Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

Last Post
1 33867 33868 Page 33869 33870 33871 36349
1 Page 33869 36349

Post #677,361
Quote
Aug 22, 2022 4:59am Aug 22, 2022 4:59am

Headland
Joined Apr 2020 | Status: trading | 5,077 Posts | Online Now

...it was an easy hi-prob buy on the 30min pinbar close with the reg bullish div @ the pot supp zone...cheaper entry on the 5min before it.
1hr bullish engulf close now.

Attached Image (click to enlarge)

Click to Enlarge

Name: screenshot.png
Size: 13 KB

Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.

Post #677,362
Quote
Aug 22, 2022 5:12am Aug 22, 2022 5:12am

Moty
Joined Dec 2017 | Status: Member | 21,639 Posts

Attached Image (click to enlarge)

Click to Enlarge

Name: gu.png
Size: 21 KB

Post #677,363
Quote
Aug 22, 2022 5:22am Aug 22, 2022 5:22am

Houtbay
Joined Nov 2020 | Status: Member | 4,159 Posts | Online Now

So where is Gbpusd heading? Any ideas and why? What is the trend?

Post #677,364
Quote
Aug 22, 2022 5:30am Aug 22, 2022 5:30am

Reverso
Joined Apr 2022 | Status: Member | 516 Posts | Online Now

Quoting Houtbay

Disliked

So where is Gbpusd heading? Any ideas and why? What is the trend?

Ignored

Dont know, dont care.
One thing i learnt is that i dont try to predict directions anymore, leave it to the system/tool that you used to tell you what to do, then act on it.
If the system is working fine, in the long term money will follow anyway.

GBPUSD only, M15 timeframe only. Fixed SL (-2.50%) & TP (+3.75%), R/R: 1.5x

Post #677,365
Quote
Aug 22, 2022 5:34am Aug 22, 2022 5:34am

BeeTogether
Joined Oct 2020 | Status: Member | 5,963 Posts | Online Now

Seems to be a lot resistance/noise going up..

Post #677,366
Quote
Aug 22, 2022 5:40am Aug 22, 2022 5:40am

Headland
Joined Apr 2020 | Status: trading | 5,077 Posts | Online Now

Quoting Headland

Disliked

...challenging 2nd potential upside obstacle now....1st upside fib 1851/2. 5min bearish hidden div is present now and may stay a valid repeating pattern below 1827. 1hr below {image}

Ignored

5min bearish hidden div did kick in. Scalpy session so far.

5min below

Attached Image (click to enlarge)

Click to Enlarge

Name: screenshot.png
Size: 11 KB

Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.

Post #677,367
Quote
Aug 22, 2022 5:41am Aug 22, 2022 5:41am

MIKKI
| Joined Feb 2009 | Status: Member | 190 Posts

Quoting Houtbay

Disliked

So where is Gbpusd heading? Any ideas and why? What is the trend?

Ignored

Trend is down heading for 1477 next couple of weeks...don't get trapped on top

Post #677,368
Quote
Aug 22, 2022 5:42am Aug 22, 2022 5:42am

Yngwie
Joined Aug 2008 | Status: Member | 2,129 Posts

1730/60 area to buy

naked trader ~ GBPUSD only!

Post #677,369
Quote
Aug 22, 2022 5:46am Aug 22, 2022 5:46am

BrainBucks
| Joined Dec 2019 | Status: Member | 270 Posts

Quoting Yngwie

Disliked

1730/60 area to buy

Ignored

Not a bad zone to throw in a "naked" buy

Post #677,370
Quote
Aug 22, 2022 5:48am Aug 22, 2022 5:48am

Headland
Joined Apr 2020 | Status: trading | 5,077 Posts | Online Now

...been looking @ the fib extensions of the last wkly swing up 1759-2293

127.2% - 1611
138.2% - 1555
150% - 1490
161.8% - 1425

All fall in that prev mthly sw lo zone (= prev supp = pot supp,) that extends down to the 1410 multi-year 'covid' lo.
-----------------------

Upside fibs assuming 1782 lo holds, 1851/2, 1867, then a 3 fib cluster 1895-02

Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.

Post #677,371
Quote
Aug 22, 2022 6:00am Aug 22, 2022 6:00am

Theoak
Joined Apr 2019 | Status: Member | 5,492 Posts

For Queen and country

Long in at 1.1812 target 1o pips

Busted

Don't trade what you think. Just what you see!!!

Post #677,372
Quote
Aug 22, 2022 6:08am Aug 22, 2022 6:08am

Mitiblotch
Joined Sep 2017 | Status: Member | 7,263 Posts | Online Now

Quoting MIKKI

Disliked

{quote} Trend is down heading for 1477 next couple of weeks...don't get trapped on top

Ignored

What is next couple of weeks, if I may ask? Because it can also mean 2 months and by then it would hit 1.2000 and probably fall from there.

https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692

Post #677,373
Quote
Aug 22, 2022 6:11am Aug 22, 2022 6:11am

Mitiblotch
Joined Sep 2017 | Status: Member | 7,263 Posts | Online Now

For intraday traders (scalpers) don't get sucked in selling here. This must touch 1860 at least between today and tomorrow. Only sell if we achieve a ~~4hr~~ (daily) close below 1760.

https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692

Post #677,374
Quote
Aug 22, 2022 6:16am Aug 22, 2022 6:16am

Theoak
Joined Apr 2019 | Status: Member | 5,492 Posts

Quoting Theoak

Disliked

For Queen and country Long in at 1.1812 target 1o pips Busted

Ignored

Got taken out of this, but defo signs of the BULL. Might have a another go in a bit! For Queen and Country!!

Don't trade what you think. Just what you see!!!

Post #677,375
Quote
Edited 6:42am Aug 22, 2022 6:24am | Edited 6:42am

BeeTogether
Joined Oct 2020 | Status: Member | 5,963 Posts | Online Now

Roll on NYO maybe we’ll see a move up or down out of the current range

11820 needs to crack seems to be a big resistance area

Post #677,376
Quote
Aug 22, 2022 6:27am Aug 22, 2022 6:27am

boodvah
| Joined Jan 2021 | Status: PROLIFIC | 354 Posts

Quoting BeeTogether

Disliked

Roll on NYO maybe we’ll see a move up or down out of the current range

Ignored

Hoping we get a move both ways

be a thinker before being a reacter

Post #677,377
Quote
Aug 22, 2022 6:28am Aug 22, 2022 6:28am

boodvah
| Joined Jan 2021 | Status: PROLIFIC | 354 Posts

Also it’s Monday lol

be a thinker before being a reacter

Post #677,378
Quote
Aug 22, 2022 6:28am Aug 22, 2022 6:28am

Georginson
Joined Aug 2018 | Status: Veteran | 3,354 Posts | Online Now

Quoting Mitiblotch

Disliked

For intraday traders (scalpers) don't get sucked in selling here. This must touch 1860 at least between today and tomorrow. Only sell if we achieve a 4hr (daily) close below 1760.

Ignored

It's possible it drops to 1.1730 before 90 pips retracement which may still be limited to 1.1820 area...

1.1857 has a minor resistance ... So the temporary hurdles for bulls are 1.1837, 1.1857 and finally 1.1894.

Below 1.1837 exposes 1.1730 - 1.1667 between Monday and Tuesday.

Swing and Intraday