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Cable Update (GBPUSD)

  • #609,261
  • Jul 14, 2021 1:56am Jul 14, 2021 1:56am
Quoting Wavegarrick
{quote} Hi Guys, Short trade added at 1.385000 confluence of my weekly pivot and Mid round number. Stop loss 25 pips. 50% Fib retrace at 1.38523. To be honest, if price smashes above here we could be in for a short-term bullish spell. Trade safe Cheers.
to say the true..,
I think "she smashes above"

look, please if 1.3850th will survive as a resistance..,
if no, you better BUY, could be up till 1.3980

P.S. from the other hand I do see possibility for 1.3680.., but it has to be "waterfall"

dolce vita
  • #609,262
  • Jul 14, 2021 1:59am Jul 14, 2021 1:59am
coffee break
dolce vita
  • #609,263
  • Jul 14, 2021 2:03am Jul 14, 2021 2:03am
perhaps we have a choppy day, but we may see 1.37600 today or tomorrow
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  • #609,264
  • Jul 14, 2021 2:05am Jul 14, 2021 2:05am
Quoting babayaga
{quote} to say the true.., I think "she smashes above" look, please if 1.3850th will survive as a resistance.., if no, you better BUY, could be up till 1.3980 P.S. from the other hand I do see possibility for 1.3680.., but it has to be "waterfall"
Hi Babayaga,
We will have to see how it unfolds. Still way too soon for me to make bullish assumptions. I need to have certain things lining up before I go long. On the other hand, we still have daily lower lows and lower highs for the week. It is still bearish and unless this changes I remain short. A daily close above 1.38500 could be the start of changes.
Cheers.
Trade to trade another day
  • #609,265
  • Jul 14, 2021 2:11am Jul 14, 2021 2:11am
sold
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  • #609,266
  • Jul 14, 2021 2:12am Jul 14, 2021 2:12am
Resistance held let's see if we can get a sell entry
  • #609,267
  • Jul 14, 2021 2:12am Jul 14, 2021 2:12am
tp is 1.38613
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yes yes yes
  • #609,268
  • Jul 14, 2021 2:13am Jul 14, 2021 2:13am
Quoting gatenio
sold {image}
sold hard
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #609,269
  • Jul 14, 2021 2:15am Jul 14, 2021 2:15am
Quoting Wavegarrick
{quote} Hi Babayaga, We will have to see how it unfolds. Still way too soon for me to make bullish assumptions. I need to have certain things lining up before I go long. On the other hand, we still have daily lower lows and lower highs for the week. It is still bearish and unless this changes I remain short. A daily close above 1.38500 could be the start of changes. Cheers.
only one thing I'd like to add
before LO she came already to Demark's R1 (almost)

think about it
or now she'll make all the way down to1.3750th (Demark's daily S1) and lower

or

day could be interesting
let's earn something..,
dolce vita
  • #609,270
  • Jul 14, 2021 2:15am Jul 14, 2021 2:15am
Buy Limit 1.3832
SL 20 pips
TP open
  • #609,271
  • Jul 14, 2021 2:16am Jul 14, 2021 2:16am
Quoting elbert3
{quote} lol just do what your trading style suits , 3857 is some resistance but i dont think strong lets see
right
let's see
dolce vita
  • #609,272
  • Jul 14, 2021 2:17am Jul 14, 2021 2:17am
...nice bounce off that 50% in that prev 1hr sw hi zone....1hr below. 5min bullish hidden div present as long as stays above 3815, weak 30min uptrend/range, and 1hr last few fractal prints from current dly lo have been L, H, HL,and what will be a HH. This would oppose the 1hr bearish hidden div referred to earlier. Take your pick lol!
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Trader with an Edge.
  • #609,273
  • Jul 14, 2021 2:18am Jul 14, 2021 2:18am
sneeeky buy at 3835 ,,5 pip stop and short at the same time
  • #609,274
  • Jul 14, 2021 2:18am Jul 14, 2021 2:18am
Quoting Moty
tp is 1.38613 {image}
no, if she won't pass 1.3857

dolce vita
  • #609,275
  • Jul 14, 2021 2:29am Jul 14, 2021 2:29am
Quoting Headland
...nice bounce off that 50% in that prev 1hr sw hi zone....1hr below. 5min bullish hidden div present as long as stays above 3815, weak 30min uptrend/range, and 1hr last few fractal prints from current dly lo have been L, H, HL,and what will be a HH. This would oppose the 1hr bearish hidden div referred to earlier. Take your pick lol! {image}
I have daily bullish hidden div.

conflict of interest
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dolce vita
  • #609,276
  • Jul 14, 2021 2:30am Jul 14, 2021 2:30am
Just buy till tomorrow. Good luck. 1.39500
  • #609,277
  • Jul 14, 2021 2:31am Jul 14, 2021 2:31am
Quoting Mr.Burger
{quote} here's my journey CPI kicked me out for a while, then.. if the price returns back to 3800 and passes it, I will close all my orders on the cable {image}
the storm is really complex careful guys
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Daddy, Brother, Lover, Little Boy
  • #609,278
  • Jul 14, 2021 2:36am Jul 14, 2021 2:36am
Quoting Pat Chiko
{quote} GU Scalping progress Love trading PA, SNR. The supply demand insight is very interesting. Looks to me like there is an interesting supply zone to be tagged soon. Headfake central on the 4hr plus time frames on all but the largest zones? The M30-H1 TF seem to provide much easier and consistent respect of the levels? Riding this chart up buying pullbacks intra-day. Looks like we have a lot of weak shorts and profit takers to shake out while real money gets on board before the real turn comes. Trade Safe & Have a great day guy. PAT {image}

GU

Second attempt to reach target.
Price is pushing hard thru London
Hope to see it thru.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #609,279
  • Jul 14, 2021 2:38am Jul 14, 2021 2:38am
New tp ( I'm greedy i know ) 1.38750
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yes yes yes
  • #609,280
  • Edited 2:51am Jul 14, 2021 2:40am | Edited 2:51am
Quoting babayaga
{quote} I have daily bullish hidden div. conflict of interest {image}
lol...yeh,...it can happen like that sometimes....but I'm not seeing bullish hidden div on your dly chart although I do see bullish regular div @ 3731 on it. In both cases I referred to there is barely a next t/f trend to enter after a pullback in the respective t/f combo's. Arguably the 5min bullish hidden div in that respect was better. As for the 1hr bearish hidden div - the 4hr is really ranging not trending down so not optimum. That's the advantage though of being on the 1min/3min/5min whichever is the lowest t/f trigger - you can get in early and can be nimble/responsive to PA and chart conditions, with very small stops.
Trader with an Edge.
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