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Cable Update (GBPUSD)

  • #675,601
  • Edited 5:12am Aug 15, 2022 5:02am | Edited 5:12am
1.20800-12100 was easily broken and 1.20200 is very likely. The price could not even go 30 pips above 1.2100
There is nothing wrong with being kind & loving to each other
  • #675,602
  • Aug 15, 2022 5:08am Aug 15, 2022 5:08am
Quoting RaHaG0D
1.20800-12.100 was easily broken and 1.20200 is very likely. The price could not even go 30 pips above 1.2100
Agreed! 12050 once again is the stumbling block.. let’s see if we can 121-12090 again which in my mind is a good area for another test of 12050 before 120
Insane in the Brain..
  • #675,603
  • Aug 15, 2022 5:16am Aug 15, 2022 5:16am
Quoting BeeTogether
{quote} Agreed! 12050 once again is the stumbling block.. let’s see if we can 121-12090 again which in my mind is a good area for another test of 12050 before 120
Let's see. After filling this gap and retest, I think it is a good area to sell.
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There is nothing wrong with being kind & loving to each other
  • #675,604
  • Aug 15, 2022 5:19am Aug 15, 2022 5:19am
If breaks line going to take half lot to lower line and go with the flow of the trend
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Don't trade what you think. Just what you see!!!
  • #675,605
  • Aug 15, 2022 5:22am Aug 15, 2022 5:22am
A very good eye opening article:

https://wire.insiderfinance.io/calli...t-4411c85d1ef9
  • #675,606
  • Edited 6:05am Aug 15, 2022 5:29am | Edited 6:05am
Watching pa in m5 tf, price to up above 2080, limit 2089 for next small leg down for 2031 0r 2003 target!
2089 limit breaks, so next limit 2099 again.
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #675,607
  • Aug 15, 2022 5:34am Aug 15, 2022 5:34am
Good morning people. May I come in ? I have watched a few videos of ICT, he of Fair Value gaps etc, and marked out a cable entry or two on the chart. There is an hourly level which shows a "target low" ? and an earlier trade where price returned to a Fair value gap ? and, because the Day is biased short, a short entry.
My first attempt at this, thus my interpretation and marking of charts may be wrong, so please feel free to comment if moved to do so.
Albeit I have just started to look at Fair Value gaps etc I was wondering if anyone here ( none that I noticed) trades via ICT's approach?
Thanks
Ps. That second short is possibly a wrong decision because the hourly low is just underneath and has already been touched - so price could rise rather than drop
Attached Image(s) (click to enlarge)
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every Saint has a past. Every Sinner has a Future
  • #675,608
  • Aug 15, 2022 5:37am Aug 15, 2022 5:37am
Quoting Theoak
If breaks line going to take half lot to lower line and go with the flow of the trend {image}
Short in 1.2161 target 1.2043
Don't trade what you think. Just what you see!!!
  • #675,609
  • Aug 15, 2022 5:39am Aug 15, 2022 5:39am
i think we are having a 4h retest just sit and wait, i am also seeing a potential buy, but it will be lovely not to get in at this very moment we you should have a clear direction before diving in
  • #675,610
  • Aug 15, 2022 5:47am Aug 15, 2022 5:47am
Quoting goal888
A very good eye opening article: https://wire.insiderfinance.io/calli...t-4411c85d1ef9
That article could make some people very cross. Are you wearing your tin hat to cope with the flack
every Saint has a past. Every Sinner has a Future
  • #675,611
  • Aug 15, 2022 6:01am Aug 15, 2022 6:01am
Quoting PatienceFx
{quote} i have a bad habit of using tiny lots {image}
My problem too, don't know why.
  • #675,612
  • Aug 15, 2022 6:04am Aug 15, 2022 6:04am
Just went short at 2090. TP. 2040.
  • #675,613
  • Aug 15, 2022 6:04am Aug 15, 2022 6:04am
Quoting efosarolland
i think we are having a 4h retest just sit and wait, i am also seeing a potential buy, but it will be lovely not to get in at this very moment we you should have a clear direction before diving in
Perfectly right on this call. However, be aware of the current H4 bar which is an outside one and can press higher if it close close to the top.
  • #675,614
  • Aug 15, 2022 6:06am Aug 15, 2022 6:06am
Quoting Mitiblotch
Just went short at 2090. TP. 2040.
Wow really re-test as prophesized, erased all my gains after that big retrace up, now seems slowly resuming down, hope eventually reach TP, my TP is slightly lower than yours master.
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Freedom you deserve. All Time Return: 63.8%
  • #675,615
  • Aug 15, 2022 6:08am Aug 15, 2022 6:08am
TP at just under 12085 now gone short SL will be Asian opening circa 12135
Insane in the Brain..
  • #675,616
  • Aug 15, 2022 6:13am Aug 15, 2022 6:13am
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yes yes yes
  • #675,617
  • Aug 15, 2022 6:14am Aug 15, 2022 6:14am
Quoting Yngwie
Let see Long 2063
Done
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
  • #675,618
  • Aug 15, 2022 6:22am Aug 15, 2022 6:22am
Quoting Mitiblotch
Just went short at 2090. TP. 2040.
gu tries higher see h4
  • #675,619
  • Aug 15, 2022 6:23am Aug 15, 2022 6:23am
I think that it can get to 1.20
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #675,620
  • Aug 15, 2022 6:25am Aug 15, 2022 6:25am
Short 1.20930. Tp 20-30 Pips . Today done
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