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Cable Update (GBPUSD)

  • #601,341
  • Jun 10, 2021 12:22am Jun 10, 2021 12:22am
Quoting Pat Chiko
GU In scalping. Trade what I see. Trading the SNR level upper retest level. Once, it failed, next level down is the target (in the chart) {image}

GU

Scalping trade stopped out. Fantastic Four


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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #601,342
  • Jun 10, 2021 12:23am Jun 10, 2021 12:23am
Quoting Theoak
{quote} OUT of this 7 PIP loss. Look at the size of this daily bear candle Short 1.4110 {image}
Took 16 pips now run rest with next target of green line to take next profit. This is my target and will be caution at this area!!!
Attached Image (click to enlarge)
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Don't trade what you think. Just what you see!!!
  • #601,343
  • Jun 10, 2021 12:24am Jun 10, 2021 12:24am
Quoting Pat Chiko
{quote} GU Scalping trade stopped out. {image}
Same here, sigh. Oh well, on to the next one
  • #601,344
  • Jun 10, 2021 12:24am Jun 10, 2021 12:24am
My bias is short today. It seems like GU is weakening and this is not due to DX gain.
Short seeking entry to 1.4105 - 1.412 range.
  • #601,345
  • Jun 10, 2021 12:25am Jun 10, 2021 12:25am
Quoting JayBag
Good Morning Gang, Considering PA structure, I would like to think today will be a full-blown LIU day. 1.39740 is magnetic. Take care gang and by default, remain KIND.
Maestro, thank you for teaching me patience. I have earned and learned much from you and I thank you
  • #601,346
  • Edited 12:40am Jun 10, 2021 12:25am | Edited 12:40am
Quoting Cr4zy
My bias is short today. It seems like GU is weakening and this is not due to DX gain. Short seeking entry to 1.4105 - 1.412 range.
If there is a retrace above 14110 then yes 14120 be a good place to go down from

took a short from 14093 SL at B/E now

taken profit. Trying a sneaky long now on retrace
Insane in the Brain..
  • #601,347
  • Jun 10, 2021 12:26am Jun 10, 2021 12:26am
Quoting MTF Test
{quote} Fantastic !!! Cheers Bro. I am riding it.
Let's ride it till the wheels fall off bro.

Take Care
  • #601,348
  • Jun 10, 2021 12:28am Jun 10, 2021 12:28am
Quoting Cr4zy
My bias is short today. It seems like GU is weakening and this is not due to DX gain. Short seeking entry to 1.4105 - 1.412 range.
I've noticed GBP seems to do whatever it wants independent of what DXY is doing lately
  • #601,349
  • Jun 10, 2021 12:28am Jun 10, 2021 12:28am
Quoting AlfieSolomon
Just my opinion {image}
Aaaand it worked out perfectly welll
Attached Image (click to enlarge)
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  • #601,350
  • Jun 10, 2021 12:29am Jun 10, 2021 12:29am
Quoting ruben247
{quote} Maestro, thank you for teaching me patience. I have earned and learned much from you and I thank you
I am glad you learned something bro.
When/If you make more than you need, Please try and support any charity around your area.

Be Kind
  • #601,351
  • Jun 10, 2021 12:29am Jun 10, 2021 12:29am
Quoting Cr4zy
My bias is short today. It seems like GU is weakening and this is not due to DX gain. Short seeking entry to 1.4105 - 1.412 range.
In the morning I think this is not going to happen. What I wrote earlier ignore the events!
  • #601,352
  • Jun 10, 2021 12:29am Jun 10, 2021 12:29am
Quoting Theoak
{quote} Took 16 pips now run rest with next target of green line to take next profit. This is my target and will be caution at this area!!! {image}
Bingo Bongo Target HIT!!!!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2021-06-10 082807.png Size: 35 KB
Don't trade what you think. Just what you see!!!
  • #601,353
  • Jun 10, 2021 12:29am Jun 10, 2021 12:29am
Quoting Wavegarrick
{quote} The grind continues. A daily close below the mid-round number 1.41500 will give some hope for bears. I take it in my stride with all trades locked and stops in place. I hope for a break below 1.4100. Trade safe Cheers. {image}
Important zone here folks. The confluence of my monthly pivot at 1.40871 and weekly support 1 at 140823. This area has also served as a bounce point for bulls. If bears can smash through this area it would give me more confidence with my short trades.
Have a great day.
Cheers.
Attached Image (click to enlarge)
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Trade to trade another day
  • #601,354
  • Jun 10, 2021 12:30am Jun 10, 2021 12:30am
Quoting mysterio
{quote} Dxy today nice pinbar reaction when re-testing daily demand, should be headed up now. Still looking for 1.40 next on cable. Yes the correlation isn't perfect but broadly speaking if the dollar starts trending up then cable starts trending down (see: Q1 2021). Yes NFP caused a drop but the big buyers and sellers are in the two zones marked imo. However been holding up above 1.41 really well so not about to rule out yet another bounce {image}
For me path opened to 1.40 and below, I keep looking for short setups on pullbacks
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  • #601,355
  • Jun 10, 2021 12:30am Jun 10, 2021 12:30am
buy - 1.4079

sl - 1.4040
Together we can be strongest
Vantage Return This Month: na
  • #601,356
  • Jun 10, 2021 12:30am Jun 10, 2021 12:30am
Chilling in the bubble bath so this is mobile phone chart but 200d sma is very telling here, if we fall below here we will not revisit 1.42 or above for some time

Edit: I'm feeling more confident, added short position
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  • #601,357
  • Jun 10, 2021 12:31am Jun 10, 2021 12:31am
now it would be a good place to go up how are those doing with margin call?
  • #601,358
  • Jun 10, 2021 12:32am Jun 10, 2021 12:32am
Yes yes yes
Tp is at 1.41500-600
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yes yes yes
  • #601,359
  • Edited 12:45am Jun 10, 2021 12:33am | Edited 12:45am
Quoting Cateus
entered scalping @1.4111 for 20 pips {image}
exited with 20 pips.
Now waiting for the price reaction around the trendline
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  • #601,360
  • Jun 10, 2021 12:35am Jun 10, 2021 12:35am
Quoting Moty
Yes yes yes Tp is at 1.41500-600 {image}
Really happy for you moty
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