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Cable Update (GBPUSD)

  • #606,401
  • Jul 1, 2021 1:12pm Jul 1, 2021 1:12pm
Quoting Cateus
{quote} I'm with you mate. But please inform me once you reverse. don't let me stranded there alone.
Closed with -10 pips.
I should've closed it @1.3815 when I had the chance. But got greedy.
  • #606,402
  • Jul 1, 2021 1:15pm Jul 1, 2021 1:15pm
[quote=Pat Chiko; Any comment welcome for educational purposes. Thanks {image}[/quote]

please
do not be Sang Real, he's gone already
be yourself.., even if Sang Real is ...you

with all my respect

P.S. btw I would like to ask you "Scale", that you mentioned before.., is it indi or expert
thank you
dolce vita
  • #606,403
  • Jul 1, 2021 1:19pm Jul 1, 2021 1:19pm
Quoting Georginson
Bought at 1.3764 target 1.3800, stop 1.3725. I expect NFP result to be bad for USD tomorrow... TOMORROW range should be between 1.3730 - 1.3800, so 1.3800 tomorrow is imminent no matter what the data says.
ok George thats looking a bit risky ,
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #606,404
  • Edited 5:54pm Jul 1, 2021 1:21pm | Edited 5:54pm
Quoting Pat Chiko
{quote} 1.3750 possible for the final spike !
you was right
she's almost there

well done
dolce vita
  • #606,405
  • Jul 1, 2021 1:25pm Jul 1, 2021 1:25pm
Quoting Georginson
Bought at 1.3764 target 1.3800, stop 1.3725. I expect NFP result to be bad for USD tomorrow... TOMORROW range should be between 1.3730 - 1.3800, so 1.3800 tomorrow is imminent no matter what the data says.
please refer to my actual chart already posted and note the green arrow is below your stop ,
then consider the weekly and monthly just broke ,your target being higher than that break ,
the daily ,weekly and monthly have bearish candles on right now
add it all up then
let us know why the data will be bear in your opinion ,.
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #606,406
  • Jul 1, 2021 1:28pm Jul 1, 2021 1:28pm
Quoting Bones
{quote} please refer to my actual chart already posted and note the green arrow is below your stop , then consider the weekly and monthly just broke ,your target being higher than that break , the daily ,weekly and monthly have bearish candles on right now add it all up then let us know why the data will be bear in your opinion ,. {image}

weekly is now in line with monthly ..it is brave to think buy
I think this thing can go quite deep
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  • #606,407
  • Jul 1, 2021 1:29pm Jul 1, 2021 1:29pm
Don’t predict, just go with the trend.
Not a new strategy but a good one.
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  • #606,408
  • Jul 1, 2021 1:29pm Jul 1, 2021 1:29pm
Quoting babayaga
{quote} please do not be Sang Real, he's gone already be yourself.., even if Sang Real is ...you with all my respect P.S. btw I would like to ask you "Scale", that you mentioned before.., is it indi or expert thank you
Here you go

enjoy it and make a lot of pips

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #606,409
  • Jul 1, 2021 1:37pm Jul 1, 2021 1:37pm
Quoting Pat Chiko
{quote} Here you go enjoy it and make a lot of pips {file}
thank you
is it indicator or expert

thank you again
dolce vita
  • #606,410
  • Jul 1, 2021 1:37pm Jul 1, 2021 1:37pm
if cable drag further then will average my buying near 1.37 level..that is a good support... upside will target for 1.39 ... let see how it goes
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  • #606,411
  • Jul 1, 2021 1:41pm Jul 1, 2021 1:41pm
Quoting nAVIN2007
{quote} weekly is now in line with monthly ..it is brave to think buy I think this thing can go quite deep {image}
OMG WELCOME BACK NAV how are you mate , been a long time Regards E
  • #606,412
  • Jul 1, 2021 1:41pm Jul 1, 2021 1:41pm
Quoting axyz39186
if cable drag further then will average my buying near 1.37 level..that is a good support... upside will target for 1.39 ... let see how it goes {image}
Totally agree. It is oversold already. Buy will kick in surely. 1.41 still in play for me and more
  • #606,413
  • Jul 1, 2021 1:48pm Jul 1, 2021 1:48pm
There's nothing like oversold or overbought.
Know that and know peace.
Patience.....
  • #606,414
  • Jul 1, 2021 1:49pm Jul 1, 2021 1:49pm
Quoting Nd10
{quote} Totally agree. It is oversold already. Buy will kick in surely. 1.41 still in play for me and more
It’s not oversold
  • #606,415
  • Jul 1, 2021 1:50pm Jul 1, 2021 1:50pm
Quoting Nd10
{quote} Totally agree. It is oversold already. Buy will kick in surely. 1.41 still in play for me and more
yes need to have some correction before going for another down impulse
  • #606,416
  • Jul 1, 2021 1:51pm Jul 1, 2021 1:51pm
Quoting elbert3
{quote} OMG WELCOME BACK NAV how are you mate , been a long time Regards E

Im good bro, took some time out and this game has drawn me back in
Life is good bro, married and happy, cannot ask for more. How are u? Nice to see u still here
  • #606,417
  • Jul 1, 2021 1:52pm Jul 1, 2021 1:52pm
Quoting Bones
{quote} please refer to my actual chart already posted and note the green arrow is below your stop , then consider the weekly and monthly just broke ,your target being higher than that break , the daily ,weekly and monthly have bearish candles on right now add it all up then let us know why the data will be bear in your opinion ,. {image}
Hi Bones, it's been a while. Nice chat you have got there, it actually rhymes with the 1.3720 area I marked out days back.

I have adjusted my trade pattern to scalp and intraday to align with the swing direction I anticipate with various confirmation from price action. There has been 30 - 50 pips bounce anytime it makes a new low and I see another 30 - 50 pips bounce due from 1.3750 area to 1.3800 area before fall resumption.

Weekly distance also stands at 186 pips so far (1.3939 - 1.3755) which means that 80% of the bearish move is already completed to the downside.

As regards the NFP data, the forecast is relatively high as 725k job is expected to be added, should the result match such figure, then price will only make 20 pips drop before inevitable bounce for mini correction, while any reading below it will give a perfect opportunity for bulls to move the price away from oversold area in the short term to 1.3820 area (max).

Monthly has clearly shown it's bearish and mini bounces cannot be ruled out as we saw last week after price bounced from 1.3786 to 1.4001 last week. Sorry for too much typing explanations, do indulge me.
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  • #606,418
  • Jul 1, 2021 1:53pm Jul 1, 2021 1:53pm
Quoting babayaga
{quote} thank you is it indicator or expert thank you again

It's Indy.

In the selection.

ACTIVE : False

so your chart will not be crowded with S&D lines.

I don't use the SND line. I drew manual
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #606,419
  • Jul 1, 2021 1:54pm Jul 1, 2021 1:54pm
Quoting Nd10
{quote} Totally agree. It is oversold already. Buy will kick in surely. 1.41 still in play for me and more

it will be tough but I guess tomorrows report could do this but I doubt it
  • #606,420
  • Jul 1, 2021 2:12pm Jul 1, 2021 2:12pm
Quoting nAVIN2007
{quote} Im good bro, took some time out and this game has drawn me back in Life is good bro, married and happy, cannot ask for more. How are u? Nice to see u still here
Glad to hear that I was speaking of you some weeks ago and how much of a hard time you had . I hope things go well for you now mate I have had some health problems lol but still alive to tell the tails of life .. good luck and trade safe and let see how we go . Regards
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