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Cable Update (GBPUSD)

  • #652,301
  • Feb 17, 2022 7:26pm Feb 17, 2022 7:26pm
Quoting letsride
{quote} What makes you think we shall see such a deep drop? I'm short at the moment, but expecting solid data GBP data. Just curious... :-)
level based trading.

3640 is important resistance to break.
Intraday only.
  • #652,302
  • Feb 17, 2022 7:39pm Feb 17, 2022 7:39pm
Quoting letsride
{quote} What makes you think we shall see such a deep drop? I'm short at the moment, but expecting solid data GBP data. Just curious... :-)
Valid point letsride, I notice you are short, why?

My guess is the markets hate uncertainty, more than anything, and only one place to go before things settle again, lower, with inevitable random spikes meantime.

We wait, as always, but current circumstances are dire with regard to a positive outcome, uncertainty and trepidation rule the markets for now.
"Don't Shoot Me I'm Only the Piano Player"
  • #652,303
  • Feb 17, 2022 8:24pm Feb 17, 2022 8:24pm
Quoting yani38
{quote} Valid point letsride, I notice you are short, why? My guess is the markets hate uncertainty, more than anything, and only one place to go before things settle again, lower, with inevitable random spikes meantime. We wait, as always, but current circumstances are dire with regard to a positive outcome, uncertainty and trepidation rule the markets for now.
I'm looking to take advantage of a small correction (at least, one wishes it to be bigger), before an anticipated rocket boost tomorrow. I think we'll definitely be seeing weekly highs. I don't think we are in bearish territory currently, though.

The above being said comes with huge caviats though. The smallest, Storm Eugune, the larger issue at hand is the geo-political sabre rattling.
  • #652,304
  • Feb 17, 2022 8:33pm Feb 17, 2022 8:33pm
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yes yes yes
  • #652,305
  • Feb 17, 2022 8:39pm Feb 17, 2022 8:39pm
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"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #652,306
  • Feb 17, 2022 8:41pm Feb 17, 2022 8:41pm
Goldi dropped 15 pts during the night , this is almost the adr ( 17 pts)
Come on mf, drop more
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yes yes yes
  • #652,307
  • Feb 17, 2022 11:38pm Feb 17, 2022 11:38pm
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yes yes yes
  • #652,308
  • Feb 18, 2022 12:33am Feb 18, 2022 12:33am
Quoting Wavegarrick
{quote} So far so good Folks. I have entered a buy trade with a daily close above 1.3550. It is important for a daily/weekly close above 1.3600 if bulls want to maintain their dominance. A strong close below 1.3550 will invalidate my view. Have a great day. Cheers {image}
Buy trade opened with a bounce off 1.36000. S/loss 35 pips. My weekly res 1 at 1.36448 beckons.
Cheers.
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Trade to trade another day
  • #652,309
  • Feb 18, 2022 12:38am Feb 18, 2022 12:38am
Quoting Wavegarrick
{quote} Buy trade opened with a bounce off 1.36000. S/loss 35 pips. My weekly res 1 at 1.36448 beckons. Cheers. {image}
im not confident to buy on that high >.< so i prefer to sell with low risk , at least if price show sign of breaking upside maybe i can enter later , can be a false move friday
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #652,310
  • Feb 18, 2022 12:43am Feb 18, 2022 12:43am
Quoting nAVIN2007
{quote} doubt it ..at least not yet..if we break the previous month high perhaps
The daily close above 1.36 is significant I think
Compulsions can be hard to resist
  • #652,311
  • Feb 18, 2022 12:47am Feb 18, 2022 12:47am
Quoting Robinhood1
{image}
Goodday Gann fans
Displaying a parallel line. Still same steepness
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POSTMASTER
  • #652,312
  • Feb 18, 2022 12:52am Feb 18, 2022 12:52am
Gold I believe will break yesterday’s high, currently I am long gold. Gbpusd also I believe is in an upwards trend currently
  • #652,313
  • Feb 18, 2022 1:05am Feb 18, 2022 1:05am
Drop like a stone mf
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yes yes yes
  • #652,314
  • Feb 18, 2022 1:15am Feb 18, 2022 1:15am
we are in daily area that could break up from HnS and repel back down , anything could possible in these GU scenario , better awaiting a good sign before entry
ive a feeling that above that have magnet for this pair to take once again , but ill entry when it signed

edited : im awaiting next sell @1.36250 area if that area holding this price to go up
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #652,315
  • Feb 18, 2022 1:23am Feb 18, 2022 1:23am
Quoting kris89
we are in daily area that could break up from HnS and repel back down , anything could possible in these GU scenario , better awaiting a good sign before entry ive a feeling that above that have magnet for this pair to take once again , but ill entry when it signed edited : im awaiting next sell @1.36250 area if that area holding this price to go up
I think 80% of the forumers here never watch the NFP.

strange.
  • #652,316
  • Feb 18, 2022 1:27am Feb 18, 2022 1:27am
Quoting tiborf71
{quote} I think 80% of the forumers here never watch the NFP. strange.
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #652,317
  • Feb 18, 2022 1:33am Feb 18, 2022 1:33am
entered my sell plan @1.36270 sl 10 pip , try the prickles
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #652,318
  • Feb 18, 2022 1:52am Feb 18, 2022 1:52am
Gbpjpy I am currently long
  • #652,319
  • Feb 18, 2022 1:58am Feb 18, 2022 1:58am
Usdjpy currently long
  • #652,320
  • Feb 18, 2022 2:02am Feb 18, 2022 2:02am
L.O Started , lets see where did it bring us

edited : 1.36300 should be today high and ADR low can be 1.35300 or more lower
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
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