:24pm Mar 31, 2021 2:13pm | Edited 2:24pm
Charts for previous post

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Follow The Markets Structure - Patience and Discipline
  • #587,431
  • Mar 31, 2021 2:17pm Mar 31, 2021 2:17pm
Quoting BeeTogether
Moty your 13780 was spot on for the bounce
yes , i think the trend in dx is long again
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu1.png Size: 24 KB
Click to Enlarge Name: dx.png Size: 29 KB
yes yes yes
  • #587,432
  • Mar 31, 2021 2:22pm Mar 31, 2021 2:22pm
Nice pay day
Eqvity grew from 100 to 190
In 300 i am withdrawing 100
Can't lose until the end of next week when i can deposit again if i lose
Attached Image (click to enlarge)
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yes yes yes
  • #587,433
  • Mar 31, 2021 2:35pm Mar 31, 2021 2:35pm
bear defended nicely and patience paid of for the sellers at 1.3810. The close of the month matters alot as prices are expected to be volatile with Biden Speech
Keep the Lights on then you can catch the rise from the dark.
  • #587,434
  • Mar 31, 2021 2:36pm Mar 31, 2021 2:36pm
Is there a speech by Biden today?
Insane in the Brain..
  • #587,435
  • Mar 31, 2021 2:40pm Mar 31, 2021 2:40pm
Quoting BeeTogether
Is there a speech by Biden today?

less than 40 mins to the time!!!!
Keep the Lights on then you can catch the rise from the dark.
  • #587,436
  • Mar 31, 2021 2:41pm Mar 31, 2021 2:41pm
Quoting ricmaj
{quote} less than 40 mins to the time!!!!
oh ok better tighten stop losses then lol ...

https://www.dailyfx.com/forex/techni...pling-usd.html
Insane in the Brain..
  • #587,437
  • Mar 31, 2021 3:14pm Mar 31, 2021 3:14pm
Biden plan was already released earlier, market already knows what he wants, not much volatility expected but who knows what can happen

Inserted Video
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  • #587,438
  • Mar 31, 2021 3:26pm Mar 31, 2021 3:26pm
Quoting pipfarm
Charts for previous post {image} {image} {image}
H1
https://www.mql5.com/en/charts/13704...-group-limited
  • #587,439
  • Mar 31, 2021 3:26pm Mar 31, 2021 3:26pm
Sleepy pound
Air force
  • #587,440
  • Mar 31, 2021 3:37pm Mar 31, 2021 3:37pm
Quoting W0lfram
Sleepy pound
Very sleepy....
Insane in the Brain..
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