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Cable Update (GBPUSD)

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  • Post #675,941
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  • Aug 16, 2022 8:21am Aug 16, 2022 8:21am
  •  Coreg2004
  • Joined Oct 2009 | Status: Member | 2,716 Posts
Quoting RaHaG0D
Disliked
{quote} I think 2100-2110 is more likely for the price to return to 1.17-1.19.The higher the price, the more excited it is to fall, 1.216 is going to be very exciting. Let's see
Ignored
RaHaG0D, here is my take ...After W"1-W:5 is in place the min target zone is 1.2110-1.2142
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Always trade your own plan...I don't provide trading signals.
 
7
  • Post #675,942
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  • Aug 16, 2022 8:21am Aug 16, 2022 8:21am
  •  GODofMC
  • Joined Feb 2020 | Status: Member | 495 Posts
Can't make any choice setup still down, but price look like want to retest today high
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USD -3000
MC Master Pips Today: -34
 
 
  • Post #675,943
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  • Aug 16, 2022 8:29am Aug 16, 2022 8:29am
  •  tehtawar
  • Joined Jun 2017 | Status: Lucky Member | 214 Posts
Pending Short 1.2050... SL 1.2062

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Stay low, Go fast - No luck, All skill
 
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  • Post #675,944
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  • Aug 16, 2022 8:30am Aug 16, 2022 8:30am
  •  Mitiblotch
  • Joined Sep 2017 | Status: Member | 7,567 Posts
GU give me 2085 or 2090 and I will clap and dance for you.
https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
 
3
  • Post #675,945
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  • Aug 16, 2022 8:31am Aug 16, 2022 8:31am
  •  bigiivan
  • Joined Jun 2018 | Status: Brother | 3,845 Posts
Quoting bigiivan
Disliked
Does anyone watch at GBP/CHF? It will be beautiful up move. Just watch it and enjoy it.
Ignored
The train has already starts. I hope some people cought it.
"I feel strong because I am bul..."
 
7
  • Post #675,946
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  • Aug 16, 2022 8:32am Aug 16, 2022 8:32am
  •  Theoak
  • Joined Apr 2019 | Status: Member | 5,492 Posts
Short in at 1.2034 target not looked yet but that candle at the top of the channel golden

Quick target them lows
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Don't trade what you think. Just what you see!!!
 
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  • Post #675,947
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  • Aug 16, 2022 8:32am Aug 16, 2022 8:32am
  •  RaHaG0D
  • Joined Nov 2021 | Status: I'm colorful and happy | 572 Posts
Quoting Coreg2004
Disliked
{quote} RaHaG0D, here is my take ...After W"1-W:5 is in place the min target zone is 1.2110-1.2142 {image}
Ignored
Hi Coreg2004. Thank you for your valuable post. I agree with your view. I think the range of 1.2110-1.214 is more likely to return the price
I pray to rain of GOLD from the sky for you and me
 
4
  • Post #675,948
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  • Aug 16, 2022 8:44am Aug 16, 2022 8:44am
  •  Moty
  • Joined Dec 2017 | Status: Member | 22,236 Posts
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  • Post #675,949
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  • Aug 16, 2022 8:45am Aug 16, 2022 8:45am
  •  navk
  • Joined Oct 2010 | Status: Trader | 15,738 Posts | Online Now
Quoting Moty
Disliked
{image}
Ignored
it is too big and vertical.

I mean the direction to target.

Intraday only.
 
2
  • Post #675,950
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  • Aug 16, 2022 8:51am Aug 16, 2022 8:51am
  •  ForexGoose
  • Joined Dec 2021 | Status: hungry for pizza & burgers | 2,352 Posts | Online Now
It might break 1.20 soon, but a rally higher is possible if the CPI report is hot.

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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
 
3
  • Post #675,951
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  • Aug 16, 2022 8:54am Aug 16, 2022 8:54am
  •  Georginson
  • Joined Aug 2018 | Status: Veteran | 3,435 Posts
Quoting Georginson
Disliked
{quote} Today has some signs there may be another 200 pips movement which may crash price to 1.2000/1.1986 as it did last week Friday. I will wait on the sideline to pull buying trigger at from 1.2020 - 1.1990.
Ignored
This move was delayed till Tuesday (today)... Big boys are messing up with the ranges making it as random as possible... Swing traders can hardly survive the movements since beginning of year 2021 till date.

This week action zones for me:

Possible laddering buys from 1.1965 - 1.1900 for average target of 1.2030

Possible laddering sells from 1.2225 - 1.2275 for average target of 1.2150.
Swing and Intraday
 
6
  • Post #675,952
  • Quote
  • Aug 16, 2022 8:55am Aug 16, 2022 8:55am
  •  PatienceFx
  • Joined Jun 2013 | Status: enjoying life | 15,128 Posts
completed
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Indicators on my chart help me guess the trade they do not guarantee result
 
1
  • Post #675,953
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  • Aug 16, 2022 8:57am Aug 16, 2022 8:57am
  •  Katanashino
  • | Joined Mar 2020 | Status: Member | 70 Posts
Quoting Katanashino
Disliked
Potential Double Top on USD. Buy GBP 1.2022 1st TP 1.2050 2nd TP 1.2100 {image}
Ignored
1st target reached, SL to Be and let it run to 1.2100
 
1
  • Post #675,954
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  • Aug 16, 2022 8:57am Aug 16, 2022 8:57am
  •  voeltoez
  • Joined Jul 2011 | Status: $100 per day | 543 Posts
I am done..
My daily goal has been met..
good luck everyone..
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~ Keep Calm and Trade Carefully ~
 
8
  • Post #675,955
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  • Aug 16, 2022 8:58am Aug 16, 2022 8:58am
  •  PatienceFx
  • Joined Jun 2013 | Status: enjoying life | 15,128 Posts
target weekly pivot
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Indicators on my chart help me guess the trade they do not guarantee result
 
3
  • Post #675,956
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  • Aug 16, 2022 9:05am Aug 16, 2022 9:05am
  •  eyefeelsix
  • Joined Aug 2021 | Status: Member | 673 Posts
Quoting eyefeelsix
Disliked
low risk for buy, risk -10p low of day
Ignored
sl+ to target 1.2100
~ Trading is like a religion.
 
3
  • Post #675,957
  • Quote
  • Aug 16, 2022 9:08am Aug 16, 2022 9:08am
  •  PatienceFx
  • Joined Jun 2013 | Status: enjoying life | 15,128 Posts
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Indicators on my chart help me guess the trade they do not guarantee result
 
 
  • Post #675,958
  • Quote
  • Aug 16, 2022 9:09am Aug 16, 2022 9:09am
  •  Reverso
  • Joined Apr 2022 | Status: Member | 520 Posts
Quoting Reverso
Disliked
{quote} Ongoing Short trade doing well, into 50% of TP, nothing but red candles. If TP hit, that's it for today, let's see how it goes. {image}
Ignored
It went to about 80% TP then reverse all the way hit SL.
Plan for the 2nd trade to day:

1. Short if closed below 1.20408, this will be qualified as "bounced off daily upper key level" with a bearish engulfing structure confirmation, SL recent high.
2. Short if bounced off daily pivot level 1.20991 - 1.20686, SL upper end of pivot 1.20991.
3. Long if closed above Daily upper pivot 1.20991, SL lower end of pivot 1.20686.

Otherwise no trade.
GBPUSD only, M15 timeframe only. Fixed SL (-2.50%) & TP (+3.75%), R/R: 1.5x
 
1
  • Post #675,959
  • Quote
  • Aug 16, 2022 9:11am Aug 16, 2022 9:11am
  •  epzero
  • Joined Oct 2019 | Status: Member | 1,003 Posts
Quoting Georginson
Disliked
{quote} This move was delayed till Tuesday (today)... Big boys are messing up with the ranges making it as random as possible... Swing traders can hardly survive the movements since beginning of year 2021 till date. This week action zones for me: Possible laddering buys from 1.1965 - 1.1900 for average target of 1.2030 Possible laddering sells from 1.2225 - 1.2275 for average target of 1.2150.
Ignored
Big big talk no action , rest IJN
 
 
  • Post #675,960
  • Quote
  • Aug 16, 2022 9:11am Aug 16, 2022 9:11am
  •  Theoak
  • Joined Apr 2019 | Status: Member | 5,492 Posts
Quoting Theoak
Disliked
Short in at 1.2034 target not looked yet but that candle at the top of the channel golden Quick target them lows {image}
Ignored

Stops at 1.2066. If this get taken out then that's all my hard work today down the drain! And I think it is going to take it out. So fingers crossed!
Don't trade what you think. Just what you see!!!
 
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