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Cable Update (GBPUSD)

  • #812,601
  • Feb 28, 2024 9:58pm Feb 28, 2024 9:58pm
Quoting M.Fadly
I try to long with target 1.27462
Soon
Like me, cuts losses quickly. But has more patience and lets his winn
  • #812,602
  • Feb 28, 2024 10:06pm Feb 28, 2024 10:06pm
Quoting M.Fadly
{quote} Soon
high chances at news NY later
dont teach me how to buy. im sellers!!
  • #812,603
  • Feb 28, 2024 10:19pm Feb 28, 2024 10:19pm
Attached Image (click to enlarge)
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trading is like dancing, don't think and just listen to the music!
  • #812,604
  • Feb 28, 2024 10:24pm Feb 28, 2024 10:24pm
short again 2664 sl 2680
trailing stop 15pips
dont teach me how to buy. im sellers!!
  • #812,605
  • Feb 28, 2024 10:32pm Feb 28, 2024 10:32pm
the daily ATR is now at 62, which we last had in 2019

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the current weak vola is reminiscent of dry periods in the kalahari. the water is getting less and less and only the strongest will survive;-)
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trading is like dancing, don't think and just listen to the music!
  • #812,606
  • Feb 28, 2024 10:41pm Feb 28, 2024 10:41pm
Quoting birdland
the daily ATR is now at 62, which we last had in 2019 {image} the current weak vola is reminiscent of dry periods in the kalahari. the water is getting less and less and only the strongest will survive;-) {image}
… btc on tear cable dying slowly… 5-6pip range for whole asia
Extreme gut feeling trader
  • #812,607
  • Feb 28, 2024 10:45pm Feb 28, 2024 10:45pm
on yesterday mixed US data released i ve seen on tick volumes a big value (above 1800-TF M15) seen for the fifth time on feb after which a nice prolonged bullish move has been as effect. swiched to boed untill a new track is left by big fingers.
chaos is just unknown order
  • #812,608
  • Feb 28, 2024 10:47pm Feb 28, 2024 10:47pm
now you remember mf ?
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yes yes yes
  • #812,609
  • Feb 28, 2024 11:04pm Feb 28, 2024 11:04pm
bought @1.2661
chaos is just unknown order
  • #812,610
  • Feb 28, 2024 11:14pm Feb 28, 2024 11:14pm
Gu no direction. GJ's got my $$
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  • #812,611
  • Feb 28, 2024 11:24pm Feb 28, 2024 11:24pm
Warning from BoJ that rate hikes are coming. Finally, eh? We have only waited for how long... 2 years?
As said, I'm not sure these were the tops on JPY pairs, but we're close I think by looking at the higher TFs.

We'll see how the price will move throughout the day, but there is a possibility they will continue dropping against JPY today.

As for the "as volatile as ever" GBP/USD resistance seems to be at 1.2675 and 1.2632 support.
  • #812,612
  • Feb 28, 2024 11:24pm Feb 28, 2024 11:24pm
sold GU 2662 will add till 2690 every 5 pip, Gold sold 2036.60 also will add if grow, targete ls GU2630 Gold2030
People don't plan to lose. They lose because they don't plan.
  • #812,613
  • Feb 28, 2024 11:32pm Feb 28, 2024 11:32pm
Quoting ScalaFX
sold GU 2662 will add till 2690 every 5 pip, Gold sold 2036.60 also will add if grow, targete ls GU2630 Gold2030
follow
dont teach me how to buy. im sellers!!
  • #812,614
  • Feb 28, 2024 11:43pm Feb 28, 2024 11:43pm
rebought @1.2655
chaos is just unknown order
  • #812,615
  • Feb 28, 2024 11:45pm Feb 28, 2024 11:45pm
brought GBP/JPY(190.841) and NZD/USD(0.61119)

i am in loss of 40$

any suggestions should i hold it or close the position
  • #812,616
  • Feb 28, 2024 11:57pm Feb 28, 2024 11:57pm
GU H1
my view

trendlines
if we are above the yellow line = buy (waiting for H1 to close)
otherwise sell to green line...
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Trendlines H1,H4, SMC
  • #812,617
  • Feb 29, 2024 12:04am Feb 29, 2024 12:04am
Quoting hamedsna
gbpjpy finaly broke rising wedge we can find entry points in lower tfs my sell entry still open for lower levels {image}
Quoting hamedsna
another sell gbpjpy 820 sl 191.0 tp open
+130 pips in profit.closed 80% and sl to be for 20%
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  • #812,618
  • Feb 29, 2024 12:05am Feb 29, 2024 12:05am
partial.close..pa not friendly with bear
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dont teach me how to buy. im sellers!!
  • #812,619
  • Feb 29, 2024 12:17am Feb 29, 2024 12:17am
..TP1 @1.2684
chaos is just unknown order
  • #812,620
  • Feb 29, 2024 12:19am Feb 29, 2024 12:19am
G/M, a sub 30day adr bearish dly candle y/day ending the run of 6 consecutive bullish-bodied ones on that t/f. Today so far, early London challenge on Asian lo zone finds demand, now challenging the Asian hi zone.

1hr below
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