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Cable Update (GBPUSD)

  • #614,961
  • Aug 6, 2021 9:59am Aug 6, 2021 9:59am
GU basing below 1.3880s on monthly turning it resistance to head toward 1.3790s support, bulls don't buy before, if bears can base it below there..will become bearish but that's for later talk..
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #614,962
  • Aug 6, 2021 10:00am Aug 6, 2021 10:00am
Overall, It was good a day for me. GU/UC/EU and bit of AU. Have nice week end guys.

Green pips to all ! Shutting down early.
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Fools Rushing
  • #614,963
  • Aug 6, 2021 10:00am Aug 6, 2021 10:00am
Quoting Pat Chiko
{quote} That's called Smart Investment, for that I'll buy you a drink, TGIF. {image}
Bottle of this would be more to my liking
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  • #614,964
  • Aug 6, 2021 10:01am Aug 6, 2021 10:01am
just hit 38% ext could be the one lets see if we get a sign candle
  • #614,965
  • Aug 6, 2021 10:05am Aug 6, 2021 10:05am
Quoting elbert3
{quote} 3835 can it realy do it , i have seen it before 200% move from its last resistance gl lets watch
Selling at support is generally a dumb thing to do but happy to take the loss. Looks like it could flip to resistance soon enough. Or just drop with all the liquidity found. Price had been moving up on steadily declining volume so I’m guessing the bulls are done for now.
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  • #614,966
  • Aug 6, 2021 10:07am Aug 6, 2021 10:07am
Quoting mysterio
{quote} Might see a bit of a deeper correction this week now the stops above 1.39 have been taken and orders are closed. I don't think the 1.3980 zone will give up easily as it is a very strong supply zone. Nothing is guaranteed. Every trade is dependent on price action so there's no limit orders from me at these levels. Might range a little first. Note the first up leg may only go to 1.3930ish to fill the gap/contact the flip zone. DXY we are reacting off of weekly supply so my dollar bias is bearish/GU bullish overall. But, we contacted a daily...
Starting to see this move pan out and an M pattern on the hourly, daily demand on DXY held good

Now we can look towards 1.38 kind of level next week for a great long I think

Unfortunately didn't capitalise on todays down move got thrown off a bit, all well and good having a plan but you gotta stick to it and not get thrown off course

Approaching ADR soon so we might be broadly done around 1.3860 for today
  • #614,967
  • Aug 6, 2021 10:09am Aug 6, 2021 10:09am
GU and GJ renko chart.

GU is ranging. No trade this week I don't like range market.
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GJ close trade + 130 pips. Important level to watch for possible reversal.
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  • #614,968
  • Aug 6, 2021 10:10am Aug 6, 2021 10:10am
Quoting Waveskierrob
{quote} Bottle of this would be more to my liking {image}
Empty bottle ?

Why do you go and refill it, 10% discount...

That will last for one week,

Attached Image
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #614,969
  • Aug 6, 2021 10:12am Aug 6, 2021 10:12am
Inserted Video
not euphoria follower
  • #614,970
  • Aug 6, 2021 10:12am Aug 6, 2021 10:12am
Quoting mysterio
{quote} Starting to see this move pan out and an M pattern on the hourly, daily demand on DXY held good Now we can look towards 1.38 kind of level next week for a great long I think Unfortunately didn't capitalise on todays down move got thrown off a bit, all well and good having a plan but you gotta stick to it and not get thrown off course Approaching ADR soon so we might be broadly done around 1.3860 for today
yup looks like I missed that 13950 area I was going on about for a decent short. Will take a hit on this long if we get up to 139 at least. I’m thinking a rise up on Monday to 139 before a full drop to 13820-30
Insane in the Brain..
  • #614,971
  • Aug 6, 2021 10:15am Aug 6, 2021 10:15am
Quoting elbert3
{image}{image}BP IS THROUGH THE ROOF . Do we hold to 3850
teach me
  • #614,972
  • Aug 6, 2021 10:15am Aug 6, 2021 10:15am
Quoting W0lfram
{quote} Heading East?
Always
Everytime
Except weekendsI like weekends cause I'm always right with the direction at the weekends
  • #614,973
  • Aug 6, 2021 10:17am Aug 6, 2021 10:17am
Quoting Waveskierrob
{quote} Still holding my 4 FF shorts 1.3860 B/E
B/E now times me thinks for a little profits , The Power of the Maheeee, sorry patience
  • #614,974
  • Aug 6, 2021 10:19am Aug 6, 2021 10:19am
Quoting genadi
{quote} teach me
What how to take blood pressure lol
  • #614,975
  • Aug 6, 2021 10:20am Aug 6, 2021 10:20am
Quoting Waveskierrob
{quote} B/E now times me thinks for a little profits , The Power of the Maheeee, sorry patience
Good timing Bro.

Its Friday. You deserve it for being patience waiting for the price coming to you.

Congrats.

I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #614,976
  • Aug 6, 2021 10:21am Aug 6, 2021 10:21am
Quoting BeeTogether
{quote} yup looks like I missed that 13950 area I was going on about for a decent short. Will take a hit on this long if we get up to 139 at least. I’m thinking a rise up on Monday to 139 before a full drop to 13820-30
Hopefully yea, the M pattern usually does a fib retrace before the full drop but we'll see next week
  • #614,977
  • Aug 6, 2021 10:21am Aug 6, 2021 10:21am
Quoting Bainbrito
{quote} Selling at support is generally a dumb thing to do but happy to take the loss. Looks like it could flip to resistance soon enough. Or just drop with all the liquidity found. Price had been moving up on steadily declining volume so I’m guessing the bulls are done for now. {image}
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working line in for longs of bounce
  • #614,978
  • Edited 10:36am Aug 6, 2021 10:22am | Edited 10:36am
Next week targets just for experiment: (don't follow)
GU: 1.37500
GN: 1.99100
GA: 1.89300
GJ: 151.700 (Be careful)
NU: 0.69500
Gold: 1800
Expanding my suitcase
These are minimum targets
See you next week
GN is promising
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  • #614,979
  • Aug 6, 2021 10:25am Aug 6, 2021 10:25am
trying to make bull candle in 5min few seconds left pp now all trades 71
  • #614,980
  • Edited 12:22pm Aug 6, 2021 10:28am | Edited 12:22pm
Got alert from gold. Unfortunately I don't remember what I marked here, but starting to buy
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GU nothing new for me, 1.377 BE for shorts, price may revisit y'day high... someday
Air force
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