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- redbars replied Apr 19, 2023
Bullish divergence forming on 5m, could be a breakout as signs of fatigue are showing, support has held really well at the abuse tonight, minimal downside, let's see how it pans out. Going into frankfurt/London. Mm may have other plans.
Cable Update (GBPUSD)
- redbars replied Apr 19, 2023
Holding the dollar is just essentially propping up americas heavy bag of debt, allowing them to do as they please, not only that the sanctions they have put on Russia, although justified just proves how much control they have over 'free trade'. This ...
Cable Update (GBPUSD)
- redbars replied Apr 19, 2023
Can someone help me understand why with all thats going on in the world the dollar is still considered a safe haven currency, when it is well known the government solves its issues by printing money, rendering any gains useless. Why is it that when ...
Cable Update (GBPUSD)
- redbars replied Apr 19, 2023
Hey, Yes I'm a newbie, I have been lurking here for a while so I figured I'd make an account, you are right, I should provide proof for conviction, we all trade with our own systems, I will start going forward. I'm well aware of mm and that side of ...
Cable Update (GBPUSD)
- redbars replied Apr 19, 2023
This finally might be the push to 1.25 we've all been waiting for, nice trend on m1, target is todays high and then hopefully 1.25's
Cable Update (GBPUSD)
- redbars replied Apr 19, 2023
Hedged for ny, im not taking the risk of getting stopped out for what could be an awesome trade, will wait for the madness to settle before unhedging, need clear direction.
Cable Update (GBPUSD)
- redbars replied Apr 19, 2023
I really want to stay in my shorts but I feel like nyo will obliterate my positions
Cable Update (GBPUSD)
- redbars replied Apr 19, 2023
Bears are 100% in control right now, h4 closed back in the range, no momentum on rallys, I think we about to pay a visit to goblin town
Cable Update (GBPUSD)
- redbars replied Apr 19, 2023
I have no confidence in the pound, every rally loses steam and gets heavily sold in to, despite data showing further hikes will happen and maybe even continue after the dollar eases off. The best outcome for the pound is that we don't touch parity ...
Cable Update (GBPUSD)
- redbars replied Apr 19, 2023
Up only it seems, curious to see how ny responds to this
Cable Update (GBPUSD)
- redbars replied Apr 17, 2023
It could very well be a bull trap too, enticing buyers before nyo so they can buy back and provide liquidity on the way down. I am still bullish but I'm wary of this.
Cable Update (GBPUSD)