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Cable Update (GBPUSD)

  • #610,441
  • Jul 19, 2021 3:24am Jul 19, 2021 3:24am
Quoting Moty
W need to get above1.37312 {image}
Not only 3731 bro we need 1.38
  • #610,442
  • Jul 19, 2021 3:25am Jul 19, 2021 3:25am
Quoting JayBag
{quote} Who you wan please? JK bro. However, try add some care sha.

Yeah boss.


Trading with care.

Already closed it with 20 pips
#Stay blue. /swinger/scalper/
  • #610,443
  • Jul 19, 2021 3:25am Jul 19, 2021 3:25am
Quoting JayBag
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
Maestro, GBP/USD is your prey and that's not even up for any debating
  • #610,444
  • Jul 19, 2021 3:31am Jul 19, 2021 3:31am
Quoting mysterio
{quote} 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

Wouldn’t the opec deal let the usd drop as it means oil production increases and thus lowers the demand
Insane in the Brain..
  • #610,445
  • Jul 19, 2021 3:39am Jul 19, 2021 3:39am
This move is impact of any news ? or USD getting stronger?
  • #610,446
  • Jul 19, 2021 3:40am Jul 19, 2021 3:40am
Quoting BeeTogether
{quote} Wouldn’t the opec deal let the usd drop as it means oil production increases and thus lowers the demand
I gotta be honest I was going off something I read that says oil prices and dollar is inversely correlated but it seems there are papers saying the opposite

Not sure maybe someone more knowledgeable here can chime in, not sure what the relationship is now
  • #610,447
  • Jul 19, 2021 3:41am Jul 19, 2021 3:41am
Price breaks S2 (support on July 2nd).
The price also refused to close above S2.
Looks like S2 becomes today R.
Attached Image (click to enlarge)
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  • #610,448
  • Jul 19, 2021 3:46am Jul 19, 2021 3:46am
1.36800 is the next support on D1 chart (near 1.36750)
Attached Image (click to enlarge)
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  • #610,449
  • Jul 19, 2021 3:48am Jul 19, 2021 3:48am
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  • #610,450
  • Jul 19, 2021 3:51am Jul 19, 2021 3:51am
Why on earth people try to long in such a strong downtrend

+200 pips on this trade atm as it stands

Weekly base top Reversal with pullbacks/corrections cycling though the lower timeframes with 3665 area being a prior weekly demand area , if it breaks i would think it may travel down somewhat before correcting back to 3665 and maybe a bit higher before forming a new weekly base ( assumed lower high) which would need to break again and more shorting opps but as always i will let the price show the way to confirm.
Follow The Markets Structure - Patience and Discipline
  • #610,451
  • Jul 19, 2021 3:53am Jul 19, 2021 3:53am
Quoting KiwiTrada
{quote} Cad very close to previous daily high 1 2652 pa now 1 2642, corresponds with dix have started micro managing longs, tempted to short around 1 2650 would be wise, but stomach saying to stay aside, I will wait :-(
previous weekly high pierced, next is psych 1 2750 pa now 1 2735
If you are new to Forex? Say Goodbye to your account!!
  • #610,452
  • Jul 19, 2021 3:53am Jul 19, 2021 3:53am
unbelievable
where that drop was ON FRIDAY ?
MF !!!!!
Attached Image(s) (click to enlarge)
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yes yes yes
  • #610,453
  • Jul 19, 2021 3:55am Jul 19, 2021 3:55am
Seemed. most of the traders who are in FF are buying GU.
Attached Image
Fools Rushing
  • #610,454
  • Jul 19, 2021 3:56am Jul 19, 2021 3:56am
Be aware of next four hours. UP (might be/should be/must be)
  • #610,455
  • Jul 19, 2021 3:56am Jul 19, 2021 3:56am
Attached Image (click to enlarge)
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Quoting KiwiTrada
{quote} previous weekly high pierced, next is psych 1 2750 pa now 1 2735
Even 2450 area . Posted this weeks ago but for now just chip away . Next box coming up 3705 needs to go first .regards
  • #610,456
  • Jul 19, 2021 3:57am Jul 19, 2021 3:57am
Current Mood
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  • #610,457
  • Jul 19, 2021 3:58am Jul 19, 2021 3:58am
Quoting MTF Test
Seemed. most of the traders who are in FF are buying GU. {image}

Not only FF , i have accounts across other brokers to spread my risk and most showing heavy retail buying some as high as 70% since the down move started from 3900 where i shorted.
Follow The Markets Structure - Patience and Discipline
  • #610,458
  • Jul 19, 2021 4:00am Jul 19, 2021 4:00am
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
They don't know the meaning of the word TREND is my guess

It takes a lot for me to IGNORE you, but you can try.
  • #610,459
  • Jul 19, 2021 4:01am Jul 19, 2021 4:01am
Quoting KiwiTrada
{quote} 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
hi bro..... we're already old enough in this crazy game ...imho not our time to play hit and run like the younger one .Just enjoy the life and let the market run to hit all the TP

hope green pips for you and everybody here.

rgds,iqyu
not euphoria follower
  • #610,460
  • Jul 19, 2021 4:05am Jul 19, 2021 4:05am
as the support is taken , ill side for seek more opportunity to sell later . ill just get some correction here . ^.^
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
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