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Cable Update (GBPUSD)

  • #736,241
  • Mar 15, 2023 7:46am Mar 15, 2023 7:46am
Funny to see USD gaining traction despite all the negative news and sentiment.

However KWD remained little change.
  • #736,242
  • Mar 15, 2023 7:50am Mar 15, 2023 7:50am
Quoting zamans98
Funny to see USD gaining traction despite all the negative news and sentiment. However KWD remained little change.
BFIs loading up on shorts , they know whats coming, USD about to collapse significantly
Follow The Markets Structure - Patience and Discipline
  • #736,243
  • Mar 15, 2023 7:50am Mar 15, 2023 7:50am
Quoting mysterio
{quote} buy placed on 1.2054 target 1.2230
mine at 1,21444
nothing magical, its just a funny number for a funny cable movement
  • #736,244
  • Mar 15, 2023 7:51am Mar 15, 2023 7:51am
Quoting pipfarm
{quote} BFIs loading up on shorts , they know whats coming, USD about to collapse significantly
by collapse you mean inflation?
Don't compare your trades to others. Most often the masses are the asses
  • #736,245
  • Mar 15, 2023 7:52am Mar 15, 2023 7:52am
Quoting pipfarm
{quote} BFIs loading up on shorts , they know whats coming, USD about to collapse significantly
BIDEN will perform magic.
ULTIMATE solution : Let's gear up for WAR
  • #736,246
  • Mar 15, 2023 7:52am Mar 15, 2023 7:52am
Quoting zamans98
Funny to see USD gaining traction despite all the negative news and sentiment. However KWD remained little change.
nothing funny, gap fill predicted at 6.41am

Quoting mysterio
today looks a bit unclear we still have a dxy gap to fill and we're sitting on demand (dollar index). after a range day yesterday we may go to fill that. levels, i can see a drop to 1.2115, retest of the LTF supply then drop, if that move is to complete today.. that said I think this pair is headed to 1.2450 sooner rather than later apart from that, just scanning across assets and NASDAQ looks primed for a sell from 12300 and watching for a Goldi sell at 1903.15. but I think I want to sell EURUSD at 1.0746/7 instead today and see if we can fill...
next stop for GU buy limits at 1.2235
  • #736,247
  • Mar 15, 2023 7:59am Mar 15, 2023 7:59am
Quoting OBsayMkMoney
{quote} by collapse you mean inflation?
I just mean its going to devalue heavily, look at gold rising like crazy = dollar down

there are a lot of fundamental factors involved right now which i do not fully understand but from a technical point i see the dollar falling.
Follow The Markets Structure - Patience and Discipline
  • #736,248
  • Mar 15, 2023 8:01am Mar 15, 2023 8:01am
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yes yes yes
  • #736,249
  • Mar 15, 2023 8:01am Mar 15, 2023 8:01am
Quoting pipfarm
{quote} BFIs loading up on shorts , they know whats coming, USD about to collapse significantly
True. I made same prediction sometime last week. For almost the remaining part of this year I see USD getting mauled. Best to find appropriate supports to buy euro and GBP against USD.
  • #736,250
  • Mar 15, 2023 8:03am Mar 15, 2023 8:03am
Quoting pipfarm
{quote} I just mean its going to devalue heavily, look at gold rising like crazy = dollar down there are a lot of fundamental factors involved right now which i do not fully understand but from a technical point i see the dollar falling.

ahh gotcha. I am in the opposing camp with those thinking the dollar is about to go up. I got 5 push ups on it.
Don't compare your trades to others. Most often the masses are the asses
  • #736,251
  • Mar 15, 2023 8:04am Mar 15, 2023 8:04am
Quoting zamans98
{quote} BIDEN will perform magic. ULTIMATE solution : Let's gear up for WAR
I hope not, but it may be inevitable
Follow The Markets Structure - Patience and Discipline
  • #736,252
  • Mar 15, 2023 8:12am Mar 15, 2023 8:12am
Quoting Reverso
What a joke... My short TP was 1.20414, recent low is 1.20418 (super close to hit TP) then retraced all that down move, news come out then pumped to exactly my entry point at 1.21132 to trigger breakeven to get me out of position. Then the news candle retraced all that pump and now rushing back to my TP area...
I feel you. I really do. I've told many war stories like that too. Too many for my own sanity, I think. But yea I encourage you to keep ya head up. It happens. We move!
  • #736,253
  • Mar 15, 2023 8:18am Mar 15, 2023 8:18am
Quoting Vincent1
{image} {image}
Update
Soooooo close....

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  • #736,254
  • Mar 15, 2023 8:27am Mar 15, 2023 8:27am
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yes yes yes
  • #736,255
  • Mar 15, 2023 8:44am Mar 15, 2023 8:44am
Well done EUR
Next?
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Air force
  • #736,256
  • Mar 15, 2023 8:48am Mar 15, 2023 8:48am
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yes yes yes
  • #736,257
  • Mar 15, 2023 8:49am Mar 15, 2023 8:49am
Range time now it seems. Not going above 121 and below 12040. Maybe that’s it for the day
Insane in the Brain..
  • #736,258
  • Mar 15, 2023 8:50am Mar 15, 2023 8:50am
On a sell candle day, Look for resistance and sell.

May be in the last 4 hr candle buyers may emerge.
Intraday only.
  • #736,259
  • Mar 15, 2023 8:52am Mar 15, 2023 8:52am
Bouncing off 1.209xx. seems biased in favour of sellers but for how long?


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  • #736,260
  • Mar 15, 2023 8:54am Mar 15, 2023 8:54am
The lows until now will break...

2030/20 can be buyers place.
Intraday only.
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