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Cable Update (GBPUSD)

  • #612,841
  • Jul 29, 2021 3:19am Jul 29, 2021 3:19am
Quoting elbert3
{image} nearlyblol will it take the top out or are we seeing the top ?
It's extended but picking tops and bottoms isn't the best game imo, 1.4 might be a good canditate but for me this is risky time to trade - for every new buy I feel like Icarus. No sign of bears yet, but when the bears do show up it will be clear - they don't mess around!
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  • #612,842
  • Jul 29, 2021 3:23am Jul 29, 2021 3:23am
Quoting Bainbrito
{quote} It's extended but picking tops and bottoms isn't the best game imo, 1.4 might be a good canditate but for me this is risky time to trade - for every new buy I feel like Icarus. No sign of bears yet, but when the bears do show up it will be clear - they don't mess around! {image}
nice look .....we are off again now 3 trades just pp on 54 now ,just incase it catches me out ..Regards E
  • #612,843
  • Jul 29, 2021 3:26am Jul 29, 2021 3:26am
Quoting Almo2312
{quote} 15 min chart broke
All my shorts stopped out.

No trade today.

Just missed my rule once it broke yesterday high.
Intraday only.
  • #612,844
  • Jul 29, 2021 3:29am Jul 29, 2021 3:29am
im out and side away , will see how daily candle does
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #612,845
  • Jul 29, 2021 3:30am Jul 29, 2021 3:30am
Attached Image


some bonus for me today ,done for this week as today made more than i needed

nice weekend all

Cheers
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #612,846
  • Jul 29, 2021 3:30am Jul 29, 2021 3:30am
Quoting gabolan3
Hello friends, its another trading day as yesterday cable could not reach 1.4014 being restricted by a weekly ceiling @ 1.3903 a level that is now broken overnight as traders sentiment remains bullish this thursday european session trade as we have seen buyers @ 1.3944 support level and sellers @ 1.3999. we expect cable to remain bullish this morning and a break above 1.3944 should be sustained before north america session which should be bearish as we expect price to later fall below 1.3948 for the later part of the day. Happy trading
Thanks Gabolan.

Your analysis is great and very consistant.

Keep up the good work man. You're one of the best trader in anaylising GBP/USD very well.

PAT
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #612,847
  • Jul 29, 2021 3:34am Jul 29, 2021 3:34am
tl hit 3960 and i have a hanging man on 5 min so short taken stop at 60 and lets see it its the top ,watch 5 min set ups
  • #612,848
  • Jul 29, 2021 3:37am Jul 29, 2021 3:37am
Quoting elbert3
tl hit 3960 and i have a hanging man on 5 min so short taken stop at 60 and lets see it its the top ,watch 5 min set ups
may work , but ive loss trade today , ill not get the trade as its over limit my trade . so ill let it go and seek another chance / hint tommorow
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #612,849
  • Jul 29, 2021 3:38am Jul 29, 2021 3:38am
Quoting kris89
{quote} may work , but ive loss trade today , ill not get the trade as its over limit my trade . so ill let it go and seek another chance / hint tommorow
watching auto trades are on entered long as post ,, auto trad hit in
  • #612,850
  • Jul 29, 2021 3:39am Jul 29, 2021 3:39am
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trading is like dancing, don't think and just listen to the music!
  • #612,851
  • Jul 29, 2021 3:40am Jul 29, 2021 3:40am

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Air force
  • #612,852
  • Jul 29, 2021 3:41am Jul 29, 2021 3:41am
Quoting elbert3
tl hit 3960 and i have a hanging man on 5 min so short taken stop at 60 and lets see it its the top ,watch 5 min set ups
it is breaking thro the roof.

will stop only at 4000
Intraday only.
  • #612,853
  • Jul 29, 2021 3:41am Jul 29, 2021 3:41am
At least the reason to the crunch early buyers
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Be a spectator, not a player
  • #612,854
  • Jul 29, 2021 3:43am Jul 29, 2021 3:43am
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}
Now I figured we may get a drop from this zone, just an area to watch at least

Currently no sign of any short, not a good idea at all to sell a rocket like this

Just a pullback though (if at all) I think 1.4050 is the next target for bulls, might get a good dip to buy

The supply zone below had been tested multiple times so was aware it was likely to break
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  • #612,855
  • Jul 29, 2021 3:45am Jul 29, 2021 3:45am
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  • #612,856
  • Jul 29, 2021 3:46am Jul 29, 2021 3:46am
Quoting wiserltz
At least the reason to the crunch early buyers {image}
1D on futures are strange... Timeframes calculating from different open or so
Air force
  • #612,857
  • Jul 29, 2021 3:51am Jul 29, 2021 3:51am
Think so, TVC the gap is there but unclear
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Be a spectator, not a player
  • #612,858
  • Jul 29, 2021 3:54am Jul 29, 2021 3:54am
at 10 o clock i am going to make tea and jam crumpets
  • #612,859
  • Jul 29, 2021 3:58am Jul 29, 2021 3:58am
Quoting elbert3
at 10 o clock i am going to make tea and jam crumpets
I like your style, I may very well join you
  • #612,860
  • Jul 29, 2021 4:00am Jul 29, 2021 4:00am
I think it might reach 1.41 - 1.43 before the final reverse.
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