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Cable Update (GBPUSD)

  • #815,461
  • Mar 12, 2024 2:41am Mar 12, 2024 2:41am
DXY H1
trendlines

if we stay below yellow line,it looks bad for usd...
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Trendlines H1,H4, SMC
  • #815,462
  • Mar 12, 2024 2:44am Mar 12, 2024 2:44am
Quoting Iansco
{quote} I have just added longs to the dragon myself {image}
So you analysed gbpxxx will be bullish?
dont teach me how to buy. im sellers!!
  • #815,463
  • Mar 12, 2024 2:44am Mar 12, 2024 2:44am
Thinking we might see GU run the lows into a monthly FVG before running up in Q2
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  • #815,464
  • Mar 12, 2024 2:45am Mar 12, 2024 2:45am
GU caught in the monthly R levels which is my sell zone. With a nice drop yesterday. Considering that it hit Monthly R2 as well this could be a nice drop if we can break past the weekly pivot(1.2798) and daily S1(1.2784). Hoping the drop will continue so I can drag my stop for a larger gain.
  • #815,465
  • Mar 12, 2024 2:49am Mar 12, 2024 2:49am
Quoting TraderFX.Id
{quote} Its called risk..part of the game.
fair enough.
i just avoid trading against my sentiment
i can see it down to 1.2755 but GU is of no interest to me today. could go either way and rr is not good enough, i prefer to stay out
offering my system to copy trade. check my link
  • #815,466
  • Mar 12, 2024 2:55am Mar 12, 2024 2:55am
AUDUSD LONG
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My telegram: https://t.me/avidforex
  • #815,467
  • Mar 12, 2024 3:01am Mar 12, 2024 3:01am
Seeing that the pull back is here I'm not calling it a drop...were do we bears see first support area for a good bounce
average dude treading water
  • #815,468
  • Mar 12, 2024 3:05am Mar 12, 2024 3:05am
Out for some, expect up again around 2815 before sell
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dont teach me how to buy. im sellers!!
  • #815,469
  • Mar 12, 2024 3:07am Mar 12, 2024 3:07am
Support 1.2755 - 1.2745
  • #815,470
  • Mar 12, 2024 3:09am Mar 12, 2024 3:09am
come on
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yes yes yes
  • #815,471
  • Mar 12, 2024 3:17am Mar 12, 2024 3:17am
Quoting MIKKI
{quote} Please please name me one country in this world that is not fu... financially...
KSA, Iguess
More time in the market, does not mean you trade better!
  • #815,472
  • Mar 12, 2024 3:34am Mar 12, 2024 3:34am
GU
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  • #815,473
  • Mar 12, 2024 3:57am Mar 12, 2024 3:57am
Quoting MIKKI
{quote} Please please name me one country in this world that is not fu... financially...
How is this for a start:
10 Great Countries without Public Debt

  1. Switzerland
  2. Sweden
  3. Norway
  4. Denmark
  5. Czech Republic
  6. Estonia
  7. Singapore
  8. Taiwan
  9. South Korea
  10. Russia

  • #815,474
  • Mar 12, 2024 4:01am Mar 12, 2024 4:01am
Quoting dantpm
{quote} How is this for a start: 10 Great Countries without Public Debt Switzerland Sweden Norway Denmark Czech Republic Estonia...
Part 2
The 20 countries with the lowest national debt in 2022 in relation to gross domestic product
https://www.statista.com/statistics/...national-debt/
  • #815,475
  • Mar 12, 2024 4:06am Mar 12, 2024 4:06am
Quoting Moty
next week strategy {image}
this is the holy grail
every day you are getting more then 50 pips of profit
h1 macd dettermine the main trend and 15 m macd give the entry signal
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yes yes yes
  • #815,476
  • Mar 12, 2024 4:08am Mar 12, 2024 4:08am
Interesting country's... Thanks all....out of guru small profit Will wait us data should shake things up
average dude treading water
  • #815,477
  • Mar 12, 2024 4:14am Mar 12, 2024 4:14am
Price is camped out at .382 fib level from Friday's low now. Maybe it won't get to the black line. I might jump in if I can see something happening on the lower time frame instead of waiting for it to get to the black line.
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  • #815,478
  • Mar 12, 2024 4:16am Mar 12, 2024 4:16am
Quoting Jade Gate
Inter-relationships between the currencies/charts. Things to watch.... GBP and UJ (mirror reverse images of each other). Notice the ma crossover happening on the 4H UJ chart. A nice cable entry long would be around the 61.8 fib @1.2745 if it gets there. EURBGP cross looking like it thinks it has a double bottom here on the daily chart GBPJPY double top and 2 bear hammers on the daily chart That said, it's early, market is not fully liquid. We'll see how the Europe session plays out. {image} {image} {image} {image}
Remember this from just after market open on Sunday/Monday? Here's the update, cable will likely hit the 61.8 fib and the 200 sma (purple) around 1.2745 and once again be trapped between the 200 ema (red), the 200 sma (purple) but the crossing over ma's below (50 sma blue, 21 sma light blue) may give lift. Will wait to see if price holds on the fib.

EURGBP does in fact seem to think it has a double bottom here too (but personally not convinced, will see what the US session does with it, US traders are quite fond of cable vs EUR). The data wasn't flash but it also wasn't too bad either.
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  • #815,479
  • Mar 12, 2024 4:19am Mar 12, 2024 4:19am
more then 1 to 5 r/r trade , it can't get any better then that
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yes yes yes
  • #815,480
  • Mar 12, 2024 4:28am Mar 12, 2024 4:28am
Quoting Moty
{quote} this is the holy grail every day you are getting more then 50 pips of profit h1 macd dettermine the main trend and 15 m macd give the entry signal {image}
i admire how simple your trading is
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