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Cable Update (GBPUSD)

  • #737,081
  • Mar 21, 2023 7:40am Mar 21, 2023 7:40am
1 more leg up.
  • #737,082
  • Mar 21, 2023 7:43am Mar 21, 2023 7:43am
hold sell 1.2258 SL 1.2290
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #737,083
  • Mar 21, 2023 8:02am Mar 21, 2023 8:02am
Perhaps this is just the nature of the day. Confusion of the highest orda!
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I have no clue where it's going
  • #737,084
  • Mar 21, 2023 8:03am Mar 21, 2023 8:03am
Quoting LifeRider
Perhaps this is just the nature of the day. Confusion of the highest orda! {image}
Looking at the zoomed out picture, the 5min has seriously attacked the 200 EMA. Is that a sign for another push down?
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I have no clue where it's going
  • #737,085
  • Mar 21, 2023 8:06am Mar 21, 2023 8:06am
Possible inverse H&S on 30m TF. Strong close below zone could trigger more sells. Close above and we keep flying, in my opinion.
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  • #737,086
  • Mar 21, 2023 8:10am Mar 21, 2023 8:10am
Quoting ForexGoose
long from 1.225, target 1.23, stop under 1.22
i don't know where it will go today, maybe nowhere
Attached Image (click to enlarge)
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #737,087
  • Mar 21, 2023 8:10am Mar 21, 2023 8:10am
122 looks tempting
Insane in the Brain..
  • #737,088
  • Mar 21, 2023 8:15am Mar 21, 2023 8:15am
Quoting ForexGoose
{quote} i don't know where it will go today, maybe nowhere {image}
as it’s the day before FOMC it looks very tight. The drop we are seeing looks like from a correction perspective as the rise was too quick and quite relentless. Maybe 122 an area for a breather as the bulls will be looking to take charge if the FOMC is a zero rise. Although I do believe that Thursday might send the pair down to below 120 if there isn’t a rate rise from BoE
Insane in the Brain..
  • #737,089
  • Mar 21, 2023 8:35am Mar 21, 2023 8:35am
Quoting ScalaFX
Started selling EU too, 0757, limits 0765 0770 0775 0780, target open 🍀🙏
All positions active💪🍀 now waiting for some retrace after this run, hope bears show up🍀
People don't plan to lose. They lose because they don't plan.
  • #737,090
  • Mar 21, 2023 8:35am Mar 21, 2023 8:35am
Take notes
below 1.22250 sell TP 1.21700
above 1.23000 Buy Tp 1.23700

I have been short a long time ago when it breaks out, i will post it
My telegram: https://t.me/avidforex
  • #737,091
  • Mar 21, 2023 8:36am Mar 21, 2023 8:36am
short
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  • #737,092
  • Mar 21, 2023 8:40am Mar 21, 2023 8:40am
Quoting BigNumbers
Take notes below 1.22250 sell TP 1.21700 above 1.23000 Buy Tp 1.23700 I have been short a long time ago when it breaks out, i will post it
What about SL ??? Or infinite stop?
Anything is math!
  • #737,093
  • Mar 21, 2023 8:44am Mar 21, 2023 8:44am
Testing todays low, a break below surely opens up 122-12190
Insane in the Brain..
  • #737,094
  • Mar 21, 2023 8:49am Mar 21, 2023 8:49am
Quoting Kajos2250
{quote} What about SL ??? Or infinite stop?

My stop loss is usually very tight.. You might not know how to time the entry... at least 12 pips away from the level/ point...


You can see how price is reacting to the level, Go to lower time frame and check where price activity was last noticed before the break, when it finally break
My telegram: https://t.me/avidforex
  • #737,095
  • Mar 21, 2023 8:51am Mar 21, 2023 8:51am
I apologize for the confusion earlier. If the forecast for CPI y/y for GBP is 9.9%, then this would indicate a significant increase in inflation compared to the previous figure. Such a large increase in inflation could lead to increased pressure on the Bank of England to consider raising interest rates in order to maintain price stability, which could lead to a strengthening of the GBP. However, it's important to note that forecasted figures are subject to change based on a variety of factors, so it's always important to monitor economic data releases and news events to stay up-to-date with the latest developments that could impact currency valuations.
- CHATGPT... ✌️😁




Regenerate response
  • #737,096
  • Mar 21, 2023 9:01am Mar 21, 2023 9:01am
Maybe 12225 was a launch pad for up…

ok I spoke too soon
Insane in the Brain..
  • #737,097
  • Mar 21, 2023 9:05am Mar 21, 2023 9:05am
Quoting BigNumbers
{quote} My stop loss is usually very tight.. You might not know how to time the entry... at least 12 pips away from the level/ point... You can see how price is reacting to the level, Go to lower time frame and check where price activity was last noticed before the break, when it finally break
Lower timeframe than... ?
I think you were triggered. Where have you set SL?
Anything is math!
  • #737,098
  • Mar 21, 2023 9:14am Mar 21, 2023 9:14am
Bought the pull back on gold might drop more but will watch
Master your mind. Master Trading.
  • #737,099
  • Mar 21, 2023 9:15am Mar 21, 2023 9:15am
Quoting pipcenturion
GBPUSD sell limit 1.2271 target 1.2125 Let's see whether price will come to me.
GBPUSD

buy limit at 1.2216

target 1.2268
  • #737,100
  • Mar 21, 2023 9:17am Mar 21, 2023 9:17am
where the price can/may stop its fall today ?
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Intraday only.
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