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Cable Update (GBPUSD)

  • #652,941
  • Feb 28, 2022 2:48am Feb 28, 2022 2:48am
Not a great set-up, but a small lot

Short in at 1.3355 target 1.3340
Don't trade what you think. Just what you see!!!
  • #652,942
  • Feb 28, 2022 3:13am Feb 28, 2022 3:13am
Attached Image (click to enlarge)
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yes yes yes
  • #652,943
  • Feb 28, 2022 3:14am Feb 28, 2022 3:14am
Today candle could be bearish. Since these monthly close will be today. Ill try to sell high
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #652,944
  • Feb 28, 2022 3:16am Feb 28, 2022 3:16am
Quoting Moty
Go.to the gap mf {image}
little bounce with the DOW
  • #652,945
  • Feb 28, 2022 3:23am Feb 28, 2022 3:23am
my view

it is important to stay above S
if yes = long
Attached Image (click to enlarge)
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Trendlines H1,H4, SMC
  • #652,946
  • Feb 28, 2022 5:02am Feb 28, 2022 5:02am
Ty mister goldi and eur
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yes yes yes
  • #652,947
  • Feb 28, 2022 5:03am Feb 28, 2022 5:03am
If 1.3413 is broke then I'd be bullish, but there is a lot of resistance at this level
Don't trade what you think. Just what you see!!!
  • #652,948
  • Feb 28, 2022 5:06am Feb 28, 2022 5:06am
The gap is close
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yes yes yes
  • #652,949
  • Feb 28, 2022 5:09am Feb 28, 2022 5:09am
Quoting Theoak
If 1.3413 is broke then I'd be bullish, but there is a lot of resistance at this level
Looks gap filled and tp done already, still should try for 3420/23 or even up for 3473/below 84 limit as eu to do 1267 + below 12878 limit before next leg down!
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #652,950
  • Feb 28, 2022 5:19am Feb 28, 2022 5:19am
Quoting fontu
{quote} Looks gap filled and tp done already, still should try for 3420/23 or even up for 3473/84 as eu to do 1267 +before next leg down! {image}
If this level is broken I will be targeting 1.3465... but if this level is not broken will be tempted by a small short!
Don't trade what you think. Just what you see!!!
  • #652,951
  • Feb 28, 2022 6:01am Feb 28, 2022 6:01am
Quoting Theoak
{quote} If this level is broken I will be targeting 1.3465... but if this level is not broken will be tempted by a small short!
Gone for short in at 1.3392
Don't trade what you think. Just what you see!!!
  • #652,952
  • Feb 28, 2022 6:07am Feb 28, 2022 6:07am
Quoting Theoak
{quote} If this level is broken I will be targeting 1.3465... but if this level is not broken will be tempted by a small short!
Likely go more up. Not doing any but will follow only.
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #652,953
  • Feb 28, 2022 6:34am Feb 28, 2022 6:34am
Quoting fontu
{quote} Likely go more up. Not doing any but will follow only. {image} {image}
I have a small short on at the moment 10 pips in a hole (playing with resistance level). If it breaks 1.3414 will go bull!!! hopefully to target
Don't trade what you think. Just what you see!!!
  • #652,954
  • Feb 28, 2022 8:16am Feb 28, 2022 8:16am
Ty mister Aussie
50 pips like always
Only the gu mf didn't gave his share
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yes yes yes
  • #652,955
  • Feb 28, 2022 8:47am Feb 28, 2022 8:47am
Quoting Moty
Ty mister Aussie 50 pips like always Only the gu mf didn't gave his share {image}
The mf gave his share
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yes yes yes
  • #652,956
  • Feb 28, 2022 9:08am Feb 28, 2022 9:08am
Quoting Theoak
{quote} I have a small short on at the moment 10 pips in a hole (playing with resistance level). If it breaks 1.3414 will go bull!!! hopefully to target
Long in at 1.3420 target 1.3465
Don't trade what you think. Just what you see!!!
  • #652,957
  • Feb 28, 2022 9:09am Feb 28, 2022 9:09am
so the same , playing through pa standard , no crazy , till eu gap fill 1267
Attached Image (click to enlarge)
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #652,958
  • Feb 28, 2022 9:28am Feb 28, 2022 9:28am
Hi guys,

I'd really appreciate your help with this as it's driving me insane.

I'm hoping you can help/give me some insight into what's going on with my trading at the moment.

I've hit a place where, after being largely very very successful, I cannot seem to read the market anymore.

I trade GBP.USD

I'm not sure if I'm entering at poor times, or if rather, there's things I'm not taking into consideration.

So I trade with the Fundamentals obviously heavily in view at the moment but above that, technicality wise, I only use price action.

I look for strong levels of S/R. I use 15/30/50/100/200. I day trade so I only tend to look towards lower timeframes such as 15/30/1HR.

Looking at other things, I look at the DXY, but the way it moves really baffles me at the moment. I also look at USOIL, UK100. I also watch Twitter actively for breaking news.

I have just started looking at NZDUSD for indications of movements.

Questions -- Should I be looking for more? My system worked for a long time previously but now, it's seemingly useless.

1.Should I leave the GBP,USD for the time being and look towards another currency?
2.Should I be looking at other currencies for cues?
3.Should I add anything which could actively help me with my entries?
4.Lastly should I pay close attention to the opening closing times? When I say this, I mean, I've noticed pops at 08:00GMT 13:30GMT, 14:30GMT 15:00GMT. I do sometimes trade in the late hours.
Can anyone share an insight of how they approach intraday trading? May eliminate the majority of my questions.

Thanks
  • #652,959
  • Feb 28, 2022 10:18am Feb 28, 2022 10:18am
Quoting Wavegarrick
{quote} Hi Guys, With today and Monday left for this month to end I find it hard to believe that Gu will close the month above 1.35000. We have retraced the day to my monthly open at 1.34384 ish only to be pushed back down. I am getting bearish signals from a 4 hourly perspective suffice to say also from a daily perspective. 1.32500 should be an immediate target and a weekly close below that sure reaches for my quarter's theory at 1.30000. Uncertain times with the Ukrainian/ Russian war. So trade cautiously. Have a great weekend, Cheers. {image}...
Gu Sell trade opened at 1.34063,
Cheers.
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Trade to trade another day
  • #652,960
  • Feb 28, 2022 10:27am Feb 28, 2022 10:27am
Good day
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yes yes yes
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