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Cable Update (GBPUSD)

  • #647,481
  • Jan 7, 2022 6:53am Jan 7, 2022 6:53am
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#Stay blue. /swinger/scalper/
  • #647,482
  • Jan 7, 2022 6:53am Jan 7, 2022 6:53am
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pending order set for NFP!
  • #647,483
  • Jan 7, 2022 6:55am Jan 7, 2022 6:55am
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yes yes yes
  • #647,484
  • Jan 7, 2022 7:04am Jan 7, 2022 7:04am
took buy scalp after some lows were taken, price accepted above bearish imbalance

SL to breakeven
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  • #647,485
  • Jan 7, 2022 7:10am Jan 7, 2022 7:10am
Quoting stevepatt
GBP/USD H4 Observations I won't be surprised to see a "Spike Up" during NFP to pick up any remaining Liquidity wait and see.... {image}

GBP/USD M30 Observations

More detail....
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  • #647,486
  • Jan 7, 2022 7:27am Jan 7, 2022 7:27am
Quoting kuroro001
If you enjoy GBPJPY, you'll know what to do {image}
Drop it like is hot?
  • #647,487
  • Jan 7, 2022 7:31am Jan 7, 2022 7:31am
Quoting mysterio
took buy scalp after some lows were taken, price accepted above bearish imbalance SL to breakeven {image} {image}
close trade
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  • #647,488
  • Jan 7, 2022 7:34am Jan 7, 2022 7:34am
Quoting mysterio
{quote} close trade {image}
Congrats
  • #647,489
  • Jan 7, 2022 7:36am Jan 7, 2022 7:36am
Home run for the bulls!
Insane in the Brain..
  • #647,490
  • Edited 7:58am Jan 7, 2022 7:38am | Edited 7:58am
no bull, bear game not much, bull won the game??? even game
  • #647,491
  • Jan 7, 2022 7:43am Jan 7, 2022 7:43am
Quoting buddha-
no bull, bear game
Data wasn’t good though? Or am I missing something?
Insane in the Brain..
  • #647,492
  • Jan 7, 2022 7:47am Jan 7, 2022 7:47am
Quoting BeeTogether
{quote} Data wasn’t good though? Or am I missing something?
Yes data was a miss, but sometimes markets may not respond well to the data in the short term.

But in the long run, GBP seems strong fundamentally. I wouldn't want to short this pair.
You have to have an IQ higher than 90 to interact with this user.
  • #647,493
  • Jan 7, 2022 7:51am Jan 7, 2022 7:51am
2 times stops hunts , now it's time to fly
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yes yes yes
  • #647,494
  • Jan 7, 2022 7:51am Jan 7, 2022 7:51am
Quoting Nd10
{quote} Congress is rats
we know
  • #647,495
  • Jan 7, 2022 8:01am Jan 7, 2022 8:01am
Quoting RCtrader
Did anyone notice that there is a bearish divergence on the daily chart? GBPUSD Reached Resistance
how can you see this?
  • #647,496
  • Jan 7, 2022 8:01am Jan 7, 2022 8:01am
Quoting W0lfram
{quote} Where is it? Very poor pattern recognition ability I have lol
W0lfram

I happened to take a trade off of the shoulder but it was for other reasons (VWAP, pivot, asia high stops)

I was curious about the pattern because i've seen it mentioned here so this is the first time I noticed it

Of course it was stop hunted at NFP, one of the reasons I went long
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  • #647,497
  • Jan 7, 2022 8:01am Jan 7, 2022 8:01am
Quoting Moty
2 times stops hunts , now it's time to fly {image}
Will buy below 3480 or sell above 3560/70

But intraday is bearish to me for now
COT: The precious data ignored
  • #647,498
  • Jan 7, 2022 8:07am Jan 7, 2022 8:07am
Quoting maxi444
{quote} how can you see this?
Basically, I have an indicator that acts as an EA and tells me when there is divergence.
If I was to look at MACD, I would say that there is bearish divergence on H4 rather than daily.
Risk Management is of utmost importance!
  • #647,499
  • Jan 7, 2022 8:10am Jan 7, 2022 8:10am
Quoting kuroro001
{quote} Will buy below 3480 or sell above 3560/70 But intraday is bearish to me for now
I believe it will go up to 1.36-1.37 because of the dx gap
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yes yes yes
  • #647,500
  • Jan 7, 2022 8:13am Jan 7, 2022 8:13am
Quoting Moty
2 times stops hunts , now it's time to fly {image}
Why buy at resistance?
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