Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#653,261
Mar 7, 2022 10:33am Mar 7, 2022 10:33am

Nd10
Joined Mar 2019 | Status: Trader | 1,374 Posts

Quoting nAVIN2007

Disliked

{quote} I flipping hope so

Ignored

We sure are at the end of bear run. Don't be surprised this thing might hammer 1000 pips straight to 1.4

#653,262
Mar 7, 2022 10:34am Mar 7, 2022 10:34am

GilverTrader
| Membership Revoked | Joined Feb 2022 | 156 Posts

Quoting Bill88

Disliked

{quote} Yep, I never did set a stop loss. What do you think are the chances of it coming up soon?

Ignored

I think bulls will attempt for and achieve 1.3220 within the next 24 hours.

From that point, I will re-assess.

I might be wrong.

#653,263
Mar 7, 2022 10:35am Mar 7, 2022 10:35am

Nd10
Joined Mar 2019 | Status: Trader | 1,374 Posts

Quoting GilverTrader

Disliked

{quote} DXY on sudden rampage lol.

Ignored

Gunning for psychological 100

#653,264
Mar 7, 2022 10:36am Mar 7, 2022 10:36am

Bill88
| Joined Sep 2010 | Status: Trader | 37 Posts

Quoting GilverTrader

Disliked

{quote} I think bulls will attempt for and achieve 1.3220 within the next 24 hours. From that point, I will re-assess. I might be wrong.

Ignored

I'll be over here biting my nails :-/

#653,265
Mar 7, 2022 10:45am Mar 7, 2022 10:45am

Moty
Joined Dec 2017 | Status: Trader | 30,688 Posts

took long before the signal
usually this is a receipt for disaster

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yes yes yes

#653,266
Mar 7, 2022 11:06am Mar 7, 2022 11:06am

Nd10
Joined Mar 2019 | Status: Trader | 1,374 Posts

Quoting Bill88

Disliked

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 :-(

Ignored

Margin call. Wow. That means you were fully lotted or over lotted. It will definitely get back there. Matter of time. Wish you strength

#653,267
Mar 7, 2022 11:33am Mar 7, 2022 11:33am

GilverTrader
| Membership Revoked | Joined Feb 2022 | 156 Posts

Quoting Mitiblotch

Disliked

{quote} 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.

Ignored

You're right. Nice observation.

#653,268
Mar 7, 2022 12:52pm Mar 7, 2022 12:52pm

nAVIN2007
Joined Dec 2007 | Status: mac daddy junior :) | 20,899 Posts

Quoting Nd10

Disliked

{quote} 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...

Ignored

im in around 3 pound a point, so far DD is around 22% if war continues thing might not be able to go back up. I think we were heading up b4 the war

but the war news has changed everything now I don’t how it can rise..let’s see

#653,269
Mar 7, 2022 3:31pm Mar 7, 2022 3:31pm

Nala66
Joined Mar 2016 | Status: Trader | 6,389 Posts

Quoting Bill88

Disliked

{quote} Yep, I never did set a stop loss. What do you think are the chances of it coming up soon?

Ignored

It is always sad to see traders get themselves into these situations. Thinking trades is never a good idea.

You may have a chance now because price has hit the AB = CD target and is in divergence. What you now need to see is the bulls crossing the EMA and finding support to take them up again but nowhere near the amount you require.

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#653,270
Mar 7, 2022 5:40pm Mar 7, 2022 5:40pm

Moty
Joined Dec 2017 | Status: Trader | 30,688 Posts

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yes yes yes

#653,271
Mar 7, 2022 7:53pm Mar 7, 2022 7:53pm

kris89
Joined Mar 2021 | Status: Crazy Frog | 3,775 Posts

price really playout with close candle 1.31000 , give temptation on more lower or going pick upside , price already break down the daily level , price may retrace after all

adding my last pillar @1.31100 for retracing

"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"

#653,272
Mar 7, 2022 8:01pm Mar 7, 2022 8:01pm

Wongkampoeng
| Joined Nov 2021 | Status: Trader | 105 Posts

I'm curious about this pair, I make sales based on existing trends

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#653,273
Mar 7, 2022 8:53pm Mar 7, 2022 8:53pm

Bill88
| Joined Sep 2010 | Status: Trader | 37 Posts

Quoting Nala66

Disliked

{quote} It is always sad to see traders get themselves into these situations. Thinking trades is never a good idea. You may have a chance now because price has hit the AB = CD target and is in divergence. What you now need to see is the bulls crossing the EMA and finding support to take them up again but nowhere near the amount you require. {image}

Ignored

Thanks for the input tho.

#653,274
Edited 9:18pm Mar 7, 2022 8:57pm | Edited 9:18pm

Bill88
| Joined Sep 2010 | Status: Trader | 37 Posts

Quoting Nd10

Disliked

{quote} Margin call. Wow. That means you were fully lotted or over lotted. It will definitely get back there. Matter of time. Wish you strength

Ignored

Thank you for the well wishes.