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Cable Update (GBPUSD)

  • #653,241
  • Mar 7, 2022 8:08am Mar 7, 2022 8:08am
Quoting GilverTrader
{quote} NY isn't over yet, I think DXY is going to retrace in the later parts of NY, I'm expecting XXX/USD to make a rally.
I'm expecting it too. I believe some people bought the spike and now price is down to take them out. Let's see how it goes.
  • #653,242
  • Mar 7, 2022 8:14am Mar 7, 2022 8:14am
Quoting nAVIN2007
{quote} A very good trader mentioned at the time of the war, yen is going to act as a safe haven, short Gbp, Euro but I cannot understand how he would know this At this point I just need to get out or work out where this is going long term This blasted war has got me in a mess..lol {image}
every where news war and war, why war why? you are so focused on the hustle and bustle out there that you forget about your own TA

every day we are always at war yes of course bull and bear. lol
Daddy, Brother, Lover, Little Boy
  • #653,243
  • Edited 8:27am Mar 7, 2022 8:14am | Edited 8:27am
Now I'm turning bullish at gradual levels...
BUY 1 @ 1.3130
BUY 2 LIMIT @ 1.3030
BUY 3 LIMIT @ 1.2950

ALL TARGET 1.3400.

EQUITY can tolerate floating to 1.2000, so No SL.

Please no obligation to follow.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20220307-172600~2.png Size: 196 KB
Data + Stat + Risk/Emotions Management
  • #653,244
  • Mar 7, 2022 8:17am Mar 7, 2022 8:17am
Quoting Georginson
Now I'm turning bullish at gradual levels... BUY 1 @ 1.3130 BUY 2 LIMIT @ 1.3030 BUY 3 LIMIT @ 1.2950 ALL TARGET 1.3400. EQUITY can tolerate floating to 1.2000, so No SL. Please no obligation to follow.
In other words, the price movers can go kill themselves!
  • #653,245
  • Mar 7, 2022 8:18am Mar 7, 2022 8:18am
Quoting Mr.Burger
{quote} every where news war and war, why war why? you are so focused on the hustle and bustle out there that you forget about your own TA every day we are always at war yes of course bull and bear. lol
very true lol
  • #653,246
  • Mar 7, 2022 8:19am Mar 7, 2022 8:19am
Quoting Georginson
Now I'm turning bullish at gradual levels... BUY 1 @ 1.3130 BUY 2 LIMIT @ 1.3030 BUY 3 LIMIT @ 1.2950 ALL TARGET 1.3400. EQUITY can tolerate floating to 1.2000, so No SL. Please no obligation to follow.

I flipping hope so
  • #653,247
  • Mar 7, 2022 8:26am Mar 7, 2022 8:26am
Quoting Mr.Burger
{quote} every where news war and war, why war why? you are so focused on the hustle and bustle out there that you forget about your own TA every day we are always at war yes of course bull and bear. lol
Please call yourself Professor Burger...
  • #653,248
  • Mar 7, 2022 8:27am Mar 7, 2022 8:27am
Quoting Mitiblotch
{quote} I'm expecting it too. I believe some people bought the spike and now price is down to take them out. Let's see how it goes.
DXY on sudden rampage lol.
  • #653,249
  • Mar 7, 2022 8:34am Mar 7, 2022 8:34am
Quoting GilverTrader
{quote} Please call yourself Professor Burger...
seriously I need some fun
Daddy, Brother, Lover, Little Boy
  • #653,250
  • Mar 7, 2022 8:39am Mar 7, 2022 8:39am
Quoting Mr.Burger
{quote} seriously I need some fun
Cable bears toying with Cable bulls at the moment...thoughts?
  • #653,251
  • Mar 7, 2022 8:50am Mar 7, 2022 8:50am
this dx mf is very stubborn
again he went up
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: gu.png Size: 55 KB
yes yes yes
  • #653,252
  • Mar 7, 2022 8:55am Mar 7, 2022 8:55am
Quoting Moty
this dx mf is very stubborn again he went up {image} {image}
One is real, one is a fakeout. Question for us is...which?
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 64 KB
  • #653,253
  • Mar 7, 2022 9:03am Mar 7, 2022 9:03am
Quoting Wavegarrick
{quote} London open was a no-go for me. Scalp Buy trade opened at 1.31533 s/loss 25 pips. Target 1.3300. Cheers.
trying my crystal magic ball, buy when all europe market closed. at 1.3109
SL = 1.3089
TP = 1.3149
wish me luck.
SU
  • #653,254
  • Mar 7, 2022 9:07am Mar 7, 2022 9:07am
Quoting GilverTrader
{quote} DXY on sudden rampage lol.
I think at this point it's a pound problem. EU is very much above its daily low while GU keeps digging the trenches. Bulls have no hope here. For some time now EU has had a larger daily range, but I don't want to forget the beast that GU can be when it wants.
  • #653,255
  • Edited 9:50am Mar 7, 2022 9:38am | Edited 9:50am
Quoting ServerUang
{quote} trying my crystal magic ball, buy when all europe market closed. at 1.3109 SL = 1.3089 TP = 1.3149 wish me luck. SU
Moving My SL to 1.3112 (break event point)
wish me luck
SU
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15 with SL TP.png Size: 63 KB
  • #653,256
  • Mar 7, 2022 10:03am Mar 7, 2022 10:03am
I seem to be in real trouble here.
I bought the pound at 1.36176

I'm looking at a possible margin call this afternoon if it doesn't come way up :-(
  • #653,257
  • Mar 7, 2022 10:21am Mar 7, 2022 10:21am
Quoting Bill88
I seem to be in real trouble here. I bought the pound at 1.36176 I'm looking at a possible margin call this afternoon if it doesn't come way up :-(
Jesus Christ, you're 500 pips OTM....
  • #653,258
  • Mar 7, 2022 10:30am Mar 7, 2022 10:30am
Quoting nAVIN2007
{quote} A very good trader mentioned at the time of the war, yen is going to act as a safe haven, short Gbp, Euro but I cannot understand how he would know this At this point I just need to get out or work out where this is going long term This blasted war has got me in a mess..lol {image}
I'm with on longs too. Yes we might have gotten it wrong somehow. Even without this war, i kept pointing towards 1.32 to 1.30 but boy did i take my own advice? NO. However, i expect maximum for now to be 1.29, though i expect yearly S1 to hold which is around 1.305 ( Max it drops to 1.29). What I'm sure about is that the upward surge will be massive 400 to 600 pips and with that your 1.35 area target will be met. I have my TPS around 1.35. The question again is will I be patient for it to hit as i foolishly exited my perfect sells from 1.362 area? Silly me. Infact, if we exceed 1.36 well, we may welcome 1.4 again. Your lots i think are safe, right.
Cheers mate
  • #653,259
  • Mar 7, 2022 10:31am Mar 7, 2022 10:31am
Quoting GilverTrader
{quote} Jesus Christ, you're 500 pips OTM....
Yep, I never did set a stop loss.

What do you think are the chances of it coming up soon?
  • #653,260
  • Mar 7, 2022 10:33am Mar 7, 2022 10:33am
Quoting Mitiblotch
{quote} In other words, the price movers can go kill themselves!
Omo make them go shit for them pants
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