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Cable Update (GBPUSD)

  • #649,001
  • Jan 21, 2022 3:32am Jan 21, 2022 3:32am
Quoting mysterio
{quote} Today I want to buy the dip below 1.35735--waiting for London
I am leaning towards 135 today, even indicators at oversold level. Dont see GU going up on my charts.
  • #649,002
  • Jan 21, 2022 3:36am Jan 21, 2022 3:36am
Hmm... I see this thing going high up today. It is a wonder how EU keeps standing tall and GU falls like a pack of cards!

All this is about EURGBP. For price to move up they take EU up or make it stable while they dump GU. What a game!
  • #649,003
  • Jan 21, 2022 3:36am Jan 21, 2022 3:36am
When you trying to catch a falling knife what's going to happen to your hands?
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  • #649,004
  • Jan 21, 2022 3:39am Jan 21, 2022 3:39am
Quoting Szakhele719
When you trying to catch a falling knife what's going to happen to your hands? {image}
Depend how fast the knife down. If slow one. Sure get to be catched
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #649,005
  • Jan 21, 2022 3:43am Jan 21, 2022 3:43am
Quoting Szakhele719
When you trying to catch a falling knife what's going to happen to your hands? {image}
What falling knife? I hope you mean USD, because that will collapse next week...buying dips on EU and GU is the safest thing for a long time into the future.
Everyone can see the chart, but only a few can actually read it.
  • #649,006
  • Jan 21, 2022 3:44am Jan 21, 2022 3:44am
Quoting kris89
{quote} Depend how fast the knife down. If slow one. Sure get to be catched
Lol you are will to take that risk?
  • #649,007
  • Jan 21, 2022 3:44am Jan 21, 2022 3:44am
Quoting navk
{quote} Even if it pulls back to 3600, that is enough. yeah, today is friday. Trend could continue.
i am long also
we are back at 1.35713 and daily candle at dx is bearish
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thank mister goldi
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yes yes yes
  • #649,008
  • Jan 21, 2022 3:46am Jan 21, 2022 3:46am
Quoting Mitiblotch
GU is a complete idiot! It gave me only 3660 yesterday. My TP was 3680. Now it is dumping like a fool. Lol... I wonder how EU and GU decoupled completely, except when the movers want to rip people off. I bought 3568. I am hoping 3550 holds. And see if we can shoot up today. That would be great.
I am out of this trade with just a pip profit. I am not confident about it. Good luck to buyers if it later goes up.
  • #649,009
  • Jan 21, 2022 3:47am Jan 21, 2022 3:47am
Do we have mini W on M15? xD

Lets see how the price planning to go. As i know price is slow down but. Possibility of retest of last low made again

Edited : price crawl slowly to 1.3575 area and violate it
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #649,010
  • Jan 21, 2022 3:48am Jan 21, 2022 3:48am
Quoting OnlineAddict
{quote} What falling knife? I hope you mean USD, because that will collapse next week...buying dips on EU and GU is the safest thing for a long time into the future.
What's going to cause that (USD collapse)?
  • #649,011
  • Jan 21, 2022 3:51am Jan 21, 2022 3:51am
Quoting clemmo17
{quote} What's going to cause that (USD collapse)?
Chart, PA and common sense.
Everyone can see the chart, but only a few can actually read it.
  • #649,012
  • Jan 21, 2022 3:52am Jan 21, 2022 3:52am
H1
1.3572 below = short
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Trendlines H1,H4, SMC
  • #649,013
  • Jan 21, 2022 3:54am Jan 21, 2022 3:54am
I'm looking here.....200MA on 4hr to complete Wave 4 on daily
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Lost....
  • #649,014
  • Jan 21, 2022 3:55am Jan 21, 2022 3:55am
1.35680-1.35713 strong support zone
yes yes yes
  • #649,015
  • Jan 21, 2022 3:56am Jan 21, 2022 3:56am
Quoting Mitiblotch
Hmm... I see this thing going high up today. It is a wonder how EU keeps standing tall and GU falls like a pack of cards! All this is about EURGBP. For price to move up they take EU up or make it stable while they dump GU. What a game!
Hi Miti
Yes and EurGBP is trading off a historically (5 years) strong bounce area at 0.8300. We could see a period of Pound weakness.
Cheers.
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Trade to trade another day
  • #649,016
  • Jan 21, 2022 4:00am Jan 21, 2022 4:00am
Quoting clemmo17
{quote} What's going to cause that (USD collapse)?
he is just day dreaming...
Maadik Hugiis. IQ 69.
  • #649,017
  • Jan 21, 2022 4:01am Jan 21, 2022 4:01am
Quoting OnlineAddict
{quote} What falling knife? I hope you mean USD, because that will collapse next week...buying dips on EU and GU is the safest thing for a long time into the future.
Agree
  • #649,018
  • Jan 21, 2022 4:09am Jan 21, 2022 4:09am
Quoting Szakhele719
When you trying to catch a falling knife what's going to happen to your hands? {image}
I don t see any reason to buy or sell some knifes, it is only no trade, for a while
  • #649,019
  • Jan 21, 2022 4:20am Jan 21, 2022 4:20am
Regardless of what happened yesterday buyer's adaptability could have save the entire situation knowing fully well that 1.36615 could have brought about a change in the overall buying sentiment.
Keep the Lights on then you can catch the rise from the dark.
  • #649,020
  • Jan 21, 2022 4:22am Jan 21, 2022 4:22am
someone said here the usd will collapse next week. so here is not a bad buying point...
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Maadik Hugiis. IQ 69.
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