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Cable Update (GBPUSD)

  • #872,621
  • Mar 2, 2026 4:09am Mar 2, 2026 4:09am
Quoting Headland
...markets across many asset classes have had their initial say re the w/e's events. Re Gbpusd; Asia made a valiant effort to close the opening gap from today's AL but left it open, as sellers came in @ today's AH, and early London followed thru to the downside on that, before the bounce back up from CDL. 4hr below {image}
We could see further exploitation of the gaps during N/A, I therefor take partial profit at key price levels.
  • #872,622
  • Mar 2, 2026 4:14am Mar 2, 2026 4:14am
My early GU and EU shorts delivered 20p, so happy all round. Now sitting on my hands waiting for new lows.
  • #872,623
  • Mar 2, 2026 4:16am Mar 2, 2026 4:16am
AU seem like a better trade
  • #872,624
  • Mar 2, 2026 4:21am Mar 2, 2026 4:21am
Quoting Mitiblotch
{quote} Yeah, I was referring to break of structure to the upside on 1min to justify buying. I want to buy just waiting for structural signal which I am yet to get.
waiting for retracement?
  • #872,625
  • Mar 2, 2026 4:28am Mar 2, 2026 4:28am
Quoting Zeiferz
{quote} waiting for retracement?
Exactly. It either comes back for a good entry or I ignore the trade.
  • #872,626
  • Mar 2, 2026 4:45am Mar 2, 2026 4:45am
Quoting Headland
...over 50% of the day's present main AH/CDH to CDL downmove given back @ current p/back hi of that move. 61.8% @ 3402, around today's AL. 1hr below {image}
This is why I like St.Dev3 entries, I call it the rubberband trade, it snaps back to the 38.2/50%.
Attached Image (click to enlarge)
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  • #872,627
  • Mar 2, 2026 4:49am Mar 2, 2026 4:49am
Quoting Headland
...over 50% of the day's present main AH/CDH to CDL downmove given back @ current p/back hi of that move. 61.8% @ 3402, around today's AL. 1hr below {image}
Price is yet to fill the gap at 1.3480, I have seen very few instances where the gap doesn't get filled till the next day or even days.
Data + Stat + Risk/Emotions Management
  • #872,628
  • Mar 2, 2026 4:51am Mar 2, 2026 4:51am
2 wins this morning for me on GBPUSD, both long trades 1st hit tp and 2nd i got a little freaked out by the red engulfing candle so top my profit.

new to all this atm so i am happy the wins are happening to build the confidence.
Attached Image (click to enlarge)
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  • #872,629
  • Mar 2, 2026 5:22am Mar 2, 2026 5:22am
Considering that EUR/USD has to touch 1.1620 area, I think GBPUSD will go down:
Attached Image (click to enlarge)
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  • #872,630
  • Mar 2, 2026 5:31am Mar 2, 2026 5:31am
Quoting Fishbones
Considering that EUR/USD has to touch 1.1620 area, I think GBPUSD will go down:{image}
i agree im waiting for sells now aslong as we continue to reject the daily open
  • #872,632
  • Mar 2, 2026 5:48am Mar 2, 2026 5:48am
Quoting Bflyfx
Gu Bfly forming, I will be buying
bought this AB=CD 1.618 4 hour chart
Going forward I will buy again another 150 pips lower at reversal pattern completion
Attached Image(s) (click to enlarge)
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I only follow traders with IQ above 160
Challenge Tour All Time Return: -88.1%
  • #872,633
  • Mar 2, 2026 5:48am Mar 2, 2026 5:48am
Hi still trying to learn, why does only GU seem aggressive in filling the gap but not EU? any kinds soul can help?
  • #872,634
  • Mar 2, 2026 5:50am Mar 2, 2026 5:50am
Quoting Bflyfx
added more to Gold trade at 5140
Took partial profit at 5400, waiting for pullback to add more.
I only follow traders with IQ above 160
Challenge Tour All Time Return: -88.1%
  • #872,635
  • Mar 2, 2026 5:59am Mar 2, 2026 5:59am
Quoting Nordling
Hidden
Fine, thanks for askin:
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  • #872,636
  • Mar 2, 2026 6:01am Mar 2, 2026 6:01am
Quoting Fishbones
{quote} Fine, thanks for askin: {image}
don t worry about him , he is typing from a kitchen on his break from peeling potatoes
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I only follow traders with IQ above 160
Challenge Tour All Time Return: -88.1%
  • #872,637
  • Mar 2, 2026 6:06am Mar 2, 2026 6:06am
Quoting Fishbones
{quote} Fine, thanks for askin: {image}

did someone accidentally blow his cover?
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Air force
  • #872,638
  • Mar 2, 2026 6:15am Mar 2, 2026 6:15am
Not much to look at in gbpusd after hitting that liquidity zone earlier this morning. Any trades now is that meandering wash which is very hard to guess!
  • #872,639
  • Mar 2, 2026 6:30am Mar 2, 2026 6:30am
Quoting Fishbones
{quote} Fine, thanks for askin: {image}
So you are either Ferna using an additional username, or you don't know how to read
You have to have an IQ higher than 90 to interact with this user.
  • #872,640
  • Mar 2, 2026 6:49am Mar 2, 2026 6:49am
Quoting Bflyfx
{quote} don t worry about him , he is typing from a kitchen on his break from peeling potatoes {image}
Lmfao love your signature mate
You have an IQ lower than 90 if you interact with this user.
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