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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

FPA NFP technical analysis: GBP keeps potential chances on downside continuation, especially if NFP will be in a row or above expectations

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Quoting coolmakina
{quote} so did i. i bought ay 1.3804, price went up 20pips, i placed SL at be+1. thought it was set for nice up run, went out for cigarettes and SL has hit. no harm done. miss LO while sleeping, made 2 entries countertrend, 2 times SL was hit. 2 pips profit LOL, better than a loss. waiting to go long if 123 sets. stay cool
123? Not familiar with that. Are you expecting a double bottom/W type arrangement on 1.38? I'm betting on the pullback being over and breaking 1.38 next

It threatened to break but I think this channel will hold on dxy based on bullish treasury yields. I'll lock in at BE for NFP, if it takes me out then observe and possibly sell higher
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I think cable & EUR might go up next week considering dollar is reaching a certain level. Have posted an analysis on trading view. Thanks. TRADING VIEW - TFSC.
Back for NFP. Current dly lo 3787, price challenging the steepest 1hr desc t/line @ the current pullback hi - in the prev 4hr/dly sw lo zone = prev supp=pot sbr that started @ 3829 and goes to circa 3851 on 4hr. 1hr below.
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Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
re NFP, which one are you going to be? G/L all.
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Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
is this a genuine bo kiwi daily ??? will know in 3 minutes
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If you are new to Forex? Say Goodbye to your account!!
Quoting mysterio
{quote} 123? Not familiar with that. Are you expecting a double bottom/W type arrangement on 1.38? I'm betting on the pullback being over and breaking 1.38 next It threatened to break but I think this channel will hold on dxy based on bullish treasury yields. I'll lock in at BE for NFP, if it takes me out then observe and possibly sell higher {image}
YES!
Quoting greengp
I am expecting price to touch 1.37780
JUST AROUND DONE
Quoting ChiForex
{quote} Price missed my Tp again by some pips Anyways, I'm moving my Trailing stop to 1.3860 this time and lowering my Tp to 1.3750-60s
Trailing stop 1.3830
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
crooks hunting stops
goldi with double bottom
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What a miserable fakeout
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Quoting greengp
{quote} JUST AROUND DONE
nice !!

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Some momentum on knee-jerk reaction then found demand in that prev 4hr/dly sw lo that extends down to 3775 = prev supp = pot supp.....4hr below.
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Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
If yesterday is anything to go by it seems GU picking up a few pips before a throw down again!
..descending / falling wedge on 1hr? below
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Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
Quoting Amin1422
What a miserable fakeout {image}
Just hunting stop loss, the market should fall big
Quoting Headland
..descending / falling wedge on 1hr? below {image}
Falling wedge, possible bullish reversal outcome
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If 1.37780 go away it could be 1.37290
Quoting Amin1422
{quote} Falling wedge, possible bullish reversal outcome
Well anything can happen of course. There is bullish regular divergence on 15min/30min oscillators @ the current dly lo so who knows ?...just gotta play the set-ups and that was a buy @ support as it hit that zone to 3775 and very low t/fs began to react 1min+. It's in the context of a heavily bearish day so far! Never forget the context!
Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
GU

Demand Zone + SRF + NFP = Spike Lee.



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Quoting RedCable
{quote} Just hunting stop loss, the market should fall big
A stop loss is just an order and 80%of retail place there stop at the same area, it becomes a huge order , it has to be filled.
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