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Cable Update (GBPUSD)

  • #608,341
  • Jul 9, 2021 6:34am Jul 9, 2021 6:34am
It is already 69 pips bullish daily candle today.

I do not expect this to reverese and finish like bearish candle.

For ADR it is another 20 pips more.

Friday range is usually more.
Intraday only.
  • #608,342
  • Jul 9, 2021 6:37am Jul 9, 2021 6:37am
Today's candle is iceberg blue. So everything is possible. Be careful.
  • #608,343
  • Jul 9, 2021 6:37am Jul 9, 2021 6:37am
Quoting navk
{quote} 3805/00 to 3860 or more to me.
She will give a chance to the short positions to minimize the loss and then she will.... IMO
Did you place your stop loss order? Why not?!? Story of my life...
  • #608,344
  • Jul 9, 2021 6:40am Jul 9, 2021 6:40am
Hi All,

Below was my analysis it may be wrong

Unable to push down further so it was moving up I think it may be a trap to move down

if price break 1.38002 we can confirm down trend, it move very fast to break the current low

It's Friday trade safe.
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  • #608,345
  • Jul 9, 2021 6:40am Jul 9, 2021 6:40am
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  • #608,346
  • Jul 9, 2021 6:43am Jul 9, 2021 6:43am
GU


Will this level hold for bounce up ?.

Lets wait for Price Action to tell us otherwise.

Trade Safe, use your chart to decide the trade

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #608,347
  • Jul 9, 2021 6:44am Jul 9, 2021 6:44am
Quoting erap
{image}
love it man
  • #608,348
  • Jul 9, 2021 6:45am Jul 9, 2021 6:45am
Monday will be another Bank Holiday for UK ?

Anyone from UK here , please enlighten us.

Thanks

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #608,349
  • Jul 9, 2021 6:49am Jul 9, 2021 6:49am
Having to trust analysis when market is doing opposite
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  • #608,350
  • Jul 9, 2021 6:50am Jul 9, 2021 6:50am
Very nice bull movement, Now please go at least 3840 so I can have my sell limit. Or fly to the moon as you wish I got no issues
Try the simple and make it for you ~
  • #608,351
  • Edited 7:17am Jul 9, 2021 6:51am | Edited 7:17am
...price is just into the 4hr part of the prev 1hr/4hr sw lo then hi to 3841. It has a long wick on it. 4hr below.
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Trader with an Edge.
  • #608,352
  • Edited 7:19am Jul 9, 2021 6:53am | Edited 7:19am
Quoting Pat Chiko
Monday will be another Bank Holiday for UK ? Anyone from UK here , please enlighten us. Thanks {image}
Doubt it cause Italy are gonna win

Missed this long sadly. Had a clear signal for a long put my entry in but messed up the execution setting my stop to BE too quickly and missed the rocket. I was it as a channel breakout/double bottom with divergence on demand level. I think after I get 20 pips on my first trade I become ultra cautious possibly to my detriment sometimes

Thinking maybe I don't lock in until 1R has been reached give it a bit more breathing room
  • #608,353
  • Jul 9, 2021 6:55am Jul 9, 2021 6:55am
Quoting Pat Chiko
Monday will be another Bank Holiday for UK ? Anyone from UK here , please enlighten us. Thanks {image}
Don't worry we will win.

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  • #608,354
  • Jul 9, 2021 6:55am Jul 9, 2021 6:55am
Quoting dempire1
{quote} Sweet. I'm looking for sell confirmation at almost same area {image}
Don't think it's ready to drop yet. Another area to look for, if it prints a buy signal there I just might scalp it up to 1.3851
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How to succeed in zero sum game?
  • #608,355
  • Jul 9, 2021 6:57am Jul 9, 2021 6:57am
Quoting coyoteuglyxxx
{quote} She will give a chance to the short positions to minimize the loss and then she will.... IMO
I think she has no time for mercy already.., has she ( if she's going UP of course )

does it look like false break? (UP)
let's see

dolce vita
  • #608,356
  • Jul 9, 2021 7:01am Jul 9, 2021 7:01am
short positions have increased
&
long_____________decreased

from myfxbook

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dolce vita
  • #608,357
  • Jul 9, 2021 7:07am Jul 9, 2021 7:07am
Quoting Moty
you had your fun , MF , IT's time for you to die !!!!!! {image}
Got to be flexible Moty...
Daily Pivot was crossed, direction changed. Surprised you didn't switch over from short to long. Might still change, will see.

I closed 100+ pips in profit on several long positions (bought the dip). Spooky as this has exceeded my expectations, overall was an easy day, like the slow range trades.

This weekend -
Football finals (it's coming home?!?!)
and
G20 meeting to save the economy.

Good Friday all!
  • #608,358
  • Jul 9, 2021 7:08am Jul 9, 2021 7:08am
took short 1.3823
Trade with prediction = witch with her visions lol
  • #608,359
  • Jul 9, 2021 7:09am Jul 9, 2021 7:09am
Quoting babayaga
{quote} I think she has no time for mercy already.., has she ( if she's going UP of course ) does it look like false break? (UP) let's see
She will come back to test yesterday’s high around 1.3800-04 before London close and that’s it... then will resume north to the . I think.
Did you place your stop loss order? Why not?!? Story of my life...
  • #608,360
  • Jul 9, 2021 7:11am Jul 9, 2021 7:11am
Quoting mysterio
{quote} Doubt it cause Italy are gonna win
Something like this ?

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