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Cable Update (GBPUSD)

  • #736,021
  • Mar 14, 2023 6:54am Mar 14, 2023 6:54am
Long 1.2156 SL 1.2130
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #736,022
  • Mar 14, 2023 6:58am Mar 14, 2023 6:58am
Although the dollar/yen pair failed to rise in the index, it did not break the support after all. After that, there were signs that the pair was likely to rise, and the pound-dollar pair was selected as a short.
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  • #736,023
  • Mar 14, 2023 7:01am Mar 14, 2023 7:01am
Quoting Robinhood1
{quote} Still valid
In other words, only trading 1.1920 long or 1.2500+ short and this latter case i would wait as could go further up.
POSTMASTER
  • #736,024
  • Mar 14, 2023 7:02am Mar 14, 2023 7:02am
Buy limit 1.2132
Face 'ur fears & tame 'ur greed
  • #736,025
  • Mar 14, 2023 7:23am Mar 14, 2023 7:23am
mountain begot a mouse
  • #736,026
  • Mar 14, 2023 7:28am Mar 14, 2023 7:28am
I see a price on EURGBP is an important one . 0.8807. PA is 20 pips up and down around this. But a daily close above it then, that'd be a sign of bears entering on cable.
  • #736,027
  • Edited 7:45am Mar 14, 2023 7:30am | Edited 7:45am
Dead cat bounce again.

12170 seems to a resistance area for going forward. My hedge b/e 12185
Insane in the Brain..
  • #736,028
  • Mar 14, 2023 7:55am Mar 14, 2023 7:55am
Quoting Traderview
{image}
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  • #736,029
  • Mar 14, 2023 7:58am Mar 14, 2023 7:58am
Quoting Traderview
{quote} {image}
makes sense we haven’t seen any major moves in boxes at all today
Insane in the Brain..
  • #736,030
  • Mar 14, 2023 7:59am Mar 14, 2023 7:59am
Quoting dempire1
{quote} Shorting on pullbacks. {image}
Would love to see this happen. But I'm not predicting anything. I just read what PA tells me and act accordingly.
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How to succeed in zero sum game?
  • #736,031
  • Mar 14, 2023 8:01am Mar 14, 2023 8:01am
Quoting BeeTogether
{quote} makes sense we haven’t seen any major moves in boxes at all today
yes... Wait for some more time. Patience is what need of the hour.
  • #736,032
  • Mar 14, 2023 8:04am Mar 14, 2023 8:04am
Short 1.2162 tp 1.2136
  • #736,033
  • Mar 14, 2023 8:05am Mar 14, 2023 8:05am
ranging ranging and ranging
  • #736,034
  • Mar 14, 2023 8:05am Mar 14, 2023 8:05am
Quoting Traderview
{quote} yes... Wait for some more time. Patience is what need of the hour.
true, the US data should have taken out 122 or 121 but neither so far
Insane in the Brain..
  • #736,035
  • Mar 14, 2023 8:15am Mar 14, 2023 8:15am
Quoting Wavegarrick
{quote} A solid break above 1.22500 this week sets the tone for 1.25000 (Yellow highlighted area) which is a realistic target for the first quarter of this year. Green pips, Cheers. {image}
Trying 1 more buy trade at 1.21671. Stop 35 pips. Hopefully we can crack the 1.220000 level today.
Trade safe.
Cheers.
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Trade to trade another day
  • #736,036
  • Mar 14, 2023 8:21am Mar 14, 2023 8:21am
Accurate MA squaring. Should not hold. I may be wrong

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POSTMASTER
  • #736,037
  • Mar 14, 2023 8:24am Mar 14, 2023 8:24am
Quoting Robinhood1
Accurate MA squaring. Should not hold. I may be wrong {image}
Editing

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POSTMASTER
  • #736,038
  • Mar 14, 2023 8:30am Mar 14, 2023 8:30am
GU: H1.
Bounce OR Breakdown?
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Intraday Trading is an Art _ hoda
  • #736,039
  • Mar 14, 2023 8:37am Mar 14, 2023 8:37am
Quoting hoda
GU: H1. Bounce OR Breakdown? {image}
looks more breakdown than anything else. 122 is stil warming the bench
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Insane in the Brain..
  • #736,040
  • Mar 14, 2023 8:47am Mar 14, 2023 8:47am
Quoting Georginson
Sold 1.2200 target 1.2038...
Exited at 1.2145... +55 pips. Just 22 pips left to recover last week 120 pips loss...
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