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Cable Update (GBPUSD)

  • #651,621
  • Feb 10, 2022 8:09am Feb 10, 2022 8:09am
It was a bulls trap all the way
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yes yes yes
  • #651,622
  • Feb 10, 2022 8:14am Feb 10, 2022 8:14am
my view
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  • #651,623
  • Feb 10, 2022 8:19am Feb 10, 2022 8:19am
Quoting viktoriaxz
i have target 1.34500 on h4.but i wait this target several days. i have two indicator h4,only from yesterday evening second indi become red.All 3 days it stays green .h1 only from today.
I am with you on this one Victoria...
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Always trade your own plan...I don't provide trading signals.
  • #651,624
  • Feb 10, 2022 8:27am Feb 10, 2022 8:27am
if look h4.it need a lot of time to change it.
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  • #651,625
  • Feb 10, 2022 8:32am Feb 10, 2022 8:32am
Crooky goldi made a false break that turned into a bad ass ingulfing bearish candle at the res that i mentioned yesterday
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yes yes yes
  • #651,626
  • Feb 10, 2022 8:33am Feb 10, 2022 8:33am
Let see. XD my buy is in daily open. And price playing around it. Will hold these one
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #651,627
  • Feb 10, 2022 8:38am Feb 10, 2022 8:38am
... the u.s Cpi numbers although above forecasts were not wildly over forecasts so the knee-jerk react was buy $, and now support has kicked in - ie given this, will there be sufficient $ interest to take it lower at the moment? Food for thought. It is likely that the current 30min prev sw hi (pink zone on chart below) @ today's current hi will firm up into a prev 1hr sw hi at close of this 1hr candle, = prev res = pot res.

1hr below.
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Trader with an Edge.
  • #651,628
  • Feb 10, 2022 8:45am Feb 10, 2022 8:45am
reacting protect h close at 0r below 3524! there can be news too!lets see
not necessarily but 3558 may respect!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #651,629
  • Feb 10, 2022 9:02am Feb 10, 2022 9:02am
spechless ...
  • #651,630
  • Feb 10, 2022 9:13am Feb 10, 2022 9:13am
She just want your SL
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #651,631
  • Feb 10, 2022 9:14am Feb 10, 2022 9:14am
Right time, right decision, I closed all my shorts at lows.

And it has reversed !!

Bulls to take over from now oN. yES.
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Intraday only.
  • #651,632
  • Feb 10, 2022 9:18am Feb 10, 2022 9:18am
Quoting Headland
{quote} Yeh, the 5min bullish hidden div @ the 38.2% of the day's current rise caught it. Re where it is going? Well, as you say, it's rare to have a strong rise or fall without another attempt on the hi/lo at least, after a pullback, which is what we are seeing now, and this is why a hidden div play is so hi in probability. I guess upcoming U.s Cpi may determine where next? (or not!) --------------------------------------- 1hr below {image}
Didnt catch the drop. I thought yesterdays high might be spiked into first so ended up leaving it

They even set up a bull flag to bring in buyers pre news

However did catch some buy after DXY ate the FVG/imbalance, GU punched into asia lows/demand

however, my plan was to hold it to 1.36 but just closed early on impulse again... arrrgh

Still good profit day just missed opps
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  • #651,633
  • Feb 10, 2022 9:23am Feb 10, 2022 9:23am
so far so good

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POSTMASTER
  • #651,634
  • Feb 10, 2022 9:26am Feb 10, 2022 9:26am
Quoting kris89
Let see. XD my buy is in daily open. And price playing around it. Will hold these one
Chiken run
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #651,635
  • Feb 10, 2022 9:27am Feb 10, 2022 9:27am
Quoting Coreg2004
{quote} I am with you on this one Victoria... {image}
If price passes 78.6% or 1.35978, the ABCD pattern could be invalid at this point.....
Lost....
  • #651,636
  • Feb 10, 2022 9:28am Feb 10, 2022 9:28am
Quoting Wavegarrick
{quote} Hi Guys, It is becoming more apparent that Gu is ranging sideways. For 5 days price has been unable to close below my monthly pivot (horizontal grey line) at 1.35162 and more so below 1.3500. We have also not had a daily close above 1.35500. At this point, Gu needs a catalyst for the next direction. So safely speaking for me I will look to add shorts with a daily close below 1.3500 and long with a daily close above 1.35500. Trade safe Cheers. {image}
An important area for bulls folks,
More importantly, can we close the day above 1.35500?
Trade safe,
Cheers.
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Trade to trade another day
  • #651,637
  • Feb 10, 2022 9:35am Feb 10, 2022 9:35am
No selling before 1.3628-- there is a swing high from the 3rd price is going for. Look above there for a retracement sell
  • #651,638
  • Feb 10, 2022 9:44am Feb 10, 2022 9:44am
Quoting Wavegarrick
{quote} An important area for bulls folks, More importantly, can we close the day above 1.35500? Trade safe, Cheers. {image}
Well, what can I say, Right now springloaded with price at 1.36170,
To my year-long dislikers.
.
You just make me more determined than ever.
Cheers.
Trade to trade another day
  • #651,639
  • Feb 10, 2022 9:47am Feb 10, 2022 9:47am
Trade safe
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Intraday Trading is an Art _ hoda
  • #651,640
  • Feb 10, 2022 9:50am Feb 10, 2022 9:50am
Recommendation with no obligation to follow:
Now wait to sell at 1.3660 if price closes today above 1.3570, target 1.3200.
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Data + Stat + Risk/Emotions Management
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