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Cable Update (GBPUSD)

  • #737,781
  • Edited 1:58am Mar 27, 2023 1:19am | Edited 1:58am
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Cam Levels https://www.livecharts.co.uk/Members...rex_pivots.php

TAPS
  • #737,782
  • Mar 27, 2023 1:26am Mar 27, 2023 1:26am
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  • #737,783
  • Mar 27, 2023 1:37am Mar 27, 2023 1:37am
Strong bearish bias today
  • #737,784
  • Mar 27, 2023 2:08am Mar 27, 2023 2:08am
Quoting ScalaFX
{quote} SRF protected this fall, risking more 2210 few more longs, waiting for some action
All posiotions protected, shity closed, waiting for more
People don't plan to lose. They lose because they don't plan.
  • #737,785
  • Mar 27, 2023 2:14am Mar 27, 2023 2:14am
Hi guys, the new trading week is starting.
My opinion.
GU, M30, is still in a downtrend. But the major cycle up is not over, so the decline will stay only for a short time.
Need to wait for the price to form a bullish structure, otherwise I will still trade short orders as a priority.
Good luck to everyone trading.
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Just follow the trend.
  • #737,786
  • Mar 27, 2023 2:20am Mar 27, 2023 2:20am
Quoting lucaswalliam
Hi guys, the new trading week is starting. My opinion. GU, M30, is still in a downtrend. But the major cycle up is not over, so the decline will stay only for a short time. Need to wait for the price to form a bullish structure, otherwise I will still trade short orders as a priority. Good luck to everyone trading. {image}
yes, I agree that there are two resistances ahead, but if it goes lower then it will break through the bottom, but the main movement is buying
  • #737,787
  • Mar 27, 2023 2:27am Mar 27, 2023 2:27am
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yes yes yes
  • #737,788
  • Mar 27, 2023 2:30am Mar 27, 2023 2:30am
Quoting Gonzzo
{quote}yes, I agree that there are two resistances ahead, but if it goes lower then it will break through the bottom, but the main movement is buying
I'm not really sure it will continue to break down. All wait for the market to tell us and focus on the chart pattern.
Just follow the trend.
  • #737,789
  • Mar 27, 2023 2:34am Mar 27, 2023 2:34am
4hour candles looks weird
  • #737,790
  • Mar 27, 2023 2:38am Mar 27, 2023 2:38am
Quoting lucaswalliam
{quote} I'm not really sure it will continue to break down. All wait for the market to tell us and focus on the chart pattern.
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  • #737,791
  • Mar 27, 2023 2:40am Mar 27, 2023 2:40am
Quoting mysterio
I think buys from 1.2229. sells from 1.2255-60 ish. Down to below last Monday low.{quote}
Sofar so good, looking for 1.2160 next.
  • #737,792
  • Mar 27, 2023 2:55am Mar 27, 2023 2:55am
Quoting Gonzzo
{quote}{image}
Just follow your own trading ideas, the results are not very important. After all, trading is a long-term business.
Just follow the trend.
  • #737,793
  • Mar 27, 2023 3:04am Mar 27, 2023 3:04am
Looking for a good break of structure on 5min to go short
  • #737,794
  • Mar 27, 2023 3:04am Mar 27, 2023 3:04am
Attached Image (click to enlarge)
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And voila, just like a magician it disappears under the table...how effin coal is that blackouts eskom...NET ZERO FRAUD - Looks like this!
https://twitter.com/ricwe123/status/1639280490921304065?cxt=HHwWgoC9yfq68r8tAAAA
  • #737,795
  • Mar 27, 2023 3:06am Mar 27, 2023 3:06am
I usually look at the 1 minute candles between 8.28 and 8.33 for a hint of direction looking for the majority of a trend. But sometimes it can throw you write off
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Insane in the Brain..
  • #737,796
  • Mar 27, 2023 3:09am Mar 27, 2023 3:09am
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yes yes yes
  • #737,797
  • Mar 27, 2023 3:09am Mar 27, 2023 3:09am
Im in buys.
How to succeed in zero sum game?
  • #737,798
  • Mar 27, 2023 3:12am Mar 27, 2023 3:12am
I am not chasing the price.

As per my previous post, I was long....then booked.

I was short around 2260, booked.

Now nothing, as I said, I am not chasing thE price
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Intraday only.
  • #737,799
  • Mar 27, 2023 3:31am Mar 27, 2023 3:31am
My scenario is like last week, best for me to price break structure last week high for around 2350-70 and I will be shorting from there, I dont think we can break 1.24 and higher for more liqudity. Main target 1.16 is in my mind but we must can change our sentiment due to what chart is saying, trade safe folks
People don't plan to lose. They lose because they don't plan.
  • #737,800
  • Mar 27, 2023 3:39am Mar 27, 2023 3:39am
Quoting ScalaFX
My scenario is like last week, best for me to price break structure last week high for around 2350-70 and I will be shorting from there, I dont think we can break 1.24 and higher for more liqudity. Main target 1.16 is in my mind but we must can change our sentiment due to what chart is saying, trade safe folks
12340 area to retest and possibly break for good areas to short from. Lets do it!
Insane in the Brain..
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