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Cable Update (GBPUSD)

  • #610,561
  • Jul 19, 2021 8:42am Jul 19, 2021 8:42am
Nice collapse on the dixy

Back in the range, tricky fk'ers
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  • #610,562
  • Jul 19, 2021 8:42am Jul 19, 2021 8:42am
usdcad need to retrace
possible upside move for gu
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yes yes yes
  • #610,563
  • Jul 19, 2021 8:47am Jul 19, 2021 8:47am
I'm out for today.
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#Stay blue. /swinger/scalper/
  • #610,564
  • Jul 19, 2021 8:48am Jul 19, 2021 8:48am
Quoting IBabyTrader
long from 1.37053, SL 1.36800, TP open. Fingers crossed. Will move my SL to BE soon.
Positive SL at 1.37107, just in case it drops like hell :-)
  • #610,565
  • Jul 19, 2021 8:52am Jul 19, 2021 8:52am
Quoting dempire1
{quote} Don't trade fundamentals on low TF
I agreed with you. fundamentals work very good to who is holder
  • #610,566
  • Jul 19, 2021 8:57am Jul 19, 2021 8:57am
Quoting IBabyTrader
Why is the GU still down, while there are so many longs? {image}
Looks like open interest from some broker. Where was their entries is the question, one side is always stuck somewhere...
Price moves by aggressive market orders, every sell-market must meet buy-limit (passive orders) in the DOM.
Lost herd of buyers has no effect on the market rn. They'll hope to exit at BE, which may create some resistance in the future (exits with market-sell).

My limited vision, sure someone can answer better.
Air force
  • #610,567
  • Jul 19, 2021 8:58am Jul 19, 2021 8:58am
Quoting IBabyTrader
{quote} Positive SL at 1.37107, just in case it drops like hell :-)
stopped out, itchy fingers
  • #610,568
  • Jul 19, 2021 9:06am Jul 19, 2021 9:06am
Quoting Wavegarrick
To that sore loser continuously disliking posts here going against you. Come on, man up, show your face. I have a suspicion of who you are. You are so dumb and you make it obvious. Capiche cretin.
People are so worried about buttons. I will take the blame on myself.
Air force
  • #610,569
  • Jul 19, 2021 9:10am Jul 19, 2021 9:10am
Quoting W0lfram
{quote} Looks like open interest from some broker. Where was their entries is the question, one side is always stuck somewhere... Price moves by aggressive market orders, every sell-market must meet buy-limit (passive orders) in the DOM. Lost herd of buyers has no effect on the market rn. They'll hope to exit at BE, which may create some resistance in the future (exits with market-sell). My limited vision, sure someone can answer better.
DOM is great, I expect a quick shoot up before a drop to hit those orders.v If it drops...
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Or perhaps it is probing weakness.
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  • #610,570
  • Jul 19, 2021 9:17am Jul 19, 2021 9:17am
I’m I the only one who is not getting a BUY confirmation ??
If price does not reject at 1.37000 then the BEARS have taken over the market.

Be careful while taking BUY entry. I’m sure the BEARS want to take your money.

Good Luck

BigNumbers
My telegram: https://t.me/avidforex
  • #610,571
  • Jul 19, 2021 9:18am Jul 19, 2021 9:18am
I believe in another 100 fall points. today is a great day to just watch. :-)

staying out of the market is also operating!

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resilience....
  • #610,572
  • Jul 19, 2021 9:18am Jul 19, 2021 9:18am
GU H4
Level to watch.
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  • #610,573
  • Jul 19, 2021 9:19am Jul 19, 2021 9:19am
Quoting BigNumbers
I’m I the only one who is not getting a BUY confirmation ?? If price does not reject at 1.37000 then the BEARS have taken over the market. Be careful while taking BUY entry. I’m sure the BEARS want to take your money. Good Luck BigNumbers
No, I'm still short!

I think 1.366 is the level to watch. I will take off some of my position there, and there is a good chance the bears will smash through it.
  • #610,574
  • Jul 19, 2021 9:22am Jul 19, 2021 9:22am
Quoting JayBag
{quote} Bro, I noticed too and I am sending nothing but LOVE to him. Eventually, he'll come correct. I think your suspicion and mine could be towards the same individual.
Thanks, maestro!
Air force
  • #610,575
  • Jul 19, 2021 9:22am Jul 19, 2021 9:22am
As soon as 1.3700 got broken, bulls must had thought how to take sl, and if want to buy again, must be as far deep below 1.3700 as say 1.3620s, betting on a retrace back up sometime later..
Buying at good levels like around 1.3700 couldn't had cause you any loss as market gave several chances for BE or some TP
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #610,576
  • Jul 19, 2021 9:22am Jul 19, 2021 9:22am
Trapdoor is open
Insane in the Brain..
  • #610,577
  • Jul 19, 2021 9:22am Jul 19, 2021 9:22am
Quoting BigNumbers
I’m I the only one who is not getting a BUY confirmation ?? If price does not reject at 1.37000 then the BEARS have taken over the market. Be careful while taking BUY entry. I’m sure the BEARS want to take your money. Good Luck BigNumbers
Prob not the only one no, remember we're all on different time frames though, some of us are just in trades for a few minutes
  • #610,578
  • Jul 19, 2021 9:27am Jul 19, 2021 9:27am
Just had a look across the markets it’s the GBP that’s the weakest link today ..
Insane in the Brain..
  • #610,579
  • Jul 19, 2021 9:29am Jul 19, 2021 9:29am
If GBPUSD close without touching 1.38000 then we can see it will try to touch in upcoming days

once it touch it will move downward in very fast manner


Hope it retrace to 1.38000 holding buy
  • #610,580
  • Jul 19, 2021 9:31am Jul 19, 2021 9:31am
Quoting Mr.Burger
{quote} my view it's look like the same pattern {image}{image}
I think this clear enough where we are in
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Daddy, Brother, Lover, Little Boy
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