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Cable Update (GBPUSD)

  • #733,841
  • Mar 3, 2023 9:36am Mar 3, 2023 9:36am
Quoting Mitiblotch
Short 1967. TP 1935.
So angry with this trade. SL was 2020 and it was saved by just 2 pips. Checked my phone now to see price has been up all day. See if it now goes down to take Asian low.
  • #733,842
  • Mar 3, 2023 9:41am Mar 3, 2023 9:41am
Quoting Mitiblotch
{quote} So angry with this trade. SL was 2020 and it was saved by just 2 pips. Checked my phone now to see price has been up all day. See if it now goes down to take Asian low.
1.19744 is a key area for buyers, you gon do just fine if you short
  • #733,843
  • Mar 3, 2023 9:45am Mar 3, 2023 9:45am
DX update

I dont sell usd, if we are in blue rising wedge or above green line.
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Trendlines H1,H4, SMC
  • #733,844
  • Mar 3, 2023 9:45am Mar 3, 2023 9:45am
Quoting Pat Chiko
{quote} YES, or Supply or OB or whatever they want to call it. Most importantly, trader must understand the concept, not memorise the name. Hows you doing Bro ?. Hope all is good with end of march going to be interesting on FED rate. Going to watch that news.
there is no concept.
believe me.
  • #733,845
  • Mar 3, 2023 9:48am Mar 3, 2023 9:48am
Quoting pipfarm
{quote} That makes perfect sense , more or less the same as i do but i would want to confirm those rallies on a htf with entry i guess would be a tick chart. The push back just before the news made a higher high so how would you count that
The push back just before the news made a higher high

I will assume you mean that 1-2-3 up trend move. Simple explanation: 2m already made a rally, so had its turn. Now need to build the rally on a higher TF.

The rallies need to progress upward through the TFs.

A rally on a larger TF is built by an up trend on a smaller TF. So, it is perfectly normal and expected that there would be a 1-2-3 up trend with a higher high. Of course, when it is building a rally in a down trend, it is preferred that the 1-2-3 will end in at most an equal high and even better to be a lower high.
To free Gazans of Hamas, use whatever it takes.
  • #733,846
  • Mar 3, 2023 9:52am Mar 3, 2023 9:52am
Quoting Yngwie
{quote} Meet 1.1955
Hopefully a little lower!
  • #733,847
  • Mar 3, 2023 9:53am Mar 3, 2023 9:53am
Quoting dantpm
{quote} Hopefully a little lower!
let's do 1.1924 bears hahaha
  • #733,848
  • Mar 3, 2023 9:55am Mar 3, 2023 9:55am
Quoting PeterCaleb
{quote} So you're a website junkie. Ok. That's easy to deal with. Chart traders are all the same. Keep playing. Peter
Blabla no content
POSTMASTER
  • #733,849
  • Mar 3, 2023 9:56am Mar 3, 2023 9:56am
Quoting Mitiblotch
Short 1967. TP 1935.
Added short here at 1977. TP same. I command you GU to hit my TP now!
  • #733,850
  • Mar 3, 2023 9:58am Mar 3, 2023 9:58am
Quoting Robinhood1
{quote} Blabla no content
Where is your content? Ure just babbling in the basement
How to succeed in zero sum game?
  • #733,851
  • Mar 3, 2023 10:03am Mar 3, 2023 10:03am
I added more shorts 1.1924 is where GU bulls can decide my shorts fate
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  • #733,852
  • Mar 3, 2023 10:04am Mar 3, 2023 10:04am
I follow dxy..
GUChart not the best to read when price is ranging.
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  • #733,853
  • Mar 3, 2023 10:06am Mar 3, 2023 10:06am
gbpusd update
my view

Rising wedge (blue) confirmed, so back down untill we are below red line.
so strategy is: sell tops
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Trendlines H1,H4, SMC
  • #733,854
  • Mar 3, 2023 10:07am Mar 3, 2023 10:07am
Quoting Whale
{quote} awful week atm.. long and it drop, short and it rise. part of being fx trader with FoMo

GU

We are awaful coz in the four-week trading range.
Today, saw some dip-buying and recovered previous slide to the support zone 1.1915 area..

The psychological level of 1.2001 .
The back-and-forth price fluctuations seen in the past four weeks create RANGE on the daily chart.

If there is momentum, thus swing high 1.2036 from yesterday level is new Resistence.
Next suply zone 1.2070 supply zone.
before going to the famous magnet ie. 1.2100 level.

Conclusion.... range, thus trade like it is ranging........
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #733,855
  • Mar 3, 2023 10:08am Mar 3, 2023 10:08am
Quoting dempire1
{quote} Where is your content? Ure just babbling in the basement
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POSTMASTER
  • #733,856
  • Mar 3, 2023 10:11am Mar 3, 2023 10:11am
Quoting Whale
I follow dxy.. GUChart not the best to read when price is ranging. {image}

I do same but i also trade what i see and DXY is looking bullish to me... so i short my GU
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  • #733,857
  • Mar 3, 2023 10:11am Mar 3, 2023 10:11am
Quoting fxmasterdxb
{quote} okay so now i will start to short, tp for next week is around 1.1790
updated target is 1.1780
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  • #733,858
  • Mar 3, 2023 10:11am Mar 3, 2023 10:11am
Quoting Robinhood1
{quote} {image}
nice one, i knew we are going to be friends

have a great weekend. I closed NJ. Nice profits.
How to succeed in zero sum game?
  • #733,859
  • Mar 3, 2023 10:14am Mar 3, 2023 10:14am
I Just find more short entries till DXY gets to 105.1 area
  • #733,860
  • Mar 3, 2023 10:15am Mar 3, 2023 10:15am
Quoting Pat Chiko
{quote} GU We are awaful coz in the four-week trading range. Today, saw some dip-buying and recovered previous slide to the support zone 1.1915 area.. The psychological level of 1.2001 . The back-and-forth price fluctuations seen in the past four weeks create RANGE on the daily chart. If there is momentum, thus swing high 1.2036 from yesterday level is new Resistence. Next suply zone 1.2070 supply zone. before going to the famous magnet ie. 1.2100 level. Conclusion.... range, thus trade like it is ranging........{image}
Im not down with your plan..
im holding mine, market will decide what will be.
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