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Cable Update (GBPUSD)

  • #654,501
  • Mar 22, 2022 8:32am Mar 22, 2022 8:32am
Sell scalp @1.32550
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #654,502
  • Mar 22, 2022 8:42am Mar 22, 2022 8:42am
...current dly hi @ 145% 30day adr and beyond 61.8% upside ext of y/day's pip range.
Trader with an Edge.
  • #654,503
  • Mar 22, 2022 8:44am Mar 22, 2022 8:44am
Quoting Mitiblotch
{quote} Yeah... I think 3260 or near it might give some pips on a sell scalp. Let's see if it gets there.
And it hit! Buyers must be smiling to the bank.
  • #654,504
  • Edited 9:02am Mar 22, 2022 8:47am | Edited 9:02am
Quoting IBabyTrader
over brought on any time frame till 1 hr. we might see a small retrace sooner.
I don't have it on 1hr but it's been o/b on 30min since that 3210 break and lower on 15min,! so in a trending market so-called o/b or o/s means less....I have regular bearish div to 15min, o/b on 30min, and nothing on 1hr presently. Bulls are strong though. Probably gonna get a 7th consec 1hr bullish bodied candle close in 10mins or so.
Trader with an Edge.
  • #654,505
  • Mar 22, 2022 8:48am Mar 22, 2022 8:48am
Gbpusd currently long will go short at 1.33
  • #654,506
  • Mar 22, 2022 8:56am Mar 22, 2022 8:56am
Quoting Houtbay
Gbpusd currently long will go short at 1.33
Mate, these sort of posts don't help anybody. I know we are not here to give signals, but this sort of post insults the intelligence of readers. You are currently long, that's great but from what price? When?

I am not trying to knock on you but consider what I just wrote constructively.
  • #654,507
  • Mar 22, 2022 8:58am Mar 22, 2022 8:58am
...3271-3307 could (as in might) see sellers emerge being that prev dly sw lo zone = prev supp = potential sbr.
Trader with an Edge.
  • #654,508
  • Mar 22, 2022 9:08am Mar 22, 2022 9:08am
Attached Image (click to enlarge)
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yes yes yes
  • #654,509
  • Mar 22, 2022 9:12am Mar 22, 2022 9:12am
i belive in retrace to 1.32200 area
yes yes yes
  • #654,510
  • Mar 22, 2022 9:14am Mar 22, 2022 9:14am
Quoting Headland
{quote} I don't have it on 1hr but it's been o/b on 30min since that 3210 break and lower on 15min,! so in a trending market so-called o/b or o/s means less....I have regular bearish div to 15min, o/b on 30min, and nothing on 1hr presently. Bulls are strong though. Probably gonna get a 7th consec 1hr bullish bodied candle close in 10mins or so.
Correct mate. I like your analysis, learning a lot from you. Thanks for the no-nonsense posts.
  • #654,511
  • Mar 22, 2022 9:17am Mar 22, 2022 9:17am
Currently in a sell trade... Time for it to go down for awhile...
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My Future is so Bright I gotta wear Shades! https://www.youtube.com/watch?v
  • #654,512
  • Mar 22, 2022 9:19am Mar 22, 2022 9:19am
Quoting Headland
...3271-3307 could (as in might) see sellers emerge being that prev dly sw lo zone = prev supp = potential sbr.
It was the confluence of start of that pot 4hr/dly sbr zone and the fib - namely 61.8% 3437-3000, also 76.4% upside ext of y/day pip range. Also price @ 153% 30day adr!

Quadruple regular bearish div 5min, single on 15min and 'o/b' 30min (!,) and now 1hr - line osc finally turned red to signal 'o/b.' (Sorry for the wobbly lines on 5min chart)

5min and 1hr below
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Trader with an Edge.
  • #654,513
  • Mar 22, 2022 9:43am Mar 22, 2022 9:43am
Well it ended up hitting my stop loss for a small profit...
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If I had my target profit where the green line is at that resistance level, it could have been more... Basically I was trying a "new" trading way. It looks simple enough. I saw some guy using it on another website.
My Future is so Bright I gotta wear Shades! https://www.youtube.com/watch?v
  • #654,514
  • Mar 22, 2022 9:49am Mar 22, 2022 9:49am
I see 1.332 area with a possible retrace to 1.322 area in the first instance... Conversely, a top of current High is also possible. Same retracement of 1.322 or slightly below too. Keenly observing
  • #654,515
  • Mar 22, 2022 9:57am Mar 22, 2022 9:57am
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  • #654,516
  • Mar 22, 2022 10:10am Mar 22, 2022 10:10am
finally it stopped
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, crazy mf , where do you been yesterday ?
yes yes yes
  • #654,517
  • Mar 22, 2022 10:14am Mar 22, 2022 10:14am
Done for today. Big profit pawned. From my long position and a little peny from my sell scalp. Lets see how daoly candle close for more hint
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #654,518
  • Mar 22, 2022 10:21am Mar 22, 2022 10:21am
Quoting Moty
finally it stopped{image}{image}{image} , crazy mf , where do you been yesterday ?
Maybe it changed.

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Together we can be strongest
Vantage Return This Month: na
  • #654,519
  • Mar 22, 2022 10:33am Mar 22, 2022 10:33am
Quoting RaHaG0D
{quote} Why? The price does not reach 1.34? What is the basis of your analysis? My first target is 1.33 and then 1.34 Area 1.34 is an area for analysis and sales for me. Targets 1.30 and 1.28 {image}
1.3550 is a potential swing for target of 1.29 in weeks ahead... The above analysis is for 1 - 2 weeks Projection.
Data + Stat + Risk/Emotions Management
  • #654,520
  • Mar 22, 2022 10:37am Mar 22, 2022 10:37am
Quoting palpite
{quote} Maybe it changed. {image}
Yes I know, I was in Long yesterday with a target at 1.325000 but when I saw him stop at 1.32000, I took profit and then he went down again and again I took Long and took profit again at 1.32000 but today he decided to continue
yes yes yes
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