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Cable Update (GBPUSD)

  • #609,941
  • Jul 16, 2021 3:14am Jul 16, 2021 3:14am
Quoting elbert3
{image} flip entry on the line stop on the bottom of the curve . Target 3825 if possible and if … if it moves up pp with it
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nice easy quick money took one profit 30 pp two others
  • #609,942
  • Jul 16, 2021 3:15am Jul 16, 2021 3:15am
Nice rejection off of that H4 demand base created on 8th/9th

DXY again tapping into weekly supply for what seems like the 6th time

That H4 candle though
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  • #609,943
  • Jul 16, 2021 3:17am Jul 16, 2021 3:17am
GU H4 Up date
Clear entry RN 1.38 and break of resistance.
Level to watch.

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  • #609,944
  • Jul 16, 2021 3:18am Jul 16, 2021 3:18am
Quoting mysterio
Nice rejection off of that H4 demand base created on 8th/9th DXY again tapping into weekly supply for what seems like the 6th time
yup playing a dangerous game for us traders lol. My take is until we hit that 3770-80 area there is a bounce back chance. Reason is those were initial resistance areas
Insane in the Brain..
  • #609,945
  • Jul 16, 2021 3:18am Jul 16, 2021 3:18am
Quoting mysterio
Nice rejection off of that H4 demand base created on 8th/9th DXY again tapping into weekly supply for what seems like the 6th time
Hi, yeh nice with wkly S1 and a 76.4% fib 3755-3910 confluence...also regular bullish div 15min/30min/1hr and a 15min bull engulf trigger then a 30min bullish hammer trigger with the body closing outside the 20 bol. 30min below.
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Trader with an Edge.
  • #609,946
  • Jul 16, 2021 3:20am Jul 16, 2021 3:20am
3862 was the false breakout candle on the tl, see last nights post with the box on
  • #609,947
  • Jul 16, 2021 3:21am Jul 16, 2021 3:21am
Reload at DPP SL 1.3855.
Lost....
  • #609,948
  • Jul 16, 2021 3:22am Jul 16, 2021 3:22am
Quoting Ihlas
Good luck {image}
IMHO Game over
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  • #609,949
  • Jul 16, 2021 3:23am Jul 16, 2021 3:23am
Ranging again 1.3880ish... ??

Trade with prediction = witch with her visions lol
  • #609,950
  • Jul 16, 2021 3:23am Jul 16, 2021 3:23am
Quoting W0lfram
No signals from Mr. Moonlander, so today I'll trade blindly. Unfinished auctions 1.3837, 1.3867-77, 1.3907 Stacking longs{image} edit: And bounced from 1st range bound with positive delta. USD news can ruin this setup{image}
No reaction, I think 1.3867-77 next
Uselessly I put sell-limit there, trying to scalp pullback
Air force
  • #609,951
  • Jul 16, 2021 3:24am Jul 16, 2021 3:24am
Quoting BeeTogether
{quote} yup playing a dangerous game for us traders lol. My take is until we hit that 3770-80 area there is a bounce back chance. Reason is those were initial resistance areas
It's a bloody wretch

Every so often I pretend I'm a swing trader on GU but only really know how to scalp

Basically means watching countless positions go heavily into profit then get stopped out and wake up to inevitable heartbreak and rebuying lower

This looks good though what a recovery from the bulls after taking out last nights low and tapping into last Friday's orders. A repeat of that would be great

This is where me and half a dozen others proclaim 1.41 before looking ridiculous in a couple hours time
  • #609,952
  • Jul 16, 2021 3:26am Jul 16, 2021 3:26am
The mf trapped me
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yes yes yes
  • #609,953
  • Jul 16, 2021 3:27am Jul 16, 2021 3:27am
... If cable didn't exist we'd have to invent it!
Trader with an Edge.
  • #609,954
  • Jul 16, 2021 3:27am Jul 16, 2021 3:27am
I'm planning to go short at 1.38500 to 1.38550 zone
  • #609,955
  • Jul 16, 2021 3:28am Jul 16, 2021 3:28am
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just took a short but added at 40 and two trades left at 400 pp from .3806 let’s see how far we can get it before another possible drop
  • #609,956
  • Jul 16, 2021 3:30am Jul 16, 2021 3:30am
Am seeing over 139 today let’s see. It could be cable just wanted to take out bearish trades targeting 137
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Insane in the Brain..
  • #609,957
  • Jul 16, 2021 3:30am Jul 16, 2021 3:30am
Quoting Headland
{quote} Hi, yeh nice with wkly S1 and a 76.4% fib 3755-3910 confluence...also regular bullish div 15min/30min/1hr and a 15min bull engulf trigger then a 30min bullish hammer trigger with the body closing outside the 20 bol. 30min below. {image}
This bull move should have attracted enough liquidity and buyers in the last 30 min. It must be time for the big boys to sell again around 13848. I’m still holding my shorts here.
Did you place your stop loss order? Why not?!? Story of my life...
  • #609,958
  • Jul 16, 2021 3:30am Jul 16, 2021 3:30am
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lucky can exit my sell @1.3800 , now thinking of reload @arrow area . still in thinking , if price show reject
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #609,959
  • Jul 16, 2021 3:30am Jul 16, 2021 3:30am
I could see last couple of 15 min chart the candle was too big bull back to down will be happen

bullback is short covering

I'm going to stick with my plan
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  • #609,960
  • Jul 16, 2021 3:32am Jul 16, 2021 3:32am
Why do people short this pair?
What levels and plans do you have to trade this pair?
1H chart
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