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Cable Update (GBPUSD)

  • #543,981
  • Aug 21, 2020 8:57am Aug 21, 2020 8:57am
up 13 pips stops at BE+1
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #543,982
  • Aug 21, 2020 8:58am Aug 21, 2020 8:58am
Quoting Bacco
To whom is interested in fundamentals as well here is the last news regarding Brexit: https://www.euronews.com/2020/08/21/...f-negotiations
Fundamentals is where it all starts ....
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #543,983
  • Aug 21, 2020 9:00am Aug 21, 2020 9:00am
Buy at 1.30750, targeting the M5 26 ema at 1.31035
  • #543,984
  • Aug 21, 2020 9:08am Aug 21, 2020 9:08am
That sneaky long was just because it hit a key level-there was going to be liquidity there
Fundamentally though....news not great on Cable, its going into the weekend, the Fed were more hawkish than expected
This morning just gave them a nice price to trade from
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #543,985
  • Aug 21, 2020 9:09am Aug 21, 2020 9:09am
Going long from 1.30760 here. Anyone else?
WorldCurrencyBetters
  • #543,986
  • Aug 21, 2020 9:23am Aug 21, 2020 9:23am
Quoting WCBgods
Going long from 1.30760 here. Anyone else?
yes , short 1.3253 and now long 1.3069
Make money by doing the opposite of Giveachance aka loser
  • #543,987
  • Aug 21, 2020 9:24am Aug 21, 2020 9:24am
have a good weekend all
  • #543,988
  • Aug 21, 2020 9:30am Aug 21, 2020 9:30am
Quoting Swoop9
Buy at 1.30750, targeting the M5 26 ema at 1.31035
Got it, hit the target! Onto the next trade.
  • #543,989
  • Aug 21, 2020 9:30am Aug 21, 2020 9:30am
Quoting nessus94
{quote} yes , short 1.3253 and now long 1.3069
it's very cool price)
the lowest price from my broker 1.30684
your broker have a lower price than my or you trade without spread?
Like your wife says, hold the fucking position until I tell you I'm done.
  • #543,990
  • Aug 21, 2020 9:31am Aug 21, 2020 9:31am
longs taken and closed.

Do not want to take chance on a Friday.

Peace of mind is needed.

Attached Image (click to enlarge)
Click to Enlarge Name: OctaFX.png Size: 64 KB
Intraday only.
  • #543,991
  • Aug 21, 2020 9:34am Aug 21, 2020 9:34am
Quoting vowan4ik
{quote} it's very cool price) the lowest price from my broker 1.30684 your broker have a lower price than my or you trade without spread?
most brokers have spread lower than 0.5 pips for euro and gbp
ic market have zero spread for example
Make money by doing the opposite of Giveachance aka loser
  • #543,992
  • Aug 21, 2020 9:36am Aug 21, 2020 9:36am
Quoting nessus94
{quote} most brokers have spread lower than 0.5 pips for euro and gbp ic market have zero spread for example
your broker is ic market?
my Alpari
Like your wife says, hold the fucking position until I tell you I'm done.
  • #543,993
  • Aug 21, 2020 9:51am Aug 21, 2020 9:51am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20200821-162337.png Size: 267 KB
•for me the trend hasn't changed yet until we break my blue MA.

•but for now the market is bearish and am expecting the market to visit the red MA for more sell and tp is at the blue MA.

# my thoughts_ trade safe
BARAK
  • #543,994
  • Aug 21, 2020 10:01am Aug 21, 2020 10:01am
This chart is saying there are no buyers above that level
the monthly has got a massive bullish candle but it's overall range ,it has a long wicked no name candle at the bottom and that matters
If daily breaks all those shooting for higher were wrong.
That pa on d1 is through the monthly high
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD-4-hours.png Size: 20 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #543,995
  • Aug 21, 2020 10:11am Aug 21, 2020 10:11am
Quoting vowan4ik
{quote} your broker is ic market? my Alpari
How much is the commission per lot?
Twitter: Rummer_grapes
  • #543,996
  • Aug 21, 2020 10:11am Aug 21, 2020 10:11am
hours chart 1st bull wake to fight ( if reach to 1.303 bear the winner winner chicken dinner for sure )
  • #543,997
  • Aug 21, 2020 10:16am Aug 21, 2020 10:16am
I think the monthly candle can still end up quite bullish. After we drop to 1.2860, by Wednesday or Thursday we should take off higher for hundreds of pips (with me on board...)
Observation is the path to discovery.
  • #543,998
  • Aug 21, 2020 10:16am Aug 21, 2020 10:16am
Quoting Bones
This chart is saying there are no buyers above that level the monthly has got a massive bullish candle but it's overall range ,it has a long wicked no name candle at the bottom and that matters If daily breaks all those shooting for higher were wrong. That pa on d1 is through the monthly high {image}
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20200821-171244.png Size: 204 KB
i see.
•but only time will tell
BARAK
  • #543,999
  • Aug 21, 2020 10:21am Aug 21, 2020 10:21am
Quoting shahab8b
{quote} GU, I'll be interested to go long if it gets close to 1.30, for now going with this wave count {image}
TP hit...
Le$$ I$ More
  • #544,000
  • Aug 21, 2020 10:27am Aug 21, 2020 10:27am
day has not closed yet)
Like your wife says, hold the fucking position until I tell you I'm done.
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