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Cable Update (GBPUSD)

  • #734,801
  • Mar 8, 2023 10:05am Mar 8, 2023 10:05am
Quoting Whale
{quote} go ahead.. just my opinion. I think it will retrace more, I just not in a rush to take it. There’s only a new opportunity.
I want to join the sell train from 1900 area to 1650. From there I will hunt buys to 1.30. The dollar will get messed up this year. Powell will deliver his rates and after that what next? The dollar will start getting sold off. But I think a series of other events will contribute contribute the dollar sell-off this year.
  • #734,802
  • Mar 8, 2023 10:12am Mar 8, 2023 10:12am
Quoting Moty
{image}
I am with you on your chart Moty.

Look for a test of daily pivot before NY close today.

I am long too in in one of my account.
Intraday only.
  • #734,803
  • Mar 8, 2023 10:19am Mar 8, 2023 10:19am
I'm adding a bit of buy too, let's see if it "contributes" to pushing the price
Exhausted
  • #734,804
  • Mar 8, 2023 10:24am Mar 8, 2023 10:24am
Quoting Mitiblotch
{quote} I want to join the sell train from 1900 area to 1650. From there I will hunt buys to 1.30. The dollar will get messed up this year. Powell will deliver his rates and after that what next? The dollar will start getting sold off. But I think a series of other events will contribute contribute the dollar sell-off this year.
I see 1.14

but also weekly showing new low below parity.

i dont know, thats why im using weekly/daily/1h
you can't get caught with the pants down
  • #734,805
  • Mar 8, 2023 10:25am Mar 8, 2023 10:25am
is still legit if buy now 1.84?
  • #734,806
  • Mar 8, 2023 10:30am Mar 8, 2023 10:30am
Quoting Elysion
{quote} 1.18 Liquid was taken out by news. (Hindsight trading but yeah :/) I don't wanna interfere in your trading but it's likely to go up and close yesterday's FVG around 1.19 - 1.195
my TP was 1.1800 my SL was 1.1853, got stopped out, did not take profit. ( - 1.5%) today.

Well played Elysion for getting it right today.
All Assets NAS100 GLD BTC AUS JPY GBP All Time Return: 17.5%
  • #734,807
  • Mar 8, 2023 10:34am Mar 8, 2023 10:34am
4H chart point to 1.1250,
if double hills still R (1.244x)
  • #734,808
  • Mar 8, 2023 10:34am Mar 8, 2023 10:34am
Might try a buy if we pullback to 1.1827
  • #734,809
  • Mar 8, 2023 10:38am Mar 8, 2023 10:38am
Quoting mysterio
Might try a buy if we pullback to 1.1827
strange thing to buy... all day it didn't close above 1839 (1H chart)
  • #734,810
  • Mar 8, 2023 10:47am Mar 8, 2023 10:47am
EURCAD Short!

Nothing is promised in the market.. Just control how much you lose and win...
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My telegram: https://t.me/avidforex
  • #734,811
  • Mar 8, 2023 10:50am Mar 8, 2023 10:50am
Quoting chess king
{quote} strange thing to buy... all day it didn't close above 1839 (1H chart)
It also could be a bullish H4 reversal candle, that closes at 1800 GMT.
All Assets NAS100 GLD BTC AUS JPY GBP All Time Return: 17.5%
  • #734,812
  • Mar 8, 2023 10:52am Mar 8, 2023 10:52am
Quoting mysterio
Might try a buy if we pullback to 1.1827
If you want to long with risk level 1800, will you not take a trade now with reduced lot size?
And then if it drops to your level you can place more buy trades.
Just curiosity.
And nothing else to do, so asking
Intraday only.
  • #734,813
  • Mar 8, 2023 11:00am Mar 8, 2023 11:00am
Today's a peculiar day to trade.
That's all I can say
Exhausted
  • #734,814
  • Mar 8, 2023 11:00am Mar 8, 2023 11:00am
GU
Many high impact members raised the fact that winter is yet to come

Weekly
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4hr
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38% fib level support become resistance
Risk- price may spike up to close half of the imbalance (aiming for Ignored QM becoming a Resistance) during manipulative phase then down continued.

High Probability for Imbalance to not fill fully due to NFP around the corner, and very often when we have 2,3 red news in the same week, the imbalance remains there to be filled later but not now.
More time in the market, does not mean you trade better!
  • #734,815
  • Mar 8, 2023 11:06am Mar 8, 2023 11:06am
Hmm, my fibo 38.2 is at 1.19... am I drawing it wrongly?
Exhausted
  • #734,816
  • Mar 8, 2023 11:09am Mar 8, 2023 11:09am
Quoting Elysion
Hmm, my fibo 38.2 is at 1.19... am I drawing it wrongly?
show us.. we don’t know
  • #734,817
  • Mar 8, 2023 11:10am Mar 8, 2023 11:10am
I’m scalping long again For 30p
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  • #734,818
  • Mar 8, 2023 11:18am Mar 8, 2023 11:18am
Quoting Yngwie
{quote} Sold here 1.1850 SL 1.1870
Closed for 25p
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #734,819
  • Mar 8, 2023 11:25am Mar 8, 2023 11:25am
Quoting Robinhood1
{quote} I see Gbpjpy taking off too. Target 171.00
POSTMASTER
  • #734,820
  • Mar 8, 2023 11:26am Mar 8, 2023 11:26am
Quoting Whale
{quote} show us.. we don’t know
Ahh my bad, trading on mobile so it looks kinda crappy.
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Exhausted
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