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Cable Update (GBPUSD)

  • #610,421
  • Jul 19, 2021 2:43am Jul 19, 2021 2:43am
Quoting KiwiTrada
{quote} cable bears held by bulls previous daily low 1 3715,..... for now
next support of interest 1 3667 weekly and monthly 1 3691 daily pa now 1 3113
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  • #610,422
  • Jul 19, 2021 2:44am Jul 19, 2021 2:44am
Quoting iqyu5an
{quote} hodl loonie since 22xy targetting 3000 ( already set SL for 200 pips ) but gonna see reaction on 2700 first
#2700 .. done
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not euphoria follower
  • #610,423
  • Jul 19, 2021 2:45am Jul 19, 2021 2:45am
Christ !. Missed 100 Pips. Looking for buy's now. ( 1M-5M TF) Good luck to those who have got all the juice out of the move.
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Fools Rushing
  • #610,424
  • Jul 19, 2021 2:49am Jul 19, 2021 2:49am
Quoting Georginson
Bought 1.3720, target 1.3790, stop 1.3670.
im bought but my SL in 1.3700 , dont wanna risk much than it . target 1.38100 area , imo if we lucky enough today ping pong will doer in 1.38000 - 1.37000 area
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #610,425
  • Jul 19, 2021 2:50am Jul 19, 2021 2:50am
Quoting mysterio
{quote} There is a lot of chat in the news about the NHS test and trace app. Basically it's notifying half a million people a day to self isolate and everything is grinding to a halt, infrastructure/businesses etc. Bit of a major fk up. Not sure if it's driving the price at all. Kind of the last chance saloon for bulls around here :/ We're still in H4 demand on GU and weekly supply on the DXY so I'm open to it being a fakeout/spring but not committing to any positions. Was primed for a breakout long on 1.3740 but it didn't transpire (obviously)
Any indications for a long entry now?
  • #610,426
  • Jul 19, 2021 2:51am Jul 19, 2021 2:51am
Quoting KiwiTrada
cable has entered a cluster of previous daily lows, markers 1 3754 1 3740 battle zone 1 3730 depending on timeframe trading r/r is long from either, bears holding trades should look to micro manage and wait to see when if pa 1 3730 plays out nowhere to enter short around here, patience required better options elsewhere, yen has started week with a bang gj uj looking interesting gj if 151 252 holds could give a nice short uj missed optimum entry 110 09 todays / weeks open perhaps a retest of 110 00 might open a door with 110 09 + security for sl??...
both yen short trades uj gj doing fine, yen spanking usd & gbp dix popped sadly show stirling weakness, how many bulls starting to feel the heat im thinking
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  • #610,427
  • Edited 3:19am Jul 19, 2021 2:55am | Edited 3:19am
Quoting IBabyTrader
{quote} Any indications for a long entry now?
It is a structure level with the lows created at the beginning of April

I don't have the setup for a long though too much of a gamble for me, I need to see some change in momentum for long

Just sitting on my hands until something I like pops up, I'd rather have one solid trade than have to play catch up. Like some others say it could be a breakout in progress I'd rather not take the risk

Seems to be a risk off tone in the markets with equities selling off pushing the dollar up. We also have the OPEC news pushing DXY up
  • #610,428
  • Jul 19, 2021 2:56am Jul 19, 2021 2:56am
at momment i will just be watching outside. i will just trade on this pair again if it pass all my checklist trading
  • #610,429
  • Jul 19, 2021 2:57am Jul 19, 2021 2:57am
W need to get above1.37312
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yes yes yes
  • #610,430
  • Jul 19, 2021 2:59am Jul 19, 2021 2:59am
I dont know why everyone is trying to Buy GBPUSD , it has just broke the 4hr support with strong spartan bearish candle think about that , i may be wrong
  • #610,431
  • Jul 19, 2021 3:02am Jul 19, 2021 3:02am
still remember on brexit - gu went completely YOYO
  • #610,432
  • Jul 19, 2021 3:03am Jul 19, 2021 3:03am
Quoting AlfieSolomon
I dont know why everyone is trying to Buy GBPUSD , it has just broke the 4hr support with strong spartan bearish candle think about that , i may be wrong
Think you answered your own question there
  • #610,433
  • Jul 19, 2021 3:03am Jul 19, 2021 3:03am
How about 1.37460 as TP?

@pat am i on the right track?
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#Stay blue. /swinger/scalper/
  • #610,434
  • Jul 19, 2021 3:12am Jul 19, 2021 3:12am
Quoting iqyu5an
{quote} hodl loonie since 22xy targetting 3000 ( already set SL for 200 pips ) but gonna see reaction on 2700 first
nice 22?? I have lower entries, but they cost me hunting for 3 weeks soild ping fukn pong, but rewards have exceeded expectations your 2700 testing now is reasonable resistance being psych level as well if she can get through 3736 - 3750 on the cards, will see soon
If you are new to Forex? Say Goodbye to your account!!
  • #610,435
  • Jul 19, 2021 3:14am Jul 19, 2021 3:14am
It seems Big boys still want take out 36700/50
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Fools Rushing
  • #610,436
  • Jul 19, 2021 3:16am Jul 19, 2021 3:16am
shark effect from the last week, he is always the winner

--- mouse to the ground
Daddy, Brother, Lover, Little Boy
  • #610,437
  • Jul 19, 2021 3:19am Jul 19, 2021 3:19am
Quoting KiwiTrada
focus is on US$ dix has been grinding resistance for 8 days now, she is getting very compressed, norm would be to short with good protection for sl, but I am wary of her popping north, violently, I like violence / volatility, so shorts beware :-) top of range is 9284, if it goes it wont be pretty for some pa now 9270
wasnt pretty for bears awesome for bulls, fresh air above, next psych 93 000 previous daily high 91 105 looking good :-)
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  • #610,438
  • Jul 19, 2021 3:19am Jul 19, 2021 3:19am
Morning Gang,

Hope we had a great weekend, I did.

Interesting times ahead. 1.37146 reached and taking some off the table. Now waiting for it to become a RES, then promise lands becomes even closer.
Let's have a productive week gang

Keep safe and be KIND
  • #610,439
  • Jul 19, 2021 3:20am Jul 19, 2021 3:20am
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  • #610,440
  • Jul 19, 2021 3:21am Jul 19, 2021 3:21am
Quoting Ehminiz
How about 1.37460 as TP? @pat am i on the right track? {image}
Who you wan please?

JK bro. However, try add some care sha.
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