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Cable Update (GBPUSD)

  • #598,921
  • Jun 1, 2021 4:09am Jun 1, 2021 4:09am
...I have bullish hidden div in one of my two 1hr oscillators @ the current dly lo....may develop on the other on any deeper drop so long as price stays above 4163.

Good eg of ' extreme deviation ' on 30min with the pinbar/dragonfly doji close outside the 20 bol. Can the bulls build on this base or more downside on the way?

30min below.
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Trader with an Edge.
  • #598,922
  • Jun 1, 2021 4:10am Jun 1, 2021 4:10am
I see cable continuing south, she took a hit from usd pump, eu trying to recover, seen better eg, euro is spanking stirling so my take cable will be double spanked :-)
If you are new to Forex? Say Goodbye to your account!!
  • #598,923
  • Jun 1, 2021 4:10am Jun 1, 2021 4:10am
Quoting Pipa1
{quote} The avg changed to 1.41825 , the market traded higher i added shorts...i didn't updated here.
Thanks for clearing that up
  • #598,924
  • Jun 1, 2021 4:10am Jun 1, 2021 4:10am
The market will hit my zone, or won't go anywhere...it's also possible a new High.But i'll exit at 1.42050 and trade short again.
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #598,925
  • Jun 1, 2021 4:11am Jun 1, 2021 4:11am
Quoting Headland
...I have bullish hidden div in one of my 2 oscillators @ the current dly lo....may develop on the other on any deeper drop so long as price stays above 4163.
WHAT TF?
  • #598,926
  • Jun 1, 2021 4:12am Jun 1, 2021 4:12am
Quoting KiwiTrada
{quote} this has nothing to do with stirling or au$ it is all USD appreciation :-) been a long time coming
I don't care about appreciation or depreciation. It has some business on the upper part of the chart that's all. Just like GU yesterday.
EU will try to hit 1.22548.
  • #598,927
  • Jun 1, 2021 4:13am Jun 1, 2021 4:13am
Quoting Pipa1
The market will hit my zone, or won't go anywhere...it's also possible a new High.But i'll exit at 1.42050 and trade short again.
Why sudden change of heart ? you was so adamant is was going to 1.3900
  • #598,928
  • Edited 4:33am Jun 1, 2021 4:14am | Edited 4:33am
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yes yes yes
  • #598,929
  • Jun 1, 2021 4:14am Jun 1, 2021 4:14am
Quoting Georginson
{quote} Omo Naija, no fear na, u fit buy and put stop loss for 1.4130 area na... This thing wey fall now na correction o. Werey ni pound yii, it will find support at 1.41xx and shoot up again to 1.43xx... Sha prepare yourself ...
I get sell below that 1.413 self. Caught this heavy drop but exited too early. We d watch sha. I still believe the sel
  • #598,930
  • Jun 1, 2021 4:14am Jun 1, 2021 4:14am
Quoting Pipa1
The market will hit my zone, or won't go anywhere...it's also possible a new High.But i'll exit at 1.42050 and trade short again.
I hope for you that the market will not fulfill your heart's wish now
200 pips drop without 4200 again
  • #598,931
  • Jun 1, 2021 4:15am Jun 1, 2021 4:15am
Quoting gatenio
{quote} WHAT TF?

Sorry, I just altered it - it is on 1hr....I don't act unless/until it is on both oscillators and even then there have to be other factors present per my edge for a repeating set-up, to enter the market.
Trader with an Edge.
  • #598,932
  • Jun 1, 2021 4:16am Jun 1, 2021 4:16am
Happy Trading Guys,

GU trapped here?
1.41749 / 1.41910

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  • #598,933
  • Jun 1, 2021 4:16am Jun 1, 2021 4:16am
Quoting Waveskierrob
{quote} Thanks for clearing that up
If wasn't for that empty area i wouldn't close my short positions(was a spontaneous decision )...but, 25 pips are good to cover my waiting in draw.Am green now, so looks ok to me.
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #598,934
  • Jun 1, 2021 4:22am Jun 1, 2021 4:22am
GU under Bull Control
Lost in Narrative
  • #598,935
  • Jun 1, 2021 4:23am Jun 1, 2021 4:23am
Just want to see this candle retrace at least 50pc above 1.42 and possibly look for another short depending on the action on LTFs, no rush to do anything
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  • #598,936
  • Jun 1, 2021 4:25am Jun 1, 2021 4:25am
Quoting Pipa1
{quote} If wasn't for that empty area i wouldn't close my short positions(was a spontaneous decision )...but, 25 pips are good to cover my waiting in draw.Am green now, so looks ok to me.
only 25 pips thought you said that you trade 100 to 200 pips and anything smaller you may as well be at the casino, has your view changed
  • #598,937
  • Jun 1, 2021 4:28am Jun 1, 2021 4:28am
Quoting gatenio
{quote} I hope for you that the market will not fulfill your heart's wish now 200 pips drop without 4200 again
If i'm long, the market is long ...hahaha,i have a magic weapon.GBP drop stopped after recovering my shorts.Won't go anywhere without hitting 1.42050 +.Game changed.I hope this won't hurt your positions.Good luck.I will sell above 1.42050.Am a small bull at the moment
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #598,938
  • Jun 1, 2021 4:29am Jun 1, 2021 4:29am
Quoting mysterio
Just want to see this candle retrace at least 50pc above 1.42 and possibly look for another short depending on the action on LTFs, no rush to do anything {image}
Possible, there was no 50pc retrace on the way up though. Just keep in mind
  • #598,939
  • Jun 1, 2021 4:31am Jun 1, 2021 4:31am
I'm on a sell side.
  • #598,940
  • Jun 1, 2021 4:35am Jun 1, 2021 4:35am
Quoting Pipa1
{quote} If i'm long, the market is long ...hahaha,i have a magic weapon.GBP drop stopped after recovering my shorts.Won't go anywhere without hitting 1.42050 +.Game changed.I hope this won't hurt your positions.Good luck.I will sell above 1.42050.Am a small bull at the moment
i like you pipa1, but better we all stay humble.
friendly advice.
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