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Cable Update (GBPUSD)

  • #591,901
  • Apr 28, 2021 9:32am Apr 28, 2021 9:32am
Quoting Tekin
Is it ready for 1.4050? {image}

safety first
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  • #591,902
  • Apr 28, 2021 9:33am Apr 28, 2021 9:33am
Quoting mysterio
{quote} I am getting more excited about a sell now, just need to find the turning point for dxy and we should get a nice drop 90.78 possibly
Got my sell in, I saw dxy retested its daily TL which it always does in a violent move like this at some point

https://www.tradingview.com/x/Nm2XHbrD/

Putting stop to BE asap, tp open. Hopefully not too early.
  • #591,903
  • Apr 28, 2021 9:33am Apr 28, 2021 9:33am
I have big channel very heavy line this line 1.30500 now,but channel is up, if GU reverse this channel to down ,it can be very deep drop.last time gu touched this channel in mars 2020 bottom.
  • #591,904
  • Apr 28, 2021 9:36am Apr 28, 2021 9:36am
gold
added sell
cable & gj holding ( for now with loss, not "big")
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dolce vita
  • #591,905
  • Apr 28, 2021 9:39am Apr 28, 2021 9:39am
Quoting kris89
{quote} Hola. The dollar almost reach TL. I exoect broken below and take GU uo
You mean bounce from the TL, and take GU down? That was my thinking
  • #591,906
  • Apr 28, 2021 9:45am Apr 28, 2021 9:45am
close long position,wait for short opportunity. Wait for the bull to lose the stream! It may be too early for short!
  • #591,907
  • Apr 28, 2021 9:52am Apr 28, 2021 9:52am
Quoting mysterio
{quote} You mean bounce from the TL, and take GU down? That was my thinking
If its happen. But ive a second think.
If the price hold in 1.39200 for until near fomc . And price suddenly surge to 1.38800 ill rethink of buy
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #591,908
  • Apr 28, 2021 9:53am Apr 28, 2021 9:53am
Quoting Sang.Real
GU Scalping mode target 20 pips per scalp position. Price ranging around 30 pips in between SNR zone. Just scalping until NYO/FOMC later. {image}
GU

That wrap up the scalping day.

Scalp within the range box, using Support/Resistant as entry point.

Use chart pattern , in this case Inverse HNS.

Bonus if can get to trade with valid set up available during FOMC later.

If not, we continue to scalp again tomorrow.


Trade safe & wisely

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  • #591,909
  • Apr 28, 2021 9:54am Apr 28, 2021 9:54am
Quoting babayaga
{quote} thank you gatenio I wrote "I think..." nevertheless we are both masters then reality comes
LOL so true!!!!

i like you bro..
  • #591,910
  • Edited 10:56am Apr 28, 2021 9:55am | Edited 10:56am
Hello to EveryOne
All Depend Tonight News
But at least will be Short Because of long time Stay in this Price and US iNdex Need to Survive HerSelf from 61.8 Daily
so i Hope this Opinion will Be Right
Have a Good Evening
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  • #591,911
  • Edited 10:10am Apr 28, 2021 9:56am | Edited 10:10am
Quoting mysterio
{quote} I am getting more excited about a sell now, just need to find the turning point for dxy and we should get a nice drop 90.78 possibly
Not bad!

https://www.tradingview.com/x/LQRYYGgP/

But had to take a BE on my short and resell as it was falling 13910, not ideal.

Edit-BE on the second too sadly. Tough scenario to nail.

Hopefully classic FOMC liquidity sweep
  • #591,912
  • Apr 28, 2021 10:12am Apr 28, 2021 10:12am
top of big daily channel 1.41600 touched it but if look from history gu touched top when it reverse seriously several times ,this pic its not enouf,but GU at the top it can be several picks if its big reverse daily several pics during month
  • #591,913
  • Apr 28, 2021 10:15am Apr 28, 2021 10:15am
1.38500 is tp for today at least
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yes yes yes
  • #591,914
  • Apr 28, 2021 10:21am Apr 28, 2021 10:21am
Quoting Vincent1
{image}

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  • #591,915
  • Apr 28, 2021 10:21am Apr 28, 2021 10:21am
And sometimes it is only a matter of SR
bounce off Daily S1 and here we are
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  • #591,916
  • Apr 28, 2021 10:23am Apr 28, 2021 10:23am
Quoting Moty
1.38500 is tp for today at least {image} {image} {image}
13950 you mean?
Insane in the Brain..
  • #591,917
  • Apr 28, 2021 10:23am Apr 28, 2021 10:23am
Quoting Moty
1.38500 is tp for today at least {image} {image} {image}
I guess you mean 1.39500

I'm targeting 1.39850 today or tomorrow.
  • #591,918
  • Apr 28, 2021 10:25am Apr 28, 2021 10:25am
Quoting Moty
1.38500 is tp for today at least {image} {image} {image}
1.39500 maybe moth ? Hhaha
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #591,919
  • Apr 28, 2021 10:25am Apr 28, 2021 10:25am
i love buying aussi
when my equity is getting low , i prefer the aussi because margin used is lower ,
so my lot size can be bigger
aussi usually give a pre signal for the usd against pair
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yes yes yes
  • #591,920
  • Apr 28, 2021 10:34am Apr 28, 2021 10:34am
Quoting Vincent1
{quote} {image}

The best example for an abcde-triangle
DS1 was a good resistance
A little fakeout and up we go!
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