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Cable Update (GBPUSD)

  • #736,181
  • Mar 15, 2023 5:37am Mar 15, 2023 5:37am
ACCUMULATION VS DISTRIBUTION
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (201).png Size: 66 KB

Based on what i constantly saw in chart.

Re-accumulation often comes when fundamental is very strong and you will see 2-3 4hr bearish candle and price still rejecting to fall - saw it in UJ in 2022 when FED starts hiking while BOJ rate remained -0.1% (Before BOJ intervention and stuff)
More time in the market, does not mean you trade better!
  • #736,182
  • Mar 15, 2023 5:41am Mar 15, 2023 5:41am
gbpusd update

closed shorts..tramtararaaa
still space to go down, we'll see
Attached Image (click to enlarge)
Click to Enlarge Name: dx.jpg Size: 668 KB
Trendlines H1,H4, SMC
  • #736,183
  • Mar 15, 2023 5:42am Mar 15, 2023 5:42am
Quoting JereMi256
Buy [email protected]
Added 1.2077
Face 'ur fears & tame 'ur greed
  • #736,184
  • Mar 15, 2023 5:42am Mar 15, 2023 5:42am
what are bulls thinking for a buy level in the afternoon

I have 1.2041 on the nose but open to suggestion, Target 1.2233
  • #736,185
  • Mar 15, 2023 5:43am Mar 15, 2023 5:43am
Added a buy at 1.2079 for few pips
just for fun
  • #736,186
  • Mar 15, 2023 5:43am Mar 15, 2023 5:43am
2075 buy scalp for 30 pips
People don't plan to lose. They lose because they don't plan.
  • #736,187
  • Mar 15, 2023 5:43am Mar 15, 2023 5:43am
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 14 KB
yes yes yes
  • #736,188
  • Mar 15, 2023 5:44am Mar 15, 2023 5:44am
Daymn!! On the wrong end of this one… 100pips down and counting 🤦🏽♂️
Insane in the Brain..
  • #736,189
  • Mar 15, 2023 5:46am Mar 15, 2023 5:46am
Quoting pipfarm
Long term the way is up but in the short term a pullback short is due maybe 1960, then up all the way from there. {image}

Pullback now correcting the previous impulse , of course within the pb there were trading opps, the run up should start maybe by the end of this week.

You can see in the photo i posted the flat correction was broken to the upside with a close so now the Institutions are closing longs and will enter again from a lower price
Follow The Markets Structure - Patience and Discipline
  • #736,190
  • Mar 15, 2023 5:50am Mar 15, 2023 5:50am
Quoting ScalaFX
2075 buy scalp for 30 pips
That was very risky trade, one more 2065 pendings underground till gap close 2030
People don't plan to lose. They lose because they don't plan.
  • #736,191
  • Mar 15, 2023 5:52am Mar 15, 2023 5:52am
Price can goto 2100, that is all for now to me.
Intraday only.
  • #736,192
  • Mar 15, 2023 5:55am Mar 15, 2023 5:55am
Quoting navk
Price can goto 2100, that is all for now to me.
will they touch 1.2000 first?
  • #736,193
  • Mar 15, 2023 5:55am Mar 15, 2023 5:55am
Today GU is very interesting to me, this's where the skills of traders are tested, what to do if they right and what to do if they wrong
https://breakpullback.com
  • #736,194
  • Mar 15, 2023 5:57am Mar 15, 2023 5:57am
Quoting JereMi256
{quote} Added 1.2077
Closed all manually -30pips

Waiting for pullback for shorts
Face 'ur fears & tame 'ur greed
  • #736,195
  • Mar 15, 2023 5:58am Mar 15, 2023 5:58am
Quoting silverjazz
{quote} will they touch 1.2000 first?
Price to retrace back to 2100 first IMO.

I will look to sell from there
Intraday only.
  • #736,196
  • Mar 15, 2023 5:58am Mar 15, 2023 5:58am
EU has a greater range than GU today so far!

The gap in EU appears to have closed, GU, not yet.
  • #736,197
  • Mar 15, 2023 6:02am Mar 15, 2023 6:02am
Quoting navk
{quote} Price to retrace back to 2100 first IMO. I will look to sell from there
oh yes.. i have a sell position running from 1.211xxx
  • #736,198
  • Mar 15, 2023 6:11am Mar 15, 2023 6:11am
ah good chances i will see my BE point of 1965 in the next days;-)
trading is like dancing, don't think and just listen to the music!
  • #736,199
  • Mar 15, 2023 6:14am Mar 15, 2023 6:14am
for me sell confirmed below 2125.

Medium term, for today andrest of the week.

Stop must be 2140/50
Intraday only.
  • #736,200
  • Mar 15, 2023 6:14am Mar 15, 2023 6:14am
Quoting ScalaFX
Im walking always two ways, love CT trades 😉🍀🏛 that was risky but fast 80 bucks 😉 {image}
i love to see money
MY OPINION NOT FINANCIAL ADVISE
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