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Cable Update (GBPUSD)

  • #612,741
  • Jul 28, 2021 4:52pm Jul 28, 2021 4:52pm
Quoting nAVIN2007
{quote} if it does not reverse im screwed

1.4 is coming
  • #612,742
  • Jul 28, 2021 6:32pm Jul 28, 2021 6:32pm
I am avoiding GBPUSD as they are both strong currencies, but looking at weekly, looks like bullish.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 76 KB
Click to Enlarge Name: GBPUSDDaily.png Size: 104 KB
  • #612,743
  • Jul 28, 2021 6:34pm Jul 28, 2021 6:34pm
post FOMC magic, looking to defend 1 39088 cheap entry, r/r is excellent, just need us$ to comply
If you are new to Forex? Say Goodbye to your account!!
  • #612,744
  • Jul 28, 2021 7:10pm Jul 28, 2021 7:10pm
Quoting KiwiTrada
post FOMC magic, looking to defend 1 39088 cheap entry, r/r is excellent, just need us$ to comply
dixy should run into some decent support 92 206 pa now 92 248 gold resistance 1811 31 pa now 1810 09, market taking a fomc breather patience required:-)
If you are new to Forex? Say Goodbye to your account!!
  • #612,745
  • Jul 28, 2021 7:24pm Jul 28, 2021 7:24pm
Quoting KiwiTrada
post FOMC magic, looking to defend 1 39088 cheap entry, r/r is excellent, just need us$ to comply
cable & gold 4hr charts
white arrows are related to GB100 gaps on London open Red arrows are known S&R,s
Gold shorts were a breeze longs even easier, no rocket science, just clean PA
Attached Image(s) (click to enlarge)
Click to Enlarge Name: XAUUSDH4 29 7 2021.png Size: 65 KB
Click to Enlarge Name: GBPUSDH4 29 7 2021.png Size: 54 KB
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  • #612,746
  • Jul 28, 2021 7:35pm Jul 28, 2021 7:35pm
Any bearish activity coming out of this pair is likely going to be short-lived. USD is in serious trouble. Things would likely be different if better people were governing the US.
Learn from your mistakes and march on.
  • #612,747
  • Jul 28, 2021 8:13pm Jul 28, 2021 8:13pm
Quoting KiwiTrada
{quote} cable & gold 4hr charts white arrows are related to GB100 gaps on London open Red arrows are known S&R,s Gold shorts were a breeze longs even easier, no rocket science, just clean PA {image} {image}
gold -well that was a super quick death :-( will reassess london open
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  • #612,748
  • Jul 28, 2021 8:18pm Jul 28, 2021 8:18pm
Quoting here2there
Any bearish activity coming out of this pair is likely going to be short-lived. USD is in serious trouble. Things would likely be different if better people were governing the US.
what do you mean? US$ has been performing well, sure this week so far has been pulling back (weekly) that was to be expected from resistance, tomorrow is weeks end months end import close but last month was all bull 89 655 - 99 442 bullish encompassing, however agree with politicians they are "all" aholes lying mongols
If you are new to Forex? Say Goodbye to your account!!
  • #612,749
  • Jul 28, 2021 8:33pm Jul 28, 2021 8:33pm
Quoting KiwiTrada
{quote} what do you mean? US$ has been performing well, sure this week so far has been pulling back (weekly) that was to be expected from resistance, tomorrow is weeks end months end import close but last month was all bull 89 655 - 99 442 bullish encompassing, however agree with politicians they are "all" aholes lying mongols
USD may look strong on a small timeframe, but realistically, it's not doing well. If a dollar isn't even worth a dollar, something is wrong! And all of this printing of money out of thin air and increasing debt isn't helping the dollar. A crash is coming. It's only a matter of time.

USD Weekly
Attached Image (click to enlarge)
Click to Enlarge Name: USD.png Size: 41 KB
Learn from your mistakes and march on.
  • #612,750
  • Jul 28, 2021 8:51pm Jul 28, 2021 8:51pm
Quoting here2there
{quote} USD may look strong on a small timeframe, but realistically, it's not doing well. If a dollar isn't even worth a dollar, something is wrong! And all of this printing of money out of thin air and increasing debt isn't helping the dollar. A crash is coming. It's only a matter of time. USD Weekly {image}
lmfao I watch daily weekly and monthly not sure what you mean by small timeframe, lets get real USA is bankrupt, has been for 10+ years, the only thing stopping drowning is its the worlds base currency and qauntative easing aka printing, there have been several decotative titles, fiscal wall, debt cliff, kick the can down the road etc etc, check debt clock, it is mathematically impossible for usa to clear debt, simple facts no one wants to admit or address, however if this was revelant in forex no one would ever trade usd, but forex is an illusion, casino, realities dont count, agree major collapse imminent, my suggestion trade clean pa, strict trade plan, protect loss, if usd does collapse aka GFC ALL currencies will burn
If you are new to Forex? Say Goodbye to your account!!
  • #612,751
  • Jul 28, 2021 8:56pm Jul 28, 2021 8:56pm
Quoting here2there
{quote} USD may look strong on a small timeframe, but realistically, it's not doing well. If a dollar isn't even worth a dollar, something is wrong! And all of this printing of money out of thin air and increasing debt isn't helping the dollar. A crash is coming. It's only a matter of time. USD Weekly {image}
For now temporarily, USD is strong. CAD appears to getting better but in reality it is not. I agree with you 100% the crash is coming in USA and Canada. Once that happens it will affect the rest of the world. Everyone will feel it. It is estimated that real estate prices in Canada will drop by at least 30% next year in 2022. The prices here are crazy. There is a house worth like $700,000 and people are betting and giving 900,000 or a million. But I do not feel sorry for people like that, because how can someone be so stupid to offer 70,000 over asking price or 300,000 over asking price and so on. People are stupid and they need to get financially burned to learn a lesson. The home I live in now well have lived for past few years, I am staying in this home it is my home forever. But If I was to sell it now, I can get a lot of money for it, but than I have to buy something else and it will cost a lot of money so I would not be left with much profit. But you are 100% right crash is coming, because economy is out of control and it needs fixing. It needs to erase the debt and start from scratch. Because the debt can't ever be payed off and it is just rising very fast and it needs to be fixed. The only way to fix it is erase the debt, but they have to crash the economy first.

Another thing is what I am questioning now that USA is pulling all the troops out of Afghanistan, where are they planning to start the next war? You got all those troops back they are getting paid for their jobs, where are they going after Afghanistan?
  • #612,752
  • Jul 28, 2021 9:03pm Jul 28, 2021 9:03pm
Quoting KiwiTrada
{quote} dixy should run into some decent support 92 206 pa now 92 248 gold resistance 1811 31 pa now 1810 09, market taking a fomc breather patience required:-)
dix entering support zone, looking to defend 92 20 possibly a little lower but 1st entry in sl 13pips
If you are new to Forex? Say Goodbye to your account!!
  • #612,753
  • Jul 28, 2021 9:10pm Jul 28, 2021 9:10pm
Quoting Techanalyst
{quote} The prices here are crazy. There is a house worth like $700,000 and people are betting and giving 900,000 or a million. But I do not feel sorry for people like that, because how can someone be so stupid to offer 70,000 over asking price or 300,000 over asking price and so on. People are stupid and they need to get financially burned to learn a lesson.
actually that happen not only in Canada, somewhere else in this world also has same condition my friend
Hope everyone gets green pips
  • #612,754
  • Jul 28, 2021 9:23pm Jul 28, 2021 9:23pm
short 3914.

stop 3922.

TP - Open
Intraday only.
  • #612,755
  • Jul 28, 2021 9:28pm Jul 28, 2021 9:28pm
bad day , my SL getting hit XD , will re add my sell later. seem price wanna trap buyer ahead , i need to see how far these compressed price goes , ill add at the peak
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #612,756
  • Jul 28, 2021 9:29pm Jul 28, 2021 9:29pm
If stop gets hIT, I will short above 3925 for daily pivot TP
Intraday only.
  • #612,757
  • Jul 28, 2021 9:33pm Jul 28, 2021 9:33pm
Quoting kris89
bad day , my SL getting hit XD , will re add my sell later. seem price wanna trap buyer ahead , i need to see how far these compressed price goes , ill add at the peak
iF the retrace in asia is tiny, expect the price to move to R1.

Than retrace.
Intraday only.
  • #612,758
  • Jul 28, 2021 9:33pm Jul 28, 2021 9:33pm
Quoting navk
If stop gets hIT, I will short above 3925 for daily pivot TP
im sure price havent compress enough , im sure about it . +30 ~ +50 pip from OP.


Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 111 KB

Now the Price Concern me if it Closed +30~50 pip away from box , then BO is confirm , still the H4 candle havent close , i can count this as FO
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #612,759
  • Jul 28, 2021 9:44pm Jul 28, 2021 9:44pm
shorting now at 3925.

stop 7 pips
Intraday only.
  • #612,760
  • Jul 28, 2021 9:47pm Jul 28, 2021 9:47pm
Quoting navk
shorting now at 3925. stop 7 pips
yes , it is , the marker forming , hope this cvalid
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
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