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Cable Update (GBPUSD)

  • #654,161
  • Mar 17, 2022 9:05am Mar 17, 2022 9:05am
More info... Still haven't made a trade yet... Waiting for the right signal...
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My Future is so Bright I gotta wear Shades! https://www.youtube.com/watch?v
  • #654,162
  • Mar 17, 2022 9:07am Mar 17, 2022 9:07am
Quoting Headland
{quote} Good Luck mate, fingers crossed here. {image}
Headland Love the cartoon!!!
My Future is so Bright I gotta wear Shades! https://www.youtube.com/watch?v
  • #654,163
  • Mar 17, 2022 9:15am Mar 17, 2022 9:15am
Quoting Wavegarrick
{quote} Anyway Folks, Had 2 trades taken out for small profits, but got into some more. What we need to realize is that the rate hike came in at forecasted values. In other words, it could have been priced in already. I am not saying I am right but for now, techs rule. Trade well, Cheers {image}
Hi Guys,
I am in with buy trades on the pullback towards my weekly pivot at 1.31017 and round number 1.31000. From a technical point of view, we are in a buying cycle. However, anything can happen and I will probably let go of my buy idea with a solid daily break and hold below 1.3100. For bulls, we need a weekly close and hold above 1.32200 my previous week open candle.
Trade well,
Cheers.
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Trade to trade another day
  • #654,164
  • Mar 17, 2022 9:22am Mar 17, 2022 9:22am
... unless there is something else connected to that BOE Mpc release, or something else on the fundie side that we don't know about, that reaction to the 8-0-1 vote re rate seems over-done, but what do I know - the market is never wrong! Yes, the hawks lost 3 members wanting a 0.5% rise since last meeting, (not surprising re the global macro situation since last time,) but that doesn't mean that more subsequent +0.25% hikes (at least) are off the table. We'll see.

1hr below.
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Trader with an Edge.
  • #654,165
  • Mar 17, 2022 9:24am Mar 17, 2022 9:24am
Quoting Wavegarrick
{quote} Hi Guys, I am in with buy trades on the pullback towards my weekly pivot at 1.31017 and round number 1.31000. From a technical point of view, we are in a buying cycle. However, anything can happen and I will probably let go of my buy idea with a solid daily break and hold below 1.3100. For bulls, we need a weekly close and hold above 1.32200 my previous week open candle. Trade well, Cheers. {image}
I am with you sire! My chart worked a treat yesterday and today and I am sticking to it. Let's take it up.
  • #654,166
  • Mar 17, 2022 9:28am Mar 17, 2022 9:28am
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yes yes yes
  • #654,167
  • Mar 17, 2022 9:37am Mar 17, 2022 9:37am
Quoting Georginson
{quote} The market has a way of trapping traders and some may have fallen for it yesterday... .

It (the market) sure does.

The market is neither right nor wrong, it's what it is, a market, a place where buyers and sellers meet and settle on a price at any given point in time. It doesn't know you're in it, and is neither a friend or foe.

When it comes down to it, the market is only the conspiring enemy of a losing trade, and the best friend of a profitable one, depends on your own perspective/decisions as a trader/investor, I guess.
"Don't Shoot Me I'm Only the Piano Player"
  • #654,168
  • Mar 17, 2022 9:53am Mar 17, 2022 9:53am
Here is what I see... Daily still saying BULLISH... but in H4 she is going BEARISH.. may be for a while or I dont know... and for me.. im going for SOUTH for a while...and if DAILY still BULLISH when H4 is UP again... then I m going to say THE TREND IS BULLISH.. and up up away... hahaha..
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  • #654,169
  • Mar 17, 2022 10:02am Mar 17, 2022 10:02am
changed my tp to 1.31300
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yes yes yes
  • #654,170
  • Mar 17, 2022 10:15am Mar 17, 2022 10:15am
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #654,171
  • Mar 17, 2022 10:19am Mar 17, 2022 10:19am
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last 2 days profit
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yes yes yes
  • #654,172
  • Mar 17, 2022 10:31am Mar 17, 2022 10:31am
Quoting Moty
{image}{image}last 2 days profit {image}
Good job moty, i know your trading style very aggressive
  • #654,173
  • Mar 17, 2022 10:34am Mar 17, 2022 10:34am
aussie is getting close to resistance level
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yes yes yes
  • #654,174
  • Mar 17, 2022 10:37am Mar 17, 2022 10:37am
Hey Moty, i follow your trades. Amazing trades. Keep it up.
  • #654,175
  • Mar 17, 2022 10:48am Mar 17, 2022 10:48am
Short gold Tp 1935.
1935 then long again
  • #654,176
  • Mar 17, 2022 10:49am Mar 17, 2022 10:49am
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yes yes yes
  • #654,177
  • Mar 17, 2022 10:52am Mar 17, 2022 10:52am
Quoting nAVIN2007
{quote} not looking good, not gonna lie
We are still very good bruv. Fear not. @1.33 to 1.34 beckons. Brace up
  • #654,178
  • Mar 17, 2022 10:55am Mar 17, 2022 10:55am
... 50% of the drop reached

1hr below
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Trader with an Edge.
  • #654,179
  • Mar 17, 2022 10:57am Mar 17, 2022 10:57am
hiked rate, but 1 member voted hold, interesting...

hope to see 1.2820 before going back to 1.34
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  • #654,180
  • Mar 17, 2022 10:59am Mar 17, 2022 10:59am
... strong pullback - 50% exceeded now
Trader with an Edge.
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