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Cable Update (GBPUSD)

  • #612,441
  • Jul 27, 2021 4:51pm Jul 27, 2021 4:51pm
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yes yes yes
  • #612,442
  • Jul 27, 2021 5:28pm Jul 27, 2021 5:28pm
Ouch sl hit. Price going to hit 1.39600 area that havent being taken
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #612,443
  • Jul 27, 2021 5:36pm Jul 27, 2021 5:36pm
There may likely be a hit to 1.375 before a leap towards 1.40. That's what i see on D1. May be wrong though
  • #612,444
  • Jul 27, 2021 7:37pm Jul 27, 2021 7:37pm
Quoting Nd10
There may likely be a hit to 1.375 before a leap towards 1.40. That's what i see on D1. May be wrong though
Idk. IMO daily and weekly candle have something. When i swipe tp lower TF . We are in flip area that price possibility correction or maybe take down to next level. Will need to see today candle close first and ive a new sell again in these flip level 1.39000 area
My biggest picture still bearish as price still below 1.39600
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #612,445
  • Jul 27, 2021 8:03pm Jul 27, 2021 8:03pm
Seems a good southward scalp is in the cards. Pulled at 1.38770.
  • #612,446
  • Jul 27, 2021 8:43pm Jul 27, 2021 8:43pm
Today, ranging day below 3895.
I do not expect a break.
Let us watch
Intraday only.
  • #612,447
  • Edited 10:15pm Jul 27, 2021 9:17pm | Edited 10:15pm
Quoting mysterio
{quote} You'd think eh? I'm having the week off but still watching what's going on. I guess logically if it's been brought up here then the path is down afterwards. I thought it may hit one of the supply areas above 1.39 before down We are reacting off of a strong untested h1 demand on the dollar currently. Not sure I never trade the FOMC tbh {image}
Nice video just posted on this week's GU price action explaining the above in more detail, and why you should consider waiting until we pass 1.39 if you're going to sell
Inserted Video
  • #612,448
  • Jul 27, 2021 9:52pm Jul 27, 2021 9:52pm
Quoting mysterio
{quote} Nice video just poated on this week's GU price action explaining the above in more detail, and why you should consider waiting until we pass 1.39 if you're going to sell https://youtu.be/5_l311HP87c
ICT so long time not see this . Was michael still exist ?
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #612,449
  • Jul 27, 2021 10:03pm Jul 27, 2021 10:03pm
Hi All,

Good Morning!

All time frame was trading above 200 EMA it happen yesterday, so there will be spike movement today.

If GBPUSD close above the resistance zone 1.38984 to 1.39014 then we can see 1.40000 in today or upcoming day and we can see it will paly some time over 1.38765 to 1.38942 zone

Today support zone 1.38354 to 1.38270 if it close below we could see 1.38026(-100)

it will test the support zone before NY and bull will take control to 1.40000

Today we have FOMC my view it will be negative for USD, trade on your own analysis and strategy

Yesterday Gold movement indicate the movement of other currency

Safe Trade
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  • #612,450
  • Jul 27, 2021 10:05pm Jul 27, 2021 10:05pm
for 35-40 pips to the adr mid range
waiting for fo and lo
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yes yes yes
  • #612,451
  • Jul 27, 2021 10:18pm Jul 27, 2021 10:18pm
Quoting Madanmohanca
Hi All, Good Morning! All time frame was trading above 200 EMA it happen yesterday, so there will be spike movement today. If GBPUSD close above the resistance zone 1.38984 to 1.39014 then we can see 1.40000 in today or upcoming day and we can see it will paly some time over 1.38765 to 1.38942 zone Today support zone 1.38354 to 1.38270 if it close below we could see 1.38026(-100) it will test the support zone before NY and bull will take control to 1.40000 Today we have FOMC my view it will be negative for USD, trade on your own analysis and strategy...
"Gold movement indicate the movement of other currency"

what do you mean yesterday it went down then up, so far today has been up
I think she is running into resistance 1808 21ish - 1809 88ish will be looking to build a position close to that zone pa now 1807 25
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  • #612,452
  • Edited 10:40pm Jul 27, 2021 10:25pm | Edited 10:40pm
Quoting KiwiTrada
{quote} "Gold movement indicate the movement of other currency" what do you mean yesterday it went down then up, so far today has been up I think she is running into resistance 1808 21ish - 1809 88ish will be looking to build a position close to that zone pa now 1807 25

Before other currency movement gold moved yesterday I posted there will movement in GBPUSD


Gold is in Down Trend until it close above 25.311, yesterday it moved down and there pullback is going in Gold if it close above 25.311 Bull will take control

Gold Moving to Support Zone 24.164 to 23.759
Resistance Zone 25.994 to 24.164
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  • #612,453
  • Jul 27, 2021 10:26pm Jul 27, 2021 10:26pm
Quoting Madanmohanca
Bear dominates Gold now will effect in GBPUSD {image}

It indicate other currency will move
  • #612,454
  • Jul 27, 2021 10:42pm Jul 27, 2021 10:42pm
Quoting Madanmohanca
{quote} Before other currency movement gold moved yesterday I posted there will movement in GBPUSD Gold is in Down Trend until it close above 25.311, yesterday it moved down and there pullback is going in Gold if it close above 25.311 Bull will take control {image}
bro, this is the second time you post this chart, first time i thought its only a mistake.
are you aware this chart is Silver and not Gold?
gold=xau
silver=xag
  • #612,455
  • Jul 27, 2021 10:52pm Jul 27, 2021 10:52pm
Quoting gatenio
{quote} bro, this is the second time you post this chart, first time i thought its only a mistake. are you aware this chart is Silver and not Gold? gold=xau silver=xag
sorry bro let check
  • #612,456
  • Jul 27, 2021 10:52pm Jul 27, 2021 10:52pm
Sell 1.38850 TP: 1.38300
SL 1.39000

The same thing happened yesterday!
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  • #612,457
  • Jul 27, 2021 10:59pm Jul 27, 2021 10:59pm
Quoting gatenio
{quote} bro, this is the second time you post this chart, first time i thought its only a mistake. are you aware this chart is Silver and not Gold? gold=xau silver=xag

I mistakenly posted silver char for Gold

200EMA 1804.54 need to close above for bull
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  • #612,458
  • Jul 27, 2021 11:04pm Jul 27, 2021 11:04pm
I have taken a single sell entry when its time to load it up I'll let you know...
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  • #612,459
  • Jul 27, 2021 11:15pm Jul 27, 2021 11:15pm
Quoting Madanmohanca
{quote} I mistakenly posted silver char for Gold 200EMA 1804.54 need to close above for bull {image}
Disagree about this price.
im not using moving average either.
Price is in massive confluence zone 1766-1809 on daily chart, yes it sometimes leaks out of this range but without a real purpose. For me its a short, as long as price below 1809.XX with target of more then 100$, just waiting for the push.
  • #612,460
  • Jul 27, 2021 11:32pm Jul 27, 2021 11:32pm
Quoting gatenio
{quote} Disagree about this price. im not using moving average either. Price is in massive confluence zone 1766-1809 on daily chart, yes it sometimes leaks out of this range but without a real purpose. For me its a short, as long as price below 1809.XX with target of more then 100$, just waiting for the push.
I do not trade gold.
Trade this on trial account to test my tech system.
The price above 1790 is bullish
Intraday only.
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