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Cable Update (GBPUSD)

  • #614,441
  • Aug 5, 2021 2:01am Aug 5, 2021 2:01am
keep buying guys.
i want to be the only seller.
  • #614,442
  • Aug 5, 2021 2:03am Aug 5, 2021 2:03am
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This one I was watching before . Left small doji .. indecision. 3 candles down and bull means big move and as posted before back to the box above ..
  • #614,443
  • Aug 5, 2021 2:03am Aug 5, 2021 2:03am
for a good dump today and weeky range play , price high today must not be above 1.39200 , so we can have daily range about 1.38200 or more , if price wanna dump , if don`t price will struggling and back to top again

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"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #614,444
  • Aug 5, 2021 2:05am Aug 5, 2021 2:05am
GU is likely to go high up today after news.

This might be the low.

I do not have any GU open positions until news event.
Intraday only.
  • #614,445
  • Aug 5, 2021 2:05am Aug 5, 2021 2:05am
Quoting gatenio
keep buying guys. i want to be the only seller.
im going to load shorts till 1.396/7
  • #614,446
  • Aug 5, 2021 2:05am Aug 5, 2021 2:05am
Bought at 1.3899 Target 1.3975 and 1.4000
Forex Learner
  • #614,447
  • Aug 5, 2021 2:09am Aug 5, 2021 2:09am
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but more time now guys till ema comes up on 5 .. this pattern..small doji typ candle tell ok we could change trend . Then when you see e candles and then a bill or bear candle that covers them fast move as we seen . Sorry I could not of been a bit faster but that’s how it happens
  • #614,448
  • Aug 5, 2021 2:12am Aug 5, 2021 2:12am
Quoting gatenio
{quote} im going to load shorts till 1.396/7
im not expect more than 1.39200 ,
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #614,449
  • Aug 5, 2021 2:13am Aug 5, 2021 2:13am
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not wicks on 1:4 hours so 1..fib that move .2.. it could fill the day wick .
  • #614,450
  • Aug 5, 2021 2:16am Aug 5, 2021 2:16am
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ok new target and fib this
  • #614,451
  • Aug 5, 2021 2:17am Aug 5, 2021 2:17am
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yes yes yes
  • #614,452
  • Aug 5, 2021 2:18am Aug 5, 2021 2:18am
Quoting kris89
{quote} im not expect more than 1.39200 ,
im just saying i will sell till there.
FE 100/161.8 is my target.
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  • #614,453
  • Aug 5, 2021 2:21am Aug 5, 2021 2:21am
61.8 fib is 3924 in the box also
  • #614,454
  • Aug 5, 2021 2:21am Aug 5, 2021 2:21am
Quoting kris89
for a good dump today and weeky range play , price high today must not be above 1.39200 , so we can have daily range about 1.38200 or more , if price wanna dump , if don`t price will struggling and back to top again {image}
As per my technicals, hourly and daily, it lloks up today.

Purely technical.

We never know.. my winnings are partially technical, and mostly money management.
Intraday only.
  • #614,455
  • Aug 5, 2021 2:28am Aug 5, 2021 2:28am
Quoting witowito
Stop run weekly lows with some nice candles on m1 so I tryed tight longs until high of the day, now TP so took profits and moved to BE. Hopefully before news some rally until final TP up there around yesterdays Order block then wait for setup and sell...{image}{image}
This helps me a lot on my daily basis so maybe can help some others.
Before checking any Forum just look at charts make my own analysis and plan the trades of the day... Then just trade the plan. After that I come and read or chit chat with some others traders meanwhile waiting for price to unfolds.
  • #614,456
  • Aug 5, 2021 2:30am Aug 5, 2021 2:30am
Quoting mysterio
{quote} Now DXY has broken TL we can see a more sustained correction on GU below 1.39 as mentioned on the weekend, assuming the hourly closes outside At some point we'll re-test the TL which will give a good opportunity to reload shorts. The re-test is usually quite a sharp impulse which also gives a long opportunity at a good level on GU 92.5 is the level to watch for me Ultimately still holding out for 1.3820ish I am a bit gutted to have only extracted 25 pips from the short--just impulsively closed to lock in profits {image}
This is happening
  • #614,457
  • Aug 5, 2021 2:34am Aug 5, 2021 2:34am
Possible scenario with confirming Pa should another down swing begin to form


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Follow The Markets Structure - Patience and Discipline
  • #614,458
  • Aug 5, 2021 2:40am Aug 5, 2021 2:40am
Good morning folks. Hope you get good trades today.

My today's plan scaling shorts into strength. Looking for range boundries and also boe news.
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rookie trader. 1 year fx trading experience.
  • #614,459
  • Aug 5, 2021 2:41am Aug 5, 2021 2:41am
Quoting BigNumbers
Today's CABLE ANALYSIS 1 HR TIME FRAME Price will move between 1.38856 Support level and 1.39577 Resistance level... Total of 73 PIPS We are at the Support level now, where it is suitable to take long position with 25 Pips stop loss and 60 to 70 PIP take profit.. GET ON THE TRAIN AT THE STATION NOT WHEN IT'S MOVING.... You can choose to wait for more confirmation and allow price to close above the daily range thats the Green BOX! NOTE: The bears are teaming up but its not yet time to think of a bearish market; we wait for price to break and retest...


Now the Bull Train has left the station; Its not a good time to get in on any trade... You either wait for the Train to go back to the Range 1.38934 so you can LONG again or get to its designated 1.39577 Resistance TP2 level before making another decision..
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My telegram: https://t.me/avidforex
  • #614,460
  • Aug 5, 2021 2:42am Aug 5, 2021 2:42am
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yes yes yes
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