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Cable Update (GBPUSD)

  • #873,181
  • Mar 20, 2026 10:07am Mar 20, 2026 10:07am
Quoting Guy1969
{quote} I have multiple longs on GU and EU,AU and NZ. Planning to hold until price gets to projected targets. Looking forward to the ride back higher, eating into next week's pips target.
Below 1.3349 is now heavily bearish for possible assault on 1.3132.
Data + Stat + Risk/Emotions Management
  • #873,182
  • Mar 20, 2026 10:12am Mar 20, 2026 10:12am
Quoting Guy1969
{quote} My account is big enough, my stops goes in when the sweep is done. All good.
sure, but i just think the move this time will be less forgiving
i could be brutally wrong.
  • #873,183
  • Mar 20, 2026 10:14am Mar 20, 2026 10:14am
Quoting Whale
{quote} sure, but i just think the move this time will be less forgiving i could be brutally wrong.
true, I agree, never go against the Dollar
There is Time for Bull, and Time for Bear. and so be the Wolf.
  • #873,184
  • Mar 20, 2026 10:29am Mar 20, 2026 10:29am
Quoting Guy1969
{quote} I have multiple longs on GU and EU,AU and NZ. Planning to hold until price gets to projected targets. Looking forward to the ride back higher, eating into next week's pips target.
The highest possibility for me is to Sell GU more significantly because of the breakdown of 1.3350.

Besides, Institutions including Hedged Fund are buying USD.

However, your trade management process is very key to the success of those running trades.

Good luck and nice weekend.
Market Structure is the King.....
  • #873,185
  • Mar 20, 2026 10:44am Mar 20, 2026 10:44am
Quoting Georginson
{quote} Below 1.3349 is now heavily bearish for possible assault on 1.3132.
Thanks Georginson. I spoke to a 67 yo retired floor trader many years ago, and he said something that stuck with me. He said, traders are completely unaware of the amount of money the market maker has to commit during a liquidity sweep. Since it is always against the direction of the trend, they have to force price to a liquidity level they plan to sweep, which takes allot of money. And here's what stuck, they eventually have to allow price to flow in the direction of the broader trend. So, I'm one of those old farts who says to the market maker, come for me if you can .
  • #873,186
  • Mar 20, 2026 11:58am Mar 20, 2026 11:58am
Many forget about the gaps when the war started, if u want a strong $ first full the gaps, just my opinion, also a high price in oil is bad în every country, also high gold price can ne traded only in paper, nobody buys gold ar that price
  • #873,187
  • Mar 20, 2026 12:09pm Mar 20, 2026 12:09pm
Short GU 3330. TP 3200. I'm looking to go long. Worse case scenario is price drops to 3250 to form a right shoulder for a possible inverse HS before flying up. In that case I still get 3250 and make 80 pips profit.
  • #873,188
  • Mar 20, 2026 12:49pm Mar 20, 2026 12:49pm
Quoting Wavegarrick
{quote} Hi Fishbones, Yes, I am still long. Daily bullish divergence still in play. Cheers. {image}
Buy trade at 1.33362.
Cheers
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Trade to trade another day
  • #873,189
  • Edited Mar 21, 2026 6:39am Mar 20, 2026 2:49pm | Edited Mar 21, 2026 6:39am
... The week just closed had everything; a 130% of 13wk awr pip range, and for those (I would suggest) particularly on the 1hr or below trigger, it had great volatility and momentum, resulting in very decent tradeable up and down swings. No b/o of 3483 LWH, (also the CMH,) or 3218 LWL (also the CML/CYL,) though, so an effective 'inside candle' close on the Wkly t/f. Similarly, today, Friday, (although a > 30day adr pip range @ 143%,) didy not see a b/o either way of 3467 YH, or 3246 YL. 69% of 6mth amr traveled so far this month.

A consecutive inverted hammer close (this one bullish-bodied) on the Wkly, and a bearish inside candle close on the Dly today. The last 4Hr, (like the 1Hr) candle close was bullish. The week's close sees the Wkly t/f stay rangy more than anything, the Dly t/f still in a messy general downtrend, the 4Hr t/f rangy, and the 1Hr t/f may be in a general downtrend?

Re the Wkly range; you could say it is 3139, -3788 (LYH,) and that 3010 and 3038 were false downside b/o's of it, and 3870 (CYH,) was a false 1st upside b/o of it.

EDIT: added, and corrected typos.

Wkly, Dly, then 4Hr, below.
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Trader with an Edge.
  • #873,190
  • Mar 20, 2026 3:51pm Mar 20, 2026 3:51pm
Quoting Mitiblotch
Short GU 3330. TP 3200. I'm looking to go long. Worse case scenario is price drops to 3250 to form a right shoulder for a possible inverse HS before flying up. In that case I still get 3250 and make 80 pips profit.
Given where the GU and EU ranges are atm, I'd rather be in a trade than not. Trump hates a strong dollar, and this market is currentlyy giving him eveything he hates, so we are in for another bumper week. Proper money management, and the pips will come.
  • #873,191
  • Mar 20, 2026 4:41pm Mar 20, 2026 4:41pm
GBPUSD_H4. My trading range for GU next week (IF Trump can just cooperate).
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  • #873,192
  • Mar 20, 2026 4:57pm Mar 20, 2026 4:57pm
EURUSD_H4.
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  • #873,193
  • Mar 20, 2026 10:17pm Mar 20, 2026 10:17pm
Quoting Guy1969
{quote} Given where the GU and EU ranges are atm, I'd rather be in a trade than not. Trump hates a strong dollar, and this market is currentlyy giving him eveything he hates, so we are in for another bumper week. Proper money management, and the pips will come.
Hello mate, we are approaching The last 7 trade days of the month and the minimum expected distance of this month is 300 - 350 pips...

Current Range so far... 1.3482 - 1.3217 = 265 pips

Simulations below
✓Current high 1.3482 minus expected minimum 300 pips range = 1.3182
✓Current low 1.3217 plus expected minimum 300 pips range = 1.3517

Current High 1.3482 + Current Low 1.3217 divide by 2 = 1.3349. The Decider for this month is 1.3349

✓Above 1.3349 points at 1.3517
✓Below 1.3349 points at 1.3182

You may need to check October 2025 month end for some clues.

Also I noticed whenever this pair touches a new low, it bounces by 220 - 260 pips before making New low again. 260 pips bounce just happened and there is a chance that price can make a new low as far as price trades below 1.3349.

Watch out for 1.3182 - 1.3030 area.
Data + Stat + Risk/Emotions Management
  • #873,194
  • Mar 21, 2026 12:48am Mar 21, 2026 12:48am
Trajectory is down
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  • #873,195
  • Mar 21, 2026 2:09am Mar 21, 2026 2:09am
DXY_H1. Not much has shifted for the DXY, we had a bearish break, which is so far holding structure. My trading range for the coming week is H:99.985 and L:98.700
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  • #873,196
  • Mar 21, 2026 2:18am Mar 21, 2026 2:18am
Quoting Georginson
{quote} Hello mate, we are approaching The last 7 trade days of the month and the minimum expected distance of this month is 300 - 350 pips... Current Range so far... 1.3482 - 1.3217 = 265 pips Simulations below ✓Current high 1.3482 minus expected minimum 300 pips range = 1.3182 ✓Current low 1.3217 plus expected minimum 300 pips range = 1.3517 Current High 1.3482 + Current Low 1.3217 divide by 2 = 1.3349. The Decider for this month is 1.3349 ✓Above 1.3349 points at 1.3517 ✓Below 1.3349 points at 1.3182 You may need to...
Thanks, my original range calc brought me to a high of 1.3525, then I tipped the market 25 pips because of Trump .
  • #873,197
  • Edited 6:13am Mar 21, 2026 4:11am | Edited 6:13am
NASDAQ_H1. I'm short NASDAQ to 23.700. From there, I'll look for support on the M15 chart.

EDIT: I'm short since 24.400 zone, so this is not a new entry.
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  • #873,198
  • Mar 21, 2026 4:25am Mar 21, 2026 4:25am
What do you think about EURUSD price in the coming week
  • #873,199
  • Mar 21, 2026 4:26am Mar 21, 2026 4:26am
GOLD_H4. I won't buy gold until price gets to 4.365. This will be my trade of the week, from the low I'm holding all the way into the pivot.
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  • #873,200
  • Mar 21, 2026 6:37am Mar 21, 2026 6:37am
Headland, did you delete a post? I'm convinced I saw a post regarding the weekly?
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