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Cable Update (GBPUSD)

  • #611,061
  • Jul 20, 2021 10:03pm Jul 20, 2021 10:03pm
Quoting Georginson
1.3571 + 160 pips = 1.3731 (Minimum bounce) 1.3571 + 177 pips = 1.3748 (Average Bounce) 1.3571 + 200 pips = 1.3771 (Maximum Bounce) The above are possible prices that can be seen in few days time as far as 1.3570 remains unbroken.
averange bounce its my target this week , price need a next swing to breach that level ,big major level
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #611,062
  • Jul 20, 2021 10:33pm Jul 20, 2021 10:33pm
Quoting MTF Test
Some interesting facts !. quite a Lot of traders are holding loosing long trades. suggests another bearish move. {image}
Just wondering where this data came from?
The trade duration seems absurd. Traders are holding short positions for an AVERAGE 23 weeks?
  • #611,063
  • Jul 20, 2021 10:37pm Jul 20, 2021 10:37pm
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  • #611,064
  • Jul 20, 2021 10:43pm Jul 20, 2021 10:43pm
Quoting mysterio
Lets see if we create a temporary bottom on this level If it does I think we can see around 1.37 Or it can crash straight through Just a case of looking for reversal PA on m5 for another buy down at 1.357x, we can sell down to there probably now, and if it doesn't reverse hold the sell Kinda looks like one of those animal themed harmonic patterns not sure IMO {image}
Think this is playing out broadly speaking

Looking out for any signs of reversal to the upside 1.36 and below. Could be wrong (obv)
  • #611,065
  • Jul 20, 2021 10:57pm Jul 20, 2021 10:57pm
Quoting KiwiTrada
{quote} yes both kiwi and aussie made new daily lows, kiwi has psych 6900 aussie a little way to hers 7300 with regards to relationship with cable irrelevant because exotic data, cable is driven by sterling and usd, better information elsewhere cable hourly bulls have breached a falling upper tl however shes printing a rising channel to do it, aka bearflag, if flag breaks south otherwise trade the channel she is tapping ltl????
24hrs later same levels still in play aussie just pierced 73 000 kiwi 69 000 looking ominous going into brit open
If you are new to Forex? Say Goodbye to your account!!
  • #611,066
  • Jul 20, 2021 10:59pm Jul 20, 2021 10:59pm
BEAR PART 2
Trade with prediction = witch with her visions lol
  • #611,067
  • Jul 20, 2021 11:00pm Jul 20, 2021 11:00pm
For buyers again , the trend doesn't change that easy , specially when its soo much strong to the down side
  • #611,068
  • Jul 20, 2021 11:07pm Jul 20, 2021 11:07pm
Quoting superamigo
Im not feeling well after i took the vacine of the pfizer. I feel sleepy and a bit dizzy. I will go sleep and then maybe i will feel better soon
Felt the same and crazy shoulder pain. Second dose was easier to bear.
Get well soon!
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Air force
  • #611,069
  • Jul 20, 2021 11:11pm Jul 20, 2021 11:11pm
Quoting Ihlas
{quote} Hi W0lfram, Could you please share the delta of GBPUSD from CME? If possible 1H TF for yesterday and today. Just wanted to check something Thank you in advance
Sent in DM
Air force
  • #611,070
  • Jul 20, 2021 11:12pm Jul 20, 2021 11:12pm
Quoting dimitricss
BEAR PART 2
just said earlier.. seem another downward round could kick in anytime today... me watch if price could touch 1.35xxx as my post before or not... if it break.. i've plan to set another sell limit.
Suro Diro Joyoningrat Lebur Dening Pangastuti
  • #611,071
  • Jul 20, 2021 11:19pm Jul 20, 2021 11:19pm
im adding some long here 1.36000 , price could have ranging this area till NYO , ill see if any sign when LO
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #611,072
  • Jul 20, 2021 11:24pm Jul 20, 2021 11:24pm
Where is depper next stop point
hmm dilema Mybe W formation on double buttom or.. break LL again any good idea??
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  • #611,073
  • Jul 20, 2021 11:25pm Jul 20, 2021 11:25pm
Sorry for irrelevant post but anyone trade ABCD harmonic can help please
Which point is a C ? As i know ABCD pattern essentially compare the two impulse waves "steep and price" AB and CD so Is it right to select point number 1 as C ? or it should be the deepest point of AB ?
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  • #611,074
  • Jul 20, 2021 11:28pm Jul 20, 2021 11:28pm
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yes yes yes
  • #611,075
  • Jul 20, 2021 11:30pm Jul 20, 2021 11:30pm
Quoting Kimoo
Where is depper next stop point hmm dilema Mybe W formation on double buttom or.. break LL again any good idea?? {image}
HL (1.36000) its my place position buy for now , ill waiting until LO show more and NYO
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #611,076
  • Jul 20, 2021 11:38pm Jul 20, 2021 11:38pm
Quoting kris89
{quote} HL (1.36000) its my place position buy for now , ill waiting until LO show more and NYO
And put SL on yesterday low?
  • #611,077
  • Jul 20, 2021 11:47pm Jul 20, 2021 11:47pm
Nice, falling wedge on yesterdays H4 demand forming the last leg of potential W
  • #611,078
  • Jul 20, 2021 11:54pm Jul 20, 2021 11:54pm
scalping short on gold
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Trade with prediction = witch with her visions lol
  • #611,079
  • Jul 20, 2021 11:57pm Jul 20, 2021 11:57pm
Quoting Kimoo
{quote} And put SL on yesterday low?
yippie
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #611,080
  • Jul 21, 2021 12:00am Jul 21, 2021 12:00am
Sell limit @1.3630
SL @1.3680
TP @1.3570
Let's see whether it takes my trade or not...
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