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Cable Update (GBPUSD)

  • #653,701
  • Edited 12:34am Mar 14, 2022 12:23am | Edited 12:34am
I'm seeing price will seek buyside liquidity first, take out those shorts then go down after it.
My interest would be 1.312xx.
  • #653,702
  • Mar 14, 2022 12:26am Mar 14, 2022 12:26am
When The King, a.k.a. The US Dollar, is invading the 1.30-1.29 pound territory, nobody is screaming "Stop the Invasion!"... I wonder why?
Maadik Hugiis. IQ 69.
  • #653,703
  • Mar 14, 2022 12:32am Mar 14, 2022 12:32am
Quoting MoneyZilla
When The King, a.k.a. The US Dollar, is invading the 1.30-1.29 pound territory, nobody is screaming "Stop the Invasion!"... I wonder why?
haha. J.B is sureshoot right now , bubble about to blew , ill not with JB these time
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #653,704
  • Mar 14, 2022 12:33am Mar 14, 2022 12:33am
but i know one word as Cheap Pounds >.< , when its cheap we buy it , when it expensive sell it for profit >.<
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #653,705
  • Mar 14, 2022 12:35am Mar 14, 2022 12:35am
Quoting MoneyZilla
When The King, a.k.a. The US Dollar, is invading the 1.30-1.29 pound territory, nobody is screaming "Stop the Invasion!"... I wonder why?
Because they're not in the other side of the world, haha!
  • #653,706
  • Mar 14, 2022 12:39am Mar 14, 2022 12:39am
Quoting navk
{quote} I think other way. 3000 is psychological number. Less risk. failure to break 3000 will see a bull move 100 pips.
It's major large quarters points --- main levels forex thousand pips interval, LIQINS
Daddy, Brother, Lover, Little Boy
  • #653,707
  • Mar 14, 2022 12:41am Mar 14, 2022 12:41am
Go up mf , i am selling the nrlext hourly low
Or at the pivot line
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yes yes yes
  • #653,708
  • Mar 14, 2022 12:45am Mar 14, 2022 12:45am
Quoting navk
{quote} I think other way. 3000 is psychological number. Less risk. failure to break 3000 will see a bull move 100 pips.
I'm analysing it from swing perspective not from intraday perspective. 100 pips bounce here and there in oversold condition isn't impossible. Yes, I agree that 1.3000 is a psychological level which may bring some near term relief for bulls.
Data + Stat + Risk/Emotions Management
  • #653,709
  • Mar 14, 2022 12:48am Mar 14, 2022 12:48am
Quoting Moty
Go up mf , i am selling the nrlext hourly low Or at the pivot line {image}
Did you exited your previous GU longs?
My expectation is higher than that area
  • #653,710
  • Mar 14, 2022 12:58am Mar 14, 2022 12:58am
with oversold condition ,we will have at least 100 pip correction its reasonable . but we anticipate of bear enter again after reach that reasonable area , if it passed and close in invalidation we can follow the wave , just follow the wave its just like that
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #653,711
  • Mar 14, 2022 1:13am Mar 14, 2022 1:13am
Closed my longs, was holding it with 100% emotions haha, I can't get rid of this.
My next interest for adding another position
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  • #653,712
  • Mar 14, 2022 1:15am Mar 14, 2022 1:15am
Quoting Moty
Go up mf , i am selling the nrlext hourly low Or at the pivot line {image}
Entered short
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yes yes yes
  • #653,713
  • Mar 14, 2022 1:17am Mar 14, 2022 1:17am
there is areason i didnt sell ,and just buy from below 1.30100 area , we have 3 day before fomc and Rate . usually price could go insane correction if wanna go continue bearish or going to pawn alot of LQ above it ,
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #653,714
  • Mar 14, 2022 1:21am Mar 14, 2022 1:21am
The Gbpusd retracement has ended and shorts have been flushed out. Now one can add to shorts
  • #653,715
  • Mar 14, 2022 1:24am Mar 14, 2022 1:24am
Gold downtrend is intact currently
  • #653,716
  • Mar 14, 2022 1:25am Mar 14, 2022 1:25am
IMO 1.31800-1.32000 being aimed right now , for retracement , if these level hit once again and rejected , we sure will have once more dropped to low or maybe lower , if these level passed , invalide short and take bull side to next level 1.32700 - 1.33000
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #653,717
  • Mar 14, 2022 1:25am Mar 14, 2022 1:25am
G/M, 61.8% of the longer term 2252-4249 move reached @ today's current lo...below that the prev dly/wkly swing lo zone that extends down to 2854 with 2 x fibs @ top of it circa 2902 area, seems to be the next obvious potential support for the pairing, on the dly + chart. Falling wedge on 1hr broke to the upside with double osc reg bullish div @ the current dly lo.

1hr below.
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Trader with an Edge.
  • #653,718
  • Mar 14, 2022 1:34am Mar 14, 2022 1:34am
Quoting kris89
IMO 1.31800-1.32000 being aimed right now , for retracement , if these level hit once again and rejected , we sure will have once more dropped to low or maybe lower , if these level passed , invalide short and take bull side to next level 1.32700 - 1.33000
the level of Georgi mention is being testing now , keep caution and be cool >.<
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #653,719
  • Mar 14, 2022 1:40am Mar 14, 2022 1:40am
Daily pivot is 3064. If it comes, I'll sell it for a break down of 3000. Already kept my pending short at 3060.
  • #653,720
  • Mar 14, 2022 1:43am Mar 14, 2022 1:43am
I shorted because liquidity run, a new high after a high it is heaven for me.
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