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Cable Update (GBPUSD)

  • #857,121
  • Mar 25, 2025 4:32am Mar 25, 2025 4:32am
If this doesn't scream "sustainable", I don't know what does.
  • #857,122
  • Mar 25, 2025 4:45am Mar 25, 2025 4:45am
Running a crazy bounce , waiting sell signal
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #857,123
  • Mar 25, 2025 4:57am Mar 25, 2025 4:57am
Seriously though. Price hit the low of the last bullish hourly candle of yesterdays morning bull run at the same time the DXY came down to 104. Looking on the daily of the DXY, we could be on a higher TF pullback going to about 105 perhaps. If that's the case, GU might be heading below 2900 now. Perhaps, could, maybe. Don't know.
  • #857,124
  • Mar 25, 2025 4:58am Mar 25, 2025 4:58am
Quoting Moty
eu is before a big move up it will pull gu with him but it's not exact science but it will not be without squeezement {image}
irst ride against the dollar ,i can sum it in 1 word
yes
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yes yes yes
  • #857,125
  • Mar 25, 2025 5:01am Mar 25, 2025 5:01am
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yes yes yes
  • #857,126
  • Mar 25, 2025 5:28am Mar 25, 2025 5:28am
Beginning to think I'm wrong.
  • #857,127
  • Mar 25, 2025 5:37am Mar 25, 2025 5:37am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #857,128
  • Mar 25, 2025 5:39am Mar 25, 2025 5:39am
Quoting Georginson
{quote} Yes they will make the bears absolutely tired and frustrated .. next will now be one wicked bear candle of 200+ pips then followed by small consolidation and another wicked 150 pips bear candle. Best thing to do is to distract one self and don't get emotionally attached to the delay.
Which conveniently takes you to target
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #857,129
  • Mar 25, 2025 5:40am Mar 25, 2025 5:40am
Quoting Dundi
This thread is very sleepy.
70% short
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #857,130
  • Edited 6:07am Mar 25, 2025 5:47am | Edited 6:07am
Closing all my trades of yesterday, 520pips. Looks like another early week for me. With yesterday's 245pips, I'm 35pips shy of my 800pips weekly target.


EDIT:Gold also gave 192pips, so that's that.
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  • #857,131
  • Mar 25, 2025 5:47am Mar 25, 2025 5:47am
Quoting profits7
{quote} {image}
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Don’t focus on making $$$, focus on protecting what you have.
  • #857,132
  • Mar 25, 2025 5:52am Mar 25, 2025 5:52am
Looks like I was, long 1.2957. TP 1.3100
  • #857,133
  • Mar 25, 2025 6:09am Mar 25, 2025 6:09am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #857,134
  • Mar 25, 2025 6:19am Mar 25, 2025 6:19am
Quoting genadi
{quote} Explain. What should we look for? What should we do?
In short, this is what you should see, I followed USDCAD yesterday, not DXY. That's why I held long GU.
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  • #857,135
  • Mar 25, 2025 6:35am Mar 25, 2025 6:35am
Think I was premature with my entry but the 200 EMA on the 1 minute TF seems to have offered good support. Onwards into the blue skies above
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  • #857,136
  • Mar 25, 2025 7:05am Mar 25, 2025 7:05am
Quoting firsttimer
{quote} Slow and steady.... Have few short positions accumulated. Protect all shorts now. Bearish for gu still. Eu has similar price action.
out of all positions with some pips, some at SL and some small TP.

USD has turned bearish at the 1 hr timeframe. there is no pullback yet.

I will stay sideline and wait for more price action to develop first.
  • #857,137
  • Mar 25, 2025 7:08am Mar 25, 2025 7:08am
Spot price exhaustion early, grabbed another 130pips in 30 minutes.
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  • #857,138
  • Mar 25, 2025 7:10am Mar 25, 2025 7:10am
Quoting MrFanciful
Think I was premature with my entry but the 200 EMA on the 1 minute TF seems to have offered good support. Onwards into the blue skies above {image}
your entry was good... hold to 12850ish
  • #857,139
  • Mar 25, 2025 7:17am Mar 25, 2025 7:17am
Quoting T721
{quote} your entry was good... hold to 12850ish
Thanks. I said I went long to see if the markets pay particular attention to my positions. I think I threw them off haha. Being sarcastic of course.

I took a short after it made a new high, after there appeared to be some buyers come in, or buyers exits. After it broke structure again, moved my SL to BE. Feeling nervous about holding now.
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  • #857,140
  • Edited 9:02am Mar 25, 2025 7:23am | Edited 9:02am
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Correction this was a small pullback. DXY is bearish.
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