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Cable Update (GBPUSD)

  • #610,681
  • Jul 19, 2021 3:16pm Jul 19, 2021 3:16pm
Quoting BeeTogether
{quote} How I regret not shorting at 139 lol
regret is a big part of trading, hence why I trade both ways at anytime
  • #610,682
  • Jul 19, 2021 3:18pm Jul 19, 2021 3:18pm
Quoting Waveskierrob
{quote} regret is a big part of trading, hence why I trade both ways at anytime
for some reason IG wont let me
Insane in the Brain..
  • #610,683
  • Jul 19, 2021 3:27pm Jul 19, 2021 3:27pm
Quoting BeeTogether
{quote} for some reason IG wont let me
Yea they will on the righthand side of chart on the order section your "net off" is clicked just click the "force open" then you will be able to trade both ways if you wish, good tool to have
  • #610,684
  • Jul 19, 2021 3:28pm Jul 19, 2021 3:28pm
Quoting Moty
if this area will not hold , i don't know what will {image}
Hello now We can say bearish is hold,please give me a sound.
  • #610,685
  • Jul 19, 2021 3:30pm Jul 19, 2021 3:30pm
price return back above 1.36696
come on bulls
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yes yes yes
  • #610,686
  • Jul 19, 2021 3:31pm Jul 19, 2021 3:31pm
Quoting BeeTogether
{quote} for some reason IG wont let me
Yehh, you can't hedge on IG, tried and closed my short trades in error around 1.39, I regret now.
  • #610,687
  • Jul 19, 2021 3:42pm Jul 19, 2021 3:42pm
goldi keep checking 1794 from above
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yes yes yes
  • #610,688
  • Jul 19, 2021 3:44pm Jul 19, 2021 3:44pm
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Quote
good work bear
  • #610,689
  • Jul 19, 2021 3:51pm Jul 19, 2021 3:51pm
Quoting Waveskierrob
{quote} Yea they will on the righthand side of chart on the order section your "net off" is clicked just click the "force open" then you will be able to trade both ways if you wish, good tool to have
Daymn I didn’t know that! Cheers mate probably saved me from future balls ups there
Insane in the Brain..
  • #610,690
  • Jul 19, 2021 3:59pm Jul 19, 2021 3:59pm
Quoting BeeTogether
{quote} Daymn I didn’t know that! Cheers mate probably saved me from future balls ups there
no worries,very powerful tool to have in your arsenal, maybe play around with it on demo before using it in anger
  • #610,691
  • Jul 19, 2021 4:19pm Jul 19, 2021 4:19pm
Attached Image (click to enlarge)
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USDCAD

I see a good possible entry short this pair if it hits below 1,2730
  • #610,692
  • Jul 19, 2021 4:26pm Jul 19, 2021 4:26pm
GU looking to target 1.3610-20s but possible bounce upward afterwards. Initial Resistance 1.3685-95, if price can base above and that might be later..can target 1.3735-40
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #610,693
  • Jul 19, 2021 4:51pm Jul 19, 2021 4:51pm
Quoting superamigo
{image} USDCAD I see a good possible entry short this pair if it hits below 1,2730
there is flag, crystal clear in chart, pa is very compressed, why not wait for break out and retest, much simpler trade plan
flag accumulation for both options present trend change or continuation 50/50 is bad odds waiting odds improve
If you are new to Forex? Say Goodbye to your account!!
  • #610,694
  • Jul 19, 2021 5:08pm Jul 19, 2021 5:08pm
Quoting KiwiTrada
{quote} there is flag, crystal clear in chart, pa is very compressed, why not wait for break out and retest, much simpler trade plan flag accumulation for both options present trend change or continuation 50/50 is bad odds waiting odds improve
In my conception it is riskier to think of the breaking flag because there's an exhaustion, featuring a bull trap By breaking down below 1,2730 it is very likely to make a retraction at least around 1,2640.
  • #610,695
  • Jul 19, 2021 5:34pm Jul 19, 2021 5:34pm
Dow suffers biggest drop of the year as Delta variant fears hit Wall Street hard

Why is this not affecting USD yet?
  • #610,696
  • Jul 19, 2021 5:38pm Jul 19, 2021 5:38pm
Quoting Waveskierrob
{quote} regret is a big part of trading, hence why I trade both ways at anytime
It's a tricky way to trade. I have to use two different accounts with my broker to do this. It's the only way I can hedge with this broker, because I am a US citizen. I am trying to come up with a way to hedge at the same price and profit without losing any of my capital. I am sure there must be a way to do this successfully, but I haven't figured it out yet.
Learn from your mistakes and march on.
  • #610,697
  • Jul 19, 2021 5:53pm Jul 19, 2021 5:53pm
For example if you are bought in GBPUSD. Sell EURUSD the two pairs have very strong correlation
  • #610,698
  • Jul 19, 2021 6:20pm Jul 19, 2021 6:20pm
Quoting Ehsank78
Dow suffers biggest drop of the year as Delta variant fears hit Wall Street hard Why is this not affecting USD yet?
Its called '' safe the dollar behind the scenes'' - inflation, manipulation, Biden politics, atract investors, interest rates, monetary policy, save strongest economy...
  • #610,699
  • Jul 19, 2021 6:47pm Jul 19, 2021 6:47pm
BUY entry 1.36672
TP1 1.37158
TP2 1.37429
SL 1.36514

If price break the 1.36672 Support Level, then we wait for a retest and continue to the downside...

Good Luck

BigNumbers
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My telegram: https://t.me/avidforex
  • #610,700
  • Jul 19, 2021 7:13pm Jul 19, 2021 7:13pm
Enough for the Bear Brand day's, today is the Kratingdaeng day's
Using Chaos to Finding Order
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