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Cable Update (GBPUSD)

  • #654,181
  • Mar 17, 2022 11:00am Mar 17, 2022 11:00am
Quoting fxsport
{quote} It's not Ever heard of the expression don't catch a falling knife? {image}
Hi,
Do you think it us still a falling knife?
  • #654,182
  • Mar 17, 2022 11:01am Mar 17, 2022 11:01am
Quoting Lastaccount
hiked rate, but 1 member voted hold, interesting... hope to see 1.2820 before going back to 1.34 {image}
Please join us to 1.35 so we all can ski to 1.28 please
  • #654,183
  • Mar 17, 2022 11:02am Mar 17, 2022 11:02am
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 50 KB
yes yes yes
  • #654,184
  • Mar 17, 2022 11:05am Mar 17, 2022 11:05am
Quoting Nd10
Is Dxy Done Yet or still have some more work? Caution though{image}
Dxy could fall to round number 97 and even below towards 96.5. This would correspond to Monthly S1 of 1.3243 and pivot of 1.3443 (i tilt to it or atleast between S1 and pivot).
  • #654,185
  • Mar 17, 2022 11:06am Mar 17, 2022 11:06am
Quoting Nd10
{quote} Hi, Do you think it us still a falling knife?
That was & still is the most intimidating reply i have seen in a while.
Face 'ur fears & tame 'ur greed
  • #654,186
  • Mar 17, 2022 11:09am Mar 17, 2022 11:09am
Long drop towards 1.28/29 will resume tomorrow
  • #654,187
  • Mar 17, 2022 11:09am Mar 17, 2022 11:09am
Gbpusd currently long
  • #654,188
  • Mar 17, 2022 11:11am Mar 17, 2022 11:11am
Quoting Bones
{image}

Hi Bones, have you ever tried auto trading set ups on Pro?

I've downloaded settings, even my technical skills are rubbish.
You think is worth giving a go? Thanks
  • #654,189
  • Mar 17, 2022 11:13am Mar 17, 2022 11:13am
Guys, EURGBP has taken advantage of gain today, is shorting it now a good idea?
  • #654,190
  • Mar 17, 2022 11:14am Mar 17, 2022 11:14am
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's open candle. Trade well, Cheers. {image}
Getting nice buy confirmation signals and rejection from 1.31000 with a 4 hr close above 1.3150. Anyway, I am done with buy trades from this area.
Take care,
Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1576.png Size: 72 KB
Trade to trade another day
  • #654,191
  • Mar 17, 2022 11:16am Mar 17, 2022 11:16am
[quote=Jolita;13935754]
Quoting mtako
I burned it with the fire from my pc that I lit with gaz Too bad! That was a horrible day for many traders, sorry you had to witness the fall. My guess your loss was at the end. Thats what I feel like its getting hot, and best to close this week.

Closed my EC trade, gone with UJ short instead, been watching UJ n a while, retracement is due.
Which pairs do you most trade?
  • #654,192
  • Mar 17, 2022 11:20am Mar 17, 2022 11:20am
Gbpaud currently short
  • #654,193
  • Mar 17, 2022 11:24am Mar 17, 2022 11:24am
Quoting mysterio
Long drop towards 1.28/29 will resume tomorrow
Why? Don't you think it will touch 1.34?
EURO has taken advantage over GBP today, won't that come down tomorrow to help GU pair keep the pace?
  • #654,194
  • Mar 17, 2022 11:25am Mar 17, 2022 11:25am
Quoting Wavegarrick
{quote} Getting nice buy confirmation signals and rejection from 1.31000 with a 4 hr close above 1.3150. Anyway, I am done with buy trades from this area. Take care, Cheers. {image}
Mate, do you think we will see a 1.34 this month or will it resume downwards?
  • #654,195
  • Mar 17, 2022 11:28am Mar 17, 2022 11:28am
[quote=Jolita;13936076]
Quoting Jolita
{quote} Closed my EC trade, gone with UJ short instead, been watching UJ n a while, retracement is due. Which pairs do you most trade?
Hi Jolita ! I had a short as well with UJ, a counter trend setup from the 1H, and it hit my TP at 118.5. Cant stay in much longer in such an uptrend though. But to each their strategy. Good luck with it. Looks like it will attack .30. Important level. I trade mostly the majors and a few minors. You? Here on FF I share in more detail only my eurusd, you can see me on eurusd-Only thread. Cheers!
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #654,196
  • Mar 17, 2022 11:38am Mar 17, 2022 11:38am
Closed my gbpaud short and am now long
  • #654,197
  • Mar 17, 2022 11:49am Mar 17, 2022 11:49am
Quoting Moty
{image}
do you have eurusd chart?
  • #654,198
  • Mar 17, 2022 11:52am Mar 17, 2022 11:52am
Quoting IBabyTrader
{quote} Mate, do you think we will see a 1.34 this month or will it resume downwards?
Hi IBT,
Nobody can say for sure, but just like Georginson, I look for clues. Like we look for daily higher highs and higher lows to determine bullish direction. We also look for the same on the weekly t/frame and higher. A weekly close above 1.3220 and above will mean that we have a new weekly higher high, so we start looking for a higher weekly low to determine trend direction from a higher time frame perspective. Weekly candles are usually powerful in determining the short-term direction. A close above 1.3220 for sure can mean 1.34000 but below we need to start looking for sell opportunities.
Hope it helps,
Cheers.
Trade to trade another day
  • #654,199
  • Mar 17, 2022 12:05pm Mar 17, 2022 12:05pm
the drop is coming
Attached Image(s) (click to enlarge)
Click to Enlarge Name: dx.png Size: 28 KB
Click to Enlarge Name: gu1.png Size: 32 KB
yes yes yes
  • #654,200
  • Mar 17, 2022 12:12pm Mar 17, 2022 12:12pm
Is anybody watching GN? It’s headed toward a triple bottom with divergence. Who else is thinking about buying?
200 traders viewing now, 1 is registered:
smtchris71