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Cable Update (GBPUSD)

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  • Post #543,061
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  • Aug 18, 2020 8:20am Aug 18, 2020 8:20am
  •  martinez1
  • Joined Aug 2011 | Status: Member | 634 Posts
Quoting Moty
Disliked
all out !!!! a wonderfull day {image}
Ignored
Moty can you share this tools and indicator? Thank you
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
 
 
  • Post #543,062
  • Quote
  • Aug 18, 2020 8:21am Aug 18, 2020 8:21am
  •  trumps
  • Joined Mar 2020 | Status: Member | 2,439 Posts
Trading against the herd is usually a great idea
https://www.forexfactory.com/trades#...ions-details=1
Good Vibes - In charts we trust
Pulchra All Time Return: -88.4%
 
 
  • Post #543,063
  • Quote
  • Aug 18, 2020 8:21am Aug 18, 2020 8:21am
  •  navk
  • Joined Oct 2010 | Status: Trader | 15,493 Posts
Quoting trumps
Disliked
I wouldn't be selling into this pattern and major trend line break. Not for too many pips anyway. Looks to me like the low of 1.30051 is set. {image} {image}
Ignored
yes
Intraday only.
 
 
  • Post #543,064
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  • Aug 18, 2020 8:24am Aug 18, 2020 8:24am
  •  shahab8b
  • Joined Jul 2009 | Status: The Alchemist | 8,917 Posts
Quoting ricmaj
Disliked
{quote} i prefer to place my focal point on the top resistance. the Bottom might still look like a mirage.
Ignored
That's why you shouldn't do that
 
 
  • Post #543,065
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  • Aug 18, 2020 8:24am Aug 18, 2020 8:24am
  •  vowan4ik
  • Joined Jun 2019 | Status: Member | 1,204 Posts
Quoting vowan4ik
Disliked
need more up movement) {image}
Ignored
moved sl at BE
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Like your wife says, hold the fucking position until I tell you I'm done.
 
3
  • Post #543,066
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  • Aug 18, 2020 8:28am Aug 18, 2020 8:28am
  •  Moty
  • Joined Dec 2017 | Status: Member | 21,610 Posts
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Size: 37 KB
 
 
  • Post #543,067
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  • Aug 18, 2020 8:30am Aug 18, 2020 8:30am
  •  navk
  • Joined Oct 2010 | Status: Trader | 15,493 Posts
R4 is tested today.

To me it should back off.

Let us see
Intraday only.
 
 
  • Post #543,068
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  • Aug 18, 2020 8:33am Aug 18, 2020 8:33am
  •  knkie
  • Joined Apr 2012 | Status: Member | 5,855 Posts
Quoting knkie
Disliked
{quote} i will target 3192 initially for 24 pips but if it is a powerful move i will target 3205 for 37 pips to hunt the stops up there
Ignored
exit + 25 pips

i think price is still going to go up further
most likely hunting the 3205 stops
in wondering about yourself, you forgot what you came here to be part of
 
1
  • Post #543,069
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  • Aug 18, 2020 8:33am Aug 18, 2020 8:33am
  •  Georginson
  • Joined Aug 2018 | Status: Veteran | 3,349 Posts
The final 1.3200 attraction bulls have desperately been looking for, so an interrupted fall to follow in my view. As stated earlier 1 hour of more pain to bears.
Swing and Intraday
 
 
  • Post #543,070
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  • Aug 18, 2020 8:33am Aug 18, 2020 8:33am
  •  LeongPuiy
  • Joined Sep 2018 | Status: Member | 8,969 Posts
Quoting Moty
Disliked
{image}{image}
Ignored
3210 a gap there
break this gap, more high to 3250/3330.
it possible pullback from the gap but dxy already break S, accept the dxy weakness mate
Training.
 
 
  • Post #543,071
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  • Aug 18, 2020 8:40am Aug 18, 2020 8:40am
  •  Siame
  • | Joined Feb 2019 | Status: Member | 309 Posts
Quoting knkie
Disliked
exit + 25 pips i think price is still going to go up further most likely hunting the 3205 stops
Ignored
Nicely done

Expecting that raid of stops before a retracement.
 
1
  • Post #543,072
  • Quote
  • Aug 18, 2020 8:50am Aug 18, 2020 8:50am
  •  MondumaFx
  • | Joined Jul 2011 | Status: Member | 116 Posts
I was about explaining the range would be 1.318 - 1.3158 for a moment, because I expected a consolidation there, but now it's invalid. That's better than expected.
1.32 doesn't look solid as stop.
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Let the market decide
 
1
  • Post #543,073
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  • Aug 18, 2020 8:51am Aug 18, 2020 8:51am
  •  Roszey
  • Joined Nov 2013 | Status: Busy | 1,396 Posts
Your stop loss is my entry...
Le$$ I$ More
 
2
  • Post #543,074
  • Quote
  • Aug 18, 2020 9:01am Aug 18, 2020 9:01am
  •  Whale
  • Joined Jun 2013 | Status: Underwater | 8,485 Posts
Quoting navk
Disliked
R4 is tested today. To me it should back off. Let us see
Ignored
it looks like your student has lost direction.
yesterday was a day in the range of 50 pips from high to low so he saw some money, like all traders yesterday, market was kind.
and there i saw even SL , talk about 4/5 winners via the strategy. there was applause to him,
And today .... -90 pips.
And the search continues for everything possible retrace that not show.
There are things that never change, i think 2PAC said it.
HELP, S.O.S!
Insolvent
 
 
  • Post #543,075
  • Quote
  • Aug 18, 2020 9:03am Aug 18, 2020 9:03am
  •  JayBag
  • Joined May 2016 | Status: Clueless | 6,418 Posts
Quoting JayBag
Disliked
{quote} I agree we are facing a solid Bullish wave and I can't do or say otherwise. IF this is the BO to ride higher without testing last week's LOW, then TODAY candle MUST close convincingly above 1.3118. But IF we close below 1.3118 today, then there's high chance of last week's LOW retest. Note: For anyone who's lazy to read only the 'MUST' please acknowledge the big 'IF' Pretty simple idea. StaySafe
Ignored
Well, I know anything can happen in the market, but no ways bears getting a piece off this pie.. The lowest I think retrace can reach is 1.3118..

Let the bulls gather for a quick selfie and beer..
SS
 
 
  • Post #543,076
  • Quote
  • Aug 18, 2020 9:03am Aug 18, 2020 9:03am
  •  Moty
  • Joined Dec 2017 | Status: Member | 21,610 Posts
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  • Post #543,077
  • Quote
  • Aug 18, 2020 9:05am Aug 18, 2020 9:05am
  •  Georginson
  • Joined Aug 2018 | Status: Veteran | 3,349 Posts
Quoting Georginson
Disliked
Short 1.3163 target 1.3093... stop 1.3205 For me only.
Ignored
Since 1.3200 finally seen. Changed target to swing 1.3000 level, stop also modified to 1.3237. this week is the duration for closure.

For me only
Swing and Intraday
 
 
  • Post #543,078
  • Quote
  • Aug 18, 2020 9:05am Aug 18, 2020 9:05am
  •  OxyGen_FX
  • | Joined Aug 2012 | Status: Member | 524 Posts
Wow Congrats to those who short the Dollar!
Major moves for Majors! New highs!
I had thought today gonna be a slow day, hence decided to do household errands.....
 
1
  • Post #543,079
  • Quote
  • Aug 18, 2020 9:05am Aug 18, 2020 9:05am
  •  Yngwie
  • Joined Aug 2008 | Status: Member | 2,115 Posts
I think going to retrace now
naked trader ~ GBPUSD only!
 
 
  • Post #543,080
  • Quote
  • Aug 18, 2020 9:06am Aug 18, 2020 9:06am
  •  Alorente
  • Joined Aug 2011 | Status: Member | 4,587 Posts
Reversal imminent in the next few hours... Going back to 1,3000 in my view.
Observation is the path to discovery.
 
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