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Cable Update (GBPUSD)

  • #735,701
  • Mar 12, 2023 9:29pm Mar 12, 2023 9:29pm
Quoting pipcenturion
{quote} The H4 and D1 close ABOVE 1.1946 already points to the fact that the high of week will be breached to the upside.
Closing above that VAP level already hinted us that we will see newer highs as compared to last week's range.
It is yet to take out the high so any contact with a demand level would make it go UP!
  • #735,702
  • Mar 12, 2023 9:31pm Mar 12, 2023 9:31pm
You think so?
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More time in the market, does not mean you trade better!
  • #735,703
  • Mar 12, 2023 9:40pm Mar 12, 2023 9:40pm
Earlier short is stopped out.

Now, this spike is sold.
Intraday only.
  • #735,704
  • Mar 12, 2023 9:45pm Mar 12, 2023 9:45pm
Dollar-yen short trade, the third peak was low, so it was easy to understand. Entered when it broke 61.8 and rebounded once in the middle of the fan at 23.6, so settled. +49 pips
The pound-dollar enters after seeing the movement in Europe.
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  • #735,705
  • Mar 12, 2023 9:48pm Mar 12, 2023 9:48pm
Quoting pipcenturion
{quote} Anywhere from 1.214X and above it will give me a signal to exit. There's also daily resistance on the price - time chart at 1.217X
well done on your long
Intraday only.
  • #735,706
  • Mar 12, 2023 9:55pm Mar 12, 2023 9:55pm
Quoting pipcenturion
{quote} Anywhere from 1.214X and above it will give me a signal to exit. There's also daily resistance on the price - time chart at 1.217X
Well done. Good trade mate.
  • #735,707
  • Mar 12, 2023 11:21pm Mar 12, 2023 11:21pm
Looking to go long on the next cycle long!!!
  • #735,708
  • Mar 12, 2023 11:35pm Mar 12, 2023 11:35pm
just came from a contraction phase and now into a expansion leg
  • #735,709
  • Mar 13, 2023 12:15am Mar 13, 2023 12:15am
21st and 28th high should be taken today
  • #735,710
  • Mar 13, 2023 12:31am Mar 13, 2023 12:31am
Quoting ScalaFX
{quote} Like previous posts of mine Im added higher 2100 some positions, some closed, some floating at plus, shity 2030 till 2050 closed with small profit, targets still ramain till we dont break 2110, happy trading week for everyone
News and newses some chaos nedded, so all positions protection activated so I opened a new basket of shorts, happy with better price 2120, still 2150 not defeted so shorts in play, wish all succes this week, cheers
People don't plan to lose. They lose because they don't plan.
  • #735,711
  • Mar 13, 2023 12:41am Mar 13, 2023 12:41am
The pound-dollar fell above Friday's high due to the dollar-yen decline, but returned. It will be a trade after confirming whether it will break through here or rebound again.
However, the trend is showing a strong upward trend, so even if it goes down, it will be after breaking the upward fan.

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  • #735,712
  • Mar 13, 2023 1:04am Mar 13, 2023 1:04am
the same as of others , breakout plays here too . so waiting bo arounds 2088 and 53 for target arounds 1930 if all ok take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #735,713
  • Mar 13, 2023 2:05am Mar 13, 2023 2:05am

i am looking only at the gu

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yes yes yes
  • #735,714
  • Mar 13, 2023 2:08am Mar 13, 2023 2:08am
Quoting BeeTogether
121 not cracking that easily if it does then 12150 next psychological area to aim for before long opened at 12088
morning all! So I had set a TP at 12150 overnight whilst I slept. Missed it by 8 pips grrr. Seems to be a correction back below 121 now at FO let’s see where it’s going. Can’t deny the bull run but also feel there is some liquidity hunt for a higher area too.
Insane in the Brain..
  • #735,715
  • Mar 13, 2023 2:23am Mar 13, 2023 2:23am
I have my eyes on 1.21434 and 1.21477
  • #735,716
  • Mar 13, 2023 2:34am Mar 13, 2023 2:34am
AUDUSD long, NZDUSD Long. GU long, in this order of preference.
My telegram: https://t.me/avidforex
  • #735,717
  • Mar 13, 2023 2:38am Mar 13, 2023 2:38am
Quoting BigNumbers
AUDUSD long, NZDUSD Long. GU long, in this order of preference.
AUDUSD chart 400 pips move to the upside
Watch the resistance closely.


Good luck
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  • #735,718
  • Mar 13, 2023 2:51am Mar 13, 2023 2:51am
GU and UJ is likely to range before rallying and dropping respectively. This is because it failed to come back into previous day range for a break out. I’m already short on UJ long on AU
My telegram: https://t.me/avidforex
  • #735,719
  • Mar 13, 2023 2:58am Mar 13, 2023 2:58am
Quoting BigNumbers
GU and UJ is likely to range before rallying and dropping respectively. This is because it failed to come back into previous day range for a break out. I’m already short on UJ long on AU
12120 area seems to be a strong resistance area for time being. Gets there and literally is pushed down.
Insane in the Brain..
  • #735,720
  • Mar 13, 2023 3:03am Mar 13, 2023 3:03am
Quoting BeeTogether
{quote} 12120 area seems to be a strong resistance area for time being. Gets there and literally is pushed down.
Yea. The 2100 magnet doesn't like the idea of touching 2125 for now. I hope a rocket propeller intervenes soon. Until then, gotta respect that fantastically resolute magnet! GM
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